The Automotive DC-DC Converters Global Market Report 2023 by The Business Research Company, provides automotive dc-dc converters market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.
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According to The Business Research Company’s Automotive DC-DC Converters Global Market Report 2023, the market size is expected to grow from$0.45 billion in 2022 to $0.63 billion in 2023 at a compound annual growth rate (CAGR) of 40.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the automotive DC-DC converter is expected to grow to $2.28 billion in 2027 at a CAGR of 37.6%.
The increase in the adoption of electric vehicles contributed to the growth of the automotive DC-DC converter market. The output of the batteries in an electric vehicle is several hundred of volts but the components inside the vehicles require different voltages and most of the components run on lower voltage such as air-conditioning and in-built displays. The automotive DC-DC converter turns the high voltage into low voltage or low voltage to high
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The automotive dc-dc converters market is segmented:
1) By Propulsion Type: Battery Electric Vehicle (BEV), Fuel Cell Electric Vehicle (FCEV), Plug-in Hybird Vehicle (PHEV)
2) By Product-Type: Isolated, Non-Isolated
3) By Input Voltage: < 40V, 40-70V, >70V
4) By Output Power: <1kW, 1-10kW, 10-20kW, >20kW
5) By Application: Passenger Vehicle, Commercial Vehicle
Synchronous buck DC-DC converters are increasingly being produced by automotive DC-DC converter manufacturers. Synchronous buck DC-DC converters produce a regulated voltage lower than its input voltage and deliver high currents with minimizing power loss. For instance, ROHM announced a series of automotive synchronous buck DC-DC converters that have reliability and low power consumption in a compact form. These converters are used in applications such as radars, cameras, and sensors that are used for assisted driving.
The automotive dc-dc converters market report table of contents includes:
1. Executive Summary
2. Automotive DC-DC Converters Market Characteristics
3. Automotive DC-DC Converters Market Trends And Strategies
4. Automotive DC-DC Converters Market – Macro Economic Scenario
5. COVID-19 Impact On Automotive DC-DC Converters Market
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26. Africa Automotive DC-DC Converters Market
27. Automotive DC-DC Converters Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive DC-DC Converters Market
29. Automotive DC-DC Converters Market Future Outlook and Potential Analysis
30. Appendix
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