Automotive DC-DC Converter Market by Product Type, Propulsion System, Input Voltage, Output Voltage, Vehicle Type, Sales Channel

Description

List of Tables

[186 Pages Report] The Automotive DC-DC Converter Market size was estimated at USD 10.59 billion in 2023 and expected to reach USD 11.61 billion in 2024, at a CAGR 9.62% to reach USD 20.14 billion by 2030.

The automotive DC-DC converter helps in converting and regulating the electrical voltage between the vehicle's onboard systems. Essentially, these converters play a crucial role in managing power distribution within an automobile. The increasing adoption of electric vehicles (EVs) is elevating the demand for DC-DC converters in managing power flow between different components in these vehicles. Additionally, the rising demand for advanced driver-assistance systems (ADAS) and in-vehicle electronics contributes to the market's expansion. The growing trend toward energy-efficient and eco-friendly automotive solutions further fuels the demand for DC-DC converters. Thermal management issues and the need for constant technological advancements hinder market growth. The integration of smart and connected technologies in vehicles necessitates sophisticated power management systems, including DC-DC converters. Furthermore, the ongoing technological advancements in the development of novel automotive DC-DC converters are expected to create opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 10.59 billion
Estimated Year [2024]	USD 11.61 billion
Forecast Year [2030]	USD 20.14 billion
CAGR (%)	9.62%

Product Type: Expanding usage of isolated DC-DC converters to protect sensitive electronic circuits from damage

Isolated DC-DC converters are extensively used when there is a requirement to convert high-voltage DC to low-voltage DC in order to protect sensitive electronic circuits from damage. Isolated DC-DC converters demonstrate a growth trend owing to the increasing deployment of electric vehicles (EVs) and hybrid electric vehicles (HEVs) that require higher voltage systems. Non-isolated DC-DC converters find primary application in conventional gasoline vehicles for operations, including reducing the 12V DC to a lower voltage level. They also find use in devices needing a smaller transformation ratio of the input voltage or in systems with common ground for input and output. Such converters are significant due to their cost-effectiveness and high-efficiency conversion rate. However, with the growing trend toward electric and hybrid vehicles, this segment could witness tempered growth in the coming years.

Propulsion System: Growing adoption of DC-DC converters in battery electric vehicles to ensure efficient power distribution

In battery electric vehicles (BEVs), where the primary source of propulsion is the electric battery, DC-DC converters are essential for managing and regulating the voltage between the battery and other vehicle components. They ensure efficient power distribution and contribute to the overall performance and reliability of the electric propulsion system. In fuel cell electric vehicles (FCVs), which utilize fuel cells to generate electricity for propulsion, DC-DC converters are crucial for converting the high-voltage output from fuel cells to levels suitable for powering the vehicle's electrical systems. This conversion ensures compatibility and optimal functioning of various components within the vehicle. Plug-in hybrid vehicles (PHEVs), combining both electric and internal combustion engine propulsion, rely on seamless transitions between electric and hybrid modes. DC-DC converters in PHEVs facilitate the coordination between the battery and internal combustion engine, ensuring a smooth transition between power sources and contributing to the overall efficiency of the hybrid propulsion system.

Input Voltage: Growing usage of DC-DC converters with more than 70V range in managing and regulating the power flow in systems

DC-DC converters within the 40-70V range are optimized to handle input voltages between 40 and 70 volts. This range is common in various automotive applications where the electrical systems operate within this specified voltage range. These converters ensure efficient power conversion and distribution for components requiring voltages within this spectrum. Some automotive systems or components may operate with input voltages below 40 volts. DC-DC converters designed for this range are crucial for stepping up or down voltages as needed, ensuring proper power supply to these components. This is common in low-voltage systems within vehicles. For certain high-voltage applications in automotive systems, DC-DC converters capable of handling input voltages exceeding 70 volts become essential. These converters play a key role in managing and regulating the power flow in systems that operate at higher voltage levels, contributing to the overall efficiency and reliability of such automotive components.

