Global VSC–HVDC Transmission Market Growth (Status and Outlook) 2023-2029

Global VSC–HVDC Transmission Market Growth (Status and Outlook) 2023-2029

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

This Insight Report provides a comprehensive analysis of the global VSC–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 analyzes the strategies of leading global companies with a focus on VSC–HVDC Transmission portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global VSC–HVDC Transmission market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for VSC–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 VSC–HVDC Transmission.

The global VSC–HVDC Transmission 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 VSC–HVDC Transmission 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 VSC–HVDC Transmission 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 VSC–HVDC Transmission is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key VSC–HVDC Transmission players cover Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group, GE Grid Solution, TBEA, Xuji Group, Nexans and NKT, 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 VSC–HVDC Transmission market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Less than 400 KV
400-800 KV
Above 800 KV

Segmentation by application
Subsea Transmission
Underground Transmission
Overhead 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: The report will take approximately 2 business days to prepare and deliver.