Military DC DC Converters

Military DC DC Converters Market Outlook

The global Military DC DC Converters market is projected to reach approximately USD 2.5 billion by 2035, growing at a CAGR of around 6.5% from 2025 to 2035. The substantial growth of this market can be attributed to the increasing demand for compact and energy-efficient power management solutions in military applications, where reliability and performance are critical. Moreover, advancements in technology and the rising focus on modernizing defense infrastructure are propelling the demand for sophisticated power conversion systems. As militaries around the world look to enhance their operational capabilities, the need for efficient power conversion to support a variety of electronic systems in military aerospace, defense, and naval applications is becoming increasingly essential. Additionally, the growing trend towards electrification in military vehicles further bolsters the market, as there is a need for reliable DC-DC converters to ensure uninterrupted power supply in the most demanding environments.

Growth Factor of the Market

The Military DC DC Converters market is experiencing significant growth due to various factors that are shaping its landscape. One of the primary catalysts is the escalating defense budgets of countries around the world, which are being allocated to enhance military capabilities and modernize equipment. This modernization encompasses not only traditional platforms but also advanced electronic warfare systems, UAVs (unmanned aerial vehicles), and smart weapons, all of which require efficient power conversion solutions. Furthermore, the rapid adoption of advanced technologies such as artificial intelligence and the Internet of Things in military applications is driving the demand for reliable power supply systems. Additionally, the shift towards greener technologies in military operations is compelling defense forces to invest in energy-efficient DC-DC converters that minimize energy waste. Another contributing factor is the increasing complexity of military electronic systems, which necessitates the use of specialized power management solutions to ensure operational reliability. With these dynamics at play, the Military DC DC Converters market is poised for robust growth in the coming years.

Key Highlights of the Market

• The market is expected to expand significantly, driven by increased defense expenditure across various nations.
• Technological advancements in converter efficiency and miniaturization are enhancing product offerings.
• Demand for electric and hybrid military vehicles is promoting the growth of advanced power conversion systems.
• Regional investments in military infrastructure modernization are leading to heightened market opportunities.
• Collaboration between defense contractors and technology providers is fostering innovation in the sector.

By Product Type

Isolated:

Isolated DC-DC converters are a vital segment in the Military DC DC Converters market due to their ability to provide electrical isolation between input and output, ensuring safety and reducing the risk of electrical shock. They are particularly essential in applications where sensitive electronic devices are involved, as they can prevent harmful voltage spikes from affecting equipment. The growing complexity of military systems, which often require multiple voltage levels for diverse components, is driving the adoption of isolated types. This market segment benefits from innovations that enhance efficiency, thermal performance, and size reduction, making them increasingly suitable for space-constrained military applications. Isolated converters also promote enhanced reliability and durability, essential in harsh military environments, which further cements their role in the modernization of military power systems.

Non-Isolated:

Non-isolated DC-DC converters are favored for their compact design and high efficiency, making them a popular choice for various military applications. These converters are typically simpler and less costly compared to their isolated counterparts, making them suitable for less critical applications where electrical isolation is not a primary concern. Their ability to convert voltage levels efficiently allows military systems to deploy more power-hungry devices without the need for additional infrastructure. As military operations increasingly incorporate advanced electronic systems, the demand for non-isolated converters is expected to rise, fueled by the need for lightweight and efficient solutions. This segment is also witnessing advancements in technology, with manufacturers focusing on improving the efficiency and operational longevity of non-isolated converters within military environments.

Bidirectional:

Bidirectional DC-DC converters are becoming increasingly important in the Military DC DC Converters market due to their capability to allow current to flow in both directions. This attribute supports applications such as energy storage systems and regenerative braking in military vehicles, enhancing overall energy efficiency. The ability to connect with battery systems and manage energy flow in both directions allows for greater flexibility in power management, providing military operations with improved energy utilization. As militaries look to maximize the efficiency of their energy resources amidst increasing electrification, the adoption of bidirectional converters is likely to see significant growth. Furthermore, with the integration of advanced control systems, these converters are becoming more sophisticated, offering enhanced functionalities that meet the rigorous demands of military applications.

