DC-DC Converter Market Size 2023-2028: Global Report, Industry Analysis and Trends

Industry Overview of DC-DC Converter Market

IMARC Group, a leading market research company, has recently releases report titled “DC-DC Converter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global dc-dc converter market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

What is a DC-DC Converter?

DC-D  C converters represent linear or switching regulators that are incorporated in electronic devices for converting and stabilizing direct current (DC) voltage to another. In terms of mounting style, they can be categorized into surface mount and through-hole types. DC-DC converter variants optimally regulate the operating voltage of various electronic devices, including integrated circuits (ICs), that can vary over an extensive range, thereby preventing malfunction and degradation from improper or unstable voltage supply. They rely on high frequency switching and inductors, capacitors, transformers to efficiently produce a regulated voltage, etc. As a result, DC-DC converter systems find widespread applications across several sectors, such as automotive, telecommunications, energy and power, aerospace, defense, healthcare, etc.

DC-DC Converter Market

Report Highlights

How Big is the DC-DC Converter Market?

Report Attributes

Details

Market Size in 2022

US$ 10.7 Billion

Market Forecast in 2028

US$ 16.7 Billion

Growth rate (2023 to 2028)

CAGR of 7.4%

Base Year of the Analysis

2022

Forecast Period

2023-2028

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What Are the Growth Prospects and Trends in the DC-DC Converter Industry?

The escalating demand for portable electronic devices, including cellular phones, laptops, computers, etc., on account of the increasing penetration of the internet, is primarily driving the DC-DC converter market. Besides this, the growing utilization of these regulators in electric vehicles (EVs) for ensuring high-efficiency energy conversion, running vehicle accessories, and recharging the auxiliary battery is acting as another significant growth-inducing factor. Additionally, the widespread adoption of renewable energy sources and the inflating need for achieving precise control of input and output characteristics and improving the reliability of energy management systems are further propelling the global market. Apart from this, the development of innovative product variants by key market players that include economical low-power solutions and reliable and power modules suitable for use in medical, defense, and railway applications is expected to bolster the DC-DC converter market in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Mounting Style:

  • Surface Mount
  • Through Hole
     

Breakup by Input Voltage:

  • 5-36V
  • 36-75V
  • 75V and above
     

Breakup by Output Voltage:

  • 3.3V
  • 5V
  • 12V
  • 15V and above
     

Breakup by Application:

  • Smartphone
  • Servers PCs
  • EV Battery
  • Railway
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including: 

  • 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
  • Vicor Corporation.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

Ask Analyst for 10% free customized report:  https://www.imarcgroup.com/request?type=report&id=5388&flag=C

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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