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Solid State Transformer Market Insights, 2021-2031
The global solid state transformer market is expected to reach US$1.48 billion, expanding at a CAGR of 18.4% during the forecast period (2021-2031). A solid-state transformer (SST), often called a smart transformer, is a modern type of transformer that includes a variety of control circuits, semiconductor components, and another high-frequency transformer. It serves a wide range of applications, including renewable energy generation, electric vehicle charging stations, and power grids.
Factors such as the rising integration of renewable energy sources in the power generation mix and increased investment in smart grid technologies are projected to boost the solid state transformer market. The solid state transformer market is also likely to be driven by the technological benefits of solid state transformers over traditional transformers.
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The increasing demand for electric vehicle charging infrastructure has a significant impact on the solid state transformer market valuation. Electric vehicles are becoming more popular throughout the world. Governments from many nations are putting tremendous effort into developing them since they are seen as efficient solutions to environmental problems. Automotive companies are constantly investing in the R&D of electric vehicles. Such aspects are driving the development of the solid state transformer market. Moreover, increasing investments in the automotive sector are expected to have an influence on the overall expansion of the solid state transformer market.
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Solid state transformers are extensively used for power generation from wind, solar, and tidal energy. The majority of developed economies are placing emphasis on these effective energy-generating options, which is boosting the solid-state transformer market. Solid state transformers are widely utilized in wind farms since they can function as step-up transformers and STATCOMs. In recent years, such factors have had an influence on the expansion of the solid state transformers market.
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The COVID-19 pandemic has disrupted nearly every industry in a short period of time, hampering all industrial and commercial activity worldwide. The pandemic resulted in global lockdowns, resulting in massive losses in production and sales in industries such as automotive, aviation, consumer electronics, pharmaceuticals, and oil and gas. The COVID-19 has had a significant influence on the solid state transformer market. Several manufacturers experienced five-week or longer shipment delays from China and other nations.
The impact of COVID-19 varies depending on the type of the business, product range, firm size, and reliance on a supply chain. However, numerous governments throughout the world are assisting firms in recouping their losses, which can alleviate much of the stress that firms may experience during a pandemic. As the pandemic nears its end in various places, companies are expected to ramp up output with better planning, driving up energy demand. This is anticipated to open up new prospects for the global solid state transformer market in the near future.
A smart grid is an electrical network or grid that allows for the two-way flow of electricity and data. The notion of a smart grid has evolved over the previous two decades and has become a crucial component of the digital revolution of the electricity sector. Solid-state transformers are chosen over traditional transformers in smart grids due to their modular construction, ability to support bi-directional power transmission, and deployment in both AC and DC grids. Three-stage solid state transformers are commonly used in smart grid applications, which is contributing to the solid state transformer market growth. They provide a bidirectional power flow to transfer electricity from low voltage to high voltage.
Governments throughout the world, particularly those in developing nations, are investing heavily in power transmission and distribution systems in order to optimize power grids. Key companies in the solid state transformer market are focusing on research and development to meet the demands of a variety of sectors, including renewable energy.
Key players active in the global solid state transformer market are ABB, Eaton Corporation plc., General Electric, Synergy Transformers, SPX Transformers Solutions Inc., Kirloskar Electric Company, Schneider Electric SE, Siemens AG, ERMCO, Alstom SA.
Solid State Transformer Market – Segmentation
TMR’s study on the global solid state transformer market segments the market based on type, component, application, and region. Changing market trends and other crucial market dynamics associated with segments of the global solid state transformer market have been discussed in detail in TMR’s study.
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Solid State Transformer Market Predicted to 18.4% CAGR during the Forecast Period.
Solid State Transformer Market Forecast Till 2031
The Players Involved in the Solid State Transformer Market ABB, Eaton Corporation plc. General Electric, Synergy Transformers, and others.
