Technology News & Trends

  According to a new research report published by Transparency Market Research (TMR) , the  global solid state transformer market  is expected to reach value of US$ 1,141.0 Mn by 2027, expanding at a CAGR of 21.7% from 2019 to 2027. According to the report, the global market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, Europe is projected to continue to lead the global market, with the market in the region expanding at a CAGR of 23.4% between 2019 and 2027. Rising demand for use in high-speed trains and high-power electric locomotives driving the global solid state transformer market The global solid state transformer market has witnessed strong growth over the last decade. One of the major drivers of the market is rising demand for SST for use in high-speed trains and high-power electric locomotives. High-speed trains and high-power electric locomotives offer several advantages s...

According to a new research report published by Transparency Market Research (TMR) , the  global solid state transformer market  is expected to reach value of US$ 1,141.0 Mn by 2027, expanding at a CAGR of 21.7% from 2019 to 2027. According to the report, the global market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, Europe is projected to continue to lead the global market, with the market in the region expanding at a CAGR of 23.4% between 2019 and 2027.  Rising demand for use in high-speed trains and high-power electric locomotives driving the global solid state transformer market The global solid state transformer market has witnessed strong growth over the last decade. One of the major drivers of the market is rising demand for SST for use in high-speed trains and high-power electric locomotives. High-speed trains and high-power electric locomotives offer several advanta...