Report Detail
Global HVDC Converter Stations Market Insights, Forecast to 2025
- RnM2749055 |
- 10 January, 2019 |
- Global |
- 111 Pages |
- QYResearch |
- Energy & Power
Power is generated, transmitted and distributed as AC, and most of the time, power is also consumed as AC. However, when transmitting power over long distances such as from an offshore wind farm, an AC line would be uneconomical due to the high power losses that such transmission involves. In such situations, DC power is used, and the conversion of AC power to DC for transmission is achieved using a converter station.
The major factors driving the growth of the market is the increasing requirement for cost-effective solutions for bulk power transfer and increasing need for connecting asynchronous grids. Due to these, there has been a rapid adoption of HVDC in Europe and Asia Pacific creating a market opportunity for the HVDC Converter Station Market. Increasing requirement to transfer bulk power over long distances and the connection of the renewable energy resources to the national grid are driving the market for HVDC converter stations.
The rise in the use of thyristor valves has increased the demand for LCC HVDC systems because of the better reliability of the thyristor technology. In the recent years, technical improvements and compact designs with large-capacity thyristors (up to 8.5 kV, 4 kA) have contributed to the progress of HVDC applications in the Asia Pacific region, because of which there have been large UHVDC projects with the LCC technology in China. The trend is expected to continue in the by 2022 as the major economies in Asia and Europe such as China and the UK, among others are still struggling to meet the energy requirement in the country.
The HVDC Converter Stations market was valued at 71100 Million US$ in 2018 and is projected to reach 129700 Million US$ by 2025, at a CAGR of 7.8% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for HVDC Converter Stations.
This report presents the worldwide HVDC Converter Stations market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Power Industry
Powering Island and Remote Loads
Interconnecting Networks
Oil & Gas
Other
HVDC Converter Stations Breakdown Data by Type
Monopolar
Bi-Polar
Back to Back
Multi-Terminal
HVDC Converter Stations Breakdown Data by Application
Power Industry
Powering Island and Remote Loads
Interconnecting Networks
Oil & Gas
Others
HVDC Converter Stations Production by Region
United States
Europe
China
Japan
Other Regions
HVDC Converter Stations Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global HVDC Converter Stations status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key HVDC Converter Stations manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of HVDC Converter Stations :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of HVDC Converter Stations market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Study Coverage
- 1.1 HVDC Converter Stations Product
- 1.2 Key Market Segments in This Study
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global HVDC Converter Stations Market Size Growth Rate by Type
- 1.4.2 Monopolar
- 1.4.3 Bi-Polar
- 1.4.4 Back to Back
- 1.4.5 Multi-Terminal
- 1.5 Market by Application
- 1.5.1 Global HVDC Converter Stations Market Size Growth Rate by Application
- 1.5.2 Power Industry
- 1.5.3 Powering Island and Remote Loads
- 1.5.4 Interconnecting Networks
- 1.5.5 Oil & Gas
- 1.5.6 Others
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global HVDC Converter Stations Market Size
- 2.1.1 Global HVDC Converter Stations Revenue 2014-2025
- 2.1.2 Global HVDC Converter Stations Production 2014-2025
- 2.2 HVDC Converter Stations Growth Rate (CAGR) 2019-2025
- 2.3 Analysis of Competitive Landscape
- 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 2.3.2 Key HVDC Converter Stations Manufacturers
- 2.3.2.1 HVDC Converter Stations Manufacturing Base Distribution, Headquarters
- 2.3.2.2 Manufacturers HVDC Converter Stations Product Offered
- 2.3.2.3 Date of Manufacturers Enter into HVDC Converter Stations Market
