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Global High Voltage Direct Current (HVDC) Transmission Systems Market Report, History and Forecast 2014-2025, Breakdown Data by Companies, Key Regions, Types and Application
SKU ID : QYR-14143070 | Publishing Date : 25-Apr-2019 | No. of pages : 108
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Summary
High-Voltage Direct Current (HVDC) transmission technology is a crucial technology holding potential to disrupt the power transmission landscape of the world. This technology is at the forefront of the emerging "smart grid" revolution and has emerged as an economically-viable solution for bulk and long-distance power transmission. Various countries are adopting HVDC, due to its cutting-edge features over HVAC, such as long-distance transmission, asynchronous transmission, ease in controlling the active power link, the possibility of bulk power transmission, and low loss (typically 30-50% less transmission loss than comparable alternating current overhead lines) in the transmission of power.
The demand for HVDC transmission systems is estimated to increase in the coming years since they are the optimal solution for long distance transmission. The increasing demand for power for commercial, industrial, and household activities has increased the need for developing a diverse portfolio of energy generation mix. Additionally, it has also resulted in the supply of high voltage power through long transmission lines. In HVAC, the system can limit large voltage transfer due to its reactive power flow, whereas in HVDC, there is no limitation on large voltage transmission through cables. This makes it an optimal solution for transmitting large voltage over a long distance.
The emergence of hybrid HVDC circuit breakers is one of the latest trends contributing to gain traction in the HVDC transmission systems market during the next four years. The existing power transmission lines that use AC systems for the transmission of power are now converted into DC systems to increase power transmitting limits. The use of HVDC breakers can help in reducing the fault current to flow into the system. Moreover, it can also reduce the bottleneck in HVDC transmission grids and provide integration between renewable energy and HVDC transmission interconnections.
In 2018, the global High Voltage Direct Current (HVDC) Transmission Systems market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% between 2019 and 2025.
This report studies the High Voltage Direct Current (HVDC) Transmission Systems market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the global top players, covered
ABB
GE Grid Solutions
Siemens
Nexans
NKT
Toshiba
NR Electric
Prysmian Group
American Semiconductor
TransGrid Solutions
ATCO Electric
LSIS
Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Submarine HVDC Transmission System
HVDC Overhead Transmission System
HVDC Underground Transmission System
Market segment by Application, the market can be split into
Underground / Underwater Power Transmission
Asynchronous Grid Interconnection
Off-Shore Power Transmission
Multi Terminal (HVDC Networked Grids)
Island Connections
Off-Shore Wind Farms
Urban In-feed
Others
The study objectives of this report are:
To study and forecast the market size of High Voltage Direct Current (HVDC) Transmission Systems in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast among global major regions.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of High Voltage Direct Current (HVDC) Transmission Systems are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of High Voltage Direct Current (HVDC) Transmission Systems market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
High-Voltage Direct Current (HVDC) transmission technology is a crucial technology holding potential to disrupt the power transmission landscape of the world. This technology is at the forefront of the emerging "smart grid" revolution and has emerged as an economically-viable solution for bulk and long-distance power transmission. Various countries are adopting HVDC, due to its cutting-edge features over HVAC, such as long-distance transmission, asynchronous transmission, ease in controlling the active power link, the possibility of bulk power transmission, and low loss (typically 30-50% less transmission loss than comparable alternating current overhead lines) in the transmission of power.
The demand for HVDC transmission systems is estimated to increase in the coming years since they are the optimal solution for long distance transmission. The increasing demand for power for commercial, industrial, and household activities has increased the need for developing a diverse portfolio of energy generation mix. Additionally, it has also resulted in the supply of high voltage power through long transmission lines. In HVAC, the system can limit large voltage transfer due to its reactive power flow, whereas in HVDC, there is no limitation on large voltage transmission through cables. This makes it an optimal solution for transmitting large voltage over a long distance.
The emergence of hybrid HVDC circuit breakers is one of the latest trends contributing to gain traction in the HVDC transmission systems market during the next four years. The existing power transmission lines that use AC systems for the transmission of power are now converted into DC systems to increase power transmitting limits. The use of HVDC breakers can help in reducing the fault current to flow into the system. Moreover, it can also reduce the bottleneck in HVDC transmission grids and provide integration between renewable energy and HVDC transmission interconnections.
In 2018, the global High Voltage Direct Current (HVDC) Transmission Systems market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% between 2019 and 2025.
This report studies the High Voltage Direct Current (HVDC) Transmission Systems market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the global top players, covered
ABB
GE Grid Solutions
Siemens
Nexans
NKT
Toshiba
NR Electric
Prysmian Group
American Semiconductor
TransGrid Solutions
ATCO Electric
LSIS
Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Submarine HVDC Transmission System
HVDC Overhead Transmission System
HVDC Underground Transmission System
Market segment by Application, the market can be split into
Underground / Underwater Power Transmission
Asynchronous Grid Interconnection
Off-Shore Power Transmission
Multi Terminal (HVDC Networked Grids)
Island Connections
Off-Shore Wind Farms
Urban In-feed
Others
The study objectives of this report are:
To study and forecast the market size of High Voltage Direct Current (HVDC) Transmission Systems in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast among global major regions.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of High Voltage Direct Current (HVDC) Transmission Systems are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of High Voltage Direct Current (HVDC) Transmission Systems market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
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.
