openPR Logo
Press release

DC-DC Converter Market Size to Surge US$ 20.8 Billion by 2032 | CAGR OF 6.7%

02-02-2024 09:25 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

DC-DC Converter Market Size to Surge US$ 20.8 Billion by 2032 |

IMARC Group's report titled "๐ƒ๐‚-๐ƒ๐‚ ๐‚๐จ๐ง๐ฏ๐ž๐ซ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐Œ๐จ๐ฎ๐ง๐ญ๐ข๐ง๐  ๐’๐ญ๐ฒ๐ฅ๐ž (๐’๐ฎ๐ซ๐Ÿ๐š๐œ๐ž ๐Œ๐จ๐ฎ๐ง๐ญ, ๐“๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐‡๐จ๐ฅ๐ž), ๐ˆ๐ง๐ฉ๐ฎ๐ญ ๐•๐จ๐ฅ๐ญ๐š๐ ๐ž (๐Ÿ“-๐Ÿ‘๐Ÿ”๐•, ๐Ÿ‘๐Ÿ”-๐Ÿ•๐Ÿ“๐•, ๐Ÿ•๐Ÿ“๐• ๐š๐ง๐ ๐€๐›๐จ๐ฏ๐ž), ๐Ž๐ฎ๐ญ๐ฉ๐ฎ๐ญ ๐•๐จ๐ฅ๐ญ๐š๐ ๐ž (๐Ÿ‘.๐Ÿ‘๐•, ๐Ÿ“๐•, ๐Ÿ๐Ÿ๐•, ๐Ÿ๐Ÿ“๐• ๐š๐ง๐ ๐€๐›๐จ๐ฏ๐ž), ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง (๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž, ๐’๐ž๐ซ๐ฏ๐ž๐ซ๐ฌ ๐๐‚๐ฌ, ๐„๐• ๐๐š๐ญ๐ญ๐ž๐ซ๐ฒ, ๐‘๐š๐ข๐ฅ๐ฐ๐š๐ฒ, ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ". 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.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐Ÿ๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.imarcgroup.com/dc-dc-converter-market/requestsample

๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐€๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ƒ๐‚-๐ƒ๐‚ ๐‚๐จ๐ง๐ฏ๐ž๐ซ๐ญ๐ž๐ซ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

โ— ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ข๐ง๐  ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐„๐ง๐ž๐ซ๐ ๐ฒ-๐„๐Ÿ๐Ÿ๐ข๐œ๐ข๐ž๐ง๐ญ ๐๐จ๐ฐ๐ž๐ซ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:

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— ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ข๐ง ๐ญ๐ก๐ž ๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

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— ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐๐จ๐ฉ๐ฎ๐ฅ๐š๐ซ๐ข๐ญ๐ฒ ๐จ๐Ÿ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ (๐„๐•๐ฌ):

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.

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ƒ๐‚-๐ƒ๐‚ ๐‚๐จ๐ง๐ฏ๐ž๐ซ๐ญ๐ž๐ซ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

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

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐ญ๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ: https://www.imarcgroup.com/dc-dc-converter-market

๐ƒ๐‚-๐ƒ๐‚ ๐‚๐จ๐ง๐ฏ๐ž๐ซ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐Œ๐จ๐ฎ๐ง๐ญ๐ข๐ง๐  ๐’๐ญ๐ฒ๐ฅ๐ž:

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.

๐๐ฒ ๐ˆ๐ง๐ฉ๐ฎ๐ญ ๐•๐จ๐ฅ๐ญ๐š๐ ๐ž:

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.

๐๐ฒ ๐Ž๐ฎ๐ญ๐ฉ๐ฎ๐ญ ๐•๐จ๐ฅ๐ญ๐š๐ ๐ž:

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.

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง:

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.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

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.

๐†๐ฅ๐จ๐›๐š๐ฅ ๐ƒ๐‚-๐ƒ๐‚ ๐‚๐จ๐ง๐ฏ๐ž๐ซ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

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.

๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ:

๐Ÿ‘๐ƒ ๐ˆ๐‚ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/3d-ic-market

๐๐ž๐๐จ๐ฆ๐ž๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/pedometer-market

๐‚๐จ๐ฅ๐จ๐ฎ๐ซ ๐ƒ๐ž๐ญ๐ž๐œ๐ญ๐ข๐จ๐ง ๐’๐ž๐ง๐ฌ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/colour-detection-sensor-market

๐ƒ๐จ๐œ๐ฎ๐ฆ๐ž๐ง๐ญ ๐‚๐š๐ฆ๐ž๐ซ๐š ๐Ÿ๐จ๐ซ ๐’๐ฆ๐š๐ซ๐ญ ๐‚๐ฅ๐š๐ฌ๐ฌ๐ซ๐จ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/document-camera-for-smart-classroom-market

