Solid State Transformer Market Size, Share & Industry Analysis, By Voltage Level (MV/LV and HV/MV), By Application (Renewable Power Generation, Electric Vehicle Charging Stations, Power Grids, Traction Locomotives, and Others), and Regional Forecast, 2024-2032

Last Updated: October 28, 2024 | Format: PDF | Report ID: FBI106374

Table of Content

Introduction
1. Research Scope
2. Market Segmentation
3. Research Methodology
4. Definitions and Assumptions
Executive Summary
Market Dynamics
1. Market Drivers
2. Market Restraints
3. Market Opportunities
Key Insights
1. Key Emerging Trends – For Major Countries
2. Latest Technological Advancement
3. Regulatory Landscape
4. Porters Five Forces Analysis
5. Impact of COVID-19 on the Solid State Transformer Market
Global Solid State Transformer Market Analysis (USD Million), Insights and Forecast, 2019-2032
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Voltage Level
  1. MV/LV
  2. HV/MV
3. Market Analysis, Insights and Forecast – By Application
  1. Renewable Power Generation
  2. Electric Vehicle Charging Stations
  3. Power Grids
  4. Traction Locomotives
  5. Others
4. Market Analysis, Insights and Forecast – By Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Rest of the World
North America Solid State Transformer Market Analysis (USD Million), Insights and Forecast, 2019-2032
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Voltage Level
  1. MV/LV
  2. HV/MV
3. Market Analysis, Insights and Forecast – By Application
  1. Renewable Power Generation
  2. Electric Vehicle Charging Stations
  3. Power Grids
  4. Traction Locomotives
  5. Others
4. Market Analysis, Insights and Forecast – By Country
  1. U.S. Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
  2. Canada Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
Europe Solid State Transformer Market Analysis (USD Million), Insights and Forecast, 2019-2032
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Voltage Level
  1. MV/LV
  2. HV/MV
3. Market Analysis, Insights and Forecast – By Application
  1. Renewable Power Generation
  2. Electric Vehicle Charging Stations
  3. Power Grids
  4. Traction Locomotives
  5. Others
4. Market Analysis, Insights and Forecast – By Country
  1. UK Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
  2. Germany Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
  3. France Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
  4. Italy Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
  5. Spain Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
  6. Russia Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
  7. Rest of Europe Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
Asia Pacific Solid State Transformer Market Analysis (USD Million), Insights and Forecast, 2019-2032
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Voltage Level
  1. MV/LV
  2. HV/MV
3. Market Analysis, Insights and Forecast – By Application
  1. Renewable Power Generation
  2. Electric Vehicle Charging Stations
  3. Power Grids
  4. Traction Locomotives
  5. Others
4. Market Analysis, Insights and Forecast – By Country
  1. China Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
  2. India Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
  3. Japan Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
  4. Australia Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
  5. Southeast Asia Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
  6. Rest of Asia Pacific Market Analysis, Insights and Forecast – By Application
    1. Renewable Power Generation
    2. Electric Vehicle Charging Stations
    3. Power Grids
    4. Traction Locomotives
    5. Others
Rest of the World Solid State Transformer Market Analysis (USD Million), Insights and Forecast, 2019-2032
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Voltage Level
  1. MV/LV
  2. HV/MV
3. Market Analysis, Insights and Forecast – By Application
  1. Renewable Power Generation
  2. Electric Vehicle Charging Stations
  3. Power Grids
  4. Traction Locomotives
  5. Others
Competitive Analysis
1. Company Market Share Analysis, 2023
2. Company Profile
  1. General Electric
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  2. Alstom
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  3. Eaton
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  4. Hitachi ABB
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  5. Power Systems & Control Inc.
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  6. Scheider Electric
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  7. Siemens
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  8. Varentec Inc.
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  9. Vollspark
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  10. Mitsubishi Electric
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  11. Amantys Limited
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  12. SPX Transformer Solutions
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  13. Ermco
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  14. Synergy Transformers
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  15. GridBridge
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development
  16. Kirloskar Electric
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Geographic Presence
    5. Recent Development

Read Less

List of Figures

Figure 1: Global Solid State Transformer Market Revenue Breakdown (USD Million, %) by Region, 2023 & 2032

Figure 2: Global Solid State Transformer Market Value Share (%), By Voltage Level 2023 & 2032

Figure 3: Global Solid State Transformer Market Forecast (USD Million), by MV/LV, 2019-2032

