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HVDC (High Voltage Direct Current) System-Global Market Insights and Sales Trends 2024
Synopsis
The global HVDC (High Voltage Direct Current) System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of HVDC (High Voltage Direct Current) System in various end use industries. The expanding demands from the Electric Power Transmission and Special Purpose Applications, are propelling HVDC (High Voltage Direct Current) System market. Two-terminal HVDC System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Multi-terminal HVDC System (MTDC) segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for HVDC (High Voltage Direct Current) System market, driven by demand from China, the second largest economy with some signs of stabilising, the HVDC (High Voltage Direct Current) System market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for HVDC (High Voltage Direct Current) System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global HVDC (High Voltage Direct Current) System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global HVDC (High Voltage Direct Current) System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, HVDC (High Voltage Direct Current) System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of HVDC (High Voltage Direct Current) System covered in this report include ABB, Siemens, GE Grid Solutions, Toshiba and Sumitomo Electric Industries, etc.
The global HVDC (High Voltage Direct Current) System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Siemens
GE Grid Solutions
Toshiba
Sumitomo Electric Industries
Global HVDC (High Voltage Direct Current) System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global HVDC (High Voltage Direct Current) System market, Segment by Type:
Two-terminal HVDC System
Multi-terminal HVDC System (MTDC)
Global HVDC (High Voltage Direct Current) System market, by Application
Electric Power Transmission
Special Purpose Applications
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of HVDC (High Voltage Direct Current) System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
The global HVDC (High Voltage Direct Current) System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of HVDC (High Voltage Direct Current) System in various end use industries. The expanding demands from the Electric Power Transmission and Special Purpose Applications, are propelling HVDC (High Voltage Direct Current) System market. Two-terminal HVDC System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Multi-terminal HVDC System (MTDC) segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for HVDC (High Voltage Direct Current) System market, driven by demand from China, the second largest economy with some signs of stabilising, the HVDC (High Voltage Direct Current) System market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for HVDC (High Voltage Direct Current) System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global HVDC (High Voltage Direct Current) System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global HVDC (High Voltage Direct Current) System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, HVDC (High Voltage Direct Current) System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of HVDC (High Voltage Direct Current) System covered in this report include ABB, Siemens, GE Grid Solutions, Toshiba and Sumitomo Electric Industries, etc.
The global HVDC (High Voltage Direct Current) System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Siemens
GE Grid Solutions
Toshiba
Sumitomo Electric Industries
Global HVDC (High Voltage Direct Current) System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global HVDC (High Voltage Direct Current) System market, Segment by Type:
Two-terminal HVDC System
Multi-terminal HVDC System (MTDC)
Global HVDC (High Voltage Direct Current) System market, by Application
Electric Power Transmission
Special Purpose Applications
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of HVDC (High Voltage Direct Current) System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of HVDC (High Voltage Direct Current) System
1.1 HVDC (High Voltage Direct Current) System Market Overview
1.1.1 HVDC (High Voltage Direct Current) System Product Scope
1.1.2 HVDC (High Voltage Direct Current) System Market Status and Outlook
1.2 Global HVDC (High Voltage Direct Current) System Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global HVDC (High Voltage Direct Current) System Market Size by Region (2018-2029)
1.4 Global HVDC (High Voltage Direct Current) System Historic Market Size by Region (2018-2023)
1.5 Global HVDC (High Voltage Direct Current) System Market Size Forecast by Region (2024-2029)
1.6 Key Regions, HVDC (High Voltage Direct Current) System Market Size (2018-2029)
1.6.1 North America HVDC (High Voltage Direct Current) System Market Size (2018-2029)
1.6.2 Europe HVDC (High Voltage Direct Current) System Market Size (2018-2029)
1.6.3 Asia-Pacific HVDC (High Voltage Direct Current) System Market Size (2018-2029)
