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Solid State (Smart) Transformer Market by Product (Power, traction, & Distribution), Application (Alternative power generation, Electric vehicle charging stations, & others), & Geography (North America, Europe, Asia-Pacific, & RoW) - Forecast to 2020

Solid State (Smart) Transformer Market by Product (Power, traction, & Distribution), Application (Alternative power generation, Electric vehicle charging stations, & others), & Geography (North America, Europe, Asia-Pacific, & RoW) - Forecast to 2020

A solid state transformer is a multistage device which typically comprises input stage, high-frequency transformer, and output stage. The output stage can be configured as per the need and verities of loads; therefore, it provides the output in either form of current (AC and DC). This feature eliminates the need of additional AC to DC converter and thus reduces the cost of the system. Though the cost of a solid state transformer is higher than their rational counterpart, it is expected that the deployment of a solid state transformer in an electricity distribution network would increase the overall system efficiency by 8%–10%. Many companies and research institutions have invested in development and testing of solid state transformers for various applications. For example, in 2011, ABB Ltd. (Switzerland) has a solid state transformer for the traction locomotives application, named as power electronics traction transformer (PETT). However, it is expected that a solid state transformer would be commercialized by 2017.

KEY TAKE-AWAYS

Analysis of the solid state (smart) transformer market which has been segmented based on product, application, component, and geography.

The analysis of the market dynamics based on factors such as key drivers, restraints, opportunities, and challenges that influence the growth of the market along with, the value chain analysis of the market.

Detailed competitive landscape of the key players with an in-depth market share analysis, along with their growth strategies.

The Porter’s Five Forces framework has been applied for the analysis of the solid state transformer market. Illustrative analysis, segmentation, and forecast of the market in the major geographies have been done to provide an overall view of the market.

Detailed profiles of the key companies present in the solid state transformer market, along with their growth strategies.

The global market for solid state (smart) transformer is expected to grow at a CAGR of 24.72% from 2017 to 2020. Europe is expected to continue to lead the market and is the hub for several transformer manufacturing and energy management companies which are anticipated to venture in this market. Moreover, the solid state transformer market in the North American and Asia-Pacific regions is also expected to gain a significant traction during the forecast period. The growth of renewable energy installation capacity and increasing installation of electric vehicle charging points, especially in the U.S. Japan, and China, is expected to accelerate the solid state transformer market in the said regions.

This solid state transformer market report includes the detailed analysis of market dynamics, Porter’s Five Forces model, value chain, competitive landscape, and market scenario for the forecast period. The market has been segmented and forecast based on product, application, and geography. The report profiles the key players in the solid state transformer market with their respective market share analysis. The prominent players profiled in this report include ABB Ltd. (Switzerland), General Electric Co. (U.S.), Alstom SA (France), Mitsubishi Electric Corporation (Japan), Siemens AG (Germany), Schneider Electric SE (France), Cooper Power Systems (Brazil), Varentec, Inc., (U.S.) Amantys Limited (U.K.), and GridBridge (U.S.).


