Market Overview:
The global converter modules market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for energy-efficient and reliable power conversion systems across various applications. Converter modules are used in a wide range of applications, such as IT and telecommunication, industrial, healthcare, transportation and logistics, aerospace and defense, and others. These modules are used to convert one form of electrical energy into another form for efficient utilization in various end-use industries.
Product Definition:
Converter Modules are used to convert one form of energy into another. This is important because it allows us to use different forms of energy interchangeably, depending on what is available or what is most efficient.
DC-DC Converter Module:
DC-DC converters are electronic devices that convert the Alternating Current (AC) from a power source to a lower voltage DC current. The AC input comes from an external power source and converts into a regulated DC output. These modules are used in applications such as battery chargers, electric vehicles, solar systems, and other smart grid technologies for efficient operations.
DC-AC Converter Module:
DC-AC converters are used to step up or step down the voltage levels of a DC input. The power source gets converted into different AC levels by these converters. It is mostly used in solar systems, battery banks, and other devices that require an alternative power source.
The global converter modules market is driven by growing demand for Uninterruptible Power Supply (UPS) across various end-use industries such as manufacturing, data centers among others.
Application Insights:
The industry is segmented by application into IT and telecommunication, industrial, healthcare, transportation and logistics, aerospace and defense. The IT and telecommunication segment dominated the market in 2017 owing to increasing demand for high-speed data transfer services across the globe. The growing need for data communication networks has resulted in an increased number of installations of these modules across the world. Furthermore, rising demand for Wi-Fi connectivity at airports worldwide is expected to drive growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region with a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing demand for power supply in countries, such as China and India. In addition, rising number of data centers in these countries is anticipated to boost the market growth over the forecast period.
The Asia Pacific was followed by Europe which accounted for more than 25% share of global revenue in 2017 owing to high penetration rate of converters used across end-use industries including IT and telecommunication, industrial applications, healthcare sector among others. North America region also contributed significantly towards global market share due to presence major players operating within U.S., such as SEGWAY INC.; APC Corp; Power Technology LLC; and Triad Magnetics Inc.
Growth Factors:
- Increasing demand for energy-efficient devices
- Rising popularity of electric vehicles
- Proliferation of Internet of Things (IoT) and smart homes
- Growing demand for renewable energy sources
- Advances in semiconductor technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Converter Modules Market Research Report
By Type
DC-DC Converter Module, DC-AC Converter Module, AC-DC Converter Module
By Application
IT and Telecommunication, Industrial, Healthcare, Transportation and Logistics, Aerospace and Defense, Others
By Companies
Delta Electronics, Rohm Semiconductor, STMicroelectronics, Renesas Electronics Corporation, Texas Instruments, ABB, Mitsubishi Electric Corporation, Flex, Advantech, Murata Manufacturing, Recom Power, Fujitsu, TDK Corporation, Tamura Corporation, Würth Elektronik GmbH
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Converter Modules Market Report Segments:
The global Converter Modules market is segmented on the basis of:
Types
DC-DC Converter Module, DC-AC Converter Module, AC-DC Converter Module
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
IT and Telecommunication, Industrial, Healthcare, Transportation and Logistics, Aerospace and Defense, 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
- Rohm Semiconductor
- STMicroelectronics
- Renesas Electronics Corporation
- Texas Instruments
- ABB
- Mitsubishi Electric Corporation
- Flex
- Advantech
- Murata Manufacturing
- Recom Power
- Fujitsu
- TDK Corporation
- Tamura Corporation
- Würth Elektronik GmbH
Highlights of The Converter Modules 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:
- DC-DC Converter Module
- DC-AC Converter Module
- AC-DC Converter Module
- By Application:
- IT and Telecommunication
- Industrial
- Healthcare
- Transportation and Logistics
- Aerospace and Defense
- 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 Converter Modules 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?
Converter modules are a type of module that allow you to convert between different types of data. For example, you can use a converter module to convert between text and numbers, or images and text.
