Industrial Consultancy & Sponsored Research (IC&SR) , IIT Madras
Category- Electronics and Circuits
Industry Classification:
Renewable energy; Electric power generation; Electrical Equipment and Component Manufacturing
Applications:
Renewable Energy Systems Integration; Electric Vehicle (EV) Charging Stations; Smart Grid and Micro grid Applications; Data Centers and Industrial Power Systems; Traction and Marine Applications
Market report:
The global Solid-State Transformer market was valued at USD 100 million in 2024 and is projected to grow to USD 241 million by 2030, registering a CAGR of 15.8%
Prof. Kamalesh Hatua
Department of Electrical Engineering
TRL 5
Technology validated in Relevant Environment