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

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

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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

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HVDC Converter Station Market Size & Share, Forecast Report 2023-2035

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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.

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.

Companies Dominating the HVDC Converter Station Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What are the major factors driving the growth of the HVDC converter station market?

What would be the CAGR of HVDC converter station market over the forecast period?

What are the challenges affecting the HVDC converter station market growth?

Which region will provide more business opportunities for growth of HVDC converter station market in future?

Who are the major players dominating the HVDC converter station market?

How are the company profiles selected?

What are the segments in the HVDC converter station market?

Which segment captures the largest market size in power rating segment in the HVDC converter station market?