Rising Demand for Solid State Transformers for Smart Grid
The Solid State Transformer Market Would be of US$ 1.48 Bn By 2031
1. Global Solid State Transformer Market - Executive Summary
1.1. Global Solid State Transformer Market Country Analysis
1.2. Competition Blueprint
1.3. Technology Time Line Mapping
1.4. TMR Analysis and Recommendations
2. Market Overview
2.1. Market Introduction
2.2. Market Definition
2.3. Market Taxonomy
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Drivers
3.2.1. Economic Drivers
3.2.2. Supply Side Drivers
3.2.3. Demand Side Drivers
3.3. Market Restraints
3.4. Market Trends
3.5. Trend Analysis- Impact on Time Line (2021-2031)
3.6. Key Regulations By Regions
4. Associated Industry and Key Indicator Assessment
4.1. Parent Industry Overview
4.2. Supply Chain Analysis
4.2.1. Profitability and Gross Margin Analysis, by Competition
4.2.2. List of Active Participants- By Region
4.2.2.1. Raw Material Suppliers
4.2.2.2. Key Manufacturers
4.2.2.3. Integrators
4.2.2.4. Key Distributor/Retailers
4.3. Technology Roadmap Analysis
4.4. Porter Five Forces Analysis
5. Global Solid State Transformer Market Pricing Analysis
5.1. Price Point Assessment by Type
5.2. Regional Average Pricing Analysis
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Middle East & Africa
5.2.5. South America
5.3. Price Forecast till 2030
5.4. Factors Influencing Pricing
6. Global Solid State Transformer Market Analysis and Forecast
6.1. Market Size Analysis (2017-2020) and Forecast (2021-2031)
6.1.1. Market Value (US$ Mn) and Y-o-Y Growth
6.2. Global Solid State Transformer Market Scenario Forecast (Optimistic, Likely and Conservative Market Conditions)
6.2.1. Forecast Factors and Relevance of Impact
6.2.2. Regional Solid State Transformer Market Business Performance Summary
7. Global Solid State Transformer Market Analysis, by Type
7.1. Introduction
7.1.1. Y-o-Y Growth Comparison By Type
7.2. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Type, 2017-2031
7.2.1. Distribution SST
7.2.2. Traction SST
7.2.3. Power SST
7.3. Market Attractiveness Analysis, by Type
8. Global Solid State Transformer Market Analysis, by Component
8.1. Introduction
8.1.1. Y-o-Y Growth Comparison By Component
8.2. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Component, 2017-2031
8.2.1. Converters
8.2.2. Switches
8.2.3. High-frequency Transformers
8.2.4. Others
8.3. Market Attractiveness Analysis, by Component
9. Global Solid State Transformer Market Analysis, by Application
9.1. Introduction
9.1.1. Y-o-Y Growth Comparison By Application
9.2. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
9.2.1. Alternate Power Generation
9.2.2. Traction Locomotives
9.2.3. Power Distribution
9.2.4. Electric Vehicle Charging
9.2.5. Unified Power Quality Controller (UPQC)
9.2.6. Photovoltaic System
9.2.7. Others
9.3. Market Attractiveness Analysis, by Application
10. Global Solid State Transformer Market Analysis and Forecast, by Region
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis, by Region
10.2. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Region, 2017-2031
10.2.1. North America
10.2.2. Europe
10.2.3. Asia Pacific
10.2.4. Middle East & Africa
10.2.5. South America
10.3. Market Attractiveness Analysis, by Region
11. North America Solid State Transformer Market Analysis and Forecast
11.1. Introduction
11.2. Drivers and Restraints: Impact Analysis
11.3. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Type, 2017-2031
11.3.1. Distribution SST
11.3.2. Traction SST
11.3.3. Power SST
11.4. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Component, 2017-2031
11.4.1. Converters
11.4.2. Switches
11.4.3. High-frequency Transformers
11.4.4. Others
11.5. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
11.5.1. Alternate Power Generation
11.5.2. Traction Locomotives
11.5.3. Power Distribution
11.5.4. Electric Vehicle Charging
11.5.5. Unified Power Quality Controller (UPQC)
11.5.6. Photovoltaic System
11.5.7. Others
11.6. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Country, 2017-2031
