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2020
Dc-dc Converter Market

DC-DC Converter Market

By Input Voltage (5-36V, 36-75V, 75V and Above), Output Voltage (3.3V, 5V, 12V, 15V and Above), Mounting Style (Surface Mount and Through Hole), Application (Smartphone, Servers & Storage, EV Battery Management Unit, Railway, and Medical Equipment): Global Opportunity Analysis and Industry Forecast, 2020-2027

Report Code: A05304
Pages: 289
Oct 2020 | 9556 Views
Author(s) : Avinash S , Vineet K
Tables: 130
Charts: 77
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COVID-19

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DC-DC Converter Market Outlook – 2027

The global DC-DC Converter market size was valued at $8.76 billion in 2019, and is projected to reach $17.85 billion by 2027, growing at a CAGR of 11.10% from 2020 to 2027. DC-DC converters are high-frequency power conversion circuits that use high-frequency switching and inductors, transformers, and capacitors to smooth out switching noise into regulated DC voltages. DC-to-DC converters are used to reduce High voltage DC input to low voltage DC output for some specific appliances. They are also used to isolate some highly sensitive components in a circuit from its other components to avoid any kind of damage.

DC-DC Converter Market

The DC-DC converters are increasingly used in portable electronic devices such as cellular phones, laptops, and computers. As the demand for these portable devices is on the rise, the global DC-DC converter market is expected to witness growth. The DC-DC converter finds its application in computers, laptop, cellular phone, spacecraft power systems, buses, and lighting system, which are then used in various end uses such as consumer electronics, IT & telecommunication, energy & power, and automotive.

 

DC-DC Converter Market
By Input Voltage

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5-36V segment is projected to be the most lucrative segment

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Segment Review

The global DC-DC converter market is segmented on the basis of input voltage, output voltage, mounting style, application, and region. Based on the input voltage, the market is divided into 5-36V, 36-75V, and 75V & above. Based on the output voltage, the market is divided into 3.3V, 5V, 12V, and 15V & above. By mounting style, the market is bifurcated into, surface mount and through hole. Based on the application, the market is categorized into smartphone, servers & storage, EV battery management unit, railway, and medical equipment. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

 

DC-DC Converter Market
By Output Voltage

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5V segment will maintain the lead throughout the forecast period

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Top Impacting Factors

The significant factors impacting the growth of the global DC-DC Converter market include rise in adoption of electric vehicles, surge in usage of DC-DC converter in railway application, and increase in demand for power electronics component drive the market growth. However, regulation and safety standards hamper the DC-DC Converter market growth. On the contrary, rising adoption of 5G technology in developed countries is expected to create lucrative DC-DC converter market.

 

DC-DC Converter Market
By Mounting Style

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Through Hole segment will secure the leading position during 2020 - 2027

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Rise in Adoption of Electric Vehicles

Electric Vehicles (EVs), Hybrid Electric Vehicles (HEVs) and Fuel Cell Electric Vehicles (FCEVs) have been typically proposed to replace conventional vehicles in the near future. Process of adoption of electric vehicles and required infrastructure has been started over the last few years. DC-DC converters are used to interface the elements in the electric power train by boosting or cutting down the voltage levels. Further, the advancement of DC-DC converter such as lightweight, small volume, with high efficiency, low electromagnetic interference and low current/voltage ripple has increased its demand in various applications.

 

DC-DC Converter Market
By Application

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Smartphone segment will maintain the dominant position throughout the forecast period

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In addition, the growing sensitivity of various governments toward a cleaner environment has increased the demand for zero-emission vehicles. Developed nations such as the U.S., Germany, and the UK are actively promoting the use of electric vehicles to reduce emissions, which has resulted in the growth of electric vehicle sales. The increase in adoption of electric buses, in countries such as India and China, has contributed to the growth of the electric commercial automobile industry. Other nations are expected to replace their existing fuel-based bus fleet with electric buses. The increase in market trend for replacement of fossil fuel based public transport vehicle fleet with electric buses will drive the demand of DC-DC converters among automotive industry during the forecast period.

