According to Cognitive Market Research, The Global Aerospace Power Converters market will be USD XX billion in 2023 and grow at a compound annual growth rate (CAGR) of 10.80% from 2023 to 2030.
The demand for aerospace power converters is rising due to the increasing focus on lightweight components.
Demand for AC/DC power converters remains higher in the Aerospace Power Converters market.
The buck converter category held the highest Aerospace Power Converters market revenue share in 2023.
North America will continue to lead, whereas the European Aerospace Power Converters market will experience the most substantial growth until 2030.
