Press release
By the end of 2026, the DC-DC Converter Market is Anticipated to grow at a CAGR of 5.6%
DC-DC Converter Market
It is anticipated that the need for DC-DC converters would rise proportionally as more modern technologies are launched and utilised. As a result, it is anticipated that the market for DC-DC converters would expand at a high single-digit rate throughout the course of the projection period.
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Throughout the projected period, the market for DC-DC converters is anticipated to expand at a CAGR of 5.6%. The market for DC-DC converters was estimated to be worth US$ 3,349.6 Mn in 2017 and is anticipated to rise quickly to US$ 5,448.3 Mn by 2026. The input voltage, output power, industry, geographies, and product type are used to categorise the DC-DC converter market.
According to the type of streaming, the end user, the type of content, and the geography, PMR has segmented the global DC-DC converter market in this study. Isolated and non-isolated DC-DC converters make up the two sub-segments of the DC-DC converter market based on product type. During the forecast period, the non-isolated segment is anticipated to display a higher CAGR. But throughout the forecast period, the isolated DC-DC converter segment is anticipated to rule the market. Additionally, this market is anticipated to have an increase in opportunity of US$ 974.3 Mn between 2018 and 2026.
The DC-DC converter market is divided into four sub-segments based on input voltage: 3V-14V, 15V-35V, 36V-75V, and >75V. Throughout the forecast period, the 3V-14V segment is anticipated to rule the global DC-DC converter market and develop at a very moderate rate. As a result, in terms of additional $ opportunity, the 3V-14V segment is anticipated to be the most alluring segment during the projected period.
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Consumer electronics, automotive, healthcare, IT & communications, aerospace & military, railways, energy & power, and others are the different industry sub-segments of the DC-DC converter market. This area is anticipated to display a noticeably higher CAGR due to the growing usage of IoT throughout the IT & telecommunications industry. Additionally, the worldwide DC-DC converter market is anticipated to experience a very moderate CAGR in the automotive and railroad categories.
Additionally, the DC-DC converter market is divided into a number of geographically distinct areas, including North America, Latin America, Europe, China, Japan, SEA & Other of APAC, and the Middle East & Africa. Due to the high adoption and demand for DC-DC converters from nearly all major industry verticals as well as the presence of the resources required for the implementation of DC-DC converters in the region, the North American DC-DC converter market is anticipated to dominate the global DC-DC converter market.
Global DC-DC converter market :Marketing
Consumer electronics, automotive, healthcare, IT & telecommunication, aerospace & military, railways, energy & electricity, and others are the many industry segments under which the DC-DC converter market is divided. The IT & telecommunications industry's growing IoT usage will cause the corresponding segment's CAGR to dramatically increase. Additionally, the worldwide DC-DC converter market is anticipated to experience a very moderate CAGR in the automotive and railroad categories. It is advised for investors to place their money in the IT & telecommunications and automotive categories during the projected period since they are anticipated to be substantially more appealing segments in terms of incremental opportunity.
The DC-DC converter market is divided into a number of geographically distinct areas, including North America, Latin America, Europe, China, Japan, SEA & Other of APAC, and the Middle East & Africa. Due to the high adoption and demand for DC-DC converters from nearly all major industry verticals as well as the presence of resources needed for the implementation of DC-DC converters in the region, the North American DC-DC converter market is anticipated to dominate the global DC-DC converter market. In 2017, Asia Pacific, China, and Japan collectively represented 38% of the market for DC-DC converters. Additionally, due to an untapped market and high demand, the DC-DC converter industry has significant potential in China, Southeast Asia, and the Pacific.
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DC-DC Converter Market Key Segments
Key Segments
By Product Type -
Isolated DC-DC Converters
Nonisolated DC-DC Converters
By Input Voltage -
3V-14V
15V-35V
36V-75V
>75V
By Output Power -
0.25W-250W
250W-500W
500W-1000W
>1000W
By Industry -
Consumer Electronics
Healthcare
Automotive
IT & Telecommunication
Aerospace & Defense
Railways
Energy & Power
Others
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Expert analysis, actionable insights, and strategic recommendations - the Electronics, Semiconductor, and ICT team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which, 100+ reports are specific for ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductor, and ICT industry.
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