Global DC-DC Converter Market
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Global DC-DC Converter Market was valued US$ XX Bn in 2018 and is expected to reach XX Bn by 2026, at a CAGR of 18.50 % during a forecast period.
A DC-DC converter is an electromechanical device, which deviations direct current (DC) source from one voltage level to another.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Growing adoption of IoT across the globe, rising incorporation of power conversion components in electronic devices, and the rapid expansion of the infrastructures like smart grids, energy storage systems, & electric automobiles are some of the prominent factors behind the growth of the dc-dc converter market. An increase in the number of satellite constellations across the globe is expected to boost the global DC-DC converter market growth. Additionally, the development of digital power management and control coupled with new power architecture also affects the DC-DC converter market.
The Non-Isolated DC-DC converters are expected to share significant growth in the dc-dc converter market. This type of DC-DC converters has certain advantages over the isolated DC-DC converters. They offer benefits at low cast and can be used for negative ground DC applications in vehicles, Non-isolated DC-DC converters deliver comparatively less blockage for noise. Application area of the non-isolated dc-dc converters contains point-of-load modules, cellphones, CPU and memory power supplies.
The 5V segment is estimated to hold a dominant position in the global dc-dc converter market owing to the increasing demand for electric vehicles, small UAVs, medical equipment, and consumer electronics, among others. These verticals are powered with 48V or less input voltage, which is typically required to step down to a lower intermediate bus voltage, precisely to either 12V, 5V, or even lower, to power the boards support within the system.
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Last Update : Sep 14, 2020
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