11.6.1. U.S.
11.6.2. Canada
11.6.3. Mexico
11.7. Market Attractiveness Analysis
11.7.1. By Type
11.7.2. By Component
11.7.3. By Application
11.7.4. By Country
12. Europe Solid State Transformer Market Analysis and Forecast
12.1. Introduction
12.2. Drivers and Restraints: Impact Analysis
12.3. Solid State Transformer Market Size (US$ Mn)) Analysis & Forecast, by Type, 2017-2031
12.3.1. Distribution SST
12.3.2. Traction SST
12.3.3. Power SST
12.4. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Component, 2017-2031
12.4.1. Converters
12.4.2. Switches
12.4.3. High-frequency Transformers
12.4.4. Others
12.5. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
12.5.1. Alternate Power Generation
12.5.2. Traction Locomotives
12.5.3. Power Distribution
12.5.4. Electric Vehicle Charging
12.5.5. Unified Power Quality Controller (UPQC)
12.5.6. Photovoltaic System
12.5.7. Others
12.6. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017-2031
12.6.1. U.K.
12.6.2. Germany
12.6.3. France
12.6.4. Italy
12.6.5. Russia
12.6.6. Rest of Europe
12.7. Market Attractiveness Analysis
12.7.1. By Type
12.7.2. By Component
12.7.3. By Application
12.7.4. By Country & Sub-region
13. Asia Pacific Solid State Transformer Market Analysis and Forecast
13.1. Introduction
13.2. Drivers and Restraints: Impact Analysis
13.3. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Type, 2017-2031
13.3.1. Distribution SST
13.3.2. Traction SST
13.3.3. Power SST
13.4. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Component, 2017-2031
13.4.1. Converters
13.4.2. Switches
13.4.3. High-frequency Transformers
13.4.4. Others
13.5. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
13.5.1. Alternate Power Generation
13.5.2. Traction Locomotives
13.5.3. Power Distribution
13.5.4. Electric Vehicle Charging
13.5.5. Unified Power Quality Controller (UPQC)
13.5.6. Photovoltaic System
13.5.7. Others
13.6. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017-2031
13.6.1. China
13.6.2. India
13.6.3. Japan
13.6.4. South Korea
13.6.5. ASEAN
13.6.6. Rest of Asia Pacific
13.7. Market Attractiveness Analysis
13.7.1. By Type
13.7.2. By Component
13.7.3. By Application
13.7.4. By Country & Sub-region
14. Middle East & Africa (MEA) Solid State Transformer Market Analysis and Forecast
14.1. Introduction
14.2. Drivers and Restraints: Impact Analysis
14.3. Solid State Transformer Market Size (US$ Mn)) Analysis & Forecast, by Type, 2017-2031
14.3.1. Distribution SST
14.3.2. Traction SST
14.3.3. Power SST
14.4. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Component, 2017-2031
14.4.1. Converters
14.4.2. Switches
14.4.3. High-frequency Transformers
14.4.4. Others
14.5. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
14.5.1. Alternate Power Generation
14.5.2. Traction Locomotives
14.5.3. Power Distribution
14.5.4. Electric Vehicle Charging
14.5.5. Unified Power Quality Controller (UPQC)
14.5.6. Photovoltaic System
14.5.7. Others
14.6. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017-2031
14.6.1. GCC
14.6.2. South Africa
14.6.3. North Africa
14.6.4. Rest of Middle East & Africa
14.7. Market Attractiveness Analysis
14.7.1. By Type
14.7.2. By Component
14.7.3. By Application
14.7.4. By Country & Sub-region
15. South America Solid State Transformer Market Analysis and Forecast
15.1. Introduction
15.2. Drivers and Restraints: Impact Analysis
15.3. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Type, 2017-2031
15.3.1. Distribution SST
15.3.2. Traction SST
15.3.3. Power SST
15.4. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Component, 2017-2031
15.4.1. Converters
15.4.2. Switches
15.4.3. High-frequency Transformers
15.4.4. Others
15.5. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
15.5.1. Alternate Power Generation
15.5.2. Traction Locomotives
15.5.3. Power Distribution
15.5.4. Electric Vehicle Charging
15.5.5. Unified Power Quality Controller (UPQC)
15.5.6. Photovoltaic System
15.5.7. Others
15.6. Solid State Transformer Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017-2031
15.6.1. Brazil
