The global HVDC Systems market size was valued at US$ 8727 million in 2023. With growing demand in downstream market, the HVDC Systems is forecast to a readjusted size of US$ 13930 million by 2030 with a CAGR of 6.9% during review period.
The research report highlights the growth potential of the global HVDC Systems market. HVDC Systems are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of HVDC Systems. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the HVDC Systems market.
HVDC system enables utilities to move more power further, interconnect grids, integrate renewables, and improve network performance. HVDC systems utilize power electronics technology to convert AC and DC voltage, and are ideal for supporting existing systems or building new power highways.
Key Features:
The report on HVDC Systems market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the HVDC Systems market. It may include historical data, market segmentation by Type (e.g., Point-to-Point Transmission, Back-to-Back Station), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the HVDC Systems market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the HVDC Systems market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the HVDC Systems industry. This include advancements in HVDC Systems technology, HVDC Systems new entrants, HVDC Systems new investment, and other innovations that are shaping the future of HVDC Systems.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the HVDC Systems market. It includes factors influencing customer ' purchasing decisions, preferences for HVDC Systems product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the HVDC Systems market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting HVDC Systems market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the HVDC Systems market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the HVDC Systems industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the HVDC Systems market.
Market Segmentation:
HVDC Systems market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Point-to-Point Transmission
Back-to-Back Station
Multi-Terminal System
Segmentation by application
Underground Power Transmission
Overhead Transmission
Offshore Power Transmission
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
General Electric Co
Siemens AG
ABB Ltd
Mitsubishi Electric Corporation
Toshiba Corporation
American Superconductor Corp
Hitachi Ltd
Schneider Electric
Prysmian Group
NR Electric Co
Sumitomo Electric industries
Nexans SA
NKT A/S
LS Industrial Systems Co
Key Questions Addressed in this Report
What is the 10-year outlook for the global HVDC Systems market?
What factors are driving HVDC Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do HVDC Systems market opportunities vary by end market size?
How does HVDC Systems break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global HVDC Systems Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for HVDC Systems by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for HVDC Systems by Country/Region, 2019, 2023 & 2030
2.2 HVDC Systems Segment by Type
2.2.1 Point-to-Point Transmission
2.2.2 Back-to-Back Station
2.2.3 Multi-Terminal System
2.3 HVDC Systems Sales by Type
2.3.1 Global HVDC Systems Sales Market Share by Type (2019-2024)
2.3.2 Global HVDC Systems Revenue and Market Share by Type (2019-2024)
2.3.3 Global HVDC Systems Sale Price by Type (2019-2024)
2.4 HVDC Systems Segment by Application
2.4.1 Underground Power Transmission
2.4.2 Overhead Transmission
2.4.3 Offshore Power Transmission
2.4.4 Other
2.5 HVDC Systems Sales by Application
2.5.1 Global HVDC Systems Sale Market Share by Application (2019-2024)
2.5.2 Global HVDC Systems Revenue and Market Share by Application (2019-2024)
2.5.3 Global HVDC Systems Sale Price by Application (2019-2024)
3 Global HVDC Systems by Company
3.1 Global HVDC Systems Breakdown Data by Company
3.1.1 Global HVDC Systems Annual Sales by Company (2019-2024)
3.1.2 Global HVDC Systems Sales Market Share by Company (2019-2024)
3.2 Global HVDC Systems Annual Revenue by Company (2019-2024)
3.2.1 Global HVDC Systems Revenue by Company (2019-2024)
3.2.2 Global HVDC Systems Revenue Market Share by Company (2019-2024)
3.3 Global HVDC Systems Sale Price by Company
3.4 Key Manufacturers HVDC Systems Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers HVDC Systems Product Location Distribution
3.4.2 Players HVDC Systems Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for HVDC Systems by Geographic Region
4.1 World Historic HVDC Systems Market Size by Geographic Region (2019-2024)
4.1.1 Global HVDC Systems Annual Sales by Geographic Region (2019-2024)
4.1.2 Global HVDC Systems Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic HVDC Systems Market Size by Country/Region (2019-2024)
4.2.1 Global HVDC Systems Annual Sales by Country/Region (2019-2024)
4.2.2 Global HVDC Systems Annual Revenue by Country/Region (2019-2024)
4.3 Americas HVDC Systems Sales Growth
4.4 APAC HVDC Systems Sales Growth
4.5 Europe HVDC Systems Sales Growth
4.6 Middle East & Africa HVDC Systems Sales Growth
5 Americas
5.1 Americas HVDC Systems Sales by Country
5.1.1 Americas HVDC Systems Sales by Country (2019-2024)
5.1.2 Americas HVDC Systems Revenue by Country (2019-2024)
5.2 Americas HVDC Systems Sales by Type
5.3 Americas HVDC Systems Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC HVDC Systems Sales by Region
6.1.1 APAC HVDC Systems Sales by Region (2019-2024)
6.1.2 APAC HVDC Systems Revenue by Region (2019-2024)
6.2 APAC HVDC Systems Sales by Type
6.3 APAC HVDC Systems Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe HVDC Systems by Country