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
      • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE GLOBAL SOLID STATE (SMART) TRANSFORMER MARKET
    • SOLID STATE (SMART) TRANSFORMER MARKET: TOP THREE APPLICATIONS
    • GLOBAL SOLID STATE (SMART) TRANSFORMER MARKET, BY GEOGRAPHY AND PRODUCT
    • SOLID STATE (SMART) TRANSFORMER MARKET, BY GEOGRAPHY, 2017
    • SOLID STATE (SMART) TRANSFORMER MARKET, BY PRODUCT (2020)
    • SOLID STATE (SMART) TRANSFORMER MARKET, ASIA-PACIFIC VS EUROPE
  • MARKET OVERVIEW
    • INTRODUCTION
    • EVOLUTION
    • MARKET SEGMENTATION
      • BY PRODUCTS
      • BY COMPONENTS
      • BY APPLICATIONS
      • BY GEOGRAPHY
    • MARKET DYNAMICS
      • DRIVERS
        • Table GLOBAL INSTALLED WIND ENERGY CAPACITY (GIGA WATT)
        • Table KEY SMART GRID INVESTMENT INITATIVES
        • Table IMPACT ANALYSIS OF DRIVERS
      • RESTRAINTS
        • Table IMPACT ANALYSIS OF RESTRAINTS
      • OPPORTUNITIES
        • Table IMPACT ANALYSIS OF OPPORTUNITIES
      • CHALLENGES
        • Table IMPACT ANALYSIS OF CHALLENEGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • DEGREE OF COMPETITION
    • INDUSTRY LIFECYCLE
  • SOLID STATE (SMART) TRANSFORMER MARKET, BY COMPONENTS
    • INTRODUCTION
    • CONVERTERS
      • AC TO DC CONVERTERS
      • DC TO AC CONVERTERS
      • DC TO DC CONVERTERS
      • AC TO AC CONVERTERS
    • SWITCHES
      • SIC POWER MOSFETS
      • POWER DIODES
      • INSULATED-GATE BIPOLAR TRANSISTORS (IGBTS)
      • SIC POWER THYRISTORS
    • HIGH-FREQUENCY TRANSFORMERS
    • OTHERS
      • HIGH-VOLTAGE INDUCTORS
      • HIGH-VOLTAGE INDUCTORS
      • HIGH-VOLTAGE RESISTORS
  • SOLID STATE (SMART) TRANSFORMER MARKET, BY PRODUCTS
    • INTRODUCTION
      • Table SOLID STATE (SMART) TRANSFORMER VS TRADITIONAL TRANSFORMER
    • DISTRIBUTION SOLID STATE (SMART) TRANSFORMER
      • Table GLOBAL DISTRIBUTION SOLID STATE (SMART) TRANSFORMER MARKET, BY GEOGRAPHY, 2017-2020 ($MILLION)
      • Table GLOBAL DISTRIBUTION SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table NORTH AMERICAN DISTRIBUTION SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2017-2020 ($MILLION)
      • Table NORTH AMERICAN DISTRIBUTION SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table EUROPEAN DISTRIBUTION SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2017-2020 ($MILLION)
      • Table EUROPEAN DISTRIBUTION SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table APAC DISTRIBUTION SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2017-2020 ($MILLION)
      • Table APAC DISTRIBUTION SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table ROW DISTRIBUTION SOLID STATE (SMART) TRANSFORMER MARKET, BY REGION, 2017-2020 ($MILLION)
      • Table SOUTH AMERICAN DISTRIBUTION SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2017-2020 ($MILLION)
      • Table ROW DISTRIBUTION SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
    • TRACTION SOLID STATE (SMART) TRANSFORMER
      • Table GLOBAL TRACTION SOLID STATE (SMART) TRANSFORMER MARKET, BY GEOGRAPHY, 2017-2020 ($MILLION)
      • Table GLOBAL TRACTION SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table NORTH AMERICAN TRACTION SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2017-2020 ($MILLION)
      • Table NORTH AMERICAN TRACTION SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table EUROPEAN TRACTION SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2017-2020 ($MILLION)
      • Table EUROPEAN TRACTION SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table APAC TRACTION SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2017-2020 ($MILLION)
      • Table APAC TRACTION SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table ROW TRACTION SOLID STATE (SMART) TRANSFORMER MARKET, BY REGION, 2017-2020 ($THOUSAND)
      • Table SOUTH AMERICAN TRACTION SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2017-2020 ($THOUSAND)
      • Table ROW TRACTION SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($THOUSAND)
    • POWER SOLID STATE (SMART) TRANSFORMER
      • Table GLOBAL POWER SOLID STATE (SMART) TRANSFORMER MARKET, BY GEOGRAPHY, 2019-2020 ($MILLION)
      • Table GLOBAL POWER SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2019-2020 ($THOUSAND)
      • Table NORTH AMERICAN POWER SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2019-2020 ($THOUSAND)
      • Table NORTH AMERICAN POWER SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2019-2020 ($THOUSAND)
      • Table EUROPEAN POWER SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2019-2020 ($THOUSAND)
      • Table EUROPEAN POWER SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2019-2020 ($THOUSAND)
