Press release
Solid State Transformers (SST) Market Size, Share, Development by 2023
Solid state transformer, also known as power electronic transformer (EPT), is a kind of electric power electronic transformation technology and electromagnetic induction principle based on the combination of high-frequency power conversion technology to achieve power characteristics of electricity into other Electric power characteristics of the static electrical equipment. Compared with the conventional transformer, EPT has many advantages, its outstanding feature is that the original current can be achieved, the side voltage and power of flexible control. EPT applied to the power system will improve the power quality; improve system stability, to achieve a flexible transmission and power market power flow under real-time control.
Click to view the full report TOC, figure and tables:
https://www.marketresearchreportstore.com/reports/2979/global-solid-state-transformers-sst-market
Global Solid State Transformers (SST) Market: Forecast by Type / Application / Region
The market of solid state transformers is expected to be driven by the adoption of solid state transformers and demand for alternative power generation, traction locomotives, and power distribution in addition to the electrical vehicle charging stations.
Currently, Europe and North America are the most active regions in the research and development of solid state transformers, leading by several traditional transformer vendors such as ABB, GE, Siemens and others. The European market is expected to account for the largest market share, followed by North America and the Asia-Pacific. The growth of the European market is expected to fuel by increasing installed capacity of renewable energy sources such as solar and wind energy. Europe is a prominent market for electric vehicle and the growth of electric vehicle charging stations further offers a huge growth opportunity for the solid state transformer market in this region.
Over the next five years, LPI(LP Information) projects that Solid State Transformers (SST) will register a 21.3% CAGR in terms of revenue, reach US$ 200 million by 2023, from US$ 77 million in 2017.
Global Solid State Transformers (SST) Market: Key Players
ABB
Siemens
General Electric
Ask for Discount on Research Report and Request Sample Copy of Report@
https://www.marketresearchreportstore.com/reports/2979/global-solid-state-transformers-sst-market
Related Information:
United States Solid State Transformers (SST) Market Research Report 2018
Europe Solid State Transformers (SST) Market Research Report 2018
North America Solid State Transformers (SST) Market Research Report 2018
Asia-Pacific Solid State Transformers (SST) Market Research Report 2018
China Solid State Transformers (SST) Market Research Report 2018
EMEA Solid State Transformers (SST) Market Research Report 2018
Global Solid State Transformers (SST) Market Research Report 2018
About Us:
Market Research Report Store (MRRS) is a professional organization related to market research reports in all directions .To provide customers with a variety of market research reports, MRRS cooperates with a large of famous market report publishers all over the world. Owing to our good service and the professional market reports in the wide range, MRRS enjoys a good reputation in the market. In pace with the development of MRRS, more and more customers and market report publishers choose to cooperate with us. As a specialized platform, MRRS upholds the supremacy of customers and aims to provide customers with better service and richer select.
Contact US :
Sales Director (Market Research Report Store)
E-mail: info@marketresearchreportstore.com
Tel: +86-15521064060 00852-58197708(HK)
Add: 17890 Castleton Street Suite 218 City of Industry CA 91748 United States
Website: https://www.marketresearchreportstore.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Solid State Transformers (SST) Market Size, Share, Development by 2023 here
News-ID: 1467455 • Views: …
More Releases from Market Research Report Store
Global and United States Food Corrugated Box Packaging Market Report & Forecast …
This report focuses on global and United States Food Corrugated Box Packaging market, also covers the segmentation data of other regions in regional level and county level.
Global Food Corrugated Box Packaging Scope and Market Size
Food Corrugated Box Packaging market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Food Corrugated Box Packaging market will be able to gain the upper hand as they use…
Polymer-coated Sulfur-coated Urea (PCSCU) Fertilizers Market Size, Share, Develo …
LP INFORMATION offers a latest published report on Polymer-coated Sulfur-coated Urea (PCSCU) Fertilizers Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
This intelligence Polymer-coated Sulfur-coated Urea (PCSCU) Fertilizers Market report by LP INFORMATION includes investigations based on the current scenarios, historical records, and future predictions. An accurate data of various aspects such as type, size, application, and end user have…
Global Micro and Mini LED Display Market Expected to Witness a Sustainable Growt …
Market Research Report Store offers a latest published report on Micro and Mini LED Display Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
This study mainly helps understand which market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize growth and profitability. The report presents the market competitive landscape and…
Global COPD and Asthma Drug Devices Market to Witness a Pronounce Growth During …
Market Research Report Store offers a latest published report on COPD and Asthma Drug Devices Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
This study mainly helps understand which market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize growth and profitability. The report presents the market competitive landscape and…
More Releases for Solid
Solid-State Battery Market to Witness Huge Growth by 2031 - Excellatron Solid St …
DataM Intelligence has published a new research report on "Solid-State Battery Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
Get a Free Sample Research PDF -…
Polymer-Based Solid State Battery Market With In-Detailed Competitor Analysis, F …
WMR has released a report titled "Polymer-Based Solid State Battery Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2031", which includes market percentage records and a thorough enterprise analysis. This report looks at the market's competition, geographic distribution, and growth potential. This comprehensive report encompasses industry performance, critical success factors, risk assessment, manufacturing prerequisites, project expenses, economic analysis, anticipated return on investment (ROI), and profit margins.
This comprehensive report delves…
Solid of Sodium Methylate Market Solid of Sodium Methylate Market Size and Forec …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Solid of Sodium Methylate Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
The Solid of Sodium Methylate market encompasses the production, distribution, and utilization of solid forms of sodium methylate, a versatile chemical compound with…
Solid State Battery Market Financial Insights, Business Growth Strategies | Robe …
Exactitude Consultancy, the market research has completed and published the final copy of the detailed research report on the Solid State Battery Market. The Solid State Battery Market is expected to register a CAGR of over 36.01% over the forecast period.
According to a recent report published by Exactitude Consultancy, titled, "Solid State Battery Market by Type (Thin Film Battery, Portable Battery) Capacity (Below 20mAh, 20mAh-500mAh, above 500mAh) Application Consumer Electronics,…
Thin Film Solid State Battery Market Size 2022 By Top Key Players -Solid Power, …
A solid state battery has a better energy density than a lithium-ion battery that uses a liquid electrolyte solution. There is no need for safety components because there is no threat of an explosion or fire, which frees up space. The battery's capacity can then be increased by adding more active materials because there is more room for them. A solid state battery increases energy density per unit area since…
Folklift Solid Tire Market Forecast Report on Folklift Solid Tire Market 2020-20 …
The global Folklift Solid Tire market 2020 mainly focuses on the market trend, market share, size and forecast. It is a brief and professional analysis on the current scenario of the Global Folklift Solid Tire market.
The report on Folklift Solid Tire market is a comprehensive study on global market analysis and insights. The report focuses on the emerging trends in the global and regional spaces on all the significant components,…
