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CryptoIndex Nears Launch and Announces INDX Token Presale Amid Thematic Investment Boom
Discover the Power of Thematic Investing in Cryptocurrency The cryptocurrency market has evolved beyond the dominance of just one or two assets, as seen in this year’s shift toward thematic investing. In Q2 2024, meme coins, real-world assets (RWA), and artificial intelligence (AI) led in popularity, making up 35.7% of market share. In August, it was all about PolitiFi coins that spiked 782.4%, overtaking meme-inspired projects. Since these new asset classes gain traction, it’s no longer correct to assess the overall market health by simply tracking Bitcoin or Ethereum. Instead, investors are looking for ways to measure the performance of specific sectors, which ensures a more accurate benchmark. This trend is paving the way for multi-asset indexes to become one of the fastest-growing niches in crypto. Crypto indexes allow users to monitor different categories of digital assets and provide tailored insights into the general performance of the crypto market. They work much like traditional stock market indexes such as the S&P 500, NASDAQ, National Stock Exchange (NSE), and Nifty50, which track the performance of a group of stocks.
To Know More- INDX token presale
#INDX token presale#DeFi index platform#thematic cryptocurrency trends#meme coins market#PolitiFi coin surge#DeFi index platforms#multi-asset cryptocurrency#AI-driven crypto investments#decentralized index strategies#cryptocurrency market share
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Automotive DC-DC Converter Market Future Scenario, Key Insights, Top Companies 2033
According to Future Market Insights' most recent market estimate, the automotive DC-DC converter market size is worth US$ 782.4 million in 2023, growing at a CAGR of 33.4% From 2023 to 2033.
Key Takeaways
The automotive DC-DC converter market is likely to have a CAGR of 33.4% during the forecast period.
Historically, the automotive DC-DC converter market had a CAGR of 22.8% between 2018-2022.
The value of the automotive DC-DC converter market is expected to be US$ 13,962.9 million by 2033.
Based on propulsion type, the PHEV segment has a 64.1% share in the automotive DC-DC converter
The US dominates the automotive DC-DC converter market with a share of 12.9% by 2033.
During the forecast period, the automotive DC-DC converter market in China is likely to showcase a CAGR of 26%.
Competitive Landscape
Automotive DC-DC converter vendors who rely heavily on established markets for their sales must successfully reinvent their product lines in order to ensure low environmental impact and well-designed digital features.
Some of the major key players in the market are Robert Bosch GmbH, Denso Corporation, Toyota Industries Corporation, Delta Electronics, Continental AG, Tesla, Hella GmbH & Co. KGaA, Hyundai, Honda, BorgWarner Inc, Ford, and Vicor Corporation.
Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-15861
The automotive DC-DC converter market is anticipated to soar to new heights as a result of rising fuel prices and the growing trend toward electric automobiles. These vehicles are popular on the market since they help cut down on vehicle emissions. The demand for high-performance, low-emission vehicles is rising, and government regulations on vehicle emissions are becoming more stringent. These factors are some of the factors driving the sales of automotive DC-DC converter.
Automotive DC-DC converter manufacturers have been forced to expand their selection of products as a result of the increase in sales of commercial vehicles. For instance, Ford created a pickup truck that is all electric and is predicted to have a 300-mile operating range.
Ford had initially planned to develop a hybrid powertrain, but the company has now changed its mind and now prefers a fully electric truck. The F-150 electrified went on sale in 2022. The expansion of the automotive DC-DC converter market is attributed to the growing electrification of the automotive industry across all geographies and countries.
Sales of electric vehicles surged significantly during the pandemic, despite the fact that the automobile industry faced major difficulties during that time. Due to the technologically superior, environmentally friendly components that are included in electric vehicles, their initial cost is more than that of gasoline-powered engines, but their ongoing costs are cheaper.
Moreover, the Asia-Pacific region is predicted to have a significant share of the market throughout the forecast period due to expanding vehicle production and the growing focus that major governments are putting to the electrification of vehicles.
