Industry: Machinery & Equipment
Published Date: 2024-01-05
Pages: 98 Pages
Report ld: 2147283
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High-Voltage Direct Current (HVDC) Transmission Systems Market Size(US$)

CAGR 2024-2030
3.5%
Market Size,2030
USD 11,420
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
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. HVDC allows power transmission between unsynchronized AC transmission systems. Since the power flow through an HVDC link can be controlled independently of the phase angle between source and load, it can stabilize a network against disturbances due to rapid changes in power. HVDC also allows transfer of power between grid systems running at different frequencies, such as 50 Hz and 65 Hz. This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.
The global High-Voltage Direct Current (HVDC) Transmission Systems market was valued at US$ 8921 million in 2023 and is anticipated to reach US$ 11420 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
Global HVDC transmission system key players include ABB, Siemens, XD Group, NR Electric, GE Grid Solution, etc. Global top 5 manufacturers hold a share about 57%. China is the largest market, with a share about 46%, followed by Europe, with a share about 22 percent.
This report aims to provide a comprehensive presentation of the global market for High-Voltage Direct Current (HVDC) Transmission Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High-Voltage Direct Current (HVDC) Transmission Systems.
MARKET SEGMENTATION
REPORT SCOPE
The High-Voltage Direct Current (HVDC) Transmission Systems market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global High-Voltage Direct Current (HVDC) Transmission Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the High-Voltage Direct Current (HVDC) Transmission Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of High-Voltage Direct Current (HVDC) Transmission Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of High-Voltage Direct Current (HVDC) Transmission Systems by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of High-Voltage Direct Current (HVDC) Transmission Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
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TABLE OF CONTENTS
1 High-Voltage Direct Current (HVDC) Transmission Systems Market Overview
1.1 Product Definition
1.2 High-Voltage Direct Current (HVDC) Transmission Systems Segment by Type
1.2.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Cables
1.2.3 Converters
1.2.4 Harmonics and Filtering
1.2.5 Converter Transformers
1.3 High-Voltage Direct Current (HVDC) Transmission Systems Segment by Application
1.3.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Submarine HVDC Transmission System
1.3.3 Overhead HVDC Transmission System
1.3.4 Underground HVDC Transmission System
1.4 Global Market Growth Prospects
1.4.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Estimates and Forecasts (2019-2030)
1.4.4 Global High-Voltage Direct Current (HVDC) Transmission Systems Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Market Share by Manufacturers (2019-2024)
2.2 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of High-Voltage Direct Current (HVDC) Transmission Systems, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global High-Voltage Direct Current (HVDC) Transmission Systems Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global High-Voltage Direct Current (HVDC) Transmission Systems Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of High-Voltage Direct Current (HVDC) Transmission Systems, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of High-Voltage Direct Current (HVDC) Transmission Systems, Product Offered and Application
2.8 Global Key Manufacturers of High-Voltage Direct Current (HVDC) Transmission Systems, Date of Enter into This Industry
2.9 High-Voltage Direct Current (HVDC) Transmission Systems Market Competitive Situation and Trends
2.9.1 High-Voltage Direct Current (HVDC) Transmission Systems Market Concentration Rate
2.9.2 Global 5 and 10 Largest High-Voltage Direct Current (HVDC) Transmission Systems Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 High-Voltage Direct Current (HVDC) Transmission Systems Production by Region
3.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Value by Region (2019-2030)
3.2.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of High-Voltage Direct Current (HVDC) Transmission Systems by Region (2025-2030)
3.3 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global High-Voltage Direct Current (HVDC) Transmission Systems Production by Region (2019-2030)
