North America Semiconductor Rectifiers Market By Product Type (Single Phase and Three Phase), By Industry Vertical (Consumer Electronics, Automotive, Power & Utility, Telecom & IT and Others), By Country, Industry Analysis and Forecast, 2020 - 2026
The North America Semiconductor Rectifiers Market would witness market growth of 13.4% CAGR during the forecast period (2020-2026).
The growth graph of the semiconductor rectifiers has seen a tremendous transformation. One of the main factors that lead to the increasing adoption of semiconductor rectifiers is the increasing demand for high power efficiency in the market. The miniaturization of the electrical components is also boosting the demand for semiconductor rectifiers in the market. These miniaturized rectifier diodes are the main element in power supplies, in which they are utilized to convert AC voltage to DC voltage. Additionally, the increasing government spending on making smart cities is propelling the market growth.
Furthermore, the rising trend for electrification in the automobile industry is among the main factors which is boosting the semiconductor rectifiers market over the forecast period. Although, the market of semiconductor rectifiers is competitive in nature and has numerous regional and global vendors competing on the basis of factors like reliability, cost of solutions & services, the efficiency of the product, and support services.
Moreover, there is an increasing application of semiconductor rectifiers in DC power supplies, high voltage power transmission systems and radio signal or detectors. Apart from this, there are many consumer appliances like video game systems, laptops, and television, which need these power rectifiers to create power. In addition, the proliferation of consumer electronic appliances like mobile phones, computer, and television boosts the demand for semiconductor rectifiers that helps in converting AC voltage to low DC voltage supply.
Based on Product Type, the market is segmented into Single Phase and Three Phase. Based on Industry Vertical, the market is segmented into Consumer Electronics, Automotive, Power & Utility, Telecom & IT and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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, Campbell Scientific, Inc., and Manx Technology Group.
Scope of the Study
Market Segments covered in the Report:
By Product Type
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