COVID-19 Impact on the Global DC-DC converter System Market
The DC-DC converter market includes major players TDK Lambda Corporation (Japan), Murata Manufacturing Co. Ltd. (UK), Texas Instruments Incorporated (US), Vicor Corporation (US), and Traco Power (Switzerland). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 has affected the power converter production and services globally in 2020.
The COVID-19 pandemic has impacted the industrial verticals adversely, resulting in a sudden dip in 2020 DC-DC converter orders and deliveries. This is expected to negatively impact the DC-DC converter system market in the short term, with slow recovery expected in Q1 of 2021.
Global DC-DC Converter Market Dynamics
Driver: Increase in operations in the Energy and Power Sector
The DC-DC converter Market will majorly be driven by the rising power sector in the forecasted year. There has been a significant rise in the demand for energy throughout major and growing countries. Various countries are not being able to fulfill the rising demand for energy as a reason of which there are projects rising in the alternate power and energy sector in order to supply according to the increasing demand of energy.
Industries around the world are finding an alternate source of energy which could be safer and more reliable forms of energy. Hence, a rapid rise has been noticed in the DC-DC converter market. According to Bloomberg, China and US made 2020 a record year for renewable power growth. In 2020 China added 136 gigawatts of power production to fufill the power demand in a cleaner and efficient way.
Opportunity: Growing aerospace industry throughout regions
The aerospace industry is turning out to be one of the fastest-growing industry across various regions. These can be attributed to the increasing demand of satellite services for GPS and telecommunication services along with the operation related to UAVs. With the rising operations related to unmanned ariel vehicles the done commercial and military market is expected to grow across various regions. Goldman Sachs has estimated the Drone market size to be USD 100 Billion which comprises of both commercial and military drone demand. Hence, the rising drone market in the aerospace industry bring more opportunity to the DC-DC converter market.
Challenge: Designing Compact DC-DC converter with high efficiency
Designing a DC-DC converter is one of the toughest process in production of a DC-DC converter. As this process consists of selecting various components which are an integral part of a DC-DC converter and accounts for the size of it as well. So, selecting these parts and manufacturing a product which compact size which delivers higher efficiency and produces accurate output is a major challenge for DC-DC converter manufacturers. As smaller DC-DC converters tends to have a more chances of a poor heat sink. Therefore, providing a compact size DC-DC converter with a proper heat efficiency in order to provide better efficiency is a challenge for product manufacturers.
Demand for isolated product type DC-DC converter system will drive the demand for product type segment
The isolated DC-DC converters is expected to grow the largest by value. An isolated DC-DC converter uses of with the help of a transformer eliminated the input supply path from the output supply. With the increasing demand for consumer electronics, the market for isolated DC-DC converters will also rise during the forecasted year. As for safety considerations, it is recommended to have isolation between an electronic system input and output because converts operation under high and hazardous voltage should be separated from output which requires lower voltage.
The industrial robot vertical is projected to witness a higher CAGR during the forecast period
With industry 4.0, the industrial sector is rising in terms of manufacturing automation, in many countries along different regions. This is representing a new stage to the overall manufacturing industry and control of the industrial value chain. With the rising demand of quality products among the customers, the demand for industrial robots is also increasing in the manufacturing sector as they are attributed to provide greater efficiency and less chance of error. Hence, the rising industrial robots in the manufacturing sector will also increase the demand for DC-DC converters during the forecasted year.
The telecommunication vertical is projected to witness a higher CAGR during the forecast period
The telecommunication sector is growing across various countries throughout the globe. According to statista, in the year 2020 a total of 1.4 billion smartphones were sold throughout the world despite of the global; pandemic. Hence, with a significant rise in the cellular phone market each year and upcoming 5G spectrum the telecommunication vertical for the DC-DC converter is projected to grow during the forecast period.
Power 1000W output power DC-DC converter projected to witness highest CAGR during the forecast period
The >1000W output power segment is projected to grow at the highest CAGR rate for the DC-DC converter market during the forecast period. These have wide input voltage which allows them to be compatible under various industrial application. They are also suitable to work under higher working temperatures making them one of the best converters to provide accurate output voltage under varied input supply.
The <2V output voltage DC-DC converter is projected to witness the highest CAGR during the forecast period
The <2v output voltage segment is projected to grow at the highest CAGR rate for the DC-DC converter market during the forecast period. Power converters with such low voltage output are also known as step soen DC-DC converters and have greater efficiency when compared to converters with other output voltages. With rising demand for consumer electronics which require low power the demand for DC-DC converters with output voltage <2v will rise during the projected period.
The DIN Rail form type DC-DC converter is projected to witness the highest CAGR during the forecast period
The DIN Rail DC-DC converter is projected to grow at the highest CAGR for the DC-DC converter market during the forecast period. DIN rail is a standard metal rail, which is most commonly and widely used for circuit breaker mounting and industrial control equipment. These series of DC-DC converters have the capability of having a wider input voltage and their flexible specification allows devices with incompatible voltages to be easily integrated into industrial systems.
The Multiple output number DC-DC converter is projected to witness the highest CAGR during the forecast period
The multiple output DC-DC converters are projected to grow at the highest CAGR rate for the DC-DC converter market during the forecast period. With the increasing demand for power application product throughout the industry the demand for DC-DC converters is also increasing. The electrical devices are required to work in a regulated environment with varied input voltage in order to work properly. Hence, DC-DC converter with multiple output do have varied input voltage levels and are efficient to produce accurate multiple outputs as well.
The Asia Pacific market is projected to contribute the largest share from 2021 to 2026
Asia Pacific is projected to be the largest regional share of the global DC-DC converter market during the forecast period. The key factor responsible for Asia Pacific, leading the global DC-DC converter market owing to the rapid growth of the technologically advanced power converter in the region. In Asia Pacific, the rise in manufacturing industries and growing aerospace and defense industry is encouraging manufacturers of DC-DC converters to introduce technologically advanced and efficient products cross various product type. The increasing demand for DC-DC converter and the presence of some of the leading players operating in the market, such as TDK Lambda Corporation, Murata Manufacturing Co. Ltd, FDK Corporation, are expected to drive the global DC-DC converter market in Asia Pacific. These players are focusing on R&D to increase their product lines and using technologically advanced systems, subsystems, and other components for manufacturing DC-DC converter.
Segments covered:
By Vertical, By Form Factor, By Input Voltage, By output Voltage, By output Power, By Output Number, By Product Type, By Isolation Working Voltage, By Region
Geographies covered:
North America, Europe, Asia Pacific, Middle East, and Rest of the World
Companies covered:
TDK Lambda Corporation (Japan), Texas Instruments Incorporated (US), Delta Electronics (Taipei), Flex Ltd. (Singapore) and Infineon Technologies AG (Germany)
By Vertical
Telecommunication
Automotive
Industrial Robots
Service Robots
Aerospace and Defense
Medical
Railway
Server, Storage and Network
Consumer Electronics
Energy and Power
Marine
By Form Factor
SIP
DIP
DIN Rail
Box
Chassis Mount
Discrete
Brick
By Input Voltage
<12v
9-36v
18-75v
40-160v
>200v
By Output Voltage
<2v
3.3v
5v
12v
15v
24v
>24v
By Output Power
0.5-9W
10-29W
30-99W
100-250W
250-500W
500-1000W
>1000W
By Output Number
Single
Dual
Triple
Multiple
By Product Type
Isolated DC-DC Converter
Non-Isolated DC-DC Converter
By Isolation Working Voltage
50-150V
150-250V
200-1000V
1000-2500V
>2500V
By Region
North America
Asia Pacific
Europe
Middle East
Rest of the World
Recent Developments
In April 2021, TDK Corporation announced the introduction of the 750W rated TDK-lambda i7A series of non-isolated buck DC-DC converters, packaged in the industry-standard 1/16th brick footprint.
