HVDC transmission Market Scope and Size by 2031
MARKET INTRODUCTION
The high voltage direct current HVDC stands for high voltage direct current transmission is the transmission of electricity over long distances in the form of DC utilizing submarine cables or overhead transmission line. HVDC is often known as electrical superhighway or power super highway.
MARKET DYNAMICS
The HVDC transmission market is heavily influenced by driving factors such as optimal solution for long distance transmission, growing demand for VSC technology and focus towards renewable energy sources, supportive government policies and initiatives for HVDC transmission and challenges with nuclear and fossil fuel-fed power plants boosts the market growth. However high cost of installing HVDC transmission systems and circuit breakers is impacting negatively on the growth of this market in the current market scenario.
MARKET SCOPE
The "global HVDC transmission Market Analysis to 2031" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global HVDC transmission market trend analysis. The report aims to provide an overview of the HVDC transmission market with detailed market segmentation by working type, by frequency band, by application, by country. The global HVDC transmission market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading HVDC transmission market players and offers key trends and opportunities in the HVDC transmission market.
MARKET SEGMENTATION
The global HVDC transmission market is segmented on the basis of component, project type, technology and application. Based on component type the market is segmented as converter stations and transmission cables. Further the converter stations is segmented as valves, thyristor valves, transformers, harmonic filters, circuit breakers and reactors. On the basis of project type the market is segmented as point-to-point transmission, back-to-back stations and multi-terminal systems. On the basis of technology the market is segmented as capacitor commutated converter (CCC), voltage source converter (VSC) and line commutated converter (LCC).Further the point-to-point transmission is segmented as monopolar and bipolar.Based on application the market is sgemented as bulk power transmission,interconnecting grids and infeed urban areas. REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global HVDC transmission market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The HVDC transmission market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting HVDC transmission market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the HVDC transmission market in these regions.
By Component
By Project Type
By Technology
By Application
MARKET PLAYERS
The reports cover key developments in the HVDC transmission market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from HVDC transmission market are anticipated to lucrative growth opportunities in the future with the rising demand for HVDC transmission in the global market. Below mentioned is the list of few companies engaged in the HVDC transmission market.
The report also includes the profiles of key HVDC transmission companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
The high voltage direct current HVDC stands for high voltage direct current transmission is the transmission of electricity over long distances in the form of DC utilizing submarine cables or overhead transmission line. HVDC is often known as electrical superhighway or power super highway.
MARKET DYNAMICS
The HVDC transmission market is heavily influenced by driving factors such as optimal solution for long distance transmission, growing demand for VSC technology and focus towards renewable energy sources, supportive government policies and initiatives for HVDC transmission and challenges with nuclear and fossil fuel-fed power plants boosts the market growth. However high cost of installing HVDC transmission systems and circuit breakers is impacting negatively on the growth of this market in the current market scenario.
MARKET SCOPE
The "global HVDC transmission Market Analysis to 2031" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global HVDC transmission market trend analysis. The report aims to provide an overview of the HVDC transmission market with detailed market segmentation by working type, by frequency band, by application, by country. The global HVDC transmission market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading HVDC transmission market players and offers key trends and opportunities in the HVDC transmission market.
MARKET SEGMENTATION
The global HVDC transmission market is segmented on the basis of component, project type, technology and application. Based on component type the market is segmented as converter stations and transmission cables. Further the converter stations is segmented as valves, thyristor valves, transformers, harmonic filters, circuit breakers and reactors. On the basis of project type the market is segmented as point-to-point transmission, back-to-back stations and multi-terminal systems. On the basis of technology the market is segmented as capacitor commutated converter (CCC), voltage source converter (VSC) and line commutated converter (LCC).Further the point-to-point transmission is segmented as monopolar and bipolar.Based on application the market is sgemented as bulk power transmission,interconnecting grids and infeed urban areas. REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global HVDC transmission market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The HVDC transmission market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting HVDC transmission market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the HVDC transmission market in these regions.
HVDC transmission Market Report Analysis
HVDC transmission Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- ABB
- C EPRI Electric Power Engineering Co Ltd
- GENERAL ELECTRIC
- Hitachi Ltd
- Mitsubishi Electric Corporation
- NEXANS
- NR Electric Co Ltd
- PSC Group LL
- Siemens
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Component
- Converter Stations
- Transmission Cables
By Project Type
- Point-To-Point Transmission
By Technology
- Capacitor Commutated Converter
- Voltage Source Converter
- Line Commutated Converter
By Application
- Bulk Power Transmission
- Interconnecting Grids
- Infeed Urban Areas
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The reports cover key developments in the HVDC transmission market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from HVDC transmission market are anticipated to lucrative growth opportunities in the future with the rising demand for HVDC transmission in the global market. Below mentioned is the list of few companies engaged in the HVDC transmission market.
The report also includes the profiles of key HVDC transmission companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
- ABB
- C-EPRI Electric Power Engineering Co., Ltd
- GENERAL ELECTRIC
- Hitachi, Ltd
- Mitsubishi Electric Corporation
- NEXANS
- NR Electric Co., Ltd
- PSC Group, LL
- Siemens
- TransGrid Solutions
HVDC transmission Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Component
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
1.ABB
2.C-EPRI Electric Power Engineering Co., Ltd
3.GENERAL ELECTRIC
4.Hitachi, Ltd
5.Mitsubishi Electric Corporation
6.NEXANS
7.NR Electric Co., Ltd
8.PSC Group, LL
9.Siemens
10.TransGrid Solutions
1.ABB
2.C-EPRI Electric Power Engineering Co., Ltd
3.GENERAL ELECTRIC
4.Hitachi, Ltd
5.Mitsubishi Electric Corporation
6.NEXANS
7.NR Electric Co., Ltd
8.PSC Group, LL
9.Siemens
10.TransGrid Solutions
Get Free Sample For