HVDC Converter Station Market Size & Share, by Configuration (Monopolar, Bi-Polar, Back-to-Back, Multi-Terminal); Technology (Voltage Source Converter, Line Commutated Converter); Power Rating (Below 500 MW, >500-1000 MW, >1000-1500 MW, >1500-2000 MW, >2000 MW); Component (Converter, DC Equipment, Converter Transformer) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3723
  • Published Date: Mar 31, 2023
  • Report Format: PDF, PPT

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 Market Insights with Data Illustration:


In The News

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  • Indegene, a provider of technology-driven healthcare solutions, and meta Me Health, the manufacturer of Regulora and a prescription digital therapy (PDT) company, have announced that Regulora is a drug for the treatment of stomach pain (IBS) associated with irritable bowel syndrome.

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 3723
  • Published Date: Mar 31, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing number of cross border power transmission activities, and rising renewable energy generation capacity globally are the major factors driving the growth of the HVDC converter station market.

The market is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2023-2035.

High cost of HVDC terminal stations is estimated to hamper the market growth.

The market in Asia Pacific is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are ABB, Ltd., Siemens AG, General Electric Company, XJ Group Corporation, Bharat Heavy Electricals Limited, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by configuration, technology, power rating, component, and by region.

The >2000 MW segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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