Global Industrial Rectifiers Market Growth 2023-2029

Global Industrial Rectifiers Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Industrial Rectifiers Industry Forecast” looks at past sales and reviews total world Industrial Rectifiers sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Rectifiers sales for 2023 through 2029. With Industrial Rectifiers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Rectifiers industry.
This Insight Report provides a comprehensive analysis of the global Industrial Rectifiers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Rectifiers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Rectifiers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Rectifiers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Rectifiers.
The global Industrial Rectifiers market size is projected to grow from US$ 637.3 million in 2022 to US$ 847.2 million in 2029; it is expected to grow at a CAGR of 847.2 from 2023 to 2029.
Global Industrial Rectifiers key players include ABB, Siemens, etc. Global top two manufacturers hold a share over 30%.
Asia-Pacific is the largest market, with a share over 40%, followed by North America and Europe, both have a share over 45 percent.
In terms of product, MCR is the largest segment, with a share about 55%. And in terms of application, the largest application is Transportation, followed by Smelting Industry, Chemical Industry, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Rectifiers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
LCR
MCR
HCR
Segmentation by application
Smelting Industry
Chemical Industry
Transportation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Siemens
AEG Power Solutions
Dawonsys
Powercon
Raychem RPG
Spang Power Electronics
Neeltran
Xi’an Zhongkai Power Rectifier
Controlled Power
Chengdu General Rectifier
Fuji Electric
DongAh
PNE SOLUTION
Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Rectifiers market?
What factors are driving Industrial Rectifiers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Rectifiers market opportunities vary by end market size?
How does Industrial Rectifiers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.