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High Voltage Direct Current (HVDC) System-Global Market Insights and Sales Trends 2025

High Voltage Direct Current (HVDC) System-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1872052

No of Pages : 114

Synopsis
The global High Voltage Direct Current (HVDC) System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of High Voltage Direct Current (HVDC) System in various end use industries. The expanding demands from the Overhead Transmission, Underground Transmission and Subsea Transmission,, are propelling High Voltage Direct Current (HVDC) System market. Below 400 kV, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Between 400-800 kV segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for High Voltage Direct Current (HVDC) System market, driven by demand from China, the second largest economy with some signs of stabilising, the High Voltage Direct Current (HVDC) System market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for High Voltage Direct Current (HVDC) System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global High Voltage Direct Current (HVDC) System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global High Voltage Direct Current (HVDC) System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, High Voltage Direct Current (HVDC) System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of High Voltage Direct Current (HVDC) System covered in this report include ABB, Siemens, XD, NR Electric, GE Grid Solution, NKT, TBEA, XJ Group Corporation and Hitachi ABB Power Grids, etc.
The global High Voltage Direct Current (HVDC) System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Siemens
XD
NR Electric
GE Grid Solution
NKT
TBEA
XJ Group Corporation
Hitachi ABB Power Grids
Nexans
Toshiba
Mitsubishi Electric
Abengoa
Prysmian Group
China XD Group
Global High Voltage Direct Current (HVDC) System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global High Voltage Direct Current (HVDC) System market, Segment by Type:
Below 400 kV
Between 400-800 kV
Above 800 kV
Global High Voltage Direct Current (HVDC) System market, by Application
Overhead Transmission
Underground Transmission
Subsea Transmission
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of High Voltage Direct Current (HVDC) System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of High Voltage Direct Current (HVDC) System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 High Voltage Direct Current (HVDC) System Market Overview
1.1 High Voltage Direct Current (HVDC) System Product Overview
1.2 High Voltage Direct Current (HVDC) System Market Segment by Type
1.2.1 Below 400 kV
1.2.2 Between 400-800 kV
1.2.3 Above 800 kV
1.3 Global High Voltage Direct Current (HVDC) System Market Size by Type
1.3.1 Global High Voltage Direct Current (HVDC) System Market Size Overview by Type (2018-2029)
1.3.2 Global High Voltage Direct Current (HVDC) System Historic Market Size Review by Type (2018-2023)
1.3.3 Global High Voltage Direct Current (HVDC) System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America High Voltage Direct Current (HVDC) System Sales Breakdown by Type (2018-2023)
1.4.2 Europe High Voltage Direct Current (HVDC) System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific High Voltage Direct Current (HVDC) System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America High Voltage Direct Current (HVDC) System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa High Voltage Direct Current (HVDC) System Sales Breakdown by Type (2018-2023)
2 Global High Voltage Direct Current (HVDC) System Market Competition by Company
2.1 Global Top Players by High Voltage Direct Current (HVDC) System Sales (2018-2023)
2.2 Global Top Players by High Voltage Direct Current (HVDC) System Revenue (2018-2023)
2.3 Global Top Players by High Voltage Direct Current (HVDC) System Price (2018-2023)
2.4 Global Top Manufacturers High Voltage Direct Current (HVDC) System Manufacturing Base Distribution, Sales Area, Product Type
2.5 High Voltage Direct Current (HVDC) System Market Competitive Situation and Trends
2.5.1 High Voltage Direct Current (HVDC) System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by High Voltage Direct Current (HVDC) System Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in High Voltage Direct Current (HVDC) System as of 2022)
2.7 Date of Key Manufacturers Enter into High Voltage Direct Current (HVDC) System Market
2.8 Key Manufacturers High Voltage Direct Current (HVDC) System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 High Voltage Direct Current (HVDC) System Status and Outlook by Region
3.1 Global High Voltage Direct Current (HVDC) System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global High Voltage Direct Current (HVDC) System Historic Market Size by Region
3.2.1 Global High Voltage Direct Current (HVDC) System Sales in Volume by Region (2018-2023)
3.2.2 Global High Voltage Direct Current (HVDC) System Sales in Value by Region (2018-2023)
3.2.3 Global High Voltage Direct Current (HVDC) System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global High Voltage Direct Current (HVDC) System Forecasted Market Size by Region
