Analysts’ Viewpoint
Increase in need for fast charging of electric vehicles and rise in smart grid infrastructure are significant growth drivers of the solid state transformer market. Ongoing transformation in the energy sector is expected to create lucrative solid state transformer market opportunities in the near future.
Growth in renewable energy integration and rise in popularity of electric vehicles are some of the prominent factors driving the demand for solid state transformers (SSTs). Manufacturers in the global market are developing efficient SSTs to meet the rising demand for electric vehicle charging infrastructure and load management. However, increase in SST prices is one of the key challenges in the solid state transformer market.
Solid state transformer (SST) or smart transformer is an advanced power electronic device that is designed to perform the functions of a traditional power transformer using solid state components rather than conventional electromagnetic coils.
This power electronics transformer combines power electronics, such as insulated gate bipolar transistors (IGBTs) and gate turn-off thyristors (GTOs), with advanced control and communication capabilities to provide a more efficient and flexible solution for power distribution and conversion.
Solid state transformer (SST)-based extreme fast charging schemes have emerged as an appealing solution in the electric vehicle (EV) technology landscape. This can be primarily ascribed to their ability to address one of the significant barriers to complete adoption of EVs: longer charging time.
SST-based extreme fast charging offers several advantages, including higher efficiency, reduced maintenance, and decreased dependence on fossil fuels. SSTs can offer refueling capability similar to that of gasoline vehicles.
The global EV market has been witnessing substantial growth since the last few years. The number of electric cars on roads worldwide exceeded 26 million in 2022, reflecting a remarkable 60.0% increase compared to that in 2021. This surge in global EV adoption indicates a rise in demand for electric vehicle as an environmentally friendly and sustainable transportation option.
SSTs have the potential to play a significant role in shaping the future of EV charging infrastructure. SST technology is still in the research and development phase. Further work is needed to optimize SST designs, ensure compatibility with existing charging infrastructure, and address cost considerations for widespread adoption.
Integration of diverse renewable energy sources, electric vehicles, smart grid components, and numerous non-linear DC/AC loads into the modern grid has become essential nowadays. Wide bandgap devices permit power converters to operate at very high switching frequencies due to advancements in the power electronic switching technology.
Solid state transformers (SST) possess several key features that make them highly advantageous. Some of these features include increased power density, improved efficiency, ability to control bidirectional power flow, enhancement of power quality, availability of DC/AC ports at different voltage and power levels, and compatibility with smart grid components.
The most common topography for three stage solid state transformers is characterized by isolation provided by a high-frequency transformer in the DC-DC stage.
Three stage topography outperforms single stage and two stage configurations in terms of voltage regulation, protection, power factor regulation, utilization in energy storage applications, renewable energy sources, and distributed power systems.
Three stage solid state transformers are also specifically designed and utilized in smart grid applications where bidirectional power flow is required to transfer energy between low voltage and high voltage or vice versa.
Three stage solid state transformer provides isolation between input and output, thus allowing for improved safety and flexibility in power distribution applications. Additionally, the high-frequency operation enables higher power density and efficiency compared to traditional power transformers. Thus, demand for three stage solid state transformers is expected to increase in the near future.
As per the latest solid state transformer market forecast, Asia Pacific is anticipated to account for major share of the global landscape during the forecast period. The solid state transformer market size in Asia Pacific is projected to rise in the near future, owing to the increase in need for efficient and fast charging systems for EVs in the region.
Rise in investment in product development by private as well as government entities is fueling solid state transformer market growth in North America. Demand for SSTs is increasing in the region due to growth in grid modernization and rise in application of renewable energy sources. Surge in popularity of electric vehicles and expansion of telecommunication networks are some of the key factors that are expected to contribute to the growth outlook of the solid state transformer market in North America.
Europe is also a significant market for solid state transformers. Increase in research activities, rise in focus on advanced electronics, implementation of stringent safety regulations, and growth in demand for reliable energy distribution solutions are major factors fueling market development in the region.
The global landscape is highly fragmented, with the presence of a few prominent players that control majority of the solid state transformer market share. Leading players are focusing on design and development of commercial SSTs. The global market is assisted by rapid development of solid state technologies such as SiC and GaN.
