DC-DC Converters Market Forecasts to 2028 – Global Analysis By Product Type (Non-Isolated, Isolated), Application (Railway Traction, Medical Equipment), End User (Consumer Electronics, Server), and By Geography

According to Stratistics MRC, the Global DC-DC Converters Market is accounted for $9.95 billion in 2020 and is expected to reach $35.19 billion by 2028 growing at a CAGR of 17.1% during the forecast period. Some of the key factors propelling the market growth include growing adoption of environment-friendly electric vehicles, increasing use of DC-DC converters in electric/fully electric aircraft, incorporating new power-saving architectures in DC-DC converters, rising use of thick film hybrid DC-DC converters in space applications, increasing power requirements of networking infrastructure, and growing requirement for reliable power supply units for use in out-patient care equipment. However, regulations and safety standards that vary from country to country is likely to hamper the market.
A DC-DC converter is an electronic circuit or electromechanical device, which converts a source of direct current (DC) from one voltage level to another. DC-DC converters are extensively used to efficiently produce a regulated voltage from a source that may or may not be well controlled, such as solar power to a connected load. Its closed feedback loops maintain constant voltage output even when changing input voltages and output currents. The majority DC-DC converter circuits regulate the output voltage. A large number of DC-DC converters are commonly designed to flow current in one direction from dedicated input to output. However, switching converters are designed to move current in both the directions; they are electronically complex in nature.
By end user, information technology (IT) & telecommunication segment is projected to grow at the lucrative rate during the forecast period, due to the transition from 3G/4G network to 5G. This will lead to the shift from larger, macro base stations to smaller solutions which require low power demands. Key players are developing products to match the rapid development in the communication industry. For instance, in June 2018, Murata launched its 1 kW DRQ-11.4/88-L48 series of quarter brick, intermediate bus, DC/DC converter modules that addresses the growing power requirements of high-reliability networking and telecommunications infrastructure equipment. The need for power supply for communication equipment is also growing at a fast-pace due to the increasing adoption of broadband-enabled mobile devices, resulting in driving the global DC-DC converters s market.
On the basis of geography, Asia-Pacific is expected to witness the significant market growth during the forecast period, owing to increasing demand for electronics application such as laptops and cellphones, high investments in the development of new satellites for surveillance, communications, earth observation, and navigation in China and India. The telecom industry in APAC countries such as China, Japan, South Korea, and Singapore are focusing on upgrading their network infrastructure for boosting 5G infrastructure which will ultimately boost the demand for 5G-enabled devices, which will drive the market. These countries are major manufacturers of electronic devices such as laptops, cell phones, and integrated circuits, among others, which is expected to drive the demand for DC-DC converters.
Some of the key players in DC-DC Converters Market include Crane Aerospace and Electronics, Infineon Technologies AG, Murata Manufacturing Co., Ltd, Thales Group, TDK-Lambda Corporation, Airbus Group SE, Delta Electronics, Inc., Texas Instruments Incorporated., Fujitsu, Stmicroelectronics, Artesyn Embedded Technologies, General Electric (GE), Traco Electronics AG, BEL Fuse Inc., ABB Ltd, Mitsubishi Electric Corporation, Larsen & Toubro Limited, and Ericsson.
