Global HVDC Transmission System Supply, Demand and Key Producers, 2024-2030

Global HVDC Transmission System Supply, Demand and Key Producers, 2024-2030

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Published Date: 10 Feb 2024

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 Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

The global HVDC Transmission System market size is expected to reach $ 14270 million by 2030, rising at a market growth of 6.5% CAGR during the forecast period (2024-2030).

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 17 percent.

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 60 Hz. This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.

This report studies the global HVDC Transmission System demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for HVDC Transmission System, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of HVDC Transmission System that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global HVDC Transmission System total market, 2019-2030, (USD Million)
Global HVDC Transmission System total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: HVDC Transmission System total market, key domestic companies and share, (USD Million)
Global HVDC Transmission System revenue by player and market share 2019-2024, (USD Million)
Global HVDC Transmission System total market by Type, CAGR, 2019-2030, (USD Million)
Global HVDC Transmission System total market by Application, CAGR, 2019-2030, (USD Million).

This reports profiles major players in the global HVDC Transmission System market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, XD, NR Electric, GE Grid Solution, NKT, TBEA, XJ Group Corporation and Hitachi ABB Power Grids, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World HVDC Transmission System market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global HVDC Transmission System Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global HVDC Transmission System Market, Segmentation by Type
Below 400 kV
Between 400-800 kV
Above 800 kV

Global HVDC Transmission System Market, Segmentation by Application
Overhead Transmission
Underground Transmission
Subsea Transmission

Companies Profiled:
ABB
Siemens
XD
NR Electric
GE Grid Solution
NKT
TBEA
XJ Group Corporation
Hitachi ABB Power Grids
Nexans
Toshiba
Mitsubishi Electric
Abengoa
Prysmian Group
China XD Group

Key Questions Answered
1. How big is the global HVDC Transmission System market?
2. What is the demand of the global HVDC Transmission System market?
3. What is the year over year growth of the global HVDC Transmission System market?
4. What is the total value of the global HVDC Transmission System market?
5. Who are the major players in the global HVDC Transmission System market?
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Table of Contents

1 Supply Summary
1.1 HVDC Transmission System Introduction
1.2 World HVDC Transmission System Market Size & Forecast (2019 & 2023 & 2030)
1.3 World HVDC Transmission System Total Market by Region (by Headquarter Location)
1.3.1 World HVDC Transmission System Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States HVDC Transmission System Market Size (2019-2030)
1.3.3 China HVDC Transmission System Market Size (2019-2030)
1.3.4 Europe HVDC Transmission System Market Size (2019-2030)
1.3.5 Japan HVDC Transmission System Market Size (2019-2030)
1.3.6 South Korea HVDC Transmission System Market Size (2019-2030)
1.3.7 ASEAN HVDC Transmission System Market Size (2019-2030)
1.3.8 India HVDC Transmission System Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 HVDC Transmission System Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 HVDC Transmission System Major Market Trends

2 Demand Summary
2.1 World HVDC Transmission System Consumption Value (2019-2030)
2.2 World HVDC Transmission System Consumption Value by Region
2.2.1 World HVDC Transmission System Consumption Value by Region (2019-2024)
2.2.2 World HVDC Transmission System Consumption Value Forecast by Region (2025-2030)
2.3 United States HVDC Transmission System Consumption Value (2019-2030)
2.4 China HVDC Transmission System Consumption Value (2019-2030)
2.5 Europe HVDC Transmission System Consumption Value (2019-2030)
2.6 Japan HVDC Transmission System Consumption Value (2019-2030)
2.7 South Korea HVDC Transmission System Consumption Value (2019-2030)
2.8 ASEAN HVDC Transmission System Consumption Value (2019-2030)
2.9 India HVDC Transmission System Consumption Value (2019-2030)

3 World HVDC Transmission System Companies Competitive Analysis
3.1 World HVDC Transmission System Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global HVDC Transmission System Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for HVDC Transmission System in 2023
3.2.3 Global Concentration Ratios (CR8) for HVDC Transmission System in 2023
3.3 HVDC Transmission System Company Evaluation Quadrant
3.4 HVDC Transmission System Market: Overall Company Footprint Analysis
3.4.1 HVDC Transmission System Market: Region Footprint
3.4.2 HVDC Transmission System Market: Company Product Type Footprint
3.4.3 HVDC Transmission System Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
4.1 United States VS China: HVDC Transmission System Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: HVDC Transmission System Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: HVDC Transmission System Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: HVDC Transmission System Consumption Value Comparison
4.2.1 United States VS China: HVDC Transmission System Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: HVDC Transmission System Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based HVDC Transmission System Companies and Market Share, 2019-2024
4.3.1 United States Based HVDC Transmission System Companies, Headquarters (States, Country)
4.3.2 United States Based Companies HVDC Transmission System Revenue, (2019-2024)
4.4 China Based Companies HVDC Transmission System Revenue and Market Share, 2019-2024
4.4.1 China Based HVDC Transmission System Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies HVDC Transmission System Revenue, (2019-2024)
4.5 Rest of World Based HVDC Transmission System Companies and Market Share, 2019-2024
4.5.1 Rest of World Based HVDC Transmission System Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies HVDC Transmission System Revenue, (2019-2024)

