Rising Demand and Technological Advancements Propel Growth in the Solid State Transformer Market
Solid State Transformer Market overview:
In 2022, the market size of Solid State Transformers reached USD 0.1 billion. The industry is anticipated to witness substantial growth, with projections indicating an increase from USD 0.11 billion in 2023 to USD 0.37 billion by 2032. This growth reflects a notable compound annual growth rate (CAGR) of 15.80% over the forecast period from 2023...
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