Global VSC–HVDC Transmission Production, Demand and Key Producers, 2022-2028

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Published Date: 21 Sep 2022

Category: Energy & Power

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Product Tags

Description

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

This report is a detailed and comprehensive analysis of the world market for VSC–HVDC Transmission, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2021 as the base year. This report explores demand trends and competition, as well as details the characteristics of VSC–HVDC Transmission that contribute to its increasing demand across many markets.

The global VSC–HVDC Transmission market size is expected to reach $ million by 2028, rising at a market growth of % CAGR during the forecast period (2022-2028).

Highlights and key features of the study
Global VSC–HVDC Transmission total market, 2017-2028, (USD Million)
Global VSC–HVDC Transmission total market by region & country, CAGR, 2017-2028, (USD Million)
U.S. VS China: VSC–HVDC Transmission total market, key domestic companies and share, (USD Million)
Global VSC–HVDC Transmission revenue by player and market share 2017-2022, (USD Million)
Global VSC–HVDC Transmission total market by Type, CAGR, 2017-2028, (USD Million)
Global VSC–HVDC Transmission total market by Application, CAGR, 2017-2028, (USD Million)
This reports profiles major players in the global VSC–HVDC Transmission 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 Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group, GE Grid Solution, TBEA, Xuji Group, Nexans and NKT, 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 VSC–HVDC Transmission 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 2017-2028 by year with 2021 as the base year, 2022 as the estimate year, and 2028 as the forecast year.

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

Global VSC–HVDC Transmission Market, Segmentation by Type
    Less than 400 KV
    400-800 KV
    Above 800 KV

Global VSC–HVDC Transmission Market, Segmentation by Application
    Subsea Transmission
    Underground Transmission
    Overhead Transmission

Companies Profiled:
    Hitachi ABB Power Grids
    Siemens
    Prysmian Group
    XD Group
    GE Grid Solution
    TBEA
    Xuji Group
    Nexans
    NKT
    Toshiba Energy Systems & Solutions
    Mitsubishi Electric
    NR Electric

Key Questions Answered
1. How big is the global VSC–HVDC Transmission market?
2. What is the demand of the global VSC–HVDC Transmission market?
3. What is the year over year growth of the global VSC–HVDC Transmission market?
4. What is the total value of the global VSC–HVDC Transmission market?
5. Who are the major players in the global VSC–HVDC Transmission market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 VSC–HVDC Transmission Introduction
    1.2 World VSC–HVDC Transmission Market Size & Forecast (2017 & 2021 & 2028)
    1.3 World VSC–HVDC Transmission Total Market by Region
        1.3.1 World VSC–HVDC Transmission Market Size by Region (2017-2028)
        1.3.2 United States VSC–HVDC Transmission Market Size (2017-2028)
        1.3.3 China VSC–HVDC Transmission Market Size (2017-2028)
        1.3.4 Europe VSC–HVDC Transmission Market Size (2017-2028)
        1.3.5 Japan VSC–HVDC Transmission Market Size (2017-2028)
        1.3.6 South Korea VSC–HVDC Transmission Market Size (2017-2028)
        1.3.7 ASEAN VSC–HVDC Transmission Market Size (2017-2028)
        1.3.8 India VSC–HVDC Transmission Market Size (2017-2028)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 VSC–HVDC Transmission Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 VSC–HVDC Transmission 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 World VSC–HVDC Transmission Companies Competitive Analysis
    2.1 World VSC–HVDC Transmission Revenue by Player (2017-2022)
    2.2 Industry Rank and Concentration Rate (CR)
        2.2.1 Global VSC–HVDC Transmission Industry Rank of Major Players
        2.2.2 Global Concentration Ratios (CR4) for VSC–HVDC Transmission in 2021
        2.2.3 Global Concentration Ratios (CR8) for VSC–HVDC Transmission in 2021
    2.3 VSC–HVDC Transmission Company Evaluation Quadrant
    2.4 VSC–HVDC Transmission Market: Overall Company Footprint Analysis
        2.4.1 VSC–HVDC Transmission Market: Region Footprint
        2.4.2 VSC–HVDC Transmission Market: Company Product Type Footprint
        2.4.3 VSC–HVDC Transmission Market: Company Product Application Footprint
    2.5 Competitive Environment
        2.5.1 Historical Structure of the Industry
        2.5.2 Barriers of Market Entry
        2.5.3 Factors of Competition
    2.6 Mergers, Acquisitions Activity