5 Market Analysis by Type
5.1 World HVDC Transmission System Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Below 400 kV
5.2.2 Between 400-800 kV
5.2.3 Above 800 kV
5.3 Market Segment by Type
5.3.1 World HVDC Transmission System Market Size by Type (2019-2024)
5.3.2 World HVDC Transmission System Market Size by Type (2025-2030)
5.3.3 World HVDC Transmission System Market Size Market Share by Type (2019-2030)

6 Market Analysis by Application
6.1 World HVDC Transmission System Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Overhead Transmission
6.2.2 Underground Transmission
6.2.3 Subsea Transmission
6.3 Market Segment by Application
6.3.1 World HVDC Transmission System Market Size by Application (2019-2024)
6.3.2 World HVDC Transmission System Market Size by Application (2025-2030)
6.3.3 World HVDC Transmission System Market Size by Application (2019-2030)

7 Company Profiles
7.1 ABB
7.1.1 ABB Details
7.1.2 ABB Major Business
7.1.3 ABB HVDC Transmission System Product and Services
7.1.4 ABB HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
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 HVDC Transmission System Product and Services
7.2.4 Siemens HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Siemens Recent Developments/Updates
7.2.6 Siemens Competitive Strengths & Weaknesses
7.3 XD
7.3.1 XD Details
7.3.2 XD Major Business
7.3.3 XD HVDC Transmission System Product and Services
7.3.4 XD HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 XD Recent Developments/Updates
7.3.6 XD Competitive Strengths & Weaknesses
7.4 NR Electric
7.4.1 NR Electric Details
7.4.2 NR Electric Major Business
7.4.3 NR Electric HVDC Transmission System Product and Services
7.4.4 NR Electric HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 NR Electric Recent Developments/Updates
7.4.6 NR Electric Competitive Strengths & Weaknesses
7.5 GE Grid Solution
7.5.1 GE Grid Solution Details
7.5.2 GE Grid Solution Major Business
7.5.3 GE Grid Solution HVDC Transmission System Product and Services
7.5.4 GE Grid Solution HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 GE Grid Solution Recent Developments/Updates
7.5.6 GE Grid Solution Competitive Strengths & Weaknesses
7.6 NKT
7.6.1 NKT Details
7.6.2 NKT Major Business
7.6.3 NKT HVDC Transmission System Product and Services
7.6.4 NKT HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 NKT Recent Developments/Updates
7.6.6 NKT Competitive Strengths & Weaknesses
7.7 TBEA
7.7.1 TBEA Details
7.7.2 TBEA Major Business
7.7.3 TBEA HVDC Transmission System Product and Services
7.7.4 TBEA HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 TBEA Recent Developments/Updates
7.7.6 TBEA Competitive Strengths & Weaknesses
7.8 XJ Group Corporation
7.8.1 XJ Group Corporation Details
7.8.2 XJ Group Corporation Major Business
7.8.3 XJ Group Corporation HVDC Transmission System Product and Services
7.8.4 XJ Group Corporation HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 XJ Group Corporation Recent Developments/Updates
7.8.6 XJ Group Corporation Competitive Strengths & Weaknesses
7.9 Hitachi ABB Power Grids
7.9.1 Hitachi ABB Power Grids Details
7.9.2 Hitachi ABB Power Grids Major Business
7.9.3 Hitachi ABB Power Grids HVDC Transmission System Product and Services
7.9.4 Hitachi ABB Power Grids HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 Hitachi ABB Power Grids Recent Developments/Updates
7.9.6 Hitachi ABB Power Grids Competitive Strengths & Weaknesses
7.10 Nexans
7.10.1 Nexans Details
7.10.2 Nexans Major Business
7.10.3 Nexans HVDC Transmission System Product and Services
7.10.4 Nexans HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 Nexans Recent Developments/Updates
7.10.6 Nexans Competitive Strengths & Weaknesses
7.11 Toshiba
7.11.1 Toshiba Details
7.11.2 Toshiba Major Business
7.11.3 Toshiba HVDC Transmission System Product and Services
7.11.4 Toshiba HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.11.5 Toshiba Recent Developments/Updates
7.11.6 Toshiba Competitive Strengths & Weaknesses
7.12 Mitsubishi Electric
7.12.1 Mitsubishi Electric Details
7.12.2 Mitsubishi Electric Major Business
7.12.3 Mitsubishi Electric HVDC Transmission System Product and Services
7.12.4 Mitsubishi Electric HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.12.5 Mitsubishi Electric Recent Developments/Updates
7.12.6 Mitsubishi Electric Competitive Strengths & Weaknesses
7.13 Abengoa
7.13.1 Abengoa Details
7.13.2 Abengoa Major Business
7.13.3 Abengoa HVDC Transmission System Product and Services
7.13.4 Abengoa HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.13.5 Abengoa Recent Developments/Updates
7.13.6 Abengoa Competitive Strengths & Weaknesses
7.14 Prysmian Group
7.14.1 Prysmian Group Details
7.14.2 Prysmian Group Major Business
7.14.3 Prysmian Group HVDC Transmission System Product and Services
7.14.4 Prysmian Group HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.14.5 Prysmian Group Recent Developments/Updates
7.14.6 Prysmian Group Competitive Strengths & Weaknesses
7.15 China XD Group
7.15.1 China XD Group Details
7.15.2 China XD Group Major Business
7.15.3 China XD Group HVDC Transmission System Product and Services
7.15.4 China XD Group HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.15.5 China XD Group Recent Developments/Updates
7.15.6 China XD Group Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 HVDC Transmission System Industry Chain
8.2 HVDC Transmission System Upstream Analysis
8.3 HVDC Transmission System Midstream Analysis
8.4 HVDC Transmission System Downstream Analysis