Unidirectional:

Unidirectional DC-DC converters play a crucial role in military applications that require power transfer in a single direction, typically from a power source to a load. These converters are widely used in various systems, including communication devices, radar systems, and weapon systems, where reliable and stable power supply is paramount. The simplicity and reliability of unidirectional converters make them an attractive option for many military applications, as they effectively minimize the potential for circuit faults and complexities associated with bidirectional systems. The continuous advancement in semiconductor technology is further enhancing the performance and compactness of unidirectional converters, making them suitable for increasingly sophisticated military operations. As the urgency for operational reliability persists in defense applications, the unidirectional segment is expected to maintain a steady growth trajectory.

High Voltage:

High Voltage DC-DC converters are critical components within military systems that operate under harsh conditions and require high efficiency and reliability. These converters are specially designed to manage high voltage inputs while delivering a stable and regulated output necessary for advanced military applications such as missile guidance systems and high-energy weapons. The increasing incorporation of advanced technologies and high-power electronics in defense systems is driving the demand for high voltage converters that can efficiently convert and manage power. Innovations in materials and design are enhancing the operational capabilities of these converters, allowing them to withstand extreme environmental conditions while maintaining performance. As the military continues to adapt to evolving technological landscapes, the high voltage segment is expected to grow significantly, reflecting the rising complexity and power requirements of modern defense systems.

By Application

Military Aerospace:

The application of DC-DC converters in military aerospace is vital, given the stringent power management requirements of modern aircraft and unmanned aerial vehicles (UAVs). The unique demands of military aerospace applications necessitate reliable power conversion solutions that can operate under extreme conditions, including high altitudes and varying temperature ranges. DC-DC converters support critical systems such as avionics, navigation, and communication equipment, ensuring that these systems receive stable and efficient power. As militaries increasingly invest in next-generation military aircraft, the demand for advanced DC-DC converters tailored to aerospace specifications is expected to rise, driven by the need for improved efficiency, weight reduction, and thermal management. The growing trend of electrification in aerospace platforms will further propel the market for DC-DC converters in this segment.

Defense:

DC-DC converters play an indispensable role in defense applications, where they are utilized in various systems ranging from communication devices to weapon systems. The ability to convert and regulate power efficiently is essential in military operations, especially in the field, where equipment must be lightweight and durable. As defense forces modernize their equipment and embrace advanced technologies, the demand for specialized DC-DC converters, which can deliver reliable power under challenging conditions, is on the rise. This segment is witnessing significant advancements, with manufacturers focusing on developing robust converters that can withstand environmental stresses while maintaining operational efficiency. Additionally, the integration of smart technologies within defense applications is further driving the adoption of sophisticated DC-DC converters, making this segment a critical contributor to overall market growth.

Naval:

In naval applications, DC-DC converters are essential for managing power across various onboard systems, including weaponry, propulsion, and communication systems. The unique operational environment of naval vessels, which involves exposure to harsh marine conditions, necessitates the deployment of robust and reliable DC-DC converters capable of handling high power demands. These converters must ensure stable power supply to critical systems, thereby enhancing the overall operational efficiency of naval assets. As navies around the world modernize their fleets and integrate advanced technologies such as electric propulsion and hybrid systems, the need for advanced DC-DC converters is set to increase. Additionally, as naval operations become more complex, the demand for converters that can support multifunctional systems will drive growth in the naval application segment of the market.

Ground:

Ground applications of DC-DC converters encompass a wide range of military vehicles, including armored personnel carriers, tanks, and other ground combat systems. The requirement for reliable and efficient power management solutions in these applications is critical, as military ground vehicles are often equipped with sophisticated electronics for navigation, communication, and weapon systems. DC-DC converters enable these vehicles to operate efficiently by converting power from various sources to meet the specific voltage needs of different systems. The ongoing trend towards electrification and hybridization of military ground vehicles further amplifies the need for advanced DC-DC converters. This segment is experiencing robust growth driven by the modernization of ground forces and the integration of new technologies aimed at enhancing combat capabilities while reducing logistical burdens.