In March 2021, Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) launched the 650 V CoolSiC Hybrid Discrete for Automotive. The device is suitable for fast switching automotive applications.
In April 2021, Texas Instruments (TI) introduced a new family of synchronous DC/DC buck controllers that enable engineers to shrink the size of the power-supply solution and lower its electromagnetic interference (EMI).
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 29)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 DC-DC CONVERTER MARKET SEGMENTATION
1.3.2 YEARS CONSIDERED FOR STUDY
1.4 INCLUSIONS AND EXCLUSIONS
TABLE 1 INCLUSIONS AND EXCLUSIONS IN DC-DC CONVERTERS MARKET
1.5 CURRENCY & PRICING
1.6 LIMITATIONS
1.7 MARKET STAKEHOLDERS
1.8 SUMMARY OF CHANGES
FIGURE 2 DC-DC CONVERTERS MARKET TO GROW AT A HIGHER RATE COMPARED TO PREVIOUS ESTIMATES
2 RESEARCH METHODOLOGY (Page No. - 34)
2.1 RESEARCH DATA
FIGURE 3 REPORT PROCESS FLOW
FIGURE 4 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Key primary sources
2.2 MARKET SIZE ESTIMATION
2.2.1 MARKET DEFINITION & SCOPE
2.2.2 SEGMENTS AND SUBSEGMENTS
2.3 RESEARCH APPROACH & METHODOLOGY
2.3.1 BOTTOM-UP APPROACH
2.3.2 DC-DC CONVERTERS MARKET FOR VERTICALS
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.3 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 TRIANGULATION & VALIDATION
FIGURE 7 DATA TRIANGULATION
2.4.1 TRIANGULATION THROUGH PRIMARY AND SECONDARY RESEARCH
2.5 GROWTH RATE ASSUMPTIONS
2.6 ASSUMPTIONS FOR THE RESEARCH STUDY
2.7 RISKS
3 EXECUTIVE SUMMARY (Page No. - 45)
FIGURE 8 250-1,000 V SEGMENT TO ACCOUNT FOR LARGEST SHARE OF DC-DC CONVERTER MARKET IN 2021
FIGURE 9 DC-DC CONVERTER MARKET, BY TYPE, 2021
FIGURE 10 BRICK SEGMENT TO DOMINATE DC-DC CONVERTER MARKET IN 2021
FIGURE 11 MIDDLE EAST TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 48)
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN DC-DC CONVERTER MARKET
FIGURE 12 RISE IN DEMAND FOR INDUSTRIAL ROBOTS EXPECTED TO DRIVE THE MARKET
4.2 DC-DC CONVERTER MARKET, BY OUTPUT NUMBER
FIGURE 13 DUAL SEGMENT PROJECTED TO LEAD MARKET
4.3 DC-DC CONVERTER MARKET, BY INPUT VOLTAGE
FIGURE 14 18-75 V SEGMENT TO DOMINATE THE MARKET
4.4 DC-DC CONVERTER MARKET, BY OUTPUT VOLTAGE
FIGURE 15 12 V SEGMENT TO DOMINATE FROM 2021 TO 2026
4.5 DC-DC CONVERTER MARKET, BY COUNTRY
FIGURE 16 INDIA PROJECTED TO BE FASTEST GROWING MARKET DURING 2021–2026
5 MARKET OVERVIEW (Page No. - 51)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 DC-DC CONVERTER MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing demand for industrial robots in manufacturing and service sector
5.2.1.2 Growing healthcare industry across regions
5.2.1.3 Transition to 5G network infrastructure
5.2.1.4 Increasing demand for power consumption
FIGURE 18 RISING RENEWABLE ENERGY CAPACITY ADDITION WORLDWIDE, IN GIGAWATTS (2013-2020)
5.2.2 RESTRAINTS
5.2.2.1 Functionality of DC-DC converters in low power mode
5.2.2.2 Product manufacturing challenges
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing IoT applications in various industries
5.2.3.2 Increasing demand for UAVs and satellites
5.2.3.3 Increasing military COTS applications
5.2.3.4 Growing adoption of electric vehicles (EVs)
FIGURE 19 PLUG-IN ELECTRIC LIGHT VEHICLE SALES WORLDWIDE DATA (MILLION UNITS) (2015-2020)
5.2.4 CHALLENGES
5.2.4.1 Global shortage of semiconductors
5.2.4.2 Maintaining high performance with compact size
5.3 OPERATIONAL DATA
FIGURE 20 SMARTPHONES SALES DATA, IN MILLION UNITS (2013-2020)
FIGURE 21 GLOBAL COMMERCIAL VEHICLES SALES DATA, IN MILLION UNITS (2013-2020)
FIGURE 22 GLOBAL AIRCRAFT SALES DATA, IN UNITS (2013-2020)
5.4 COVID-19 IMPACT ON DC-DC CONVERTER MARKET
5.5 RANGES AND SCENARIOS
FIGURE 23 RANGES AND SCENARIOS
5.6 TECHNOLOGY ANALYSIS
5.6.1 RISING HEALTHCARE APPLICATIONS
5.6.2 GROWING COMMUNICATION INDUSTRY
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS
5.7.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR DC-DC CONVERTER MARKET
FIGURE 24 REVENUE SHIFT IN DC-DC CONVERTER MARKET
5.8 MARKET ECOSYSTEM
5.8.1 PROMINENT COMPANIES
5.8.2 PRIVATE AND SMALL ENTERPRISES
5.8.3 END USERS
FIGURE 25 MARKET ECOSYSTEM MAP: DC-DC CONVERTER MARKET
TABLE 2 DC-DC CONVERTER MARKET ECOSYSTEM
5.9 VALUE CHAIN ANALYSIS
FIGURE 26 VALUE CHAIN ANALYSIS: DC-DC CONVERTER MARKET
5.10 TRADE DATA ANALYSIS
TABLE 3 TRADE DATA FOR DC-DC CONVERTER MARKET
5.11 PORTER’S FIVE FORCES MODEL
TABLE 4 PORTER’S FIVE FORCES ANALYSIS
FIGURE 27 PORTER’S FIVE FORCES ANALYSIS
5.12 CASE STUDY ANALYSIS
5.12.1 LOW NOISE AND COMPACT DESIGN
5.13 TARIFF AND REGULATORY LANDSCAPE
6 INDUSTRIAL TRENDS (Page No. - 66)
6.1 INTRODUCTION
6.2 EMERGING TRENDS
FIGURE 28 EMERGING TRENDS
6.2.1 INCREASING INDUSTRIAL APPLICATIONS
6.2.2 INCREASING DEMAND FOR HIGH-POWER DC-DC CONVERTERS
6.2.3 LOW-POWER DC-DC CONVERTERS
6.2.4 RISING AUTOMOTIVE APPLICATIONS
6.2.5 COMPACT DC-DC CONVERTERS
6.2.6 TECHNOLOGICAL ADVANCEMENTS AND CONTINUOUS IMPROVEMENT
6.3 SUPPLY CHAIN ANALYSIS
FIGURE 29 SUPPLY CHAIN ANALYSIS
6.4 IMPACT OF MEGATRENDS
6.5 INNOVATIONS AND PATENT REGISTRATIONS, 2012-2020
TABLE 5 INNOVATIONS AND PATENT REGISTRATIONS
7 DC-DC CONVERTER MARKET, BY VERTICAL (Page No. - 71)
7.1 INTRODUCTION
FIGURE 30 TELECOMMUNICATION SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 6 DC-DC CONVERTER MARKET, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 7 DC-DC CONVERTER MARKET, BY VERTICAL, 2021–2026 (USD MILLION)
7.2 IMPACT OF COVID-19 ON APPLICATION
7.2.1 MOST IMPACTED SEGMENT, BY VERTICAL
7.2.2 LEAST IMPACTED SEGMENT, BY VERTICAL
7.3 TELECOMMUNICATION
TABLE 8 TELECOMMUNICATION DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 9 TELECOMMUNICATION DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 10 TELECOMMUNICATION DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2017–2020 (USD MILLION)
TABLE 11 TELECOMMUNICATION DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2021–2026 (USD MILLION)
7.3.1 CELLULAR PHONE
7.3.1.1 5G will increase smartphone usage
7.3.2 TOWERS
7.3.2.1 Increasing signal strength to provide 5G services
7.3.3 DATA CENTERS
7.3.3.1 Rising infrastructure and data security laws
