
The global HVDC Devices market size is expected to reach $ million by 2030, rising at a market growth of % CAGR during the forecast period (2024-2030).
Renewable Energy Integration: The transition towards renewable energy sources such as wind and solar power was driving the need for efficient long-distance electricity transmission. HVDC technology enables the integration of remote renewable energy resources into existing power grids by overcoming transmission constraints and reducing power losses over long distances.
Grid Modernization Initiatives: Increasing investments in grid modernization projects, particularly in aging infrastructure regions, were driving the adoption of HVDC transmission systems. HVDC devices facilitate the upgrade and expansion of power transmission networks, improving grid reliability, stability, and capacity while enabling the integration of renewable energy and distributed generation resources.
This report studies the global HVDC Devices demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for HVDC Devices, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of HVDC Devices that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global HVDC Devices total market, 2019-2030, (USD Million)
Global HVDC Devices total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: HVDC Devices total market, key domestic companies and share, (USD Million)
Global HVDC Devices revenue by player and market share 2019-2024, (USD Million)
Global HVDC Devices total market by Type, CAGR, 2019-2030, (USD Million)
Global HVDC Devices total market by Application, CAGR, 2019-2030, (USD Million).
This reports profiles major players in the global HVDC Devices market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group, GE Grid Solution, TBEA, Xuji Group, Nexans and NKT, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World HVDC Devices market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global HVDC Devices Âé¶¹Ô´´, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global HVDC Devices Âé¶¹Ô´´, Segmentation by Type
Voltage-Source Converters (VSC)
Converter Transformers
HVDC Converter Stations
Other
Global HVDC Devices Âé¶¹Ô´´, Segmentation by Application
Overhead Transmission
Underground Transmission
Subsea Transmission
Companies Profiled:
Hitachi ABB Power Grids
Siemens
Prysmian Group
XD Group
GE Grid Solution
TBEA
Xuji Group
Nexans
NKT
Toshiba Energy Systems & Solutions
Mitsubishi Electric
Key Questions Answered
1. How big is the global HVDC Devices market?
2. What is the demand of the global HVDC Devices market?
3. What is the year over year growth of the global HVDC Devices market?
4. What is the total value of the global HVDC Devices market?
5. Who are the major players in the global HVDC Devices market?
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Supply Summary
1.1 HVDC Devices Introduction
1.2 World HVDC Devices Âé¶¹Ô´´ Size & Forecast (2019 & 2023 & 2030)
1.3 World HVDC Devices Total Âé¶¹Ô´´ by Region (by Headquarter Location)
1.3.1 World HVDC Devices Âé¶¹Ô´´ Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States HVDC Devices Âé¶¹Ô´´ Size (2019-2030)
1.3.3 China HVDC Devices Âé¶¹Ô´´ Size (2019-2030)
1.3.4 Europe HVDC Devices Âé¶¹Ô´´ Size (2019-2030)
1.3.5 Japan HVDC Devices Âé¶¹Ô´´ Size (2019-2030)
1.3.6 South Korea HVDC Devices Âé¶¹Ô´´ Size (2019-2030)
1.3.7 ASEAN HVDC Devices Âé¶¹Ô´´ Size (2019-2030)
1.3.8 India HVDC Devices Âé¶¹Ô´´ Size (2019-2030)
1.4 Âé¶¹Ô´´ Drivers, Restraints and Trends
1.4.1 HVDC Devices Âé¶¹Ô´´ Drivers
1.4.2 Factors Affecting Demand
1.4.3 HVDC Devices Major Âé¶¹Ô´´ Trends
2 Demand Summary
2.1 World HVDC Devices Consumption Value (2019-2030)
