Solid State Transformers Market To Witness Rapid Development

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2025-12-12 07:06:29 -

Solid State Transformers Market Summary The global solid state transformers market size was valued at USD 169.4 million in 2024 and is projected to grow at a CAGR of 32.0% from 2025 to 2030. This rapid expansion is primarily driven by continued efforts to modernize aging power distribution networks and the increasing global adoption of electric vehicles (EVs), which require more...

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