For more information: https://www.futuremarketinsights.com/reports/automotive-dc-dc-converter-market
Recent Developments in the Market
In May 2021, TDK Corporation (TDK) declared a partnership with Contemporary Amperex Technology Co, Limited (CATL) to broaden its product lines, which now include DC-DC converters and electrical parts for electric vehicles. CATL purchases products from TDK in the automotive electrical and power supply categories for use in automotive power units.
With the introduction of a new DC/DC converter by Vitesco Technologies in February 2021, high-voltage vehicles can now also provide energy to the heating discs of the electrically heated EMICAT catalyst.
The unique e-catalyst offers the lowest emissions during actual operation, which is increasingly important in light of upcoming requirements like Euro 7.
Now, a newly developed DC/DC converter transforms the high voltage of the drive system into low voltage and power for the heating disc.
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Powerball: File-breaking $1.6 billion jackpot numbers have been drawn
CNN — The numbers have dropped for an estimated $1.6 billion Powerball jackpot – the “world’s largest lotto prize ever provided,” in accordance with the multi-state sport operator. The profitable numbers had been 28-45-53-56-69 and the Powerball was 20. The jackpot, which has a lump-sum choice of an estimated $782.4 million, “breaks the world file for the Largest Nationwide Lottery Jackpot within the Guinness World Information,” the taking part California Lottery tweeted. However sadly for ticket patrons, the percentages of profitable the large prize are simply 1 in 292.2 million. The Guinness World Information’ “Biggest jackpot in a nationwide lottery” was set by Powerball in January 2016, when three tickets gained a $1.586 billion jackpot. Saturday’s drawing came about at 10:59 p.m. ET on the Florida Lottery draw studio in Tallahassee. It was the fortieth Powerball drawing for the reason that jackpot was final gained August 3 in Pennsylvania, in accordance with Powerball. If nobody wins, it is going to “tie the sport file for the variety of consecutive drawings with no grand prize winner,” the operator stated. Powerball tickets are $2 per play and are bought in 45 states, the District of Columbia, Puerto Rico and the US Virgin Islands. Originally published at Irvine News HQ
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Record-breaking $1.6 billion Powerball jackpot numbers have been drawn | CNN
Record-breaking $1.6 billion Powerball jackpot numbers have been drawn | CNN
The numbers have dropped for an estimated $1.6 billion Powerball jackpot – the “world’s largest lotto prize ever offered,” according to the multi-state game operator. The winning numbers were 28-45-53-56-69 and the Powerball was 20. The jackpot, which has a lump-sum option of an estimated $782.4 million, “breaks the world record for the Largest National Lottery Jackpot in the Guinness World…
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‘I want the big money’: North Carolina residents test their luck in Saturday’s $1.6 billion Powerball jackpot drawing : Inside US
‘I want the big money’: North Carolina residents test their luck in Saturday’s $1.6 billion Powerball jackpot drawing : Inside US
Saturday’s Powerball jackpot has jumped to a record $1.6 billion, making it the highest jackpot in U.S. lottery history. The advertised jackpot is the prize for a winner who chooses an annuity, paid annually in a 29-year span. Most winners instead opt for the cash prize, which for Saturday night’s drawing would be an estimated $782.4 million. “I want the big money,” Raleigh resident Gilistine…
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Polyamide-Imide Resins Market Share Worth US$782.4 million by 2027
Polyamide-Imide Resins Market Share Worth US$782.4 million by 2027
Market Research Reports, Business Consulting Services & Analytics Growth of the automotive and electrical & electronics industries is also expected to drive the growth of the Polyamide-Imide Resins market. HYDERABAD, TELANGANA, INDIA, September 15, 2022 /EINPresswire.com/ — IndustryARC, in its latest report, predicts that the Polyamide-Imide Resins Market size is estimated to grow at a CAGR of…
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Automotive DC-DC Converter Market Analysis and Market Studies To 2033
According to Future Market Insights' most recent market estimate, the automotive DC-DC converter market is worth US$ 782.4 million in 2023. A CAGR of 33.4% is anticipated in the market during the forecast period.
