India Semiconductor Rectifier Market to be dominated by Single Phase Rectifier through FY2028
Growing demand for
industrial automation and technological advancements in automobiles is expected
to drive the demand for the India Semiconductor Rectifier Market in the
forecast period, FY2024-FY2028.
According to TechSci Research
report, “India Semiconductor
Rectifier Market By Region, Competition Forecast & Opportunities, FY2028”, the India semiconductor rectifier
market is anticipated to witness steady growth during the forecast period,
FY2024-FY2028. The primary factors include the high demand across various
end-user industries, including consumer electronics, information technology,
communications, automotive, power, and others, and the introduction of
environment-friendly semiconductor rectifiers. They are driving the demand for
the India semiconductor rectifier market.
The rectifier can be defined
as a two-lead semiconductor that allows the current to pass only in one
direction. It is a type of electronic component that converts alternating
current to direct current and is used inside the majority of all the electronic
equipment. The semiconductor rectifier is usually placed in series, either
following a voltage regulator, smoothing filter, or a transformer. A
semiconductor rectifier eliminates the chances of damage to the circuit as it
acts as a polarity guard of electronic circuits.
However, the high cost of
semiconductor rectifiers and technical complexities may restrain the India
semiconductor rectifier market growth in the forecast period.
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The India semiconductor
rectifier market is segmented into product type, type, industry vertical,
regional distribution, and competitive landscape.
Based on product type, the
market is divided into single phase and three phase. The three-phase segment is
expected to witness the fastest incremental growth in the forecast period. They
are more efficient and can transmit three times than single-phase power.
Consumers prefer to invest in purchasing the three-phase power to enjoy a
constant power supply and have low power.
Based on industry vertical,
the market is divided into automotive, consumer electronics, power &
utility, IT & telecom, and others. The consumer electronics segment is
expected to account for a significant market share in the forecast period owing
to the expected roll-out of 5g technology and the growing popularity of smart
devices among consumers. The government is working on improving the
telecommunication industry and investing substantial amounts to boost the
consumer electronics industry. There is high demand for semiconductor rectifiers
to protect the devices from external damage, which is expected to fuel the
growth of India semiconductor rectifier market.
Major market players
operating in the India semiconductor rectifier market are:
·
Infineon
Technologies AG
·
Mitsubishi
Electric Corporation
·
Microchip
Technology, Inc.
·
Renesas
Electronics Corporation
·
Rohm
Semiconductors Co., Ltd.
·
STMicroelectronics
N.V.
·
Texas
Instruments, Inc.
·
Toshiba
Corporation
·
Vishay
Intertechnology, Inc.
·
The
Toro Company
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“The high-end investments by
the market players in research and development activities to find innovative
solutions and upgrade the existing infrastructure is expected to create
lucrative growth opportunities for the India semiconductor rectifier market.
The ongoing trend of the miniaturization of electronic devices is forcing
electronic component manufacturers to lower the size of semiconductor
rectifiers. They are widely used during the manufacturing of power electronic
devices. The high demand from the automotive industry is expected to propel the
growth of India semiconductor rectifier market till FY2028” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based global management
consulting firm.
“India Semiconductor Rectifier Market By Product
Type (Single Phase and Three Phase), By Type (Low Current Rectifier, Medium
Current Rectifier, High Current Rectifier), By Industry Vertical (Automotive,
Consumer Electronics, Power & Utility, IT & Telecom, and Others), By Region,
Competition Forecast & Opportunities, FY2028”, has evaluated the future
growth potential of India semiconductor rectifier market and provides
statistics & information on market size, structure and future market growth.
The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in India semiconductor rectifier market.
Contact
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Tel: +1-646-360-1656
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