 

DC-DC Converter Market
By Region

2027
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific region would exhibit the highest CAGR of 12.3% during 2020 - 2027

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Surge in Usage of DC-DC Converter in Railway Application

DC/DC converters are used in railway environments to convert DC battery voltages to a lower voltage for usage in a variety of control and energy circuits. This is because railway rolling stock uses a DC power distribution system so that batteries can be used to maintain electrical power in the event of a generator failure. Therefore, the applications in railway industry such as railway rolling stock, On-board and trackside application, industrial applications, high voltage battery-powered applications, and distributed power supply architectures, among others demand the use of DC-DC converters. The railway uses DC/DC converters of specification EN 50155 to meet the harsh environmental condition for application.       

Competitive Analysis

The key players that have major global DC-DC Converter market share include Ericsson, Texas Instruments, Murata Manufacturing Co. Ltd., General Electric (GE), Delta Electronics Inc., Vicor Corporation, TDK-Lambda Corporation, Traco Electronic AG, RECOM Power GmbH, among others are profiled in this report. The global DC-DC Converter industry key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreement, among others to influence the market growth.

Covid-19 Impact Analysis

Global DC-DC Converter market has been significantly impacted by the covid-19 outbreak. The production facilities of the DC-DC Converter have been halted, owing to the slowdown and unavailability of the workforce across the globe. COVID-19 outbreak has caused a significant and protracted drop in manufacturing utilization, and travel bans & facility closures kept workers out of their factories, which may lead to slowdown in the growth of the DC-DC Converter market in 2020.  

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global DC-DC Converter market size along with the current global DC-DC Converter market trends and future estimations to depict the imminent investment pockets.
  • The overall DC-DC Converter market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and DC-DC Converter market opportunities with a detailed impact analysis.
  • The current DC-DC Converter market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the DC-DC Converter industry.

DC-DC Converter Market Report Highlights

Aspects Details
By Input Voltage
  • 5-36V
  • 36-75V
  • 75V and above
By Output Voltage
  • 3.3V
  • 5V
  • 12V
  • 15V and above
By Mounting Style
  • Surface Mount
  • Through Hole
By Application
  • Smartphone
  • Servers PCs
  • EV Battery
  • Railway
  • Medical Equipment
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, UK, France, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players TEXAS INSTRUMENTS INCORPORATED, ERICSSON, MURATA MANUFACTURING COMPANY, LTD., GENERAL ELECTRIC, MORNSUN, RECOM Power GmbH, Traco Electronic AG, Delta Electronics, Inc., Vicor Corporation, TDK-Lambda Corporation
 

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DC-DC converters that generate a precise and constant current are proving to be a crucial factor in the development of mission-critical electronic components. The DC-DC converter is a type of electric power converter that converts a source of direct current (DC) from one voltage level to another. They are increasingly used in portable electronic devices such as cellular phones and laptop computers. Earlier, before the development of power semiconductors, the primary way to convert the voltage of a DC supply to a higher voltage was via AC.

The significant factors impacting the growth of the global DC-DC Converter market include rise in adoption of electric vehicles, surge in usage of DC-DC converter in railway application and development of high voltage DC-DC converter. However, regulation and safety standards hamper the DC-DC Converter market growth. On the contrary, rising adoption of 5G technology in developed countries is expected to create lucrative DC-DC Converter market opportunities.

The key players that have major global DC-DC Converter market share include Ericsson, Texas Instruments, Murata Manufacturing Co. Ltd., General Electric (GE), Delta Electronics Inc., Vicor Corporation, TDK-Lambda Corporation, among others are profiled in this report. The global DC-DC Converter industry key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements, among others to influence the market growth.

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FREQUENTLY ASKED QUESTIONS?

A. The DC-DC Converter Market is estimated to grow at a CAGR of 11.10% from 2020 to 2027.

A. The DC-DC Converter Market is projected to reach $17.85 billion by 2027.

A. To get the latest version of sample report

A. Rise in adoption of electric vehicles, surge in usage of DC-DC converter in railway application, and increase in demand for power electronics component boosts the DC-DC Converter market growth.

A. The key players profiled in the report include Ericsson, Texas Instruments, Murata Manufacturing Co. Ltd., General Electric (GE), Delta Electronics Inc., Vicor Corporation, TDK-Lambda Corporation, and many more.

A. On the basis of top growing big corporations, we select top 10 players.

A. The DC-DC Converter Market is segmented on the basis of input voltage, output voltage, mounting style, application, and region.

A. The key growth strategies of DC-DC Converter market players include product launch, product development, collaboration, partnership, and agreement.

A. 5-36V segment holds a dominant position throughout the forecast period.

A. Smartphone segment is expected to secure the leading position throughout the forecast period.

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