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The demand for DC-DC converters is increasing owing to the rise in EV registrations, especially in substantial nations including China, Europe, and the US. According to Iea.org, in 2023, nearly 14 million electric cars were registered worldwide, with China, Europe, and the US accounting for 95.0% of these sales. This brought the total number of electric cars on the road to 40 million, aligning closely with the sales forecast from the 2023 Global EV Outlook (GEVO-2023). Electric car sales saw a year-on-year increase of 35.0%, with 3.5 million more units sold than in 2022, marking a sixfold increase compared to 2018.
full report of Automotive DC-DC Converter Market available @ https://www.omrglobal.com/industry-reports/automotive-dc-dc-converter-market
- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automotive DC-DC Converter Market Report Segment
By Product Type
- Isolated DC-DC Converters
- Non-isolated DC-DC Converters
By Propulsion Type
- Hybrid Electric Vehicles (HEV)
- Plug-in Hybrid Electric Vehicle (PHEV)
- Battery Electric Vehicle (BEV)
- Fuel Cell Electric Vehicle (FCEV)
By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
Global Automotive DC-DC Converter Market Report Segment by Region
North America
- US
- copyright
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive DC-DC converter market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market
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