The Asia Pacific Automotive DC-DC Converter Market would witness market growth of 28.4% CAGR during the forecast period (2023-2030).In the year 2021, the Asia Pacific market's volume surged to 692.5 thousand units, showcasing a growth of 10.6% (2019-2022).
In order to promote the adoption of EVs, Thailand and Indonesia are also improving their policy assistance programs. Original equipment manufacturers (OEMs) in the automotive industry constantly work to improve their vehicles' fuel economy and energy efficiency. DC-DC converters are essential for power distribution optimization and minimizing power losses by effectively converting and regulating electrical energy for various vehicle systems.
The voltage levels between the high-voltage battery system and different low-voltage subsystems, such as lighting, infotainment systems, and other electronic components, are carefully controlled using DC-DC converters. It is readily apparent from the rising demand for DC-DC converters that these devices are essential for guaranteeing efficient power distribution in electric and hybrid vehicles. Additionally, lithium-ion batteries have taken over as the favored choice due to the developments in battery technology. As a result, there is a growing need for DC-DC converters that can handle lithium-ion batteries.
Modern DC-DC converters offer high-efficiency and compact solutions because of advancements in semiconductor technologies. These cutting-edge converters have a lot of benefits. It implies decreased energy usage, less heat loss, and cheaper expenses. High-power DC-DC converters have been made possible by using cutting-edge semiconductor materials like silicon carbide and gallium nitride, which have improved efficiency and reliability. More intelligent and complex DC-DC converters have emerged due to integrating power electronic converters with microcontrollers.
The People's Republic of China continues to lead the sector of electric vehicles despite variations in sales between regions and powertrains. Sales of BEVs surged by 60% in China in 2022 compared to 2021 to reach 4.4 million, and sales of PHEVs nearly tripled to 1.5 million. New Zealand released its first elaborate strategy for reducing emissions in May 2022. By 2035, it hopes that 30% of the light duty vehicle stock will be ZEVs. Even though New Zealand only started offering a purchase subsidy in the middle of 2021, electric cars made up over 10% of all new vehicle sales in 2022. Hence, the region presents lucrative growth prospects for the market.
The China market dominated the Asia Pacific Automotive DC-DC Converter Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.8 billion by 2030. The Japan market is estimated to grow at a CAGR of 27.6% during (2023 - 2030). Additionally, The Taiwan market would witness a CAGR of 29.6% during (2023 - 2030).
Based on Type, the market is segmented into Isolated and Non-Isolated. Based on Vehicle Type, the market is segmented into BEV and PHEV. Based on Application, the market is segmented into Passenger Cars and Commercial Vehicles. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Taiwan, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Automotive DC-DC Converter Market is Projected to reach USD 15.3 Billion by 2030, at a CAGR of 28.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Infineon Technologies AG, Eaton Corporation PLC, BorgWarner Inc., Vicor Corporation, Toyota Industries Corporation, Skyworks Solutions, Inc., Texas Instruments, Inc., Continental AG, and HELLA GmbH & Co. KGaA
Scope of the Study
Market Segments Covered in the Report:
By Type (Volume, Thousand Units, USD Million, 2019-2030)
By Vehicle Type (Volume, Thousand Units, USD Million, 2019-2030)
By Application (Volume, Thousand Units, USD Million, 2019-2030)
- Passenger Cars
- Commercial Vehicles
By Country (Volume, Thousand Units, USD Million, 2019-2030)
- China
- Japan
- India
- South Korea
- Singapore
- Taiwan
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- Infineon Technologies AG
- Eaton Corporation PLC
- BorgWarner Inc.
- Vicor Corporation
- Toyota Industries Corporation
- Skyworks Solutions, Inc.
- Texas Instruments, Inc.
