The global high power DC-DC converter market size was valued at USD 4.06 billion in 2021 and USD 4.46 billion in 2022. The market is expected to reach USD 9.77 billion by 2029 with a CAGR of 11.88% during the forecast period. Increasing use of the product in various end-use industries such as consumer electronics, I.T. and telecommunications, energy and power, and cars is predicted to boost the demand for the product. Growing technological features in the product will drive the market growth. Increasing investments in wind and solar power are expected to propel the market course. Increasing demand for electric vehicles is expected to facilitate market development for high power DC-DC converter. Fortune Business Insights™ shares this information in its report titled “High Power DC-DC Converter Market, 2022-2029.”
Browse Complete Report Summary:
https://www.fortunebusinessins....ights.com/high-power
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