Global Solid State Transformers (SST) Market Insights, Forecast to 2030

Publication ID:

PB507247111

Publication Date:

July 12, 2024

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 4,900.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

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.
Market Analysis and Insights: Global Solid State Transformers (SST) Market
The global Solid State Transformers (SST) market is projected to grow from US$ 369.1 million in 2024 to US$ 1217.1 million by 2030, at a Compound Annual Growth Rate (CAGR) of 22.0% during the forecast period.
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 Covers:
This report presents an overview of global market for Solid State Transformers (SST) market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Solid State Transformers (SST), also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Solid State Transformers (SST), and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Solid State Transformers (SST) revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Solid State Transformers (SST) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Solid State Transformers (SST) revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
ABB
Siemens
General electric
Segment by Type
Single-stage
Two-stage
Three-stage
Segment by Application
Alternative Power Generation
Smart Grid
Traction Locomotives
EV Charging
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, 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: Revenue of Solid State Transformers (SST) in global and regional 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 capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Solid State Transformers (SST) companies鈥� competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Solid State Transformers (SST) revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions

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Table Of Contents:

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Solid State Transformers (SST) Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Single-stage
1.2.3 Two-stage
1.2.4 Three-stage
1.3 Market by Application
1.3.1 Global Solid State Transformers (SST) Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Alternative Power Generation
1.3.3 Smart Grid
1.3.4 Traction Locomotives
1.3.5 EV Charging
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Solid State Transformers (SST) Market Perspective (2019-2030)
2.2 Global Solid State Transformers (SST) Growth Trends by Region
2.2.1 Solid State Transformers (SST) Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Solid State Transformers (SST) Historic Market Size by Region (2019-2024)
2.2.3 Solid State Transformers (SST) Forecasted Market Size by Region (2025-2030)
2.3 Solid State Transformers (SST) Market Dynamics
2.3.1 Solid State Transformers (SST) Industry Trends
2.3.2 Solid State Transformers (SST) Market Drivers
2.3.3 Solid State Transformers (SST) Market Challenges
2.3.4 Solid State Transformers (SST) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Solid State Transformers (SST) by Players
3.1.1 Global Solid State Transformers (SST) Revenue by Players (2019-2024)
3.1.2 Global Solid State Transformers (SST) Revenue Market Share by Players (2019-2024)
3.2 Global Solid State Transformers (SST) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Solid State Transformers (SST), Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Solid State Transformers (SST) Market Concentration Ratio
3.4.1 Global Solid State Transformers (SST) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Solid State Transformers (SST) Revenue in 2023
3.5 Global Key Players of Solid State Transformers (SST) Head office and Area Served
3.6 Global Key Players of Solid State Transformers (SST), Product and Application
3.7 Global Key Players of Solid State Transformers (SST), Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Solid State Transformers (SST) Breakdown Data by Type
4.1 Global Solid State Transformers (SST) Historic Market Size by Type (2019-2024)
4.2 Global Solid State Transformers (SST) Forecasted Market Size by Type (2025-2030)
5 Solid State Transformers (SST) Breakdown Data by Application
5.1 Global Solid State Transformers (SST) Historic Market Size by Application (2019-2024)
5.2 Global Solid State Transformers (SST) Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Solid State Transformers (SST) Market Size (2019-2030)
6.2 North America Solid State Transformers (SST) Market Size by Type
6.2.1 North America Solid State Transformers (SST) Market Size by Type (2019-2024)
6.2.2 North America Solid State Transformers (SST) Market Size by Type (2025-2030)
6.2.3 North America Solid State Transformers (SST) Market Share by Type (2019-2030)
6.3 North America Solid State Transformers (SST) Market Size by Application
6.3.1 North America Solid State Transformers (SST) Market Size by Application (2019-2024)
6.3.2 North America Solid State Transformers (SST) Market Size by Application (2025-2030)
6.3.3 North America Solid State Transformers (SST) Market Share by Application (2019-2030)
6.4 North America Solid State Transformers (SST) Market Size by Country
6.4.1 North America Solid State Transformers (SST) Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Solid State Transformers (SST) Market Size by Country (2019-2024)
6.4.3 North America Solid State Transformers (SST) Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Solid State Transformers (SST) Market Size (2019-2030)
7.2 Europe Solid State Transformers (SST) Market Size by Type
7.2.1 Europe Solid State Transformers (SST) Market Size by Type (2019-2024)
7.2.2 Europe Solid State Transformers (SST) Market Size by Type (2025-2030)
7.2.3 Europe Solid State Transformers (SST) Market Share by Type (2019-2030)
7.3 Europe Solid State Transformers (SST) Market Size by Application
7.3.1 Europe Solid State Transformers (SST) Market Size by Application (2019-2024)
7.3.2 Europe Solid State Transformers (SST) Market Size by Application (2025-2030)
7.3.3 Europe Solid State Transformers (SST) Market Share by Application (2019-2030)
7.4 Europe Solid State Transformers (SST) Market Size by Country
7.4.1 Europe Solid State Transformers (SST) Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Solid State Transformers (SST) Market Size by Country (2019-2024)
7.4.3 Europe Solid State Transformers (SST) Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Solid State Transformers (SST) Market Size (2019-2030)
8.2 China Solid State Transformers (SST) Market Size by Type
8.2.1 China Solid State Transformers (SST) Market Size by Type (2019-2024)
8.2.2 China Solid State Transformers (SST) Market Size by Type (2025-2030)
8.2.3 China Solid State Transformers (SST) Market Share by Type (2019-2030)
8.3 China Solid State Transformers (SST) Market Size by Application
8.3.1 China Solid State Transformers (SST) Market Size by Application (2019-2024)
8.3.2 China Solid State Transformers (SST) Market Size by Application (2025-2030)
8.3.3 China Solid State Transformers (SST) Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Solid State Transformers (SST) Market Size (2019-2030)
9.2 Asia Solid State Transformers (SST) Market Size by Type
9.2.1 Asia Solid State Transformers (SST) Market Size by Type (2019-2024)
9.2.2 Asia Solid State Transformers (SST) Market Size by Type (2025-2030)
9.2.3 Asia Solid State Transformers (SST) Market Share by Type (2019-2030)
9.3 Asia Solid State Transformers (SST) Market Size by Application
9.3.1 Asia Solid State Transformers (SST) Market Size by Application (2019-2024)
9.3.2 Asia Solid State Transformers (SST) Market Size by Application (2025-2030)
9.3.3 Asia Solid State Transformers (SST) Market Share by Application (2019-2030)
9.4 Asia Solid State Transformers (SST) Market Size by Region
9.4.1 Asia Solid State Transformers (SST) Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Solid State Transformers (SST) Market Size by Region (2019-2024)
9.4.3 Asia Solid State Transformers (SST) Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Solid State Transformers (SST) Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America Solid State Transformers (SST) Market Size by Type
10.2.1 Middle East, Africa, and Latin America Solid State Transformers (SST) Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Solid State Transformers (SST) Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Solid State Transformers (SST) Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Solid State Transformers (SST) Market Size by Application
10.3.1 Middle East, Africa, and Latin America Solid State Transformers (SST) Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Solid State Transformers (SST) Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Solid State Transformers (SST) Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Solid State Transformers (SST) Market Size by Country
10.4.1 Middle East, Africa, and Latin America Solid State Transformers (SST) Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Solid State Transformers (SST) Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Solid State Transformers (SST) Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Details
11.1.2 ABB Business Overview
11.1.3 ABB Solid State Transformers (SST) Introduction
11.1.4 ABB Revenue in Solid State Transformers (SST) Business (2019-2024)
11.1.5 ABB Recent Developments
11.2 Siemens
11.2.1 Siemens Company Details
11.2.2 Siemens Business Overview
11.2.3 Siemens Solid State Transformers (SST) Introduction
11.2.4 Siemens Revenue in Solid State Transformers (SST) Business (2019-2024)
11.2.5 Siemens Recent Developments
11.3 General electric
11.3.1 General electric Company Details
11.3.2 General electric Business Overview
11.3.3 General electric Solid State Transformers (SST) Introduction
11.3.4 General electric Revenue in Solid State Transformers (SST) Business (2019-2024)
11.3.5 General electric Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Companies Mentioned:

ABB
Siemens
General electric

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