Global Converter Modules Market Research Report: By type (DC-DC Converter Module, DC-AC Converter Module, AC-DC Converter Module), by Application (IT & Telecommunication, Industrial, Healthcare, Transportation & Logistics, Aerospace & Defense, and Others), by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Central & South America) — Forecast till 2025
Converter Modules Market Highlights
Converter modules allow components to work in high-power situations without using an external source. This helps manufacturers reduce costs of the board and simplify the circuit design, resulting in the elimination of ground loop and interferences occurring from other circuits. Component manufacturers are focusing on designing isolated converter modules that comply with stringent medical safety standards to extend their reach in the healthcare equipment industry. Moreover, the market has witnessed a significant shift towards battery-powered automobile, therefore, encouraging the component manufacturers to develop converter modules complementing the needs of the automotive industry.
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Key Players
The key players in the converter modules market are identified across all the major regions based on their country of origin, geographic presence, recent key developments, product diversification, and industry expertise. Some of them are Murata Manufacturing Co., Ltd (Japan), RECOM Power GmbH (Austria), FUJITSU (Japan), ROHM Semiconductor (Japan), STMicroelectronics (Switzerland), Renesas Electronics Corporation (Japan), Texas Instruments Incorporated (US), ABB Ltd (Switzerland), Mitsubishi Electric Corporation (Japan), Delta Electronics, Inc. (Taiwan), Flex Ltd. (US), Advantech Co., Ltd (Taiwan), Würth Elektronik GmbH & Co. KG (Germany), Vicor Corporation (US), SynQor, Inc. (US), SUMIDA CORPORATION (Japan), OMRON Corporation (Japan), MORNSUN Guangzhou Science & Technology Co.,Ltd (China), TDK Corporation (Japan), and TAMURA Corporation (Japan). The companies are focused on upgrading and enhancing their existing product portfolios as well as innovating products by investing in research and development by analyzing the changing market trends.
Segmental Analysis
As per the study conducted by MRFR, the global converter modules market has been segmented on the basis of type and application. On the basis of type, the DC-DC converter module segment is estimated to dominate the growth of global market during the forecast period. Also, based on the applications, the industrial segment is estimated to witness a significant growth during the forecast period 2019–2025.
Regional Analysis
The market for converter modules is estimated to witness swift growth during the forecast period from 2019 to 2025. The geographic analysis of converter modules market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East & Africa, and South America). According to MRFR analysis, the market in Asia-Pacific is expected to contribute the highest share to the global converter modules market during the forecast period. China, Japan, and Taiwan are among the major manufacturers of converter modules, thereby contributing to the growth of the market in Asia-Pacific.
On the other hand, the North American market is expected to register the highest CAGR during the forecast period 2019–2025. The demand for high-power operations in the industrial and defense industry verticals has encouraged the local manufacturers in this region to enter the converter modules market and fuel the growth of the North American market.
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Growing competition for SMPS in data centers and a transition to battery-powered vehicles led to the development of the global market for converter modules.
The implementations of these systems can be found in various vertical sectors, including manufacturing, education, logistics, and defense.Thus, the converter modules market is expected to see steady growth over the forecast period.
This also phases out ground loops, isolating the circuit, thus from interferences induced by other sources.
To produce accurate performance, the source needed for this form of power module must provide low noise and ripple.In the power transmission of offshore wind power systems by high voltage direct current (HVDC), the DC / DC converter module is used to pass power from wind turbines to HVDC terminals and plays a crucial role in providing high voltage gain, high output and high resistance to failures.
This paper introduces a revolutionary multi-port DC / DC converter module with several modules connected in a flexible matrix configuration, which simultaneously provides an ultra-high voltage step-up ratio and low voltage / current part rating.
Besides, soft-switching is obtained for all power switches due to the introduction of integrated clamping current-fed push-pull (CFPP) converters as sub-modules (SM) and the currents of series-connected CFPP converters are auto-balanced, which significantly reduce switching losses and control complexity.
Market HighlightsConverter modules allow components to work in high-power situations without using an external source.
This helps manufacturers reduce costs of the board and simplify the circuit design, resulting in the elimination of ground loop and interferences occurring from other circuits.
