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Synopsis
The global HVDC (High Voltage Direct Current) System market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for HVDC (High Voltage Direct Current) System is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for HVDC (High Voltage Direct Current) System is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for HVDC (High Voltage Direct Current) System in Electric Power Transmission is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of HVDC (High Voltage Direct Current) System include ABB, Siemens, GE Grid Solutions, Toshiba and Sumitomo Electric Industries, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for HVDC (High Voltage Direct Current) System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HVDC (High Voltage Direct Current) System.
Report Scope
The HVDC (High Voltage Direct Current) System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global HVDC (High Voltage Direct Current) System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the HVDC (High Voltage Direct Current) System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company (Partial List)
Segment by Type
Segment by Application
Consumption by Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of HVDC (High Voltage Direct Current) System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global HVDC (High Voltage Direct Current) System Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Two-terminal HVDC System
1.2.3 Multi-terminal HVDC System (MTDC)
1.3 Market by Application
1.3.1 Global HVDC (High Voltage Direct Current) System Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Electric Power Transmission
1.3.3 Special Purpose Applications
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global HVDC (High Voltage Direct Current) System Market Perspective (2019-2030)
2.2 HVDC (High Voltage Direct Current) System Growth Trends by Region
2.2.1 Global HVDC (High Voltage Direct Current) System Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 HVDC (High Voltage Direct Current) System Historic Market Size by Region (2019-2024)
2.2.3 HVDC (High Voltage Direct Current) System Forecasted Market Size by Region (2025-2030)
2.3 HVDC (High Voltage Direct Current) System Market Dynamics
2.3.1 HVDC (High Voltage Direct Current) System Industry Trends
2.3.2 HVDC (High Voltage Direct Current) System Market Drivers
2.3.3 HVDC (High Voltage Direct Current) System Market Challenges
2.3.4 HVDC (High Voltage Direct Current) System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top HVDC (High Voltage Direct Current) System Players by Revenue
3.1.1 Global Top HVDC (High Voltage Direct Current) System Players by Revenue (2019-2024)
3.1.2 Global HVDC (High Voltage Direct Current) System Revenue Market Share by Players (2019-2024)
3.2 Global HVDC (High Voltage Direct Current) System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by HVDC (High Voltage Direct Current) System Revenue
3.4 Global HVDC (High Voltage Direct Current) System Market Concentration Ratio
3.4.1 Global HVDC (High Voltage Direct Current) System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by HVDC (High Voltage Direct Current) System Revenue in 2023
3.5 HVDC (High Voltage Direct Current) System Key Players Head office and Area Served
3.6 Key Players HVDC (High Voltage Direct Current) System Product Solution and Service
3.7 Date of Enter into HVDC (High Voltage Direct Current) System Market
3.8 Mergers & Acquisitions, Expansion Plans
4 HVDC (High Voltage Direct Current) System Breakdown Data by Type
4.1 Global HVDC (High Voltage Direct Current) System Historic Market Size by Type (2019-2024)
4.2 Global HVDC (High Voltage Direct Current) System Forecasted Market Size by Type (2025-2030)
5 HVDC (High Voltage Direct Current) System Breakdown Data by Application
5.1 Global HVDC (High Voltage Direct Current) System Historic Market Size by Application (2019-2024)
5.2 Global HVDC (High Voltage Direct Current) System Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America HVDC (High Voltage Direct Current) System Market Size (2019-2030)
6.2 North America HVDC (High Voltage Direct Current) System Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America HVDC (High Voltage Direct Current) System Market Size by Country (2019-2024)
6.4 North America HVDC (High Voltage Direct Current) System Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe HVDC (High Voltage Direct Current) System Market Size (2019-2030)