3.3.1 Global High Voltage Direct Current (HVDC) System Sales in Volume by Region (2024-2029)
3.3.2 Global High Voltage Direct Current (HVDC) System Sales in Value by Region (2024-2029)
3.3.3 Global High Voltage Direct Current (HVDC) System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global High Voltage Direct Current (HVDC) System by Application
4.1 High Voltage Direct Current (HVDC) System Market Segment by Application
4.1.1 Overhead Transmission
4.1.2 Underground Transmission
4.1.3 Subsea Transmission
4.2 Global High Voltage Direct Current (HVDC) System Market Size by Application
4.2.1 Global High Voltage Direct Current (HVDC) System Market Size Overview by Application (2018-2029)
4.2.2 Global High Voltage Direct Current (HVDC) System Historic Market Size Review by Application (2018-2023)
4.2.3 Global High Voltage Direct Current (HVDC) System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America High Voltage Direct Current (HVDC) System Sales Breakdown by Application (2018-2023)
4.3.2 Europe High Voltage Direct Current (HVDC) System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific High Voltage Direct Current (HVDC) System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America High Voltage Direct Current (HVDC) System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa High Voltage Direct Current (HVDC) System Sales Breakdown by Application (2018-2023)
5 North America High Voltage Direct Current (HVDC) System by Country
5.1 North America High Voltage Direct Current (HVDC) System Historic Market Size by Country
5.1.1 North America High Voltage Direct Current (HVDC) System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America High Voltage Direct Current (HVDC) System Sales in Volume by Country (2018-2023)
5.1.3 North America High Voltage Direct Current (HVDC) System Sales in Value by Country (2018-2023)
5.2 North America High Voltage Direct Current (HVDC) System Forecasted Market Size by Country
5.2.1 North America High Voltage Direct Current (HVDC) System Sales in Volume by Country (2024-2029)
5.2.2 North America High Voltage Direct Current (HVDC) System Sales in Value by Country (2024-2029)
6 Europe High Voltage Direct Current (HVDC) System by Country
6.1 Europe High Voltage Direct Current (HVDC) System Historic Market Size by Country
6.1.1 Europe High Voltage Direct Current (HVDC) System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe High Voltage Direct Current (HVDC) System Sales in Volume by Country (2018-2023)
6.1.3 Europe High Voltage Direct Current (HVDC) System Sales in Value by Country (2018-2023)
6.2 Europe High Voltage Direct Current (HVDC) System Forecasted Market Size by Country
6.2.1 Europe High Voltage Direct Current (HVDC) System Sales in Volume by Country (2024-2029)
6.2.2 Europe High Voltage Direct Current (HVDC) System Sales in Value by Country (2024-2029)
7 Asia-Pacific High Voltage Direct Current (HVDC) System by Region
7.1 Asia-Pacific High Voltage Direct Current (HVDC) System Historic Market Size by Region
7.1.1 Asia-Pacific High Voltage Direct Current (HVDC) System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific High Voltage Direct Current (HVDC) System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific High Voltage Direct Current (HVDC) System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific High Voltage Direct Current (HVDC) System Forecasted Market Size by Region
7.2.1 Asia-Pacific High Voltage Direct Current (HVDC) System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific High Voltage Direct Current (HVDC) System Sales in Value by Region (2024-2029)
8 Latin America High Voltage Direct Current (HVDC) System by Country
8.1 Latin America High Voltage Direct Current (HVDC) System Historic Market Size by Country
8.1.1 Latin America High Voltage Direct Current (HVDC) System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America High Voltage Direct Current (HVDC) System Sales in Volume by Country (2018-2023)
8.1.3 Latin America High Voltage Direct Current (HVDC) System Sales in Value by Country (2018-2023)
8.2 Latin America High Voltage Direct Current (HVDC) System Forecasted Market Size by Country
8.2.1 Latin America High Voltage Direct Current (HVDC) System Sales in Volume by Country (2024-2029)
8.2.2 Latin America High Voltage Direct Current (HVDC) System Sales in Value by Country (2024-2029)
9 Middle East and Africa High Voltage Direct Current (HVDC) System by Country
9.1 Middle East and Africa High Voltage Direct Current (HVDC) System Historic Market Size by Country
9.1.1 Middle East and Africa High Voltage Direct Current (HVDC) System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa High Voltage Direct Current (HVDC) System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa High Voltage Direct Current (HVDC) System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa High Voltage Direct Current (HVDC) System Forecasted Market Size by Country
