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.
The global Power Electronic Transformer market was valued at US$ 298 million in 2022 and is anticipated to reach US$ 773.8 million by 2029, witnessing a CAGR of 14.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Solid State Transformers (SST) market include ABB, Siemens, General electric, etc. North America, Asia-Pacific and Europe are main markets. Two-stage and Three-stage are two main types, with a share about 90%. Alternative Power Generation and Smart Grid are two key applications, which hold a share about 70%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Power Electronic Transformer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Power Electronic Transformer.
The Power Electronic Transformer market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Power Electronic Transformer market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Power Electronic Transformer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
ABB
Siemens
GE
Segment by Type
Single-stage
Two-stage
Three-stage
Segment by Application
Smart Grid
Traction Locomotives
EV Charging
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by type, by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Power Electronic Transformer manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Power Electronic Transformer by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Power Electronic Transformer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Power Electronic Transformer Market Overview
1.1 Product Definition
1.2 Power Electronic Transformer Segment by Type
1.2.1 Global Power Electronic Transformer Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Single-stage
1.2.3 Two-stage
1.2.4 Three-stage
1.3 Power Electronic Transformer Segment by Application
1.3.1 Global Power Electronic Transformer Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Smart Grid
1.3.3 Traction Locomotives
1.3.4 EV Charging
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Power Electronic Transformer Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Power Electronic Transformer Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Power Electronic Transformer Production Estimates and Forecasts (2018-2029)
1.4.4 Global Power Electronic Transformer Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Power Electronic Transformer Production Market Share by Manufacturers (2018-2023)
2.2 Global Power Electronic Transformer Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Power Electronic Transformer, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Power Electronic Transformer Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Power Electronic Transformer Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Power Electronic Transformer, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Power Electronic Transformer, Product Offered and Application
2.8 Global Key Manufacturers of Power Electronic Transformer, Date of Enter into This Industry
2.9 Power Electronic Transformer Market Competitive Situation and Trends
2.9.1 Power Electronic Transformer Market Concentration Rate
2.9.2 Global 5 and 10 Largest Power Electronic Transformer Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Power Electronic Transformer Production by Region
3.1 Global Power Electronic Transformer Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Power Electronic Transformer Production Value by Region (2018-2029)
3.2.1 Global Power Electronic Transformer Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Power Electronic Transformer by Region (2024-2029)
3.3 Global Power Electronic Transformer Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Power Electronic Transformer Production by Region (2018-2029)
3.4.1 Global Power Electronic Transformer Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Power Electronic Transformer by Region (2024-2029)
3.5 Global Power Electronic Transformer Market Price Analysis by Region (2018-2023)
3.6 Global Power Electronic Transformer Production and Value, Year-over-Year Growth
3.6.1 North America Power Electronic Transformer Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Power Electronic Transformer Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Power Electronic Transformer Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Power Electronic Transformer Production Value Estimates and Forecasts (2018-2029)
4 Power Electronic Transformer Consumption by Region
4.1 Global Power Electronic Transformer Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Power Electronic Transformer Consumption by Region (2018-2029)
4.2.1 Global Power Electronic Transformer Consumption by Region (2018-2023)
4.2.2 Global Power Electronic Transformer Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Power Electronic Transformer Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Power Electronic Transformer Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Power Electronic Transformer Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Power Electronic Transformer Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Power Electronic Transformer Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Power Electronic Transformer Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Power Electronic Transformer Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Power Electronic Transformer Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Power Electronic Transformer Production by Type (2018-2029)
5.1.1 Global Power Electronic Transformer Production by Type (2018-2023)
5.1.2 Global Power Electronic Transformer Production by Type (2024-2029)
5.1.3 Global Power Electronic Transformer Production Market Share by Type (2018-2029)
5.2 Global Power Electronic Transformer Production Value by Type (2018-2029)
5.2.1 Global Power Electronic Transformer Production Value by Type (2018-2023)
5.2.2 Global Power Electronic Transformer Production Value by Type (2024-2029)
5.2.3 Global Power Electronic Transformer Production Value Market Share by Type (2018-2029)
5.3 Global Power Electronic Transformer Price by Type (2018-2029)
6 Segment by Application
6.1 Global Power Electronic Transformer Production by Application (2018-2029)
6.1.1 Global Power Electronic Transformer Production by Application (2018-2023)
6.1.2 Global Power Electronic Transformer Production by Application (2024-2029)
6.1.3 Global Power Electronic Transformer Production Market Share by Application (2018-2029)
6.2 Global Power Electronic Transformer Production Value by Application (2018-2029)
6.2.1 Global Power Electronic Transformer Production Value by Application (2018-2023)
6.2.2 Global Power Electronic Transformer Production Value by Application (2024-2029)
6.2.3 Global Power Electronic Transformer Production Value Market Share by Application (2018-2029)
6.3 Global Power Electronic Transformer Price by Application (2018-2029)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Power Electronic Transformer Corporation Information
7.1.2 ABB Power Electronic Transformer Product Portfolio
7.1.3 ABB Power Electronic Transformer Production, Value, Price and Gross Margin (2018-2023)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens Power Electronic Transformer Corporation Information
7.2.2 Siemens Power Electronic Transformer Product Portfolio
7.2.3 Siemens Power Electronic Transformer Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 GE
7.3.1 GE Power Electronic Transformer Corporation Information
7.3.2 GE Power Electronic Transformer Product Portfolio
7.3.3 GE Power Electronic Transformer Production, Value, Price and Gross Margin (2018-2023)
7.3.4 GE Main Business and Markets Served
7.3.5 GE Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Power Electronic Transformer Industry Chain Analysis
8.2 Power Electronic Transformer Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Power Electronic Transformer Production Mode & Process
8.4 Power Electronic Transformer Sales and Marketing
8.4.1 Power Electronic Transformer Sales Channels
8.4.2 Power Electronic Transformer Distributors
8.5 Power Electronic Transformer Customers
9 Power Electronic Transformer Market Dynamics
9.1 Power Electronic Transformer Industry Trends
9.2 Power Electronic Transformer Market Drivers
9.3 Power Electronic Transformer Market Challenges
9.4 Power Electronic Transformer Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
ABB
Siemens
GE
听
听
*If Applicable.