Report Detail

Energy & Power Global High Voltage Direct Current (HVDC) Transmission Market 2024 by Company, Regions, Type and Application, Forecast to 2030

  • RnM4616330
  • |
  • 02 September, 2024
  • |
  • Global
  • |
  • 116 Pages
  • |
  • GIR (Global Info Research)
  • |
  • Energy & Power

HVDC Transmission 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.
According to our (Global Info Research) latest study, the global High Voltage Direct Current (HVDC) Transmission market size was valued at US$ 10070 million in 2023 and is forecast to a readjusted size of USD 15990 million by 2030 with a CAGR of 6.9% during review period.
Global key players of high voltage direct current (HVDC) transmission include Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group and GE Grid Solution, etc. Top 2 players occupy for a share about 45%. Asia-Pacific is the largest market, with a share about 62%, followed by North America and Europe. In terms of product, less than 400 KV is the largest segment, with a share over 56%. In terms of application, overhead transmission is the largest market, with a share over 74%.
This report is a detailed and comprehensive analysis for global High Voltage Direct Current (HVDC) Transmission market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global High Voltage Direct Current (HVDC) Transmission market size and forecasts, in consumption value ($ Million), 2019-2030
Global High Voltage Direct Current (HVDC) Transmission market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global High Voltage Direct Current (HVDC) Transmission market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global High Voltage Direct Current (HVDC) Transmission market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for High Voltage Direct Current (HVDC) Transmission
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global High Voltage Direct Current (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, NKT, Toshiba Energy Systems & Solutions, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
High Voltage Direct Current (HVDC) Transmission market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
High Voltage Direct Current (HVDC) Transmission market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Less than 400 KV
400-800 KV
Above 800 KV
Market segment by Application
Overhead Transmission
Underground Transmission
Subsea Transmission
Market segment by players, this report covers
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
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe High Voltage Direct Current (HVDC) Transmission product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of High Voltage Direct Current (HVDC) Transmission, with revenue, gross margin, and global market share of High Voltage Direct Current (HVDC) Transmission from 2019 to 2024.
Chapter 3, the High Voltage Direct Current (HVDC) Transmission competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and High Voltage Direct Current (HVDC) Transmission market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of High Voltage Direct Current (HVDC) Transmission.
Chapter 13, to describe High Voltage Direct Current (HVDC) Transmission research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of High Voltage Direct Current (HVDC) Transmission by Type
    • 1.3.1 Overview: Global High Voltage Direct Current (HVDC) Transmission Market Size by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Global High Voltage Direct Current (HVDC) Transmission Consumption Value Market Share by Type in 2023
    • 1.3.3 Less than 400 KV
    • 1.3.4 400-800 KV
    • 1.3.5 Above 800 KV
  • 1.4 Global High Voltage Direct Current (HVDC) Transmission Market by Application
    • 1.4.1 Overview: Global High Voltage Direct Current (HVDC) Transmission Market Size by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Overhead Transmission
    • 1.4.3 Underground Transmission
    • 1.4.4 Subsea Transmission
  • 1.5 Global High Voltage Direct Current (HVDC) Transmission Market Size & Forecast
  • 1.6 Global High Voltage Direct Current (HVDC) Transmission Market Size and Forecast by Region
    • 1.6.1 Global High Voltage Direct Current (HVDC) Transmission Market Size by Region: 2019 VS 2023 VS 2030
    • 1.6.2 Global High Voltage Direct Current (HVDC) Transmission Market Size by Region, (2019-2030)
    • 1.6.3 North America High Voltage Direct Current (HVDC) Transmission Market Size and Prospect (2019-2030)
    • 1.6.4 Europe High Voltage Direct Current (HVDC) Transmission Market Size and Prospect (2019-2030)
    • 1.6.5 Asia-Pacific High Voltage Direct Current (HVDC) Transmission Market Size and Prospect (2019-2030)
    • 1.6.6 South America High Voltage Direct Current (HVDC) Transmission Market Size and Prospect (2019-2030)
    • 1.6.7 Middle East & Africa High Voltage Direct Current (HVDC) Transmission Market Size and Prospect (2019-2030)

