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BANGALORE, India, Dec. 21, 2020 /PRNewswire/
DC-DC Converter Market is segmented By Input Voltage (5-36V, 36-75V, 75V and Above), Output Voltage (3.3V, 5V, 12V, 15V and Above), Mounting Style (Surface Mount and Through Hole), Application (Smartphone, Servers & Storage, EV Battery Management Unit, Railway, and Medical Equipment). This report is published on
Electronic Component Category. It also covers Global & Regional Opportunity Analysis and Industry Forecast to 2027.
The global DC-DC Converter market size was valued at USD 8.76 Billion in 2019 and is projected to reach USD 17.85 Billion by 2027, growing at a CAGR of 11.10% from 2020 to 2027.
Major factors driving the growth of DC-DC converter market size are increasing demand for high performance & cost-effective electronic modules, adoption of IoT, and innovations in surgical equipment for digital power management & control.