Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global VSC–HVDC Transmission Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Less than 400 KV
1.2.3 400-800 KV
1.2.4 Above 800 KV
1.3 Market by Application
1.3.1 Global VSC–HVDC Transmission Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Subsea Transmission
1.3.3 Underground Transmission
1.3.4 Overhead Transmission
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global VSC–HVDC Transmission Market Perspective (2019-2030)
2.2 VSC–HVDC Transmission Growth Trends by Region
2.2.1 Global VSC–HVDC Transmission Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 VSC–HVDC Transmission Historic Market Size by Region (2019-2024)
2.2.3 VSC–HVDC Transmission Forecasted Market Size by Region (2025-2030)
2.3 VSC–HVDC Transmission Market Dynamics
2.3.1 VSC–HVDC Transmission Industry Trends
2.3.2 VSC–HVDC Transmission Market Drivers
2.3.3 VSC–HVDC Transmission Market Challenges
2.3.4 VSC–HVDC Transmission Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top VSC–HVDC Transmission Players by Revenue
3.1.1 Global Top VSC–HVDC Transmission Players by Revenue (2019-2024)
3.1.2 Global VSC–HVDC Transmission Revenue Market Share by Players (2019-2024)
3.2 Global VSC–HVDC Transmission Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by VSC–HVDC Transmission Revenue
3.4 Global VSC–HVDC Transmission Market Concentration Ratio
3.4.1 Global VSC–HVDC Transmission Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by VSC–HVDC Transmission Revenue in 2023
3.5 VSC–HVDC Transmission Key Players Head office and Area Served
3.6 Key Players VSC–HVDC Transmission Product Solution and Service
3.7 Date of Enter into VSC–HVDC Transmission Market
3.8 Mergers & Acquisitions, Expansion Plans
4 VSC–HVDC Transmission Breakdown Data by Type
4.1 Global VSC–HVDC Transmission Historic Market Size by Type (2019-2024)
4.2 Global VSC–HVDC Transmission Forecasted Market Size by Type (2025-2030)
5 VSC–HVDC Transmission Breakdown Data by Application
5.1 Global VSC–HVDC Transmission Historic Market Size by Application (2019-2024)
5.2 Global VSC–HVDC Transmission Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America VSC–HVDC Transmission Market Size (2019-2030)
6.2 North America VSC–HVDC Transmission Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America VSC–HVDC Transmission Market Size by Country (2019-2024)
6.4 North America VSC–HVDC Transmission Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe VSC–HVDC Transmission Market Size (2019-2030)
7.2 Europe VSC–HVDC Transmission Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe VSC–HVDC Transmission Market Size by Country (2019-2024)
7.4 Europe VSC–HVDC Transmission 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 VSC–HVDC Transmission Market Size (2019-2030)
8.2 Asia-Pacific VSC–HVDC Transmission Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific VSC–HVDC Transmission Market Size by Region (2019-2024)
8.4 Asia-Pacific VSC–HVDC Transmission 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 VSC–HVDC Transmission Market Size (2019-2030)
9.2 Latin America VSC–HVDC Transmission Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America VSC–HVDC Transmission Market Size by Country (2019-2024)
9.4 Latin America VSC–HVDC Transmission Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa VSC–HVDC Transmission Market Size (2019-2030)
10.2 Middle East & Africa VSC–HVDC Transmission Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa VSC–HVDC Transmission Market Size by Country (2019-2024)
10.4 Middle East & Africa VSC–HVDC Transmission Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Hitachi ABB Power Grids
11.1.1 Hitachi ABB Power Grids Company Detail
