Aircraft DC-DC Converter Market Report Scope & Overview:

The Aircraft DC-DC Converter Market Size was valued at USD 0.85 billion in 2023 and is expected to reach USD 1.89 billion by 2031 with a growing CAGR of 10.6% over the forecast period 2024-2031.

The Aircraft DC-DC Converter market will be largely driven by the increase in aircraft renewal and delivery in the predicted year. The International Air Transportation Association’s forecast for airline demand by 2021 is 50.6% improvement compared to 2020. This will lead to an increase in the demand for the production and purchase of aircraft. According to Boeing Outlook, long-term forecasts for short-term change and medium-term renewable growth showed the need for 43,222 new aircraft by 2028. This will lead to an increase in the delivery of flights to Asia Pacific, the Middle East, Africa, and Latin America in commercial, cargo, and defense flights. These new and refurbished aircraft will be equipped with new low-power technology and efficient operation. This leads to an increase in demand for space-based electronic devices such as DC-DC converters, which are used in various aircraft systems.

Aircraft DC-DC Converter Market Revenue Analysis

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MARKET DYNAMICS

KEY DRIVERS

  • Upgradation of Aircraft

  • New programs and services.

RESTRAINTS

  • Short term replacement

  • High maintenance

OPPORTUNITIES

  • Rising growth of the Business jet market

  • Enhancement in interior

CHALLENGES

  • Restrictions to commercial use of drones

THE IMPACT OF COVID-19

COVID-19 is an unprecedented global public health disaster that has impacted nearly every business, and the long-term impacts are expected to have an influence on industry growth during the forecast period. Our ongoing research expands our research methodology to include fundamental COVID-19 concerns and relevant next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The updated study contains insights, analysis, estimates, and forecasts based on the COVID-19 market impact.

The Aircraft DC-DC Converter market with 30 to 99 watts output is expected to grow by 257 Million USD by 2021 to 654 Million USD by 2030 with a CAGR of 11.3%. Aircraft DC-DC Converter operating at a power output of 30-99W usually have a very wide input range. They can be used to power tools that need to operate under variable input voltage. They operate well under the interrupted power supply and are designed to operate under shallow environmental conditions. Such transformers in the aerospace industry are used for important applications such as environmental control systems. HR120 from Crane Co. is a single DC-DC converter used in the aviation industry.

The 15v power supply is expected to grow with the highest CAGR price in the Aircraft DC-DC Converter market during the forecast period. One of the applications where 15 volts DC is required is in the Electric Engine Controller (EEC). These 15 volts DC-DC converters are single converters. Infineon’s Electronic Power Conditioner is one such product designed to provide 15 votable volts to extract DC from aircraft.

Brick DC-DC aircraft converter is expected to grow at the highest CAGR Aircraft DC-DC Converter market during the forecast period. DC-DC brick type converters are known for their high density and low operating noise. These converters also provide advanced power processing and a highly integrated package. They offer a wide range of inlet and outlet voltage and have high performance. DC-DC brick converters offer products of various sizes, fulfilling the need for a combined DC-DC converter. These can be divided into full brick, half brick, quarter brick, eighth brick, and sixteen brick.

Many outgoing DC-DC converters are expected to grow with the highest CAGR value in the DC-DC conversion market during the forecast period. Many DC-DC converters in the aviation industry are used in avionics systems in the cockpit, where the same power level is required to drive many smaller systems. One such small program is the pilot program for airplane pilots. They operate input volumes from 18 volts to 32 volts DC and are able to supply DC output power at a range of 3.3 to 18 volts. These converters work well up to 97%. RECOM Power's MD200 provides single 5Vdc output and dual 12Vdc output.

The market for Aircraft DC-DC converters used in aviation control systems is expected to grow at a very high CAGR. Flight control systems refer to a system that controls all flight operations that are useful for departures, arrivals, shifts, etc. Flight control systems allow the pilot to perform all the tasks specified in the cockpit using switches. These changes send control signals to the systems, and the systems work accordingly. The control signals must be switched directly to the fly-by-wire flight control systems according to a specific system requirement, which is achieved by DC-DC converters. The DC-DC transformers also provide isolation that prevents any damage to the cockpit due to power outages or high voltage back-to-flight fly-by-wire control systems.

KEY MARKET SEGMENTATION

By Output Number

  • Single Output

  • Dual Output

  • Multiple Output

By Type

  • Isolated

  • Non-Isolated

By Application

By Aircraft Type

Aircraft DC-DC Converter Market Segment Analysis

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REGIONAL ANALYSIS

During the forecast period, North America is expected to have the highest geographic share of the worldwide DC-DC converter market. The Aircraft DC-DC Converter market in North America is primarily divided into two countries: the United States and Canada. The United States is a market leader in the Aircraft DC-DC Converter Market. The headquarters of major companies such as Advanced Energy, Vicor Corp., Texas Instruments, Crane Co., XP Power, Bel Fuse Inc., and Astronics, as well as small-scale private companies such as Pico Electronics, Abbott Tech, VPT, Martek Power, KGS Electronics, SYNQOR, and AJ's Power Source, are in the United States. The major players mentioned above are constantly investing in R&D of new and better designs of aerospace and defense-standard DC-DC converters.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

KEY PLAYERS

The Major Players are TDK Lambda Corporation, Advanced Energy Industries Inc., Murata Manufacturing Co. Ltd., Infineon Technologies AG, Vicor Corporation and Other Players

Advanced Energy Industries Inc-Company Financial Analysis

Aircraft DC-DC Converter Market Report Scope:

Report Attributes Details
Market Size in 2023 US$ 0.85 Billion
Market Size by 2031 US$ 1.89 Billion
CAGR CAGR of 10.6% From 2024 to 2031
Base Year 2023
Forecast Period 2024-2031
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments

• 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 Aircraft Type( Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles, Air Taxis)

Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles TDK Lambda Corporation, Advanced Energy Industries Inc., Murata Manufacturing Co. Ltd., Infineon Technologies AG, and Vicor Corporation
DRIVERS • Upgradation of Aircraft
• New programs and services.
RESTRAINTS • Short term replacement
• High maintenance