Reports
Sale
Global DC-DC Converter Market Analysis, Share, Forecast: 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, Railways, Medical Equipment; Regional Analysis; Competitive Landscape; 2024-2032
Global DC-DC Converter Market Outlook
The global DC-DC converter market attained a value of nearly USD 13.48 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 10.5% to reach about USD 33.11 billion by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Rising Adoption of Electric Vehicles (EV) Augmenting the Market Growth for DC-DC Converter
Electric vehicles (EV) and hybrid electric vehicles, and plug-in electric vehicles are increasingly adopted instead of conventional vehicles that use petroleum. The introduction of various favourable initiatives to promote electric vehicles by governments around the world is also surging the use of electric vehicles. This, in turn, is aiding the market growth for DC-DC converter, which are used in electric power train to boost energy levels and maximise the efficiency of vehicles. Moreover, the converters can also enable the choice of voltage variation of a vehicle in order to control its power and prevent not only wear and tear but also vehicle breakdown. This is augmenting the market growth.
The development of efficient DC-DC converter for suitable power supply systems of electric vehicles is expected to aid the market growth. This is also increasing the use of bi-directional converter, which can move power in any direction and is used in regenerative braking. Moreover, increasing research and development (R&D) activities to create lightweight, highly efficient, and small volumed DC-DC converters with a low electromagnetic interface to increase the performance of the vehicle is further invigorating the growth of the DC-DC industry. The advent of thermally efficient and ultra-small DC-DC converters to reduce cost and size of the external circuit as well as decrease circuit footprints is providing further impetus to the market growth.
DC-DC Converter: Market Segmentation
The DC-DC converter is a device or a circuit that converts one direct current voltage to another. It is used to increase or decrease voltage to provide optimal voltage to the device. DC-DC converters enable the transformation of voltages efficiently, due to which they are extensively used in devices like smartphones and laptops.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on input voltage, the market is divided into:
- 5-36V
- 36-75V
- 75V and above
By output voltage, the industry is segmented into:
- 3.3V
- 5V
- 12V
- 15V and above
The major mounting styles of DC-DC converter are:
- Surface Mount
- Through Hole
The market can be broadly categorised on the basis of its applications into:
- Smartphone
- Servers PCs
- EV Battery
- Railways
- Medical Equipment
The EMR report looks into the regional markets of DC-DC converter like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Surging Use of DC-DC Converters in Smartphones to Bolster the Growth of the DC-DC Converter Industry
The increasing smartphone adoption and the rising demand for smartphones with the latest features are contributing significantly to the market growth. Moreover, the growing integration of technologies such as near-field communication (NFC) in smartphones and tablets requires DC-DC converters to boost the performance of devices by optimising the voltage level. This also provides a hassle-free and easy experience to the user, hence propelling the market growth for DC-DC converter. In addition, the rising use of LED lights and smart lights are also boosting the market growth. DC-DC converters are used in regulating the output of the light for its applications. As LED lights are swiftly replacing conventional lights, the demand for DC-DC converters is surging, therefore fuelling the market growth. Hence, various governments’ initiatives to use LED lights are expected to augment the industry growth.
As DC-DC converter provides protection from short circuits, it is increasingly used in various industrial and medical applications. Technological advancements and innovations are increasing the use of DC-DC converters in the medical industry. Moreover, with surging researches, the leading companies in the market are developing DC-DC converter to provide a reinforced safety isolation barriers such as patient contact and patient vicinity applications. The optimal voltage by the use of such converters ensures patient and operator safety. In addition, DC-DC converters can be efficiently used for various applications. This is anticipated to invigorate the growth of the DC-DC converter industry.
Key Industry Players in the Global DC-DC Converter Market
The report presents a detailed analysis of the following key players in the global DC-DC converter market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Texas Instruments Inc.
- Murata Manufacturing Co., Ltd.