Key players operating in the market are Eaton, General Electric, Mitsubishi Electric, Power Systems & Controls Inc., Schneider Electric, SPX Transformer Solutions, ABB, Siemens AG, Hitachi Energy Ltd., Alstom, and Delta Electronics, Inc. These companies are following the solid state transformer market trends to avail lucrative revenue opportunities.
Key players have been profiled in the solid state transformer market report based on parameters such as product portfolio, company overview, business strategies, business segments, latest developments, and financial overview.
| Attribute | Detail |
|---|---|
|
Market Value in 2021 |
US$ 185.9 Mn |
|
Market Forecast Value in 2031 |
US$ 563.5 Mn |
|
Growth Rate (CAGR) |
13.1% |
|
Forecast Period |
2023-2031 |
|
Historical Data Available for |
2017-2022 |
|
Quantitative Units |
US$ Mn for Value and Million Units for Volume |
|
Market Analysis |
It includes cross-segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
|
Competition Landscape |
|
|
Format |
Electronic (PDF) + Excel |
|
Market Segmentation |
|
|
Regions Covered |
|
|
Countries Covered |
|
|
Companies Profiled |
|
|
Customization Scope |
Available upon request |
|
Pricing |
Available upon request |
It was valued at US$ 185.9 Mn in 2022
It is likely to advance at a CAGR of 13.1% by 2031
It would be worth US$ 563.5 Mn in 2031
Eaton, General Electric, Mitsubishi Electric, Power Systems & Controls Inc., Schneider Electric, SPX Transformer Solutions, ABB, Siemens AG, Hitachi Energy Ltd., Alstom, and Delta Electronics, Inc.
Demand for SSTs is anticipated to be high in the U.S. in the near future
High demand for three stage solid state transformers and surge in deployment of renewable energy sources
Asia Pacific is a more lucrative region for vendors
1. Preface
1.1. Market Introduction
1.2. Market and Segments Definition
1.3. Market Taxonomy
1.4. Research Methodology
1.5. Assumption and Acronyms
2. Executive Summary
2.1. Global Solid State Transformer Market Overview
2.2. Regional Outline
2.3. Industry Outline
2.4. Market Dynamics Snapshot
2.5. Competition Blueprint
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Drivers
3.3. Restraints
3.4. Opportunities
3.5. Key Trends
3.6. Regulatory Framework
4. Associated Industry and Key Indicator Assessment
4.1. Parent Industry Overview - Global Energy Devices Industry Overview
4.2. Supply Chain Analysis
4.3. Technology Roadmap
4.4. Industry SWOT Analysis
4.5. Porter Five Forces Analysis
5. Global Solid State Transformer Market Analysis, By Stage
5.1. Solid State Transformer Market Voltage (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Stage, 2017-2031
5.1.1. Single Stage
5.1.2. Two Stage
5.1.3. Three Stage
5.2. Market Attractiveness Analysis, By Stage
6. Global Solid State Transformer Market Analysis, by Voltage
6.1. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By Voltage, 2017-2031
6.1.1. HV/ML
6.1.2. MV/LV
6.2. Market Attractiveness Analysis, By Voltage
7. Global Solid State Transformer Market Analysis, by Application
7.1. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By Application, 2017-2031
7.1.1. Renewable Power Integration
7.1.2. Automotive Charging
7.1.3. Traction Transformer
7.1.4. Others
7.2. Market Attractiveness Analysis, By Application
8. Global Solid State Transformer Market Analysis, by End-use Industry
8.1. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By End-use Industry, 2017-2031
8.1.1. Consumer Electronics
8.1.2. Automotive
8.1.3. IT and Telecom
8.1.4. Energy and Utility
8.1.5. Others
8.2. Market Attractiveness Analysis, By End-use Industry
9. Global Solid State Transformer Market Analysis and Forecast by Region
9.1. Solid State Transformer Market Voltage (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Region, 2017-2031
9.1.1. North America
9.1.2. Europe
9.1.3. Asia Pacific
9.1.4. Middle East & Africa
9.1.5. South America
9.2. Market Attractiveness Analysis, By Region
10. North America Solid State Transformer Market Analysis and Forecast
10.1. Market Snapshot
10.2. Drivers and Restraints: Impact Analysis
10.3. Solid State Transformer Market Voltage (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Stage, 2017-2031
10.3.1. Single Stage
10.3.2. Two Stage
10.3.3. Three Stage
10.4. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By Voltage, 2017-2031
10.4.1. HV/ML
10.4.2. MV/LV
10.5. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By Application, 2017-2031
10.5.1. Renewable Power Integration
10.5.2. Automotive Charging
10.5.3. Traction Transformer
10.5.4. Others
10.6. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By End-use Industry, 2017-2031
