Solid State Transformer Market by Product (Distribution Solid State Transformer, Traction Solid State Transformer, and Power Solid State Transformer), by Component (Converters, Switches, High-Frequency Transformers, and Others), and by Application (Electric Vehicle (EV) Charging Stations, Traction Locomotives, Alternative Power Generation, Power (Distribution) Grid, and Others)-Global Industry Analytics, COVID-19 Business Impact, and Trends, 2017—2024

                                          
Abstract
                    
The report covers a forecast and an analysis of the solid state transformer market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints of the solid state transformer market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the solid state transformer market on a global level.

This report offers a comprehensive view of the global solid state transformer market along with market trends, drivers, and restraints of the market. This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the solid state transformer market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.


The study provides a decisive view of the solid state transformer market by segmenting the market based on product, component, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. By product, this market includes power solid state transformer, traction solid state transformer, and distribution solid state transformer. By component, the solid state transformer market is classified into high-frequency transformers, converters, switches, and others. By application, the market includes electric vehicle charging, charging stations, traction locomotives, and alternative power generation. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Some significant players of the global solid state transformer market are Cooper Power Systems, Siemens AG, ABB Ltd., General Electric Co., Alstom SA, Schneider Electric, and Mitsubishi Electric Corporation, among others.

This report segments the global solid state transformer market into:

Solid State Transformer Market: Product Analysis

	Distribution Solid State Transformer 
	Traction Solid State Transformer
	Power Solid State Transformer

Solid State Transformer Market: Component Analysis

	Converters
	
		AC to DC Converters
		DC to AC Converters
		DC to DC Converters
		AC to AC Converters
	
	
	Switches 
	
		SIC power Mosfets
		Power Diodes
		Insulated-Gate Bipolar Transistors (IGBTS)
		Sic Power Thyristors
	
	
	High-Frequency Transformers
	Others

Solid State Transformer Market: Application Analysis

	Traction Locomotives 
	Power (Distribution) Grid 
	Electric Vehicle (EV) Charging Stations 
	Alternative Power Generation 
	
		Wind Power
		Solar Power
		Tidal Power
	
	
	Others

Solid State Transformer Market: Regional Analysis

	North America
	
		The U.S.
	
	
	Europe
	
		UK
		France
		Germany
	
	
	Asia Pacific
	
		China
		Japan
		India
	
	
	Latin America
	
		Brazil
	
	
	Middle East and Africa