DC-DC Converter Market Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2033
Persistence Market Research just published a study
titled “DC-DC Converter Market – Global Industry Analysis
2013-2017 and Market Forecast 2018-2026.” (PMR). The use of DC-DC converters
has grown over the past three years as a result of the development of IoT, the
desire for higher power densities, and the deployment of smart grids, energy
storage systems, and electric vehicles.
Throughout the projected period, the market for
DC-DC converters is anticipated to expand at a CAGR of 5.6%. The market for
DC-DC converters was estimated to be worth US$ 3,349.6 Mn in 2017 and is
anticipated to rise quickly to US$ 5,448.3 Mn by 2026. The input voltage,
output power, industry, geographies, and product type are used to categorise
the DC-DC converter market.
According to the type of streaming, the end user,
the type of content, and the geography, PMR has segmented the global DC-DC
converter market in this study. Isolated and non-isolated DC-DC converters make
up the two sub-segments of the DC-DC converter market based on product type.
During the forecast period, the non-isolated segment is anticipated to display
a higher CAGR. But throughout the forecast period, the isolated DC-DC converter
segment is anticipated to rule the market. Additionally, this market is
anticipated to have an increase in opportunity of US$ 974.3 Mn between 2018 and
2026.
The DC-DC converter market is divided into four
sub-segments based on input voltage: 3V-14V, 15V-35V, 36V-75V, and >75V.
Throughout the forecast period, the 3V-14V segment is anticipated to rule the
global DC-DC converter market and develop at a very moderate rate. As a result,
in terms of additional $ opportunity, the 3V-14V segment is anticipated to be
the most alluring segment during the projected period.
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