The North America Automotive DC-DC Converter Market would witness market growth of 27.9% CAGR during the forecast period (2023-2030).In the year 2019, the North America market's volume surged to 422.9 thousand units, showcasing a growth of 10.3% (2019-2022).
Automotive DC-DC converters convert direct current (DC) from one voltage to another by temporarily storing electrical energy. These energy conversion circuits convert energy at different levels and store it in magnetic and electrical fields. These converters serve as an interface between systems with various voltages in automobiles. They can step up voltage levels, down, or combine the two. These converters provide effective voltage regulation and power management in electronic systems, facilitating smooth device functioning.
The vehicle's numerous electrical systems and components, including the infotainment system, lighting, sensors, modules, air conditioning system, etc., are subsequently powered by the converted DC. In contemporary automobiles, DC-DC converters have taken on significant roles. They promote energy conservation and battery life while assisting in electrical systems' and components' secure and efficient functioning.
Electric vehicles (EVs) are becoming increasingly popular for a number of reasons, including the need for cleaner fuel alternatives and the fluctuating prices of liquid fossil fuels. EVs have grown from being a feasible option as urban areas strive for environmentally friendly and sustainable transportation alternatives. EVs contribute to reducing dangerous gas discharges and improving air quality because they don't emit any emissions from their tailpipes. Customers are also switching to EVs since they have lower running costs and more predictable fuel prices due to the volatile prices of liquid fossil fuels.
The International Energy Agency (IEA) estimates that BEV sales in the United States increased by 55% in 2022 compared to 2021. After a fall in 2019–2020, BEV sales surged by 70%, reaching almost 800,000. It confirms a second year of significant growth. Even so, the growth in PHEV sales was only 15%. The rise in electric car sales was notably substantial in the US. The United States, Mexico, and Canada Agreement (USMCA), which has effects on the North American supply chain, has also increased the pace at which passenger cars are becoming electrified. High-end passenger car demand was fueled by the region’s substantial consumer base and high levels of disposable income. The growing demand for autonomous vehicles and cruise control in high-end cars will, therefore, lead to growth in this regional market.
The US market dominated the North America 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 $2.8 billion by 2030. The Canada market is anticipated to grow at a CAGR of 30.8% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 29.7% 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 U.S., Mexico, Canada, and Rest of North America.
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)
- US
- Canada
- Mexico
- Rest of North America
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 North America Automotive DC-DC Converter Market, 2019 - 2022, USD Million
TABLE 2 North America Automotive DC-DC Converter Market, 2023 - 2030, USD Million
TABLE 3 North America Automotive DC-DC Converter Market, 2019 - 2022, Thousand Units
TABLE 4 North America Automotive DC-DC Converter Market, 2023 - 2030, Thousand Units
TABLE 5 North America Automotive DC-DC Converter Market by Type, 2019 - 2022, USD Million
TABLE 6 North America Automotive DC-DC Converter Market by Type, 2023 - 2030, USD Million
TABLE 7 North America Automotive DC-DC Converter Market by Type, 2019 - 2022, Thousand Units
TABLE 8 North America Automotive DC-DC Converter Market by Type, 2023 - 2030, Thousand Units
TABLE 9 North America Isolated Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Isolated Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Isolated Market by Country, 2019 - 2022, Thousand Units
TABLE 12 North America Isolated Market by Country, 2023 - 2030, Thousand Units
TABLE 13 North America Non-Isolated Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Non-Isolated Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Non-Isolated Market by Country, 2019 - 2022, Thousand Units
TABLE 16 North America Non-Isolated Market by Country, 2023 - 2030, Thousand Units
TABLE 17 North America Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 18 North America Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 19 North America Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, Thousand Units
