The Global Step-Down Non-Isolated DC-DC Power Modules Market was valued at US$ 322 million in 2024 and is projected to reach US$ 461.7 million by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period (2024-2032).
The U.S. market size for Step-Down Non-Isolated DC-DC Power Modules is estimated to reach $325 million in 2024, while China is projected to achieve a market size of $410 million by the same year. This growth is driven by strong demand from the consumer electronics, telecommunications, and automotive electronics sectors, which increasingly require efficient power management solutions.
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The Input Voltage ≤ 20V segment is expected to grow significantly, reaching $790 million by 2031, expanding at a CAGR of 9.1% during the forecast period (2025–2031). This growth is primarily fueled by the rising adoption of compact, energy-efficient modules in portable electronics, wearables, IoT devices, and battery-powered systems, where space and power efficiency are critical.
Leading global manufacturers of Step-Down Non-Isolated DC-DC Power Modules include:
Murata
TDK
Vicor Corporation
Artesyn Embedded Technologies (Advanced Energy)
Texas Instruments
Beijing Relpow Technology
FLEX LTD.
Torex Semiconductor
ABB
MORNSUN
As of 2024, the top five global players hold an estimated XX% share of the total market revenue, indicating a moderately concentrated market landscape.
We have conducted a comprehensive survey of stakeholders in the Step-Down Non-Isolated DC-DC Power Modules industry, including:
Manufacturers
Suppliers
Distributors
Industry Experts
Sales and revenue trends
Demand and supply fluctuations
Price variations
Product innovations and technology upgrades
Strategic developments and future plans
Emerging industry trends
Market drivers and growth challenges
Regulatory obstacles and potential risks
This report aims to provide a comprehensive presentation of the global market for Step-Down Non-Isolated DC-DC Power Modules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Step-Down Non-Isolated DC-DC Power Modules. This report contains market size and forecasts of Step-Down Non-Isolated DC-DC Power Modules in global, including the following market information:
Global Step-Down Non-Isolated DC-DC Power Modules market revenue, 2020-2025, 2026-2031, ($ millions)
Global Step-Down Non-Isolated DC-DC Power Modules market sales, 2020-2025, 2026-2031, (K Units)
Global top five Step-Down Non-Isolated DC-DC Power Modules companies in 2024 (%)
Increasing Demand from Industrial and Automotive Sectors
The rising use of DC-DC power modules in industrial automation and automotive electronics is fueling steady market growth.
Miniaturization and Integration of Power Modules
Manufacturers are focusing on compact designs with integrated features to meet space-constrained applications, especially in consumer electronics.
Growth in Renewable Energy and Energy Storage Applications
With increased investment in energy storage systems, the need for efficient power conversion solutions like step-down DC-DC modules is rising.
Rise in Smart Devices and IoT Deployment
The expanding adoption of smart consumer electronics and IoT devices is accelerating the need for efficient, reliable power solutions.
Focus on High-Efficiency and Low-Heat Solutions
There’s a growing preference for modules with higher conversion efficiency and reduced thermal output to improve system performance.
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Global Step-Down Non-Isolated DC-DC Power Modules market, by Type, 2020-2025, 2026-2031 ($ millions) & (K Units)
Global Step-Down Non-Isolated DC-DC Power Modules market segment percentages, by Type, 2024 (%)
Input Voltage ? 20V
20 < Input Voltage ? 40V
40 < Input Voltage ? 60V
60 < Input Voltage ? 100V
100 < Input Voltage ? 200V Input Voltage > 200V
Global Step-Down Non-Isolated DC-DC Power Modules market, by Application, 2020-2025, 2026-2031 ($ Millions) & (K Units)
Global Step-Down Non-Isolated DC-DC Power Modules market segment percentages, by Application, 2024 (%)
Industrial Control
Communication
Military
Consumer Electronics
Automotive
Energy Storage
Others
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Step-Down Non-Isolated DC-DC Power Modules revenues in global market, 2020-2025 (estimated), ($ millions)
Key companies Step-Down Non-Isolated DC-DC Power Modules revenues share in global market, 2024 (%)
Key companies Step-Down Non-Isolated DC-DC Power Modules sales in global market, 2020-2025 (estimated), (K Units)
Key companies Step-Down Non-Isolated DC-DC Power Modules sales share in global market, 2024 (%)
Further, the report presents profiles of competitors in the market, key players include:
Murata
TDK
Vicor Corporation
Artesyn Embedded Technologies (Advanced Energy)
Texas Instruments
Beijing Relpow Technology
FLEX LTD.
Torex Semiconductor
ABB
MORNSUN
Eaton
Renesas Electronics Corporation
XP Power
RECOM Power GmbH
Würth Elektronik
Delta Electronics, Inc.
SynQor
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Q: What are the key driving factors and opportunities in the Step-Down Non-Isolated DC-DC Power Modules market?
A: Key drivers include growing demand from industrial, automotive, and consumer electronics sectors, while opportunities lie in 5G networks and renewable energy systems.
Q: Which region is projected to have the largest market share?
A: Asia-Pacific, especially China, is expected to dominate the market due to its strong electronics manufacturing base and rapid industrialization.
Q: Who are the top players in the global Step-Down Non-Isolated DC-DC Power Modules market?
A: Major players include Murata, TDK, Vicor Corporation, Texas Instruments, Artesyn (Advanced Energy), and MORNSUN.
Q: What are the latest technological advancements in the industry?
A: Advancements include miniaturized modules, improved thermal management systems, and high-efficiency power conversion technologies.
Q: What is the current size of the global Step-Down Non-Isolated DC-DC Power Modules market?
A: The global market was valued at US$ 322 million in 2024 and is projected to reach US$ 461.7 million by 2032.