| Product Code: ETC4557865 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India automotive DC-DC converters market import shipments exhibited a steady expansion with a CAGR of 11.0% from 2020 to 2024. Notably, the growth rate surged by 19.7% between 2023 and 2024, indicating accelerated momentum and a robust upward trend during the period.
The India Automotive DC-DC Converters market is evolving in response to the automotive industry`s increasing electrification and the adoption of electric and hybrid vehicles. DC-DC converters play a vital role in managing power distribution in electric and hybrid vehicles, ensuring optimal energy utilization. As India aims to reduce its carbon footprint and promote electric mobility, the automotive DC-DC converter market is growing. Domestic and international manufacturers are focusing on developing efficient and compact converters to meet the specific needs of the India automotive industry.
The India automotive DC-DC converters market is growing due to several driving factors. Firstly, the transition to electric and hybrid vehicles is increasing the demand for DC-DC converters. These converters are essential for managing power distribution in these vehicles, ensuring efficient conversion of voltage from the high-voltage battery to the low-voltage systems. Secondly, the government`s push for electric mobility and the promotion of electric vehicle (EV) adoption is driving the market. Incentives and policies to reduce greenhouse gas emissions and enhance energy efficiency are encouraging automotive manufacturers to incorporate DC-DC converters in their EVs. Thirdly, advancements in power electronics and semiconductor technology are making DC-DC converters more compact and efficient, aligning with the trend of smaller and lighter EVs. Additionally, the increasing awareness of the environmental impact of traditional internal combustion engine vehicles is boosting the shift towards electric vehicles and, consequently, the market for DC-DC converters.
The India Automotive DC-DC Converters market faces challenges related to technological advancements, power efficiency, and cost-effectiveness. As automotive technology evolves, DC-DC converters must keep pace to meet the power demands of modern vehicles, including electric and hybrid cars. Ensuring high power efficiency in converters, especially in high-voltage systems, is crucial for optimizing vehicle performance and reducing energy loss. The cost-effectiveness of DC-DC converters is a key factor, as automotive manufacturers seek to balance quality and affordability. Additionally, adhering to automotive safety standards and regulations is essential, given the critical role of DC-DC converters in vehicle power management. Keeping up with the rapid changes in the automotive industry and consumer preferences presents an ongoing challenge.
The automotive DC-DC converters market in India faced disruptions due to supply chain challenges and reduced vehicle production. However, as the automotive industry rebounds, the market for power electronics components like DC-DC converters is expected to recover.
Key players in India automotive DC-DC converters market comprise Infineon Technologies India, Texas Instruments, Analog Devices, Maxim Integrated, and ROHM Semiconductor.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automotive DC-DC Converters Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive DC-DC Converters Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive DC-DC Converters Market - Industry Life Cycle |
3.4 India Automotive DC-DC Converters Market - Porter's Five Forces |
3.5 India Automotive DC-DC Converters Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 India Automotive DC-DC Converters Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.7 India Automotive DC-DC Converters Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 India Automotive DC-DC Converters Market Revenues & Volume Share, By Input Voltage, 2021 & 2031F |
3.9 India Automotive DC-DC Converters Market Revenues & Volume Share, By Output Power, 2021 & 2031F |
3.10 India Automotive DC-DC Converters Market Revenues & Volume Share, By Output Voltage, 2021 & 2031F |
4 India Automotive DC-DC Converters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in India |
