Aircraft DC-DC Converter Market is Forecasted to Reach US$ 1.7 Billion in 2030, Says Stratview Research
The global aircraft DC-DC converter market is projected to witness a growth rate of 10.5% annually from 2024 to 2030, with an anticipated size of US$ 1.7 billion by 2030, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global aircraft DC-DC converter market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
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Report Highlights:
Market Size in 2030: US$ 1.7 billion
Growth (CAGR): 10.5% during 2024-2030
Forecast Period: 2024-2030
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Segment Insights on the Aircraft DC-DC Converter Market:
The global Aircraft DC-DC Converter market is segmented based on Installation type, End-Use type, Platform type, Engine type, Fuel type, and Region.
Based on aircraft type - The market is segmented into Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles, and Air Taxis. Fixed wings account for the largest market size globally, with constant demand for passengers and cargo haulage. The great number of airplane fleets managed by airlines increases the need for employing DC-DC converters for systems ranging from avionics and communications to lighting and safety features inclusive of in-flight entertainment.
Aviation requires that aircraft modernization persists among air carriers and in military usage to enhance productivity, diminish environmental impacts, and adopt new system enhancements. This creates a need for lightweight and space-optimized power management systems which propels the use of DC-DC converters.
Conventional airplanes have been the backbone of the global aviation industry without which there cannot be a mature and steady market for power management solutions. Another major factor is the highly developed supply systems and relatively large investment in this field, This is the reason why this sector occupies the dominant position.
Based on form factor type - The market is segmented into Chassis Mount, Encapsulated, Brick, and Others. Chassis Mount is expected to dominate among the various forms. Being versatile to work at higher power demanding loads and proven to operate in tough conditions, the chassis mount converters are perfectly suitable for operation in aircraft. The above-mentioned converters can be directly bonded onto the aircraft chassis, thereby using its framework for the dissipation of heat.
To know the most attractive segments, visit:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
The North American region is expected to dominate the market in the forecasted period. North America is substantially powered by general aircraft manufacturers and system integrators which include Boeing, Lockheed Martin, and Raytheon offering market demand for DC-DC converters. The United States has the highest defense budget in the world due to which large capital is spent on the newest military airplanes and unmanned aerial vehicles which themselves are based on the DC-DC converters. There is also a highly developed commercial aviation industry in the region with steady updates of fleets and a high level of traffic that will help increase the demand for power management.
Aircraft DC-DC Converter Market Drivers:
Some of the key drivers listed in the report are given below.
• Growing Adoption of More-Electric Aircraft (MEA): Rising demand for fuel-efficient and eco-friendly aircraft boosts the need for advanced power conversion systems.
• Rising Demand for Lightweight and Compact Systems: Airlines are pushing for space-saving, high-efficiency power converters to reduce overall aircraft weight.
• Increased Integration of Avionics and Electronics: The growing number of electronic components onboard drives demand for reliable DC-DC converters.
• Expansion in UAV and Defense Aviation: Rapid UAV and defense aircraft development require robust, high-performance power management solutions.
• Upgrades in Existing Aircraft Fleets: Modernization programs focusing on electronic systems drive converter replacement and retrofitting demand.
Top Companies in the Aircraft DC-DC Converter Market:
Stratview Research has identified the following companies as the top market players.
• TDK Lambda Corporation
• Advanced Energy Industries Inc.
• Murata Manufacturing Co. Ltd.
• Infineon Technologies AG
• Vicor Corporation
Note: The above list does not necessarily include all the top players in the market.
What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the Aircraft DC-DC Converter Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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