PUBLISHER: Lucintel | PRODUCT CODE: 1456080
PUBLISHER: Lucintel | PRODUCT CODE: 1456080
Converter Module Trends and Forecast
The future of the global converter module market looks promising with opportunities in the IT & telecommunication, healthcare, aerospace & defense, industrial, automotive, and transportation & logistic markets. The global converter module market is expected to reach an estimated $13.2 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are growing power requirements of networking infrastructure and rising demand for high-efficiency and high-power-density converters.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Converter Module by Segment
The study includes a forecast for the global converter module by type, application, and region.
List of Converter Module Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies converter module companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the converter module companies profiled in this report include-
Converter Module Market Insights
Lucintel forecasts that DC-DC converter module will remain the largest segment over the forecast period due to increasing use of thick film hybrid DCDC converters in space applications.
Within this market, IT & telecommunication will remain the largest segment due to the rising deployment of 5G infrastructure, growing demand for high speed communications and cloud services as well as increasing number of data centres.
APAC will remain the largest region over the forecast period due to increasing investments in electric vehicle development in this region.
Features of the Global Converter Module Market
Market Size Estimates: Converter module market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Converter module market size by type, application, and region in terms of value ($B).
Regional Analysis: Converter module market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the converter module market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the converter module market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the converter module market size?
Answer: The global converter module market is expected to reach an estimated $13.2 billion by 2030.
Q2. What is the growth forecast for converter module market?
Answer: The global converter module market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the converter module market?
Answer: The major drivers for this market are growing power requirements of networking infrastructure and rising demand for high-efficiency and high-power-density converters.
Q4. What are the major segments for converter module market?
Answer: The future of the converter module market looks promising with opportunities in the IT & telecommunication, healthcare, aerospace & defense, industrial, automotive, and transportation & logistic markets.
Q5. Who are the key converter module market companies?
Answer: Some of the key converter module companies are as follows:
Q6. Which converter module market segment will be the largest in future?
Answer: Lucintel forecasts that DC-DC converter module will remain the largest segment over the forecast period due to increasing use of thick film hybrid DCDC converters in space applications.
Q7. In converter module market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to increasing investments in electric vehicle development in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.