Automotive DC-DC Converter Market, by DC-DC Converter Type (Isolated and Non-isolated (Buck, Boost, etc.)), by Propulsion System (Hybrid EV (PHEV & HEV), EV/BEV, and Fuel Cell Vehicle (FCV)), by System (12 V system, 24 V System, and 48 V System & Above), by Vehicle Type (Passenger Cars and Commercial Vehicles), by Output Power (Upto 3 kW, 3 kW to 7 kW, 7 kW to 11 kW, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Introduction of devices to reduce fuel consumption such as the on and off system requires the use of two power systems in vehicles. The traditional 12 V lead-acid and 48 V lithium batteries are needed to start the engine. Thus, the need of bi-directional electric transfer between the two batteries has been increased, according to the specific needs of the overall system. The power regeneration systems also require a bidirectional electricity transfer in a vehicle.
Market Dynamics
Emerging economies such as Brazil, Colombia, and Mexico in Latin America region are expected to be growth engines for the automotive DC-DC convertor market during the forecast period. Various governments in these regions are providing tariff exemptions, and tax incentives for purchasing electric vehicles. Moreover, government initiative are propelling adoption of electric vehicles. For instance, in September 2018, Mexico government launched National Electric Mobility Strategy, through which the government is providing exemption on federal duty on new battery electric vehicles (BEVs) and hydrogen fuel cell vehicles (HCEVs). Moreover, In May 2018, Argentina launched National Electric Mobility Strategy program to develop charging infrastructure, promote electric vehicle production, and to gradually electrify new vehicles sold in the country.
Moreover, in July 2018, the Brazil government launched ‘Rota 2030’, an incentive program for car manufacturers through which the government is offering tax emption from 7% to 20% depending on the efficiency of the vehicle. The increasing demand for electric and hybrid vehicles is resulting in rising demand for automotive DC-DC convertors, as it is an integral part of electric vehicles.
Market Taxonomy
This report segments the global automotive DC-DC converter market on the basis of DC-DC Converter Type, Propulsion System, System, Vehicle Type, Output Power, and Region. On the basis of DC-DC Converter Type, global automotive DC-DC converter market is segmented into Isolated and Non-isolated (Buck, Boost, etc.). On the basis of propulsion system, the global automotive DC-DC converter market is segmented into Hybrid EV (PHEV & HEV), EV/BEV, and fuel cell vehicle (FCV). On the basis of system, the global automotive DC-DC converter market is segmented into 12 V system, 24 V system and 48 V system & above. On the basis of vehicle type, the global automotive DC-DC converter market is segmented into passenger cars and commercial vehicles. On the basis of output power, the global automotive DC-DC converter market is segmented into Upto 3 kW, 3 kW to 7 kW, 7 kW to 11 kW, and others. On the basis of region, global automotive DC-DC converter market is segmented into North America, Latin America, Europe, Asia pacific, and Middle East & Africa.
Key features of the study:
This report provides an in-depth analysis of the global automotive DC-DC converter market and provides market size (Volume Units) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global automotive DC-DC converter market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the global automotive DC-DC converter market include Bellnix Co., Ltd., BORGWARNER INC., Calex Manufacturing Co., Inc., Chang Sung Corporation, Continental AG, Delta Electronics, Inc., Deutronic Electronic Technology (Shenzhen) Co., Ltd., EGTRONICS Co., Ltd., FLEX LTD., Hangzhou TIECHENG Information Technology Co., Ltd, HELLA GmbH & Co. KGaA ,HIVRON Inc. , Inmotion Technologies AB, LG INNOTEK, MORNSUN Guangzhou Science & Technology Co., Ltd , Rhyl Co., Ltd, Ricoh Company, Ltd., Robert Bosch Gmbh, Rohm Co., Ltd., Shenzhen Xinrui Technology Co., Ltd, Shindengen Electric Manufacturing Co., Ltd., SILICON LABORATORIES, TDK Corporation, Toyota Industries Corporation, Valeo Group , VAPE (VAPEL), and Zhejiang Ximeng Electronic Technology Co., Ltd.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global automotive DC-DC converter market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global automotive DC-DC converter market
Detailed Segmentation:
Global Automotive DC-DC Converter Market, By DC-DC Converter Type:
Road Isolated
Non-isolated (Buck, Boost, etc.)
Global Automotive DC-DC Converter Market, By Propulsion System:
Hybrid EV (PHEV & HEV)
EV/BEV
Fuel Cell Vehicle (FCV)
Global Automotive DC-DC Converter Market, By System:
12 V system
24 V System
48 V System & Above
Global Automotive DC-DC Converter Market, By Vehicle Type:
Passenger Cars
Commercial Vehicles
Global Automotive DC-DC Converter Market, By Output Power:
Upto 3 kW
3 kW to 7 kW
7 kW to 11 kW
Others
Global Automotive DC-DC Converter Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Company Profiles
Bellnix Co., Ltd.**
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Key highlights
BORGWARNER INC.
Calex Manufacturing Co., Inc.
Chang Sung Corporation
Continental AG
Delta Electronics, Inc.
Deutronic Electronic Technology (Shenzhen) Co., Ltd.
EGTRONICS Co., Ltd.
FLEX LTD.
Hangzhou TIECHENG Information Technology Co., Ltd
HELLA GmbH & Co. KGaA
HIVRON Inc.
Inmotion Technologies AB
LG INNOTEK
MORNSUN Guangzhou Science & Technology Co., Ltd
Rhyl Co., Ltd
Ricoh Company, Ltd.
Robert Bosch Gmbh
Rohm Co., Ltd.
Shenzhen Xinrui Technology Co., Ltd
Shindengen Electric Manufacturing Co., Ltd.
SILICON LABORATORIES
TDK Corporation
Toyota Industries Corporation
Valeo Group
VAPE (VAPEL)
Zhejiang Ximeng Electronic Technology Co., Ltd.
**All the pointers will also be provided for the rest of the companies.
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