The global DC-DC converter market size is projected to grow from USD 4.9 billion in 2022 to USD 6.4 billion by 2027, at a CAGR of 5.1% from 2022 to 2027. The market is driven by various factors, such as rise in demand industrial robots, growing aerospace industry and rising energy and power industrial sector.
TDK Lambda Corporation (Japan), Murata Manufacturing (Japan), Flex Ltd. (Singapore), Delta Electronics (Taipei), Infineon Technologies AG (Germany), and Texas Instruments Incorporated (US), among others, are some of the leading players operating in the DC-DC converter market. These players have adopted various organic and inorganic growth strategies to strengthen their position in the market. These include contracts, agreements, and research & development (R&D) activities further to expand their presence in the DC-DC converter market.
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Murata Manufacturing Incorporated was ranked first in the DC-DC converter market in 2021. Murata Power Solutions designs, manufactures, and distributes DC-DC Power Converters, AC-DC Power Supplies, Magnetics, Digital Panel Meters, and Open Compute Datacenter Solution product lines which are offered in custom, standard and modified-standard variations.
Texas Instruments Was ranked second in the DC-DC converter market in 2021. The company designs and manufactures semiconductors and various integrated circuits for electronics designers and manufacturers globally. Products offered by the company include several analog electronics, calculators, digital signal processors, digital light processors, ICS, and embedded processors.
Infineon Technologies was ranked third in the DC-DC converter market in 2021. Infineon is one of the largest manufacturers of semiconductors worldwide. The company offers products such as microcontrollers, ICs, ESD protection diodes, and products in the communication and power electronics domain.
DC-DC Converter Market by Vertical, Form Factor (SIP, DIP, DIN Rail, Box, Chassis Mount, Discreter, Brick), Input Voltage, Output Voltage, Output Power, Output Number, Product Type, Isolation Working Voltage and Region – Global Forecast to 2027
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