Market Research Logo

Global HVDC (High Voltage Direct Current) Converter Stations Market Analysis & Trends - Industry Forecast to 2027

Global HVDC (High Voltage Direct Current) Converter Stations Market Analysis & Trends - Industry Forecast to 2027

The Global HVDC (High Voltage Direct Current) Converter Stations Market is poised to grow strong during the forecast period 2017 to 2027. Some of the prominent trends that the market is witnessing include rapid adoption rate for the UHVDC technology in China and high investments to establish the HVDC converter station.

By Technology, the market is segmented into Voltage Sourced Converter (VSC) and Line Commutate Converter (LCC).

By Component, the market is classified into Reactors, Converter Transformers, Valve, Harmonic Filters, Circuit Breakers, Surge Arresters and Other Components.

Based on Configuration, the market is categorized into Multi-Terminal, Back-To-Back, Monopolar and BI-Polar.

Depending on Application, the market is segregated into Connecting Wind Farms, Interconnecting Networks, Power Industry, Remote Loads, Grid Access for Offshore Applications, Powering Island, Long Distance Transmission Via Cables, Bulk Power Transmissions, Underground Power links, Oil & Gas and Other Applications.

By Power Rating, the market is boycotted into Below 500 MW, >1000–1500 MW, >500–1000 MW, >1500–2000 MW and Above 2000 MW.