Figure 4: Global Solid State Transformer Market Forecast (USD Million), by HV/MV, 2019-2032

Figure 5: Global Solid State Transformer Market Value Share (%), By Application, 2023 & 2032

Figure 6: Global Solid State Transformer Market Forecast (USD Million), by Renewable Power Generation, 2019-2032

Figure 7: Global Solid State Transformer Market Forecast (USD Million), by Electric Vehicle Charging Stations, 2019-2032

Figure 8: Global Solid State Transformer Market Forecast (USD Million), by Power Grids, 2019-2032

Figure 9: Global Solid State Transformer Market Forecast (USD Million), by Traction Locomotives, 2019-2032

Figure 10: Global Solid State Transformer Market Forecast (USD Million), by Others, 2019-2032

Figure 11: Global Solid State Transformer Market Value Share (%), By Region 2023 & 2032

Figure 12: North America Solid State Transformer Market Value Share (%), By Voltage Level 2023 & 2032

Figure 13: North America Solid State Transformer Market Forecast (USD Million), by MV/LV, 2019-2032

Figure 14: North America Solid State Transformer Market Forecast (USD Million), by HV/MV, 2019-2032

Figure 15: North America Solid State Transformer Market Value Share (%), By Application, 2023 & 2032

Figure 16: North America Solid State Transformer Market Forecast (USD Million), by Renewable Power Generation, 2019-2032

Figure 17: North America Solid State Transformer Market Forecast (USD Million), by Electric Vehicle Charging Stations, 2019-2032

Figure 18: North America Solid State Transformer Market Forecast (USD Million), by Power Grids, 2019-2032

Figure 19: North America Solid State Transformer Market Forecast (USD Million), by Traction Locomotives, 2019-2032

Figure 20: North America Solid State Transformer Market Forecast (USD Million), by Others, 2019-2032

Figure 21: North America Solid State Transformer Market Value Share (%), By Country, 2023 & 2032

Figure 22: North America Solid State Transformer Market Forecast (USD Million), by U.S., 2019-2032

Figure 23: North America Solid State Transformer Market Forecast (USD Million), by Canada, 2019-2032

Figure 24: Europe Solid State Transformer Market Value Share (%), By Voltage Level 2023 & 2032

Figure 25: Europe Solid State Transformer Market Forecast (USD Million), by MV/LV, 2019-2032

Figure 26: Europe Solid State Transformer Market Forecast (USD Million), by HV/MV, 2019-2032

Figure 27: Europe Solid State Transformer Market Value Share (%), By Application, 2023 & 2032

Figure 28: Europe Solid State Transformer Market Forecast (USD Million), by Renewable Power Generation, 2019-2032

Figure 29: Europe Solid State Transformer Market Forecast (USD Million), by Electric Vehicle Charging Stations, 2019-2032

Figure 30: Europe Solid State Transformer Market Forecast (USD Million), by Power Grids, 2019-2032

Figure 31: Europe Solid State Transformer Market Forecast (USD Million), by Traction Locomotives, 2019-2032

Figure 32: Europe Solid State Transformer Market Forecast (USD Million), by Others, 2019-2032

Figure 33: Europe Solid State Transformer Market Value Share (%), By Country, 2023 & 2032

Figure 34: Europe Solid State Transformer Market Forecast (USD Million), by UK, 2019-2032

Figure 35: Europe Solid State Transformer Market Forecast (USD Million), by Germany, 2019-2032

Figure 36: Europe Solid State Transformer Market Forecast (USD Million), by France, 2019-2032

Figure 37: Europe Solid State Transformer Market Forecast (USD Million), by Italy, 2019-2032

Figure 38: Europe Solid State Transformer Market Forecast (USD Million), by Spain, 2019-2032

Figure 39: Europe Solid State Transformer Market Forecast (USD Million), by Russia, 2019-2032

Figure 40: Europe Solid State Transformer Market Forecast (USD Million), by Rest of Europe, 2019-2032

Figure 41: Asia Pacific Solid State Transformer Market Value Share (%), By Voltage Level 2023 & 2032

Figure 42: Asia Pacific Solid State Transformer Market Forecast (USD Million), by MV/LV, 2019-2032

Figure 43: Asia Pacific Solid State Transformer Market Forecast (USD Million), by HV/MV, 2019-2032

Figure 44: Asia Pacific Solid State Transformer Market Value Share (%), By Application, 2023 & 2032

