Global HVDC Converter Station Market Analysis and Forecast 2024-2030

Global HVDC Converter Station Market Analysis and Forecast 2024-2030


Summary

An HVDC converter station (or simply converter station) is a specialised type of substation which forms the terminal equipment for a high-voltage direct current (HVDC) transmission line. It converts direct current to alternating current or the reverse.

According to APO Research, The global HVDC Converter Station market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for HVDC Converter Station is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for HVDC Converter Station is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for HVDC Converter Station is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for HVDC Converter Station is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of HVDC Converter Station include ABB, Siemens, GE & Alstom Energy, BHEL, Orano, Hitachi, Toshiba and Mitsubishi, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the HVDC Converter Station production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of HVDC Converter Station by region (region level and country level), by Company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for HVDC Converter Station, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of HVDC Converter Station, also provides the consumption of main regions and countries. Of the upcoming market potential for HVDC Converter Station, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the HVDC Converter Station sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global HVDC Converter Station market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for HVDC Converter Station sales, projected growth trends, production technology, application and end-user industry.

HVDC Converter Station segment by Company

ABB
Siemens
GE & Alstom Energy
BHEL
Orano
Hitachi
Toshiba
Mitsubishi
HVDC Converter Station segment by Type

0-500MW
501MW-999MW
1000MW-2000MW
2000+ MW
HVDC Converter Station segment by Application

