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Report

Global DC-DC Converter Market Report and Forecast 2023-2028

Market Report I 2023-09-05 I 163 Pages I EMR Inc.

Global DC-DC Converter Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global DC-DC converter market reached a value of USD 11.32 billion in 2022. Aided by the escalating need for power-efficient electronic devices and the extensive application spectrum of DC-DC converters in diverse sectors, the market is projected to further grow at a CAGR of 6.09% between 2023 and 2028 to reach a value of USD 16.45 billion by 2028.
DC-DC converters, integral components in power management, are electronic circuits that convert direct current (DC) from one voltage level to another. These converters are essential for a wide array of devices ranging from mobile phones to satellites, ensuring optimal power usage. They have gained immense popularity owing to their capabilities in enhancing the efficiency of the devices, thereby prolonging their lifespan and reducing energy wastage.
One of the pivotal drivers bolstering the DC-DC converter market growth is the inexorable surge in the adoption of energy-efficient devices. As global awareness about energy conservation rises, there's an unceasing demand for devices that consume less power and offer superior performance. DC-DC converters, with their ability to facilitate efficient energy usage, stand at the forefront of this transition, making them indispensable in today's electronics-driven era.
Moreover, the expanding realm of electronics in various sectors, including healthcare, automotive, aerospace, and telecommunication, has further accentuated the DC-DC converter market's growth trajectory. For instance, in the automotive industry, the shift towards electric vehicles (EVs) has brought the DC-DC converter into the limelight, given its critical role in managing battery power efficiently.
The miniaturisation trend in electronics has also played a cardinal role in shaping the DC-DC converter market outlook. As devices become smaller and more integrated, there's an imperative need for compact power management systems. DC-DC converters, owing to their versatile designs and sizes, seamlessly fit into this evolving landscape, further amplifying their market appeal.
Another burgeoning domain where DC-DC converters are making substantial inroads is renewable energy systems. As the world pivots towards sustainable energy solutions, systems like solar panels and wind turbines are becoming omnipresent. These systems, which produce varying voltage levels based on environmental factors, necessitate DC-DC converters to ensure a consistent power supply.
Furthermore, with the proliferation of IoT (Internet of Things) devices, the global thrust towards a more interconnected world has indirectly spurred the DC-DC converter market demand. These IoT devices, which range from smart home systems to industrial sensors, require efficient power management to function optimally, thus amplifying the demand for DC-DC converters.
Market Segmentation
The market can be divided based on input voltage, output voltage, mounting style, application, and region.
Market Breakup by Input Voltage
- 5-36V
- 36-75V
- 75V and above
Market Breakup by Output Voltage
- 3.3V
- 5V
- 12V
- 15V and above
Market Breakup by Mounting Style
- Surface Mount
- Through Hole
Market Breakup by Application
- Smartphone
- Servers PCs
- EV Battery
- Railways
- Medical Equipment
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global DC-DC converter market. Some of the major players explored in the report by Expert Market Research are as follows:
- Texas Instruments Inc.
- Murata Manufacturing Co., Ltd.
- General Electric Company
- RECOM Power GmbH
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global DC-DC Converter Market Analysis
8.1 Key Industry Highlights
8.2 Global DC-DC Converter Historical Market (2018-2022)
8.3 Global DC-DC Converter Market Forecast (2023-2028)
8.4 Global DC-DC Converter Market by Input Voltage
8.4.1 5-36V
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 36-75V
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 75V and above
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global DC-DC Converter Market by Output Voltage
8.5.1 3.3V
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 5V
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 12V
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 15V and above
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.6 Global DC-DC Converter Market by Mounting Style
8.6.1 Surface Mount
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Through Hole
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.7 Global DC-DC Converter Market by Application
8.7.1 Smartphone
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Servers PCs
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 EV Battery
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Railways
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Medical Equipment
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
8.8 Global DC-DC Converter Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2022)
8.8.3.2 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2022)
8.8.4.2 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2022)
8.8.5.2 Forecast Trend (2023-2028)
9 North America DC-DC Converter Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe DC-DC Converter Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific DC-DC Converter Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America DC-DC Converter Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa DC- DC Converter Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Texas Instruments Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Murata Manufacturing Co., Ltd.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 General Electric Company
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 RECOM Power GmbH
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Others
16 Key Trends and Developments in the Market

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