HVDC Transmission System uses direct current for the bulk transmission of electrical power, in contrast with the more common alternating current (AC) systems. For long-distance transmission, HVDC systems may be less expensive and suffer lower electrical losses. For underwater power cables, HVDC avoids the heavy currents required to charge and discharge the cable capacitance each cycle. For shorter distances, the higher cost of DC conversion equipment compared to an AC system may still be justified, due to other benefits of direct current links.
Scope of the Report:
The increasing demand for cost-effective solutions for long distance power transmission and integration of VSC technology across grids to enable system security are the major factors that drives the HVDC transmission system market.
In Asia Pacific (APAC), China and India are the major contributors to the growth of the HVDC transmission system market due to the growing demand for power in these countries. Some other factors affecting the growth of the market in this region include aging power infrastructure, increase in power consumption pattern, economic uncertainties, and low carbon emission initiatives. High power quality along with reliable and stable power transmission are some of the key requirements in the power industry. This factor is driving the growth of the HVDC transmission market in the APAC region.
In China and India, high-power rating projects are more popular as it can supply more power for the huge population. While in Europe, most projects are the low-power rating projects and used for the new energy transmission like the wind energy.
Major players operating in the HVDC transmission market are ABB,Siemens,XD Group, NR Electric,GE Grid Solution, NKT, TBEA, etc. These Chinese players are rising faster through technology joint with the foreign players like ABB and Siemens. And the laters are also expanding their market through this method.
The worldwide market for HVDC Transmission System is expected to grow at a CAGR of roughly 9.9% over the next five years, will reach 13500 million US$ in 2024, from 7650 million US$ in 2019, according to a new study.
This report focuses on the HVDC Transmission System in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
ABB
Siemens
XD Group
NR Electric
GE Grid Solution
NKT
TBEA
Xuji Group
Hitachi
Nexans
Toshiba
Mitsubishi Electric
Abengoa
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
High-power Rating Projects
Low power Rating Projects
Market Segment by Applications, can be divided into
Overhead Transmission
Underground Transmission
Subsea Transmission
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe HVDC Transmission System product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of HVDC Transmission System, with price, sales, revenue and global market share of HVDC Transmission System in 2017 and 2018.
Chapter 3, the HVDC Transmission System competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the HVDC Transmission System breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, HVDC Transmission System market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe HVDC Transmission System sales channel, distributors, customers, research findings and conclusion, appendix and data source.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Market Overview
1.1 HVDC Transmission System Introduction
1.2 Market Analysis by Type
1.2.1 High-power Rating Projects
1.2.2 Low power Rating Projects
1.3 Market Analysis by Applications
1.3.1 Overhead Transmission
1.3.2 Underground Transmission
1.3.3 Subsea Transmission
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2014-2024)
1.4.1.2 Canada Market States and Outlook (2014-2024)
1.4.1.3 Mexico Market States and Outlook (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2014-2024)
1.4.2.2 France Market States and Outlook (2014-2024)
1.4.2.3 UK Market States and Outlook (2014-2024)
1.4.2.4 Russia Market States and Outlook (2014-2024)
1.4.2.5 Italy Market States and Outlook (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2014-2024)
1.4.3.2 Japan Market States and Outlook (2014-2024)
1.4.3.3 Korea Market States and Outlook (2014-2024)
1.4.3.4 India Market States and Outlook (2014-2024)
1.4.3.5 Southeast Asia Market States and Outlook (2014-2024)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2014-2024)
1.4.4.2 Egypt Market States and Outlook (2014-2024)
1.4.4.3 Saudi Arabia Market States and Outlook (2014-2024)
1.4.4.4 South Africa Market States and Outlook (2014-2024)
1.4.4.5 Turkey Market States and Outlook (2014-2024)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 ABB