By Distribution Channel

Direct Sales:

Direct sales are a prominent distribution channel in the Military DC DC Converters market, allowing manufacturers to engage directly with defense contractors and military organizations. This channel enables better communication and understanding of customer needs, facilitating the provision of tailored solutions that meet specific operational requirements. Direct sales also allow manufacturers to establish strong relationships with their clients, fostering trust and long-term partnerships that are crucial in the defense sector. In addition, companies can offer more competitive pricing when selling directly, bypassing intermediaries and ensuring that clients receive the best value for their investments. As more defense organizations seek custom solutions, the direct sales channel is expected to grow, reinforcing the importance of responsive customer service and product adaptability.

Distributor:

The distributor channel plays an essential role in the Military DC DC Converters market by providing manufacturers access to a broader network of potential customers. Distributors typically have established relationships with various military entities, allowing manufacturers to penetrate these markets more effectively. Additionally, distributors often provide value-added services such as warehousing, logistics, and technical support, which are invaluable to military clients seeking efficient procurement processes. The distributor channel benefits manufacturers by reducing their operational burden and enabling them to focus on research and development for innovative products. As the defense market continues to expand, the role of distributors in facilitating access to advanced technology will likely become even more significant, driving growth in this segment of the Military DC DC Converters market.

By Input Voltage

24V:

24V DC-DC converters are widely utilized in military applications due to their optimal balance between power efficiency and versatility. This voltage level is common in various military platforms, including ground vehicles and portable equipment, where reliable power supply is crucial. The demand for 24V converters is further driven by the increasing use of automation and electronic systems in military operations, necessitating stable voltage levels to ensure proper functioning. Innovations in converter technology are improving the efficiency and durability of 24V systems, making them suitable for deployment in harsh conditions. As military operations continue to evolve, the use of 24V DC-DC converters is expected to remain prevalent, supporting a range of applications that require consistent and reliable power.

28V:

28V DC-DC converters are specifically designed to meet the rigorous demands of military aerospace and defense applications. This input voltage is a standard requirement in many military aircraft and systems, providing a reliable power source for avionics and communication equipment. The growing emphasis on energy efficiency and weight reduction in military platforms is driving the demand for advanced 28V converters that can deliver high performance while minimizing space requirements. As the military sector increasingly adopts advanced technologies, the 28V segment is expected to grow, fueled by a need for enhanced power management solutions that ensure the operational reliability of critical systems. The trend towards electrification in aircraft further supports the need for efficient 28V DC-DC converters in modern defense applications.

48V:

48V DC-DC converters are gaining traction in the military sector, particularly as electric and hybrid technologies become more prevalent in defense applications. This voltage level is well-suited for high-power applications, including electric propulsion and advanced weapon systems, where efficient power conversion is essential. The increasing complexity of military systems that require higher power levels is driving demand for 48V converters, as they can deliver improved efficiency and performance. As militaries worldwide seek to modernize their fleets and embrace electrification, the 48V segment is expected to see substantial growth. Moreover, advancements in converter technology are enhancing the operational capabilities of 48V systems, making them increasingly attractive for military applications.

72V:

72V DC-DC converters are utilized in specialized military applications that demand high performance and efficiency, such as advanced ground vehicles and high-energy weapon systems. This input voltage is essential for powering systems that require substantial energy output while maintaining operational reliability. The demand for 72V converters is being driven by the need for more sophisticated and capable military platforms that can operate efficiently under various conditions. As militaries continue to advance their technological capabilities, the requirements for high voltage DC-DC converters are expected to increase, supporting innovative applications that enhance combat readiness. Furthermore, ongoing research and development in power electronics are likely to lead to significant improvements in the efficiency and reliability of 72V systems in the defense sector.

