Solid State Transformers (SST) market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast, 2014 – 2020

Solid State Transformers (SST) market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast, 2014 – 2020

  • Submitted By: hawer
  • Date Submitted: 09/01/2015 12:54 AM
  • Category: Technology
  • Words: 1076
  • Page: 5

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Solid State Transformers (SST) market Global Industry Analysis, Size, Share,
Trends, Analysis, Growth and Forecast,
2014 – 2020

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REPORT DESCRIPTION
A major infiltration of renewable energy generation into the existing generation mix within the next few years is
likely to trigger the solid state transformers (SST) market. These transformers, composed of mainly power
electronics based components can also be referred to as a type of power device. These devices are extremely
effective in regulating the magnitude of voltage, current or frequency according to the application wise
requirements. New technology proliferation in power electronics has significantly reduced the size of these
transformers hence making them more flexible for customer use.
Browse the full Solid State Transformers market report at
http://www.transparencymarketresearch.com/solid-state-transformer.html
A multitude of market drivers, especially major capacity addition and installation of renewable generation capacity is
backing the solid state transformers market. Major R&D initiatives are underway to bring the SST’s from prototyping
and research phases to commercial deployment and installation phase. These solid state transformers are likely to
replace or moderately substitute the erstwhile distribution transformers being used currently.
These solid state transformers are capable of performing a large number of functions which can bolster the power
delivery quality and stability of the electrical grid simultaneously. Not only...

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