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The global DC-DC converter market was valued at US$ 9.81 Billion in 2021.
We expect the global DC-DC converter market to exhibit a CAGR of 7.80% during 2022-2027.
The growing adoption of DC-DC converter in electric vehicles to ensure high-efficiency energy
conversion, run vehicle accessories, and recharge the auxiliary battery is primarily driving the global
DC-DC converter market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations, resulting in the temporary closure of numerous
manufacturing units for DC-DC converter.
Based on the mounting style, the global DC-DC converter market has been divided into surface
mount and through hole, where through hole exhibits a clear dominance in the market.
Based on the input voltage, the global DC-DC converter market can be categorized into 5-36V, 36-
75V, and 75V and above. Currently, 5-36V holds the majority of the total market share.
Based on the output voltage, the global DC-DC converter market has been segmented into 3.3V, 5V,
12V, 15V and above. Among these, 5V represents the largest market share.
Based on the application, the global DC-DC converter market can be bifurcated into smartphone,
servers PCs, EV battery, railway, and others. Currently, smartphones account for the majority of the
total market share.
On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where Asia-Pacific currently dominates the global market.
Some of the major players in the global DC-DC converter market include ABB Ltd, Bel Fuse Inc., Delta
Electronics Inc., Fujitsu Limited, General Electric Company, Infineon Technologies AG, Meggitt plc,
Murata Manufacturing Co. Ltd., RECOM Power GmbH, STMicroelectronics, TDK Corporation, and
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