Solid State Transformers (SST) Market - Global Outlook and Forecast 2022-2028

Publisher Name :
Date: 19-Jan-2022
No. of pages: 69

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.

This report contains market size and forecasts of Solid State Transformers (SST) in Global, including the following market information:

Global Solid State Transformers (SST) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Solid State Transformers (SST) market was valued at 306.6 million in 2021 and is projected to reach US$ 1168.1 million by 2028, at a CAGR of 21.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Single-stage Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Solid State Transformers (SST) include ABB, Siemens and General electric, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Solid State Transformers (SST) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Solid State Transformers (SST) Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Solid State Transformers (SST) Market Segment Percentages, by Type, 2021 (%)

- Single-stage

- Two-stage

- Three-stage

Global Solid State Transformers (SST) Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Solid State Transformers (SST) Market Segment Percentages, by Application, 2021 (%)

- Alternative Power Generation

- Smart Grid

- Traction Locomotives

- EV Charging

- Others

Global Solid State Transformers (SST) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Solid State Transformers (SST) Market Segment Percentages, By Region and Country, 2021 (%)

- North America

- - US

- - Canada

- - Mexico

- Europe

- - Germany

- - France

- - U.K.

- - Italy

- - Russia

- - Nordic Countries

- - Benelux

- - Rest of Europe

- Asia

- - China

- - Japan

- - South Korea

- - Southeast Asia

- - India

- - Rest of Asia

- South America

- - Brazil

- - Argentina

- - Rest of South America

- Middle East & Africa

- - Turkey

- - Israel

- - Saudi Arabia

- - UAE

- - Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Solid State Transformers (SST) revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Solid State Transformers (SST) revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