      • Table APAC POWER SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2019-2020 ($THOUSAND)
      • Table APAC POWER SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2019-2020 ($THOUSAND)
      • Table ROW POWER SOLID STATE (SMART) TRANSFORMER MARKET, BY REGION, 2019-2020 ($THOUSAND)
      • Table SOUTH AMERICA POWER SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2019-2020 ($THOUSAND)
      • Table ROW POWER SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2019-2020 ($THOUSAND)
  • SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATIONS
    • INTRODUCTION
      • Table SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATIONS, 2017-2020 ($MILLION)
    • TRACTION LOCOMOTIVES
    • POWER (DISTRIBUTION) GRID
    • ELECTRIC VEHICLE (EV) CHARGING STATIONS
    • ALTERNATIVE POWER GENERATION
      • WIND POWER
      • SOLAR POWER
        • Table CUMALATIVE INSTALLED SOLAR PV CAPACITY IN MAJOR MARKETS (IN GIGA WATT), 2014
      • TIDAL POWER
    • OTHERS
  • SOLID STATE (SMART) TRANSFORMER MARKET, BY GEOGRAPHY
    • INTRODUCTION
      • Table GLOBAL SOLID STATE (SMART) TRANSFORMER MARKET, BY GEOGRAPHY, 2017-2020 ($MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICAN SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2017-2020 ($MILLION)
      • Table NORTH AMERICAN SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table NORTH AMERICAN SOLID STATE (SMART) TRANSFORMER MARKET, BY PRODUCT, 2017-2020 ($MILLION)
      • Table THE U.S. SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table CANADIAN SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table MEXICAN SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
    • EUROPE
      • Table EUROPEAN SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2017-2020 ($MILLION)
      • Table EUROPEAN SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table EUROPEAN SOLID STATE (SMART) TRANSFORMER MARKET, BY PRODUCT, 2017-2020 ($MILLION)
      • Table THE U.K. SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table GERMANY SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table FRENCH SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table REST OF THE EUROPE SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
    • ASIA-PACIFIC (APAC)
      • Table APAC SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2017-2020 ($MILLION)
      • Table APAC SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table APAC SOLID STATE (SMART) TRANSFORMER MARKET, BY PRODUCT, 2017-2020 ($MILLION)
      • Table CHINESE SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table JAPANESE SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table REST OF APAC SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
    • REST OF THE WORLD (ROW)
      • Table ROW SOLID STATE (SMART) TRANSFORMER MARKET, BY REGION, 2017-2020 ($MILLION)
      • Table ROW SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table ROW SOLID STATE (SMART) TRANSFORMER MARKET, BY PRODUCT, 2017-2020 ($MILLION)
      • Table SOUTH AMERICAN SOLID STATE (SMART) TRANSFORMER MARKET, BY COUNTRY, 2017-2020 ($MILLION)
      • Table SOUTH AMERICAN SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
      • Table THE MIDDLE EASTERN AND AFRICAN SOLID STATE (SMART) TRANSFORMER MARKET, BY APPLICATION, 2017-2020 ($MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • SOLID STATE (SMART) TRANSFORMER MARKET SHARE ANALYSIS
  • COMPANY PROFILES
    • INTRODUCTION
    • ABB LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SCHNEIDER ELECTRIC SE
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SEIMENS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
      • MNM VIEW
    • MITSUBISHI ELECTRIC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
      • MNM VIEW
    • GENERAL ELECTRIC CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
        • Table GENERAL ELECTRIC COMPANY: RECENT DEVELOPMENTS
      • MNM VIEW
    • ALSTOM SA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
        • Table ALSTOM SA: RECENT DEVELOPMENTS
      • MMM VIEW
    • COOPER POWER SYSTEMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
        • Table COOPER POWER SYSTEMS: PRODUCTS OFFERED
    • VARENTEC, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
        • Table VARENTEC, INC.: PRODUCTS OFFERED
      • RECENT DEVELOPMENT
        • Table VARENTEC, INC.: RECENT DEVELOPMENTS
    • AMANTYS LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
        • Table AMANTYS LIMITED : PRODUCTS OFFERED
      • RECENT DEVELOPMENT
        • Table AMANTYS LIMITED : RECENT DEVELOPMENTS
    • GRIDBRIDGE, INC.
      • BUSINESS OVERVIEW
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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