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 HVDC Transmission System Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World HVDC Transmission System Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World HVDC Transmission System Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World HVDC Transmission System Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World HVDC Transmission System Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World HVDC Transmission System Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World HVDC Transmission System Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World HVDC Transmission System Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World HVDC Transmission System Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key HVDC Transmission System Players in 2023
Table 12. World HVDC Transmission System Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global HVDC Transmission System Company Evaluation Quadrant
Table 14. Head Office of Key HVDC Transmission System Player
Table 15. HVDC Transmission System Market: Company Product Type Footprint
Table 16. HVDC Transmission System Market: Company Product Application Footprint
Table 17. HVDC Transmission System Mergers & Acquisitions Activity
Table 18. United States VS China HVDC Transmission System Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China HVDC Transmission System Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based HVDC Transmission System Companies, Headquarters (States, Country)
Table 21. United States Based Companies HVDC Transmission System Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies HVDC Transmission System Revenue Market Share (2019-2024)
Table 23. China Based HVDC Transmission System Companies, Headquarters (Province, Country)
Table 24. China Based Companies HVDC Transmission System Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies HVDC Transmission System Revenue Market Share (2019-2024)
Table 26. Rest of World Based HVDC Transmission System Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies HVDC Transmission System Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies HVDC Transmission System Revenue Market Share (2019-2024)
Table 29. World HVDC Transmission System Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World HVDC Transmission System Market Size by Type (2019-2024) & (USD Million)
Table 31. World HVDC Transmission System Market Size by Type (2025-2030) & (USD Million)
Table 32. World HVDC Transmission System Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World HVDC Transmission System Market Size by Application (2019-2024) & (USD Million)
Table 34. World HVDC Transmission System Market Size by Application (2025-2030) & (USD Million)
Table 35. ABB Basic Information, Area Served and Competitors
Table 36. ABB Major Business
Table 37. ABB HVDC Transmission System Product and Services
Table 38. ABB HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. ABB Recent Developments/Updates
Table 40. ABB Competitive Strengths & Weaknesses
Table 41. Siemens Basic Information, Area Served and Competitors
Table 42. Siemens Major Business
Table 43. Siemens HVDC Transmission System Product and Services
Table 44. Siemens HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Siemens Recent Developments/Updates
Table 46. Siemens Competitive Strengths & Weaknesses
Table 47. XD Basic Information, Area Served and Competitors
Table 48. XD Major Business
Table 49. XD HVDC Transmission System Product and Services
Table 50. XD HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. XD Recent Developments/Updates
Table 52. XD Competitive Strengths & Weaknesses
Table 53. NR Electric Basic Information, Area Served and Competitors
Table 54. NR Electric Major Business
Table 55. NR Electric HVDC Transmission System Product and Services
Table 56. NR Electric HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. NR Electric Recent Developments/Updates
Table 58. NR Electric Competitive Strengths & Weaknesses
Table 59. GE Grid Solution Basic Information, Area Served and Competitors
Table 60. GE Grid Solution Major Business
Table 61. GE Grid Solution HVDC Transmission System Product and Services
Table 62. GE Grid Solution HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. GE Grid Solution Recent Developments/Updates
Table 64. GE Grid Solution Competitive Strengths & Weaknesses
Table 65. NKT Basic Information, Area Served and Competitors
Table 66. NKT Major Business
Table 67. NKT HVDC Transmission System Product and Services
Table 68. NKT HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. NKT Recent Developments/Updates
Table 70. NKT Competitive Strengths & Weaknesses
Table 71. TBEA Basic Information, Area Served and Competitors
Table 72. TBEA Major Business
Table 73. TBEA HVDC Transmission System Product and Services
Table 74. TBEA HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. TBEA Recent Developments/Updates
Table 76. TBEA Competitive Strengths & Weaknesses
Table 77. XJ Group Corporation Basic Information, Area Served and Competitors
Table 78. XJ Group Corporation Major Business
Table 79. XJ Group Corporation HVDC Transmission System Product and Services
