HVDC Transmission System Market Size, Share & Industry Analysis, By Type (High-power Rating Projects and Low-power Rating Projects), By Technology (Line Commutated Converter (LCC) and Voltage Source Converters (VSC)), By Application (Subsea, Underground, Overhead, and Mixed), and Regional Forecast, 2025 - 2032

ATTRIBUTE 

DETAILS

Study Period

2019-2032

Base Year

2024

Forecast Period

2025-2032

Historical Period

2019-2023

Growth Rate

CAGR of 6.65% from 2025 to 2032

Unit

 Value (USD Billion)

Segmentation

By Type, By Technology, By Application, and By Region

Segmentation

By Type

• High-power Rating Projects


• Low-power Rating Projects

By Technology

• Line Commutated Converter (LCC)


• Voltage Source Converter (VSC)

By Application

• Subsea


• Underground


• Overhead


• Mixed

By Region

• North America (By Type, By Application, By Technology, and by Country)
  
  
  
  • U.S.
  
  
  • Canada
  
  
  
  


• Europe (By Type, By Application, By Technology, and by Country)
  
  
  
  • Germany
  
  
  • France
  
  
  • U.K.
  
  
  • Italy
  
  
  • Russia
  
  
  • Nordic Countries
  
  
  • Rest of Europe
  
  
  
  


• Asia Pacific (By Type, By Application, By Technology, and By Country)
  
  
  
  • China
  
  
  • Japan
  
  
  • South Korea
  
  
  • Southeast Asia
  
  
  • India
  
  
  • Australia
  
  
  • Rest of Asia Pacific
  
  
  
  


• Latin America (By Type, By Application, By Technology, and by Country)
  
  
  
  • Brazil
  
  
  • Mexico
  
  
  • Rest of Latin America
  
  
  
  


• The Middle East & Africa (By Type, By Application, By Technology, and by Country)
  
  
  
  • Turkey
  
  
  • Saudi Arabia
  
  
  • UAE
  
  
  
  


• Rest of the Middle East & Africa