Global DC-DC Converter Market Size, Share, Demand, Growth, Report, Analysis and Forecast to 2022-2027
According to the latest report by IMARC Group, titled "Global DC-DC Converter Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027", the global DC-DC converter market reached a value of US$ 9.81 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 15.63 Billion by 2027, exhibiting a CAGR of 7.80% during 2022-2027. DC-DC converters, also known as linear or switching regulators, are electromechanical devices that convert direct current (DC) sources from one voltage level to another. These high-frequency power conversion circuits use high-frequency switching and inductors, transformers, and capacitors to smooth out…