Global DC-DC Converter market has been significantly impacted by the covid-19 outbreak. The global DC-DC Converter industry key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreement, among others to influence the market growth. Ltd., General Electric (GE), Delta Electronics Inc., Vicor Corporation, TDK-Lambda Corporation, Traco Electronic AG, RECOM Power GmbH, among others are profiled in this report. The key players that have major global DC-DC Converter market share include Ericsson, Texas Instruments, Murata Manufacturing Co. The railway uses DC/DC converters of specification EN 50155 to meet the harsh environmental condition for application. Therefore, the applications in railway industry such as railway rolling stock, On-board and trackside application, industrial applications, high voltage battery-powered applications, and distributed power supply architectures, among others demand the use of DC-DC converters. This is because railway rolling stock uses a DC power distribution system so that batteries can be used to maintain electrical power in the event of a generator failure. Surge in Usage of DC-DC Converter in Railway ApplicationĭC/DC converters are used in railway environments to convert DC battery voltages to a lower voltage for usage in a variety of control and energy circuits. The DC-DC converter finds its application in computers, laptop, cellular phone, spacecraft power systems, buses, and lighting system, which are then used in various end uses such as consumer electronics, IT & telecommunication, energy & power, and automotive. As the demand for these portable devices is on the rise, the global DC-DC converter market is expected to witness growth. The DC-DC converters are increasingly used in portable electronic devices such as cellular phones, laptops, and computers. They are also used to isolate some highly sensitive components in a circuit from its other components to avoid any kind of damage. DC-to-DC converters are used to reduce High voltage DC input to low voltage DC output for some specific appliances. DC-DC converters are high-frequency power conversion circuits that use high-frequency switching and inductors, transformers, and capacitors to smooth out switching noise into regulated DC voltages.
The global DC-DC Converter market size was valued at $8.76 billion in 2019, and is projected to reach $17.85 billion by 2027, growing at a CAGR of 11.10% from 2020 to 2027.
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