DC-DC Converter Market by Vertical (Automotive, Aerospace, Medical, Telecommunication, Industrial), Form Factor (Full, Half, Quarter, Eight), Product Type, Output Power, Input Voltage, Output Voltage, Sales Channel, Output Number and Region - Forecast to 2025
出 版 商：MarketsandMarkets
出版日期：2019/07/23
頁 數：236頁
文件格式：PDF
價 格：
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USD 6,650 (Multi-User License)
USD 8,150 (Global-User License)
DC-DC converters market is projected to grow at a CAGR of 17.5% during the forecast period”
The DC-DC converters market is expected to grow from USD 8.5 billion in 2019 to USD 22.4 billion by 2025, at a CAGR of 17.5%. Factors such as the growing concern about global energy consumption, the introduction of advanced power saving architecture, the increasing demand for current requirements by the ICT industry, and the emergence of digital power management & control technologies are expected to drive the DC-DC converters market.
Isolated DC-DC converters projected to lead the global market during the forecast period
Isolated DC-DC converters are used in various sensitive applications, such as high voltage circuits, power metering systems, and healthcare systems, among others. These components have a strong resistance to noise and interference, thus providing the load with a cleaner DC power source. For instance, medical equipment are highly critical components, which require small-sized DC-DC converters of 1W or 2W output power, which are unregulated devices as the high isolation value and small case size is of more importance than a precise output voltage.
The telecommunication segment is estimated to lead the DC-DC converter market in 2019
By verticals, the telecommunication segment is expected to account for the largest share of the DC-DC converter market in 2019. With the rapid development of smartphones and the 4G & 5G infrastructure in the communication industry, the requirement for power supply for the communication equipment is also growing at a fast pace, resulting in driving the demand for DC-DC converters. For instance, China, Japan, and South Korea are focusing on installing a 5G base transceiver station to cater to the growing demand for communication.
“Sale of DC-DC converters via indirect channels is projected to grow at the highest CAGR during the forecast period”
Indirect channels include sales through distributors, agencies, and e-commerce portals in the global DC-DC converters market. The indirect segment involves lesser operational cost, which does not require the maintenance of a sales infrastructure. The trend towards e-commerce is increasing in the global DC-DC converters market, due to the easy accessibility to the internet.
Asia Pacific is expected to be the fastest-growing market for DC-DC converters.” Asia Pacific is expected to lead the global DC-DC converters market during the forecast period. Taiwan, China, and Japan are home to major DC-DC converter manufacturers. China, Japan, and South Korea are major producers of electronic devices such as laptops, cell phones, and integrated circuits, among others, which is driving the demand for DC-DC converters. The growing sales of these products are anticipated to augment the Asia Pacific DC-DC converter market growth.
The break-up of the profiles of primary participants in the DC-DC converter is as follows:
‧ By Company Type: Tier 1–35%, Tier 2–45%, and Tier 3–20%
‧ By Designation: C Level Executives–35%, Directors–25%, and Others–40%
‧ By Region: North America–45%, Europe–20%, Asia Pacific–30% and the Middle East & Africa (5%)
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), and Delta Electronics, Inc. (Taiwan), among others.
Research Coverage
This market study covers the DC-DC converter across various segments and subsegments. It aims at estimating the market size and growth potential of this market across different segments based on Input voltage, output voltage, Output power, product type, output number, Form factor, and region. This study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their product and business offerings, recent developments undertaken by them, and key market strategies adopted by them.
Reasons to Buy this Report
This report is expected to help market leaders/new entrants with information on the closest approximations of the revenue numbers for the DC-DC converter and its segments. This study is also expected to provide region wise details on the applications, where DC-DC converters are installed. This report aims at helping the stakeholders understand the competitive landscape of the market, gain insights to improve the position of their business and plan suitable go-to-market strategies. This report is also expected to help them understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities influencing the growth of the market.
The DC-DC converters market is expected to grow from USD 8.5 billion in 2019 to USD 22.4 billion by 2025, at a CAGR of 17.5%. Factors such as the growing concern about global energy consumption, the introduction of advanced power saving architecture, the increasing demand for current requirements by the ICT industry, and the emergence of digital power management & control technologies are expected to drive the DC-DC converters market.
Isolated DC-DC converters projected to lead the global market during the forecast period
Isolated DC-DC converters are used in various sensitive applications, such as high voltage circuits, power metering systems, and healthcare systems, among others. These components have a strong resistance to noise and interference, thus providing the load with a cleaner DC power source. For instance, medical equipment are highly critical components, which require small-sized DC-DC converters of 1W or 2W output power, which are unregulated devices as the high isolation value and small case size is of more importance than a precise output voltage.
The telecommunication segment is estimated to lead the DC-DC converter market in 2019
By verticals, the telecommunication segment is expected to account for the largest share of the DC-DC converter market in 2019. With the rapid development of smartphones and the 4G & 5G infrastructure in the communication industry, the requirement for power supply for the communication equipment is also growing at a fast pace, resulting in driving the demand for DC-DC converters. For instance, China, Japan, and South Korea are focusing on installing a 5G base transceiver station to cater to the growing demand for communication.
“Sale of DC-DC converters via indirect channels is projected to grow at the highest CAGR during the forecast period”
Indirect channels include sales through distributors, agencies, and e-commerce portals in the global DC-DC converters market. The indirect segment involves lesser operational cost, which does not require the maintenance of a sales infrastructure. The trend towards e-commerce is increasing in the global DC-DC converters market, due to the easy accessibility to the internet.
