DUBLIN, September 01, 2021–(BUSINESS WIRE)–The "Aircraft DC-DC Converter Market by Application, Aircraft Type (Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles, Air Taxis), Form Factor, Input Voltage, Output Voltage, Output Power, Output Number, Type, and Region – Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The global aerospace DC-DC converter market size is projected to grow from USD 0.7 billion in 2021 to USD 1.7 billion by 2030, at a CAGR of 10.3% from 2021 to 2030.
The market is driven by various factors, such as introduction to new programs in business jets, rise in aircraft renewals and deliveries, growing demand for unmanned aerial vehicles and increasing demand for military helicopters.
Non-Isolated DC-DC Converters: The largest segment of the Aerospace DC-DC Converter market, by Type.
The non-isolated type DC-DC converter are projected to grow at the highest CAGR rate for the aerospace DC-DC converter market during the forecast period. Non-isolated DC-DC converters in aerospace are used in several sub-systems of UAVs and aircrafts, such as cockpit lighting. In the aerospace and defense industry, 10 to 20 Amp rated non-isolated DC-DC converters are used. These converters can operate in wide temperatures from -40C to 85C. All DC-DC converters used in the aerospace and defense industry are of military standard. Texas Instruments' LM5161 is one such non-isolated aerospace DC-DC converter used in UAVs.
Multiple Power Output: The fastest-growing segment of the aerospace DC-DC Converter market, by Output Number.
Based on the output number, the multiple output DC-DC converters are projected to grow at the highest CAGR rate for the aerospace DC-DC converter market during the forecast period. Multiple output DC-DC converters in the aerospace industry are used in avionics systems in cockpits, where the same voltage level is required for driving many sub-systems. One such sub-system is the cockpit lighting system in aircrafts. They work for input voltage ranges from 18 volts to 32 volts DC and are capable of providing output DC voltage in the range of 3.3 to 18 volts. These converters have an operating efficiency of as high as 98%. RECOM Power's MD200 provides one 5Vdc output and two 12Vdc outputs.
Brick: The fastest-growing segment of the aerospace DC-DC converter market, by Form Factor.
Based on the form factor, the brick DC-DC converter is projected to grow at the highest CAGR for the aerospace DC-DC converter market during the forecast period. Brick DC-DC converters offer products in different sizes, fulfilling the need for a compact DC-DC converter. These can be further categorized into full brick, half brick, quarter brick, eighth brick, and sixteenth brick.
<28v: The fastest-growing segment of the aerospace DC-DC converter market, by Input Voltage.
Based on the input voltage, the <28v segment is projected to grow at the highest CAGR rate for the aerospace DC-DC converter market during the forecast period. DC-DC converters work on input voltages below 28 volts; these are compact and provide single output. They are used in UAVs for applications such as controllers. Crane's MTR 40 is one such aerospace DC-DC converter that works on 16 to 40 volts input voltage and provides 3.3 volts DC output.
North America: The largest contributing region in the aerospace DC-DC Converter market.
North America is projected to be the largest regional share of the global aerospace DC-DC converter market during the forecast period. The US is one of the leaders in the aerospace DC-DC converters industry. Major companies such as Advanced Energy(US), Vicor Corp. (US), Texas Instruments(US), Crane Co.(US), XP Power(US), Bel Fuse Inc.(US), and Astronics(US), and small-scale private companies such as Pico Electronics(US), Abbott Tech(US), VPT(US), Martek Power(US), KGS Electronics(US), SYNQOR(US), and AJ's Power Source (US) have their headquarters in the US. The above-mentioned major players continuously invest in the R&D of new & improved designs of aerospace and defense-standard DC-DC converters.
Market Dynamics
Drivers
Introduction to New Programs in Business Jets
Rise in Aircraft Renewals and Deliveries
Growing Demand for Unmanned Aerial Vehicles
Increasing Demand for Military Helicopters
Restraints
Limited Adoption of Drones due to Political, Economic, Social, Technological, and Legal Factors
Lengthy Period of Product Certification from Aviation Authorities
Defense Budget Reductions in Developed Nations
Opportunities
Increasing Environmental Concerns
Rising Demand for Business Jets from Emerging Markets
Challenges
Restrictions in the Commercial Use of Drones
Companies Mentioned
Abbott Technologies
Advanced Energy Industries Inc.
AJ's Power Source
Astronics Corporation
Bel Fuse Inc.
Brightloop Converters
Cincon Electronics
Crane Co.
FDK Corporation
Infineon Technologies Ag
KGS Electronics
Martek Power
Meggitt plc
Murata Manufacturing Co. Ltd
Pico Electronics
Recom-Power GmbH
Synqor
Tame Power
Tdk-Lambda Corporation
Texas Instruments Incorporated
Thales
Viable Power
Vicor Corporation
VPT
XP Power
For more information about this report visit https://www.researchandmarkets.com/r/1p4kcl
View source version on businesswire.com: https://www.businesswire.com/news/home/20210901005668/en/
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Global Aircraft DC-DC Converter Market (2021 to 2030) – Increasing Environmental Concerns Presents Opportunities – ResearchAndMarkets.com – Yahoo Finance

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