Renewable Energy Sources (RES) showed enormous growth in the last few years. In comparison with the other RES, solar power has become the most feasible source because of its unique properties such as clean, noiseless, eco-friendly nature, etc. During the extraction of electric power, the DC–DC converters were given the prominent interest because of their extensive use in various applications. Photovoltaic (PV) systems generally suffer from less energy conversion efficiency along with improper stability and intermittent properties. Hence, there is a necessity of the Maximum power point tracking (MPPT) algorithm to ensure the maximum power available that can be harnessed from the solar PV. In this paper, the most important features of the DC/DC converters along with the MPPT techniques are reviewed and analyzed. A detailed comprehensive analysis is made on different converter topologies of both non-isolated and isolated DC/DC converters. Then, the modulation strategies, comparative performance evaluation are addressed systematically. At the end, recent advances and future trends are described briefly and considered for the next-generation converter’s design and applications. This review work will provide a useful structure and reference point on the DC/DC converters for researchers and designers working in the field of solar PV applications.