Competition Scenario In Global Semiconductor Rectifier Market
The global Semiconductor Rectifier Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players.
Country niche players and regional players constitute ~50% in terms of the number of players, followed by regional players with ~35% of the constitution. Some of the major players in the market include ABB, Mitsubishi Electric Corp., Toshiba Corp., Semiconductor Components Industries, LLC, Diodes Incorporated, Vishay Intertechnology, Inc., Comchip Technology Co., Ltd., STMicroelectronics, Hitachi, Fuji Electric Co., Texas Instruments, and others.
What Is the Expected Future Outlook for The Overall Global Semiconductor Rectifier Market Across the Globe?
The Global Semiconductor Rectifier market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.
The Global Semiconductor Rectifier market is driven by the increasing demand for smart grids and the rising government expenses on modern power generation and distribution infrastructure. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.
With the increasing acquisition and emergence of new products, the Global Semiconductor Rectifier market is changing rapidly. For instance, In January 2021, Toshiba has released CUHS15F60, CUHS15S60, CUHS20F60, and CUHS20S60, four 60 V Schottky barrier diode (SBD) products. These products are suitable for rectifying power supply lines that need to increase the voltage to extend their lineup. The balance between the forward voltage and reverse current is important for the CUHS15F60 and CUHS20F60 devices, which have less forward voltage. However, the ultra-low forward voltage models CUHS15S60 and CUHS20S60 place a strong emphasis on lowering the forward voltage. In October 2020, SOMOS (a fabless semiconductor company) was purchased by STMicroelectronics. Through this acquisition, STMicroelectronics improved its expertise, intellectual property, and Front-End Modules roadmaps for the IoT and 5G industries. The development of ST's roadmap for RF Front-End Modules for the 5G infrastructure industry was aided by SOMOS technology and resources.
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In June 2019, Vishay Intertechnology, Inc., launched eight 100 V and 200 V devices in the e-SMP series SMP (DO-220AA) package for expanding its portfolio of FRED Pt Ultrafast recovery rectifiers. This includes the first device in the market to deliver current ratings of up to 2 A.
The Global Semiconductor Rectifier Market is forecasted to continue a gradual growth that is witnessed since 2017, during the forecast period also. Key trends driving market expansion include the increasing demand for smart grids and the rising government expenses on modern power generation and distribution infrastructure. The market is highly competitive with ~200 participants concentrating on expansion strategies through product innovations.
Market Taxonomy
By Product Type
- Single Phase
- Three Phase
By Industry Vertical
- IT and Telecom
- Automotive
- Consumer Electronics
- Power and Utility
- Other
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By Geography
- North America
- USA
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- Italy
Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Indonesia
Australia Rest of Asia Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Players
- ABB Group
- Mitsubishi Electric Corp.
- Toshiba Corp.
- Semiconductor Components Industries, LLC
- Diodes Incorporated
- Vishay Intertechnology, Inc.
- Comchip Technology Co., Ltd.
- STMicroelectronics
- Hitachi Ltd
- Fuji Electric Co.
- Texas Instruments (TI)
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