11.1.2 Hitachi ABB Power Grids Business Overview
11.1.3 Hitachi ABB Power Grids VSC–HVDC Transmission Introduction
11.1.4 Hitachi ABB Power Grids Revenue in VSC–HVDC Transmission Business (2019-2024)
11.1.5 Hitachi ABB Power Grids Recent Development
11.2 Siemens
11.2.1 Siemens Company Detail
11.2.2 Siemens Business Overview
11.2.3 Siemens VSC–HVDC Transmission Introduction
11.2.4 Siemens Revenue in VSC–HVDC Transmission Business (2019-2024)
11.2.5 Siemens Recent Development
11.3 Prysmian Group
11.3.1 Prysmian Group Company Detail
11.3.2 Prysmian Group Business Overview
11.3.3 Prysmian Group VSC–HVDC Transmission Introduction
11.3.4 Prysmian Group Revenue in VSC–HVDC Transmission Business (2019-2024)
11.3.5 Prysmian Group Recent Development
11.4 XD Group
11.4.1 XD Group Company Detail
11.4.2 XD Group Business Overview
11.4.3 XD Group VSC–HVDC Transmission Introduction
11.4.4 XD Group Revenue in VSC–HVDC Transmission Business (2019-2024)
11.4.5 XD Group Recent Development
11.5 GE Grid Solution
11.5.1 GE Grid Solution Company Detail
11.5.2 GE Grid Solution Business Overview
11.5.3 GE Grid Solution VSC–HVDC Transmission Introduction
11.5.4 GE Grid Solution Revenue in VSC–HVDC Transmission Business (2019-2024)
11.5.5 GE Grid Solution Recent Development
11.6 TBEA
11.6.1 TBEA Company Detail
11.6.2 TBEA Business Overview
11.6.3 TBEA VSC–HVDC Transmission Introduction
11.6.4 TBEA Revenue in VSC–HVDC Transmission Business (2019-2024)
11.6.5 TBEA Recent Development
11.7 Xuji Group
11.7.1 Xuji Group Company Detail
11.7.2 Xuji Group Business Overview
11.7.3 Xuji Group VSC–HVDC Transmission Introduction
11.7.4 Xuji Group Revenue in VSC–HVDC Transmission Business (2019-2024)
11.7.5 Xuji Group Recent Development
11.8 Nexans
11.8.1 Nexans Company Detail
11.8.2 Nexans Business Overview
11.8.3 Nexans VSC–HVDC Transmission Introduction
11.8.4 Nexans Revenue in VSC–HVDC Transmission Business (2019-2024)
11.8.5 Nexans Recent Development
11.9 NKT
11.9.1 NKT Company Detail
11.9.2 NKT Business Overview
11.9.3 NKT VSC–HVDC Transmission Introduction
11.9.4 NKT Revenue in VSC–HVDC Transmission Business (2019-2024)
11.9.5 NKT Recent Development
11.10 Toshiba Energy Systems & Solutions
11.10.1 Toshiba Energy Systems & Solutions Company Detail
11.10.2 Toshiba Energy Systems & Solutions Business Overview
11.10.3 Toshiba Energy Systems & Solutions VSC–HVDC Transmission Introduction
11.10.4 Toshiba Energy Systems & Solutions Revenue in VSC–HVDC Transmission Business (2019-2024)
11.10.5 Toshiba Energy Systems & Solutions Recent Development
11.11 Mitsubishi Electric
11.11.1 Mitsubishi Electric Company Detail
11.11.2 Mitsubishi Electric Business Overview
11.11.3 Mitsubishi Electric VSC–HVDC Transmission Introduction
11.11.4 Mitsubishi Electric Revenue in VSC–HVDC Transmission Business (2019-2024)
11.11.5 Mitsubishi Electric Recent Development
11.12 NR Electric
11.12.1 NR Electric Company Detail
11.12.2 NR Electric Business Overview
11.12.3 NR Electric VSC–HVDC Transmission Introduction
11.12.4 NR Electric Revenue in VSC–HVDC Transmission Business (2019-2024)
11.12.5 NR Electric 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 VSC–HVDC Transmission Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030
Table 2. Key Players of Less than 400 KV
Table 3. Key Players of 400-800 KV
Table 4. Key Players of Above 800 KV
Table 5. Global VSC–HVDC Transmission Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030
Table 6. Global VSC–HVDC Transmission Market Size by Region (US$ Million): 2019 VS 2023 VS 2030
Table 7. Global VSC–HVDC Transmission Market Size by Region (2019-2024) & (US$ Million)
Table 8. Global VSC–HVDC Transmission Market Share by Region (2019-2024)
