Semiconductor Rectifiers Market Projected to Reach $7.72 Billion By 2027 | Allied Market Research

The global semiconductor rectifiers market size was valued at $3.22 billion in 2019, and is expected to reach $7.72 billion by 2027, growing at a CAGR of 11.4% from 2020 to 2027.

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Semiconductor rectifiers are electronic devices allowing current flow in one direction. Common types include diodes and thyristors. They convert alternating current (AC) to direct current (DC), crucial in power supplies and signal processing circuits, due to their efficiency and reliability.