Market Research Logo

HVDC Transmission Systems Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028

HVDC Transmission Systems Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028

This FMI report offers a ten-year analysis and forecast for the global HVDC transmission systems market for the period between 2018 and 2028. This HVDC transmission systems market study considers 2017 as the base year with market values estimated for 2018 and a forecast developed for the period 2019 to 2028. The Compound Average Growth Rate (CAGR) has been represented from 2018 to 2028.

This HVDC transmission systems study studies different viewpoints of the market, including macro-economic factors, forecast factors and different market dynamics impacting the growth of the market. The report also offers information on value chain analysis, pricing analysis, industry growth analysis, segmental and regional growth comparison as well as competition analysis. The competition analysis provides a dashboard view of market players, market share analysis, in-depth company profiles, etc. As per the analysis and perspectives of industry experts, the global HVDC transmission systems market is projected to expand at a significant CAGR of 8.7% during the forecast period in value terms. Increasing demand for power in emerging economies is expected to positively impact the uptake of HVDC transmission systems in the global market.

FMI’s report on the HVDC Transmission Systems market carefully analyses the market at global and regional levels through market segmentation on the basis of key parameters, such as system components, technology, deployment, power rating and regions.

High Voltage Direct Current (HVDC) transmission systems are used for the transmission of power over long distances. These systems use direct current for power transmission. These systems have the ability to interconnect networks that have varying frequencies and features. These systems are known to be more proficient than AC lines.

HVDC transmission uses two technologies, namely Line Commutated Converter (LCC) and Voltage Source Converter (VSC). The LCC is a very economical technology based on Thyristor power semiconductors. These semiconductors enable the bulk transfer of power with very low losses. This technology also provides inherent DC fault protection. The voltage source converter is a new technology in the HVDC transmission systems market. It is based on power transistors. This technology is widely used in integrating renewables, in submarine/land cable interconnection, and urban & offshore applications. The VSC technology is included in several schemes, such as point-to-point, back-to-back, and others.

This HVDC transmission systems market report is structured to allow the readers to develop an organized understanding of the HVDC transmission systems market. The global HVDC transmission systems market report begins with the executive summary, followed by market definitions and taxonomy. The subsequent section discusses market viewpoints (macroeconomic factors, value chain, market dynamics, forecast factors etc.), regional analysis and competitive analysis. Each section of the global HVDC transmission systems market report covers a quantitative and qualitative assessment of the HVDC transmission systems market on the basis of key opinions, facts collected from industry participants and experts, historical trends and developments in the market.

HVDC Transmission Systems Market: Segmentation

The global HVDC Transmission Systems market has been segmented on the basis of system component, technology, deployment, power rating and regions.

On the basis of system component, the global HVDC Transmission Systems market has been segmented into:

Solution

AC & DC Harmonic Filters

Converters

DC Lines

Circuit Breakers

Others

Services

On the basis of technology, the global HVDC Transmission Systems market has been segmented into:

LCC (Line Commutated Converters)

VSC (Voltage Source Converters)

Others

On the basis of deployment, the global HVDC Transmission Systems market has been segmented into:

Overhead

Underground

Subsea

Combination

On the basis of power rating, the global HVDC Transmission Systems market has been segmented into:

Below 1000 MW

1000 - 2000 MW

2000 MW & above

On the basis of region, the global HVDC Transmission Systems market has been segmented into:

North America

Latin America

APEJ (Asia Pacific Excluding Japan)

Japan

Eastern Europe

Western Europe

MEA (Middle East & Africa)

The global HVDC transmission systems market report starts with an executive summary followed by the market introduction, defining the product definitions and market taxonomy concerning the global HVDC transmission systems market assessment. In the following section, the report describes the market background, which includes macro-economic factors, value chain analysis and forecast factors impacting the growth of the market. The market background section also discusses market dynamics impacting the HVDC transmission systems market growth at a global level.

The succeeding section of the HVDC transmission systems report provides value projections for the HVDC transmission systems market on the basis of the segments stated above at a global level. The global market values indicated in this section have been grouped by collecting data and insights at a regional level. Information provided on the global HVDC transmission systems market, accompanied by key insights and facts, cover distinctive analysis frameworks, such as market attractiveness analysis, absolute $ opportunity analysis, y-o-y growth trend comparison and market share analysis for each of the types included under each segment.

The subsequent section of the report comprises a brief outlook of the global HVDC Transmission systems market on the basis of seven prominent regions considered in the study. The section includes market attractiveness analysis, growth potential, and regional market position for each of these regions.