Asia Pacific is expected to be the fastest-growing market for DC-DC converters.” Asia Pacific is expected to lead the global DC-DC converters market during the forecast period. Taiwan, China, and Japan are home to major DC-DC converter manufacturers. China, Japan, and South Korea are major producers of electronic devices such as laptops, cell phones, and integrated circuits, among others, which is driving the demand for DC-DC converters. The growing sales of these products are anticipated to augment the Asia Pacific DC-DC converter market growth.
The break-up of the profiles of primary participants in the DC-DC converter is as follows:
‧ By Company Type: Tier 1–35%, Tier 2–45%, and Tier 3–20%
‧ By Designation: C Level Executives–35%, Directors–25%, and Others–40%
‧ By Region: North America–45%, Europe–20%, Asia Pacific–30% and the Middle East & Africa (5%)
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), and Delta Electronics, Inc. (Taiwan), among others.
Research Coverage
This market study covers the DC-DC converter across various segments and subsegments. It aims at estimating the market size and growth potential of this market across different segments based on Input voltage, output voltage, Output power, product type, output number, Form factor, and region. This study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their product and business offerings, recent developments undertaken by them, and key market strategies adopted by them.
Reasons to Buy this Report
This report is expected to help market leaders/new entrants with information on the closest approximations of the revenue numbers for the DC-DC converter and its segments. This study is also expected to provide region wise details on the applications, where DC-DC converters are installed. This report aims at helping the stakeholders understand the competitive landscape of the market, gain insights to improve the position of their business and plan suitable go-to-market strategies. This report is also expected to help them understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities influencing the growth of the market.
TABLE OF CONTENTS
1 INTRODUCTION 23
1.1 OBJECTIVES OF THE STUDY 23
1.2 MARKET DEFINITION 23
1.3 STUDY SCOPE 24
1.3.1 MARKETS COVERED 24
1.3.2 REGIONAL SCOPE 24
1.3.3 YEARS CONSIDERED FOR THE STUDY 25
1.4 CURRENCY & PRICING 25
1.5 LIMITATIONS 26
1.6 MARKET STAKEHOLDERS 26
2 RESEARCH METHODOLOGY 27
2.1 RESEARCH DATA 27
2.2 MARKET DEFINITION & SCOPE 29
2.2.1 SEGMENT DEFINITIONS 29
2.2.1.1 DC-DC converters market, by vertical 29
2.2.2 EXCLUSIONS 30
2.2.3 SECONDARY DATA 30
2.2.3.1 Key data from secondary sources 30
2.2.4 PRIMARY DATA 31
2.2.4.1 Key data from primary sources 31
2.2.4.2 Breakdown of primaries 32
2.3 RESEARCH APPROACH & METHODOLOGY 32
2.3.1 BOTTOM-UP APPROACH 33
2.3.1.1 Regional DC-DC converters market 33
2.3.1.2 DC-DC converters market for vertical 33
2.3.1.3 DC-DC converters market for input voltage segments 35
2.3.1.4 DC-DC converters market for output voltage segments 35
2.3.1.5 DC-DC converters for form factor 35
2.3.2 TOP-DOWN APPROACH 36
2.4 TRIANGULATION & VALIDATION 37
2.5 TRIANGULATION THROUGH SECONDARY RESEARCH 38
2.6 RESEARCH ASSUMPTIONS 38
3 EXECUTIVE SUMMARY 39
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4 PREMIUM INSIGHTS 44
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN DC-DC CONVERTERS MARKET 44
4.2 DC-DC CONVERTERS MARKET, BY VERTICAL 45
4.3 DC-DC CONVERTERS MARKET, BY PRODUCT TYPE 45
4.4 ASIA PACIFIC DC-DC CONVERTERS MARKET, BY FORM FACTOR 46
4.5 DC-DC CONVERTERS MARKET, BY AEROSPACE & DEFENSE 46
4.6 DC-DC CONVERTERS MARKET, BY REGION 47
5 MARKET OVERVIEW 48
5.1 INTRODUCTION 48
5.2 MARKET DYNAMICS 48
5.2.1 DRIVERS 49
5.2.1.1 Growing adoption of environment-friendly electric vehicles 49
5.2.1.2 Increasing use of DC-DC converters in electric/fully electric aircraft 50
5.2.1.3 Incorporating new power-saving architectures in DC-DC converters 52
