Report Overview:
HVDC (High Voltage Direct Current) transmission is a technology used for transmitting large amounts of electric power over long distances, typically from remote power generation sources such as hydroelectric plants to population centers.
HVDC transmission uses direct current (DC) instead of alternating current (AC) that is commonly used in traditional power transmission systems. The DC power is generated at a high voltage and then converted to a lower voltage for transmission over long distances. At the receiving end, the voltage is then converted back to AC for distribution to the end-users.
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There are several advantages to using HVDC transmission over traditional AC transmission. HVDC transmission has lower transmission losses over long distances, which makes it more efficient for transmitting power over large distances. It also requires fewer conductors, which can reduce the cost of building transmission lines. Additionally, HVDC transmission systems can be designed to control the power flow, making it easier to integrate renewable energy sources into the grid.
Competitive Analysis:
The HVDC (High Voltage Direct Current) transmission market report gives the complete competitive analysis which includes competitor identification, product and service comparison, marketing and sales strategies, financial analysis, competitor strengths and weaknesses along with their size, sales, revenue and growth strategies.
The Major Key Players Included in the Report:
- ABB (Switzerland)
- Siemens (Germany)
- General Electric (US)
- Toshiba (Japan)
- Mitsubishi Electric (Japan)
- Nexans (France)
- NKT A/S (Denmark)
- Hitachi (Japan)
- Sumitomo Electric (Japan)
- Schneider Electric (France)
- NR Electric (China)
- Prysmian Group (Italy)
- American Superconductor (US)
- LS Industrial (Korea)
- C-EPRI Electric Power Engineering (China)
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Market Segmentation Analysis:
The report focuses on studying the HVDC (High Voltage Direct Current) transmission market on the basis of segments by manufacturers, by type, by application, by region and country. It also offers information about market size (value, volume, sales and revenue) and CAGR for the historical period (2017-2020) and forecast period (2022-2028), considering 2021 as the base year.
Segmentation by Types:
- Capacitor Commutated Converter (CCC)
- Voltage Source Converter (VSC)
- Line Commutated Converter (LCC) (Thyristor Based)
Segmentation by Applications:
- Underground Power Transmission
- Grid Interconnection
- Offshore Power Transmission
- Other
HVDC transmission systems typically consist of a converter station at each end of the transmission line. These converter stations convert AC power to DC power at the sending end, and then convert it back to AC power at the receiving end.
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Geographic Segmentation:
-North America (USA, Canada, Mexico)
-Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
-Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
-South America (Brazil, Argentina, Columbia, Rest of South America)
-The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
North America: The North American HVDC transmission market is primarily driven by the increasing demand for renewable energy, the need to upgrade aging power infrastructure, and the growing trend of interconnecting different power grids. The United States and Canada are the major countries in the region contributing to the growth of the HVDC transmission market.
TABLE OF CONTENTS
Chapter 1: HVDC (High Voltage Direct Current) transmission Market Overview
Chapter 2: Market Competition by Manufacturers
Chapter 3: Production Capacity by Region
Chapter 4: HVDC (High Voltage Direct Current) transmission Consumption by Region
Chapter 5: Segment by Type
Chapter 6: Segment by Application
Chapter 7: Key Companies Profiled
Chapter 8: HVDC (High Voltage Direct Current) transmission Manufacturing Cost Analysis
Chapter 9: Marketing Channel, Distributors and Customers
Chapter 10: Market Dynamics
Chapter 11: Production and Supply Forecast
Chapter 12: Consumption and Demand Forecast
Chapter 13: Forecast by Type and by Application (2023-2028)
Chapter 14: Research Finding and Conclusion
Chapter 15: Methodology and Data Source
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