Los Angeles, CA -- (SBWIRE) -- 09/13/2019 -- Solid state transformer, also known as power electronic transformer (EPT), is a kind of electric power electronic transformation technology and electromagnetic induction principle based on the combination of high-frequency power conversion technology to achieve power characteristics of electricity into other Electric power characteristics of the static electrical equipment.
Compared with the conventional transformer, EPT has many advantages, its outstanding feature is that the original current can be achieved, the side voltage and power of flexible control. EPT applied to the power system will improve the power quality; improve system stability, to achieve a flexible transmission and power market power flow under real-time control.
In 2019, the market size of Power Transformers is million US$ and it will reach million US$ in 2025, growing at a CAGR of % from 2019; while in China, the market size is valued at million US$ and will increase to xx million US$ in 2025, with a CAGR of % during forecast period.
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In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Power Transformers.
This report studies the global market size of Power Transformers, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Power Transformers production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Market Segment by Product Type
Market Segment by Application
Alternative Power Generation
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