Global HVDC Converter Stations Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

Power is generated, transmitted and distributed as AC, and most of the time, power is also consumed as AC. However, when transmitting power over long distances such as from an offshore wind farm, an AC line would be uneconomical due to the high power losses that such transmission involves. In such situations, DC power is used, and the conversion of AC power to DC for transmission is achieved using a converter station.

Scope of the Report:
This report focuses on the HVDC Converter Stations in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The major factors driving the growth of the market is the increasing requirement for cost-effective solutions for bulk power transfer and increasing need for connecting asynchronous grids. Due to these, there has been a rapid adoption of HVDC in Europe and Asia Pacific creating a market opportunity for the HVDC Converter Station Market. Increasing requirement to transfer bulk power over long distances and the connection of the renewable energy resources to the national grid are driving the market for HVDC converter stations.
The rise in the use of thyristor valves has increased the demand for LCC HVDC systems because of the better reliability of the thyristor technology. In the recent years, technical improvements and compact designs with large-capacity thyristors (up to 8.5 kV, 4 kA) have contributed to the progress of HVDC applications in the Asia Pacific region, because of which there have been large UHVDC projects with the LCC technology in China. The trend is expected to continue in the by 2022 as the major economies in Asia and Europe such as China and the UK, among others are still struggling to meet the energy requirement in the country.
The worldwide market for HVDC Converter Stations is expected to grow at a CAGR of roughly 7.6% over the next five years, will reach 110300 million US$ in 2023, from 71100 million US$ in 2017, according to a new study.

Market Segment by Manufacturers, this report covers
Power Industry
Powering Island and Remote Loads
Interconnecting Networks
Oil & Gas
Other

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Monopolar
Bi-Polar
Back to Back
Multi-Terminal

Market Segment by Applications, can be divided into
Power Industry
Powering Island and Remote Loads
Interconnecting Networks
Oil & Gas
Others

There are 15 Chapters to deeply display the global HVDC Converter Stations market.
Chapter 1, to describe HVDC Converter Stations Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of HVDC Converter Stations, with sales, revenue, and price of HVDC Converter Stations, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of HVDC Converter Stations, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, HVDC Converter Stations market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe HVDC Converter Stations sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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