
The global VSC–HVDC Transmission market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
United States market for VSC–HVDC Transmission is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for VSC–HVDC Transmission is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for VSC–HVDC Transmission is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key VSC–HVDC Transmission players cover Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group, GE Grid Solution, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The “VSC–HVDC Transmission Industry Forecast” looks at past sales and reviews total world VSC–HVDC Transmission sales in 2024, providing a comprehensive analysis by region and market sector of projected VSC–HVDC Transmission sales for 2025 through 2031. With VSC–HVDC Transmission sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world VSC–HVDC Transmission industry.
This Insight Report provides a comprehensive analysis of the global VSC–HVDC Transmission landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on VSC–HVDC Transmission portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global VSC–HVDC Transmission market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for VSC–HVDC Transmission and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global VSC–HVDC Transmission.
This report presents a comprehensive overview, market shares, and growth opportunities of VSC–HVDC Transmission market by product type, application, key players and key regions and countries.
Segmentation by Type:
Less than 400 KV
400-800 KV
Above 800 KV
Segmentation by Application:
Subsea Transmission
Underground Transmission
Overhead Transmission
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.
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
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 VSC–HVDC Transmission Market Size (2020-2031)
2.1.2 VSC–HVDC Transmission Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for VSC–HVDC Transmission by Country/Region (2020, 2024 & 2031)
2.2 VSC–HVDC Transmission Segment by Type
2.2.1 Less than 400 KV
2.2.2 400-800 KV
2.2.3 Above 800 KV
2.3 VSC–HVDC Transmission Market Size by Type
2.3.1 VSC–HVDC Transmission Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global VSC–HVDC Transmission Market Size Market Share by Type (2020-2025)
2.4 VSC–HVDC Transmission Segment by Application
2.4.1 Subsea Transmission
2.4.2 Underground Transmission
2.4.3 Overhead Transmission
2.5 VSC–HVDC Transmission Market Size by Application
2.5.1 VSC–HVDC Transmission Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global VSC–HVDC Transmission Market Size Market Share by Application (2020-2025)
3 VSC–HVDC Transmission Market Size by Player
3.1 VSC–HVDC Transmission Market Size Market Share by Player
3.1.1 Global VSC–HVDC Transmission Revenue by Player (2020-2025)
3.1.2 Global VSC–HVDC Transmission Revenue Market Share by Player (2020-2025)
3.2 Global VSC–HVDC Transmission Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 VSC–HVDC Transmission by Region
4.1 VSC–HVDC Transmission Market Size by Region (2020-2025)
4.2 Global VSC–HVDC Transmission Annual Revenue by Country/Region (2020-2025)
4.3 Americas VSC–HVDC Transmission Market Size Growth (2020-2025)
4.4 APAC VSC–HVDC Transmission Market Size Growth (2020-2025)
4.5 Europe VSC–HVDC Transmission Market Size Growth (2020-2025)
4.6 Middle East & Africa VSC–HVDC Transmission Market Size Growth (2020-2025)
5 Americas
5.1 Americas VSC–HVDC Transmission Market Size by Country (2020-2025)
5.2 Americas VSC–HVDC Transmission Market Size by Type (2020-2025)
5.3 Americas VSC–HVDC Transmission Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC VSC–HVDC Transmission Market Size by Region (2020-2025)
6.2 APAC VSC–HVDC Transmission Market Size by Type (2020-2025)
6.3 APAC VSC–HVDC Transmission Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe VSC–HVDC Transmission Market Size by Country (2020-2025)
7.2 Europe VSC–HVDC Transmission Market Size by Type (2020-2025)
7.3 Europe VSC–HVDC Transmission Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa VSC–HVDC Transmission by Region (2020-2025)
8.2 Middle East & Africa VSC–HVDC Transmission Market Size by Type (2020-2025)
8.3 Middle East & Africa VSC–HVDC Transmission Market Size by Application (2020-2025)
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 Global VSC–HVDC Transmission Market Forecast
10.1 Global VSC–HVDC Transmission Forecast by Region (2026-2031)
10.1.1 Global VSC–HVDC Transmission Forecast by Region (2026-2031)
10.1.2 Americas VSC–HVDC Transmission Forecast
10.1.3 APAC VSC–HVDC Transmission Forecast
10.1.4 Europe VSC–HVDC Transmission Forecast
10.1.5 Middle East & Africa VSC–HVDC Transmission Forecast
10.2 Americas VSC–HVDC Transmission Forecast by Country (2026-2031)
