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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.

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As indicated in the latest market research report published by IMARC Group, titled "Indonesia Coal Market Report by Application (Electricity, Iron and Steel Industry, Others), Region (Java, Sumatra, Kalimantan, Sulawesi, Others) 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The Indonesia coal market size reachedโ€ฆ

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