Automotive DC-DC Converter Market by Product Type (Isolated, Non-isolated), Propulsion System (Battery Electric Vehicle (BEV), Fuel Cell Electric Vehicle (FCV), Plug-in Hybrid Vehicle (PHEV)), Input Voltage, Output Voltage, Vehicle Type, Sales Channel - G

Automotive DC-DC Converter Market by Product Type (Isolated, Non-isolated), Propulsion System (Battery Electric Vehicle (BEV), Fuel Cell Electric Vehicle (FCV), Plug-in Hybrid Vehicle (PHEV)), Input Voltage, Output Voltage, Vehicle Type, Sales Channel - Global Forecast 2024-2030

The Automotive DC-DC Converter Market size was estimated at USD 10.59 billion in 2023 and expected to reach USD 11.61 billion in 2024, at a CAGR 9.62% to reach USD 20.14 billion by 2030.

The automotive DC-DC converter helps in converting and regulating the electrical voltage between the vehicle's onboard systems. Essentially, these converters play a crucial role in managing power distribution within an automobile. The increasing adoption of electric vehicles (EVs) is elevating the demand for DC-DC converters in managing power flow between different components in these vehicles. Additionally, the rising demand for advanced driver-assistance systems (ADAS) and in-vehicle electronics contributes to the market's expansion. The growing trend toward energy-efficient and eco-friendly automotive solutions further fuels the demand for DC-DC converters. Thermal management issues and the need for constant technological advancements hinder market growth. The integration of smart and connected technologies in vehicles necessitates sophisticated power management systems, including DC-DC converters. Furthermore, the ongoing technological advancements in the development of novel automotive DC-DC converters are expected to create opportunities for market growth.

Regional Insights

The Americas automotive DC-DC converter market is experiencing significant growth with the increasing adoption of electric vehicles (EVs). Moreover, the rising demand for advanced driver-assistance systems (ADAS) and in-vehicle electronics contributes to the expanding market in the Americas. The region's commitment to technological advancements and the integration of smart solutions in vehicle positions drives market growth in the Americas. In the Asia-Pacific region, the automotive DC-DC converter market is witnessing robust growth, driven by the rapid adoption of electric vehicles (EVs) and the flourishing automotive industry. The region's commitment to technological innovation and the emergence of smart and eco-friendly automotive solutions solidify Asia-Pacific's position as a key region in the automotive DC-DC converter market. In the EMEA region, the automotive DC-DC converter market is experiencing steady growth with an increasing focus on autonomous driving technology and the incorporation of advanced electronics in vehicles. As the automotive industry in the EMEA region continues to evolve towards sustainable and technologically advanced solutions, the market for DC-DC converters is poised for continued expansion.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Automotive DC-DC Converter Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Rising consumer preference for energy-efficient vehicles and electric vehicles
• Growing shift toward the integration of complex and advanced electronic systems into automobiles

Market Restraints

• High cost of development of automotive DC-DC converter

Market Opportunities

• Growing introduction of novel automotive DC-DC converters
• Expanding trend of automotive vehicle customization activities

Market Challenges

• Certain technical limitations with automotive DC-DC converter

Market Segmentation Analysis

• Product Type: Expanding usage of isolated DC-DC converters to protect sensitive electronic circuits from damage
• Propulsion System: Growing adoption of DC-DC converters in battery electric vehicles to ensure efficient power distribution
• Input Voltage: Growing usage of DC-DC converters with more than 70V range ​​in managing and regulating the power flow in systems
• Output Voltage: Increasing preference for 5V to 15V range-based DC_DC converters to ensure a stable and regulated power supply
• Vehicle Type: Rising adoption of DC-DC converters in commercial vehicles for the functioning of electrical components
• Sales Channel: Increasing availability of DC-DC converters across OEM channels for integration during the manufacturing phase

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Automotive DC-DC Converter Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Automotive DC-DC Converter Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Dayco to Partner with Tecno System and Monet, Creating An Electronics Competence Center, Bolstering Iits Electrified Propulsion Solutions Portfolio

Dayco Incorporated, Tecno System SPA, and Monet SRL have entered an equity agreement to establish a Competence Center in the electrified propulsion systems sector. Dayco aims to expand its range of electronic products in this partnership by developing comprehensive electro-mechanical systems for OEMs globally. This collaboration strengthens Tecno System's leadership in the zero-emission mobility industry and enhances Monet's expertise with the support of Dayco's of innovation and experience.

Micross Completes Acquisition of the High-Reliability DC-DC Converter Business of Infineon Technologies AG

Micross Components, Inc. acquired the High-Reliability DC-DC converter business from Infineon Technologies AG to expand its power management solution offerings and strengthen its presence in the high-growth space end market. The acquisition brings valuable proprietary intellectual property related to power management and state-of-the-art manufacturing capabilities, further solidifying Micross' position as a trusted one-stop source for high-quality products and services.

ROHM’s New DC/DC Converter IC for ADAS Achieves Best-in-Class-Leading Stable Operation QuiCur technology remarkably increases the design flexibility for power circuits in increasingly sophisticated automotive applications

ROHM Co., Ltd. has developed and released the BD9S402MUF-C buck DC/DC converter IC with an integrated MOSFET for automotive applications, including infotainment and ADAS. This IC is equipped with Nano Pulse Control ultra-high-speed pulse control technology and QuiCur high-speed load response technology.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Automotive DC-DC Converter Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Automotive DC-DC Converter Market, highlighting leading vendors and their innovative profiles. These include Avnet, Inc., Bel Fuse Inc., BorgWarner Inc., CET Technology, Continental AG, Delta Electronics, Inc., Denso Corporation, Eaton Corporation PLC, INVT Electric Vehicle Drive Technology (Shenzhen) Co., Ltd., LG Innotek Co., Ltd., Marelli Holdings Co., Ltd., Micross Components, Inc., MONET SRL, Mornsun Guangzhou Science & Technology Co., Ltd., Murata Manufacturing Co., Ltd., Panasonic Holdings Corporation, RECOM Power GmbH, Robert Bosch GmbH, ROHM Co., Ltd., Semiconductor Components Industries, LLC, Shindengen Electric Manufacturing Co., Ltd., STMicroelectronics International N.V., TDK Corporation, Toshiba Corporation, Toyota Industries Corporation, Vicor Corporation, and Wolfspeed, Inc..

Market Segmentation & Coverage

This research report categorizes the Automotive DC-DC Converter Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Product Type
• Isolated
• Non-isolated
• Propulsion System
• Battery Electric Vehicle (BEV)
• Fuel Cell Electric Vehicle (FCV)
• Plug-in Hybrid Vehicle (PHEV)
• Input Voltage
• 40- 70V
• Less than 40V
• More than 70V
• Output Voltage
• 5V to 15 V
• Less than 5 V
• More than 15 V
• Vehicle Type
• Commercial Vehicles
• Passenger Vehicles
• Sales Channel
• Aftermarket
• Original Equipment Manufacturer
• Region
• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year