Energy and Power

Global HVDC Converter Station Market 2014-2018

  • TEC132627
  • 80 Pages
  • October 2014
  • Energy and Power
About HVDC Converter Station
A high-voltage, direct current (HVDC) converter station is a specialized type of substation, which is used as an end-to-end equipment for HVDC transmission lines. An HVDC converter station is generally used for the transmission of bulk power to long distances. These stations mainly transmit power from renewable energy sources located at remote areas to urban areas by converting alternate current (AC) to DC or vice versa. Along with the converter, the HVDC converter station usually contains:
Three-phase AC switch gear
Transformers
Capacitors or synchronous condensers for reactive power
Filters for harmonic suppression
DC switch gear
TechNavio's analysts forecast the Global HVDC Converter Station market to grow at a CAGR of 22.2 percent over the period 2013-2018.
Covered in this Report
TechNavio's report, the Global HVDC Converter Station Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global HVDC Converter Station Market forecast and its growth prospects in the coming years. The report also includes market segmentation by configuration type along with the geographical segmentation of Global HVDC Converter Station market. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
ABB
Alstom
GE Energy
Hitachi
Siemens
Other Prominent Vendors

ASEA Power Systems
Ceiec Electric Technology
Marubeni Power International
Mitsubishi
State Grid Corporation of China
Toshiba
Market Driver
Strong Offshore Wind Energy Growth
For a full, detailed list, view our report
Market Challenge
Transmission Congestion and Instability
For a full, detailed list, view our report
Market Trend
Increased Investment in the HVDC System
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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