The DC-DC Converter Market Detailed Analysis Of Current Industry Trends, Growth Forecast To 2026
Summary:
According to the new market research
report “DC-DC Converter Market” is published by Whipsmartmi.com
Keywords:
DC DC Converter Market, DC DC Converter industry, DC DC by input voltage market, DC DC by output voltage market, DC DC converter power market, DC DC converter products market, DC DC converter applications market, DC DC converter for telecommunication market
The DC-DC converter market is projected to grow at a CAGR 14.68% rate from 2021 to 2026. The major factors include the increasing demand for high performance & cost-effective electronic modules, adoption of IoT, and innovations in surgical equipment for digital power management & control.
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5V segment is expected to lead the market due to the growing demand for electric vehicles, small UAVs, medical equipment, and consumer electronics, among others. These verticals are powered with 48V or less input voltage, and this voltage is typically required to step down to a lower intermediate bus voltage, specifically to either 12V, 5V, or even lower, to power the boards support within the system.
APAC is projected to grow at the highest CAGR during the forecast period due to the increasing demand for electronics application such as laptops and cellphones. The telecom industry in APAC countries such as China, Japan South Korea, and Singapore are focusing on upgrading their network infrastructure for boosting 5G infrastructure, which will ultimately boost the demand for 5G-enabled devices, which will drive the market.
Key Market Players includes General Electric (GE) (U.S.), Ericsson (Sweden), Texas Instruments (U.S.), Murata Manufacturing Co. Ltd (Japan), and Delta Electronics, Inc. (Taiwan).
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