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HVDC Transmission Market Revenue, Price and Competitive Situation Analysis 2016-2028| Key Players ABB, Siemens, General Electric, Hitachi, Mitsubishi Electric, Nexans, NKT A/S, NR Electric

03-11-2020 01:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

HVDC Transmission Market

HVDC Transmission Market

This detailed market study focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global HVDC (high voltage direct current) transmission.

According to the report, the HVDC (high voltage direct current) transmission systems are used for power transmission over long distances. These make use of DC for transmission of power. They can interconnect networks of varying frequencies and features.

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Key Factors Impacting Market Growth:
o Allows for long-distance transmission with less attenuation
o Increasing inclination towards renewable energy
o Increasing support from government by developing policies for HVDC transmission

Regional segmentation and analysis to understand growth patterns:

The market has been segmented in major regions to understand the global development and demand patterns of this market.
Detailed information for markets like North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World is provided by the global outlook for HVDC (high voltage direct current) transmission systems. During the forecast period, North America and Western Europe are projected as main regions for shortwave infrared sector. As one of the developed regions, the energy & power sector is important for the operations of different industries in this area

This is one of the key factors regulating HVDC (high voltage direct current) transmission systems growth in those regions. Some of the major countries covered in this region include the USA, Germany, United Kingdom, France, Italy, Canada, etc.

During the forecast period Asia Pacific is expected to be one of the fastest growing regions for the HVDC (high voltage direct current) transmission systems. Some of the fastest-growing economies and increasing energy & power demand to cater for high population & industries are expected to drive demand in this area. During the forecast period, China and India are expected to record large demand. During the forecast period, the Middle East which includes the UAE, Saudi Arabia, Iran, Qatar and others promises high market potential. In terms of market demand during the forecast period, the rest of the world including South America and Africa are developing regions.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. ABB
2. Siemens
3. General Electric
4. Hitachi
5. Mitsubishi Electric
6. Nexans
7. NKT A/S
8. NR Electric
9. C-EPRI Electric Power Engineering
10. Prysmian Group

This report provides:
1) An overview of the global market for HVDC (high voltage direct current) transmission systems and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global HVDC (high voltage direct current) transmission systems.
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in industry.

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The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

Market Segmentation:

By Component:
Converter Stations
Transmission Cables
Others

By Technology:
CCC Based
LCC based
VSC Based

By Project Type:
Back-to-Back
Point-to-Point
Multi-terminal

By Application:
Bulk Power Transmission
Infeed Urban Areas
Interconnecting Grids

By Region:
North America
By Country (US, Canada, Mexico)
By Component
By Technology
By Project Type
By Application

Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Component
By Technology
By Project Type
By Application

Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Component
By Technology
By Project Type
By Application

Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Component
By Technology
By Project Type
By Application

Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Component
By Technology
By Project Type
By Application

Rest of the World
By Region (South America, Africa)
By Component
By Technology
By Project Type
By Application

Reasons To Buy This Report:
Market size estimation of the HVDC Transmission Market on a regional and global basis
The unique research design for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:

QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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