HVDC Converter Station Market by Configuration (Back-to-Back, Monopolar, Bi-Polar, Multi-Terminal), Technology (VSC, LCC), Component (Harmonic Filter, Valve, Converter Transformer, Reactor), Power Rating, and Region – Global Forecast to 2024

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The market size of the HVDC converter station is expected to reach USD 13.24 billion by 2024, with a CAGR growth of 7.22% over the forecast period. The growth in the demand can be attributed to the increased adoption of HVDC in offshore power transmission applications such as wind projects.

HVDC Converter Station Market by Configuration (Back-to-Back, Monopolar, Bi-Polar, Multi-Terminal), Technology (VSC, LCC), Component (Harmonic Filter, Valve, Converter Transformer, Reactor), Power Rating, and Region - Global Forecast to 2024 1

HVDC Converter Station Market by Configuration (Back-to-Back, Monopolar, Bi-Polar, Multi-Terminal), Technology (VSC, LCC), Component (Harmonic Filter, Valve, Converter Transformer, Reactor), Power Rating, and Region - Global Forecast to 2024 2

HVDC Converter Station Market by Configuration (Back-to-Back, Monopolar, Bi-Polar, Multi-Terminal), Technology (VSC, LCC), Component (Harmonic Filter, Valve, Converter Transformer, Reactor), Power Rating, and Region - Global Forecast to 2024 3

HVDC Converter Station Market by Configuration (Back-to-Back, Monopolar, Bi-Polar, Multi-Terminal), Technology (VSC, LCC), Component (Harmonic Filter, Valve, Converter Transformer, Reactor), Power Rating, and Region - Global Forecast to 2024 4

HVDC Converter Station Market by Configuration (Back-to-Back, Monopolar, Bi-Polar, Multi-Terminal), Technology (VSC, LCC), Component (Harmonic Filter, Valve, Converter Transformer, Reactor), Power Rating, and Region - Global Forecast to 2024 5

HVDC Converter Station Market by Configuration (Back-to-Back, Monopolar, Bi-Polar, Multi-Terminal), Technology (VSC, LCC), Component (Harmonic Filter, Valve, Converter Transformer, Reactor), Power Rating, and Region - Global Forecast to 2024 6

HVDC Converter Station Market by Configuration (Back-to-Back, Monopolar, Bi-Polar, Multi-Terminal), Technology (VSC, LCC), Component (Harmonic Filter, Valve, Converter Transformer, Reactor), Power Rating, and Region - Global Forecast to 2024 7

HVDC Converter Station Market by Configuration (Back-to-Back, Monopolar, Bi-Polar, Multi-Terminal), Technology (VSC, LCC), Component (Harmonic Filter, Valve, Converter Transformer, Reactor), Power Rating, and Region - Global Forecast to 2024 8

1 Global HVDC Converter Station Market – Overview
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope

2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Global HVDC Converter Station Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography

4 Global HVDC Converter Station Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis

5 Global HVDC Converter Station Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies

6 Global HVDC Converter Station Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Opportunities
6.2.3 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes

7 Global HVDC Converter Station Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)

8 Global HVDC Converter Station Market – By Technology (Market Size – & million/billion)
8.1 LCC
8.2 VSC

9 Global HVDC Converter Station Market – By Components
9.1 Valve
9.2 Converter Transformer
9.3 Surge Arresters
9.4 Reactors
9.5 Circuit Breakers
9.6 Harmonic Filters
9.7 Others

10 Global HVDC Converter Station Market – By Power Rating
10.1 Below 500
10.2 >500-1000
10.3 >1000-1500
10.4 >1500-2000
10.5 >2000

11 Global HVDC Converter Station Market – By Configuration
11.1 Bi-Polar
11.2 Monopolar
11.3 Back-to-back
11.4 Multi Terminal

12 Global HVDC Converter Station Market – By Geography (Market Size – & million/billion)
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 U.K
12.3.2 Germany
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia-Pacific
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 South Korea
12.4.5 Rest of APAC
12.5 Rest of the World
12.5.1 South America
12.5.2 Middle East
12.5.3 Africa

13 Global HVDC Converter Station Market – Entropy
13.1 New product launches
13.2 M&A’s, collaborations, JVs and partnerships

14 Global HVDC Converter Station Market Company Profile (Key Players)
14.1 Market Share, Company Revenue, Products, M&A, Developments
14.2 Mitsubishi
14.3 Toshiba
14.4 Siemens
14.5 ABB
14.6 GE
14.7 NR Electric
14.8 BHEL
14.9 China Xian Xd Power System
14.10 Hyosung
14.11 XJ Electric
14.12 Company 11 & more

15 Global HVDC Converter Station Market – Appendix
15.1 Sources
15.2 Abbreviations