

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 market for Solid State Transformers (SST) was estimated to be worth US$ 298 million in 2023 and is forecast to a readjusted size of US$ 1217.1 million by 2030 with a CAGR of 22.0% during the forecast period 2024-2030
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 Solid State Transformers (SST), focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Solid State Transformers (SST) by region & country, by Type, and by Application.
The Solid State Transformers (SST) market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Solid State Transformers (SST).
麻豆原创 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
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides 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 2: Detailed analysis of Solid State Transformers (SST) manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Revenue of Solid State Transformers (SST) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Solid State Transformers (SST) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 麻豆原创 Overview
1.1 Solid State Transformers (SST) Product Introduction
1.2 Global Solid State Transformers (SST) 麻豆原创 Size Forecast
1.3 Solid State Transformers (SST) 麻豆原创 Trends & Drivers
1.3.1 Solid State Transformers (SST) Industry Trends
1.3.2 Solid State Transformers (SST) 麻豆原创 Drivers & Opportunity
1.3.3 Solid State Transformers (SST) 麻豆原创 Challenges
1.3.4 Solid State Transformers (SST) 麻豆原创 Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Solid State Transformers (SST) Players Revenue Ranking (2023)
2.2 Global Solid State Transformers (SST) Revenue by Company (2019-2024)
2.3 Key Companies Solid State Transformers (SST) Manufacturing Base Distribution and Headquarters
2.4 Key Companies Solid State Transformers (SST) Product Offered
2.5 Key Companies Time to Begin Mass Production of Solid State Transformers (SST)
2.6 Solid State Transformers (SST) 麻豆原创 Competitive Analysis
2.6.1 Solid State Transformers (SST) 麻豆原创 Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by Solid State Transformers (SST) Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Solid State Transformers (SST) as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Single-stage
3.1.2 Two-stage
3.1.3 Three-stage
3.2 Global Solid State Transformers (SST) Sales Value by Type
3.2.1 Global Solid State Transformers (SST) Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Solid State Transformers (SST) Sales Value, by Type (2019-2030)
3.2.3 Global Solid State Transformers (SST) Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Alternative Power Generation
4.1.2 Smart Grid
4.1.3 Traction Locomotives
4.1.4 EV Charging
4.1.5 Others
4.2 Global Solid State Transformers (SST) Sales Value by Application
4.2.1 Global Solid State Transformers (SST) Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Solid State Transformers (SST) Sales Value, by Application (2019-2030)
4.2.3 Global Solid State Transformers (SST) Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global Solid State Transformers (SST) Sales Value by Region
5.1.1 Global Solid State Transformers (SST) Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Solid State Transformers (SST) Sales Value by Region (2019-2024)
5.1.3 Global Solid State Transformers (SST) Sales Value by Region (2025-2030)
5.1.4 Global Solid State Transformers (SST) Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America Solid State Transformers (SST) Sales Value, 2019-2030
5.2.2 North America Solid State Transformers (SST) Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe Solid State Transformers (SST) Sales Value, 2019-2030
5.3.2 Europe Solid State Transformers (SST) Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific Solid State Transformers (SST) Sales Value, 2019-2030
5.4.2 Asia Pacific Solid State Transformers (SST) Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America Solid State Transformers (SST) Sales Value, 2019-2030
5.5.2 South America Solid State Transformers (SST) Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa Solid State Transformers (SST) Sales Value, 2019-2030
5.6.2 Middle East & Africa Solid State Transformers (SST) Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Solid State Transformers (SST) Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Solid State Transformers (SST) Sales Value
6.3 United States
6.3.1 United States Solid State Transformers (SST) Sales Value, 2019-2030
6.3.2 United States Solid State Transformers (SST) Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Solid State Transformers (SST) Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Solid State Transformers (SST) Sales Value, 2019-2030
6.4.2 Europe Solid State Transformers (SST) Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Solid State Transformers (SST) Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Solid State Transformers (SST) Sales Value, 2019-2030
6.5.2 China Solid State Transformers (SST) Sales Value by Type (%), 2023 VS 2030
6.5.3 China Solid State Transformers (SST) Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Solid State Transformers (SST) Sales Value, 2019-2030
6.6.2 Japan Solid State Transformers (SST) Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Solid State Transformers (SST) Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Solid State Transformers (SST) Sales Value, 2019-2030
6.7.2 South Korea Solid State Transformers (SST) Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Solid State Transformers (SST) Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Solid State Transformers (SST) Sales Value, 2019-2030
6.8.2 Southeast Asia Solid State Transformers (SST) Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Solid State Transformers (SST) Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Solid State Transformers (SST) Sales Value, 2019-2030
6.9.2 India Solid State Transformers (SST) Sales Value by Type (%), 2023 VS 2030
6.9.3 India Solid State Transformers (SST) Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 ABB
7.1.1 ABB Profile
7.1.2 ABB Main Business
7.1.3 ABB Solid State Transformers (SST) Products, Services and Solutions
7.1.4 ABB Solid State Transformers (SST) Revenue (US$ Million) & (2019-2024)
7.1.5 ABB Recent Developments
7.2 Siemens
7.2.1 Siemens Profile
7.2.2 Siemens Main Business
7.2.3 Siemens Solid State Transformers (SST) Products, Services and Solutions
7.2.4 Siemens Solid State Transformers (SST) Revenue (US$ Million) & (2019-2024)
7.2.5 Siemens Recent Developments
7.3 General electric
7.3.1 General electric Profile
7.3.2 General electric Main Business
7.3.3 General electric Solid State Transformers (SST) Products, Services and Solutions
7.3.4 General electric Solid State Transformers (SST) Revenue (US$ Million) & (2019-2024)
7.3.5 Recent Developments
8 Industry Chain Analysis
8.1 Solid State Transformers (SST) Industrial Chain
8.2 Solid State Transformers (SST) Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Solid State Transformers (SST) Sales Model
8.5.2 Sales Channel
8.5.3 Solid State Transformers (SST) Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
ABB
Siemens
General electric
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*If Applicable.