10.6.1. Consumer Electronics
10.6.2. Automotive
10.6.3. IT and Telecom
10.6.4. Energy and Utility
10.6.5. Others
10.7. Solid State Transformer Market Voltage (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
10.7.1. U.S.
10.7.2. Canada
10.7.3. Rest of North America
10.8. Market Attractiveness Analysis
10.8.1. By Stage
10.8.2. By Voltage
10.8.3. By Application
10.8.4. By End-use Industry
10.8.5. By Country/Sub-region
11. Europe Solid State Transformer Market Analysis and Forecast
11.1. Market Snapshot
11.2. Drivers and Restraints: Impact Analysis
11.3. Solid State Transformer Market Voltage (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Stage, 2017-2031
11.3.1. Single Stage
11.3.2. Two Stage
11.3.3. Three Stage
11.4. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By Voltage, 2017-2031
11.4.1. HV/ML
11.4.2. MV/LV
11.5. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By Application, 2017-2031
11.5.1. Renewable Power Integration
11.5.2. Automotive Charging
11.5.3. Traction Transformer
11.5.4. Others
11.6. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By End-use Industry, 2017-2031
11.6.1. Consumer Electronics
11.6.2. Automotive
11.6.3. IT and Telecom
11.6.4. Energy and Utility
11.6.5. Others
11.7. Solid State Transformer Market Voltage (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
11.7.1. U.K.
11.7.2. Germany
11.7.3. France
11.7.4. Rest of Europe
11.8. Market Attractiveness Analysis
11.8.1. By Stage
11.8.2. By Voltage
11.8.3. By Application
11.8.4. By End-use Industry
11.8.5. By Country/Sub-region
12. Asia Pacific Solid State Transformer Market Analysis and Forecast
12.1. Market Snapshot
12.2. Drivers and Restraints: Impact Analysis
12.3. Solid State Transformer Market Voltage (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Stage, 2017-2031
12.3.1. Single Stage
12.3.2. Two Stage
12.3.3. Three Stage
12.4. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By Voltage, 2017-2031
12.4.1. HV/ML
12.4.2. MV/LV
12.5. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By Application, 2017-2031
12.5.1. Renewable Power Integration
12.5.2. Automotive Charging
12.5.3. Traction Transformer
12.5.4. Others
12.6. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By End-use Industry, 2017-2031
12.6.1. Consumer Electronics
12.6.2. Automotive
12.6.3. IT and Telecom
12.6.4. Energy and Utility
12.6.5. Others
12.7. Solid State Transformer Market Voltage (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
12.7.1. China
12.7.2. Japan
12.7.3. India
12.7.4. South Korea
12.7.5. ASEAN
12.7.6. Rest of Asia Pacific
12.8. Market Attractiveness Analysis
12.8.1. By Stage
12.8.2. By Voltage
12.8.3. By Application
12.8.4. By End-use Industry
12.8.5. By Country/Sub-region
13. Middle East & Africa Solid State Transformer Market Analysis and Forecast
13.1. Market Snapshot
13.2. Drivers and Restraints: Impact Analysis
13.3. Solid State Transformer Market Voltage (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Stage, 2017-2031
13.3.1. Single Stage
13.3.2. Two Stage
13.3.3. Three Stage
13.4. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By Voltage, 2017-2031
13.4.1. HV/ML
13.4.2. MV/LV
13.5. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By Application, 2017-2031
13.5.1. Renewable Power Integration
13.5.2. Automotive Charging
13.5.3. Traction Transformer
13.5.4. Others
13.6. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By End-use Industry, 2017-2031
13.6.1. Consumer Electronics
13.6.2. Automotive
13.6.3. IT and Telecom
13.6.4. Energy and Utility
13.6.5. Others
13.7. Solid State Transformer Market Voltage (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
13.7.1. GCC
13.7.2. South Africa
13.7.3. Rest of Middle East & Africa
13.8. Market Attractiveness Analysis
13.8.1. By Stage
13.8.2. By Voltage
13.8.3. By Application
13.8.4. By End-use Industry
13.8.5. By Country/Sub-region
14. South America Solid State Transformer Market Analysis and Forecast
14.1. Market Snapshot
14.2. Drivers and Restraints: Impact Analysis
14.3. Solid State Transformer Market Voltage (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Stage, 2017-2031
14.3.1. Single Stage
14.3.2. Two Stage
14.3.3. Three Stage
14.4. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By Voltage, 2017-2031
14.4.1. HV/ML
14.4.2. MV/LV
14.5. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By Application, 2017-2031
