HVDC Transmission Market by Component (Transmission Cables, Converter Stations, and Others), Technology (VSC, CCC, and lCC), Project Type (Back-to-Back, Point-to-Point, and Multi-Terminal), Application, and Region – 2023 to 2028

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OVERVIEW

Research by Global Market Studies has reported a CAGR of 10.7% for the HVDC Transmission Market, expecting to expand to a value of USD 17.2 billion by 2028. 

The market for devices and systems used to transmit high-voltage direct current electricity over great distances is known as the HVDC (High Voltage Direct Current) transmission market. Several factors, such as lower power losses over long distances, higher power capacities and superior stability make HVDC transmission a viable alternative to traditional AC (Alternating Current) transmission.

Grid interconnections, rising demand for renewable energy and the necessity for efficient and dependable long-distance power transmission are some of the reasons driving the industry and various parts, including converters, transformers, circuit breakers and cables are available in the HVDC transmission market. 

Reporting image -gms

Hvdc transmission market by component (transmission cables, converter stations, and others), technology (vsc, ccc, and lcc), project type (back-to-back, point-to-point, and multi-terminal), application, and region - 2023 to 2028 1

Hvdc transmission market by component (transmission cables, converter stations, and others), technology (vsc, ccc, and lcc), project type (back-to-back, point-to-point, and multi-terminal), application, and region - 2023 to 2028 2

Hvdc transmission market by component (transmission cables, converter stations, and others), technology (vsc, ccc, and lcc), project type (back-to-back, point-to-point, and multi-terminal), application, and region - 2023 to 2028 3

Hvdc transmission market by component (transmission cables, converter stations, and others), technology (vsc, ccc, and lcc), project type (back-to-back, point-to-point, and multi-terminal), application, and region - 2023 to 2028 4

Hvdc transmission market by component (transmission cables, converter stations, and others), technology (vsc, ccc, and lcc), project type (back-to-back, point-to-point, and multi-terminal), application, and region - 2023 to 2028 5

Hvdc transmission market by component (transmission cables, converter stations, and others), technology (vsc, ccc, and lcc), project type (back-to-back, point-to-point, and multi-terminal), application, and region - 2023 to 2028 6

Hvdc transmission market by component (transmission cables, converter stations, and others), technology (vsc, ccc, and lcc), project type (back-to-back, point-to-point, and multi-terminal), application, and region - 2023 to 2028 7

TABLE OF CONTENT

1 Global HVDC Transmission Market
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 Transmission 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 Transmission 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 Transmission 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 Transmission 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 Transmission 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 Transmission Market – By Component (Market Size – &million/billion)
8.1 Converter Stations
8.2 Transmission Cables
8.3 Others

9 Global HVDC Transmission Market – By Technology
9.1 Capacitor Commutated Converter (CCC) based
9.2 Voltage Source Converter (VSC) based
9.3 Line Commutated Converter (LCC) based

10 Global HVDC Transmission Market – By Project Type
10.1 Point-to-Point
10.2 Back-to-Back
10.3 Multi-terminal

11 Global HVDC Transmission Market – By Application
11.1 Bulk Power Transmission
11.2 Interconnecting Grids
11.3 Infeed Urban Areas

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

14 Global HVDC Transmission Market Company Profile (Key Players)
14.1 Market Share, Company Revenue, Products, M&A, Developments
14.2 ABB
14.3 Siemens
14.4 General Electric
14.5 Hitachi
14.6 Mitsubishi Electric
14.7 Nexans
14.8 Nkt A/S
14.9 NR Electric
14.10 C-Epri Electric Power Engineering
14.11 Prysmian Group
14.12 Company 11 & more

15 Global HVDC Transmission Market – Appendix
15.1 Sources
15.2 Abbreviations

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OVERVIEW

Research by Global Market Studies has reported a CAGR of 10.7% for the HVDC Transmission Market, expecting to expand to a value of USD 17.2 billion by 2028. 

The market for devices and systems used to transmit high-voltage direct current electricity over great distances is known as the HVDC (High Voltage Direct Current) transmission market. Several factors, such as lower power losses over long distances, higher power capacities and superior stability make HVDC transmission a viable alternative to traditional AC (Alternating Current) transmission.

Grid interconnections, rising demand for renewable energy and the necessity for efficient and dependable long-distance power transmission are some of the reasons driving the industry and various parts, including converters, transformers, circuit breakers and cables are available in the HVDC transmission market. 

Reporting image -gms

Hvdc transmission market by component (transmission cables, converter stations, and others), technology (vsc, ccc, and lcc), project type (back-to-back, point-to-point, and multi-terminal), application, and region - 2023 to 2028 8

Hvdc transmission market by component (transmission cables, converter stations, and others), technology (vsc, ccc, and lcc), project type (back-to-back, point-to-point, and multi-terminal), application, and region - 2023 to 2028 9

Hvdc transmission market by component (transmission cables, converter stations, and others), technology (vsc, ccc, and lcc), project type (back-to-back, point-to-point, and multi-terminal), application, and region - 2023 to 2028 10

Hvdc transmission market by component (transmission cables, converter stations, and others), technology (vsc, ccc, and lcc), project type (back-to-back, point-to-point, and multi-terminal), application, and region - 2023 to 2028 11

Hvdc transmission market by component (transmission cables, converter stations, and others), technology (vsc, ccc, and lcc), project type (back-to-back, point-to-point, and multi-terminal), application, and region - 2023 to 2028 12

Hvdc transmission market by component (transmission cables, converter stations, and others), technology (vsc, ccc, and lcc), project type (back-to-back, point-to-point, and multi-terminal), application, and region - 2023 to 2028 13

Hvdc transmission market by component (transmission cables, converter stations, and others), technology (vsc, ccc, and lcc), project type (back-to-back, point-to-point, and multi-terminal), application, and region - 2023 to 2028 14

TABLE OF CONTENT

1 Global HVDC Transmission Market
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 Transmission 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 Transmission 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 Transmission 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 Transmission 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 Transmission 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 Transmission Market – By Component (Market Size – &million/billion)
8.1 Converter Stations
8.2 Transmission Cables
8.3 Others

9 Global HVDC Transmission Market – By Technology
9.1 Capacitor Commutated Converter (CCC) based
9.2 Voltage Source Converter (VSC) based
9.3 Line Commutated Converter (LCC) based

10 Global HVDC Transmission Market – By Project Type
10.1 Point-to-Point
10.2 Back-to-Back
10.3 Multi-terminal

11 Global HVDC Transmission Market – By Application
11.1 Bulk Power Transmission
11.2 Interconnecting Grids
11.3 Infeed Urban Areas

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

14 Global HVDC Transmission Market Company Profile (Key Players)
14.1 Market Share, Company Revenue, Products, M&A, Developments
14.2 ABB
14.3 Siemens
14.4 General Electric
14.5 Hitachi
14.6 Mitsubishi Electric
14.7 Nexans
14.8 Nkt A/S
14.9 NR Electric
14.10 C-Epri Electric Power Engineering
14.11 Prysmian Group
14.12 Company 11 & more

15 Global HVDC Transmission Market – Appendix
15.1 Sources
15.2 Abbreviations

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