Insights on the Automotive DC-DC Converter Global Market to 2026 - Featuring TDK, Continental and Aptiv Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Automotive DC-DC Converter Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The global automotive DC-DC converter market is valued at USD 9 Billion in 2020 and is expected to reach USD 17 Billion by 2026 registering a CAGR of over 10% during the forecast period 2021-2026.

Companies Mentioned

• Toyota Industries Corporation
• TDK Corporation
• Continental AG
• Robert Bosch GmbH
• Denso Corporation
• Panasonic Corporation
• Infineon Technologies AG
• Hella GmbH & Co. KGaA
• Aptiv
• Alps Alpine Co. Ltd
• Marelli Corporation
• Valeo Group

Key Market Trends

R&D Efforts to Integrate DC-DC Converters into Commercial Vehicles

The global adoption of stringent emission norms is driving the automotive OEMs to integrate advanced technologies in their vehicle offerings to enhance their fuel efficiency. This has resulted in the development of electric drivetrain for medium and heavy commercial vehicles (M&HCVs). The electric drivetrain mandates the integration of a DC-DC converter to ensure higher efficiency.

The increase in sales of commercial vehicles has driven component manufacturers to upgrade their product offerings. On this note, recently, Prodrive launched a 48V to 12V DC-DC converter that is compliant to the ISO/DIS 21780 standard for 48V automotive systems. The converter can be configured to suit automotive networks, including CAN and FlexRay, and is available in multiple power options, ranging from 400W to 2.2kW. Similarly, in October 2016, Ricoh Europe (Netherlands) BV introduced the R1273L synchronous buck DC/DC converter, that can function efficiently over a wide input voltage range up to 34V to deliver a maximum output of 14A.

Increasing Sales of Electric Vehicles in Asia-Pacific

In 2020, the sales of electric vehicles in China reached 1.3 million units. Also, the Government of China had lifted taxes or has given a considerable amount of tax exemption on the purchase of EVs. These initiatives by the government have attracted a lot of customers to purchase EVs in this country.

Of the two models launched, one is an electric sedan, and the other is an electric SUV. The sedan is expected to be launched first, with the presale starting at the Auto China 2021 in April, and the SUV may hit the market in 2022. The company has informed that the vehicles may be offered with a 93 kWh battery, while a 115 kWh battery will be available as an option. Hence, the sedan may provide a range of up to 874 km in the NEDC cycle.

In December 2020, Hyundai Motor Group announced its plans to introduce an only-electric platform in 2021, using its own battery technology to cut production time and cost. In September 2020, Tesla Inc. announced that it was working on reducing the cost of its EV batteries and increasing production. It aims to reduce the price of its car to USD 25,000.

With most of the electric vehicles and components being manufactured locally and with the government's key national strategies and plans, it is expected that the country's market will have a high growth rate during the forecast period.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Restraints

4.3 Industry Attractiveness - Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Vehicle Type

5.1.1 Commercial Vehicle

5.1.2 Passenger Vehicle

5.2 Geography

5.2.1 North America

5.2.1.1 United States

5.2.1.2 Canada

5.2.1.3 Rest of North America

5.2.2 Europe

5.2.2.1 Germany

5.2.2.2 United Kingdom

5.2.2.3 France

5.2.2.4 Rest of Europe

5.2.3 Asia-Pacific

5.2.3.1 China

5.2.3.2 Japan

5.2.3.3 India

5.2.3.4 Rest of Asia-Pacific

5.2.4 Rest of the World

5.2.4.1 South America

5.2.4.2 Middle-East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Vendor Market Share

6.2 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/swd94s