Underground Power links
Powering Island and Remote Loads
Connecting Wind Farms
Interconnecting Networks
Oil & Gas Platforms
HVDC Converter Station segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global HVDC Converter Station market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of HVDC Converter Station and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of HVDC Converter Station.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: HVDC Converter Station production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of HVDC Converter Station in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of HVDC Converter Station manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, HVDC Converter Station sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: Middle East, Africa, Latin America by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 HVDC Converter Station Market by Type
1.2.1 Global HVDC Converter Station Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 0-500MW
1.2.3 501MW-999MW
1.2.4 1000MW-2000MW
1.2.5 2000+ MW
1.3 HVDC Converter Station Market by Application
1.3.1 Global HVDC Converter Station Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Underground Power links
1.3.3 Powering Island and Remote Loads
1.3.4 Connecting Wind Farms
1.3.5 Interconnecting Networks
1.3.6 Oil & Gas Platforms
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 HVDC Converter Station Market Dynamics
2.1 HVDC Converter Station Industry Trends
2.2 HVDC Converter Station Industry Drivers
2.3 HVDC Converter Station Industry Opportunities and Challenges
2.4 HVDC Converter Station Industry Restraints
3 Global HVDC Converter Station Production Overview
3.1 Global HVDC Converter Station Production Capacity (2019-2030)
3.2 Global HVDC Converter Station Production by Region: 2019 VS 2023 VS 2030
3.3 Global HVDC Converter Station Production by Region
3.3.1 Global HVDC Converter Station Production by Region (2019-2024)
3.3.2 Global HVDC Converter Station Production by Region (2025-2030)
3.3.3 Global HVDC Converter Station Production Market Share by Region (2019-2030)
3.4 North America
3.5 Europe
3.6 China
3.7 Japan
4 Global Market Growth Prospects
4.1 Global HVDC Converter Station Revenue Estimates and Forecasts (2019-2030)
4.2 Global HVDC Converter Station Revenue by Region
4.2.1 Global HVDC Converter Station Revenue by Region: 2019 VS 2023 VS 2030
4.2.2 Global HVDC Converter Station Revenue by Region (2019-2024)
4.2.3 Global HVDC Converter Station Revenue by Region (2025-2030)
4.2.4 Global HVDC Converter Station Revenue Market Share by Region (2019-2030)
4.3 Global HVDC Converter Station Sales Estimates and Forecasts 2019-2030
4.4 Global HVDC Converter Station Sales by Region
4.4.1 Global HVDC Converter Station Sales by Region: 2019 VS 2023 VS 2030
4.4.2 Global HVDC Converter Station Sales by Region (2019-2024)
4.4.3 Global HVDC Converter Station Sales by Region (2025-2030)
4.4.4 Global HVDC Converter Station Sales Market Share by Region (2019-2030)
4.5 US & Canada
4.6 Europe
4.7 China
4.8 Asia (Excluding China)
4.9 Middle East, Africa and Latin America
5 Market Competitive Landscape by Manufacturers
5.1 Global HVDC Converter Station Revenue by Manufacturers
5.1.1 Global HVDC Converter Station Revenue by Manufacturers (2019-2024)
5.1.2 Global HVDC Converter Station Revenue Market Share by Manufacturers (2019-2024)
5.1.3 Global HVDC Converter Station Manufacturers Revenue Share Top 10 and Top 5 in 2023
5.2 Global HVDC Converter Station Sales by Manufacturers
5.2.1 Global HVDC Converter Station Sales by Manufacturers (2019-2024)
5.2.2 Global HVDC Converter Station Sales Market Share by Manufacturers (2019-2024)
5.2.3 Global HVDC Converter Station Manufacturers Sales Share Top 10 and Top 5 in 2023
5.3 Global HVDC Converter Station Sales Price by Manufacturers (2019-2024)
5.4 Global HVDC Converter Station Key Manufacturers Ranking, 2022 VS 2023 VS 2024
5.5 Global HVDC Converter Station Key Manufacturers Manufacturing Sites & Headquarters
5.6 Global HVDC Converter Station Manufacturers, Product Type & Application
5.7 Global HVDC Converter Station Manufacturers Commercialization Time
5.8 Market Competitive Analysis
5.8.1 Global HVDC Converter Station Market CR5 and HHI
5.8.2 2023 HVDC Converter Station Tier 1, Tier 2, and Tier 3
6 HVDC Converter Station Market by Type
