
HVDC Transmission Market by Component (Converter Stations, Converter Transformers, Transmission Lines), Type (Multi-Terminal, Point-to-Point), Technology, Application - Global Forecast 2024-2030
Description
HVDC Transmission Market by Component (Converter Stations, Converter Transformers, Transmission Lines), Type (Multi-Terminal, Point-to-Point), Technology, Application - Global Forecast 2024-2030
The HVDC Transmission Market size was estimated at USD 12.09 billion in 2023 and expected to reach USD 12.89 billion in 2024, at a CAGR 6.85% to reach USD 19.23 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the HVDC Transmission Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the HVDC Transmission Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the HVDC Transmission Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Abengoa S.A., American Superconductor Corporation, ATCO Ltd., Delta Electronics, Inc., Doble Engineering Company, Emerson Electric Co., General Electric Company, Hitachi Ltd., Hyosung Heavy Industries, LS ELECTRIC Co., Ltd., Mitsubishi Electric Corporation, Nexans, NKT A/S, NR Electric Co., Ltd., Prysmian Group, Schneider Electric SE, Siemens AG, Sumitomo Electric Industries Ltd., TBEA Co., Ltd., TDK Electronics AG, Texas Instruments Incorporated, Toshiba Corporation, and TransGrid Solutions Inc..
Market Segmentation & Coverage
This research report categorizes the HVDC Transmission Market to forecast the revenues and analyze trends in each of the following sub-markets:
Component
Converter Stations
Converter Transformers
Transmission Lines
Type
Multi-Terminal
Point-to-Point
Technology
Capacitor-Commuted Converter
Line-Commutated Converter
Voltage-Source Converter
Application
Cross-Border Interconnections
Grid Stabilization
Offshore Wind Power Integration
Power Transmission
Underground & Subsea Cable Transmission
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the HVDC Transmission Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the HVDC Transmission Market?
3. What are the technology trends and regulatory frameworks in the HVDC Transmission Market?
4. What is the market share of the leading vendors in the HVDC Transmission Market?
5. Which modes and strategic moves are suitable for entering the HVDC Transmission Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
187 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. HVDC Transmission Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Emphasis on enhanced long-distance and remote power transmission
- 5.1.1.2. Government initiatives encouraging renewable energy integration
- 5.1.1.3. Popularity of cross-border power trading and exchange
- 5.1.2. Restraints
- 5.1.2.1. Complexity of the technology and need for specialized expertise
- 5.1.3. Opportunities
- 5.1.3.1. Technological advancements in HVDC transmission systems
- 5.1.3.2. Rising focus on grid modernization and smart grids
- 5.1.4. Challenges
- 5.1.4.1. Difficulties associated with obtaining regulatory permits for HVDC infrastructure
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. HVDC Transmission Market, by Component
- 6.1. Introduction
- 6.2. Converter Stations
- 6.3. Converter Transformers
- 6.4. Transmission Lines
- 7. HVDC Transmission Market, by Type
- 7.1. Introduction
- 7.2. Multi-Terminal
- 7.3. Point-to-Point
- 8. HVDC Transmission Market, by Technology
- 8.1. Introduction
- 8.2. Capacitor-Commuted Converter
- 8.3. Line-Commutated Converter
- 8.4. Voltage-Source Converter
- 9. HVDC Transmission Market, by Application
- 9.1. Introduction
- 9.2. Cross-Border Interconnections
- 9.3. Grid Stabilization
- 9.4. Offshore Wind Power Integration
- 9.5. Power Transmission
- 9.6. Underground & Subsea Cable Transmission
- 10. Americas HVDC Transmission Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific HVDC Transmission Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa HVDC Transmission Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. ABB Ltd.
- 14.1.2. Abengoa S.A.
- 14.1.3. American Superconductor Corporation
- 14.1.4. ATCO Ltd.
- 14.1.5. Delta Electronics, Inc.
- 14.1.6. Doble Engineering Company
- 14.1.7. Emerson Electric Co.
- 14.1.8. General Electric Company
- 14.1.9. Hitachi Ltd.
- 14.1.10. Hyosung Heavy Industries
- 14.1.11. LS ELECTRIC Co., Ltd.
- 14.1.12. Mitsubishi Electric Corporation
- 14.1.13. Nexans
- 14.1.14. NKT A/S
- 14.1.15. NR Electric Co., Ltd.
- 14.1.16. Prysmian Group
- 14.1.17. Schneider Electric SE
- 14.1.18. Siemens AG
- 14.1.19. Sumitomo Electric Industries Ltd.
- 14.1.20. TBEA Co., Ltd.
- 14.1.21. TDK Electronics AG
- 14.1.22. Texas Instruments Incorporated
- 14.1.23. Toshiba Corporation
- 14.1.24. TransGrid Solutions Inc.
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. HVDC TRANSMISSION MARKET RESEARCH PROCESS
- FIGURE 2. HVDC TRANSMISSION MARKET SIZE, 2023 VS 2030
- FIGURE 3. HVDC TRANSMISSION MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. HVDC TRANSMISSION MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. HVDC TRANSMISSION MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. HVDC TRANSMISSION MARKET DYNAMICS
- FIGURE 7. HVDC TRANSMISSION MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
- FIGURE 8. HVDC TRANSMISSION MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. HVDC TRANSMISSION MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
- FIGURE 10. HVDC TRANSMISSION MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. HVDC TRANSMISSION MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
- FIGURE 12. HVDC TRANSMISSION MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. HVDC TRANSMISSION MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 14. HVDC TRANSMISSION MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS HVDC TRANSMISSION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS HVDC TRANSMISSION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES HVDC TRANSMISSION MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES HVDC TRANSMISSION MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC HVDC TRANSMISSION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC HVDC TRANSMISSION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA HVDC TRANSMISSION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA HVDC TRANSMISSION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. HVDC TRANSMISSION MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. HVDC TRANSMISSION MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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