High Voltage Direct Current (HVDC) Transmission Market 2024 Growth Analysis by Market Dynamics, Emerging Trends, Key Manufacturers and Forecast to 2030
The manufactures in High Voltage Direct Current (HVDC) Transmission Market report are as follows: Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group, GE Grid Solution, TBEA, Xuji Group, Nexans, NKT, Toshiba Energy Systems & Solutions, Mitsubishi Electric, NR Electric
Global “High Voltage Direct Current (HVDC) Transmission Market” is witnessing significant growth due to advancements in technology, more precise and accurate testing, rapidly growing elderly population and increasing number of products on the market. Conduct an in-depth investigation of the secondary sources and market shares of the key companies. The report looks at sales revenue, secondary sources, and a detailed analysis of the company’s market share in the respective markets.
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Market Analysis and Insights: Global High Voltage Direct Current (HVDC) Transmission Market
HVDC Transmission uses direct current for the bulk transmission of electrical power, in contrast with the more common alternating current (AC) systems. For long-distance transmission, HVDC systems may be less expensive and suffer lower electrical losses. For underwater power cables, HVDC avoids the heavy currents required to charge and discharge the cable capacitance each cycle. For shorter distances, the higher cost of DC conversion equipment compared to an AC system may still be justified, due to other benefits of direct current links.
HVDC allows power transmission between unsynchronized AC transmission systems. Since the power flow through an HVDC link can be controlled independently of the phase angle between source and load, it can stabilize a network against disturbances due to rapid changes in power. HVDC also allows transfer of power between grid systems running at different frequencies, such as 50 Hz and 60 Hz. This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.
Global key players of high voltage direct current (HVDC) transmission include Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group and GE Grid Solution, etc. Top 2 players occupy for a share about 45%. Asia-Pacific is the largest market, with a share about 62%, followed by North America and Europe. In terms of product, less than 400 KV is the largest segment, with a share over 56%. In terms of application, overhead transmission is the largest market, with a share over 74%.
The Global Info Research report includes an overview of the development of the High Voltage Direct Current (HVDC) Transmission industry chain, the market status of Overhead Transmission (Less than 400 KV, 400-800 KV), Underground Transmission (Less than 400 KV, 400-800 KV), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of High Voltage Direct Current (HVDC) Transmission.
Regionally, the report analyzes the High Voltage Direct Current (HVDC) Transmission markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global High Voltage Direct Current (HVDC) Transmission market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Market segmentation
High Voltage Direct Current (HVDC) Transmission market is split by Type and by Application. For the period 2019-2030, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
The major players covered in the High Voltage Direct Current (HVDC) Transmission market report are:
- Hitachi ABB Power Grids
- Siemens
- Prysmian Group
- XD Group
- GE Grid Solution
- TBEA
- Xuji Group
- Nexans
- NKT
- Toshiba Energy Systems & Solutions
- Mitsubishi Electric
- NR Electric
Market segment by Type, covers
- Less than 400 KV
- 400-800 KV
- Above 800 KV
Market segment by Application can be divided into
- Overhead Transmission
- Underground Transmission
- Subsea Transmission
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Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
- Chapter 1, to describe High Voltage Direct Current (HVDC) Transmission product scope, market overview, market estimation caveats and base year.
- Chapter 2, to profile the top manufacturers of High Voltage Direct Current (HVDC) Transmission, with price, sales, revenue and global market share of High Voltage Direct Current (HVDC) Transmission from 2019 to 2024.
- Chapter 3, the High Voltage Direct Current (HVDC) Transmission competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
- Chapter 4, the High Voltage Direct Current (HVDC) Transmission breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
- Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
- Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and High Voltage Direct Current (HVDC) Transmission market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
- Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
- Chapter 13, the key raw materials and key suppliers, and industry chain of High Voltage Direct Current (HVDC) Transmission.
- Chapter 14 and 15, to describe High Voltage Direct Current (HVDC) Transmission sales channel, distributors, customers, research findings and conclusion.
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Questions answered in the High Voltage Direct Current (HVDC) Transmission market research report:
- What is the High Voltage Direct Current (HVDC) Transmission market size?
- What are the market driving factors behind the High Voltage Direct Current (HVDC) Transmission market?
- What are the market trends and forecast for the global High Voltage Direct Current (HVDC) Transmission market?
- What are the trends and forecasts based on market research and analysis of High Voltage Direct Current (HVDC) Transmission market segmentation by type, application, and geography?