3 United States VS China VS Rest of the World
    3.1 United States VS China: VSC–HVDC Transmission Market Comparison
        3.1.1 United States VS China: VSC–HVDC Transmission Market Size Comparison (2017 & 2021 & 2028)
        3.1.2 United States VS China: VSC–HVDC Transmission Market Size Market Share Comparison (2017 & 2021 & 2028)
    3.2 United States VSC–HVDC Transmission Major Players and Market Share, 2017-2022
        3.2.1 Major Players of VSC–HVDC Transmission in United States, Headquarters (States, Country)
        3.2.2 United States VSC–HVDC Transmission Revenue by Domestic Player, (2017-2022)
    3.3 China VSC–HVDC Transmission Major Players and Market Share, 2017-2022
        3.3.1 Major Players of VSC–HVDC Transmission in China, Headquarters (Province, Country)
        3.3.2 China VSC–HVDC Transmission Revenue by Domestic Player, (2017-2022)
    3.4 Rest of World VSC–HVDC Transmission Major Players and Market Share, 2017-2022
        3.4.1 Major Players of VSC–HVDC Transmission in Rest of World, Headquarters (State, Country)
        3.4.2 Rest of World VSC–HVDC Transmission Revenue by Domestic Player, (2017-2022)

4 Market Analysis by Type
    4.1 World VSC–HVDC Transmission Market Size Overview by Type: 2017 VS 2021 VS 2028
    4.2 Segment Introduction by Type
        4.2.1 Less than 400 KV
        4.2.2 400-800 KV
        4.2.3 Above 800 KV
    4.3 Market Segment by Type
        4.3.1 World VSC–HVDC Transmission Market Size by Type (2017-2022)
        4.3.2 World VSC–HVDC Transmission Market Size by Type (2023-2028)
        4.3.3 World VSC–HVDC Transmission Market Size Market Share by Type (2017-2028)

5 Market Analysis by Application
    5.1 World VSC–HVDC Transmission Market Size Overview by Application: 2017 VS 2021 VS 2028
    5.2 Segment Introduction by Application
        5.2.1 Subsea Transmission
        5.2.2 Underground Transmission
        5.2.3 Overhead Transmission
    5.3 Market Segment by Application
        5.3.1 World VSC–HVDC Transmission Market Size by Application (2017-2022)
        5.3.2 World VSC–HVDC Transmission Market Size by Application (2023-2028)
        5.3.3 World VSC–HVDC Transmission Market Size by Application (2017-2028)