14.5.1. Renewable Power Integration
14.5.2. Automotive Charging
14.5.3. Traction Transformer
14.5.4. Others
14.6. Solid State Transformer Market Voltage (US$ Mn) Analysis & Forecast, By End-use Industry, 2017-2031
14.6.1. Consumer Electronics
14.6.2. Automotive
14.6.3. IT and Telecom
14.6.4. Energy and Utility
14.6.5. Others
14.7. Solid State Transformer Market Voltage (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
14.7.1. Brazil
14.7.2. Rest of South America
14.8. Market Attractiveness Analysis
14.8.1. By Stage
14.8.2. By Voltage
14.8.3. By Application
14.8.4. By End-use Industry
14.8.5. By Country/Sub-region
15. Competition Assessment
15.1. Global Solid State Transformer Market Competition Matrix - a Dashboard View
15.1.1. Global Solid State Transformer Market Company Share Analysis, by Value (2021)
15.1.2. Technological Differentiator
16. Company Profiles (Global Manufacturers/Suppliers)
16.1. Alstom
16.1.1. Overview
16.1.2. Product Portfolio
16.1.3. Sales Footprint
16.1.4. Key Subsidiaries or Distributors
16.1.5. Strategy and Recent Developments
16.1.6. Key Financials
16.2. ABB
16.2.1. Overview
16.2.2. Product Portfolio
16.2.3. Sales Footprint
16.2.4. Key Subsidiaries or Distributors
16.2.5. Strategy and Recent Developments
16.2.6. Key Financials
16.3. Delta Electronics, Inc.
16.3.1. Overview
16.3.2. Product Portfolio
16.3.3. Sales Footprint
16.3.4. Key Subsidiaries or Distributors
16.3.5. Strategy and Recent Developments
16.3.6. Key Financials
16.4. Eaton
16.4.1. Overview
16.4.2. Product Portfolio
16.4.3. Sales Footprint
16.4.4. Key Subsidiaries or Distributors
16.4.5. Strategy and Recent Developments
16.4.6. Key Financials
16.5. General Electric
16.5.1. Overview
16.5.2. Product Portfolio
16.5.3. Sales Footprint
16.5.4. Key Subsidiaries or Distributors
16.5.5. Strategy and Recent Developments
16.5.6. Key Financials
16.6. Hitachi Energy Ltd.
16.6.1. Overview
16.6.2. Product Portfolio
16.6.3. Sales Footprint
16.6.4. Key Subsidiaries or Distributors
16.6.5. Strategy and Recent Developments
16.6.6. Key Financials
16.7. Mitsubishi Electric
16.7.1. Overview
16.7.2. Product Portfolio
16.7.3. Sales Footprint
16.7.4. Key Subsidiaries or Distributors
16.7.5. Strategy and Recent Developments
16.7.6. Key Financials
16.8. Power Systems & Controls Inc.
16.8.1. Overview
16.8.2. Product Portfolio
16.8.3. Sales Footprint
16.8.4. Key Subsidiaries or Distributors
16.8.5. Strategy and Recent Developments
16.8.6. Key Financials
16.9. Schneider Electric
16.9.1. Overview
16.9.2. Product Portfolio
16.9.3. Sales Footprint
16.9.4. Key Subsidiaries or Distributors
16.9.5. Strategy and Recent Developments
16.9.6. Key Financials
16.10. Siemens AG
16.10.1. Overview
16.10.2. Product Portfolio
16.10.3. Sales Footprint
16.10.4. Key Subsidiaries or Distributors
16.10.5. Strategy and Recent Developments
16.10.6. Key Financials
16.11. SPX Transformer Solutions
16.11.1. Overview
16.11.2. Product Portfolio
16.11.3. Sales Footprint
16.11.4. Key Subsidiaries or Distributors
16.11.5. Strategy and Recent Developments
16.11.6. Key Financials
17. Recommendation
17.1. Go to Market
17.2. Opportunity Assessment
17.2.1. By Stage
17.2.2. By Voltage
17.2.3. By Application
17.2.4. By End-use Industry
17.2.5. By Region/Country/Sub-region
List of Tables
Table 1: Global Solid State Transformer Market Value (US$ Mn) & Forecast, By Stage, 2017‒2031
Table 2: Global Solid State Transformer Market Volume (Million Units) & Forecast, By Stage, 2017‒2031
Table 3: Global Solid State Transformer Market Value (US$ Mn) & Forecast, by Voltage 2017‒2031
Table 4: Global Solid State Transformer Market Value (US$ Mn) & Forecast, by End-use Industry, 2017‒2033
Table 5: Global Solid State Transformer Market Value (US$ Mn) & Forecast, by Application, 2017‒2033
