Recently, the DC/DC module power supply industry has shown a vigorous development trend, and has made significant progress in technological innovation, application field expansion, and market demand growth.
In terms of technological innovation, many companies and scientific research institutions continue to increase investment in research and development, striving to improve the performance and efficiency of DC/DC module power supplies. For example, Hangzhou Hongtu Intelligent Energy Technology Co., Ltd. obtained the patent 4 for “a DC/DC distributed structure for battery swapping and energy storage equipment,” which provides a new solution for power supply applications in the field of battery swapping and energy storage. This structure makes the position and connection relationship of the wire harness more stable through the reasonable layout of the DC/DC module and the optimized design of the wire harness connection hole, reducing the looseness of the wire harness during transportation and vibration, and improving the reliability of the power system4.
At the same time, with the rapid development of new energy vehicles, 5G communications, artificial intelligence and other emerging industries, the application fields of DC/DC module power supplies continue to expand. In the field of new energy vehicles, DC/DC module power supply is a key component of electric vehicles. It is responsible for converting the high-voltage DC power of the power battery into low-voltage DC power to provide stable power supply for electronic equipment in the car such as instrument panels, audio, navigation, etc. 6 . Industry experts predict that with the continued growth of the new energy vehicle market in the future, the demand for DC/DC module power supplies will experience explosive growth.
In the field of 5G communications, the construction of a large number of base stations and the operation of communication equipment have put forward higher requirements for the stability and efficiency of power supplies. DC/DC module power supply has become the best power solution for 5G communication equipment due to its high efficiency and reliability. For example, Jiehuat (688141.SH)'s power modules, DC-DC and other products can be used in communication equipment such as optical modules and switches, providing strong support for the development of 5G communications2.
In terms of market size, according to relevant market research reports, the global DC/DC power supply market size will reach 6.387 billion yuan (RMB) in 20233. With the increasing demand for DC/DC module power supplies in various industries, it is expected that the global DC/DC power supply market will reach 8.212 billion yuan by 2029. During the forecast period, the annual compound growth rate of the global DC/DC power supply market is estimated to be 3.50%3.
However, the DC/DC module power supply industry also faces some challenges. For example, the technical complexity is high, requiring enterprises to have strong R&D capabilities and technology accumulation; international trade and supply chain issues may affect the supply of raw materials and the export of products; safety and reliability requirements are constantly increasing, requiring enterprises to strengthen quality control and product Test 6.
Facing opportunities and challenges, companies in the DC/DC module power supply industry have increased investment in technology research and development, strengthened cooperation with upstream and downstream companies, and continuously improved the quality and performance of their products. At the same time, the government has also issued a series of policies to support the development of the DC/DC module power supply industry, such as the "Guiding Opinions on Promoting the Development of the Energy Electronics Industry", etc., which provide a good policy environment for the development of the industry6.
In short, the DC/DC module power supply industry is in a stage of rapid development, and technological innovation and application field expansion continue to promote the progress of the industry. In the future, as the demand for efficient and reliable power supplies in various industries continues to increase, the DC/DC module power supply industry is expected to usher in a broader development space.