Global Automotive DC-DC Converters Market to 2032
Overview
The Global Automotive DC-DC Converters Market is expected to reach a 18.40 USD Million by 2032 and is projected to grow at a CAGR of 20.64% from 2025 to 2032.
Revenue, 2024 (USD Million)
2.87
Forecast, 2032 (USD Million)
18.40
CAGR, 2024 - 2032
20.64%
Report Coverage
Global
Global Automotive DC-DC Converters Market 2018-2032 USD Million
Global Automotive DC-DC Converters Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 2.87 USD Million
- Projected Market Size (2032): 18.40 USD Million
- CAGR (2025-2032): 20.64%
Key Findings of Global Automotive DC-DC Converters Market
- The Global Automotive DC-DC Converters Market was valued at 18.40 USD Million in 2024.
- The Global Automotive DC-DC Converters Market is likely to grow at a CAGR of 20.64% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Passenger Vehicle in Vehicle Type Segment accounted for the largest share of the market with a revenue of 2.36 USD Million
- The fastest growing segment Battery Electric Vehicle (BEV) in Propulsion Type Segment grew Fastest with a CAGR of 22.28% during the forecast period from 2024 to 2032.
Global Automotive DC-DC Converters Market Scope
Global Automotive DC-DC Converters Market Segmentation & Scope
Vehicle Type
- Commercial Vehicle
- Commercial Vehicle
- Passenger Vehicle
Propulsion Type
- Fuel Cell Electric Vehicle (FCEV)
- Battery Electric Vehicle (BEV)
- Hybrid & Plug-In Hybrid Electric Vehicle (HEV & PHEV)
Output Power
- Above 1000 W
- 501 W-1000 W
- 251 W-500 W
- 0.25 W-250 W
Output Voltage
- 15.1 V - 20 V
- 5.1 V - 10 V
- Above 20 V
- 5 V & Below
- 10.1 V - 15 V
Input Voltage
- Above 70 V
- Below 40 V
- 40 V-70 V
Product Type
- Non-Isolated
- Isolated
Global Automotive DC-DC Converters Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 2.87 USD Million |
| Market Value in 2032 | 18.40 USD Million |
| CAGR (2025-2032) | 20.64% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vehicle Type,Propulsion Type,Output Power,Output Voltage,Input Voltage,Product Type |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 2.87 USD Million in 2024
- Key Country: China, leading in terms of revenue with value of 1.32 USD Million in 2024.
Segments and Scope
-
Global Automotive DC-DC Converters Market to 2032, By Vehicle Type
- Passenger Vehicle is the largest segment in Global Automotive DC-DC Converters Market to 2032 with a revenue of 2.36 USD Million in the year 2024.
- Commercial Vehicle is the Fastest growing segment in Global Automotive DC-DC Converters Market to 2032 with a Growth rate of 20.33 % in forecast period 2025-2032.
-
Global Automotive DC-DC Converters Market to 2032, By Propulsion Type
- Hybrid & Plug-In Hybrid Electric Vehicle (HEV & PHEV) is the largest segment in Global Automotive DC-DC Converters Market to 2032 with a revenue of 1.58 USD Million in the year 2024.
- Battery Electric Vehicle (BEV) is the Fastest growing segment in Global Automotive DC-DC Converters Market to 2032 with a Growth rate of 19.31 % in forecast period 2025-2032.
-
Global Automotive DC-DC Converters Market to 2032, By Output Power
- 0.25 W-250 W is the largest segment in Global Automotive DC-DC Converters Market to 2032 with a revenue of 1.56 USD Million in the year 2024.
- 0.25 W-250 W is the Fastest growing segment in Global Automotive DC-DC Converters Market to 2032 with a Growth rate of 21.42 % in forecast period 2025-2032.
-
Global Automotive DC-DC Converters Market to 2032, By Output Voltage
- 10.1 V - 15 V is the largest segment in Global Automotive DC-DC Converters Market to 2032 with a revenue of 1.01 USD Million in the year 2024.
- 5 V & Below is the Fastest growing segment in Global Automotive DC-DC Converters Market to 2032 with a Growth rate of 20.84 % in forecast period 2025-2032.
-
Global Automotive DC-DC Converters Market to 2032, By Input Voltage
- 40 V-70 V is the largest segment in Global Automotive DC-DC Converters Market to 2032 with a revenue of 1.44 USD Million in the year 2024.
- 40 V-70 V is the Fastest growing segment in Global Automotive DC-DC Converters Market to 2032 with a Growth rate of 21.30 % in forecast period 2025-2032.
-
Global Automotive DC-DC Converters Market to 2032, By Product Type
- Isolated is the largest segment in Global Automotive DC-DC Converters Market to 2032 with a revenue of 1.88 USD Million in the year 2024.
- Isolated is the Fastest growing segment in Global Automotive DC-DC Converters Market to 2032 with a Growth rate of 21.40 % in forecast period 2025-2032.
Global Automotive DC-DC Converters Market Company Share Analysis
| Company Name |
|
||
| Murata Manufacturing Co., Ltd. | |||
| TDK Corporation | |||
| Robert Bosch GmbH | |||
| BorgWarner Inc. | |||
| DENSO Corporation | |||
Global Automotive DC-DC Converters Market Geographical Sales Distribution, 2018-2032 USD Million
Global Automotive DC-DC Converters Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Automotive DC-DC Converters Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Output Power,Output Voltage,Input Voltage,Product Type.
Global Automotive DC-DC Converters Market was valued at USD 2.87(Revenue in USD Million) in 2021.
Global Automotive DC-DC Converters Market is projected to grow at a CAGR of 20.64% during the forecast period of 2024 to 2032.
The Passenger Vehicle segment is expected to dominate the Global Automotive DC-DC Converters Market, holding a largest market share of 2.36 USD Million in 2024
Global Automotive DC-DC Converters Market Scope
Global Automotive DC-DC Converters Market Segmentation & Scope
Vehicle Type
- Commercial Vehicle
- Commercial Vehicle
- Passenger Vehicle
Propulsion Type
- Fuel Cell Electric Vehicle (FCEV)
- Battery Electric Vehicle (BEV)
- Hybrid & Plug-In Hybrid Electric Vehicle (HEV & PHEV)
Output Power
- Above 1000 W
- 501 W-1000 W
- 251 W-500 W
- 0.25 W-250 W
Output Voltage
- 15.1 V - 20 V
- 5.1 V - 10 V
- Above 20 V
- 5 V & Below
- 10.1 V - 15 V
Input Voltage
- Above 70 V
- Below 40 V
- 40 V-70 V
Product Type
- Non-Isolated
- Isolated
Frequently Asked Questions
The Global Automotive DC-DC Converters Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Output Power,Output Voltage,Input Voltage,Product Type.
Global Automotive DC-DC Converters Market was valued at USD 2.87(Revenue in USD Million) in 2021.
Global Automotive DC-DC Converters Market is projected to grow at a CAGR of 20.64% during the forecast period of 2024 to 2032.
The estimated market value of the Global Automotive DC-DC Converters Market for final year is USD 18.40 (USD Million).
Global Automotive DC-DC Converters Market Company Profiling
Frequently Asked Questions
The Global Automotive DC-DC Converters Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Output Power,Output Voltage,Input Voltage,Product Type.
Global Automotive DC-DC Converters Market was valued at USD 2.87(Revenue in USD Million) in 2021.
Global Automotive DC-DC Converters Market is projected to grow at a CAGR of 20.64% during the forecast period of 2024 to 2032.
The estimated market value of the Global Automotive DC-DC Converters Market for final year is USD 18.40 (USD Million).
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