Europe Power DC-DC Convertors Market was valued at USD 1.80 Billion in 2022 and is projected to reach USD 3.50 Billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030.
The European DC-DC converters market is experiencing significant growth, driven by the increasing demand for energy-efficient power solutions across various industries. In 2023, the market generated a revenue of approximately USD 2,485.7 million and is projected to grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2030. This growth is attributed to the rapid expansion of renewable energy sources, such as solar and wind power, which require efficient DC-DC converters for effective power management and grid integration.
Industries are increasingly seeking DC-DC converters that offer low losses, high efficiency, compact size, and lightweight designs. Emerging technologies, like high-power wide bandgap (WBG) semiconductors and bidirectional power supplies, are facilitating the development of new DC-DC converters that meet these stringent requirements. For instance, STMicroelectronics provides bidirectional DC-DC converters tailored for automotive applications, highlighting the industry's shift towards more efficient power conversion solutions.
In my professional experience, I've observed that the integration of advanced DC-DC converters is crucial for optimizing energy consumption and enhancing the performance of electronic systems. Industries are now prioritizing converters that not only meet technical specifications but also contribute to overall sustainability goals by reducing energy wastage.
The market is segmented based on product type, input voltage, output voltage, output power, propulsion type, and vehicle type. For example, in the automotive sector, DC-DC converters are essential for electric vehicles (EVs), where they convert high voltage to 48V, high voltage to 12V, and 48V to 12V. The primary design requirements for these converters include low losses, high efficiency, reduced volume, and lightweight construction. The adoption of advanced technologies, such as high-power WBG semiconductors and bidirectional power supplies, is aiding in the development of new DC-DC converters that meet these stringent requirements.
In the context of data centers, the demand for reliable power supply solutions is escalating due to the proliferation of cloud computing, 5G networks, and high-performance computing. The Europe AC-DC power supply in data centers market is projected to grow from USD 3,124.72 million in 2023 to USD 5,451.50 million by 2032, with a CAGR of 7.20% from 2024 to 2032. This growth underscores the critical role of efficient power conversion systems in supporting the expanding digital infrastructure.
Moreover, the global DC-DC converter market is expected to grow at a CAGR of 11.4% from 2024 to 2030, reaching approximately USD 22.37 billion by 2030. This robust growth reflects the increasing adoption of energy-efficient power conversion solutions across various sectors, including automotive, industrial, and telecommunications.
In summary, the European DC-DC converters market is poised for substantial growth, driven by the escalating demand for efficient power management solutions across diverse industries. The integration of advanced technologies and the emphasis on energy efficiency are key factors propelling the market forward, aligning with the global shift towards sustainable and reliable power infrastructures.
Get an In-Depth Research Analysis of the Europe Power DC-DC Convertors Market Size And Forecast [2025-2032]
Â
Texas Instruments
Analog Devices
Infineon Technologies
Maxim Integrated
CUI
STMicroelectronics
Vicor Corporation
Murata Manufacturing
TDK-Lambda Corporation
ROHM Semiconductor
Delta Electronics
XP Power
RECOM Power
Renesas Electronics
Onsemi
Monolithic Power Systems
Victron Energy
Kolibrik
Â
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Europe Power DC-DC Convertors Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Europe Power DC-DC Convertors Market
Step-down (Buck) Converters
Step-up (Boost) Converters
Buck-Boost Converters
Isolated DC-DC Converters
Consumer Electronics
Telecommunications
Renewable Energy Systems
Automotive
Industrial Equipment
Healthcare Devices
Below 1W
1W to 10W
10W to 100W
Above 100W
Passive Components
Active Components
Magnetic Components
Circuit Protection Devices
Linear Regulators
Synchronous Rectification
Transformer-Based Techniques
Integrated DC-DC Converters
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Power DC-DC Convertors Market Research Analysis
1. Introduction of the Europe Power DC-DC Convertors Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Power DC-DC Convertors Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Power DC-DC Convertors Market, By Type
6. Europe Power DC-DC Convertors Market, By Application
7. Europe Power DC-DC Convertors Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Power DC-DC Convertors Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Europe Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/