Table 80. XJ Group Corporation HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. XJ Group Corporation Recent Developments/Updates
Table 82. XJ Group Corporation Competitive Strengths & Weaknesses
Table 83. Hitachi ABB Power Grids Basic Information, Area Served and Competitors
Table 84. Hitachi ABB Power Grids Major Business
Table 85. Hitachi ABB Power Grids HVDC Transmission System Product and Services
Table 86. Hitachi ABB Power Grids HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. Hitachi ABB Power Grids Recent Developments/Updates
Table 88. Hitachi ABB Power Grids Competitive Strengths & Weaknesses
Table 89. Nexans Basic Information, Area Served and Competitors
Table 90. Nexans Major Business
Table 91. Nexans HVDC Transmission System Product and Services
Table 92. Nexans HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 93. Nexans Recent Developments/Updates
Table 94. Nexans Competitive Strengths & Weaknesses
Table 95. Toshiba Basic Information, Area Served and Competitors
Table 96. Toshiba Major Business
Table 97. Toshiba HVDC Transmission System Product and Services
Table 98. Toshiba HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 99. Toshiba Recent Developments/Updates
Table 100. Toshiba Competitive Strengths & Weaknesses
Table 101. Mitsubishi Electric Basic Information, Area Served and Competitors
Table 102. Mitsubishi Electric Major Business
Table 103. Mitsubishi Electric HVDC Transmission System Product and Services
Table 104. Mitsubishi Electric HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 105. Mitsubishi Electric Recent Developments/Updates
Table 106. Mitsubishi Electric Competitive Strengths & Weaknesses
Table 107. Abengoa Basic Information, Area Served and Competitors
Table 108. Abengoa Major Business
Table 109. Abengoa HVDC Transmission System Product and Services
Table 110. Abengoa HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 111. Abengoa Recent Developments/Updates
Table 112. Abengoa Competitive Strengths & Weaknesses
Table 113. Prysmian Group Basic Information, Area Served and Competitors
Table 114. Prysmian Group Major Business
Table 115. Prysmian Group HVDC Transmission System Product and Services
Table 116. Prysmian Group HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 117. Prysmian Group Recent Developments/Updates
Table 118. China XD Group Basic Information, Area Served and Competitors
Table 119. China XD Group Major Business
Table 120. China XD Group HVDC Transmission System Product and Services
Table 121. China XD Group HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 122. Global Key Players of HVDC Transmission System Upstream (Raw Materials)
Table 123. HVDC Transmission System Typical Customers
List of Figure
Figure 1. HVDC Transmission System Picture
Figure 2. World HVDC Transmission System Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World HVDC Transmission System Total Market Size (2019-2030) & (USD Million)
Figure 4. World HVDC Transmission System Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World HVDC Transmission System Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company HVDC Transmission System Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company HVDC Transmission System Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company HVDC Transmission System Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company HVDC Transmission System Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company HVDC Transmission System Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company HVDC Transmission System Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company HVDC Transmission System Revenue (2019-2030) & (USD Million)
Figure 13. HVDC Transmission System Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 16. World HVDC Transmission System Consumption Value Market Share by Region (2019-2030)
Figure 17. United States HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 18. China HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 23. India HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of HVDC Transmission System by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for HVDC Transmission System Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for HVDC Transmission System Markets in 2023
Figure 27. United States VS China: HVDC Transmission System Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: HVDC Transmission System Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World HVDC Transmission System Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World HVDC Transmission System Market Size Market Share by Type in 2023
Figure 31. Below 400 kV
Figure 32. Between 400-800 kV
Figure 33. Above 800 kV
Figure 34. World HVDC Transmission System Market Size Market Share by Type (2019-2030)
Figure 35. World HVDC Transmission System Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 36. World HVDC Transmission System Market Size Market Share by Application in 2023
Figure 37. Overhead Transmission
Figure 38. Underground Transmission
Figure 39. Subsea Transmission
Figure 40. HVDC Transmission System Industrial Chain
Figure 41. Methodology
Figure 42. Research Process and Data Source
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Research Methodology

