Solid State Transformer Market Players:
- Hitachi Energy Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Schneider Electric
- Siemens Energy
- Eaton
- General Electric Company
- ERMCO
- Alstom SA
- ABB Ltd
- Mitsubishi Electric Corporation
The key player in the field of solid state transformer market is estimated to have a significant influence on the growth owing to their rising initiatives and launch of number of products. Some of the major players consist of:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of solid state transformer is evaluated at USD 195.95 million.
The global solid state transformer market size was worth over USD 172.23 million in 2025 and is poised to witness a CAGR of around 15.3%, crossing USD 715.16 million revenue by 2035.
Asia Pacific solid state transformer market will hold more than 44.70% share by 2035, driven by the rising urban population increasing energy demand.
Key players in the market include Hitachi Energy Ltd., Schneider Electric SE, Siemens Energy AG, General Electric Company, ABB Ltd., Mitsubishi Electric Corporation, Eaton Corporation plc, Alstom SA, SPX Transformer Solutions, Inc., Toshiba Energy Systems & Solutions Corporation.
