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Global HVDC Transmission Market Size, by Transmission type (Submarine HVDC Transmission System, HVDC Overhead Transmission System and HVDC Underground Transmission System), by Component type (Converter Stations and Transmission Medium (Cables)) and Regional Forecasts 2020-2027

  • BIZ4026523
  • 200 Pages
  • August 2020
  • Semiconductor and Electronics
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Global HVDC Transmission Market is valued approximately at USD 8.77 billion in 2019 and is anticipated to grow with a CAGR of more than 6.90% over the forecast period 2020-2027. High Voltage Direct Current Transmission (HDVC) is essential component to transfer electric power in bulk over long distances. The systems are connected through the power grids in the particular area which helps in eliminating the issues regarding loss of electricity. HDVC is less expensive and is the most efficient solution for transmitting the electrical power generated from solar and wind farms over the long distances. The rapid growth in production of electricity due to rise in its consumption along with growing population is the factor escalating the growth of market over the forecast years. For instance: as per Our world in data, the global generation of renewable energy in 2017 was a 6231.93-terawatt hour and increased to 6673.49-terawatt hour in 2018. Also as per the International Renewable Energy Agency, the global wind energy generated both offshore and onshore in 2016 accounted 954,657Gigawatt hours and which rose to 1,134,492-Gigawatt hour in 2017. Also, the installed capacity of Wind energy in 2018 was 563,820 megawatt and increased to 622,704 megawatts in 2018. In addition, surge in the demand for voltage sourced converter is the factor driving the market growth. However, short circuits in AC power system can result in power faults which hinders the market growth.

The regional analysis of global HVDC Transmission Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the presence of government initiatives regarding usage of HVDC transmission. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rapid growth in production of energy would create lucrative growth prospects for the HVDC Transmission Market across Asia-Pacific region.

Major market player included in this report are:

ABB group

Siemens AG

General Electric

Hitachi, Ltd.

Mitsubishi Electric Corporation

Nexans S.A.

Prysmian Group

Schneider Electric

Toshiba Corporation

TDK Electronics AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Transmission type offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Transmission type:

Submarine HVDC Transmission System

HVDC Overhead Transmission System

HVDC Underground Transmission System

By Component type:

Converter Stations

Transmission Medium (Cables)

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global HVDC Transmission Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)

1.2.1. HVDC transmission systems Market, by Region, 2018-2027 (USD Billion)

1.2.2. HVDC transmission systems Market, by Transmission type, 2018-2027 (USD Billion)

1.2.3. HVDC transmission systems Market, by Component Type, 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global HVDC transmission systems Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global HVDC transmission systems Market Dynamics

3.1. HVDC transmission systems Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global HVDC transmission systems Market: Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global HVDC transmission systems Market, by Transmission type

