Industries > Energy > High Voltage Direct Current (HVDC) Market Report to 2031

High Voltage Direct Current (HVDC) Market Report to 2031

Forecasts by Technology (Capacitor Commutated Converter (CCC), Voltage Source Converter (VSC), Line Commutated Converter (LCC)), Project Type (Point-to-Point, Back-to-Back, and Multi-Terminal), Application (Bulk Power Transmission, Interconnecting Grids, and Infeed Urban Areas), by Region, Country, and Profiles of Leading Companies

PAGES: 399
PRODUCT CODE: ENE0485
SUBMARKET: Electric Power

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The global HVDC transmission market research report estimated a revenue generation of $XX bn in 2020 and is anticipated to grow at a CAGR of almost XX% during the forecast period, i.e., from 2021 to 2031. The report showcased the growth opportunities across the various section.

High voltage direct current (HVDC) is accounted for long-distance power transmission. The HVDC power transmission systems practice direct current for high power electricity transmission. Due to direct current (DC), HVDC systems asynchronously connect power grids in that specific area, eliminating various outage-causing problems. It is considered that the high voltage direct current (HVDC) transmission systems are less expensive for long-distance electricity transmission, and they also produce lower electrical losses. It also enables power transmission from solar panels and wind plants at long distances worldwide.

Growing demand for VSC technology, rising need for optimal long-distance transmission solutions, consumer shift toward renewable energy, and favorable government policies & awareness initiatives for HVDC transmission are the main driving factors for the HVDC transmission market’s growth. Moreover, the rapid increase in energy demand and the global renewable energy sector’s expansion is expected to create substantial growth opportunities for the HVDC transmission systems market near the forecast period. Furthermore, offshore projects, such as wind power plants and offshore oil and gas upstream projects, offer increasing business opportunities for HVDC technology across the world.

Based on the application, the global HVDC transmission market has been segmented into bulk power transmission, interconnecting grids, and infeed urban areas. Moreover, the bulk power transmission segment will be expected to account for the market’s highest revenue market share in the global HVDC transmission market during the forecast period.

What are the global HVDC transmission market prospects?
The definitive new report assesses that the HVDC transmission market will reach $ XX Bn in 2020. The performance of the industry is forecast to accelerate, with an anticipated CAGR of XX% for the next ten-year period 2021-2031, which is expected to drive the industry to a value of $ XX bn by the end of 2031.

The report timely XX pages report reveals how best to compete in this lucrative market space and maximize your company’s potential.

Read on to discover how this report can help you develop your business.

This report addresses pertinent issues:
• Where are the most lucrative market prospects?
• Who are the leading companies and what does the competitive landscape look like?
• What are the regional, technical, and regulatory barriers to market entry?
• What are the technological issues, and roadmap driving the market?
• Why is the market prospering, and how can you fully exploit this?
• When will the market fully mature, and why?

Research and analysis highlights
• Independent, impartial and objective analysis
• 109 tables and 227 graphs illustrating the global HVDC transmission market prospects
• Global HVDC transmission market forecast and analysis 2021-2031
• HVDC transmission submarket forecasts by technology covering the period 2021-2031
• HVDC transmission submarket forecasts by capacitor commutated converter (CCC) from 2021-2031
• HVDC transmission submarket forecasts by voltage source converter (VSC) from 2021-2031
• HVDC transmission submarket forecasts by line commutated converter (LCC) from 2021-2031
• HVDC transmission submarket forecasts by project type covering the period 2021-2031
• HVDC transmission submarket forecasts by point-to-point from 2021-2031
• HVDC transmission submarket forecasts by back-to-back from 2021-2031
• HVDC transmission submarket forecasts by multi-terminal from 2021-2031
• HVDC transmission submarket forecasts by application covering the period 2021-2031
• HVDC transmission submarket forecasts by bulk power transmission from 2021-2031
• HVDC transmission submarket forecasts by interconnecting grids from 2021-2031
• HVDC transmission submarket forecasts by infeed urban areas from 2021-2031
• 24 leading national HVDC transmission market forecasts from 2021-2031
• Profiles of 15 leading companies involved with HVDC transmission with key financial metrics
• Porter’s Five Forces analysis

And there’s more.

How this report will benefit you
• You have almost certainly an excess of conflicting and yet unclear information – you want one definitive report to base your business decisions upon – this report provides that clarity
• Our insightful report speaks to your needs for definitive market data, objective impartial analysis and immediate clear conclusions – to allow you to formulate clear decisive business strategies
• You need the information now in an easily digestible form – this is where this report excels
• Forecasts give you a crucial advantage. That knowledge of the future is central to your strategic decision making.
• Knowledge is vital to you and your business. You need every piece of evidence to inform your crucial investment decisions – let the company give you that clear advantage
• Without this vital report, you will fall behind your competitors

Who should read this report?
• Anyone within the value chain.
• Contractors
• Suppliers
• Technologists
• Government agencies
• Banks
• Business development managers
• Marketing managers
• Investors
• Consultancies

To access the data contained in this document please email contactus@visiongain.com

Buy our report today High Voltage Direct Current (HVDC) Market Report to 2031: Forecasts by Technology (Capacitor Commutated Converter (CCC), Voltage Source Converter (VSC), Line Commutated Converter (LCC)), Project Type (Point-to-Point, Back-to-Back, and Multi-Terminal), Application (Bulk Power Transmission, Interconnecting Grids, and Infeed Urban Areas), by Region, Country, and Profiles of Leading Companies . Avoid missing out by staying informed – order our report now.

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Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com

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