Some of the major players in the converter modules market are Delta Electronics, Rohm Semiconductor, STMicroelectronics, Renesas Electronics Corporation, Texas Instruments, ABB, Mitsubishi Electric Corporation, Flex, Advantech, Murata Manufacturing, Recom Power, Fujitsu, TDK Corporation, Tamura Corporation, W¼rth Elektronik GmbH.
The converter modules market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Converter Modules 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 Converter Modules Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Converter Modules 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 Converter Modules 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 Converter Modules Market Size & Forecast, 2018-2028
4.5.1 Converter Modules Market Size and Y-o-Y Growth
4.5.2 Converter Modules Market Absolute $ Opportunity
Chapter 5 Global Converter Modules 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 Converter Modules Market Size Forecast by Type
5.2.1 DC-DC Converter Module
5.2.2 DC-AC Converter Module
5.2.3 AC-DC Converter Module
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Converter Modules 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 Converter Modules Market Size Forecast by Applications
6.2.1 IT and Telecommunication
6.2.2 Industrial
6.2.3 Healthcare
6.2.4 Transportation and Logistics
6.2.5 Aerospace and Defense
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Converter Modules 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 Converter Modules 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 Converter Modules Analysis and Forecast
9.1 Introduction
9.2 North America Converter Modules 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 Converter Modules Market Size Forecast by Type
9.6.1 DC-DC Converter Module
9.6.2 DC-AC Converter Module
9.6.3 AC-DC Converter Module
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 Converter Modules Market Size Forecast by Applications
9.10.1 IT and Telecommunication
9.10.2 Industrial
9.10.3 Healthcare
9.10.4 Transportation and Logistics
9.10.5 Aerospace and Defense
9.10.6 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 Converter Modules Analysis and Forecast
10.1 Introduction
10.2 Europe Converter Modules 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 Converter Modules Market Size Forecast by Type
10.6.1 DC-DC Converter Module
10.6.2 DC-AC Converter Module
10.6.3 AC-DC Converter Module
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 Converter Modules Market Size Forecast by Applications
10.10.1 IT and Telecommunication
10.10.2 Industrial
10.10.3 Healthcare
10.10.4 Transportation and Logistics
10.10.5 Aerospace and Defense
10.10.6 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 Converter Modules Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Converter Modules 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 Converter Modules Market Size Forecast by Type
11.6.1 DC-DC Converter Module
11.6.2 DC-AC Converter Module
11.6.3 AC-DC Converter Module
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 Converter Modules Market Size Forecast by Applications
11.10.1 IT and Telecommunication
11.10.2 Industrial
11.10.3 Healthcare
11.10.4 Transportation and Logistics
11.10.5 Aerospace and Defense
11.10.6 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 Converter Modules Analysis and Forecast
12.1 Introduction
12.2 Latin America Converter Modules 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 Converter Modules Market Size Forecast by Type
12.6.1 DC-DC Converter Module
12.6.2 DC-AC Converter Module
12.6.3 AC-DC Converter Module
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 Converter Modules Market Size Forecast by Applications
12.10.1 IT and Telecommunication
12.10.2 Industrial
12.10.3 Healthcare
12.10.4 Transportation and Logistics
12.10.5 Aerospace and Defense
12.10.6 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) Converter Modules Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Converter Modules 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) Converter Modules Market Size Forecast by Type
13.6.1 DC-DC Converter Module
13.6.2 DC-AC Converter Module
13.6.3 AC-DC Converter Module
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) Converter Modules Market Size Forecast by Applications
13.10.1 IT and Telecommunication
13.10.2 Industrial
13.10.3 Healthcare
13.10.4 Transportation and Logistics
13.10.5 Aerospace and Defense
13.10.6 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 Converter Modules Market: Competitive Dashboard
14.2 Global Converter Modules Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Delta Electronics
14.3.2 Rohm Semiconductor
14.3.3 STMicroelectronics
14.3.4 Renesas Electronics Corporation
14.3.5 Texas Instruments
14.3.6 ABB
14.3.7 Mitsubishi Electric Corporation
14.3.8 Flex
14.3.9 Advantech
14.3.10 Murata Manufacturing
14.3.11 Recom Power
14.3.12 Fujitsu
14.3.13 TDK Corporation
14.3.14 Tamura Corporation
14.3.15 Würth Elektronik GmbH
