United States Vehicle-mounted DC-DC Converter Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 0.8 Billion by 2030, growing at a CAGR of 9.1% from 2024 to 2030.
The US Vehicle-mounted DC-DC Converter Market is rapidly evolving as the demand for efficient energy conversion solutions in electric vehicles (EVs) and hybrid vehicles grows. With the automotive industry’s shift towards electrification, vehicle-mounted DC-DC converters are becoming crucial components in ensuring reliable power management for in-vehicle electrical systems. These converters help optimize the distribution of electrical energy by converting high-voltage direct current (DC) from the vehicle's battery into low-voltage DC to power various components, such as infotainment systems, lighting, and safety features.
As EVs gain popularity, the Vehicle-mounted DC-DC Converter Market is seeing increasing demand across different industries. This trend is driven by the growing need for energy efficiency and the rising adoption of renewable energy technologies. The converters must be able to handle higher power densities while maintaining reliability and minimizing energy loss. Moreover, as consumers expect better performance from their vehicles, manufacturers are pushing the boundaries of these converters to improve efficiency, size, and cost-effectiveness.
Industries such as automotive, aerospace, and defense are all leaning heavily on vehicle-mounted DC-DC converters to meet their power requirements. In the automotive sector, the converters are used to power internal electrical components, while in the aerospace industry, they serve to provide reliable power for critical systems in aircraft. Additionally, the defense sector uses these converters in military vehicles, ensuring that electronic systems function optimally even in demanding environments.
The growing importance of energy efficiency is not only pushing the vehicle-mounted DC-DC converter market forward but also driving innovation in converter designs. Manufacturers are now focusing on developing more compact, lighter, and cost-effective solutions that meet the needs of modern vehicles. With technological advancements and a rising demand for electric vehicles, the future of the Vehicle-mounted DC-DC Converter Market is poised for substantial growth and transformation.
Get an In-Depth Research Analysis of the US Vehicle-mounted DC-DC Converter Market Size And Forecast [2025-2032]
Â
Eaton
Toshiba
Shenzhen Foripower Electric Co.
Ltd
TDK Corporation
Bosch
Delphi
Valeo
Delta
Zhejiang EVTECH
Skyworks
Shinry
Sanan IC
SHINDENGEN ELECTRIC MANUFACTURING CO.LTD
Microset
MORNSUN Guangzhou Science & Technology Co.
Ltd.
Prodrive Technologies
Siemens
Zekalabs
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 US Vehicle-mounted DC-DC Converter Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the US Vehicle-mounted DC-DC Converter Market
Isolated DC-DC Converters
Non-Isolated DC-DC Converters
Boost Converters
Buck Converters
Buck-Boost Converters
Electric Vehicles (EVs)
Hybrid Electric Vehicles (HEVs)
Commercial Vehicles
Military Vehicles
Heavy-duty Vehicles
Low Voltage (Up to 24V)
Medium Voltage (24V to 48V)
High Voltage (Above 48V)
Automotive Industry
Aerospace Industry
Defense Sector
Construction Equipment
Transportation and Logistics
Compact Size
High Efficiency
Thermal Management
Rugged Design
Lightweight and Portable
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 @ Vehicle-mounted DC-DC Converter Market Research Analysis
1. Introduction of the US Vehicle-mounted DC-DC Converter 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. US Vehicle-mounted DC-DC Converter Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Vehicle-mounted DC-DC Converter Market, By Type
6. US Vehicle-mounted DC-DC Converter Market, By Application
7. US Vehicle-mounted DC-DC Converter Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Vehicle-mounted DC-DC Converter 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 US 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/