TABLE 20 North America Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, Thousand Units
TABLE 21 North America BEV Market by Country, 2019 - 2022, USD Million
TABLE 22 North America BEV Market by Country, 2023 - 2030, USD Million
TABLE 23 North America BEV Market by Country, 2019 - 2022, Thousand Units
TABLE 24 North America BEV Market by Country, 2023 - 2030, Thousand Units
TABLE 25 North America PHEV Market by Country, 2019 - 2022, USD Million
TABLE 26 North America PHEV Market by Country, 2023 - 2030, USD Million
TABLE 27 North America PHEV Market by Country, 2019 - 2022, Thousand Units
TABLE 28 North America PHEV Market by Country, 2023 - 2030, Thousand Units
TABLE 29 North America Automotive DC-DC Converter Market by Application, 2019 - 2022, USD Million
TABLE 30 North America Automotive DC-DC Converter Market by Application, 2023 - 2030, USD Million
TABLE 31 North America Automotive DC-DC Converter Market by Application, 2019 - 2022, Thousand Units
TABLE 32 North America Automotive DC-DC Converter Market by Application, 2023 - 2030, Thousand Units
TABLE 33 North America Passenger Cars Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Passenger Cars Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Passenger Cars Market by Country, 2019 - 2022, Thousand Units
TABLE 36 North America Passenger Cars Market by Country, 2023 - 2030, Thousand Units
TABLE 37 North America Commercial Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Commercial Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Commercial Vehicles Market by Country, 2019 - 2022, Thousand Units
TABLE 40 North America Commercial Vehicles Market by Country, 2023 - 2030, Thousand Units
TABLE 41 North America Automotive DC-DC Converter Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Automotive DC-DC Converter Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Automotive DC-DC Converter Market by Country, 2019 - 2022, Thousand Units
TABLE 44 North America Automotive DC-DC Converter Market by Country, 2023 - 2030, Thousand Units
TABLE 45 US Automotive DC-DC Converter Market, 2019 - 2022, USD Million
TABLE 46 US Automotive DC-DC Converter Market, 2023 - 2030, USD Million
TABLE 47 US Automotive DC-DC Converter Market, 2019 - 2022, Thousand Units
TABLE 48 US Automotive DC-DC Converter Market, 2023 - 2030, Thousand Units
TABLE 49 US Automotive DC-DC Converter Market by Type, 2019 - 2022, USD Million
TABLE 50 US Automotive DC-DC Converter Market by Type, 2023 - 2030, USD Million
TABLE 51 US Automotive DC-DC Converter Market by Type, 2019 - 2022, Thousand Units
TABLE 52 US Automotive DC-DC Converter Market by Type, 2023 - 2030, Thousand Units
TABLE 53 US Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 54 US Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 55 US Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, Thousand Units
TABLE 56 US Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, Thousand Units
TABLE 57 US Automotive DC-DC Converter Market by Application, 2019 - 2022, USD Million
TABLE 58 US Automotive DC-DC Converter Market by Application, 2023 - 2030, USD Million
TABLE 59 US Automotive DC-DC Converter Market by Application, 2019 - 2022, Thousand Units
TABLE 60 US Automotive DC-DC Converter Market by Application, 2023 - 2030, Thousand Units
TABLE 61 Canada Automotive DC-DC Converter Market, 2019 - 2022, USD Million
TABLE 62 Canada Automotive DC-DC Converter Market, 2023 - 2030, USD Million
TABLE 63 Canada Automotive DC-DC Converter Market, 2019 - 2022, Thousand Units
TABLE 64 Canada Automotive DC-DC Converter Market, 2023 - 2030, Thousand Units
TABLE 65 Canada Automotive DC-DC Converter Market by Type, 2019 - 2022, USD Million
TABLE 66 Canada Automotive DC-DC Converter Market by Type, 2023 - 2030, USD Million
TABLE 67 Canada Automotive DC-DC Converter Market by Type, 2019 - 2022, Thousand Units
TABLE 68 Canada Automotive DC-DC Converter Market by Type, 2023 - 2030, Thousand Units
TABLE 69 Canada Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 70 Canada Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 71 Canada Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, Thousand Units
TABLE 72 Canada Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, Thousand Units
TABLE 73 Canada Automotive DC-DC Converter Market by Application, 2019 - 2022, USD Million
TABLE 74 Canada Automotive DC-DC Converter Market by Application, 2023 - 2030, USD Million
TABLE 75 Canada Automotive DC-DC Converter Market by Application, 2019 - 2022, Thousand Units
