Ultrafast Rectifiers Market Sales and Growth Rate (2019-2027)

 

• Ultrafast rectifiers are semiconductor devices that are integrated in application devices or systems. These have low forward voltage with ultrafast reverse recovery.
• Ultrafast rectifiers have the lowest forward voltage (Vf). Therefore, they are ideal for low switching frequency applications and applications without strict EMI requirement.
• Ultrafast rectifiers deliver features such as ultrafast switching, high voltage, low thermal resistance, and reduced switching and conduction losses
• Ultrafast rectifiers are largely used in systems such as inverters, AC adapters, TVs, AC/DC power supplies, and electric vehicles (EVs), owing to their high voltage and ultrafast switching

Key Drivers of Global Ultrafast Rectifiers Market

• Rise in usage of ultrafast rectifiers in lighting ballasts is the key factor expected to drive the ultrafast rectifiers market during the forecast period
• The digital revolution has brought about smart lighting systems and controls in the lighting industry. Thus, demand for electronic ballasts with embedded intelligence has increased globally.
• Increase in electrification and automation of automobiles has boosted the demand for ultrafast rectifiers across the globe

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Commercial end-use industry Segment to Expand Significantly

• In terms of end-use industry, the global ultrafast rectifiers market can be divided into automotive, industrial, commercial, consumer, and others
• The commercial segment is estimated to expand at a significant pace during he forecast period owing to the rise in usage of ultrafast rectifiers in various commercial products including TVs, adapters, and computers

Asia Pacific to Hold Major Share of Global Ultrafast Rectifiers Market

• In terms of region, the global ultrafast rectifiers market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
• The ultrafast rectifiers market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period. This can be ascribed to the presence of several foundries, outsourced semiconductor assembly, and test vendors in the region.
• Growth in production of electric vehicles and increase in investments in research & development by governments and manufacturers to meet the high demand for innovative products are projected to propel the ultrafast rectifiers market in Asia Pacific
• The ultrafast rectifiers market in North America and Europe is likely to witness stagnant growth between 2019 and 2027. The market in Middle East & Africa and South America is estimated to witness sluggish growth during the forecast period.

Key Players Operating in Global Market

The global ultrafast rectifiers market was highly fragmented, with the top manufacturers accounting for major market share. Prominent players operating in the global market are focusing on advanced designs to meet the rising demand for ultrafast rectifiers. Furthermore, manufacturers are increasing their investments in research and development activities for the development of further user-friendly, innovative, and miniaturized products.

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Key players operating in the global ultrafast rectifiers market are:

• STMicroelectronic N.V.
• Diodes Incorporated
• Vishay Intertechnology, Inc. 
• Littelfuse, Inc.
• ON Semiconductor Corporation
• MACOM Technology Solutions Holdings, Inc.