๐Š๐ข๐ฅ๐ง ๐’๐ก๐ž๐ฅ๐ฅ ๐’๐œ๐š๐ง๐ง๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/kiln-shell-scanner-market

๐…๐ข๐ซ๐ž๐Ÿ๐ข๐ ๐ก๐ญ๐ข๐ง๐  ๐ƒ๐ซ๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/firefighting-drone-market

๐‰๐ข๐  ๐†๐ซ๐ข๐ง๐๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/jig-grinder-market

๐…๐จ๐ฅ๐๐ข๐ง๐  ๐Š๐ž๐ฒ๐›๐จ๐š๐ซ๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/folding-keyboard-market

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐’:

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

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release DC-DC Converter Market Size to Surge US$ 20.8 Billion by 2032 | CAGR OF 6.7% here

News-ID: 3370317 • Views: โ€ฆ

More Releases from IMARC Group

Flexible Printed Circuits Manufacturing Plant Cost 2025: Industry Trends, Unit Setup, and Machinery
Flexible Printed Circuits Manufacturing Plant Cost 2025: Industry Trends, Unit S โ€ฆ
Setting up a flexible printed circuits manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Flexible Printed Circuits Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing aโ€ฆ
Needle Manufacturing Plant 2025: Project Report, Business Plan, Raw Materials, and Cost Analysis
Needle Manufacturing Plant 2025: Project Report, Business Plan, Raw Materials, a โ€ฆ
Setting up a needle manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Needle Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a needle manufacturing plant, coveringโ€ฆ
Edible Oil Manufacturing Plant Setup Cost 2025: CapEx/OpEx Analysis with Profitability Forecasts
Edible Oil Manufacturing Plant Setup Cost 2025: CapEx/OpEx Analysis with Profita โ€ฆ
Setting up an edible oil manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Edible Oil Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing an edible oilโ€ฆ
Copper Alloys Manufacturing Plant Setup Cost 2025: Layout, Machinery, Raw Materials, and Financial Outlook
Copper Alloys Manufacturing Plant Setup Cost 2025: Layout, Machinery, Raw Materi โ€ฆ
Setting up a copper alloys manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Copper Alloys Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a copper alloysโ€ฆ

All 5 Releases


More Releases for United

AI Image Recognition Market Will Hit Big Revenues In Future | Google (United Sta โ€ฆ
According to HTF Market Intelligence, the Global AI Image Recognition market to witness a CAGR of 13.42% during the forecast period (2024-2030). The Latest Released AI Image Recognition Market Research assesses the future growth potential of the AI Image Recognition market and provides information and useful statistics on market structure and size. This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identifyโ€ฆ
Movable Walls Market By Top Key Players- Hufcor (United States), Dormakaba (Swit โ€ฆ
Global Movable Walls Market Report from Advance Market Analytics (AMA) covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market. The market characteristics section of the report defines and explains the market. The market size section gives the electronic equipment market revenues, covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the externalโ€ฆ
Military Personal Protective Equipment Market 2024 | 3M Ceradyne (United States) โ€ฆ
Military personal protective equipment has become a crucial and standard element of soldier equipment. One of the major factor driving the market is the increasing role of ground troops in different parts of the world such as Iraq, Afghanistan and India among others. The demand for military personal protective equipment is anticipated to be driven by modernization initiatives undertaken by several large defense spenders globally and various internal security threats,โ€ฆ
Internet of Things Market 2021 | Google Inc. (United States), Cisco Systems Inc. โ€ฆ
The Internet of Things refers to the network of physical objects that attribute an IP address for Internet connectivity. Internet of Things is defined as an invisible and intelligent network of things that communicate indirectly or directly with each other. Internets of Things enable communication between the physical objects and other internet-enabled systems and devices. In addition, Internet of Things also makes the life of consumers much more comfortable andโ€ฆ
Logistics Market | Global Growing Industry Key Players - J.B. Hunt Transport Ser โ€ฆ
Market Research Reports Search Engine (MRRSE) has recently updated its massive research catalog by adding a new study, titled โ€œLogistics Marketโ€. The study offers a clear insight about the prevailing trends and innovations happening in the Logistics Market. Readers can further access details about research highlights and executive summary to gain a better idea about this assessment. The market overview covers key industry developments and market opportunity map during theโ€ฆ
Global Logistics Market 2024 | Key Players : J.B. Hunt Transport Services (Unite โ€ฆ
A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled โ€œLogistics Market โ€“ Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 โ€“ 2024โ€ which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. Request for a sample of this research report @ https://www.mrrse.com/sample/2184 Logistics isโ€ฆ