Solid State (Smart) Transformer Market 2018 Segments Research Report Till 2025
Description:Global Solid State (Smart) Transformer Market industry valued approximately USD 100.78 million in 2016 is anticipated to grow with a healthy growth rate of more than 25.12% over the forecast period 2017-2025. The shift from conventional transformers and increasing inclination for usage of solid state transformer or ‘super transformer’ is speculated to fuel the growth of the industry. The increasing advancements in smart-grids solutions are also expected to promote the growth positively.
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The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Product:
Distribution Solid State Transformer
Power Solid State Transformer
Traction Solid State Transformer
Component:
Converters
High-Frequency Transformer
Switches
Application:
Alternate Power Generation
Electric Vehicle Charging Stations
Power Distribution
Traction Locomotives
End-Use:
Energy
Transportation
Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
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Some of the key manufacturers involved in the market are General Electric, Cooper Power Systems, Mitsubishi Electric Corp., ABB Ltd., Siemens AG, Alstom, Schneider Electric SE, and GridBridge. New product launches focus on continuous technology innovations, acquisitions, and effective mergers are some of the strategies adopted by the key manufacturers. The companies are also trying to dominate the market by spending heavily in R&D for improved efficiency and dependability.
Target Audience of the Solid State (Smart) Transformer Market Study
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Some Point from Table of Content:
Chapter 1. Research Methodology
1.1. Research Process
1.1.1. Data Mining
1.1.2. Analysis
1.1.3. Market Estimation
1.1.4. Validation
1.1.5. Publishing
1.2. Research Assumption
Chapter 2. Global Solid State (Smart) Transformer Market Definition & Scope
2.1. Objective of The Study
2.2. Market Definition
2.3. Scope of The Study
2.4. Years Considered for The Study
2.5. Currency Conversion Rates
2.6. Report Limitation
Read more...
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