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Global High Voltage Direct Current Converter (HVDC Converter) Market Research Report 2025
Synopsis
An HVDC converter converts electric power from high voltage alternating current (AC) to high-voltage direct current (HVDC), or vice versa.
The global High Voltage Direct Current Converter (HVDC Converter) market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
HVDC converters can take several different forms. Early HVDC systems, built until the 1930s, were effectively rotary converters and used electromechanical conversion with motor-generator sets connected in series on the DC side and in parallel on the AC side. However, all HVDC systems built since the 1940s have used electronic (static) converters.Electronic converters for HVDC are divided into two main categories. Line-commutated converters (HVDC classic) are made with electronic switches that can only be turned on. Voltage-sourced converters are made with switching devices that can be turned both on and off. Line-commutated converters (LCC) used mercury-arc valves until the 1970s, or thyristors from the 1970s to the present day. Voltage-source converters (VSC), which first appeared in HVDC in 1997, use transistors, usually the Insulated-gate bipolar transistor (IGBT).
This report aims to provide a comprehensive presentation of the global market for High Voltage Direct Current Converter (HVDC Converter), 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 High Voltage Direct Current Converter (HVDC Converter).
Report Scope
The High Voltage Direct Current Converter (HVDC Converter) market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global High Voltage Direct Current Converter (HVDC Converter) market comprehensively. Regional market sizes, concerning products by Power, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the High Voltage Direct Current Converter (HVDC Converter) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Power, by Application, and by regions.
Market Segmentation
By Company
ABB
Siemens
GE and Alstom Energy
BHEL
Orano
Hitachi
Toshiba
Mitsubishi
Segment by Power
0-500MW
501MW-999MW
1000MW-2000MW
2000+ MW
Segment by Application
Energy
Industrial
Oil and Gas
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Power, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of High Voltage Direct Current Converter (HVDC Converter) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of High Voltage Direct Current Converter (HVDC Converter) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of High Voltage Direct Current Converter (HVDC Converter) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Power, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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 10: The main points and conclusions of the report.
An HVDC converter converts electric power from high voltage alternating current (AC) to high-voltage direct current (HVDC), or vice versa.
The global High Voltage Direct Current Converter (HVDC Converter) market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
HVDC converters can take several different forms. Early HVDC systems, built until the 1930s, were effectively rotary converters and used electromechanical conversion with motor-generator sets connected in series on the DC side and in parallel on the AC side. However, all HVDC systems built since the 1940s have used electronic (static) converters.Electronic converters for HVDC are divided into two main categories. Line-commutated converters (HVDC classic) are made with electronic switches that can only be turned on. Voltage-sourced converters are made with switching devices that can be turned both on and off. Line-commutated converters (LCC) used mercury-arc valves until the 1970s, or thyristors from the 1970s to the present day. Voltage-source converters (VSC), which first appeared in HVDC in 1997, use transistors, usually the Insulated-gate bipolar transistor (IGBT).
This report aims to provide a comprehensive presentation of the global market for High Voltage Direct Current Converter (HVDC Converter), 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 High Voltage Direct Current Converter (HVDC Converter).
Report Scope
The High Voltage Direct Current Converter (HVDC Converter) market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global High Voltage Direct Current Converter (HVDC Converter) market comprehensively. Regional market sizes, concerning products by Power, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the High Voltage Direct Current Converter (HVDC Converter) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Power, by Application, and by regions.
Market Segmentation
By Company
ABB
Siemens
GE and Alstom Energy
BHEL
Orano
Hitachi
Toshiba
Mitsubishi
Segment by Power
0-500MW
501MW-999MW
1000MW-2000MW
2000+ MW
Segment by Application
Energy
Industrial
Oil and Gas
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Power, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of High Voltage Direct Current Converter (HVDC Converter) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of High Voltage Direct Current Converter (HVDC Converter) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of High Voltage Direct Current Converter (HVDC Converter) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Power, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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 10: The main points and conclusions of the report.
