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  4. > World Solid State (Smart) Transformer Market - Opportunities and Forecasts, 2014 -2020

Solid state transformer (SST), alternately known as “smart transformer,” is an amalgamation of high-powered semiconductor components, control circuitry and conventional high frequency transformers. The smart transformers are used to provide additional flexibility to control power distribution networks, thereby facilitating the smooth conversion of AC to DC and DC to AC, as per requirement.Solid state transformers cater to a wide variety of applications, ranging from alternative power generation to traction locomotives, power grid and electric industries, and others. Solid state transformers are used in a wide range of applications, which would facilitate the smooth transition from AC to DC and DC to AC, besides voltage conversion. Alternative power generation is the most dominant application of solid state transformers driving the market growth. Increasing adoption of renewable power sources, such as wind & solar energy, traction locomotives, are major factors boosting the adoption of solid state transformers globally.The world solid state transformers market is driven by, increasing preference for renewable energy source, growing use of traction locomotives & electric vehicles and heavy investments in smart grids & energy systems. In addition, new renewable energy sources such as tidal energy for power generations have boosted research and development activities in the field of electric distribution network, further driving the market growth. However, high cost associated with solid state transformers and inadequate SST testing infrastructure, are expected to affect the market growth.The report is analysed on the basis of potential as well as actual market for solid state transformers. Both the markets have been taken into consideration on the basis of increasing demand of renewable energy sources and SST in traction locomotives sector. The smart transformers technology is still evolving while the market is estimated to generate revenue from 2018.The report also highlights information pertaining to the past and existing opportunity revenues in the market. The rate of adoption of smart transformers would depend entirely upon the growing awareness and accessibility of this technology in future.The world solid state transformers market is segmented into application, product and geography. The application segment includes alternative power generation, power grid, traction locomotives and electric vehicle charging stations. Alternative power generation is the highest revenue-generating segment on account of efficient electric generation technology through renewable energy sources. In addition, traction locomotives and power grids are other major applications boosting the growth of solid state transformers market. Associated benefits of solid state transformers, such as bidirectional power flow, input/output AC or DC power, enhanced power quality and reduced size & weight of transformers among others, would drive the growth of solid state transformers market globally.The world solid state transformers market by products is categorized into distribution, power and traction transformers. Power transformers, is poised to generate the highest revenue throughout the analysis period. However, traction transformer would emerge as the fastest growing segment during the analysis period, owing to the growing demand of solid state transformers in traction locomotives sector. The solid state transformers market is segmented into North America, Europe, Asia-Pacific, and LAMEA. Europe would continue to dominate the market until 2020, on account of installed capacity of renewable energy sources for power generation, high awareness among the consumers for the adoption of solid state transformers and heavy investment in the field of research. However, North America is expected to be the fastest growing market, with a CAGR of 49.3%.The key companies operating in the world solid state transformers market include, ABB Ltd., Schneider Electric SE, General Electric Co., Siemens AG, Alstom SA, Mitsubishi Electric Corporation, Eaton Corporation plc (Cooper Power Systems), Gridbridge, Inc., Varentec, Inc. and Maschinenfabrik Reinhausen (MR), and others.