2.1.1 Business Overview
2.1.2 HVDC Transmission System Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 ABB HVDC Transmission System Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.2 Siemens
2.2.1 Business Overview
2.2.2 HVDC Transmission System Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Siemens HVDC Transmission System Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.3 XD Group
2.3.1 Business Overview
2.3.2 HVDC Transmission System Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 XD Group HVDC Transmission System Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.4 NR Electric
2.4.1 Business Overview
2.4.2 HVDC Transmission System Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 NR Electric HVDC Transmission System Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.5 GE Grid Solution
2.5.1 Business Overview
2.5.2 HVDC Transmission System Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 GE Grid Solution HVDC Transmission System Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.6 NKT
2.6.1 Business Overview
2.6.2 HVDC Transmission System Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 NKT HVDC Transmission System Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.7 TBEA
2.7.1 Business Overview
2.7.2 HVDC Transmission System Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 TBEA HVDC Transmission System Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.8 Xuji Group
2.8.1 Business Overview
2.8.2 HVDC Transmission System Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Xuji Group HVDC Transmission System Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.9 Hitachi
2.9.1 Business Overview
2.9.2 HVDC Transmission System Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Hitachi HVDC Transmission System Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.10 Nexans
2.10.1 Business Overview
2.10.2 HVDC Transmission System Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Nexans HVDC Transmission System Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.11 Toshiba
2.11.1 Business Overview
2.11.2 HVDC Transmission System Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 Toshiba HVDC Transmission System Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.12 Mitsubishi Electric
2.12.1 Business Overview
2.12.2 HVDC Transmission System Type and Applications
2.12.2.1 Product A
2.12.2.2 Product B
2.12.3 Mitsubishi Electric HVDC Transmission System Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.13 Abengoa
2.13.1 Business Overview
2.13.2 HVDC Transmission System Type and Applications
2.13.2.1 Product A
2.13.2.2 Product B
2.13.3 Abengoa HVDC Transmission System Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
3 Global HVDC Transmission System Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global HVDC Transmission System Sales and Market Share by Manufacturer (2017-2018)
3.2 Global HVDC Transmission System Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 HVDC Transmission System Manufacturer Market Share in 2018
3.3.2 Top 6 HVDC Transmission System Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global HVDC Transmission System Market Analysis by Regions
4.1 Global HVDC Transmission System Sales, Revenue and Market Share by Regions
4.1.1 Global HVDC Transmission System Sales and Market Share by Regions (2014-2019)
4.1.2 Global HVDC Transmission System Revenue and Market Share by Regions (2014-2019)
4.2 North America HVDC Transmission System Sales and Growth Rate (2014-2019)
4.3 Europe HVDC Transmission System Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific HVDC Transmission System Sales and Growth Rate (2014-2019)
4.5 South America HVDC Transmission System Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa HVDC Transmission System Sales and Growth Rate (2014-2019)
5 North America HVDC Transmission System by Country
5.1 North America HVDC Transmission System Sales, Revenue and Market Share by Country
5.1.1 North America HVDC Transmission System Sales and Market Share by Country (2014-2019)
5.1.2 North America HVDC Transmission System Revenue and Market Share by Country (2014-2019)
5.2 United States HVDC Transmission System Sales and Growth Rate (2014-2019)
5.3 Canada HVDC Transmission System Sales and Growth Rate (2014-2019)
5.4 Mexico HVDC Transmission System Sales and Growth Rate (2014-2019)
6 Europe HVDC Transmission System by Country
6.1 Europe HVDC Transmission System Sales, Revenue and Market Share by Country
6.1.1 Europe HVDC Transmission System Sales and Market Share by Country (2014-2019)
6.1.2 Europe HVDC Transmission System Revenue and Market Share by Country (2014-2019)