2 Company Profiles

  • 2.1 Hitachi ABB Power Grids
    • 2.1.1 Hitachi ABB Power Grids Details
    • 2.1.2 Hitachi ABB Power Grids Major Business
    • 2.1.3 Hitachi ABB Power Grids High Voltage Direct Current (HVDC) Transmission Product and Solutions
    • 2.1.4 Hitachi ABB Power Grids High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Hitachi ABB Power Grids Recent Developments and Future Plans
  • 2.2 Siemens
    • 2.2.1 Siemens Details
    • 2.2.2 Siemens Major Business
    • 2.2.3 Siemens High Voltage Direct Current (HVDC) Transmission Product and Solutions
    • 2.2.4 Siemens High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Siemens Recent Developments and Future Plans
  • 2.3 Prysmian Group
    • 2.3.1 Prysmian Group Details
    • 2.3.2 Prysmian Group Major Business
    • 2.3.3 Prysmian Group High Voltage Direct Current (HVDC) Transmission Product and Solutions
    • 2.3.4 Prysmian Group High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Prysmian Group Recent Developments and Future Plans
  • 2.4 XD Group
    • 2.4.1 XD Group Details
    • 2.4.2 XD Group Major Business
    • 2.4.3 XD Group High Voltage Direct Current (HVDC) Transmission Product and Solutions
    • 2.4.4 XD Group High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 XD Group Recent Developments and Future Plans
  • 2.5 GE Grid Solution
    • 2.5.1 GE Grid Solution Details
    • 2.5.2 GE Grid Solution Major Business
    • 2.5.3 GE Grid Solution High Voltage Direct Current (HVDC) Transmission Product and Solutions
    • 2.5.4 GE Grid Solution High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 GE Grid Solution Recent Developments and Future Plans
  • 2.6 TBEA
    • 2.6.1 TBEA Details
    • 2.6.2 TBEA Major Business
    • 2.6.3 TBEA High Voltage Direct Current (HVDC) Transmission Product and Solutions
    • 2.6.4 TBEA High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 TBEA Recent Developments and Future Plans
  • 2.7 Xuji Group
    • 2.7.1 Xuji Group Details
    • 2.7.2 Xuji Group Major Business
    • 2.7.3 Xuji Group High Voltage Direct Current (HVDC) Transmission Product and Solutions
    • 2.7.4 Xuji Group High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Xuji Group Recent Developments and Future Plans
  • 2.8 Nexans
    • 2.8.1 Nexans Details
    • 2.8.2 Nexans Major Business
    • 2.8.3 Nexans High Voltage Direct Current (HVDC) Transmission Product and Solutions
    • 2.8.4 Nexans High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Nexans Recent Developments and Future Plans
  • 2.9 NKT
    • 2.9.1 NKT Details
    • 2.9.2 NKT Major Business
    • 2.9.3 NKT High Voltage Direct Current (HVDC) Transmission Product and Solutions
    • 2.9.4 NKT High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 NKT Recent Developments and Future Plans
  • 2.10 Toshiba Energy Systems & Solutions
    • 2.10.1 Toshiba Energy Systems & Solutions Details
    • 2.10.2 Toshiba Energy Systems & Solutions Major Business
    • 2.10.3 Toshiba Energy Systems & Solutions High Voltage Direct Current (HVDC) Transmission Product and Solutions
    • 2.10.4 Toshiba Energy Systems & Solutions High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Toshiba Energy Systems & Solutions Recent Developments and Future Plans
  • 2.11 Mitsubishi Electric
    • 2.11.1 Mitsubishi Electric Details
    • 2.11.2 Mitsubishi Electric Major Business
    • 2.11.3 Mitsubishi Electric High Voltage Direct Current (HVDC) Transmission Product and Solutions
    • 2.11.4 Mitsubishi Electric High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Mitsubishi Electric Recent Developments and Future Plans
  • 2.12 NR Electric
    • 2.12.1 NR Electric Details
    • 2.12.2 NR Electric Major Business
    • 2.12.3 NR Electric High Voltage Direct Current (HVDC) Transmission Product and Solutions
    • 2.12.4 NR Electric High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 NR Electric Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global High Voltage Direct Current (HVDC) Transmission Revenue and Share by Players (2019-2024)
  • 3.2 Market Share Analysis (2023)
    • 3.2.1 Market Share of High Voltage Direct Current (HVDC) Transmission by Company Revenue
    • 3.2.2 Top 3 High Voltage Direct Current (HVDC) Transmission Players Market Share in 2023
    • 3.2.3 Top 6 High Voltage Direct Current (HVDC) Transmission Players Market Share in 2023
  • 3.3 High Voltage Direct Current (HVDC) Transmission Market: Overall Company Footprint Analysis
    • 3.3.1 High Voltage Direct Current (HVDC) Transmission Market: Region Footprint
    • 3.3.2 High Voltage Direct Current (HVDC) Transmission Market: Company Product Type Footprint
    • 3.3.3 High Voltage Direct Current (HVDC) Transmission Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global High Voltage Direct Current (HVDC) Transmission Consumption Value and Market Share by Type (2019-2024)
  • 4.2 Global High Voltage Direct Current (HVDC) Transmission Market Forecast by Type (2025-2030)