Recent Developments in the Market
In May 2021, TDK Corporation (TDK) declared a partnership with Contemporary Amperex Technology Co, Limited (CATL) to broaden its product lines, which now include DC-DC converters and electrical parts for electric vehicles. CATL purchases products from TDK in the automotive electrical and power supply categories for use in automotive power units.
With the introduction of a new DC/DC converter by Vitesco Technologies in February 2021, high-voltage vehicles can now also provide energy to the heating discs of the electrically heated EMICAT catalyst.
The unique e-catalyst offers the lowest emissions during actual operation, which is increasingly important in light of upcoming requirements like Euro 7.
Now, a newly developed DC/DC converter transforms the high voltage of the drive system into low voltage and power for the heating disc.
The automotive DC-DC converter market is anticipated to soar to new heights as a result of rising fuel prices and the growing trend toward electric automobiles. These vehicles are popular on the market since they help cut down on vehicle emissions. The demand for high-performance, low-emission vehicles is rising, and government regulations on vehicle emissions are becoming more stringent. These factors are some of the factors driving the sales of automotive DC-DC converter
Automotive DC-DC converter manufacturers have been forced to expand their selection of products as a result of the increase in sales of commercial vehicles. For instance, Ford created a pickup truck that is all electric and is predicted to have a 300-mile operating range.
Ford had initially planned to develop a hybrid powertrain, but the company has now changed its mind and now prefers a fully electric truck. The F-150 electrified went on sale in 2022. The expansion of the automotive DC-DC converter market is attributed to the growing electrification of the automotive industry across all geographies and countries.
Sales of electric vehicles surged significantly during the pandemic, despite the fact that the automobile industry faced major difficulties during that time. Due to the technologically superior, environmentally friendly components that are included in electric vehicles, their initial cost is more than that of gasoline-powered engines, but their ongoing costs are cheaper.
Moreover, the Asia-Pacific region is predicted to have a significant share of the market throughout the forecast period due to expanding vehicle production and the growing focus that major governments are putting to the electrification of vehicles.
For more information: https://www.futuremarketinsights.com/reports/automotive-dc-dc-converter-market
Key Takeaways
The automotive DC-DC converter market is likely to have a CAGR of 33.4% during the forecast period.
Historically, the automotive DC-DC converter market had a CAGR of 22.8% between 2018-2022.
The value of the automotive DC-DC converter market is expected to be US$ 13,962.9 million by 2033.
Based on propulsion type, the PHEV segment has a 64.1% share in the automotive DC-DC converter
The US dominates the automotive DC-DC converter market with a share of 12.9% by 2033.
During the forecast period, the automotive DC-DC converter market in China is likely to showcase a CAGR of 26%.
Competitive Landscape
Automotive DC-DC converter vendors who rely heavily on established markets for their sales must successfully reinvent their product lines in order to ensure low environmental impact and well-designed digital features.
Some of the major key players in the market are Robert Bosch GmbH, Denso Corporation, Toyota Industries Corporation, Delta Electronics, Continental AG, Tesla, Hella GmbH & Co. KGaA, Hyundai, Honda, BorgWarner Inc, Ford, and Vicor Corporation.
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Automotive Manufacturing Global Group of Eight (G8) Industry Guide 2018-2022: Industry Trends, Size and Share by Brands, Statistics and Segmentation
Research report titled “Automotive Manufacturing Global Group of Eight (G8) Industry Guide”: 2018-2022, as per the research presented in a recently published report by Orbis Research the market will also continue to be driven by impactful presence of key players worldwide.
