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Solid State Transformers Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Product Type (Distribution Solid State Transformer, Power Solid State Transformer, Traction Solid State Transformer); Application (Alternative Power Generation, Electric Vehicle Charging Stations, Power Distribution, Traction Locomotives, Others); End-User (Energy, Transportation, Others) and Geography
| Report Code: TIPRE00004349 | No. of Pages: 150 | Category: Electronics and Semiconductor | Status: Upcoming
Market Insights
Solid State Transformers Market 2028 By Product Type, Application, End-User and Geography | The Insight Partners
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A unique combination of high-powered semiconductor components, high-frequency transformers, and control circuitry is a solid state transformer. Solid state transformers are also known as smart transformers. These transformers provide flexibility for controlling various power distribution networks and also facilitate the smooth conversion of AC to DC and DC to AC. The smart transformers are used in a broad range of applications that include power grid and electric industries, alternative power generation and traction locomotives. Post the commercialization of smart transformers, the market for these transformers has witnessed rapid adoptions globally in the energy industry vertical.
MARKET DYNAMICS
Rising demands for efficient power supply and low-cost electricity is one of the major factors driving the adoptions of solid state transformers market. In addition, the growing installations of renewable energy sources, as well as smart grids across the globe, is also driving the growth in solid state transformers market. Higher initial costs of implementations coupled with lack of expertise on solid state transformers would act as a major barrier to the growth of the market. Increasing application of solid state transformers in the data centers coupled with larger data center deployments across the globe is anticipated to provide steady opportunities to the players operating in the solid state transformers market.
MARKET SCOPE
The "Global Solid State Transformers Market Analysis to 2028" is a specialized and in-depth study of electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Solid state transformers market with detailed market segmentation by product type, application, end-user, and geography. The global solid state transformers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Solid state transformers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global solid state transformers market is segmented on the basis of product type, application, and end-user. On the basis of product type, the solid state transformers market is segmented into distribution solid state transformer, power solid state transformer, and traction solid state transformer. The solid state transformers market on the basis of the application is classified into alternative power generation, electric vehicle charging stations, power distribution, traction locomotives, and others. Based on end-user, the solid state transformers market is segmented into energy, transportation, and others.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global solid state transformers market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The solid state transformers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region. The report analyzes factors affecting the solid state transformers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the solid state transformers market in these regions.
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MARKET PLAYERS
The reports cover key developments in the solid state transformers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from solid state transformers market are anticipated to lucrative growth opportunities in the future with the rising demand for solid state transformers in the global market. Below mentioned is the list of few companies engaged in the solid state transformers market. The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the solid state transformers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
ABB Ltd.
Alstom SA
Amantys Limited
Eaton Corporation Plc
General Electric Co.
GridBridge
Mitsubishi Electric Corporation
Schneider Electric SE
Siemens AG
