DC-DC Converter Market

Acquisitions, expansions, new product development, partnerships & agreements, and investments for R&D are some of the strategies adopted by the key players in DC-DC Converters Market

The DC-DC converter market is projected to grow from USD 8.5 billion in 2019 to USD 22.4 billion by 2025, at a CAGR of 17.5% from 2019 to 2025. Telecommunication, automotive, industrial robotics, and aerospace & defense are some of the key end-users of these converters. The development and growth of these end-users are leading to the increasing adoption of DC-DC converters.

TDK lambda Corporation (Japan), Infineon Technologies (Germany), Texas Instrument (US), Vicor Corporation (US), General Electric (US), Ericsson (Sweden), Texas Instruments (U.S.), Murata Manufacturing Co., Ltd. (Japan), and Delta Electronics, Inc. (Taiwan), are some of the leading players operating in the DC-DC converter market. Acquisitions, expansions, new product development, partnerships & agreements, and investments for R&D are some of the strategies adopted by the key players to expand their presence in the market further.

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A leader in the DC-DC converters market, TDK-Lambda Corporation focuses on manufacturing and distributing power supplies for industrial equipment to its clients across the world. The company offers both isolated and non-isolated DC-DC converters. The company focuses extensively on research & development to stay ahead of the competition. It has research & development facilities in Japan, China, the US, and in some countries in Europe and Asia.

  • In January 2019, TDK-Lambda acquired Nextys SA (Switzerland), an innovator in providing solutions in the power electronics field and;
  • In May 2018, the company acquired Faraday Semi LLC (US), a semiconductor developer specializing in power management solutions, including point-of-load (POL) type DC-DC converters. These two acquisitions further strengthened TDK-Lambda’s position in the market.

As of 2018, Murata Manufacturing Co. Ltd., a multinational firm, was the second-largest company present in the DC-DC converters market. Founded in 1950, one of its core competencies include manufacturing DC-DC converters for mobile handsets, home appliances, automotive applications, energy management systems, and healthcare devices, among others. The company offers more than 350 types of DC-DC converters in a variety of form factors, ranging from ½ brick to 1/16 brick. In 2018, the company’s sales grew by 14.8% as compared to the previous year. The company draws strength from continually innovating, and 2018, the company launched more than four DC-DC converters.

  • In May 2018, Murata launched encapsulated DC-DC converters, designed specifically for use in industrial and railway applications. It provides power conversion efficiency, using the most recent component and packaging technologies in a fixed frequency switching power supply architecture.

Following Murata, Delta Electronics, Inc. held the third rank within the DC-DC converters market. The company offers DC-DC converters with an input range from 0W to over 100W. It has established itself as one of the world’s largest provider of switching power supplies and DC brushless fans. The company offers its products for industrial automation, building automation, data centers, telecom energy, renewable energy, display & monitoring, and electric vehicle charging. In 2018, the company’s sales grew by 6.0% as compared to the previous year. It operates in North America, Mainland China, and Taiwan, among others.

Related Reports:

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

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Report Code
AS 4591
RI Published ON
7/22/2019
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