HVDC Market Outlook to 2027 - ABB, C-EPRI Electric Power Engineering, General Electric, Mitsubishi Electric, NEXANS, NKT A/S, NR Electric, Prysmian, Siemens, Toshiba

HVDC Transmission (high-voltage, direct current) is a power transmission system in which DC (Direct Current) is used for bulk transmission of electrical power. HDVC transmission is very useful for long distance transmission as it is a cheaper way and have less electrical losses. The power flow in HVDC transmission can be controlled independently of the phase angle between source and load and can stabilize disturbance in the network.

The "Global HVDC transmission Market Analysis to 2027" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of HVDC transmission market with detailed market segmentation by component, project type, technology and geography.

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The report enables you to-

- Formulate significant competitor information, analysis, and insights to improve R&D strategies
- Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
- Identify and understand important and diverse types of HVDC under development
- Develop market entry and market expansion strategies
- Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
- In-depth analysis of the product's current stage of development, territory and estimated launch date

The HVDC transmission market is anticipated to grow in the forecast period owing to driving factors such as increasing demand for VSC technology, supportive government initiatives for HVDC transmission, however, the higher cost of installation of HDVC transmission systems is the primary factor that might hinder the growth of HVDC transmission market. The increasing demand for integrated networks is creating demand for the companies operating in the HVDC transmission market.

Leading Key Players:

1. ABB Ltd.
2. C-EPRI Electric Power Engineering Co., Ltd.
3. General Electric
4. Mitsubishi Electric
5. NEXANS
6. NKT A/S
7. NR Electric Co., Ltd.
8. Prysmian Group
9. Siemens AG
10. Toshiba Corporation

The global HVDC transmission market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading HVDC transmission market players and offers key trends and opportunities in the HVDC transmission market.

The global HVDC transmission market is segmented on the basis of component, project type, and technology. Based component, the market is segmented as converter stations, transmission cables, others. On the basis of the project type the market is segmented as point-to-point, and back-to-back, multi-terminal. On the basis of technology the market is divided into capacitor commutated converter, voltage source converter, and line commutated converter.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global HVDC transmission market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.

The HVDC transmission market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting HVDC transmission market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the HVDC transmission market in these regions.

The report also includes the profiles of key HVDC transmission companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

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Reason to Buy

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global HVDC Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the HVDC Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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This release was published on openPR.