Converter Modules Market Worth 2021-2027
New Study Reports " Converter Modules Market Worth 2021 Global Market Opportunities, Challenges, Strategies and Forecasts 2027" has been Added on MarketResearchFuture.
Introduction/Report Summary:
This report provides in depth study of “Converter Modules Market Worth” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Converter Modules Market Worth report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
The Global Converter Modules Market Worth size was valued at USD 8,040 million in 2018 and is expected to reach USD 12,995 million by the end of the forecast period with a CAGR of 7%.
According to the MRFR report, there are several factors which affect the growth of the market for global converter modules. The growing demand for advanced power-saving solutions and rapid developments in digital power management and control technologies has further propelled the growth of the global market for converter modules. Additionally, the advances in advanced driver assistance system (ADAS) technology, vehicle to all (V2X) communication module, body electronics, and LED lighting have created opportunities for manufacturers to develop highly efficient converter modules. Growing requirement for reliable power supply units for use in out-patient care equipment and rising demand for energy-efficient devices/appliances across the global are also projected to impelling the market growth in the forecast period. Increasing demand for SMPS in data centers and a shift to battery-powered automobiles have contributed to the growth of the global market for converter modules.
In addition, the applications of these modules can be observed in various vertical industries, including industrial, healthcare, logistics, and defence. Thus, the converter modules market is expected to witness steady growth over the forecast period. However, these modules do not automatically switch off in a no-load state, thus reducing the system efficiency. This represents a major challenge for converter modules manufacturers. Moreover, regulations and safety standards that vary from country to country is restraining the market growth at the global level.
Key Players
The 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 others
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Converter Modules.
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Segmentation
The global converter modules market has been analysed on the basis of application, type, and region.
By type, the global converter modules market has been bifurcated into DC-AC converter module, DC-DC converter module, as well as AC-DC converter module.
Based on the application, the global converter modules market has been divided into IT & telecommunication, healthcare, industrial, aerospace & defense, transportation & logistics, and others
Regional Assessment
It is estimated that the global market for converter modules will grow at a staggering rate over the 2019-2027 forecast period. For Asia-Pacific, North America, Europe , the Middle East & Africa and Central & South America, the geographic analysis of the converter modules market has been carried out.
As per the MRFR report, it is projected that Asia-Pacific dominates the global converter modules market followed by North America and Europe. In the Asia-Pacific region the demand for converter modules is attributed to the high concentration of manufacturers of electric components. China , Japan and Taiwan are the major contributors to the growth of the market for converter modules in Asia-Pacific. In those countries , low labor costs have favored the production of converter modules in this region. Owing to the need for converter modules for aerospace and defense applications, the European region is projected to witness a stable yet exponential growth. The North American region, however, is forecast to see the highest growth during the 2019–2027 forecast period.
Key Stakeholders
Converter Modules Market Worth Manufacturers
Converter Modules Market Worth Distributors/Traders/Wholesalers
Converter Modules Market Worth Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 Research Objectives
2.4 Markets Structure
3 Market Insights
4 Research Methodology
5 Market Dynamics
….
11 Company Profiles
11.1 Delta Electronics, Inc.
11.1.1 Company Overview
11.1.2 Product/Business Segment Overview
11.1.3 Financial Updates
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.1.6 Key Strategies
11.2 ROHM Semiconductor
11.2.1 Company Overview
11.2.2 Product/Business Segment Overview
11.2.3 Financial Updates
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.2.6 Key Strategies
11.3 STMicroelectronics
11.3.1 Company Overview
11.3.2 Product/Business Segment Overview
11.3.3 Financial Updates
11.3.4 Key Developments
11.3.5 SWOT Analysis
11.3.6 Key Strategies
11.4 Renesas Electronics Corporation
11.4.1 Company Overview
11.4.2 Product/Business Segment Overview
11.4.3 Financial Updates
11.4.4 Key Developments
11.4.5 SWOT Analysis
11.4.6 Key Strategies
And more
Continued...
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