2.2 World HVDC Devices Consumption Value by Region
2.2.1 World HVDC Devices Consumption Value by Region (2019-2024)
2.2.2 World HVDC Devices Consumption Value Forecast by Region (2025-2030)
2.3 United States HVDC Devices Consumption Value (2019-2030)
2.4 China HVDC Devices Consumption Value (2019-2030)
2.5 Europe HVDC Devices Consumption Value (2019-2030)
2.6 Japan HVDC Devices Consumption Value (2019-2030)
2.7 South Korea HVDC Devices Consumption Value (2019-2030)
2.8 ASEAN HVDC Devices Consumption Value (2019-2030)
2.9 India HVDC Devices Consumption Value (2019-2030)
3 World HVDC Devices Companies Competitive Analysis
3.1 World HVDC Devices Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global HVDC Devices Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for HVDC Devices in 2023
3.2.3 Global Concentration Ratios (CR8) for HVDC Devices in 2023
3.3 HVDC Devices Company Evaluation Quadrant
3.4 HVDC Devices Âé¶¹Ô´´: Overall Company Footprint Analysis
3.4.1 HVDC Devices Âé¶¹Ô´´: Region Footprint
3.4.2 HVDC Devices Âé¶¹Ô´´: Company Product Type Footprint
3.4.3 HVDC Devices Âé¶¹Ô´´: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Âé¶¹Ô´´ Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity
4 United States VS China VS Rest of the World (by Headquarter Location)
4.1 United States VS China: HVDC Devices Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: HVDC Devices Âé¶¹Ô´´ Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: HVDC Devices Revenue Âé¶¹Ô´´ Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: HVDC Devices Consumption Value Comparison
4.2.1 United States VS China: HVDC Devices Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: HVDC Devices Consumption Value Âé¶¹Ô´´ Share Comparison (2019 & 2023 & 2030)
4.3 United States Based HVDC Devices Companies and Âé¶¹Ô´´ Share, 2019-2024
4.3.1 United States Based HVDC Devices Companies, Headquarters (States, Country)
4.3.2 United States Based Companies HVDC Devices Revenue, (2019-2024)
4.4 China Based Companies HVDC Devices Revenue and Âé¶¹Ô´´ Share, 2019-2024
4.4.1 China Based HVDC Devices Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies HVDC Devices Revenue, (2019-2024)
4.5 Rest of World Based HVDC Devices Companies and Âé¶¹Ô´´ Share, 2019-2024
4.5.1 Rest of World Based HVDC Devices Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies HVDC Devices Revenue, (2019-2024)
5 Âé¶¹Ô´´ Analysis by Type
5.1 World HVDC Devices Âé¶¹Ô´´ Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Voltage-Source Converters (VSC)
5.2.2 Converter Transformers
5.2.3 HVDC Converter Stations
5.2.4 Other
5.3 Âé¶¹Ô´´ Segment by Type
5.3.1 World HVDC Devices Âé¶¹Ô´´ Size by Type (2019-2024)
5.3.2 World HVDC Devices Âé¶¹Ô´´ Size by Type (2025-2030)
5.3.3 World HVDC Devices Âé¶¹Ô´´ Size Âé¶¹Ô´´ Share by Type (2019-2030)
6 Âé¶¹Ô´´ Analysis by Application
6.1 World HVDC Devices Âé¶¹Ô´´ Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Overhead Transmission
6.2.2 Underground Transmission
6.2.3 Subsea Transmission
6.3 Âé¶¹Ô´´ Segment by Application
6.3.1 World HVDC Devices Âé¶¹Ô´´ Size by Application (2019-2024)
6.3.2 World HVDC Devices Âé¶¹Ô´´ Size by Application (2025-2030)
6.3.3 World HVDC Devices Âé¶¹Ô´´ Size by Application (2019-2030)
7 Company Profiles
7.1 Hitachi ABB Power Grids
7.1.1 Hitachi ABB Power Grids Details
7.1.2 Hitachi ABB Power Grids Major Business
7.1.3 Hitachi ABB Power Grids HVDC Devices Product and Services
7.1.4 Hitachi ABB Power Grids HVDC Devices Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
7.1.5 Hitachi ABB Power Grids Recent Developments/Updates
7.1.6 Hitachi ABB Power Grids Competitive Strengths & Weaknesses
