DC-DC Converter Market Report Includes Dynamics, Products, and Application 2016 – 2030

DC-DC Converter Market

With the growth of IoT, the requirement for higher power densities, and the adoption of smart grids, energy storage systems, and electric vehicles during the past three years, DC-DC converter use has expanded. The development and application of cutting-edge technology is anticipated to increase demand for DC-DC converters. Because of this, the market for DC-DC converters is anticipated to increase at a high single-digit rate throughout the forecast period.

A DC-DC converter is an electrical circuit used to change the voltage level of a Direct Current (DC) source. They aid in boosting the voltage from a battery with a partially decreased voltage while preserving space. The output voltage is also controlled via DC to DC converters.

The global DC-DC converter market has been divided by product type, input voltage, output power, industry, region, and others for the purposes of this report by PMR. The DC-DC converter market is divided into isolated and nonisolated DC-DC converters based on the type of product. During the projection period, the nonisolated DC-DC converter market is anticipated to display a higher CAGR. But throughout the forecast period, the isolated DC-DC converter segment is anticipated to rule the market. In addition, an additional US$ 974.3 Mn in potential is anticipated for standalone DC-DC converters between 2018 and 2026.

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Recent developments in the adoption of DC-DC converters by the world's railways industry and the rising demand for their use in electric vehicles are two factors that are currently driving the growth of the DC-DC converter market.

The DC-DC Converter Market – Market Trends
• The increasing demand for high-quality, low-cost electronic modules, the growing use of internet of things (IoT) technology, and advancements in surgical equipment for digital power management and control are all expected to drive the growth of the global DC-DC converters market. A direct current (DC) converter is an electrical circuit that transforms a DC source into a different amount of voltage. They help to save space while increasing the voltage from a battery that is only partially charged. Additionally, DC to DC converters is used to manage the voltage output, which bodes well for the market's future.

• The inclusion of cutting-edge technologies in cars, such as advanced driver assistance system (ADAS) technology, connection modules, V2X communication modules, and LED lighting, is bolstering the demand for DC-DC converters.
• The DC-DC converter delivers switch-mode power supplies (SMPS) for engine control units for body, safety, and power train units in automotive applications. Due to the rise in data centres, which require high performance and energy efficiency, the DC-DC converter market is predicted to expand significantly throughout the forecast period.

The DC-DC Converter Market – Segmentation
The DC-DC Converter Market fragrance concentrates market has been sub-classified into input voltage, output voltage, mounting style, application.
On the basis of input voltage, the DC-DC Converter Market is bifurcated into:
• 5-36V
• 36-75V
• 75V and above
• others

On the basis of output voltage, the market is segmented into:
• 3.3V
• 5V
• 12V
• 15V and above
• others

On the basis of mounting style, the market segmented into:
• Surface mount
• Through hole
• Others

On the basis of application, the market segmented into:
• Smartphone
• Servers PCs
• EV battery
• Railway
• Medical equipment
• Others

The Wi-Fi Market – Key Market players
Global key players of DC-DC Converter Market include ABB Ltd, Bel Fuse Inc., Delta Electronics Inc., Fujitsu Limited, General Electric Company, Infineon Technologies AG, Meggitt plc, Murata Manufacturing Co. Ltd., RECOM Power GmbH, STMicroelectronics, TDK Corporation and Vicor Corporation, and others.

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Frequently Asked Questions

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