- Continental AG
- HELLA GmbH & Co. KGaA
TABLE 1 Asia Pacific Automotive DC-DC Converter Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Automotive DC-DC Converter Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Automotive DC-DC Converter Market, 2019 - 2022, Thousand Units
TABLE 4 Asia Pacific Automotive DC-DC Converter Market, 2023 - 2030, Thousand Units
TABLE 5 Asia Pacific Automotive DC-DC Converter Market by Type, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Automotive DC-DC Converter Market by Type, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Automotive DC-DC Converter Market by Type, 2019 - 2022, Thousand Units
TABLE 8 Asia Pacific Automotive DC-DC Converter Market by Type, 2023 - 2030, Thousand Units
TABLE 9 Asia Pacific Isolated Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Isolated Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Isolated Market by Country, 2019 - 2022, Thousand Units
TABLE 12 Asia Pacific Isolated Market by Country, 2023 - 2030, Thousand Units
TABLE 13 Asia Pacific Non-Isolated Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Non-Isolated Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Non-Isolated Market by Country, 2019 - 2022, Thousand Units
TABLE 16 Asia Pacific Non-Isolated Market by Country, 2023 - 2030, Thousand Units
TABLE 17 Asia Pacific Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, Thousand Units
TABLE 20 Asia Pacific Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, Thousand Units
TABLE 21 Asia Pacific BEV Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific BEV Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific BEV Market by Country, 2019 - 2022, Thousand Units
TABLE 24 Asia Pacific BEV Market by Country, 2023 - 2030, Thousand Units
TABLE 25 Asia Pacific PHEV Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific PHEV Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific PHEV Market by Country, 2019 - 2022, Thousand Units
TABLE 28 Asia Pacific PHEV Market by Country, 2023 - 2030, Thousand Units
TABLE 29 Asia Pacific Automotive DC-DC Converter Market by Application, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Automotive DC-DC Converter Market by Application, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Automotive DC-DC Converter Market by Application, 2019 - 2022, Thousand Units
TABLE 32 Asia Pacific Automotive DC-DC Converter Market by Application, 2023 - 2030, Thousand Units
TABLE 33 Asia Pacific Passenger Cars Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Passenger Cars Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Passenger Cars Market by Country, 2019 - 2022, Thousand Units
TABLE 36 Asia Pacific Passenger Cars Market by Country, 2023 - 2030, Thousand Units
TABLE 37 Asia Pacific Commercial Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Commercial Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Commercial Vehicles Market by Country, 2019 - 2022, Thousand Units
TABLE 40 Asia Pacific Commercial Vehicles Market by Country, 2023 - 2030, Thousand Units
TABLE 41 Asia Pacific Automotive DC-DC Converter Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Automotive DC-DC Converter Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Automotive DC-DC Converter Market by Country, 2019 - 2022, Thousand Units
TABLE 44 Asia Pacific Automotive DC-DC Converter Market by Country, 2023 - 2030, Thousand Units
TABLE 45 China Automotive DC-DC Converter Market, 2019 - 2022, USD Million
TABLE 46 China Automotive DC-DC Converter Market, 2023 - 2030, USD Million
TABLE 47 China Automotive DC-DC Converter Market, 2019 - 2022, Thousand Units
TABLE 48 China Automotive DC-DC Converter Market, 2023 - 2030, Thousand Units
TABLE 49 China Automotive DC-DC Converter Market by Type, 2019 - 2022, USD Million
