SIP Non-Isolated DC-DC Converter Module Market size was valued at USD 1.5 Billion in 2024 and is forecasted to grow at a CAGR of 9.2% from 2026 to 2033, reaching USD 3.2 Billion by 2033.
The global SIP Non Isolated DC DC Converter Module market size was valued at USD 3.25 billion in 2022 and is expected to grow at a CAGR of 6.5% from 2023 to 2030. This market growth is driven by the increasing demand for energy efficient power conversion solutions in various applications such as telecommunications, industrial automation, automotive, and consumer electronics. The demand for compact and highly efficient power modules has fueled the expansion of the market across diverse sectors. The Asia Pacific region held the largest share in 2022, accounting for approximately 45% of the global market due to the presence of a large number of manufacturing hubs, particularly in China, Japan, and South Korea. North America and Europe followed, with the adoption of these modules growing steadily, especially in automotive and industrial applications.
Regionally, Asia Pacific is expected to continue leading the SIP Non Isolated DC DC Converter Module market, projected to grow at a robust CAGR of 7.2% during the forecast period. The increasing production of electronic devices and rapid urbanization in emerging economies such as India and China further contribute to the markets expansion. In contrast, North America and Europe are witnessing significant growth in demand driven by the rise in renewable energy installations and the adoption of electric vehicles (EVs). The market in these regions is estimated to grow at a CAGR of 5.8% and 6.2%, respectively, over the forecast period. Furthermore, opportunities for market growth are emerging with the increased use of SIP Non Isolated DC DC Converter Modules in energy efficient systems, industrial automation, and smart grid applications globally.
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Murata
TDK
Vicor Corporation
Artesyn Embedded Technologies (Advanced Energy)
Texas Instruments
Beijing Suplet Co.
Ltd.
FLEX
Torex Semiconductor
ABB
Mornsun Guangzhou Science & Technology Co.
Ltd.
Eaton
Renesas
XP Power
RECOM Power
Würth Elektronik
Delta
SynQor
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. 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 Global SIP Non-Isolated DC-DC Converter Module Market
Low Voltage (0.8V - 3.3V)
Medium Voltage (3.3V - 12V)
High Voltage (12V - 60V)
Below 1W
1W - 5W
5W - 20W
Above 20W
Through Hole
Surface Mount
Telecommunications
Consumer Electronics
Industrial Automation
Medical Devices
Automotive Applications
Renewable Energy Systems
IT and Telecommunications
Healthcare
Aerospace and Defense
Consumer Electronics
Industrial Sector
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)
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1. Introduction of the Global SIP Non-Isolated DC-DC Converter Module 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. Global SIP Non-Isolated DC-DC Converter Module Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global SIP Non-Isolated DC-DC Converter Module Market, By Type
6. Global SIP Non-Isolated DC-DC Converter Module Market, By Application
7. Global SIP Non-Isolated DC-DC Converter Module Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global SIP Non-Isolated DC-DC Converter Module Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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