6 Company Profiles
    6.1 Hitachi ABB Power Grids
        6.1.1 Hitachi ABB Power Grids Details
        6.1.2 Hitachi ABB Power Grids Major Business
        6.1.3 Hitachi ABB Power Grids VSC–HVDC Transmission Product and Services
        6.1.4 Hitachi ABB Power Grids VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022)
        6.1.5 Hitachi ABB Power Grids Recent Developments/Updates
        6.1.6 Hitachi ABB Power Grids Competitive Strengths & Weaknesses
    6.2 Siemens
        6.2.1 Siemens Details
        6.2.2 Siemens Major Business
        6.2.3 Siemens VSC–HVDC Transmission Product and Services
        6.2.4 Siemens VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022)
        6.2.5 Siemens Recent Developments/Updates
        6.2.6 Siemens Competitive Strengths & Weaknesses
    6.3 Prysmian Group
        6.3.1 Prysmian Group Details
        6.3.2 Prysmian Group Major Business
        6.3.3 Prysmian Group VSC–HVDC Transmission Product and Services
        6.3.4 Prysmian Group VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022)
        6.3.5 Prysmian Group Recent Developments/Updates
        6.3.6 Prysmian Group Competitive Strengths & Weaknesses
    6.4 XD Group
        6.4.1 XD Group Details
        6.4.2 XD Group Major Business
        6.4.3 XD Group VSC–HVDC Transmission Product and Services
        6.4.4 XD Group VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022)
        6.4.5 XD Group Recent Developments/Updates
        6.4.6 XD Group Competitive Strengths & Weaknesses
    6.5 GE Grid Solution
        6.5.1 GE Grid Solution Details
        6.5.2 GE Grid Solution Major Business
        6.5.3 GE Grid Solution VSC–HVDC Transmission Product and Services
        6.5.4 GE Grid Solution VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022)
        6.5.5 GE Grid Solution Recent Developments/Updates
        6.5.6 GE Grid Solution Competitive Strengths & Weaknesses
    6.6 TBEA
        6.6.1 TBEA Details
        6.6.2 TBEA Major Business
        6.6.3 TBEA VSC–HVDC Transmission Product and Services
        6.6.4 TBEA VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022)
        6.6.5 TBEA Recent Developments/Updates
        6.6.6 TBEA Competitive Strengths & Weaknesses
    6.7 Xuji Group
        6.7.1 Xuji Group Details
        6.7.2 Xuji Group Major Business
        6.7.3 Xuji Group VSC–HVDC Transmission Product and Services
        6.7.4 Xuji Group VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022)
        6.7.5 Xuji Group Recent Developments/Updates
        6.7.6 Xuji Group Competitive Strengths & Weaknesses
    6.8 Nexans
        6.8.1 Nexans Details
        6.8.2 Nexans Major Business
        6.8.3 Nexans VSC–HVDC Transmission Product and Services
        6.8.4 Nexans VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022)
        6.8.5 Nexans Recent Developments/Updates
        6.8.6 Nexans Competitive Strengths & Weaknesses
    6.9 NKT
        6.9.1 NKT Details
        6.9.2 NKT Major Business
        6.9.3 NKT VSC–HVDC Transmission Product and Services
        6.9.4 NKT VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022)
        6.9.5 NKT Recent Developments/Updates
        6.9.6 NKT Competitive Strengths & Weaknesses
    6.10 Toshiba Energy Systems & Solutions
        6.10.1 Toshiba Energy Systems & Solutions Details
        6.10.2 Toshiba Energy Systems & Solutions Major Business
        6.10.3 Toshiba Energy Systems & Solutions VSC–HVDC Transmission Product and Services
        6.10.4 Toshiba Energy Systems & Solutions VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022)
        6.10.5 Toshiba Energy Systems & Solutions Recent Developments/Updates
        6.10.6 Toshiba Energy Systems & Solutions Competitive Strengths & Weaknesses
    6.11 Mitsubishi Electric
        6.11.1 Mitsubishi Electric Details
        6.11.2 Mitsubishi Electric Major Business
        6.11.3 Mitsubishi Electric VSC–HVDC Transmission Product and Services
        6.11.4 Mitsubishi Electric VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022)
        6.11.5 Mitsubishi Electric Recent Developments/Updates
        6.11.6 Mitsubishi Electric Competitive Strengths & Weaknesses
    6.12 NR Electric
        6.12.1 NR Electric Details
        6.12.2 NR Electric Major Business
        6.12.3 NR Electric VSC–HVDC Transmission Product and Services
        6.12.4 NR Electric VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022)
        6.12.5 NR Electric Recent Developments/Updates
        6.12.6 NR Electric Competitive Strengths & Weaknesses

