DUBLIN--(BUSINESS WIRE)--The "Global HVDC Transmission Market Analysis by Technology (Capacitor Commutated, Voltage Source, Line Commutated), Component, Application, Region and Country (2020 Edition): Market Insights, COVID-19 Impact, Competition and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
The Global HVDC Transmission Market was valued at $7,831.55 Million in the year 2019. This report presents the analysis of the HVDC Transmission market for the historical period of 2015-2019 and the forecast period of 2020-2025.
Rapid urbanization along with favorable government reforms across residential & commercial establishments will drive the HVDC Transmission market. With the rising demand for electricity in Asia-Pacific countries and other developing nations, the need to transmit electricity over long distances with fewer transmission losses has increased, which will propel the market. Furthermore, growing community-based electrification demand along with increasing public and private funding toward the adoption of decentralized generation units will complement the industry outlook.
The need for an efficient and flexible electricity transmission system has been consistently felt in today's industrialized economies. There are a number of options available to policymakers and commercial entities, with high voltage direct current (HVDC) transmission systems emerging as a feasible mechanism of energy management. APAC region holds the major HVDC Transmission market share and developing nations such as China and India, which have unreliable and unstable power, are seeing a better opportunity for HVDC Transmission market to expand in near future.
Governments of different countries are increasingly investing in the development of electricity infrastructures to provide low-cost and clean electricity. This has led to an increased demand for HVDC Transmissions in remote areas. There is a trend in offshore wind for plants to move further away from the coastline to reduce complaints about the unsightliness of wind farms. This will, over time, increase the adoption rate for HVDC connections for offshore wind farms.
Companies Mentioned
- ABB Ltd.
- General Electric
- Hitachi
- Mitsubishi Electric Corporation
- Nexans SA
- NKT A/S
- Prysmian Group
- Schneider Electric
- Siemens AG
- Toshiba Corp.
Scope of the Report
- The report analyses the HVDC Transmission Market by value (USD Million)
- The report analyses the HVDC Transmission Market by Technology (Capacitor Commutated Converter, Voltage Source Converter, Line Commutated Converter)
- The report analyses the HVDC Transmission Market by Component (Converter Stations, Transmission Cables, Others)
- The report analyses the HVDC Transmission Market by Application (Interconnecting Grids, City-Center Infeed, Bulk Power Transmission)
- The Global HVDC Transmission Market has been analysed By Region (United States, Canada, Mexico, Brazil, Germany, France, U.K, China, Japan, India)
- The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by technology, by component, and by application. Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report
Key Topics Covered:
1. Report Scope and Methodology
2. Strategic Recommendations
3. HVDC Transmission Market: Product Overview
4. Global HVDC Transmission Market: Sizing and Forecast
4.1 Market Size, By Value, Year 2015-2019
4.2 Market Size, By Value, Year 2020-2025
4.3 Impact of COVID-19 on Global HVDC Transmission Market
4.4 Global Economic & Industrial Outlook
5. Global HVDC Transmission Market Segmentation, By Technology (Value)
5.1 Global HVDC Transmission Market: Segment Analysis
5.2 Competitive Scenario of Global HVDC Transmission Market: By Technology (2019 & 2025)
5.3 By Capacitor Commutated Converter - Market Size and Forecast (2015-2025)
5.4 By Voltage Source Converter Market Size and Forecast (2015-2025)
5.5 By Line Commutated Converter - Market Size and Forecast (2015-2025)
6. Global HVDC Transmission Market Segmentation, By Component (Value)
6.1 Global HVDC Transmission Market: Segment Analysis
6.2 Competitive Scenario of Global HVDC Transmission Market: By Component (2019 & 2025)
6.3 By Converter Stations - Market Size and Forecast (2015-2025)
6.4 By Transmission Cables - Market Size and Forecast (2015-2025)
6.5 By Others - Market Size and Forecast (2015-2025)
7. Global HVDC Transmission Market Segmentation, By Application (Value)
7.1 Global HVDC Transmission Market: Segment Analysis
7.2 Competitive Scenario of Global HVDC Transmission Market: By Application (2019 & 2025)
7.3 By Interconnecting Grids - Market Size and Forecast (2015-2025)
7.4 By City-Center Infeed - Market Size and Forecast (2015-2025)
7.5 By Bulk Power Transmission - Market Size and Forecast (2015-2025)
8. Global HVDC Transmission Market: Regional Analysis
8.1 Competitive Scenario of Global HVDC Transmission Market: By Region (2019 & 2025)
9. Americas HVDC Transmission Market: An Analysis
10. Europe HVDC Transmission Market: An Analysis
11. Asia Pacific HVDC Transmission Market: An Analysis
12. Global HVDC Transmission Market Dynamics
12.1 Global HVDC Transmission Market Drivers
12.2 Global HVDC Transmission Market Restraints
12.3 Global HVDC Transmission Market Trends
13. Market Attractiveness
13.1 Market Attractiveness Chart of Global HVDC Transmission Market - By Technology (Year 2025)
13.2 Market Attractiveness Chart of Global HVDC Transmission Market - By Component (Year 2025)
13.3 Market Attractiveness Chart of Global HVDC Transmission Market - By Application (Year 2025)
13.4 Market Attractiveness Chart of Global HVDC Transmission Market - By Region (Year 2025)
14. Competitive Landscape
14.1 Market Share of Global Leading Companies
14.2 SWOT Analysis
14.3 Porter's Five Force Analysis
15. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/ngpokp
