Market Overview:
The global 48V DC-DC converter market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for 48V DC-DC converters in automotive applications and battery backup units. Additionally, the growing demand for energy-efficient and high-performance devices is also contributing to the growth of this market. However, fluctuations in prices of raw materials may restrain the growth of this market during the forecast period. The global 48V DC-DC converter market can be segmented on the basis of type into isolated and nonisolated converters.
Product Definition:
A 48V DC-DC Converter is a device that converts 48 volts of direct current (DC) into another form of electrical energy. This type of converter is often used in industrial or commercial settings to provide power to devices or systems that require it. The importance of a 48V DC-DC Converter lies in its ability to provide stable, reliable power to devices and systems that need it. In addition, this type of converter can help save energy by providing an efficient means of converting one form of electrical energy into another.
Isolated:
Isolated DC-DC converters are used to convert the input 48V DC to the output 5V DC. It has a wide range of applications in electric vehicles, solar power systems and grid-connected PV systems. The growing demand for renewable energy is expected to drive market growth over the forecast period.
The usage of Isolated converters is increasing due to its ability provide high efficiency at low cost which makes it suitable for use in portable devices such as smartphones.
Non-isolated:
Non-isolated is a type of switching power supply. It uses internal resistors and capacitors to convert the input voltage to output voltage. The advantage of this system is that it can deliver high current at low temperatures, making it ideal for applications such as electric vehicles (EV).
Application Insights:
The automotive application segment accounted for a revenue share of more than 40% in 2017. The growing demand for electric and hybrid vehicles is expected to have a positive impact on the global 48V DC-DC converter market over the forecast period. Increasing focus on reducing vehicle emissions through technological advancements is also likely to propel product demand in this sector.
Battery backup units are expected to be one of the fastest growing segments over the forecast period owing to increasing power grid outages and natural disasters that have led to an increase in diesel generators across various regions, especially Asia Pacific and Middle East & Africa countries.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market, registering a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing adoption of 48V DC-DC converters in China and Japan for back up power applications. Increasing number of manufacturing facilities in countries such as China and India are also driving the demand for these converters due to need for constant power supply during manufacturing processes, which is further fueling the regional market growth.
North America accounted for over 25% share in 2017 owing to high product penetration by key players such as APX Technologies Inc.; Exar Corporation; Johnson Controls International plc; and Furukawa Electric Co., Ltd., among others across U.S.
Growth Factors:
- Increasing demand for electric vehicles: The 48V DC-DC Converter market is expected to grow significantly in the coming years owing to the increasing demand for electric vehicles. This is mainly because of the advantages offered by electric vehicles such as low emissions, fuel efficiency, and easy maintenance.
- Rising investments in renewable energy: The growth of the 48V DC-DC Converter market can also be attributed to the rising investments in renewable energy sources such as solar and wind power. This is because renewable energy sources are becoming increasingly popular due to their environmental benefits and cost-effectiveness.
- Growing popularity of smart grids: Another major factor that is driving the growth of the 48V DC-DC Converter market is the growing popularity of smart grids across different regions worldwide. Smart grids are able to provide a number of benefits such as improved reliability, reduced greenhouse gas emissions, and enhanced grid security among others.
Scope Of The Report
Report Attributes
Report Details
Report Title
48V DC-DC Converter Market Research Report
By Type
Isolated, Non-isolated
By Application
Automotive, Battery Backup Units, Others
By Companies
Delta Electronics, Eaton, Bosch, PULS GmbH, Vitesco Technologies, Vicor Corporation, Texas Instruments Incorporated, WAGO, Victron Energy, Prodrive, Delta Electronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global 48V DC-DC Converter Market Report Segments:
The global 48V DC-DC Converter market is segmented on the basis of:
Types
Isolated, Non-isolated
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Battery Backup Units, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Delta Electronics
- Eaton
- Bosch
- PULS GmbH
- Vitesco Technologies
- Vicor Corporation
- Texas Instruments Incorporated
- WAGO
- Victron Energy
- Prodrive
- Delta Electronics
Highlights of The 48V DC-DC Converter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Isolated
- Non-isolated
- By Application:
- Automotive
- Battery Backup Units
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 48V DC-DC Converter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A 48V DC-DC converter is a power supply that can convert between 48 volts and 5 volts. It is used to power devices that require a higher voltage than what your vehicle's battery can provide, such as an electric bike or electric car.
Some of the major companies in the 48v dc-dc converter market are Delta Electronics, Eaton, Bosch, PULS GmbH, Vitesco Technologies, Vicor Corporation, Texas Instruments Incorporated, WAGO, Victron Energy, Prodrive, Delta Electronics.
The 48v dc-dc converter market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 48V DC-DC Converter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 48V DC-DC Converter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 48V DC-DC Converter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 48V DC-DC Converter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 48V DC-DC Converter Market Size & Forecast, 2018-2028
4.5.1 48V DC-DC Converter Market Size and Y-o-Y Growth
4.5.2 48V DC-DC Converter Market Absolute $ Opportunity
Chapter 5 Global 48V DC-DC Converter Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 48V DC-DC Converter Market Size Forecast by Type
5.2.1 Isolated
5.2.2 Non-isolated
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 48V DC-DC Converter Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 48V DC-DC Converter Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Battery Backup Units
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 48V DC-DC Converter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 48V DC-DC Converter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America 48V DC-DC Converter Analysis and Forecast
9.1 Introduction
9.2 North America 48V DC-DC Converter Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America 48V DC-DC Converter Market Size Forecast by Type
9.6.1 Isolated
9.6.2 Non-isolated
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America 48V DC-DC Converter Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Battery Backup Units
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe 48V DC-DC Converter Analysis and Forecast
10.1 Introduction
10.2 Europe 48V DC-DC Converter Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe 48V DC-DC Converter Market Size Forecast by Type
10.6.1 Isolated
10.6.2 Non-isolated
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe 48V DC-DC Converter Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Battery Backup Units
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific 48V DC-DC Converter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 48V DC-DC Converter Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific 48V DC-DC Converter Market Size Forecast by Type
11.6.1 Isolated
11.6.2 Non-isolated
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific 48V DC-DC Converter Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Battery Backup Units
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America 48V DC-DC Converter Analysis and Forecast
12.1 Introduction
12.2 Latin America 48V DC-DC Converter Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America 48V DC-DC Converter Market Size Forecast by Type
12.6.1 Isolated
12.6.2 Non-isolated
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America 48V DC-DC Converter Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Battery Backup Units
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) 48V DC-DC Converter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 48V DC-DC Converter Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) 48V DC-DC Converter Market Size Forecast by Type
13.6.1 Isolated
13.6.2 Non-isolated
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) 48V DC-DC Converter Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Battery Backup Units
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 48V DC-DC Converter Market: Competitive Dashboard
14.2 Global 48V DC-DC Converter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Delta Electronics
14.3.2 Eaton
14.3.3 Bosch
14.3.4 PULS GmbH
14.3.5 Vitesco Technologies
14.3.6 Vicor Corporation
14.3.7 Texas Instruments Incorporated
14.3.8 WAGO
14.3.9 Victron Energy
14.3.10 Prodrive
14.3.11 Delta Electronics