Client Requirements

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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

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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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.

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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.

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

Validation and
triangulation of
secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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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

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

  • yuan01
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    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.

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    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.

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    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.

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    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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    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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Companies Mentioned

ABB
Siemens
XD
NR Electric
GE Grid Solution
NKT
TBEA
XJ Group Corporation
Hitachi ABB Power Grids
Nexans
Toshiba
Mitsubishi Electric
Abengoa
Prysmian Group
China XD Group
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Related Reports

Global HVDC Transmission System Market 2023 by Company, Regions, Type and Application, Forecast to 2029 xian22

Global HVDC Transmission System Market 2023 by Company, Regions, Type and Application, Forecast to 2029

date 18 Mar 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 60 Hz. This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.

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Global HVDC Transmission System Supply, Demand and Key Producers, 2024-2030

Global HVDC Transmission System Supply, Demand and Key Producers, 2024-2030

Page: 134

Published Date: 10 Feb 2024

Category: Energy & Power

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Description

The global HVDC Transmission System market size is expected to reach $ 14270 million by 2030, rising at a market growth of 6.5% CAGR during the forecast period (2024-2030).

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 17 percent.

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 60 Hz. This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.

This report studies the global HVDC Transmission System demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for HVDC Transmission System, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of HVDC Transmission System that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global HVDC Transmission System total market, 2019-2030, (USD Million)
Global HVDC Transmission System total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: HVDC Transmission System total market, key domestic companies and share, (USD Million)
Global HVDC Transmission System revenue by player and market share 2019-2024, (USD Million)
Global HVDC Transmission System total market by Type, CAGR, 2019-2030, (USD Million)
Global HVDC Transmission System total market by Application, CAGR, 2019-2030, (USD Million).

This reports profiles major players in the global HVDC Transmission System market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, XD, NR Electric, GE Grid Solution, NKT, TBEA, XJ Group Corporation and Hitachi ABB Power Grids, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World HVDC Transmission System market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global HVDC Transmission System Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global HVDC Transmission System Market, Segmentation by Type
Below 400 kV
Between 400-800 kV
Above 800 kV

Global HVDC Transmission System Market, Segmentation by Application
Overhead Transmission
Underground Transmission
Subsea Transmission

Companies Profiled:
ABB
Siemens
XD
NR Electric
GE Grid Solution
NKT
TBEA
XJ Group Corporation
Hitachi ABB Power Grids
Nexans
Toshiba
Mitsubishi Electric
Abengoa
Prysmian Group
China XD Group

Key Questions Answered
1. How big is the global HVDC Transmission System market?
2. What is the demand of the global HVDC Transmission System market?
3. What is the year over year growth of the global HVDC Transmission System market?
4. What is the total value of the global HVDC Transmission System market?
5. Who are the major players in the global HVDC Transmission System market?
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Table of Contents

1 Supply Summary
1.1 HVDC Transmission System Introduction
1.2 World HVDC Transmission System Market Size & Forecast (2019 & 2023 & 2030)
1.3 World HVDC Transmission System Total Market by Region (by Headquarter Location)
1.3.1 World HVDC Transmission System Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States HVDC Transmission System Market Size (2019-2030)
1.3.3 China HVDC Transmission System Market Size (2019-2030)
1.3.4 Europe HVDC Transmission System Market Size (2019-2030)
1.3.5 Japan HVDC Transmission System Market Size (2019-2030)
1.3.6 South Korea HVDC Transmission System Market Size (2019-2030)
1.3.7 ASEAN HVDC Transmission System Market Size (2019-2030)
1.3.8 India HVDC Transmission System Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 HVDC Transmission System Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 HVDC Transmission System Major Market Trends

2 Demand Summary
2.1 World HVDC Transmission System Consumption Value (2019-2030)
2.2 World HVDC Transmission System Consumption Value by Region
2.2.1 World HVDC Transmission System Consumption Value by Region (2019-2024)
2.2.2 World HVDC Transmission System Consumption Value Forecast by Region (2025-2030)
2.3 United States HVDC Transmission System Consumption Value (2019-2030)
2.4 China HVDC Transmission System Consumption Value (2019-2030)
2.5 Europe HVDC Transmission System Consumption Value (2019-2030)
2.6 Japan HVDC Transmission System Consumption Value (2019-2030)
2.7 South Korea HVDC Transmission System Consumption Value (2019-2030)
2.8 ASEAN HVDC Transmission System Consumption Value (2019-2030)
2.9 India HVDC Transmission System Consumption Value (2019-2030)

3 World HVDC Transmission System Companies Competitive Analysis
3.1 World HVDC Transmission System Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global HVDC Transmission System Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for HVDC Transmission System in 2023
3.2.3 Global Concentration Ratios (CR8) for HVDC Transmission System in 2023
3.3 HVDC Transmission System Company Evaluation Quadrant
3.4 HVDC Transmission System Market: Overall Company Footprint Analysis
3.4.1 HVDC Transmission System Market: Region Footprint
3.4.2 HVDC Transmission System Market: Company Product Type Footprint
3.4.3 HVDC Transmission System Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
4.1 United States VS China: HVDC Transmission System Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: HVDC Transmission System Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: HVDC Transmission System Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: HVDC Transmission System Consumption Value Comparison
4.2.1 United States VS China: HVDC Transmission System Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: HVDC Transmission System Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based HVDC Transmission System Companies and Market Share, 2019-2024
4.3.1 United States Based HVDC Transmission System Companies, Headquarters (States, Country)
4.3.2 United States Based Companies HVDC Transmission System Revenue, (2019-2024)
4.4 China Based Companies HVDC Transmission System Revenue and Market Share, 2019-2024
4.4.1 China Based HVDC Transmission System Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies HVDC Transmission System Revenue, (2019-2024)
4.5 Rest of World Based HVDC Transmission System Companies and Market Share, 2019-2024
4.5.1 Rest of World Based HVDC Transmission System Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies HVDC Transmission System Revenue, (2019-2024)