Table 6: Global Solid State Transformer Market Value (US$ Mn) & Forecast, by Region, 2017‒2031
Table 7: Global Solid State Transformer Market Volume (Million Units) & Forecast, by Region, 2017‒2031
Table 8: North America Solid State Transformer Market Value (US$ Mn) & Forecast, By Stage, 2017‒2031
Table 9: North America Solid State Transformer Market Volume (Million Units) & Forecast, By Stage, 2017‒2031
Table 10: North America Solid State Transformer Market Value (US$ Mn) & Forecast, by Voltage 2017‒2031
Table 11: North America Solid State Transformer Market Value (US$ Mn) & Forecast, by End-use Industry, 2017‒2033
Table 12: North America Solid State Transformer Market Value (US$ Mn) & Forecast, by Application, 2017‒2033
Table 13: North America Solid State Transformer Market Value (US$ Mn) & Forecast, by Country, 2017‒2031
Table 14: North America Solid State Transformer Market Volume (Million Units) & Forecast, by Country, 2017‒2031
Table 15: Europe Solid State Transformer Market Value (US$ Mn) & Forecast, By Stage, 2017‒2031
Table 16: Europe Solid State Transformer Market Volume (Million Units) & Forecast, By Stage, 2017‒2031
Table 17: Europe Solid State Transformer Market Value (US$ Mn) & Forecast, by Voltage 2017‒2031
Table 18: Europe Solid State Transformer Market Value (US$ Mn) & Forecast, by End-use Industry, 2017‒2033
Table 19: Europe Solid State Transformer Market Value (US$ Mn) & Forecast, by Application, 2017‒2033
Table 20: Europe Solid State Transformer Market Value (US$ Mn) & Forecast, by Country, 2017‒2031
Table 21: Europe Solid State Transformer Market Volume (Million Units) & Forecast, by Country, 2017‒2031
Table 22: Asia Pacific Solid State Transformer Market Value (US$ Mn) & Forecast, By Stage, 2017‒2031
Table 23: Asia Pacific Solid State Transformer Market Volume (Million Units) & Forecast, By Stage, 2017‒2031
Table 24: Asia Pacific Solid State Transformer Market Value (US$ Mn) & Forecast, by Voltage 2017‒2031
Table 25: Asia Pacific Solid State Transformer Market Value (US$ Mn) & Forecast, by End-use Industry, 2017‒2033
Table 26: Asia Pacific Solid State Transformer Market Value (US$ Mn) & Forecast, by Application, 2017‒2033
Table 27: Asia Pacific Solid State Transformer Market Value (US$ Mn) & Forecast, by Country, 2017‒2031
Table 28: Asia Pacific Solid State Transformer Market Volume (Million Units) & Forecast, by Country, 2017‒2031
Table 29: Middle East & Africa Solid State Transformer Market Value (US$ Mn) & Forecast, By Stage, 2017‒2031
Table 30: Middle East & Africa Solid State Transformer Market Volume (Million Units) & Forecast, By Stage, 2017‒2031
Table 31: Middle East & Africa Solid State Transformer Market Value (US$ Mn) & Forecast, by Voltage 2017‒2031
Table 32: Middle East & Africa Solid State Transformer Market Value (US$ Mn) & Forecast, by End-use Industry, 2017‒2033
Table 33: Middle East & Africa Solid State Transformer Market Value (US$ Mn) & Forecast, by Application, 2017‒2033
Table 34: Middle East & Africa Solid State Transformer Market Value (US$ Mn) & Forecast, by Country, 2017‒2031
Table 35: Middle East & Africa Solid State Transformer Market Volume (Million Units) & Forecast, by Country, 2017‒2031
Table 36: South America Solid State Transformer Market Value (US$ Mn) & Forecast, By Stage, 2017‒2031
Table 37: South America Solid State Transformer Market Volume (Million Units) & Forecast, By Stage, 2017‒2031
Table 38: South America Solid State Transformer Market Value (US$ Mn) & Forecast, by Voltage 2017‒2031
Table 39: South America Solid State Transformer Market Value (US$ Mn) & Forecast, by End-use Industry, 2017‒2033
Table 40: South America Solid State Transformer Market Value (US$ Mn) & Forecast, by Application, 2017‒2033