5.1. Market Snapshot

5.2. Global HVDC transmission systems Market by Transmission type, Performance - Potential Analysis

5.3. Global HVDC transmission systems Market Estimates & Forecasts by Transmission type 2017-2027 (USD Billion)

5.4. HVDC transmission systems Market, Sub Segment Analysis

5.4.1. Submarine HVDC Transmission System

5.4.2. HVDC Overhead Transmission System

5.4.3. HVDC Underground Transmission System

Chapter 6. Global HVDC transmission systems Market, by Component Type

6.1. Market Snapshot

6.2. Global HVDC transmission systems Market by Component Type, Performance - Potential Analysis

6.3. Global HVDC transmission systems Market Estimates & Forecasts by Component Type 2017-2027 (USD Billion)

6.4. HVDC transmission systems Market, Sub Segment Analysis

6.4.1. Converter Stations

6.4.2. Transmission Medium (Cables)

Chapter 7. Global HVDC transmission systems Market, Regional Analysis

7.1. HVDC transmission systems Market, Regional Market Snapshot

7.2. North America HVDC transmission systems Market

7.2.1. U.S. HVDC transmission systems Market

7.2.1.1. Transmission type breakdown estimates & forecasts, 2017-2027

7.2.1.2. Component Type breakdown estimates & forecasts, 2017-2027

7.2.2. Canada HVDC transmission systems Market

7.3. Europe HVDC transmission systems Market Snapshot

7.3.1. U.K. HVDC transmission systems Market

7.3.2. Germany HVDC transmission systems Market

7.3.3. France HVDC transmission systems Market

7.3.4. Spain HVDC transmission systems Market

7.3.5. Italy HVDC transmission systems Market

7.3.6. Rest of Europe HVDC transmission systems Market

7.4. Asia-Pacific HVDC transmission systems Market Snapshot

7.4.1. China HVDC transmission systems Market

7.4.2. India HVDC transmission systems Market

7.4.3. Japan HVDC transmission systems Market

7.4.4. Australia HVDC transmission systems Market

7.4.5. South Korea HVDC transmission systems Market

7.4.6. Rest of Asia Pacific HVDC transmission systems Market

7.5. Latin America HVDC transmission systems Market Snapshot

7.5.1. Brazil HVDC transmission systems Market

7.5.2. Mexico HVDC transmission systems Market

7.6. Rest of The World HVDC transmission systems Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. ABB group

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Transmission type Summary

8.2.1.5. Recent Developments

8.2.2. Siemens AG

8.2.3. General Electric

8.2.4. Hitachi, Ltd.

8.2.5. Mitsubishi Electric Corporation

8.2.6. Nexans S.A.

8.2.7. Prysmian Group

8.2.8. Schneider Electric

8.2.9. Toshiba Corporation

8.2.10. TDK Electronics AG

Chapter 9. Research Transmission type

9.1. Research Transmission type

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

TABLE 1. Global HVDC transmission systems Market, report scope

TABLE 2. Global HVDC transmission systems Market estimates & forecasts by region 2017-2027 (USD Billion)

TABLE 3. Global HVDC transmission systems Market estimates & forecasts by Transmission type 2017-2027 (USD Billion)

TABLE 4. Global HVDC transmission systems Market estimates & forecasts by Component Type 2017-2027 (USD Billion)

TABLE 5. Global HVDC transmission systems Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 6. Global HVDC transmission systems Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 7. Global HVDC transmission systems Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 8. Global HVDC transmission systems Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 9. Global HVDC transmission systems Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 10. Global HVDC transmission systems Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 11. Global HVDC transmission systems Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 12. Global HVDC transmission systems Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 13. Global HVDC transmission systems Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 14. Global HVDC transmission systems Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 15. Global HVDC transmission systems Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 16. Global HVDC transmission systems Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 17. Global HVDC transmission systems Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 18. Global HVDC transmission systems Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 19. Global HVDC transmission systems Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 20. Global HVDC transmission systems Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 21. U.S. HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 22. U.S. HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 23. U.S. HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 24. Canada HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 25. Canada HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 26. Canada HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 27. UK HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 28. UK HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 29. UK HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 30. Germany HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 31. Germany HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 32. Germany HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 33. France HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 34. France HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 35. France HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 36. Spain HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 37. Spain HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 38. Spain HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 39. Italy HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 40. Italy HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 41. Italy HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 42. ROE HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 43. ROE HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 44. ROE HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 45. China HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 46. China HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 47. China HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 48. India HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 49. India HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 50. India HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 51. Japan HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 52. Japan HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 53. Japan HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 54. Australia HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 55. Australia HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 56. Australia HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 57. South Korea HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 58. South Korea HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 59. South Korea HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 60. ROPAC HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 61. ROPAC HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 62. ROPAC HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 63. Brazil HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 64. Brazil HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 65. Brazil HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 66. Mexico HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 67. Mexico HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 68. Mexico HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 69. ROLA HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 70. ROLA HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 71. ROLA HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 72. ROW HVDC transmission systems Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 73. ROW HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 74. ROW HVDC transmission systems Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 75. List of secondary sources, used in the study of global HVDC transmission systems Market

TABLE 76. List of primary sources, used in the study of global HVDC transmission systems Market

TABLE 77. Years considered for the study

TABLE 78. Exchange rates considered

 
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