4.2.2 Government initiatives and incentives promoting the adoption of electric vehicles |
4.2.3 Growing focus on energy efficiency and sustainability in the automotive sector |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and associated components, including DC-DC converters |
4.3.2 Limited charging infrastructure for electric vehicles in India |
4.3.3 Technological challenges related to the efficiency and performance of DC-DC converters |
5 India Automotive DC-DC Converters Market Trends |
6 India Automotive DC-DC Converters Market, By Types |
6.1 India Automotive DC-DC Converters Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 India Automotive DC-DC Converters Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.1.3 India Automotive DC-DC Converters Market Revenues & Volume, By Commercial, 2021-2031F |
6.1.4 India Automotive DC-DC Converters Market Revenues & Volume, By Passenger, 2021-2031F |
6.2 India Automotive DC-DC Converters Market, By Propulsion Type |
6.2.1 Overview and Analysis |
6.2.2 India Automotive DC-DC Converters Market Revenues & Volume, By BEV, 2021-2031F |
6.2.3 India Automotive DC-DC Converters Market Revenues & Volume, By FCEV, 2021-2031F |
6.2.4 India Automotive DC-DC Converters Market Revenues & Volume, By PHEV, 2021-2031F |
6.3 India Automotive DC-DC Converters Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 India Automotive DC-DC Converters Market Revenues & Volume, By Isolated, 2021-2031F |
6.3.3 India Automotive DC-DC Converters Market Revenues & Volume, By Non-isolated, 2021-2031F |
6.4 India Automotive DC-DC Converters Market, By Input Voltage |
6.4.1 Overview and Analysis |
6.4.2 India Automotive DC-DC Converters Market Revenues & Volume, By <40V, 2021-2031F |
6.4.3 India Automotive DC-DC Converters Market Revenues & Volume, By 40??70V, 2021-2031F |
6.4.4 India Automotive DC-DC Converters Market Revenues & Volume, By >70V, 2021-2031F |
6.5 India Automotive DC-DC Converters Market, By Output Power |
6.5.1 Overview and Analysis |
6.5.2 India Automotive DC-DC Converters Market Revenues & Volume, By <1kW, 2021-2031F |
6.5.3 India Automotive DC-DC Converters Market Revenues & Volume, By 1??10kW, 2021-2031F |
6.5.4 India Automotive DC-DC Converters Market Revenues & Volume, By 10??20kW, 2021-2031F |
6.5.5 India Automotive DC-DC Converters Market Revenues & Volume, By >20kW, 2021-2031F |
6.6 India Automotive DC-DC Converters Market, By Output Voltage |
6.6.1 Overview and Analysis |
6.6.2 India Automotive DC-DC Converters Market Revenues & Volume, By 3.3V, 2021-2031F |
6.6.3 India Automotive DC-DC Converters Market Revenues & Volume, By 5V, 2021-2031F |
6.6.4 India Automotive DC-DC Converters Market Revenues & Volume, By 12V, 2021-2031F |
6.6.5 India Automotive DC-DC Converters Market Revenues & Volume, By 15V, 2021-2031F |
6.6.6 India Automotive DC-DC Converters Market Revenues & Volume, By 24V and Above, 2021-2031F |
7 India Automotive DC-DC Converters Market Import-Export Trade Statistics |
7.1 India Automotive DC-DC Converters Market Export to Major Countries |
7.2 India Automotive DC-DC Converters Market Imports from Major Countries |
8 India Automotive DC-DC Converters Market Key Performance Indicators |
8.1 Average efficiency improvement of DC-DC converters used in Indian automotive applications |
8.2 Adoption rate of electric vehicles in key Indian cities |
8.3 Investment in RD for enhancing the performance and reliability of DC-DC converters in the Indian automotive market |
9 India Automotive DC-DC Converters Market - Opportunity Assessment |
9.1 India Automotive DC-DC Converters Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 India Automotive DC-DC Converters Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.3 India Automotive DC-DC Converters Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 India Automotive DC-DC Converters Market Opportunity Assessment, By Input Voltage, 2021 & 2031F |
9.5 India Automotive DC-DC Converters Market Opportunity Assessment, By Output Power, 2021 & 2031F |
9.6 India Automotive DC-DC Converters Market Opportunity Assessment, By Output Voltage, 2021 & 2031F |
10 India Automotive DC-DC Converters Market - Competitive Landscape |
10.1 India Automotive DC-DC Converters Market Revenue Share, By Companies, 2024 |
10.2 India Automotive DC-DC Converters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |