The space DC-DC converter market is projected to grow from USD 37 million in 2022 to USD 66 million by 2027, at a CAGR of 12.4% from 2022 to 2027. The global market for space DC-DC converter is expanding significantly, and a similar trend is anticipated to be seen during the projected period. The market is driven by factors such as miniaturization of space DC-DC converters, emergence of digital power management and control.
The major players are Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), Crane Co. (US), Infineon Technologies AG (Germany), and Vicor Corporation (US). These companies have well-equipped manufacturing and distribution networks across North America, Europe, Asia Pacific, Middle East, and Rest of the World.
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Texas Instruments Incorporated
Texas Instruments Incorporated is an American technology company that designs and manufactures semiconductors and various integrated circuits, which it sells to electronic designers and manufacturers globally. It is one of the top 10 semiconductor companies worldwide based on sales volume. The company also focuses on developing analog chips and embedded processors. Some of the products offered by the company include analog electronics-related products, calculators, digital signal processors, digital light processors, ICs, and embedded processors. The company also provides solutions for automotive, communication, industrial, personal electronics, and enterprise systems, among others. The DC-DC converters manufactured by Texas Instruments are used in drones and space equipment. The company has offices in the US, China, India, Israel, Japan, Mexico, the Russian Federation, South Korea, Taiwan, Vietnam, the UK, and several countries in Europe.
STMicroelectronics is a multinational manufacturer of electronics and semiconductors. It is the largest semiconductor chip maker in Europe (based on revenue). The company provides a variety of semiconductor products, such as amplifiers and comparators, audio ICs, automotive logic ICs, clocks and timers, microcontrollers, and switches. It operates through three business segments: Automotive and Discrete Group, Analog MEMS and Sensors Group, and Microcontrollers and Digital ICs Group. Through the Microcontrollers and Digital ICs Group business segment, the company offers DC-DC converters for the space industry.
Crane Co.s Aerospace & Electronics segment supplies critical systems and components to the aerospace & defense industry. Products manufactured by Crane are found in some of the toughest environments, such as engines and landing gears of aircraft, satellites, medical implants, missiles, and unmanned aerial systems. The product and service offerings include cabin systems, fluid management, landing systems, microelectronics, microwave systems, power & sensing systems, and utility systems. Products from Crane are manufactured under brand names such as ELDEC, Hydro-Aire, Interpoint, Keltic, Lear Romec, Merrimac, P.L. Porter, and Signal Technology. The above products and services are ISO 9001 and AS 9100 certified and committed to world-class processes.
Infineon Technologies AG
Infineon Technologies AG is one of the ten largest semiconductors manufacturers worldwide. It is a market leader in automotive and power semiconductors. The company offers microcontrollers, ICs, ESD protection diodes, and related products in the communication and power electronics domains. The company operates in 35 countries across Asia Pacific, Europe, the Middle East, Africa, North America, and South America.
Apart from providing products to the automotive, communication, consumer, industrial, and security sectors, the company offers customized products for the aerospace, defense, and space industries. It manufactures a variety of products, such as ASICs, automotive system ICs, battery management ICs, clocks & timing solutions, ESD and surge protection, HiRel, memories, microcontrollers, RF & wireless controls, sensors, security & smart card solutions, small signal transistors & diodes, and transceivers.
Vicor Corporation designs, manufactures, and markets modular power components that include power converters, power system components, and power systems using a patented, high-frequency power conversion technology designated for zero-current switchings. The company manufactures and sells complete configurable power systems, accessory products, and custom power solutions. It has a presence in several countries, such as China, Germany, Hong Kong, India, Italy, Japan, South Korea, Taiwan, and the U.K. Picor Corporation (US), Northwest Power, Inc. (US), Mission Power Systems, Inc. (US), and Vicor GmbH (Germany) are some of the subsidiaries of Vicor Corporation.
Space DC-DC Converter Market by Application, Type (Isolated, Non-Isolated), Form Factor (Chassis Mount, Enclosed, Brick, Discrete), Input Voltage (<12V, 12-40V, 40-75V, >75V), Output Voltage, Output Power, Platform, Type, & Region – Global Forecast to 2027
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