Automotive Manufacturing Global Group of Eight (G8) Industry Guide 2013-2022 Summary The G8 Automotive Manufacturing industry profile provides top-line qualitative and quantitative summary information including: Industry size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Industry. Synopsis Essential resource for top-line data and analysis covering the G8 automotive manufacturing Industry. Includes Industry size and segmentation data, textual and graphical analysis of Industry growth trends and leading companies. Key Highlights - The G8 countries contributed $674.1 billion in 2017 to the global automotive manufacturing industry, with a compound annual growth rate (CAGR) of 1.5% between 2013 and 2017. The G8 countries are expected to reach a value of $782.4 billion in 2022, with a CAGR of 3% over the 2017-22 period. - Among the G8 nations, the US is the leading country in the automotive manufacturing industry, with market revenues of $236.1 billion in 2017. This was followed by Japan and Germany, with a value of $161.3 and $107.2 billion, respectively. - The US is expected to lead the automotive manufacturing industry in the G8 nations with a value of $266.9 billion in 2016, followed by Japan and Germany with expected values of $185.4 and $121.0 billion, respectively.
Download a PDF Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2199201#utm_source=shreyas Scope - Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the G8 automotive manufacturing Industry - Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the G8 automotive manufacturing Industry - Leading company profiles reveal details of key automotive manufacturing Industry players’ G8 operations and financial performance - Add weight to presentations and pitches by understanding the future growth prospects of the G8 automotive manufacturing Industry with five year forecasts by both value and volume - Compares data from the US, Canada, Germany, France, UK, Italy, Russia and Japan, alongside individual chapters on each country Reasons to buy - What was the size of the G8 automotive manufacturing Industry by value in 2017? - What will be the size of the G8 automotive manufacturing Industry in 2022? - What factors are affecting the strength of competition in the G8 automotive manufacturing Industry? - How has the Industry performed over the last five years? - What are the main segments that make up the G8 automotive manufacturing Industry?
Table of Contents Introduction 16 What is this report about? 16 Who is the target reader? 16 How to use this report 16 Definitions 16 Group of Eight (G8) Automotive Manufacturing 17 Industry Outlook 17 Automotive Manufacturing in Canada 21 Market Overview 21 Market Data 22 Market Segmentation 24 Market outlook 26 Five forces analysis 28 Automotive Manufacturing in France 37 Market Overview 37 Market Data 38 Market Segmentation 40 Market outlook 42 Five forces analysis 44 Macroeconomic indicators 51 Automotive Manufacturing in Germany 53 Market Overview 53 Market Data 54 Market Segmentation 56 Market outlook 58 Five forces analysis 60 Macroeconomic indicators 68 Automotive Manufacturing in Italy 70 Market Overview 70 Market Data 71 Market Segmentation 73 Market outlook 75 Five forces analysis 77 Macroeconomic indicators 84 Automotive Manufacturing in Japan 86 Market Overview 86 Market Data 87 Market Segmentation 89 Market outlook 91 Five forces analysis 93 Macroeconomic indicators 100 Automotive Manufacturing in Russia 102 Market Overview 102 Market Data 103 Market Segmentation 105 Market outlook 107 Five forces analysis 109 Macroeconomic indicators 116 Automotive Manufacturing in The United Kingdom 118 Market Overview 118 Market Data 119 Market Segmentation 121 Market outlook 123 Five forces analysis 125 Macroeconomic indicators 133 Automotive Manufacturing in The United States 135 Market Overview 135 Market Data 136 Market Segmentation 138 Market outlook 140 Five forces analysis 142 Macroeconomic indicators 150 Company Profiles 152 Leading Companies 152 Appendix 204 Methodology 204 About MarketLine 205
List Of Tables:
