Surface Mounted Bridge Rectifier Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.1 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
The Surface Mounted Bridge Rectifier market has undergone notable changes from 2018 to 2022, with key trends influencing demand and market dynamics. During this period, the market experienced steady growth, driven by increasing applications in various industries such as automotive, consumer electronics, and industrial equipment. The surge in demand for energy-efficient products and advancements in power electronics contributed to the increasing adoption of surface mounted bridge rectifiers. Moreover, the integration of these rectifiers in renewable energy systems and electric vehicles (EVs) further bolstered their market share.
From 2023 to 2033, however, the market is expected to experience an even more dynamic transformation. A major factor driving this anticipated growth is the continued rise in the adoption of electric vehicles, which require efficient power conversion systems. Additionally, innovations in power semiconductor technology and the demand for miniaturized electronic components are expected to accelerate the use of surface mounted bridge rectifiers in emerging applications. The increasing emphasis on renewable energy sources, such as solar and wind power, also plays a pivotal role in expanding the market for these devices.
The shift from traditional through-hole to surface-mounted technology has been a significant factor in shaping the market. Surface-mounted bridge rectifiers offer compact designs, improved thermal performance, and enhanced efficiency, making them ideal for high-performance applications. As industries push for smaller, more reliable, and energy-efficient components, the demand for surface-mounted rectifiers is expected to grow exponentially in the coming years.
Other factors influencing the Surface Mounted Bridge Rectifier market outlook include advancements in automation, consumer electronics, and the rapid evolution of Internet of Things (IoT) devices. These sectors are all poised to increase their reliance on efficient rectifiers for power management and conversion. The global expansion of smart cities and infrastructure projects also demands energy-efficient solutions, further driving the demand for these devices.
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Central Semiconductor
Diodes Incorporated
Infineon
IXYS
Micro Commercial
Microchip
Onsemi
SMC
STMicroelectronics
Surge
Vishay
Taiwan Semiconductor
EVERLIGHT
GOALTOP
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Surface Mounted Bridge Rectifier Market
Switching Mode Power Supply
Led Lighting
Integrated Circuit
Mobile Communication
Industrial Automation Control Facilities
Automotive Electronics
Medical Instruments
Other
Based on Types the Market is categorized into Below types that held the largest Surface Mounted Bridge Rectifier market share In 2023.
Flat
Circular
Square
Bench
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Surface Mounted Bridge Rectifier Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Surface Mounted Bridge Rectifier Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Surface Mounted Bridge Rectifier Market, By Type
6. Global Surface Mounted Bridge Rectifier Market, By Application
7. Global Surface Mounted Bridge Rectifier Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Surface Mounted Bridge Rectifier Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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