DC-DC Converters Market
The DC-DC Converters Market is estimated to grow at a robust CAGR over the forecast period (2020-2027).
The factors driving the DC-DC Converters Market includes increasing application of DC-AC Converters in consumer electronic items such as computers, smartphones, and laptops, rise in the number of data centers around the world and growing energy consumption. The Data Center Market in India is projected to reach USD 7.46 billion by the end of 2022, expanding at a CAGR of 4.42% over the forecast period (2022-2027), which will boost the DC-DC converter Market size in the approaching years. Moreover, growing demand for electric vehicles, expansion of the power sector, rise in the operations related to Unmanned Ariel Vehicles in the Aerospace Industry, commercialization of 5G technology, growing adoption of advance technologies such as Artificial Intelligence (AI) and Internet of Things (IoT), are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading players on research and development, rise in the deployment of small satellites worldwide, rapid urbanization and growing disposable incomes, are further contributing towards the market growth.
However, the growth of DC-DC Converters Market is hindered due to high frequency noise linked with the power convertors.
The major players operating in the market are Murata Manufacturing Co. Ltd, Wall Industries Inc, Delta Electronics Inc., Infineon Technologies AG, Vicor Corporation, General Electric Company, Ericsson Inc and Texas Instruments Inc, among others.
Form Factor: Segment Analysis
Based on Form Factor, the Sixteen Brick segment is predicted to expand at a remarkable CAGR during the forecast period. The growing emphasis on enhancing the power density and size of bricks and the shift from outpower power module to fully regulated intermediate bus converters in the IT & Communication sector, are some of the factors responsible for the segment’s growth.
Output Voltage: Segment Analysis
Based on Output Voltage, the 5V segment is expected to grow at a significant CAGR over the forecast period attributed to growing demand for small Unmanned Ariel Vehicles, aircraft, and electric vehicles around the world.
Regional: Segment Analysis
Based on Region, the Asia-Pacific region is anticipated to capture a sizeable market share during the forecast period. Rapid growth in the Telecom Industry in India, China, and South Korea, growing focus on improving the network infrastructure of 5G Technology, rising penetration of smartphone and laptops, increase in disposable incomes and high population growth rates, are some of the important factors augmenting the market growth in Asia-Pacific region.
Market Segmentation
DC-DC Converters Market by Form Factor
- Quarter Brick
- Eighth Brick
- Half Brick
- Full Brick
- Sixteen Brick
DC-DC Converters Market by Output Power
- <20W
- 20-40W
- 40-100W
- >100W
DC-DC Converters Market by Output Voltage
- 3V
- 5V
- 12V
- 15V
- 24 and Above
DC-DC Converters Market by Input Voltage
- <40V
- 40-70V
- >70V
DC-DC Converters Market by Output Number
- Single Output
- Dual Output
- Three output
- Multi-Output
DC-DC Converters Market by Industry
- Telecommunication
- Server, Storage & Network
- Automotive
- Industrial Robotics
- Aerospace & Defense
- Medical
- Consumer
- Audio Visual
DC-DC Converters Market by Region
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
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