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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

Report Format: PDF | Published Date: Feb, 2025 | Report ID: FBI107544 | Status : Published
  1. Introduction
    1. Research Scope
    2. Market Segmentation
    3. Research Methodology
    4. Definitions & Assumptions
  2. Executive Summary
  3. Market Dynamics
    1. Market Drivers
    2. Market Restraints
    3. Market Opportunities
  4. Key Insights
    1. Key Emerging Trends – For Major Countries
    2. Latest Technological Advancement
    3. Insight on Regulatory Landscape
    4. Porters Five Forces Analysis
    5. Impact of COVID-19 on the HVDC Transmission System Market
  5. Global HVDC Transmission System Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
    1. Key Findings
    2. Market Analysis, Insights, and Forecast – By Type
      1. High-power Rating Projects
      2. Low-power Rating Projects
    3. Market Analysis, Insights, and Forecast – By Application
      1. Subsea
      2. Underground
      3. Overhead
      4. Mixed
    4. Market Analysis, Insights, and Forecast – By Technology
      1. Line Commutated Converter (LCC)
      2. Voltage Source Converter (VSC)
    5. Market Analysis, Insights, and Forecast – By Region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
  6. North America HVDC Transmission System Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
    1. Key Findings
    2. Market Analysis, Insights, and Forecast – By Type
      1. High-power Rating Projects
      2. Low-power Rating Projects
    3. Market Analysis, Insights, and Forecast – By Application
      1. Subsea
      2. Underground
      3. Overhead
      4. Mixed
    4. Market Analysis, Insights, and Forecast – By Technology
      1. Line Commutated Converter (LCC)
      2. Voltage Source Converter (VSC)
    5. Market Analysis, Insights, and Forecast – By Country
      1. U.S.
      2. Canada
  7. Europe HVDC Transmission System Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
    1. Key Findings
    2. Market Analysis, Insights, and Forecast – By Type
      1. High-power Rating Projects
      2. Low-power Rating Projects
    3. Market Analysis, Insights, and Forecast – By Application
      1. Subsea
      2. Underground
      3. Overhead
      4. Mixed
    4. Market Analysis, Insights, and Forecast – By Technology
      1. Line Commutated Converter (LCC)
      2. Voltage Source Converter (VSC)
    5. Market Analysis, Insights, and Forecast – By Country
      1. UK
      2. Germany
      3. France
      4. Spain
      5. Italy
      6. Russia
      7. Nordic Countries
      8. Rest of Europe
  8. Asia Pacific HVDC Transmission System Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
    1. Key Findings
    2. Market Analysis, Insights, and Forecast – By Type
      1. High-power Rating Projects
      2. Low-power Rating Projects
    3. Market Analysis, Insights, and Forecast – By Application
      1. Subsea
      2. Underground
      3. Overhead
      4. Mixed
    4. Market Analysis, Insights, and Forecast – By Technology
      1. Line Commutated Converter (LCC)
      2. Voltage Source Converter (VSC)
    5. Market Analysis, Insights, and Forecast – By Country
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Australia
      6. Southeast Asia
      7. Rest of Asia Pacific
  9. Latin America HVDC Transmission System Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
    1. Key Findings
    2. Market Analysis, Insights, and Forecast – By Type
      1. High-power Rating Projects
      2. Low-power Rating Projects
    3. Market Analysis, Insights, and Forecast – By Application
      1. Subsea
      2. Underground
      3. Overhead
      4. Mixed
    4. Market Analysis, Insights, and Forecast – By Technology
      1. Line Commutated Converter (LCC)
      2. Voltage Source Converter (VSC)
    5. Market Analysis, Insights, and Forecast – By Country
      1. Brazil
      2. Mexico
      3. Rest of Latin America
  10. Middle East and Africa HVDC Transmission System Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
    1. Key Findings
    2. Market Analysis, Insights, and Forecast – By Type
      1. High-power Rating Projects
      2. Low-power Rating Projects
    3. Market Analysis, Insights, and Forecast – By Application
      1. Subsea
      2. Underground
      3. Overhead
      4. Mixed
    4. Market Analysis, Insights, and Forecast – By Technology
      1. Line Commutated Converter (LCC)
      2. Voltage Source Converter (VSC)
    5. Market Analysis, Insights, and Forecast – By Country
      1. Turkey
      2. Saudi Arabia
      3. UAE
      4. Rest of Middle East and Africa
  11. Competitive Analysis
    1. Company Market Share Analysis, 2024
    2. Company Profile
      1. Hitachi Energy Ltd.
        1. Business Overview
        2. Product and Service Offerings
        3. Recent Developments
        4. Financials (Based on Availability)
      2. Siemens
        1. Business Overview
        2. Product and Service Offerings
        3. Recent Developments
        4. Financials (Based on Availability)
      3. NEXANS
        1. Business Overview
        2. Product and Service Offerings
        3. Recent Developments
        4. Financials (Based on Availability)
      4. Toshiba Energy Systems Solutions Corporation
        1. Business Overview
        2. Product and Service Offerings
        3. Recent Developments
        4. Financials (Based on Availability)
      5. CHINA XD GROUP
        1. Business Overview
        2. Product and Service Offerings
        3. Recent Developments
        4. Financials (Based on Availability)
      6. Mitsubishi Electric Corporation
        1. Business Overview
        2. Product and Service Offerings
        3. Recent Developments
        4. Financials (Based on Availability)
      7. General Electric
        1. Business Overview
        2. Product and Service Offerings
        3. Recent Developments
        4. Financials (Based on Availability)
      8. Xu Ji Group Co. Ltd
        1. Business Overview
        2. Product and Service Offerings
        3. Recent Developments
        4. Financials (Based on Availability)
      9. NR Electric Co. Ltd.
        1. Business Overview
        2. Product and Service Offerings
        3. Recent Developments
        4. Financials (Based on Availability)
      10. Prysmian Group.
        1. Business Overview
        2. Product and Service Offerings
        3. Recent Developments
        4. Financials (Based on Availability)
      11. TBEA Co., Ltd.
        1. Business Overview
        2. Product and Service Offerings
        3. Recent Developments
        4. Financials (Based on Availability)
      12. NKT
        1. Business Overview
        2. Product and Service Offerings
        3. Recent Developments
        4. Financials (Based on Availability)