Varentec, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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TABLE OF CONTENTS
1.INTRODUCTION 1.1.SCOPE OF THE STUDY 1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 1.3.MARKET SEGMENTATION 1.3.1Solid State Transformers Market - By Product Type 1.3.2Solid State Transformers Market - By Application 1.3.3Solid State Transformers Market - By End-User 1.3.4Solid State Transformers Market - By Region 1.3.4.1By Country
2.KEY TAKEWAYS
3.RESEARCH METHODOLOGY
4.SOLID STATE TRANSFORMERS MARKET LANDSCAPE 4.1.OVERVIEW 4.2.PEST ANALYSIS 4.2.1North America - Pest Analysis 4.2.2Europe - Pest Analysis 4.2.3Asia-Pacific - Pest Analysis 4.2.4Middle East and Africa - Pest Analysis 4.2.5South and Central America - Pest Analysis 4.3.ECOSYSTEM ANALYSIS 4.4.EXPERT OPINIONS
5.SOLID STATE TRANSFORMERS MARKET - KEY MARKET DYNAMICS 5.1.KEY MARKET DRIVERS 5.2.KEY MARKET RESTRAINTS 5.3.KEY MARKET OPPORTUNITIES 5.4.FUTURE TRENDS 5.5.IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6.SOLID STATE TRANSFORMERS MARKET - GLOBAL MARKET ANALYSIS 6.1.SOLID STATE TRANSFORMERS - GLOBAL MARKET OVERVIEW 6.2.SOLID STATE TRANSFORMERS - GLOBAL MARKET AND FORECAST TO 2028 6.3.MARKET POSITIONING/MARKET SHARE
7.SOLID STATE TRANSFORMERS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE 7.1.OVERVIEW 7.2.PRODUCT TYPE MARKET FORECASTS AND ANALYSIS 7.3.DISTRIBUTION SOLID STATE TRANSFORMER 7.3.1.Overview 7.3.2.Distribution Solid State Transformer Market Forecast and Analysis 7.4.POWER SOLID STATE TRANSFORMER 7.4.1.Overview 7.4.2.Power Solid State Transformer Market Forecast and Analysis 7.5.TRACTION SOLID STATE TRANSFORMER 7.5.1.Overview 7.5.2.Traction Solid State Transformer Market Forecast and Analysis 8.SOLID STATE TRANSFORMERS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION 8.1.OVERVIEW 8.2.APPLICATION MARKET FORECASTS AND ANALYSIS 8.3.ALTERNATIVE POWER GENERATION 8.3.1.Overview 8.3.2.Alternative Power Generation Market Forecast and Analysis 8.4.ELECTRIC VEHICLE CHARGING STATIONS 8.4.1.Overview 8.4.2.Electric Vehicle Charging Stations Market Forecast and Analysis 8.5.POWER DISTRIBUTION 8.5.1.Overview 8.5.2.Power Distribution Market Forecast and Analysis 8.6.TRACTION LOCOMOTIVES 8.6.1.Overview 8.6.2.Traction Locomotives Market Forecast and Analysis 8.7.OTHERS 8.7.1.Overview 8.7.2.Others Market Forecast and Analysis 9.SOLID STATE TRANSFORMERS MARKET - REVENUE AND FORECASTS TO 2028 - END-USER 9.1.OVERVIEW 9.2.END-USER MARKET FORECASTS AND ANALYSIS 9.3.ENERGY 9.3.1.Overview 9.3.2.Energy Market Forecast and Analysis 9.4.TRANSPORTATION 9.4.1.Overview 9.4.2.Transportation Market Forecast and Analysis 9.5.OTHERS 9.5.1.Overview 9.5.2.Others Market Forecast and Analysis
10.SOLID STATE TRANSFORMERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS 10.1.NORTH AMERICA 10.1.1North America Solid State Transformers Market Overview 10.1.2North America Solid State Transformers Market Forecasts and Analysis 10.1.3North America Solid State Transformers Market Forecasts and Analysis - By Product Type 10.1.4North America Solid State Transformers Market Forecasts and Analysis - By Application 10.1.5North America Solid State Transformers Market Forecasts and Analysis - By End-User 10.1.6North America Solid State Transformers Market Forecasts and Analysis - By Countries 10.1.6.1United States Solid State Transformers Market 10.1.6.1.1United States Solid State Transformers Market by Product Type 10.1.6.1.2United States Solid State Transformers Market by Application 10.1.6.1.3United States Solid State Transformers Market by End-User 10.1.6.2Canada Solid State Transformers Market 10.1.6.2.1Canada Solid State Transformers Market by Product Type 10.1.6.2.2Canada Solid State Transformers Market by Application 10.1.6.2.3Canada Solid State Transformers Market by End-User 10.1.6.3Mexico Solid State Transformers Market 10.1.6.3.1Mexico Solid State Transformers Market by Product Type 10.1.6.3.2Mexico Solid State Transformers Market by Application 10.1.6.3.3Mexico Solid State Transformers Market by End-User 10.2.EUROPE 10.2.1Europe Solid State Transformers Market Overview 10.2.2Europe Solid State Transformers Market Forecasts and Analysis 10.2.3Europe Solid State Transformers Market Forecasts and Analysis - By Product Type 10.2.4Europe Solid State Transformers Market Forecasts and Analysis - By Application 10.2.5Europe Solid State Transformers Market Forecasts and Analysis - By End-User 10.2.6Europe Solid State