The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
DC-DC Converter Market for Space Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the DC-DC Converter Market for Space is no different. Derived from the previous market scenario, the DC-DC Converter Market for Space is likely to witness an impressive CAGR of 3.2% during 2020-25 but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
Market Share Analysis
DC-DC Converter Market Share for Space: By Application Type
Based on the application type, the market is segmented as communication, server, storage & network, industrial, aerospace & defense, medical, and consumer. The server, storage & network segment is registering the highest growth. This growth of the segment is owing to the incessant increase in the number of data centers, which call for energy efficiency and high performance. DC-DC converters accomplish the requirements of low voltage for these applications and ascertain uninterrupted power supply for optimal system performance.
DC-DC Converter Market Share for Space: By Output Number Type
Based on the output number type, the market is segmented as single output, dual output, and three output. The three output subsegment is estimated to be the fastest-growing segment during the forecast period. The demand for three output is majorly driven by the demand for multiple outputs that are required for various on-board applications.
DC-DC Converter Market Share for Space: By Input Voltage Type
Based on the input voltage type, the market is segmented as 40V, 40-70V, and >70V. The >70V is estimated to be the fastest-growing segment. As the high voltage DC is more efficient to power future telecommunication and datacom systems, such as 3G, 4G, and 5G systems, the global rise in demand for 4G and 5G services will drive the demand for DC-DC converters during the forecast period.
DC-DC Converter Market Share for Space: By Output Voltage Type
Based on the output voltage type, the market is segmented as 3.3V, 5V, and 12V. The 12V systems are estimated to witness the highest growth in the coming five years. The demand for 12V DC-DC converters is on the rise, driven by certain advantages over low voltage DC-DC converters, such as the cost effectiveness, compact size, and greater power.
DC-DC Converter Market Share for Space: By Output Power Type
Based on the output power type, the market is segmented as <20W, 20-40W, and 40-100W. The <20W is expected to account for the highest CAGR during the forecast period. Rise in the demand for electronic goods in military for military aircraft and weapon systems, automation in the industrial sector and growing demand for health care equipment is driving the market for DC-DC converters globally.
DC-DC Converter Market Share for Space: By Sales Channel Type
Based on the sales channel type, the market is segmented as direct and indirect. Indirect sales have a higher CAGR in the global DC-DC converter market driven by certain advantages for manufacturers, such as non-requirement of a sales infrastructure, lower operational cost, and the boom in e-commerce, which are driving the growth of the segment.
DC-DC Converter Market Share for Space: By Form Factor Type
Based on the form factor type, the market is segmented as quarter brick, eighth brick, half brick, full brick, sixteen brick, and others. One of the major factors contributing to the growth of the quarter brick segment is the demand for increased power density. It is estimated, the quarter brick segment will register the highest market share throughout the forecast period.
DC-DC Converter Market Share for Space: By Product Type
Based on the product type, the market is segmented as isolated and non-isolated. The non-isolated DC-DC converters are the faster-growing segment. This segment is growing at a higher rate owing to the upsurge in the global demand for CPUs, cell phones, memory power supplies, and point of load modules.
DC-DC Converter Market Share for Space: By Region
In terms of regions, the global DC-DC converters market in the Asia-Pacific region held the largest market share in 2018, followed by the Americas. The region is likely to continue its dominance during the forecast period. China, Japan and Taiwan are the major producers of electronic devices, such as laptops, air conditioners, and cell phones, among others, which is likely to bolster the demand for DC-DC converters to a great extent.