7.2 Europe HVDC (High Voltage Direct Current) System Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe HVDC (High Voltage Direct Current) System Market Size by Country (2019-2024)
7.4 Europe HVDC (High Voltage Direct Current) System Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific HVDC (High Voltage Direct Current) System Market Size (2019-2030)
8.2 Asia-Pacific HVDC (High Voltage Direct Current) System Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific HVDC (High Voltage Direct Current) System Market Size by Region (2019-2024)
8.4 Asia-Pacific HVDC (High Voltage Direct Current) System Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America HVDC (High Voltage Direct Current) System Market Size (2019-2030)
9.2 Latin America HVDC (High Voltage Direct Current) System Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America HVDC (High Voltage Direct Current) System Market Size by Country (2019-2024)
9.4 Latin America HVDC (High Voltage Direct Current) System Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa HVDC (High Voltage Direct Current) System Market Size (2019-2030)
10.2 Middle East & Africa HVDC (High Voltage Direct Current) System Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa HVDC (High Voltage Direct Current) System Market Size by Country (2019-2024)
10.4 Middle East & Africa HVDC (High Voltage Direct Current) System Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Detail
11.1.2 ABB Business Overview
11.1.3 ABB HVDC (High Voltage Direct Current) System Introduction
11.1.4 ABB Revenue in HVDC (High Voltage Direct Current) System Business (2019-2024)
11.1.5 ABB Recent Development
11.2 Siemens
11.2.1 Siemens Company Detail
11.2.2 Siemens Business Overview
11.2.3 Siemens HVDC (High Voltage Direct Current) System Introduction
11.2.4 Siemens Revenue in HVDC (High Voltage Direct Current) System Business (2019-2024)
11.2.5 Siemens Recent Development
11.3 GE Grid Solutions
11.3.1 GE Grid Solutions Company Detail
11.3.2 GE Grid Solutions Business Overview
11.3.3 GE Grid Solutions HVDC (High Voltage Direct Current) System Introduction
11.3.4 GE Grid Solutions Revenue in HVDC (High Voltage Direct Current) System Business (2019-2024)
11.3.5 GE Grid Solutions Recent Development
11.4 Toshiba
11.4.1 Toshiba Company Detail
11.4.2 Toshiba Business Overview
11.4.3 Toshiba HVDC (High Voltage Direct Current) System Introduction
11.4.4 Toshiba Revenue in HVDC (High Voltage Direct Current) System Business (2019-2024)
11.4.5 Toshiba Recent Development
11.5 Sumitomo Electric Industries
11.5.1 Sumitomo Electric Industries Company Detail
11.5.2 Sumitomo Electric Industries Business Overview
11.5.3 Sumitomo Electric Industries HVDC (High Voltage Direct Current) System Introduction
11.5.4 Sumitomo Electric Industries Revenue in HVDC (High Voltage Direct Current) System Business (2019-2024)
11.5.5 Sumitomo Electric Industries Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
List of Tables
List of Tables
Table 1. Global HVDC (High Voltage Direct Current) System Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030
Table 2. Key Players of Two-terminal HVDC System
Table 3. Key Players of Multi-terminal HVDC System (MTDC)
Table 4. Global HVDC (High Voltage Direct Current) System Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030
Table 5. Global HVDC (High Voltage Direct Current) System Market Size by Region (US$ Million): 2019 VS 2023 VS 2030
Table 6. Global HVDC (High Voltage Direct Current) System Market Size by Region (2019-2024) & (US$ Million)
Table 7. Global HVDC (High Voltage Direct Current) System Market Share by Region (2019-2024)
Table 8. Global HVDC (High Voltage Direct Current) System Forecasted Market Size by Region (2025-2030) & (US$ Million)
Table 9. Global HVDC (High Voltage Direct Current) System Market Share by Region (2025-2030)
Table 10. HVDC (High Voltage Direct Current) System Market Trends
Table 11. HVDC (High Voltage Direct Current) System Market Drivers
Table 12. HVDC (High Voltage Direct Current) System Market Challenges
Table 13. HVDC (High Voltage Direct Current) System Market Restraints
Table 14. Global HVDC (High Voltage Direct Current) System Revenue by Players (2019-2024) & (US$ Million)
Table 15. Global HVDC (High Voltage Direct Current) System Market Share by Players (2019-2024)
Table 16. Global Top HVDC (High Voltage Direct Current) System Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in HVDC (High Voltage Direct Current) System as of 2023)
Table 17. Ranking of Global Top HVDC (High Voltage Direct Current) System Companies by Revenue (US$ Million) in 2023
