Global High Voltage Direct Current (HVDC) Transmission System Supply, Demand and Key Producers, 2023-2029

Global High Voltage Direct Current (HVDC) Transmission System Supply, Demand and Key Producers, 2023-2029

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Published Date: 10 Feb 2023

Category: Energy & Power

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

HVDC Transmission System uses direct current for the bulk transmission of electrical power, in contrast with the more common alternating current (AC) systems. For long-distance transmission, HVDC systems may be less expensive and suffer lower electrical losses. For underwater power cables, HVDC avoids the heavy currents required to charge and discharge the cable capacitance each cycle. For shorter distances, the higher cost of DC conversion equipment compared to an AC system may still be justified, due to other benefits of direct current links. HVDC allows power transmission between unsynchronized AC transmission systems. Since the power flow through an HVDC link can be controlled independently of the phase angle between source and load, it can stabilize a network against disturbances due to rapid changes in power. HVDC also allows transfer of power between grid systems running at different frequencies, such as 50 Hz and 61 Hz. This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.

This report studies the global High Voltage Direct Current (HVDC) Transmission System production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for High Voltage Direct Current (HVDC) Transmission System, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of High Voltage Direct Current (HVDC) Transmission System that contribute to its increasing demand across many markets.

The global High Voltage Direct Current (HVDC) Transmission System market size is expected to reach $ 11580 million by 2029, rising at a market growth of 3.4% CAGR during the forecast period (2023-2029).

Global HVDC transmission system key players include ABB, Siemens, XD Group, NR Electric, GE Grid Solution, etc. Global top 5 manufacturers hold a share about 57%. China is the largest market, with a share about 46%, followed by Europe, with a share about 18 percent.

Highlights and key features of the study
Global High Voltage Direct Current (HVDC) Transmission System total production and demand, 2018-2029, (K Units)
Global High Voltage Direct Current (HVDC) Transmission System total production value, 2018-2029, (USD Million)
Global High Voltage Direct Current (HVDC) Transmission System production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global High Voltage Direct Current (HVDC) Transmission System consumption by region & country, CAGR, 2018-2029 & (K Units)
U.S. VS China: High Voltage Direct Current (HVDC) Transmission System domestic production, consumption, key domestic manufacturers and share
Global High Voltage Direct Current (HVDC) Transmission System production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)
Global High Voltage Direct Current (HVDC) Transmission System production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global High Voltage Direct Current (HVDC) Transmission System production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units)
This reports profiles key players in the global High Voltage Direct Current (HVDC) Transmission System market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, Toshiba, GE, Prysmian, Hitachi, TransGrid, Abengoa and ATCO, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World High Voltage Direct Current (HVDC) Transmission System market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global High Voltage Direct Current (HVDC) Transmission System Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global High Voltage Direct Current (HVDC) Transmission System Market, Segmentation by Type
LCC
VSC
Others

Global High Voltage Direct Current (HVDC) Transmission System Market, Segmentation by Application
AC and DC harmonic filters
Converters
DC lines
Circuit breakers
Others

Companies Profiled:
ABB
Siemens
Toshiba
GE
Prysmian
Hitachi
TransGrid
Abengoa
ATCO

Key Questions Answered
1. How big is the global High Voltage Direct Current (HVDC) Transmission System market?
2. What is the demand of the global High Voltage Direct Current (HVDC) Transmission System market?
3. What is the year over year growth of the global High Voltage Direct Current (HVDC) Transmission System market?
4. What is the production and production value of the global High Voltage Direct Current (HVDC) Transmission System market?
5. Who are the key producers in the global High Voltage Direct Current (HVDC) Transmission System market?
6. What are the growth factors driving the market demand?
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Table of Contents

1 Supply Summary
1.1 High Voltage Direct Current (HVDC) Transmission System Introduction
1.2 World High Voltage Direct Current (HVDC) Transmission System Supply & Forecast
1.2.1 World High Voltage Direct Current (HVDC) Transmission System Production Value (2018 & 2022 & 2029)
1.2.2 World High Voltage Direct Current (HVDC) Transmission System Production (2018-2029)
1.2.3 World High Voltage Direct Current (HVDC) Transmission System Pricing Trends (2018-2029)
1.3 World High Voltage Direct Current (HVDC) Transmission System Production by Region (Based on Production Site)
1.3.1 World High Voltage Direct Current (HVDC) Transmission System Production Value by Region (2018-2029)
1.3.2 World High Voltage Direct Current (HVDC) Transmission System Production by Region (2018-2029)
1.3.3 World High Voltage Direct Current (HVDC) Transmission System Average Price by Region (2018-2029)
1.3.4 North America High Voltage Direct Current (HVDC) Transmission System Production (2018-2029)
1.3.5 Europe High Voltage Direct Current (HVDC) Transmission System Production (2018-2029)
1.3.6 China High Voltage Direct Current (HVDC) Transmission System Production (2018-2029)
1.3.7 Japan High Voltage Direct Current (HVDC) Transmission System Production (2018-2029)
1.4 Market Drivers, Restraints and Trends
1.4.1 High Voltage Direct Current (HVDC) Transmission System Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 High Voltage Direct Current (HVDC) Transmission System Major Market Trends
1.5 Influence of COVID-19 and Russia-Ukraine War
1.5.1 Influence of COVID-19
1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
2.1 World High Voltage Direct Current (HVDC) Transmission System Demand (2018-2029)
2.2 World High Voltage Direct Current (HVDC) Transmission System Consumption by Region
2.2.1 World High Voltage Direct Current (HVDC) Transmission System Consumption by Region (2018-2023)
2.2.2 World High Voltage Direct Current (HVDC) Transmission System Consumption Forecast by Region (2024-2029)
2.3 United States High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029)
2.4 China High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029)
2.5 Europe High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029)
2.6 Japan High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029)
2.7 South Korea High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029)
2.8 ASEAN High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029)
2.9 India High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029)