List of tables:

Table 1: Global HVDC Transmission System Market Revenue (USD Billion) Forecast, by Type, 2019-2032

Table 2: Global HVDC Transmission System Market Revenue (USD Billion) Forecast, by Application, 2019-2032

Table 3: Global HVDC Transmission System Market Value (USD Billion) Forecast, by Technology, 2019-2032

Table 4: Global HVDC Transmission System Market Revenue (USD Billion) Forecast, by Region, 2019-2032

Table 5: North America HVDC Transmission System Market Revenue (USD Billion) Forecast, by Type, 2019-2032

Table 6: North America HVDC Transmission System Market Revenue (USD Billion) Forecast, by Application, 2019-2032

Table 7: North America HVDC Transmission System Market Value (USD Billion) Forecast, by Technology, 2019-2032

Table 8: North America HVDC Transmission System Market Revenue (USD Billion) Forecast, by Country, 2019-2032

Table 9: Europe HVDC Transmission System Market Revenue (USD Billion) Forecast, by Type, 2019-2032

Table 10: Europe HVDC Transmission System Market Revenue (USD Billion) Forecast, by Application, 2019-2032

Table 11: Europe HVDC Transmission System Market Value (USD Billion) Forecast, by Technology, 2019-2032

Table 12: Europe HVDC Transmission System Market Revenue (USD Billion) Forecast, by Country, 2019-2032

Table 13: Asia Pacific HVDC Transmission System Market Revenue (USD Billion) Forecast, by Type, 2019-2032

Table 14: Asia Pacific HVDC Transmission System Market Revenue (USD Billion) Forecast, by Application, 2019-2032

Table 15: Asia Pacific HVDC Transmission System Market Value (USD Billion) Forecast, by Technology, 2019-2032

Table 16: Asia Pacific HVDC Transmission System Market Revenue (USD Billion) Forecast, by Country, 2019-2032

Table 17: Latin America HVDC Transmission System Market Revenue (USD Billion) Forecast, by Type, 2019-2032

Table 18: Latin America HVDC Transmission System Market Revenue (USD Billion) Forecast, by Application, 2019-2032

Table 19: Latin America HVDC Transmission System Market Value (USD Billion) Forecast, by Technology, 2019-2032

Table 20: Latin America HVDC Transmission System Market Revenue (USD Billion) Forecast, by Country, 2019-2032

Table 21: Middle East & Africa HVDC Transmission System Market Revenue (USD Billion) Forecast, by Type, 2019-2032

Table 22: Middle East & Africa HVDC Transmission System Market Revenue (USD Billion) Forecast, by Application, 2019-2032

Table 23: Middle East & Africa HVDC Transmission System Market Value (USD Billion) Forecast, by Technology, 2019-2032

Table 24: Middle East & Africa HVDC Transmission System Market Revenue (USD Billion) Forecast, by Country, 2019-2032

List of Figures:

