Global Solid-State Transformer Markets, 2020-2025 with Hitachi, Schneider Electric, Siemens, Mitsubishi, GE, Eaton, Varentec, Amantys, Ermco, and SPX Transformer Solutions Dominating
Share this article Share this article ResearchAndMarkets.com's offering. The solid-state transformer market size is expected to grow from USD 100 million in 2024 to USD 241 million by 2030; it is expected to grow at a CAGR of 15.8% from 2024 to 2030. The key factors driving the growth of the solid-state transformer market are growing alternative energy sector, and increasing investments in smart grids and energy systems. Market for HV/MV to account for larger market share during forecast period. The HV/MV segment is expected to continue to hold a larger market size during the forecast period...
Source: prnewswire.com