

Highlights
The global HVDC (High Voltage Direct Current) System market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for HVDC (High Voltage Direct Current) System is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for HVDC (High Voltage Direct Current) System is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for HVDC (High Voltage Direct Current) System in Electric Power Transmission is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of HVDC (High Voltage Direct Current) System include ABB, Siemens, GE Grid Solutions, Toshiba and Sumitomo Electric Industries, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for HVDC (High Voltage Direct Current) System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HVDC (High Voltage Direct Current) System.
The HVDC (High Voltage Direct Current) System market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global HVDC (High Voltage Direct Current) System market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the HVDC (High Voltage Direct Current) System companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
ABB
Siemens
GE Grid Solutions
Toshiba
Sumitomo Electric Industries
Segment by Type
Two-terminal HVDC System
Multi-terminal HVDC System (MTDC)
Segment by Application
Electric Power Transmission
Special Purpose Applications
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of HVDC (High Voltage Direct Current) System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global HVDC (High Voltage Direct Current) System Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Two-terminal HVDC System
1.2.3 Multi-terminal HVDC System (MTDC)
1.3 Market by Application
1.3.1 Global HVDC (High Voltage Direct Current) System Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Electric Power Transmission
1.3.3 Special Purpose Applications
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global HVDC (High Voltage Direct Current) System Market Perspective (2018-2029)
2.2 HVDC (High Voltage Direct Current) System Growth Trends by Region
2.2.1 Global HVDC (High Voltage Direct Current) System Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 HVDC (High Voltage Direct Current) System Historic Market Size by Region (2018-2023)
2.2.3 HVDC (High Voltage Direct Current) System Forecasted Market Size by Region (2024-2029)
2.3 HVDC (High Voltage Direct Current) System Market Dynamics
2.3.1 HVDC (High Voltage Direct Current) System Industry Trends
2.3.2 HVDC (High Voltage Direct Current) System Market Drivers
2.3.3 HVDC (High Voltage Direct Current) System Market Challenges
2.3.4 HVDC (High Voltage Direct Current) System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top HVDC (High Voltage Direct Current) System Players by Revenue
3.1.1 Global Top HVDC (High Voltage Direct Current) System Players by Revenue (2018-2023)
3.1.2 Global HVDC (High Voltage Direct Current) System Revenue Market Share by Players (2018-2023)
3.2 Global HVDC (High Voltage Direct Current) System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by HVDC (High Voltage Direct Current) System Revenue
3.4 Global HVDC (High Voltage Direct Current) System Market Concentration Ratio
3.4.1 Global HVDC (High Voltage Direct Current) System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by HVDC (High Voltage Direct Current) System Revenue in 2022
3.5 HVDC (High Voltage Direct Current) System Key Players Head office and Area Served
3.6 Key Players HVDC (High Voltage Direct Current) System Product Solution and Service
3.7 Date of Enter into HVDC (High Voltage Direct Current) System Market
3.8 Mergers & Acquisitions, Expansion Plans
4 HVDC (High Voltage Direct Current) System Breakdown Data by Type
4.1 Global HVDC (High Voltage Direct Current) System Historic Market Size by Type (2018-2023)
4.2 Global HVDC (High Voltage Direct Current) System Forecasted Market Size by Type (2024-2029)
5 HVDC (High Voltage Direct Current) System Breakdown Data by Application
5.1 Global HVDC (High Voltage Direct Current) System Historic Market Size by Application (2018-2023)
5.2 Global HVDC (High Voltage Direct Current) System Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America HVDC (High Voltage Direct Current) System Market Size (2018-2029)
6.2 North America HVDC (High Voltage Direct Current) System Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America HVDC (High Voltage Direct Current) System Market Size by Country (2018-2023)
6.4 North America HVDC (High Voltage Direct Current) System Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe HVDC (High Voltage Direct Current) System Market Size (2018-2029)
7.2 Europe HVDC (High Voltage Direct Current) System Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe HVDC (High Voltage Direct Current) System Market Size by Country (2018-2023)
7.4 Europe HVDC (High Voltage Direct Current) System Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific HVDC (High Voltage Direct Current) System Market Size (2018-2029)
8.2 Asia-Pacific HVDC (High Voltage Direct Current) System Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific HVDC (High Voltage Direct Current) System Market Size by Region (2018-2023)
8.4 Asia-Pacific HVDC (High Voltage Direct Current) System Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America HVDC (High Voltage Direct Current) System Market Size (2018-2029)
9.2 Latin America HVDC (High Voltage Direct Current) System Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America HVDC (High Voltage Direct Current) System Market Size by Country (2018-2023)
9.4 Latin America HVDC (High Voltage Direct Current) System Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa HVDC (High Voltage Direct Current) System Market Size (2018-2029)
10.2 Middle East & Africa HVDC (High Voltage Direct Current) System Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa HVDC (High Voltage Direct Current) System Market Size by Country (2018-2023)
10.4 Middle East & Africa HVDC (High Voltage Direct Current) System Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Detail
11.1.2 ABB Business Overview
11.1.3 ABB HVDC (High Voltage Direct Current) System Introduction
11.1.4 ABB Revenue in HVDC (High Voltage Direct Current) System Business (2018-2023)
11.1.5 ABB Recent Development
11.2 Siemens
11.2.1 Siemens Company Detail
11.2.2 Siemens Business Overview
11.2.3 Siemens HVDC (High Voltage Direct Current) System Introduction
11.2.4 Siemens Revenue in HVDC (High Voltage Direct Current) System Business (2018-2023)
11.2.5 Siemens Recent Development
11.3 GE Grid Solutions
11.3.1 GE Grid Solutions Company Detail
11.3.2 GE Grid Solutions Business Overview
11.3.3 GE Grid Solutions HVDC (High Voltage Direct Current) System Introduction
11.3.4 GE Grid Solutions Revenue in HVDC (High Voltage Direct Current) System Business (2018-2023)
11.3.5 GE Grid Solutions Recent Development
11.4 Toshiba
11.4.1 Toshiba Company Detail
11.4.2 Toshiba Business Overview
11.4.3 Toshiba HVDC (High Voltage Direct Current) System Introduction
11.4.4 Toshiba Revenue in HVDC (High Voltage Direct Current) System Business (2018-2023)
11.4.5 Toshiba Recent Development
11.5 Sumitomo Electric Industries
11.5.1 Sumitomo Electric Industries Company Detail
11.5.2 Sumitomo Electric Industries Business Overview
11.5.3 Sumitomo Electric Industries HVDC (High Voltage Direct Current) System Introduction
11.5.4 Sumitomo Electric Industries Revenue in HVDC (High Voltage Direct Current) System Business (2018-2023)
11.5.5 Sumitomo Electric Industries Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
ABB
Siemens
GE Grid Solutions
Toshiba
Sumitomo Electric Industries
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*If Applicable.