7.4 AUTOMOTIVE
TABLE 12 AUTOMOTIVE DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 13 AUTOMOTIVE DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 14 AUTOMOTIVE DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2017–2020 (USD MILLION)
TABLE 15 AUTOMOTIVE DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2021–2026 (USD MILLION)
7.4.1 NON-ELECTRIC VEHICLES
TABLE 16 NON-ELECTRIC VEHICLE DC-DC CONVERTER MARKET, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
TABLE 17 NON-ELECTRIC VEHICLE DC-DC CONVERTER MARKET, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
7.4.1.1 Passenger vehicles
7.4.1.1.1 Improving standard of living and increase in disposable income
7.4.1.2 Commercial vehicles
7.4.1.2.1 Increasing demand from logistics and transportation industry
7.4.2 ELECTRIC VEHICLES
TABLE 18 ELECTRIC VEHICLE DC-DC CONVERTER MARKET, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
TABLE 19 ELECTRIC VEHICLE DC-DC CONVERTER MARKET, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
TABLE 20 ELECTRIC PASSENGER VEHICLE DC-DC CONVERTER MARKET, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
TABLE 21 ELECTRIC PASSENGER VEHICLE DC-DC CONVERTER MARKET, BY TYPE, 2021–2026 (USD MILLION)
7.4.2.1 Fuel-cell vehicles
7.4.2.1.1 Increasing need for emission-free vehicles
7.4.2.2 Hybrid electric vehicles
7.4.2.2.1 Need for better performance eco-friendly vehicles
7.4.2.3 Battery electric vehicles
7.4.2.3.1 Government support for zero-emission vehicles
7.4.2.4 Plug-in hybrid electric vehicles
7.4.2.4.1 Increasing need for long range electric vehicles
7.4.2.5 Commercial vehicles
7.4.2.5.1 Rising demand for electric vehicles from logistics industry
7.4.3 E-MOBILITY CHARGING STATIONS
7.4.3.1 Rising usage of electric vehicles
7.5 INDUSTRIAL ROBOTS
TABLE 22 INDUSTRIAL ROBOTS DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 23 INDUSTRIAL ROBOTS DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 24 INDUSTRIAL ROBOTS DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2017–2020 (USD MILLION)
TABLE 25 INDUSTRIAL ROBOTS DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2021–2026 (USD MILLION)
7.5.1 MANUFACTURING ROBOTS
TABLE 26 MANUFACTURING ROBOTS DC-DC CONVERTER MARKET, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 27 MANUFACTURING ROBOTS DC-DC CONVERTER MARKET, BY INDUSTRY, 2021–2026 (USD MILLION)
7.5.1.1 Metals
7.5.1.1.1 Requirement of robust actuators in mining industry
7.5.1.2 Chemicals, paper, and plastics
7.5.1.2.1 Increasing industrialization and stringent environmental regulations to drive the segment
7.5.1.3 Automotive
7.5.1.3.1 Increased Demand for Industrial Robots in Automotive Sector to drive the market
7.5.1.4 Electronics & electricals
7.5.1.4.1 Growth can be attributed to continuously increasing demand for batteries, chips, and displays
7.5.1.5 Food & beverages
7.5.1.5.1 Need for increased automation and enhancing the capacity of existing plants are expected to drive the market in food & beverages
7.5.2 SERVICE ROBOTS
TABLE 28 SERVICE ROBOTS DC-DC CONVERTER MARKET, BY ROBOT TYPE, 2017–2020 (USD MILLION)
TABLE 29 SERVICE ROBOTS DC-DC CONVERTER MARKET, BY ROBOT TYPE, 2021–2026 (USD MILLION)
7.5.2.1 Automated guided vehicles
7.5.2.1.1 Increased demand for automated handling in industrial facilities
7.5.2.2 Cleaning robots
7.5.2.2.1 Requirement for automated cleaning services in commercial spaces
7.5.2.3 Inspection Robots
7.5.2.3.1 Rising need for automated inspection in difficult to reach areas
7.5.2.4 Humanoid Robots
7.5.2.4.1 Need to replicate the human touch for various sectors
7.6 AEROSPACE & DEFENSE
TABLE 30 AEROSPACE & DEFENSE DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 31 AEROSPACE & DEFENSE DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 32 AEROSPACE & DEFENSE DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2017–2020 (USD MILLION)
TABLE 33 AEROSPACE & DEFENSE DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2021–2026 (USD MILLION)
7.6.1 AIRCRAFT
7.6.1.1 More electric aircraft are expected to drive the demand for DC-DC converter
TABLE 34 AIRCRAFT DC-DC CONVERTER MARKET, BY AIRCRAFT TYPE, 2017–2020 (USD MILLION)
TABLE 35 AIRCRAFT DC-DC CONVERTER MARKET, BY AIRCRAFT TYPE, 2021–2026 (USD MILLION)
7.6.1.2 Civil
TABLE 36 CIVIL AIRCRAFT DC-DC CONVERTER MARKET, BY AIRCRAFT TYPE, 2017–2020 (USD MILLION)
TABLE 37 CIVIL AIRCRAFT DC-DC CONVERTER MARKET, BY AIRCRAFT TYPE, 2021–2026 (USD MILLION)
7.6.1.2.1 Commercial
7.6.1.2.1.1 Increasing narrow-body aircraft to grow the market for commercial aircraft
7.6.1.2.2 Business Aviation
7.6.1.2.2.1 Increase in corporate activities globally
7.6.1.2.3 Helicopters
7.6.1.2.3.1 Expanding applications of commercial helicopters
7.6.1.3 Military
7.6.1.3.1 Growing national security and special mission aircraft to drive the market
7.6.1.4 Unmanned Aerial Vehicles
TABLE 38 UAV DC-DC CONVERTER MARKET, BY AIRCRAFT TYPE, 2017–2020 (USD MILLION)
TABLE 39 UAV DC-DC CONVERTER MARKET, BY AIRCRAFT TYPE, 2021–2026 (USD MILLION)
7.6.1.4.1 Fixed Wing UAVs
7.6.1.4.1.1 Long duration flying hours to drive the market
7.6.1.4.2 Rotary Wing UAVs
7.6.1.4.2.1 Increasing application of rotary-wing UAVs for commercial and military purposes
7.6.2 LAND VEHICLES
TABLE 40 LAND VEHICLE DC-DC CONVERTER MARKET, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
TABLE 41 LAND VEHICLE DC-DC CONVERTER MARKET, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
7.6.2.1 Armored Vehicles
7.6.2.1.1 Rising demand for AVs for use in cross border conflicts
7.6.2.2 Ground support equipment (GSE)
7.6.2.2.1 Rising number of airport and electric GSE
7.6.3 SATELLITES
TABLE 42 SATELLITE DC-DC CONVERTER MARKET, BY SATELLITE TYPE, 2017–2020 (USD MILLION)
TABLE 43 SATELLITE DC-DC CONVERTER MARKET, BY SATELLITE TYPE, 2021–2026 (USD MILLION)
7.6.3.1 Rising demand for high output voltage for satellite communication
7.6.3.2 Small Satellite
7.6.3.2.1 Growing national security concerns along with geographic operations
7.6.3.3 Nano Satellite
7.6.3.3.1 Increasing demand for LEO-based services
7.6.3.4 Mini Satellite
7.6.3.4.1 Rising demand for telecom services
