Global Hvdc Converter Station Market Size & Outlook
Global hvdc converter station market, 2018-2030 (US$M)
Global hvdc converter station market highlights
- The global hvdc converter station market generated a revenue of USD 11,850.0 million in 2023 and is expected to reach USD 15,844.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.2% by 2030.
- In terms of segment, line commutated converter (lcc) accounted for a revenue of USD 11,850.0 million in 2023.
- Line Commutated Converter (LCC) is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 11,850.0 million |
| Market revenue in 2030 | USD 15,844.0 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | Line commutated converter (lcc) |
| Fastest growing segment | Line Commutated Converter (LCC) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Line Commutated Converter (LCC) |
Other key industry trends
- In terms of revenue, the North America accounted for 25.0% of the global hvdc converter station market in 2023.
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HVDC Converter Station Market Scope
HVDC Converter Station Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global hvdc converter station market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hvdc converter station market will help companies and investors design strategic landscapes.
Line commutated converter (lcc) was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global hvdc converter station market based on line commutated converter (lcc) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global HVDC Converter Station Technology Outlook (Revenue, USD Million, 2018-2030)
- Line Commutated Converter (LCC)
- Voltage Source Converter (VSC)
- Global HVDC Converter Station Type Outlook (Revenue, USD Million, 2018-2030)
- Bi-Polar
- Monopolar
- Back-to-back
- Multi Terminal
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Horizon Databook provides a detailed overview of global-level data and insights on the Global hvdc converter station market , including forecasts for subscribers. This global databook contains high-level insights into Global hvdc converter station market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global hvdc converter station market size, by regions, 2018-2030 (US$M)
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