Automotive dc dc converter market
Automotive DC-DC Converter Market, by DC-DC Converter Type (Isolated and Non-isolated (Buck, Boost, etc.)), by Propulsion System (Hybrid EV (PHEV & HEV), EV/BEV, and Fuel Cell Vehicle (FCV)), by System (12 V system, 24 V System, and 48 V System & Above), by Vehicle Type (Passenger Cars and Commercial Vehicles), by Output Power (Upto 3 kW, 3 kW to 7 kW, 7 kW to 11 kW, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028
- Jul 2021
- CMI4461
- 130 Pages
- Excel & Pdf
- Automotive and Transportation
DC-DC converters are electronic equipment, which are used to generate regulated voltage. Moreover, automotive DC-DC converters are specially designed to reduce the size of output capacitors and inductors.
The number of control modules in vehicles such as electronic control unit (ECU), DC-DC converters are increasing due to its need to manage the power at the point of load in each device. DC-DC converters mainly play an important role in isolation and voltage conversion. The proliferation of advanced driver-assistance systems (ADAS) and in-cabin infotainment has turned vehicles into complex electronic systems on wheels that require multi-level, and noise-free DC-DC converters. As automotive electronics continue to make advancement, there is an increasing demand for powering electronic components. For instance, Sevcon, a leading company in providing electrification technologies, offers Gen5 High Voltage (HV) DC-DC converters that are suitable for all electric powered vehicles and are designed to be fitted on-board and to be connected permanently to the battery.
Moreover, in November 2020, ROHM, a Japan-based electronic parts manufacturer, developed a BD9P series automotive primary DC-DC converters. The BD9P series is optimized for ADAS (Advanced Driver Assistance System) sensors, cameras, and radars, along with car infotainment, and instrument clusters.
The global automotive DC-DC converter market was pegged at 6,000 thousand units in terms of volume in 2020 and is expected to exhibit a CAGR of 32.2% for the period 2021-2028.
Global Automotive DC-DC Converter Market - Impact of Coronavirus (Covid-19) Pandemic
COVID-19 pandemic has significantly disrupted the supply chain of the global automotive market. The threat of COVID-19 is perceived to be larger than the 2007-2008 global financial crisis (GFC). The automotive industry has seen disruption across vehicle production and supply chain, causing a temporary shutdown of many major automobile production facilities, which resulted in the lower production and supply of automotive vehicles. The key players in the DC-DC convertor market also witnessed similar situations where they needed to shut down their production facilities, in order to safeguard employee’s health. For instance, in March 2020, Continental AG, a Germany-based automotive part manufacturer, temporarily shut down 40% of Continental’s 249 production locations across the globe.
Statistics:
Asia Pacific held dominant position in the global automotive DC-DC converter market in 2019, accounting for 41.7% share in terms of value, followed by Europe and North America.
Automotive DC-DC Converter Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2019 | Market Size in 2019: | 6,461 Thousand Units |
Historical Data for: | 2017 to 2019 | Forecast Period: | 2021 to 2028 |
Forecast Period 2021 to 2028 CAGR: | 32.2% | 2028 Value Projection: | 58,875 Thousand Units |
Geographies covered: |
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Segments covered: |
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Companies covered: |
Bellnix Co.,Ltd., BORGWARNER INC. , Calex Manufacturing Co., Inc., Chang Sung Corporation, Continental AG, Delta Electronics, Inc., Deutronic Electronic Technology (Shenzhen) Co., Ltd., EGTRONICS Co., Ltd., FLEX LTD., Hangzhou TIECHENG Information Technology Co., Ltd, HELLA GmbH & Co. KGaA ,HIVRON Inc. , Inmotion Technologies AB, LG INNOTEK, MORNSUN Guangzhou Science & Technology Co., Ltd , Rhyl Co., Ltd, Ricoh Company, Ltd., Robert Bosch Gmbh, Rohm Co., Ltd., Shenzhen Xinrui Technology Co., Ltd, Shindengen Electric Manufacturing Co., Ltd., SILICON LABORATORIES, TDK Corporation, Toyota Industries Corporation, Valeo Group , VAPE (VAPEL), and Zhejiang Ximeng Electronic Technology Co.,Ltd. |
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Growth Drivers: |
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Restraints & Challenges: |
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Figure 1: Global Automotive DC-DC Converter Market Share (%), By Region, 2019
Asia Pacific held dominant position in the global Automotive DC-DC Converter market in 2019, and is estimated to retain its dominance throughout the forecast period, owing to rapid product developments by the Asia Pacific-based automotive DC-DC converter companies.
For instance, in September 2018, Denso Corporation launched light weight digital type DC-DC converter for hybrid cars. Moreover, the vendors such as Mitsubishi Electric Corporation are also using miniature technologies to reduce the size and increase efficiency of power conditioner systems used in electric vehicles. Power conditioners primarily consists of DC to DC converters.
Major players operating in the global automotive DC-DC converter market include Bellnix Co.,Ltd., BORGWARNER INC. , Calex Manufacturing Co., Inc., Chang Sung Corporation, Continental AG, Delta Electronics, Inc., Deutronic Electronic Technology (Shenzhen) Co., Ltd., EGTRONICS Co., Ltd., FLEX LTD., Hangzhou TIECHENG Information Technology Co., Ltd, HELLA GmbH & Co. KGaA ,HIVRON Inc. , Inmotion Technologies AB, LG INNOTEK, MORNSUN Guangzhou Science & Technology Co., Ltd , Rhyl Co., Ltd, Ricoh Company, Ltd., Robert Bosch Gmbh, Rohm Co., Ltd., Shenzhen Xinrui Technology Co., Ltd, Shindengen Electric Manufacturing Co., Ltd., SILICON LABORATORIES, TDK Corporation, Toyota Industries Corporation, Valeo Group , VAPE (VAPEL), and Zhejiang Ximeng Electronic Technology Co.,Ltd.
Among DC-DC converter type segment, the non- isolated sub-segment is expected to dominate the market during the forecast period, owing to the several advantages offered by non-isolated DC-DC converter compared to isolated DC-DC converter.
The non-isolated DC-DC converter tends to be smaller in size than an isolated DC-DC converter. Furthermore, non-isolated converters tend to operate at higher switching frequencies which will further reduce the size of capacitors and magnetic components. This is expected to drive growth of the global automotive DC-DC converter market during the forecast period.
Additionally, several manufacturing companies such as Calex Manufacturing are focused on product launches for automotive and other applications. For instance, in April 2020, US-based Calex Manufacturing Co., Inc., a subsidiary of Murata Power Solutions, Inc. introduced a 3000W BCA bi-directional non-isolated DC-DC converter for automotive and battery applications.
Figure 2: Global Automotive DC-DC Converter Market Value (US$ Mn), 2017 - 2028
The global automotive DC-DC converter market was valued at 6,461 Thousand Units in 2019 and is expected to reach 58,875 Thousand Units by 2028, exhibiting a CAGR of 32.2% between 2021 and 2028.
Competitive Section
Major companies operating in the global automotive DC-DC converter market are Bellnix Co.,Ltd., BORGWARNER INC. , Calex Manufacturing Co., Inc., Chang Sung Corporation, Continental AG, Delta Electronics, Inc., Deutronic Electronic Technology (Shenzhen) Co., Ltd., EGTRONICS Co., Ltd., FLEX LTD., Hangzhou TIECHENG Information Technology Co., Ltd, HELLA GmbH & Co. KGaA ,HIVRON Inc. , Inmotion Technologies AB, LG INNOTEK, MORNSUN Guangzhou Science & Technology Co., Ltd , Rhyl Co., Ltd, Ricoh Company, Ltd., Robert Bosch Gmbh, Rohm Co., Ltd., Shenzhen Xinrui Technology Co., Ltd, Shindengen Electric Manufacturing Co., Ltd., SILICON LABORATORIES, TDK Corporation, Toyota Industries Corporation, Valeo Group , VAPE (VAPEL), and Zhejiang Ximeng Electronic Technology Co.,Ltd.
Key Developments
- Major market players are focused on product launches, in order to expand the product portfolio. For instance in March 2018, Deutronic launched a new range of extremely compact and powerful new generation of vehicle converters at the LogiMAT, International Trade Fair for Intralogistics Solutions and Process Management, in Stuttgart, Germany.
- Key companies are involved in product development, in order to gain a competitive edge in the market. For instance, in 2018, EGTRONICS has developed 4 type DC – DC converter for the global market.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By DC-DC Converter Type
- Market Snippet, By Propulsion System
- Market Snippet, By System
- Market Snippet, By Vehicle Type
- Market Snippet, By Output Power
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Solutions Trend
- Merger and Acquisitions
- New system Launch/Approvals
- Market Dynamics
- Global Automotive DC-DC Converter Market: Impact of COVID-19 on Market
- Short Term
- Long term
- Global Automotive DC-DC Converter Market, By DC-DC Converter Type, 2017-2027 (Thousand Units)
- Introduction
- Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2027 (%)
- Segment trends
- Isolated
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2020–2027, (Thousand Units)
- Non-isolated (Buck, Boost, etc.)
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis (Thousand Units)
- Introduction
- Global Automotive DC-DC Converter Market, By Propulsion System, 2017-2027 (Thousand Units)
- Introduction
- Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2027 (%)
- Segment trends
- Hybrid EV (PHEV & HEV)
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis (Thousand Units)
- EV/BEV
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis (Thousand Units)
- Fuel Cell Vehicle (FCV)
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis (Thousand Units)
- Introduction
- Global Automotive DC-DC Converter Market, By System, 2017-2027 (Thousand Units)
- Introduction
- Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2027 (%)
- Segment trends
- 12 V system
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis (Thousand Units)
- 24 V System
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis (Thousand Units)
- 48 V System & Above
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis (Thousand Units)
- Introduction
- Global Automotive DC-DC Converter Market, By Output Power, 2017-2027 (Thousand Units)
- Introduction
- Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2027 (%)
- Segment trends
- Upto 3 kW
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis (Thousand Units)
- 3 kW to 7 kW
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis (Thousand Units)
- 7 kW to 11 kW
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis (Thousand Units)
- Others
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis (Thousand Units)
- Introduction
- Global Automotive DC-DC Converter Market, By Region, 2017-2027 (Thousand Units)
- Introduction
- Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2027 (%)
- North America
- Regional Trends
- Market Size and Forecast, By DC-DC Converter Type, 2020–2027(Thousand Units)
- Market Size and Forecast, By Propulsion System, 2020–2027 (Thousand Units)
- Market Size and Forecast, By System, 2020–2027(Thousand Units)
- Market Size and Forecast, By Vehicle Type, 2020–2027(Thousand Units)
- Market Size and Forecast, By Output Power, 2020–2027(Thousand Units)
- Market Share Analysis, By Country, 2019 and 2027 (%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By DC-DC Converter Type, 2020–2027(Thousand Units)
- Market Size and Forecast, By Propulsion System, 2020–2027 (Thousand Units)
- Market Size and Forecast, By System, 2020–2027(Thousand Units)
- Market Size and Forecast, By Vehicle Type, 2020–2027(Thousand Units)
- Market Size and Forecast, By Output Power, 2020–2027(Thousand Units)
- Market Share Analysis, By Country, 2019 and 2027 (%)
- U.K.
- Germany
- Italy
- France
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By DC-DC Converter Type, 2020–2027(Thousand Units)
- Market Size and Forecast, By Propulsion System, 2020–2027 (Thousand Units)
- Market Size and Forecast, By System, 2020–2027(Thousand Units)
- Market Size and Forecast, By Vehicle Type, 2020–2027(Thousand Units)
- Market Size and Forecast, By Output Power, 2020–2027(Thousand Units)
- Market Share Analysis, By Country, 2019 and 2027 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By DC-DC Converter Type, 2020–2027(Thousand Units)
- Market Size and Forecast, By Propulsion System, 2020–2027 (Thousand Units)
- Market Size and Forecast, By System, 2020–2027(Thousand Units)
- Market Size and Forecast, By Vehicle Type, 2020–2027(Thousand Units)
- Market Size and Forecast, By Output Power, 2020–2027(Thousand Units)
- Market Share Analysis, By Country, 2019 and 2027 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Regional Trends
- Market Size and Forecast, By DC-DC Converter Type, 2020–2027(Thousand Units)
- Market Size and Forecast, By Propulsion System, 2020–2027 (Thousand Units)
- Market Size and Forecast, By System, 2020–2027(Thousand Units)
- Market Size and Forecast, By Vehicle Type, 2020–2027(Thousand Units)
- Market Size and Forecast, By Output Power, 2020–2027(Thousand Units)
- Market Share Analysis, By Country, 2019 and 2027 (%)
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
- Introduction
- Competitive Landscape
- Company Profiles
- Bellnix Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- BORGWARNER INC.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Calex Manufacturing Co., Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Chang Sung Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Continental AG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Delta Electronics, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Deutronic Electronic Technology (Shenzhen) Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- EGTRONICS Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- FLEX LTD.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Hangzhou TIECHENG Information Technology Co., Ltd
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- HELLA GmbH & Co. KGaA
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- HIVRON Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Inmotion Technologies AB
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- LG INNOTEK
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- MORNSUN Guangzhou Science & Technology Co., Ltd
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Rhyl Co., Ltd
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Ricoh Company, Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Robert Bosch Gmbh
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Rohm Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Shenzhen Xinrui Technology Co., Ltd
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Shindengen Electric Manufacturing Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- SILICON LABORATORIES
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- TDK Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Toyota Industries Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Valeo Group
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- VAPE (VAPEL)
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Zhejiang Ximeng Electronic Technology Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Bellnix Co., Ltd.
- Company Profiles
- Section
- References
- Research Methodology
- About us and Sales Contact
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