Report Detail
Global HVDC Converter Station Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
- RnM2880145 |
- 17 April, 2023 |
- Global |
- 70 Pages |
- GIR (Global Info Research) |
- Machinery & Equipment
An HVDC converter station (or simply converter station) is a specialised type of substation which forms the terminal equipment for a high-voltage direct current (HVDC) transmission line. It converts direct current to alternating current or the reverse.
According to our (Global Info Research) latest study, the global HVDC Converter Station market size was valued at USD 9142.7 million in 2022 and is forecast to a readjusted size of USD 13770 million by 2029 with a CAGR of 6.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global HVDC Converter Station key players include ABB, Siemens, GE & Alstom Energy, BHEL, Orano etc. Global top five manufacturers hold a share over 80%.
Europe is the largest market, with a share over 40%, followed by North America and Japan, both have a share over 30% percent.
In terms of product, 1001MW-2000MW is the largest segment, with a share over 15%. And in terms of application, the largest application is Interconnecting Networks followed by Underground Power links.
This report is a detailed and comprehensive analysis for global HVDC Converter Station market. Both quantitative and qualitative analyses are presented by manufacturers, 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 2023, are provided.
Key Features:
Global HVDC Converter Station market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global HVDC Converter Station market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global HVDC Converter Station market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global HVDC Converter Station market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
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 HVDC Converter Station
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 HVDC Converter Station market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, GE & Alstom Energy, BHEL and Orano, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
HVDC Converter Station 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 in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
0-500MW
501MW-999MW
1000MW-2000MW
2000+ MW
Market segment by Application
Underground Power links
Powering Island and Remote Loads
Connecting Wind Farms
Interconnecting Networks
Oil & Gas Platforms
Major players covered
ABB
Siemens
GE & Alstom Energy
BHEL
Orano
Hitachi
Toshiba
Mitsubishi
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe HVDC Converter Station product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of HVDC Converter Station, with price, sales, revenue and global market share of HVDC Converter Station from 2018 to 2023.
Chapter 3, the HVDC Converter Station competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the HVDC Converter Station breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and HVDC Converter Station market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of HVDC Converter Station.
Chapter 14 and 15, to describe HVDC Converter Station sales channel, distributors, customers, research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope of HVDC Converter Station
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global HVDC Converter Station Consumption Value by Type: 2018 Versus 2022 Versus 2029
- 1.3.2 0-500MW
- 1.3.3 501MW-999MW
- 1.3.4 1000MW-2000MW
- 1.3.5 2000+ MW
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global HVDC Converter Station Consumption Value by Application: 2018 Versus 2022 Versus 2029
- 1.4.2 Underground Power links
- 1.4.3 Powering Island and Remote Loads
- 1.4.4 Connecting Wind Farms
- 1.4.5 Interconnecting Networks
- 1.4.6 Oil & Gas Platforms
- 1.5 Global HVDC Converter Station Market Size & Forecast
- 1.5.1 Global HVDC Converter Station Consumption Value (2018 & 2022 & 2029)
- 1.5.2 Global HVDC Converter Station Sales Quantity (2018-2029)
- 1.5.3 Global HVDC Converter Station Average Price (2018-2029)
2 Manufacturers Profiles
- 2.1 ABB
- 2.1.1 ABB Details