3.4.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of High-Voltage Direct Current (HVDC) Transmission Systems by Region (2025-2030)
3.5 Global High-Voltage Direct Current (HVDC) Transmission Systems Market Price Analysis by Region (2019-2024)
3.6 Global High-Voltage Direct Current (HVDC) Transmission Systems Production and Value, Year-over-Year Growth
3.6.1 North America High-Voltage Direct Current (HVDC) Transmission Systems Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe High-Voltage Direct Current (HVDC) Transmission Systems Production Value Estimates and Forecasts (2019-2030)
3.6.3 China High-Voltage Direct Current (HVDC) Transmission Systems Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan High-Voltage Direct Current (HVDC) Transmission Systems Production Value Estimates and Forecasts (2019-2030)
4 High-Voltage Direct Current (HVDC) Transmission Systems Consumption by Region
4.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global High-Voltage Direct Current (HVDC) Transmission Systems Consumption by Region (2019-2030)
4.2.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Consumption by Region (2019-2024)
4.2.2 Global High-Voltage Direct Current (HVDC) Transmission Systems Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America High-Voltage Direct Current (HVDC) Transmission Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America High-Voltage Direct Current (HVDC) Transmission Systems Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe High-Voltage Direct Current (HVDC) Transmission Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe High-Voltage Direct Current (HVDC) Transmission Systems Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific High-Voltage Direct Current (HVDC) Transmission Systems Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific High-Voltage Direct Current (HVDC) Transmission Systems Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa High-Voltage Direct Current (HVDC) Transmission Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa High-Voltage Direct Current (HVDC) Transmission Systems Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Production by Type (2019-2030)
5.1.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Production by Type (2019-2024)
5.1.2 Global High-Voltage Direct Current (HVDC) Transmission Systems Production by Type (2025-2030)
5.1.3 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Market Share by Type (2019-2030)
5.2 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Value by Type (2019-2030)
5.2.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Value by Type (2019-2024)
5.2.2 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Value by Type (2025-2030)
5.2.3 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Value Market Share by Type (2019-2030)
5.3 Global High-Voltage Direct Current (HVDC) Transmission Systems Price by Type (2019-2030)
6 Segment by Application
6.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Production by Application (2019-2030)
6.1.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Production by Application (2019-2024)
6.1.2 Global High-Voltage Direct Current (HVDC) Transmission Systems Production by Application (2025-2030)
6.1.3 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Market Share by Application (2019-2030)
6.2 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Value by Application (2019-2030)
6.2.1 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Value by Application (2019-2024)
6.2.2 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Value by Application (2025-2030)
6.2.3 Global High-Voltage Direct Current (HVDC) Transmission Systems Production Value Market Share by Application (2019-2030)
6.3 Global High-Voltage Direct Current (HVDC) Transmission Systems Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB High-Voltage Direct Current (HVDC) Transmission Systems Corporation Information
7.1.2 ABB High-Voltage Direct Current (HVDC) Transmission Systems Product Portfolio
7.1.3 ABB High-Voltage Direct Current (HVDC) Transmission Systems Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens High-Voltage Direct Current (HVDC) Transmission Systems Corporation Information
7.2.2 Siemens High-Voltage Direct Current (HVDC) Transmission Systems Product Portfolio
7.2.3 Siemens High-Voltage Direct Current (HVDC) Transmission Systems Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 Schneider Electric
7.3.1 Schneider Electric High-Voltage Direct Current (HVDC) Transmission Systems Corporation Information
7.3.2 Schneider Electric High-Voltage Direct Current (HVDC) Transmission Systems Product Portfolio