7.7 MEDICAL
7.7.1 THE HEALTHCARE SYSTEM THROUGHOUT REGIONS IS EXPANDING AT A VERY HIGH PACE
TABLE 44 MEDICAL DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 45 MEDICAL DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
7.8 RAILWAY
7.8.1 GROWING TRANSPORT INFRASTRUCTURE TO DRIVE THE MARKET
TABLE 46 RAILWAY DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 47 RAILWAY DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
7.9 SERVER, STORAGE, AND NETWORK
7.9.1 RISE IN DATA CENTERS IS EXPECTED TO BOOST THE GROWTH OF SERVER, STORAGE AND NETWORK
TABLE 48 SERVER, STORAGE, AND NETWORK DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 49 SERVER, STORAGE, AND NETWORK DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
7.10 CONSUMER ELECTRONICS
7.10.1 INCREASING NUMBER OF NEW ELECTRONIC GADGETS AND DIFFERENT ELECTRONIC INSTRUMENTS
TABLE 50 CONSUMER ELECTRONICS DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 51 CONSUMER ELECTRONICS DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
7.11 ENERGY AND POWER
TABLE 52 ENERGY AND POWER DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 53 ENERGY AND POWER DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 54 ENERGY AND POWER DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2017–2020 (USD MILLION)
TABLE 55 ENERGY AND POWER DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2021–2026 (USD MILLION)
7.11.1 OIL AND GAS
7.11.1.1 The rising middle east oil and gas industry
7.11.2 RENEWABLE ENERGY
7.11.2.1 Increasing demand for alternative sources of energy
7.11.3 LOW VOLTAGE DIRECT CURRENT (LVDC)
7.11.3.1 Increasing urbanization will drive the segment
7.12 MARINE
TABLE 56 MARINE DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 57 MARINE DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 58 MARINE DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2017–2020 (USD MILLION)
TABLE 59 MARINE DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2021–2026 (USD MILLION)
7.12.1 COMMERCIAL
7.12.1.1 Increasing usage of electric ships for commercial purposes
7.12.2 MILITARY
7.12.2.1 Rise in technological developments in the field of marine propulsion system
8 DC-DC CONVERTER MARKET, BY FORM FACTOR (Page No. - 106)
8.1 INTRODUCTION
FIGURE 31 BRICK SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 60 DC-DC CONVERTER MARKET, BY FORM FACTOR, 2017–2020 (USD MILLION)
TABLE 61 DC-DC CONVERTER MARKET, BY FORM FACTOR, 2021–2026 (USD MILLION)
8.2 SIP
8.3 DIP
8.4 DIN RAIL
8.5 BOX
8.6 CHASSIS MOUNT
8.7 DISCRETE
8.8 BRICK
8.8.1 FULL BRICK
8.8.2 HALF BRICK
8.8.3 QUARTER BRICK
8.8.4 EIGHTH BRICK
8.8.5 SIXTEENTH BRICK
9 DC-DC CONVERTER MARKET, BY INPUT VOLTAGE (Page No. - 111)
9.1 INTRODUCTION
FIGURE 32 18-75 V SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 62 DC-DC CONVERTER MARKET, BY INPUT VOLTAGE, 2017–2020 (USD MILLION)
TABLE 63 DC-DC CONVERTER MARKET, BY INPUT VOLTAGE, 2021–2026 (USD MILLION)
9.2 <12 V
9.3 9-36 V
9.4 18-75 V
9.5 40-160 V
9.6 >200 V
10 DC-DC CONVERTER MARKET, BY OUTPUT VOLTAGE (Page No. - 114)
10.1 INTRODUCTION
FIGURE 33 12 V SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 64 DC-DC CONVERTER MARKET, BY OUTPUT VOLTAGE, 2017–2020 (USD MILLION)
TABLE 65 DC-DC CONVERTER MARKET, BY OUTPUT VOLTAGE, 2021–2026 (USD MILLION)
10.2 <2 V
10.3 3.3 V
10.4 5 V
10.5 12 V
10.6 15 V
10.7 24 V
10.8 >24 V
11 DC-DC CONVERTER MARKET, BY OUTPUT POWER (Page No. - 118)
11.1 INTRODUCTION
FIGURE 34 30-99 W SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 66 DC-DC CONVERTER MARKET, BY OUTPUT POWER, 2017–2020 (USD MILLION)
TABLE 67 DC-DC CONVERTER MARKET, BY OUTPUT POWER, 2021–2026 (USD MILLION)
11.2 0.5-9 W
11.3 10-29 W
11.4 30-99 W
11.5 100-250 W
11.6 250-500 W
11.7 500-1,000 W
11.8 >1,000 W
12 DC-DC CONVERTER MARKET, BY OUTPUT NUMBER (Page No. - 122)
12.1 INTRODUCTION
FIGURE 35 DUAL SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD
TABLE 68 DC-DC CONVERTER MARKET, BY OUTPUT NUMBER, 2017–2020 (USD MILLION)
TABLE 69 DC-DC CONVERTER MARKET, BY OUTPUT NUMBER, 2021–2026 (USD MILLION)
12.2 SINGLE OUTPUT
12.3 DUAL OUTPUT
12.4 TRIPLE OUTPUT
12.5 MULTIPLE OUTPUT
13 DC-DC CONVERTER MARKET, BY TYPE (Page No. - 125)
13.1 INTRODUCTION
FIGURE 36 ISOLATED SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 70 DC-DC CONVERTER MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 71 DC-DC CONVERTER MARKET, BY TYPE, 2021–2026 (USD MILLION)
13.2 ISOLATED DC-DC CONVERTER
13.3 NON-ISOLATED DC-DC CONVERTER
13.3.1 <10 A
13.3.2 10-20 A
13.3.3 20-50 A
13.3.4 50-100 A
14 DC-DC CONVERTERS MARKET, BY ISOLATION WORKING VOLTAGE (Page No. - 128)
14.1 INTRODUCTION
FIGURE 37 250-1,000 V SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 72 DC-DC CONVERTER MARKET, BY ISOLATION WORKING VOLTAGE, 2017–2020 (USD MILLION)
TABLE 73 DC-DC CONVERTERS MARKET, BY ISOLATION WORKING VOLTAGE, 2021–2026 (USD MILLION)
14.2 50-150 V
14.3 150-250 V
14.4 250-1,000 V
14.5 1,001-2,500 V
14.6 >2,500 V
15 DC-DC CONVERTER MARKET, BY REGION (Page No. - 132)
15.1 INTRODUCTION
FIGURE 38 DC-DC CONVERTER MARKET: REGIONAL SNAPSHOT
15.1.1 IMPACT OF COVID-19 ON DC-DC CONVERTER MARKET, BY REGION
FIGURE 39 IMPACT OF COVID-19 ON DC-DC CONVERTER MARKET
TABLE 74 DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 75 DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
15.2 NORTH AMERICA
FIGURE 40 NORTH AMERICA: DC-DC CONVERTER MARKET SNAPSHOT
TABLE 76 NORTH AMERICA DC-DC CONVERTER MARKET, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 77 NORTH AMERICA DC-DC CONVERTER MARKET, BY VERTICAL, 2021–2026 (USD MILLION)
TABLE 78 NORTH AMERICA DC-DC CONVERTER MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 79 NORTH AMERICA DC-DC CONVERTER MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 80 NORTH AMERICA DC-DC CONVERT
The DC-DC converter market includes major players TDK Lambda Corporation (Japan), Murata Manufacturing Co. Ltd. (UK), Texas Instruments Incorporated (US), Vicor Corporation (US), and Traco Power (Switzerland). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 has affected the power converter production and services globally in 2020.
