Global HVDC Transmission System Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global HVDC Transmission System market size will reach 11,396 Million USD in 2025 and is projected to reach 17,294 Million USD by 2032, with a CAGR of 6.14% (2025-2032). Notably, the China HVDC Transmission System market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
The HVDC (High Voltage Direct Current) transmission system is a technology used for transmitting electrical power over long distances with lower losses compared to traditional AC (Alternating Current) transmission systems. In an HVDC system, power generated at the source is converted from AC to DC at a sending converter station. The DC power is then transmitted over HVDC transmission lines, and at the receiving end, another converter station converts the DC back to AC for distribution into the grid. HVDC transmission systems are particularly advantageous for transmitting power over vast distances, interconnecting asynchronous AC grids, and integrating renewable energy sources. They offer benefits such as reduced electrical losses, improved controllability, and the ability to stabilize the power system. HVDC technology plays a crucial role in modern power transmission infrastructure, facilitating efficient and reliable electricity transfer over long-distance transmission links.
The major global suppliers of HVDC Transmission System include ABB, Siemens, XD, NR Electric, GE Grid Solution, NKT, TBEA, XJ Group Corporation, Hitachi ABB Power Grids, Nexans, Toshiba, Mitsubishi Electric, Abengoa, Prysmian Group, China XD Group, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of HVDC Transmission System. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global HVDC Transmission System market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the HVDC Transmission System market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of HVDC Transmission System industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Suppliers of HVDC Transmission System Include:
ABB
Siemens
XD
NR Electric
GE Grid Solution
NKT
TBEA
XJ Group Corporation
Hitachi ABB Power Grids
Nexans
Toshiba
Mitsubishi Electric
Abengoa
Prysmian Group
China XD Group
HVDC Transmission System Product Segment Include:
Below 400 KV
Between 400-800 KV
Above 800 KV
HVDC Transmission System Product Application Include:
Overhead Transmission
Underground Transmission
Subsea Transmission
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global HVDC Transmission System Industry PESTEL Analysis
Chapter 3: Global HVDC Transmission System Industry Porter's Five Forces Analysis
Chapter 4: Global HVDC Transmission System Major Regional Market Size (Revenue) and Forecast Analysis
Chapter 5: Global HVDC Transmission System Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 6: Global HVDC Transmission System Revenue and Forecast Analysis by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 8: Industrial Chain Analysis, HVDC Transmission System Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global HVDC Transmission System market size will reach 11,396 Million USD in 2025 and is projected to reach 17,294 Million USD by 2032, with a CAGR of 6.14% (2025-2032). Notably, the China HVDC Transmission System market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
The HVDC (High Voltage Direct Current) transmission system is a technology used for transmitting electrical power over long distances with lower losses compared to traditional AC (Alternating Current) transmission systems. In an HVDC system, power generated at the source is converted from AC to DC at a sending converter station. The DC power is then transmitted over HVDC transmission lines, and at the receiving end, another converter station converts the DC back to AC for distribution into the grid. HVDC transmission systems are particularly advantageous for transmitting power over vast distances, interconnecting asynchronous AC grids, and integrating renewable energy sources. They offer benefits such as reduced electrical losses, improved controllability, and the ability to stabilize the power system. HVDC technology plays a crucial role in modern power transmission infrastructure, facilitating efficient and reliable electricity transfer over long-distance transmission links.