- 2.1.2 ABB Major Business
- 2.1.3 ABB HVDC Converter Station Product and Services
- 2.1.4 ABB HVDC Converter Station Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.1.5 ABB Recent Developments/Updates
- 2.2 Siemens
- 2.2.1 Siemens Details
- 2.2.2 Siemens Major Business
- 2.2.3 Siemens HVDC Converter Station Product and Services
- 2.2.4 Siemens HVDC Converter Station Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.2.5 Siemens Recent Developments/Updates
- 2.3 GE & Alstom Energy
- 2.3.1 GE & Alstom Energy Details
- 2.3.2 GE & Alstom Energy Major Business
- 2.3.3 GE & Alstom Energy HVDC Converter Station Product and Services
- 2.3.4 GE & Alstom Energy HVDC Converter Station Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.3.5 GE & Alstom Energy Recent Developments/Updates
- 2.4 BHEL
- 2.4.1 BHEL Details
- 2.4.2 BHEL Major Business
- 2.4.3 BHEL HVDC Converter Station Product and Services
- 2.4.4 BHEL HVDC Converter Station Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.4.5 BHEL Recent Developments/Updates
- 2.5 Orano
- 2.5.1 Orano Details
- 2.5.2 Orano Major Business
- 2.5.3 Orano HVDC Converter Station Product and Services
- 2.5.4 Orano HVDC Converter Station Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.5.5 Orano Recent Developments/Updates
- 2.6 Hitachi
- 2.6.1 Hitachi Details
- 2.6.2 Hitachi Major Business
- 2.6.3 Hitachi HVDC Converter Station Product and Services
- 2.6.4 Hitachi HVDC Converter Station Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.6.5 Hitachi Recent Developments/Updates
- 2.7 Toshiba
- 2.7.1 Toshiba Details
- 2.7.2 Toshiba Major Business
- 2.7.3 Toshiba HVDC Converter Station Product and Services
- 2.7.4 Toshiba HVDC Converter Station Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.7.5 Toshiba Recent Developments/Updates
- 2.8 Mitsubishi
- 2.8.1 Mitsubishi Details
- 2.8.2 Mitsubishi Major Business
- 2.8.3 Mitsubishi HVDC Converter Station Product and Services
- 2.8.4 Mitsubishi HVDC Converter Station Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.8.5 Mitsubishi Recent Developments/Updates
3 Competitive Environment: HVDC Converter Station by Manufacturer
- 3.1 Global HVDC Converter Station Sales Quantity by Manufacturer (2018-2023)
- 3.2 Global HVDC Converter Station Revenue by Manufacturer (2018-2023)
- 3.3 Global HVDC Converter Station Average Price by Manufacturer (2018-2023)
- 3.4 Market Share Analysis (2022)
- 3.4.1 Producer Shipments of HVDC Converter Station by Manufacturer Revenue ($MM) and Market Share (%): 2022
- 3.4.2 Top 3 HVDC Converter Station Manufacturer Market Share in 2022
- 3.4.2 Top 6 HVDC Converter Station Manufacturer Market Share in 2022
- 3.5 HVDC Converter Station Market: Overall Company Footprint Analysis
- 3.5.1 HVDC Converter Station Market: Region Footprint
- 3.5.2 HVDC Converter Station Market: Company Product Type Footprint
- 3.5.3 HVDC Converter Station Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global HVDC Converter Station Market Size by Region
- 4.1.1 Global HVDC Converter Station Sales Quantity by Region (2018-2029)
- 4.1.2 Global HVDC Converter Station Consumption Value by Region (2018-2029)
- 4.1.3 Global HVDC Converter Station Average Price by Region (2018-2029)
- 4.2 North America HVDC Converter Station Consumption Value (2018-2029)
- 4.3 Europe HVDC Converter Station Consumption Value (2018-2029)
- 4.4 Asia-Pacific HVDC Converter Station Consumption Value (2018-2029)
- 4.5 South America HVDC Converter Station Consumption Value (2018-2029)
- 4.6 Middle East and Africa HVDC Converter Station Consumption Value (2018-2029)
5 Market Segment by Type
- 5.1 Global HVDC Converter Station Sales Quantity by Type (2018-2029)
- 5.2 Global HVDC Converter Station Consumption Value by Type (2018-2029)
- 5.3 Global HVDC Converter Station Average Price by Type (2018-2029)
6 Market Segment by Application
- 6.1 Global HVDC Converter Station Sales Quantity by Application (2018-2029)
- 6.2 Global HVDC Converter Station Consumption Value by Application (2018-2029)
- 6.3 Global HVDC Converter Station Average Price by Application (2018-2029)
7 North America