3 World High Voltage Direct Current (HVDC) Transmission System Manufacturers Competitive Analysis
3.1 World High Voltage Direct Current (HVDC) Transmission System Production Value by Manufacturer (2018-2023)
3.2 World High Voltage Direct Current (HVDC) Transmission System Production by Manufacturer (2018-2023)
3.3 World High Voltage Direct Current (HVDC) Transmission System Average Price by Manufacturer (2018-2023)
3.4 High Voltage Direct Current (HVDC) Transmission System Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global High Voltage Direct Current (HVDC) Transmission System Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for High Voltage Direct Current (HVDC) Transmission System in 2022
3.5.3 Global Concentration Ratios (CR8) for High Voltage Direct Current (HVDC) Transmission System in 2022
3.6 High Voltage Direct Current (HVDC) Transmission System Market: Overall Company Footprint Analysis
3.6.1 High Voltage Direct Current (HVDC) Transmission System Market: Region Footprint
3.6.2 High Voltage Direct Current (HVDC) Transmission System Market: Company Product Type Footprint
3.6.3 High Voltage Direct Current (HVDC) Transmission System Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
4.1 United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Value Comparison
4.1.1 United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Value Comparison (2018 & 2022 & 2029)
4.1.2 United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Value Market Share Comparison (2018 & 2022 & 2029)
4.2 United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Comparison
4.2.1 United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Comparison (2018 & 2022 & 2029)
4.2.2 United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Market Share Comparison (2018 & 2022 & 2029)
4.3 United States VS China: High Voltage Direct Current (HVDC) Transmission System Consumption Comparison
4.3.1 United States VS China: High Voltage Direct Current (HVDC) Transmission System Consumption Comparison (2018 & 2022 & 2029)
4.3.2 United States VS China: High Voltage Direct Current (HVDC) Transmission System Consumption Market Share Comparison (2018 & 2022 & 2029)
4.4 United States Based High Voltage Direct Current (HVDC) Transmission System Manufacturers and Market Share, 2018-2023
4.4.1 United States Based High Voltage Direct Current (HVDC) Transmission System Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value (2018-2023)
4.4.3 United States Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production (2018-2023)
4.5 China Based High Voltage Direct Current (HVDC) Transmission System Manufacturers and Market Share
4.5.1 China Based High Voltage Direct Current (HVDC) Transmission System Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value (2018-2023)
4.5.3 China Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production (2018-2023)
4.6 Rest of World Based High Voltage Direct Current (HVDC) Transmission System Manufacturers and Market Share, 2018-2023
4.6.1 Rest of World Based High Voltage Direct Current (HVDC) Transmission System Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value (2018-2023)
4.6.3 Rest of World Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production (2018-2023)

5 Market Analysis by Type
5.1 World High Voltage Direct Current (HVDC) Transmission System Market Size Overview by Type: 2018 VS 2022 VS 2029
5.2 Segment Introduction by Type
5.2.1 LCC
5.2.2 VSC
5.2.3 Others
5.3 Market Segment by Type
5.3.1 World High Voltage Direct Current (HVDC) Transmission System Production by Type (2018-2029)
5.3.2 World High Voltage Direct Current (HVDC) Transmission System Production Value by Type (2018-2029)
5.3.3 World High Voltage Direct Current (HVDC) Transmission System Average Price by Type (2018-2029)

6 Market Analysis by Application
6.1 World High Voltage Direct Current (HVDC) Transmission System Market Size Overview by Application: 2018 VS 2022 VS 2029
6.2 Segment Introduction by Application
6.2.1 AC and DC harmonic filters
6.2.2 Converters
6.2.3 DC lines
6.2.4 Circuit breakers
6.2.5 Others
6.3 Market Segment by Application
6.3.1 World High Voltage Direct Current (HVDC) Transmission System Production by Application (2018-2029)
6.3.2 World High Voltage Direct Current (HVDC) Transmission System Production Value by Application (2018-2029)
6.3.3 World High Voltage Direct Current (HVDC) Transmission System Average Price by Application (2018-2029)

7 Company Profiles
7.1 ABB
7.1.1 ABB Details
7.1.2 ABB Major Business
7.1.3 ABB High Voltage Direct Current (HVDC) Transmission System Product and Services
7.1.4 ABB High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.1.5 ABB Recent Developments/Updates
7.1.6 ABB Competitive Strengths & Weaknesses
7.2 Siemens
7.2.1 Siemens Details
7.2.2 Siemens Major Business
7.2.3 Siemens High Voltage Direct Current (HVDC) Transmission System Product and Services
7.2.4 Siemens High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.2.5 Siemens Recent Developments/Updates
7.2.6 Siemens Competitive Strengths & Weaknesses
7.3 Toshiba
7.3.1 Toshiba Details
7.3.2 Toshiba Major Business
7.3.3 Toshiba High Voltage Direct Current (HVDC) Transmission System Product and Services
7.3.4 Toshiba High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.3.5 Toshiba Recent Developments/Updates
7.3.6 Toshiba Competitive Strengths & Weaknesses
7.4 GE
7.4.1 GE Details
7.4.2 GE Major Business
7.4.3 GE High Voltage Direct Current (HVDC) Transmission System Product and Services
7.4.4 GE High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.4.5 GE Recent Developments/Updates
7.4.6 GE Competitive Strengths & Weaknesses
7.5 Prysmian
7.5.1 Prysmian Details
7.5.2 Prysmian Major Business
7.5.3 Prysmian High Voltage Direct Current (HVDC) Transmission System Product and Services
7.5.4 Prysmian High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.5.5 Prysmian Recent Developments/Updates
7.5.6 Prysmian Competitive Strengths & Weaknesses
7.6 Hitachi
7.6.1 Hitachi Details
7.6.2 Hitachi Major Business
7.6.3 Hitachi High Voltage Direct Current (HVDC) Transmission System Product and Services
7.6.4 Hitachi High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.6.5 Hitachi Recent Developments/Updates
7.6.6 Hitachi Competitive Strengths & Weaknesses
7.7 TransGrid
7.7.1 TransGrid Details
7.7.2 TransGrid Major Business
7.7.3 TransGrid High Voltage Direct Current (HVDC) Transmission System Product and Services
7.7.4 TransGrid High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.7.5 TransGrid Recent Developments/Updates
7.7.6 TransGrid Competitive Strengths & Weaknesses
7.8 Abengoa
7.8.1 Abengoa Details
7.8.2 Abengoa Major Business
7.8.3 Abengoa High Voltage Direct Current (HVDC) Transmission System Product and Services
7.8.4 Abengoa High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.8.5 Abengoa Recent Developments/Updates
7.8.6 Abengoa Competitive Strengths & Weaknesses
7.9 ATCO
7.9.1 ATCO Details
7.9.2 ATCO Major Business
7.9.3 ATCO High Voltage Direct Current (HVDC) Transmission System Product and Services
7.9.4 ATCO High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.9.5 ATCO Recent Developments/Updates
7.9.6 ATCO Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 High Voltage Direct Current (HVDC) Transmission System Industry Chain
8.2 High Voltage Direct Current (HVDC) Transmission System Upstream Analysis
8.2.1 High Voltage Direct Current (HVDC) Transmission System Core Raw Materials
8.2.2 Main Manufacturers of High Voltage Direct Current (HVDC) Transmission System Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 High Voltage Direct Current (HVDC) Transmission System Production Mode
8.6 High Voltage Direct Current (HVDC) Transmission System Procurement Model
8.7 High Voltage Direct Current (HVDC) Transmission System Industry Sales Model and Sales Channels
8.7.1 High Voltage Direct Current (HVDC) Transmission System Sales Model
8.7.2 High Voltage Direct Current (HVDC) Transmission System Typical Customers

