Press release
DC-DC Converter Market Size to Surge US$ 20.8 Billion by 2032 | CAGR OF 6.7%
IMARC Group's report titled "๐๐-๐๐ ๐๐จ๐ง๐ฏ๐๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฒ ๐๐จ๐ฎ๐ง๐ญ๐ข๐ง๐ ๐๐ญ๐ฒ๐ฅ๐ (๐๐ฎ๐ซ๐๐๐๐ ๐๐จ๐ฎ๐ง๐ญ, ๐๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐๐จ๐ฅ๐), ๐๐ง๐ฉ๐ฎ๐ญ ๐๐จ๐ฅ๐ญ๐๐ ๐ (๐-๐๐๐, ๐๐-๐๐๐, ๐๐๐ ๐๐ง๐ ๐๐๐จ๐ฏ๐), ๐๐ฎ๐ญ๐ฉ๐ฎ๐ญ ๐๐จ๐ฅ๐ญ๐๐ ๐ (๐.๐๐, ๐๐, ๐๐๐, ๐๐๐ ๐๐ง๐ ๐๐๐จ๐ฏ๐), ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง (๐๐ฆ๐๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐, ๐๐๐ซ๐ฏ๐๐ซ๐ฌ ๐๐๐ฌ, ๐๐ ๐๐๐ญ๐ญ๐๐ซ๐ฒ, ๐๐๐ข๐ฅ๐ฐ๐๐ฒ, ๐๐ง๐ ๐๐ญ๐ก๐๐ซ๐ฌ), ๐๐ง๐ ๐๐๐ ๐ข๐จ๐ง ๐๐๐๐-๐๐๐๐". The global DC-DC converter market size reached US$ย 11.5ย Billion inย 2023. Looking forward, IMARC Group expects the market to reach US$ย 20.8ย Billion byย 2032, exhibiting a growth rate (CAGR) ofย 6.7% duringย 2024-2032.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.imarcgroup.com/dc-dc-converter-market/requestsample
๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐๐๐๐๐ญ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐-๐๐ ๐๐จ๐ง๐ฏ๐๐ซ๐ญ๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
โ ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ง๐๐ซ๐ ๐ฒ-๐๐๐๐ข๐๐ข๐๐ง๐ญ ๐๐จ๐ฐ๐๐ซ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
The rising emphasis on energy efficiency across various sectors represents one of the key factors impelling the market growth. DC-DC converters are crucial in maximizing efficiency in power management systems by converting voltages from one level to another with minimal energy loss. This feature is particularly vital in battery-operated devices, renewable energy systems, and electric vehicles (EVs), where optimizing energy usage extends the operational life of the device and reduces environmental impact. Moreover, with the rise of Internet of Things (IoT) devices and smart technology, the need for efficient, compact power solutions that can operate in diverse environments is supporting the market growth. Manufacturers are continually innovating in this space, leading to the development of advanced DC-DC converters that offer higher efficiency, smaller sizes, and better thermal performance.
โ ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฅ๐๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
ย The increasing need for DC-DC converters in the telecommunications industry is propelling the market growth. DC-DC converters are essential components in powering various telecommunication equipment, such as base stations, routers, and switches, ensuring reliable and efficient operation. The rising deployment of 5G networks, which requires more complex and power-efficient network infrastructures is driving the demand for DC-DC converters in managing power distribution and ensuring consistent performance. Additionally, the growing shift towards miniaturization of telecom equipment demands more compact and efficient power conversion solutions, thereby driving the demand for advanced DC-DC converters.
โ ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐จ๐ฉ๐ฎ๐ฅ๐๐ซ๐ข๐ญ๐ฒ ๐จ๐ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐๐ฌ (๐๐๐ฌ):
The increasing emergence of EVs that rely heavily on efficient power management systems to maximize the range and performance of the vehicle is bolstering the market growth. DC-DC converters in EVs are responsible for managing the power flow between different voltage levels in the vehicle, including converting the high-voltage battery power to lower voltages required for the electronics and charging systems of the vehicles. In addition, the governing bodies around the world are implementing stricter emission regulations and incentives for EV adoption, encouraging automotive manufacturers to investment in EV technology, thereby driving the demand for high-performance DC-DC converters. Moreover, the evolution of EV technology, such as the development of fast-charging infrastructure and advanced battery systems, places additional emphasis on the need for efficient and reliable power conversion solutions in this sector.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐-๐๐ ๐๐จ๐ง๐ฏ๐๐ซ๐ญ๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
โ ABB Ltd
โ Bel Fuse Inc.
