Global Electric Vehicle DC-DC Converter Market Outlook 2017-2022

Global Electric Vehicle DC-DC Converter Market is expected to witness a massive growth in the forecast period. Electric Vehicles (EVs), Hybrid Electric Vehicles (HEVs) and Fuel Cell Electric Vehicles (FCEVs) have been typically proposed to replace conventional vehicles in the near future. DC-DC converters can be used to interface the elements in the electric power train by boosting or chopping the voltage levels.

The electric vehicle DC-DC converter market is rapidly developing due to the growing fuel proficiency regulations as the players in the automotive industry are steadily working to deliver more competent electric vehicle systems. Thus, all the auto parts manufacturers have been centering to progress and advance the converters with more productivity and higher power density at a cost effective solution. Combining inverter and electric vehicle DC-DC converter as a single is the current  technology that is tremendously attracting the automakers due to its combined and well-organized functionality along with smaller and lighter package. These are some of the substantial dynamics that are helping the electric vehicle DC-DC converter market to grow massively in the current scenario.

Looking at this mammoth hype, existing, as well as new investors, have started investing tremendously in the R&D activities of this market and this will also encourage the manufacturers to come up with some intense innovations. Thus, the electric vehicle DC-DC converter market will foresee an enormous development in the near future.  

The electric vehicle DC-DC converter market is segmented based on product (buck converter, boost converter); by applications (passenger cars, commercial vehicles) and by region (North America, Europe, Asia Pacific, Latin America, Southeast Asia, Middle East & Africa).

Among all the above-mentioned regions, North America is the most prominent market for the electric vehicle DC-DC converters, as it holds the largest share of the market in the existing scenario. This region is expected to dominate the market during the projected time span because the demand for passenger cars has been rapidly increasing in this region and the need for such converters are essential, which is eventually boosting its adoption. This is aiding the region to explore immense expansion over the forecast period. Followed by this, Europe and Asia Pacific are expected to grow enormously in the forthcoming years and will hold the highest market share. In the near future, the electric vehicle DC-DC converter market will continue to come up with some extraordinary product innovations to attract new consumers and investors, for them to continue the domination. 

Some of the prominent key players profiled in the electric vehicle DC-DC converter market report are Shinry Technologies, Valeo, Bosch, Delta Electronics, Shijiazhuang Tonhe Electronics, Shenzhen VAPEL, Shenzhen Vmax Power, Hangzhou EV-Tech and Texas Instruments. All the leading companies are including mergers and acquisitions, partnerships and joint ventures to enhance the growth of the market efficiently.

The global market for electric vehicle DC/DC converter will grow at a CAGR of 29% by 2022, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application (passenger cars, commercial vehicles, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The report covers forecast and analysis for the electric vehicle DC/DC converter market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the electric vehicle DC/DC converter market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the electric vehicle DC/DC converter market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global electric vehicle DC/DC converter market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

Demand for this market rises from the passenger cars, commercial vehicles, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global electric vehicle DC/DC converter market.

Key Applications
- Passenger Cars
- Commercial Vehicles

Key Regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- Shinry Technologies
- Valeo
- Bosch
- Delta Electronics
- Shijiazhuang Tonhe Electronics
- Shenzhen VAPEL
- Shenzhen Vmax Power
- Hangzhou EV-Tech
- Texas Instruments
- request free sample to get a complete list of companies

Key Questions Answered in this Report
- What will the market size be in 2022?
- What are the key factors driving the global electric vehicle DC/DC converter market?
- What are the challenges to market growth?
- Who are the key players in the electric vehicle DC/DC converter market?
- What are the market opportunities and threats faced by the key players?