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. Market Analysis and Insights: Global High Voltage Direct Current (HVDC) Transmission Systems Market The global High Voltage Direct Current (HVDC) Transmission Systems market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global High Voltage Direct Current (HVDC) Transmission Systems market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global High Voltage Direct Current (HVDC) Transmission Systems market in terms of revenue. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global High Voltage Direct Current (HVDC) Transmission Systems market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global High Voltage Direct Current (HVDC) Transmission Systems market. Global High Voltage Direct Current (HVDC) Transmission Systems Scope and Market Size High Voltage Direct Current (HVDC) Transmission Systems market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global High Voltage Direct Current (HVDC) Transmission Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027. Segment by Type Submarine HVDC Transmission System HVDC Overhead Transmission System HVDC Underground Transmission System Segment by Application Underground / Underwater Power Transmission Asynchronous Grid Interconnection Off-Shore Power Transmission Multi Terminal (HVDC Networked Grids) Island Connections Off-Shore Wind Farms Others By Region North America U.S. Canada Europe Germany France U.K. Italy Russia Nordic Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA By Company ABB GE Grid Solutions Siemens Nexans NKT Toshiba NR Electric Prysmian Group American Semiconductor TransGrid Solutions ATCO Electric LSIS
1 Report Overview 1.1 Study Scope 1.2 Market Analysis by Type 1.2.1 Global High Voltage Direct Current (HVDC) Transmission Systems Market Size Growth Rate by Type: 2016 VS 2021 VS 2027 1.2.2 Submarine HVDC Transmission System 1.2.3 HVDC Overhead Transmission System 1.2.4 HVDC Underground Transmission System 1.3 Market by Application 1.3.1 Global
