Global Solid State Transformers Market Is Expected to Reach $247.0 Million by 2020; Finds New Report

Lewes, DE -- (SBWIRE) -- 02/12/2016 -- Opportunity Analysis of World Solid State Transformers Market by 2020, projects global solid state transformers sales to reach $247.0 million by 2020. Power solid state transformers segment is estimated to occupy more than half of the market revenue by 2020. The North American market is anticipated to exhibit the highest CAGR of 49.3% during the forecast period.