The COVID-19 pandemic has impacted the industrial verticals adversely, resulting in a sudden dip in 2020 DC-DC converter orders and deliveries. This is expected to negatively impact the DC-DC converter system market in the short term, with slow recovery expected in Q1 of 2021.
Global DC-DC Converter Market Dynamics
Driver: Increase in operations in the Energy and Power Sector
The DC-DC converter Market will majorly be driven by the rising power sector in the forecasted year. There has been a significant rise in the demand for energy throughout major and growing countries. Various countries are not being able to fulfill the rising demand for energy as a reason of which there are projects rising in the alternate power and energy sector in order to supply according to the increasing demand of energy.
Industries around the world are finding an alternate source of energy which could be safer and more reliable forms of energy. Hence, a rapid rise has been noticed in the DC-DC converter market. According to Bloomberg, China and US made 2020 a record year for renewable power growth. In 2020 China added 136 gigawatts of power production to fufill the power demand in a cleaner and efficient way.
Opportunity: Growing aerospace industry throughout regions
The aerospace industry is turning out to be one of the fastest-growing industry across various regions. These can be attributed to the increasing demand of satellite services for GPS and telecommunication services along with the operation related to UAVs. With the rising operations related to unmanned ariel vehicles the done commercial and military market is expected to grow across various regions. Goldman Sachs has estimated the Drone market size to be USD 100 Billion which comprises of both commercial and military drone demand. Hence, the rising drone market in the aerospace industry bring more opportunity to the DC-DC converter market.
Challenge: Designing Compact DC-DC converter with high efficiency
Designing a DC-DC converter is one of the toughest process in production of a DC-DC converter. As this process consists of selecting various components which are an integral part of a DC-DC converter and accounts for the size of it as well. So, selecting these parts and manufacturing a product which compact size which delivers higher efficiency and produces accurate output is a major challenge for DC-DC converter manufacturers. As smaller DC-DC converters tends to have a more chances of a poor heat sink. Therefore, providing a compact size DC-DC converter with a proper heat efficiency in order to provide better efficiency is a challenge for product manufacturers.
Demand for isolated product type DC-DC converter system will drive the demand for product type segment
The isolated DC-DC converters is expected to grow the largest by value. An isolated DC-DC converter uses of with the help of a transformer eliminated the input supply path from the output supply. With the increasing demand for consumer electronics, the market for isolated DC-DC converters will also rise during the forecasted year. As for safety considerations, it is recommended to have isolation between an electronic system input and output because converts operation under high and hazardous voltage should be separated from output which requires lower voltage.
The industrial robot vertical is projected to witness a higher CAGR during the forecast period
With industry 4.0, the industrial sector is rising in terms of manufacturing automation, in many countries along different regions. This is representing a new stage to the overall manufacturing industry and control of the industrial value chain. With the rising demand of quality products among the customers, the demand for industrial robots is also increasing in the manufacturing sector as they are attributed to provide greater efficiency and less chance of error. Hence, the rising industrial robots in the manufacturing sector will also increase the demand for DC-DC converters during the forecasted year.
The telecommunication vertical is projected to witness a higher CAGR during the forecast period
The telecommunication sector is growing across various countries throughout the globe. According to statista, in the year 2020 a total of 1.4 billion smartphones were sold throughout the world despite of the global; pandemic. Hence, with a significant rise in the cellular phone market each year and upcoming 5G spectrum the telecommunication vertical for the DC-DC converter is projected to grow during the forecast period.
Power 1000W output power DC-DC converter projected to witness highest CAGR during the forecast period
The >1000W output power segment is projected to grow at the highest CAGR rate for the DC-DC converter market during the forecast period. These have wide input voltage which allows them to be compatible under various industrial application. They are also suitable to work under higher working temperatures making them one of the best converters to provide accurate output voltage under varied input supply.
The <2V output voltage DC-DC converter is projected to witness the highest CAGR during the forecast period
The <2v output voltage segment is projected to grow at the highest CAGR rate for the DC-DC converter market during the forecast period. Power converters with such low voltage output are also known as step soen DC-DC converters and have greater efficiency when compared to converters with other output voltages. With rising demand for consumer electronics which require low power the demand for DC-DC converters with output voltage <2v will rise during the projected period.
The DIN Rail form type DC-DC converter is projected to witness the highest CAGR during the forecast period
The DIN Rail DC-DC converter is projected to grow at the highest CAGR for the DC-DC converter market during the forecast period. DIN rail is a standard metal rail, which is most commonly and widely used for circuit breaker mounting and industrial control equipment. These series of DC-DC converters have the capability of having a wider input voltage and their flexible specification allows devices with incompatible voltages to be easily integrated into industrial systems.
The Multiple output number DC-DC converter is projected to witness the highest CAGR during the forecast period
The multiple output DC-DC converters are projected to grow at the highest CAGR rate for the DC-DC converter market during the forecast period. With the increasing demand for power application product throughout the industry the demand for DC-DC converters is also increasing. The electrical devices are required to work in a regulated environment with varied input voltage in order to work properly. Hence, DC-DC converter with multiple output do have varied input voltage levels and are efficient to produce accurate multiple outputs as well.
The Asia Pacific market is projected to contribute the largest share from 2021 to 2026
Asia Pacific is projected to be the largest regional share of the global DC-DC converter market during the forecast period. The key factor responsible for Asia Pacific, leading the global DC-DC converter market owing to the rapid growth of the technologically advanced power converter in the region. In Asia Pacific, the rise in manufacturing industries and growing aerospace and defense industry is encouraging manufacturers of DC-DC converters to introduce technologically advanced and efficient products cross various product type. The increasing demand for DC-DC converter and the presence of some of the leading players operating in the market, such as TDK Lambda Corporation, Murata Manufacturing Co. Ltd, FDK Corporation, are expected to drive the global DC-DC converter market in Asia Pacific. These players are focusing on R&D to increase their product lines and using technologically advanced systems, subsystems, and other components for manufacturing DC-DC converter.
Segments covered:
By Vertical, By Form Factor, By Input Voltage, By output Voltage, By output Power, By Output Number, By Product Type, By Isolation Working Voltage, By Region
Geographies covered:
North America, Europe, Asia Pacific, Middle East, and Rest of the World
Companies covered:
TDK Lambda Corporation (Japan), Texas Instruments Incorporated (US), Delta Electronics (Taipei), Flex Ltd. (Singapore) and Infineon Technologies AG (Germany)
By Vertical
Telecommunication
Automotive
Industrial Robots
Service Robots
Aerospace and Defense
Medical
Railway
Server, Storage and Network
Consumer Electronics
Energy and Power
Marine
By Form Factor
SIP
DIP
DIN Rail
Box
Chassis Mount
Discrete
Brick
By Input Voltage
<12v
9-36v
18-75v
40-160v
>200v
By Output Voltage
<2v
3.3v
5v
12v
15v
24v
>24v
By Output Power
0.5-9W
10-29W
30-99W
100-250W
250-500W
500-1000W
>1000W
By Output Number
Single
Dual
Triple
Multiple
By Product Type
Isolated DC-DC Converter
Non-Isolated DC-DC Converter
By Isolation Working Voltage
50-150V
150-250V
200-1000V
1000-2500V
>2500V
By Region
North America
Asia Pacific
Europe
Middle East
Rest of the World
Recent Developments
In April 2021, TDK Corporation announced the introduction of the 750W rated TDK-lambda i7A series of non-isolated buck DC-DC converters, packaged in the industry-standard 1/16th brick footprint.
