Press release
DC-DC Converter Market Growth Opportunity | General Electric, Ericsson, Texas Instruments, Murata Manufacturing Co. Ltd, and Delta Electronics Inc. among others
The global DC-DC Converter market size was valued at $8.57 Billion in 2020 and is expected to reach $20.66 Billion by 2028 growing at the CAGR of %11.27 from 2021 to 2028.The voltage converter market will be driven by the rising demand for power throughout major and growing countries. Countries are not being able to fulfill the rising demand for energy as a result of which there are projects rising in the alternate energy sector that helps supply more energy at a faster rate due to increasing demands which easily makes it one of the most crucial markets in years following the increased need for a stable, safe, reliable form of alternate forms of energy.
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Key Players
Some of the major DC-DC Converter players holding a high market share include General Electric, Ericsson, and Texas Instruments. These players use partnership and expansion as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
● General Electric
● Ericsson
● Texas Instruments
● Murata Manufacturing Co. Ltd
● Delta Electronics Inc.
● Vicor Corporation
● TDK-Lambda Corporation
● STMicroelectronics
● Infineon Technologies AG
● Wall Industries
The recently published research report on Global DC-DC Converter Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the DC-DC Converter market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.
The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.
In terms of COVID 19 impact, the DC-DC Converter market report also includes the following data points:
● COVID19 Impact on DC-DC Converter market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in DC-DC Converter market
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Segmental Analysis
Market Segment By Form Factor with focus on market share, consumption trend, and growth rate of DC-DC Converter Market:
o Quarter Brick
o Eighth Brick
o Half Brick
o Full Brick
Market Segment By Output number with a focus on market share, consumption trend, and growth rate of DC-DC Converter Market:
o Single Output
o Dual Output
o Three output
o Multi-Output
Market Segment By Output Voltage with focus on market share, consumption trend, and growth rate of DC-DC Converter Market:
o 3V
o 5V
o 12V
o 15V
o 24 and Above
Market Segment By Verticals with focus on market share, consumption trend, and growth rate of DC-DC Converter Market:
o Telecommunication
o Server
o Storage & Network
o Industrial Robotics
o Aerospace & Defense
o Medical
o Consumer
o Automotive
For more information: https://evolvebi.com/product/dc-dc-converter-market-analysis-2021-2028/
Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)
Asia Pacific is projected to lead the global DC-DC converter market through the forecast period. Various factors are responsible for the Asia Pacific growing as a dominant region for this market, including technologically advanced products. Technologically advanced components are on the rise in this region due to the rapidly expanding manufacturing, aerospace and defense industries. Players are focusing on research and development to cater to increased demand for both power converter systems and power modules in the region.
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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