South Korea Non-Isolated DC-DC Converters Integrated Circuit Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 0.7 Billion by 2030, growing at a CAGR of 8.1% from 2024 to 2030.
The South Korea Non-Isolated DC-DC Converters Integrated Circuit Market is experiencing significant growth due to the increasing demand for efficient power conversion technologies across various industries. These converters are crucial in power electronics, enabling the efficient transfer of energy between power sources and loads. The market for these devices has gained traction due to the expanding adoption of electric vehicles (EVs), renewable energy systems, and consumer electronics in South Korea.
The primary driving force behind the demand for non-isolated DC-DC converters in South Korea is the surge in the use of battery-powered devices. These converters help in managing power efficiently, ensuring that devices operate optimally. With the shift towards more sustainable and energy-efficient systems, the need for these components has increased in sectors like automotive, telecommunications, and consumer electronics.
Industries such as automotive are looking for high-efficiency power systems for electric vehicles, which has led to a rise in demand for non-isolated DC-DC converters. These converters ensure seamless power regulation, enabling EVs to perform more effectively and last longer on a single charge. Moreover, with the country's focus on renewable energy solutions, especially solar power, the demand for these devices has also risen, as they are key in optimizing power conversion for solar panels.
From a technological standpoint, the South Korea Non-Isolated DC-DC Converters Integrated Circuit Market is expected to see innovations in efficiency and miniaturization. Manufacturers are increasingly focusing on developing compact, high-performance ICs that can support the growing need for smaller, lighter devices without compromising power conversion efficiency. Additionally, the integration of these ICs into various applications, from communication devices to industrial automation, underscores their importance in South Korea’s rapidly advancing tech landscape.
As the demand for more efficient and compact power solutions continues to rise, the South Korea Non-Isolated DC-DC Converters Integrated Circuit Market is expected to witness continued growth. Industry players are working to meet the evolving requirements of various sectors, ensuring that their products meet the highest standards of performance, durability, and energy efficiency.
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TOREX
Infineon
Analog Devices
Onsemi
MICROSEMI
Texas Instruments
Sanken Electric Co.
Ltd.
Shanghai Belling
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.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Non-Isolated DC-DC Converters Integrated Circuit Market
Buck Converter
Boost Converter
Buck-Boost Converter
Charge Pump Converter
Linear Regulators
Low Voltage (up to 5V)
Medium Voltage (5V to 15V)
High Voltage (above 15V)
Up to 1W
1W to 10W
10W to 50W
Above 50W
Consumer Electronics
Automotive Electronics
Industrial Automation
Telecommunications
Medical Devices
Integrated DC-DC Converter ICs
Power Modules
Discrete Components
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Non-Isolated DC-DC Converters Integrated Circuit 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. South Korea Non-Isolated DC-DC Converters Integrated Circuit Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Non-Isolated DC-DC Converters Integrated Circuit Market, By Type
6. South Korea Non-Isolated DC-DC Converters Integrated Circuit Market, By Application
7. South Korea Non-Isolated DC-DC Converters Integrated Circuit Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Non-Isolated DC-DC Converters Integrated Circuit Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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