- General Electric Company
- RECOM Power GmbH
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Input Voltage |
|
| Breakup by Output Voltage |
|
| Breakup by Mounting Style |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global DC-DC Converter Market Analysis
8.1 Key Industry Highlights
8.2 Global DC-DC Converter Historical Market (2018-2023)
8.3 Global DC-DC Converter Market Forecast (2024-2032)
8.4 Global DC-DC Converter Market by Input Voltage
8.4.1 5-36V
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 36-75V
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 75V and above
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global DC-DC Converter Market by Output Voltage
8.5.1 3.3V
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 5V
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 12V
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 15V and above
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.6 Global DC-DC Converter Market by Mounting Style
8.6.1 Surface Mount
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Through Hole
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global DC-DC Converter Market by Application
8.7.1 Smartphone
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Servers PCs
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 EV Battery
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Railways
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Medical Equipment
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
8.8 Global DC-DC Converter Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America DC-DC Converter Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe DC-DC Converter Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific DC-DC Converter Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America DC-DC Converter Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa DC- DC Converter Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Texas Instruments Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Murata Manufacturing Co., Ltd.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 General Electric Company
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 RECOM Power GmbH
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global DC-DC Converter Market: Key Industry Highlights, 2018 and 2032
2. Global DC-DC Converter Historical Market: Breakup by Input Voltage Type (USD Billion), 2018-2023
3. Global DC-DC Converter Market Forecast: Breakup by Input Voltage Type (USD Billion), 2024-2032
4. Global DC-DC Converter Historical Market: Breakup by Output Voltage Type (USD Billion), 2018-2023
5. Global DC-DC Converter Market Forecast: Breakup by Output Voltage Type (USD Billion), 2024-2032
6. Global DC-DC Converter Historical Market: Breakup by Mounting Style (USD Billion), 2018-2023
7. Global DC-DC Converter Market Forecast: Breakup by Mounting Style (USD Billion), 2024-2032
8. Global DC-DC Converter Historical Market: Breakup by Application (USD Billion), 2018-2023
9. Global DC-DC Converter Market Forecast: Breakup by Application (USD Billion), 2024-2032
10. Global DC-DC Converter Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global DC-DC Converter Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America DC-DC Converter Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America DC-DC Converter Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe DC-DC Converter Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe DC-DC Converter Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific DC-DC Converter Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific DC-DC Converter Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America DC-DC Converter Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America DC-DC Converter Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa DC-DC Converter Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa DC-DC Converter Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global DC-DC Converter Market Structure
Key Questions Answered in the Report
In 2023, the global DC-DC converter market attained a value of nearly USD 13.48 billion.
The market is projected to grow at a CAGR of 10.5% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 33.11 billion by 2032.
The major drivers of the market include the increasing adoption of environment-friendly electric vehicles, along with the advancement in technology.
The key trends guiding the market include the increasing use of DC-DC converters in electric aircraft, the growing incorporation of new power-saving modes in DC-DC converters, and the rising use of thick film DC-DC converters in space applications.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
5-36V, 36-75V, and 75V and above are the different input voltages based on which the market is segmented.
3.3V, 5V, 12V, and 15V and above are the various output voltages considered in the market report.
The major mounting styles of DC-DC converter considered in the market report include surface mount and through hole.
Smartphone, servers PCs, EV battery, railways, and medical equipment are the significant applications of DC-DC converter in the market.
The major players in the market are Texas Instruments Inc., Murata Manufacturing Co., Ltd., General Electric Company, and RECOM Power GmbH, among others.
Analyst Review
The global DC-DC converter market attained a value of nearly USD 13.48 billion in 2023, driven by the growing demand for minimising healthcare cost while increasing the operational productivity of healthcare organisations. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 10.5% to reach about USD 33.11 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its input voltage, the DC-DC converter industry can be segmented into 5-36V, 36-75V, 75V and above. Based on its output power, the DC-DC converter industry can be segmented into 3.3V, 5V, 12V, 15V, and above. The mounting styles include surface mount and through hole. On the basis of applications, the market is divided into smartphone, servers PCs, EV battery, railways, and medical equipment. The major regional markets for DC-DC converter are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Texas Instruments Inc., Murata Manufacturing Co., Ltd., General Electric Company, and RECOM Power GmbH, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER