Recent Developments and Applications Propel Global Automotive DC-DC Converter Market Growth

Global automotive DC-DC converter market is anticipated to grow at a CAGR of 30.2% during the forecast period (2024-2031). DC-DC converters are vital in providing the appropriate voltage to various components in electric and hybrid vehicles, such as electric drive motors, Battery Management Systems (BMS), and power electronics. They are essential for infotainment, lighting, Advanced Driver Assistance (ADAS), climate control, safety and security, telematics, communication, electric power steering, and charging systems. Additionally, DC-DC converters ensure power delivery to safety features, telematics systems, and charging systems in plug-in hybrid and electric vehicles.

Browse the full report description of “Automotive DC-DC Converter Market Size, Share & Trends Analysis Report by Product Type (Isolated DC-DC Converters, and Non-isolated DC-DC Converters), by Propulsion Type (Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Battery Electric Vehicle (BEV), and Fuel Cell Electric Vehicle (FCEV)), and by Vehicle Type (Passenger Vehicles, and Commercial Vehicles) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/automotive-dc-dc-converter-market

Recent Developments

• In May 2024, STMicroelectronics introduced monolithic automotive synchronous buck converters for light-load, low-noise, and isolated applications. The step-down synchronous DC/DC converters, A6983, offer flexible design choices and minimal external components. The non-isolated A6983 converters can supply up to 3A load current and achieve 88.0% efficiency at full load. The low-consumption variants (A6983C) are optimized for light-load operation, while the low-noise variants (A6983N) operate with constant switching frequency for optimal performance.

• In March 2021, HELLA launched its latest 48V DC/DC converter in China, designed for mild hybrid vehicles with higher performance classes. This key technology allows the electrification of combust engine vehicles, offering the potential for CO2 savings. HELLA's Shanghai Electronics plant has started series production of the converter, which offers bi-directional energy transfer between 48V and 12V power systems, a scalable power class of up to 3.5kW, and optimized energy efficiency of up to 97%.

Market Coverage

• The market number available for – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

• Segment Covered- 

o By Product Type

o By Propulsion Type

o By Vehicle Type

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape - Continental Engineering Services GmbH, DENSO Corp., Mitsubishi Electric Corp, Robert Bosch GmbH, Panasonic Industry Co., Ltd. and others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Automotive DC-DC Converter Market Report Segment

By Product Type

• Isolated DC-DC Converters
• Non-isolated DC-DC Converters

By Propulsion Type

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

By Vehicle Type

• Passenger Vehicles
• Commercial Vehicles

Global Automotive DC-DC Converter Market Report Segment by Region

North America

• United States

• Canada 

Europe

• UK

• Germany

• Italy

• Spain

• France

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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