- 7.1 North America HVDC Converter Station Sales Quantity by Type (2018-2029)
- 7.2 North America HVDC Converter Station Sales Quantity by Application (2018-2029)
- 7.3 North America HVDC Converter Station Market Size by Country
- 7.3.1 North America HVDC Converter Station Sales Quantity by Country (2018-2029)
- 7.3.2 North America HVDC Converter Station Consumption Value by Country (2018-2029)
- 7.3.3 United States Market Size and Forecast (2018-2029)
- 7.3.4 Canada Market Size and Forecast (2018-2029)
- 7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
- 8.1 Europe HVDC Converter Station Sales Quantity by Type (2018-2029)
- 8.2 Europe HVDC Converter Station Sales Quantity by Application (2018-2029)
- 8.3 Europe HVDC Converter Station Market Size by Country
- 8.3.1 Europe HVDC Converter Station Sales Quantity by Country (2018-2029)
- 8.3.2 Europe HVDC Converter Station Consumption Value by Country (2018-2029)
- 8.3.3 Germany Market Size and Forecast (2018-2029)
- 8.3.4 France Market Size and Forecast (2018-2029)
- 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
- 8.3.6 Russia Market Size and Forecast (2018-2029)
- 8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
- 9.1 Asia-Pacific HVDC Converter Station Sales Quantity by Type (2018-2029)
- 9.2 Asia-Pacific HVDC Converter Station Sales Quantity by Application (2018-2029)
- 9.3 Asia-Pacific HVDC Converter Station Market Size by Region
- 9.3.1 Asia-Pacific HVDC Converter Station Sales Quantity by Region (2018-2029)
- 9.3.2 Asia-Pacific HVDC Converter Station Consumption Value by Region (2018-2029)
- 9.3.3 China Market Size and Forecast (2018-2029)
- 9.3.4 Japan Market Size and Forecast (2018-2029)
- 9.3.5 Korea Market Size and Forecast (2018-2029)
- 9.3.6 India Market Size and Forecast (2018-2029)
- 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
- 9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
- 10.1 South America HVDC Converter Station Sales Quantity by Type (2018-2029)
- 10.2 South America HVDC Converter Station Sales Quantity by Application (2018-2029)
- 10.3 South America HVDC Converter Station Market Size by Country
- 10.3.1 South America HVDC Converter Station Sales Quantity by Country (2018-2029)
- 10.3.2 South America HVDC Converter Station Consumption Value by Country (2018-2029)
- 10.3.3 Brazil Market Size and Forecast (2018-2029)
- 10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
- 11.1 Middle East & Africa HVDC Converter Station Sales Quantity by Type (2018-2029)
- 11.2 Middle East & Africa HVDC Converter Station Sales Quantity by Application (2018-2029)
- 11.3 Middle East & Africa HVDC Converter Station Market Size by Country
- 11.3.1 Middle East & Africa HVDC Converter Station Sales Quantity by Country (2018-2029)
- 11.3.2 Middle East & Africa HVDC Converter Station Consumption Value by Country (2018-2029)
- 11.3.3 Turkey Market Size and Forecast (2018-2029)
- 11.3.4 Egypt Market Size and Forecast (2018-2029)
- 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
- 11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
- 12.1 HVDC Converter Station Market Drivers
- 12.2 HVDC Converter Station Market Restraints
- 12.3 HVDC Converter Station Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
- 12.5 Influence of COVID-19 and Russia-Ukraine War
- 12.5.1 Influence of COVID-19
- 12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
- 13.1 Raw Material of HVDC Converter Station and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of HVDC Converter Station
- 13.3 HVDC Converter Station Production Process
- 13.4 HVDC Converter Station Industrial Chain
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 HVDC Converter Station Typical Distributors
- 14.3 HVDC Converter Station Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on HVDC Converter Station . Industry analysis & Market Report on HVDC Converter Station is a syndicated market report, published as Global HVDC Converter Station Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of HVDC Converter Station market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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