7 Raw Material and Industry Chain
    7.1 Raw Material of VSC–HVDC Transmission and Key Manufacturers
    7.2 VSC–HVDC Transmission Manufacturing Costs
    7.3 VSC–HVDC Transmission Production Process
    7.4 VSC–HVDC Transmission Industrial Chain

8 Distribution Channel Analysis
    8.1 Distribution Channel Breakdown for VSC–HVDC Transmission Shipments (%): 2017-2028
        8.1.1 Direct Channel
        8.1.2 Indirect Channel
    8.2 VSC–HVDC Transmission Typical Distributors
    8.3 VSC–HVDC Transmission Typical Customers

9 Research Findings and Conclusion

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

Table of Figures

List of Tables
    Table 1. World VSC–HVDC Transmission Market Size by Region (2017, 2022 and 2028) & (USD Million)
    Table 2. World VSC–HVDC Transmission Market Size by Region (2017-2022) & (USD Million)
    Table 3. World VSC–HVDC Transmission Market Size by Region (2023-2028) & (USD Million)
    Table 4. World VSC–HVDC Transmission Market Size Market Share by Region (2017-2022)
    Table 5. World VSC–HVDC Transmission Market Size Market Share by Region (2023-2028)
    Table 6. Major Market Trends
    Table 7. World VSC–HVDC Transmission Revenue by Player (2017-2022) & (USD Million)
    Table 8. Revenue Market Share of Key VSC–HVDC Transmission Players in 2021
    Table 9. World VSC–HVDC Transmission Industry Rank of Major Player, Based on Revenue in 2021
    Table 10. Global VSC–HVDC Transmission Company Evaluation Quadrant
    Table 11. Head Office of Key VSC–HVDC Transmission Player
    Table 12. VSC–HVDC Transmission Market: Company Product Type Footprint
    Table 13. VSC–HVDC Transmission Market: Company Product Application Footprint
    Table 14. VSC–HVDC Transmission Mergers & Acquisitions Activity
    Table 15. United States VS China VSC–HVDC Transmission Market Size Comparison, (2017 & 2021 & 2028) & (USD Million)
    Table 16. Major Player of VSC–HVDC Transmission in United States, Headquarters (States, Country)
    Table 17. United States VSC–HVDC Transmission Revenue by Domestic Player, (2017-2022) & (USD Million)
    Table 18. United States VSC–HVDC Transmission Revenue Market Share by Domestic Player, (2017-2022)
    Table 19. Major Player of VSC–HVDC Transmission in China, Company Headquarters (Province, Country)
    Table 20. China VSC–HVDC Transmission Revenue by Domestic Player, (2017-2022) & (USD Million)
    Table 21. China VSC–HVDC Transmission Revenue Market Share by Domestic Player, (2017-2022)
    Table 22. Major Player of VSC–HVDC Transmission in Rest of World, Company Headquarters (State, Country)
    Table 23. Rest of World VSC–HVDC Transmission Revenue by Domestic Player, (2017-2022) & (USD Million)
    Table 24. Rest of World VSC–HVDC Transmission Revenue Market Share by Domestic Player, (2017-2022)
    Table 25. World VSC–HVDC Transmission Revenue by Type, (USD Million), 2017 & 2021 & 2028
    Table 26. World VSC–HVDC Transmission Revenue by Type (2017-2022) & (USD Million)
    Table 27. World VSC–HVDC Transmission Revenue by Type (2023-2028) & (USD Million)
    Table 28. World VSC–HVDC Transmission Revenue by Application, (USD Million), 2017 & 2021 & 2028
    Table 29. World VSC–HVDC Transmission Revenue by Application (2017-2022) & (USD Million)
    Table 30. World VSC–HVDC Transmission Revenue by Application (2023-2028) & (USD Million)
    Table 31. Hitachi ABB Power Grids Basic Information, Manufacturing Base and Competitors
    Table 32. Hitachi ABB Power Grids Major Business
    Table 33. Hitachi ABB Power Grids VSC–HVDC Transmission Product and Services
    Table 34. Hitachi ABB Power Grids VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 35. Hitachi ABB Power Grids Recent Developments/Updates
    Table 36. Hitachi ABB Power Grids Competitive Strengths & Weaknesses
    Table 37. Siemens Basic Information, Manufacturing Base and Competitors
