PUNE, India, December 15, 2022 (GLOBE NEWSWIRE) — The global DC-DC Converter Market The size reached USD 9.17 billion in 2021. The market is expected to grow from US$10.04 billion in 2022 to US$21.92 billion in 2029, registering a CAGR of 11.79% over the forecast period. Strong demand for electronics and electric vehicles is expected to drive the growth of the industry. Fortune Business Insights™ presents this information in his report entitled “DC-DC Converter Market, 2022-2029.“

Effects of COVID-19:

Reduced electronics production hampered industry growth during the pandemic

This market has been negatively impacted during the COVID-19 pandemic due to reduced electronics production. The alarming rise in COVID-19 infections has led to the closure of manufacturing facilities. This factor disrupted the supply chain and hampered the industry’s growth prospects. In addition, travel and transportation restrictions led to shortages of raw materials. However, the resumption of activities after the post-COVID-19 pandemic enabled the manufacturers to boost their business and increase their market growth during the pandemic.

Get a sample copy of the research report:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/dc-dc-converter-market-106558

List of key players profiled in the report

• Advanced Energy Industries, Inc. (USA)
• Analog Devices, Inc. (USA)
• ABB (Switzerland)
• Crane Holdings, Co. (USA)
• Delta Electronics, Inc. (Taiwan)
• Flex Ltd (Singapore)
• Infineon Technologies AG (Germany)
• Murata Manufacturing Co.,Ltd. (Japan)
• NXP Semiconductor (Netherlands)
• Renesas Electronics Corporation (Japan)
• Skyworks Solutions, Inc. (US)
• STMicroelectronics (Switzerland)
• TDK Corporation (Japan)
• Texas Instruments Incorporated (US)
• Vicor Corporation (USA)