Report Coverage |
Details |
Published Year: |
2021 |
Estimated Market Size in 2020: |
USD 9.95 billion |
Estimated Period: |
2020 |
Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
17.1% |
Predicted 2028 Value: |
USD 35.19 billion |
Forecast Years: |
2021-2028 |
Tables, Graphs & Figures |
527 |
Chapters Covered: |
Output Voltage, Input Voltage, Converter Type, Output Number, Form Factor, Output Power, Sales Channel, Product Type, Mounting Style, Application, and End User |
Core Drivers and Opportunities: |
|
Restraining Factors & Market Threats: |
|
Output Voltages Covered:
• 24V and Above
• 15V
• 12V
• 5V
• 3.3V
Input Voltages Covered:
• >75V
• 36V-75V
• 15V-35V
• 3V-14V
Converter Types Covered:
• Buck-Boost Converter
• Boost Converter
• Buck Converter
Output Numbers Covered:
• Multi-Output
• Three Output
• Dual Output
• Single Output
Form Factors Covered:
• Sixteen Brick (1/16)
• Eighth Brick (1/8)
• Quarter Brick
• Half Brick (1/2)
• Full Brick
Output Power Covered:
• >1000W
• 500W-1000W
• 250W-500W
• 0.25W-250W
Sales Channels Covered:
• Indirect
• Direct
• Distributor
• Roundabout
• Immediate
Product Types Covered:
• Non-Isolated DC-DC Converters
• Isolated DC-DC Converters
• Non-Disconnected
• Detached
Mounting Styles Covered:
• Through Hole
• Surface Mount
Applications Covered:
• Electric Vehicle (EV) Battery Management Unit
• Railway Traction
• Medical Equipment
• Electronic Devices
• Server Personal Computers (PCs)
• Surveillance
• Scientific Research
• Navigation
• Remote Sensing
• Smartphone
End Users Covered:
• Medical
• Consumer Electronics
• Information technology (IT) & Telecommunication
• Automotive
• Server, Data Storage & Network
• Industrial Robotics
• Aerospace & Defense
• Transport
• Healthcare
• Railways
• Energy & Power
• Manufacturing
• Audio Visual
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global DC-DC Converters Market is majorly driven by growing adoption of environment-friendly electric vehicles, rising use of thick film hybrid DC-DC converters in space applications, growing requirement for reliable power supply units for use in out-patient care equipment, and growing number of data centers across the globe.
The sixteen brick (1/16) segment is growing at a highest CAGR owing to a surge in the mid-range IT & communications, process control, and automation power applications that are shifting from multiple-output power modules to fully regulated intermediate bus converters.
North America dominated with a significant market share due to increased disbursements of enterprises in research and development, the high investments by space agencies and private firms in the development of advanced satellites, and the presence of resources required for the implementation of DC-DC converters in the region.
Asia Pacific market is growing at a highest CAGR owing to increasing demand for electronics application such as laptops and cellphones, rapid urbanization, and high investments in the development of new satellites for surveillance, communications, earth observation, and navigation in China and India.
Key players in DC-DC Converters Market include Crane Aerospace and Electronics, Infineon Technologies AG, Murata Manufacturing Co., Ltd, Thales Group, TDK-Lambda Corporation, Airbus Group SE, Delta Electronics, Inc., Texas Instruments Incorporated., Fujitsu, Stmicroelectronics, Artesyn Embedded Technologies, General Electric (GE), Traco Electronics AG, BEL Fuse Inc., ABB Ltd, Mitsubishi Electric Corporation, Larsen & Toubro Limited, and Ericsson.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global DC-DC Converters Market, By Output Voltage