Table 9. Global VSC–HVDC Transmission Forecasted Market Size by Region (2025-2030) & (US$ Million)
Table 10. Global VSC–HVDC Transmission Market Share by Region (2025-2030)
Table 11. VSC–HVDC Transmission Market Trends
Table 12. VSC–HVDC Transmission Market Drivers
Table 13. VSC–HVDC Transmission Market Challenges
Table 14. VSC–HVDC Transmission Market Restraints
Table 15. Global VSC–HVDC Transmission Revenue by Players (2019-2024) & (US$ Million)
Table 16. Global VSC–HVDC Transmission Market Share by Players (2019-2024)
Table 17. Global Top VSC–HVDC Transmission Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in VSC–HVDC Transmission as of 2023)
Table 18. Ranking of Global Top VSC–HVDC Transmission Companies by Revenue (US$ Million) in 2023
Table 19. Global 5 Largest Players Market Share by VSC–HVDC Transmission Revenue (CR5 and HHI) & (2019-2024)
Table 20. Key Players Headquarters and Area Served
Table 21. Key Players VSC–HVDC Transmission Product Solution and Service
Table 22. Date of Enter into VSC–HVDC Transmission Market
Table 23. Mergers & Acquisitions, Expansion Plans
Table 24. Global VSC–HVDC Transmission Market Size by Type (2019-2024) & (US$ Million)
Table 25. Global VSC–HVDC Transmission Revenue Market Share by Type (2019-2024)
Table 26. Global VSC–HVDC Transmission Forecasted Market Size by Type (2025-2030) & (US$ Million)
Table 27. Global VSC–HVDC Transmission Revenue Market Share by Type (2025-2030)
Table 28. Global VSC–HVDC Transmission Market Size by Application (2019-2024) & (US$ Million)
Table 29. Global VSC–HVDC Transmission Revenue Market Share by Application (2019-2024)
Table 30. Global VSC–HVDC Transmission Forecasted Market Size by Application (2025-2030) & (US$ Million)
Table 31. Global VSC–HVDC Transmission Revenue Market Share by Application (2025-2030)
Table 32. North America VSC–HVDC Transmission Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 33. North America VSC–HVDC Transmission Market Size by Country (2019-2024) & (US$ Million)
Table 34. North America VSC–HVDC Transmission Market Size by Country (2025-2030) & (US$ Million)
Table 35. Europe VSC–HVDC Transmission Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 36. Europe VSC–HVDC Transmission Market Size by Country (2019-2024) & (US$ Million)
Table 37. Europe VSC–HVDC Transmission Market Size by Country (2025-2030) & (US$ Million)
Table 38. Asia-Pacific VSC–HVDC Transmission Market Size Growth Rate by Region (US$ Million): 2019 VS 2023 VS 2030
Table 39. Asia-Pacific VSC–HVDC Transmission Market Size by Region (2019-2024) & (US$ Million)
Table 40. Asia-Pacific VSC–HVDC Transmission Market Size by Region (2025-2030) & (US$ Million)
Table 41. Latin America VSC–HVDC Transmission Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 42. Latin America VSC–HVDC Transmission Market Size by Country (2019-2024) & (US$ Million)
Table 43. Latin America VSC–HVDC Transmission Market Size by Country (2025-2030) & (US$ Million)
Table 44. Middle East & Africa VSC–HVDC Transmission Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 45. Middle East & Africa VSC–HVDC Transmission Market Size by Country (2019-2024) & (US$ Million)
Table 46. Middle East & Africa VSC–HVDC Transmission Market Size by Country (2025-2030) & (US$ Million)
Table 47. Hitachi ABB Power Grids Company Detail
Table 48. Hitachi ABB Power Grids Business Overview
Table 49. Hitachi ABB Power Grids VSC–HVDC Transmission Product
Table 50. Hitachi ABB Power Grids Revenue in VSC–HVDC Transmission Business (2019-2024) & (US$ Million)
Table 51. Hitachi ABB Power Grids Recent Development
Table 52. Siemens Company Detail
Table 53. Siemens Business Overview
Table 54. Siemens VSC–HVDC Transmission Product
