The global DC-DC converters market is expected to grow from USD 3.46 billion in 2016 to USD 3.94 billion by 2021, at a CAGR of 2.66% from 2016 to 2021.

Objectives of the study

The objective of this study is to define, identify, analyze, and forecast the global DC-DC converters market�s trends, drivers, restraints, opportunities, and challenges on the basis of application, output number, input voltage, output voltage, output power, sales channel, form factor, product type, and geography. The report tries to segment the geographical market into the Americas, APAC and EMEA (Europe, Middle East, and Africa).

The report also focuses on the competitive landscape in this market by profiling companies based on their financial positions, product portfolios, growth strategies and analyzing their core competencies and market shares to anticipate the degree of competition prevailing in the market. This report also tracks and analyzes competitive developments such as partnerships, mergers & acquisitions (M&A), new product developments, and research & development (R&D) activities in the global market. 2015 was considered the base year and 2016 to 2021 was considered the forecast period for this market study.

Research Methodology

The research methodology used to estimate and forecast the global DC-DC converters market included the study of data on key DC-DC converter manufacturers� revenues globally through secondary sources, such as the World Trade Organization, European Power Supply Manufacturers Association, and, Power Sources Manufacturers Association. The bottom-up procedure was employed to arrive at the overall DC-DC converters market size from the revenue of key players in the market operating globally. After arriving at the overall market size, the total DC-DC converters market was split into several segments and sub-segments which were then verified through primary research by conducting extensive interviews with key industry experts, such as CEOs, VPs, directors, executives, and DC-DC converter engineers. These data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments. The breakdown of profiles of primaries is depicted in the below figure:

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Global DC-DC converters market ecosystem

The ecosystem of the global DC-DC converters market comprises original equipment manufacturers (OEMs) such as General Electric (GE) (U.S.) and Ericsson (Sweden), military and defense organizations such as U.S. DoD, NASA, and ISRO among others and the power supply industry. General Electric (GE) (U.S.), Ericsson (Sweden), Texas Instruments (U.S.), Murata Manufacturing Co. Ltd (Japan), Delta Electronics, Inc. (Taiwan) are some of the key manufacturers in the global DC-DC converters market, which cater to end-use industries such as communications, server storage and network, medical, consumer, and industrial among others.



Target Audience for this Report

DC-DC Converter Manufacturers

Original Equipment Manufacturers (OEMs)

Military and Defense Organizations

Electrical Equipment Service Providers and Distributors

Embedded Systems Manufacturers and Contractors

Electronic Devices Manufacturers and Service Providers

Automobile Industry and Aeronautics & Space Industry

Power Supply Industry

�This study answers several questions for the stakeholders, primarily, the market segments that they should focus upon during the next two to five years to prioritize their efforts and investments�.

Non-Isolated DC-DC converters

Non-Isolated DC-DC converters segment is estimated to grow at the highest CAGR

Non-Isolated DC-DC converters have certain advantages as compared to the isolated DC-DC converters. For instance, they are cheaper and can be used for negative ground DC applications in vehicles. The only issue with non-isolated DC-DC converters is that they offer no protection to the load for any voltage fluctuations from the input side. Non-isolated DC-DC converters provide comparatively less blockage for noise. Their applications include point-of-load modules, cellphones, CPU and memory power supplies, and so on.

Global DC-DC Converters Market Dynamics

Drivers

Growing focus on new avenues for power conservation

Emergence of new power saving architectures

Development of thick-film hybrid DC-DC converters for space applications

Increased high power requirements by ICT (Information & Communication Technology) industry

Development of digital power management and control system

Restraints

Inability of DC-DC converters to switch off during no load situation

Opportunities

Miniaturized DC-DC converters

Development of DC-DC converters with high switching frequencies

Challenges

Heating issues with DC-DC converters

Key questions

How will the global DC-DC converters market drivers, restraints and future opportunities affect the market dynamics and subsequent market analysis of the associated trends?

