It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market.This report provides an in-depth analysis of the global automotive DC-DC converter market and provides market size (Volume Units) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year.On the basis of region, global automotive DC-DC converter market is segmented into North America, Latin America, Europe, Asia pacific, and Middle East & Africa. On the basis of output power, the global automotive DC-DC converter market is segmented into Upto 3 kW, 3 kW to 7 kW, 7 kW to 11 kW, and others. On the basis of vehicle type, the global automotive DC-DC converter market is segmented into passenger cars and commercial vehicles. On the basis of system, the global automotive DC-DC converter market is segmented into 12 V system, 24 V system and 48 V system & above. On the basis of propulsion system, the global automotive DC-DC converter market is segmented into Hybrid EV (PHEV & HEV), EV/BEV, and fuel cell vehicle (FCV). On the basis of DC-DC Converter Type, global automotive DC-DC converter market is segmented into Isolated and Non-isolated (Buck, Boost, etc.). This report segments the global automotive DC-DC converter market on the basis of DC-DC Converter Type, Propulsion System, System, Vehicle Type, Output Power, and Region. The increasing demand for electric and hybrid vehicles is resulting in rising demand for automotive DC-DC convertors, as it is an integral part of electric vehicles. Moreover, in July 2018, the Brazil government launched ‘Rota 2030’, an incentive program for car manufacturers through which the government is offering tax emption from 7% to 20% depending on the efficiency of the vehicle. Moreover, In May 2018, Argentina launched National Electric Mobility Strategy program to develop charging infrastructure, promote electric vehicle production, and to gradually electrify new vehicles sold in the country. For instance, in September 2018, Mexico government launched National Electric Mobility Strategy, through which the government is providing exemption on federal duty on new battery electric vehicles (BEVs) and hydrogen fuel cell vehicles (HCEVs). Moreover, government initiative are propelling adoption of electric vehicles. Various governments in these regions are providing tariff exemptions, and tax incentives for purchasing electric vehicles.
The power regeneration systems also require a bidirectional electricity transfer in a vehicle.Įmerging economies such as Brazil, Colombia, and Mexico in Latin America region are expected to be growth engines for the automotive DC-DC convertor market during the forecast period. Thus, the need of bi-directional electric transfer between the two batteries has been increased, according to the specific needs of the overall system. The traditional 12 V lead-acid and 48 V lithium batteries are needed to start the engine. Introduction of devices to reduce fuel consumption such as the on and off system requires the use of two power systems in vehicles.
0 kommentar(er)