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World High Voltage Direct Current (HVDC) Transmission System Production Value by Region (2018, 2022 and 2029) & (USD Million)
Table 2. World High Voltage Direct Current (HVDC) Transmission System Production Value by Region (2018-2023) & (USD Million)
Table 3. World High Voltage Direct Current (HVDC) Transmission System Production Value by Region (2024-2029) & (USD Million)
Table 4. World High Voltage Direct Current (HVDC) Transmission System Production Value Market Share by Region (2018-2023)
Table 5. World High Voltage Direct Current (HVDC) Transmission System Production Value Market Share by Region (2024-2029)
Table 6. World High Voltage Direct Current (HVDC) Transmission System Production by Region (2018-2023) & (K Units)
Table 7. World High Voltage Direct Current (HVDC) Transmission System Production by Region (2024-2029) & (K Units)
Table 8. World High Voltage Direct Current (HVDC) Transmission System Production Market Share by Region (2018-2023)
Table 9. World High Voltage Direct Current (HVDC) Transmission System Production Market Share by Region (2024-2029)
Table 10. World High Voltage Direct Current (HVDC) Transmission System Average Price by Region (2018-2023) & (USD/Unit)
Table 11. World High Voltage Direct Current (HVDC) Transmission System Average Price by Region (2024-2029) & (USD/Unit)
Table 12. High Voltage Direct Current (HVDC) Transmission System Major Market Trends
Table 13. World High Voltage Direct Current (HVDC) Transmission System Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (K Units)
Table 14. World High Voltage Direct Current (HVDC) Transmission System Consumption by Region (2018-2023) & (K Units)
Table 15. World High Voltage Direct Current (HVDC) Transmission System Consumption Forecast by Region (2024-2029) & (K Units)
Table 16. World High Voltage Direct Current (HVDC) Transmission System Production Value by Manufacturer (2018-2023) & (USD Million)
Table 17. Production Value Market Share of Key High Voltage Direct Current (HVDC) Transmission System Producers in 2022
Table 18. World High Voltage Direct Current (HVDC) Transmission System Production by Manufacturer (2018-2023) & (K Units)
Table 19. Production Market Share of Key High Voltage Direct Current (HVDC) Transmission System Producers in 2022
Table 20. World High Voltage Direct Current (HVDC) Transmission System Average Price by Manufacturer (2018-2023) & (USD/Unit)
Table 21. Global High Voltage Direct Current (HVDC) Transmission System Company Evaluation Quadrant
Table 22. World High Voltage Direct Current (HVDC) Transmission System Industry Rank of Major Manufacturers, Based on Production Value in 2022
Table 23. Head Office and High Voltage Direct Current (HVDC) Transmission System Production Site of Key Manufacturer
Table 24. High Voltage Direct Current (HVDC) Transmission System Market: Company Product Type Footprint
Table 25. High Voltage Direct Current (HVDC) Transmission System Market: Company Product Application Footprint
Table 26. High Voltage Direct Current (HVDC) Transmission System Competitive Factors
Table 27. High Voltage Direct Current (HVDC) Transmission System New Entrant and Capacity Expansion Plans
Table 28. High Voltage Direct Current (HVDC) Transmission System Mergers & Acquisitions Activity
Table 29. United States VS China High Voltage Direct Current (HVDC) Transmission System Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 30. United States VS China High Voltage Direct Current (HVDC) Transmission System Production Comparison, (2018 & 2022 & 2029) & (K Units)
Table 31. United States VS China High Voltage Direct Current (HVDC) Transmission System Consumption Comparison, (2018 & 2022 & 2029) & (K Units)
Table 32. United States Based High Voltage Direct Current (HVDC) Transmission System Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value, (2018-2023) & (USD Million)
Table 34. United States Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value Market Share (2018-2023)
Table 35. United States Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production (2018-2023) & (K Units)
Table 36. United States Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Market Share (2018-2023)
Table 37. China Based High Voltage Direct Current (HVDC) Transmission System Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value, (2018-2023) & (USD Million)
Table 39. China Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value Market Share (2018-2023)
Table 40. China Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production (2018-2023) & (K Units)
Table 41. China Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Market Share (2018-2023)
Table 42. Rest of World Based High Voltage Direct Current (HVDC) Transmission System Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value, (2018-2023) & (USD Million)
Table 44. Rest of World Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value Market Share (2018-2023)
Table 45. Rest of World Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production (2018-2023) & (K Units)
Table 46. Rest of World Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Market Share (2018-2023)
Table 47. World High Voltage Direct Current (HVDC) Transmission System Production Value by Type, (USD Million), 2018 & 2022 & 2029
Table 48. World High Voltage Direct Current (HVDC) Transmission System Production by Type (2018-2023) & (K Units)
Table 49. World High Voltage Direct Current (HVDC) Transmission System Production by Type (2024-2029) & (K Units)
Table 50. World High Voltage Direct Current (HVDC) Transmission System Production Value by Type (2018-2023) & (USD Million)
Table 51. World High Voltage Direct Current (HVDC) Transmission System Production Value by Type (2024-2029) & (USD Million)
Table 52. World High Voltage Direct Current (HVDC) Transmission System Average Price by Type (2018-2023) & (USD/Unit)
Table 53. World High Voltage Direct Current (HVDC) Transmission System Average Price by Type (2024-2029) & (USD/Unit)
Table 54. World High Voltage Direct Current (HVDC) Transmission System Production Value by Application, (USD Million), 2018 & 2022 & 2029
Table 55. World High Voltage Direct Current (HVDC) Transmission System Production by Application (2018-2023) & (K Units)
Table 56. World High Voltage Direct Current (HVDC) Transmission System Production by Application (2024-2029) & (K Units)
Table 57. World High Voltage Direct Current (HVDC) Transmission System Production Value by Application (2018-2023) & (USD Million)
Table 58. World High Voltage Direct Current (HVDC) Transmission System Production Value by Application (2024-2029) & (USD Million)
Table 59. World High Voltage Direct Current (HVDC) Transmission System Average Price by Application (2018-2023) & (USD/Unit)
Table 60. World High Voltage Direct Current (HVDC) Transmission System Average Price by Application (2024-2029) & (USD/Unit)
Table 61. ABB Basic Information, Manufacturing Base and Competitors
Table 62. ABB Major Business
Table 63. ABB High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 64. ABB High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 65. ABB Recent Developments/Updates
Table 66. ABB Competitive Strengths & Weaknesses
Table 67. Siemens Basic Information, Manufacturing Base and Competitors
Table 68. Siemens Major Business
Table 69. Siemens High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 70. Siemens High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 71. Siemens Recent Developments/Updates
