HVDC Transmission System Comprehensive Study by Power Ratings (Below 1000 MWs, 1001 to 2000 MWs, Above 2000 MWs), Technology (Capacitor Commutated Converter (CCC), Voltage Source Converter (VSC), Line Commutated Converter (LCC)), Deployment (Overhead, Underground, Subsea, Combination), Component (AC & DC Harmonic Filters, Converters, DC Lines, Circuit Breakers, Others) Players and Region - Global Market Outlook to 2030

HVDC Transmission System Market by XX Submarkets | Forecast Years 2024-2030 | CAGR: 8.4%  

  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
HVDC Transmission System Market Scope
High Voltage Direct Current (HVDC), is a well-proven technology that is used to transmit electricity over long distances by submarine cables or overhead transmission lines. HVDC is also used to interconnect separate power systems, where traditional alternating current (AC) connections cannot be used. In an HVDC system, electric power is taken from one point in a three-phase AC network, rehabilitated to DC in a converter station, transmitted to the receiving point by an overhead line or cable and then converted back to AC in another converter station and inoculated into the receiving AC network. Normally, an HVDC transmission has a rated power of more than 100 MW and many are in the 1,000 to 3,000 MW range.

AttributesDetails
Study Period2018-2030
Base Year2023
UnitValue (USD Million)
Key Companies ProfiledABB Ltd (Switzerland), Siemens AG (Germany), Toshiba Corporation (Japan), General Electric (United States), Schneider Electric (France), Mitsubishi Electric Corporation (Japan), Prysmian Group (Italy), Hitachi (Japan), Nexans (France) and TransGrid Solutions Inc. (Canada)
CAGR8.4%


Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product. Research Analyst at AMA estimates that European Manufacturers will contribute to the maximum growth of Global HVDC Transmission System market throughout the predicted period.

ABB Ltd (Switzerland), Siemens AG (Germany), Toshiba Corporation (Japan), General Electric (United States), Schneider Electric (France), Mitsubishi Electric Corporation (Japan), Prysmian Group (Italy), Hitachi (Japan), Nexans (France) and TransGrid Solutions Inc. (Canada) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Abengoa S.A. (Spain), ATCO Ltd. (Canada) and LS Industrial Systems Co., Ltd. (South Korea).

About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.

Segmentation Overview
The study have segmented the market of Global HVDC Transmission System market by Type and Region with country level break-up.

On the basis of geography, the market of HVDC Transmission System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2023.

Market Leaders and their expansionary development strategies
In February 2023, Hitachi Energy inaugurated a new HVDC and power quality factory in Chennai, India. The factory will manufacture advanced power electronics for HVDC Light, HVDC Classic, and STATCOM, along with MACH control and protection system.
On Sep 19, 2019 - Prysmian Group, a world leader in the energy and telecom cable systems industry, successfully completed the submarine laying operations for the Evia, Andros and Tinos islands interconnections.


Influencing Trend:
Increasing Demand for Power

Market Growth Drivers:
Increasing Urbanization across the Globe and Growing Government Initiatives Pertaining To a Shift towards Renewable Energy

Challenges:
Regulatory Standards of Respective Governments

Restraints:
Loss of Electrical Energy during Transmission and Distribution

Opportunities:
Rising Investments to Establish a Sustainable Electrical Network

Key Target Audience
HVDC Transmission System Providers, Suppliers of Raw Materials, Power Industry, Governmental Bodies and Research Organization

Report Objectives / Segmentation Covered

By Power Ratings
  • Below 1000 MWs
  • 1001 to 2000 MWs
  • Above 2000 MWs

By Technology
  • Capacitor Commutated Converter (CCC)
  • Voltage Source Converter (VSC)
  • Line Commutated Converter (LCC)

By Deployment
  • Overhead
  • Underground
  • Subsea
  • Combination

By Component
  • AC & DC Harmonic Filters
  • Converters
  • DC Lines
  • Circuit Breakers
  • Others

