Global DC-DC Converters Market to Reach $4 Billion by 2027
Amid the COVID-19 crisis, the global market for DC-DC Converters estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$4 Billion by 2027, growing at a CAGR of 1.5% over the period 2020-2027.
The U.S. Market is Estimated at $980.2 Million, While China is Forecast to Grow at 2.9% CAGR
The DC-DC Converters market in the U.S. is estimated at US$980.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$756.2 Million by the year 2027 trailing a CAGR of 2.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.1% and 1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.5% CAGR.We bring years of research experience to this 5th edition of our report. The 142-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,
- Artesyn Embedded Technologies, Inc.
- Bel Fuse, Inc.
- Cosel Co., Ltd.
- Crane Aerospace & Electronics
- Delta Electronics, Inc.
- Ericsson AB
- FDK Corporation
- General Electric Company
- Murata Manufacturing Co., Ltd.
- Texas Instruments, Inc.
- Traco Electronic AG
- Vicor Corporation