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Solid State (Smart) Transformer Market is expected to reach $5,043.39 million at a CAGR of 82.3% by 2020 - New Report by MarketsandMarkets
Date:2/23/2013

(PRWEB) February 23, 2013

According to the market research report “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” published by MarketsandMarkets, the total solid state transformers applications market is expected to reach $ 5,043.39 million at a CAGR of 82.3% from 2012 to 2020.

Browse 92 tables spread through 228 pages and in-depth Table of Content of “Solid State 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”.
http://www.marketsandmarkets.com/Market-Reports/solid-state-transformer-market-774.html

Early buyers will receive 10% customization on this report.

Solid state transformers are mainly made up of power electronics-based components, also known as power devices. These devices are used to convert the characteristics (magnitude or frequency of voltage and current) of electric power to match or befit a particular application. Thus, they work on the basis of interdisciplinary technology. Power electronics has reduced the size of solid state transformers significantly. Reduction in size has increased the user-ability and flexibility of the products thereof.

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. Solid state transformers have many advantages as compared to traditional transformers. Some of them are bidirectional power flow, high e
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