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Increasing Urbanization across the Globe
      • 3.2.2. Growing Government Initiatives Pertaining To a Shift towards Renewable Energy
    • 3.3. Market Challenges
      • 3.3.1. Regulatory Standards of Respective Governments
    • 3.4. Market Trends
      • 3.4.1. Increasing Demand for Power
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global HVDC Transmission System, by Power Ratings, Technology, Deployment, Component and Region (value and price ) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global HVDC Transmission System (Value)
      • 5.2.1. Global HVDC Transmission System by: Power Ratings (Value)
        • 5.2.1.1. Below 1000 MWs
        • 5.2.1.2. 1001 to 2000 MWs
        • 5.2.1.3. Above 2000 MWs
      • 5.2.2. Global HVDC Transmission System by: Technology (Value)
        • 5.2.2.1. Capacitor Commutated Converter (CCC)
        • 5.2.2.2. Voltage Source Converter (VSC)
        • 5.2.2.3. Line Commutated Converter (LCC)
      • 5.2.3. Global HVDC Transmission System by: Deployment (Value)
        • 5.2.3.1. Overhead
        • 5.2.3.2. Underground
        • 5.2.3.3. Subsea
        • 5.2.3.4. Combination
      • 5.2.4. Global HVDC Transmission System by: Component (Value)
        • 5.2.4.1. AC & DC Harmonic Filters
        • 5.2.4.2. Converters
        • 5.2.4.3. DC Lines
        • 5.2.4.4. Circuit Breakers
        • 5.2.4.5. Others
      • 5.2.5. Global HVDC Transmission System Region
        • 5.2.5.1. South America
          • 5.2.5.1.1. Brazil
          • 5.2.5.1.2. Argentina
          • 5.2.5.1.3. Rest of South America
        • 5.2.5.2. Asia Pacific
          • 5.2.5.2.1. China
          • 5.2.5.2.2. Japan
          • 5.2.5.2.3. India
          • 5.2.5.2.4. South Korea
          • 5.2.5.2.5. Taiwan
          • 5.2.5.2.6. Australia
          • 5.2.5.2.7. Rest of Asia-Pacific
        • 5.2.5.3. Europe
          • 5.2.5.3.1. Germany
          • 5.2.5.3.2. France
          • 5.2.5.3.3. Italy
          • 5.2.5.3.4. United Kingdom
          • 5.2.5.3.5. Netherlands
          • 5.2.5.3.6. Rest of Europe
        • 5.2.5.4. MEA
          • 5.2.5.4.1. Middle East
          • 5.2.5.4.2. Africa
        • 5.2.5.5. North America
          • 5.2.5.5.1. United States
          • 5.2.5.5.2. Canada
          • 5.2.5.5.3. Mexico
    • 5.3. Global HVDC Transmission System (Price)
  • 6. HVDC Transmission System: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. ABB Ltd (Switzerland)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. Siemens AG (Germany)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. Toshiba Corporation (Japan)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. General Electric (United States)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. Schneider Electric (France)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Mitsubishi Electric Corporation (Japan)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Prysmian Group (Italy)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Hitachi (Japan)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Nexans (France)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. TransGrid Solutions Inc. (Canada)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
  • 7. Global HVDC Transmission System Sale, by Power Ratings, Technology, Deployment, Component and Region (value and price ) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global HVDC Transmission System (Value)
      • 7.2.1. Global HVDC Transmission System by: Power Ratings (Value)
        • 7.2.1.1. Below 1000 MWs
        • 7.2.1.2. 1001 to 2000 MWs
        • 7.2.1.3. Above 2000 MWs
      • 7.2.2. Global HVDC Transmission System by: Technology (Value)
        • 7.2.2.1. Capacitor Commutated Converter (CCC)
        • 7.2.2.2. Voltage Source Converter (VSC)
        • 7.2.2.3. Line Commutated Converter (LCC)
      • 7.2.3. Global HVDC Transmission System by: Deployment (Value)
        • 7.2.3.1. Overhead
        • 7.2.3.2. Underground
        • 7.2.3.3. Subsea
        • 7.2.3.4. Combination
      • 7.2.4. Global HVDC Transmission System by: Component (Value)
        • 7.2.4.1. AC & DC Harmonic Filters
        • 7.2.4.2. Converters
        • 7.2.4.3. DC Lines
        • 7.2.4.4. Circuit Breakers
        • 7.2.4.5. Others
      • 7.2.5. Global HVDC Transmission System Region
        • 7.2.5.1. South America
          • 7.2.5.1.1. Brazil
          • 7.2.5.1.2. Argentina
          • 7.2.5.1.3. Rest of South America
        • 7.2.5.2. Asia Pacific
          • 7.2.5.2.1. China
          • 7.2.5.2.2. Japan
          • 7.2.5.2.3. India
          • 7.2.5.2.4. South Korea
          • 7.2.5.2.5. Taiwan
          • 7.2.5.2.6. Australia
          • 7.2.5.2.7. Rest of Asia-Pacific
        • 7.2.5.3. Europe
          • 7.2.5.3.1. Germany
          • 7.2.5.3.2. France
          • 7.2.5.3.3. Italy
          • 7.2.5.3.4. United Kingdom
          • 7.2.5.3.5. Netherlands
          • 7.2.5.3.6. Rest of Europe
        • 7.2.5.4. MEA
          • 7.2.5.4.1. Middle East
          • 7.2.5.4.2. Africa
        • 7.2.5.5. North America
          • 7.2.5.5.1. United States
          • 7.2.5.5.2. Canada
          • 7.2.5.5.3. Mexico
    • 7.3. Global HVDC Transmission System (Price)
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. HVDC Transmission System: by Power Ratings(USD Million)
  • Table 2. HVDC Transmission System Below 1000 MWs , by Region USD Million (2018-2023)
  • Table 3. HVDC Transmission System 1001 to 2000 MWs , by Region USD Million (2018-2023)
  • Table 4. HVDC Transmission System Above 2000 MWs , by Region USD Million (2018-2023)
  • Table 5. HVDC Transmission System: by Technology(USD Million)
  • Table 6. HVDC Transmission System Capacitor Commutated Converter (CCC) , by Region USD Million (2018-2023)
  • Table 7. HVDC Transmission System Voltage Source Converter (VSC) , by Region USD Million (2018-2023)
  • Table 8. HVDC Transmission System Line Commutated Converter (LCC) , by Region USD Million (2018-2023)
  • Table 9. HVDC Transmission System: by Deployment(USD Million)
  • Table 10. HVDC Transmission System Overhead , by Region USD Million (2018-2023)
  • Table 11. HVDC Transmission System Underground , by Region USD Million (2018-2023)
  • Table 12. HVDC Transmission System Subsea , by Region USD Million (2018-2023)
  • Table 13. HVDC Transmission System Combination , by Region USD Million (2018-2023)
  • Table 14. HVDC Transmission System: by Component(USD Million)
  • Table 15. HVDC Transmission System AC & DC Harmonic Filters , by Region USD Million (2018-2023)
  • Table 16. HVDC Transmission System Converters , by Region USD Million (2018-2023)
  • Table 17. HVDC Transmission System DC Lines , by Region USD Million (2018-2023)
  • Table 18. HVDC Transmission System Circuit Breakers , by Region USD Million (2018-2023)
  • Table 19. HVDC Transmission System Others , by Region USD Million (2018-2023)
  • Table 20. South America HVDC Transmission System, by Country USD Million (2018-2023)
  • Table 21. South America HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 22. South America HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 23. South America HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 24. South America HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 25. Brazil HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 26. Brazil HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 27. Brazil HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 28. Brazil HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 29. Argentina HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 30. Argentina HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 31. Argentina HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 32. Argentina HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 33. Rest of South America HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 34. Rest of South America HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 35. Rest of South America HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 36. Rest of South America HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 37. Asia Pacific HVDC Transmission System, by Country USD Million (2018-2023)
  • Table 38. Asia Pacific HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 39. Asia Pacific HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 40. Asia Pacific HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 41. Asia Pacific HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 42. China HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 43. China HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 44. China HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 45. China HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 46. Japan HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 47. Japan HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 48. Japan HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 49. Japan HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 50. India HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 51. India HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 52. India HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 53. India HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 54. South Korea HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 55. South Korea HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 56. South Korea HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 57. South Korea HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 58. Taiwan HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 59. Taiwan HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 60. Taiwan HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 61. Taiwan HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 62. Australia HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 63. Australia HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 64. Australia HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 65. Australia HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 66. Rest of Asia-Pacific HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 67. Rest of Asia-Pacific HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 68. Rest of Asia-Pacific HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 69. Rest of Asia-Pacific HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 70. Europe HVDC Transmission System, by Country USD Million (2018-2023)
  • Table 71. Europe HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 72. Europe HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 73. Europe HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 74. Europe HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 75. Germany HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 76. Germany HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 77. Germany HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 78. Germany HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 79. France HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 80. France HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 81. France HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 82. France HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 83. Italy HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 84. Italy HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 85. Italy HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 86. Italy HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 87. United Kingdom HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 88. United Kingdom HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 89. United Kingdom HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 90. United Kingdom HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 91. Netherlands HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 92. Netherlands HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 93. Netherlands HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 94. Netherlands HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 95. Rest of Europe HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 96. Rest of Europe HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 97. Rest of Europe HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 98. Rest of Europe HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 99. MEA HVDC Transmission System, by Country USD Million (2018-2023)
  • Table 100. MEA HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 101. MEA HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 102. MEA HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 103. MEA HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 104. Middle East HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 105. Middle East HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 106. Middle East HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 107. Middle East HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 108. Africa HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 109. Africa HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 110. Africa HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 111. Africa HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 112. North America HVDC Transmission System, by Country USD Million (2018-2023)
  • Table 113. North America HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 114. North America HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 115. North America HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 116. North America HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 117. United States HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 118. United States HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 119. United States HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 120. United States HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 121. Canada HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 122. Canada HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 123. Canada HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 124. Canada HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 125. Mexico HVDC Transmission System, by Power Ratings USD Million (2018-2023)
  • Table 126. Mexico HVDC Transmission System, by Technology USD Million (2018-2023)
  • Table 127. Mexico HVDC Transmission System, by Deployment USD Million (2018-2023)
  • Table 128. Mexico HVDC Transmission System, by Component USD Million (2018-2023)
  • Table 129. Company Basic Information, Sales Area and Its Competitors
  • Table 130. Company Basic Information, Sales Area and Its Competitors
  • Table 131. Company Basic Information, Sales Area and Its Competitors
  • Table 132. Company Basic Information, Sales Area and Its Competitors
  • Table 133. Company Basic Information, Sales Area and Its Competitors
  • Table 134. Company Basic Information, Sales Area and Its Competitors
  • Table 135. Company Basic Information, Sales Area and Its Competitors
  • Table 136. Company Basic Information, Sales Area and Its Competitors
  • Table 137. Company Basic Information, Sales Area and Its Competitors
  • Table 138. Company Basic Information, Sales Area and Its Competitors
  • Table 139. HVDC Transmission System: by Power Ratings(USD Million)
  • Table 140. HVDC Transmission System Below 1000 MWs , by Region USD Million (2025-2030)
  • Table 141. HVDC Transmission System 1001 to 2000 MWs , by Region USD Million (2025-2030)
  • Table 142. HVDC Transmission System Above 2000 MWs , by Region USD Million (2025-2030)
  • Table 143. HVDC Transmission System: by Technology(USD Million)
  • Table 144. HVDC Transmission System Capacitor Commutated Converter (CCC) , by Region USD Million (2025-2030)
  • Table 145. HVDC Transmission System Voltage Source Converter (VSC) , by Region USD Million (2025-2030)
  • Table 146. HVDC Transmission System Line Commutated Converter (LCC) , by Region USD Million (2025-2030)
  • Table 147. HVDC Transmission System: by Deployment(USD Million)
  • Table 148. HVDC Transmission System Overhead , by Region USD Million (2025-2030)
  • Table 149. HVDC Transmission System Underground , by Region USD Million (2025-2030)
  • Table 150. HVDC Transmission System Subsea , by Region USD Million (2025-2030)
  • Table 151. HVDC Transmission System Combination , by Region USD Million (2025-2030)
  • Table 152. HVDC Transmission System: by Component(USD Million)
  • Table 153. HVDC Transmission System AC & DC Harmonic Filters , by Region USD Million (2025-2030)
  • Table 154. HVDC Transmission System Converters , by Region USD Million (2025-2030)
  • Table 155. HVDC Transmission System DC Lines , by Region USD Million (2025-2030)
  • Table 156. HVDC Transmission System Circuit Breakers , by Region USD Million (2025-2030)
  • Table 157. HVDC Transmission System Others , by Region USD Million (2025-2030)
  • Table 158. South America HVDC Transmission System, by Country USD Million (2025-2030)
  • Table 159. South America HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 160. South America HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 161. South America HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 162. South America HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 163. Brazil HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 164. Brazil HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 165. Brazil HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 166. Brazil HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 167. Argentina HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 168. Argentina HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 169. Argentina HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 170. Argentina HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 171. Rest of South America HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 172. Rest of South America HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 173. Rest of South America HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 174. Rest of South America HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 175. Asia Pacific HVDC Transmission System, by Country USD Million (2025-2030)
  • Table 176. Asia Pacific HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 177. Asia Pacific HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 178. Asia Pacific HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 179. Asia Pacific HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 180. China HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 181. China HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 182. China HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 183. China HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 184. Japan HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 185. Japan HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 186. Japan HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 187. Japan HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 188. India HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 189. India HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 190. India HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 191. India HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 192. South Korea HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 193. South Korea HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 194. South Korea HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 195. South Korea HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 196. Taiwan HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 197. Taiwan HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 198. Taiwan HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 199. Taiwan HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 200. Australia HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 201. Australia HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 202. Australia HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 203. Australia HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 204. Rest of Asia-Pacific HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 205. Rest of Asia-Pacific HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 206. Rest of Asia-Pacific HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 207. Rest of Asia-Pacific HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 208. Europe HVDC Transmission System, by Country USD Million (2025-2030)
  • Table 209. Europe HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 210. Europe HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 211. Europe HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 212. Europe HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 213. Germany HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 214. Germany HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 215. Germany HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 216. Germany HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 217. France HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 218. France HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 219. France HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 220. France HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 221. Italy HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 222. Italy HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 223. Italy HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 224. Italy HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 225. United Kingdom HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 226. United Kingdom HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 227. United Kingdom HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 228. United Kingdom HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 229. Netherlands HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 230. Netherlands HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 231. Netherlands HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 232. Netherlands HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 233. Rest of Europe HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 234. Rest of Europe HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 235. Rest of Europe HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 236. Rest of Europe HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 237. MEA HVDC Transmission System, by Country USD Million (2025-2030)
  • Table 238. MEA HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 239. MEA HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 240. MEA HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 241. MEA HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 242. Middle East HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 243. Middle East HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 244. Middle East HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 245. Middle East HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 246. Africa HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 247. Africa HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 248. Africa HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 249. Africa HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 250. North America HVDC Transmission System, by Country USD Million (2025-2030)
