How big is the HVDC Transmission Systems Market?

The HVDC Transmission Systems Market size is expected to reach USD 13.78 billion in 2024 and grow at a CAGR of 9.28% to reach USD 21.47 billion by 2029. Read More

What is the current HVDC Transmission Systems Market size?

In 2024, the HVDC Transmission Systems Market size is expected to reach USD 13.78 billion. Read More

Who are the key players in HVDC Transmission Systems Market?

ABB Ltd, Siemens AG, Toshiba Corporation, Mitsubishi Electric Corporation and General Electric Company are the major companies operating in the HVDC Transmission Systems Market. Read More

Which is the fastest growing region in HVDC Transmission Systems Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in HVDC Transmission Systems Market?

In 2024, the Europe accounts for the largest market share in HVDC Transmission Systems Market. Read More

HVDC Transmission Market Growth & Share

HVDC Transmission Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers High Voltage Direct Current (HVDC) Transmission System Market Size & Share and It is Segmented by Transmission Type (Submarine HVDC Transmission System, HVDC Overhead Transmission System, and HVDC Underground Transmission System), Component (Converter Stations and Transmission Medium (Cables)), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The Report Offers the Market Size and Forecasts for HVDC Transmission Market in Revenue (USD) for all the Above Segments.

HVDC Transmission System Industry Overview

The HVDC transmission systems market is semi-consolidated. Some of the major players in the market (in no particular order) include ABB Ltd, Siemens AG, Toshiba Corporation, General Electric Company, and Mitsubishi Electric Corporation, among others.