- ABB

- Siemens

- General electric

Solid State Transformers (SST) Market - Global Outlook and Forecast 2022-2028

Table of Contents

1 Introduction to Research & Analysis Reports
1.1 Solid State Transformers (SST) Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Solid State Transformers (SST) Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Solid State Transformers (SST) Overall Market Size
2.1 Global Solid State Transformers (SST) Market Size: 2021 VS 2028
2.2 Global Solid State Transformers (SST) Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Solid State Transformers (SST) Players in Global Market
3.2 Top Global Solid State Transformers (SST) Companies Ranked by Revenue
3.3 Global Solid State Transformers (SST) Revenue by Companies
3.4 Top 3 and Top 5 Solid State Transformers (SST) Companies in Global Market, by Revenue in 2021
3.5 Global Companies Solid State Transformers (SST) Product Type
3.6 Tier 1, Tier 2 and Tier 3 Solid State Transformers (SST) Players in Global Market
3.6.1 List of Global Tier 1 Solid State Transformers (SST) Companies
3.6.2 List of Global Tier 2 and Tier 3 Solid State Transformers (SST) Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global Solid State Transformers (SST) Market Size Markets, 2021 & 2028
4.1.2 Single-stage
4.1.3 Two-stage
4.1.4 Three-stage
4.2 By Type - Global Solid State Transformers (SST) Revenue & Forecasts
4.2.1 By Type - Global Solid State Transformers (SST) Revenue, 2017-2022
4.2.2 By Type - Global Solid State Transformers (SST) Revenue, 2023-2028
4.2.3 By Type - Global Solid State Transformers (SST) Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Solid State Transformers (SST) Market Size, 2021 & 2028
5.1.2 Alternative Power Generation
5.1.3 Smart Grid
5.1.4 Traction Locomotives
5.1.5 EV Charging
5.1.6 Others
5.2 By Application - Global Solid State Transformers (SST) Revenue & Forecasts
5.2.1 By Application - Global Solid State Transformers (SST) Revenue, 2017-2022
5.2.2 By Application - Global Solid State Transformers (SST) Revenue, 2023-2028
5.2.3 By Application - Global Solid State Transformers (SST) Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global Solid State Transformers (SST) Market Size, 2021 & 2028
6.2 By Region - Global Solid State Transformers (SST) Revenue & Forecasts
6.2.1 By Region - Global Solid State Transformers (SST) Revenue, 2017-2022
6.2.2 By Region - Global Solid State Transformers (SST) Revenue, 2023-2028
6.2.3 By Region - Global Solid State Transformers (SST) Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America Solid State Transformers (SST) Revenue, 2017-2028
6.3.2 US Solid State Transformers (SST) Market Size, 2017-2028
6.3.3 Canada Solid State Transformers (SST) Market Size, 2017-2028
6.3.4 Mexico Solid State Transformers (SST) Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe Solid State Transformers (SST) Revenue, 2017-2028
6.4.2 Germany Solid State Transformers (SST) Market Size, 2017-2028
6.4.3 France Solid State Transformers (SST) Market Size, 2017-2028
6.4.4 U.K. Solid State Transformers (SST) Market Size, 2017-2028
6.4.5 Italy Solid State Transformers (SST) Market Size, 2017-2028
6.4.6 Russia Solid State Transformers (SST) Market Size, 2017-2028
6.4.7 Nordic Countries Solid State Transformers (SST) Market Size, 2017-2028
6.4.8 Benelux Solid State Transformers (SST) Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia Solid State Transformers (SST) Revenue, 2017-2028
6.5.2 China Solid State Transformers (SST) Market Size, 2017-2028
6.5.3 Japan Solid State Transformers (SST) Market Size, 2017-2028
6.5.4 South Korea Solid State Transformers (SST) Market Size, 2017-2028
6.5.5 Southeast Asia Solid State Transformers (SST) Market Size, 2017-2028
6.5.6 India Solid State Transformers (SST) Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America Solid State Transformers (SST) Revenue, 2017-2028
6.6.2 Brazil Solid State Transformers (SST) Market Size, 2017-2028
6.6.3 Argentina Solid State Transformers (SST) Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Solid State Transformers (SST) Revenue, 2017-2028
6.7.2 Turkey Solid State Transformers (SST) Market Size, 2017-2028
6.7.3 Israel Solid State Transformers (SST) Market Size, 2017-2028
6.7.4 Saudi Arabia Solid State Transformers (SST) Market Size, 2017-2028
6.7.5 UAE Solid State Transformers (SST) Market Size, 2017-2028
7 Players Profiles
7.1 ABB
7.1.1 ABB Corporate Summary
7.1.2 ABB Business Overview
7.1.3 ABB Solid State Transformers (SST) Major Product Offerings
7.1.4 ABB Solid State Transformers (SST) Revenue in Global Market (2017-2022)
7.1.5 ABB Key News
7.2 Siemens
7.2.1 Siemens Corporate Summary
7.2.2 Siemens Business Overview
7.2.3 Siemens Solid State Transformers (SST) Major Product Offerings
7.2.4 Siemens Solid State Transformers (SST) Revenue in Global Market (2017-2022)
7.2.5 Siemens Key News
7.3 General electric
7.3.1 General electric Corporate Summary
7.3.2 General electric Business Overview
7.3.3 General electric Solid State Transformers (SST) Major Product Offerings
7.3.4 General electric Solid State Transformers (SST) Revenue in Global Market (2017-2022)
7.3.5 General electric Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List of Tables
Table 1. Solid State Transformers (SST) Market Opportunities & Trends in Global Market
Table 2. Solid State Transformers (SST) Market Drivers in Global Market
Table 3. Solid State Transformers (SST) Market Restraints in Global Market
Table 4. Key Players of Solid State Transformers (SST) in Global Market
Table 5. Top Solid State Transformers (SST) Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Solid State Transformers (SST) Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Solid State Transformers (SST) Revenue Share by Companies, 2017-2022
Table 8. Global Companies Solid State Transformers (SST) Product Type
Table 9. List of Global Tier 1 Solid State Transformers (SST) Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Solid State Transformers (SST) Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type - Global Solid State Transformers (SST) Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Solid State Transformers (SST) Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Solid State Transformers (SST) Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application - Global Solid State Transformers (SST) Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Solid State Transformers (SST) Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Solid State Transformers (SST) Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region - Global Solid State Transformers (SST) Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Solid State Transformers (SST) Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Solid State Transformers (SST) Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Solid State Transformers (SST) Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Solid State Transformers (SST) Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Solid State Transformers (SST) Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Solid State Transformers (SST) Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Solid State Transformers (SST) Revenue, (US$, Mn), 2023-2028
Table 30. ABB Corporate Summary
Table 31. ABB Solid State Transformers (SST) Product Offerings
Table 32. ABB Solid State Transformers (SST) Revenue (US$, Mn), (2017-2022)
Table 33. Siemens Corporate Summary
Table 34. Siemens Solid State Transformers (SST) Product Offerings
Table 35. Siemens Solid State Transformers (SST) Revenue (US$, Mn), (2017-2022)
Table 36. General electric Corporate Summary
Table 37. General electric Solid State Transformers (SST) Product Offerings
Table 38. General electric Solid State Transformers (SST) Revenue (US$, Mn), (2017-2022)
List of Figures
Figure 1. Solid State Transformers (SST) Segment by Type in 2021
Figure 2. Solid State Transformers (SST) Segment by Application in 2021
Figure 3. Global Solid State Transformers (SST) Market Overview: 2020
Figure 4. Key Caveats
Figure 5. Global Solid State Transformers (SST) Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Solid State Transformers (SST) Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Solid State Transformers (SST) Revenue in 2021
Figure 8. By Type - Global Solid State Transformers (SST) Revenue Market Share, 2017-2028
Figure 9. By Application - Global Solid State Transformers (SST) Revenue Market Share, 2017-2028
Figure 10. By Region - Global Solid State Transformers (SST) Revenue Market Share, 2017-2028
Figure 11. By Country - North America Solid State Transformers (SST) Revenue Market Share, 2017-2028
Figure 12. US Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Solid State Transformers (SST) Revenue Market Share, 2017-2028
Figure 16. Germany Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 17. France Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Solid State Transformers (SST) Revenue Market Share, 2017-2028
Figure 24. China Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 28. India Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Solid State Transformers (SST) Revenue Market Share, 2017-2028
Figure 30. Brazil Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Solid State Transformers (SST) Revenue Market Share, 2017-2028
Figure 33. Turkey Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Solid State Transformers (SST) Revenue, (US$, Mn), 2017-2028
Figure 37. ABB Solid State Transformers (SST) Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Siemens Solid State Transformers (SST) Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. General electric Solid State Transformers (SST) Revenue Year Over Year Growth (US$, Mn) & (2017-2022)

