DC-DC Converter Market Expansion Driven by Global Electrification...

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2025-06-06 05:09:44 -

DC-DC Converter Market Expansion Driven by Global Electrification Initiatives

The global DC-DC converter market was valued at USD 10.79 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 11.4% from 2024 to 2030. One of the main factors propelling this growth is the increasing demand for energy-efficient power conversion solutions across a wide range of industries. The rapid development of renewable energy sources, including...

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