What are the key sustainability strategies adopted by global DC-DC converters market players?

What are the major technologies that are going to impact the market in future?

Who are the key competitors and their growth strategy?

What is the market share of countries in various sub-segments?

How companies are adapting to change in demand of DC-DC converters?

Scope of the Report:

Global DC-DC Converters Market, By Application

Communication

Server, Storage & Network

Industrial

Aerospace & Defense

Medical

Consumer

Global DC-DC Converters Market, By Output Number

Single Output

Dual Output

Three output

Global DC-DC Converters Market, By Input Voltage

<40V

40-70V

>70V

Global DC-DC Converters Market, By Output Voltage

3.3V

5V

12V

Global DC-DC Converters Market, By Output Power

<20W

20-40W

40-100W

Global DC-DC Converters Market, By Sales Channel

Direct

Indirect

Global DC-DC Converters Market, By Form Factor

Quarter Brick

Eighth Brick

Half Brick

Full Brick

Sixteen Brick

Others

Global DC-DC Converters Market, By Product Type

Isolated

Non-isolated

Global DC-DC Converters Market, By Geography

Americas

Asia-Pacific

EMEA

Available Customizations

Along with the market data, MarketsandMarkets offers customizations as per the specific needs of a company. The following customization options are available for this report:

Geographic Analysis

Further breakdown of the EMEA and Rest of the World markets

Company Information

Detailed analysis and profiles of additional market players (up to five)

Enterprise Competition

Upcoming Technologies

Key Strategies

Strategic Recommendations

The Global DC-DC converters market is expected to grow from USD 3.46 billion in 2016 to USD 3.94 billion by 2021, at a CAGR of 2.66%. Factors, such as growing concern towards global energy consumption, introduction of advanced power saving architectures, increasing demand in current requirements by the ICT industry, and the emergence of digital power management and control technologies are expected to drive the DC-DC converters market.

On the basis of application, the server, storage & network segment is growing at the highest CAGR. This growth can be attributed to the continuous increase in the number of data centers which demand energy efficiency and high performance. DC-DC converters fulfill the requirements of low voltage for these applications and ensure continuous power supply for optimal system performance.

On the basis of output number, three output is the fastest growing segment. The demand for three output is mainly driven due to the requirement of multiple outputs required for various on-board applications.

On the basis of input voltage, >70V is the fastest growing segment. The high voltage DC is more efficient to power future telecommunication and datacom systems such as 3G, 4G, and 5G systems. Thus the global rise in demand for 4G and 5G services will fuel the demand for DC-DC converters.

On the basis of output voltage, the 15V systems are projected to grow at the highest CAGR during the forecast period. The demand for 15V DC-DC converters is increasing owing to certain advantages over low voltage DC-DC converters such as the compact size, cost effectiveness, and greater power.

On the basis of output power, <20W is projected to have the highest CAGR. Increase in the demand for electronic goods in military for military aircraft and weapon systems, automation in the industrial sector and increase in the demand for health care equipment is driving the market for DC-DC converters globally.

On the basis of the sales channel, indirect sales has the highest CAGR in the global DC-DC converter market due to certain advantages for manufacturers such as lower operational cost, non-requirement of a sales infrastructure, and the boom in e-commerce.

The demand for increased power density is expected to be one of the major factors contributing to the growth of the quarter brick segment of the DC-DC converters market. It is expected that by form factor, the quarter brick segment is projected to have the highest market share throughout the forecast period.

On the basis of product type, the non-isolated DC-DC converters is the fastest growing segment. This segment is growing at a higher rate due to the increase in the global demand for cell phones, CPUs, memory power supplies, and point of load modules.

Regional Market Analysis

The global DC-DC converters market in the Asia-Pacific region is estimated to hold the largest market share in 2016, followed by the Americas. China, Japan and Taiwan are the major producers of electronic devices such as air conditioners, laptops, and cell phones, among others, which is expected to drive the demand for DC-DC converters to a large extent.