  • Global Transformer Monitoring Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 81
    A transformer is an electrical equipment that helps in varying The voltage of The electric current. This stepping up and stepping down of The voltage is especially important when a safe amount of electric current is required to be supplied to The end users. In order to ensure continuous and safe transmission of electricity from The power generation plant to The end users, The transformers utilized for this purpose have to be monitored continuously in real time. This is achieved by installing a t......
  • Global Transformer Monitoring System Market Research Report 2024
    Published: 08-Jan-2024        Price: US 2900 Onwards        Pages: 104
    A transformer is an electrical equipment that helps in varying The voltage of The electric current. This stepping up and stepping down of The voltage is especially important when a safe amount of electric current is required to be supplied to The end users. In order to ensure continuous and safe transmission of electricity from The power generation plant to The end users, The transformers utilized for this purpose have to be monitored continuously in real time. This is achieved by installing a t......
  • Global Phase Shifting Transformers Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 89
    According to our LPI (LP Information) latest study, the global Phase Shifting Transformers market size was valued at US$ 94 million in 2023. With growing demand in downstream market, the Phase Shifting Transformers is forecast to a readjusted size of US$ 149.3 million by 2030 with a CAGR of 6.8% during review period. The research report highlights the growth potential of the global Phase Shifting Transformers market. Phase Shifting Transformers are expected to show stable growth in the f......
  • Global Magneto Optic Current Transformer Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 93
    According to our LPI (LP Information) latest study, the global Magneto Optic Current Transformer market size was valued at US$ 215.2 million in 2023. With growing demand in downstream market, the Magneto Optic Current Transformer is forecast to a readjusted size of US$ 381.1 million by 2030 with a CAGR of 8.5% during review period. The research report highlights the growth potential of the global Magneto Optic Current Transformer market. Magneto Optic Current Transformer are expected to ......
  • Global Transformer Monitoring System Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 108
    According to our LPI (LP Information) latest study, the global Transformer Monitoring System market size was valued at US$ 2191.7 million in 2023. With growing demand in downstream market, the Transformer Monitoring System is forecast to a readjusted size of US$ 2872.9 million by 2030 with a CAGR of 3.9% during review period. The research report highlights the growth potential of the global Transformer Monitoring System market. Transformer Monitoring System are expected to show stable gr......
  • Global Power Transformers Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 151
    According to our LPI (LP Information) latest study, the global Power Transformers market size was valued at US$ 903.4 million in 2023. With growing demand in downstream market, the Power Transformers is forecast to a readjusted size of US$ 1278.3 million by 2030 with a CAGR of 5.1% during review period. The research report highlights the growth potential of the global Power Transformers market. Power Transformers are expected to show stable growth in the future market. However, product d......
  • Global Switch Mode Power Supply Transformers Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 157
    According to our LPI (LP Information) latest study, the global Switch Mode Power Supply Transformers market size was valued at US$ 1739.3 million in 2023. With growing demand in downstream market, the Switch Mode Power Supply Transformers is forecast to a readjusted size of US$ 1547 million by 2030 with a CAGR of -1.7% during review period. The research report highlights the growth potential of the global Switch Mode Power Supply Transformers market. Switch Mode Power Supply Transformers......
  • Global Instrument Transformer Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 128
    According to our LPI (LP Information) latest study, the global Instrument Transformer market size was valued at US$ 4374.8 million in 2023. With growing demand in downstream market, the Instrument Transformer is forecast to a readjusted size of US$ 6814.3 million by 2030 with a CAGR of 6.5% during review period. The research report highlights the growth potential of the global Instrument Transformer market. Instrument Transformer are expected to show stable growth in the future market. H......
  • Global Cast Resin Transformers Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 152
    According to our LPI (LP Information) latest study, the global Cast Resin Transformers market size was valued at US$ 4165.8 million in 2023. With growing demand in downstream market, the Cast Resin Transformers is forecast to a readjusted size of US$ 5733.2 million by 2030 with a CAGR of 4.7% during review period. The research report highlights the growth potential of the global Cast Resin Transformers market. Cast Resin Transformers are expected to show stable growth in the future marke......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs