Industry: Machinery & Equipment
Published Date: 2024-01-06
Pages: 105 Pages
Report ld: 2161799
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HVDC Converter Station Market Size(US$)

CAGR 2024-2030
6.3%
Market Size,2030
USD 13,700
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
An HVDC converter station (or simply converter station) is a specialised type of substation which forms the terminal equipment for a high-voltage direct current (HVDC) transmission line. It converts direct current to alternating current or the reverse.
The global market for HVDC Converter Station was estimated to be worth US$ 8885.5 million in 2023 and is forecast to a readjusted size of US$ 13700 million by 2030 with a CAGR of 6.3% during the forecast period 2024-2030
Global HVDC Converter Station key players include ABB, Siemens, GE & Alstom Energy, BHEL, Orano etc. Global top five manufacturers hold a share over 80%.
Europe is the largest market, with a share over 40%, followed by North America and Japan, both have a share over 30% percent.
In terms of product, 1001MW-2000MW is the largest segment, with a share over 15%. And in terms of application, the largest application is Interconnecting Networks followed by Underground Power links.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for HVDC Converter Station, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of HVDC Converter Station by region & country, by Type, and by Application.
The HVDC Converter Station market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 HVDC Converter Station.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of HVDC Converter Station manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of HVDC Converter Station in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of HVDC Converter Station in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 HVDC Converter Station Product Introduction
1.2 Global HVDC Converter Station Market Size Forecast
1.2.1 Global HVDC Converter Station Sales Value (2019-2030)
1.2.2 Global HVDC Converter Station Sales Volume (2019-2030)
1.2.3 Global HVDC Converter Station Sales Price (2019-2030)
1.3 HVDC Converter Station Market Trends & Drivers
1.3.1 HVDC Converter Station Industry Trends
1.3.2 HVDC Converter Station Market Drivers & Opportunity
1.3.3 HVDC Converter Station Market Challenges
1.3.4 HVDC Converter Station Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global HVDC Converter Station Players Revenue Ranking (2023)
2.2 Global HVDC Converter Station Revenue by Company (2019-2024)
2.3 Global HVDC Converter Station Players Sales Volume Ranking (2023)
2.4 Global HVDC Converter Station Sales Volume by Company Players (2019-2024)
2.5 Global HVDC Converter Station Average Price by Company (2019-2024)
2.6 Key Manufacturers HVDC Converter Station Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers HVDC Converter Station Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of HVDC Converter Station
2.9 HVDC Converter Station Market Competitive Analysis
2.9.1 HVDC Converter Station Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by HVDC Converter Station Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in HVDC Converter Station as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 0-500MW
3.1.2 501MW-999MW
3.1.3 1000MW-2000MW
3.1.4 2000+ MW
3.2 Global HVDC Converter Station Sales Value by Type
3.2.1 Global HVDC Converter Station Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global HVDC Converter Station Sales Value, by Type (2019-2030)
3.2.3 Global HVDC Converter Station Sales Value, by Type (%) (2019-2030)
3.3 Global HVDC Converter Station Sales Volume by Type
3.3.1 Global HVDC Converter Station Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global HVDC Converter Station Sales Volume, by Type (2019-2030)
3.3.3 Global HVDC Converter Station Sales Volume, by Type (%) (2019-2030)
3.4 Global HVDC Converter Station Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Underground Power links
4.1.2 Powering Island and Remote Loads
4.1.3 Connecting Wind Farms
4.1.4 Interconnecting Networks
4.1.5 Oil & Gas Platforms
4.2 Global HVDC Converter Station Sales Value by Application
4.2.1 Global HVDC Converter Station Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global HVDC Converter Station Sales Value, by Application (2019-2030)
4.2.3 Global HVDC Converter Station Sales Value, by Application (%) (2019-2030)
4.3 Global HVDC Converter Station Sales Volume by Application
4.3.1 Global HVDC Converter Station Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global HVDC Converter Station Sales Volume, by Application (2019-2030)
4.3.3 Global HVDC Converter Station Sales Volume, by Application (%) (2019-2030)
4.4 Global HVDC Converter Station Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global HVDC Converter Station Sales Value by Region
5.1.1 Global HVDC Converter Station Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global HVDC Converter Station Sales Value by Region (2019-2024)
5.1.3 Global HVDC Converter Station Sales Value by Region (2025-2030)
5.1.4 Global HVDC Converter Station Sales Value by Region (%), (2019-2030)
5.2 Global HVDC Converter Station Sales Volume by Region
5.2.1 Global HVDC Converter Station Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global HVDC Converter Station Sales Volume by Region (2019-2024)
5.2.3 Global HVDC Converter Station Sales Volume by Region (2025-2030)
5.2.4 Global HVDC Converter Station Sales Volume by Region (%), (2019-2030)
5.3 Global HVDC Converter Station Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America HVDC Converter Station Sales Value, 2019-2030
5.4.2 North America HVDC Converter Station Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe HVDC Converter Station Sales Value, 2019-2030
5.5.2 Europe HVDC Converter Station Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific HVDC Converter Station Sales Value, 2019-2030
5.6.2 Asia Pacific HVDC Converter Station Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America HVDC Converter Station Sales Value, 2019-2030
5.7.2 South America HVDC Converter Station Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa HVDC Converter Station Sales Value, 2019-2030
5.8.2 Middle East & Africa HVDC Converter Station Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions HVDC Converter Station Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions HVDC Converter Station Sales Value
6.2.1 Key Countries/Regions HVDC Converter Station Sales Value, 2019-2030
6.2.2 Key Countries/Regions HVDC Converter Station Sales Volume, 2019-2030
6.3 United States
6.3.1 United States HVDC Converter Station Sales Value, 2019-2030
6.3.2 United States HVDC Converter Station Sales Value by Type (%), 2023 VS 2030
6.3.3 United States HVDC Converter Station Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe HVDC Converter Station Sales Value, 2019-2030
6.4.2 Europe HVDC Converter Station Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe HVDC Converter Station Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China HVDC Converter Station Sales Value, 2019-2030
6.5.2 China HVDC Converter Station Sales Value by Type (%), 2023 VS 2030
6.5.3 China HVDC Converter Station Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan HVDC Converter Station Sales Value, 2019-2030
6.6.2 Japan HVDC Converter Station Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan HVDC Converter Station Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea HVDC Converter Station Sales Value, 2019-2030
6.7.2 South Korea HVDC Converter Station Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea HVDC Converter Station Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia HVDC Converter Station Sales Value, 2019-2030
6.8.2 Southeast Asia HVDC Converter Station Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia HVDC Converter Station Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India HVDC Converter Station Sales Value, 2019-2030
6.9.2 India HVDC Converter Station Sales Value by Type (%), 2023 VS 2030
6.9.3 India HVDC Converter Station Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 ABB
7.1.1 ABB Company Information
7.1.2 ABB Introduction and Business Overview
7.1.3 ABB HVDC Converter Station Sales, Revenue and Gross Margin (2019-2024)
7.1.4 ABB HVDC Converter Station Product Offerings
7.1.5 ABB Recent Development
7.2 Siemens
7.2.1 Siemens Company Information
7.2.2 Siemens Introduction and Business Overview
7.2.3 Siemens HVDC Converter Station Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Siemens HVDC Converter Station Product Offerings
7.2.5 Siemens Recent Development
7.3 GE & Alstom Energy
7.3.1 GE & Alstom Energy Company Information
7.3.2 GE & Alstom Energy Introduction and Business Overview
7.3.3 GE & Alstom Energy HVDC Converter Station Sales, Revenue and Gross Margin (2019-2024)
7.3.4 GE & Alstom Energy HVDC Converter Station Product Offerings
7.3.5 GE & Alstom Energy Recent Development
7.4 BHEL
7.4.1 BHEL Company Information
7.4.2 BHEL Introduction and Business Overview
7.4.3 BHEL HVDC Converter Station Sales, Revenue and Gross Margin (2019-2024)
7.4.4 BHEL HVDC Converter Station Product Offerings
7.4.5 BHEL Recent Development
7.5 Orano
7.5.1 Orano Company Information
7.5.2 Orano Introduction and Business Overview
7.5.3 Orano HVDC Converter Station Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Orano HVDC Converter Station Product Offerings
7.5.5 Orano Recent Development
7.6 Hitachi
7.6.1 Hitachi Company Information
7.6.2 Hitachi Introduction and Business Overview
7.6.3 Hitachi HVDC Converter Station Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Hitachi HVDC Converter Station Product Offerings
7.6.5 Hitachi Recent Development
7.7 Toshiba
7.7.1 Toshiba Company Information
7.7.2 Toshiba Introduction and Business Overview
7.7.3 Toshiba HVDC Converter Station Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Toshiba HVDC Converter Station Product Offerings
7.7.5 Toshiba Recent Development
7.8 Mitsubishi
7.8.1 Mitsubishi Company Information
7.8.2 Mitsubishi Introduction and Business Overview
7.8.3 Mitsubishi HVDC Converter Station Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Mitsubishi HVDC Converter Station Product Offerings
7.8.5 Mitsubishi Recent Development
8 Industry Chain Analysis
8.1 HVDC Converter Station Industrial Chain
8.2 HVDC Converter Station Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 HVDC Converter Station Sales Model
8.5.2 Sales Channel
8.5.3 HVDC Converter Station Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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