Automotive DC-DC Converter Market, By DC-DC Converter Type (Non-Isolated, and Isolated), By End User (Hybrid EV, EV/BEV, and Fuel Cell Vehicle), By System (12 V system, 24 V System, and 48 V System & Above), By Vehicle Type (Passenger Cars and Commercial
Automotive DC-DC Converter Market, By DC-DC Converter Type (Non-Isolated, and Isolated), By End User (Hybrid EV, EV/BEV, and Fuel Cell Vehicle), By System (12 V system, 24 V System, and 48 V System & Above), By Vehicle Type (Passenger Cars and Commercial Vehicles), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
Global automotive DC-DC converter market has been gaining significant traction over the past few years, owing to the rising adoption of electric and hybrid vehicles worldwide. A DC-DC converter is an electronic circuit that converts a source of direct current (DC) from one voltage level to another. In the automotive sector, DC-DC converters play a vital role in regulating and managing the voltage levels from the primary battery to charge smaller devices and systems within electric and hybrid vehicles. They help stabilize the power being delivered to various components like infotainment systems, Advanced Driver Assistance Systems (ADAS) technologies, and others. With stringent emissions norms pushing automakers to focus on green mobility solutions, the demand for electric and hybrid vehicles has experienced substantial growth globally in recent times, thus driving the need for efficient DC-DC converters.
Market Dynamics:
Global automotive DC-DC converter market is projected to witness noteworthy expansion in the upcoming years based on several factors. Growing sales of electric vehicles (EVs) across major economies due to stringent carbon emission regulations and rising environmental concerns have significantly boosted the demand for automotive DC-DC converters. In addition, increasing integration of advanced driver-assistance systems (ADAS) and connectivity features in modern vehicles has also created opportunities for DC-DC converter manufacturers. However, high costs associated with manufacturing cutting-edge converter ICs could impact market growth to a certain extent. Meanwhile, ongoing R&D for developing compact converter solutions provides promising avenues.
Key Features of the Study:
This report provides in-depth analysis of the global automotive DC-DC converter market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global automotive DC-DC converter market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Bellnix Co., Ltd., BORGWARNER INC. (DELPHI TECHNOLOGIES, PLC), Calex Manufacturing Co., Inc., (Murata Power Solutions, 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, and Ricoh Company, Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type 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, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive DC-DC converter market
Market Segmentation
By DC-DC Converter Type Insights (Revenue, USD, 2019 - 2031)
Non-Isolated (Buck, Boost, etc.)
Isolated
By End User Insights (Revenue, USD, 2019 - 2031)
Hybrid EV (PHEV & HEV)
EV/BEV
Fuel Cell Vehicle (FCV)
By System Insights (Revenue, USD, 2019 - 2031)
12 V system
24 V System
48 V System & Above
By Vehicle Type Insights (Revenue, USD, 2019 - 2031)
Passenger Cars
Commercial Vehicles
Regional Insights (Revenue, USD, 2019 - 2031)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
Bellnix Co.,Ltd.
BORGWARNER INC. (DELPHI TECHNOLOGIES, PLC)
Calex Manufacturing Co., Inc., (Murata Power Solutions, Inc.)