- 2.4 Key Trends for HVDC Converter Stations Markets & Products
3 Market Size by Manufacturers
- 3.1 HVDC Converter Stations Production by Manufacturers
- 3.1.1 HVDC Converter Stations Production by Manufacturers
- 3.1.2 HVDC Converter Stations Production Market Share by Manufacturers
- 3.2 HVDC Converter Stations Revenue by Manufacturers
- 3.2.1 HVDC Converter Stations Revenue by Manufacturers (2014-2019)
- 3.2.2 HVDC Converter Stations Revenue Share by Manufacturers (2014-2019)
- 3.3 HVDC Converter Stations Price by Manufacturers
- 3.4 Mergers & Acquisitions, Expansion Plans
4 HVDC Converter Stations Production by Regions
- 4.1 Global HVDC Converter Stations Production by Regions
- 4.1.1 Global HVDC Converter Stations Production Market Share by Regions
- 4.1.2 Global HVDC Converter Stations Revenue Market Share by Regions
- 4.2 United States
- 4.2.1 United States HVDC Converter Stations Production
- 4.2.2 United States HVDC Converter Stations Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States HVDC Converter Stations Import & Export
- 4.3 Europe
- 4.3.1 Europe HVDC Converter Stations Production
- 4.3.2 Europe HVDC Converter Stations Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe HVDC Converter Stations Import & Export
- 4.4 China
- 4.4.1 China HVDC Converter Stations Production
- 4.4.2 China HVDC Converter Stations Revenue
- 4.4.3 Key Players in China
- 4.4.4 China HVDC Converter Stations Import & Export
- 4.5 Japan
- 4.5.1 Japan HVDC Converter Stations Production
- 4.5.2 Japan HVDC Converter Stations Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan HVDC Converter Stations Import & Export
- 4.6 Other Regions
- 4.6.1 South Korea
- 4.6.2 India
- 4.6.3 Southeast Asia
5 HVDC Converter Stations Consumption by Regions
- 5.1 Global HVDC Converter Stations Consumption by Regions
- 5.1.1 Global HVDC Converter Stations Consumption by Regions
- 5.1.2 Global HVDC Converter Stations Consumption Market Share by Regions
- 5.2 North America
- 5.2.1 North America HVDC Converter Stations Consumption by Application
- 5.2.2 North America HVDC Converter Stations Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
- 5.3 Europe
- 5.3.1 Europe HVDC Converter Stations Consumption by Application
- 5.3.2 Europe HVDC Converter Stations Consumption by Countries
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 UK
- 5.3.6 Italy
- 5.3.7 Russia
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific HVDC Converter Stations Consumption by Application
- 5.4.2 Asia Pacific HVDC Converter Stations Consumption by Countries
- 5.4.3 China
- 5.4.4 Japan
- 5.4.5 South Korea
- 5.4.6 India
- 5.4.7 Australia
- 5.4.8 Indonesia
- 5.4.9 Thailand
- 5.4.10 Malaysia
- 5.4.11 Philippines
- 5.4.12 Vietnam
- 5.5 Central & South America
- 5.5.1 Central & South America HVDC Converter Stations Consumption by Application
- 5.5.2 Central & South America HVDC Converter Stations Consumption by Country
- 5.5.3 Brazil
- 5.6 Middle East and Africa
- 5.6.1 Middle East and Africa HVDC Converter Stations Consumption by Application
- 5.6.2 Middle East and Africa HVDC Converter Stations Consumption by Countries
- 5.6.3 GCC Countries
- 5.6.4 Egypt
- 5.6.5 South Africa
6 Market Size by Type
- 6.1 Global HVDC Converter Stations Production by Type
- 6.2 Global HVDC Converter Stations Revenue by Type
- 6.3 HVDC Converter Stations Price by Type
7 Market Size by Application
- 7.1 Overview
- 7.2 Global HVDC Converter Stations Breakdown Dada by Application
- 7.2.1 Global HVDC Converter Stations Consumption by Application
- 7.2.2 Global HVDC Converter Stations Consumption Market Share by Application (2014-2019)
8 Manufacturers Profiles
- 8.1 Power Industry
- 8.1.1 Power Industry Company Details
- 8.1.2 Company Overview
- 8.1.3 Power Industry HVDC Converter Stations Production Revenue and Gross Margin (2014-2019)
- 8.1.4 Power Industry HVDC Converter Stations Product Description
- 8.1.5 Power Industry Recent Development
- 8.2 Powering Island and Remote Loads
- 8.2.1 Powering Island and Remote Loads Company Details
- 8.2.2 Company Overview
- 8.2.3 Powering Island and Remote Loads HVDC Converter Stations Production Revenue and Gross Margin (2014-2019)