Table 18. Global 5 Largest Players Market Share by HVDC (High Voltage Direct Current) System Revenue (CR5 and HHI) & (2019-2024)
Table 19. Key Players Headquarters and Area Served
Table 20. Key Players HVDC (High Voltage Direct Current) System Product Solution and Service
Table 21. Date of Enter into HVDC (High Voltage Direct Current) System Market
Table 22. Mergers & Acquisitions, Expansion Plans
Table 23. Global HVDC (High Voltage Direct Current) System Market Size by Type (2019-2024) & (US$ Million)
Table 24. Global HVDC (High Voltage Direct Current) System Revenue Market Share by Type (2019-2024)
Table 25. Global HVDC (High Voltage Direct Current) System Forecasted Market Size by Type (2025-2030) & (US$ Million)
Table 26. Global HVDC (High Voltage Direct Current) System Revenue Market Share by Type (2025-2030)
Table 27. Global HVDC (High Voltage Direct Current) System Market Size by Application (2019-2024) & (US$ Million)
Table 28. Global HVDC (High Voltage Direct Current) System Revenue Market Share by Application (2019-2024)
Table 29. Global HVDC (High Voltage Direct Current) System Forecasted Market Size by Application (2025-2030) & (US$ Million)
Table 30. Global HVDC (High Voltage Direct Current) System Revenue Market Share by Application (2025-2030)
Table 31. North America HVDC (High Voltage Direct Current) System Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 32. North America HVDC (High Voltage Direct Current) System Market Size by Country (2019-2024) & (US$ Million)
Table 33. North America HVDC (High Voltage Direct Current) System Market Size by Country (2025-2030) & (US$ Million)
Table 34. Europe HVDC (High Voltage Direct Current) System Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 35. Europe HVDC (High Voltage Direct Current) System Market Size by Country (2019-2024) & (US$ Million)
Table 36. Europe HVDC (High Voltage Direct Current) System Market Size by Country (2025-2030) & (US$ Million)
Table 37. Asia-Pacific HVDC (High Voltage Direct Current) System Market Size Growth Rate by Region (US$ Million): 2019 VS 2023 VS 2030
Table 38. Asia-Pacific HVDC (High Voltage Direct Current) System Market Size by Region (2019-2024) & (US$ Million)
Table 39. Asia-Pacific HVDC (High Voltage Direct Current) System Market Size by Region (2025-2030) & (US$ Million)
Table 40. Latin America HVDC (High Voltage Direct Current) System Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 41. Latin America HVDC (High Voltage Direct Current) System Market Size by Country (2019-2024) & (US$ Million)
Table 42. Latin America HVDC (High Voltage Direct Current) System Market Size by Country (2025-2030) & (US$ Million)
Table 43. Middle East & Africa HVDC (High Voltage Direct Current) System Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 44. Middle East & Africa HVDC (High Voltage Direct Current) System Market Size by Country (2019-2024) & (US$ Million)
Table 45. Middle East & Africa HVDC (High Voltage Direct Current) System Market Size by Country (2025-2030) & (US$ Million)
Table 46. ABB Company Detail
Table 47. ABB Business Overview
Table 48. ABB HVDC (High Voltage Direct Current) System Product
Table 49. ABB Revenue in HVDC (High Voltage Direct Current) System Business (2019-2024) & (US$ Million)
Table 50. ABB Recent Development
Table 51. Siemens Company Detail
Table 52. Siemens Business Overview
Table 53. Siemens HVDC (High Voltage Direct Current) System Product
Table 54. Siemens Revenue in HVDC (High Voltage Direct Current) System Business (2019-2024) & (US$ Million)
Table 55. Siemens Recent Development
Table 56. GE Grid Solutions Company Detail
Table 57. GE Grid Solutions Business Overview
Table 58. GE Grid Solutions HVDC (High Voltage Direct Current) System Product
Table 59. GE Grid Solutions Revenue in HVDC (High Voltage Direct Current) System Business (2019-2024) & (US$ Million)
Table 60. GE Grid Solutions Recent Development
Table 61. Toshiba Company Detail
Table 62. Toshiba Business Overview
Table 63. Toshiba HVDC (High Voltage Direct Current) System Product
Table 64. Toshiba Revenue in HVDC (High Voltage Direct Current) System Business (2019-2024) & (US$ Million)
Table 65. Toshiba Recent Development
Table 66. Sumitomo Electric Industries Company Detail
Table 67. Sumitomo Electric Industries Business Overview
Table 68. Sumitomo Electric Industries HVDC (High Voltage Direct Current) System Product
Table 69. Sumitomo Electric Industries Revenue in HVDC (High Voltage Direct Current) System Business (2019-2024) & (US$ Million)
