Press release
HVDC Transmission Systems Market is Set to Experience Revolutionary Growth by 2025 | Top Players- ABB, GE Grid Solutions, Siemens, Nexans, NKT, Toshiba
HVDC Transmission Systems Market
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Key Players Analyzed:-
• ABB
• GE Grid Solutions
• Siemens
• Nexans
• NKT
• Toshiba
• NR Electric
• Prysmian Group
• American Semiconductor
• TransGrid Solutions
• ATCO Electric
• LSIS
High-Voltage Direct Current (HVDC) transmission technology is a crucial technology holding potential to disrupt the power transmission landscape of the world. This technology is at the forefront of the emerging "smart grid" revolution and has emerged as an economically-viable solution for bulk and long-distance power transmission.
Various countries are adopting HVDC, due to its cutting-edge features over HVAC, such as long-distance transmission, asynchronous transmission, ease in controlling the active power link, the possibility of bulk power transmission, and low loss (typically 30-50% less transmission loss than comparable alternating current overhead lines) in the transmission of power.
The demand for HVDC transmission systems is estimated to increase in the coming years since they are the optimal solution for long distance transmission. The increasing demand for power for commercial, industrial, and household activities has increased the need for developing a diverse portfolio of energy generation mix. Additionally, it has also resulted in the supply of high voltage power through long transmission lines. In HVAC, the system can limit large voltage transfer due to its reactive power flow, whereas in HVDC, there is no limitation on large voltage transmission through cables. This makes it an optimal solution for transmitting large voltage over a long distance.
The emergence of hybrid HVDC circuit breakers is one of the latest trends contributing to gain traction in the HVDC transmission systems market during the next four years. The existing power transmission lines that use AC systems for the transmission of power are now converted into DC systems to increase power transmitting limits. The use of HVDC breakers can help in reducing the fault current to flow into the system. Moreover, it can also reduce the bottleneck in HVDC transmission grids and provide integration between renewable energy and HVDC transmission interconnections.
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In the following section, the report provides the HVDC Transmission Systems company outline, statements of the product, and performance values. With the support of the arithmetical study, the report demonstrates the complete international HVDC Transmission Systems market inclusive of amplitude, production, manufacturing value, loss/gain, HVDC Transmission Systems supply/demand and import/export. The HVDC Transmission Systems market report is divided into key companies, by regions, and by various sectors such as application, type for the competitive landscape analyze.
Analysis of various HVDC Transmission Systems categories of product and end-user applications, product types of HVDC Transmission Systems market is estimated on the basis of previous market and present market scenario. It involved Global HVDC Transmission Systems market values with respect to growth rate, market size, and share and consumption. Further, it gives details, prerequisite, and features of HVDC Transmission Systems market that boost the growth of the HVDC Transmission Systems industry.
Market segment by Type, the product can be split into
• Submarine HVDC Transmission System
• HVDC Overhead Transmission System
• HVDC Underground Transmission System
Market segment by Application, split into
• Underground / Underwater Power Transmission
• Asynchronous Grid Interconnection
• Off-Shore Power Transmission
• Multi Terminal (HVDC Networked Grids)
• Island Connections
• Off-Shore Wind Farms
• Urban In-feed
• Others
Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America
In this study, the years considered to estimate the market size of HVDC Transmission Systems are as follows:
• History Year: 2014-2018
• Base Year: 2018
• Estimated Year: 2019
• Forecast Year 2019 to 2025
The study objectives of this report are:
• To analyze global HVDC Transmission Systems status, future forecast, growth opportunity, key market and key players.
• To present the HVDC Transmission Systems development in United States, Europe and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the market by product type, market and key regions.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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There are 15 Chapters to thoroughly display the HVDC Transmission Systems market. This report included the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data by types, applications and regions.
