Market Overview:
The global digital power conversion market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and reliable power conversion solutions across various applications. Additionally, the growing trend of miniaturization and integration is also fueling the growth of this market. The AC/DC segment is expected to hold the largest share of the global digital power conversion market in 2018. This segment is mainly driven by the increasing demand for AC/DC converters in industrial and automotive applications.
Product Definition:
Digital power conversion is the process of converting electrical power from one form to another using digital electronic circuitry. The importance of digital power conversion lies in the fact that it can result in a more efficient and reliable system than traditional analog methods.
AC/DC:
AC/DC is a technology that converts an AC signal to DC and vice versa. It's major application is in power supplies where it's used for step-down conversion of an input voltage to a lower level, typically 3 V or 1.5 V. The term comes from the fact that it can be done in two ways; either by using diodes (active or passive) or by using transistors (inverting or non-inverting).
Isolated DC/DC:
Isolated DC/DC (DCDC) is a new concept of power conversion circuit which has gained significant importance owing to the growing demand for high efficiency and reliability in electronic devices. Isolated DC/DC is an innovative approach that integrates switching regulators with DC-to-DC converters, eliminating the need for a battery backup. The absence of a battery eliminates the risk of failure due to discharge, and thus improves system reliability.
Application Insights:
The market is segmented by application into industrial, automotive, enterprise and cloud computing, communication infrastructure and others. The communication infrastructure segment accounted for the largest revenue share in 2017 owing to the growing demand for digital power conversion devices from wireless telecom companies. These companies are investing heavily in order to provide high-speed 4G LTE network connectivity to a large number of users. As a result, there has been an increase in demand for DPC solutions from mobile communications providers across the globe.
The enterprise and cloud computing segment is expected to witness significant growth over the forecast period due largelyto increasing adoption of server farms across various industries such as banking, financial services.
Regional Analysis:
The Asia Pacific region is anticipated to witness significant growth over the forecast period owing to the increasing demand for digital power conversion solutions from various end-use industries. The growing industrialization and consumer electronics industry in this region are also expected to drive market growth. Moreover, rising investments in communication infrastructure are further expected to boost regional market development.
North America accounted for a revenue share of more than 20% in 2017 owing to its well-established telecommunication sector that has been investing heavily in network expansion and upgrading activities across major cities, thereby driving product adoption across key markets such as data centers and enterprise IT departments. In addition, technological advancements such as high-speed wireless connectivity along with an increase in cloud computing usage have ledto increased demandfor DC/AC products usedin data centers among other applications; these factors together are likely tobuild North America’s share over the forecast period.
Growth Factors:
- Increasing demand for energy-efficient devices: The global market for digital power conversion is expected to grow at a CAGR of more than 9% from 2016 to 2020. This growth can be attributed to the increasing demand for energy-efficient devices, especially in the industrial and automotive sectors.
- Growing popularity of renewable energy sources: Renewable energy sources are becoming increasingly popular due to their environmental benefits and cost-effectiveness. This is driving the demand for digital power conversion products that can efficiently convert renewable energy into usable forms such as electricity or heat.
- Rising investment in smart grid infrastructure: Smart grids are being increasingly adopted all over the world as they offer several advantages such as improved efficiency, reduced emissions, and enhanced security & reliability. This is resulting in an increase in investments in smart grid infrastructure, which is benefiting the market for digital power conversion products significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Power Conversion Market Research Report
By Type
AC/DC, Isolated DC/DC, Sequencers, DC/AC, Hot Swap
By Application
Industrial, Automotive, Enterprise & Cloud Computing, Communication Infrastructure
By Companies
Texas Instruments, NXP Semiconductor, Vertiv Co, Ericsson Power Modules AB, General Electric, Infineon Technologies A.G., Microchip Technology Inc, TDK Corporation, Cosel CO. Ltd, Cirrus Logic Inc., Texas Instruments
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Digital Power Conversion Market Report Segments:
The global Digital Power Conversion market is segmented on the basis of:
Types
AC/DC, Isolated DC/DC, Sequencers, DC/AC, Hot Swap
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
Industrial, Automotive, Enterprise & Cloud Computing, Communication Infrastructure
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:
- Texas Instruments
- NXP Semiconductor
- Vertiv Co
- Ericsson Power Modules AB
- General Electric
- Infineon Technologies A.G.
- Microchip Technology Inc
- TDK Corporation
- Cosel CO. Ltd
- Cirrus Logic Inc.
- Texas Instruments
Highlights of The Digital Power Conversion 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:
- AC/DC
- Isolated DC/DC
- Sequencers
- DC/AC
- Hot Swap
- By Application:
- Industrial
- Automotive
- Enterprise & Cloud Computing
- Communication Infrastructure
- 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 Digital Power Conversion 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
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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?
Digital power conversion is the process of converting electrical energy from a DC voltage to an AC voltage and then back to a DC voltage.
Some of the major players in the digital power conversion market are Texas Instruments, NXP Semiconductor, Vertiv Co, Ericsson Power Modules AB, General Electric, Infineon Technologies A.G., Microchip Technology Inc, TDK Corporation, Cosel CO. Ltd, Cirrus Logic Inc., Texas Instruments.
The digital power conversion 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 Digital Power Conversion 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 Digital Power Conversion Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Power Conversion 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 Digital Power Conversion 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 Digital Power Conversion Market Size & Forecast, 2020-2028
4.5.1 Digital Power Conversion Market Size and Y-o-Y Growth
4.5.2 Digital Power Conversion Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 AC/DC
5.2.2 Isolated DC/DC
5.2.3 Sequencers
5.2.4 DC/AC
5.2.5 Hot Swap
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Automotive
6.2.3 Enterprise & Cloud Computing
6.2.4 Communication Infrastructure
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Power Conversion 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 Digital Power Conversion 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 AC/DC
9.6.2 Isolated DC/DC
9.6.3 Sequencers
9.6.4 DC/AC
9.6.5 Hot Swap
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 Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Automotive
9.10.3 Enterprise & Cloud Computing
9.10.4 Communication Infrastructure
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 AC/DC
10.6.2 Isolated DC/DC
10.6.3 Sequencers
10.6.4 DC/AC
10.6.5 Hot Swap
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 Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Automotive
10.10.3 Enterprise & Cloud Computing
10.10.4 Communication Infrastructure
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 AC/DC
11.6.2 Isolated DC/DC
11.6.3 Sequencers
11.6.4 DC/AC
11.6.5 Hot Swap
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 Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Automotive
11.10.3 Enterprise & Cloud Computing
11.10.4 Communication Infrastructure
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 AC/DC
12.6.2 Isolated DC/DC
12.6.3 Sequencers
12.6.4 DC/AC
12.6.5 Hot Swap
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 Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Automotive
12.10.3 Enterprise & Cloud Computing
12.10.4 Communication Infrastructure
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 AC/DC
13.6.2 Isolated DC/DC
13.6.3 Sequencers
13.6.4 DC/AC
13.6.5 Hot Swap
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) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Automotive
13.10.3 Enterprise & Cloud Computing
13.10.4 Communication Infrastructure
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 Digital Power Conversion Market: Competitive Dashboard
14.2 Global Digital Power Conversion Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Texas Instruments
14.3.2 NXP Semiconductor
14.3.3 Vertiv Co
14.3.4 Ericsson Power Modules AB
14.3.5 General Electric
14.3.6 Infineon Technologies A.G.
14.3.7 Microchip Technology Inc
14.3.8 TDK Corporation
14.3.9 Cosel CO. Ltd
14.3.10 Cirrus Logic Inc.
14.3.11 Texas Instruments
