Fuel Cell DC-DC Converter Market, Global Outlook and Forecast 2023-2032

Fuel Cell DC-DC Converter Market, Global Outlook and Forecast 2023-2032

Published On : October 2023

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Report Studies • The global Fuel Cell DC-DC Converter market was valued at US$ 99.8 million in 2022 and is projected to reach US$ 303.6 million by 2029, at a CAGR of 17.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

• As a key component of the hydrogen fuel cell engine system, DC/DC converter is used to boost the low-voltage DC output from the fuel cell into high-voltage DC output, providing electric energy to the EV and charging power battery at the same time. Through the accuracy control of the hydrogen fuel cell engine output power, DC/DC converter can fulfill the power distribution and optimal control among the vehicle power systems.

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