New Market Report: Solid State (Smart) Transformer Market - Global Forecast & Analysis (2012 - 2020) By Application, Component & 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.