The new report by Expert Market Research titled, ‘Global DC-DC Converter Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global DC-DC converter market, assessing the market based on its segments like input voltage, output voltage, major mounting styles, applications and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/dc-dc-converter-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 9.73 billion
- Forecast CAGR (2021-2026): 1%
The thriving smartphone segment is driving the DC-DC converter market. The rising disposable and discretionary middle-class income, especially in highly populated developing countries like China and India, can be attributed to the increased demand for smartphones. Furthermore, the rising integration of technologies like near-field communication (NFC) in smartphones necessitates the employment of DC-DC converters to improve device efficiency by enhancing the voltage level. This also gives users a hassle-free and simple experience, aiding the market growth for DC-DC converters. The prevalence of digitilisation and the shift to work from home amid the pandemic is surging the demand for smartphones and computers. Therefore DC-DC is becoming necessary in the modern-day world. Meanwhile, the rising application of the product for medical equipment and railways is likely to provide an impetus to the market. The rising investments from key players towards enhancing the DC-DC converter technology are expected to aid the market growth in the forecast period.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/dc-dc-converter-market
Industry Definition and Major Segments
A direct current (DC) to direct current (DC) converter is an electronic circuit or electromechanical device that converts a direct current (DC) source from one voltage level to another. These devicesare normally found in portable electronic devices like smartphones and laptops, powered mostly by batteries. These electrical devices frequently include multiple sub-circuits, each with its voltage level requirement that differs from that supplied by the battery or an external supply.
The DC-DC Converter market, on the basis of input voltage, can be segmented into:
- 5-36V
- 36-75V
- 75V and above
On the basis of output voltage, the market can be categorised into:
- 3V
- 5V
- 12V
- 15V and above
On the basis of major mounting styles, the market can be categorised into:
- Surface Mount
- Through Hole
On the basis of application, the market can be categorised into:
- Smartphone
- Servers PCs
- EV Battery
- Railways
- Medical Equipment
The regional markets for DC-DC Converter include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Among these, Asia Pacific is projected to account for a significant share of the DC-DC market in the forecast period.
Market Trends
The prevalence of electric vehicles (EV) across the globe is likely to aid the market as the product utilises DC-DC converters for power supply. Furthermore, the rising environmental concerns because of high carbon emissions from traditional gas-powered vehicles are expected to enhance the product demand further. The increasing efforts by the governments of various nations to promote electric vehicles (EV) through favourable initiatives is likely to be another key trend bolstering the market growth in the forecast period. The rapid technological advancements and increasing investments by key players to develop innovative solutions with the latest features are anticipated to contribute to the market growth significantly.
Key Market Players
The major players in the market are Texas Instruments Inc., Murata Manufacturing Co., Ltd., General Electric Company, RECOM Power Gmbh among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:-
Global Machine Tools Market: https://www.expertmarketresearch.com/reports/machine-tools-market
Global Male Grooming Products Market: https://www.expertmarketresearch.com/reports/male-grooming-products-market
Global Casein Market: https://www.expertmarketresearch.com/reports/casein-market
Global Cable Accessories Market: https://www.expertmarketresearch.com/reports/cable-accessories-market
Global Biopharmaceutical Market: https://www.expertmarketresearch.com/reports/biopharmaceutical-market
Global Bioherbicides Market: https://www.expertmarketresearch.com/reports/bioherbicides-market
Global Mayonnaise Market: https://www.expertmarketresearch.com/reports/mayonnaise-market
Global Bancassurance Market: https://www.expertmarketresearch.com/reports/bancassurance-market
Global Gluten-Free Oats Market: https://www.expertmarketresearch.com/reports/gluten-free-oats-market
Global E-Cigarette Market: https://www.expertmarketresearch.com/reports/e-cigarette-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: EMR Inc.
Contact Person: Sofia Williams, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
Read about United States medical cannabis market: https://expertmarketresearch-emr.blogspot.com/2021/07/united-states-medical-cannabis-market.html
Introducing Procurement Resources Services of EMR Inc.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
0 Comments:
Post a Comment