The major global suppliers of HVDC Transmission System include ABB, Siemens, XD, NR Electric, GE Grid Solution, NKT, TBEA, XJ Group Corporation, Hitachi ABB Power Grids, Nexans, Toshiba, Mitsubishi Electric, Abengoa, Prysmian Group, China XD Group, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of HVDC Transmission System. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global HVDC Transmission System market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the HVDC Transmission System market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of HVDC Transmission System industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Suppliers of HVDC Transmission System Include:
ABB
Siemens
XD
NR Electric
GE Grid Solution
NKT
TBEA
XJ Group Corporation
Hitachi ABB Power Grids
Nexans
Toshiba
Mitsubishi Electric
Abengoa
Prysmian Group
China XD Group
HVDC Transmission System Product Segment Include:
Below 400 KV
Between 400-800 KV
Above 800 KV
HVDC Transmission System Product Application Include:
Overhead Transmission
Underground Transmission
Subsea Transmission
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global HVDC Transmission System Industry PESTEL Analysis
Chapter 3: Global HVDC Transmission System Industry Porter's Five Forces Analysis
Chapter 4: Global HVDC Transmission System Major Regional Market Size (Revenue) and Forecast Analysis
Chapter 5: Global HVDC Transmission System Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 6: Global HVDC Transmission System Revenue and Forecast Analysis by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 8: Industrial Chain Analysis, HVDC Transmission System Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 HVDC Transmission System Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 HVDC Transmission System Product by Type
- 1.2.1 Below 400 KV
- 1.2.2 Between 400-800 KV
- 1.2.3 Above 800 KV
- 1.3 HVDC Transmission System Product by Application
- 1.3.1 Overhead Transmission
- 1.3.2 Underground Transmission
- 1.3.3 Subsea Transmission
- 1.4 Global HVDC Transmission System Market Size Analysis (2020-2032)
- 1.5 HVDC Transmission System Market Development Status and Trends
- 1.5.1 HVDC Transmission System Industry Development Status Analysis
- 1.5.2 HVDC Transmission System Industry Development Trends Analysis
- 2 HVDC Transmission System Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 HVDC Transmission System Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global HVDC Transmission System Market Analysis by Country
- 4.1 Global HVDC Transmission System Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global HVDC Transmission System Revenue Analysis by Country (2020-2025)
- 4.1.2 Global HVDC Transmission System Revenue Forecast Analysis by Country (2026-2032)
- 4.2 United States HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.3 Germany HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.4 Japan HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.5 China HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.6 France HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.7 U.K. HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.8 South Korea HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.9 Canada HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.10 Italy HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.11 Russia HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.12 Mexico HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.13 Brazil HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.14 India HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.15 Vietnam HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.16 Thailand HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 4.17 South Africa HVDC Transmission System Market Revenue and Growth Rate (2020-2032)
- 5 Competition by Suppliers
- 5.1 Global HVDC Transmission System Market Revenue by Key Suppliers (2021-2025)
- 5.2 HVDC Transmission System Competitive Landscape Analysis and Market Dynamic
- 5.2.1 HVDC Transmission System Competitive Landscape Analysis
- 5.2.2 Global Key Suppliers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 HVDC Transmission System Market Analysis by Type
- 6.1 Global HVDC Transmission System Market Size Analysis by Type: 2024 VS 2025 VS 2032
- 6.2 Global HVDC Transmission System Revenue and Forecast Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 ABB
- 7.1.1 ABB Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 ABB HVDC Transmission System Product Portfolio
- 7.1.3 ABB HVDC Transmission System Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.2 Siemens
- 7.2.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Siemens HVDC Transmission System Product Portfolio
- 7.2.3 Siemens HVDC Transmission System Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.3 XD
- 7.3.1 XD Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 XD HVDC Transmission System Product Portfolio
- 7.3.3 XD HVDC Transmission System Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.4 NR Electric
- 7.4.1 NR Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 NR Electric HVDC Transmission System Product Portfolio
- 7.4.3 NR Electric HVDC Transmission System Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.5 GE Grid Solution
- 7.5.1 GE Grid Solution Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 GE Grid Solution HVDC Transmission System Product Portfolio
- 7.5.3 GE Grid Solution HVDC Transmission System Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.6 NKT
- 7.6.1 NKT Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 NKT HVDC Transmission System Product Portfolio
- 7.6.3 NKT HVDC Transmission System Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.7 TBEA
- 7.7.1 TBEA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 TBEA HVDC Transmission System Product Portfolio
- 7.7.3 TBEA HVDC Transmission System Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.8 XJ Group Corporation
- 7.8.1 XJ Group Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 XJ Group Corporation HVDC Transmission System Product Portfolio
- 7.8.3 XJ Group Corporation HVDC Transmission System Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.9 Hitachi ABB Power Grids
- 7.9.1 Hitachi ABB Power Grids Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Hitachi ABB Power Grids HVDC Transmission System Product Portfolio
- 7.9.3 Hitachi ABB Power Grids HVDC Transmission System Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.10 Nexans
- 7.10.1 Nexans Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 Nexans HVDC Transmission System Product Portfolio
- 7.10.3 Nexans HVDC Transmission System Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.11 Toshiba
- 7.11.1 Toshiba Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 Toshiba HVDC Transmission System Product Portfolio
- 7.11.3 Toshiba HVDC Transmission System Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.12 Mitsubishi Electric
- 7.12.1 Mitsubishi Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.12.2 Mitsubishi Electric HVDC Transmission System Product Portfolio
- 7.12.3 Mitsubishi Electric HVDC Transmission System Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.13 Abengoa
- 7.13.1 Abengoa Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.13.2 Abengoa HVDC Transmission System Product Portfolio
- 7.13.3 Abengoa HVDC Transmission System Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.14 Prysmian Group
- 7.14.1 Prysmian Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.14.2 Prysmian Group HVDC Transmission System Product Portfoli
Pricing
Currency Rates
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