A rectifier controller is a unidirectional power switch that is used to transition between direct current (D.C.) and alternate current (AC). It is also used to rectify alternating current signals in regulated direct current output and vice versa. With the widening demand-supply mismatch in power, concern about transmission losses has grown in recent years. At the moment, around 70% of worldwide electricity is consumed by devices equipped with power electronics, which is predicted to increase throughout the forecast period; all of this is responsible for fueling the global market's growth during the forecast period. Motor controllers, pressure control regulators, light dimmers, liquid level regulators, and electronic automobile ignition are just a few of the uses for silicon-controlled rectifiers. Rectifier controller is used in a variety of industries, including semiconductor and consumer electronics, power transmission, clean energy, aerospace and defense, automotive, medical, and oil and gas. The increased use of these rectifiers in these industries is propelling the rectifiers controllers market growth in various regions throughout the world.
The rectifiers controllers market share is segmented on the basis of type, technology, application, industry, and region. Based on type, the market is bifurcated into half wave and full wave. By technology, it is categorized into AC gate triggered SCR and DC Gate triggered SCR. Based on application, the market is bifurcated into motor control, light dimmer, pressure control system, liquid level regulator, power control, and others. By industry vertical, it is categorized into food and beverages, oil and gas, metals, textile, chemicals, glass and others. Based on region, the market is analyzed across North America (the U.S. and Canada), Europe (Germany, the UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Key players operating in the rectifiers controllers market include Control Concepts Inc, AMETEK, Inc., Chromalox, Inc., Danfoss, Gefran SPA, Avatar Instruments, Honeywell International Inc., JUMO India Pvt. Ltd., LUMEL S.A., OMRON Corporation. These players adopt collaboration, partnership, and agreement as their key developmental strategies to increase revenue of the communication processor industry and develop new products for enhancing product portfolio.
COVID-19 impact analysis
COVID-19 has had a substantial impact on the sector's fundamentals, including consumer behavior, business revenues, and a variety of company activities. The rectifier controllers manufacturing industry have been harmed by disruptions in raw material supply, temporary shutdown of manufacturing units, inadequate finance, and weak consumer demand. The factories are shut as a result of the lockout and it negatively impacted the manufacturing of rectifier controller and sales, ultimately halting the operations. All these factors are hampering the rectifiers controllers market size globally.
Top impacting factors
Power electronics enabled devices consume more than 80% of overall electricity consumption in developed regions. Power electronics is utilized in a variety of industrial applications to ensure the efficient distribution and use of energy in various industrial processes. Reliability, cost benefits, miniaturization, and increased product life cycle of electrical equipment are fueling the power electronics equipment market, which is supporting the rectifiers controllers market growth. The replacement of aged power distribution infrastructure in developed regions, combined with high penetration of smart grids in developing countries, is propelling the global rectifier controller market forward. Rectifier controller has been widely employed in power electronic applications such as inverters, switches, and controllers. The primary factor impeding rectifiers controllers market opportunity is the production of rectifier controller at an efficient and low cost. The high-cost expenditure and complexity in manufacturing of rectifier controllers can be considered as a restraining factor for the market. It is difficult to switch off the conducting rectifier controller as it needs some extra circuits to do so, which can be a restraining factor for the rectifier controller industry.
Market trends
Surge in usage in smart grid
According to rectifiers controllers market trends, the increasing penetration of smart grids in developing countries as well as the replacement of old power infrastructure in established regions have both generated potential opportunities for the rectifier controller industry. An increase in urbanization in emerging nations, combined with increased government investment on modern power production, distribution, and transmission networks, is expected to boost the growth of the rectifier controllers’ market during the forecast period. Rectifier controllers provide advantages such as faster switching times when compared to mechanical switches, lower power losses during switching, and reduced transmission losses. Attributed to these advantages, the use of these rectifiers in motor controllers, liquid level regulators, and pressure control regulators has increased dramatically in recent years. Aside from the benefits outlined above, the use of rectifier controllers provides advantages such as reduced thermal stress and an extension of the product lifecycle of power electronic devices due to low switching loss. Such additional benefits promoted the use of rectifier controllers in the industrial sector.
Key benefits of the report
- This study presents the analytical depiction of the rectifiers controllers market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
- The current market is quantitatively analyzed to highlight rectifiers controllers market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the rectifiers controllers market.
- The report provides a detailed rectifiers controllers market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the research report
- Which are the leading players active in the rectifiers controllers market forecast?
- What are the detailed impacts of COVID-19 on the market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
Rectifiers Controllers Market Report Highlights
Aspects | Details |
By Type |
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By Product |
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By Application |
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By Industry |
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By Region |
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Key Market Players | OMRON Corporation, Honeywell International Inc., Control Concepts Inc, Danfoss, LUMEL S.A, AMETEK, Inc., JUMO India Pvt. Ltd., Chromalox, Inc., Gefran SPA, Avatar Instruments |
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