Latest Report Available at Analytical Research Cognizance HVDC Transmission System Market provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
This report studies the global HVDC Transmission System market status and forecast, categorizes the global HVDC Transmission System market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
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.
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 global HVDC Transmission System market is valued at 7650 million US$ in 2017 and will reach 16200 million US$ by the end of 2025, growing at a CAGR of 9.8% during 2018-2025.
The major manufacturers covered in this report
GE Grid Solution
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Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
Other regions (Central & South America, Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
High-power Rating Projects
Low power Rating Projects
By Application, the market can be split into
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Some Points from Toc:
Chapter One: Industry Overview of HVDC Transmission System
1.1 Definition and Specifications of HVDC Transmission System
1.1.1 Definition of HVDC Transmission System
1.1.2 Specifications of HVDC Transmission System
1.2 Classification of HVDC Transmission System
1.2.1 High-power Rating Projects
1.2.2 Low power Rating Projects
1.3 Applications of HVDC Transmission System
1.3.1 Overhead Transmission
1.3.2 Underground Transmission
1.3.3 Subsea Transmission
1.4 Market Segment by Regions
1.4.1 North America
1.4.5 Southeast Asia
Chapter Two: Manufacturing Cost Structure Analysis of HVDC Transmission System
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of HVDC Transmission System
2.3 Manufacturing Process Analysis of HVDC Transmission System
2.4 Industry Chain Structure of HVDC Transmission System
Chapter Three: Technical Data and Manufacturing Plants Analysis of HVDC Transmission System
3.1 Capacity and Commercial Production Date of Global HVDC Transmission System Major Manufacturers in 2017
3.2 Manufacturing Plants Distribution of Global HVDC Transmission System Major Manufacturers in 2017
3.3 R&D Status and Technology Source of Global HVDC Transmission System Major Manufacturers in 2017
3.4 Raw Materials Sources Analysis of Global HVDC Transmission System Major Manufacturers in 2017
Chapter Four: Global HVDC Transmission System Overall Market Overview
4.1 2013-2018E Overall Market Analysis
4.2 Capacity Analysis
4.2.1 2013-2018E Global HVDC Transmission System Capacity and Growth Rate Analysis
4.2.2 2017 HVDC Transmission System Capacity Analysis (Company Segment)
4.3 Sales Analysis
4.3.1 2013-2018E Global HVDC Transmission System Sales and Growth Rate Analysis
4.3.2 2017 HVDC Transmission System Sales Analysis (Company Segment)
4.4 Sales Price Analysis
4.4.1 2013-2018E Global HVDC Transmission System Sales Price
4.4.2 2017 HVDC Transmission System Sales Price Analysis (Company Segment)
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