- 8.2.4 Powering Island and Remote Loads HVDC Converter Stations Product Description
- 8.2.5 Powering Island and Remote Loads Recent Development
- 8.3 Interconnecting Networks
- 8.3.1 Interconnecting Networks Company Details
- 8.3.2 Company Overview
- 8.3.3 Interconnecting Networks HVDC Converter Stations Production Revenue and Gross Margin (2014-2019)
- 8.3.4 Interconnecting Networks HVDC Converter Stations Product Description
- 8.3.5 Interconnecting Networks Recent Development
- 8.4 Oil & Gas
- 8.4.1 Oil & Gas Company Details
- 8.4.2 Company Overview
- 8.4.3 Oil & Gas HVDC Converter Stations Production Revenue and Gross Margin (2014-2019)
- 8.4.4 Oil & Gas HVDC Converter Stations Product Description
- 8.4.5 Oil & Gas Recent Development
- 8.5 Other
- 8.5.1 Other Company Details
- 8.5.2 Company Overview
- 8.5.3 Other HVDC Converter Stations Production Revenue and Gross Margin (2014-2019)
- 8.5.4 Other HVDC Converter Stations Product Description
- 8.5.5 Other Recent Development
9 Production Forecasts
- 9.1 HVDC Converter Stations Production and Revenue Forecast
- 9.1.1 Global HVDC Converter Stations Production Forecast 2019-2025
- 9.1.2 Global HVDC Converter Stations Revenue Forecast 2019-2025
- 9.2 HVDC Converter Stations Production and Revenue Forecast by Regions
- 9.2.1 Global HVDC Converter Stations Revenue Forecast by Regions
- 9.2.2 Global HVDC Converter Stations Production Forecast by Regions
- 9.3 HVDC Converter Stations Key Producers Forecast
- 9.3.1 United States
- 9.3.2 Europe
- 9.3.3 China
- 9.3.4 Japan
- 9.4 Forecast by Type
- 9.4.1 Global HVDC Converter Stations Production Forecast by Type
- 9.4.2 Global HVDC Converter Stations Revenue Forecast by Type
10 Consumption Forecast
- 10.1 HVDC Converter Stations Consumption Forecast by Application
- 10.2 HVDC Converter Stations Consumption Forecast by Regions
- 10.3 North America Market Consumption Forecast
- 10.3.1 North America HVDC Converter Stations Consumption Forecast by Regions 2019-2025
- 10.3.2 United States
- 10.3.3 Canada
- 10.3.4 Mexico
- 10.4 Europe Market Consumption Forecast
- 10.4.1 Europe HVDC Converter Stations Consumption Forecast by Regions 2019-2025
- 10.4.2 Germany
- 10.4.3 France
- 10.4.4 UK
- 10.4.5 Italy
- 10.4.6 Russia
- 10.5 Asia Pacific Market Consumption Forecast
- 10.5.1 Asia Pacific HVDC Converter Stations Consumption Forecast by Regions 2019-2025
- 10.5.2 China
- 10.5.3 Japan
- 10.5.4 South Korea
- 10.5.5 India
- 10.5.6 Australia
- 10.5.7 Indonesia
- 10.5.8 Thailand
- 10.5.9 Malaysia
- 10.5.10 Philippines
- 10.5.11 Vietnam
- 10.6 Central & South America Market Consumption Forecast
- 10.6.1 Central & South America HVDC Converter Stations Consumption Forecast by Regions 2019-2025
- 10.6.2 Brazil
- 10.7 Middle East and Africa Market Consumption Forecast
- 10.7.1 Middle East and Africa HVDC Converter Stations Consumption Forecast by Regions 2019-2025
- 10.7.2 GCC Countries
- 10.7.3 Egypt
- 10.7.4 South Africa
11 Value Chain and Sales Channels Analysis
- 11.1 Value Chain Analysis
- 11.2 Sales Channels Analysis
- 11.2.1 HVDC Converter Stations Sales Channels
- 11.2.2 HVDC Converter Stations Distributors
- 11.3 HVDC Converter Stations Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
- 12.1 Market Opportunities and Drivers
- 12.2 Market Challenges
- 12.3 Market Risks/Restraints
13 Key Findings in the Global HVDC Converter Stations Study
14 Appendix
- 14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.1.1 Research Programs/Design
- 14.1.1.2 Market Size Estimation
- 14.1.1.3 Market Breakdown and Data Triangulation
- 14.1.2 Data Source
- 14.1.2.1 Secondary Sources
- 14.1.2.2 Primary Sources
- 14.1.1 Methodology/Research Approach
- 14.2 Author Details
Summary:
Get latest Market Research Reports on HVDC Converter Stations . Industry analysis & Market Report on HVDC Converter Stations is a syndicated market report, published as Global HVDC Converter Stations Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of HVDC Converter Stations market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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