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global High Voltage Direct Current (HVDC) Transmission Systems Market Size Growth Rate by Type (2014-2025)
1.4.2 Submarine HVDC Transmission System
1.4.3 HVDC Overhead Transmission System
1.4.4 HVDC Underground Transmission System
1.5 Market by Application
1.5.1 Global High Voltage Direct Current (HVDC) Transmission Systems Market Share by Application (2014-2025)
1.5.2 Underground / Underwater Power Transmission
1.5.3 Asynchronous Grid Interconnection
1.5.4 Off-Shore Power Transmission
1.5.5 Multi Terminal (HVDC Networked Grids)
1.5.6 Island Connections
1.5.7 Off-Shore Wind Farms
1.5.8 Urban In-feed
1.5.9 Others
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 High Voltage Direct Current (HVDC) Transmission Systems Market Size
2.2 High Voltage Direct Current (HVDC) Transmission Systems Growth Trends by Regions
2.2.1 High Voltage Direct Current (HVDC) Transmission Systems Market Size by Regions (2014-2025)
2.2.2 High Voltage Direct Current (HVDC) Transmission Systems Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
3 Market Share by Key Players
3.1 High Voltage Direct Current (HVDC) Transmission Systems Market Size by Manufacturers
3.1.1 Global High Voltage Direct Current (HVDC) Transmission Systems Revenue by Manufacturers (2014-2019)
3.1.2 Global High Voltage Direct Current (HVDC) Transmission Systems Revenue Market Share by Manufacturers (2014-2019)
3.1.3 Global High Voltage Direct Current (HVDC) Transmission Systems Market Concentration Ratio (CR5 and HHI)
3.2 High Voltage Direct Current (HVDC) Transmission Systems Key Players Head office and Area Served
3.3 Key Players High Voltage Direct Current (HVDC) Transmission Systems Product/Solution/Service
3.4 Date of Enter into High Voltage Direct Current (HVDC) Transmission Systems Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
4.1 Global High Voltage Direct Current (HVDC) Transmission Systems Market Size by Type (2014-2019)
4.2 Global High Voltage Direct Current (HVDC) Transmission Systems Market Size by Application (2014-2019)
5 United States
5.1 United States High Voltage Direct Current (HVDC) Transmission Systems Market Size (2014-2019)
5.2 High Voltage Direct Current (HVDC) Transmission Systems Key Players in United States
5.3 United States High Voltage Direct Current (HVDC) Transmission Systems Market Size by Type
5.4 United States High Voltage Direct Current (HVDC) Transmission Systems Market Size by Application
6 Europe
6.1 Europe High Voltage Direct Current (HVDC) Transmission Systems Market Size (2014-2019)
6.2 High Voltage Direct Current (HVDC) Transmission Systems Key Players in Europe
6.3 Europe High Voltage Direct Current (HVDC) Transmission Systems Market Size by Type
6.4 Europe High Voltage Direct Current (HVDC) Transmission Systems Market Size by Application
7 China
7.1 China High Voltage Direct Current (HVDC) Transmission Systems Market Size (2014-2019)
7.2 High Voltage Direct Current (HVDC) Transmission Systems Key Players in China
7.3 China High Voltage Direct Current (HVDC) Transmission Systems Market Size by Type
7.4 China High Voltage Direct Current (HVDC) Transmission Systems Market Size by Application
8 Japan
8.1 Japan High Voltage Direct Current (HVDC) Transmission Systems Market Size (2014-2019)
8.2 High Voltage Direct Current (HVDC) Transmission Systems Key Players in Japan
8.3 Japan High Voltage Direct Current (HVDC) Transmission Systems Market Size by Type
8.4 Japan High Voltage Direct Current (HVDC) Transmission Systems Market Size by Application
9 Southeast Asia
9.1 Southeast Asia High Voltage Direct Current (HVDC) Transmission Systems Market Size (2014-2019)
9.2 High Voltage Direct Current (HVDC) Transmission Systems Key Players in Southeast Asia
9.3 Southeast Asia High Voltage Direct Current (HVDC) Transmission Systems Market Size by Type
9.4 Southeast Asia High Voltage Direct Current (HVDC) Transmission Systems Market Size by Application
10 India
10.1 India High Voltage Direct Current (HVDC) Transmission Systems Market Size (2014-2019)
10.2 High Voltage Direct Current (HVDC) Transmission Systems Key Players in India
10.3 India High Voltage Direct Current (HVDC) Transmission Systems Market Size by Type
10.4 India High Voltage Direct Current (HVDC) Transmission Systems Market Size by Application
11 Central & South America
11.1 Central & South America High Voltage Direct Current (HVDC) Transmission Systems Market Size (2014-2019)
11.2 High Voltage Direct Current (HVDC) Transmission Systems Key Players in Central & South America
11.3 Central & South America High Voltage Direct Current (HVDC) Transmission Systems Market Size by Type
11.4 Central & South America High Voltage Direct Current (HVDC) Transmission Systems Market Size by Application
12 International Players Profiles
13 Market Forecast 2019-2025
13.1 Market Size Forecast by Regions
13.2 United States
13.3 Europe
13.4 China
13.5 Japan
13.6 Southeast Asia
13.7 India
13.8 Central & South America
13.9 Market Size Forecast by Product (2019-2025)
13.10 Market Size Forecast by Application (2019-2025)
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Disclaimer
15.3 Author Details
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