15.6.2. Argentina
15.6.3. Rest of South America
15.7. Market Attractiveness Analysis
15.7.1. By Type
15.7.2. By Component
15.7.3. By Application
15.7.4. By Country & Sub-region
16. Competition Assessment
16.1. Global Solid State Transformer Market Competition - a Dashboard View
16.2. Global Solid State Transformer Market Structure Analysis
16.3. Global Solid State Transformer Market Company Share Analysis, by Value (2020)
16.4. Key Participants Market Presence (Intensity Mapping), by Region
17. Competition Deep-dive (Manufacturers/Suppliers)
17.1. ABB
17.1.1. Overview
17.1.2. Product Portfolio
17.1.3. Sales Footprint
17.1.4. Channel Footprint
17.1.4.1. Distributors List
17.1.5. Strategy Overview
17.1.5.1. Marketing Strategy
17.1.5.2. Culture Strategy
17.1.5.3. Channel Strategy
17.1.6. SWOT Analysis
17.1.7. Financial Analysis
17.1.8. Revenue Share
17.1.8.1. By Region
17.1.9. Key Clients
17.1.10. Analyst Comments
17.2. Eaton
17.2.1. Overview
17.2.2. Product Portfolio
17.2.3. Sales Footprint
17.2.4. Channel Footprint
17.2.4.1. Distributors List
17.2.5. Strategy Overview
17.2.5.1. Marketing Strategy
17.2.5.2. Culture Strategy
17.2.5.3. Channel Strategy
17.2.6. SWOT Analysis
17.2.7. Financial Analysis
17.2.8. Revenue Share
17.2.8.1. By Region
17.2.9. Key Clients
17.2.10. Analyst Comments
17.3. General Electric
17.3.1. Overview
17.3.2. Product Portfolio
17.3.3. Sales Footprint
17.3.4. Channel Footprint
17.3.4.1. Distributors List
17.3.5. Strategy Overview
17.3.5.1. Marketing Strategy
17.3.5.2. Culture Strategy
17.3.5.3. Channel Strategy
17.3.6. SWOT Analysis
17.3.7. Financial Analysis
17.3.8. Revenue Share
17.3.8.1. By Region
17.3.9. Key Clients
17.3.10. Analyst Comments
17.4. Mitsubishi Electric Corporation
17.4.1. Overview
17.4.2. Product Portfolio
17.4.3. Sales Footprint
17.4.4. Channel Footprint
17.4.4.1. Distributors List
17.4.5. Strategy Overview
17.4.5.1. Marketing Strategy
17.4.5.2. Culture Strategy
17.4.5.3. Channel Strategy
17.4.6. SWOT Analysis
17.4.7. Financial Analysis
17.4.8. Revenue Share
17.4.8.1. By Region
17.4.9. Key Clients
17.4.10. Analyst Comments
17.5. Schneider Electric
17.5.1. Overview
17.5.2. Product Portfolio
17.5.3. Sales Footprint
17.5.4. Channel Footprint
17.5.4.1. Distributors List
17.5.5. Strategy Overview
17.5.5.1. Marketing Strategy
17.5.5.2. Culture Strategy
17.5.5.3. Channel Strategy
17.5.6. SWOT Analysis
17.5.7. Financial Analysis
17.5.8. Revenue Share
17.5.8.1. By Region
17.5.9. Key Clients
17.5.10. Analyst Comments
17.6. Siemens AG
17.6.1. Overview
17.6.2. Product Portfolio
17.6.3. Sales Footprint
17.6.4. Channel Footprint
17.6.4.1. Distributors List
17.6.5. Strategy Overview
17.6.5.1. Marketing Strategy
17.6.5.2. Culture Strategy
17.6.5.3. Channel Strategy
17.6.6. SWOT Analysis
17.6.7. Financial Analysis
17.6.8. Revenue Share
17.6.8.1. By Region
17.6.9. Key Clients
17.6.10. Analyst Comments
17.7. Kirloskar Electric Company
17.7.1. Overview
17.7.2. Product Portfolio
17.7.3. Sales Footprint
17.7.4. Channel Footprint
17.7.4.1. Distributors List
17.7.5. Strategy Overview
17.7.5.1. Marketing Strategy
17.7.5.2. Culture Strategy
17.7.5.3. Channel Strategy
17.7.6. SWOT Analysis
17.7.7. Financial Analysis
17.7.8. Revenue Share
17.7.8.1. By Region
17.7.9. Key Clients
17.7.10. Analyst Comments
17.8. Synergy Transformers
17.8.1. Overview
17.8.2. Product Portfolio
17.8.3. Sales Footprint
17.8.4. Channel Footprint
17.8.4.1. Distributors List
17.8.5. Strategy Overview
17.8.5.1. Marketing Strategy
17.8.5.2. Culture Strategy
17.8.5.3. Channel Strategy
17.8.6. SWOT Analysis
17.8.7. Financial Analysis
17.8.8. Revenue Share
17.8.8.1. By Region
17.8.9. Key Clients
17.8.10. Analyst Comments
17.9. SPX Transformer Solutions
17.9.1. Overview
17.9.2. Product Portfolio
17.9.3. Sales Footprint
17.9.4. Channel Footprint
17.9.4.1. Distributors List
17.9.5. Strategy Overview
17.9.5.1. Marketing Strategy
17.9.5.2. Culture Strategy
17.9.5.3. Channel Strategy
17.9.6. SWOT Analysis
17.9.7. Financial Analysis
17.9.8. Revenue Share
17.9.8.1. By Region
17.9.9. Key Clients
17.9.10. Analyst Comments
17.10. ERMCO
17.10.1. Overview
17.10.2. Product Portfolio
17.10.3. Sales Footprint
17.10.4. Channel Footprint
17.10.4.1. Distributors List
17.10.5. Strategy Overview
17.10.5.1. Marketing Strategy
17.10.5.2. Culture Strategy
17.10.5.3. Channel Strategy
17.10.6. SWOT Analysis
17.10.7. Financial Analysis
17.10.8. Revenue Share
17.10.8.1. By Region
17.10.9. Key Clients
17.10.10. Analyst Comments
17.11. Alstom SA
17.11.1. Overview
17.11.2. Product Portfolio
17.11.3. Sales Footprint
17.11.4. Channel Footprint
17.11.4.1. Distributors List
17.11.5. Strategy Overview
17.11.5.1. Marketing Strategy
17.11.5.2. Culture Strategy
17.11.5.3. Channel Strategy
17.11.6. SWOT Analysis
17.11.7. Financial Analysis
17.11.8. Revenue Share
17.11.8.1. By Region
17.11.9. Key Clients
17.11.10. Analyst Comments
17.12. Maschinenfabrik Reinhausen GmbH
17.12.1. Overview
17.12.2. Product Portfolio
17.12.3. Sales Footprint
17.12.4. Channel Footprint
17.12.4.1. Distributors List
17.12.5. Strategy Overview
17.12.5.1. Marketing Strategy
17.12.5.2. Culture Strategy
17.12.5.3. Channel Strategy
17.12.6. SWOT Analysis
17.12.7. Financial Analysis
17.12.8. Revenue Share
17.12.8.1. By Region
17.12.9. Key Clients
17.12.10. Analyst Comments
18. Recommendation- Critical Success Factors
19. Research Methodology
20. Assumptions & Acronyms Used
List of Tables
Table 1: Global Solid State Transformer Market Revenue (US$ Mn), by Type, 2017–2031
Table 2: Global Solid State Transformer Market Revenue (US$ Mn), by Component, 2017–2031
Table 3: Global Solid State Transformer Market Revenue (US$ Mn), by Application, 2017–2031
Table 4: Global Solid State Transformer Market Revenue (US$ Mn), by Region, 2017–2031
Table 5: North America Solid State Transformer Market Revenue (US$ Mn), by Type, 2017–2031
Table 6: North America Solid State Transformer Market Revenue (US$ Mn), by Component, 2017–2031
Table 7: North America Solid State Transformer Market Revenue (US$ Mn), by Application, 2017–2031
Table 8: North America Solid State Transformer Market Revenue (US$ Mn), by Country, 2017–2031
Table 9: Europe Solid State Transformer Market Revenue (US$ Mn), by Type, 2017–2031
Table 10: Europe Solid State Transformer Market Revenue (US$ Mn), by Component, 2017–2031
Table 11: Europe Solid State Transformer Market Revenue (US$ Mn), by Application, 2017–2031
Table 12: Europe Solid State Transformer Market Revenue (US$ Mn), by Country & Sub-region, 2017–2031
Table 13: Asia Pacific Solid State Transformer Market Revenue (US$ Mn), by Type, 2017–2031
Table 14: Asia Pacific Solid State Transformer Market Revenue (US$ Mn), by Component, 2017–2031
Table 15: Asia Pacific Solid State Transformer Market Revenue (US$ Mn), by Application, 2017–2031
Table 16: Asia Pacific Solid State Transformer Market Revenue (US$ Mn), by Country & Sub-region, 2017–2031
Table 17: Middle East & Africa Solid State Transformer Market Revenue (US$ Mn), by Type, 2017–2031
Table 18: Middle East & Africa Solid State Transformer Market Revenue (US$ Mn), by Component, 2017–2031
Table 19: Middle East & Africa Solid State Transformer Market Revenue (US$ Mn), by Application, 2017–2031
Table 20: Middle East & Africa Solid State Transformer Market Revenue (US$ Mn), by Country & Sub-region, 2017–2031
Table 21: South America Solid State Transformer Market Revenue (US$ Mn), by Type, 2017–2031
Table 22: South America Solid State Transformer Market Revenue (US$ Mn), by Component, 2017–2031
Table 23: South America Solid State Transformer Market Revenue (US$ Mn), by Application, 2017–2031
Table 24: South America Solid State Transformer Market Revenue (US$ Mn), by Country & Sub-region, 2017–2031
List of Figures
Figure 1: Global Solid State Transformer Market Value (USD Mn) Forecast, 2021–2031
Figure 2: Global Solid State Transformer Market Revenue Projection and Y-o-Y Growth, 2017–2031 (US$ Mn and %)
Figure 3: Global Solid State Transformer Market, by Distribution SST
Figure 4: Global Solid State Transformer Market, by Traction SST
Figure 5: Global Solid State Transformer Market, by Power SST
