Global High Voltage Direct Current (HVDC) Transmission 麻豆原创 Growth (Status and Outlook) 2025-2031

Publication ID:

LPI04252196

Publication Date:

April 21, 2025

Pages:

104

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Energy Trading & 麻豆原创ing [2]

Electricity [3]

Energy & Utilities [4]

Description:

The global High Voltage Direct Current (HVDC) Transmission market size is predicted to grow from US$ 10830 million in 2025 to US$ 16570 million in 2031; it is expected to grow at a CAGR of 7.3% from 2025 to 2031.
HVDC Transmission uses direct current for the bulk transmission of electrical power, in contrast with the more common alternating current (AC) systems. For long-distance transmission, HVDC systems may be less expensive and suffer lower electrical losses. For underwater power cables, HVDC avoids the heavy currents required to charge and discharge the cable capacitance each cycle. For shorter distances, the higher cost of DC conversion equipment compared to an AC system may still be justified, due to other benefits of direct current links.
HVDC allows power transmission between unsynchronized AC transmission systems. Since the power flow through an HVDC link can be controlled independently of the phase angle between source and load, it can stabilize a network against disturbances due to rapid changes in power. HVDC also allows transfer of power between grid systems running at different frequencies, such as 50 Hz and 60 Hz. This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.
Global key players of high voltage direct current (HVDC) transmission include Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group and GE Grid Solution, etc. Top 2 players occupy for a share about 45%. Asia-Pacific is the largest market, with a share about 62%, followed by North America and Europe. In terms of product, less than 400 KV is the largest segment, with a share over 56%. In terms of application, overhead transmission is the largest market, with a share over 74%.
The 鈥淗igh Voltage Direct Current (HVDC) Transmission Industry Forecast鈥� looks at past sales and reviews total world High Voltage Direct Current (HVDC) Transmission sales in 2024, providing a comprehensive analysis by region and market sector of projected High Voltage Direct Current (HVDC) Transmission sales for 2025 through 2031. With High Voltage Direct Current (HVDC) Transmission sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Voltage Direct Current (HVDC) Transmission industry.
This Insight Report provides a comprehensive analysis of the global High Voltage Direct Current (HVDC) Transmission landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on High Voltage Direct Current (HVDC) Transmission portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global High Voltage Direct Current (HVDC) Transmission market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Voltage Direct Current (HVDC) Transmission and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Voltage Direct Current (HVDC) Transmission.
This report presents a comprehensive overview, market shares, and growth opportunities of High Voltage Direct Current (HVDC) Transmission market by product type, application, key players and key regions and countries.
Segmentation by Type:
Less than 400 KV
400-800 KV
Above 800 KV
Segmentation by Application:
Overhead Transmission
Underground Transmission
Subsea Transmission
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hitachi ABB Power Grids
Siemens
Prysmian Group
XD Group
GE Grid Solution
TBEA
Xuji Group
Nexans
NKT
Toshiba Energy Systems & Solutions
Mitsubishi Electric
NR Electric