List of Tables Table 1: G8 automotive manufacturing industry, revenue($bn), 2013-22 Table 2: G8 automotive manufacturing industry, revenue by country ($bn), 2013-17 Table 3: G8 automotive manufacturing industry forecast, revenue by country ($bn), 2017-22 Table 4: Canada automotive manufacturing industry value: $ billion, 2013-17 Table 5: Canada automotive manufacturing industry volume: million units, 2013-17 Table 6: Canada automotive manufacturing industry category segmentation: million units, 2017 Table 7: Canada automotive manufacturing industry geography segmentation: $ billion, 2017 Table 8: Canada automotive manufacturing industry value forecast: $ billion, 2017-22 Table 9: Canada automotive manufacturing industry volume forecast: million units, 2017-22 Table 10: France automotive manufacturing industry value: $ billion, 2013-17 Table 11: France automotive manufacturing industry volume: million units, 2013-17 Table 12: France automotive manufacturing industry category segmentation: million units, 2017 Table 13: France automotive manufacturing industry geography segmentation: $ billion, 2017 Table 14: France automotive manufacturing industry value forecast: $ billion, 2017-22 Table 15: France automotive manufacturing industry volume forecast: million units, 2017-22 Table 16: France size of population (million), 2013-17 Table 17: France gdp (constant 2005 prices, $ billion), 2013-17 Table 18: France gdp (current prices, $ billion), 2013-17 Table 19: France inflation, 2013-17 Table 20: France consumer price index (absolute), 2013-17 Table 21: France exchange rate, 2013-17 Table 22: Germany automotive manufacturing industry value: $ billion, 2013-17 Table 23: Germany automotive manufacturing industry volume: million units, 2013-17 Table 24: Germany automotive manufacturing industry category segmentation: million units, 2017 Table 25: Germany automotive manufacturing industry geography segmentation: $ billion, 2017 Table 26: Germany automotive manufacturing industry value forecast: $ billion, 2017-22 Table 27: Germany automotive manufacturing industry volume forecast: million units, 2017-22 Table 28: Germany size of population (million), 2013-17 Table 29: Germany gdp (constant 2005 prices, $ billion), 2013-17 Table 30: Germany gdp (current prices, $ billion), 2013-17 Table 31: Germany inflation, 2013-17 Table 32: Germany consumer price index (absolute), 2013-17 Table 33: Germany exchange rate, 2013-17 Table 34: Italy automotive manufacturing industry value: $ billion, 2013-17 Table 35: Italy automotive manufacturing industry volume: million units, 2013-17 Table 36: Italy automotive manufacturing industry category segmentation: million units, 2017 Table 37: Italy automotive manufacturing industry geography segmentation: $ billion, 2017 Table 38: Italy automotive manufacturing industry value forecast: $ billion, 2017-22 Table 39: Italy automotive manufacturing industry volume forecast: million units, 2017-22 Table 40: Italy size of population (million), 2013-17 Table 41: Italy gdp (constant 2005 prices, $ billion), 2013-17 Table 42: Italy gdp (current prices, $ billion), 2013-17 Table 43: Italy inflation, 2013-17 Table 44: Italy consumer price index (absolute), 2013-17 Table 45: Italy exchange rate, 2013-17 Table 46: Japan automotive manufacturing industry value: $ billion, 2013-17 Table 47: Japan automotive manufacturing industry volume: million units, 2013-17 Table 48: Japan automotive manufacturing industry category segmentation: million units, 2017 Table 49: Japan automotive manufacturing industry geography segmentation: $ billion, 2017 Table 50: Japan automotive manufacturing industry value forecast: $ billion, 2017-22 Table 51: Japan automotive manufacturing industry volume forecast: million units, 2017-22 Table 52: Japan size of population (million), 2013-17 Table 53: Japan gdp (constant 2005 prices, $ billion), 2013-17 Table 54: Japan gdp (current prices, $ billion), 2013-17 Table 55: Japan inflation, 2013-17 Table 56: Japan consumer price index (absolute), 2013-17 Table 57: Japan exchange rate, 2013-17 Table 58: Russia automotive manufacturing industry value: $ billion, 2013-17 Table 59: Russia automotive manufacturing industry volume: million units, 2013-17 Table 60: Russia automotive manufacturing industry category segmentation: million units, 2017 List of Figures Figure 1: G8 automotive manufacturing industry, revenue($bn), 2013-22 Figure 2: G8 Automotive Manufacturing industry, revenue by country (%), 2017 Figure 3: G8 automotive manufacturing industry, revenue by country ($bn), 2013-17 Figure 4: Canada automotive manufacturing industry value: $ billion, 2013-17 Figure 5: Canada automotive manufacturing industry value: $ billion, 2013-17 Figure 6: Canada automotive manufacturing industry volume: million units, 2013-17 Figure 7: Canada automotive manufacturing industry category segmentation: % share, by volume, 2017 Figure 8: Canada automotive manufacturing industry geography segmentation: % share, by value, 2017 Figure 9: Canada automotive manufacturing industry value forecast: $ billion, 2017-22 Figure 10: Canada automotive manufacturing industry volume forecast: million units, 2017-22 Figure 11: Forces driving competition in the automotive manufacturing industry in Canada, 2017 Figure 12: Drivers of buyer power in the automotive manufacturing industry in Canada, 2017 Figure 13: Drivers of supplier power