Global HVDC Converter Transformers Market Growth 2023-2029

Global HVDC Converter Transformers Market Growth 2023-2029

In the HVDC station, the converter transformer steps-up the generated AC voltages to the required level. The converter station takes the electric power from the three-phase AC network and rectifies it to DC, which is then transmitted through overhead lines (or cables).

LPI (LP Information)' newest research report, the “HVDC Converter Transformers Industry Forecast” looks at past sales and reviews total world HVDC Converter Transformers sales in 2022, providing a comprehensive analysis by region and market sector of projected HVDC Converter Transformers sales for 2023 through 2029. With HVDC Converter Transformers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HVDC Converter Transformers industry.

This Insight Report provides a comprehensive analysis of the global HVDC Converter Transformers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HVDC Converter Transformers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global HVDC Converter Transformers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HVDC Converter Transformers 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 HVDC Converter Transformers.

The global HVDC Converter Transformers market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for HVDC Converter Transformers is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for HVDC Converter Transformers is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for HVDC Converter Transformers is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key HVDC Converter Transformers players cover Hitachi, Siemens, GE, LS ELECTRIC, Bharat Heavy Electricals Limited, Baoding Tianwei Baobian Electric, TBEA, China XD Group and Shandong Electrical Engineering&Equipment Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of HVDC Converter Transformers market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
200kV Below
201-500kV
501-800kV
801-1100kV
1101kV Above

Segmentation by application
Hydropower Converter Station
Nuclear Power Converter Station
PV Converter Station
Wind Power Converter Station
Others

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
Siemens
GE
LS ELECTRIC
Bharat Heavy Electricals Limited
Baoding Tianwei Baobian Electric
TBEA
China XD Group
Shandong Electrical Engineering&Equipment Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global HVDC Converter Transformers market?

What factors are driving HVDC Converter Transformers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do HVDC Converter Transformers market opportunities vary by end market size?

How does HVDC Converter Transformers break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.