KEY BENEFITS
:This report provides an extensive analysis of the current and emerging trends and dynamics in the world solid state transformers market.The solid state transformers market scenario is comprehensively analyzed on the basis of key geographical regions.The report provides a detailed analysis of the current market and estimations between 2014 to 2020, which would enable the stakeholders to capitalize on the prevailing market opportunities in terms of value.The report includes the player positioning frameworks to help in understanding the competitive environment of the solid state transformers market.A comprehensive analysis of the market scenario in terms of applications, products and geography, identifies the prevailing opportunities in the world solid state transformers market.The key market players operating in the market are profiled in the report and their strategies are thoroughly analyzed to understand the competitive outlook.SOLID STATE TRANSFORMERS MARKET KEY SEGMENTS:World solid state transformers market is segmented into application, product and geography.World Solid State Transformers Market - By ApplicationElectric Vehicle Charging StationsTraction LocomotivesPower GridAlternative Power GenerationWorld Solid State Transformers Market - By ProductPower Solid State TransformersDistribution Solid State TransformersTraction Solid State TransformersWorld Solid State Transformers Market - By GeographyNorth AmericaEuropeAsia-PacificLAMEA

Table Of Contents

World Solid State (Smart) Transformer Market - Opportunities and Forecasts, 2014 -2020
CHAPTER 1 INTRODUCTION1.1 Report description1.2 Key benefits1.3 Key market segments1.4 Research methodology1.4.1 Secondary research1.4.2 Primary research1.4.3 Analyst tools and modelsCHAPTER 2 EXECUTIVE SUMMARY2.1 CXO perspectiveCHAPTER 3 MARKET OVERVIEW3.1 Market definition and scope3.2 Key findings3.2.1 Top investment pockets3.2.2 Current research andamp; development in SST technology3.3 Top player positioning3.4 Market dynamics3.4.1 Drivers3.4.2 Restraints3.4.3 OpportunitiesCHAPTER 4 WORLD SOLID STATE TRANSFORMERS MARKET, BY PRODUCTS, 2014-20204.1 Overview4.1.1 Market size and forecast4.2 Power solid state transformers4.2.1 Key market trends4.2.2 Key growth factors and opportunities4.2.3 Market size and forecast4.3 Distribution solid state transformers4.3.1 Key market trends4.3.2 Key growth factors and opportunities4.3.3 Market size and forecast4.4 Traction solid state transformers4.4.1 Key market trends4.4.2 Key growth factors and opportunities4.4.3 Market size and forecastCHAPTER 5 WORLD SOLID STATE TRANSFORMERS MARKET, BY APPLICATIONS, 201420205.1 Overview5.1.1 Market size and forecast5.2 Alternative power generation5.2.1 Market size and forecast5.3 Power grid5.3.1 Market size and forecast5.4 Traction locomotives5.4.1 Market size and forecast5.5 Electric vehicle charging stations5.5.1 Market size and forecastCHAPTER 6 WORLD SOLID STATE TRANSFORMERS MARKET BY GEOGRAPHY, 2014-20206.1 Overview6.1.1 Market size and forecast6.2 North America6.2.1 Key market trends6.2.1 Key growth