In March 2021, Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) launched the 650 V CoolSiC Hybrid Discrete for Automotive. The device is suitable for fast switching automotive applications.
In April 2021, Texas Instruments (TI) introduced a new family of synchronous DC/DC buck controllers that enable engineers to shrink the size of the power-supply solution and lower its electromagnetic interference (EMI).
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 29)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 DC-DC CONVERTER MARKET SEGMENTATION
1.3.2 YEARS CONSIDERED FOR STUDY
1.4 INCLUSIONS AND EXCLUSIONS
TABLE 1 INCLUSIONS AND EXCLUSIONS IN DC-DC CONVERTERS MARKET
1.5 CURRENCY & PRICING
1.6 LIMITATIONS
1.7 MARKET STAKEHOLDERS
1.8 SUMMARY OF CHANGES
FIGURE 2 DC-DC CONVERTERS MARKET TO GROW AT A HIGHER RATE COMPARED TO PREVIOUS ESTIMATES
2 RESEARCH METHODOLOGY (Page No. - 34)
2.1 RESEARCH DATA
FIGURE 3 REPORT PROCESS FLOW
FIGURE 4 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Key primary sources
2.2 MARKET SIZE ESTIMATION
2.2.1 MARKET DEFINITION & SCOPE
2.2.2 SEGMENTS AND SUBSEGMENTS
2.3 RESEARCH APPROACH & METHODOLOGY
2.3.1 BOTTOM-UP APPROACH
2.3.2 DC-DC CONVERTERS MARKET FOR VERTICALS
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.3 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 TRIANGULATION & VALIDATION
FIGURE 7 DATA TRIANGULATION
2.4.1 TRIANGULATION THROUGH PRIMARY AND SECONDARY RESEARCH
2.5 GROWTH RATE ASSUMPTIONS
2.6 ASSUMPTIONS FOR THE RESEARCH STUDY
2.7 RISKS
3 EXECUTIVE SUMMARY (Page No. - 45)
FIGURE 8 250-1,000 V SEGMENT TO ACCOUNT FOR LARGEST SHARE OF DC-DC CONVERTER MARKET IN 2021
FIGURE 9 DC-DC CONVERTER MARKET, BY TYPE, 2021
FIGURE 10 BRICK SEGMENT TO DOMINATE DC-DC CONVERTER MARKET IN 2021
FIGURE 11 MIDDLE EAST TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 48)
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN DC-DC CONVERTER MARKET
FIGURE 12 RISE IN DEMAND FOR INDUSTRIAL ROBOTS EXPECTED TO DRIVE THE MARKET
4.2 DC-DC CONVERTER MARKET, BY OUTPUT NUMBER
FIGURE 13 DUAL SEGMENT PROJECTED TO LEAD MARKET
4.3 DC-DC CONVERTER MARKET, BY INPUT VOLTAGE
FIGURE 14 18-75 V SEGMENT TO DOMINATE THE MARKET
4.4 DC-DC CONVERTER MARKET, BY OUTPUT VOLTAGE
FIGURE 15 12 V SEGMENT TO DOMINATE FROM 2021 TO 2026
4.5 DC-DC CONVERTER MARKET, BY COUNTRY
FIGURE 16 INDIA PROJECTED TO BE FASTEST GROWING MARKET DURING 2021–2026
5 MARKET OVERVIEW (Page No. - 51)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 DC-DC CONVERTER MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing demand for industrial robots in manufacturing and service sector
5.2.1.2 Growing healthcare industry across regions
5.2.1.3 Transition to 5G network infrastructure
5.2.1.4 Increasing demand for power consumption
FIGURE 18 RISING RENEWABLE ENERGY CAPACITY ADDITION WORLDWIDE, IN GIGAWATTS (2013-2020)
5.2.2 RESTRAINTS
5.2.2.1 Functionality of DC-DC converters in low power mode
5.2.2.2 Product manufacturing challenges
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing IoT applications in various industries
5.2.3.2 Increasing demand for UAVs and satellites
5.2.3.3 Increasing military COTS applications
5.2.3.4 Growing adoption of electric vehicles (EVs)
FIGURE 19 PLUG-IN ELECTRIC LIGHT VEHICLE SALES WORLDWIDE DATA (MILLION UNITS) (2015-2020)
5.2.4 CHALLENGES
5.2.4.1 Global shortage of semiconductors
5.2.4.2 Maintaining high performance with compact size
5.3 OPERATIONAL DATA
FIGURE 20 SMARTPHONES SALES DATA, IN MILLION UNITS (2013-2020)
FIGURE 21 GLOBAL COMMERCIAL VEHICLES SALES DATA, IN MILLION UNITS (2013-2020)
FIGURE 22 GLOBAL AIRCRAFT SALES DATA, IN UNITS (2013-2020)
5.4 COVID-19 IMPACT ON DC-DC CONVERTER MARKET
5.5 RANGES AND SCENARIOS
FIGURE 23 RANGES AND SCENARIOS
5.6 TECHNOLOGY ANALYSIS
5.6.1 RISING HEALTHCARE APPLICATIONS
5.6.2 GROWING COMMUNICATION INDUSTRY
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS
5.7.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR DC-DC CONVERTER MARKET
FIGURE 24 REVENUE SHIFT IN DC-DC CONVERTER MARKET
5.8 MARKET ECOSYSTEM
5.8.1 PROMINENT COMPANIES
5.8.2 PRIVATE AND SMALL ENTERPRISES
5.8.3 END USERS
FIGURE 25 MARKET ECOSYSTEM MAP: DC-DC CONVERTER MARKET
TABLE 2 DC-DC CONVERTER MARKET ECOSYSTEM
5.9 VALUE CHAIN ANALYSIS
FIGURE 26 VALUE CHAIN ANALYSIS: DC-DC CONVERTER MARKET
5.10 TRADE DATA ANALYSIS
TABLE 3 TRADE DATA FOR DC-DC CONVERTER MARKET
5.11 PORTER’S FIVE FORCES MODEL
TABLE 4 PORTER’S FIVE FORCES ANALYSIS
FIGURE 27 PORTER’S FIVE FORCES ANALYSIS
5.12 CASE STUDY ANALYSIS
5.12.1 LOW NOISE AND COMPACT DESIGN
5.13 TARIFF AND REGULATORY LANDSCAPE
6 INDUSTRIAL TRENDS (Page No. - 66)
6.1 INTRODUCTION
6.2 EMERGING TRENDS
FIGURE 28 EMERGING TRENDS
6.2.1 INCREASING INDUSTRIAL APPLICATIONS
6.2.2 INCREASING DEMAND FOR HIGH-POWER DC-DC CONVERTERS
6.2.3 LOW-POWER DC-DC CONVERTERS
6.2.4 RISING AUTOMOTIVE APPLICATIONS
6.2.5 COMPACT DC-DC CONVERTERS
6.2.6 TECHNOLOGICAL ADVANCEMENTS AND CONTINUOUS IMPROVEMENT
6.3 SUPPLY CHAIN ANALYSIS
FIGURE 29 SUPPLY CHAIN ANALYSIS
6.4 IMPACT OF MEGATRENDS
6.5 INNOVATIONS AND PATENT REGISTRATIONS, 2012-2020
TABLE 5 INNOVATIONS AND PATENT REGISTRATIONS
7 DC-DC CONVERTER MARKET, BY VERTICAL (Page No. - 71)
7.1 INTRODUCTION
FIGURE 30 TELECOMMUNICATION SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 6 DC-DC CONVERTER MARKET, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 7 DC-DC CONVERTER MARKET, BY VERTICAL, 2021–2026 (USD MILLION)
7.2 IMPACT OF COVID-19 ON APPLICATION
7.2.1 MOST IMPACTED SEGMENT, BY VERTICAL
7.2.2 LEAST IMPACTED SEGMENT, BY VERTICAL
7.3 TELECOMMUNICATION
TABLE 8 TELECOMMUNICATION DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 9 TELECOMMUNICATION DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 10 TELECOMMUNICATION DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2017–2020 (USD MILLION)
TABLE 11 TELECOMMUNICATION DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2021–2026 (USD MILLION)
7.3.1 CELLULAR PHONE
7.3.1.1 5G will increase smartphone usage
7.3.2 TOWERS
