Global HVDC Converter Stations Market 2018-2022
About HVDC Converter Stations
Power is generated, transmitted, and distributed as alternating current (AC), and generally, 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.
Technavio’s analysts forecast the global HVDC converter stations market to grow at a CAGR of 20.56% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global HVDC converter stations market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
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