DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "High Voltage Direct Current (HVDC) Power Supply Market Analysis By Voltage (1,000 V, 1,000-4000 V, >4,000 V), By Application (Telecommunication, Medical, Industrial, Oil & Gas) And Segment Forecast To 2022" report to their offering.
The global HVDC power supply market is expected to reach USD 3.56 billion by 2022
These devices integrate easily with renewable or alternative energy sources such as photovoltaics, fuel cells, and wind power, and provide considerable avenues for industry growth. The emergence of the hybrid HVDC circuit technology that utilizes Voltage Source Converters (VSC), and is compact in design when compared to traditional design is anticipated to fuel product demand over the next seven years. Further, the HVDC supply industry has also witnessed the development of high power Insulated Gate Bipolar Transistors (IGBT) that has reduced the HVDC system size resulting in substantial economic benefits.
The industrial segment accounted for over 40% of the overall revenue in 2014 and is estimated to grow at a CAGR exceeding 11% over the forecast period. It can be ascribed to rapid industrialization in emerging countries, such as India and China, along with rising demand for efficient power supply.
The notable companies in the market include ABB Ltd., Excelitas Technologies, General Electric, Glassman Europe Ltd., Siemens AG, Spellman, General Electric, UltraVolt, Inc., Toshiba Corporation, and Alstom SA.
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. HVDC Power Supply Industry Outlook
4. HVDC Power Supply Voltage Outlook
5. HVDC Power Supply Application Outlook
6. HVDC Power Supply Regional Outlook
7. Competitive Landscape
- American Power Design (APD)
- Applied Kilovolts (Exelis)
- Excelitas Technologies Corp.
- General Electric
- Glassman Europe Ltd.
- Hi-Tek Power
- HVM Technology, Inc.
- Matsusada Precision, Inc.
- Pico Electronics
- Siemens AG
- Spellman High Voltage Electronics Corp.
- Toshiba Corp.
- UltraVolt, Inc.
XP Power (EMCO high voltage)
For more information about this report visit http://www.researchandmarkets.com/research/t7hsms/high_voltage