Automotive DC-DC Converter Market 2020 Precise Outlook- Hella GmbH & Co. KGaA and Robert Bosch GmbH

Global Automotive DC-DC Converter Market - Growth, Trends, And Forecast (2020 - 2025)

The global automotive DC-DC converter market is expected to grow at a CAGR of over 10% during the forecast period 2020-2025. This report provides along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities, and challenges in the Automotive DC-DC Converter market. This research report offers an in-depth analysis of the market size (revenue), market share, major market segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities, and challenges.

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Key manufacturers are included based on the company profile, sales data, and product specifications, etc.: Hella GmbH & Co. KGaA and Robert Bosch GmbH.

The growth of the market is fueled by the demand for electronic systems, such as infotainment and enhanced safety through the integration of ADAS in modern automobiles. The increasing adoption of electric vehicles, both battery-powered and hybrid, has enhanced the demand for DC-DC converters as a DC-DC converter is vital for converting a 24V or 48V power supply into a 12V power supply to ensure safe and reliable operation of onboard electronic systems. The growth of the market may be limited by factors such as fluctuations in global automotive production, resulting in an oversupply condition that could hamper the financial position of the market players.

- Market players are trying to integrate the DC converter and inverter units as a single unit.
- The market is highly R&D-intensive and focused on the integration of DC-DC converters in larger vehicles. This has encouraged manufacturers of DC-DC converters to launch new product offerings to facilitate integration into commercial vehicles.
- APAC is anticipated to dominate the market, owing to the higher automotive production rate and annual sales in the region, particularly China.

R&D Efforts to Integrate DC-DC Converters into Commercial Vehicles

The global adoption of stringent emission norms is driving the automotive OEMs to integrate advanced technologies in their vehicle offerings to enhance their fuel efficiency. This has resulted in the development of electric drivetrain for medium & heavy commercial vehicles (M&HCVs). The electric drivetrain mandates the integration of a DC-DC converter to ensure higher efficiency.

The increase in sales of commercial vehicles has driven component manufacturers to upgrade their product offerings. On this note, recently, Prodrive launched a 48V to 12V DC-DC converter that is compliant to the ISO/DIS 21780 standard for 48V automotive systems. The converter can be configured to suit automotive networks including CAN and FlexRay and is available in multiple power options ranging from 400W to 2.2kW. Similarly, in October 2016, Ricoh Europe (Netherlands) B.V. introduced the R1273L synchronous buck DC/DC converter, that can function efficiently over a wide input voltage range up to 34V to deliver a maximum output of 14A.

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Further in the Automotive DC-DC Converter Market research reports, the following points are included along with an in-depth study of each point:

Production Analysis: Production of Automotive DC-DC Converter is analyzed with respect to different regions, types, and applications. Here, price analysis of various Automotive DC-DC Converter Market key players is also covered.

Supply and Consumption: In continuation of sales, this section studies supply, and consumption for the Automotive DC-DC Converter Market. This part also sheds light on the gap between supply and consumption.

Key Strategic Developments: The study also includes the key strategic developments of the Automotive DC-DC Converter market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, Global and regional growth of the leading competitors operating in the market on a Global and regional scale.

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This release was published on openPR.