Global HVDC Energy Storage System Market Growth 2025-2031

The global HVDC Energy Storage System market size is predicted to grow from US$ 640 million in 2025 to US$ 867 million in 2031; it is expected to grow at a CAGR of 5.2% from 2025 to 2031.

HVDC energy storage system is an advanced energy storage solution by connecting the energy storage device directly to the medium and high voltage grid without the need for traditional transformer voltage conversion. This technology typically uses power electronic converters to achieve a two-way flow of energy, i.e., to absorb electrical energy from the grid when needed, store it, and release it during peak grid demand or when renewable energy supplies are insufficient.

United States market for HVDC Energy Storage System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for HVDC Energy Storage System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for HVDC Energy Storage System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key HVDC Energy Storage System players cover Siemens, Hitachi, GE, Piller, Calnetix Technologies, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “HVDC Energy Storage System Industry Forecast” looks at past sales and reviews total world HVDC Energy Storage System sales in 2024, providing a comprehensive analysis by region and market sector of projected HVDC Energy Storage System sales for 2025 through 2031. With HVDC Energy Storage System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HVDC Energy Storage System industry.

This Insight Report provides a comprehensive analysis of the global HVDC Energy Storage System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HVDC Energy Storage System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global HVDC Energy Storage System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HVDC Energy Storage System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HVDC Energy Storage System.

This report presents a comprehensive overview, market shares, and growth opportunities of HVDC Energy Storage System market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Battery Energy Storage System
Supercapacitor Energy Storage System
Others

Segmentation by Application:
Electric
Industrial
Energy
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Siemens
Hitachi
GE
Piller
Calnetix Technologies
POWERTHRU
PUNCH Flybrid
Amber Kinetic
Bc New Energy
Kinetic Traction Systems
China Huaneng Group
Zhejiang Wolong Electric
Oriental Hitachi (Chengdu)
Hainan Jinpan Technology
Nanjing Nanrui Electric
Shandong Taikai High Voltage Switch
Jiangsu Weifan Intelligent Electric
China CRRC Group
Xinhuadu Special Electric
Stornetic

Key Questions Addressed in this Report

What is the 10-year outlook for the global HVDC Energy Storage System market?

What factors are driving HVDC Energy Storage System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do HVDC Energy Storage System market opportunities vary by end market size?

How does HVDC Energy Storage System break out by Type, by Application?

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