10.2.1 United States Market VSC–HVDC Transmission Forecast
10.2.2 Canada Market VSC–HVDC Transmission Forecast
10.2.3 Mexico Market VSC–HVDC Transmission Forecast
10.2.4 Brazil Market VSC–HVDC Transmission Forecast
10.3 APAC VSC–HVDC Transmission Forecast by Region (2026-2031)
10.3.1 China VSC–HVDC Transmission Market Forecast
10.3.2 Japan Market VSC–HVDC Transmission Forecast
10.3.3 Korea Market VSC–HVDC Transmission Forecast
10.3.4 Southeast Asia Market VSC–HVDC Transmission Forecast
10.3.5 India Market VSC–HVDC Transmission Forecast
10.3.6 Australia Market VSC–HVDC Transmission Forecast
10.4 Europe VSC–HVDC Transmission Forecast by Country (2026-2031)
10.4.1 Germany Market VSC–HVDC Transmission Forecast
10.4.2 France Market VSC–HVDC Transmission Forecast
10.4.3 UK Market VSC–HVDC Transmission Forecast
10.4.4 Italy Market VSC–HVDC Transmission Forecast
10.4.5 Russia Market VSC–HVDC Transmission Forecast
10.5 Middle East & Africa VSC–HVDC Transmission Forecast by Region (2026-2031)
10.5.1 Egypt Market VSC–HVDC Transmission Forecast
10.5.2 South Africa Market VSC–HVDC Transmission Forecast
10.5.3 Israel Market VSC–HVDC Transmission Forecast
10.5.4 Turkey Market VSC–HVDC Transmission Forecast
10.6 Global VSC–HVDC Transmission Forecast by Type (2026-2031)
10.7 Global VSC–HVDC Transmission Forecast by Application (2026-2031)
10.7.1 GCC Countries Market VSC–HVDC Transmission Forecast
11 Key Players Analysis
11.1 Hitachi ABB Power Grids
11.1.1 Hitachi ABB Power Grids Company Information
11.1.2 Hitachi ABB Power Grids VSC–HVDC Transmission Product Offered
11.1.3 Hitachi ABB Power Grids VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Hitachi ABB Power Grids Main Business Overview
11.1.5 Hitachi ABB Power Grids Latest Developments
11.2 Siemens
11.2.1 Siemens Company Information
11.2.2 Siemens VSC–HVDC Transmission Product Offered
11.2.3 Siemens VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Siemens Main Business Overview
11.2.5 Siemens Latest Developments
11.3 Prysmian Group
11.3.1 Prysmian Group Company Information
11.3.2 Prysmian Group VSC–HVDC Transmission Product Offered
11.3.3 Prysmian Group VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Prysmian Group Main Business Overview
11.3.5 Prysmian Group Latest Developments
11.4 XD Group
11.4.1 XD Group Company Information
11.4.2 XD Group VSC–HVDC Transmission Product Offered
11.4.3 XD Group VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 XD Group Main Business Overview
11.4.5 XD Group Latest Developments
11.5 GE Grid Solution
11.5.1 GE Grid Solution Company Information
11.5.2 GE Grid Solution VSC–HVDC Transmission Product Offered
11.5.3 GE Grid Solution VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 GE Grid Solution Main Business Overview
11.5.5 GE Grid Solution Latest Developments
11.6 TBEA
11.6.1 TBEA Company Information
11.6.2 TBEA VSC–HVDC Transmission Product Offered
11.6.3 TBEA VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 TBEA Main Business Overview
11.6.5 TBEA Latest Developments
11.7 Xuji Group
11.7.1 Xuji Group Company Information
11.7.2 Xuji Group VSC–HVDC Transmission Product Offered
11.7.3 Xuji Group VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Xuji Group Main Business Overview
11.7.5 Xuji Group Latest Developments
11.8 Nexans
11.8.1 Nexans Company Information
11.8.2 Nexans VSC–HVDC Transmission Product Offered
11.8.3 Nexans VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Nexans Main Business Overview
11.8.5 Nexans Latest Developments
11.9 NKT
11.9.1 NKT Company Information
11.9.2 NKT VSC–HVDC Transmission Product Offered
11.9.3 NKT VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 NKT Main Business Overview
11.9.5 NKT Latest Developments
11.10 Toshiba Energy Systems & Solutions
11.10.1 Toshiba Energy Systems & Solutions Company Information
11.10.2 Toshiba Energy Systems & Solutions VSC–HVDC Transmission Product Offered
11.10.3 Toshiba Energy Systems & Solutions VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Toshiba Energy Systems & Solutions Main Business Overview
11.10.5 Toshiba Energy Systems & Solutions Latest Developments
11.11 Mitsubishi Electric
11.11.1 Mitsubishi Electric Company Information
11.11.2 Mitsubishi Electric VSC–HVDC Transmission Product Offered
11.11.3 Mitsubishi Electric VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Mitsubishi Electric Main Business Overview
11.11.5 Mitsubishi Electric Latest Developments
11.12 NR Electric
11.12.1 NR Electric Company Information
11.12.2 NR Electric VSC–HVDC Transmission Product Offered
11.12.3 NR Electric VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 NR Electric Main Business Overview
11.12.5 NR Electric Latest Developments
12 Research Findings and Conclusion
*If Applicable.