Table 72. Siemens Competitive Strengths & Weaknesses
Table 73. Toshiba Basic Information, Manufacturing Base and Competitors
Table 74. Toshiba Major Business
Table 75. Toshiba High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 76. Toshiba High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 77. Toshiba Recent Developments/Updates
Table 78. Toshiba Competitive Strengths & Weaknesses
Table 79. GE Basic Information, Manufacturing Base and Competitors
Table 80. GE Major Business
Table 81. GE High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 82. GE High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 83. GE Recent Developments/Updates
Table 84. GE Competitive Strengths & Weaknesses
Table 85. Prysmian Basic Information, Manufacturing Base and Competitors
Table 86. Prysmian Major Business
Table 87. Prysmian High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 88. Prysmian High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 89. Prysmian Recent Developments/Updates
Table 90. Prysmian Competitive Strengths & Weaknesses
Table 91. Hitachi Basic Information, Manufacturing Base and Competitors
Table 92. Hitachi Major Business
Table 93. Hitachi High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 94. Hitachi High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 95. Hitachi Recent Developments/Updates
Table 96. Hitachi Competitive Strengths & Weaknesses
Table 97. TransGrid Basic Information, Manufacturing Base and Competitors
Table 98. TransGrid Major Business
Table 99. TransGrid High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 100. TransGrid High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 101. TransGrid Recent Developments/Updates
Table 102. TransGrid Competitive Strengths & Weaknesses
Table 103. Abengoa Basic Information, Manufacturing Base and Competitors
Table 104. Abengoa Major Business
Table 105. Abengoa High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 106. Abengoa High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 107. Abengoa Recent Developments/Updates
Table 108. ATCO Basic Information, Manufacturing Base and Competitors
Table 109. ATCO Major Business
Table 110. ATCO High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 111. ATCO High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 112. Global Key Players of High Voltage Direct Current (HVDC) Transmission System Upstream (Raw Materials)
Table 113. High Voltage Direct Current (HVDC) Transmission System Typical Customers
Table 114. High Voltage Direct Current (HVDC) Transmission System Typical Distributors
List of Figure
Figure 1. High Voltage Direct Current (HVDC) Transmission System Picture
Figure 2. World High Voltage Direct Current (HVDC) Transmission System Production Value: 2018 & 2022 & 2029, (USD Million)
Figure 3. World High Voltage Direct Current (HVDC) Transmission System Production Value and Forecast (2018-2029) & (USD Million)
Figure 4. World High Voltage Direct Current (HVDC) Transmission System Production (2018-2029) & (K Units)
Figure 5. World High Voltage Direct Current (HVDC) Transmission System Average Price (2018-2029) & (USD/Unit)
Figure 6. World High Voltage Direct Current (HVDC) Transmission System Production Value Market Share by Region (2018-2029)
Figure 7. World High Voltage Direct Current (HVDC) Transmission System Production Market Share by Region (2018-2029)
Figure 8. North America High Voltage Direct Current (HVDC) Transmission System Production (2018-2029) & (K Units)
Figure 9. Europe High Voltage Direct Current (HVDC) Transmission System Production (2018-2029) & (K Units)
Figure 10. China High Voltage Direct Current (HVDC) Transmission System Production (2018-2029) & (K Units)
Figure 11. Japan High Voltage Direct Current (HVDC) Transmission System Production (2018-2029) & (K Units)
Figure 12. High Voltage Direct Current (HVDC) Transmission System Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 15. World High Voltage Direct Current (HVDC) Transmission System Consumption Market Share by Region (2018-2029)
Figure 16. United States High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 17. China High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 18. Europe High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 19. Japan High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 20. South Korea High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 21. ASEAN High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 22. India High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 23. Producer Shipments of High Voltage Direct Current (HVDC) Transmission System by Manufacturer Revenue ($MM) and Market Share (%): 2022
Figure 24. Global Four-firm Concentration Ratios (CR4) for High Voltage Direct Current (HVDC) Transmission System Markets in 2022
Figure 25. Global Four-firm Concentration Ratios (CR8) for High Voltage Direct Current (HVDC) Transmission System Markets in 2022
Figure 26. United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Value Market Share Comparison (2018 & 2022 & 2029)
Figure 27. United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Market Share Comparison (2018 & 2022 & 2029)
Figure 28. United States VS China: High Voltage Direct Current (HVDC) Transmission System Consumption Market Share Comparison (2018 & 2022 & 2029)
Figure 29. United States Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Market Share 2022
Figure 30. China Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Market Share 2022
Figure 31. Rest of World Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Market Share 2022
Figure 32. World High Voltage Direct Current (HVDC) Transmission System Production Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 33. World High Voltage Direct Current (HVDC) Transmission System Production Value Market Share by Type in 2022
Figure 34. LCC
Figure 35. VSC
Figure 36. Others
Figure 37. World High Voltage Direct Current (HVDC) Transmission System Production Market Share by Type (2018-2029)
Figure 38. World High Voltage Direct Current (HVDC) Transmission System Production Value Market Share by Type (2018-2029)
Figure 39. World High Voltage Direct Current (HVDC) Transmission System Average Price by Type (2018-2029) & (USD/Unit)
Figure 40. World High Voltage Direct Current (HVDC) Transmission System Production Value by Application, (USD Million), 2018 & 2022 & 2029
Figure 41. World High Voltage Direct Current (HVDC) Transmission System Production Value Market Share by Application in 2022
Figure 42. AC and DC harmonic filters
Figure 43. Converters
Figure 44. DC lines
Figure 45. Circuit breakers
Figure 46. Others
Figure 47. World High Voltage Direct Current (HVDC) Transmission System Production Market Share by Application (2018-2029)
Figure 48. World High Voltage Direct Current (HVDC) Transmission System Production Value Market Share by Application (2018-2029)
Figure 49. World High Voltage Direct Current (HVDC) Transmission System Average Price by Application (2018-2029) & (USD/Unit)
Figure 50. High Voltage Direct Current (HVDC) Transmission System Industry Chain
Figure 51. High Voltage Direct Current (HVDC) Transmission System Procurement Model
Figure 52. High Voltage Direct Current (HVDC) Transmission System Sales Model
Figure 53. High Voltage Direct Current (HVDC) Transmission System Sales Channels, Direct Sales, and Distribution
Figure 54. Methodology
Figure 55. Research Process and Data Source
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Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

