Summary
HVDC Transmission System uses direct current for the bulk transmission of electrical power, in contrast with the more common alternating current (AC) systems. For long-distance transmission, HVDC systems may be less expensive and suffer lower electrical losses. For underwater power cables, HVDC avoids the heavy currents required to charge and discharge the cable capacitance each cycle. For shorter distances, the higher cost of DC conversion equipment compared to an AC system may still be justified, due to other benefits of direct current links.
The global HVDC Transmission System market will reach Volume Million USD in 2019 and with a CAGR xx% between 2020-2026.
High-power Rating Projects
Low power Rating Projects
Demand Coverage (Market Size & Forecast, Consumer Distribution):
Overhead Transmission
Underground Transmission
Subsea Transmission
ABB
Siemens
XD Group
NR Electric
GE Grid Solution
NKT
TBEA
Xuji Group
Hitachi
Nexans
Toshiba
Mitsubishi Electric
Abengoa
North America
Europe
Asia-Pacific
South America
Middle East & Africa
HVDC Transmission System uses direct current for the bulk transmission of electrical power, in contrast with the more common alternating current (AC) systems. For long-distance transmission, HVDC systems may be less expensive and suffer lower electrical losses. For underwater power cables, HVDC avoids the heavy currents required to charge and discharge the cable capacitance each cycle. For shorter distances, the higher cost of DC conversion equipment compared to an AC system may still be justified, due to other benefits of direct current links.
The global HVDC Transmission System market will reach Volume Million USD in 2019 and with a CAGR xx% between 2020-2026.
Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):
High-power Rating Projects
Low power Rating Projects
Demand Coverage (Market Size & Forecast, Consumer Distribution):
Overhead Transmission
Underground Transmission
Subsea Transmission
Company Coverage (Sales data, Main Products & Services etc.):
ABB
Siemens
XD Group
NR Electric
GE Grid Solution
NKT
TBEA
Xuji Group
Hitachi
Nexans
Toshiba
Mitsubishi Electric
Abengoa
Major Region
MarketNorth America
Europe
Asia-Pacific
South America
Middle East & Africa
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.