HVDC Converter Stations Market by Technology and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR44893
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The HVDC converter stations market size is expected to grow by USD 3.94 billion and record a CAGR of 10.66% during 2021-2025.

This post-pandemic HVDC converter stations market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this HVDC converter stations market analysis report, key drivers such as increase in global power demand have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as the ongoing slowdown in the Chinese economy, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the HVDC Converter Stations Market Size be in 2021?

HVDC-Converter-Stations-Market-Market-Size-2020-2025

Browse TOC and LoE with selected illustrations and example pages of HVDC Converter Stations Market

 Get Your FREE Sample Now!

Who are the Key Vendors in the HVDC Converter Stations Market?

The HVDC converter stations market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • ABB Ltd.
  • Alstom Holdings SA
  • Bharat Heavy Electricals Ltd.
  • General Electric Co.
  • Hitachi Ltd.
  • LS ELECTRIC Co. Ltd.
  • Mitsubishi Electric Corp.
  • NR Electric Co. Ltd.
  • Siemens AG
  • Toshiba Energy Systems & Solutions Corp.

 

Our analysts have extensively outlined successful business strategies deployed by the key vendors in this market research report. The HVDC converter stations market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

This HVDC converter stations market report further entails segmentation by technology (LCC and VSC) and geography (APAC, Europe, North America, South America, and MEA). The available actionable insights on the segmentation in this report will enable a better understanding of the target audience and changing demand patterns.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. The HVDC converter stations market further offers well-structured marketing strategies to overcome the negative post-COVID-19 impact, if any, on each product and service segment.

Which are the Key Regional Markets for HVDC Converter Stations Market?

HVDC-Converter-Stations-Market-Market-Share-by-Region-2020-2025

For more insights on the market share of various regions Request for a FREE sample now!

The report offers an up-to-date analysis of the geographical composition of the market. APAC will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. From the statistical study of the geographic landscape, you can interpret and understand the competitive intelligence and regional opportunities in store for vendors for 2021-2025.

75% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for HVDC converter stations in the region. This report provides estimations of the contribution of all regions to the growth of the HVDC converter stations market size.

Event-Tickets-Market-Report

Request for a FREE sample

What are the Key Factors Covered in this HVDC Converter Stations Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive HVDC converter stations market growth during the next five years
  • Precise estimation of the HVDC converter stations market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the HVDC converter stations industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of HVDC converter stations market vendors

Need a Customized Report? Get in touch

HVDC Converter Stations Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 10.66%

Market growth 2021-2025

$ 3.94 billion

Market structure

Fragmented

YoY growth (%)

10.38

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 75%

Key consumer countries

China, India, US, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ABB Ltd., Alstom Holdings SA, Bharat Heavy Electricals Ltd., General Electric Co., Hitachi Ltd., LS ELECTRIC Co. Ltd., Mitsubishi Electric Corp., NR Electric Co. Ltd., Siemens AG, and Toshiba Energy Systems & Solutions Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Read More Read Less

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces analysis 2020 & 2025
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Technology

    • Market segments
    • Comparison by Technology
    • LCC - Market size and forecast 2020-2025
    • VSC - Market size and forecast 2020-2025
    • Market opportunity by Technology

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • ABB Ltd.
      • Alstom Holdings SA
      • Bharat Heavy Electricals Ltd.
      • General Electric Co.
      • Hitachi Ltd.
      • LS ELECTRIC Co. Ltd.
      • Mitsubishi Electric Corp.
      • NR Electric Co. Ltd.
      • Siemens AG
      • Toshiba Energy Systems & Solutions Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The hvdc converter stations market growth will increase by $3363.91 million during 2019-2024.
      The hvdc converter stations market is expected to grow at a CAGR of 13.62% during 2019-2024.
      Technavio has segmented the hvdc converter stations market by technology (LCC and VSC) and geographic (APAC, Europe, North America, South America, and MEA).
      ABB Ltd., Alstom Holdings SA, Bharat Heavy Electricals Ltd., General Electric Co., Hitachi Ltd., LS ELECTRIC Co. Ltd., Mitsubishi Electric Corp., NR Electric Co. Ltd., Siemens AG, Toshiba Energy Systems & Solutions Corp. are a few of the key vendors in the hvdc converter stations market.
      APAC will register the highest growth rate of 74.21% among the other regions. Therefore, the hvdc converter stations market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the hvdc converter stations market growth are:
      • Increase in global power demand
      • Development of supergrid
      The hvdc converter stations market vendors should focus on grabbing business opportunities from the lcc segment as it accounted for the largest market share in the base year.
      Safe and Secure SSL Encrypted
      Technavio

      Single User:

      2500 USD

      Technavio Get the report (PDF) sent to your email within minutes.

      Subscribe & Save

      Get lifetime access to our
      Technavio Insights

      Want to customize this report?

      This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

      We offer $1000 worth of FREE customization at the time of purchase
      Technavio
      Enquire Before Buying
      1. Home
      2. Industrials
      3. Published Report
      17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>