7.3.2.1 Increasing signal strength to provide 5G services
7.3.3 DATA CENTERS
7.3.3.1 Rising infrastructure and data security laws
7.4 AUTOMOTIVE
TABLE 12 AUTOMOTIVE DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 13 AUTOMOTIVE DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 14 AUTOMOTIVE DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2017–2020 (USD MILLION)
TABLE 15 AUTOMOTIVE DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2021–2026 (USD MILLION)
7.4.1 NON-ELECTRIC VEHICLES
TABLE 16 NON-ELECTRIC VEHICLE DC-DC CONVERTER MARKET, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
TABLE 17 NON-ELECTRIC VEHICLE DC-DC CONVERTER MARKET, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
7.4.1.1 Passenger vehicles
7.4.1.1.1 Improving standard of living and increase in disposable income
7.4.1.2 Commercial vehicles
7.4.1.2.1 Increasing demand from logistics and transportation industry
7.4.2 ELECTRIC VEHICLES
TABLE 18 ELECTRIC VEHICLE DC-DC CONVERTER MARKET, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
TABLE 19 ELECTRIC VEHICLE DC-DC CONVERTER MARKET, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
TABLE 20 ELECTRIC PASSENGER VEHICLE DC-DC CONVERTER MARKET, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
TABLE 21 ELECTRIC PASSENGER VEHICLE DC-DC CONVERTER MARKET, BY TYPE, 2021–2026 (USD MILLION)
7.4.2.1 Fuel-cell vehicles
7.4.2.1.1 Increasing need for emission-free vehicles
7.4.2.2 Hybrid electric vehicles
7.4.2.2.1 Need for better performance eco-friendly vehicles
7.4.2.3 Battery electric vehicles
7.4.2.3.1 Government support for zero-emission vehicles
7.4.2.4 Plug-in hybrid electric vehicles
7.4.2.4.1 Increasing need for long range electric vehicles
7.4.2.5 Commercial vehicles
7.4.2.5.1 Rising demand for electric vehicles from logistics industry
7.4.3 E-MOBILITY CHARGING STATIONS
7.4.3.1 Rising usage of electric vehicles
7.5 INDUSTRIAL ROBOTS
TABLE 22 INDUSTRIAL ROBOTS DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 23 INDUSTRIAL ROBOTS DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 24 INDUSTRIAL ROBOTS DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2017–2020 (USD MILLION)
TABLE 25 INDUSTRIAL ROBOTS DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2021–2026 (USD MILLION)
7.5.1 MANUFACTURING ROBOTS
TABLE 26 MANUFACTURING ROBOTS DC-DC CONVERTER MARKET, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 27 MANUFACTURING ROBOTS DC-DC CONVERTER MARKET, BY INDUSTRY, 2021–2026 (USD MILLION)
7.5.1.1 Metals
7.5.1.1.1 Requirement of robust actuators in mining industry
7.5.1.2 Chemicals, paper, and plastics
7.5.1.2.1 Increasing industrialization and stringent environmental regulations to drive the segment
7.5.1.3 Automotive
7.5.1.3.1 Increased Demand for Industrial Robots in Automotive Sector to drive the market
7.5.1.4 Electronics & electricals
7.5.1.4.1 Growth can be attributed to continuously increasing demand for batteries, chips, and displays
7.5.1.5 Food & beverages
7.5.1.5.1 Need for increased automation and enhancing the capacity of existing plants are expected to drive the market in food & beverages
7.5.2 SERVICE ROBOTS
TABLE 28 SERVICE ROBOTS DC-DC CONVERTER MARKET, BY ROBOT TYPE, 2017–2020 (USD MILLION)
TABLE 29 SERVICE ROBOTS DC-DC CONVERTER MARKET, BY ROBOT TYPE, 2021–2026 (USD MILLION)
7.5.2.1 Automated guided vehicles
7.5.2.1.1 Increased demand for automated handling in industrial facilities
7.5.2.2 Cleaning robots
7.5.2.2.1 Requirement for automated cleaning services in commercial spaces
7.5.2.3 Inspection Robots
7.5.2.3.1 Rising need for automated inspection in difficult to reach areas
7.5.2.4 Humanoid Robots
7.5.2.4.1 Need to replicate the human touch for various sectors
7.6 AEROSPACE & DEFENSE
TABLE 30 AEROSPACE & DEFENSE DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 31 AEROSPACE & DEFENSE DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 32 AEROSPACE & DEFENSE DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2017–2020 (USD MILLION)
TABLE 33 AEROSPACE & DEFENSE DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2021–2026 (USD MILLION)
7.6.1 AIRCRAFT
7.6.1.1 More electric aircraft are expected to drive the demand for DC-DC converter
TABLE 34 AIRCRAFT DC-DC CONVERTER MARKET, BY AIRCRAFT TYPE, 2017–2020 (USD MILLION)
TABLE 35 AIRCRAFT DC-DC CONVERTER MARKET, BY AIRCRAFT TYPE, 2021–2026 (USD MILLION)
7.6.1.2 Civil
TABLE 36 CIVIL AIRCRAFT DC-DC CONVERTER MARKET, BY AIRCRAFT TYPE, 2017–2020 (USD MILLION)
TABLE 37 CIVIL AIRCRAFT DC-DC CONVERTER MARKET, BY AIRCRAFT TYPE, 2021–2026 (USD MILLION)
7.6.1.2.1 Commercial
7.6.1.2.1.1 Increasing narrow-body aircraft to grow the market for commercial aircraft
7.6.1.2.2 Business Aviation
7.6.1.2.2.1 Increase in corporate activities globally
7.6.1.2.3 Helicopters
7.6.1.2.3.1 Expanding applications of commercial helicopters
7.6.1.3 Military
7.6.1.3.1 Growing national security and special mission aircraft to drive the market
7.6.1.4 Unmanned Aerial Vehicles
TABLE 38 UAV DC-DC CONVERTER MARKET, BY AIRCRAFT TYPE, 2017–2020 (USD MILLION)
TABLE 39 UAV DC-DC CONVERTER MARKET, BY AIRCRAFT TYPE, 2021–2026 (USD MILLION)
7.6.1.4.1 Fixed Wing UAVs
7.6.1.4.1.1 Long duration flying hours to drive the market
7.6.1.4.2 Rotary Wing UAVs
7.6.1.4.2.1 Increasing application of rotary-wing UAVs for commercial and military purposes
7.6.2 LAND VEHICLES
TABLE 40 LAND VEHICLE DC-DC CONVERTER MARKET, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
TABLE 41 LAND VEHICLE DC-DC CONVERTER MARKET, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
7.6.2.1 Armored Vehicles
7.6.2.1.1 Rising demand for AVs for use in cross border conflicts
7.6.2.2 Ground support equipment (GSE)
7.6.2.2.1 Rising number of airport and electric GSE
7.6.3 SATELLITES
TABLE 42 SATELLITE DC-DC CONVERTER MARKET, BY SATELLITE TYPE, 2017–2020 (USD MILLION)
TABLE 43 SATELLITE DC-DC CONVERTER MARKET, BY SATELLITE TYPE, 2021–2026 (USD MILLION)
7.6.3.1 Rising demand for high output voltage for satellite communication
