Aircraft DC-DC Converter Market Size, Share & Segmentation by Aircraft Type (Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles, Air Taxis), by Form Factor, by Input Voltage, by Output Voltage, by Output Power, by Output Number, by Type, by Application, and By Regions | Global Market Forecast 2023-2030
Report Id: SNS/A&D/1224 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Aircraft DC-DC Converter Market Size was valued at USD 0.66 billion in 2022 and is expected to reach USD 1.47 billion by 2030, and grow at a CAGR of 10.5% over the forecast period 2023-2030.
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.
MARKET DYNAMICS:
KEY DRIVERS:
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Upgradation of Aircraft
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New programs and services.
RESTRAINTS:
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Short term replacement
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High maintenance
OPPORTUNITIES:
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Rising growth of the Business jet market
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Enhancement in interior
CHALLENGES:
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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.
MARKET KEY PLAYERS:
TDK Lambda Corporation, Advanced Energy Industries Inc., Murata Manufacturing Co. Ltd., Infineon Technologies AG, and Vicor Corporation are major players in the aerospace DC-DC converter market. These companies have expanded their operations into countries such as North America, Europe, Asia Pacific, the Middle East, and the Rest of the World.
KEY MARKET SEGMENTS:
By Output Number:
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Single Output
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Dual Output
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Multiple Output
By Type:
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Isolated
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Non-Isolated
By Application:
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Avionics
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Flight Control System
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Surveillance System
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Environmental Control System
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Energy Storage System
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Others
By Aircraft Type:
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Fixed Wing
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Rotary Wing
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Unmanned Aerial Vehicles
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Air Taxis
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:
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North America
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USA
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Canada
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Mexico
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Europe
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Germany
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UK
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France
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Italy
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Spain
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The Netherlands
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Rest of Europe
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Asia-Pacific
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Japan
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south Korea
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China
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India
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Australia
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Rest of Asia-Pacific
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The Middle East & Africa
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Israel
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UAE
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South Africa
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Rest of Middle East & Africa
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Latin America
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Brazil
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Argentina
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Rest of Latin America
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| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 0.66 Billion |
| Market Size by 2030 | US$ 1.47 Billion |
| CAGR | CAGR of 10.5% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Aircraft Type (Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles, Air Taxis) • By Form Factor • By Input Voltage • By Output Voltage • By Output Power • By Output Number • By Type • By Application |
| 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 |
Frequently Asked Questions (FAQ) :
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2.Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
4.Value Chain Analysis
5.Porter’s 5 forces model
6. PEST Analysis
7. Aircraft DC-DC Converter, By Aircraft Type
7.1 Fixed Wing
7.2 Rotary Wing
7.3 Unmanned Aerial Vehicles
7.4 Air Taxis
8. Aircraft DC-DC Converter, By Output Number
8.1 Single Output
8.2 Dual Output
8.3 Multiple Output
9. Aircraft DC-DC Converter, By Type
9.1 Isolated
9.2 Non-Isolated
10. Aircraft DC-DC Converter, By Application
10.1 Avionics
10.2 Flight Control System
10.3 Surveillance System
10.4 Environmental Control System
10.5 Energy Storage System
10.6 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12.1 TDK Lambda Corporation
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Texas Instruments Incorporated
12.3 Vicor Corp
12.4 MURATA
12.5 Infineon Tecnologies AG
12.6 Crane Co.
12.7 XP Power
12.8 Bel Fuse Inc.
12.9 Astronics
12.10 Pico Electronics
12.11 Martek Power
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
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