yuan2

Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

yuan2

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

yuan2

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

yuan2

Consideration of geography, region-specific product/service demand for region segments

yuan2

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

yuan2

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

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Final quality check

yuan2

Clarifying queries

yuan2

Receiving feedback

yuan2

Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

  • yuan01
    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

  • yuan01
    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

  • yuan01
    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Related Reports

Global High Voltage Direct Current (HVDC) Transmission System Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029 xian22

Global High Voltage Direct Current (HVDC) Transmission System Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

date 16 Jan 2023

date Energy & Power

HVDC Transmission System uses direct current for the bulk transmission of electrical power, in contrast with the more common alternating current (AC) systems. For long-distance transmission, HVDC systems may be less expensive and suffer lower electrical losses. For underwater power cables, HVDC avoids the heavy currents required to charge and discharge the cable capacitance each cycle. For shorter distances, the higher cost of DC conversion equipment compared to an AC system may still be justified, due to other benefits of direct current links. HVDC allows power transmission between unsynchronized AC transmission systems. Since the power flow through an HVDC link can be controlled independently of the phase angle between source and load, it can stabilize a network against disturbances due to rapid changes in power. HVDC also allows transfer of power between grid systems running at different frequencies, such as 50 Hz and 61 Hz. This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.

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Global High Voltage Direct Current (HVDC) Transmission System Supply, Demand and Key Producers, 2023-2029

Global High Voltage Direct Current (HVDC) Transmission System Supply, Demand and Key Producers, 2023-2029

Page: 98

Published Date: 10 Feb 2023

Category: Energy & Power

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Description

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Description

HVDC Transmission System uses direct current for the bulk transmission of electrical power, in contrast with the more common alternating current (AC) systems. For long-distance transmission, HVDC systems may be less expensive and suffer lower electrical losses. For underwater power cables, HVDC avoids the heavy currents required to charge and discharge the cable capacitance each cycle. For shorter distances, the higher cost of DC conversion equipment compared to an AC system may still be justified, due to other benefits of direct current links. HVDC allows power transmission between unsynchronized AC transmission systems. Since the power flow through an HVDC link can be controlled independently of the phase angle between source and load, it can stabilize a network against disturbances due to rapid changes in power. HVDC also allows transfer of power between grid systems running at different frequencies, such as 50 Hz and 61 Hz. This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.

This report studies the global High Voltage Direct Current (HVDC) Transmission System production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for High Voltage Direct Current (HVDC) Transmission System, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of High Voltage Direct Current (HVDC) Transmission System that contribute to its increasing demand across many markets.

The global High Voltage Direct Current (HVDC) Transmission System market size is expected to reach $ 11580 million by 2029, rising at a market growth of 3.4% CAGR during the forecast period (2023-2029).

Global HVDC transmission system key players include ABB, Siemens, XD Group, NR Electric, GE Grid Solution, etc. Global top 5 manufacturers hold a share about 57%. China is the largest market, with a share about 46%, followed by Europe, with a share about 18 percent.

Highlights and key features of the study
Global High Voltage Direct Current (HVDC) Transmission System total production and demand, 2018-2029, (K Units)
Global High Voltage Direct Current (HVDC) Transmission System total production value, 2018-2029, (USD Million)
Global High Voltage Direct Current (HVDC) Transmission System production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global High Voltage Direct Current (HVDC) Transmission System consumption by region & country, CAGR, 2018-2029 & (K Units)
U.S. VS China: High Voltage Direct Current (HVDC) Transmission System domestic production, consumption, key domestic manufacturers and share
Global High Voltage Direct Current (HVDC) Transmission System production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)
Global High Voltage Direct Current (HVDC) Transmission System production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global High Voltage Direct Current (HVDC) Transmission System production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units)
This reports profiles key players in the global High Voltage Direct Current (HVDC) Transmission System market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, Toshiba, GE, Prysmian, Hitachi, TransGrid, Abengoa and ATCO, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World High Voltage Direct Current (HVDC) Transmission System market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global High Voltage Direct Current (HVDC) Transmission System Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global High Voltage Direct Current (HVDC) Transmission System Market, Segmentation by Type
LCC
VSC
Others

Global High Voltage Direct Current (HVDC) Transmission System Market, Segmentation by Application
AC and DC harmonic filters
Converters
DC lines
Circuit breakers
Others

Companies Profiled:
ABB
Siemens
Toshiba
GE
Prysmian
Hitachi
TransGrid
Abengoa
ATCO

Key Questions Answered
1. How big is the global High Voltage Direct Current (HVDC) Transmission System market?
2. What is the demand of the global High Voltage Direct Current (HVDC) Transmission System market?
3. What is the year over year growth of the global High Voltage Direct Current (HVDC) Transmission System market?
4. What is the production and production value of the global High Voltage Direct Current (HVDC) Transmission System market?
5. Who are the key producers in the global High Voltage Direct Current (HVDC) Transmission System market?
6. What are the growth factors driving the market demand?
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Table of Contents

1 Supply Summary
1.1 High Voltage Direct Current (HVDC) Transmission System Introduction
1.2 World High Voltage Direct Current (HVDC) Transmission System Supply & Forecast
1.2.1 World High Voltage Direct Current (HVDC) Transmission System Production Value (2018 & 2022 & 2029)
1.2.2 World High Voltage Direct Current (HVDC) Transmission System Production (2018-2029)
1.2.3 World High Voltage Direct Current (HVDC) Transmission System Pricing Trends (2018-2029)
1.3 World High Voltage Direct Current (HVDC) Transmission System Production by Region (Based on Production Site)
1.3.1 World High Voltage Direct Current (HVDC) Transmission System Production Value by Region (2018-2029)
1.3.2 World High Voltage Direct Current (HVDC) Transmission System Production by Region (2018-2029)
1.3.3 World High Voltage Direct Current (HVDC) Transmission System Average Price by Region (2018-2029)
1.3.4 North America High Voltage Direct Current (HVDC) Transmission System Production (2018-2029)
1.3.5 Europe High Voltage Direct Current (HVDC) Transmission System Production (2018-2029)
1.3.6 China High Voltage Direct Current (HVDC) Transmission System Production (2018-2029)
1.3.7 Japan High Voltage Direct Current (HVDC) Transmission System Production (2018-2029)
1.4 Market Drivers, Restraints and Trends
1.4.1 High Voltage Direct Current (HVDC) Transmission System Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 High Voltage Direct Current (HVDC) Transmission System Major Market Trends
1.5 Influence of COVID-19 and Russia-Ukraine War
1.5.1 Influence of COVID-19
1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
2.1 World High Voltage Direct Current (HVDC) Transmission System Demand (2018-2029)
2.2 World High Voltage Direct Current (HVDC) Transmission System Consumption by Region
2.2.1 World High Voltage Direct Current (HVDC) Transmission System Consumption by Region (2018-2023)
2.2.2 World High Voltage Direct Current (HVDC) Transmission System Consumption Forecast by Region (2024-2029)
2.3 United States High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029)
2.4 China High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029)
2.5 Europe High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029)
2.6 Japan High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029)
2.7 South Korea High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029)
2.8 ASEAN High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029)
2.9 India High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029)

