-9 % change
Extra-EU imports of CN 85044095 were down 9% in 2025 compared with 2023 (€6.85 billion), calculated from Eurostat values.
Eurostat5.16 EUR billion
EU exports of CN 85044095 to countries outside the EU were worth €5.16 billion in 2025.
Eurostat6.19 EUR billion
Trade between EU member states in CN 85044095 (intra-EU arrivals) came to €6.19 billion in 2025.
EurostatSource: Eurostat
Why this market is moving now
- Extra-EU import value moved -9% from 2023 to 2025, a direct read on EU demand for sourced supply.
- Supply is concentrated: one country provided a large share of extra-EU imports in 2025.
- US employment in the core industry shifted +36% since 2020.
What this market covers
Power electronics that step battery voltage up or down to supply low voltage systems in electric and hybrid vehicles. They are bought by vehicle makers and power electronics suppliers.
Typical segments
- High to low voltage converters
- Bidirectional converters
- Onboard charger combinations
- 48 volt converters
Who buys
- Electric vehicle makers
- Tier 1 suppliers
- Power electronics makers
Largest non-EU suppliers to the EU
| Country | Import value |
|---|---|
| China | 3,126.3 EUR million |
| Thailand | 488.8 EUR million |
| United States from 1995 -> 2000) | 355.8 EUR million |
| United Kingdom | 292.1 EUR million |
| Switzerland | 250.9 EUR million |
| India | 221.1 EUR million |
Key figures
Each figure links to the page it came from.
| Figure | Value | Year | Source |
|---|---|---|---|
| The EU imported €6.21 billion of products under CN code 85044095 (Static converters) from outside the EU in 2025. | 6.21 EUR billion | 2025 | Eurostat |
| Extra-EU imports of CN 85044095 were down 9% in 2025 compared with 2023 (€6.85 billion), calculated from Eurostat values. | -9 % change | 2025 | Eurostat |
| EU exports of CN 85044095 to countries outside the EU were worth €5.16 billion in 2025. | 5.16 EUR billion | 2025 | Eurostat |
| Trade between EU member states in CN 85044095 (intra-EU arrivals) came to €6.19 billion in 2025. | 6.19 EUR billion | 2025 | Eurostat |
| China was the largest non-EU supplier of CN 85044095 to the EU in 2025, with €3.13 billion, or 50% of extra-EU imports. | 3.13 EUR billion | 2025 | Eurostat |
| EU exports of CN 85044095 to the United States were €1.06 billion in 2025. | 1.06 EUR billion | 2025 | Eurostat |
| The average value of extra-EU imports of CN 85044095 was €38.03 per kilogram in 2025, calculated from Eurostat value and weight. | 38.03 EUR per kg | 2025 | Eurostat |
| Germany was the largest EU exporter of CN 85044095 to non-EU countries in 2025, at €2.08 billion. | 2.08 EUR billion | 2025 | Eurostat |
| The EU had 11,554 enterprises in NACE class C2790 (Manufacture of other electrical equipment) in 2023. | 11,554 enterprises | 2023 | Eurostat |
| EU enterprises in NACE class C2790 had net turnover of €56.80 billion in 2023. | 56.80 EUR billion | 2023 | Eurostat |
| NACE class C2790 employed 265,475 people across the EU in 2023. | 265,475 persons employed | 2023 | Eurostat |
| The US had 2,362 private establishments in NAICS 335999 (All other miscellaneous electrical equipment and component manufacturing) in 2025. | 2,362 establishments | 2025 | U.S. Bureau of Labor Statistics |
| NAICS 335999 employed an average of 39,390 people in US private industry in 2025. | 39,390 jobs | 2025 | U.S. Bureau of Labor Statistics |
| US employment in NAICS 335999 changed by +36% between 2020 (29,053 jobs) and 2025, calculated from BLS figures. | +36 % change | 2025 | U.S. Bureau of Labor Statistics |
| Average annual pay in US NAICS 335999 was $104,757 in 2025. | 104,757 USD per year | 2025 | U.S. Bureau of Labor Statistics |
What the full report covers
- 1
Executive summary
The answer on two pages: size, growth and what drives it.
- 2
Market size and outlook
History, the current year and a five-year view with base, low and high cases.
- 3
Segments and regions
Splits by product, buyer and geography across the US, Europe and MEA.
- 4
Company profiles
The main players, how they compete and where they are investing.
- 5
Data and method
Every figure in Excel, with the sources and assumptions behind it.