7.3.3 Schneider Electric High-Voltage Direct Current (HVDC) Transmission Systems Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Schneider Electric Main Business and Markets Served
7.3.5 Schneider Electric Recent Developments/Updates
7.4 GE
7.4.1 GE High-Voltage Direct Current (HVDC) Transmission Systems Corporation Information
7.4.2 GE High-Voltage Direct Current (HVDC) Transmission Systems Product Portfolio
7.4.3 GE High-Voltage Direct Current (HVDC) Transmission Systems Production, Value, Price and Gross Margin (2019-2024)
7.4.4 GE Main Business and Markets Served
7.4.5 GE Recent Developments/Updates
7.5 Alstom
7.5.1 Alstom High-Voltage Direct Current (HVDC) Transmission Systems Corporation Information
7.5.2 Alstom High-Voltage Direct Current (HVDC) Transmission Systems Product Portfolio
7.5.3 Alstom High-Voltage Direct Current (HVDC) Transmission Systems Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Alstom Main Business and Markets Served
7.5.5 Alstom Recent Developments/Updates
7.6 State Grid Corporation of China
7.6.1 State Grid Corporation of China High-Voltage Direct Current (HVDC) Transmission Systems Corporation Information
7.6.2 State Grid Corporation of China High-Voltage Direct Current (HVDC) Transmission Systems Product Portfolio
7.6.3 State Grid Corporation of China High-Voltage Direct Current (HVDC) Transmission Systems Production, Value, Price and Gross Margin (2019-2024)
7.6.4 State Grid Corporation of China Main Business and Markets Served
7.6.5 State Grid Corporation of China Recent Developments/Updates
7.7 LS Industrial Systems
7.7.1 LS Industrial Systems High-Voltage Direct Current (HVDC) Transmission Systems Corporation Information
7.7.2 LS Industrial Systems High-Voltage Direct Current (HVDC) Transmission Systems Product Portfolio
7.7.3 LS Industrial Systems High-Voltage Direct Current (HVDC) Transmission Systems Production, Value, Price and Gross Margin (2019-2024)
7.7.4 LS Industrial Systems Main Business and Markets Served
7.7.5 LS Industrial Systems Recent Developments/Updates
7.8 Cisco Systems
7.8.1 Cisco Systems High-Voltage Direct Current (HVDC) Transmission Systems Corporation Information
7.8.2 Cisco Systems High-Voltage Direct Current (HVDC) Transmission Systems Product Portfolio
7.8.3 Cisco Systems High-Voltage Direct Current (HVDC) Transmission Systems Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Cisco Systems Main Business and Markets Served
7.7.5 Cisco Systems Recent Developments/Updates
7.9 Doble Engineering
7.9.1 Doble Engineering High-Voltage Direct Current (HVDC) Transmission Systems Corporation Information
7.9.2 Doble Engineering High-Voltage Direct Current (HVDC) Transmission Systems Product Portfolio
7.9.3 Doble Engineering High-Voltage Direct Current (HVDC) Transmission Systems Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Doble Engineering Main Business and Markets Served
7.9.5 Doble Engineering Recent Developments/Updates
7.10 NKT Cables
7.10.1 NKT Cables High-Voltage Direct Current (HVDC) Transmission Systems Corporation Information
7.10.2 NKT Cables High-Voltage Direct Current (HVDC) Transmission Systems Product Portfolio
7.10.3 NKT Cables High-Voltage Direct Current (HVDC) Transmission Systems Production, Value, Price and Gross Margin (2019-2024)
7.10.4 NKT Cables Main Business and Markets Served
7.10.5 NKT Cables Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 High-Voltage Direct Current (HVDC) Transmission Systems Industry Chain Analysis
8.2 High-Voltage Direct Current (HVDC) Transmission Systems Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 High-Voltage Direct Current (HVDC) Transmission Systems Production Mode & Process
8.4 High-Voltage Direct Current (HVDC) Transmission Systems Sales and Marketing
8.4.1 High-Voltage Direct Current (HVDC) Transmission Systems Sales Channels
8.4.2 High-Voltage Direct Current (HVDC) Transmission Systems Distributors
8.5 High-Voltage Direct Current (HVDC) Transmission Systems Customers
9 High-Voltage Direct Current (HVDC) Transmission Systems Market Dynamics
9.1 High-Voltage Direct Current (HVDC) Transmission Systems Industry Trends
9.2 High-Voltage Direct Current (HVDC) Transmission Systems Market Drivers
9.3 High-Voltage Direct Current (HVDC) Transmission Systems Market Challenges
9.4 High-Voltage Direct Current (HVDC) Transmission Systems Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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Published: 2026-07-15
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Published: 2024-04-25
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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