5.1 Introduction
5.2 24V and Above
5.3 15V
5.4 12V
5.5 5V
5.6 3.3V
6 Global DC-DC Converters Market, By Input Voltage
6.1 Introduction
6.2 >75V
6.3 36V-75V
6.4 15V-35V
6.5 3V-14V
7 Global DC-DC Converters Market, By Converter Type
7.1 Introduction
7.2 Buck-Boost Converter
7.3 Boost Converter
7.4 Buck Converter
8 Global DC-DC Converters Market, By Output Number
8.1 Introduction
8.2 Multi-Output
8.3 Three Output
8.4 Dual Output
8.5 Single Output
9 Global DC-DC Converters Market, By Form Factor
9.1 Introduction
9.2 Sixteen Brick (1/16)
9.3 Eighth Brick (1/8)
9.4 Quarter Brick
9.5 Half Brick (1/2)
9.6 Full Brick
10 Global DC-DC Converters Market, By Output Power
10.1 Introduction
10.2 >1000W
10.3 500W-1000W
10.4 250W-500W
10.5 0.25W-250W
11 Global DC-DC Converters Market, By Sales Channel
11.1 Introduction
11.2 Indirect
11.3 Direct
11.4 Distributor
11.5 Roundabout
11.6 Immediate
12 Global DC-DC Converters Market, By Product Type
12.1 Introduction
12.2 Non-Isolated DC-DC Converters
12.3 Isolated DC-DC Converters
12.4 Non-Disconnected
12.5 Detached
13 Global DC-DC Converters Market, By Mounting Style
13.1 Introduction
13.2 Through Hole
13.3 Surface Mount
14 Global DC-DC Converters Market, By Application
14.1 Introduction
14.2 Electric Vehicle (EV) Battery Management Unit
14.3 Railway Traction
14.4 Medical Equipment
14.5 Electronic Devices
14.6 Server Personal Computers (PCs)
14.7 Surveillance
14.8 Scientific Research
14.9 Navigation
14.10 Remote Sensing
14.11 Smartphone
15 Global DC-DC Converters Market, By End User
15.1 Introduction
15.2 Medical
15.3 Consumer Electronics
15.4 Information technology (IT) & Telecommunication
15.4.1 Base Stations
15.4.2 Towers
15.4.3 Cellular Phone
15.5 Automotive
15.5.1 Hybrid Electric Vehicle (HEV)
15.5.2 Plug-In Hybrid Electric Vehicle (PHEV)
15.5.3 Electric Vehicles (EVS)
15.5.4 Fuel Cell Vehicle (FCV)
15.6 Server, Data Storage & Network
15.7 Industrial Robotics
15.7.1 Chemical, Paper and Plastics
15.7.2 Metals
15.7.3 Automotive
15.7.4 Food & Beverages
15.7.5 Electronics & Electricals
15.8 Aerospace & Defense
15.8.1 Unmanned Aerial Vehicles (UAVs)
15.8.2 Aircraft
15.8.3 Satellites
15.9 Transport
15.10 Healthcare
15.11 Railways
15.12 Energy & Power
15.13 Manufacturing
15.14 Audio Visual
16 Global DC-DC Converters Market, By Geography
16.1 Introduction
16.2 North America
16.2.1 US
16.2.2 Canada
16.2.3 Mexico
16.3 Europe
16.3.1 Germany
16.3.2 UK
16.3.3 Italy
16.3.4 France
16.3.5 Spain
16.3.6 Rest of Europe
16.4 Asia Pacific
16.4.1 Japan
16.4.2 China
16.4.3 India
16.4.4 Australia
16.4.5 New Zealand
16.4.6 South Korea
16.4.7 Rest of Asia Pacific
16.5 South America
16.5.1 Argentina
16.5.2 Brazil
16.5.3 Chile
16.5.4 Rest of South America
16.6 Middle East & Africa
16.6.1 Saudi Arabia
16.6.2 UAE
16.6.3 Qatar
16.6.4 South Africa
16.6.5 Rest of Middle East & Africa
17 Key Developments
17.1 Agreements, Partnerships, Collaborations and Joint Ventures
17.2 Acquisitions & Mergers
17.3 New Product Launch
17.4 Expansions
17.5 Other Key Strategies
18 Company Profiling
18.1 Crane Aerospace and Electronics
18.2 Infineon Technologies AG
18.3 Murata Manufacturing Co., Ltd
18.4 Thales Group
18.5 TDK-Lambda Corporation
18.6 Airbus Group SE
18.7 Delta Electronics, Inc.
18.8 Texas Instruments Incorporated.
18.9 Fujitsu
18.10 Stmicroelectronics
18.11 Artesyn Embedded Technologies
18.12 General Electric (GE)
18.13 Traco Electronics AG
18.14 BEL Fuse Inc.
18.15 ABB Ltd
18.16 Mitsubishi Electric Corporation