6.1 Global HVDC Converter Station Revenue by Type
6.1.1 Global HVDC Converter Station Revenue by Type (2019 VS 2023 VS 2030)
6.1.2 Global HVDC Converter Station Revenue by Type (2019-2030) & (US$ Million)
6.1.3 Global HVDC Converter Station Revenue Market Share by Type (2019-2030)
6.2 Global HVDC Converter Station Sales by Type
6.2.1 Global HVDC Converter Station Sales by Type (2019 VS 2023 VS 2030)
6.2.2 Global HVDC Converter Station Sales by Type (2019-2030) & (K Units)
6.2.3 Global HVDC Converter Station Sales Market Share by Type (2019-2030)
6.3 Global HVDC Converter Station Price by Type
7 HVDC Converter Station Market by Application
7.1 Global HVDC Converter Station Revenue by Application
7.1.1 Global HVDC Converter Station Revenue by Application (2019 VS 2023 VS 2030)
7.1.2 Global HVDC Converter Station Revenue by Application (2019-2030) & (US$ Million)
7.1.3 Global HVDC Converter Station Revenue Market Share by Application (2019-2030)
7.2 Global HVDC Converter Station Sales by Application
7.2.1 Global HVDC Converter Station Sales by Application (2019 VS 2023 VS 2030)
7.2.2 Global HVDC Converter Station Sales by Application (2019-2030) & (K Units)
7.2.3 Global HVDC Converter Station Sales Market Share by Application (2019-2030)
7.3 Global HVDC Converter Station Price by Application
8 Company Profiles
8.1 ABB
8.1.1 ABB Comapny Information
8.1.2 ABB Business Overview
8.1.3 ABB HVDC Converter Station Sales, Revenue, Price and Gross Margin (2019-2024)
8.1.4 ABB HVDC Converter Station Product Portfolio
8.1.5 ABB Recent Developments
8.2 Siemens
8.2.1 Siemens Comapny Information
8.2.2 Siemens Business Overview
8.2.3 Siemens HVDC Converter Station Sales, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Siemens HVDC Converter Station Product Portfolio
8.2.5 Siemens Recent Developments
8.3 GE & Alstom Energy
8.3.1 GE & Alstom Energy Comapny Information
8.3.2 GE & Alstom Energy Business Overview
8.3.3 GE & Alstom Energy HVDC Converter Station Sales, Revenue, Price and Gross Margin (2019-2024)
8.3.4 GE & Alstom Energy HVDC Converter Station Product Portfolio
8.3.5 GE & Alstom Energy Recent Developments
8.4 BHEL
8.4.1 BHEL Comapny Information
8.4.2 BHEL Business Overview
8.4.3 BHEL HVDC Converter Station Sales, Revenue, Price and Gross Margin (2019-2024)
8.4.4 BHEL HVDC Converter Station Product Portfolio
8.4.5 BHEL Recent Developments
8.5 Orano
8.5.1 Orano Comapny Information
8.5.2 Orano Business Overview
8.5.3 Orano HVDC Converter Station Sales, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Orano HVDC Converter Station Product Portfolio
8.5.5 Orano Recent Developments
8.6 Hitachi
8.6.1 Hitachi Comapny Information
8.6.2 Hitachi Business Overview
8.6.3 Hitachi HVDC Converter Station Sales, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Hitachi HVDC Converter Station Product Portfolio
8.6.5 Hitachi Recent Developments
8.7 Toshiba
8.7.1 Toshiba Comapny Information
8.7.2 Toshiba Business Overview
8.7.3 Toshiba HVDC Converter Station Sales, Revenue, Price and Gross Margin (2019-2024)
8.7.4 Toshiba HVDC Converter Station Product Portfolio
8.7.5 Toshiba Recent Developments
8.8 Mitsubishi
8.8.1 Mitsubishi Comapny Information
8.8.2 Mitsubishi Business Overview
8.8.3 Mitsubishi HVDC Converter Station Sales, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Mitsubishi HVDC Converter Station Product Portfolio
8.8.5 Mitsubishi Recent Developments
9 North America
9.1 North America HVDC Converter Station Market Size by Type
9.1.1 North America HVDC Converter Station Revenue by Type (2019-2030)
9.1.2 North America HVDC Converter Station Sales by Type (2019-2030)
9.1.3 North America HVDC Converter Station Price by Type (2019-2030)
9.2 North America HVDC Converter Station Market Size by Application
9.2.1 North America HVDC Converter Station Revenue by Application (2019-2030)
9.2.2 North America HVDC Converter Station Sales by Application (2019-2030)
9.2.3 North America HVDC Converter Station Price by Application (2019-2030)
9.3 North America HVDC Converter Station Market Size by Country
9.3.1 North America HVDC Converter Station Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
9.3.2 North America HVDC Converter Station Sales by Country (2019 VS 2023 VS 2030)
9.3.3 North America HVDC Converter Station Price by Country (2019-2030)
9.3.4 U.S.
9.3.5 Canada
10 Europe
10.1 Europe HVDC Converter Station Market Size by Type