Global HVDC Transmission Systems Market: Competition Landscape

In the last section of the report, a competitive analysis of the HVDC transmission systems market has been included to provide report audiences with a dashboard view characterised on the basis of the manufacturer strategies, key differentiating factors and their presence in the HVDC transmission systems market. Additionally, this section covers tier structure analysis, market share analysis and market structure analysis of the key players in the global HVDC transmission systems market.

Comprehensive profiles of manufacturers have also been included under the scope of the report to evaluate their recent developments and key offerings in the HVDC transmission systems market. Examples of some of the key competitors covered under the HVDC Transmission Systems report are ABB Ltd., Toshiba Corporation, Siemens AG, General Electric, Mitsubishi Electric Corporation, Prysmian SpA, Abengoa S.A., TransGrid Solutions Inc., ATCO Ltd., and LS Industrial Systems Co., Ltd.


1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
2.3. Market Snapshot
3. Market Background
3.1. Macro-Economic Factors
3.1.1. World Economy
3.1.2. Global Customer Expenditure & Disposable Income Growth
3.1.3. Global GDP Outlook
3.1.4. Consumer Energy Expenditures Per Capita and Share in GDP by Region
3.1.5. Share of Taxes in Consumer Energy Expenditures Per Capita
3.1.6. Breakdown of Consumer Energy Expenditures
3.2. Value Chain
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Restraints
3.3.3. Trends by Region
3.4. Forecast Factors – Relevance & Impact
4. Market Forecast
4.1. Market Size and Y-o-Y Growth
4.2. Absolute $ Opportunity
5. Global HVDC Transmission Systems Market Analysis By System Component
5.1. Introduction
5.1.1. Market Value Share Analysis By System Component
5.1.2. Y-o-Y Growth Analysis By System Component
5.2. Historical Market Size (US$ Mn) Analysis 2013-2017 By System Component
5.3. Current Market Size (US$ Mn) and Forecast 2018-2028 By System Component
5.3.1. Solution
5.3.1.1. AC & DC Harmonic Filters
5.3.1.2. Converters
5.3.1.3. DC Lines
5.3.1.4. Circuit Breakers
5.3.1.5. Others
5.3.2. Services
5.4. Market Attractiveness Analysis By System Component
6. Global HVDC Transmission Systems Market Analysis By Deployment
6.1. Introduction
6.1.1. Market Value Share Analysis By Deployment
6.1.2. Y-o-Y Growth Analysis By Deployment
6.2. Historical Market Size (US$ Mn) Analysis 2013-2017 By Deployment
6.3. Current Market Size (US$ Mn) and Forecast 2018-2028 By Deployment
6.3.1. Overhead
6.3.2. Underground
6.3.3. Subsea
6.3.4. Combination
6.4. Market Attractiveness Analysis By Deployment
7. Global HVDC Transmission Systems Market Analysis By Technology
7.1. Introduction
7.1.1. Market Value Share Analysis By Technology
7.1.2. Y-o-Y Growth Analysis By Technology
7.2. Historical Market Size (US$ Mn) Analysis 2013-2017 By Technology
7.3. Current Market Size (US$ Mn) and Forecast 2018-2028 By Technology
7.3.1. LCC (Line Commutated Converters)
7.3.2. VSC (Voltage Source Converters)
7.3.3. Others
7.4. Market Attractiveness Analysis By Technology
8. Global HVDC Transmission Systems Market Analysis By Power Rating
8.1. Introduction
8.1.1. Market Value Share Analysis By Power Rating
8.1.2. Y-o-Y Growth Analysis By Power Rating
8.2. Historical Market Size (US$ Mn) Analysis 2013-2017 By Power Rating
8.3. Current Market Size (US$ Mn) and Forecast 2018-2028 By Power Rating
8.3.1. Below 1000 MWs
8.3.2. 1001-2000 MWs
8.3.3. Above 2000 MWs
8.4. Market Attractiveness Analysis By Power Rating
9. Global HVDC Transmission Systems Market Analysis By Region
9.1. Introduction
9.1.1. Market Value Share Analysis By Region
9.1.2. Y-o-Y Growth Analysis By Region
9.2. Historical Market Size (US$ Mn) Analysis 2013-2017 By Region
9.3. Current Market Size (US$ Mn) and Forecast 2018-2028 By Region
9.3.1. North America
9.3.2. Latin America
9.3.3. Western Europe
9.3.4. Eastern Europe
9.3.5. APEJ (Asia Pacific Excl. Japan)
9.3.6. Japan
9.3.7. Middle East & Africa (MEA)
9.4. Market Attractiveness Analysis By Region
10. North America HVDC Transmission Systems Market Analysis
10.1. Introduction
10.2. Historical Market Size (US$ Mn) Analysis By Market Segments 2013-2017