in the automotive manufacturing industry in Canada, 2017 Figure 14: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in Canada, 2017 Figure 15: Factors influencing the threat of substitutes in the automotive manufacturing industry in Canada, 2017 Figure 16: Drivers of degree of rivalry in the automotive manufacturing industry in Canada, 2017 Figure 17: France automotive manufacturing industry value: $ billion, 2013-17 Figure 18: France automotive manufacturing industry volume: million units, 2013-17 Figure 19: France automotive manufacturing industry category segmentation: % share, by volume, 2017 Figure 20: France automotive manufacturing industry geography segmentation: % share, by value, 2017 Figure 21: France automotive manufacturing industry value forecast: $ billion, 2017-22 Figure 22: France automotive manufacturing industry volume forecast: million units, 2017-22 Figure 23: Forces driving competition in the automotive manufacturing industry in France, 2017 Figure 24: Drivers of buyer power in the automotive manufacturing industry in France, 2017 Figure 25: Drivers of supplier power in the automotive manufacturing industry in France, 2017 Figure 26: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in France, 2017 Figure 27: Factors influencing the threat of substitutes in the automotive manufacturing industry in France, 2017 Figure 28: Drivers of degree of rivalry in the automotive manufacturing industry in France, 2017 Figure 29: Germany automotive manufacturing industry value: $ billion, 2013-17 Figure 30: Germany automotive manufacturing industry volume: million units, 2013-17 Figure 31: Germany automotive manufacturing industry category segmentation: % share, by volume, 2017 Figure 32: Germany automotive manufacturing industry geography segmentation: % share, by value, 2017 Figure 33: Germany automotive manufacturing industry value forecast: $ billion, 2017-22 Figure 34: Germany automotive manufacturing industry volume forecast: million units, 2017-22 Figure 35: Forces driving competition in the automotive manufacturing industry in Germany, 2017 Figure 36: Drivers of buyer power in the automotive manufacturing industry in Germany, 2017 Figure 37: Drivers of supplier power in the automotive manufacturing industry in Germany, 2017 Figure 38: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in Germany, 2017 Figure 39: Factors influencing the threat of substitutes in the automotive manufacturing industry in Germany, 2017 Figure 40: Drivers of degree of rivalry in the automotive manufacturing industry in Germany, 2017 Figure 41: Italy automotive manufacturing industry value: $ billion, 2013-17 Figure 42: Italy automotive manufacturing industry volume: million units, 2013-17 Figure 43: Italy automotive manufacturing industry category segmentation: % share, by volume, 2017 Figure 44: Italy automotive manufacturing industry geography segmentation: % share, by value, 2017 Figure 45: Italy automotive manufacturing industry value forecast: $ billion, 2017-22 Figure 46: Italy automotive manufacturing industry volume forecast: million units, 2017-22 Figure 47: Forces driving competition in the automotive manufacturing industry in Italy, 2017 Figure 48: Drivers of buyer power in the automotive manufacturing industry in Italy, 2017 Figure 49: Drivers of supplier power in the automotive manufacturing industry in Italy, 2017 Figure 50: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in Italy, 2017 Figure 51: Factors influencing the threat of substitutes in the automotive manufacturing industry in Italy, 2017 Figure 52: Drivers of degree of rivalry in the automotive manufacturing industry in Italy, 2017 Figure 53: Japan automotive manufacturing industry value: $ billion, 2013-17 Figure 54: Japan automotive manufacturing industry volume: million units, 2013-17 Figure 55: Japan automotive manufacturing industry category segmentation: % share, by volume, 2017 Figure 56: Japan automotive manufacturing industry geography segmentation: % share, by value, 2017 Figure 57: Japan automotive manufacturing industry value forecast: $ billion, 2017-22 Figure 58: Japan automotive manufacturing industry volume forecast: million units, 2017-22 Figure 59: Forces driving competition in the automotive manufacturing industry in Japan, 2017 Figure 60: Drivers of buyer power in the automotive manufacturing industry in Japan, 2017
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Automotive DC-DC Converter Market Analysis by Size, Share, Growth, Trends up to 2033
According to Future Market Insights' most recent market estimate, the automotive DC-DC converter market size is worth US$ 782.4 million in 2023. A CAGR of 33.4% is anticipated in the market during the forecast period.
