| [October 19, 2012] |
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Research and Markets: Solid State (Smart) Transformer Market - Global Forecast & Analysis (2012 - 2020) By Application, Component & Geography
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/qcb4tk/solid_state)
has announced the addition of the "Solid
State (Smart) Transformer Market - Global Forecast & Analysis (2012 -
2020) By Application, Component & Geography" report to
their offering.
Solid State (Smart) Transformer Market - Global Forecast & Analysis
(2012 - 2020) By Application (Smart Grid, Traction Locomotives, Electric
Vehicle Charging Stations, Others), Component (Switches, High frequency
Transformers, Converters, Others) & Geography
The Solid State Transformer market is currently in an introductory
phase, but in a couple of years, it is expected to experience high
growth due to its advantages. Solid state transformer has a capability
to operate at higher frequency range. Its physical size and weight ratio
to the legacy transformer is more than 1:100. The market segmentation
revolves around four major market parameters, namely; components,
applications, product, and geography.
The new solid-state transformers are quite flexible. They use diodes and
transistors and other semiconductor-based devices (power electronics);
which, unlike the transistors used in computer chips, areengineered for
handling high power levels and happen to be fast switching. In response
to signals from home or utility, they can change the voltage and other
characteristics of the power they generate. They can put out either DC
or AC power, or take in DC and AC power from wind turbines and solar
panels and change the frequency and voltage to what is needed for the
grid.
The power generation and smart grid applications are the most promising
ones for SSTs. Size reduction increases the efficiency of the entire
power generation system. Since it is a solid state device, better
automation and control is possible; this characteristic coincides with
the smart grid. Both the applications, along with many others are
covered in the report with quantitative and qualitative analysis.
The growth of the solid state transformer market is expected to be
exponential; in 2020 the market is expected to reach $ 5,043.39 million
at a CAGR of 82.3% from 2012 to 2020. Some of the major players in the
foray to unleash their products on solid state transformers technology
are ABB (Switzerland), Siemens AG (News - Alert) (Germany), and Alstom (France). The
leading components manufacturing companies in the field of SST
technology are CREE Inc (U.S.), STMicroelectronics (U.S.), Infineon
Technologies (Germany) and Mitsubishi (News - Alert) Electric Corporation (Japan).
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Market Overview
4 Global Solid State Transformer Market, By Product
5 Global Solid State Transformer Market, By Components
6 Global Solid State Transformer Market, By Applications
7 Global Solid State Transformer Market, By Geography
8 Competitive Landscape
9 Company Profiles
Companies Mentioned
- Abb Limited
- Alstom
- Avago Technologies Limited
- Bombardier Inc.
- Cooper Power Systems, Llc
- Cree Inc
- Duke Energy (News - Alert)
- Electric Power Research Institute, Inc.
- General Electric
- Gridco Systems
- Howard Industries
- Infineon Technologies (News - Alert) Ag
- Mitsubishi Electric Corporation
- Plasma Technics, Inc.
- Schneider Electric Sa
- Selco Products Company
- Siemens Ag
- Spx Transformer Solutions
- Stmicroelectronics N.V
- Varentec Inc.
For more information visit http://www.researchandmarkets.com/research/qcb4tk/solid_state

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