Global HVDC Converter Valves Market Growth 2023-2029

Global HVDC Converter Valves Market Growth 2023-2029

The converter valve is the core component of the HVDC transmission system. The converter valve is composed of single or multiple converter bridges, and its function is to convert between AC and DC.

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

This Insight Report provides a comprehensive analysis of the global HVDC Converter Valves 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 Valves portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global HVDC Converter Valves market.

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

The global HVDC Converter Valves 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 Valves 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 Valves 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 Valves 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 Valves players cover Hitachi ABB, Siemens, GE, BHEL, Toshiba, Hyosung, Nari Technology, XJ Electric and China XD 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 Valves market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
IGBT Converter Valves
Thyristor Converter Valves

Segmentation by application
Conventional HVDC Transmission
Flexible HVDC 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
Siemens
GE
BHEL
Toshiba
Hyosung
Nari Technology
XJ Electric
China XD Group
TBEA
Sifang
Rongxin Huiko Electric

Key Questions Addressed in this Report

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

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

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

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

How does HVDC Converter Valves 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.