SMD Non-Isolated DC/DC Power Modules Market Analysis:
The Global SMD Non-Isolated DC/DC Power Modules Market was valued at US$ 1.4 billion in 2024 and is projected to reach US$ 1.9 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast period (2024-2032).
SMD Non-Isolated DC/DC Power Modules Market OverviewThe U.S. market for SMD Non-Isolated DC/DC Power Modules is projected to be valued at $215.6 million in 2024. Meanwhile, China is expected to reach a market size of $328.4 million in the same year, highlighting significant growth potential across North America and Asia-Pacific.
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Segment Analysis: Input Voltage ≤ 20VThe Input Voltage ≤ 20V segment is anticipated to reach $487.2 million by 2031, growing at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period (2025–2031). This growth is driven by the increasing demand for compact, efficient power solutions in consumer electronics, industrial applications, and IoT devices.
Key Global ManufacturersThe global market is highly competitive and includes leading players such as:
- Murata Manufacturing Co., Ltd.
- TDK Corporation
- Vicor Corporation
- Artesyn Embedded Technologies (Advanced Energy)
- Texas Instruments Incorporated
- Beijing Relpow Technology Co., Ltd.
- FLEX LTD.
- Torex Semiconductor Ltd.
- ABB Ltd.
- MORNSUN Power
In 2024, the top five players collectively accounted for approximately 58.3% of the global market revenue, indicating a moderately consolidated market landscape.
Market Research ScopeWe have conducted an in-depth analysis of the SMD Non-Isolated DC/DC Power Modules industry. The research includes:
- Sales and revenue trends
- Demand fluctuations
- Pricing analysis
- Product types and configurations
- Recent developments and strategic plans
- Current and emerging market trends
- Key industry drivers and growth enablers
- Challenges, restraints, and operational risks
This report aims to provide a comprehensive presentation of the global market for SMD Non-Isolated DC/DC Power Modules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SMD Non-Isolated DC/DC Power Modules. This report contains market size and forecasts of SMD Non-Isolated DC/DC Power Modules in global, including the following market information:
- Global SMD Non-Isolated DC/DC Power Modules market revenue, 2020-2025, 2026-2031, ($ millions)
- Global SMD Non-Isolated DC/DC Power Modules market sales, 2020-2025, 2026-2031, (K Units)
- Global top five SMD Non-Isolated DC/DC Power Modules companies in 2024 (%)
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SMD Non-Isolated DC/DC Power Modules Key Market Trends :- Shift Toward Miniaturization and High-Density Power Solutions
Increasing demand for compact electronic devices is driving the adoption of miniaturized SMD non-isolated DC/DC power modules, especially in consumer electronics and automotive applications. - Integration of Advanced Semiconductor Technologies
Manufacturers are incorporating GaN and SiC technologies into power modules to enhance performance, efficiency, and thermal management. - Rising Demand in Energy Storage and Renewable Applications
Growth in the energy storage market is pushing the need for efficient, high-performance power conversion solutions using DC/DC modules. - Automation in Industrial Control Systems
Industrial sectors are adopting these modules for more reliable and flexible power management systems in automated machinery and robotics. - Surge in IoT and 5G Infrastructure Deployment
Expansion of IoT devices and 5G infrastructure is fueling the need for stable and compact DC/DC power modules in communication systems.
Global SMD Non-Isolated DC/DC Power Modules market, by Type, 2020-2025, 2026-2031 ($ millions) & (K Units)
Global SMD Non-Isolated DC/DC Power Modules market segment percentages, by Type, 2024 (%)
- Input Voltage 20V
- 20 < Input Voltage 40V
- 40 < Input Voltage 60V
- 60 < Input Voltage 100V
- 100 < Input Voltage 200V Input Voltage > 200V
Global SMD Non-Isolated DC/DC Power Modules market, by Application, 2020-2025, 2026-2031 ($ Millions) & (K Units)
Global SMD Non-Isolated DC/DC Power Modules market segment percentages, by Application, 2024 (%)
- Industrial Control
- Communication
- Military
- Consumer Electronics
- Automotive
- Energy Storage
- Others
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies SMD Non-Isolated DC/DC Power Modules revenues in global market, 2020-2025 (estimated), ($ millions)
- Key companies SMD Non-Isolated DC/DC Power Modules revenues share in global market, 2024 (%)
- Key companies SMD Non-Isolated DC/DC Power Modules sales in global market, 2020-2025 (estimated), (K Units)
- Key companies SMD Non-Isolated DC/DC Power Modules sales share in global market, 2024 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Murata
- TDK
- Vicor Corporation
- Artesyn Embedded Technologies (Advanced Energy)
- Texas Instruments
- Beijing Relpow Technology
- FLEX LTD.
- Torex Semiconductor
- ABB
- MORNSUN
- Eaton
- Renesas Electronics Corporation
- XP Power
- RECOM Power GmbH
- Würth Elektronik
- Delta Electronics, Inc.
- SynQor
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Q: What are the key driving factors and opportunities in the SMD Non-Isolated DC/DC Power Modules market?
A: Key drivers include the demand for compact power solutions, growth in industrial automation, and renewable energy integration. Opportunities lie in EVs, wearable tech, and 5G infrastructure.
Q: Which region is projected to have the largest market share?
A: Asia-Pacific, particularly China and Japan, is expected to lead due to rapid industrialization, electronics production, and energy infrastructure development.
Q: Who are the top players in the global SMD Non-Isolated DC/DC Power Modules market?
A: Major players include Murata, TDK, Vicor Corporation, Texas Instruments, Artesyn (Advanced Energy), ABB, FLEX LTD., and MORNSUN.
Q: What are the latest technological advancements in the industry?
A: Key advancements include the use of GaN/SiC semiconductors, miniaturized designs, and improved thermal management solutions in high-density modules.
Q: What is the current size of the global SMD Non-Isolated DC/DC Power Modules market?
A: The market was valued at approximately US$ 1.4 billion in 2024 and is expected to reach US$ 1.9 billion by 2032, growing at a CAGR of 4.3%.