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Converter Modules Market Analysis, Trends and Opportunities forecast year 2025 (SARS-CoV-2, Covid-19 Analysis)

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Market News-Flash

Converter Modules Market

A new market study, titled “Converter Modules Market” has been featured on Market Research Future.

 
 
 

According to Market Research Future, the global converter modules market has been segmented into type, application, and region.

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By type, the global converter modules market has been segmented into DC-DC converter module, DC-AC converter module, and AC-DC converter module. Among these converter modules, the DC-DC converter module dominated the global market in 2018 and is estimated to grow with a highest CAGR during the forecast period. An increase in the adoption of smartphones, wearable devices, and robots has attributed to the growth of these converter modules.

By application, the global converter modules market has been segmented into IT & telecommunication, industrial, healthcare, transportation & logistics, aerospace & defense, and others. Among these segments, the IT & telecommunication segment dominated the global converter modules market in 2018 and is estimated to maintain its dominance during the forecast period 2019–2025. Moreover, the applications of converter modules in industrial segment is expected to witness a substantial growth during the forecast period. The demand for battery-operated vehicles is expected to create opportunities for component manufacturers to expand their reach in the automotive industry.

Regional Analysis

By region, the global converter modules market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. The market in Asia-Pacific is estimated to dominate the global market followed by Europe, North America, the Middle East & Africa, and Central & South America. The increasing adoption of converter modules for industrial robotics is fueling the growth of the market in Asia-Pacific. However, the North American region is anticipated to witness the highest growth during the forecast period owing to the increasing demand for SMPS across data centers.

Key Players

The key players in the converter modules market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Texas Instruments Incorporated (US), ABB Ltd (Switzerland), Mitsubishi Electric Corporation (Japan), FUJITSU (Japan), TDK Corporation (Japan), TAMURA Corporation (Japan), Renesas Electronics Corporation (Japan), Flex Ltd. (US), Advantech Co., Ltd (Taiwan), Murata Manufacturing Co., Ltd (Japan), RECOM Power GmbH (Austria), Delta Electronics, Inc. (Taiwan), ROHM Semiconductor (Japan), STMicroelectronics (Switzerland), Vicor Corporation (US), SynQor, Inc. (US), MORNSUN Guangzhou Science & Technology Co.,Ltd (China), Würth Elektronik GmbH & Co. KG (Germany), SUMIDA CORPORATION (Japan), and OMRON Corporation (Japan). These players contribute a significant share in the growth of the global converter modules market.

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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
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Email: [email protected]

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