Electric Vehicle DC-DC Converter Market to Grow at a CAGR of 29% in the Upcoming Period 2019-2022
Global Electric Vehicle DC-DC Converter Market is expected to grow at a significant CAGR of 29% in the upcoming period as the scope and its applications are rising enormously across the globe. Electric vehicle DC-DC converter is the power converters that converts a source of direct current (DC) from one voltage level to another by storing the input energy temporarily and then releasing that energy at a different voltage. The storage may be electric field storage components like capacitors or magnetic field storage components like transformers and inductors.
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