Others:

The "Others" category for input voltage includes a variety of DC-DC converters designed to accommodate unique military requirements that fall outside the standard voltage levels. These custom solutions are necessary for applications that require specific voltage outputs for specialized military systems. The customization of input voltage allows manufacturers to cater to niche markets and unique operational needs within the defense sector. As military technology continues to evolve, the demand for tailored solutions that provide reliable power for specialized applications is expected to increase. Innovations in power electronics will also drive growth in this segment, as manufacturers develop new technologies that can meet the diverse and specific needs of military clients.

By Region

The North American region holds a significant share of the Military DC DC Converters market, owing to the presence of major defense contractors and a high level of investment in military technology. The United States, in particular, is a leading consumer of military DC-DC converters, and the ongoing modernization programs across various branches of the armed forces are expected to fuel market growth. The North American Military DC DC Converters market is projected to grow at a CAGR of 6.8% during the forecast period, driven by innovations in power management solutions and increasing demand for advanced military aircraft and ground vehicles. Additionally, the growing focus on electric and hybrid military systems is further propelling the adoption of DC-DC converters in this region.

In Europe, the Military DC DC Converters market is also expanding, driven by increased defense spending and a focus on upgrading military capabilities. Countries such as the United Kingdom, Germany, and France are investing heavily in defense infrastructure, leading to greater demand for efficient power management solutions. The European market is expected to experience a steady growth rate of around 5.5% during the forecast period, as military organizations seek to enhance their operational readiness and integrate advanced technologies into their systems. Additionally, collaborative efforts between defense manufacturers and technology providers in Europe are fostering innovation in the DC-DC converter sector, further driving market expansion.

Opportunities

The Military DC DC Converters market presents numerous opportunities for growth, particularly as militaries worldwide modernize their fleets and embrace advanced technologies. One of the primary opportunities lies in the increasing demand for electric and hybrid military vehicles, which require efficient DC-DC converters to manage power effectively. As defense forces continue to invest in electrification to enhance operational capabilities and reduce logistical burdens, manufacturers of DC-DC converters have the chance to develop specialized solutions tailored to these emerging needs. Moreover, the integration of renewable energy sources into military operations also opens doors for innovative converter designs that can efficiently manage power from solar panels or other renewable systems, ultimately enhancing energy sustainability in military applications.

In addition to the electrification trend, the ongoing advancements in power electronics technology present further opportunities for growth in the Military DC DC Converters market. Manufacturers can leverage emerging technologies such as wide bandgap semiconductors, which offer improved efficiency, thermal performance, and compactness compared to traditional materials. By adopting these innovations, companies can create more sophisticated and reliable DC-DC converters that meet the evolving needs of military applications. Furthermore, the increasing focus on energy efficiency and minimizing the environmental impact of military operations is driving demand for converters that reduce energy waste and improve overall system performance. By aligning product development with these market drivers, manufacturers can capitalize on the growing opportunities in the Military DC DC Converters market.

Threats

Despite the promising growth prospects for the Military DC DC Converters market, there are several threats that could impact its trajectory. One significant threat is the potential for fluctuating defense budgets across various countries, which can directly affect investments in new military technologies and systems. If governments face economic challenges or prioritize other areas of spending, funding for defense projects may be curtailed, leading to reduced demand for DC-DC converters. Additionally, increasing competition in the defense sector may result in price wars that could negatively impact profit margins for manufacturers. As new players enter the market, established companies may need to adapt their strategies to maintain their competitive edge, which could lead to short-term disruptions and challenges.

Another threat comes from the rapid pace of technological advancements, which can render existing products obsolete if manufacturers do not keep up with innovation. The continual evolution of military systems and the integration of new technologies mean that DC-DC converters must also adapt to meet changing specifications and requirements. Failure to innovate may result in losing market share to competitors that offer more advanced and efficient solutions. Furthermore, geopolitical tensions and international conflicts may also influence market dynamics, potentially affecting global supply chains for components and materials essential to the production of DC-DC converters. As manufacturers navigate this complex landscape, they must remain vigilant and responsive to these threats to sustain growth.