6.2 Germany HVDC Transmission System Sales and Growth Rate (2014-2019)
6.3 UK HVDC Transmission System Sales and Growth Rate (2014-2019)
6.4 France HVDC Transmission System Sales and Growth Rate (2014-2019)
6.5 Russia HVDC Transmission System Sales and Growth Rate (2014-2019)
6.6 Italy HVDC Transmission System Sales and Growth Rate (2014-2019)
7 Asia-Pacific HVDC Transmission System by Country
7.1 Asia-Pacific HVDC Transmission System Sales, Revenue and Market Share by Country
7.1.1 Asia-Pacific HVDC Transmission System Sales and Market Share by Country (2014-2019)
7.1.2 Asia-Pacific HVDC Transmission System Revenue and Market Share by Country (2014-2019)
7.2 China HVDC Transmission System Sales and Growth Rate (2014-2019)
7.3 Japan HVDC Transmission System Sales and Growth Rate (2014-2019)
7.4 Korea HVDC Transmission System Sales and Growth Rate (2014-2019)
7.5 India HVDC Transmission System Sales and Growth Rate (2014-2019)
7.6 Southeast Asia HVDC Transmission System Sales and Growth Rate (2014-2019)
8 South America HVDC Transmission System by Country
8.1 South America HVDC Transmission System Sales, Revenue and Market Share by Country
8.1.1 South America HVDC Transmission System Sales and Market Share by Country (2014-2019)
8.1.2 South America HVDC Transmission System Revenue and Market Share by Country (2014-2019)
8.2 Brazil HVDC Transmission System Sales and Growth Rate (2014-2019)
8.3 Argentina HVDC Transmission System Sales and Growth Rate (2014-2019)
8.4 Colombia HVDC Transmission System Sales and Growth Rate (2014-2019)
9 Middle East and Africa HVDC Transmission System by Countries
9.1 Middle East and Africa HVDC Transmission System Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa HVDC Transmission System Sales and Market Share by Country (2014-2019)
9.1.2 Middle East and Africa HVDC Transmission System Revenue and Market Share by Country (2014-2019)
9.2 Saudi Arabia HVDC Transmission System Sales and Growth Rate (2014-2019)
9.3 Turkey HVDC Transmission System Sales and Growth Rate (2014-2019)
9.4 Egypt HVDC Transmission System Sales and Growth Rate (2014-2019)
9.5 Nigeria HVDC Transmission System Sales and Growth Rate (2014-2019)
9.6 South Africa HVDC Transmission System Sales and Growth Rate (2014-2019)
10 Global HVDC Transmission System Market Segment by Type
10.1 Global HVDC Transmission System Sales, Revenue and Market Share by Type (2014-2019)
10.1.1 Global HVDC Transmission System Sales and Market Share by Type (2014-2019)
10.1.2 Global HVDC Transmission System Revenue and Market Share by Type (2014-2019)
10.2 High-power Rating Projects Sales Growth and Price
10.2.1 Global High-power Rating Projects Sales Growth (2014-2019)
10.2.2 Global High-power Rating Projects Price (2014-2019)
10.3 Low power Rating Projects Sales Growth and Price
10.3.1 Global Low power Rating Projects Sales Growth (2014-2019)
10.3.2 Global Low power Rating Projects Price (2014-2019)
11 Global HVDC Transmission System Market Segment by Application
11.1 Global HVDC Transmission System Sales Market Share by Application (2014-2019)
11.2 Overhead Transmission Sales Growth (2014-2019)
11.3 Underground Transmission Sales Growth (2014-2019)
11.4 Subsea Transmission Sales Growth (2014-2019)
12 HVDC Transmission System Market Forecast (2019-2024)
12.1 Global HVDC Transmission System Sales, Revenue and Growth Rate (2019-2024)
12.2 HVDC Transmission System Market Forecast by Regions (2019-2024)
12.2.1 North America HVDC Transmission System Market Forecast (2019-2024)
12.2.2 Europe HVDC Transmission System Market Forecast (2019-2024)
12.2.3 Asia-Pacific HVDC Transmission System Market Forecast (2019-2024)
12.2.4 South America HVDC Transmission System Market Forecast (2019-2024)
12.2.5 Middle East and Africa HVDC Transmission System Market Forecast (2019-2024)
12.3 HVDC Transmission System Market Forecast by Type (2019-2024)
12.3.1 Global HVDC Transmission System Sales Forecast by Type (2019-2024)
12.3.2 Global HVDC Transmission System Market Share Forecast by Type (2019-2024)
12.4 HVDC Transmission System Market Forecast by Application (2019-2024)
12.4.1 Global HVDC Transmission System Sales Forecast by Application (2019-2024)
12.4.2 Global HVDC Transmission System Market Share Forecast by Application (2019-2024)
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.1.3 Marketing Channel Future Trend
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
List of Tables and Figures
Figure HVDC Transmission System Picture
Table Product Specifications of HVDC Transmission System
Figure Global Sales Market Share of HVDC Transmission System by Types in 20