Aerospace DC-DC Converter Market Size Uplifts $2.62 Bn by 2034

Aerospace DC-DC Converter Market Size, Supply Chain & Logistics Data

The global aerospace DC-DC converter market is anticipated to reach USD 2.62 billion by 2034, growing at a CAGR of 10.34% over the next decade. North America leads the aerospace DC-DC converter market, driven by innovation in the U.S. and Canada. The rise of electric vehicles boosts demand, with Isolated DC-DC converters topping the market. Asia Pacific is growing fast, fueled by industrial growth, electric vehicles, and expanding telecom networks.

Aerospace DC-DC Converter Market Size, Companies and Growth

The aerospace DC-DC converter market size is calculated at USD 0.98 billion in 2024 and is anticipated to reach around USD 2.62 billion by 2034, growing at a CAGR of 10.34% from 2025 to 2034.

Aerospace DC-DC Converter Market Size 2023 - 2034

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Aerospace DC-DC Converter Market Overview

An aerospace DC-DC converter is a device that changes direct current (DC) from one voltage level to another in aerospace applications, ensuring that different components obtain the appropriate power levels required for their functionality. These converters play an essential role in aerospace applications as they enable effective management and distribution of power where space, weight, and reliability are vital.

By ensuring a steady and reliable power supply to various subsystems, DC-DC converters enhance the efficiency, safety and durability of aerospace equipment, thus playing a crucial role in aircraft, satellites and other aerospace technologies. Innovations in aerospace electronics, particularly the move towards fully electric and hybrid-electric aircraft, are accelerating the use of DC-DC converters for enhanced power management.

The market for aircraft DC-DC converter is witnessing substantial expansion due to increasing popularity of energy efficient and lightweight alternatives, accompanied by progress in materials and design technologies, which enhance the effectiveness of these converters in fulfilling the expanding needs of the aviation sector.

Highlights Of Aerospace DC-DC Converter Market

  • North America dominates the aerospace DC-DC converter market due to its strong focus on technological progress and innovation. Especially the U.S. and Canada hosts many prominent manufacturers and technology firms that are persistently creating cutting-edge DC-DC converter solutions.
  • The automotive sector also plays a vital role in contributing to the market, especially with the increasing popularity of electric and hybrid electric vehicles that depend on dependable DC-DC converters for power distribution and battery management.
  • The Isolated DC-DC converters segment led the market in 2024. This dominance can be attributed to the enhanced performance these converters offer in ensuring electrical isolation between the input and output, a vital aspect for safety and minimizing noise in delicate electronic applications.
  • The market was primarily led by the up to 100V segment in 2024, owing to the widespread utilization of these products across various applications, including consumer electronics and industrial machinery.
  • By output power, the 30-99W segment is observed to grow at the fastest rate.
  • Asia Pacific is the fastest growing market for DC-DC converters, fueled by the rapid development of its industrial sector, rise in the use of electric vehicles and the growth of telecommunications infrastructure.
  • The swift growth of telecommunications networks, especially with the deployment of 5G technology fueled the demand for DC-DC converters in the area.
  • Countries like Japan, China, India and South Korea are key players in the market, making substantial investments in technological advancements and infrastructure.

Industry Leader Announcement

In 2024 Northrop Grumman, a leading aerospace and defence company announced the creation of a new series of DC-DC converters for aerospace applications aimed at next generation unmanned aerial vehicles (UAV’s). These converters are claimed to offer improved efficiency and a lightweight construction, which are essential for longer mission times. Similarly, Airbus has collaborated with Infineon, a European semiconductor company to incorporate highly efficient DC-DC converters into its newest satellite platforms. This collaboration seeks to improve the power management features of Airbus’s space system, increasing their reliability and efficiency while in orbit.

Competitive Landscape

Aerospace DC-DC Converter Market Companies

The aerospace DC-DC converter market is a huge market with the presence of numerous key players. Some of the popular companies include Eaton, Vicor, Meggitt, TDK, Crane Co., Gaia Converter, Artesyn Technologies, Infineon Technologies, Texas Instruments, Modular Devices, AJ's Power Source, Tame-Power, Bel Power Solutions, Lone Star Aviation, VPT Inc., Advanced Energy and Avionics Instrument. These companies invest heavily to develop the advanced aerospace DC-DC converter market to maintain their dominance in the industry.

Market Segments

By Aircraft Type

  • Fixed Wing
  • Rotary Wing
  • Unmanned Aerial Vehicles
  • Air Taxis

By Form Factor

  • Chassis Mount
  • Encapsulated
  • Brick
  • Others

By Input Voltage

  • <28V
  • 28-75V
  • 75-270V
  • 270-800V
  • >800V

By Output Voltage

  • <5V
  • 12V
  • 15V
  • 24V
  • 48V
  • >48V

By Output Power

  • <10W
  • 10-29W
  • 30-99W
  • 100-250W
  • 250-500W
  • 500-1,000W
  • >1,000W

By Output Number

  • Single Output
  • Dual Output
  • Multiple Output

By Type

  • Isolated
  • Non-Isolated

By Application

  • Avionics
  • Flight Control System
  • Surveillance System
  • Environmental Control System
  • Energy Storage System
  • Others

By Region

  • North America
    • US
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Insight Code: 1489
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Last Updated: 29 January 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

About The Author

Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.

FAQ's

An aerospace DC-DC converter is an electronic device that converts varying DC voltage levels to provide stable power to avionics systems.

They ensure reliable, efficient power distribution for critical systems in aircraft, improving performance and safety.

The growth in air travel, advancements in aerospace technology, and the need for energy-efficient systems are key market drivers.

Aerospace DC-DC converters are designed for long-lasting performance, typically lasting 10-20 years depending on the application.

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