    Table 38. Siemens Major Business
    Table 39. Siemens VSC–HVDC Transmission Product and Services
    Table 40. Siemens VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 41. Siemens Recent Developments/Updates
    Table 42. Siemens Competitive Strengths & Weaknesses
    Table 43. Prysmian Group Basic Information, Manufacturing Base and Competitors
    Table 44. Prysmian Group Major Business
    Table 45. Prysmian Group VSC–HVDC Transmission Product and Services
    Table 46. Prysmian Group VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 47. Prysmian Group Recent Developments/Updates
    Table 48. Prysmian Group Competitive Strengths & Weaknesses
    Table 49. XD Group Basic Information, Manufacturing Base and Competitors
    Table 50. XD Group Major Business
    Table 51. XD Group VSC–HVDC Transmission Product and Services
    Table 52. XD Group VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 53. XD Group Recent Developments/Updates
    Table 54. XD Group Competitive Strengths & Weaknesses
    Table 55. GE Grid Solution Basic Information, Manufacturing Base and Competitors
    Table 56. GE Grid Solution Major Business
    Table 57. GE Grid Solution VSC–HVDC Transmission Product and Services
    Table 58. GE Grid Solution VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 59. GE Grid Solution Recent Developments/Updates
    Table 60. GE Grid Solution Competitive Strengths & Weaknesses
    Table 61. TBEA Basic Information, Manufacturing Base and Competitors
    Table 62. TBEA Major Business
    Table 63. TBEA VSC–HVDC Transmission Product and Services
    Table 64. TBEA VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 65. TBEA Recent Developments/Updates
    Table 66. TBEA Competitive Strengths & Weaknesses
    Table 67. Xuji Group Basic Information, Manufacturing Base and Competitors
    Table 68. Xuji Group Major Business
    Table 69. Xuji Group VSC–HVDC Transmission Product and Services
    Table 70. Xuji Group VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 71. Xuji Group Recent Developments/Updates
    Table 72. Xuji Group Competitive Strengths & Weaknesses
    Table 73. Nexans Basic Information, Manufacturing Base and Competitors
    Table 74. Nexans Major Business
    Table 75. Nexans VSC–HVDC Transmission Product and Services
    Table 76. Nexans VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 77. Nexans Recent Developments/Updates
    Table 78. Nexans Competitive Strengths & Weaknesses
    Table 79. NKT Basic Information, Manufacturing Base and Competitors
    Table 80. NKT Major Business
    Table 81. NKT VSC–HVDC Transmission Product and Services
    Table 82. NKT VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 83. NKT Recent Developments/Updates
    Table 84. NKT Competitive Strengths & Weaknesses
    Table 85. Toshiba Energy Systems & Solutions Basic Information, Manufacturing Base and Competitors
    Table 86. Toshiba Energy Systems & Solutions Major Business
    Table 87. Toshiba Energy Systems & Solutions VSC–HVDC Transmission Product and Services
    Table 88. Toshiba Energy Systems & Solutions VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 89. Toshiba Energy Systems & Solutions Recent Developments/Updates
    Table 90. Toshiba Energy Systems & Solutions Competitive Strengths & Weaknesses
    Table 91. Mitsubishi Electric Basic Information, Manufacturing Base and Competitors
    Table 92. Mitsubishi Electric Major Business
    Table 93. Mitsubishi Electric VSC–HVDC Transmission Product and Services
    Table 94. Mitsubishi Electric VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 95. Mitsubishi Electric Recent Developments/Updates
    Table 96. NR Electric Basic Information, Manufacturing Base and Competitors
    Table 97. NR Electric Major Business
    Table 98. NR Electric VSC–HVDC Transmission Product and Services
