Exactitude Consultancy Press Release: Global DC-DC converters market

The DC-DC converters market is being fuelled by deployment of small satellites and investments made by private firms.

The surge in the deployment of small satellites around the world is a major contributor to the worldwide DC-DC converter market growth. Additionally, during the project period, the market expansion is being driven by substantial investments made by private companies in space exploration missions. The emergence of satellites for agricultural monitoring, everyday communications, weather monitoring, and national defence has created lucrative growth prospects for the key manufacturers in the global DC-DC converter market. Also, the market for DC-DC converters is experiencing substantial growth due to the direct current converter’s rising research and development.

The demand for DC-DC converters is increasing worldwide due to increasing adoption of renewable energy sources and growing demand for electric vehicles.

Over the years, several reasons have contributed to the tremendous expansion of the DC-DC converter industry. The use of renewable energy sources like solar and wind energy is expanding, which has increased demand for DC-DC converters. The DC power produced by these sources must be transformed into usable AC power by these converters. The need for DC-DC converters, which are used to transform high-voltage DC power from the battery to lower-voltage DC power needed for the vehicle’s numerous subsystems, is rising as electric cars (EVs) gain in popularity.

Demand for DC-DC converters, which are utilised to effectively regulate and manage the power supply to these devices, has increased as a result of the growth of portable electronic devices like smartphones, tablets, and laptops. Energy-efficient solutions are increasingly in demand, especially in sectors like telecommunications, data centres, and industrial automation. Due to their role in lowering power losses and boosting energy efficiency, DC-DC converters are a crucial part of energy-efficient systems.

Explore 188 market data Tables spread through nearly 125 Pages and in-depth analysis on “DC-DC Converters Market By Product Type (Isolated DC-DC Converters, Non-Isolated DC-DC Converters), By Input Voltage (3V-14V, 15V-35V, 36V-75V, >75V), By Output Power (0.25W-250W, 250W-500W, 500W-1000W, >1000W), By Industry (Consumer Electronics, Healthcare, Automotive, IT & Telecommunication, Aerospace & Defense, Railways, Energy & Power), and Region, Global trends and forecast from 2022 to 2029 for Table of Contents –

High initial investments and competition from alternative technologies may hamper the growth of DC-DC converters market.

The DC-DC converter industry is expanding significantly, but there are several concerns that could limit its expansion. The large initial expenditure necessary for the design and production of DC-DC converters may act as a barrier to entry for new companies and restrain the market’s overall growth. Other technologies, such AC-DC converters, can carry out tasks that a DC-DC converter can do. The existence of such alternatives can limit the market’s expansion for DC-DC converters.

Designing and integrating DC-DC converters can be difficult and complex, requiring specific skills. The market’s total expansion may be constrained by this, especially in sectors that lack skilled personnel. Regulation-related difficulties, such as observing safety and environmental laws, can raise the price and complicate the process of creating DC-DC converters.

Increasing demand for electric vehicles and growing demand for data centres can prove as a good opportunity for DC-DC converters market.

There are numerous potential prospects in the DC-DC converter industry. The market for DC-DC converters has a sizable opportunity due to the rising popularity of electric vehicles. DC-DC converters, which transform high-voltage DC power from the battery to the lower-voltage DC power needed for the vehicle’s subsystems, will be more and more in demand as the market for electric vehicles (EVs) increases. DC-DC converters are finding new uses in the medical field, including implantable medical devices and mobile medical equipment. There will be a rising need for DC-DC converters in these applications as the medical industry develops.

The market for DC-DC converters has a chance due to the growing use of renewable energy sources like solar and wind power. The need for DC-DC converters to transform the DC power produced by renewable energy sources into usable AC power will rise as the demand for renewable energy sources rises. Technology advancements, such the creation of more effective and smaller DC-DC converters, give the market a chance to expand by providing more affordable and energy-efficient solutions.

COVID-19 pandemic had a significant impact on the DC-DC converters market due to supply chain disruption.

The market for DC-DC converters has been significantly impacted by the COVID-19 epidemic. There are now shortages of raw materials and components as a result of the pandemic’s disruption of global supply lines. This has caused DC-DC converter production to be delayed and prices to rise. DC-DC converter demand has decreased as a result of the pandemic in some sectors, including the automobile, aerospace, and industrial automation. This is due to the pandemic’s severe effects on these industries, which resulted in decreased production and sales.

The pandemic has boosted the need for DC-DC converters in data centres and communication equipment by encouraging distant work and telecommunication. Due to supply chain interruptions, decreased demand, challenges in product development, and testing challenges, the pandemic has caused delays in the introduction of new goods in the DC-DC converter market.

DC-DC converters Market Key Players:

Synqor Inc., Thales Group, Crane Aerospace and Electronics, Asp Equipment GmbH, Airbus SAS, Vicor Corporation, VPT Power Inc., Infineon Technologies AG, Steel S.P.A., Microsemi Corporation, UTC Aerospace Systems, Texas Instruments, Ericsson, Murata Manufacturing Co. Ltd., Delta Electronics Co. Ltd. are the major DC-DC converters market players.

Key Market Segments: DC-DC converters Market

By Product Type, 2020-2029, (USD Billion) (Thousand Units)

• Isolated Dc-Dc Converters
• Non-Isolated Dc-Dc Converters

By Input Voltage, 2020-2029, (USD Billion) (Thousand Units)

• 3v-14v
• 15v-35v
• 36v-75v
• >75v

By Output Power, 2020-2029, (USD Billion) (Thousand Units)

• 25w-250w
• 250w-500w
• 500w-1000w
• >1000w

By Industry, 2020-2029, (USD Billion) (Thousand Units)

• Consumer Electronics
• Healthcare
• Automotive
• It & Telecommunication
• Aerospace & Defense
• Railways
• Energy & Power

By Region, 2020-2029, (USD Billion) (Thousand Units)

• North America
• Asia Pacific
• Europe
• South America
• Middle East And Africa

Important Countries In All Regions Are Covered.

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