5 Market Analysis by Type
5.1 World HVDC Transmission System Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Below 400 kV
5.2.2 Between 400-800 kV
5.2.3 Above 800 kV
5.3 Market Segment by Type
5.3.1 World HVDC Transmission System Market Size by Type (2019-2024)
5.3.2 World HVDC Transmission System Market Size by Type (2025-2030)
5.3.3 World HVDC Transmission System Market Size Market Share by Type (2019-2030)

6 Market Analysis by Application
6.1 World HVDC Transmission System Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Overhead Transmission
6.2.2 Underground Transmission
6.2.3 Subsea Transmission
6.3 Market Segment by Application
6.3.1 World HVDC Transmission System Market Size by Application (2019-2024)
6.3.2 World HVDC Transmission System Market Size by Application (2025-2030)
6.3.3 World HVDC Transmission System Market Size by Application (2019-2030)

7 Company Profiles
7.1 ABB
7.1.1 ABB Details
7.1.2 ABB Major Business
7.1.3 ABB HVDC Transmission System Product and Services
7.1.4 ABB HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
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 HVDC Transmission System Product and Services
7.2.4 Siemens HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Siemens Recent Developments/Updates
7.2.6 Siemens Competitive Strengths & Weaknesses
7.3 XD
7.3.1 XD Details
7.3.2 XD Major Business
7.3.3 XD HVDC Transmission System Product and Services
7.3.4 XD HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 XD Recent Developments/Updates
7.3.6 XD Competitive Strengths & Weaknesses
7.4 NR Electric
7.4.1 NR Electric Details
7.4.2 NR Electric Major Business
7.4.3 NR Electric HVDC Transmission System Product and Services
7.4.4 NR Electric HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 NR Electric Recent Developments/Updates
7.4.6 NR Electric Competitive Strengths & Weaknesses
7.5 GE Grid Solution
7.5.1 GE Grid Solution Details
7.5.2 GE Grid Solution Major Business
7.5.3 GE Grid Solution HVDC Transmission System Product and Services
7.5.4 GE Grid Solution HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 GE Grid Solution Recent Developments/Updates
7.5.6 GE Grid Solution Competitive Strengths & Weaknesses
7.6 NKT
7.6.1 NKT Details
7.6.2 NKT Major Business
7.6.3 NKT HVDC Transmission System Product and Services
7.6.4 NKT HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 NKT Recent Developments/Updates
7.6.6 NKT Competitive Strengths & Weaknesses
7.7 TBEA
7.7.1 TBEA Details
7.7.2 TBEA Major Business
7.7.3 TBEA HVDC Transmission System Product and Services
7.7.4 TBEA HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 TBEA Recent Developments/Updates
7.7.6 TBEA Competitive Strengths & Weaknesses
7.8 XJ Group Corporation
7.8.1 XJ Group Corporation Details
7.8.2 XJ Group Corporation Major Business
7.8.3 XJ Group Corporation HVDC Transmission System Product and Services
7.8.4 XJ Group Corporation HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 XJ Group Corporation Recent Developments/Updates
7.8.6 XJ Group Corporation Competitive Strengths & Weaknesses
7.9 Hitachi ABB Power Grids
7.9.1 Hitachi ABB Power Grids Details
7.9.2 Hitachi ABB Power Grids Major Business
7.9.3 Hitachi ABB Power Grids HVDC Transmission System Product and Services
7.9.4 Hitachi ABB Power Grids HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 Hitachi ABB Power Grids Recent Developments/Updates
7.9.6 Hitachi ABB Power Grids Competitive Strengths & Weaknesses
7.10 Nexans
7.10.1 Nexans Details
7.10.2 Nexans Major Business
7.10.3 Nexans HVDC Transmission System Product and Services
7.10.4 Nexans HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 Nexans Recent Developments/Updates
7.10.6 Nexans Competitive Strengths & Weaknesses
7.11 Toshiba
7.11.1 Toshiba Details
7.11.2 Toshiba Major Business
7.11.3 Toshiba HVDC Transmission System Product and Services
7.11.4 Toshiba HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.11.5 Toshiba Recent Developments/Updates
7.11.6 Toshiba Competitive Strengths & Weaknesses
7.12 Mitsubishi Electric
7.12.1 Mitsubishi Electric Details
7.12.2 Mitsubishi Electric Major Business
7.12.3 Mitsubishi Electric HVDC Transmission System Product and Services
7.12.4 Mitsubishi Electric HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.12.5 Mitsubishi Electric Recent Developments/Updates
7.12.6 Mitsubishi Electric Competitive Strengths & Weaknesses
7.13 Abengoa
7.13.1 Abengoa Details
7.13.2 Abengoa Major Business
7.13.3 Abengoa HVDC Transmission System Product and Services
7.13.4 Abengoa HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.13.5 Abengoa Recent Developments/Updates
7.13.6 Abengoa Competitive Strengths & Weaknesses
7.14 Prysmian Group
7.14.1 Prysmian Group Details
7.14.2 Prysmian Group Major Business
7.14.3 Prysmian Group HVDC Transmission System Product and Services
7.14.4 Prysmian Group HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.14.5 Prysmian Group Recent Developments/Updates
7.14.6 Prysmian Group Competitive Strengths & Weaknesses
7.15 China XD Group
7.15.1 China XD Group Details
7.15.2 China XD Group Major Business
7.15.3 China XD Group HVDC Transmission System Product and Services
7.15.4 China XD Group HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024)
7.15.5 China XD Group Recent Developments/Updates
7.15.6 China XD Group Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 HVDC Transmission System Industry Chain
8.2 HVDC Transmission System Upstream Analysis
8.3 HVDC Transmission System Midstream Analysis
8.4 HVDC Transmission System Downstream Analysis

