AUTOMOTIVE DC-DC CONVERTER MARKET ANALYSIS

Automotive DC-DC Converter Market, By DC-DC Converter Type (Non-Isolated, and Isolated), By End User (Hybrid EV, EV/BEV, and Fuel Cell Vehicle), By System (12 V system, 24 V System, and 48 V System & Above), By Vehicle Type (Passenger Cars and Commercial Vehicles), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Feb 2025
Code : CMI4461
Pages :130
Formats :
Excel and PDF
Industry : Automotive and Transportation

Automotive DC-DC Converter Market Size and Trends

Global automotive DC-DC converter market is estimated to be valued at US$ 14.08 Bn in 2025 and is expected to reach US$ 20.77 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.7% from 2025 to 2032.

Automotive DC-DC Converter Market Key Factors

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Automotive DC-DC converter market is expected to witness significant growth over the forecast period owing to rising demand for electric vehicles across the globe and need for efficient power management systems in automotive converter. The demand for electric and hybrid vehicles is rising rapidly across both developed and developing nations due to stringent emission norms and growing environmental concerns. Moreover, the increasing vehicular production is also fueling the need for effective automotive power management components like DC-DC converters during the projected period.