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DC-DC Converter Market Share

Report ID: GMI6976
Published Date: Oct 2023
Report Format: PDF

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DC-DC Converter Market Share

Players operating in the DC-DC converter industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. The strategies involve new product development & launches, partnerships & collaborations, mergers & acquisitions, customer retentions, and others. These players are also heavily investing in research & development to introduce innovative and technologically advanced solutions. Some of the major players operating in the DC-DC converter industry are mentioned below:

ABB
Analog Devices Inc.
Delta Electronics
Flex Ltd.
Infineon Technologies AG
TDK Lambda Corporation
Texas Instruments Incorporated

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for DC-DC converter exceeded USD 7 billion in 2022 and is anticipated to witness over 4.5% CAGR from 2023 to 2032 due to the increasing demand for industrial robots in the manufacturing and service sectors.

DC-DC converter market from the telecommunication end-use segment is expected to witness over 6.5% CAGR from 2032-2032 attributed to the surging need for enhanced network infrastructure and the proliferation of mobile & data-driven services.

Asia Pacific recorded over 30% share of the global DC-DC converter industry in 2022 due to the escalating demand for energy-efficient electronics, driven by rising consumer and industrial applications in the region.

Some of the well-known DC-DC converter firms are ABB, Analog Devices Inc., Delta Electronics, Flex Ltd., Infineon Technologies AG, TDK Lambda Corporation, and Texas Instruments Incorporated.