7.2 Siemens
7.2.1 Siemens Details
7.2.2 Siemens Major Business
7.2.3 Siemens HVDC Devices Product and Services
7.2.4 Siemens HVDC Devices Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
7.2.5 Siemens Recent Developments/Updates
7.2.6 Siemens Competitive Strengths & Weaknesses
7.3 Prysmian Group
7.3.1 Prysmian Group Details
7.3.2 Prysmian Group Major Business
7.3.3 Prysmian Group HVDC Devices Product and Services
7.3.4 Prysmian Group HVDC Devices Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
7.3.5 Prysmian Group Recent Developments/Updates
7.3.6 Prysmian Group Competitive Strengths & Weaknesses
7.4 XD Group
7.4.1 XD Group Details
7.4.2 XD Group Major Business
7.4.3 XD Group HVDC Devices Product and Services
7.4.4 XD Group HVDC Devices Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
7.4.5 XD Group Recent Developments/Updates
7.4.6 XD Group Competitive Strengths & Weaknesses
7.5 GE Grid Solution
7.5.1 GE Grid Solution Details
7.5.2 GE Grid Solution Major Business
7.5.3 GE Grid Solution HVDC Devices Product and Services
7.5.4 GE Grid Solution HVDC Devices Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
7.5.5 GE Grid Solution Recent Developments/Updates
7.5.6 GE Grid Solution Competitive Strengths & Weaknesses
7.6 TBEA
7.6.1 TBEA Details
7.6.2 TBEA Major Business
7.6.3 TBEA HVDC Devices Product and Services
7.6.4 TBEA HVDC Devices Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
7.6.5 TBEA Recent Developments/Updates
7.6.6 TBEA Competitive Strengths & Weaknesses
7.7 Xuji Group
7.7.1 Xuji Group Details
7.7.2 Xuji Group Major Business
7.7.3 Xuji Group HVDC Devices Product and Services
7.7.4 Xuji Group HVDC Devices Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
7.7.5 Xuji Group Recent Developments/Updates
7.7.6 Xuji Group Competitive Strengths & Weaknesses
7.8 Nexans
7.8.1 Nexans Details
7.8.2 Nexans Major Business
7.8.3 Nexans HVDC Devices Product and Services
7.8.4 Nexans HVDC Devices Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
7.8.5 Nexans Recent Developments/Updates
7.8.6 Nexans Competitive Strengths & Weaknesses
7.9 NKT
7.9.1 NKT Details
7.9.2 NKT Major Business
7.9.3 NKT HVDC Devices Product and Services
7.9.4 NKT HVDC Devices Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
7.9.5 NKT Recent Developments/Updates
7.9.6 NKT Competitive Strengths & Weaknesses
7.10 Toshiba Energy Systems & Solutions
7.10.1 Toshiba Energy Systems & Solutions Details
7.10.2 Toshiba Energy Systems & Solutions Major Business
7.10.3 Toshiba Energy Systems & Solutions HVDC Devices Product and Services
7.10.4 Toshiba Energy Systems & Solutions HVDC Devices Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
7.10.5 Toshiba Energy Systems & Solutions Recent Developments/Updates
7.10.6 Toshiba Energy Systems & Solutions Competitive Strengths & Weaknesses
7.11 Mitsubishi Electric
7.11.1 Mitsubishi Electric Details
7.11.2 Mitsubishi Electric Major Business
7.11.3 Mitsubishi Electric HVDC Devices Product and Services
7.11.4 Mitsubishi Electric HVDC Devices Revenue, Gross Margin and Âé¶¹Ô´´ Share (2019-2024)
7.11.5 Mitsubishi Electric Recent Developments/Updates
7.11.6 Mitsubishi Electric Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 HVDC Devices Industry Chain
8.2 HVDC Devices Upstream Analysis
8.3 HVDC Devices Midstream Analysis
8.4 HVDC Devices Downstream Analysis
9 Research Findings and Conclusion
10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Hitachi ABB Power Grids
Siemens
Prysmian Group
XD Group
GE Grid Solution
TBEA
Xuji Group
Nexans
NKT
Toshiba Energy Systems & Solutions
Mitsubishi Electric
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*If Applicable.
