Global DC-DC Converters Market Worth 3.94 Billion USD by 2021
PUNE, India, September 22, 2016 /PRNewswire/ --
The report "Global DC-DC Converters Market by Application, Output Number, Input Voltage, Output Voltage, Output Power, Sales Channel, Form Factor, Product Type and Region - Forecast to 2021", published by MarketsandMarkets. The global market is projected to reach USD 3.94 Billion by 2021, at a CAGR of 2.66% during the forecast period.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 90 market data Tables and 66 Figures spread through 185 Pages and in-depth TOC on "Global DC-DC Converters Market"
http://www.marketsandmarkets.com/Market-Reports/global-dc-dc-converter-market-17565254.html
Early buyers will receive 10% customization on report.
Rapid industrialization in the APAC region is driving the market for DC-DC converters. The wide range of applicability of DC-DC converters across industry segments, especially the high level of growth in the ICT and medical devices segments also bolsters the demand. There is a lack of alternatives for DC-DC converters due to which there is a growing trend towards miniaturization and increasing deployment efficiency. The market players catering to the ICT industry are required to ensure a high speed in innovations in order to keep pace with the quickly changing technological needs of this industry.
The communication segment is projected to lead the global DC-DC converters market during the forecast period.
The communication segment is estimated to capture the largest market share in 2016. Communication has resulted in transforming the world into a single market. With the rapid development in the communication industry and increased adoption of broadband-enabled mobile devices, the requirement for power supply for communication equipment is also growing at a rapid pace, resulting in driving the demand in the global DC-DC converters market.
The three output segment is expected to be the fastest-growing in the global DC-DC converters market, by output number, during the forecast period.
At present a majority of the systems are prepared for the multi-tasking approach. Analog and digital circuits need several different supply voltages to operate, resulting in the increased use of multiple output DC-DC converters. Increase in the number of on-board applications is driving the market for the three output segment.
Asia-Pacific is expected to be the largest market for global DC-DC converters.
Countries in the Asia-Pacific region are home to major DC-DC converter manufacturers. Manufacturers in this region are competing with global rivals in various sectors such as automotive, electronic devices, and industrial components. China, Japan, and Taiwan are estimated to drive the market for DC-DC converters. These countries are major manufacturers of electronic devices such as laptops, cell phones, integrated circuits among others, which is expected to increasingly drive the demand for DC-DC converters.
Inquiry Before Buying: - http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=17565254
General Electric (GE) (U.S.), Ericsson (Sweden), Texas Instruments (U.S.), Murata Manufacturing Co. Ltd (Japan), and Delta Electronics, Inc. (Taiwan), among others are the key players operational in The Global DC-DC Converters Market. The market share analysis has been carried out by tracking all the products of the key market players, their geographical presence, and recent developments.
Browse Related Reports
DC-DC Converter Market for Space by Application (Surveillance, Communication, Navigation, Scientific Research, Remote Sensing), Output Voltage (<3.3, 5, 12, 15 VDC), Output Power (<20, 20-40, 40-100, >100 W), and Geography - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/dc-dc-converter-market-159918662.html
Small Satellite Market by Type (Nano, Mini, & Microsatellite), by Application (Earth Observation & Meteorology, Scientific Research & Exploration, Surveillance & Security, and Others), by End-User, by Geography - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/small-satellite-market-150947396.html
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/aerospace-defence
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
SOURCE MarketsandMarkets
Share this article