Global High Voltage Direct Current Electric Power Transmission System Market Report, History and Forecast 2018-2029

Global High Voltage Direct Current Electric Power Transmission System Market Report, History and Forecast 2018-2029

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for High Voltage Direct Current Electric Power Transmission System was estimated at US$ 9,769.2 million in the year 2022, is projected to reach a revised size of US$ 15,641.6 million by 2029, growing at a CAGR of 6.90% during the forecast period 2023-2029.

Asia-Pacific market for High Voltage Direct Current Electric Power Transmission System was valued at $ 6,262.2 million in 2022 and will reach $ 10,672.2 million by 2029, at a CAGR of 7.80% during the forecast period of 2023 through 2029.

Europe market for High Voltage Direct Current Electric Power Transmission System was valued at $ 1,605.9 million in 2022 and will reach $ 2,177.5 million by 2029, at a CAGR of 4.47% during the forecast period of 2023 through 2029.

North American market for High Voltage Direct Current Electric Power Transmission System was valued at $ 841.6 million in 2022 and will reach $ 1,184.8 million by 2029, at a CAGR of 5.13% during the forecast period of 2023 through 2029.

Report Scope

This report aims to provide a comprehensive presentation of the global market for High Voltage Direct Current Electric Power Transmission System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyse their position in the current marketplace, and make informed business decisions regarding High Voltage Direct Current Electric Power Transmission System.

The High Voltage Direct Current Electric Power Transmission System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global High Voltage Direct Current Electric Power Transmission System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

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 High Voltage Direct Current Electric Power Transmission System 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.

Market Segmentation

This report covers the High Voltage Direct Current Electric Power Transmission System segments by manufacturers, by Type, by Application, by region and country, and provides market size (value, volume and average price) and CAGR for the history and forecast period (2018-2022, 2023-2029), considering 2022 as the base year. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.

By Company

Hitachi Energy

Siemens

Prysmian Group

XD Group

GE Grid Solution

TBEA

Xuji Group

Nexans

NKT

Toshiba Energy Systems & Solutions

Mitsubishi Electric

NR Electric

Segment by Type

Less than 400 KV

400-800 KV

Above 800 KV

Segment by Application

Overhead Transmission

Underground Transmission

Subsea Transmission

By Region

North America

United States

Canada

Mexico

Asia-Pacific

China

Japan

Korea

India

Southeast Asia

Australia

Rest of Asia-Pacific

Europe

Germany

France

U.K.

Italy

Russia

Rest of Europe

Latin America

Brazil

Argentina

Colombia

Rest of Latin America

Middle East & Africa

Middle East

Africa