Index1 High Voltage Direct Current Converter (HVDC Converter) Market Overview
1.1 Product Definition
1.2 High Voltage Direct Current Converter (HVDC Converter) Segment by Power
1.2.1 Global High Voltage Direct Current Converter (HVDC Converter) Market Value Growth Rate Analysis by Power 2023 VS 2030
1.2.2 0-500MW
1.2.3 501MW-999MW
1.2.4 1000MW-2000MW
1.2.5 2000+ MW
1.3 High Voltage Direct Current Converter (HVDC Converter) Segment by Application
1.3.1 Global High Voltage Direct Current Converter (HVDC Converter) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Energy
1.3.3 Industrial
1.3.4 Oil and Gas
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global High Voltage Direct Current Converter (HVDC Converter) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global High Voltage Direct Current Converter (HVDC Converter) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global High Voltage Direct Current Converter (HVDC Converter) Production Estimates and Forecasts (2019-2030)
1.4.4 Global High Voltage Direct Current Converter (HVDC Converter) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global High Voltage Direct Current Converter (HVDC Converter) Production Market Share by Manufacturers (2019-2024)
2.2 Global High Voltage Direct Current Converter (HVDC Converter) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of High Voltage Direct Current Converter (HVDC Converter), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global High Voltage Direct Current Converter (HVDC Converter) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global High Voltage Direct Current Converter (HVDC Converter) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of High Voltage Direct Current Converter (HVDC Converter), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of High Voltage Direct Current Converter (HVDC Converter), Product Offered and Application
2.8 Global Key Manufacturers of High Voltage Direct Current Converter (HVDC Converter), Date of Enter into This Industry
2.9 High Voltage Direct Current Converter (HVDC Converter) Market Competitive Situation and Trends
2.9.1 High Voltage Direct Current Converter (HVDC Converter) Market Concentration Rate
2.9.2 Global 5 and 10 Largest High Voltage Direct Current Converter (HVDC Converter) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 High Voltage Direct Current Converter (HVDC Converter) Production by Region
3.1 Global High Voltage Direct Current Converter (HVDC Converter) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global High Voltage Direct Current Converter (HVDC Converter) Production Value by Region (2019-2030)
3.2.1 Global High Voltage Direct Current Converter (HVDC Converter) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of High Voltage Direct Current Converter (HVDC Converter) by Region (2025-2030)
3.3 Global High Voltage Direct Current Converter (HVDC Converter) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global High Voltage Direct Current Converter (HVDC Converter) Production by Region (2019-2030)
3.4.1 Global High Voltage Direct Current Converter (HVDC Converter) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of High Voltage Direct Current Converter (HVDC Converter) by Region (2025-2030)
3.5 Global High Voltage Direct Current Converter (HVDC Converter) Market Price Analysis by Region (2019-2024)
3.6 Global High Voltage Direct Current Converter (HVDC Converter) Production and Value, Year-over-Year Growth
3.6.1 North America High Voltage Direct Current Converter (HVDC Converter) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe High Voltage Direct Current Converter (HVDC Converter) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China High Voltage Direct Current Converter (HVDC Converter) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan High Voltage Direct Current Converter (HVDC Converter) Production Value Estimates and Forecasts (2019-2030)
4 High Voltage Direct Current Converter (HVDC Converter) Consumption by Region
4.1 Global High Voltage Direct Current Converter (HVDC Converter) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global High Voltage Direct Current Converter (HVDC Converter) Consumption by Region (2019-2030)
4.2.1 Global High Voltage Direct Current Converter (HVDC Converter) Consumption by Region (2019-2024)
4.2.2 Global High Voltage Direct Current Converter (HVDC Converter) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America High Voltage Direct Current Converter (HVDC Converter) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America High Voltage Direct Current Converter (HVDC Converter) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe High Voltage Direct Current Converter (HVDC Converter) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe High Voltage Direct Current Converter (HVDC Converter) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific High Voltage Direct Current Converter (HVDC Converter) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific High Voltage Direct Current Converter (HVDC Converter) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa High Voltage Direct Current Converter (HVDC Converter) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa High Voltage Direct Current Converter (HVDC Converter) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Power
5.1 Global High Voltage Direct Current Converter (HVDC Converter) Production by Power (2019-2030)
5.1.1 Global High Voltage Direct Current Converter (HVDC Converter) Production by Power (2019-2024)
5.1.2 Global High Voltage Direct Current Converter (HVDC Converter) Production by Power (2025-2030)