10.1.1 Europe HVDC Converter Station Revenue by Type (2019-2030)
10.1.2 Europe HVDC Converter Station Sales by Type (2019-2030)
10.1.3 Europe HVDC Converter Station Price by Type (2019-2030)
10.2 Europe HVDC Converter Station Market Size by Application
10.2.1 Europe HVDC Converter Station Revenue by Application (2019-2030)
10.2.2 Europe HVDC Converter Station Sales by Application (2019-2030)
10.2.3 Europe HVDC Converter Station Price by Application (2019-2030)
10.3 Europe HVDC Converter Station Market Size by Country
10.3.1 Europe HVDC Converter Station Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
10.3.2 Europe HVDC Converter Station Sales by Country (2019 VS 2023 VS 2030)
10.3.3 Europe HVDC Converter Station Price by Country (2019-2030)
10.3.4 Germany
10.3.5 France
10.3.6 U.K.
10.3.7 Italy
10.3.8 Russia
11 China
11.1 China HVDC Converter Station Market Size by Type
11.1.1 China HVDC Converter Station Revenue by Type (2019-2030)
11.1.2 China HVDC Converter Station Sales by Type (2019-2030)
11.1.3 China HVDC Converter Station Price by Type (2019-2030)
11.2 China HVDC Converter Station Market Size by Application
11.2.1 China HVDC Converter Station Revenue by Application (2019-2030)
11.2.2 China HVDC Converter Station Sales by Application (2019-2030)
11.2.3 China HVDC Converter Station Price by Application (2019-2030)
12 Asia (Excluding China)
12.1 Asia HVDC Converter Station Market Size by Type
12.1.1 Asia HVDC Converter Station Revenue by Type (2019-2030)
12.1.2 Asia HVDC Converter Station Sales by Type (2019-2030)
12.1.3 Asia HVDC Converter Station Price by Type (2019-2030)
12.2 Asia HVDC Converter Station Market Size by Application
12.2.1 Asia HVDC Converter Station Revenue by Application (2019-2030)
12.2.2 Asia HVDC Converter Station Sales by Application (2019-2030)
12.2.3 Asia HVDC Converter Station Price by Application (2019-2030)
12.3 Asia HVDC Converter Station Market Size by Country
12.3.1 Asia HVDC Converter Station Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
12.3.2 Asia HVDC Converter Station Sales by Country (2019 VS 2023 VS 2030)
12.3.3 Asia HVDC Converter Station Price by Country (2019-2030)
12.3.4 Japan
12.3.5 South Korea
12.3.6 India
12.3.7 Australia
12.3.8 China Taiwan
12.3.9 Southeast Asia
13 Middle East, Africa and Latin America
13.1 Middle East, Africa and Latin America HVDC Converter Station Market Size by Type
13.1.1 Middle East, Africa and Latin America HVDC Converter Station Revenue by Type (2019-2030)
13.1.2 Middle East, Africa and Latin America HVDC Converter Station Sales by Type (2019-2030)
13.1.3 Middle East, Africa and Latin America HVDC Converter Station Price by Type (2019-2030)
13.2 Middle East, Africa and Latin America HVDC Converter Station Market Size by Application
13.2.1 Middle East, Africa and Latin America HVDC Converter Station Revenue by Application (2019-2030)
13.2.2 Middle East, Africa and Latin America HVDC Converter Station Sales by Application (2019-2030)
13.2.3 Middle East, Africa and Latin America HVDC Converter Station Price by Application (2019-2030)
13.3 Middle East, Africa and Latin America HVDC Converter Station Market Size by Country
13.3.1 Middle East, Africa and Latin America HVDC Converter Station Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
13.3.2 Middle East, Africa and Latin America HVDC Converter Station Sales by Country (2019 VS 2023 VS 2030)
13.3.3 Middle East, Africa and Latin America HVDC Converter Station Price by Country (2019-2030)
13.3.4 Mexico
13.3.5 Brazil
13.3.6 Israel
13.3.7 Argentina
13.3.8 Colombia
13.3.9 Turkey
13.3.10 Saudi Arabia
13.3.11 UAE
14 Value Chain and Sales Channels Analysis
14.1 HVDC Converter Station Value Chain Analysis
14.1.1 HVDC Converter Station Key Raw Materials
14.1.2 Raw Materials Key Suppliers
14.1.3 Manufacturing Cost Structure
14.1.4 HVDC Converter Station Production Mode & Process
14.2 HVDC Converter Station Sales Channels Analysis
14.2.1 Direct Comparison with Distribution Share
14.2.2 HVDC Converter Station Distributors
14.2.3 HVDC Converter Station Customers
15 Concluding Insights
16 Appendix
16.1 Reasons for Doing This Study
16.2 Research Methodology
16.3 Research Process
16.4 Authors List of This Report
16.5 Data Source
16.5.1 Secondary Sources
16.5.2 Primary Sources
16.6 Disclaimer

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