3 World High Voltage Direct Current (HVDC) Transmission System Manufacturers Competitive Analysis
3.1 World High Voltage Direct Current (HVDC) Transmission System Production Value by Manufacturer (2018-2023)
3.2 World High Voltage Direct Current (HVDC) Transmission System Production by Manufacturer (2018-2023)
3.3 World High Voltage Direct Current (HVDC) Transmission System Average Price by Manufacturer (2018-2023)
3.4 High Voltage Direct Current (HVDC) Transmission System Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global High Voltage Direct Current (HVDC) Transmission System Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for High Voltage Direct Current (HVDC) Transmission System in 2022
3.5.3 Global Concentration Ratios (CR8) for High Voltage Direct Current (HVDC) Transmission System in 2022
3.6 High Voltage Direct Current (HVDC) Transmission System Market: Overall Company Footprint Analysis
3.6.1 High Voltage Direct Current (HVDC) Transmission System Market: Region Footprint
3.6.2 High Voltage Direct Current (HVDC) Transmission System Market: Company Product Type Footprint
3.6.3 High Voltage Direct Current (HVDC) Transmission System Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
4.1 United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Value Comparison
4.1.1 United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Value Comparison (2018 & 2022 & 2029)
4.1.2 United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Value Market Share Comparison (2018 & 2022 & 2029)
4.2 United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Comparison
4.2.1 United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Comparison (2018 & 2022 & 2029)
4.2.2 United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Market Share Comparison (2018 & 2022 & 2029)
4.3 United States VS China: High Voltage Direct Current (HVDC) Transmission System Consumption Comparison
4.3.1 United States VS China: High Voltage Direct Current (HVDC) Transmission System Consumption Comparison (2018 & 2022 & 2029)
4.3.2 United States VS China: High Voltage Direct Current (HVDC) Transmission System Consumption Market Share Comparison (2018 & 2022 & 2029)
4.4 United States Based High Voltage Direct Current (HVDC) Transmission System Manufacturers and Market Share, 2018-2023
4.4.1 United States Based High Voltage Direct Current (HVDC) Transmission System Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value (2018-2023)
4.4.3 United States Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production (2018-2023)
4.5 China Based High Voltage Direct Current (HVDC) Transmission System Manufacturers and Market Share
4.5.1 China Based High Voltage Direct Current (HVDC) Transmission System Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value (2018-2023)
4.5.3 China Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production (2018-2023)
4.6 Rest of World Based High Voltage Direct Current (HVDC) Transmission System Manufacturers and Market Share, 2018-2023
4.6.1 Rest of World Based High Voltage Direct Current (HVDC) Transmission System Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value (2018-2023)
4.6.3 Rest of World Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production (2018-2023)

5 Market Analysis by Type
5.1 World High Voltage Direct Current (HVDC) Transmission System Market Size Overview by Type: 2018 VS 2022 VS 2029
5.2 Segment Introduction by Type
5.2.1 LCC
5.2.2 VSC
5.2.3 Others
5.3 Market Segment by Type
5.3.1 World High Voltage Direct Current (HVDC) Transmission System Production by Type (2018-2029)
5.3.2 World High Voltage Direct Current (HVDC) Transmission System Production Value by Type (2018-2029)
5.3.3 World High Voltage Direct Current (HVDC) Transmission System Average Price by Type (2018-2029)

6 Market Analysis by Application
6.1 World High Voltage Direct Current (HVDC) Transmission System Market Size Overview by Application: 2018 VS 2022 VS 2029
6.2 Segment Introduction by Application
6.2.1 AC and DC harmonic filters
6.2.2 Converters
6.2.3 DC lines
6.2.4 Circuit breakers
6.2.5 Others
6.3 Market Segment by Application
6.3.1 World High Voltage Direct Current (HVDC) Transmission System Production by Application (2018-2029)
6.3.2 World High Voltage Direct Current (HVDC) Transmission System Production Value by Application (2018-2029)
6.3.3 World High Voltage Direct Current (HVDC) Transmission System Average Price by Application (2018-2029)

7 Company Profiles
7.1 ABB
7.1.1 ABB Details
7.1.2 ABB Major Business
7.1.3 ABB High Voltage Direct Current (HVDC) Transmission System Product and Services
7.1.4 ABB High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.1.5 ABB Recent Developments/Updates
7.1.6 ABB Competitive Strengths & Weaknesses
7.2 Siemens
7.2.1 Siemens Details
7.2.2 Siemens Major Business
7.2.3 Siemens High Voltage Direct Current (HVDC) Transmission System Product and Services
7.2.4 Siemens High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.2.5 Siemens Recent Developments/Updates
7.2.6 Siemens Competitive Strengths & Weaknesses
7.3 Toshiba
7.3.1 Toshiba Details
7.3.2 Toshiba Major Business
7.3.3 Toshiba High Voltage Direct Current (HVDC) Transmission System Product and Services
7.3.4 Toshiba High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.3.5 Toshiba Recent Developments/Updates
7.3.6 Toshiba Competitive Strengths & Weaknesses
7.4 GE
7.4.1 GE Details
7.4.2 GE Major Business
7.4.3 GE High Voltage Direct Current (HVDC) Transmission System Product and Services
7.4.4 GE High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.4.5 GE Recent Developments/Updates
7.4.6 GE Competitive Strengths & Weaknesses
7.5 Prysmian
7.5.1 Prysmian Details
7.5.2 Prysmian Major Business
7.5.3 Prysmian High Voltage Direct Current (HVDC) Transmission System Product and Services
7.5.4 Prysmian High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.5.5 Prysmian Recent Developments/Updates
7.5.6 Prysmian Competitive Strengths & Weaknesses
7.6 Hitachi
7.6.1 Hitachi Details
7.6.2 Hitachi Major Business
7.6.3 Hitachi High Voltage Direct Current (HVDC) Transmission System Product and Services
7.6.4 Hitachi High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.6.5 Hitachi Recent Developments/Updates
7.6.6 Hitachi Competitive Strengths & Weaknesses
7.7 TransGrid
7.7.1 TransGrid Details
7.7.2 TransGrid Major Business
7.7.3 TransGrid High Voltage Direct Current (HVDC) Transmission System Product and Services
7.7.4 TransGrid High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.7.5 TransGrid Recent Developments/Updates
7.7.6 TransGrid Competitive Strengths & Weaknesses
7.8 Abengoa
7.8.1 Abengoa Details
7.8.2 Abengoa Major Business
7.8.3 Abengoa High Voltage Direct Current (HVDC) Transmission System Product and Services
7.8.4 Abengoa High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.8.5 Abengoa Recent Developments/Updates
7.8.6 Abengoa Competitive Strengths & Weaknesses
7.9 ATCO
7.9.1 ATCO Details
7.9.2 ATCO Major Business
7.9.3 ATCO High Voltage Direct Current (HVDC) Transmission System Product and Services
7.9.4 ATCO High Voltage Direct Current (HVDC) Transmission System Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.9.5 ATCO Recent Developments/Updates
7.9.6 ATCO Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 High Voltage Direct Current (HVDC) Transmission System Industry Chain
8.2 High Voltage Direct Current (HVDC) Transmission System Upstream Analysis
8.2.1 High Voltage Direct Current (HVDC) Transmission System Core Raw Materials
8.2.2 Main Manufacturers of High Voltage Direct Current (HVDC) Transmission System Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 High Voltage Direct Current (HVDC) Transmission System Production Mode
8.6 High Voltage Direct Current (HVDC) Transmission System Procurement Model
8.7 High Voltage Direct Current (HVDC) Transmission System Industry Sales Model and Sales Channels
8.7.1 High Voltage Direct Current (HVDC) Transmission System Sales Model
8.7.2 High Voltage Direct Current (HVDC) Transmission System Typical Customers

