Experts Discuss the Future of DC-DC Converter Market

DC-DC converter providers can focus on expanding their presence in GCC countries along with South Africa and Latin America where the demand for DC-DC converters is expected to increase in the near future owing to the adoption of such power management devices in the automotive sector.

The global DC-DC Converter Market is anticipated to witness significant demand during the forecast period due to a huge adoption of DC-DC converters in the consumer electronics sector along with other industry verticals such as medical equipment, aviation, military and oil & gas. Established players as well as startups need to focus on their product offerings that can be applicable to a wide range of industry applications such as healthcare and medical equipment, military establishments, oil & gas and the aviation sector.

According to a recent market report published by Persistence Market Research titled “DC-DC Converter Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025),” the global DC-DC converter market is estimated to be valued at US$ 3,376.5 Mn by the end of 2017 and this is expected to increase to US$ 5,024.0 Mn by the end of the forecast period in 2025. This is reflective of a CAGR of 5.0% between 2017 and 2025.

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Global DC-DC Converter Market: Segmentation & Forecast

The global DC-DC converter market is categorized on the basis of product type, form factor, input voltage, output power, output number, and application.

On the basis of product type, the market is segmented as isolated and non-isolated. In terms of value, the isolated segment is anticipated to increase 1.4X between 2017 and 2025.

The form factor segment includes full brick, half brick, quarter brick, eight brick, sixteen brick and others. In terms of value, the quarter brick segment is projected to be the most attractive in the global DC-DC converter market during the forecast period.

The input voltage segment is further segmented into 3V-14V, 15V-36V, 36V-75V, and >75V. In terms of value, the >75V segment is anticipated to increase 1.6X between 2017 and 2025.

On the basis of output power the market is segmented into 0.25W-250W, 250W-500W, 500W-1000W, and >1000W. In terms of value, the 0.25W-250W segment is anticipated to increase 1.6X between 2017 and 2025.

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The output number segment is classified into single output, dual output, and triple output. The triple output segment is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, this segment is expected to expand at a CAGR of 6.6% during the forecast period.

The market is segmented on the basis of application into railways, healthcare, automotive, IT & telecommunication, consumer electronics and others. The IT & telecommunication segment is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, this segment is expected to expand at a CAGR of 5.7% during the forecast period.

Global DC-DC Converter Market: Regional Analysis

This report also covers drivers, restraints and trends driving each segment and offers analysis and insights regarding the potential of the DC-DC converter market in regions including North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Among these regions, Asia Pacific accounted for the largest market share in 2016 owing to the growth in telecommunication and data communication systems with high smartphone penetration. The Asia Pacific DC-DC converter market is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, this market is expected to expand at a CAGR of 5.8% during the forecast period.

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This release was published on openPR.