Converter modules are machines used to transform analog signals into digital signals, and vice versa for applications of high voltage. 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. The converter modules are used in control components for either stepping up or stepping down the voltage for specific applications of security, surveillance, and communication. Given its low power consumption, high power density, precision, durability, and robustness, a DC-DC converter module is chosen. 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. Furthermore, owing to the expandable matrix structure, the output voltage and power of a modular converter can be controlled by those of a single SM, or by adjusting the column and row numbers of the matrix. High control flexibility improves fault tolerance.
Regional Analysis
The 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. The geographic study conducted on the converter modules market has been studied for regions like Europe, North America, Australia, Asia-Pacific, and the rest of the world (comprising South America and the Middle East & Africa). As per the analysis done by Market Research Future, the market in Asia-Pacific is estimated to hold the largest share of the worldwide converter modules market throughout the assessment period. Japan, Taiwan, and China, are among the key makers of converter modules within the Asia Pacific market. This factor contributes significantly to the development of the market in APAC. Also, the increasing per capita income level coupled with the rising population in the market, serves as influencing factors for the expansion of the worldwide converter modules market. Besides, the expanding government outlay in the defense sector also fuels the growth of the converter modules industry in the Asia Pacific market. On the other hand, the North America market is estimated to record the highest CAGR over the review period 2019–2025. The demand for high power activities in the defense and industrial verticals has accelerated the local makers in this market to explore the converter modules industry and encourage the growth of the North America converter modules market. Furthermore, the presence of emerged economies within the North America market also fuels the growth of the converter modules market significantly.
Key Players
The prominent players within the converter modules market are identified across all the key regions based on their geographic presence and country of origin. Additionally, the other factors influencing the market players include recent key developments, industry expertise, and product diversification. Some of the remarkable players prevailing in the worldwide converter modules market include RECOM Power GmbH (Austria), Murata Manufacturing Co., Ltd (Japan), ROHM Semiconductor (Japan), FUJITSU (Japan), Renesas Electronics Corporation (Japan), STMicroelectronics (Switzerland), ABB Ltd (Switzerland), Texas Instruments Incorporated (US), Delta Electronics, Inc. (Taiwan), Mitsubishi Electric Corporation (Japan), Advantech Co., Ltd (Taiwan), Flex Ltd. (US), Würth Elektronik GmbH & Co. KG (Germany), SynQor, Inc. (US), Vicor Corporation (US), OMRON Corporation (Japan), SUMIDA CORPORATION (Japan), TDK Corporation (Japan), TAMURA Corporation (Japan), and MORNSUN Guangzhou Science & Technology Co.,Ltd (China). The firms are dedicated on enhancing and upgrading their current product portfolios as well as advancing products by spending in research and development by studying the altering market trends.
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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 2025An increasing demand for converter modules for applications in healthcare is anticipated to fuel the growth of global converter modules market during the forecast period 2019–2025.Converter Modules 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.Get Sample @ https://www.marketresearchfuture.com/sample_request/8164Key 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.Segmental AnalysisAs per the study conducted by MRFR, the global converter modules market has been segmented on the basis of type and application.
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.
It makes the circuit design simplified and leads to the removal of interferences and ground loop taking place from other circuits.
They are identified for expanding their reach in the healthcare equipment sector.
With the inception of this trend, the component makers get encouraged to create converter modules that meet the demands of the automotive sector.Market SegmentationAs per the research report published by Market Research Future, the worldwide converter modules market has been segregated on the basis of application and type.
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.Moreover, due to the flexible control, the proposed converter can transfer power directly from multiple ports to HVDC terminals without bus cable.
In this paper, the design of the proposed converter is introduced, and its functions are illustrated by simulation results.
Among these converter modules, the DC-DC converter module led the global market in 2018 and is poised to witness the highest growth rate in the near 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.