18.17 Larsen & Toubro Limited
18.18 Ericsson
List of Tables
1 Global DC-DC Converters Market Outlook, By Region (2019-2028) ($MN)
2 Global DC-DC Converters Market Outlook, By Output Voltage (2019-2028) ($MN)
3 Global DC-DC Converters Market Outlook, By 24V and Above (2019-2028) ($MN)
4 Global DC-DC Converters Market Outlook, By 15V (2019-2028) ($MN)
5 Global DC-DC Converters Market Outlook, By 12V (2019-2028) ($MN)
6 Global DC-DC Converters Market Outlook, By 5V (2019-2028) ($MN)
7 Global DC-DC Converters Market Outlook, By 3.3V (2019-2028) ($MN)
8 Global DC-DC Converters Market Outlook, By Input Voltage (2019-2028) ($MN)
9 Global DC-DC Converters Market Outlook, By >75V (2019-2028) ($MN)
10 Global DC-DC Converters Market Outlook, By 36V-75V (2019-2028) ($MN)
11 Global DC-DC Converters Market Outlook, By 15V-35V (2019-2028) ($MN)
12 Global DC-DC Converters Market Outlook, By 3V-14V (2019-2028) ($MN)
13 Global DC-DC Converters Market Outlook, By Converter Type (2019-2028) ($MN)
14 Global DC-DC Converters Market Outlook, By Buck-Boost Converter (2019-2028) ($MN)
15 Global DC-DC Converters Market Outlook, By Boost Converter (2019-2028) ($MN)
16 Global DC-DC Converters Market Outlook, By Buck Converter (2019-2028) ($MN)
17 Global DC-DC Converters Market Outlook, By Output Number (2019-2028) ($MN)
18 Global DC-DC Converters Market Outlook, By Multi-Output (2019-2028) ($MN)
19 Global DC-DC Converters Market Outlook, By Three Output (2019-2028) ($MN)
20 Global DC-DC Converters Market Outlook, By Dual Output (2019-2028) ($MN)
21 Global DC-DC Converters Market Outlook, By Single Output (2019-2028) ($MN)
22 Global DC-DC Converters Market Outlook, By Form Factor (2019-2028) ($MN)
23 Global DC-DC Converters Market Outlook, By Sixteen Brick (1/16) (2019-2028) ($MN)
24 Global DC-DC Converters Market Outlook, By Eighth Brick (1/8) (2019-2028) ($MN)
25 Global DC-DC Converters Market Outlook, By Quarter Brick (2019-2028) ($MN)
26 Global DC-DC Converters Market Outlook, By Half Brick (1/2) (2019-2028) ($MN)
27 Global DC-DC Converters Market Outlook, By Full Brick (2019-2028) ($MN)
28 Global DC-DC Converters Market Outlook, By Output Power (2019-2028) ($MN)
29 Global DC-DC Converters Market Outlook, By >1000W (2019-2028) ($MN)
30 Global DC-DC Converters Market Outlook, By 500W-1000W (2019-2028) ($MN)
31 Global DC-DC Converters Market Outlook, By 250W-500W (2019-2028) ($MN)
32 Global DC-DC Converters Market Outlook, By 0.25W-250W (2019-2028) ($MN)
33 Global DC-DC Converters Market Outlook, By Sales Channel (2019-2028) ($MN)
34 Global DC-DC Converters Market Outlook, By Indirect (2019-2028) ($MN)
35 Global DC-DC Converters Market Outlook, By Direct (2019-2028) ($MN)
36 Global DC-DC Converters Market Outlook, By Distributor (2019-2028) ($MN)
37 Global DC-DC Converters Market Outlook, By Roundabout (2019-2028) ($MN)
38 Global DC-DC Converters Market Outlook, By Immediate (2019-2028) ($MN)
39 Global DC-DC Converters Market Outlook, By Product Type (2019-2028) ($MN)
40 Global DC-DC Converters Market Outlook, By Non-Isolated DC-DC Converters (2019-2028) ($MN)
41 Global DC-DC Converters Market Outlook, By Isolated DC-DC Converters (2019-2028) ($MN)
42 Global DC-DC Converters Market Outlook, By Non-Disconnected (2019-2028) ($MN)
43 Global DC-DC Converters Market Outlook, By Detached (2019-2028) ($MN)
44 Global DC-DC Converters Market Outlook, By Mounting Style (2019-2028) ($MN)
45 Global DC-DC Converters Market Outlook, By Through Hole (2019-2028) ($MN)