5.2.1.4 Rising use of thick film hybrid DC-DC converters in space applications 52
5.2.1.5 Increasing power requirements of networking infrastructure 52
5.2.1.6 Growing requirement for reliable power supply units for use in out-patient care equipment 53
5.2.1.7 Rising demand for energy-efficient devices/appliances across the globe 53
5.2.1.8 Growing number of data centers across the globe 53
5.2.2 RESTRAINTS 54
5.2.2.1 Regulations and safety standards that vary from country to country 54
5.2.3 OPPORTUNITIES 55
5.2.3.1 Development of miniaturized DC-DC converters 55
5.2.3.2 Development of DC-DC converters with high switching frequencies 55
5.2.3.3 Increased demand for digital power-based DC-DC converters 55
5.2.4 CHALLENGES 56
5.2.4.1 Heating issues in DC-DC converters 56
5.2.4.2 Inability of DC-DC converters to switch-off during no-load situations 56
5.3 VALUE CHAIN ANALYSIS 57
6 INDUSTRY TRENDS 59
6.1 INTRODUCTION 59
6.2 EVOLUTION OF DC-DC CONVERTERS 59
6.3 KEY TRENDS IN DC-DC CONVERTERS MARKET 60
6.3.1 LOW POWER DEVICES 60
6.3.2 MINIATURIZATION OF DC-DC CONVERTERS 60
6.3.3 NEW ARCHITECTURES IN DC-DC CONVERTERS 61
6.3.4 INCREASED DEMAND FOR NON–ISOLATED POL CONVERTERS 61
6.3.5 USE OF THERMAL POTTING MATERIALS IN DC-DC CONVERTERS 61
6.3.6 SHIFT FROM ANALOG TO DIGITAL POWER MANAGEMENT IN DC-DC POWER MODULES 62
6.4 TECHNOLOGICAL ADVANCEMENTS IN DC-DC CONVERTERS 62
6.5 PATENT ANALYSIS 65
7 DC-DC CONVERTERS MARKET, BY VERTICAL 68
7.2 INTRODUCTION 69
7.3 AUTOMOTIVE 70
7.3.1 FUEL CELL VEHICLE (FCV) 70
7.3.1.1 Demand for Zero Emission Vehicles Will Uplift the Market 70
7.3.2 ELECTRIC VEHICLES (EVS) 71
7.3.2.1 Rising environment concerns towards carbon generated vehicle 71
7.3.3 HYBRID ELECTRIC VEHICLE (HEV) 71
7.3.3.1 Developed Economies are Focusing on the Adoption of Hybrid vehicle 71
7.3.4 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV) 71
7.3.4.1 Government Providing Tax Benefits and Incentives Will Boost the Demand 71
7.4 AEROSPACE & DEFENSE 72
7.4.1 AIRCRAFT 73
7.4.1.1 More electric aircraft are expected to drive the demand for dc-dc converter 73
7.4.2 UNMANNED AERIAL VEHICLES (UAVS) 73
7.4.2.1 Small and light. weighted dc-dc converter is expected to drive by the rising demand of UAVs 73
7.4.3 SATELLITES 73
7.4.3.1 Rising demand for high output voltage for satellite communication 73
7.5 TELECOMMUNICATIONS 74
7.5.1 CELLULAR PHONE 74
7.5.1.1 Decline in cellular phone pricing is expected to surge the demand 74
7.5.2 TOWERS 75
7.5.2.1 Rising demand for 5G network coverage to boost the growth of Towers 75
7.6 INDUSTRIAL ROBOTS 76
7.6.1 METALS 76
7.6.1.1 Requirement of Robust Actuators in Mining Industry Will Drive the Growth in This Market 76
7.6.2 CHEMICALS, PAPER, AND PLASTICS 76
7.6.2.1 Increasing Industrialization and Stringent Environmental Regulations are Driving the Market for Actuators in This Segment 76
7.6.3 AUTOMOTIVE 77
7.6.3.1 Increased Demand for Industrial Robots in Automotive Sector to Drive the Growth in This Segment 77
7.6.4 ELECTRONICS & ELECTRICALS 77
7.6.4.1 The Growth Can Be Attributed to Continuously Increasing Demand for Batteries, Chips and Displays 77
7.6.5 FOOD & BEVERAGES 77
7.6.5.1 The Need for Increased Automation and Enhancing the Capacity of Existing Plants are Expected to Drive the Market in Food & Beverages 77
7.7 SERVER, STORAGE, AND NETWORK 78
7.7.1 RISE IN DATA CENTERS IS EXPECTED TO BOOST THE GROWTH OF SERVER, STORAGE AND NETWORK 78
7.8 AUDIO VISUAL 78
7.8.1 RISE IN DEMAND FOR AUDIO VISUAL IN APAC REGION 78
7.9 MEDICAL 79
7.9.1 INCREASING NUMBER OF ACCREDITED CLINICAL LABORATORIES AND HOSPITAL LABORATORIES TO DRIVE DEMAND OF MEDICAL DEVICE 79
7.10 CONSUMER ELECTRONICS 80
7.10.1 INCREASING NUMBER OF NEW ELECTRONIC GADGETS AND DIFFERENT ELECTRONIC INSTRUMENTS IS DRIVING THE DEMAND FOR DC-DC CONVERTERS 80
8 DC-DC CONVERTERS MARKET, BY INPUT VOLTAGE 82
8.1 INTRODUCTION 83
8.2 <40V 86
