DC-DC Converter Market to offer a healthy CAGR of 3.2% during 2020-25
February 11, 2020
DC-DC Converter Market Overview:
DC-DC Converter Market for space is likely to witness a moderate CAGR of 3.2% during the forecast period. Increasing concern towards global energy consumption, growing demand in present requirements by the ICT industry, introduction of advanced power saving architectures, and the emergence of digital power management and control technologies are the major factors expected to bolster the growth of the global DC-DC converters market during the forecast period.
Report Overview:
This new report from Stratview Research analyses the DC-DC Converter Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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DC-DC Converter Market Segment Insights:
Server storage & Network: The growth engine
Based on the application type, the market is segmented as communication, server, storage & network, industrial, aerospace & defense, medical, and consumer. The server, storage & network segment is registering the highest growth. This growth of the segment is owing to the incessant increase in the number of data centers, which call for energy efficiency and high performance. DC-DC converters accomplish the requirements of low voltage for these applications and ascertain uninterrupted power supply for optimal system performance.
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https://www.stratviewresearch.com/toc/721/dc-dc-converter-market-for-space.html
Dominance of: Three Output subsegment and >70V
Based on the output number type, the market is segmented as single output, dual output, and three output. The three output subsegment is estimated to be the fastest-growing segment during the forecast period. The demand for three output is majorly driven by the demand for multiple outputs that are required for various on-board applications.
Based on the input voltage type, the market is segmented as 40V, 40-70V, and >70V. The >70V is estimated to be the fastest-growing segment. As the high voltage DC is more efficient to power future telecommunication and datacom systems, such as 3G, 4G, and 5G systems, the global rise in demand for 4G and 5G services will drive the demand for DC-DC converters during the forecast period.
A highly/moderately/fragment consolidated Market
Some of the major players in the DC-DC converter market for space are Airbus Group SE, Asp Equipment GmbH, Crane Aerospace and Electronics, Infineon Technologies AG, Modular Devices Inc., Microsemi Corporation, Synqor Inc., Sitael S.P.A, Thales Group, and UTC Aerospace Systems.
Regional Hegemony of North America & the dominance of Non-isolated DC-DC Converters
In terms of regions, the global DC-DC converters market in the Asia-Pacific region held the largest market share in 2018, followed by the Americas. The region is likely to continue its dominance during the forecast period. China, Japan and Taiwan are the major producers of electronic devices, such as laptops, air conditioners, and cell phones, among others, which is likely to bolster the demand for DC-DC converters to a great extent.
Based on the product type, the market is segmented as isolated and non-isolated. The non-isolated DC-DC converters are the faster-growing segment. This segment is growing at a higher rate owing to the upsurge in the global demand for CPUs, cell phones, memory power supplies, and point of load modules.
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