Table 41: South America Solid State Transformer Market Value (US$ Mn) & Forecast, by Country, 2017‒2031
Table 42: South America Solid State Transformer Market Volume (Million Units) & Forecast, by Country, 2017‒2031
List of Figures
Figure 01: Global Solid State Transformer Market Voltage & Forecast, Value (US$ Mn), 2017‒2031
Figure 02: Global Solid State Transformer Market Voltage & Forecast, Y-O-Y, Value (US$ Mn), 2017‒2031
Figure 03: Global Solid State Transformer Market Projections By Stage, Value (US$ Mn), 2017‒2031
Figure 04: Global Solid State Transformer Market Share Analysis, By Stage, 2021 and 2031
Figure 05: Global Solid State Transformer Market, Incremental Opportunity, By Stage, 2021‒2031
Figure 06: Global Solid State Transformer Market Projections by Voltage, Value (US$ Mn), 2017‒2031
Figure 07: Global Solid State Transformer Market Share Analysis, by Voltage, 2021 and 2031
Figure 08: Global Solid State Transformer Market, Incremental Opportunity, by Voltage, 2021‒2031
Figure 09: Global Solid State Transformer Market Projections by Application, Value (US$ Mn), 2017‒2031
Figure 10: Global Solid State Transformer Market Share Analysis, by Application, 2021 and 2031
Figure 11: Global Solid State Transformer Market, Incremental Opportunity, by Application, 2021‒2031
Figure 12: Global Solid State Transformer Market Projections by End-use Industry, Value (US$ Mn), 2017‒2031
Figure 13: Global Solid State Transformer Market Share Analysis, by End-use Industry, 2021 and 2031
Figure 14: Global Solid State Transformer Market, Incremental Opportunity, by End-use Industry, 2021‒2031
Figure 15: Global Solid State Transformer Market Projections by Region, Value (US$ Mn), 2017‒2031
Figure 16: Global Solid State Transformer Market Share Analysis, by Region, 2021 and 2031
Figure 17: Global Solid State Transformer Market, Incremental Opportunity, by Region, 2021‒2031
Figure 18: North America Solid State Transformer Market Voltage & Forecast, Value (US$ Mn), 2017‒2031
Figure 19: North America Solid State Transformer Market Voltage & Forecast, Y-O-Y, Value (US$ Mn), 2017‒2031
Figure 20: North America Solid State Transformer Market Projections By Stage, Value (US$ Mn), 2017‒2031
Figure 21: North America Solid State Transformer Market Share Analysis, By Stage, 2021 and 2031
Figure 22: North America Solid State Transformer Market, Incremental Opportunity, By Stage, 2021‒2031
Figure 23: North America Solid State Transformer Market Projections by Voltage, Value (US$ Mn), 2017‒2031
Figure 24: North America Solid State Transformer Market Share Analysis, by Voltage, 2021 and 2031
Figure 25: North America Solid State Transformer Market, Incremental Opportunity, by Voltage, 2021‒2031
Figure 26: North America Solid State Transformer Market Projections by Application, Value (US$ Mn), 2017‒2031
Figure 27: North America Solid State Transformer Market Share Analysis, by Application, 2021 and 2031
Figure 28: North America Solid State Transformer Market, Incremental Opportunity, by Application, 2021‒2031
Figure 29: North America Solid State Transformer Market Projections by End-use Industry, Value (US$ Mn), 2017‒2031
Figure 30: North America Solid State Transformer Market Share Analysis, by End-use Industry, 2021 and 2031
Figure 31: North America Solid State Transformer Market, Incremental Opportunity, by End-use Industry, 2021‒2031
Figure 32: North America Solid State Transformer Market Projections by Country and sub-region, Value (US$ Mn), 2017‒2031
Figure 33: North America Solid State Transformer Market Share Analysis, by Country and sub-region 2021 and 2031
Figure 34: North America Solid State Transformer Market, Incremental Opportunity, by Country and sub-region, 2021‒2031
Figure 35: Europe Solid State Transformer Market Voltage & Forecast, Value (US$ Mn), 2017‒2031
Figure 36: Europe Solid State Transformer Market Voltage & Forecast, Y-O-Y, Value (US$ Mn), 2017‒2031
Figure 37: Europe Solid State Transformer Market Projections By Stage, Value (US$ Mn), 2017‒2031
Figure 38: Europe Solid State Transformer Market Share Analysis, By Stage, 2021 and 2031
Figure 39: Europe Solid State Transformer Market, Incremental Opportunity, By Stage, 2021‒2031
Figure 40: Europe Solid State Transformer Market Projections by Voltage, Value (US$ Mn), 2017‒2031
Figure 41: Europe Solid State Transformer Market Share Analysis, by Voltage, 2021 and 2031
Figure 42: Europe Solid State Transformer Market, Incremental Opportunity, by Voltage, 2021‒2031
Figure 43: Europe Solid State Transformer Market Projections by Application, Value (US$ Mn), 2017‒2031
Figure 44: Europe Solid State Transformer Market Share Analysis, by Application, 2021 and 2031
Figure 45: Europe Solid State Transformer Market, Incremental Opportunity, by Application, 2021‒2031
Figure 46: Europe Solid State Transformer Market Projections by End-use Industry, Value (US$ Mn), 2017‒2031
Figure 47: Europe Solid State Transformer Market Share Analysis, by End-use Industry, 2021 and 2031
Figure 48: Europe Solid State Transformer Market, Incremental Opportunity, by End-use Industry, 2021‒2031
Figure 49: Europe Solid State Transformer Market Projections by Country and sub-region, Value (US$ Mn), 2017‒2031
Figure 50: Europe Solid State Transformer Market Share Analysis, by Country and sub-region 2021 and 2031
Figure 51: Europe Solid State Transformer Market, Incremental Opportunity, by Country and sub-region, 2021‒2031
Figure 52: Asia Pacific Solid State Transformer Market Voltage & Forecast, Value (US$ Mn), 2017‒2031
Figure 53: Asia Pacific Solid State Transformer Market Voltage & Forecast, Y-O-Y, Value (US$ Mn), 2017‒2031
Figure 54: Asia Pacific Solid State Transformer Market Projections By Stage, Value (US$ Mn), 2017‒2031
Figure 55: Asia Pacific Solid State Transformer Market Share Analysis, By Stage, 2021 and 2031
Figure 56: Asia Pacific Solid State Transformer Market, Incremental Opportunity, By Stage, 2021‒2031
Figure 57: Asia Pacific Solid State Transformer Market Projections by Voltage, Value (US$ Mn), 2017‒2031
Figure 58: Asia Pacific Solid State Transformer Market Share Analysis, by Voltage, 2021 and 2031
Figure 59: Asia Pacific Solid State Transformer Market, Incremental Opportunity, by Voltage, 2021‒2031
Figure 60: Asia Pacific Solid State Transformer Market Projections by Application, Value (US$ Mn), 2017‒2031
Figure 61: Asia Pacific Solid State Transformer Market Share Analysis, by Application, 2021 and 2031
Figure 62: Asia Pacific Solid State Transformer Market, Incremental Opportunity, by Application, 2021‒2031
Figure 63: Asia Pacific Solid State Transformer Market Projections by End-use Industry, Value (US$ Mn), 2017‒2031
Figure 64: Asia Pacific Solid State Transformer Market Share Analysis, by End-use Industry, 2021 and 2031
Figure 65: Asia Pacific Solid State Transformer Market, Incremental Opportunity, by End-use Industry, 2021‒2031
Figure 66: Asia Pacific Solid State Transformer Market Projections by Country and sub-region, Value (US$ Mn), 2017‒2031
Figure 67: Asia Pacific Solid State Transformer Market Share Analysis, by Country and sub-region 2021 and 2031
Figure 68: Asia Pacific Solid State Transformer Market, Incremental Opportunity, by Country and sub-region, 2021‒2031
Figure 69: Middle East & Africa Solid State Transformer Market Voltage & Forecast, Value (US$ Mn), 2017‒2031
