Global VSC Converters Market Research Report 2024

Publication ID:

PB508240115

Publication Date:

August 22, 2024

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

Electricity [2]

Energy & Utilities [3]

Description:

VSC Converters are the core equipment for converting between the city's AC distribution network and the flexible direct current distribution network. VSC-HVDC makes up for the natural defect of phase-change failure in conventional DC transmission technology, which may cause power transmission interruption and thus system fluctuation. It has many advantages such as phase-change without grid support, flexible power four-quadrant control, space saving without reactive compensation devices, and low harmonic emissions in multi-level topology. It has great application potential in the fields of large-scale renewable energy grid connection, offshore wind power grid connection, island power supply, urban power supply, asynchronous grid networking, long-distance power transmission, and multi-terminal DC transmission network. It is one of the key technologies for building a new power system with new energy as the main body.
The global VSC Converters market was valued at US$ 2057 million in 2023 and is anticipated to reach US$ 2932 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
North American market for VSC Converters is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for VSC Converters is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for VSC Converters in HVDC is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of VSC Converters include Siemens Energy, Hitachi Energy, GE Vernova, NARI Technology, Toshiba, Rongxin Huiko Electric, XJ Electric, Hyosung Heavy Industries, XD Electric, TBEA, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for VSC Converters, 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 VSC Converters.
The VSC Converters market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global VSC Converters 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 VSC Converters 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.
Market Segmentation
By Company
Siemens Energy
Hitachi Energy
GE Vernova
NARI Technology
Toshiba
Rongxin Huiko Electric
XJ Electric
Hyosung Heavy Industries
XD Electric
TBEA
Sifang Automation
Mitsubishi Electric
Segment by Type
IGBT Module
IGCT Module
Segment by Application
HVDC
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by 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 VSC Converters company 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 main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global VSC Converters Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 IGBT Module
1.2.3 IGCT Module
1.3 Market by Application
1.3.1 Global VSC Converters Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 HVDC
1.3.3 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global VSC Converters Market Perspective (2019-2030)
2.2 Global VSC Converters Growth Trends by Region
2.2.1 Global VSC Converters Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 VSC Converters Historic Market Size by Region (2019-2024)
2.2.3 VSC Converters Forecasted Market Size by Region (2025-2030)
2.3 VSC Converters Market Dynamics
2.3.1 VSC Converters Industry Trends
2.3.2 VSC Converters Market Drivers
2.3.3 VSC Converters Market Challenges
2.3.4 VSC Converters Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top VSC Converters Players by Revenue
3.1.1 Global Top VSC Converters Players by Revenue (2019-2024)
3.1.2 Global VSC Converters Revenue Market Share by Players (2019-2024)
3.2 Global VSC Converters Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by VSC Converters Revenue
3.4 Global VSC Converters Market Concentration Ratio
3.4.1 Global VSC Converters Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by VSC Converters Revenue in 2023
3.5 Global Key Players of VSC Converters Head office and Area Served
3.6 Global Key Players of VSC Converters, Product and Application
3.7 Global Key Players of VSC Converters, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 VSC Converters Breakdown Data by Type
4.1 Global VSC Converters Historic Market Size by Type (2019-2024)
4.2 Global VSC Converters Forecasted Market Size by Type (2025-2030)
5 VSC Converters Breakdown Data by Application
5.1 Global VSC Converters Historic Market Size by Application (2019-2024)
5.2 Global VSC Converters Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America VSC Converters Market Size (2019-2030)
6.2 North America VSC Converters Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America VSC Converters Market Size by Country (2019-2024)
6.4 North America VSC Converters Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe VSC Converters Market Size (2019-2030)
7.2 Europe VSC Converters Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe VSC Converters Market Size by Country (2019-2024)
7.4 Europe VSC Converters Market Size by Country (2025-2030)
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 VSC Converters Market Size (2019-2030)
8.2 Asia-Pacific VSC Converters Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Asia-Pacific VSC Converters Market Size by Region (2019-2024)
8.4 Asia-Pacific VSC Converters Market Size by Region (2025-2030)
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 VSC Converters Market Size (2019-2030)
