Global DC-DC Converter Market to Garner $17.85 Billion by 2027, at 11.1% CAGR

Increase in adoption of electric vehicles, surge in usage of DC-DC converter in railway application, and rise in demand for power electronics components drive the growth of the global DC-DC converter market. The market across Asia-Pacific held the largest share in 2019, contributing to nearly one-third of the market. The production facilities of the DC-DC converter have been partially or completely shut due to lack of workforce.


Portland, Nov. 24, 2020 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the global DC-DC converter market was pegged at $8.75 billion in 2019, and is projected to reach $17.85 billion by 2027, growing at a CAGR of 11.1% from 2020 to 2027.

Increase in adoption of electric vehicles, surge in usage of DC-DC converter in railway application, and rise in demand for power electronics components drive the growth of the global DC-DC converter market. However, regulation and safety standards hamper the market. On the contrary, increasing adoption of 5G technology in developing nations is expected to create lucrative opportunities in the future.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/5669

Covid-19 scenario:

  • The production facilities of the DC-DC converter have been partially or completely shut due to lack of workforce.
  • The Covid-19 pandemic has caused a significant drop in manufacturing utilization and travel ban and facility closure kept workers out of their factories.

The global DC-DC converter market is segmented on the basis of input voltage, output voltage, mounting style, application, and region. By input voltage, the 5-36V segment dominated the market in 2019, accounting for more than two-fifths of the market, and is expected to register the highest CAGR of 11.8% during the forecast period.

On the basis on output voltage, the 5V segment held the lion’s share in 2019, contributing to nearly half of the market, and is expected to register the highest CAGR of 11.8% during the forecast period. Based on mounting style, the through hole segment held the largest share in 2019, accounting for more than three-fourths of the market. However, the surface mount is expected to portray the highest CAGR of 12.0% during the forecast period.

Based on application, the smartphone segment held the largest share in 2019, contributing to more than two-fifths of the market. However, the EV battery segment is expected to register the highest CAGR of 12.5% during the forecast period.

Enquire For More: https://www.alliedmarketresearch.com/purchase-enquiry/5669

The global DC-DC converter market across North America, Asia-Pacific, LAMEA, and Europe. The market across Asia-Pacific held the largest share in 2019, contributing to nearly one-third of the market, and is expected to manifest the highest CAGR of 12.3% during the forecast period.

The global DC-DC converter market report includes an in-depth analysis of key market players such as Ericsson, Murata Manufacturing Co. Ltd., Delta Electronics Inc., TDK-Lambda Corporation, Texas Instruments, General Electric (GE), and Vicor Corporation.

Access Avenue (Premium on-demand, subscription-based pricing model) @ https://www.alliedmarketresearch.com/Avenue-Membership-details

Avenue, a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Related Studies:

Analog-to-Digital Converters Market by Product (Ramp ADC, Integrating ADC, Successive Approximation ADC, Delta-sigma ADC, and Others (Pipelined/Flash ADC)), and Application (Consumer Electronics and Industrial) - Global Opportunity Analysis and Industry Forecast, 2020-2027

Automotive Catalytic Converter Market by Type (Two-Way Oxidation Catalytic Converter, Three-Way Oxidation-Reduction Catalytic Converter, and Diesel Oxidation Catalyst), Catalyst (Platinum, Palladium, and Rhodium) - Global Opportunity Analysis and Industry Forecast, 2014-2022

Flexible Electronics Market By Component (Flexible Display [OLED, E-paper, and LCD], Flexible Battery, Flexible Sensor [Bio Sensors, CMOS Hybrid Sensors, Photo Detectors, Piezo Resistive, and Others], Flexible Memory, and Flexible Photovoltaics) and Application (Consumer Electronics, Automotive, Medical & Healthcare, Energy & Power, Aerospace & Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

 

Contact Data