The route taken by most low-power DC/DC converter manufacturers has been to make the circuit as simple and low-cost as possible, for example, by using the traditional ‘Royer’ circuit (Figure 3). The savings achieved then offset the high labor cost of winding simple toroids and hand-soldering wires to a double-sided PCB, with encapsulation or over-molding, to protect the fragile terminations. The circuits and assembly techniques have been refined, over the years, so that a simple unregulated converter might only employ around ten discrete components, and a regulated version uses fifteen.
With transformer manufacture and module assembly in a low-cost location, the product is reasonably efficient, provides isolation, a wide operating temperature range, and quite accurate voltage conversion between fixed levels. An upside of the manual assembly method is that variants of the products, for different input/output voltages and power ratings, are relatively easy to achieve in the manufacturing process with a simple operator instruction to wind more or fewer turns.
There are inevitable downsides to this approach. However, manual assembly produces variation between samples, and it is difficult to provide comprehensive fault protection in simple circuits, and isolation to a safety-certified level is not practical without more complexity, cost, and larger case sizes. A basic Royer converter has no line or load regulation, and the output voltage can significantly rise at very light or no load. Additionally, labor costs only increase over time, while end-customers expect price reductions, and the labor element does not even decrease with production volume. At the same time, there is market pressure to increase functionality and efficiency and reduce the size of power converters to suit modern space-constrained applications.