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DC-DC Converter Market Worth USD 268.2 Million by 2020 - Rise in Number of Satellite Constellations Worldwide - Research and MarketsResearch and Markets has announced the addition of the "DC-DC Converter Market for Space by Application, Output Voltage, Output Power and Geography - Global Forecast to 2020" report to their offering. The DC-DC converters market for space is expected to grow from USD 213.2 million in 2015 to USD 268.2 million by 2020, at a CAGR of 4.70% during the forecast period. Factors influencing the growth of this market include rise in the number of satellite constellations worldwide. This factor is also compelling the space organizations to invest in power efficient devices. The communication application segment market is projected to hold the highest share in terms of value by 2020. This is due to the rise in the launch of communication satellites worldwide, which will drive the demand for space DC-DC converters globally. The paid TV market in th Asia-Pacific is growing at a faster rate. Factors driving the growth of this market include exponential growth in the use of paid TV channels in this region, thereby increasing the demand for effective and technologically-advanced satellite launch with power efficient devices. On the other hand, recent changes in the U.S. export administration regulations in the space industry will boost the DC-DC converters market for spaces internationally, which will positively impact the overall demand of DC-DC converters for space in this region Companies Mentioned:
Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Space DC-DC Converters Market, By Application 8 Space DC-DC Converters Market, By Output Voltage 9 Space DC-DC Converters Market, By Output Power 10 Geographic Analysis 11 Competitive Landscape 12 Company Profile For more information visit http://www.researchandmarkets.com/research/gc764h/dcdc_converter View source version on businesswire.com: http://www.businesswire.com/news/home/20160527005328/en/ |
