Press release
Through the end of 2026, the DC-DC Converter Market is Predicted to grow at a CAGR of 5.6%
DC-DC Converter Market
A research named "DC-DC Converter Market - Global Industry Analysis 2013-2017 and Market Forecast 2018-2026" was just released by Persistence Market Research. (PMR). The development of smart grids, the demand for higher power densities, the demand for energy storage technologies, and the acceptance of electric vehicles over the past three years have all contributed to an increase in the use of DC-DC converters.
It is anticipated that demand for DC-DC converters would rise as more cutting-edge technology are released and used. As a result, it is anticipated that the market for DC-DC converters would expand at a high single-digit rate during the course of the projected 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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