- Which are the major global High Voltage Direct Current (HVDC) Transmission companies?
- What is the CAGR and Revenue expected in future?
Detailed TOC of Global High Voltage Direct Current (HVDC) Transmission Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
1 High Voltage Direct Current (HVDC) Transmission Market Overview
1.1 Introduction
1.2 Market Analysis by Type
1.2.1 Overview: Global Revenue by Type: 2017 Versus 2021 Versus 2030
1.3 Market Analysis by Application
1.4 Global Market Size & Forecast
1.4.1 Global Sales in Value (2017 & 2021 & 2030)
1.4.2 Global Sales in Volume (2019-2030)
1.4.3 Global Price (2019-2030)
1.5 Global Production Capacity Analysis
1.5.1 Global Total Production Capacity (2019-2030)
1.5.2 Global Production Capacity by Geographic Region
1.6 Market Drivers, Restraints and Trends
1.6.1 High Voltage Direct Current (HVDC) Transmission Market Drivers
1.6.2 High Voltage Direct Current (HVDC) Transmission Market Restraints
1.6.3 High Voltage Direct Current (HVDC) Transmission Trends Analysis
2 Manufacturers Profiles
2.1 Manufacture 1
2.1.1 Manufacture 1 Details
2.1.2 Manufacture 1 Major Business
2.1.3 Manufacture 1 High Voltage Direct Current (HVDC) Transmission Product and Services
2.1.4 Manufacture 1 High Voltage Direct Current (HVDC) Transmission Sales, Price, Revenue, Gross Margin and Market Share (2019, 2020, 2021, and 2024)
2.2 Manufacture 2
2.2.1 Manufacture 2 Details
2.2.2 Manufacture 2 Major Business
2.2.3 Manufacture 2 High Voltage Direct Current (HVDC) Transmission Product and Services
2.2.4 Manufacture 2 High Voltage Direct Current (HVDC) Transmission Sales, Price, Revenue, Gross Margin and Market Share (2019, 2020, 2021, and 2024)
2.3 Manufacture 3
2.3.1 Manufacture 3 Details
2.3.2 Manufacture 3 Major Business
2.3.3 Manufacture 3 High Voltage Direct Current (HVDC) Transmission Product and Services
2.3.4 Manufacture 3 High Voltage Direct Current (HVDC) Transmission Sales, Price, Revenue, Gross Margin and Market Share (2019, 2020, 2021, and 2024)
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3 High Voltage Direct Current (HVDC) Transmission Breakdown Data by Manufacturer
3.1 Global High Voltage Direct Current (HVDC) Transmission Sales in Volume by Manufacturer (2019, 2020, 2021, and 2024)
3.2 Global High Voltage Direct Current (HVDC) Transmission Revenue by Manufacturer (2019, 2020, 2021, and 2024)
3.3 Key Manufacturer Market Position in High Voltage Direct Current (HVDC) Transmission
3.4 Market Concentration Rate
3.4.1 Top 3 High Voltage Direct Current (HVDC) Transmission Manufacturer Market Share in 2021
3.4.2 Top 6 High Voltage Direct Current (HVDC) Transmission Manufacturer Market Share in 2021
3.5 Global High Voltage Direct Current (HVDC) Transmission Production Capacity by Company: 2021 VS 2024
3.6 Manufacturer by Geography: Head Office and High Voltage Direct Current (HVDC) Transmission Production Site
3.7 New Entrant and Capacity Expansion Plans
3.8 Mergers & Acquisitions
4 High Voltage Direct Current (HVDC) Transmission Market Analysis by Region
4.1 Global Market Size by Region
4.1.1 Global Sales in Volume by Region (2019-2030)
4.1.2 Global Revenue by Region (2019-2030)
4.2 North America High Voltage Direct Current (HVDC) Transmission Revenue (2019-2030)
4.3 Europe High Voltage Direct Current (HVDC) Transmission Revenue (2019-2030)
4.4 Asia-Pacific Revenue (2019-2030)
4.5 South America Revenue (2019-2030)
4.6 Middle East and Africa Revenue (2019-2030)
5 High Voltage Direct Current (HVDC) Transmission Market Segment by Type
5.1 Global Sales in Volume by Type (2019-2030)
5.2 Global Revenue by Type (2019-2030)
5.3 Global Price by Type (2019-2030)
6 High Voltage Direct Current (HVDC) Transmission Market Segment by Application
6.1 Global Sales in Volume by Application (2019-2030)
6.2 Global Revenue by Application (2019-2030)
6.3 Global Price by Application (2019-2030)
7 North America by Country, by Type, and by Application
7.1 North America High Voltage Direct Current (HVDC) Transmission Sales by Type (2019-2030)
7.2 North America High Voltage Direct Current (HVDC) Transmission Sales by Application (2019-2030)
