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Aircraft DC DC Converter Market

Aircraft DC DC Converter Market

The market for Aircraft DC DC Converter was estimated at $1.5 billion in 2024; it is anticipated to increase to $2.6 billion by 2030, with projections indicating growth to around $4.2 billion by 2035.

Report ID:DS2301019
Author:Swarup Sahu - Senior Consultant
Published Date:December 2024
Datatree
Aerospace & Defense
Aviation & Aerospace
Aircraft DC DC Converter
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Report Summary
Table of Contents
Methodology
Market Data

Global Aircraft DC DC Converter Market Outlook

Revenue, 2024 (US$B)

$1.5B

Forecast, 2034 (US$B)

$3.8B

CAGR, 2024 - 2034

9.7%
The Aircraft DC DC Converter industry revenue is expected to be around $1.6 billion in 2025 and expected to showcase growth with 9.7% CAGR between 2025 and 2034.

An aircraft DC to DC converter plays a role, in distributing energy within aircraft to maintain a steady and effective power supply system that enhances safety and reliability in modern aviation technology where energy systems face high demands.

aircraft dc dc converter market outlook with forecast trends, drivers, opportunities, supply chain, and competition 2024-2034

Market Key Insights

  • The Aircraft DC DC Converter market is projected to grow from $1.5 billion in 2024 to $3.8 billion in 2034. This represents a CAGR of 9.7%, reflecting rising demand across Aircraft Lighting Systems, Aircraft Flight Control Systems and Onboard Communication Equipment.
  • The market leaders in this sector include Vicor Corporation and Crane Aerospace & Electronics together with Murata Manufacturing Co. Ltd which drive the competitive dynamics of this market.
  • U.S. and Germany are the top markets within the Aircraft DC DC Converter market and are expected to observe the growth CAGR of 7.1% to 10.2% between 2024 and 2030.
  • Emerging markets including Brazil, India and Indonesia are expected to observe highest growth with CAGR ranging between 9.3% to 12.1%.
  • The Aircraft Dc Dc Converter market will experience a $300.0 million increase in growth until 2030 because of the transition toward electric aircraft.
  • The Aircraft DC DC Converter market is set to add $2.3 billion between 2024 and 2034, with manufacturer targeting Navigation systems & Cabin Systems Application projected to gain a larger market share.
  • With Rising demand for more electric aircraft, and Technological advancements in dc dc converters, Aircraft DC DC Converter market to expand 152% between 2024 and 2034.
aircraft dc dc converter market size with pie charts of major and emerging country share, CAGR, trends for 2025 and 2032

Opportunities in the Aircraft DC DC Converter

The rise in the use of cockpit apps in both commercial and military planes is driving the need for small yet powerful DC DC Converters to power essential features like interactive displays and navigation systems, in modern aircraft cockpits.

Growth Opportunities in North America and Europe

North America Outlook

In North America and specifically in the U. S. the Aircraft DC DC Converter market is strongly established with a leading position. The region benefits from aviation technologies and substantial military funding which contributes to its strong market dynamics. There is competition from regional companies such as AeroVironment Inc., Avionic Instruments LLC and MarathonNorco Aerospace Inc. Opportunities arise from the growth of flights and ongoing modernization programs, for military aircraft.

Europe Outlook

In Europe a considerable portion of the market is influenced by the adoption of cutting edge aviation technology and the dominance of major players like Thales Group and Leonardo S. p. A. The competition in the market is fierce with a shift towards eco friendly aircraft solutions being observed as a trend. There are opportunities for expansion with the efforts, towards eco friendly aviation practices and sustainable fuel alternatives.

Market Dynamics and Supply Chain

01

Driver: Rising Demand for More Electric Aircraft, and Increase in Aircraft Production

The idea of electric aircraft technology is also becoming more popular in the aviation sector. This trend is also increasing demand for DC DC converters. The goal of electric aircraft technology is also to substitute pneumatic and hydraulic systems with electrical systems to enhance fuel efficiency and decrease greenhouse gas emissions. DC DC converters are also components that help regulate power supply and improve energy distribution within these electric systems. They play a part in facilitating the shift, towards more electric aircraft models. Internationally speaking there is also a growing need for airplanes because of the surge in air travel, among passengers the retiring of older aircraft fleets and the growth of budget airlines.
The ongoing advancements in DC DC converter technology are also playing a role in their usage within the aviation industry as they provide enhanced power density and efficiency along with compact sizes and superior performance in high temperature environments. Qualities that match the need for small sized and efficient components in aircraft perfectly; this constant evolution, in technology is also fueling the growth.
02