Table 55. Siemens Revenue in VSC–HVDC Transmission Business (2019-2024) & (US$ Million)
Table 56. Siemens Recent Development
Table 57. Prysmian Group Company Detail
Table 58. Prysmian Group Business Overview
Table 59. Prysmian Group VSC–HVDC Transmission Product
Table 60. Prysmian Group Revenue in VSC–HVDC Transmission Business (2019-2024) & (US$ Million)
Table 61. Prysmian Group Recent Development
Table 62. XD Group Company Detail
Table 63. XD Group Business Overview
Table 64. XD Group VSC–HVDC Transmission Product
Table 65. XD Group Revenue in VSC–HVDC Transmission Business (2019-2024) & (US$ Million)
Table 66. XD Group Recent Development
Table 67. GE Grid Solution Company Detail
Table 68. GE Grid Solution Business Overview
Table 69. GE Grid Solution VSC–HVDC Transmission Product
Table 70. GE Grid Solution Revenue in VSC–HVDC Transmission Business (2019-2024) & (US$ Million)
Table 71. GE Grid Solution Recent Development
Table 72. TBEA Company Detail
Table 73. TBEA Business Overview
Table 74. TBEA VSC–HVDC Transmission Product
Table 75. TBEA Revenue in VSC–HVDC Transmission Business (2019-2024) & (US$ Million)
Table 76. TBEA Recent Development
Table 77. Xuji Group Company Detail
Table 78. Xuji Group Business Overview
Table 79. Xuji Group VSC–HVDC Transmission Product
Table 80. Xuji Group Revenue in VSC–HVDC Transmission Business (2019-2024) & (US$ Million)
Table 81. Xuji Group Recent Development
Table 82. Nexans Company Detail
Table 83. Nexans Business Overview
Table 84. Nexans VSC–HVDC Transmission Product
Table 85. Nexans Revenue in VSC–HVDC Transmission Business (2019-2024) & (US$ Million)
Table 86. Nexans Recent Development
Table 87. NKT Company Detail
Table 88. NKT Business Overview
Table 89. NKT VSC–HVDC Transmission Product
Table 90. NKT Revenue in VSC–HVDC Transmission Business (2019-2024) & (US$ Million)
Table 91. NKT Recent Development
Table 92. Toshiba Energy Systems & Solutions Company Detail
Table 93. Toshiba Energy Systems & Solutions Business Overview
Table 94. Toshiba Energy Systems & Solutions VSC–HVDC Transmission Product
Table 95. Toshiba Energy Systems & Solutions Revenue in VSC–HVDC Transmission Business (2019-2024) & (US$ Million)
Table 96. Toshiba Energy Systems & Solutions Recent Development
Table 97. Mitsubishi Electric Company Detail
Table 98. Mitsubishi Electric Business Overview
Table 99. Mitsubishi Electric VSC–HVDC Transmission Product
Table 100. Mitsubishi Electric Revenue in VSC–HVDC Transmission Business (2019-2024) & (US$ Million)
Table 101. Mitsubishi Electric Recent Development
Table 102. NR Electric Company Detail
Table 103. NR Electric Business Overview
Table 104. NR Electric VSC–HVDC Transmission Product
Table 105. NR Electric Revenue in VSC–HVDC Transmission Business (2019-2024) & (US$ Million)
Table 106. NR Electric Recent Development
Table 107. Research Programs/Design for This Report
Table 108. Key Data Information from Secondary Sources
Table 109. Key Data Information from Primary Sources
List of Figures
Figure 1. Global VSC–HVDC Transmission Market Size Comparison by Type (2024-2030) & (US$ Million)
Figure 2. Global VSC–HVDC Transmission Market Share by Type: 2023 VS 2030
Figure 3. Less than 400 KV Features
Figure 4. 400-800 KV Features
Figure 5. Above 800 KV Features
Figure 6. Global VSC–HVDC Transmission Market Size Comparison by Application (2024-2030) & (US$ Million)
Figure 7. Global VSC–HVDC Transmission Market Share by Application: 2023 VS 2030
Figure 8. Subsea Transmission Case Studies
Figure 9. Underground Transmission Case Studies
Figure 10. Overhead Transmission Case Studies
Figure 11. VSC–HVDC Transmission Report Years Considered
Figure 12. Global VSC–HVDC Transmission Market Size (US$ Million), Year-over-Year: 2019-2030