The automotive DC-DC converter market is anticipated to soar to new heights as a result of rising fuel prices and the growing trend toward electric automobiles. These vehicles are popular on the market since they help cut down on vehicle emissions. The demand for high-performance, low-emission vehicles is rising, and government regulations on vehicle emissions are becoming more stringent. These factors are some of the factors driving the sales of automotive DC-DC converter.
Automotive DC-DC converter manufacturers have been forced to expand their selection of products as a result of the increase in sales of commercial vehicles. For instance, Ford created a pickup truck that is all electric and is predicted to have a 300-mile operating range.
Ford had initially planned to develop a hybrid powertrain, but the company has now changed its mind and now prefers a fully electric truck. The F-150 electrified went on sale in 2022. The expansion of the automotive DC-DC converter market is attributed to the growing electrification of the automotive industry across all geographies and countries.
Sales of electric vehicles surged significantly during the pandemic, despite the fact that the automobile industry faced major difficulties during that time. Due to the technologically superior, environmentally friendly components that are included in electric vehicles, their initial cost is more than that of gasoline-powered engines, but their ongoing costs are cheaper.
Moreover, the Asia-Pacific region is predicted to have a significant share of the market throughout the forecast period due to expanding vehicle production and the growing focus that major governments are putting to the electrification of vehicles.
For more information: https://www.futuremarketinsights.com/reports/automotive-dc-dc-converter-market
Key Takeaways
The automotive DC-DC converter market is likely to have a CAGR of 33.4% during the forecast period.
Historically, the automotive DC-DC converter market had a CAGR of 22.8% between 2018-2022.
The value of the automotive DC-DC converter market is expected to be US$ 13,962.9 million by 2033.
Based on propulsion type, the PHEV segment has a 64.1% share in the automotive DC-DC converter
The US dominates the automotive DC-DC converter market with a share of 12.9% by 2033.
During the forecast period, the automotive DC-DC converter market in China is likely to showcase a CAGR of 26%.
Competitive Landscape
Automotive DC-DC converter vendors who rely heavily on established markets for their sales must successfully reinvent their product lines in order to ensure low environmental impact and well-designed digital features.
Some of the major key players in the market are Robert Bosch GmbH, Denso Corporation, Toyota Industries Corporation, Delta Electronics, Continental AG, Tesla, Hella GmbH & Co. KGaA, Hyundai, Honda, BorgWarner Inc, Ford, and Vicor Corporation.
Recent Developments in the Market
In May 2021, TDK Corporation (TDK) declared a partnership with Contemporary Amperex Technology Co, Limited (CATL) to broaden its product lines, which now include DC-DC converters and electrical parts for electric vehicles. CATL purchases products from TDK in the automotive electrical and power supply categories for use in automotive power units.
With the introduction of a new DC/DC converter by Vitesco Technologies in February 2021, high-voltage vehicles can now also provide energy to the heating discs of the electrically heated EMICAT catalyst.
The unique e-catalyst offers the lowest emissions during actual operation, which is increasingly important in light of upcoming requirements like Euro 7.