Figure 6: Global Solid State Transformer Market Comparison Matrix, by Type
Figure 7: Global Solid State Transformer Market Attractiveness Analysis, by Type
Figure 8: Global Solid State Transformer Market, by Converters
Figure 9: Global Solid State Transformer Market, by Switches
Figure 10: Global Solid State Transformer Market, by High-frequency Transformers
Figure 11: Global Solid State Transformer Market, by Others
Figure 12: Global Solid State Transformer Market Comparison Matrix, by Component
Figure 13: Global Solid State Transformer Market Attractiveness Analysis, by Component
Figure 14: Global Solid State Transformer Market, by Alternate Power Generation
Figure 15: Global Solid State Transformer Market, by Traction Locomotives
Figure 16: Global Solid State Transformer Market, by Power Distribution
Figure 17: Global Solid State Transformer Market, by Electric Vehicle Charging
Figure 18: Global Solid State Transformer Market, by Unified Power Quality Controller (UPQC)
Figure 19: Global Solid State Transformer Market, by Photovoltaic System
Figure 20: Global Solid State Transformer Market, by Others
Figure 21: Global Solid State Transformer Market Comparison Matrix, by Application
Figure 22: Global Solid State Transformer Market Attractiveness Analysis, by Application
Figure 23: Global Solid State Transformer Market Value Share Analysis, by Region (2021E)
Figure 24: Global Solid State Transformer Market Value Share Analysis, by Region (2031F)
Figure 25: Global Solid State Transformer Market Attractiveness Analysis, by Region
Figure 26: North America Solid State Transformer Market Revenue Projection and Y-o-Y Growth, 2017–2031 (US$ Mn and %)
Figure 27: North America Solid State Transformer Market Value Share Analysis, by Type (2021)
Figure 28: North America Solid State Transformer Market Value Share Analysis, by Type (2031)
Figure 29: North America Solid State Transformer Market Value Share Analysis, by Component (2021)
Figure 30: North America Solid State Transformer Market Value Share Analysis, by Component (2031)
Figure 31: North America Solid State Transformer Market Value Share Analysis, by Application (2021)
Figure 32: North America Solid State Transformer Market Value Share Analysis, by Application (2031)
Figure 33: North America Solid State Transformer Market Value Share Analysis, by Country (2021)
Figure 34: North America Solid State Transformer Market Value Share Analysis, by Country (2031)
Figure 35: North America Solid State Transformer Market Attractiveness Analysis, by Type
Figure 36: North America Solid State Transformer Market Attractiveness Analysis, by Component
Figure 37: North America Solid State Transformer Market Attractiveness Analysis, by Application
Figure 38: North America Solid State Transformer Market Attractiveness Analysis, by Country
Figure 39: Europe Solid State Transformer Market Revenue Projection and Y-o-Y Growth, 2017–2031 (US$ Mn and %)
Figure 40: Europe Solid State Transformer Market Value Share Analysis, by Type (2021)
Figure 41: Europe Solid State Transformer Market Value Share Analysis, by Type (2031)
Figure 42: Europe Solid State Transformer Market Value Share Analysis, by Component (2021)
Figure 43: Europe Solid State Transformer Market Value Share Analysis, by Component (2031)
Figure 44: Europe Solid State Transformer Market Value Share Analysis, by Application (2021)
Figure 45: Europe Solid State Transformer Market Value Share Analysis, by Application (2031)
Figure 46: Europe Solid State Transformer Market Value Share Analysis, by Country & Sub-region (2021)
Figure 47: Europe Solid State Transformer Market Value Share Analysis, by Country & Sub-region (2031)
Figure 48: Europe Solid State Transformer Market Attractiveness Analysis, by Type
Figure 49: Europe Solid State Transformer Market Attractiveness Analysis, by Component
Figure 50: Europe Solid State Transformer Market Attractiveness Analysis, by Application
Figure 51: Europe Solid State Transformer Market Attractiveness Analysis, by Country & Sub-region
