7newswire space DC-DC converter market size reached USD 32.1 Million in 2020 and is expected to register a revenue CAGR of 8.1%, during the forecast period, according to latest analysis by Emergen Research. Some key factors driving global space DC-DC converter market revenue growth are increasing deployment of small satellites and increasing miniaturization of space DC-DC converters. Development of thick-film hybrid DC-DC converters is expected to boost revenue growth of the market over the forecast period. For space design applications, thick-film hybrid DC-DC converters provide unique size, weight, efficiency, and cost savings. Because these are available in various power levels, output voltage/current rates, built-in functional capabilities, and form factor combinations, these are suitable building block modules that match the commercial equivalents’ brick design. With thorough design analyses and validation record-keeping, next-generation hybrid bricks provide design solutions with significant cost savings and decreased design time.
The all-encompassing report on the Space DC-DC Converter market projects the prospective growth of the industry. It gives and extensive analysis of the market size, share, demand, trends, gross revenue, total earnings to draw a forecast of the growth in the years 2021 to 2028. The study estimates the potential growth of the industry and the factors responsible for the expansion of the business. The study highlights the driving forces, restrains and hurdles for the growth of the market.
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It sheds light on the major companies that contribute significantly to the global sector. The report studies the presence of these companies in major geographical regions and their individual placement in the worldwide business. It helps in projecting the growth of Space DC-DC Converter through the years and in predicting its expansion in the forecasted time span. The increase in the demand for the product is boosting the overall production to ensure a smooth functioning demand-supply chain.
Top Companies Operating in the Space DC-DC Converter Market and Profiled in the Report are: STMicroelectronics N.V., Astronics Corporation, AJ’s Power Source, Inc. (AJPS), Thales Group, Vicor Corporation, Airbus Group SE, Texas Instruments Incorporated, SynQor, Inc., Infineon Technologies AG, and Renesas Electronics Corporation
Emergen Research has segmented the global space DC-DC converter on the basis of platform, type, form factor, application, input voltage, output voltage, output power, and region:
The study aims to provide a forecast of the growth of the Space DC-DC Converter market by examining the market size, share, demand, trends, and gross revenue of the industry. Further, it provides a competitive analysis and SWOT analysis. The report segments the industry based on product type, application and end-use. It highlights the emerging trends as well as the novel technology that are visible in the market. The research offers a clear look at the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
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The report on the Space DC-DC Converter market employs both primary and secondary research to examine its import and export, demand and supply, consumption power, spending capacity and distribution channel worldwide. The report evaluates the market standing of key manufacturers and sheds light on the strategies they have adopted to stay competitive. The study also applies qualitative and quantitative methods to assess the annual and financial performance of the top vendors and insights from market leaders. Extensive coverage of the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Space DC-DC Converter market for the forecast period from 2021 to 2028.
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The research provides answers to the following key questions:
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