Companies Dominating the HVDC Converter Station Landscape
- ABB, Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Siemens AG
- General Electric Company
- XJ Group Corporation
- Bharat Heavy Electricals Limited
- Alstom SA
- Nissin Electric Co Ltd.
- Toshiba Corporation
- Hitachi Ltd.
- C-EPRI Electric Power Engineering Co. Ltd
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
Currently in 2025, the industry revenue of HVDC converter station is evaluated at USD 12.4 billion.
The global HVDC converter station market is set to rise from USD 11.72 billion in 2024 to USD 33.04 billion by 2037, reflecting a CAGR of more than 8.3% during the forecast timeline, from 2025 to 2037.
Asia Pacific industry is set to account for largest revenue share of 35% by 2037, attributed to fact that there is a huge demand for transmission systems in China and India and a growing need for electricity to transport bulk goods in the region.
The major players in the market include ABB, Ltd., Siemens AG, General Electric Company, XJ Group Corporation, Bharat Heavy Electricals Limited, Alstom SA, Nissin Electric Co Ltd., Toshiba Corporation, Hitachi Ltd., C-EPRI Electric Power Engineering Co. Ltd.