    Table 99. NR Electric VSC–HVDC Transmission Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 100. VSC–HVDC Transmission Raw Material
    Table 101. Key Manufacturers of VSC–HVDC Transmission Raw Materials
    Table 102. VSC–HVDC Transmission Typical Distributors
    Table 103. VSC–HVDC Transmission Typical Customers
List of Figure
    Figure 1. VSC–HVDC Transmission Picture
    Figure 2. World VSC–HVDC Transmission Total Market Size: 2017 & 2021 & 2028, (USD Million)
    Figure 3. World VSC–HVDC Transmission Total Market Size (2017-2028) & (USD Million)
    Figure 4. World VSC–HVDC Transmission Market Size Market Share by Region (2017-2028)
    Figure 5. United States VSC–HVDC Transmission Market Size (2017-2028) & (USD Million)
    Figure 6. China VSC–HVDC Transmission Market Size (2017-2028) & (USD Million)
    Figure 7. Europe VSC–HVDC Transmission Market Size (2017-2028) & (USD Million)
    Figure 8. Japan VSC–HVDC Transmission Market Size (2017-2028) & (USD Million)
    Figure 9. South Korea VSC–HVDC Transmission Market Size (2017-2028) & (USD Million)
    Figure 10. ASEAN VSC–HVDC Transmission Market Size (2017-2028) & (USD Million)
    Figure 11. India VSC–HVDC Transmission Market Size (2017-2028) & (USD Million)
    Figure 12. VSC–HVDC Transmission Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. Producer Shipments of VSC–HVDC Transmission by Player Revenue ($MM) and Market Share (%): 2021
    Figure 15. Global Four-firm Concentration Ratios (CR4) for VSC–HVDC Transmission Markets in 2021
    Figure 16. Global Four-firm Concentration Ratios (CR8) for VSC–HVDC Transmission Markets in 2021
    Figure 17. United States VS China: VSC–HVDC Transmission Market Size Market Share Comparison (2017 & 2021 & 2028)
    Figure 18. World VSC–HVDC Transmission Market Size by Type, (USD Million), 2017 & 2021 & 2028
    Figure 19. World VSC–HVDC Transmission Market Size Market Share by Type in 2021
    Figure 20. Less than 400 KV
    Figure 21. 400-800 KV
    Figure 22. Above 800 KV
    Figure 23. World VSC–HVDC Transmission Market Size Market Share by Type (2017-2028)
    Figure 24. World VSC–HVDC Transmission Market Size by Application, (USD Million), 2017 & 2021 & 2028
    Figure 25. World VSC–HVDC Transmission Market Size Market Share by Application in 2021
    Figure 26. Subsea Transmission
    Figure 27. Underground Transmission
    Figure 28. Overhead Transmission
    Figure 29. World VSC–HVDC Transmission Market Size Market Share by Application (2017-2028)
    Figure 30. Manufacturing Cost Structure Analysis of VSC–HVDC Transmission in 2021
    Figure 31. Manufacturing Process Analysis of VSC–HVDC Transmission
    Figure 32. VSC–HVDC Transmission Industrial Chain
    Figure 33. Distribution Channel Breakdown for VSC–HVDC Transmission Shipments (%): 2017-2028
    Figure 34. Direct Channel Pros & Cons
    Figure 35. Indirect Channel Pros & Cons
    Figure 36. Methodology
    Figure 37. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

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

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

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

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

Data Source

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

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

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

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.
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.
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.
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.
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.

Companies Mentioned

Hitachi ABB Power Grids
Siemens
Prysmian Group
XD Group
GE Grid Solution
TBEA
Xuji Group
Nexans
NKT
Toshiba Energy Systems & Solutions
Mitsubishi Electric
NR Electric

Product Tags

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