8.2.1 THE ASIA PACIFIC REGION IS PROJECTED TO LEAD THE <40V SEGMENT OF THE MARKET DURING THE FORECAST PERIOD 86
8.3 40-70V 87
8.3.1 THE ASIA PACIFIC, REGION IS PROJECTED TO LEAD THE 40-70V SEGMENT OF THE INPUT VOLTAGE DC-DC CONVERTERS 87
8.4 >70V 87
8.4.1 THE ASIA PACIFIC REGION IS PROJECTED TO LEAD THE >70V SEGMENT OF INPUT VOLTAGE DC-DC CONVERTERS MARKET DURING THE FORECAST PERIOD 87
9 DC-DC CONVERTERS MARKET, BY OUTPUT VOLTAGE 88
9.1 INTRODUCTION 89
9.2 3.3V 91
9.2.1 RISE IN DEMAND FOR MEDICAL EQUIPMENT AND CONSUMER ELECTRONICS IS EXPECTED TO DRIVE THE DEMAND FOR 3.3V 91
9.3 5V 91
9.3.1 RISE IN CONSUMER ELECTRONICS TELECOMMUNICATION EQUIPMENTN IS EXPECTED TO DRIVE THE DEMAND FOR 5V 91
9.4 12V 92
9.4.1 RISE IN ELECTRIC VEHICLE AND TELECOMMUNICATION TOWER IS EXPECTED TO DRIVE THE DEMAND FOR 12V 92
9.5 15V 92
9.5.1 RISE IN DEMAND FOR MORE ELECTRIC AIRCRAFT IS EXPECTED TO BOOST THE GROWTH OF 15V 92
9.6 >24V 93
9.6.1 INCREASED IN DEMAND FOR HIGH VOLTAGE DEVICES 93
10 DC-DC C0NVERTERS MARKET, BY OUTPUT POWER 94
10.1 INTRODUCTION 95
10.2 <20W 96
10.2.1 FUNDING AND INFRASTRUCTURAL DEVELOPMENTS TO INCREASE THE DEMAND FOR MEDICAL EQUIPMENT AND SUBSEQUENTLY FOR MEDICAL POWER SUPPLIES OF OUTPUT POWER <20W 96
10.3 20-40W 97
10.3.1 GROWING DEMAND FOR MEDICAL EQUIPMENT AND ELECTRIC AUTOMOTIVE 97
10.4 40-100W 97
10.4.1 RISE IN TELECOMMUNICATION AND MEDICAL EQUIPMENT IS EXPECTED TO DRIVE THE DEMAND FOR 40-100W 97
10.5 >100W 98
10.5.1 COMPLEX DESIGN AND HIGH POWER MEDICAL EQUIPMENT IS EXPECTED TO DRIVE THE DEMAND FOR CONVERTERS OF >100W 98
11 DC-DC CONVERTERS MARKET, BY OUTPUT NUMBER 99
11.1 INTRODUCTION 100
11.2 SINGLE 101
11.2.1 SINGLE OUTPUT DC-DC CONVERTER IS EXPECTED TO LEAD IN APAC REGION 101
11.3 DUAL 102
11.3.1 MEDICAL VERTICAL IS EXPECTED TO DRIVE THE DEMAND FOR DUAL OUTPUT DC-DC CONVERTER 102
11.4 TRIPLE 102
11.4.1 APAC REGION TO DRIVE THE DEMAND FOR TRIPLE OUTPUT DC-DC CONVERTER MARKET 102
11.5 MULTIPLE 103
11.5.1 HIGH VOLTAGE APPLICATION IS EXPECTED TO DRIVE THE DEMAND FOR MULTIPLE OUTPUT DC-DC CONVERTER 103
12 DC-DC CONVERTERS MARKET, BY FORM FACTOR 104
12.1 INTRODUCTION 105
12.2 EIGHTH BRICK (1/8) 106
12.2.1 TELECOMMUNICATION AND MEDICAL EQUIPMENT IS EXPECTED TO DRIVE THE DEMAND FOR EIGHTH CRICK DEMAND 106
12.3 QUARTER BRICK 107
12.3.1 WIRELESS BASE STATIONS, EMBEDDED SYSTEMS, DATACOM TO DRIVE THE DEMAND FOR QUARTER BRICK 107
12.4 HALF BRICK (1/2) 107
12.4.1 INDUSTRIAL, TELECOMMUNICATIONS, AND DATA NETWORKING SYSTEMS IS EXPECTED TO DRIVE THE DEMAND FOR HALF BRICK 107
12.5 FULL BRICK 107
12.5.1 HIGH VOLTAGE MEDICAL EQUIPMENT IS EXPECTED TO DRIVE THE DEMAND FOR FULL BRICK DC-DC CONVERTER 107
12.6 SIXTEEN BRICK (1/16) 108
12.6.1 SIXTEEN BRICK IS PROJECTED TO GROW AT A HIGHEST RATE 108
13 DC-DC CONVERTERS MARKET, BY PRODUCT TYPE 109
13.2 INTRODUCTION 110
13.3 ISOLATED 111
13.3.1 RISE IN ELECTRIFICATION IN VARIOUS VERTICALS IS EXPECTED TO DRIVE THE DEMAND FOR ISOLATED CONVERTERS 111
13.4 NON-ISOLATED 112
13.4.1 HIGH EFFICIENCY AND LOW COST SPECIFICATION IS EXPECTED TO BOOST THE DEMAND FOR NON-ISOLATED CONVERTER 112
14 REGIONAL ANALYSIS 113
14.1 INTRODUCTION 114
14.2 NORTH AMERICA 115
14.2.1 US 119
14.2.1.1 Rising Cost of In-House Manufacturing is Encouraging Medical Device Companies to Adopt Contract Manufacturing as a Cost-Cutting Measure 119
14.2.2 CANADA 121
14.2.2.1 Increased investment in Canadian manufacturing industry 121
14.3 EUROPE 124
14.3.1 RUSSIA 128
14.3.1.1 Increasing demand for energy-efficient solutions and rising investment to develop the infrastructure of manufacturing 128
14.3.2 UK 130
14.3.2.1 The electronic & electrical equipment industry is prospering in this region 130
14.3.3 ITALY 132
14.3.3.1 High per capita income and advanced technologies in these industries translate 132
14.3.4 CZECH REPUBLIC 134
14.3.4.1 Leading manufacturer of passenger-car production 134
14.3.5 SLOVAKIA 136
14.3.5.1 Dominated by the automotive, electronics, medical, renewable energy, and telecommunications industries 136