Competitor Outlook

• Texas Instruments
• Analog Devices, Inc.
• Microchip Technology Inc.
• Vicor Corporation
• Bel Fuse Inc.
• RECOM Power
• Murata Manufacturing Co., Ltd.
• Maxim Integrated
• TDK-Lambda Corporation
• Infineon Technologies AG
• STMicroelectronics
• Emerson Network Power
• Sierra Instruments
• Power Integrations, Inc.
• ON Semiconductor

The competitive landscape of the Military DC DC Converters market is characterized by a diverse array of established players and new entrants, all vying for market share in this rapidly evolving sector. Major companies are investing heavily in research and development to innovate and enhance their product offerings, focusing on improving efficiency and reliability in harsh military environments. Collaborations and partnerships among industry leaders are common, as they aim to leverage complementary strengths and accelerate the development of next-generation power solutions. The market dynamics are also shaped by the increasing emphasis on sustainability and energy efficiency, prompting companies to create converters that meet both performance and environmental standards.

Among the key players, Texas Instruments stands out for its extensive portfolio of military-grade DC-DC converters that meet stringent performance requirements. The company emphasizes innovation and quality, with a strong focus on providing high-efficiency solutions tailored to military applications. Analog Devices, Inc. is another prominent competitor, known for its advanced power management technologies that cater to the unique demands of military aerospace and defense systems. Their commitment to research and development ensures that they remain at the forefront of technological advancements in the market.

Vicor Corporation is recognized for its modular power systems that offer flexibility and scalability for various military applications. The company’s innovative approach to power management solutions has positioned it as a leader in the DC-DC converter market. Murata Manufacturing Co., Ltd. also plays a significant role, providing a wide range of reliable and efficient converters designed specifically for military applications. Their focus on quality assurance and compliance with military standards has earned them a strong reputation in the defense sector.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 RECOM Power
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Bel Fuse Inc.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Maxim Integrated
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 ON Semiconductor
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Texas Instruments
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Vicor Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 STMicroelectronics
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Sierra Instruments
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Analog Devices, Inc.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Emerson Network Power
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 TDK-Lambda Corporation
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Infineon Technologies AG
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Power Integrations, Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Microchip Technology Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Murata Manufacturing Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Military DC DC Converters Market, By Application
    • 6.1.1 Military Aerospace
    • 6.1.2 Defense
    • 6.1.3 Naval
    • 6.1.4 Ground
  • 6.2 Military DC DC Converters Market, By Product Type
    • 6.2.1 Isolated
    • 6.2.2 Non-Isolated
    • 6.2.3 Bidirectional
    • 6.2.4 Unidirectional
    • 6.2.5 High Voltage
  • 6.3 Military DC DC Converters Market, By Input Voltage
    • 6.3.1 24V
    • 6.3.2 28V
    • 6.3.3 48V
    • 6.3.4 72V
    • 6.3.5 Others
  • 6.4 Military DC DC Converters Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributor

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Military DC DC Converters Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Military DC DC Converters market is categorized based on

By Product Type

• Isolated
• Non-Isolated
• Bidirectional
• Unidirectional
• High Voltage

By Application

• Military Aerospace
• Defense
• Naval
• Ground

By Distribution Channel

• Direct Sales
• Distributor

By Input Voltage

• 24V
• 28V
• 48V
• 72V
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Texas Instruments
• Analog Devices, Inc.
• Microchip Technology Inc.
• Vicor Corporation
• Bel Fuse Inc.
• RECOM Power
• Murata Manufacturing Co., Ltd.
• Maxim Integrated
• TDK-Lambda Corporation
• Infineon Technologies AG
• STMicroelectronics
• Emerson Network Power
• Sierra Instruments
• Power Integrations, Inc.
• ON Semiconductor