Automotive DC-DC Converters Market

Global Automotive DC-DC Converters Market is valued at USD 7.96 Billion in 2021 and expected to reach USD 19.77 Billion by 2028 with a CAGR of 13.88% over the forecast period.

Scope of Global Automotive DC-DC Converters Market

DC-DC converters are high frequency power transformation circuits that utilize high frequency exchanging and inductors, capacitors, and transformers to streamline exchanging noise into regulated DC voltages. Closed feedback loops keep up with steady voltage output in any event, when changing input voltages and yield flows. Automotive DC-DC converters are gadgets that change input DC that has a scope of voltages into regulated DC with a steady output voltage. These converters are intended to work at high switching frequencies to diminish the size of output capacitors and inductors to save the locally available space of power equipment. Electronic part manufacturers need progressed and miniaturized DC-DC converters for use in their electronic gadgets to decrease the general space involved by device circuits just as work on their performance. This has additionally prompted the improvement of innovatively progressed DC-DC converters to oblige the power supply requirements of different automotive vehicles like battery electric vehicles, fuel cell electric vehicles, and plug-in hybrid electric vehicles among others. 

The COVID-19 pandemic has shown a negative impact on the global automotive DC-DC converters market. The outbreak of COVID-19 made a several vehicles and part fabricating offices shut down temporarily to reduce the risk of infection. This is upsetting the development of the automotive industry. The pandemic has impacted a disturbance in raw material of the vehicle parts, which quickly pivoted to large-scale manufacturing interferences across globe. Closures of manufacturing plants are an expansion to the solid pressure on a developing distressed worldwide supply base where organizations are at high risk of defaulting on settlements, conceivably requesting banks to give advances. However, with the steady removal of lockdowns in various countries, the demand for vehicles has somewhat increased which is expected to develop the market growth in the coming few years.

Global automotive DC-DC converters market is segmented on the basis of vehicle type, product, propulsion type, input voltage, output voltage, output power and region & country level. Based on vehicle type, the automotive DC-DC converters market is segmented into commercial vehicle and passenger vehicle. On the basis of product, the market is divided into isolated and non-isolated. On the propulsion type, the global automotive DC-DC converters market is classified into battery electric vehicle (BEV), fuel cell electric vehicle (FCEV) and plug-in hybrid vehicle (PHEV). On the basis of input voltage, the market is divided into <40V, 40-70V and >70V. On the output voltage, the global automotive DC-DC converters market is classified into 3.3V, 5V, 12V, 15V, 24V and above. On the basis of output power, the market is divided into <1kW, 1-10kW, 10-20kW and >20kW.

Global Automotive DC-DC Converters Segmentation

By Vehicle Type

• Commercial Vehicle
• Passenger Vehicle

By Product Type

• Isolated
• Non-isolated

By Propulsion Type

• Battery Electric Vehicle (BEV)
• Fuel Cell Electric Vehicle (FCEV)
• Plug-in Hybrid Vehicle (PHEV)

By Input Voltage

• <40V
• 40-70V
• >70V

By Output Voltage

• 3V
• 5V
• 12V
• 15V
• 24V and Above

By Output Power

• <1kW
• 1-10kW
• 10-20kW
• >20kW

Key Players of Global Automotive DC-DC Converters Market

Some of the key players in the global automotive DC-DC converters market are

• TDK Corporation
• Robert Bosch
• Toyota Industries Corporation
• Continental
• Aptiv
• Alps Electronics
• Calsonic Kansei Corporation
• Valeo Group
• Panasonic Corporation Infineon Technologies
• Denso Corporation
• Hella KGaA Hueck
• others.
  

News

Ricardo to Develop High-Efficiency DC-DC Converter for EV Applications

On August 26^th, 2021; Eaton announced it will supply 24-to-12-volt DC-DC converters for use in an undefined heavy-duty business battery electric vehicle (BEV) that will power accessories including electronically monitored brakes and lighting. The BEV will be sold in China and North America later this year. The strength converter works related to another converter that takes power from the BEV's 600-volt framework and steps it down to 24-volts, which it then, at that point, brings down to 12-volts so it can drive low-voltage systems. It will likewise have a parted 24-volt battery system that will guarantee safety equipment can work in case of a power disappointment.

Prodrive Unveiled First 48V DC-DC Converter Targeting ISO/DIS 21780

On September 1^st, 2019; Prodrive created the first 48V to 12V DC-DC converter targeted at the ISO/DIS 21780 standard for 48V automotive systems. Prodrive’s 48V to 12V DC-DC converter is configurable to suit automotive networks including CAN and FlexRay, and is available in multiple power options from 400W to 2.2kW to suit the application. It can also provide the opportunity to downsize or remove the standard 12V battery altogether.