Transformers Market Forecasts and Analysis - By Countries 10.2.6.1Germany Solid State Transformers Market 10.2.6.1.1Germany Solid State Transformers Market by Product Type 10.2.6.1.2Germany Solid State Transformers Market by Application 10.2.6.1.3Germany Solid State Transformers Market by End-User 10.2.6.2France Solid State Transformers Market 10.2.6.2.1France Solid State Transformers Market by Product Type 10.2.6.2.2France Solid State Transformers Market by Application 10.2.6.2.3France Solid State Transformers Market by End-User 10.2.6.3Italy Solid State Transformers Market 10.2.6.3.1Italy Solid State Transformers Market by Product Type 10.2.6.3.2Italy Solid State Transformers Market by Application 10.2.6.3.3Italy Solid State Transformers Market by End-User 10.2.6.4United Kingdom Solid State Transformers Market 10.2.6.4.1United Kingdom Solid State Transformers Market by Product Type 10.2.6.4.2United Kingdom Solid State Transformers Market by Application 10.2.6.4.3United Kingdom Solid State Transformers Market by End-User 10.2.6.5Russia Solid State Transformers Market 10.2.6.5.1Russia Solid State Transformers Market by Product Type 10.2.6.5.2Russia Solid State Transformers Market by Application 10.2.6.5.3Russia Solid State Transformers Market by End-User 10.2.6.6Rest of Europe Solid State Transformers Market 10.2.6.6.1Rest of Europe Solid State Transformers Market by Product Type 10.2.6.6.2Rest of Europe Solid State Transformers Market by Application 10.2.6.6.3Rest of Europe Solid State Transformers Market by End-User 10.3.ASIA-PACIFIC 10.3.1Asia-Pacific Solid State Transformers Market Overview 10.3.2Asia-Pacific Solid State Transformers Market Forecasts and Analysis 10.3.3Asia-Pacific Solid State Transformers Market Forecasts and Analysis - By Product Type 10.3.4Asia-Pacific Solid State Transformers Market Forecasts and Analysis - By Application 10.3.5Asia-Pacific Solid State Transformers Market Forecasts and Analysis - By End-User 10.3.6Asia-Pacific Solid State Transformers Market Forecasts and Analysis - By Countries 10.3.6.1Australia Solid State Transformers Market 10.3.6.1.1Australia Solid State Transformers Market by Product Type 10.3.6.1.2Australia Solid State Transformers Market by Application 10.3.6.1.3Australia Solid State Transformers Market by End-User 10.3.6.2China Solid State Transformers Market 10.3.6.2.1China Solid State Transformers Market by Product Type 10.3.6.2.2China Solid State Transformers Market by Application 10.3.6.2.3China Solid State Transformers Market by End-User 10.3.6.3India Solid State Transformers Market 10.3.6.3.1India Solid State Transformers Market by Product Type 10.3.6.3.2India Solid State Transformers Market by Application 10.3.6.3.3India Solid State Transformers Market by End-User 10.3.6.4Japan Solid State Transformers Market 10.3.6.4.1Japan Solid State Transformers Market by Product Type 10.3.6.4.2Japan Solid State Transformers Market by Application 10.3.6.4.3Japan Solid State Transformers Market by End-User 10.3.6.5South Korea Solid State Transformers Market 10.3.6.5.1South Korea Solid State Transformers Market by Product Type 10.3.6.5.2South Korea Solid State Transformers Market by Application 10.3.6.5.3South Korea Solid State Transformers Market by End-User 10.3.6.6Rest of Asia-Pacific Solid State Transformers Market 10.3.6.6.1Rest of Asia-Pacific Solid State Transformers Market by Product Type 10.3.6.6.2Rest of Asia-Pacific Solid State Transformers Market by Application 10.3.6.6.3Rest of Asia-Pacific Solid State Transformers Market by End-User 10.4.MIDDLE EAST AND AFRICA 10.4.1Middle East and Africa Solid State Transformers Market Overview 10.4.2Middle East and Africa Solid State Transformers Market Forecasts and Analysis 10.4.3Middle East and Africa Solid State Transformers Market Forecasts and Analysis - By Product Type 10.4.4Middle East and Africa Solid State Transformers Market Forecasts and Analysis - By Application 10.4.5Middle East and Africa Solid State Transformers Market Forecasts and Analysis - By End-User 10.4.6Middle East and Africa Solid State Transformers Market Forecasts and Analysis - By Countries 10.4.6.1South Africa Solid State Transformers Market 10.4.6.1.1South Africa Solid State Transformers Market by Product Type 10.4.6.1.2South Africa Solid State Transformers Market by Application 10.4.6.1.3South Africa Solid State Transformers Market by End-User 10.4.6.2Saudi Arabia Solid State Transformers