PUNE, India, December 8, 2022 (GLOBE NEWSWIRE) — The global High performance DC-DC converter market The size was estimated at $4.06 billion in 2021 and $4.46 billion in 2022. The market is expected to reach USD 9.77 billion by 2029, with a CAGR of 11.88% over the forecast period. The increasing use of the product in various end-use industries such as consumer electronics, IT and telecom, energy and power, and automobiles is expected to increase the demand for the product. Increasing technological features in the product will drive the market growth. Increasing investments in wind and solar energy are expected to drive the market price. The increasing demand for electric vehicles is expected to facilitate the market development of high power DC-DC converters. Insights into the Fortune business™ shares this information in his report entitled “High performance DC-DC converter Market, 2022-2029.“

Effects of COVID-19:

Negative impacts on the semiconductor and electronics industries during the pandemic led to a decline in market growth

The COVID-19 pandemic has resulted in many challenges and disruptions in global market operations. The pandemic has hit the semiconductor and electronics industries hard. According to our study, the production of electronic components has declined, and so has the demand for home office electronics, home electronics and other necessary systems. However, after the pandemic, the automotive industry was expected to grow at a CAGR of 26-28% in 2021.

Request a sample copy of the research report:

https://www.fortunebusinessinsights.com/enquiry/sample/high-power-dc-dc-converter-market-107022

List of key players profiled in the report

• ABB AG (Switzerland)
• Analog Devices Inc. (USA)
• Crane Co. (USA)
• Delta Electronic Inc. (Taiwan)
• INVT (China)
• Infineon Technologies (Germany)
• Kiepe Electric Schweiz AG (Switzerland)
• NXP Semiconductor (Netherlands)
• Renesas Electronic Corporation (Japan)
• Schaefer, Inc. (USA)
• STMicroelectronics (Switzerland)
• TDK Corporation (Japan)
• Texas…