Figure 1: Global HVDC Transmission System Market Revenue Breakdown (USD Billion, %) by Region, 2024 & 2032

Figure 2: Global HVDC Transmission System Market Value Share (%), By Type, 2024 & 2032

Figure 3: Global HVDC Transmission System Market Forecast (USD Billion), by High-power Rating projections, 2019-2032

Figure 4: Global HVDC Transmission System Market Forecast (USD Billion), by Low-power Rating projections, 2019-2032

Figure 5: Global HVDC Transmission System Market Value Share (%), By Application, 2024 & 2032

Figure 6: Global HVDC Transmission System Market Forecast (USD Billion), by Subsea, 2019-2032

Figure 7: Global HVDC Transmission System Market Forecast (USD Billion), by Underground, 2019-2032

Figure 8: Global HVDC Transmission System Market Forecast (USD Billion), by Overhead, 2019-2032

Figure 9: Global HVDC Transmission System Market Forecast (USD Billion), by Mixed, 2019-2032

Figure 10: Global HVDC Transmission System Market Value Share (%), By Technology, 2024 & 2032

Figure 11: Global HVDC Transmission System Market Forecast (USD Billion), by Line Commutated Converter (LCC), 2019-2032

Figure 12: Global HVDC Transmission System Market Forecast (USD Billion), by Voltage Source Converter (VSC), 2019-2032

Figure 13: Global HVDC Transmission System Market Value (USD Billion), by Region, 2024 & 2032

Figure 14: Global HVDC Transmission System Market Value Share (%), by Region, 2024

Figure 15: North America HVDC Transmission System Market Value Share (%), By Type, 2024 & 2032

Figure 16: North America HVDC Transmission System Market Forecast (USD Billion), by High-power Rating projections, 2019-2032

Figure 17: North America HVDC Transmission System Market Forecast (USD Billion), by Low-power Rating projections, 2019-2032

Figure 18: North America HVDC Transmission System Market Value Share (%), By Application, 2024 & 2032

Figure 19: North America HVDC Transmission System Market Forecast (USD Billion), by Subsea, 2019-2032

Figure 20: North America HVDC Transmission System Market Forecast (USD Billion), by Underground, 2019-2032

Figure 21: North America HVDC Transmission System Market Forecast (USD Billion), by Overhead, 2019-2032

Figure 22: North America HVDC Transmission System Market Forecast (USD Billion), by Mixed, 2019-2032

Figure 23: North America HVDC Transmission System Market Value Share (%), By Technology, 2024 & 2032

Figure 24: North America HVDC Transmission System Market Forecast (USD Billion), by Line Commutated Converter (LCC), 2019-2032

Figure 25: North America HVDC Transmission System Market Forecast (USD Billion), by Voltage Source Converter (VSC), 2019-2032

Figure 26: North America HVDC Transmission System Market Value (USD Billion), by Country, 2024 & 2032

Figure 27: North America HVDC Transmission System Market Value Share (%), by Country, 2024

Figure 28: Europe HVDC Transmission System Market Value Share (%), By Type, 2024 & 2032

Figure 29: Europe HVDC Transmission System Market Forecast (USD Billion), by High-power Rating projections, 2019-2032

Figure 30: Europe HVDC Transmission System Market Forecast (USD Billion), by Low-power Rating projections, 2019-2032

Figure 31: Europe HVDC Transmission System Market Value Share (%), By Application, 2024 & 2032

Figure 32: Europe HVDC Transmission System Market Forecast (USD Billion), by Subsea, 2019-2032

Figure 33: Europe HVDC Transmission System Market Forecast (USD Billion), by Underground, 2019-2032

Figure 34: Europe HVDC Transmission System Market Forecast (USD Billion), by Overhead, 2019-2032

Figure 35: Europe HVDC Transmission System Market Forecast (USD Billion), by Mixed, 2019-2032

Figure 36: Europe HVDC Transmission System Market Value Share (%), By Technology, 2024 & 2032

Figure 37: Europe HVDC Transmission System Market Forecast (USD Billion), by Line Commutated Converter (LCC), 2019-2032

Figure 38: Europe HVDC Transmission System Market Forecast (USD Billion), by Voltage Source Converter (VSC), 2019-2032

Figure 39: Europe HVDC Transmission System Market Value (USD Billion), by Country, 2024 & 2032

Figure 40: Europe HVDC Transmission System Market Value Share (%), by Country, 2024

Figure 41: Asia Pacific HVDC Transmission System Market Value Share (%), By Type, 2024 & 2032

Figure 42: Asia Pacific HVDC Transmission System Market Forecast (USD Billion), by High-power Rating projections, 2019-2032