14.3.6 FRANCE 138
14.3.6.1 Growth of the PHEVs market can be attributed to the higher fuel efficiency vehicle 138
14.3.7 GERMANY 140
14.3.7.1 The sales of hybrid vehicles have increased due to their increased fuel efficiency and long range 140
14.4 ASIA PACIFIC 142
14.4.1 CHINA 147
14.4.1.1 China’s automotive and electronic goods sectors are expected to drive the demand for DC-DC converters 147
14.4.2 JAPAN 149
14.4.2.1 Rising demand of 5G cellular infrastructure 149
14.4.3 INDIA 151
14.4.3.1 Increasing automation in indian industrial sectors to make manufacturing processes more efficient and meet global quality standards 151
14.4.4 SOUTH KOREA 153
14.4.4.1 The development of electric vehicle infrastructure is expected to drive the DC-DC converters market 153
14.4.5 SINGAPORE 155
14.4.5.1 5G, the next-generation mobile network technology, is expected to roll out globally 155
14.4.6 MALAYSIA 157
14.4.6.1 Malaysia is poised to become the preferred location for international companies 157
14.5 REST OF THE WORLD 160
14.5.1 UAE 163
14.5.1.1 UAE’s automotive, consumer electronics, and renewable energy sectors are expected to drive the market for DC-DC converters 163
14.5.2 SAUDI ARABIA 165
14.5.2.1 Rise in demand from the telecommunications, automotive, and healthcare sectors 165
14.5.3 TURKEY 167
14.5.3.1 Turkey is growing rapidly in terms of vehicles and charging infrastructure 167
14.5.4 BRAZIL 169
14.5.4.1 The government made to spur spending, as these manufacturers were going through the economic crisis 169
15 COMPETITIVE LANDSCAPE 172
15.1 INTRODUCTION 172
15.2 COMPETITIVE ANALYSIS 172
15.3 MARKET RANKING ANALYSIS 173
15.4 COMPETITIVE LEADERSHIP MAPPING 174
15.4.1 VISIONARY LEADERS 174
15.4.2 INNOVATORS 174
15.4.3 DYNAMIC DIFFERENTIATORS 174
15.4.4 EMERGING COMPANIES 174
15.5 STRENGTH OF PRODUCT PORTFOLIO 176
15.6 BUSINESS STRATEGY EXCELLENCE 177
15.7 COMPETITIVE SCENARIO 178
15.7.1 NEW PRODUCT LAUNCHES 178
15.7.2 PARTNERSHIPS, AGREEMENTS, AND ACQUISITIONS 180
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16 COMPANY PROFILES 182
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
16.1 TDK-LAMBDA CORPORATION 182
16.2 MURATA MANUFACTURING CO., LTD 185
16.3 DELTA ELECTRONICS, INC. 188
16.4 INFINEON TECHNOLOGIES AG 191
16.5 ARTESYN EMBEDDED TECHNOLOGIES 193
16.6 ASEA BROWN BOVERI LTD. 196
16.7 TEXAS INSTRUMENTS INCORPORATED. 200
16.8 FLEX LTD. 205
16.9 VICOR CORPORATION 209
16.10 FDK CORPORATION 213
16.11 TRACO ELECTRONICS AG 216
16.12 RECOM POWER GMBH 219
16.13 CRANE AEROSPACE & ELECTRONICS 221
16.14 STMICROELECTRONICS 223
16.15 BEL FUSE INC. 225
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
17 APPENDIX 228
17.1 DISCUSSION GUIDE 228
17.1 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 232
17.2 AVAILABLE CUSTOMIZATIONS 234
17.3 RELATED REPORTS 234
17.4 AUTHOR DETAILS 235
1 INTRODUCTION 23
1.1 OBJECTIVES OF THE STUDY 23
1.2 MARKET DEFINITION 23
1.3 STUDY SCOPE 24
1.3.1 MARKETS COVERED 24
1.3.2 REGIONAL SCOPE 24
1.3.3 YEARS CONSIDERED FOR THE STUDY 25
1.4 CURRENCY & PRICING 25
1.5 LIMITATIONS 26
1.6 MARKET STAKEHOLDERS 26
2 RESEARCH METHODOLOGY 27
2.1 RESEARCH DATA 27
2.2 MARKET DEFINITION & SCOPE 29
2.2.1 SEGMENT DEFINITIONS 29
2.2.1.1 DC-DC converters market, by vertical 29
2.2.2 EXCLUSIONS 30
2.2.3 SECONDARY DATA 30
2.2.3.1 Key data from secondary sources 30
2.2.4 PRIMARY DATA 31
2.2.4.1 Key data from primary sources 31
2.2.4.2 Breakdown of primaries 32
2.3 RESEARCH APPROACH & METHODOLOGY 32
2.3.1 BOTTOM-UP APPROACH 33
2.3.1.1 Regional DC-DC converters market 33
2.3.1.2 DC-DC converters market for vertical 33
2.3.1.3 DC-DC converters market for input voltage segments 35
2.3.1.4 DC-DC converters market for output voltage segments 35
2.3.1.5 DC-DC converters for form factor 35
2.3.2 TOP-DOWN APPROACH 36
2.4 TRIANGULATION & VALIDATION 37
2.5 TRIANGULATION THROUGH SECONDARY RESEARCH 38
2.6 RESEARCH ASSUMPTIONS 38
3 EXECUTIVE SUMMARY 39
?