5 Market Size Segment by Application

  • 5.1 Global High Voltage Direct Current (HVDC) Transmission Consumption Value Market Share by Application (2019-2024)
  • 5.2 Global High Voltage Direct Current (HVDC) Transmission Market Forecast by Application (2025-2030)

6 North America

  • 6.1 North America High Voltage Direct Current (HVDC) Transmission Consumption Value by Type (2019-2030)
  • 6.2 North America High Voltage Direct Current (HVDC) Transmission Market Size by Application (2019-2030)
  • 6.3 North America High Voltage Direct Current (HVDC) Transmission Market Size by Country
    • 6.3.1 North America High Voltage Direct Current (HVDC) Transmission Consumption Value by Country (2019-2030)
    • 6.3.2 United States High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)
    • 6.3.3 Canada High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)
    • 6.3.4 Mexico High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)

7 Europe

  • 7.1 Europe High Voltage Direct Current (HVDC) Transmission Consumption Value by Type (2019-2030)
  • 7.2 Europe High Voltage Direct Current (HVDC) Transmission Consumption Value by Application (2019-2030)
  • 7.3 Europe High Voltage Direct Current (HVDC) Transmission Market Size by Country
    • 7.3.1 Europe High Voltage Direct Current (HVDC) Transmission Consumption Value by Country (2019-2030)
    • 7.3.2 Germany High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)
    • 7.3.3 France High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)
    • 7.3.4 United Kingdom High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)
    • 7.3.5 Russia High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)
    • 7.3.6 Italy High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)

8 Asia-Pacific

  • 8.1 Asia-Pacific High Voltage Direct Current (HVDC) Transmission Consumption Value by Type (2019-2030)
  • 8.2 Asia-Pacific High Voltage Direct Current (HVDC) Transmission Consumption Value by Application (2019-2030)
  • 8.3 Asia-Pacific High Voltage Direct Current (HVDC) Transmission Market Size by Region
    • 8.3.1 Asia-Pacific High Voltage Direct Current (HVDC) Transmission Consumption Value by Region (2019-2030)
    • 8.3.2 China High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)
    • 8.3.3 Japan High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)
    • 8.3.4 South Korea High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)
    • 8.3.5 India High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)
    • 8.3.6 Southeast Asia High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)
    • 8.3.7 Australia High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)

9 South America

  • 9.1 South America High Voltage Direct Current (HVDC) Transmission Consumption Value by Type (2019-2030)
  • 9.2 South America High Voltage Direct Current (HVDC) Transmission Consumption Value by Application (2019-2030)
  • 9.3 South America High Voltage Direct Current (HVDC) Transmission Market Size by Country
    • 9.3.1 South America High Voltage Direct Current (HVDC) Transmission Consumption Value by Country (2019-2030)
    • 9.3.2 Brazil High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)
    • 9.3.3 Argentina High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)

10 Middle East & Africa

  • 10.1 Middle East & Africa High Voltage Direct Current (HVDC) Transmission Consumption Value by Type (2019-2030)
  • 10.2 Middle East & Africa High Voltage Direct Current (HVDC) Transmission Consumption Value by Application (2019-2030)
  • 10.3 Middle East & Africa High Voltage Direct Current (HVDC) Transmission Market Size by Country
    • 10.3.1 Middle East & Africa High Voltage Direct Current (HVDC) Transmission Consumption Value by Country (2019-2030)
    • 10.3.2 Turkey High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)
    • 10.3.3 Saudi Arabia High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)
    • 10.3.4 UAE High Voltage Direct Current (HVDC) Transmission Market Size and Forecast (2019-2030)

11 Market Dynamics

  • 11.1 High Voltage Direct Current (HVDC) Transmission Market Drivers
  • 11.2 High Voltage Direct Current (HVDC) Transmission Market Restraints
  • 11.3 High Voltage Direct Current (HVDC) Transmission Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 High Voltage Direct Current (HVDC) Transmission Industry Chain
  • 12.2 High Voltage Direct Current (HVDC) Transmission Upstream Analysis
  • 12.3 High Voltage Direct Current (HVDC) Transmission Midstream Analysis
  • 12.4 High Voltage Direct Current (HVDC) Transmission Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on High Voltage Direct Current (HVDC) Transmission. Industry analysis & Market Report on High Voltage Direct Current (HVDC) Transmission is a syndicated market report, published as Global High Voltage Direct Current (HVDC) Transmission Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of High Voltage Direct Current (HVDC) Transmission market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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