Figure 45: Asia Pacific Solid State Transformer Market Forecast (USD Million), by Renewable Power Generation, 2019-2032

Figure 46: Asia Pacific Solid State Transformer Market Forecast (USD Million), by Electric Vehicle Charging Stations, 2019-2032

Figure 47: Asia Pacific Solid State Transformer Market Forecast (USD Million), by Power Grids, 2019-2032

Figure 48: Asia Pacific Solid State Transformer Market Forecast (USD Million), by Traction Locomotives, 2019-2032

Figure 49: Asia Pacific Solid State Transformer Market Forecast (USD Million), by Others, 2019-2032

Figure 50: Asia Pacific Solid State Transformer Market Value Share (%), By Country, 2023 & 2032

Figure 51: Asia Pacific Solid State Transformer Market Forecast (USD Million), by China, 2019-2032

Figure 52: Asia Pacific Solid State Transformer Market Forecast (USD Million), by India, 2019-2032

Figure 53: Asia Pacific Solid State Transformer Market Forecast (USD Million), by Japan, 2019-2032

Figure 54: Asia Pacific Solid State Transformer Market Forecast (USD Million), by Australia, 2019-2032

Figure 55: Asia Pacific Solid State Transformer Market Forecast (USD Million), by Southeast Asia, 2019-2032

Figure 56: Asia Pacific Solid State Transformer Market Forecast (USD Million), by Rest of Asia Pacific, 2019-2032

Figure 57: Rest of the World Solid State Transformer Market Value Share (%), By Voltage Level 2023 & 2032

Figure 58: Rest of the World Solid State Transformer Market Forecast (USD Million), by MV/LV, 2019-2032

Figure 59: Rest of the World Solid State Transformer Market Forecast (USD Million), by HV/MV, 2019-2032

Figure 60: Rest of the World Solid State Transformer Market Value Share (%), By Application, 2023 & 2032

Figure 61: Rest of the World Solid State Transformer Market Forecast (USD Million), by Renewable Power Generation, 2019-2032

Figure 62: Rest of the World Solid State Transformer Market Forecast (USD Million), by Electric Vehicle Charging Stations, 2019-2032

Figure 63: Rest of the World Solid State Transformer Market Forecast (USD Million), by Power Grids, 2019-2032

Figure 64: Rest of the World Solid State Transformer Market Forecast (USD Million), by Traction Locomotives, 2019-2032

Figure 65: Rest of the World Solid State Transformer Market Forecast (USD Million), by Others, 2019-2032

Figure 66: Company Market Share Analysis (%), 2023

List of Tables

Table 1: Global Solid State Transformer Market Revenue (USD Million) Forecast, by Voltage Level, 2019-2032

Table 2: Global Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 3: Global Solid State Transformer Market Revenue (USD Million) Forecast, by Region, 2019-2032

Table 4: North America Solid State Transformer Market Revenue (USD Million) Forecast, by Voltage Level, 2019-2032

Table 5: North America Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 6: North America Solid State Transformer Market Revenue (USD Million) Forecast, by Country, 2019-2032

Table 7: U.S. Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 8: Canada Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 9: Europe Solid State Transformer Market Revenue (USD Million) Forecast, by Voltage Level, 2019-2032

Table 10: Europe Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 11: Europe Solid State Transformer Market Revenue (USD Million) Forecast, by Country, 2019-2032

Table 12: UK Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 13: Germany Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 14: France Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 15: Italy Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 16: Spain Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 17: Russia Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 18: Rest of Europe Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 19: Asia Pacific Solid State Transformer Market Revenue (USD Million) Forecast, by Voltage Level, 2019-2032

Table 20: Asia Pacific Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 21: Asia Pacific Solid State Transformer Market Revenue (USD Million) Forecast, by Country, 2019-2032

Table 22: China Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 23: India Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 24: Japan Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 25: Australia Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 26: Southeast Asia Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 27: Rest of Asia Pacific Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

Table 28: Rest of the World Solid State Transformer Market Revenue (USD Million) Forecast, by Voltage Level, 2019-2032

Table 29: Rest of the World Solid State Transformer Market Revenue (USD Million) Forecast, by Application, 2019-2032

STUDY PERIOD: 2019-2032
BASE YEAR:2023
HISTORICAL DATA: 2019-2022
NO OF PAGES: 180

Energy & Power Clients

Related Reports

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry

Get in Touch with Us

+1 424 253 0390 (US)
+44 2071 939123 (UK)
+91 744 740 1245 (APAC)
[email protected]