1.6.4 Latin America HVDC (High Voltage Direct Current) System Market Size (2018-2029)
1.6.5 Middle East & Africa HVDC (High Voltage Direct Current) System Market Size (2018-2029)
2 HVDC (High Voltage Direct Current) System Market by Type
2.1 Introduction
2.1.1 Two-terminal HVDC System
2.1.2 Multi-terminal HVDC System (MTDC)
2.2 Global HVDC (High Voltage Direct Current) System Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global HVDC (High Voltage Direct Current) System Historic Market Size by Type (2018-2023)
2.2.2 Global HVDC (High Voltage Direct Current) System Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America HVDC (High Voltage Direct Current) System Revenue Breakdown by Type (2018-2029)
2.3.2 Europe HVDC (High Voltage Direct Current) System Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific HVDC (High Voltage Direct Current) System Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America HVDC (High Voltage Direct Current) System Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa HVDC (High Voltage Direct Current) System Revenue Breakdown by Type (2018-2029)
3 HVDC (High Voltage Direct Current) System Market Overview by Application
3.1 Introduction
3.1.1 Electric Power Transmission
3.1.2 Special Purpose Applications
3.2 Global HVDC (High Voltage Direct Current) System Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global HVDC (High Voltage Direct Current) System Historic Market Size by Application (2018-2023)
3.2.2 Global HVDC (High Voltage Direct Current) System Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America HVDC (High Voltage Direct Current) System Revenue Breakdown by Application (2018-2029)
3.3.2 Europe HVDC (High Voltage Direct Current) System Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific HVDC (High Voltage Direct Current) System Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America HVDC (High Voltage Direct Current) System Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa HVDC (High Voltage Direct Current) System Revenue Breakdown by Application (2018-2029)
4 HVDC (High Voltage Direct Current) System Competition Analysis by Players
4.1 Global HVDC (High Voltage Direct Current) System Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in HVDC (High Voltage Direct Current) System as of 2022)
4.3 Date of Key Players Enter into HVDC (High Voltage Direct Current) System Market
4.4 Global Top Players HVDC (High Voltage Direct Current) System Headquarters and Area Served
4.5 Key Players HVDC (High Voltage Direct Current) System Product Solution and Service
4.6 Competitive Status
4.6.1 HVDC (High Voltage Direct Current) System Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ABB
5.1.1 ABB Profile
5.1.2 ABB Main Business
5.1.3 ABB HVDC (High Voltage Direct Current) System Products, Services and Solutions
5.1.4 ABB HVDC (High Voltage Direct Current) System Revenue (US$ Million) & (2018-2023)
5.1.5 ABB Recent Developments
5.2 Siemens
5.2.1 Siemens Profile
5.2.2 Siemens Main Business
5.2.3 Siemens HVDC (High Voltage Direct Current) System Products, Services and Solutions
5.2.4 Siemens HVDC (High Voltage Direct Current) System Revenue (US$ Million) & (2018-2023)
5.2.5 Siemens Recent Developments
5.3 GE Grid Solutions
5.3.1 GE Grid Solutions Profile
5.3.2 GE Grid Solutions Main Business
5.3.3 GE Grid Solutions HVDC (High Voltage Direct Current) System Products, Services and Solutions
5.3.4 GE Grid Solutions HVDC (High Voltage Direct Current) System Revenue (US$ Million) & (2018-2023)
5.3.5 Toshiba Recent Developments
5.4 Toshiba
5.4.1 Toshiba Profile
5.4.2 Toshiba Main Business
5.4.3 Toshiba HVDC (High Voltage Direct Current) System Products, Services and Solutions
5.4.4 Toshiba HVDC (High Voltage Direct Current) System Revenue (US$ Million) & (2018-2023)
5.4.5 Toshiba Recent Developments
5.5 Sumitomo Electric Industries
5.5.1 Sumitomo Electric Industries Profile
5.5.2 Sumitomo Electric Industries Main Business
5.5.3 Sumitomo Electric Industries HVDC (High Voltage Direct Current) System Products, Services and Solutions
5.5.4 Sumitomo Electric Industries HVDC (High Voltage Direct Current) System Revenue (US$ Million) & (2018-2023)
5.5.5 Sumitomo Electric Industries Recent Developments
6 North America
6.1 North America HVDC (High Voltage Direct Current) System Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe HVDC (High Voltage Direct Current) System Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific HVDC (High Voltage Direct Current) System Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America HVDC (High Voltage Direct Current) System Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa HVDC (High Voltage Direct Current) System Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 HVDC (High Voltage Direct Current) System Market Dynamics
11.1 HVDC (High Voltage Direct Current) System Industry Trends
11.2 HVDC (High Voltage Direct Current) System Market Drivers
11.3 HVDC (High Voltage Direct Current) System Market Challenges
11.4 HVDC (High Voltage Direct Current) System Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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