Global Line-Commutated Converters (LCC) Market Growth 2024-2030

Global Line-Commutated Converters (LCC) Market Growth 2024-2030

Line-Commutated Converters (LCC) are a mature and well-established technology used to convert electric power from alternating current (AC) to direct current (DC) or vice versa. The conversion process relies on a stable line voltage with clear zero-crossings of the AC system to which the converter is connected. This allows for flow commutation from one switching element to another. LCCs are also known as Current Source Converters (CSC) and require connection to a strong grid with sufficient short circuit power to avoid commutation faults.

The global Line-Commutated Converters (LCC) market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Line-Commutated Converters (LCC) Industry Forecast” looks at past sales and reviews total world Line-Commutated Converters (LCC) sales in 2023, providing a comprehensive analysis by region and market sector of projected Line-Commutated Converters (LCC) sales for 2024 through 2030. With Line-Commutated Converters (LCC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Line-Commutated Converters (LCC) industry.

This Insight Report provides a comprehensive analysis of the global Line-Commutated Converters (LCC) 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 Line-Commutated Converters (LCC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Line-Commutated Converters (LCC) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Line-Commutated Converters (LCC) 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 Line-Commutated Converters (LCC).

United States market for Line-Commutated Converters (LCC) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Line-Commutated Converters (LCC) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Line-Commutated Converters (LCC) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Line-Commutated Converters (LCC) players cover GE Grid Solutions, Siemens Energy, ABB, Allgemeine Elektricitäts-Gesellschaft AG (AEG), Brown, Boveri & Cie (BBC), etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Line-Commutated Converters (LCC) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
High Voltage Electrical Converter
Low Voltage Electrical Converter

Segmentation by Application:
Industrial Power Grid
Civil Power Grid
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 analysing the company's coverage, product portfolio, its market penetration.
GE Grid Solutions
Siemens Energy
ABB
Allgemeine Elektricitäts-Gesellschaft AG (AEG)
Brown, Boveri & Cie (BBC)
Hitachi ABB Power Grids

Key Questions Addressed in this Report

What is the 10-year outlook for the global Line-Commutated Converters (LCC) market?

What factors are driving Line-Commutated Converters (LCC) market growth, globally and by region?

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

How do Line-Commutated Converters (LCC) market opportunities vary by end market size?

How does Line-Commutated Converters (LCC) break out by Type, by Application?

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