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the European Union market - 03Market size, 2021 to 2025
Historical series and growth rates - 04Outlook to 2031
Base, low and high scenarios with stated assumptions - 05Rules, policy and deadlines
Regulation and programmes that change demand - 06Drivers and barriers
What accelerates or slows adoption, by customer segment - 07Prices, costs and margins
Unit economics where public data allows - 08Competitive landscape
8 to 12 company profiles with recent moves - 09Opportunities and risks
For new entrants, suppliers and investors - 10Method and sources
Every assumption and source, listed
Included with the full report
- PDF report, 40 to 60 pages
- Excel data pack
- Ready-to-use charts
- Method note and assumptions
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Frequently asked questions
How big is the EU automotive DC DC converter market?
There is no single official market total. Eurostat trade data shows the EU imported €6.21 billion of goods under CN 85044095 from outside the EU in 2025 and exported €5.16 billion.
Where does the EU import automotive DC DC converter from?
China was the largest non-EU supplier in 2025. The next largest were Thailand, United States from 1995 -> 2000), United Kingdom.
What is the average import price of automotive DC DC converter in the EU?
Dividing Eurostat import value by weight gives about €38.03 per kilogram for CN 85044095 in 2025.
Which EU countries export the most automotive DC DC converter?
Germany led EU exports to non-EU countries in 2025, followed by Netherlands, Spain.
How many US companies are in the automotive DC DC converter industry?
BLS counts 2,362 private establishments in NAICS 335999 (All other miscellaneous electrical equipment and component manufacturing), the closest official industry.
How many EU companies are in the automotive DC DC converter industry?
Eurostat counts 11,554 enterprises in NACE class C2790 (Manufacture of other electrical equipment).
Sources and method
The figures on this page come from the public sources listed below. Read how we work.
- Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)
DS-045409, reporter EU27_2020, product 85044095, partner EXT_EU27_2020, flow import, 2025, VALUE_IN_EUROS 6209499014
- Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)
DS-045409, reporter EU27_2020, product 85044095, flow import, 2023 VALUE_IN_EUROS 6853146472; 2025 VALUE_IN_EUROS 6209499014
- Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)
DS-045409, reporter EU27_2020, product 85044095, partner EXT_EU27_2020, flow export, 2025, VALUE_IN_EUROS 5158718880
- Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)
DS-045409, reporter EU27_2020, product 85044095, partner INT_EU27_2020, flow import, 2025, VALUE_IN_EUROS 6186815358
- Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)
DS-045409, reporter EU27_2020, product 85044095, partner CN, flow import, 2025, VALUE_IN_EUROS 3126336543
- Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)
DS-045409, reporter EU27_2020, product 85044095, partner US, flow export, 2025, VALUE_IN_EUROS 1061884317
- Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)
DS-045409, reporter EU27_2020, product 85044095, flow import, 2025, VALUE_IN_EUROS 6209499014, QUANTITY_IN_100KG 1632930
- Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)
DS-045409, reporter DE, product 85044095, partner EXT_EU27_2020, flow export, 2025, VALUE_IN_EUROS 2076540944
- Eurostat: Enterprises by detailed NACE Rev. 2 activity and special aggregates (sbs_ovw_act) (2026-11-04)
sbs_ovw_act, geo EU27_2020, nace_r2 C2790, indic_sbs ENT_NR, 2023, 11554
- Eurostat: Enterprises by detailed NACE Rev. 2 activity and special aggregates (sbs_ovw_act) (2026-11-04)
sbs_ovw_act, geo EU27_2020, nace_r2 C2790, indic_sbs NETTUR_MEUR, 2023, 56800
- Eurostat: Enterprises by detailed NACE Rev. 2 activity and special aggregates (sbs_ovw_act) (2026-11-04)
sbs_ovw_act, geo EU27_2020, nace_r2 C2790, indic_sbs EMP_NR, 2023, 265475
- U.S. Bureau of Labor Statistics: QCEW annual averages, NAICS 335999, 2025 (2026-11-04)
QCEW 2025 annual, US000, private, NAICS 335999, annual_avg_estabs 2362
- U.S. Bureau of Labor Statistics: QCEW annual averages, NAICS 335999, 2025 (2026-11-04)
QCEW 2025 annual, US000, private, NAICS 335999, annual_avg_emplvl 39390
- U.S. Bureau of Labor Statistics: QCEW annual averages, NAICS 335999, 2025 (2026-11-04)
QCEW 2020 annual_avg_emplvl 29053; 2025 annual_avg_emplvl 39390
- U.S. Bureau of Labor Statistics: QCEW annual averages, NAICS 335999, 2025 (2026-11-04)
QCEW 2025 annual, US000, private, NAICS 335999, avg_annual_pay 104757
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