The Solid State transformer Market size is expected to grow at an annual average of 14% during 2021-2027. Solid State Transformer (SST), also known as “smart transformer”, is a fusion of high-power semiconductor components, control circuits and conventional high-frequency transformers. Smart transformers are used to provide additional flexibility for controlling your power distribution network, so you can seamlessly convert AC to DC and DC to AC depending on your requirements.
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A full report of Solid State transformer Market is available at: https://www.orionmarketreports.com/solid-state-transformer-market/26460/
The following segmentation are covered in this report:
By Product
- Power Solid State Transformers
- Distribution Solid State Transformers
- Traction Solid State Transformers
By Application
- Electric Vehicle Charging Stations
- Traction Locomotives
- Power Grid
- Alternative Power Generation
Company Profile
- ABB Ltd.
- Alstom SA
- Amantys Limited
- Eaton Corporation Plc
- General Electric Co.
- GridBridge
- Mitsubishi Electric Corporation
- Schneider Electric SE
- Siemens AG
- Varentec, Inc.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Solid State transformer Market
- The market share of the global Solid State transformer Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Solid State transformer Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Solid State transformer Market
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)