Figure 43: Asia Pacific HVDC Transmission System Market Forecast (USD Billion), by Low-power Rating projections, 2019-2032

Figure 44: Asia Pacific HVDC Transmission System Market Value Share (%), By Application, 2024 & 2032

Figure 45: Asia Pacific HVDC Transmission System Market Forecast (USD Billion), by Subsea, 2019-2032

Figure 46: Asia Pacific HVDC Transmission System Market Forecast (USD Billion), by Underground, 2019-2032

Figure 47: Asia Pacific HVDC Transmission System Market Forecast (USD Billion), by Overhead, 2019-2032

Figure 48: Asia Pacific HVDC Transmission System Market Forecast (USD Billion), by Mixed, 2019-2032

Figure 49: Asia Pacific HVDC Transmission System Market Value Share (%), By Technology, 2024 & 2032

Figure 50: Asia Pacific HVDC Transmission System Market Forecast (USD Billion), by Line Commutated Converter (LCC), 2019-2032

Figure 51: Asia Pacific HVDC Transmission System Market Forecast (USD Billion), by Voltage Source Converter (VSC), 2019-2032

Figure 52: Asia Pacific HVDC Transmission System Market Value (USD Billion), by Country, 2024 & 2032

Figure 53: Asia Pacific HVDC Transmission System Market Value Share (%), by Country, 2024

Figure 54: Latin America HVDC Transmission System Market Value Share (%), By Type, 2024 & 2032

Figure 55: Latin America HVDC Transmission System Market Forecast (USD Billion), by High-power Rating projections, 2019-2032

Figure 56: Latin America HVDC Transmission System Market Forecast (USD Billion), by Low-power Rating projections, 2019-2032

Figure 57: Latin America HVDC Transmission System Market Value Share (%), By Application, 2024 & 2032

Figure 58: Latin America HVDC Transmission System Market Forecast (USD Billion), by Subsea, 2019-2032

Figure 59: Latin America HVDC Transmission System Market Forecast (USD Billion), by Underground, 2019-2032

Figure 60: Latin America HVDC Transmission System Market Forecast (USD Billion), by Overhead, 2019-2032

Figure 61: Latin America HVDC Transmission System Market Forecast (USD Billion), by Mixed, 2019-2032

Figure 62: Latin America HVDC Transmission System Market Value Share (%), By Technology, 2024 & 2032

Figure 63: Latin America HVDC Transmission System Market Forecast (USD Billion), by Line Commutated Converter (LCC), 2019-2032

Figure 64: Latin America HVDC Transmission System Market Forecast (USD Billion), by Voltage Source Converter (VSC), 2019-2032

Figure 65: Latin America HVDC Transmission System Market Value (USD Billion), by Country, 2024 & 2032

Figure 66: Latin America HVDC Transmission System Market Value Share (%), by Country, 2024

Figure 67: Middle East & Africa HVDC Transmission System Market Value Share (%), By Type, 2024 & 2032

Figure 68: Middle East & Africa HVDC Transmission System Market Forecast (USD Billion), by High-power Rating projections, 2019-2032

Figure 69: Middle East & Africa HVDC Transmission System Market Forecast (USD Billion), by Low-power Rating projections, 2019-2032

Figure 70: Middle East & Africa HVDC Transmission System Market Value Share (%), By Application, 2024 & 2032

Figure 71: Middle East & Africa HVDC Transmission System Market Forecast (USD Billion), by Subsea, 2019-2032

Figure 72: Middle East & Africa HVDC Transmission System Market Forecast (USD Billion), by Underground, 2019-2032

Figure 73: Middle East & Africa HVDC Transmission System Market Forecast (USD Billion), by Overhead, 2019-2032

Figure 74: Middle East & Africa HVDC Transmission System Market Forecast (USD Billion), by Mixed, 2019-2032

Figure 75: Middle East & Africa HVDC Transmission System Market Value Share (%), By Technology, 2024 & 2032

Figure 76: Middle East & Africa HVDC Transmission System Market Forecast (USD Billion), by Line Commutated Converter (LCC), 2019-2032

Figure 77: Middle East & Africa HVDC Transmission System Market Forecast (USD Billion), by Voltage Source Converter (VSC), 2019-2032

Figure 78: Middle East & Africa HVDC Transmission System Market Value (USD Billion), by Country, 2024 & 2032

Figure 79: Middle East & Africa HVDC Transmission System Market Value Share (%), by Country, 2024

Figure 80: Company Market Share Analysis (%), 2024
  • Global
  • 2024
  • 2019-2023
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