The growing number of consumer electronic devices and telecommunication services is triggering the demand for fast rectifiers owing to digitalization in the industrial sector, and further, the rising electrification trend in automobiles are some of the primary factors which are fueling the growth of the fast rectifier market.
North America is projected to hold a major piece of the pie of the global market in 2018. One of the core reasons for the dominance of North America is the presence of several key players in this region. However, the SEA and others of Asia Pacific market is anticipated to create more potential growth opportunities in the fast rectifier market in the coming years owing to the growth in the automotive and electronics industries.
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- ON Semiconductor Corporation
- Diodes Incorporated
- ROHM Semiconductor
- Infineon Technologies AG
- Vishay Intertechnology
- Microsemi Corporation
- Maxim Integrated
- Sanken Electric Co., Ltd
Consumer electronics is expected to be the leading industry deploying fast rectifier in the coming years
Fast Rectifiers are utilized in various consumer electronic devices such as laptops, personal desktops, and data communication systems to improve energy efficiency and for high-frequency rectification. The Fast Rectifier market is observing rapid growth owing to the increasing number of consumer electronic devices in various countries of the world.
Moreover, an upsurge in the number of Internet users and telecommunication devices in developing countries like Brazil, China, India, and Japan are factors which are crafting impending opportunities for the growth of the Fast Rectifier market in the coming years.
The Fast Rectifier market is incessantly witnessing the demand for new and ultrafast rectifiers. As a result of the swift adoption of novel and advanced electrical and electronic instruments for industrial automation, several companies are developing and manufacturing Fast Rectifiers and ultra-fast recovery diodes, which also covers the need of customers and helps in lowering the engineering costs.
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Automotive industry will give a tough competition to the consumer electronics industry in terms of the adoption of fast rectifiers
The automotive sector has a huge impact on the fast rectifier market. The increasing number of vehicles and an increase in the production of automotive parts are important factors which are driving the growth of the fast rectifier market.
As fast recovery diodes are used in the automobile industry for switching power supplies, and for fast switching speeds, along with improved efficiency and reduced loss, the growth in the automotive industry directly influences the demand for fast rectifiers. Countries in Latin America and Asia Pacific such as China, Japan, India, Brazil, and Mexico play an important role in the growth of the automotive sector.
Moreover, increasing electrification in vehicles, such as hybrid and electric vehicles, is energizing the market for fast rectifiers in various regions such as North America, Europe, and Asia Pacific. These hybrid and electric vehicles have significantly higher semiconductor content as compared to conventional vehicle models.
With the growing demand for fuel and operational efficiency, electrification is an attractive option for commercial, construction, and agricultural vehicles. Fast rectifiers are used in electric and hybrid vehicles to significantly reduce the commutation losses in output rectification circuits. These factors are projected to fuel the growth of the fast rectifier market across the globe.
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