HVDC Transmission Market By Technology ( Voltage Source Converter (VSC) Based, UHVDC, Line Commutated Converter (LCC) Based (Thyristor Based), Capacitor Commutated Converter (CCC) Based ), By Project Type ( Point-to-Point Transmission, Back-to-Back Stations, Multi-Terminal Systems ), By Application ( Underground Power Transmission, Asynchronous Grid Interconnection, Off-Shore Power Transmission ), Industry Trends, Estimation & Forecast, 2017-2025

March 2018

 Pages: 164

 ERC 6965


HVDC Transmission Market is expected to grow with a CAGR of XX% during the forecast period of 2018 to 2025.

HVDC transmission is a system which is highly efficient in transferring a bulk amount of electricity, without any significant losses. The most revered advantage of HVDC transmission is that distinct AC networks that are not compatible with each other can be connected using it. Moreover, this systems is highly beneficial as it helps in saving both land and money. The high adoption of HVDC system in order to transmit more electric power for longer distance is driving the growth of very market.

Developing countries, especially in the APAC region such as India and China are expected to exhibit considerable application of HVDC transmission. This is because of the constantly rising demand for electricity and increasing need for replacing old power infrastructure with a new one. Moreover, increasing concerns regarding carbon emissions and power safety are acting as a propelling agent for the market growth.

The report provides detailed qualitative and quantitative analysis of the HVDC transmission market. Market size and forecast in terms of value and volume has been provided for the period - (2017 - 2025), for the segments namely technology, project technology, application, and geography.

HVDC Transmission Market Player Analysis -

The report presents detailed analysis of major players operating in HVDC transmission Market. Few of the include ABB Ltd., Siemens AG, General Electric, Toshiba Corporation, Mitsubishi Electric Corporation, Nexans SA, NKT A/S, Hitachi Ltd., Schneider Electric, NR Electric Co., Ltd., Prysmian Group, and C-EPRI Electric Power Engineering Co., Ltd. Detailed coverage on these market players with information on their revenue from HVDC transmission business, market share, gross margin and their growth strategies have been provided in the report.

Market Segmentation

HVDC transmission market is segmented on the basis of technology, project type, application and geography. By technology, the market is segmented into voltage source converter (VSC) based, UHVDC, Capacitor Commutated Converter (CCC) Based and Line Commutated Converter (LCC) Based (Thyristor Based). On the basis of project type, the market is categorized as Back-to-Back Stations, Point-To-Point Transmission, and Multi-Terminal Systems. By application, the market is segmented as Asynchronous Grid Interconnection, Off-Shore Power Transmission and Underground Power Transmission. Geographically, the market is categorized as Americas, Europe, Asia Pacific and Rest of the World.

HVDC Transmission Market Segmentation

By Technology
   • Voltage Source Converter (VSC) Based
   • UHVDC
   • Line Commutated Converter (LCC) Based (Thyristor Based)
   • Capacitor Commutated Converter (CCC) Based

By Project Type
   • Point-to-Point Transmission
   • Back-to-Back Stations
   • Multi-Terminal Systems

By Application
   • Underground Power Transmission
   • Asynchronous Grid Interconnection
   • Off-Shore Power Transmission

By Geography
   • Americas
   • Europe
   • Asia Pacific
   • Rest of the World

HVDC Transmission Market Key Players

• General Electric
• ABB Ltd.
• Toshiba Corporation
• Siemens AG
• Nexans SA
• Mitsubishi Electric Corporation
• Schneider Electric
• Hitachi Ltd.
• Prysmian Group
• NR Electric Co., Ltd.
• C-EPRI Electric Power Engineering Co., Ltd

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    What Information does this report contain?

    • What was the market size of the HVDC Transmission Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions, and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the HVDC Transmission Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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