  • Table 251. North America HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 252. North America HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 253. North America HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 254. North America HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 255. United States HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 256. United States HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 257. United States HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 258. United States HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 259. Canada HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 260. Canada HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 261. Canada HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 262. Canada HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 263. Mexico HVDC Transmission System, by Power Ratings USD Million (2025-2030)
  • Table 264. Mexico HVDC Transmission System, by Technology USD Million (2025-2030)
  • Table 265. Mexico HVDC Transmission System, by Deployment USD Million (2025-2030)
  • Table 266. Mexico HVDC Transmission System, by Component USD Million (2025-2030)
  • Table 267. Research Programs/Design for This Report
  • Table 268. Key Data Information from Secondary Sources
  • Table 269. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global HVDC Transmission System: by Power Ratings USD Million (2018-2023)
  • Figure 5. Global HVDC Transmission System: by Technology USD Million (2018-2023)
  • Figure 6. Global HVDC Transmission System: by Deployment USD Million (2018-2023)
  • Figure 7. Global HVDC Transmission System: by Component USD Million (2018-2023)
  • Figure 8. South America HVDC Transmission System Share (%), by Country
  • Figure 9. Asia Pacific HVDC Transmission System Share (%), by Country
  • Figure 10. Europe HVDC Transmission System Share (%), by Country
  • Figure 11. MEA HVDC Transmission System Share (%), by Country
  • Figure 12. North America HVDC Transmission System Share (%), by Country
  • Figure 13. Global HVDC Transmission System share by Players 2023 (%)
  • Figure 14. Global HVDC Transmission System share by Players (Top 3) 2023(%)
  • Figure 15. Global HVDC Transmission System share by Players (Top 5) 2023(%)
  • Figure 16. BCG Matrix for key Companies
  • Figure 17. ABB Ltd (Switzerland) Revenue, Net Income and Gross profit
  • Figure 18. ABB Ltd (Switzerland) Revenue: by Geography 2023
  • Figure 19. Siemens AG (Germany) Revenue, Net Income and Gross profit
  • Figure 20. Siemens AG (Germany) Revenue: by Geography 2023
  • Figure 21. Toshiba Corporation (Japan) Revenue, Net Income and Gross profit
  • Figure 22. Toshiba Corporation (Japan) Revenue: by Geography 2023
  • Figure 23. General Electric (United States) Revenue, Net Income and Gross profit
  • Figure 24. General Electric (United States) Revenue: by Geography 2023
  • Figure 25. Schneider Electric (France) Revenue, Net Income and Gross profit
  • Figure 26. Schneider Electric (France) Revenue: by Geography 2023
  • Figure 27. Mitsubishi Electric Corporation (Japan) Revenue, Net Income and Gross profit
  • Figure 28. Mitsubishi Electric Corporation (Japan) Revenue: by Geography 2023
  • Figure 29. Prysmian Group (Italy) Revenue, Net Income and Gross profit
  • Figure 30. Prysmian Group (Italy) Revenue: by Geography 2023
  • Figure 31. Hitachi (Japan) Revenue, Net Income and Gross profit
  • Figure 32. Hitachi (Japan) Revenue: by Geography 2023
  • Figure 33. Nexans (France) Revenue, Net Income and Gross profit
  • Figure 34. Nexans (France) Revenue: by Geography 2023
  • Figure 35. TransGrid Solutions Inc. (Canada) Revenue, Net Income and Gross profit
  • Figure 36. TransGrid Solutions Inc. (Canada) Revenue: by Geography 2023
  • Figure 37. Global HVDC Transmission System: by Power Ratings USD Million (2025-2030)
  • Figure 38. Global HVDC Transmission System: by Technology USD Million (2025-2030)
  • Figure 39. Global HVDC Transmission System: by Deployment USD Million (2025-2030)
  • Figure 40. Global HVDC Transmission System: by Component USD Million (2025-2030)
  • Figure 41. South America HVDC Transmission System Share (%), by Country
  • Figure 42. Asia Pacific HVDC Transmission System Share (%), by Country
  • Figure 43. Europe HVDC Transmission System Share (%), by Country
  • Figure 44. MEA HVDC Transmission System Share (%), by Country
  • Figure 45. North America HVDC Transmission System Share (%), by Country
List of companies from research coverage that are profiled in the study
  • ABB Ltd (Switzerland)
  • Siemens AG (Germany)
  • Toshiba Corporation (Japan)
  • General Electric (United States)
  • Schneider Electric (France)
  • Mitsubishi Electric Corporation (Japan)
  • Prysmian Group (Italy)
  • Hitachi (Japan)
  • Nexans (France)
  • TransGrid Solutions Inc. (Canada)
Additional players considered in the study are as follows:
Abengoa S.A. (Spain) , ATCO Ltd. (Canada) , LS Industrial Systems Co., Ltd. (South Korea)
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Key Highlights of Report


Mar 2024 229 Pages 56 Tables Base Year: 2023 Coverage: 15+ Companies; 18 Countries

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Frequently Asked Questions (FAQ):

The key segments that are playing vital role in HVDC Transmission System Market are by end use application [].
The HVDC Transmission System Market is gaining popularity and expected to see strong valuation by 2030.
  • Increasing Urbanization across the Globe
  • Growing Government Initiatives Pertaining To a Shift towards Renewable Energy

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