The Global Aerospace Direct Current (DC-DC) Converter Market was valued at USD 0.70 billion in 2021 and is expected to reach USD 1.57 billion by 2029, registering a CAGR of 10.60% during the forecast period of 2022 to 2029.
Aerospace Direct Current (DC-DC) Converter Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increased Adoption of DC-DC Converters
The increase in the adoption of DC-DC converters in the past years along with the adoption of Internet of Things (IoT) acts as one of the major factors driving the growth of the aerospace direct current (DC-DC) converter market.
- Surge in Air Travel
The surge in air travel across the globe due to rise in tourism and high standard of living acts as one of the major factor driving the growth of aerospace fasteners market.
- Aviation Industry
The high investment by aviation industry owing to the requirement for aircraft and high rate of air traffic further influence the market. Air travel is considered comfortable, cost-effective and fastest travel option for many individuals.
Opportunities
Furthermore, increase in environmental concerns extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, surge in demand for business jets from developing regions will further escalate the growth of aerospace direct current (DC-DC) converter market.
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Global Aerospace Direct Current (DC-DC) Converter Market Scope
The aerospace direct current (DC-DC) converter market is segmented on the basis of aircraft type, form factor, input voltage, output voltage, output number, type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Aircraft Type
- Fixed Wing
- Rotary Wing
- Unmanned Aerial Vehicles
- Air Taxis
Form Factor
- Chassis Mount
- Encapsulated
- Brick
- Others
Input Voltage
- <28V
- 28-75V
- 75-270V
- 270-800V
- >800V
Output Voltage
- <5V
- 12V
- 15V
- 24V
- 48V
- >48V
Output Power
- <10W
- 10-29W
- 30-99W
- 100-250W
- 250-500W
- 500-1,000W
- >1,000W
Output Number
- Single Output
- Dual Output
- Multiple Output
Type
- Isolated
- Non-Isolated
Application
- Avionics
- Flight Control System
- Surveillance System
- Environmental Control System
- Energy Storage System
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Competitive Landscape and Aerospace Direct Current (DC-DC) Converter Market Share Analysis
Some of the major players operating in the aerospace direct current (DC-DC) converter market are
- TDK-Lambda Corporation. (Japan)
- Murata Manufacturing Co., Ltd. (Japan)
- Infineon Technologies AG (Germany)
- Advanced Energy (US)
- Vicor Corporation (US)
- PICO Electronics, Inc. (US)
- Abbott Technologies (US)
- Texas Instruments Incorporated. (US)
- FDK CORPORATION (Japan)
- RECOM Power GmbH. (Gmunden)
- Crane Holdings, Co. (US)
- BrightLoop Converters (France)
- Cincon Electronics Co., Ltd. (US)
- Martek Power (US)
- XP Power (Singapore)
- Viable Power (Canada)
- Bel Fuse Inc. (US)
- Thales (France)
- KGS Electronics (US)
MAJOR TOC OF THE REPORT
Ø Chapter One: Intoduction
Ø Chapter Two: Market Dynamics
Ø Chapter Three: Market Scope
Ø Chapter Four: Market share Analysis
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