Component manufacturers are focusing on designing isolated converter modules that comply with stringent medical safety standards to extend their reach in the healthcare equipment industry.Moreover, the market has witnessed a significant shift towards battery-powered automobile, therefore, encouraging the component manufacturers to develop converter modules complementing the needs of the automotive industry.Key PlayersThe key players in the converter modules market are identified across all the major regions based on their country of origin, geographic presence, recent key developments, product diversification, and industry expertise.
Some of them are Murata Manufacturing Co., Ltd (Japan), RECOM Power GmbH (Austria), FUJITSU (Japan), ROHM Semiconductor (Japan), STMicroelectronics (Switzerland), Renesas Electronics Corporation (Japan), Texas Instruments Incorporated (US), ABB Ltd (Switzerland), Mitsubishi Electric Corporation (Japan), Delta Electronics, Inc. (Taiwan), Flex Ltd. (US), Advantech Co., Ltd (Taiwan), Würth Elektronik GmbH & Co. KG (Germany), Vicor Corporation (US), SynQor, Inc. (US), SUMIDA CORPORATION (Japan), OMRON Corporation (Japan), MORNSUN Guangzhou Science & Technology Co.,Ltd (China), TDK Corporation (Japan), and TAMURA Corporation (Japan).
The companies are focused on upgrading and enhancing their existing product portfolios as well as innovating products by investing in research and development by analyzing the changing market trends.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/8164Segmental AnalysisAs per the study conducted by MRFR, the global converter modules market has been segmented on the basis of type and application.
On the basis of type, the DC-DC converter module segment is estimated to dominate the growth of global market during the forecast period.
Converter Modules Market ReportConverter modules facilitate elements to operate in high-power situations.
It makes the circuit design simplified and leads to the removal of interferences and ground loop taking place from other circuits.
The manufacturers who make components are concentrating largely on planning isolated converter modules.
These modules go at par with strict medical safety norms.
They are identified for expanding their reach in the healthcare equipment sector.
On the other hand, according to the applications segment, the industrial segregation is expected to observe a substantial growth rate over the assessment period 2019–2025.Regional AnalysisThe worldwide market for converter modules is predicted to witness swift growth over the forecast period from 2019 to 2025, as stated in the report published by Market Research Future.
Converter Modules Industry 2021-2027New Study Reports " Converter Modules Industry 2021: Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast To 2027" has been Added on MarketResearchFuture.Report OverviewThe report on the Converter Modules Industry provided based on the recent developments and data that has been collated from the previous year’s looks to provide a thorough understanding.
The various economic and demographic factors that influence the market have been presented in the study.
This helps manufacturers reduce costs of the board and simplify the circuit design, resulting in the elimination of ground loop and interferences occurring from other circuits.
Component manufacturers are focusing on designing isolated converter modules that comply with stringent medical safety standards to extend their reach in the healthcare equipment industry.
Moreover, the market has witnessed a significant shift towards battery-powered automobile, therefore, encouraging the component manufacturers to develop converter modules complementing the needs of the automotive industry.Key PlayersThe report has profiled some of the Important players prevalent in the global like – Murata Manufacturing Co., Ltd (Japan), RECOM Power GmbH (Austria), FUJITSU (Japan), ROHM Semiconductor (Japan), STMicroelectronics (Switzerland), Renesas Electronics Corporation (Japan), Texas Instruments Incorporated (US), ABB Ltd (Switzerland), Mitsubishi Electric Corporation (Japan), Delta Electronics, Inc. (Taiwan), Flex Ltd. (US), Advantech Co., Ltd (Taiwan), Würth Elektronik GmbH & Co. KG (Germany), Vicor Corporation (US), SynQor, Inc. (US), SUMIDA CORPORATION (Japan), OMRON Corporation (Japan), MORNSUN Guangzhou Science & Technology Co.,Ltd (China), TDK Corporation (Japan), and TAMURA Corporation (Japan).
The companies are focused on upgrading and enhancing their existing product portfolios as well as innovating products by investing in research and development by analyzing the changing market trends among othersThis report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Converter Modules.Request for Free Sample Report of “Converter Modules” Market @ https://www.marketresearchfuture.com/sample_request/8164Segmental AnalysisAs per the study conducted by MRFR, the global Converter Modules Industry has been segmented on the basis of type and application.