7.6.3.2 Small Satellite
7.6.3.2.1 Growing national security concerns along with geographic operations
7.6.3.3 Nano Satellite
7.6.3.3.1 Increasing demand for LEO-based services
7.6.3.4 Mini Satellite
7.6.3.4.1 Rising demand for telecom services
7.7 MEDICAL
7.7.1 THE HEALTHCARE SYSTEM THROUGHOUT REGIONS IS EXPANDING AT A VERY HIGH PACE
TABLE 44 MEDICAL DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 45 MEDICAL DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
7.8 RAILWAY
7.8.1 GROWING TRANSPORT INFRASTRUCTURE TO DRIVE THE MARKET
TABLE 46 RAILWAY DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 47 RAILWAY DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
7.9 SERVER, STORAGE, AND NETWORK
7.9.1 RISE IN DATA CENTERS IS EXPECTED TO BOOST THE GROWTH OF SERVER, STORAGE AND NETWORK
TABLE 48 SERVER, STORAGE, AND NETWORK DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 49 SERVER, STORAGE, AND NETWORK DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
7.10 CONSUMER ELECTRONICS
7.10.1 INCREASING NUMBER OF NEW ELECTRONIC GADGETS AND DIFFERENT ELECTRONIC INSTRUMENTS
TABLE 50 CONSUMER ELECTRONICS DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 51 CONSUMER ELECTRONICS DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
7.11 ENERGY AND POWER
TABLE 52 ENERGY AND POWER DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 53 ENERGY AND POWER DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 54 ENERGY AND POWER DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2017–2020 (USD MILLION)
TABLE 55 ENERGY AND POWER DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2021–2026 (USD MILLION)
7.11.1 OIL AND GAS
7.11.1.1 The rising middle east oil and gas industry
7.11.2 RENEWABLE ENERGY
7.11.2.1 Increasing demand for alternative sources of energy
7.11.3 LOW VOLTAGE DIRECT CURRENT (LVDC)
7.11.3.1 Increasing urbanization will drive the segment
7.12 MARINE
TABLE 56 MARINE DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 57 MARINE DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 58 MARINE DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2017–2020 (USD MILLION)
TABLE 59 MARINE DC-DC CONVERTER MARKET, BY SUBSEGMENT, 2021–2026 (USD MILLION)
7.12.1 COMMERCIAL
7.12.1.1 Increasing usage of electric ships for commercial purposes
7.12.2 MILITARY
7.12.2.1 Rise in technological developments in the field of marine propulsion system
8 DC-DC CONVERTER MARKET, BY FORM FACTOR (Page No. - 106)
8.1 INTRODUCTION
FIGURE 31 BRICK SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 60 DC-DC CONVERTER MARKET, BY FORM FACTOR, 2017–2020 (USD MILLION)
TABLE 61 DC-DC CONVERTER MARKET, BY FORM FACTOR, 2021–2026 (USD MILLION)
8.2 SIP
8.3 DIP
8.4 DIN RAIL
8.5 BOX
8.6 CHASSIS MOUNT
8.7 DISCRETE
8.8 BRICK
8.8.1 FULL BRICK
8.8.2 HALF BRICK
8.8.3 QUARTER BRICK
8.8.4 EIGHTH BRICK
8.8.5 SIXTEENTH BRICK
9 DC-DC CONVERTER MARKET, BY INPUT VOLTAGE (Page No. - 111)
9.1 INTRODUCTION
FIGURE 32 18-75 V SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 62 DC-DC CONVERTER MARKET, BY INPUT VOLTAGE, 2017–2020 (USD MILLION)
TABLE 63 DC-DC CONVERTER MARKET, BY INPUT VOLTAGE, 2021–2026 (USD MILLION)
9.2 <12 V
9.3 9-36 V
9.4 18-75 V
9.5 40-160 V
9.6 >200 V
10 DC-DC CONVERTER MARKET, BY OUTPUT VOLTAGE (Page No. - 114)
10.1 INTRODUCTION
FIGURE 33 12 V SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 64 DC-DC CONVERTER MARKET, BY OUTPUT VOLTAGE, 2017–2020 (USD MILLION)
TABLE 65 DC-DC CONVERTER MARKET, BY OUTPUT VOLTAGE, 2021–2026 (USD MILLION)
10.2 <2 V
10.3 3.3 V
10.4 5 V
10.5 12 V
10.6 15 V
10.7 24 V
10.8 >24 V
11 DC-DC CONVERTER MARKET, BY OUTPUT POWER (Page No. - 118)
11.1 INTRODUCTION
FIGURE 34 30-99 W SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 66 DC-DC CONVERTER MARKET, BY OUTPUT POWER, 2017–2020 (USD MILLION)
TABLE 67 DC-DC CONVERTER MARKET, BY OUTPUT POWER, 2021–2026 (USD MILLION)
11.2 0.5-9 W
11.3 10-29 W
11.4 30-99 W
11.5 100-250 W
11.6 250-500 W
11.7 500-1,000 W
11.8 >1,000 W
12 DC-DC CONVERTER MARKET, BY OUTPUT NUMBER (Page No. - 122)
12.1 INTRODUCTION
FIGURE 35 DUAL SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD
TABLE 68 DC-DC CONVERTER MARKET, BY OUTPUT NUMBER, 2017–2020 (USD MILLION)
TABLE 69 DC-DC CONVERTER MARKET, BY OUTPUT NUMBER, 2021–2026 (USD MILLION)
12.2 SINGLE OUTPUT
12.3 DUAL OUTPUT
12.4 TRIPLE OUTPUT
12.5 MULTIPLE OUTPUT
13 DC-DC CONVERTER MARKET, BY TYPE (Page No. - 125)
13.1 INTRODUCTION
FIGURE 36 ISOLATED SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 70 DC-DC CONVERTER MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 71 DC-DC CONVERTER MARKET, BY TYPE, 2021–2026 (USD MILLION)
13.2 ISOLATED DC-DC CONVERTER
13.3 NON-ISOLATED DC-DC CONVERTER
13.3.1 <10 A
13.3.2 10-20 A
13.3.3 20-50 A
13.3.4 50-100 A
14 DC-DC CONVERTERS MARKET, BY ISOLATION WORKING VOLTAGE (Page No. - 128)
14.1 INTRODUCTION
FIGURE 37 250-1,000 V SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 72 DC-DC CONVERTER MARKET, BY ISOLATION WORKING VOLTAGE, 2017–2020 (USD MILLION)
TABLE 73 DC-DC CONVERTERS MARKET, BY ISOLATION WORKING VOLTAGE, 2021–2026 (USD MILLION)
14.2 50-150 V
14.3 150-250 V
14.4 250-1,000 V
14.5 1,001-2,500 V
14.6 >2,500 V
15 DC-DC CONVERTER MARKET, BY REGION (Page No. - 132)
15.1 INTRODUCTION
FIGURE 38 DC-DC CONVERTER MARKET: REGIONAL SNAPSHOT
15.1.1 IMPACT OF COVID-19 ON DC-DC CONVERTER MARKET, BY REGION
FIGURE 39 IMPACT OF COVID-19 ON DC-DC CONVERTER MARKET
TABLE 74 DC-DC CONVERTER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 75 DC-DC CONVERTER MARKET, BY REGION, 2021–2026 (USD MILLION)
15.2 NORTH AMERICA
FIGURE 40 NORTH AMERICA: DC-DC CONVERTER MARKET SNAPSHOT
TABLE 76 NORTH AMERICA DC-DC CONVERTER MARKET, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 77 NORTH AMERICA DC-DC CONVERTER MARKET, BY VERTICAL, 2021–2026 (USD MILLION)
TABLE 78 NORTH AMERICA DC-DC CONVERTER MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 79 NORTH AMERICA DC-DC CONVERTER MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 80 NORTH AMERICA DC-DC CONVERT