46 Global DC-DC Converters Market Outlook, By Surface Mount (2019-2028) ($MN)
47 Global DC-DC Converters Market Outlook, By Application (2019-2028) ($MN)
48 Global DC-DC Converters Market Outlook, By Electric Vehicle (EV) Battery Management Unit (2019-2028) ($MN)
49 Global DC-DC Converters Market Outlook, By Railway Traction (2019-2028) ($MN)
50 Global DC-DC Converters Market Outlook, By Medical Equipment (2019-2028) ($MN)
51 Global DC-DC Converters Market Outlook, By Electronic Devices (2019-2028) ($MN)
52 Global DC-DC Converters Market Outlook, By Server Personal Computers (PCs) (2019-2028) ($MN)
53 Global DC-DC Converters Market Outlook, By Surveillance (2019-2028) ($MN)
54 Global DC-DC Converters Market Outlook, By Scientific Research (2019-2028) ($MN)
55 Global DC-DC Converters Market Outlook, By Navigation (2019-2028) ($MN)
56 Global DC-DC Converters Market Outlook, By Remote Sensing (2019-2028) ($MN)
57 Global DC-DC Converters Market Outlook, By Smartphone (2019-2028) ($MN)
58 Global DC-DC Converters Market Outlook, By End User (2019-2028) ($MN)
59 Global DC-DC Converters Market Outlook, By Medical (2019-2028) ($MN)
60 Global DC-DC Converters Market Outlook, By Consumer Electronics (2019-2028) ($MN)
61 Global DC-DC Converters Market Outlook, By Information technology (IT) & Telecommunication (2019-2028) ($MN)
62 Global DC-DC Converters Market Outlook, By Base Stations (2019-2028) ($MN)
63 Global DC-DC Converters Market Outlook, By Towers (2019-2028) ($MN)
64 Global DC-DC Converters Market Outlook, By Cellular Phone (2019-2028) ($MN)
65 Global DC-DC Converters Market Outlook, By Automotive (2019-2028) ($MN)
66 Global DC-DC Converters Market Outlook, By Hybrid Electric Vehicle (HEV) (2019-2028) ($MN)
67 Global DC-DC Converters Market Outlook, By Plug-In Hybrid Electric Vehicle (PHEV) (2019-2028) ($MN)
68 Global DC-DC Converters Market Outlook, By Electric Vehicles (EVS) (2019-2028) ($MN)
69 Global DC-DC Converters Market Outlook, By Fuel Cell Vehicle (FCV) (2019-2028) ($MN)
70 Global DC-DC Converters Market Outlook, By Server, Data Storage & Network (2019-2028) ($MN)
71 Global DC-DC Converters Market Outlook, By Industrial Robotics (2019-2028) ($MN)
72 Global DC-DC Converters Market Outlook, By Chemical, Paper and Plastics (2019-2028) ($MN)
73 Global DC-DC Converters Market Outlook, By Metals (2019-2028) ($MN)
74 Global DC-DC Converters Market Outlook, By Automotive (2019-2028) ($MN)
75 Global DC-DC Converters Market Outlook, By Food & Beverages (2019-2028) ($MN)
76 Global DC-DC Converters Market Outlook, By Electronics & Electricals (2019-2028) ($MN)
77 Global DC-DC Converters Market Outlook, By Aerospace & Defense (2019-2028) ($MN)
78 Global DC-DC Converters Market Outlook, By Unmanned Aerial Vehicles (UAVs) (2019-2028) ($MN)
79 Global DC-DC Converters Market Outlook, By Aircraft (2019-2028) ($MN)
80 Global DC-DC Converters Market Outlook, By Satellites (2019-2028) ($MN)
81 Global DC-DC Converters Market Outlook, By Transport (2019-2028) ($MN)
82 Global DC-DC Converters Market Outlook, By Healthcare (2019-2028) ($MN)
83 Global DC-DC Converters Market Outlook, By Railways (2019-2028) ($MN)
84 Global DC-DC Converters Market Outlook, By Energy & Power (2019-2028) ($MN)
85 Global DC-DC Converters Market Outlook, By Manufacturing (2019-2028) ($MN)
86 Global DC-DC Converters Market Outlook, By Audio Visual (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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