1 Market Outline
1.1 Research Methodology
1.1.1 Research Approach & Sources
1.2 Market Trends
1.3 Regulatory Factors
1.4 Technology Analysis
1.5 Application Analysis
1.6 Strategic Benchmarking
1.7 Opportunity Analysis
2 Executive Summary
3 Market Overview
3.1 Current Trends
3.1.1 Rapid Adoption Rate for the UHVDC Technology in China
3.1.2 High Investments to Establish the HVDC Converter Station
3.1.3 Recent Technological Developments in HVDC (High Voltage Direct Current) Converter Stations
3.1.4 Growth Opportunities/Investment Opportunities
3.2 Drivers
3.3 Constraints
3.4 Industry Attractiveness
3.4.1 Bargaining power of suppliers
3.4.2 Bargaining power of buyers
3.4.3 Threat of substitutes
3.4.4 Threat of new entrants
3.4.5 Competitive rivalry
4 HVDC (High Voltage Direct Current) Converter Stations Market, By Technology
4.1 Voltage Sourced Converter (VSC)
4.1.1 Voltage Sourced Converter (VSC) Market Forecast to 2027 (US$ MN)
4.2 Line Commutate Converter (LCC)
4.2.1 Line Commutate Converter (LCC) Market Forecast to 2027 (US$ MN)
5 HVDC (High Voltage Direct Current) Converter Stations Market, By Component
5.1 Reactors
5.1.1 Reactors Market Forecast to 2027 (US$ MN)
5.2 Converter Transformers
5.2.1 Converter Transformers Market Forecast to 2027 (US$ MN)
5.3 Valve
5.3.1 Valve Market Forecast to 2027 (US$ MN)
5.4 Harmonic Filters
5.4.1 Harmonic Filters Market Forecast to 2027 (US$ MN)
5.5 Circuit Breakers
5.5.1 Circuit Breakers Market Forecast to 2027 (US$ MN)
5.6 Surge Arresters
5.5.1 Surge Arresters Market Forecast to 2027 (US$ MN)
5.7 Other Components
5.5.1 Other Components Market Forecast to 2027 (US$ MN)
6 HVDC (High Voltage Direct Current) Converter Stations Market, By Configuration
6.1 Multi-Terminal
6.1.1 Multi-Terminal Market Forecast to 2027 (US$ MN)
6.2 Back-To-Back
6.2.1 Back-To-Back Market Forecast to 2027 (US$ MN)
6.3 Monopolar
6.3.1 Monopolar Market Forecast to 2027 (US$ MN)
6.4 BI-Polar
6.4.1 BI-Polar Market Forecast to 2027 (US$ MN)
7 HVDC (High Voltage Direct Current) Converter Stations Market, By Application
7.1 Connecting Wind Farms
7.1.1 Connecting Wind Farms Market Forecast to 2027 (US$ MN)
7.2 Interconnecting Networks
7.2.1 Interconnecting Networks Market Forecast to 2027 (US$ MN)
7.3 Power Industry
7.3.1 Power Industry Market Forecast to 2027 (US$ MN)
7.4 Remote Loads
7.4.1 Remote Loads Market Forecast to 2027 (US$ MN)
7.5 Grid Access for Offshore Applications
7.5.1 Grid Access for Offshore Applications Market Forecast to 2027 (US$ MN)
7.6 Powering Island
7.6.1 Powering Island Market Forecast to 2027 (US$ MN)
7.7 Long Distance Transmission Via Cables
7.7.1 Long Distance Transmission Via Cables Market Forecast to 2027 (US$ MN)
7.8 Bulk Power Transmissions
7.8.1 Bulk Power Transmissions Market Forecast to 2027 (US$ MN)
7.9 Underground Power links
7.9.1 Underground Power links Market Forecast to 2027 (US$ MN)
7.10 Oil & Gas
7.10.1 Oil & Gas Market Forecast to 2027 (US$ MN)
7.11 Other Applications
7.11.1 Other Applications Market Forecast to 2027 (US$ MN)
8 HVDC (High Voltage Direct Current) Converter Stations Market, By Power Rating
8.1 Below 500 MW
8.1.1 Below 500 MW Market Forecast to 2027 (US$ MN)
8.2 >1000–1500 MW
8.2.1 >1000–1500 MW Market Forecast to 2027 (US$ MN)
8.3 >500–1000 MW
8.3.1 >500–1000 MW Market Forecast to 2027 (US$ MN)
8.4 >1500–2000 MW
8.4.1 >1500–2000 MW Market Forecast to 2027 (US$ MN)
8.5 Above 2000 MW
8.5.1 Above 2000 MW Market Forecast to 2027 (US$ MN)
9 HVDC (High Voltage Direct Current) Converter Stations Market, By Geography
9.1 North America
9.1.1 North America Market Forecast by Countries to 2027 (US$ MN)
9.1.1.1 US
9.1.1.2 Canada
9.1.1.3 Mexico
9.2 Europe
9.2.1 Europe Market Forecast by Countries to 2027 (US$ MN)
9.2.1.1 Germany
9.2.1.2 UK
9.2.1.3 Italy
9.2.1.4 France
9.2.1.5 Spain
9.2.1.6 Rest of Europe
9.3 Asia Pacific
9.3.1 Asia Pacific Market Forecast by Countries to 2027 (US$ MN)
9.3.1.1 China
9.3.1.2 Japan
9.3.1.3 India
9.3.1.4 Australia
9.3.1.5 New Zealand
9.3.1.6 Rest of Asia Pacific
9.4 Middle East
9.4.1 Middle East Market Forecast by Countries to 2027 (US$ MN)
9.4.1.1 Saudi Arabia
9.4.1.2 UAE
9.4.1.3 Rest of Middle East
9.5 Latin America
9.5.1 Latin America Market Forecast by Countries to 2027 (US$ MN)
9.5.1.1 Argentina
9.5.1.2 Brazil
9.5.1.3 Rest of Latin America
9.6 Rest of the World (RoW)
9.6.1 RoW Market Forecast by Countries to 2027 (US$ MN)
9.6.1.1 South Africa
9.6.1.2 Others
10 Key Player Activities
10.1 Mergers & Acquisitions
10.2 Partnerships, Joint Venture’s, Collaborations and Agreements
10.3 Product Launch & Expansions
10.4 Other Activities
11 Leading Companies
11.1 American Superconductor
11.2 ABB
11.3 C-Epri Power Engineering Company
11.4 Bhel
11.5 China Xian XD Power System
11.6 General Electric
11.7 Hitachi, Ltd
11.8 Hyosung
11.9 LSIS
11.10 Mitsubishi
11.11 Nexans SA
11.12 NR Electric
11.13 Prysmian Group
11.14 Siemens
11.15 Toshiba Corporation.
11.16 TransGrid Solutions Inc.