7.3 North America High Voltage Direct Current (HVDC) Transmission Market Size by Country
7.3.1 North America High Voltage Direct Current (HVDC) Transmission Sales in Volume by Country (2019-2030)
7.3.2 North America High Voltage Direct Current (HVDC) Transmission Revenue by Country (2019-2030)
7.3.3 United States Market Size and Forecast (2019-2030)
7.3.4 Canada Market Size and Forecast (2019-2030)
7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe by Country, by Type, and by Application
8.1 Europe High Voltage Direct Current (HVDC) Transmission Sales by Type (2019-2030)
8.2 Europe High Voltage Direct Current (HVDC) Transmission Sales by Application (2019-2030)
8.3 Europe High Voltage Direct Current (HVDC) Transmission Market Size by Country
8.3.1 Europe High Voltage Direct Current (HVDC) Transmission Sales in Volume by Country (2019-2030)
8.3.2 Europe High Voltage Direct Current (HVDC) Transmission Revenue by Country (2019-2030)
8.3.3 Germany Market Size and Forecast (2019-2030)
8.3.4 France Market Size and Forecast (2019-2030)
8.3.5 United Kingdom Market Size and Forecast (2019-2030)
8.3.6 Russia Market Size and Forecast (2019-2030)
8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific by Region, by Type, and by Application
9.1 Asia-Pacific High Voltage Direct Current (HVDC) Transmission Sales by Type (2019-2030)
9.2 Asia-Pacific High Voltage Direct Current (HVDC) Transmission Sales by Application (2019-2030)
9.3 Asia-Pacific High Voltage Direct Current (HVDC) Transmission Market Size by Region
9.3.1 Asia-Pacific High Voltage Direct Current (HVDC) Transmission Sales in Volume by Region (2019-2030)
9.3.2 Asia-Pacific High Voltage Direct Current (HVDC) Transmission Revenue by Region (2019-2030)
9.3.3 China Market Size and Forecast (2019-2030)
9.3.4 Japan Market Size and Forecast (2019-2030)
9.3.5 Korea Market Size and Forecast (2019-2030)
9.3.6 India Market Size and Forecast (2019-2030)
9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America by Region, by Type, and by Application
10.1 South America High Voltage Direct Current (HVDC) Transmission Sales by Type (2019-2030)
10.2 South America High Voltage Direct Current (HVDC) Transmission Sales by Application (2019-2030)
10.3 South America High Voltage Direct Current (HVDC) Transmission Market Size by Country
10.3.1 South America High Voltage Direct Current (HVDC) Transmission Sales in Volume by Country (2019-2030)
10.3.2 South America High Voltage Direct Current (HVDC) Transmission Revenue by Country (2019-2030)
10.3.3 Brazil Market Size and Forecast (2019-2030)
10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa by Country, by Type, and by Application
11.1 Middle East & Africa High Voltage Direct Current (HVDC) Transmission Sales by Type (2019-2030)
11.2 Middle East & Africa High Voltage Direct Current (HVDC) Transmission Sales by Application (2019-2030)
11.3 Middle East & Africa High Voltage Direct Current (HVDC) Transmission Market Size by Country
11.3.1 Middle East & Africa High Voltage Direct Current (HVDC) Transmission Sales in Volume by Country (2019-2030)
11.3.2 Middle East & Africa High Voltage Direct Current (HVDC) Transmission Revenue by Country (2019-2030)
11.3.3 Turkey Market Size and Forecast (2019-2030)
11.3.4 Egypt Market Size and Forecast (2019-2030)
11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Raw Material and Industry Chain
12.1 Raw Material of High Voltage Direct Current (HVDC) Transmission and Key Manufacturers
12.2 Manufacturing Costs Percentage of High Voltage Direct Current (HVDC) Transmission
12.3 High Voltage Direct Current (HVDC) Transmission Production Process
12.4 High Voltage Direct Current (HVDC) Transmission Industrial Chain
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.2 High Voltage Direct Current (HVDC) Transmission Typical Distributors
13.3 High Voltage Direct Current (HVDC) Transmission Typical Customers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Research Process and Data Source
15.3 Disclaimer
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