10.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018–2028
10.3.1. By Country
10.3.1.1. U.S.
10.3.1.2. Canada
10.3.2. By System Component
10.3.3. By Deployment
10.3.4. By Technology
10.3.5. By Power Rating
10.4. Market Attractiveness Analysis
10.4.1. By Country
10.4.2. By System Component
10.4.3. By Deployment
10.4.4. By Technology
10.4.5. By Power Rating
11. Latin America HVDC Transmission Systems Market Analysis
11.1. Introduction
11.2. Historical Market Size (US$ Mn) Analysis By Market Segments 2013-2017
11.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018–2028
11.3.1. By Country
11.3.1.1. Brazil
11.3.1.2. Mexico
11.3.1.3. Rest of Latin America
11.3.2. By System Component
11.3.3. By Deployment
11.3.4. By Technology
11.3.5. By Power Rating
11.4. Market Attractiveness Analysis
11.4.1. By Country
11.4.2. By System Component
11.4.3. By Deployment
11.4.4. By Technology
11.4.5. By Power Rating
12. APEJ HVDC Transmission Systems Market Analysis
12.1. Introduction
12.2. Historical Market Size (US$ Mn) Analysis By Market Segments 2013-2017
12.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018-2028
12.3.1. By Country
12.3.1.1. China
12.3.1.2. India
12.3.1.3. ASEAN
12.3.1.4. ANZ
12.3.1.5. Rest of APEJ
12.3.2. By System Component
12.3.3. By Deployment
12.3.4. By Technology
12.3.5. By Power Rating
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. By System Component
12.4.3. By Deployment
12.4.4. By Technology
12.4.5. By Power Rating
13. Japan HVDC Transmission Systems Market Analysis
13.1. Introduction
13.2. Historical Market Size (US$ Mn) Analysis By Market Segments 2013-2017
13.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018-2028
13.3.1. By System Component
13.3.2. By Deployment
13.3.3. By Technology
13.3.4. By Power Rating
13.4. Market Attractiveness Analysis
13.4.1. By System Component
13.4.2. By Deployment
13.4.3. By Technology
13.4.4. By Power Rating
14. Eastern Europe HVDC Transmission Systems Market Analysis
14.1. Introduction
14.2. Historical Market Size (US$ Mn) Analysis By Market Segments 2013-2017
14.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018-2028
14.3.1. By Country
14.3.1.1. Russia
14.3.1.2. Poland
14.3.1.3. Rest of Eastern Europe
14.3.2. By System Component
14.3.3. By Deployment
14.3.4. By Technology
14.3.5. By Power Rating
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By System Component
14.4.3. By Deployment
14.4.4. By Technology
14.4.5. By Power Rating
15. Western Europe HVDC Transmission Systems Market Analysis
15.1. Introduction
15.2. Historical Market Size (US$ Mn) Analysis By Market Segments 2013-2017
15.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018-2028
15.3.1. By Country
15.3.1.1. Germany
15.3.1.2. France
15.3.1.3. U.K.
15.3.1.4. Nordic
15.3.1.5. BENELUX
15.3.1.6. Rest of Western Europe
15.3.2. By System Component
15.3.3. By Deployment
15.3.4. By Technology
15.3.5. By Power Rating
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By System Component
15.4.3. By Deployment
15.4.4. By Technology
15.4.5. By Power Rating
16. Middle East and Africa HVDC Transmission Systems Market Analysis
16.1. Introduction
16.2. Historical Market Size (US$ Mn) Analysis By Market Segments 2013-2017
16.3. Market Size (US$ Mn) and Forecast By Market Segments, 2018-2028
16.3.1. By Country
16.3.1.1. GCC Countries
16.3.1.2. North Africa
16.3.1.3. South Africa
16.3.1.4. Rest of Middle East and Africa
16.3.2. By System Component
16.3.3. By Deployment
16.3.4. By Technology
16.3.5. By Power Rating
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By System Component
16.4.3. By Deployment
16.4.4. By Technology
16.4.5. By Power Rating
17. Competition Analysis
17.1. Competition Dashboard
17.2. Market Share Analysis
17.3. Market Structure Analysis
17.4. Tier Structure Analysis
17.5. Competition Deep Dive
17.5.1. ABB Ltd.
17.5.2. Siemens AG
17.5.3. Toshiba Corporation
17.5.4. General Electric
17.5.5. Mitsubishi Electric Corporation
17.5.6. Prysmian SpA
17.5.7. TransGrid Solutions Inc.
17.5.8. Abengoa S.A.
17.5.9. ATCO Ltd.
17.5.10. LS Industrial Systems Co., Ltd.
18. Assumptions & Acronyms Used
19. Research Methodology

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