Press release
United States Automotive DC-DC Converters Market is expected to reach USD 6,159.0 million by 2030 | Major key players - Infineon Technologies AG, ROHM Semiconductor, STMicroelectronics.
Automotive DC-DC Converters Market
The Global Automotive DC-DC Converters Market size reached USD 604.4 million in 2022 and is expected to reach USD 6,159.0 million by 2030, growing with a CAGR of 33.7% during the forecast period 2024-2031. The Market is growing due to the rising adoption of electric and hybrid vehicles, which require efficient power management systems like DC-DC converters.
The Automotive DC-DC Converters Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Automotive DC-DC Converters Market involves the design, production, and sales of devices that convert high-voltage DC power from a vehicle's battery to lower-voltage DC required by various electronic systems. These converters enhance energy efficiency, support electric and hybrid vehicles, and ensure stable power supply for infotainment, lighting, and safety systems, driving adoption in modern automotive applications.
Industry Recent Developments:
United States:
✅ The US automotive DC-DC converter market is growing robustly with key drivers including the rapid adoption of electric vehicles (EVs) boosted by policy initiatives like the Inflation Reduction Act, which provides up to $7,500 in EV purchase incentives plus manufacturing tax credits. This is accelerating electrification and domestic component production. (August, October 2025)
✅ Industry leaders in the US are heavily investing in wide-bandgap semiconductors such as Gallium Nitride (GaN) and Silicon Carbide (SiC) technologies to improve converter efficiency, power density, and thermal management, which are critical for battery optimization and extending EV range. (August, October 2025)
✅ There is a strategic emphasis in the US on R&D and forming OEM alliances to develop advanced, integrated DC-DC converter modules designed for autonomous and connected vehicles, with a focus on miniaturization and reliability to meet stricter emissions and safety regulations. (August, October 2025)
Japan:
✅ Japan's DC-DC converter market is leveraging its technological leadership in automotive electronics and hybrid vehicle technologies, with major companies like Toyota, Honda, and Nissan advancing power electronics and focusing on solid-state battery integration that opens new opportunities for advanced converters. (August, October 2025)
✅ Technological advancements in Japan's market include wide-bandgap semiconductor adoption (GaN and SiC) enabling higher switching frequencies and reduced energy losses, which contribute to smaller, more compact designs suitable for EVs and hybrid vehicles. (August, October 2025)
✅ Digital control techniques, magnetic materials improvements, and innovative packaging technologies are enhancing thermal performance, miniaturization, and reliability of DC-DC converters, strengthening their integration into space-constrained automotive environments. (August, October 2025)
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Major Key Players:
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.
Vicor Corporation.
Key Growth Drivers:
Rapid global electrification of vehicles: The surge in electric vehicle (EV) production and adoption driven by stringent emission regulations, government incentives, and carbon reduction targets is a primary catalyst for market growth. DC-DC converters are essential for managing power distribution in EVs between high-voltage batteries and lower-voltage auxiliary systems.
Technological advances in semiconductor materials: The integration of wide-bandgap semiconductors such as silicon carbide (SiC) and gallium nitride (GaN) improves converter efficiency, power density, and enables advanced features like bidirectional power flow for vehicle-to-grid (V2G) applications.
Expansion of domestic EV manufacturing and supply chain localization: Increased production capacity from automakers and suppliers, along with focus on regional supply chains following recent disruptions, creates new market opportunities and supports competitive positioning for DC-DC converter manufacturers.
Segments 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:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Chapter Outline
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Automotive DC-DC Converters market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Automotive DC-DC Converters Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The Global Automotive DC-DC Converters market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Automotive DC-DC Converters Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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People Also Ask:
◆ How big is the Automotive DC-DC Converters Market in 2025?
◆ What is the projected growth rate of the Automotive DC-DC Converters Market through 2033?
◆ Who are the key players in the Automotive DC-DC Converters Market?
◆ Which region is expected to dominate the industry during the forecast period?
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Contact Person: Sai Kiran
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About Us -
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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