5.1.3 Global High Voltage Direct Current Converter (HVDC Converter) Production Market Share by Power (2019-2030)
5.2 Global High Voltage Direct Current Converter (HVDC Converter) Production Value by Power (2019-2030)
5.2.1 Global High Voltage Direct Current Converter (HVDC Converter) Production Value by Power (2019-2024)
5.2.2 Global High Voltage Direct Current Converter (HVDC Converter) Production Value by Power (2025-2030)
5.2.3 Global High Voltage Direct Current Converter (HVDC Converter) Production Value Market Share by Power (2019-2030)
5.3 Global High Voltage Direct Current Converter (HVDC Converter) Price by Power (2019-2030)
6 Segment by Application
6.1 Global High Voltage Direct Current Converter (HVDC Converter) Production by Application (2019-2030)
6.1.1 Global High Voltage Direct Current Converter (HVDC Converter) Production by Application (2019-2024)
6.1.2 Global High Voltage Direct Current Converter (HVDC Converter) Production by Application (2025-2030)
6.1.3 Global High Voltage Direct Current Converter (HVDC Converter) Production Market Share by Application (2019-2030)
6.2 Global High Voltage Direct Current Converter (HVDC Converter) Production Value by Application (2019-2030)
6.2.1 Global High Voltage Direct Current Converter (HVDC Converter) Production Value by Application (2019-2024)
6.2.2 Global High Voltage Direct Current Converter (HVDC Converter) Production Value by Application (2025-2030)
6.2.3 Global High Voltage Direct Current Converter (HVDC Converter) Production Value Market Share by Application (2019-2030)
6.3 Global High Voltage Direct Current Converter (HVDC Converter) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB High Voltage Direct Current Converter (HVDC Converter) Corporation Information
7.1.2 ABB High Voltage Direct Current Converter (HVDC Converter) Product Portfolio
7.1.3 ABB High Voltage Direct Current Converter (HVDC Converter) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens High Voltage Direct Current Converter (HVDC Converter) Corporation Information
7.2.2 Siemens High Voltage Direct Current Converter (HVDC Converter) Product Portfolio
7.2.3 Siemens High Voltage Direct Current Converter (HVDC Converter) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 GE and Alstom Energy
7.3.1 GE and Alstom Energy High Voltage Direct Current Converter (HVDC Converter) Corporation Information
7.3.2 GE and Alstom Energy High Voltage Direct Current Converter (HVDC Converter) Product Portfolio
7.3.3 GE and Alstom Energy High Voltage Direct Current Converter (HVDC Converter) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 GE and Alstom Energy Main Business and Markets Served
7.3.5 GE and Alstom Energy Recent Developments/Updates
7.4 BHEL
7.4.1 BHEL High Voltage Direct Current Converter (HVDC Converter) Corporation Information
7.4.2 BHEL High Voltage Direct Current Converter (HVDC Converter) Product Portfolio
7.4.3 BHEL High Voltage Direct Current Converter (HVDC Converter) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 BHEL Main Business and Markets Served
7.4.5 BHEL Recent Developments/Updates
7.5 Orano
7.5.1 Orano High Voltage Direct Current Converter (HVDC Converter) Corporation Information
7.5.2 Orano High Voltage Direct Current Converter (HVDC Converter) Product Portfolio
7.5.3 Orano High Voltage Direct Current Converter (HVDC Converter) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Orano Main Business and Markets Served
7.5.5 Orano Recent Developments/Updates
7.6 Hitachi
7.6.1 Hitachi High Voltage Direct Current Converter (HVDC Converter) Corporation Information
7.6.2 Hitachi High Voltage Direct Current Converter (HVDC Converter) Product Portfolio
7.6.3 Hitachi High Voltage Direct Current Converter (HVDC Converter) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Hitachi Main Business and Markets Served
7.6.5 Hitachi Recent Developments/Updates
7.7 Toshiba
7.7.1 Toshiba High Voltage Direct Current Converter (HVDC Converter) Corporation Information
7.7.2 Toshiba High Voltage Direct Current Converter (HVDC Converter) Product Portfolio
7.7.3 Toshiba High Voltage Direct Current Converter (HVDC Converter) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Toshiba Main Business and Markets Served
7.7.5 Toshiba Recent Developments/Updates
7.8 Mitsubishi
7.8.1 Mitsubishi High Voltage Direct Current Converter (HVDC Converter) Corporation Information
7.8.2 Mitsubishi High Voltage Direct Current Converter (HVDC Converter) Product Portfolio
7.8.3 Mitsubishi High Voltage Direct Current Converter (HVDC Converter) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Mitsubishi Main Business and Markets Served
7.7.5 Mitsubishi Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 High Voltage Direct Current Converter (HVDC Converter) Industry Chain Analysis
8.2 High Voltage Direct Current Converter (HVDC Converter) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 High Voltage Direct Current Converter (HVDC Converter) Production Mode & Process
8.4 High Voltage Direct Current Converter (HVDC Converter) Sales and Marketing
8.4.1 High Voltage Direct Current Converter (HVDC Converter) Sales Channels
8.4.2 High Voltage Direct Current Converter (HVDC Converter) Distributors
8.5 High Voltage Direct Current Converter (HVDC Converter) Customers
9 High Voltage Direct Current Converter (HVDC Converter) Market Dynamics
9.1 High Voltage Direct Current Converter (HVDC Converter) Industry Trends
9.2 High Voltage Direct Current Converter (HVDC Converter) Market Drivers
9.3 High Voltage Direct Current Converter (HVDC Converter) Market Challenges
9.4 High Voltage Direct Current Converter (HVDC Converter) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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