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World High Voltage Direct Current (HVDC) Transmission System Production Value by Region (2018, 2022 and 2029) & (USD Million)
Table 2. World High Voltage Direct Current (HVDC) Transmission System Production Value by Region (2018-2023) & (USD Million)
Table 3. World High Voltage Direct Current (HVDC) Transmission System Production Value by Region (2024-2029) & (USD Million)
Table 4. World High Voltage Direct Current (HVDC) Transmission System Production Value Market Share by Region (2018-2023)
Table 5. World High Voltage Direct Current (HVDC) Transmission System Production Value Market Share by Region (2024-2029)
Table 6. World High Voltage Direct Current (HVDC) Transmission System Production by Region (2018-2023) & (K Units)
Table 7. World High Voltage Direct Current (HVDC) Transmission System Production by Region (2024-2029) & (K Units)
Table 8. World High Voltage Direct Current (HVDC) Transmission System Production Market Share by Region (2018-2023)
Table 9. World High Voltage Direct Current (HVDC) Transmission System Production Market Share by Region (2024-2029)
Table 10. World High Voltage Direct Current (HVDC) Transmission System Average Price by Region (2018-2023) & (USD/Unit)
Table 11. World High Voltage Direct Current (HVDC) Transmission System Average Price by Region (2024-2029) & (USD/Unit)
Table 12. High Voltage Direct Current (HVDC) Transmission System Major Market Trends
Table 13. World High Voltage Direct Current (HVDC) Transmission System Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (K Units)
Table 14. World High Voltage Direct Current (HVDC) Transmission System Consumption by Region (2018-2023) & (K Units)
Table 15. World High Voltage Direct Current (HVDC) Transmission System Consumption Forecast by Region (2024-2029) & (K Units)
Table 16. World High Voltage Direct Current (HVDC) Transmission System Production Value by Manufacturer (2018-2023) & (USD Million)
Table 17. Production Value Market Share of Key High Voltage Direct Current (HVDC) Transmission System Producers in 2022
Table 18. World High Voltage Direct Current (HVDC) Transmission System Production by Manufacturer (2018-2023) & (K Units)
Table 19. Production Market Share of Key High Voltage Direct Current (HVDC) Transmission System Producers in 2022
Table 20. World High Voltage Direct Current (HVDC) Transmission System Average Price by Manufacturer (2018-2023) & (USD/Unit)
Table 21. Global High Voltage Direct Current (HVDC) Transmission System Company Evaluation Quadrant
Table 22. World High Voltage Direct Current (HVDC) Transmission System Industry Rank of Major Manufacturers, Based on Production Value in 2022
Table 23. Head Office and High Voltage Direct Current (HVDC) Transmission System Production Site of Key Manufacturer
Table 24. High Voltage Direct Current (HVDC) Transmission System Market: Company Product Type Footprint
Table 25. High Voltage Direct Current (HVDC) Transmission System Market: Company Product Application Footprint
Table 26. High Voltage Direct Current (HVDC) Transmission System Competitive Factors
Table 27. High Voltage Direct Current (HVDC) Transmission System New Entrant and Capacity Expansion Plans
Table 28. High Voltage Direct Current (HVDC) Transmission System Mergers & Acquisitions Activity
Table 29. United States VS China High Voltage Direct Current (HVDC) Transmission System Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 30. United States VS China High Voltage Direct Current (HVDC) Transmission System Production Comparison, (2018 & 2022 & 2029) & (K Units)
Table 31. United States VS China High Voltage Direct Current (HVDC) Transmission System Consumption Comparison, (2018 & 2022 & 2029) & (K Units)
Table 32. United States Based High Voltage Direct Current (HVDC) Transmission System Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value, (2018-2023) & (USD Million)
Table 34. United States Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value Market Share (2018-2023)
Table 35. United States Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production (2018-2023) & (K Units)
Table 36. United States Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Market Share (2018-2023)
Table 37. China Based High Voltage Direct Current (HVDC) Transmission System Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value, (2018-2023) & (USD Million)
Table 39. China Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value Market Share (2018-2023)
Table 40. China Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production (2018-2023) & (K Units)
Table 41. China Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Market Share (2018-2023)
Table 42. Rest of World Based High Voltage Direct Current (HVDC) Transmission System Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value, (2018-2023) & (USD Million)
Table 44. Rest of World Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Value Market Share (2018-2023)
Table 45. Rest of World Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production (2018-2023) & (K Units)
Table 46. Rest of World Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Market Share (2018-2023)
Table 47. World High Voltage Direct Current (HVDC) Transmission System Production Value by Type, (USD Million), 2018 & 2022 & 2029
Table 48. World High Voltage Direct Current (HVDC) Transmission System Production by Type (2018-2023) & (K Units)
Table 49. World High Voltage Direct Current (HVDC) Transmission System Production by Type (2024-2029) & (K Units)
Table 50. World High Voltage Direct Current (HVDC) Transmission System Production Value by Type (2018-2023) & (USD Million)
Table 51. World High Voltage Direct Current (HVDC) Transmission System Production Value by Type (2024-2029) & (USD Million)
Table 52. World High Voltage Direct Current (HVDC) Transmission System Average Price by Type (2018-2023) & (USD/Unit)
Table 53. World High Voltage Direct Current (HVDC) Transmission System Average Price by Type (2024-2029) & (USD/Unit)
Table 54. World High Voltage Direct Current (HVDC) Transmission System Production Value by Application, (USD Million), 2018 & 2022 & 2029
Table 55. World High Voltage Direct Current (HVDC) Transmission System Production by Application (2018-2023) & (K Units)
Table 56. World High Voltage Direct Current (HVDC) Transmission System Production by Application (2024-2029) & (K Units)
Table 57. World High Voltage Direct Current (HVDC) Transmission System Production Value by Application (2018-2023) & (USD Million)
Table 58. World High Voltage Direct Current (HVDC) Transmission System Production Value by Application (2024-2029) & (USD Million)
Table 59. World High Voltage Direct Current (HVDC) Transmission System Average Price by Application (2018-2023) & (USD/Unit)
Table 60. World High Voltage Direct Current (HVDC) Transmission System Average Price by Application (2024-2029) & (USD/Unit)
Table 61. ABB Basic Information, Manufacturing Base and Competitors
Table 62. ABB Major Business
Table 63. ABB High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 64. ABB High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 65. ABB Recent Developments/Updates
Table 66. ABB Competitive Strengths & Weaknesses
Table 67. Siemens Basic Information, Manufacturing Base and Competitors
Table 68. Siemens Major Business
Table 69. Siemens High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 70. Siemens High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 71. Siemens Recent Developments/Updates
Table 72. Siemens Competitive Strengths & Weaknesses
Table 73. Toshiba Basic Information, Manufacturing Base and Competitors
Table 74. Toshiba Major Business
Table 75. Toshiba High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 76. Toshiba High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 77. Toshiba Recent Developments/Updates
Table 78. Toshiba Competitive Strengths & Weaknesses
Table 79. GE Basic Information, Manufacturing Base and Competitors
Table 80. GE Major Business
Table 81. GE High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 82. GE High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 83. GE Recent Developments/Updates
Table 84. GE Competitive Strengths & Weaknesses
Table 85. Prysmian Basic Information, Manufacturing Base and Competitors
Table 86. Prysmian Major Business
Table 87. Prysmian High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 88. Prysmian High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 89. Prysmian Recent Developments/Updates
