Converter Modules Market Growth, Future Scope, Challenges, Opportunities 2027
Market Synopsis
The global AC/DC Converter Modules Market Size was assessed at USD 8.04 billion in 2018 and is expected to touch USD 12.9 billion by the end of the forecast period with a CAGR of 7%.
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Regional Assessment
It is estimated that the global Converter Modules Market Analysis will grow at a staggering rate over the 2019-2025 forecast period. For Asia-Pacific, North America, Europe , the Middle East & Africa and Central & South America, the geographic analysis of the converter modules market has been carried out.
Segmentation
The global AC/DC Converter Modules Market Size has been analyzed on the basis of application, type, and region.
By type, the global converter modules market Size has been bifurcated into DC-AC converter module, DC-DC converter module, as well as AC-DC converter module.
Based on the application, the global converter modules market Size has been divided into IT & telecommunication, healthcare, industrial, aerospace & defense, transportation & logistics, and others.
Key Players
MRFR has acknowledged a few companies as prominent players in the global converter modules market. These include ROHM Semiconductor (Japan), Delta Electronics, Inc. (Taiwan), STMicroelectronics (Switzerland), Texas Instruments Incorporated (US), Renesas Electronics Corporation (Japan), ABB Ltd (Switzerland), Flex Ltd. (US), Mitsubishi Electric Corporation (Japan),Advantech Co., Ltd (Taiwan), RECOM Power GmbH (Austria), Murata Manufacturing Co., Ltd (Japan), FUJITSU (Japan), TAMURA Corporation (Japan), TDK Corporation (Japan), and Würth Elektronik GmbH & Co. KG (Germany).
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