New solid state transformers market report available
USA: A new report on solid state transformers (SST) market titled “Solid State Transformers (SST) Market - Global Industry Analysis, Size, Share, Trends, Amalysis, Growth and Forecast, 2014 – 2020” is now available.
USA: A new report on solid state transformers (SST) market titled “Solid State Transformers (SST) Market – Global Industry Analysis, Size, Share, Trends, Amalysis, Growth and Forecast, 2014 – 2020” is now available.
According to the report, a major infiltration of renewable energy generation into the existing generation mix within the next few years is likely to trigger the solid state transformers (SST) market, reports Transparency Market Research.
A multitude of market drivers, especially major capacity addition and installation of renewable generation capacity, is backing the solid state transformers market.
Major R&D initiatives are underway to bring the SST’s from prototyping and research phases to commercial deployment and installation phase. Nowadays, SST’s are finding major applications in traction transformers, which have already reached small scale deployment in certain countries.
Some of the key market players include Varentec and Transphorm, among others.
Source: Transparency Market Research
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