Solid State Transformer Market

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 Perspective, Comprehensive Analysis, and Forecast, 2017—2024

Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-1286 Published Date: Jan-2019 Status : Published

Global solid state transformer market expected to reach approximately USD 495 million by 2024, at a CAGR of slightly above 24.8%between 2018 and 2024. The solid state transformer market is likely to be fuelled by the increase in the use of traction locomotives and electric vehicles and the rising priority of renewable energy source.

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