โ Delta Electronics Inc.
โ Fujitsu Limited
โ General Electric Company
โ Infineon Technologies AG
โ Meggitt plc
โ Murata Manufacturing Co. Ltd.
โ RECOM Power GmbH
โ STMicroelectronics
โ TDK Corporation
โ Vicor Corporation
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐ญ๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ: https://www.imarcgroup.com/dc-dc-converter-market
๐๐-๐๐ ๐๐จ๐ง๐ฏ๐๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐จ๐ฎ๐ง๐ญ๐ข๐ง๐ ๐๐ญ๐ฒ๐ฅ๐:
โ Surface Mount
โ Through Hole
Through hole mounting exhibits a clear dominance in the market due to its reliability and ease of use in a wide range of electronic applications.
๐๐ฒ ๐๐ง๐ฉ๐ฎ๐ญ ๐๐จ๐ฅ๐ญ๐๐ ๐:
โ 5-36V
โ 36-75V
โ 75V and Above
5-36V range holds the biggest market share as it aligns with the common voltage requirements of many commercial and industrial electronic devices.
๐๐ฒ ๐๐ฎ๐ญ๐ฉ๐ฎ๐ญ ๐๐จ๐ฅ๐ญ๐๐ ๐:
โ 3.3V
โ 5V
โ 12V
โ 15V and Above
5V accounts for the majority of the market share due to it being a standard voltage for a multitude of electronic devices and systems.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
โ Smartphone
โ Servers PCs
โ EV Battery
โ Railway
โ Others
Smartphone holds the largest share in the market, attributed to the increasing use of these converters in mobile devices to manage power efficiency and battery life.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โ North America (United States, Canada)
โ Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ Latin America (Brazil, Mexico, Others)
โ Middle East and Africa
Asia-Pacific dominates the market, due to the growing significance of electronics manufacturing base and the presence of major technology companies.
๐๐ฅ๐จ๐๐๐ฅ ๐๐-๐๐ ๐๐จ๐ง๐ฏ๐๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The growing shift towards miniaturization of electrical components is driving the need for DC-DC converters that can fit into compact spaces without sacrificing performance. This trend is particularly evident in consumer electronics, telecommunications, and medical devices, where space is at a premium. Manufacturers are innovating to create converters that are not only smaller but also more efficient and capable of handling higher power loads without overheating. This miniaturization also involves advancements in semiconductor technology, using materials like gallium nitride (GaN) and silicon carbide (SiC), which offer improved performance in smaller packages.
๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:
๐๐ ๐๐ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/3d-ic-market
๐๐๐๐จ๐ฆ๐๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/pedometer-market
๐๐จ๐ฅ๐จ๐ฎ๐ซ ๐๐๐ญ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ง๐ฌ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/colour-detection-sensor-market
๐๐จ๐๐ฎ๐ฆ๐๐ง๐ญ ๐๐๐ฆ๐๐ซ๐ ๐๐จ๐ซ ๐๐ฆ๐๐ซ๐ญ ๐๐ฅ๐๐ฌ๐ฌ๐ซ๐จ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/document-camera-for-smart-classroom-market
๐๐ข๐ฅ๐ง ๐๐ก๐๐ฅ๐ฅ ๐๐๐๐ง๐ง๐๐ซ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/kiln-shell-scanner-market
๐ ๐ข๐ซ๐๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐๐ซ๐จ๐ง๐ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/firefighting-drone-market
๐๐ข๐ ๐๐ซ๐ข๐ง๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/jig-grinder-market
๐ ๐จ๐ฅ๐๐ข๐ง๐ ๐๐๐ฒ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/folding-keyboard-market
๐๐จ๐ญ๐: ๐๐ ๐ฒ๐จ๐ฎ ๐ง๐๐๐ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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