Solid State Transformer Market Size- By Type, By Voltage Level, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Solid State Transformer Market Introduction and Overview

According to SPER Market Research, 'Solid State Transformer Market Size- By Type, By Voltage Level, By Application, By End User, - Regional Outlook, Competitive Strategies and Segment Forecast to 2033'states that the Global Solid State Transformer Market is estimated to reach USD 335.48 billion by 2033 with a CAGR of 10.61%.

An AC-to-AC converter, or solid-state transformer (SST) is a kind of electric power converter that takes the role of a traditional transformer in the distribution of AC electricity. Since it runs at a higher frequency than a regular transformer, it can be smaller and more efficient than a conventional transformer even if it is more complex while running at utility frequency. The two primary varieties are AC-to-DC-to-DC-to-AC (in which an active rectifier provides power to a DC-to-DC converter, which provides power to a power inverter) and "true" AC-to-AC (with no DC steps).

Before COVID-19 increase can be attributed to rising investments in renewable energy sources and the growing demand for electric automobiles. But due to the total lockdown, there were no raw materials available for making electrical equipment, and the transit of equipment and completed goods has been severely disrupted. This is anticipated to have a detrimental effect on the solid state transformer market during the pandemic.

Scope of the Report:

Report Metric Details

Market size available for years 2020-2033

Base year considered 2023

Forecast period 2024-2033

Segments covered By Type, By Voltage Level, By Application, By End-User

Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered ABB, Eaton, General Electric, GRIDBRIDGE, MASCHINENFABRIK REINHAUSEN GMBH, Mitsubishi Electric Corporation, Schneider Electric, Siemens, and Varentec, Inc., Others.

Global Solid State Transformer Market Segmentation:

By Type: Based on the Type, Global Solid State Transformer Market is segmented as; Distribution Solid State Transformer, Power Solid State Transformer, Traction Solid State Transformer.

By Voltage Level: Based on the Product, Global Solid State Transformer Market is segmented as; HV/MV, MV/LV.

By End-Users: Based on the End-Users, Global Solid State Transformer Market is segmented as; Energy Transportation, Others.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

Product Code: SEMI2419

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Solid State Transformer Market.

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Solid State Transformer Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Solid State Transformer Market

7. Global Solid State Transformer Market, By Type (USD Million) 2020-2033

7.1. Global Solid State Transformer Market Size, Share and Forecast, By Type, 2020-2026
7.2. Global Solid State Transformer Market Size, Share and Forecast, By Type, 2027-2033
7.3. Distribution Solid State Transformer
7.4. Power Solid State Transformer
7.5. Traction Solid State Transformer

8. Global Solid State Transformer Market, By Voltage Level (USD Million) 2020-2033

8.1. Global Solid State Transformer Market Size, Share and Forecast, By Voltage Level, 2020-2026
8.2. Global Solid State Transformer Market Size, Share and Forecast, By Voltage Level, 2027-2033
8.3. HV/MV
8.4. MV/LV

9. Global Solid State Transformer Market, By Application (USD Million) 2020-2033

9.1. Global Solid State Transformer Market Size, Share and Forecast, By Application, 2020-2026
9.2. Global Solid State Transformer Market Size, Share and Forecast, By Application, 2027-2033
9.3. Alternative Power Generation
9.4. Electric Vehicle Charging Stations
9.5. Power Distribution
9.6. Traction Locomotives

10. Global Solid State Transformer Market, By End-Users (USD Million) 2020-2033

10.1. Global Solid State Transformer Market Size, Share and Forecast, By End-Users, 2020-2026
10.2. Global Solid State Transformer Market Size, Share and Forecast, By End-Users, 2027-2033
10.3. Energy Transportation
10.4. Others

11. Global Solid State Transformer Market Forecast, 2020-2033 (USD Million)

11.1. Global Solid State Transformer Market Size and Market Share

12. Global Solid State Transformer Market, By Region, 2020-2033 (USD Million)

12.1. Global Solid State Transformer Market Size and Market Share By Region (2020-2026)
12.2. Global Solid State Transformer Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific
- 12.3.1. Australia
- 12.3.2. China
- 12.3.3. India
- 12.3.4. Japan
- 12.3.5. South Korea
- 12.3.6. Rest of Asia-Pacific
12.4. Europe
- 12.4.1. France
- 12.4.2. Germany
- 12.4.3. Italy
- 12.4.4. Spain
- 12.4.5. United Kingdom
- 12.4.6. Rest of Europe
12.5. Middle East and Africa
- 12.5.1. Kingdom of Saudi Arabia
- 12.5.2. United Arab Emirates
- 12.5.3. Qatar
- 12.5.4. South Africa
- 12.5.5. Egypt
- 12.5.6. Morocco
- 12.5.7. Nigeria
- 12.5.8. Rest of Middle-East and Africa
12.6. North America
- 12.6.1. Canada
- 12.6.2. Mexico
- 12.6.3. United States
12.7. Latin America
- 12.7.1. Argentina
- 12.7.2. Brazil
- 12.7.3. Rest of Latin America

13. Company Profile

13.1. ABB
- 13.1.1. Company details
- 13.1.2. Financial outlook
- 13.1.3. Product summary
- 13.1.4. Recent developments
13.2. EATON
- 13.2.1. Company details
- 13.2.2. Financial outlook
- 13.2.3. Product summary
- 13.2.4. Recent developments
13.3. GENERAL ELECTRIC
- 13.3.1. Company details
- 13.3.2. Financial outlook
- 13.3.3. Product summary
- 13.3.4. Recent developments
13.4. GRIDBRIDGE
- 13.4.1. Company details
- 13.4.2. Financial outlook
- 13.4.3. Product summary
- 13.4.4. Recent developments
13.5. MASCHINENFABRIK REINHAUSEN GMBH
- 13.5.1. Company details
- 13.5.2. Financial outlook
- 13.5.3. Product summary
- 13.5.4. Recent developments
13.6. MITSUBISHI ELECTRIC CORPORATION
- 13.6.1. Company details
- 13.6.2. Financial outlook
- 13.6.3. Product summary
- 13.6.4. Recent developments
13.7. SCHNEIDER ELECTRIC
- 13.7.1. Company details
- 13.7.2. Financial outlook
- 13.7.3. Product summary
- 13.7.4. Recent developments
13.8. SIEMENS
- 13.8.1. Company details
- 13.8.2. Financial outlook
- 13.8.3. Product summary
- 13.8.4. Recent developments
13.9. VARENTIC INC
- 13.9.1. Company details
- 13.9.2. Financial outlook
- 13.9.3. Product summary
- 13.9.4. Recent developments
13.10. Others