Global HVDC Transmission System Market by Manufacturers, Regions, Type and Application, Forecast to 2023 Provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
Global HVDC Transmission System Market 2018-2023
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.
Scope of the Global HVDC Transmission System Market Report
This report focuses on the HVDC Transmission System in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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The worldwide market for HVDC Transmission System is expected to grow at a CAGR of roughly 9.9% over the next five years, will reach 13500 million US$ in 2023, from 7650 million US$ in 2017, according to a new GIR (Global Info Research) study
The increasing demand for cost-effective solutions for long distance power transmission and integration of VSC technology across grids to enable system security are the major factors that drives the HVDC transmission system market.
In Asia Pacific (APAC), China and India are the major contributors to the growth of the HVDC transmission system market due to the growing demand for power in these countries. Some other factors affecting the growth of the market in this region include aging power infrastructure, increase in power consumption pattern, economic uncertainties, and low carbon emission initiatives. High power quality along with reliable and stable power transmission are some of the key requirements in the power industry. This factor is driving the growth of the HVDC transmission market in the APAC region.
In China and India, high-power rating projects are more popular as it can supply more power for the huge population. While in Europe, most projects are the low-power rating projects and used for the new energy transmission like the wind energy.
Major players operating in the HVDC transmission market are ABB,Siemens,XD Group, NR Electric,GE Grid Solution, NKT, TBEA, etc. These Chinese players are rising faster through technology joint with the foreign players like ABB and Siemens. And the laters are also expanding their market through this method.
This report covers Analysis of Global HVDC Transmission System Market Segment by Manufacturers
ABB Siemens XD Group NR Electric GE Grid Solution NKT TBEA Xuji Group Hitachi Nexans Toshiba Mitsubishi Electric Abengoa
Global HVDC Transmission System Market Segment by regional analysis covers
North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Global HVDC Transmission System Market Segment by Type
High-power Rating Projects Low power Rating Projects
Global HVDC Transmission System Market Segment by Applications, can be divided into
Overhead Transmission Underground Transmission Subsea Transmission
Some of the Points cover in Global HVDC Transmission System Market Research Report is:
Chapter 1: Describe HVDC Transmission System Industry
Introduction, Product Scope, Market Overview, Market Opportunities, Market Risk, Market Driving Force Chapter 2: To analyze the top manufacturers of HVDC Transmission System Industry in 2016 and 2017
Sales Revenue and price Chapter 3: Competitive analysis among the top manufacturers in 2016 and 2017
Sales Revenue and market share Chapter 4: Global HVDC Transmission System Market by regions from 2013 to 2018
Sales Revenue and market share Chapter 5, 6, 7 and 8: Global HVDC Transmission System Market by key countries in these regions
Sales Revenue and market share Chapter 9 and 10: Global HVDC Transmission System Market by type and application from 2013 to 2018
Sales Revenue and market share Growth rate Chapter 11:HVDC Transmission System Industry Market forecast from 2018 to 2023
Regions Type and application with sales and revenue Chapter 12 and 13:HVDC Transmission System Industry
Sales channel Distributors Traders and dealers Appendix Data source About Us:
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