Restraint: Technological Complexities

The advanced technologies needed for developing and running Aircraft DC DC Converters present a hurdle to overcome. This sector that heavily relies on technology demands an understanding of technical aspects and substantial financial resources which could limit participation to those with these requirements only. These challenges result in production timelines rising expenses and establish a technological obstacle, for newcomers aiming to enter the market. As a consequence this scenario might impede the expansion of the market.
03

Opportunity: Unmanned Aerial Vehicles and Electric And Hybrid Aircrafts

UAV commonly used in industries like defense services and agriculture for tasks such as surveillance and crop monitoring show significant potential for expansion in the market due to their reliance, on DC DC Converters to optimize power efficiency and extend flight durations.
The growing worldwide shift towards eco friendly transportation options has led to an increase, in the popularity of electric and hybrid airplanes. These planes depend on dependable DC DC converters to efficiently convert and control power among various systems.
04

Challenge: Economic Instabilities

The aviation sector depends greatly on the state of the economy; when the economy falters and slows down there is a decrease in both air travel demand and the market, for new aircraft which directly impacts the Aircraft DC DC Converter market. There have been instances where slow economic growth, recession or crises have resulted in delays or cancellations of aircraft orders.

Supply Chain Landscape

1
Raw Material Acquisition

Rio Tinto Group

BHP Group

2
Component Manufacturing

Eaton Corporation

Texas Instruments Incorporated

3
DC DC Converter Assembly

Vicor Corporation

Murata Manufacturing Co. Ltd

4
End User Industries

Commercial Aerospace

Military Aerospace

*The illustration highlights the key stakeholders within the supply chain ecosystem.

Applications of Aircraft DC DC Converter in Lighting Systems, Flight Control Systems & Onboard Communication Equipment

Aircraft Lighting Systems

DC to DC converters for aircraft are commonly employed in aircraft lighting setups for powering LED lights thatre commonplace in contemporary airplanes because of their energy efficiency and durable nature. These converters provide a benefit of consistent power control to ensure that the lights shine at the appropriate intensity despite fluctuations in the aircrafts electrical setup. Leading players, like Vicor and GaN Systems dominate this sector.

Onboard Communication Equipment

A significant use of Aircraft DC DC converters is in powering the onboard communication equipment onboard airplanes. These devices require an steady power supply to maintain continuous communication functions—a need that these converters effectively fulfill by adjusting power levels as needed to meet the equipments electrical specifications and protect it from sudden changes in power levels. Its worth mentioning that Bel Power Solutions and Advanced Motion Controls are known names, in this industry sector.

Aircraft Flight Control Systems

In aircraft flight control systems and power supply plays a role, in ensuring their accurate performance is maintained at all times.

Recent Developments

December 2024

Boeing has introduced an Aircraft DC DC Converter model that boasts high efficiency levels and enhanced load capacities while generating minimal heat. This groundbreaking development has captured the attention of analysts, in the market.

October 2024

Texas Instruments revealed a cutting edge Aircraft DC to DC Converter with an input voltage range and a regulated dual output that has garnered considerable interest, from fellow industry professionals.

August 2024

Victor Corporation made a breakthrough by introducing the initial modular Aircraft DC to DC Converter that greatly enhances flexibility and durability, in aerospace settings.

The Aircraft DC DC Converter market is experiencing transformations as electric and hybrid electric aircraft systems expand their presence and demand efficient energy management solutions to support their operations effectivelyThe key advancement in this industry lies in the growing need, for power management systems that are lightweight yet dependable and efficient to meet the evolving energy needs.

Impact of Industry Transitions on the Aircraft DC DC Converter Market

As a core segment of the Aviation & Aerospace industry, the Aircraft DC DC Converter market develops in line with broader industry shifts. Over recent years, transitions such as Shift Toward More Electric Aircraft and Increasing Demand for UAV and Hybrid Aircraft have redefined priorities across the Aviation & Aerospace sector, influencing how the Aircraft DC DC Converter market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.
01

Shift Toward More Electric Aircraft

The aerospace industrys advancement has spurred a shift towards aircraft in recent times—a change that has greatly influenced the Aircraft DC DC Converter market dynamics. This transition has created a surge in the need for DC DC Converters that can efficiently and reliably handle large amounts of electrical power. Due to this demand spike producers of Aircraft DC DC Converters are strategically prioritizing upgrades to meet the escalating need, for high density power converters. This industry transition is expected to add $300 million in the industry revenue between 2024 and 2030.
02

Increasing Demand for UAV and Hybrid Aircraft

The aerospace industry is seeing a shift as the need, for aerial vehicles (drones) and hybrid aircraft rises. This trend is impacting the Aircraft DC DC Converter market directly.

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