TABLE 50 China Automotive DC-DC Converter Market by Type, 2023 - 2030, USD Million
TABLE 51 China Automotive DC-DC Converter Market by Type, 2019 - 2022, Thousand Units
TABLE 52 China Automotive DC-DC Converter Market by Type, 2023 - 2030, Thousand Units
TABLE 53 China Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 54 China Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 55 China Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, Thousand Units
TABLE 56 China Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, Thousand Units
TABLE 57 China Automotive DC-DC Converter Market by Application, 2019 - 2022, USD Million
TABLE 58 China Automotive DC-DC Converter Market by Application, 2023 - 2030, USD Million
TABLE 59 China Automotive DC-DC Converter Market by Application, 2019 - 2022, Thousand Units
TABLE 60 China Automotive DC-DC Converter Market by Application, 2023 - 2030, Thousand Units
TABLE 61 Japan Automotive DC-DC Converter Market, 2019 - 2022, USD Million
TABLE 62 Japan Automotive DC-DC Converter Market, 2023 - 2030, USD Million
TABLE 63 Japan Automotive DC-DC Converter Market, 2019 - 2022, Thousand Units
TABLE 64 Japan Automotive DC-DC Converter Market, 2023 - 2030, Thousand Units
TABLE 65 Japan Automotive DC-DC Converter Market by Type, 2019 - 2022, USD Million
TABLE 66 Japan Automotive DC-DC Converter Market by Type, 2023 - 2030, USD Million
TABLE 67 Japan Automotive DC-DC Converter Market by Type, 2019 - 2022, Thousand Units
TABLE 68 Japan Automotive DC-DC Converter Market by Type, 2023 - 2030, Thousand Units
TABLE 69 Japan Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 70 Japan Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 71 Japan Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, Thousand Units
TABLE 72 Japan Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, Thousand Units
TABLE 73 Japan Automotive DC-DC Converter Market by Application, 2019 - 2022, USD Million
TABLE 74 Japan Automotive DC-DC Converter Market by Application, 2023 - 2030, USD Million
TABLE 75 Japan Automotive DC-DC Converter Market by Application, 2019 - 2022, Thousand Units
TABLE 76 Japan Automotive DC-DC Converter Market by Application, 2023 - 2030, Thousand Units
TABLE 77 Taiwan Automotive DC-DC Converter Market, 2019 - 2022, USD Million
TABLE 78 Taiwan Automotive DC-DC Converter Market, 2023 - 2030, USD Million
TABLE 79 Taiwan Automotive DC-DC Converter Market, 2019 - 2022, Thousand Units
TABLE 80 Taiwan Automotive DC-DC Converter Market, 2023 - 2030, Thousand Units
TABLE 81 Taiwan Automotive DC-DC Converter Market by Type, 2019 - 2022, USD Million
TABLE 82 Taiwan Automotive DC-DC Converter Market by Type, 2023 - 2030, USD Million
TABLE 83 Taiwan Automotive DC-DC Converter Market by Type, 2019 - 2022, Thousand Units
TABLE 84 Taiwan Automotive DC-DC Converter Market by Type, 2023 - 2030, Thousand Units
TABLE 85 Taiwan Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 86 Taiwan Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 87 Taiwan Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, Thousand Units
TABLE 88 Taiwan Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, Thousand Units
TABLE 89 Taiwan Automotive DC-DC Converter Market by Application, 2019 - 2022, USD Million
TABLE 90 Taiwan Automotive DC-DC Converter Market by Application, 2023 - 2030, USD Million
TABLE 91 Taiwan Automotive DC-DC Converter Market by Application, 2019 - 2022, Thousand Units
TABLE 92 Taiwan Automotive DC-DC Converter Market by Application, 2023 - 2030, Thousand Units
TABLE 93 India Automotive DC-DC Converter Market, 2019 - 2022, USD Million
TABLE 94 India Automotive DC-DC Converter Market, 2023 - 2030, USD Million
TABLE 95 India Automotive DC-DC Converter Market, 2019 - 2022, Thousand Units
TABLE 96 India Automotive DC-DC Converter Market, 2023 - 2030, Thousand Units