Figure 52: Asia Pacific Solid State Transformer Market Revenue Projection and Y-o-Y Growth, 2017–2031 (US$ Mn and %)
Figure 53: Asia Pacific Solid State Transformer Market Value Share Analysis, by Type (2021)
Figure 54: Asia Pacific Solid State Transformer Market Value Share Analysis, by Type (2031)
Figure 55: Asia Pacific Solid State Transformer Market Value Share Analysis, by Component (2021)
Figure 56: Asia Pacific Solid State Transformer Market Value Share Analysis, by Component (2031)
Figure 57: Asia Pacific Solid State Transformer Market Value Share Analysis, by Application (2021)
Figure 58: Asia Pacific Solid State Transformer Market Value Share Analysis, by Application (2031)
Figure 59: Asia Pacific Solid State Transformer Market Value Share Analysis, by Country & Sub-region (2021)
Figure 60: Asia Pacific Solid State Transformer Market Value Share Analysis, by Country & Sub-region (2031)
Figure 61: Asia Pacific Solid State Transformer Market Attractiveness Analysis, by Type
Figure 62: Asia Pacific Solid State Transformer Market Attractiveness Analysis, by Component
Figure 63: Asia Pacific Solid State Transformer Market Attractiveness Analysis, by Application
Figure 64: Asia Pacific Solid State Transformer Market Attractiveness Analysis, by Country & Sub-region
Figure 65: Middle East & Africa Solid State Transformer Market Revenue Projection and Y-o-Y Growth, 2017–2031 (US$ Mn and %)
Figure 66: Middle East & Africa Solid State Transformer Market Value Share Analysis, by Type (2021)
Figure 67: Middle East & Africa Solid State Transformer Market Value Share Analysis, by Type (2031)
Figure 68: Middle East & Africa Solid State Transformer Market Value Share Analysis, by Component (2021)
Figure 69: Middle East & Africa Solid State Transformer Market Value Share Analysis, by Component (2031)
Figure 70: Middle East & Africa Solid State Transformer Market Value Share Analysis, by Application (2021)
Figure 71: Middle East & Africa Solid State Transformer Market Value Share Analysis, by Application (2031)
Figure 72: Middle East & Africa Solid State Transformer Market Value Share Analysis, by Country & Sub-region (2021)
Figure 73: Middle East & Africa Solid State Transformer Market Value Share Analysis, by Country & Sub-region (2031)
Figure 74: Middle East & Africa Solid State Transformer Market Attractiveness Analysis, by Type
Figure 75: Middle East & Africa Solid State Transformer Market Attractiveness Analysis, by Component
Figure 76: Middle East & Africa Solid State Transformer Market Attractiveness Analysis, by Application
Figure 77: Middle East & Africa Solid State Transformer Market Attractiveness Analysis, by Country & Sub-region
Figure 78: South America Solid State Transformer Market Revenue Projection and Y-o-Y Growth, 2017–2031 (US$ Mn and %)
Figure 79: South America Solid State Transformer Market Value Share Analysis, by Type (2021)
Figure 80: South America Solid State Transformer Market Value Share Analysis, by Type (2031)
Figure 81: South America Solid State Transformer Market Value Share Analysis, by Component (2021)
Figure 82: South America Solid State Transformer Market Value Share Analysis, by Component (2031)
Figure 83: South America Solid State Transformer Market Value Share Analysis, by Application (2021)
Figure 84: South America Solid State Transformer Market Value Share Analysis, by Application (2031)
Figure 85: South America Solid State Transformer Market Value Share Analysis, by Country & Sub-region (2021)
Figure 86: South America Solid State Transformer Market Value Share Analysis, by Country & Sub-region (2031)
Figure 87: South America Solid State Transformer Market Attractiveness Analysis, by Type
Figure 88: South America Solid State Transformer Market Attractiveness Analysis, by Component
Figure 89: South America Solid State Transformer Market Attractiveness Analysis, by Application
Figure 90: South America Solid State Transformer Market Attractiveness Analysis, by Country & Sub-region
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*86 figures and 60 tables includes