TABLE 76 Canada Automotive DC-DC Converter Market by Application, 2023 - 2030, Thousand Units
TABLE 77 Mexico Automotive DC-DC Converter Market, 2019 - 2022, USD Million
TABLE 78 Mexico Automotive DC-DC Converter Market, 2023 - 2030, USD Million
TABLE 79 Mexico Automotive DC-DC Converter Market, 2019 - 2022, Thousand Units
TABLE 80 Mexico Automotive DC-DC Converter Market, 2023 - 2030, Thousand Units
TABLE 81 Mexico Automotive DC-DC Converter Market by Type, 2019 - 2022, USD Million
TABLE 82 Mexico Automotive DC-DC Converter Market by Type, 2023 - 2030, USD Million
TABLE 83 Mexico Automotive DC-DC Converter Market by Type, 2019 - 2022, Thousand Units
TABLE 84 Mexico Automotive DC-DC Converter Market by Type, 2023 - 2030, Thousand Units
TABLE 85 Mexico Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 86 Mexico Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 87 Mexico Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, Thousand Units
TABLE 88 Mexico Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, Thousand Units
TABLE 89 Mexico Automotive DC-DC Converter Market by Application, 2019 - 2022, USD Million
TABLE 90 Mexico Automotive DC-DC Converter Market by Application, 2023 - 2030, USD Million
TABLE 91 Mexico Automotive DC-DC Converter Market by Application, 2019 - 2022, Thousand Units
TABLE 92 Mexico Automotive DC-DC Converter Market by Application, 2023 - 2030, Thousand Units
TABLE 93 Rest of North America Automotive DC-DC Converter Market, 2019 - 2022, USD Million
TABLE 94 Rest of North America Automotive DC-DC Converter Market, 2023 - 2030, USD Million
TABLE 95 Rest of North America Automotive DC-DC Converter Market, 2019 - 2022, Thousand Units
TABLE 96 Rest of North America Automotive DC-DC Converter Market, 2023 - 2030, Thousand Units
TABLE 97 Rest of North America Automotive DC-DC Converter Market by Type, 2019 - 2022, USD Million
TABLE 98 Rest of North America Automotive DC-DC Converter Market by Type, 2023 - 2030, USD Million
TABLE 99 Rest of North America Automotive DC-DC Converter Market by Type, 2019 - 2022, Thousand Units
TABLE 100 Rest of North America Automotive DC-DC Converter Market by Type, 2023 - 2030, Thousand Units
TABLE 101 Rest of North America Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 102 Rest of North America Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 103 Rest of North America Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2022, Thousand Units
TABLE 104 Rest of North America Automotive DC-DC Converter Market by Vehicle Type, 2023 - 2030, Thousand Units
TABLE 105 Rest of North America Automotive DC-DC Converter Market by Application, 2019 - 2022, USD Million
TABLE 106 Rest of North America Automotive DC-DC Converter Market by Application, 2023 - 2030, USD Million
TABLE 107 Rest of North America Automotive DC-DC Converter Market by Application, 2019 - 2022, Thousand Units
TABLE 108 Rest of North America Automotive DC-DC Converter Market by Application, 2023 - 2030, Thousand Units
TABLE 109 Key Information – Robert Bosch GmbH
TABLE 110 Key Information – Infineon Technologies AG
TABLE 111 key information – Eaton Corporation PLC
TABLE 112 Key Information – BorgWarner Inc.
TABLE 113 Key Information – Vicor Corporation
TABLE 114 Key Information – Toyota Industries Corporation
TABLE 115 Key Information – Skyworks Solutions, Inc.
TABLE 116 Key Information – Texas Instruments, Inc.
TABLE 117 Key Information – Continental AG
TABLE 118 key information – HELLA GmbH & Co. KGaA
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Automotive DC-DC Converter Market share by Type, 2022
FIG 6 North America Automotive DC-DC Converter Market share by Type, 2030
FIG 7 North America Automotive DC-DC Converter Market by Type, 2019 - 2030, USD Million
FIG 8 North America Automotive DC-DC Converter Market share by Vehicle Type, 2022
FIG 9 North America Automotive DC-DC Converter Market share by Vehicle Type, 2030
FIG 10 North America Automotive DC-DC Converter Market by Vehicle Type, 2019 - 2030, USD Million
FIG 11 North America Automotive DC-DC Converter Market share by Application, 2022
FIG 12 North America Automotive DC-DC Converter Market share by Application, 2030
FIG 13 North America Automotive DC-DC Converter Market by Application, 2019 - 2030, USD Million
FIG 14 North America Automotive DC-DC Converter Market share by Country, 2022
FIG 15 North America Automotive DC-DC Converter Market share by Country, 2030
FIG 16 North America 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