Figure 13. Global VSC–HVDC Transmission Market Size, (US$ Million), 2019 VS 2023 VS 2030
Figure 14. Global VSC–HVDC Transmission Market Share by Region: 2023 VS 2030
Figure 15. Global VSC–HVDC Transmission Market Share by Players in 2023
Figure 16. Global Top VSC–HVDC Transmission Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in VSC–HVDC Transmission as of 2023)
Figure 17. The Top 10 and 5 Players Market Share by VSC–HVDC Transmission Revenue in 2023
Figure 18. North America VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 19. North America VSC–HVDC Transmission Market Share by Country (2019-2030)
Figure 20. United States VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 21. Canada VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 22. Europe VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 23. Europe VSC–HVDC Transmission Market Share by Country (2019-2030)
Figure 24. Germany VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 25. France VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 26. U.K. VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 27. Italy VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 28. Russia VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 29. Nordic Countries VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 30. Asia-Pacific VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 31. Asia-Pacific VSC–HVDC Transmission Market Share by Region (2019-2030)
Figure 32. China VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 33. Japan VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 34. South Korea VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 35. Southeast Asia VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 36. India VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 37. Australia VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 38. Latin America VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 39. Latin America VSC–HVDC Transmission Market Share by Country (2019-2030)
Figure 40. Mexico VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 41. Brazil VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 42. Middle East & Africa VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 43. Middle East & Africa VSC–HVDC Transmission Market Share by Country (2019-2030)
Figure 44. Turkey VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 45. Saudi Arabia VSC–HVDC Transmission Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 46. Hitachi ABB Power Grids Revenue Growth Rate in VSC–HVDC Transmission Business (2019-2024)
Figure 47. Siemens Revenue Growth Rate in VSC–HVDC Transmission Business (2019-2024)
Figure 48. Prysmian Group Revenue Growth Rate in VSC–HVDC Transmission Business (2019-2024)
Figure 49. XD Group Revenue Growth Rate in VSC–HVDC Transmission Business (2019-2024)
Figure 50. GE Grid Solution Revenue Growth Rate in VSC–HVDC Transmission Business (2019-2024)
Figure 51. TBEA Revenue Growth Rate in VSC–HVDC Transmission Business (2019-2024)
Figure 52. Xuji Group Revenue Growth Rate in VSC–HVDC Transmission Business (2019-2024)
Figure 53. Nexans Revenue Growth Rate in VSC–HVDC Transmission Business (2019-2024)
Figure 54. NKT Revenue Growth Rate in VSC–HVDC Transmission Business (2019-2024)
Figure 55. Toshiba Energy Systems & Solutions Revenue Growth Rate in VSC–HVDC Transmission Business (2019-2024)
Figure 56. Mitsubishi Electric Revenue Growth Rate in VSC–HVDC Transmission Business (2019-2024)
Figure 57. NR Electric Revenue Growth Rate in VSC–HVDC Transmission Business (2019-2024)
Figure 58. Bottom-up and Top-down Approaches for This Report
Figure 59. Data Triangulation
Figure 60. Key Executives Interviewed