11.17 XJ Electric
List of Tables
Table 1 Global HVDC (High Voltage Direct Current) Converter Stations Market By Region, Market Forecast (2015-2027) (US$ MN)
Table 2 Global HVDC (High Voltage Direct Current) Converter Stations Market By Technology, Market Forecast (2015-2027) (US$ MN)
Table 3 Global HVDC (High Voltage Direct Current) Converter Stations Market By Voltage Sourced Converter (VSC), Market Forecast (2015-2027) (US$ MN)
Table 4 Global HVDC (High Voltage Direct Current) Converter Stations Market By Line Commutate Converter (LCC), Market Forecast (2015-2027) (US$ MN)
Table 5 Global HVDC (High Voltage Direct Current) Converter Stations Market By Component, Market Forecast (2015-2027) (US$ MN)
Table 6 Global HVDC (High Voltage Direct Current) Converter Stations Market By Reactors, Market Forecast (2015-2027) (US$ MN)
Table 7 Global HVDC (High Voltage Direct Current) Converter Stations Market By Converter Transformers, Market Forecast (2015-2027) (US$ MN)
Table 8 Global HVDC (High Voltage Direct Current) Converter Stations Market By Valve, Market Forecast (2015-2027) (US$ MN)
Table 9 Global HVDC (High Voltage Direct Current) Converter Stations Market By Harmonic Filters, Market Forecast (2015-2027) (US$ MN)
Table 10 Global HVDC (High Voltage Direct Current) Converter Stations Market By Circuit Breakers, Market Forecast (2015-2027) (US$ MN)
Table 11 Global HVDC (High Voltage Direct Current) Converter Stations Market By Surge Arresters, Market Forecast (2015-2027) (US$ MN)
Table 12 Global HVDC (High Voltage Direct Current) Converter Stations Market By Other Components, Market Forecast (2015-2027) (US$ MN)
Table 13 Global HVDC (High Voltage Direct Current) Converter Stations Market By Configuration, Market Forecast (2015-2027) (US$ MN)
Table 14 Global HVDC (High Voltage Direct Current) Converter Stations Market By Multi-Terminal, Market Forecast (2015-2027) (US$ MN)
Table 15 Global HVDC (High Voltage Direct Current) Converter Stations Market By Back-To-Back, Market Forecast (2015-2027) (US$ MN)
Table 16 Global HVDC (High Voltage Direct Current) Converter Stations Market By Monopolar, Market Forecast (2015-2027) (US$ MN)
Table 17 Global HVDC (High Voltage Direct Current) Converter Stations Market By BI-Polar, Market Forecast (2015-2027) (US$ MN)
Table 18 Global HVDC (High Voltage Direct Current) Converter Stations Market By Application, Market Forecast (2015-2027) (US$ MN)
Table 19 Global HVDC (High Voltage Direct Current) Converter Stations Market By Connecting Wind Farms, Market Forecast (2015-2027) (US$ MN)
Table 20 Global HVDC (High Voltage Direct Current) Converter Stations Market By Interconnecting Networks, Market Forecast (2015-2027) (US$ MN)
Table 21 Global HVDC (High Voltage Direct Current) Converter Stations Market By Power Industry, Market Forecast (2015-2027) (US$ MN)
Table 22 Global HVDC (High Voltage Direct Current) Converter Stations Market By Remote Loads, Market Forecast (2015-2027) (US$ MN)
Table 23 Global HVDC (High Voltage Direct Current) Converter Stations Market By Grid Access for Offshore Applications, Market Forecast (2015-2027) (US$ MN)
Table 24 Global HVDC (High Voltage Direct Current) Converter Stations Market By Powering Island, Market Forecast (2015-2027) (US$ MN)
Table 25 Global HVDC (High Voltage Direct Current) Converter Stations Market By Long Distance Transmission Via Cables, Market Forecast (2015-2027) (US$ MN)
Table 26 Global HVDC (High Voltage Direct Current) Converter Stations Market By Bulk Power Transmissions, Market Forecast (2015-2027) (US$ MN)
Table 27 Global HVDC (High Voltage Direct Current) Converter Stations Market By Underground Power links, Market Forecast (2015-2027) (US$ MN)
Table 28 Global HVDC (High Voltage Direct Current) Converter Stations Market By Oil & Gas, Market Forecast (2015-2027) (US$ MN)
Table 29 Global HVDC (High Voltage Direct Current) Converter Stations Market By Other Applications, Market Forecast (2015-2027) (US$ MN)
Table 30 Global HVDC (High Voltage Direct Current) Converter Stations Market By Power Rating, Market Forecast (2015-2027) (US$ MN)
Table 31 Global HVDC (High Voltage Direct Current) Converter Stations Market By Below 500 MW, Market Forecast (2015-2027) (US$ MN)
Table 32 Global HVDC (High Voltage Direct Current) Converter Stations Market By >1000–1500 MW, Market Forecast (2015-2027) (US$ MN)
Table 33 Global HVDC (High Voltage Direct Current) Converter Stations Market By >500–1000 MW, Market Forecast (2015-2027) (US$ MN)
Table 34 Global HVDC (High Voltage Direct Current) Converter Stations Market By >1500–2000 MW, Market Forecast (2015-2027) (US$ MN)
Table 35 Global HVDC (High Voltage Direct Current) Converter Stations Market By Above 2000 MW, Market Forecast (2015-2027) (US$ MN)
NOTE: Tables for North America, Europe, Asia Pacific, Middle East,Latin America and Rest of the World (RoW) are represented in the same manner above.

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report