Companies present in North America are leaders in Global DC-DC Converters Market.

The global DC-DC converters market is diversified and competitive with the presence of a large number of players. The key players operational in the DC-DC converters market include General Electric (GE) (U.S.), Ericsson (Sweden), Texas Instruments (U.S.), Murata Manufacturing Co. Ltd (Japan), Delta Electronics Inc. (Taiwan), among others. These companies are playing an important role in the overall development of this industry by focusing on developing new products. General Electric and Ericsson are leading players in the DC-DC converters market globally. These companies have strong distribution networks, worldwide.

global DC-DC converters market industry analysis

Qualitative Market Analysis Quantitative Market Analysis Market dynamics and key challenges Market size estimates and forecast up to 2021 Industry and Technology Trends Market size estimates and forecasts up to 2021, by Application Innovation & Patent Registrations Market size estimates and forecasts up to 2021, by Form Factor Competitive Landscape & Competitive Scenario Market size estimates and forecasts up to 2021, by Sales Channel Company Profiles Market size estimates and forecasts up to 2021, by Input Voltage Market size estimates and forecasts up to 2021, by Output Voltage Market size estimates and forecasts up to 2023, by Output Number Market size estimates and forecasts up to 2023, by Output Power Market size estimates and forecasts up to 2023, by Product Type Regional market size forecasts

Growth of communication industry due to ever increasing mobile and internet usage

The communication segment is estimated to capture largest market share. This industry is considered as one of the most important industries, as most of the other industry�s operations are highly dependent on communication as a result of increased globalization. Communication has resulted in transforming the world into a single market. Moreover, there has been an increased adoption of broadband-enabled mobile devices. According to the International Telecommunication Union (ITU), in the present scenario, the mobile cellular penetration has reached the saturation stage with approximately seven billion subscriptions worldwide, representing 96% global penetration. Due to these factors, the communication industry is projected to evolve dynamically during the forecast period

Market share of global DC-DC converters, by power density - 2016 (%)

Communication

The communication segment is estimated to capture largest market share. This industry is considered as one of the most important industries, as most of the other industry�s operations are highly dependent on communication as a result of increased globalization. Communication has resulted in transforming the world into a single market. Moreover, there has been an increased adoption of broadband-enabled mobile devices. According to the International Telecommunication Union (ITU), in the present scenario, the mobile cellular penetration has reached the saturation stage with approximately seven billion subscriptions worldwide, representing 96% global penetration. Due to these factors, the communication industry is projected to evolve dynamically during the forecast period

Server, storage & network

Server, storage & network is expected due to grow due to various factors which includes the continuous increase in the number of data centers. These data centers stores the digital information generated across the globe. This application demands for energy efficiency and high performance

Industrial

DC-DC converters are used for a wide range of industrial applications, including process and assembly, process heating & cooling, and lighting, heating, and air conditioning for buildings & premises

Aerospace & Defense

The increase in defense spending will promote procurement of electronic warfare and robotics components, which will drive the market for DC-DC converters. In addition, the continued increase in passenger travel across the globe has led to the increase in production rates of commercial aircraft, which will also drive the market for DC-DC converters

Medical

The global medical industry is a rapidly growing industries in the world. It accounts expenses over 10% of gross domestic product of most developed nations. The DC-DC converter manufacturers are focused more into research and development of new products for medical application and designing smaller converters for critical medical equipment. The cost of medical technologies is high. The recent trends in the medical industry include personalization and precision of medical instruments and shifting product development from mass generalization to mass customization.

Consumer

The consumer segment include consumer electronics such as refrigerators, dishwashers, home air-conditioning units, digital cameras, televisions, ovens, gaming consoles, and fans. The trend of new electronic gadgets and different electronic instruments is driving the demand for DC-DC converters in this segment

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