APAC Solid State Transformers Market
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<strong>APAC</strong> <strong>Solid</strong> <strong>State</strong><br />
<strong>Transformers</strong> <strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and Forecast,<br />
2014-2020<br />
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Report Description<br />
With the increase in use of renewable energy and distributed energy sources, use of<br />
traditional transformers has increased the complexity of the electrical power grids. In<br />
order to overcome this complexity, there is need to adopt newer technologies to ensure<br />
better control and more reliable operation of the grid. <strong>Transformers</strong> are fundamental<br />
components of any power distribution system. However, this system does have certain<br />
drawbacks such as voltage drop under load, sensitivity to harmonics and performance<br />
degradation under system disruptions and overload. The need to cope with these<br />
disadvantages is gaining importance as supply of quality power is one of the major issues<br />
in today’s scenario. A solid state transformers (SST)is considered a key enabler for power<br />
grids, as they provide better control over the system, with high load handling capacity as<br />
well as efficient bi-directional power flow.<br />
A SST is capable of easily replacing a conventional transformer in an electrical system.<br />
Major applications of SST include locomotive and other traction systems, offshore energy<br />
generation systems (wind, tidal or any other source) and smart (power) grids. SSTs are<br />
able to deliver power at 400 Hz and can also be used as three-phase power system from<br />
a single phase line, which is difficult to obtain from conventional transformers.<br />
Depending upon its topologies, SSTs can be classified as:<br />
• AC to AC buck converter<br />
• SST with and without a DC link<br />
• Three-stage SST
Report Description<br />
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The SST market is in its nascent stage. It has huge market potential in the distribution<br />
network of power grids. The overall market is expected to grow at a double-digit CAGR<br />
between 2012 and 2020.The <strong>APAC</strong> region is estimated to account for the highest market<br />
share by 2020.Smart grids is expected to be the largest segment among the<br />
aforementioned applications. The expenditure on smart grids is highest in Asia Pacific,<br />
especially in China, which occupies largest share in the region.<br />
Major energy storage capacity additions, installation of renewable energy generation<br />
capacities, investments into power transmission and distribution infrastructure are the<br />
chief drivers of the solid state transformers market globally. Manufacturers are now<br />
engaging into major research and development efforts to bring SSTs into commercial<br />
installation and deployment however, cost-competitiveness will be a major challenge for<br />
the manufacturers..<br />
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Report Description<br />
Some of the major players in the market for solid state transformers technology are ABB<br />
(Switzerland), Siemens AG (Germany), Alstom (France), Schneider Electric SA (France),<br />
Avago Technologies Limited (U.S.), Bombardier, Inc. (Canada),Cooper Power Systems<br />
(U.S.), SPX <strong>Transformers</strong> (U.S.), GE (U.S.), Duke Energy (U.S.), Plasmatechnics, Inc. (U.S.),<br />
Selco (U.S.), Varentec (U.S.) and Gridco Systems (U.S.). The leading components<br />
manufacturing companies in the field of SST technology are CREE, Inc. (U.S.),<br />
STMicroelectronics (U.S.), Infineon Technologies (Germany) and Mitsubishi Electric<br />
Corporation (Japan).SSTs are being tested majorly in Europe and North America.<br />
SSTs ideally solve problems such as saturation of core of nonlinear load, poor voltage<br />
regulations and bulky systems, and they also serve as an energy router for smart grid<br />
energy network, thus improving scope of its application areas. The solid state transformer<br />
does not utilize any hazardous liquid dielectrics, thus giving it an edge over conventional<br />
transformers. Smart grid and traction transformers offer substantial market opportunity<br />
to solid state transformers. Commercialization for SST is low currently, but this is<br />
expected to increase over the next two years owing to research and development efforts<br />
by companies and add-on benefits.<br />
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