9.2.1 Middle East and Africa High Voltage Direct Current (HVDC) System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa High Voltage Direct Current (HVDC) System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB High Voltage Direct Current (HVDC) System Products Offered
10.1.5 ABB Recent Development
10.2 Siemens
10.2.1 Siemens Company Information
10.2.2 Siemens Introduction and Business Overview
10.2.3 Siemens High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens High Voltage Direct Current (HVDC) System Products Offered
10.2.5 Siemens Recent Development
10.3 XD
10.3.1 XD Company Information
10.3.2 XD Introduction and Business Overview
10.3.3 XD High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 XD High Voltage Direct Current (HVDC) System Products Offered
10.3.5 XD Recent Development
10.4 NR Electric
10.4.1 NR Electric Company Information
10.4.2 NR Electric Introduction and Business Overview
10.4.3 NR Electric High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 NR Electric High Voltage Direct Current (HVDC) System Products Offered
10.4.5 NR Electric Recent Development
10.5 GE Grid Solution
10.5.1 GE Grid Solution Company Information
10.5.2 GE Grid Solution Introduction and Business Overview
10.5.3 GE Grid Solution High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 GE Grid Solution High Voltage Direct Current (HVDC) System Products Offered
10.5.5 GE Grid Solution Recent Development
10.6 NKT
10.6.1 NKT Company Information
10.6.2 NKT Introduction and Business Overview
10.6.3 NKT High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.6.4 NKT High Voltage Direct Current (HVDC) System Products Offered
10.6.5 NKT Recent Development
10.7 TBEA
10.7.1 TBEA Company Information
10.7.2 TBEA Introduction and Business Overview
10.7.3 TBEA High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.7.4 TBEA High Voltage Direct Current (HVDC) System Products Offered
10.7.5 TBEA Recent Development
10.8 XJ Group Corporation
10.8.1 XJ Group Corporation Company Information
10.8.2 XJ Group Corporation Introduction and Business Overview
10.8.3 XJ Group Corporation High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.8.4 XJ Group Corporation High Voltage Direct Current (HVDC) System Products Offered
10.8.5 XJ Group Corporation Recent Development
10.9 Hitachi ABB Power Grids
10.9.1 Hitachi ABB Power Grids Company Information
10.9.2 Hitachi ABB Power Grids Introduction and Business Overview
10.9.3 Hitachi ABB Power Grids High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hitachi ABB Power Grids High Voltage Direct Current (HVDC) System Products Offered
10.9.5 Hitachi ABB Power Grids Recent Development
10.10 Nexans
10.10.1 Nexans Company Information
10.10.2 Nexans Introduction and Business Overview
10.10.3 Nexans High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Nexans High Voltage Direct Current (HVDC) System Products Offered
10.10.5 Nexans Recent Development
10.11 Toshiba
10.11.1 Toshiba Company Information
10.11.2 Toshiba Introduction and Business Overview
10.11.3 Toshiba High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Toshiba High Voltage Direct Current (HVDC) System Products Offered
10.11.5 Toshiba Recent Development
10.12 Mitsubishi Electric
10.12.1 Mitsubishi Electric Company Information
10.12.2 Mitsubishi Electric Introduction and Business Overview
10.12.3 Mitsubishi Electric High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Mitsubishi Electric High Voltage Direct Current (HVDC) System Products Offered
10.12.5 Mitsubishi Electric Recent Development
10.13 Abengoa
10.13.1 Abengoa Company Information
10.13.2 Abengoa Introduction and Business Overview
10.13.3 Abengoa High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Abengoa High Voltage Direct Current (HVDC) System Products Offered
10.13.5 Abengoa Recent Development
10.14 Prysmian Group
10.14.1 Prysmian Group Company Information
10.14.2 Prysmian Group Introduction and Business Overview
10.14.3 Prysmian Group High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Prysmian Group High Voltage Direct Current (HVDC) System Products Offered
10.14.5 Prysmian Group Recent Development
10.15 China XD Group
10.15.1 China XD Group Company Information
10.15.2 China XD Group Introduction and Business Overview
10.15.3 China XD Group High Voltage Direct Current (HVDC) System Sales, Revenue and Gross Margin (2018-2023)
10.15.4 China XD Group High Voltage Direct Current (HVDC) System Products Offered
10.15.5 China XD Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 High Voltage Direct Current (HVDC) System Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 High Voltage Direct Current (HVDC) System Industrial Chain Analysis
11.4 High Voltage Direct Current (HVDC) System Market Dynamics
11.4.1 High Voltage Direct Current (HVDC) System Industry Trends
11.4.2 High Voltage Direct Current (HVDC) System Market Drivers
11.4.3 High Voltage Direct Current (HVDC) System Market Challenges
11.4.4 High Voltage Direct Current (HVDC) System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 High Voltage Direct Current (HVDC) System Distributors
12.3 High Voltage Direct Current (HVDC) System Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

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