The Automotive DC-DC Converters Market Research report, it has become easy to gain global perspective for the international business. Focus groups and in-depth interviews are included for qualitative analysis whereas customer survey and analysis of secondary data has been carried out under quantitative analysis. This market research report acts as a very significant constituent of business strategy. This market report is a definite study of the Automotive DC-DC Converters Market industry which explains what the market definition, classifications, applications, engagements, and global industry trends are. Automotive DC-DC Converters Market report proves to be a sure aspect to help grow the business.

Most-detailed market segmentation, systematic analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets are the key aspects of the winning Automotive DC-DC Converters market report. This report puts light on the market strategies that are being adopted by the competitors and leading organizations. The report helps understand the most affecting driving and restraining forces in the market and its impact on the global market. It provides CAGR (compound annual growth rate) values along with its fluctuations for the specific forecast period. Automotive DC-DC Converters Market document gives insights and data that hold the power to truly make a difference to the client’s business.

Data Bridge Market Research analyses that the automotive DC-DC converters market is expected to reach the value of USD 14,005,385.14 thousand by 2029, growing at a CAGR of 29.2% in the forecast year of 2022-2029. The automotive DC-DC converters market report also covers pricing analysis, patent analysis, and technological advancements in depth.

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Automotive DC-DC Converters Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail as below:

Increase in Sales of Electric Vehicle Globally

The automotive industry is showing an enormous growth over the years owing to rising demand for luxurious electric vehicles. Some of the factors driving the sales of the electric vehicles include stringent government regulations toward vehicles emissions, increasing demand for high performance and low emission. It is reported by IEA (International Energy Agency) that consumers had spent USD 120 billion on electric car purchases in 2020, a 50% increase from 2019, which breaks down to a 41% increase in sales of electric cars. This resulted in increased demand for DC-DC converters in EVs.

Rise in Popularity of Mobility as a Service (MaaS) Model

The concept of Mobility as a Service (MaaS) has been gaining popularity within the electric automotive sector. Increasing number of manufacturers, Service providers, companies, policy makers and the public were focusing their attention on electric mobility for convenience.

Mobility-as-a-service describes a shift away towards mobility provided as a service from personally-owned modes of transportation due to various factors like increasing pollution levels, rapid urbanization, maintenance cost of vehicles and unavailability and restrictions of parking space in big cities around the world.

R&D Efforts to Integrate DC-DC Converters Into Commercial Vehicles

The global adoption of stringent emission norms for electric vehicles is motivating the automotive OEMs (Original equipment manufacturers) to integrate advanced technologies in their vehicle offerings to enhance their fuel efficiency. This has resulted in the development of electric drivetrain for medium and heavy commercial vehicles (M&HCVs). The electric drivetrain needs the integration of a DC-DC converter to ensure higher efficiency and better vehicle performance. Furthermore, the increase in sales of commercial vehicles has driven component manufacturers to upgrade their product offerings.

Higher Cost of Electronic Component in Electric Vehicle

The electric vehicles are best suitable for transportation and also for the environment as it would help to control the pressure over the air pollution. But the initial cost of electric vehicles are higher as compared to that of gasoline powered engine vehicles because it includes technologically upgraded components which has no harm to the environment, however the operational costs of the electric vehicles are cheaper than the gasoline powered engine vehicles.

Design Complications in DC-DC Converters

Generally, vehicle electrification is focused on the powertrain driven by electricity and its auxiliary systems such as on-board and off-board charging systems. In addition, an increasing electrical content and complexity coupled with shorter design cycles requires an optimum design team to continually improve the design methods.

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Key Players Mentioned in the Automotive DC-DC Converters Market Research Report:

MORNSUN Guangzhou Science & Technology Co.,Ltd, Robert Bosch GmbH, Continental AG, Sinpro Electronics Co., Ltd, Texas Instruments Incorporated, Infineon Technologies AG, DENSO CORPORATION, Vicor Corporation, RECOM Power GmbH, TDK Corporation, Vitesco Technologies, Deutronic Elektronik GmbH, Murata Manufacturing Co., Ltd, STMicroelectronics, Semiconductor Components Industries, LLC, TOYOTA INDUSTRIES CORPORATION, Inmotion, SHINDENGEN ELECTRIC MANUFACTURING CO., LTD, BorgWarner Inc., & Skyworks Solutions Inc., among others.

Automotive DC-DC Converters Market Segmentations:

Product Type

Isolated
Non-Isolated

Input Voltage

Below 40 V
40 V – 70 V
Above 70 V

Output Voltage

10.1 V – 15 V
5 V & Below
5.1 V – 10 V
15.1 V – 20 V
Above 20 V

Output Power

0.25 W – 250 W
251 W – 500 W
501 W – 1000 W
Above 1000 W

Propulsion Type

Hybrid & Plug-In Hybrid Electric Vehicle (HEV & PHEV)
Battery Electric Vehicle (BEV)
Fuel Cell Electric Vehicle (FCEV)

Vehicle Type

Passenger Vehicle
Commercial Vehicle

Geographic Segment Covered in the Report:

The countries covered in the Automotive DC-DC Converters market report are U.S., Canada and Mexico in North America, Brazil, Argentina, Peru, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa.

The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

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Key Benefits:

This research offers a comprehensive analysis of current trends, projections, and dynamics for the years, with the goal of assisting in the identification of current market opportunities.
The individual market revenue of the major countries in each area is mapped.
The research examines the Automotive DC-DC Converters Market circumstances on a regional and country-by-country basis.
The Automotive DC-DC Converters Market’s major participants have been identified.
To understand the competitive environment across geographies, this study assesses the competitive landscape and conducts a value chain analysis.
An in-depth analysis of the Automotive DC-DC Converters Market’s segmentation within the market has been offered, which is predicted to aid in the current market opportunities.

Table of Contents

Part 01: Executive Summary
Part 02: Scope of the Automotive DC-DC Converters Market Report
Part 03: Global Automotive DC-DC Converters Market Landscape
Part 04: Global Automotive DC-DC Converters Market Sizing
Part 05: Global Automotive DC-DC Converters Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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About Data Bridge Market Research, Private Ltd

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