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size (2020-2031)
2.1.2 High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for High Voltage Direct Current (HVDC) Transmission by Country/Region (2020, 2024 & 2031)
2.2 High Voltage Direct Current (HVDC) Transmission Segment by Type
2.2.1 Less than 400 KV
2.2.2 400-800 KV
2.2.3 Above 800 KV
2.3 High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Type
2.3.1 High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size 麻豆原创 Share by Type (2020-2025)
2.4 High Voltage Direct Current (HVDC) Transmission Segment by Application
2.4.1 Overhead Transmission
2.4.2 Underground Transmission
2.4.3 Subsea Transmission
2.5 High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Application
2.5.1 High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size 麻豆原创 Share by Application (2020-2025)
3 High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Player
3.1 High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size 麻豆原创 Share by Player
3.1.1 Global High Voltage Direct Current (HVDC) Transmission Revenue by Player (2020-2025)
3.1.2 Global High Voltage Direct Current (HVDC) Transmission Revenue 麻豆原创 Share by Player (2020-2025)
3.2 Global High Voltage Direct Current (HVDC) Transmission Key Players Head office and Products Offered
3.3 麻豆原创 Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 High Voltage Direct Current (HVDC) Transmission by Region
4.1 High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Region (2020-2025)
4.2 Global High Voltage Direct Current (HVDC) Transmission Annual Revenue by Country/Region (2020-2025)
4.3 Americas High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size Growth (2020-2025)
4.4 APAC High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size Growth (2020-2025)
4.5 Europe High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size Growth (2020-2025)
4.6 Middle East & Africa High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size Growth (2020-2025)
5 Americas
5.1 Americas High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Country (2020-2025)
5.2 Americas High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Type (2020-2025)
5.3 Americas High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Region (2020-2025)
6.2 APAC High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Type (2020-2025)
6.3 APAC High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Country (2020-2025)
7.2 Europe High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Type (2020-2025)
7.3 Europe High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa High Voltage Direct Current (HVDC) Transmission by Region (2020-2025)
8.2 Middle East & Africa High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Type (2020-2025)
8.3 Middle East & Africa High Voltage Direct Current (HVDC) Transmission 麻豆原创 Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Global High Voltage Direct Current (HVDC) Transmission 麻豆原创 Forecast
10.1 Global High Voltage Direct Current (HVDC) Transmission Forecast by Region (2026-2031)
10.1.1 Global High Voltage Direct Current (HVDC) Transmission Forecast by Region (2026-2031)
10.1.2 Americas High Voltage Direct Current (HVDC) Transmission Forecast
10.1.3 APAC High Voltage Direct Current (HVDC) Transmission Forecast
10.1.4 Europe High Voltage Direct Current (HVDC) Transmission Forecast
10.1.5 Middle East & Africa High Voltage Direct Current (HVDC) Transmission Forecast
10.2 Americas High Voltage Direct Current (HVDC) Transmission Forecast by Country (2026-2031)
10.2.1 United States 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.2.2 Canada 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.2.3 Mexico 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.2.4 Brazil 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.3 APAC High Voltage Direct Current (HVDC) Transmission Forecast by Region (2026-2031)
10.3.1 China High Voltage Direct Current (HVDC) Transmission 麻豆原创 Forecast
10.3.2 Japan 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.3.3 Korea 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.3.4 Southeast Asia 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.3.5 India 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.3.6 Australia 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.4 Europe High Voltage Direct Current (HVDC) Transmission Forecast by Country (2026-2031)
10.4.1 Germany 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.4.2 France 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.4.3 UK 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.4.4 Italy 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.4.5 Russia 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.5 Middle East & Africa High Voltage Direct Current (HVDC) Transmission Forecast by Region (2026-2031)
10.5.1 Egypt 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.5.2 South Africa 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.5.3 Israel 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.5.4 Turkey 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
10.6 Global High Voltage Direct Current (HVDC) Transmission Forecast by Type (2026-2031)
10.7 Global High Voltage Direct Current (HVDC) Transmission Forecast by Application (2026-2031)
10.7.1 GCC Countries 麻豆原创 High Voltage Direct Current (HVDC) Transmission Forecast
11 Key Players Analysis
11.1 Hitachi ABB Power Grids
11.1.1 Hitachi ABB Power Grids Company Information
11.1.2 Hitachi ABB Power Grids High Voltage Direct Current (HVDC) Transmission Product Offered
11.1.3 Hitachi ABB Power Grids High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.1.4 Hitachi ABB Power Grids Main Business Overview
11.1.5 Hitachi ABB Power Grids Latest Developments
11.2 Siemens
11.2.1 Siemens Company Information
11.2.2 Siemens High Voltage Direct Current (HVDC) Transmission Product Offered
11.2.3 Siemens High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.2.4 Siemens Main Business Overview
11.2.5 Siemens Latest Developments
11.3 Prysmian Group
11.3.1 Prysmian Group Company Information
11.3.2 Prysmian Group High Voltage Direct Current (HVDC) Transmission Product Offered
11.3.3 Prysmian Group High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.3.4 Prysmian Group Main Business Overview
11.3.5 Prysmian Group Latest Developments
11.4 XD Group
11.4.1 XD Group Company Information
11.4.2 XD Group High Voltage Direct Current (HVDC) Transmission Product Offered
11.4.3 XD Group High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.4.4 XD Group Main Business Overview
11.4.5 XD Group Latest Developments
11.5 GE Grid Solution
11.5.1 GE Grid Solution Company Information
11.5.2 GE Grid Solution High Voltage Direct Current (HVDC) Transmission Product Offered
11.5.3 GE Grid Solution High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.5.4 GE Grid Solution Main Business Overview
11.5.5 GE Grid Solution Latest Developments
11.6 TBEA
11.6.1 TBEA Company Information
11.6.2 TBEA High Voltage Direct Current (HVDC) Transmission Product Offered
11.6.3 TBEA High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.6.4 TBEA Main Business Overview
11.6.5 TBEA Latest Developments
11.7 Xuji Group
11.7.1 Xuji Group Company Information
11.7.2 Xuji Group High Voltage Direct Current (HVDC) Transmission Product Offered
11.7.3 Xuji Group High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.7.4 Xuji Group Main Business Overview
11.7.5 Xuji Group Latest Developments
11.8 Nexans
11.8.1 Nexans Company Information
11.8.2 Nexans High Voltage Direct Current (HVDC) Transmission Product Offered
11.8.3 Nexans High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.8.4 Nexans Main Business Overview
11.8.5 Nexans Latest Developments
11.9 NKT
11.9.1 NKT Company Information
11.9.2 NKT High Voltage Direct Current (HVDC) Transmission Product Offered
11.9.3 NKT High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.9.4 NKT Main Business Overview
11.9.5 NKT Latest Developments
11.10 Toshiba Energy Systems & Solutions
11.10.1 Toshiba Energy Systems & Solutions Company Information
11.10.2 Toshiba Energy Systems & Solutions High Voltage Direct Current (HVDC) Transmission Product Offered
11.10.3 Toshiba Energy Systems & Solutions High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.10.4 Toshiba Energy Systems & Solutions Main Business Overview
11.10.5 Toshiba Energy Systems & Solutions Latest Developments
11.11 Mitsubishi Electric
11.11.1 Mitsubishi Electric Company Information
11.11.2 Mitsubishi Electric High Voltage Direct Current (HVDC) Transmission Product Offered
11.11.3 Mitsubishi Electric High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.11.4 Mitsubishi Electric Main Business Overview
11.11.5 Mitsubishi Electric Latest Developments
11.12 NR Electric
11.12.1 NR Electric Company Information
11.12.2 NR Electric High Voltage Direct Current (HVDC) Transmission Product Offered
11.12.3 NR Electric High Voltage Direct Current (HVDC) Transmission Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.12.4 NR Electric Main Business Overview
11.12.5 NR Electric Latest Developments
12 Research Findings and Conclusion

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