7.1.1 Europe HVDC Systems Sales by Country (2019-2024)
7.1.2 Europe HVDC Systems Revenue by Country (2019-2024)
7.2 Europe HVDC Systems Sales by Type
7.3 Europe HVDC Systems Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa HVDC Systems by Country
8.1.1 Middle East & Africa HVDC Systems Sales by Country (2019-2024)
8.1.2 Middle East & Africa HVDC Systems Revenue by Country (2019-2024)
8.2 Middle East & Africa HVDC Systems Sales by Type
8.3 Middle East & Africa HVDC Systems Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of HVDC Systems
10.3 Manufacturing Process Analysis of HVDC Systems
10.4 Industry Chain Structure of HVDC Systems
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 HVDC Systems Distributors
11.3 HVDC Systems Customer
12 World Forecast Review for HVDC Systems by Geographic Region
12.1 Global HVDC Systems Market Size Forecast by Region
12.1.1 Global HVDC Systems Forecast by Region (2025-2030)
12.1.2 Global HVDC Systems Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global HVDC Systems Forecast by Type
12.7 Global HVDC Systems Forecast by Application
13 Key Players Analysis
13.1 General Electric Co
13.1.1 General Electric Co Company Information
13.1.2 General Electric Co HVDC Systems Product Portfolios and Specifications
13.1.3 General Electric Co HVDC Systems Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 General Electric Co Main Business Overview
13.1.5 General Electric Co Latest Developments
13.2 Siemens AG
13.2.1 Siemens AG Company Information
13.2.2 Siemens AG HVDC Systems Product Portfolios and Specifications
13.2.3 Siemens AG HVDC Systems Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Siemens AG Main Business Overview
13.2.5 Siemens AG Latest Developments
13.3 ABB Ltd
13.3.1 ABB Ltd Company Information
13.3.2 ABB Ltd HVDC Systems Product Portfolios and Specifications
13.3.3 ABB Ltd HVDC Systems Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 ABB Ltd Main Business Overview
13.3.5 ABB Ltd Latest Developments
13.4 Mitsubishi Electric Corporation
13.4.1 Mitsubishi Electric Corporation Company Information
13.4.2 Mitsubishi Electric Corporation HVDC Systems Product Portfolios and Specifications
13.4.3 Mitsubishi Electric Corporation HVDC Systems Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Mitsubishi Electric Corporation Main Business Overview
13.4.5 Mitsubishi Electric Corporation Latest Developments
13.5 Toshiba Corporation
13.5.1 Toshiba Corporation Company Information
13.5.2 Toshiba Corporation HVDC Systems Product Portfolios and Specifications
13.5.3 Toshiba Corporation HVDC Systems Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Toshiba Corporation Main Business Overview
13.5.5 Toshiba Corporation Latest Developments
13.6 American Superconductor Corp
13.6.1 American Superconductor Corp Company Information
13.6.2 American Superconductor Corp HVDC Systems Product Portfolios and Specifications
13.6.3 American Superconductor Corp HVDC Systems Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 American Superconductor Corp Main Business Overview
13.6.5 American Superconductor Corp Latest Developments
13.7 Hitachi Ltd
13.7.1 Hitachi Ltd Company Information
13.7.2 Hitachi Ltd HVDC Systems Product Portfolios and Specifications
13.7.3 Hitachi Ltd HVDC Systems Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Hitachi Ltd Main Business Overview
13.7.5 Hitachi Ltd Latest Developments
13.8 Schneider Electric
13.8.1 Schneider Electric Company Information
13.8.2 Schneider Electric HVDC Systems Product Portfolios and Specifications
13.8.3 Schneider Electric HVDC Systems Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Schneider Electric Main Business Overview
13.8.5 Schneider Electric Latest Developments
13.9 Prysmian Group
13.9.1 Prysmian Group Company Information
13.9.2 Prysmian Group HVDC Systems Product Portfolios and Specifications
13.9.3 Prysmian Group HVDC Systems Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Prysmian Group Main Business Overview
13.9.5 Prysmian Group Latest Developments
13.10 NR Electric Co
13.10.1 NR Electric Co Company Information
13.10.2 NR Electric Co HVDC Systems Product Portfolios and Specifications
13.10.3 NR Electric Co HVDC Systems Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 NR Electric Co Main Business Overview
13.10.5 NR Electric Co Latest Developments
13.11 Sumitomo Electric industries
13.11.1 Sumitomo Electric industries Company Information
13.11.2 Sumitomo Electric industries HVDC Systems Product Portfolios and Specifications
13.11.3 Sumitomo Electric industries HVDC Systems Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Sumitomo Electric industries Main Business Overview
13.11.5 Sumitomo Electric industries Latest Developments
13.12 Nexans SA
13.12.1 Nexans SA Company Information
13.12.2 Nexans SA HVDC Systems Product Portfolios and Specifications
13.12.3 Nexans SA HVDC Systems Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Nexans SA Main Business Overview
13.12.5 Nexans SA Latest Developments
13.13 NKT A/S
13.13.1 NKT A/S Company Information
13.13.2 NKT A/S HVDC Systems Product Portfolios and Specifications
13.13.3 NKT A/S HVDC Systems Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 NKT A/S Main Business Overview
13.13.5 NKT A/S Latest Developments
13.14 LS Industrial Systems Co
13.14.1 LS Industrial Systems Co Company Information
13.14.2 LS Industrial Systems Co HVDC Systems Product Portfolios and Specifications
13.14.3 LS Industrial Systems Co HVDC Systems Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 LS Industrial Systems Co Main Business Overview
13.14.5 LS Industrial Systems Co Latest Developments
14 Research Findings and Conclusion
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