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)

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