Output Voltage: Increasing preference for 5V to 15V range-based DC_DC converters to ensure a stable and regulated power supply

DC-DC converters within the 5V to 15V range are designed to produce output voltages between 5 and 15 volts. This range is commonly used to power a variety of automotive components, such as sensors, control units, and communication modules. These converters ensure a stable and regulated power supply within this specified voltage spectrum. Some automotive systems or components operate with lower output voltages, often requiring less than 5 volts. DC-DC converters tailored for this range are essential for stepping down voltages to meet the specific needs of these components. This is common in applications where low-voltage power is critical, such as certain sensor systems. For certain automotive applications that demand higher output voltages exceeding 15 volts, specialized DC-DC converters are employed. These converters play a crucial role in stepping up voltages to meet the requirements of components operating at elevated voltage levels, ensuring optimal performance and functionality.

Vehicle Type: Rising adoption of DC-DC converters in commercial vehicles for the functioning of electrical components

DC-DC converters are crucial components in the electrical systems of commercial vehicles, including trucks, buses, and other fleet vehicles. They play a vital role in managing power distribution for various systems within commercial vehicles, ensuring reliable performance and efficiency in demanding operational conditions. In passenger vehicles, such as cars and SUVs, DC-DC converters contribute to the effective functioning of electrical components, and supporting features such as infotainment systems, lighting, sensors, and more. They play a key role in optimizing power usage and enhancing the overall performance of these vehicles.

Sales Channel: Increasing availability of DC-DC converters across OEM channels for integration during the manufacturing phase

DC-DC converters are available in the aftermarket for vehicle owners and technicians seeking replacement or upgrade options. Aftermarket channels provide flexibility for customization and maintenance, allowing consumers to choose converters that suit their specific vehicle needs. DC-DC converters are integrated into vehicles during the manufacturing process by original equipment manufacturers (OEMs). OEMs ensure that the converters are seamlessly incorporated into the electrical architecture of the vehicle, meeting design specifications and standards.

Regional Insights

The Americas automotive DC-DC converter market is experiencing significant growth with the increasing adoption of electric vehicles (EVs). Moreover, the rising demand for advanced driver-assistance systems (ADAS) and in-vehicle electronics contributes to the expanding market in the Americas. The region's commitment to technological advancements and the integration of smart solutions in vehicle positions drives market growth in the Americas. In the Asia-Pacific region, the automotive DC-DC converter market is witnessing robust growth, driven by the rapid adoption of electric vehicles (EVs) and the flourishing automotive industry. The region's commitment to technological innovation and the emergence of smart and eco-friendly automotive solutions solidify Asia-Pacific's position as a key region in the automotive DC-DC converter market. In the EMEA region, the automotive DC-DC converter market is experiencing steady growth with an increasing focus on autonomous driving technology and the incorporation of advanced electronics in vehicles. As the automotive industry in the EMEA region continues to evolve towards sustainable and technologically advanced solutions, the market for DC-DC converters is poised for continued expansion.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automotive DC-DC Converter Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automotive DC-DC Converter Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automotive DC-DC Converter Market, highlighting leading vendors and their innovative profiles. These include Avnet, Inc., Bel Fuse Inc., BorgWarner Inc., CET Technology, Continental AG, Delta Electronics, Inc., Denso Corporation, Eaton Corporation PLC, INVT Electric Vehicle Drive Technology (Shenzhen) Co., Ltd., LG Innotek Co., Ltd., Marelli Holdings Co., Ltd., Micross Components, Inc., MONET SRL, Mornsun Guangzhou Science & Technology Co., Ltd., Murata Manufacturing Co., Ltd., Panasonic Holdings Corporation, RECOM Power GmbH, Robert Bosch GmbH, ROHM Co., Ltd., Semiconductor Components Industries, LLC, Shindengen Electric Manufacturing Co., Ltd., STMicroelectronics International N.V., TDK Corporation, Toshiba Corporation, Toyota Industries Corporation, Vicor Corporation, and Wolfspeed, Inc..

Market Segmentation & Coverage

This research report categorizes the Automotive DC-DC Converter Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product Type
- Isolated
- Non-isolated

Propulsion System
- Battery Electric Vehicle (BEV)
- Fuel Cell Electric Vehicle (FCV)
- Plug-in Hybrid Vehicle (PHEV)

Input Voltage
- 40- 70V
- Less than 40V
- More than 70V

Output Voltage
- 5V to 15 V
- Less than 5 V
- More than 15 V

Vehicle Type
- Commercial Vehicles
- Passenger Vehicles

Sales Channel
- Aftermarket
- Original Equipment Manufacturer

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Automotive DC-DC Converter Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive DC-DC Converter Market?

3. What are the technology trends and regulatory frameworks in the Automotive DC-DC Converter Market?

4. What is the market share of the leading vendors in the Automotive DC-DC Converter Market?

5. Which modes and strategic moves are suitable for entering the Automotive DC-DC Converter Market?

Product Code: MRR-742BD517B6C3

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising consumer preference for energy-efficient vehicles and electric vehicles
  - 5.1.1.2. Growing shift toward the integration of complex and advanced electronic systems into automobiles
- 5.1.2. Restraints
  - 5.1.2.1. High cost of development of automotive DC-DC converter
- 5.1.3. Opportunities
  - 5.1.3.1. Growing introduction of novel automotive DC-DC converters
  - 5.1.3.2. Expanding trend of automotive vehicle customization activities
- 5.1.4. Challenges
  - 5.1.4.1. Certain technical limitations with automotive DC-DC converter
5.2. Market Segmentation Analysis
- 5.2.1. Product Type: Expanding usage of isolated DC-DC converters to protect sensitive electronic circuits from damage
- 5.2.2. Propulsion System: Growing adoption of DC-DC converters in battery electric vehicles to ensure efficient power distribution
- 5.2.3. Input Voltage: Growing usage of DC-DC converters with more than 70V range in managing and regulating the power flow in systems
- 5.2.4. Output Voltage: Increasing preference for 5V to 15V range-based DC_DC converters to ensure a stable and regulated power supply
- 5.2.5. Vehicle Type: Rising adoption of DC-DC converters in commercial vehicles for the functioning of electrical components
- 5.2.6. Sales Channel: Increasing availability of DC-DC converters across OEM channels for integration during the manufacturing phase
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Automotive DC-DC Converter Market, by Product Type

6.1. Introduction
6.2. Isolated
6.3. Non-isolated

7. Automotive DC-DC Converter Market, by Propulsion System

7.1. Introduction
7.2. Battery Electric Vehicle (BEV)
7.3. Fuel Cell Electric Vehicle (FCV)
7.4. Plug-in Hybrid Vehicle (PHEV)

8. Automotive DC-DC Converter Market, by Input Voltage

8.1. Introduction
8.2. 40- 70V
8.3. Less than 40V
8.4. More than 70V

9. Automotive DC-DC Converter Market, by Output Voltage

9.1. Introduction
9.2. 5V to 15 V
9.3. Less than 5 V
9.4. More than 15 V

10. Automotive DC-DC Converter Market, by Vehicle Type

10.1. Introduction
10.2. Commercial Vehicles
10.3. Passenger Vehicles

11. Automotive DC-DC Converter Market, by Sales Channel

11.1. Introduction
11.2. Aftermarket
11.3. Original Equipment Manufacturer

12. Americas Automotive DC-DC Converter Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Automotive DC-DC Converter Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Automotive DC-DC Converter Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. Market Share Analysis, 2023
15.2. FPNV Positioning Matrix, 2023
15.3. Competitive Scenario Analysis
- 15.3.1. Dayco to Partner with Tecno System and Monet, Creating An Electronics Competence Center, Bolstering Iits Electrified Propulsion Solutions Portfolio
- 15.3.2. Micross Completes Acquisition of the High-Reliability DC-DC Converter Business of Infineon Technologies AG
- 15.3.3. ROHM's New DC/DC Converter IC for ADAS Achieves Best-in-Class-Leading Stable Operation QuiCur technology remarkably increases the design flexibility for power circuits in increasingly sophisticated automotive applications
15.4. Strategy Analysis & Recommendation

16. Competitive Portfolio

16.1. Key Company Profiles
16.2. Key Product Portfolio