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 HVDC Transmission System Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World HVDC Transmission System Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World HVDC Transmission System Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World HVDC Transmission System Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World HVDC Transmission System Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World HVDC Transmission System Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World HVDC Transmission System Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World HVDC Transmission System Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World HVDC Transmission System Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key HVDC Transmission System Players in 2023
Table 12. World HVDC Transmission System Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global HVDC Transmission System Company Evaluation Quadrant
Table 14. Head Office of Key HVDC Transmission System Player
Table 15. HVDC Transmission System Market: Company Product Type Footprint
Table 16. HVDC Transmission System Market: Company Product Application Footprint
Table 17. HVDC Transmission System Mergers & Acquisitions Activity
Table 18. United States VS China HVDC Transmission System Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China HVDC Transmission System Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based HVDC Transmission System Companies, Headquarters (States, Country)
Table 21. United States Based Companies HVDC Transmission System Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies HVDC Transmission System Revenue Market Share (2019-2024)
Table 23. China Based HVDC Transmission System Companies, Headquarters (Province, Country)
Table 24. China Based Companies HVDC Transmission System Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies HVDC Transmission System Revenue Market Share (2019-2024)
Table 26. Rest of World Based HVDC Transmission System Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies HVDC Transmission System Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies HVDC Transmission System Revenue Market Share (2019-2024)
Table 29. World HVDC Transmission System Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World HVDC Transmission System Market Size by Type (2019-2024) & (USD Million)
Table 31. World HVDC Transmission System Market Size by Type (2025-2030) & (USD Million)
Table 32. World HVDC Transmission System Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World HVDC Transmission System Market Size by Application (2019-2024) & (USD Million)
Table 34. World HVDC Transmission System Market Size by Application (2025-2030) & (USD Million)
Table 35. ABB Basic Information, Area Served and Competitors
Table 36. ABB Major Business
Table 37. ABB HVDC Transmission System Product and Services
Table 38. ABB HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. ABB Recent Developments/Updates
Table 40. ABB Competitive Strengths & Weaknesses
Table 41. Siemens Basic Information, Area Served and Competitors
Table 42. Siemens Major Business
Table 43. Siemens HVDC Transmission System Product and Services
Table 44. Siemens HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Siemens Recent Developments/Updates
Table 46. Siemens Competitive Strengths & Weaknesses
Table 47. XD Basic Information, Area Served and Competitors
Table 48. XD Major Business
Table 49. XD HVDC Transmission System Product and Services
Table 50. XD HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. XD Recent Developments/Updates
Table 52. XD Competitive Strengths & Weaknesses
Table 53. NR Electric Basic Information, Area Served and Competitors
Table 54. NR Electric Major Business
Table 55. NR Electric HVDC Transmission System Product and Services
Table 56. NR Electric HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. NR Electric Recent Developments/Updates
Table 58. NR Electric Competitive Strengths & Weaknesses
Table 59. GE Grid Solution Basic Information, Area Served and Competitors
Table 60. GE Grid Solution Major Business
Table 61. GE Grid Solution HVDC Transmission System Product and Services
Table 62. GE Grid Solution HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. GE Grid Solution Recent Developments/Updates
Table 64. GE Grid Solution Competitive Strengths & Weaknesses
Table 65. NKT Basic Information, Area Served and Competitors
Table 66. NKT Major Business
Table 67. NKT HVDC Transmission System Product and Services
Table 68. NKT HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. NKT Recent Developments/Updates
Table 70. NKT Competitive Strengths & Weaknesses
Table 71. TBEA Basic Information, Area Served and Competitors
Table 72. TBEA Major Business
Table 73. TBEA HVDC Transmission System Product and Services
Table 74. TBEA HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. TBEA Recent Developments/Updates
Table 76. TBEA Competitive Strengths & Weaknesses
Table 77. XJ Group Corporation Basic Information, Area Served and Competitors
Table 78. XJ Group Corporation Major Business
Table 79. XJ Group Corporation HVDC Transmission System Product and Services
Table 80. XJ Group Corporation HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. XJ Group Corporation Recent Developments/Updates
Table 82. XJ Group Corporation Competitive Strengths & Weaknesses
Table 83. Hitachi ABB Power Grids Basic Information, Area Served and Competitors
Table 84. Hitachi ABB Power Grids Major Business
Table 85. Hitachi ABB Power Grids HVDC Transmission System Product and Services
Table 86. Hitachi ABB Power Grids HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. Hitachi ABB Power Grids Recent Developments/Updates
Table 88. Hitachi ABB Power Grids Competitive Strengths & Weaknesses
Table 89. Nexans Basic Information, Area Served and Competitors
Table 90. Nexans Major Business
Table 91. Nexans HVDC Transmission System Product and Services
Table 92. Nexans HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 93. Nexans Recent Developments/Updates