4 PREMIUM INSIGHTS 44
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN DC-DC CONVERTERS MARKET 44
4.2 DC-DC CONVERTERS MARKET, BY VERTICAL 45
4.3 DC-DC CONVERTERS MARKET, BY PRODUCT TYPE 45
4.4 ASIA PACIFIC DC-DC CONVERTERS MARKET, BY FORM FACTOR 46
4.5 DC-DC CONVERTERS MARKET, BY AEROSPACE & DEFENSE 46
4.6 DC-DC CONVERTERS MARKET, BY REGION 47
5 MARKET OVERVIEW 48
5.1 INTRODUCTION 48
5.2 MARKET DYNAMICS 48
5.2.1 DRIVERS 49
5.2.1.1 Growing adoption of environment-friendly electric vehicles 49
5.2.1.2 Increasing use of DC-DC converters in electric/fully electric aircraft 50
5.2.1.3 Incorporating new power-saving architectures in DC-DC converters 52
5.2.1.4 Rising use of thick film hybrid DC-DC converters in space applications 52
5.2.1.5 Increasing power requirements of networking infrastructure 52
5.2.1.6 Growing requirement for reliable power supply units for use in out-patient care equipment 53
5.2.1.7 Rising demand for energy-efficient devices/appliances across the globe 53
5.2.1.8 Growing number of data centers across the globe 53
5.2.2 RESTRAINTS 54
5.2.2.1 Regulations and safety standards that vary from country to country 54
5.2.3 OPPORTUNITIES 55
5.2.3.1 Development of miniaturized DC-DC converters 55
5.2.3.2 Development of DC-DC converters with high switching frequencies 55
5.2.3.3 Increased demand for digital power-based DC-DC converters 55
5.2.4 CHALLENGES 56
5.2.4.1 Heating issues in DC-DC converters 56
5.2.4.2 Inability of DC-DC converters to switch-off during no-load situations 56
5.3 VALUE CHAIN ANALYSIS 57
6 INDUSTRY TRENDS 59
6.1 INTRODUCTION 59
6.2 EVOLUTION OF DC-DC CONVERTERS 59
6.3 KEY TRENDS IN DC-DC CONVERTERS MARKET 60
6.3.1 LOW POWER DEVICES 60
6.3.2 MINIATURIZATION OF DC-DC CONVERTERS 60
6.3.3 NEW ARCHITECTURES IN DC-DC CONVERTERS 61
6.3.4 INCREASED DEMAND FOR NON–ISOLATED POL CONVERTERS 61
6.3.5 USE OF THERMAL POTTING MATERIALS IN DC-DC CONVERTERS 61
6.3.6 SHIFT FROM ANALOG TO DIGITAL POWER MANAGEMENT IN DC-DC POWER MODULES 62
6.4 TECHNOLOGICAL ADVANCEMENTS IN DC-DC CONVERTERS 62
6.5 PATENT ANALYSIS 65
7 DC-DC CONVERTERS MARKET, BY VERTICAL 68
7.2 INTRODUCTION 69
7.3 AUTOMOTIVE 70
7.3.1 FUEL CELL VEHICLE (FCV) 70
7.3.1.1 Demand for Zero Emission Vehicles Will Uplift the Market 70
7.3.2 ELECTRIC VEHICLES (EVS) 71
7.3.2.1 Rising environment concerns towards carbon generated vehicle 71
7.3.3 HYBRID ELECTRIC VEHICLE (HEV) 71
7.3.3.1 Developed Economies are Focusing on the Adoption of Hybrid vehicle 71
7.3.4 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV) 71
7.3.4.1 Government Providing Tax Benefits and Incentives Will Boost the Demand 71
7.4 AEROSPACE & DEFENSE 72
7.4.1 AIRCRAFT 73
7.4.1.1 More electric aircraft are expected to drive the demand for dc-dc converter 73
7.4.2 UNMANNED AERIAL VEHICLES (UAVS) 73
7.4.2.1 Small and light. weighted dc-dc converter is expected to drive by the rising demand of UAVs 73
7.4.3 SATELLITES 73
7.4.3.1 Rising demand for high output voltage for satellite communication 73
7.5 TELECOMMUNICATIONS 74
7.5.1 CELLULAR PHONE 74
7.5.1.1 Decline in cellular phone pricing is expected to surge the demand 74
7.5.2 TOWERS 75
7.5.2.1 Rising demand for 5G network coverage to boost the growth of Towers 75
7.6 INDUSTRIAL ROBOTS 76
7.6.1 METALS 76
7.6.1.1 Requirement of Robust Actuators in Mining Industry Will Drive the Growth in This Market 76
7.6.2 CHEMICALS, PAPER, AND PLASTICS 76
7.6.2.1 Increasing Industrialization and Stringent Environmental Regulations are Driving the Market for Actuators in This Segment 76
7.6.3 AUTOMOTIVE 77
7.6.3.1 Increased Demand for Industrial Robots in Automotive Sector to Drive the Growth in This Segment 77
7.6.4 ELECTRONICS & ELECTRICALS 77
7.6.4.1 The Growth Can Be Attributed to Continuously Increasing Demand for Batteries, Chips and Displays 77