Figure 70: Middle East & Africa Solid State Transformer Market Voltage & Forecast, Y-O-Y, Value (US$ Mn), 2017‒2031
Figure 71: Middle East & Africa Solid State Transformer Market Projections By Stage, Value (US$ Mn), 2017‒2031
Figure 72: Middle East & Africa Solid State Transformer Market Share Analysis, By Stage, 2021 and 2031
Figure 73: Middle East & Africa Solid State Transformer Market, Incremental Opportunity, By Stage, 2021‒2031
Figure 74: Middle East & Africa Solid State Transformer Market Projections by Voltage, Value (US$ Mn), 2017‒2031
Figure 75: Middle East & Africa Solid State Transformer Market Share Analysis, by Voltage, 2021 and 2031
Figure 76: Middle East & Africa Solid State Transformer Market, Incremental Opportunity, by Voltage, 2021‒2031
Figure 77: Middle East & Africa Solid State Transformer Market Projections by Application, Value (US$ Mn), 2017‒2031
Figure 78: Middle East & Africa Solid State Transformer Market Share Analysis, by Application, 2021 and 2031
Figure 79: Middle East & Africa Solid State Transformer Market, Incremental Opportunity, by Application, 2021‒2031
Figure 80: Middle East & Africa Solid State Transformer Market Projections by End-use Industry, Value (US$ Mn), 2017‒2031
Figure 81: Middle East & Africa Solid State Transformer Market Share Analysis, by End-use Industry, 2021 and 2031
Figure 82: Middle East & Africa Solid State Transformer Market, Incremental Opportunity, by End-use Industry, 2021‒2031
Figure 83: Middle East & Africa Solid State Transformer Market Projections by Country and sub-region, Value (US$ Mn), 2017‒2031
Figure 84: Middle East & Africa Solid State Transformer Market Share Analysis, by Country and sub-region 2021 and 2031
Figure 85: Middle East & Africa Solid State Transformer Market, Incremental Opportunity, by Country and sub-region, 2021‒2031
Figure 86: South America Solid State Transformer Market Voltage & Forecast, Value (US$ Mn), 2017‒2031
Figure 87: South America Solid State Transformer Market Voltage & Forecast, Y-O-Y, Value (US$ Mn), 2017‒2031
Figure 88: South America Solid State Transformer Market Projections By Stage, Value (US$ Mn), 2017‒2031
Figure 89: South America Solid State Transformer Market Share Analysis, By Stage, 2021 and 2031
Figure 90: South America Solid State Transformer Market, Incremental Opportunity, By Stage, 2021‒2031
Figure 91: South America Solid State Transformer Market Projections by Voltage, Value (US$ Mn), 2017‒2031
Figure 92: South America Solid State Transformer Market Share Analysis, by Voltage, 2021 and 2031
Figure 93: South America Solid State Transformer Market, Incremental Opportunity, by Voltage, 2021‒2031
Figure 94: South America Solid State Transformer Market Projections by Application, Value (US$ Mn), 2017‒2031
Figure 95: South America Solid State Transformer Market Share Analysis, by Application, 2021 and 2031
Figure 96: South America Solid State Transformer Market, Incremental Opportunity, by Application, 2021‒2031
Figure 97: South America Solid State Transformer Market Projections by End-use Industry, Value (US$ Mn), 2017‒2031
Figure 98: South America Solid State Transformer Market Share Analysis, by End-use Industry, 2021 and 2031
Figure 99: South America Solid State Transformer Market, Incremental Opportunity, by End-use Industry, 2021‒2031
Figure 100: South America Solid State Transformer Market Projections by Country and sub-region, Value (US$ Mn), 2017‒2031
Figure 101: South America Solid State Transformer Market Share Analysis, by Country and sub-region 2021 and 2031
Figure 102: South America Solid State Transformer Market, Incremental Opportunity, by Country and sub-region, 2021‒2031
Copyright © Transparency Market Research, Inc. All Rights reserved
Trust Online
Solid State Transformer Market