TABLE 97 India Automotive DC-DC Converter Market by Type, 2019 - 2022, USD Million
TABLE 98 India Automotive DC-DC Converter Market by Type, 2023 - 2030, USD Million
TABLE 99 India Automotive DC-DC Converter Market by Type, 2019 - 2022, Thousand Units
TABLE 100 India Automotive DC-DC Converter Market by Type, 2023 - 2030, Thousand Units
TABLE 101 India Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 102 India Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 103 India Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, Thousand Units
TABLE 104 India Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, Thousand Units
TABLE 105 India Automotive DC-DC Converter Market by Application, 2019 - 2022, USD Million
TABLE 106 India Automotive DC-DC Converter Market by Application, 2023 - 2030, USD Million
TABLE 107 India Automotive DC-DC Converter Market by Application, 2019 - 2022, Thousand Units
TABLE 108 India Automotive DC-DC Converter Market by Application, 2023 - 2030, Thousand Units
TABLE 109 South Korea Automotive DC-DC Converter Market, 2019 - 2022, USD Million
TABLE 110 South Korea Automotive DC-DC Converter Market, 2023 - 2030, USD Million
TABLE 111 South Korea Automotive DC-DC Converter Market, 2019 - 2022, Thousand Units
TABLE 112 South Korea Automotive DC-DC Converter Market, 2023 - 2030, Thousand Units
TABLE 113 South Korea Automotive DC-DC Converter Market by Type, 2019 - 2022, USD Million
TABLE 114 South Korea Automotive DC-DC Converter Market by Type, 2023 - 2030, USD Million
TABLE 115 South Korea Automotive DC-DC Converter Market by Type, 2019 - 2022, Thousand Units
TABLE 116 South Korea Automotive DC-DC Converter Market by Type, 2023 - 2030, Thousand Units
TABLE 117 South Korea Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 118 South Korea Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 119 South Korea Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, Thousand Units
TABLE 120 South Korea Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, Thousand Units
TABLE 121 South Korea Automotive DC-DC Converter Market by Application, 2019 - 2022, USD Million
TABLE 122 South Korea Automotive DC-DC Converter Market by Application, 2023 - 2030, USD Million
TABLE 123 South Korea Automotive DC-DC Converter Market by Application, 2019 - 2022, Thousand Units
TABLE 124 South Korea Automotive DC-DC Converter Market by Application, 2023 - 2030, Thousand Units
TABLE 125 Singapore Automotive DC-DC Converter Market, 2019 - 2022, USD Million
TABLE 126 Singapore Automotive DC-DC Converter Market, 2023 - 2030, USD Million
TABLE 127 Singapore Automotive DC-DC Converter Market, 2019 - 2022, Thousand Units
TABLE 128 Singapore Automotive DC-DC Converter Market, 2023 - 2030, Thousand Units
TABLE 129 Singapore Automotive DC-DC Converter Market by Type, 2019 - 2022, USD Million
TABLE 130 Singapore Automotive DC-DC Converter Market by Type, 2023 - 2030, USD Million
TABLE 131 Singapore Automotive DC-DC Converter Market by Type, 2019 - 2022, Thousand Units
TABLE 132 Singapore Automotive DC-DC Converter Market by Type, 2023 - 2030, Thousand Units
TABLE 133 Singapore Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 134 Singapore Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 135 Singapore Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, Thousand Units
TABLE 136 Singapore Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, Thousand Units
TABLE 137 Singapore Automotive DC-DC Converter Market by Application, 2019 - 2022, USD Million
TABLE 138 Singapore Automotive DC-DC Converter Market by Application, 2023 - 2030, USD Million
TABLE 139 Singapore Automotive DC-DC Converter Market by Application, 2019 - 2022, Thousand Units
TABLE 140 Singapore Automotive DC-DC Converter Market by Application, 2023 - 2030, Thousand Units