factors and opportunities6.2.2 Market size and forecast6.3 Europe6.3.1 Key market trends6.3.2 Key growth factors and opportunities6.3.3 Market size and forecast6.4 Asia-Pacific6.4.1 Key market trends6.4.2 Key growth factors and opportunities6.4.3 Market size and forecast6.5 LAMEA6.5.1 Key market trends6.5.2 Key growth factors and opportunities6.5.3 Market size and forecastCHAPTER 7 COMPANY PROFILES7.1 Schneider Electric SE7.1.1 Company overview7.1.2 Company snapshot7.1.3 Business performance7.1.4 SWOT analysis of Schneider Electric SE7.2 General Electric Co.7.2.1 Company overview7.2.2 Company snapshot7.2.3 Business performance7.2.4 SWOT analysis of General Electric Company7.3 ABB Ltd.7.3.1 Company overview7.3.2 Company snapshot7.3.3 Business performance7.3.4 SWOT analysis of ABB Ltd.7.4 Siemens AG7.4.1 Company overview7.4.2 Company snapshot7.4.3 Business performance7.4.4 SWOT analysis of Siemens AG7.5 Alstom SA7.5.1 Company overview7.5.2 Company snapshot7.5.3 Business performance7.5.4 SWOT analysis of Alstrom SA7.6 Mitsubishi Electric Corporation7.6.1 Company overview7.6.2 Company snapshot7.6.3 Business performance7.6.4 SWOT analysis of Mitsubishi Electric Corporation7.7 Eaton Corporation plc (Cooper Power Systems)7.7.1 Company overview7.7.2 Company snapshot7.7.3 Business performance7.7.4 SWOT analysis of Eaton Corporation Plc7.8 Gridbridge, Inc.7.8.1 Company overview7.8.2 Company snapshot7.8.3 SWOT analysis of Gridbridge, Inc.7.9 Varentec, Inc.7.9.1 Company overview7.9.2 Company snapshot7.9.3 SWOT analysis of Varentec, Inc.7.10 Maschinenfabrik Reinhausen (MR)7.10.1 Company overview7.10.2 Company snapshot7.10.3 SWOT analysis of Maschinenfabrik Reinhausen GmbHList of FiguresFIG. 1 TOP PLAYER POSITIONINGFIG. 2 NET CONSUMPTION OF ELECTRICITY IN NORTH AMERICA (BILLION KILOWATT-HOURS), 20112014FIG. 3 NET CONSUMPTION OF ELECTRICITY IN EUROPE (BILLION KILOWATT-HOURS), 2011-2014FIG. 4 NET CONSUMPTION OF ELECTRICITY IN ASIA-PACIFIC (BILLION KILOWATT-HOURS), 20112014FIG. 5 NET CONSUMPTION OF ELECTRICITY IN LAMEA (BILLION KILOWATT-HOURS), 20112014FIG. 6 REVENUE GENERATED BY SCHNEIDER ELECTRIC SE, 20122014 ($MILLION)FIG. 7 SCHNEIDER ELECTRIC SE REVENUE BY OPERATING SEGMENT (%), 2014FIG. 8 SCHNEIDER ELECTRIC SE REVENUE BY GEOGRAPHY (%), 2014FIG. 9 SWOT ANALYSIS OF SCHNEIDER ELECTRIC SEFIG. 10 REVENUE OF GENERAL ELECTRIC COMPANY, 20122014 ($MILLION)FIG. 11 REVENUE OF GENERAL ELECTRIC COMPANY BY OPERATING SEGMENTS (%), 2014FIG. 12 REVENUE OF GENERAL ELECTRIC COMPANY BY GEOGRAPHY (%), 2014FIG. 13 SWOT ANALYSIS OF GENERAL ELECTRIC COMPANYFIG. 14 REVENUE OF ABB LTD., 20122014 ($MILLION)FIG. 15 REVENUE OF ABB LTD. BY OPERATING SEGMENTS (%), 2014FIG. 16 REVENUE OF ABB LTD., BY GEOGRAPHY (%), 2014FIG. 17 SWOT ANALYSIS OF ABB LTD.FIG. 18 SIEMENS AG COMPANY REVENUE (20142015, $BILLION)FIG. 19 SWOT ANALYSIS OF SIEMENS AGFIG. 20 KEY FINANCIALS OF ALSTOM SA, BY GEOGRAPHY 2014FIG. 21 SWOT ANALYSIS OF ALSTROM SAFIG. 22 KEY FINANCIALS OF MITSUBISHI ELECTRRIC CORPORATION, IN $ BILLIONS, 20132015 (YEAR END MARCH)FIG. 23 KEY FINANCIALS OF MITSUBISHI ELETCRIC CORPORATION, BY OPERATING SEGMENTS, 2014FIG. 24 SWOT ANALYSIS OF MITSUBISHI ELECTRIC CORPORATIONFIG. 