Now, a newly developed DC/DC converter transforms the high voltage of the drive system into low voltage and power for the heating disc.
Key segments
By Vehicle Type:
Commercial Vehicles
Passenger vehicles
By Propulsion Type:
Battery Electric Vehicle (BEV)
Fuel Cell Electric Vehicle (FCEV)
Plug-in Hybrid Vehicle (PHEV)
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Automotive DC-DC Converter Market Report: Overview With Geographical Segmentation By Revenue With Forecast By 2032
According to Future Market Insights’ most recent market estimate, the automotive DC-DC converter market size is worth US$ 782.4 million in 2023. A CAGR of 33.4% is anticipated in the market during the forecast period.
The automotive DC-DC converter market is anticipated to soar to new heights as a result of rising fuel prices and the growing trend toward electric automobiles. These vehicles are popular on the market since they help cut down on vehicle emissions.
The demand for high-performance, low-emission vehicles is rising, and government regulations on vehicle emissions are becoming more stringent. These factors are some of the factors driving the sales of automotive DC-DC converter.
Automotive DC-DC converter manufacturers have been forced to expand their selection of products as a result of the increase in sales of commercial vehicles. For instance, Ford created a pickup truck that is all electric and is predicted to have a 300-mile operating range.
Ford had initially planned to develop a hybrid powertrain, but the company has now changed its mind and now prefers a fully electric truck. The F-150 electrified went on sale in 2022. The expansion of the automotive DC-DC converter market is attributed to the growing electrification of the automotive industry across all geographies and countries.
Sales of electric vehicles surged significantly during the pandemic, despite the fact that the automobile industry faced major difficulties during that time. Due to the technologically superior, environmentally friendly components that are included in electric vehicles, their initial cost is more than that of gasoline-powered engines, but their ongoing costs are cheaper.
Moreover, the Asia-Pacific region is predicted to have a significant share of the market throughout the forecast period due to expanding vehicle production and the growing focus that major governments are putting to the electrification of vehicles.
Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-15861
Key Takeaways
The automotive DC-DC converter market is likely to have a CAGR of 33.4% during the forecast period.
Historically, the automotive DC-DC converter market had a CAGR of 22.8% between 2018-2022.
The value of the automotive DC-DC converter market is expected to be US$ 13,962.9 million by 2033.
Based on propulsion type, the PHEV segment has a 64.1% share in the automotive DC-DC converter
The US dominates the automotive DC-DC converter market with a share of 12.9% by 2033.
During the forecast period, the automotive DC-DC converter market in China is likely to showcase a CAGR of 26%.
Competitive Landscape
Automotive DC-DC converter vendors who rely heavily on established markets for their sales must successfully reinvent their product lines in order to ensure low environmental impact and well-designed digital features.
Some of the major key players in the market are:
Robert Bosch GmbH, Denso Corporation, Toyota Industries Corporation, Delta Electronics, Continental AG, Tesla, Hella GmbH & Co. KGaA, Hyundai, Honda, BorgWarner Inc, Ford, and Vicor Corporation.
Recent Developments in the Market
In May 2021, TDK Corporation (TDK) declared a partnership with Contemporary Amperex Technology Co, Limited (CATL) to broaden its product lines, which now include DC-DC converters and electrical parts for electric vehicles. CATL purchases products from TDK in the automotive electrical and power supply categories for use in automotive power units.
With the introduction of a new DC/DC converter by Vitesco Technologies in February 2021, high-voltage vehicles can now also provide energy to the heating discs of the electrically heated EMICAT catalyst.
The unique e-catalyst offers the lowest emissions during actual operation, which is increasingly important in light of upcoming requirements like Euro 7.
Now, a newly developed DC/DC converter transforms the high voltage of the drive system into low voltage and power for the heating disc.
Key segments
By Vehicle Type:
Commercial Vehicles
Passenger vehicles
By Propulsion Type:
Battery Electric Vehicle (BEV)
Fuel Cell Electric Vehicle (FCEV)
Plug-in Hybrid Vehicle (PHEV)
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