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According to Stratistics MRC, the Global Smart Transformers market accounted for $1,093.5 million in 2015 and is expected to reach $2,932.4 million by 2022 growing at a CAGR of 15.1% from 2015 to 2022. ...
“Growing demand for power is expected to drive the pad-mounted transformer market at 5.21%” Investments in power transmission & distribution network for upgradation and expansion is expected to ...
Solid state transformer (SST), alternately known as “smart transformer,” is an amalgamation of high-powered semiconductor components, control circuitry and conventional high frequency transformers. ...