9.2 Latin America VSC Converters Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America VSC Converters Market Size by Country (2019-2024)
9.4 Latin America VSC Converters Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa VSC Converters Market Size (2019-2030)
10.2 Middle East & Africa VSC Converters Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa VSC Converters Market Size by Country (2019-2024)
10.4 Middle East & Africa VSC Converters Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Siemens Energy
11.1.1 Siemens Energy Company Details
11.1.2 Siemens Energy Business Overview
11.1.3 Siemens Energy VSC Converters Introduction
11.1.4 Siemens Energy Revenue in VSC Converters Business (2019-2024)
11.1.5 Siemens Energy Recent Development
11.2 Hitachi Energy
11.2.1 Hitachi Energy Company Details
11.2.2 Hitachi Energy Business Overview
11.2.3 Hitachi Energy VSC Converters Introduction
11.2.4 Hitachi Energy Revenue in VSC Converters Business (2019-2024)
11.2.5 Hitachi Energy Recent Development
11.3 GE Vernova
11.3.1 GE Vernova Company Details
11.3.2 GE Vernova Business Overview
11.3.3 GE Vernova VSC Converters Introduction
11.3.4 GE Vernova Revenue in VSC Converters Business (2019-2024)
11.3.5 GE Vernova Recent Development
11.4 NARI Technology
11.4.1 NARI Technology Company Details
11.4.2 NARI Technology Business Overview
11.4.3 NARI Technology VSC Converters Introduction
11.4.4 NARI Technology Revenue in VSC Converters Business (2019-2024)
11.4.5 NARI Technology Recent Development
11.5 Toshiba
11.5.1 Toshiba Company Details
11.5.2 Toshiba Business Overview
11.5.3 Toshiba VSC Converters Introduction
11.5.4 Toshiba Revenue in VSC Converters Business (2019-2024)
11.5.5 Toshiba Recent Development
11.6 Rongxin Huiko Electric
11.6.1 Rongxin Huiko Electric Company Details
11.6.2 Rongxin Huiko Electric Business Overview
11.6.3 Rongxin Huiko Electric VSC Converters Introduction
11.6.4 Rongxin Huiko Electric Revenue in VSC Converters Business (2019-2024)
11.6.5 Rongxin Huiko Electric Recent Development
11.7 XJ Electric
11.7.1 XJ Electric Company Details
11.7.2 XJ Electric Business Overview
11.7.3 XJ Electric VSC Converters Introduction
11.7.4 XJ Electric Revenue in VSC Converters Business (2019-2024)
11.7.5 XJ Electric Recent Development
11.8 Hyosung Heavy Industries
11.8.1 Hyosung Heavy Industries Company Details
11.8.2 Hyosung Heavy Industries Business Overview
11.8.3 Hyosung Heavy Industries VSC Converters Introduction
11.8.4 Hyosung Heavy Industries Revenue in VSC Converters Business (2019-2024)
11.8.5 Hyosung Heavy Industries Recent Development
11.9 XD Electric
11.9.1 XD Electric Company Details
11.9.2 XD Electric Business Overview
11.9.3 XD Electric VSC Converters Introduction
11.9.4 XD Electric Revenue in VSC Converters Business (2019-2024)
11.9.5 XD Electric Recent Development
11.10 TBEA
11.10.1 TBEA Company Details
11.10.2 TBEA Business Overview
11.10.3 TBEA VSC Converters Introduction
11.10.4 TBEA Revenue in VSC Converters Business (2019-2024)
11.10.5 TBEA Recent Development
11.11 Sifang Automation
11.11.1 Sifang Automation Company Details
11.11.2 Sifang Automation Business Overview
11.11.3 Sifang Automation VSC Converters Introduction
11.11.4 Sifang Automation Revenue in VSC Converters Business (2019-2024)
11.11.5 Sifang Automation Recent Development
11.12 Mitsubishi Electric
11.12.1 Mitsubishi Electric Company Details
11.12.2 Mitsubishi Electric Business Overview
11.12.3 Mitsubishi Electric VSC Converters Introduction
11.12.4 Mitsubishi Electric Revenue in VSC Converters Business (2019-2024)
11.12.5 Mitsubishi Electric Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer

Companies Mentioned:

Siemens Energy
Hitachi Energy
GE Vernova
NARI Technology
Toshiba
Rongxin Huiko Electric
XJ Electric
Hyosung Heavy Industries
XD Electric
TBEA
Sifang Automation
Mitsubishi Electric

License Types:

Single User License (PDF)

This license allows for use of a publication by one person.
This person may print out a single copy of the publication.
This person can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.
This person cannot share the publication (or any information contained therein) with any other person or persons.
Unless a Enterprise License is purchased, a Single User License must be purchased for every person that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

听

Site License (PDF)*

This license allows for use of a publication by all users within one corporate location, e.g. a regional office.
These users may print out a single copy of the publication.
These users can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.
These users cannot share the publication (or any information contained therein) with any other person or persons outside the corporate location for which the publication is purchased.
Unless a Enterprise License is purchased, a Site User License must be purchased for every corporate location by an organization that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

听

Global License (PDF)*

This license allows for use of a publication by unlimited users within the purchasing organization e.g. all employees of a single company.
Each of these people may use the publication on any computer, and may print out the report, but may not share the publication (or any information contained therein) with any other person or persons outside of the organization.
These employees of purchasing organization can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.

*If Applicable.

91制片厂