25 KEY FINANCIALS OF EATON CORPORATION PLC, 20122014 ($MILLION)FIG. 26 KEY FINANCIALS OF EATON CORPORATION PLC, % DISTRIBUTION BY GEOGRAPHY, 2014FIG. 27 SWOT ANALYSIS OF EATON CORPORATION PLCFIG. 28 SWOT ANALYSIS OF GRIDBRIDGE, INC.FIG. 29 SWOT ANALYSIS OF VARENTEC INC.FIG. 30 SWOT ANALYSIS OF MASCHINENFABRIK REINHAUSEN GMBHList of TablesTABLE 1 WORLD SOLID STATE TRANSFORMERS MARKET (ACTUAL), BY PRODUCTS, 2014-2020 ($MILLION)TABLE 2 WORLD SOLID STATE TRANSFORMERS MARKET (ACTUAL-OPTIMISTIC), BY PRODUCTS, 2014-2020 ($MILLION)TABLE 3 WORLD SOLID STATE TRANSFORMERS MARKET (ACTUAL- DIMINISHING), BY PRODUCTS, 2014-2020 ($MILLION)TABLE 4 WORLD SOLID STATE TRANSFORMERS MARKET (POTENTIAL), BY PRODUCTS, 2014-2020 ($MILLION)TABLE 5 POWER SOLID STATE TRANSFORMERS MARKET (ACTUAL), BY GEOGRAPHY, 2014-2020 ($MILLION)TABLE 6 DISTRIBUTION SOLID STATE TRANSFORMERS MARKET (ACTUAL), BY GEOGRAPHY, 2014-2020 ($MILLION)TABLE 7 TRACTION SOLID STATE TRANSFORMERS MARKET (ACTUAL), BY GEOGRAPHY, 2014-2020 ($MILLION)TABLE 8 WORLD SOLID STATE TRANSFORMERS MARKET (ACTUAL), BY APPLICATIONS, 2014-2020 ($MILLION)TABLE 9 WORLD SOLID STATE TRANSFORMERS MARKET (ACTUAL-OPTIMISTIC), BY APPLICATIONS, 2014-2020 ($MILLION)TABLE 10 WORLD SOLID STATE TRANSFORMERS MARKET (ACTUAL- DIMINISHING), BY APPLICATIONS, 2014-2020 ($MILLION)TABLE 11 WORLD SOLID STATE TRANSFORMERS MARKET (POTENTIAL), BY APPLICATIONS, 2014-2020 ($MILLION)TABLE 12 ALTERNATIVE POWER GENERATION APPLICATION MARKET (ACTUAL), BY GEOGRAPHY, 2014-2020 ($MILLION)TABLE 13 POWER GRID APPLICATION MARKET (ACTUAL), BY GEOGRAPHY, 2014-2020 ($MILLION)TABLE 14 TRACTION LOCOMOTIVES APPLICATION MARKET (ACTUAL), BY GEOGRAPHY, 2014-2020 ($MILLION)TABLE 15 ELECTRIC VEHICLE CHARGING STATION APPLICATION MARKET (ACTUAL), BY GEOGRAPHY, 2014-2020 ($MILLION)TABLE 16 WORLD SOLID STATE TRANSFORMERS MARKET (ACTUAL), BY GEOGRAPHY, 2014-2020 ($MILLION)TABLE 17 WORLD SOLID STATE TRANSFORMERS MARKET (ACTUAL-OPTIMISTIC), BY GEOGRAPHY, 2014-2020 ($MILLION)TABLE 18 WORLD SOLID STATE TRANSFORMERS MARKET (ACTUAL- DIMINISHING), BY GEOGRAPHY, 2014-2020 ($MILLION)TABLE 19 WORLD SOLID STATE TRANSFORMERS MARKET (POTENTIAL), BY GEOGRAPHY, 2014-2020 ($MILLION)TABLE 20 NORTH AMERICA SOLID STATE TRANSFORMERS MARKET (ACTUAL), BY PRODUCTS, 2014-2020 ($MILLION)TABLE 21 EUROPE SOLID STATE TRANSFORMERS MARKET (ACTUAL), BY PRODUCTS, 2014-2020 ($MILLION)TABLE 22 ASIA PACIFIC SOLID STATE TRANSFORMERS MARKET (ACTUAL), BY PRODUCTS, 2014-2020 ($MILLION)TABLE 23 LAMEA SOLID STATE TRANSFORMERS MARKET (ACTUAL), BY PRODUCTS, 2014-2020 ($MILLION)TABLE 24 SNAPSHOT OF SCHNEIDER ELECTRIC SETABLE 25 SNAPSHOT OF GENERAL ELECTRIC COMPANYTABLE 26 SNAPSHOT OF ABB LTD.TABLE 27 SNAPSHOT OF SIEMENS AGTABLE 28 SNAPSHOT OF ALSTOM SATABLE 29 SNAPSHOT OF MITSUBISHI ELECTRIC CORPORATIONTABLE 30 SNAPSHOT OF EATON CORPORATION PLCTABLE 31 SNAPSHOT OF GRIDBRIDGE, INC.TABLE 32 SNAPSHOT OF VARENTEC, INC.TABLE 33 SNAPSHOT OF MASCHINENFABRIK REINHAUSEN GMBH

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