7.6.5 FOOD & BEVERAGES 77
7.6.5.1 The Need for Increased Automation and Enhancing the Capacity of Existing Plants are Expected to Drive the Market in Food & Beverages 77
7.7 SERVER, STORAGE, AND NETWORK 78
7.7.1 RISE IN DATA CENTERS IS EXPECTED TO BOOST THE GROWTH OF SERVER, STORAGE AND NETWORK 78
7.8 AUDIO VISUAL 78
7.8.1 RISE IN DEMAND FOR AUDIO VISUAL IN APAC REGION 78
7.9 MEDICAL 79
7.9.1 INCREASING NUMBER OF ACCREDITED CLINICAL LABORATORIES AND HOSPITAL LABORATORIES TO DRIVE DEMAND OF MEDICAL DEVICE 79
7.10 CONSUMER ELECTRONICS 80
7.10.1 INCREASING NUMBER OF NEW ELECTRONIC GADGETS AND DIFFERENT ELECTRONIC INSTRUMENTS IS DRIVING THE DEMAND FOR DC-DC CONVERTERS 80
8 DC-DC CONVERTERS MARKET, BY INPUT VOLTAGE 82
8.1 INTRODUCTION 83
8.2 <40V 86
8.2.1 THE ASIA PACIFIC REGION IS PROJECTED TO LEAD THE <40V SEGMENT OF THE MARKET DURING THE FORECAST PERIOD 86
8.3 40-70V 87
8.3.1 THE ASIA PACIFIC, REGION IS PROJECTED TO LEAD THE 40-70V SEGMENT OF THE INPUT VOLTAGE DC-DC CONVERTERS 87
8.4 >70V 87
8.4.1 THE ASIA PACIFIC REGION IS PROJECTED TO LEAD THE >70V SEGMENT OF INPUT VOLTAGE DC-DC CONVERTERS MARKET DURING THE FORECAST PERIOD 87
9 DC-DC CONVERTERS MARKET, BY OUTPUT VOLTAGE 88
9.1 INTRODUCTION 89
9.2 3.3V 91
9.2.1 RISE IN DEMAND FOR MEDICAL EQUIPMENT AND CONSUMER ELECTRONICS IS EXPECTED TO DRIVE THE DEMAND FOR 3.3V 91
9.3 5V 91
9.3.1 RISE IN CONSUMER ELECTRONICS TELECOMMUNICATION EQUIPMENTN IS EXPECTED TO DRIVE THE DEMAND FOR 5V 91
9.4 12V 92
9.4.1 RISE IN ELECTRIC VEHICLE AND TELECOMMUNICATION TOWER IS EXPECTED TO DRIVE THE DEMAND FOR 12V 92
9.5 15V 92
9.5.1 RISE IN DEMAND FOR MORE ELECTRIC AIRCRAFT IS EXPECTED TO BOOST THE GROWTH OF 15V 92
9.6 >24V 93
9.6.1 INCREASED IN DEMAND FOR HIGH VOLTAGE DEVICES 93
10 DC-DC C0NVERTERS MARKET, BY OUTPUT POWER 94
10.1 INTRODUCTION 95
10.2 <20W 96
10.2.1 FUNDING AND INFRASTRUCTURAL DEVELOPMENTS TO INCREASE THE DEMAND FOR MEDICAL EQUIPMENT AND SUBSEQUENTLY FOR MEDICAL POWER SUPPLIES OF OUTPUT POWER <20W 96
10.3 20-40W 97
10.3.1 GROWING DEMAND FOR MEDICAL EQUIPMENT AND ELECTRIC AUTOMOTIVE 97
10.4 40-100W 97
10.4.1 RISE IN TELECOMMUNICATION AND MEDICAL EQUIPMENT IS EXPECTED TO DRIVE THE DEMAND FOR 40-100W 97
10.5 >100W 98
10.5.1 COMPLEX DESIGN AND HIGH POWER MEDICAL EQUIPMENT IS EXPECTED TO DRIVE THE DEMAND FOR CONVERTERS OF >100W 98
11 DC-DC CONVERTERS MARKET, BY OUTPUT NUMBER 99
11.1 INTRODUCTION 100
11.2 SINGLE 101
11.2.1 SINGLE OUTPUT DC-DC CONVERTER IS EXPECTED TO LEAD IN APAC REGION 101
11.3 DUAL 102
11.3.1 MEDICAL VERTICAL IS EXPECTED TO DRIVE THE DEMAND FOR DUAL OUTPUT DC-DC CONVERTER 102
11.4 TRIPLE 102
11.4.1 APAC REGION TO DRIVE THE DEMAND FOR TRIPLE OUTPUT DC-DC CONVERTER MARKET 102
11.5 MULTIPLE 103
11.5.1 HIGH VOLTAGE APPLICATION IS EXPECTED TO DRIVE THE DEMAND FOR MULTIPLE OUTPUT DC-DC CONVERTER 103
12 DC-DC CONVERTERS MARKET, BY FORM FACTOR 104
12.1 INTRODUCTION 105
12.2 EIGHTH BRICK (1/8) 106
12.2.1 TELECOMMUNICATION AND MEDICAL EQUIPMENT IS EXPECTED TO DRIVE THE DEMAND FOR EIGHTH CRICK DEMAND 106
12.3 QUARTER BRICK 107
12.3.1 WIRELESS BASE STATIONS, EMBEDDED SYSTEMS, DATACOM TO DRIVE THE DEMAND FOR QUARTER BRICK 107
12.4 HALF BRICK (1/2) 107
12.4.1 INDUSTRIAL, TELECOMMUNICATIONS, AND DATA NETWORKING SYSTEMS IS EXPECTED TO DRIVE THE DEMAND FOR HALF BRICK 107
12.5 FULL BRICK 107
12.5.1 HIGH VOLTAGE MEDICAL EQUIPMENT IS EXPECTED TO DRIVE THE DEMAND FOR FULL BRICK DC-DC CONVERTER 107
12.6 SIXTEEN BRICK (1/16) 108
12.6.1 SIXTEEN BRICK IS PROJECTED TO GROW AT A HIGHEST RATE 108
13 DC-DC CONVERTERS MARKET, BY PRODUCT TYPE 109
13.2 INTRODUCTION 110
13.3 ISOLATED 111
13.3.1 RISE IN ELECTRIFICATION IN VARIOUS VERTICALS IS EXPECTED TO DRIVE THE DEMAND FOR ISOLATED CONVERTERS 111
13.4 NON-ISOLATED 112
13.4.1 HIGH EFFICIENCY AND LOW COST SPECIFICATION IS EXPECTED TO BOOST THE DEMAND FOR NON-ISOLATED CONVERTER 112
