+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free

HVDC Technology Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Pre Book Price: $ 5216

Original Price: $ 5795

The majority of the world’s transmission systems and electrical grids have been made using alternating current. However in recent times, direct current (DC) lines are gaining significant market share in the overall integrated power grids of the world. Primarily being used are High Voltage Direct Current (HVDC) lines to transmit power over long distances. Due to the inherent nature of direct current, HVDC systems allow regional power grids to be connected asynchronously which eliminate many outage causing grid stability issues. HVDC power transmission systems use direct current for bulk transmission of electricity. HVDC systems are less expensive for long-distance transmission of electricity and they also tend to give low electrical losses. During the transmission of electricity through HVDC system it doubles the voltage of the power transmitted which reduces the line losses per unit of electricity. HVDC systems facilitate transmission of power generated from hydel plants, solar panels or wind plants through long distance. The deployment of HVDC line has lead to interconnection of AC grid with HVDC which has strengthened the power capacity and increased the reliability of power grid. There is growing need for cable based transmission instead of overhead lines which makes HVDC to be the future energy transmission option.

One of the primary drivers behind the growth of the HVDC market is the growing electricity consumption in the world. New technologies such as voltage-source converters (VSC’s) have significantly addressed concerns regarding the capability of classic HVDC systems. Due to high voltage during transmission and the nature of direct current, electricity transmission through such lines results in much lower transmission losses. Other advantages include the lesser space requirement for the towers carrying these lines. 

The primary components of HVDC systems can be segmented on the basis of converter technology being used as well as the types of cables and conductors employed. The types of converter technology include current source converter and voltage source converter. The different types of cables and conductors include underground cables, overhead conductors and extruded submarine cables. High investments have been made for upgrading the ageing infrastructure which has led to the growth of HVDC transmission systems in the American countries. 

Few companies profiled in this market research report include Siemens AG, American Superconductor Corpora (AMSC), ABB, General Electric, Mitsubishi Heavy Industries, Toshiba and Alstom.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

Reasons for Buying this Report
  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a technological growth map over time to understand the industry growth rate
  • It provides a seven-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments

To receive discount, please click on the button below.

Please click on the button below to customize this report.

Back To Top