Press release
Automotive Dc-Dc Converters Market: Industry Expected to Experience a Positive Growth till 2031 | Infineon Technologies AG, Texas Instruments Incorporated, ROHM Semiconductor.
Global Automotive DC-DC Converters Market reached USD 604.4 million in 2023 and is expected to reach USD 6,159.0 million by 2031, growing with a CAGR of 33.7% during the forecast period 2024-2031.DataM Intelligence has published a new research report on "Automotive Dc-Dc Converters Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. . The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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The Automotive Dc-Dc Converters market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
The Automotive DC-DC Converters Market refers to the sector involved in the design, production, and distribution of DC-DC converters used in vehicles to efficiently convert voltage levels for various electronic systems. As the automotive industry evolves, particularly with the rise of electric vehicles (EVs) and advanced driver-assistance systems (ADAS), the demand for DC-DC converters is surging. These devices play a crucial role in managing power distribution and enhancing the overall efficiency of automotive electrical systems.
Key Developments:
On February 28, 2023, Infineon Technologies AG, a global leader in automotive semiconductors, entered into a partnership with Hon Hai Technology Group, known as Foxconn, the world's largest electronics manufacturing services provider in the electric vehicle (EV) sector. This collaboration aims to advance electromobility by developing efficient and intelligent features. Their Memorandum of Understanding (MoU) emphasizes the joint development of silicon carbide (SiC) technologies, combining Infineon's innovations in automotive SiC with Foxconn's expertise in automotive systems.
On November 9, 2020, ROHM, a Japan-based electronic parts manufacturer, launched the BD9P series automotive primary DC-DC converters. The BD9P series is designed with high efficiency, contributing to low power consumption not only during vehicle operation but also when the engine is off, enhancing overall energy efficiency.
On January 20, 2020, Delta Electronics Inc., a leading provider of power and thermal management solutions, collaborated with GKN Automotive, the foremost supplier of electric drive, all-wheel drive, and driveline technology and systems. This partnership aims to facilitate the rapid development of next-generation integrated 3-in-1 eDrive systems, with power classes ranging from 80kW to 155kW, enhancing the capabilities of electric vehicles.
Forecast Growth Projected:
The Global Automotive Dc-Dc Converters Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Automotive Dc-Dc Converters Market:
Infineon Technologies AG, Texas Instruments Incorporated, ROHM Semiconductor, STMicroelectronics, Mitsubishi Electric Corporation, Toshiba Electronic Devices & Storage Corporation, Panasonic Corporation, Renesas Electronics Corporation, Delta Electronics, Inc. and Vicor Corporation.
Segment Covered in the Automotive Dc-Dc Converters Market:
By Product: Isolated DC-DC Converters, Non-Isolated DC-DC Converters.
By Propulsion: Battery Electric Vehicles (BEVs), Fuel Cell Electric Vehicles (FCEVs), Plug-in Hybrid Vehicles (PHEVs).
By Input Voltage: Below 40V, 40-70V, Above 70V.
By Output Voltage: 3.3V, 5V, 12V, 15V, 24V and Above.
By Output Power: Below 1kW, 1-10kW, 10-20kW, Above 20kW.
By Vehicle: Commercial Vehicles, Passenger Vehicles.
By Application: Power Electronics, Lighting Systems, Infotainment Systems, Electric Powertrain Systems, Safety Systems, Others.
Regional Analysis:
The global Automotive Dc-Dc Converters Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Automotive Dc-Dc Converters Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Automotive Dc-Dc Converters Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Automotive Dc-Dc Converters manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Automotive Dc-Dc Converters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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The research study aims to address the following key questions:
➡What is the expected growth rate of the Automotive Dc-Dc Converters Market during the forecast period of 2031?
➡What key factors are driving the Automotive Dc-Dc Converters Market across various regions?
➡Who are the leading vendors in the Automotive Dc-Dc Converters industry, and what strategies contribute to their success?
➡What is the anticipated market scope for the projected period?
➡What major trends are influencing the industry's growth in the coming years?
➡What challenges does the Automotive Dc-Dc Converters Market face?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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