14 REGIONAL ANALYSIS 113
14.1 INTRODUCTION 114
14.2 NORTH AMERICA 115
14.2.1 US 119
14.2.1.1 Rising Cost of In-House Manufacturing is Encouraging Medical Device Companies to Adopt Contract Manufacturing as a Cost-Cutting Measure 119
14.2.2 CANADA 121
14.2.2.1 Increased investment in Canadian manufacturing industry 121
14.3 EUROPE 124
14.3.1 RUSSIA 128
14.3.1.1 Increasing demand for energy-efficient solutions and rising investment to develop the infrastructure of manufacturing 128
14.3.2 UK 130
14.3.2.1 The electronic & electrical equipment industry is prospering in this region 130
14.3.3 ITALY 132
14.3.3.1 High per capita income and advanced technologies in these industries translate 132
14.3.4 CZECH REPUBLIC 134
14.3.4.1 Leading manufacturer of passenger-car production 134
14.3.5 SLOVAKIA 136
14.3.5.1 Dominated by the automotive, electronics, medical, renewable energy, and telecommunications industries 136
14.3.6 FRANCE 138
14.3.6.1 Growth of the PHEVs market can be attributed to the higher fuel efficiency vehicle 138
14.3.7 GERMANY 140
14.3.7.1 The sales of hybrid vehicles have increased due to their increased fuel efficiency and long range 140
14.4 ASIA PACIFIC 142
14.4.1 CHINA 147
14.4.1.1 China’s automotive and electronic goods sectors are expected to drive the demand for DC-DC converters 147
14.4.2 JAPAN 149
14.4.2.1 Rising demand of 5G cellular infrastructure 149
14.4.3 INDIA 151
14.4.3.1 Increasing automation in indian industrial sectors to make manufacturing processes more efficient and meet global quality standards 151
14.4.4 SOUTH KOREA 153
14.4.4.1 The development of electric vehicle infrastructure is expected to drive the DC-DC converters market 153
14.4.5 SINGAPORE 155
14.4.5.1 5G, the next-generation mobile network technology, is expected to roll out globally 155
14.4.6 MALAYSIA 157
14.4.6.1 Malaysia is poised to become the preferred location for international companies 157
14.5 REST OF THE WORLD 160
14.5.1 UAE 163
14.5.1.1 UAE’s automotive, consumer electronics, and renewable energy sectors are expected to drive the market for DC-DC converters 163
14.5.2 SAUDI ARABIA 165
14.5.2.1 Rise in demand from the telecommunications, automotive, and healthcare sectors 165
14.5.3 TURKEY 167
14.5.3.1 Turkey is growing rapidly in terms of vehicles and charging infrastructure 167
14.5.4 BRAZIL 169
14.5.4.1 The government made to spur spending, as these manufacturers were going through the economic crisis 169
15 COMPETITIVE LANDSCAPE 172
15.1 INTRODUCTION 172
15.2 COMPETITIVE ANALYSIS 172
15.3 MARKET RANKING ANALYSIS 173
15.4 COMPETITIVE LEADERSHIP MAPPING 174
15.4.1 VISIONARY LEADERS 174
15.4.2 INNOVATORS 174
15.4.3 DYNAMIC DIFFERENTIATORS 174
15.4.4 EMERGING COMPANIES 174
15.5 STRENGTH OF PRODUCT PORTFOLIO 176
15.6 BUSINESS STRATEGY EXCELLENCE 177
15.7 COMPETITIVE SCENARIO 178
15.7.1 NEW PRODUCT LAUNCHES 178
15.7.2 PARTNERSHIPS, AGREEMENTS, AND ACQUISITIONS 180
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16 COMPANY PROFILES 182
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
16.1 TDK-LAMBDA CORPORATION 182
16.2 MURATA MANUFACTURING CO., LTD 185
16.3 DELTA ELECTRONICS, INC. 188
16.4 INFINEON TECHNOLOGIES AG 191
16.5 ARTESYN EMBEDDED TECHNOLOGIES 193
16.6 ASEA BROWN BOVERI LTD. 196
16.7 TEXAS INSTRUMENTS INCORPORATED. 200
16.8 FLEX LTD. 205
16.9 VICOR CORPORATION 209
16.10 FDK CORPORATION 213
16.11 TRACO ELECTRONICS AG 216
16.12 RECOM POWER GMBH 219
16.13 CRANE AEROSPACE & ELECTRONICS 221
16.14 STMICROELECTRONICS 223
16.15 BEL FUSE INC. 225
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
17 APPENDIX 228
17.1 DISCUSSION GUIDE 228
17.1 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 232
17.2 AVAILABLE CUSTOMIZATIONS 234
17.3 RELATED REPORTS 234
17.4 AUTHOR DETAILS 235