Market 10.4.6.2.1Saudi Arabia Solid State Transformers Market by Product Type 10.4.6.2.2Saudi Arabia Solid State Transformers Market by Application 10.4.6.2.3Saudi Arabia Solid State Transformers Market by End-User 10.4.6.3U.A.E Solid State Transformers Market 10.4.6.3.1U.A.E Solid State Transformers Market by Product Type 10.4.6.3.2U.A.E Solid State Transformers Market by Application 10.4.6.3.3U.A.E Solid State Transformers Market by End-User 10.4.6.4Rest of Middle East and Africa Solid State Transformers Market 10.4.6.4.1Rest of Middle East and Africa Solid State Transformers Market by Product Type 10.4.6.4.2Rest of Middle East and Africa Solid State Transformers Market by Application 10.4.6.4.3Rest of Middle East and Africa Solid State Transformers Market by End-User 10.5.SOUTH AND CENTRAL AMERICA 10.5.1South and Central America Solid State Transformers Market Overview 10.5.2South and Central America Solid State Transformers Market Forecasts and Analysis 10.5.3South and Central America Solid State Transformers Market Forecasts and Analysis - By Product Type 10.5.4South and Central America Solid State Transformers Market Forecasts and Analysis - By Application 10.5.5South and Central America Solid State Transformers Market Forecasts and Analysis - By End-User 10.5.6South and Central America Solid State Transformers Market Forecasts and Analysis - By Countries 10.5.6.1Brazil Solid State Transformers Market 10.5.6.1.1Brazil Solid State Transformers Market by Product Type 10.5.6.1.2Brazil Solid State Transformers Market by Application 10.5.6.1.3Brazil Solid State Transformers Market by End-User 10.5.6.2Argentina Solid State Transformers Market 10.5.6.2.1Argentina Solid State Transformers Market by Product Type 10.5.6.2.2Argentina Solid State Transformers Market by Application 10.5.6.2.3Argentina Solid State Transformers Market by End-User 10.5.6.3Rest of South and Central America Solid State Transformers Market 10.5.6.3.1Rest of South and Central America Solid State Transformers Market by Product Type 10.5.6.3.2Rest of South and Central America Solid State Transformers Market by Application 10.5.6.3.3Rest of South and Central America Solid State Transformers Market by End-User
11.INDUSTRY LANDSCAPE 11.1.MERGERS AND ACQUISITIONS 11.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES 11.3.NEW PRODUCT LAUNCHES 11.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12.SOLID STATE TRANSFORMERS MARKET, KEY COMPANY PROFILES 12.1.ABB LTD. 12.1.1.Key Facts 12.1.2.Business Description 12.1.3.Products and Services 12.1.4.Financial Overview 12.1.5.SWOT Analysis 12.1.6.Key Developments 12.2.ALSTOM SA 12.2.1.Key Facts 12.2.2.Business Description 12.2.3.Products and Services 12.2.4.Financial Overview 12.2.5.SWOT Analysis 12.2.6.Key Developments 12.3.AMANTYS LIMITED 12.3.1.Key Facts 12.3.2.Business Description 12.3.3.Products and Services 12.3.4.Financial Overview 12.3.5.SWOT Analysis 12.3.6.Key Developments 12.4.EATON CORPORATION PLC 12.4.1.Key Facts 12.4.2.Business Description 12.4.3.Products and Services 12.4.4.Financial Overview 12.4.5.SWOT Analysis 12.4.6.Key Developments 12.5.GENERAL ELECTRIC CO. 12.5.1.Key Facts 12.5.2.Business Description 12.5.3.Products and Services 12.5.4.Financial Overview 12.5.5.SWOT Analysis 12.5.6.Key Developments 12.6.GRIDBRIDGE 12.6.1.Key Facts 12.6.2.Business Description 12.6.3.Products and Services 12.6.4.Financial Overview 12.6.5.SWOT Analysis 12.6.6.Key Developments 12.7.MITSUBISHI ELECTRIC CORPORATION 12.7.1.Key Facts 12.7.2.Business Description 12.7.3.Products and Services 12.7.4.Financial Overview 12.7.5.SWOT Analysis 12.7.6.Key Developments 12.8.SCHNEIDER ELECTRIC SE 12.8.1.Key Facts 12.8.2.Business Description 12.8.3.Products and Services 12.8.4.Financial Overview 12.8.5.SWOT Analysis 12.8.6.Key Developments 12.9.SIEMENS AG 12.9.1.Key Facts 12.9.2.Business Description 12.9.3.Products and Services 12.9.4.Financial Overview 12.9.5.SWOT Analysis 12.9.6.Key Developments 12.10.VARENTEC, INC. 12.10.1.Key Facts 12.10.2.Business Description 12.10.3.Products and Services 12.10.4.Financial Overview 12.10.5.SWOT Analysis 12.10.6.Key Developments
13.APPENDIX 13.1.ABOUT THE INSIGHT PARTNERS 13.2.GLOSSARY OF TERMS
The List of Companies
1. ABB Ltd. 2. Alstom SA 3. Amantys Limited 4. Eaton Corporation Plc 5. General Electric Co. 6. GridBridge 7. Mitsubishi Electric Corporation 8. Schneider Electric SE 9. Siemens AG 10. Varentec, Inc.