TABLE 141 Rest of Asia Pacific Automotive DC-DC Converter Market, 2019 - 2022, USD Million
TABLE 142 Rest of Asia Pacific Automotive DC-DC Converter Market, 2023 - 2030, USD Million
TABLE 143 Rest of Asia Pacific Automotive DC-DC Converter Market, 2019 - 2022, Thousand Units
TABLE 144 Rest of Asia Pacific Automotive DC-DC Converter Market, 2023 - 2030, Thousand Units
TABLE 145 Rest of Asia Pacific Automotive DC-DC Converter Market by Type, 2019 - 2022, USD Million
TABLE 146 Rest of Asia Pacific Automotive DC-DC Converter Market by Type, 2023 - 2030, USD Million
TABLE 147 Rest of Asia Pacific Automotive DC-DC Converter Market by Type, 2019 - 2022, Thousand Units
TABLE 148 Rest of Asia Pacific Automotive DC-DC Converter Market by Type, 2023 - 2030, Thousand Units
TABLE 149 Rest of Asia Pacific Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 150 Rest of Asia Pacific Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 151 Rest of Asia Pacific Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, Thousand Units
TABLE 152 Rest of Asia Pacific Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, Thousand Units
TABLE 153 Rest of Asia Pacific Automotive DC-DC Converter Market by Application, 2019 - 2022, USD Million
TABLE 154 Rest of Asia Pacific Automotive DC-DC Converter Market by Application, 2023 - 2030, USD Million
TABLE 155 Rest of Asia Pacific Automotive DC-DC Converter Market by Application, 2019 - 2022, Thousand Units
TABLE 156 Rest of Asia Pacific Automotive DC-DC Converter Market by Application, 2023 - 2030, Thousand Units
TABLE 157 Key Information – Robert Bosch GmbH
TABLE 158 Key Information – Infineon Technologies AG
TABLE 159 key information – Eaton Corporation PLC
TABLE 160 Key Information – BorgWarner Inc.
TABLE 161 Key Information – Vicor Corporation
TABLE 162 Key Information – Toyota Industries Corporation
TABLE 163 Key Information – Skyworks Solutions, Inc.
TABLE 164 Key Information – Texas Instruments, Inc.
TABLE 165 Key Information – Continental AG
TABLE 166 key information – HELLA GmbH & Co. KGaA
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Automotive DC-DC Converter Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Automotive DC-DC Converter Market
FIG 4 Porter’s Five Force Analysis: Automotive DC-DC Converter Market
FIG 5 Asia Pacific Automotive DC-DC Converter Market share by Type, 2022
FIG 6 Asia Pacific Automotive DC-DC Converter Market share by Type, 2030
FIG 7 Asia Pacific Automotive DC-DC Converter Market by Type, 2019 - 2030, USD Million
FIG 8 Asia Pacific Automotive DC-DC Converter Market share by Vehicle Type, 2022
FIG 9 Asia Pacific Automotive DC-DC Converter Market share by Vehicle Type, 2030
FIG 10 Asia Pacific Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2030, USD Million
FIG 11 Asia Pacific Automotive DC-DC Converter Market share by Application, 2022
FIG 12 Asia Pacific Automotive DC-DC Converter Market share by Application, 2030
FIG 13 Asia Pacific Automotive DC-DC Converter Market by Application, 2019 - 2030, USD Million
FIG 14 Asia Pacific Automotive DC-DC Converter Market share by Country, 2022
FIG 15 Asia Pacific Automotive DC-DC Converter Market share by Country, 2030
FIG 16 Asia Pacific Automotive DC-DC Converter Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Robert Bosch GmbH
FIG 18 Recent strategies and developments:
FIG 19 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 20 SWOT Analysis: Eaton Corporation PLC
FIG 21 Recent strategies and developments: BorgWarner Inc.
FIG 22 SWOT Analysis: BorgWarner Inc.
FIG 23 SWOT Analysis: Vicor Corporation
FIG 24 SWOT Analysis: Toyota Industries Corporation
FIG 25 SWOT Analysis: Skyworks Solutions, Inc.
FIG 26 SWOT Analysis: Texas Instruments, Inc.
FIG 27 SWOT Analysis: Continental AG
FIG 28 SWOT Analysis: HELLA GmbH & Co. KGaA