Solid State (Smart) Transformer Market Size Study, by Product, by Component (Converters, High-Frequency Transformers, and Switches), by Application, by End-use, - Global opportunity Analysis and Industry Forecast 2019-2025


Global Solid State (Smart) Transformer Industry industry valued approximately USD 100.78 million in 2016 is anticipated to grow with a healthy growth rate of more than 25.12% over the forecast period 2019-2025. The shift from conventional transformers and increasing inclination for usage of solid state transformer or ‘super transformer’ is speculated to fuel the growth of the industry. The increasing advancements in smart-grids solutions are also expected to promote the growth positively.

The objective of the study is to define Industry sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the Industry. Additionally, it will also incorporate the opportunities available in micro Industrys for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players.

Solid State (Smart) Transformer Industry Share and Size by 2019-2025
Retail & Consumer
Solid State (Smart) Transformer Market Segmentation:
By Product:
* Distribution Solid State Transformer
* Power Solid State Transformer
* Traction Solid State Transformer

By Component:
* Converters
* High-Frequency Transformer
* Switches

By Application:
* Alternate Power Generation
* Electric Vehicle Charging Stations
* Power Distribution
* Traction Locomotives

By End-Use:
* Energy
* Transportation

By Region
* North America
- Canada
* Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
- China
- India
- Japan
- Rest of Asia-Pacific
* RoW
- Latin America
- Middle East & Africa

Major Market Players in Solid State (Smart) Transformer Market are as follows:
Cooper Power Systems
ABB Ltd.
Siemens AG
Schneider Electric SE
Amantys Ltd.
Mitsubishi Electric Corporation
Varentec Inc.

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