Table 90. Prysmian Competitive Strengths & Weaknesses
Table 91. Hitachi Basic Information, Manufacturing Base and Competitors
Table 92. Hitachi Major Business
Table 93. Hitachi High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 94. Hitachi High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 95. Hitachi Recent Developments/Updates
Table 96. Hitachi Competitive Strengths & Weaknesses
Table 97. TransGrid Basic Information, Manufacturing Base and Competitors
Table 98. TransGrid Major Business
Table 99. TransGrid High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 100. TransGrid High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 101. TransGrid Recent Developments/Updates
Table 102. TransGrid Competitive Strengths & Weaknesses
Table 103. Abengoa Basic Information, Manufacturing Base and Competitors
Table 104. Abengoa Major Business
Table 105. Abengoa High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 106. Abengoa High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 107. Abengoa Recent Developments/Updates
Table 108. ATCO Basic Information, Manufacturing Base and Competitors
Table 109. ATCO Major Business
Table 110. ATCO High Voltage Direct Current (HVDC) Transmission System Product and Services
Table 111. ATCO High Voltage Direct Current (HVDC) Transmission System Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 112. Global Key Players of High Voltage Direct Current (HVDC) Transmission System Upstream (Raw Materials)
Table 113. High Voltage Direct Current (HVDC) Transmission System Typical Customers
Table 114. High Voltage Direct Current (HVDC) Transmission System Typical Distributors
List of Figure
Figure 1. High Voltage Direct Current (HVDC) Transmission System Picture
Figure 2. World High Voltage Direct Current (HVDC) Transmission System Production Value: 2018 & 2022 & 2029, (USD Million)
Figure 3. World High Voltage Direct Current (HVDC) Transmission System Production Value and Forecast (2018-2029) & (USD Million)
Figure 4. World High Voltage Direct Current (HVDC) Transmission System Production (2018-2029) & (K Units)
Figure 5. World High Voltage Direct Current (HVDC) Transmission System Average Price (2018-2029) & (USD/Unit)
Figure 6. World High Voltage Direct Current (HVDC) Transmission System Production Value Market Share by Region (2018-2029)
Figure 7. World High Voltage Direct Current (HVDC) Transmission System Production Market Share by Region (2018-2029)
Figure 8. North America High Voltage Direct Current (HVDC) Transmission System Production (2018-2029) & (K Units)
Figure 9. Europe High Voltage Direct Current (HVDC) Transmission System Production (2018-2029) & (K Units)
Figure 10. China High Voltage Direct Current (HVDC) Transmission System Production (2018-2029) & (K Units)
Figure 11. Japan High Voltage Direct Current (HVDC) Transmission System Production (2018-2029) & (K Units)
Figure 12. High Voltage Direct Current (HVDC) Transmission System Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 15. World High Voltage Direct Current (HVDC) Transmission System Consumption Market Share by Region (2018-2029)
Figure 16. United States High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 17. China High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 18. Europe High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 19. Japan High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 20. South Korea High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 21. ASEAN High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 22. India High Voltage Direct Current (HVDC) Transmission System Consumption (2018-2029) & (K Units)
Figure 23. Producer Shipments of High Voltage Direct Current (HVDC) Transmission System by Manufacturer Revenue ($MM) and Market Share (%): 2022
Figure 24. Global Four-firm Concentration Ratios (CR4) for High Voltage Direct Current (HVDC) Transmission System Markets in 2022
Figure 25. Global Four-firm Concentration Ratios (CR8) for High Voltage Direct Current (HVDC) Transmission System Markets in 2022
Figure 26. United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Value Market Share Comparison (2018 & 2022 & 2029)
Figure 27. United States VS China: High Voltage Direct Current (HVDC) Transmission System Production Market Share Comparison (2018 & 2022 & 2029)
Figure 28. United States VS China: High Voltage Direct Current (HVDC) Transmission System Consumption Market Share Comparison (2018 & 2022 & 2029)
Figure 29. United States Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Market Share 2022
Figure 30. China Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Market Share 2022
Figure 31. Rest of World Based Manufacturers High Voltage Direct Current (HVDC) Transmission System Production Market Share 2022
Figure 32. World High Voltage Direct Current (HVDC) Transmission System Production Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 33. World High Voltage Direct Current (HVDC) Transmission System Production Value Market Share by Type in 2022
Figure 34. LCC
Figure 35. VSC
Figure 36. Others
Figure 37. World High Voltage Direct Current (HVDC) Transmission System Production Market Share by Type (2018-2029)
Figure 38. World High Voltage Direct Current (HVDC) Transmission System Production Value Market Share by Type (2018-2029)
Figure 39. World High Voltage Direct Current (HVDC) Transmission System Average Price by Type (2018-2029) & (USD/Unit)
Figure 40. World High Voltage Direct Current (HVDC) Transmission System Production Value by Application, (USD Million), 2018 & 2022 & 2029
Figure 41. World High Voltage Direct Current (HVDC) Transmission System Production Value Market Share by Application in 2022
Figure 42. AC and DC harmonic filters
Figure 43. Converters
Figure 44. DC lines
Figure 45. Circuit breakers
Figure 46. Others
Figure 47. World High Voltage Direct Current (HVDC) Transmission System Production Market Share by Application (2018-2029)
Figure 48. World High Voltage Direct Current (HVDC) Transmission System Production Value Market Share by Application (2018-2029)
Figure 49. World High Voltage Direct Current (HVDC) Transmission System Average Price by Application (2018-2029) & (USD/Unit)
Figure 50. High Voltage Direct Current (HVDC) Transmission System Industry Chain
Figure 51. High Voltage Direct Current (HVDC) Transmission System Procurement Model
Figure 52. High Voltage Direct Current (HVDC) Transmission System Sales Model
Figure 53. High Voltage Direct Current (HVDC) Transmission System Sales Channels, Direct Sales, and Distribution
Figure 54. Methodology
Figure 55. Research Process and Data Source
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Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

yuan2

Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

yuan2

Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

yuan2

Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

yuan2

Clarifying queries

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Receiving feedback

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Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

  • yuan01
    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

  • yuan01
    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Global High Voltage Direct Current (HVDC) Transmission System Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

industry 16 Jan 2023

industry Energy & Power

HVDC Transmission System uses direct current for the bulk transmission of electrical power, in contrast with the more common alternating current (AC) systems. For long-distance transmission, HVDC systems may be less expensive and suffer lower electrical losses. For underwater power cables, HVDC avoids the heavy currents required to charge and discharge the cable capacitance each cycle. For shorter distances, the higher cost of DC conversion equipment compared to an AC system may still be justified, due to other benefits of direct current links. HVDC allows power transmission between unsynchronized AC transmission systems. Since the power flow through an HVDC link can be controlled independently of the phase angle between source and load, it can stabilize a network against disturbances due to rapid changes in power. HVDC also allows transfer of power between grid systems running at different frequencies, such as 50 Hz and 61 Hz. This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.

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