Increasing Opportunities in Solid State Smart Transformers Market 2019-2025: ABB, General Electric, Alstom, Mitsubishi Electric, Siemens Etc
The latest market report by a Reports monitors with the title 'Global Solid State Smart Transformers Market size (in 2018) and CAGR between 2019 and 2025.' The solid-state transformer (SST) was conceived as a replacement for the conventional power transformer, with both lower volume and weight. The smart transformer (ST) is an SST that provides ancillary services to the distribution and transmission grids to optimize their performance. Hence, the focus shifts from hardware advantages to functionalities. One of the most...
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