Market Introduction
A rectifier is an electrical device that converts alternating current (AC), which periodically reverses direction, to direct current (DC), which flows in only one direction.
The report studies uncontrolled type rectifier, IGBT rectifier and Thyristor rectifier for industrial use.
Industrial Rectifiers Market Summary
According to the new market research report “Global Industrial Rectifiers Market Report 2023-2029”, published by QYResearch, the global Industrial Rectifiers market size is projected to reach USD 0.84 billion by 2029, at a CAGR of 5.3% during the forecast period.
- Global Industrial Rectifiers MarketSize(US$ Million), 2018-2029
Based on or includes research from QYResearch: Global Industrial Rectifiers Market Report 2023-2029.
Market Drivers:
Technological innovation: Advanced manufacturing technology and continuous innovation of materials have promoted the upgrading of Industrial Rectifiers.
Increased demand: The continuous development of the downstream apllication fields has put forward higher requirements for Industrial Rectifiers and promoted the development of the industry.
Restraint:
Raw material price fluctuations: The industry is greatly affected by raw material price fluctuations, which may lead to rising costs.
Fierce market competition: Competition in the industry is fierce, and price wars may lead to a decline in corporate profits.
Adaptation difficulties caused by technological changes: The rapid development of technology may make it difficult for enterprises to adapt to changes in new technologies in a timely manner.
Opportunity:
Emerging industry leads to more business opportunities
Technological innovation and launches in introducing new products
- Global Industrial Rectifiers Top20Players Ranking and Market Share(Continually updated)
Based on or includes research from QYResearch: Global Industrial Rectifiers Market Report 2023-2029.
According to QYResearch Top Players Research Center, the global key manufacturers of Industrial Rectifiers include ABB, AEG Power Solutions, Siemens, KraftPowercon, GE, Dynapower, Neeltran, Dawonsys, PNE SOLUTION, Prodrive Technologies, etc. In 2022, the global top 10 players had a share approximately 54% in terms of revenue.
- Industrial Rectifiers,Global Market Size, Split by Product Segment
Based on or includes research from QYResearch: Global Industrial Rectifiers Market Report 2023-2029.
In terms of product type, currently MCR Industrial Rectifiers is the largest segment, hold a share of 36%.
- Industrial Rectifiers,Global Market Size, Split by ApplicationSegment
Based on or includes research from QYResearch: Global Industrial Rectifiers Market Report 2023-2029.
In terms of product application, Chemical Industry is the largest application, hold a share of 35%
- Industrial Rectifiers,Global Market Size, Split by Region
Based on or includes research from QYResearch: Global Industrial Rectifiers Market Report 2023-2029.
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