HVDC Transmission Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The Global HVDC Transmission Market size is expected to grow at an annual average of 5.93% during 2021-2027. High voltage direct current transmission (HDVC) is a large amount of power transmission over long distances. The system is also connected through the power grid in a specific area, eliminating problems related to electricity loss as well. HDVC is inexpensive and is the most efficient solution for transferring power generated by solar and wind farms over long distances. It uses voltages between 100kV and 800kV and keeps each grid economical.

The following Segmentation are covered in this report:

By Component:

• Converter Stations
• Transmission Cables
• Others

By Technology:

• Capacitor Commutated Converter (CCC) based
• Voltage Source Converter (VSC) based
• Line Commutated Converter (LCC) based

By Project Type:

• Point-to-Point
• Back-to-Back
• Multi-terminal

By Application:

• Bulk Power Transmission
• Interconnecting Grids
• Infeed Urban Areas

Scope of the Report

The research study analyses the global HVDC Transmission industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Key Questions Answered by HVDC Transmission Market Report

• What was the HVDC Transmission Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of HVDC Transmission Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the HVDC Transmission Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.