Table 94. Nexans Competitive Strengths & Weaknesses
Table 95. Toshiba Basic Information, Area Served and Competitors
Table 96. Toshiba Major Business
Table 97. Toshiba HVDC Transmission System Product and Services
Table 98. Toshiba HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 99. Toshiba Recent Developments/Updates
Table 100. Toshiba Competitive Strengths & Weaknesses
Table 101. Mitsubishi Electric Basic Information, Area Served and Competitors
Table 102. Mitsubishi Electric Major Business
Table 103. Mitsubishi Electric HVDC Transmission System Product and Services
Table 104. Mitsubishi Electric HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 105. Mitsubishi Electric Recent Developments/Updates
Table 106. Mitsubishi Electric Competitive Strengths & Weaknesses
Table 107. Abengoa Basic Information, Area Served and Competitors
Table 108. Abengoa Major Business
Table 109. Abengoa HVDC Transmission System Product and Services
Table 110. Abengoa HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 111. Abengoa Recent Developments/Updates
Table 112. Abengoa Competitive Strengths & Weaknesses
Table 113. Prysmian Group Basic Information, Area Served and Competitors
Table 114. Prysmian Group Major Business
Table 115. Prysmian Group HVDC Transmission System Product and Services
Table 116. Prysmian Group HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 117. Prysmian Group Recent Developments/Updates
Table 118. China XD Group Basic Information, Area Served and Competitors
Table 119. China XD Group Major Business
Table 120. China XD Group HVDC Transmission System Product and Services
Table 121. China XD Group HVDC Transmission System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 122. Global Key Players of HVDC Transmission System Upstream (Raw Materials)
Table 123. HVDC Transmission System Typical Customers
List of Figure
Figure 1. HVDC Transmission System Picture
Figure 2. World HVDC Transmission System Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World HVDC Transmission System Total Market Size (2019-2030) & (USD Million)
Figure 4. World HVDC Transmission System Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World HVDC Transmission System Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company HVDC Transmission System Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company HVDC Transmission System Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company HVDC Transmission System Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company HVDC Transmission System Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company HVDC Transmission System Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company HVDC Transmission System Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company HVDC Transmission System Revenue (2019-2030) & (USD Million)
Figure 13. HVDC Transmission System Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 16. World HVDC Transmission System Consumption Value Market Share by Region (2019-2030)
Figure 17. United States HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 18. China HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 23. India HVDC Transmission System Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of HVDC Transmission System by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for HVDC Transmission System Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for HVDC Transmission System Markets in 2023
Figure 27. United States VS China: HVDC Transmission System Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: HVDC Transmission System Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World HVDC Transmission System Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World HVDC Transmission System Market Size Market Share by Type in 2023
Figure 31. Below 400 kV
Figure 32. Between 400-800 kV
Figure 33. Above 800 kV
Figure 34. World HVDC Transmission System Market Size Market Share by Type (2019-2030)
Figure 35. World HVDC Transmission System Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 36. World HVDC Transmission System Market Size Market Share by Application in 2023
Figure 37. Overhead Transmission
Figure 38. Underground Transmission
Figure 39. Subsea Transmission
Figure 40. HVDC Transmission System Industrial Chain
Figure 41. Methodology
Figure 42. Research Process and Data Source
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Research Methodology

Client Requirements

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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

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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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.

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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.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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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

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    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.

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    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.

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    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.

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    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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    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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Companies Mentioned

ABB
Siemens
XD
NR Electric
GE Grid Solution
NKT
TBEA
XJ Group Corporation
Hitachi ABB Power Grids
Nexans
Toshiba
Mitsubishi Electric
Abengoa
Prysmian Group
China XD Group
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Global HVDC Transmission System Market 2023 by Company, Regions, Type and Application, Forecast to 2029

industry 18 Mar 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 60 Hz. This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.

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