Open DC Converter market was valued at USD 1.8 billion in 2024 and is projected to reach USD 2.9 billion by 2032, exhibiting a CAGR of 6.1% during the forecast period
Report Studies
• The global Open DC Converter market was valued at USD 1.8 billion in 2024 and is projected to reach USD 2.9 billion by 2032, exhibiting a CAGR of 6.1% during the forecast period. The U.S. market accounted for approximately 28% of global revenue in 2024, while China is expected to witness the fastest growth at 7.3% CAGR through 2032.
• Open DC Converters are electrical circuits that convert direct current (DC) power from one voltage level to another, enabling efficient power distribution across various applications. These devices feature exposed architecture without enclosures, allowing for direct component integration into larger systems. Key product categories include DIN rail-mounted, base-installed, and rack-mounted configurations with power ratings ranging from 5W to 10kW.
By Type:
• The market is segmented based on type into:
• DIN Orbits
• Subtypes: Rail-mounted, panel-mounted, and others
• Base Installation
• Rack Installation
• Subtypes: Standard racks, customized racks, and others
• Others
• The market is segmented based on application into:
• Mobile Phone
• Computer
• Photovoltaic Power Generation
• Industrial Automation
• Others
Key Players:
• ABB Power Electronics Inc. (Switzerland)
• Artesyn Embedded Power (U.S.)
• Bel Power Solutions (U.S.)
• Cincon Electronics Co. LTD (Taiwan)
• Cosel USA, Inc. (Japan)
• CUI Inc. (U.S.)
• MEAN WELL USA Inc. (Taiwan)
• Power Integrations (U.S.)
