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.
In the coming years there is an increasing demand for Industrial Rectifiers in the regions of United States and Europe that is expected to drive the market for more advanced Industrial Rectifiers. Growth in government budgets in the principal countries, increasing of Smelting Industry expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Industrial Rectifiers will drive growth in United States and Europe markets.
Globally, the Industrial Rectifiers industry market is low concentrated as the manufacturing technology of Industrial Rectifiers is relatively matures than some high-tech equipment. And some enterprises, like ABB, Siemens, AEG Power Solutions, etc. are well-known for the wonderful performance of their Industrial Rectifiers and related services. At the same time, Asia-Pacific, occupied 49.25% sales market share in 2017 is remarkable in the global Industrial Rectifiers industry because of their lowest cost of raw material and labor.
The consumption volume of Industrial Rectifiers is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Industrial Rectifiers industry may not keep that fast. But it is surely forecasted that the market of Industrial Rectifiers is still promising.
The Industrial Rectifiers market was valued at 550 Million US$ in 2018 and is projected to reach 760 Million US$ by 2025, at a CAGR of 4.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Industrial Rectifiers.
This report presents the worldwide Industrial Rectifiers market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
AEG Power Solutions
Spang Power Electronics
Xi’an Zhongkai Power Rectifier
Industrial Rectifiers Breakdown Data by Type
Industrial Rectifiers Breakdown Data by Application
Industrial Rectifiers Production by Region
Industrial Rectifiers Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Industrial Rectifiers status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Industrial Rectifiers manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Industrial Rectifiers :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Industrial Rectifiers market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.