DC-DC Converter Market for Space - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis

DC-DC Converter Market Insights for Space 

DC-DC Converter Market for space is likely to witness a moderate CAGR of 3.2% during the forecast period. Increasing concern towards global energy consumption, growing demand in present requirements by the ICT industry, introduction of advanced power saving architectures, and the emergence of digital power management and control technologies are the major factors expected to bolster the growth of the global DC-DC converters market during the forecast period.

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Market Share Analysis

DC-DC Converter Market Share for Space: By Application Type

Based on the application type, the market is segmented as communication, server, storage & network, industrial, aerospace & defense, medical, and consumer. The server, storage & network segment is registering the highest growth. This growth of the segment is owing to the incessant increase in the number of data centers, which call for energy efficiency and high performance. DC-DC converters accomplish the requirements of low voltage for these applications and ascertain uninterrupted power supply for optimal system performance.

DC-DC Converter Market Share for Space: By Output Number Type

Based on the output number type, the market is segmented as single output, dual output, and three output. The three output subsegment is estimated to be the fastest-growing segment during the forecast period. The demand for three output is majorly driven by the demand for multiple outputs that are required for various on-board applications.

DC-DC Converter Market Share for Space: By Input Voltage Type

Based on the input voltage type, the market is segmented as 40V, 40-70V, and >70V. The >70V is estimated to be the fastest-growing segment. As the high voltage DC is more efficient to power future telecommunication and datacom systems, such as 3G, 4G, and 5G systems, the global rise in demand for 4G and 5G services will drive the demand for DC-DC converters during the forecast period.

DC-DC Converter Market Share for Space: By Output Voltage Type

Based on the output voltage type, the market is segmented as 3.3V, 5V, and 12V. The 12V systems are estimated to witness the highest growth in the coming five years. The demand for 12V DC-DC converters is on the rise, driven by certain advantages over low voltage DC-DC converters, such as the cost effectiveness, compact size, and greater power.

DC-DC Converter Market Share for Space: By Output Power Type

Based on the output power type, the market is segmented as <20W, 20-40W, and 40-100W. The <20W is expected to account for the highest CAGR during the forecast period. Rise in the demand for electronic goods in military for military aircraft and weapon systems, automation in the industrial sector and growing demand for health care equipment is driving the market for DC-DC converters globally.  

DC-DC Converter Market Share for Space: By Sales Channel Type

Based on the sales channel type, the market is segmented as direct and indirect. Indirect sales have a higher CAGR in the global DC-DC converter market driven by certain advantages for manufacturers, such as non-requirement of a sales infrastructure, lower operational cost, and the boom in e-commerce, which are driving the growth of the segment.  

DC-DC Converter Market Share for Space: By Form Factor Type

Based on the form factor type, the market is segmented as quarter brick, eighth brick, half brick, full brick, sixteen brick, and others. One of the major factors contributing to the growth of the quarter brick segment is the demand for increased power density. It is estimated, the quarter brick segment will register the highest market share throughout the forecast period.

DC-DC Converter Market Share for Space: By Product Type

Based on the product type, the market is segmented as isolated and non-isolated. The non-isolated DC-DC converters are the faster-growing segment. This segment is growing at a higher rate owing to the upsurge in the global demand for CPUs, cell phones, memory power supplies, and point of load modules.

DC-DC Converter Market Share for Space: By Region

In terms of regions, the global DC-DC converters market in the Asia-Pacific region held the largest market share in 2018, followed by the Americas. The region is likely to continue its dominance during the forecast period. China, Japan and Taiwan are the major producers of electronic devices, such as laptops, air conditioners, and cell phones, among others, which is likely to bolster the demand for DC-DC converters to a great extent.  

DC-DC Converter Market for Space: Key Players

Some of the major players in the DC-DC converter market for space are Airbus Group SE, Asp Equipment GmbH, Crane Aerospace and Electronics, Infineon Technologies AG, Modular Devices Inc., Microsemi Corporation, Synqor Inc., Sitael S.P.A, Thales Group, and UTC Aerospace Systems. 

Market Scope & segmentation

DC-DC converter for space is an electric circuit used for space operations that is responsible for converting the direct current source from one voltage type to the other. The power levels in this type of power converter can range from low to quite high.

DC-DC converter for space is available in isolated and non-isolated product types. Communication, server, storage & network, industrial, aerospace & defense, medical, and consumer are some of the important application types where the DC-DC converter for space is used.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The DC-DC converter market for space is segmented into the following categories. 

DC-DC Converter Market Size, Share, & Forecast for Space, by Application Type:

• Communication (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

• Server, Storage & Network (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Aerospace & Defense (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Medical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Consumer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

DC-DC Converter Market Size, Share, & Forecast for Space, by Output Number Type:

• Single Output (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Dual Output (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Three Output (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

DC-DC Converter Market Size, Share, & Forecast for Space, by Input Voltage Type:

• <40V (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• 40-70V (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• >70V (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

DC-DC Converter Market Size, Share, & Forecast for Space, by Output Voltage Type:

• 3.3V (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• 5V (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• 12V (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

DC-DC Converter Market Size, Share, & Forecast for Space, by Output Power Type:

• <20W (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• 20-40W (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• 40-100W (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

DC-DC Converter Market Size, Share, & Forecast for Space, by Sales Chanel Type:

• Direct (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Indirect (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

DC-DC Converter Market Size, Share, & Forecast for Space, by Form Factor Type:

• Quarter Brick (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Eighth Brick (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Half Brick (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Full Brick (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Sixteen Brick (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

DC-DC Converter Market Size, Share, & Forecast for Space, by Product Type:

• Isolated (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Non-isolated (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

DC-DC Converter Market Size, Share, & Forecast for Space, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conduct more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the product types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].