Table 70. Sumitomo Electric Industries Recent Development
Table 71. Research Programs/Design for This Report
Table 72. Key Data Information from Secondary Sources
Table 73. Key Data Information from Primary Sources
List of Figures
Figure 1. Global HVDC (High Voltage Direct Current) System Market Size Comparison by Type (2024-2030) & (US$ Million)
Figure 2. Global HVDC (High Voltage Direct Current) System Market Share by Type: 2023 VS 2030
Figure 3. Two-terminal HVDC System Features
Figure 4. Multi-terminal HVDC System (MTDC) Features
Figure 5. Global HVDC (High Voltage Direct Current) System Market Size Comparison by Application (2024-2030) & (US$ Million)
Figure 6. Global HVDC (High Voltage Direct Current) System Market Share by Application: 2023 VS 2030
Figure 7. Electric Power Transmission Case Studies
Figure 8. Special Purpose Applications Case Studies
Figure 9. HVDC (High Voltage Direct Current) System Report Years Considered
Figure 10. Global HVDC (High Voltage Direct Current) System Market Size (US$ Million), Year-over-Year: 2019-2030
Figure 11. Global HVDC (High Voltage Direct Current) System Market Size, (US$ Million), 2019 VS 2023 VS 2030
Figure 12. Global HVDC (High Voltage Direct Current) System Market Share by Region: 2023 VS 2030
Figure 13. Global HVDC (High Voltage Direct Current) System Market Share by Players in 2023
Figure 14. Global Top HVDC (High Voltage Direct Current) System Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in HVDC (High Voltage Direct Current) System as of 2023)
Figure 15. The Top 10 and 5 Players Market Share by HVDC (High Voltage Direct Current) System Revenue in 2023
Figure 16. North America HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 17. North America HVDC (High Voltage Direct Current) System Market Share by Country (2019-2030)
Figure 18. United States HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 19. Canada HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 20. Europe HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 21. Europe HVDC (High Voltage Direct Current) System Market Share by Country (2019-2030)
Figure 22. Germany HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 23. France HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 24. U.K. HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 25. Italy HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 26. Russia HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 27. Nordic Countries HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 28. Asia-Pacific HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 29. Asia-Pacific HVDC (High Voltage Direct Current) System Market Share by Region (2019-2030)
Figure 30. China HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 31. Japan HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 32. South Korea HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 33. Southeast Asia HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 34. India HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 35. Australia HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 36. Latin America HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 37. Latin America HVDC (High Voltage Direct Current) System Market Share by Country (2019-2030)
Figure 38. Mexico HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 39. Brazil HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 40. Middle East & Africa HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 41. Middle East & Africa HVDC (High Voltage Direct Current) System Market Share by Country (2019-2030)
Figure 42. Turkey HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 43. Saudi Arabia HVDC (High Voltage Direct Current) System Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 44. ABB Revenue Growth Rate in HVDC (High Voltage Direct Current) System Business (2019-2024)
Figure 45. Siemens Revenue Growth Rate in HVDC (High Voltage Direct Current) System Business (2019-2024)
Figure 46. GE Grid Solutions Revenue Growth Rate in HVDC (High Voltage Direct Current) System Business (2019-2024)
Figure 47. Toshiba Revenue Growth Rate in HVDC (High Voltage Direct Current) System Business (2019-2024)
Figure 48. Sumitomo Electric Industries Revenue Growth Rate in HVDC (High Voltage Direct Current) System Business (2019-2024)
Figure 49. Bottom-up and Top-down Approaches for This Report
Figure 50. Data Triangulation
Figure 51. Key Executives Interviewed
Published By : QY Research