The theory of transient currents in dielectric layers at a limited level of single injection is suggested. As a result of the analysis six mechanisms of the transient process are revealed, that lead to a stationary space‐charge‐limited current. The conditions of existence and characteristic features of each of the mechanisms are ascertained. For all stages of the transient process a complete analysis of these mechanisms typical for the strong injection case, is performed. Analytical expressions for the time behaviour of the total current, total charge, space‐charge centroid, and electric field strength on the injecting interface, are obtained they correspond to the results of exact (numerical) solution of the general problem.