Rising Adoption of Energy-Efficient Electrical Vehicle, Growing R&D Efforts to Integrate DC-DC Converters into Commercial Vehicles and Increasing Demand for Safety & Connectivity Features in Passengers Vehicles Drive the Market Growth

One of the major factors driving the growth of global automotive DC-DC converters market is rising adoption of energy-efficient electrical vehicles. Electric vehicles are getting widespread consideration because of their further developed performance and zero carbon emissions. The capability of electric vehicles relies upon suitable interfacing between energy storage systems and power hardware converters. A DC-DC converter supplies regular low-power, low-voltage loads. Be that as it may, the requirement for high power bidirectional DC-DC converters in future electric vehicles has prompted the advancement of numerous new topologies of DC-DC converters which drive the market. For instance; according to the International Energy Agency (IEA), there were 10 million electric vehicles on the world's streets toward the finish of 2020, following a time of quick development. Electric vehicle enlistments expanded by 41% in 2020. Around 3 million electric vehicles were sold globally.

In addition, growing R&D efforts to integrate DC-DC converters into commercial vehicle is also supplementing the market growth. The worldwide adoption of severe emission standards is driving the car OEMs to coordinate advanced technologies in their vehicle contributions to upgrade their fuel efficiency. This has brought about the development of electric drivetrain for average and heavy commercial vehicles. The electric drivetrain commands the incorporation of a DC-DC converter to guarantee higher proficiency. The expansion in sales of commercial vehicles has driven component manufacturers to overhaul their item contributions. For example; in March 2021, Bosch declared that silicon wafers are going through the completely automated fabrication process interestingly at the new Bosch semiconductor fab in Dresden. From these, the organization will make power semiconductors for use in applications, for example, DC-DC converters in electric vehicles (EVs) and crossover vehicles (HVs).

Furthermore, increasing demand for safety & connectivity features in passenger’s vehicles also drives the global automotive DC-DC converters market. However, Differing regional /country-wise administrative compliance and safety principles may hamper the market growth. In spite of that, rising development of miniaturized DC-CD converters can provide various opportunities for the further growth of the global automotive DC-DC converters market.

Europe is Expected to Witness Significant Growth in Global Automotive DC-DC Converters Market

Europe is expected to witness a significant growth in global automotive DC-DC converters market within the forecast period due to rising demand of electric vehicles, increasing technological advancement and presence of key market players in this region. For example; in March 2021, Infineon Technologies AG (Infineon) dispatched the 650 V CoolSiC Hybrid Discrete for automotive. The gadget contains a 50 A TRENCHSTOP 5 quick exchanging IGBT and a CoolSiC Schottky diode to empower a cost-effective execution help just as high reliability. This blend fabricates an ideal cost-performance compromise for hard-exchanging geographies and supports high cost-performance with bi-directional charging. This makes the gadget ideal for quick exchanging automotive applications, for example, power factor remedy (PFC), on-board chargers (OBC), DC-DC and DC-AC converters. In January 2020, Valeo launched its independent, electric conveyance droid, created in association with Meituan Dianping, China's driving online business stage for administrations.

Asia Pacific is expected to witness a positive growth in the global automotive DC-DC converters market due to the rising government initiatives and growing demand for EVs in this region. The Government of China has lifted assessments or has given a lot of tax exception on the acquisition of EVs. These drives by the public government have drawn in a great deal of clients to buy EVs in this country. For instance; in April 2020, the China government presented a 10% service tax waiver for electric vehicles to help the demand on the lookout. Advancement in technology also drives the market in this region. For example, in September 2020, Tesla Inc. reported that it was dealing with diminishing the cost of its EV batteries and expanding production. It expects to lessen the cost of its vehicle to USD 25,000.

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2022 - 2028
Market Size in 2021:	USD 7.96 Billion
Base year considered	2021
Forecast Period CAGR %:	13.88%
Market Size Expected in 2028:	USD 19.77 Billion
Tables, Charts & Figures:	175
Pages	300
Key Players/Companies	TDK Corporation, Robert Bosch, Toyota Industries Corporation, Continental, Aptiv, Alps Electronics, Calsonic Kansei Corporation, Valeo Group, Panasonic Corporation Infineon Technologies, Denso Corporation, Hella KGaA Hueck and others.
Segments Covered	By VehicleType,By Product Type,By PropulsionType ,By Input Voltage ,By Output Voltage ,By Output Power
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa