Product Code: ETC289224 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India dc-dc converter market import shipment demonstrated a robust growth trend with a CAGR of 11.0% from 2020 to 2024. Momentum accelerated notably between 2023 and 2024, showcasing a growth rate of 19.7%. The market significantly expanded during the period, indicating strong and continuous growth.
The DC-DC converter market in India has been witnessing significant growth owing to the increasing deployment of renewable energy sources, the rising adoption of electric vehicles, and the expansion of telecommunications and IT industries. DC-DC converters play a vital role in power conversion, enabling efficient energy transfer and voltage regulation. The drive towards energy efficiency and the integration of renewable energy into the power grid have bolstered the demand for DC-DC converters. Furthermore, the growing popularity of electric vehicles and the need for reliable power solutions in the IT and telecommunications sectors have further fueled the market`s expansion. As the country continues to focus on sustainable energy solutions and technological advancements, the DC-DC converter market in India is poised for a promising outlook.
The DC-DC converter market in India is expected to witness robust growth due to the rising demand for efficient power conversion solutions in various sectors, including telecommunications, automotive, and renewable energy. DC-DC converters are essential for voltage regulation and power management in these industries. The increasing adoption of electric vehicles and the integration of renewable energy sources into the power grid are driving the demand for DC-DC converters. Additionally, advancements in converter technology, leading to higher efficiency and reliability, are further propelling market growth.
The DC-DC converter market in India faces challenges in terms of energy efficiency and reliability. With a growing demand for renewable energy sources and electrification, DC-DC converters must be highly efficient and robust to meet the country`s energy needs while minimizing losses.
The DC-DC converter market in India experienced a mixed impact due to COVID-19. While certain sectors, such as telecommunications and data centers, witnessed increased demand for power conversion solutions to support remote work and online activities, other industries faced disruptions in operations. Supply chain disruptions and manufacturing constraints affected the market during the pandemic. However, as economic activities resumed and the demand for renewable energy applications increased, the DC-DC converter market started to recover. Government initiatives to promote renewable energy adoption and advancements in power electronics are expected to drive market growth.
The DC-DC converter market in India is expected to witness significant growth with the rising adoption of renewable energy systems and the increasing demand for power electronics in various applications. Key players in this market include Delta Electronics India Pvt. Ltd., ABB India Ltd., Texas Instruments India Pvt. Ltd., and TDK Lambda India Pvt. Ltd.
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 DC-DC Converter Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India DC-DC Converter Market Revenues & Volume, 2021 & 2031F |
3.3 India DC-DC Converter Market - Industry Life Cycle |
3.4 India DC-DC Converter Market - Porter's Five Forces |
3.5 India DC-DC Converter Market Revenues & Volume Share, By Input Voltage, 2021 & 2031F |
3.6 India DC-DC Converter Market Revenues & Volume Share, By Output Voltage, 2021 & 2031F |
3.7 India DC-DC Converter Market Revenues & Volume Share, By Mounting Style, 2021 & 2031F |
3.8 India DC-DC Converter Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India DC-DC Converter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient power solutions in various industries |
4.2.2 Growing adoption of renewable energy sources in India |
4.2.3 Technological advancements leading to the development of efficient DC-DC converters |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with deploying DC-DC converters |
4.3.2 Lack of awareness and understanding about the benefits of DC-DC converters in some market segments |
5 India DC-DC Converter Market Trends |
6 India DC-DC Converter Market, By Types |
6.1 India DC-DC Converter Market, By Input Voltage |
6.1.1 Overview and Analysis |
6.1.2 India DC-DC Converter Market Revenues & Volume, By Input Voltage, 2021-2031F |
6.1.3 India DC-DC Converter Market Revenues & Volume, By 5-36V, 2021-2031F |
6.1.4 India DC-DC Converter Market Revenues & Volume, By 36-75V, 2021-2031F |
6.1.5 India DC-DC Converter Market Revenues & Volume, By 75V and above, 2021-2031F |
6.2 India DC-DC Converter Market, By Output Voltage |
6.2.1 Overview and Analysis |
6.2.2 India DC-DC Converter Market Revenues & Volume, By 3.3V, 2021-2031F |
6.2.3 India DC-DC Converter Market Revenues & Volume, By 5V, 2021-2031F |
6.2.4 India DC-DC Converter Market Revenues & Volume, By 12V, 2021-2031F |
6.2.5 India DC-DC Converter Market Revenues & Volume, By 15V and above, 2021-2031F |
6.3 India DC-DC Converter Market, By Mounting Style |
6.3.1 Overview and Analysis |
6.3.2 India DC-DC Converter Market Revenues & Volume, By Surface Mount, 2021-2031F |
6.3.3 India DC-DC Converter Market Revenues & Volume, By Through Hole, 2021-2031F |
6.4 India DC-DC Converter Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India DC-DC Converter Market Revenues & Volume, By Smartphone, 2021-2031F |
6.4.3 India DC-DC Converter Market Revenues & Volume, By Servers PCs, 2021-2031F |
6.4.4 India DC-DC Converter Market Revenues & Volume, By EV Battery, 2021-2031F |
6.4.5 India DC-DC Converter Market Revenues & Volume, By Railway, 2021-2031F |
6.4.6 India DC-DC Converter Market Revenues & Volume, By Medical Equipment, 2021-2031F |
7 India DC-DC Converter Market Import-Export Trade Statistics |
7.1 India DC-DC Converter Market Export to Major Countries |
7.2 India DC-DC Converter Market Imports from Major Countries |
8 India DC-DC Converter Market Key Performance Indicators |
8.1 Energy efficiency improvement rate |
8.2 Adoption rate of renewable energy sources in industries |
8.3 Number of new technological innovations and patents in DC-DC converter technology |
8.4 Percentage increase in the number of DC-DC converter installations in key industries |
8.5 Reduction in carbon footprint attributed to the use of DC-DC converters |
9 India DC-DC Converter Market - Opportunity Assessment |
9.1 India DC-DC Converter Market Opportunity Assessment, By Input Voltage, 2021 & 2031F |
9.2 India DC-DC Converter Market Opportunity Assessment, By Output Voltage, 2021 & 2031F |
9.3 India DC-DC Converter Market Opportunity Assessment, By Mounting Style, 2021 & 2031F |
9.4 India DC-DC Converter Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India DC-DC Converter Market - Competitive Landscape |
10.1 India DC-DC Converter Market Revenue Share, By Companies, 2024 |
10.2 India DC-DC Converter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |