The Automotive DC-DC Converters Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Automotive DC-DC Converters Market?
The market size for automotive DC-DC converters has witnessed an exponential growth in recent years. The market value has risen from $0.87 billion in 2024 to an expected $1.19 billion in 2025, with a compound annual growth rate (CAGR) of 37.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Automotive DC-DC Converters Industry?
The Automotive DC-DC Converters Global Market is projected to reach a value of $3.19 billion in 2029, growing at a compound annual growth rate (CAGR) of 27.8%.
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What are the Key Growth Drivers Fueling the Automotive DC-DC Converters Market?
The key drivers in the automotive dc-dc converters market are:
• Rising vehicle production around the world
• Increased adoption rate of electric vehicles
• Increasing global urbanization
• Growing government support for the auto industry
Global Market Segmentation: Identifying Major Automotive DC-DC Converters Industry Segments
The automotive dc-dc converters market covered in this report is segmented –
1) By Propulsion Type: Battery Electric Vehicle (BEV), Fuel Cell Electric Vehicle (FCEV), Plug-in Hybrid Vehicle (PHEV)
2) By Product-Type: Isolated, Non-Isolated
3) By Input Voltage: < 40V, 40-70V, >70V
4) By Output Power: <1kW, 1-10kW, 10-20kW, >20kW
5) By Application: Passenger Vehicle, Commercial Vehicle
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What are the Emerging Trends Shaping the Future of the Automotive DC-DC Converters Market?
The key trends in the cell expansion market are:
• The usage of wide-bandgap semiconductors is an emerging trend in the automotive DC-DC converters market.
• The trend towards digital control and communication is shaping the sector's future.
• Vehicle-to-grid (v2g) integration is an upcoming significant trend in the market.
• The use of sustainable materials, customization, and integration are also key emerging trends.
Who Are the Top Competitors & Leading Players in the Automotive DC-DC Converters Market?
Major companies in the automotive dc-dc converters market are:
• Continental AG
• BorgWarner Inc
• Denso Corporation
• Valeo
• Toyota Industries Corporation
• Robert Bosch GmbH
• Vicor Corporation
• TDK-Lambda Corporation
• Delta Electronics
• HELLA GmbH & Co. KGaA
• MOBIS INDIA LIMITED
• Panasonic Corporation
• Infineon technologies
• Mornsun Guangzhou Science & Technology Co. Ltd.
• Alps Alpine Co
• Mareli Corporation
• LG Innotek Co. Ltd.
• Texas Instruments Incorporated
• ZF Friedrichshafen AG
• NAC Group Inc.
• SynQor Inc.
• Nanjing Pengtu Power Supply Co. Ltd.
• AEGIS Power Systems Inc.
• Murata Manufacturing Co. Ltd.
• Shindengen Electric Manufacturing Co. Ltd.
• Delta-Q Corporation
• Robert Bosch GmbH
• Skyworks Solutions Inc.
• Semiconductor Components Industries
• Crane Aerospace and Electronics
• VPT Power Inc.
• Microsemi Corporation
• UTC Aerospace Systems
• STMicroelectronics N.V.
• ON Semiconductor Corporation
• Renesas Electronics Corporation
• CUI Inc.
• Bel Fuse Inc.
• Eaton Corporation
• Fujitsu Limited
• Cosel Co. Ltd.
• Traco Electronic AG
• XP Power
Regional Dominance: Which Area Leads the Global Automotive DC-DC Converters Market?
Asia-Pacific was the largest region in the automotive DC-DC converter market in 2024
