High Voltage Direct Current Electric Power Transmission System - Global and China Top Players Market Share and Ranking 2023
- Report Code : AMP2757029
- Published On: Oct, 2024
- Category : Energy & Power
- Pages : 148
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According to Ample Market Research, the global market for High Voltage Direct Current Electric Power Transmission System should grow from US$ 9769.2 million in 2022 to US$ 15640 million by 2029, with a CAGR of 6.9% for the period of 2023-2029.
The key service providers of the High Voltage Direct Current Electric Power Transmission System in the world are Hitachi Energy, Siemens, Prysmian Group, XD Group, GE Grid Solution, TBEA, Xuji Group and Nexans, among which the top three service providers account for more than 50% of the market share, and Hitachi Energy is the largest service provider. The global high voltage direct current electric power transmission system services are mainly distributed in North America, Europe, China and Japan, among which the market share of the top three regions is close to 90%. At present, China is the largest service provider region, followed by Europe. In terms of its service type, the growth rate of systems with voltage above 800KV is relatively fast. At present, the market share of systems with voltage less than 400KV is the highest, more than 50%, followed by systems with voltage between 400KV and 800KV. In terms of its application, overhead transmission is the largest application field, with a market share of more than 70%, followed by subsea transmission and underground transmission.
High Voltage Direct Current Electric Power Transmission System uses direct current for the bulk transmission of electrical power, in contrast with the more common alternating current (AC) systems. For long-distance transmission, HVDC systems may be less expensive and suffer lower electrical losses. For underwater power cables, HVDC avoids the heavy currents required to charge and discharge the cable capacitance each cycle. For shorter distances, the higher cost of DC conversion equipment compared to an AC system may still be justified, due to other benefits of direct current links.
HVDC allows power transmission between unsynchronized AC transmission systems. Since the power flow through an HVDC link can be controlled independently of the phase angle between source and load, it can stabilize a network against disturbances due to rapid changes in power. HVDC also allows transfer of power between grid systems running at different frequencies, such as 50 Hz and 60 Hz. This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.
This report studies and analyses global High Voltage Direct Current Electric Power Transmission System status and future trends, to help determine the High Voltage Direct Current Electric Power Transmission System market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for High Voltage Direct Current Electric Power Transmission System, and provides market size (US$ million) and Year-over-Year growth, considering 2022 as the base year.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
To assess the competitive environment within the market including supplier revenue, market share, and company profiles.
Highlights
(1) Global High Voltage Direct Current Electric Power Transmission System market size, history data 2018-2023, and forecast data 2024-2029, (US$ million)
(2) Global High Voltage Direct Current Electric Power Transmission System by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(3) China High Voltage Direct Current Electric Power Transmission System by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(4) Global High Voltage Direct Current Electric Power Transmission System key consuming regions, consumption value and demand structure
(5) High Voltage Direct Current Electric Power Transmission System industry chains, upstream, midstream and downstream
Market segment by players, this report covers
Hitachi Energy
Siemens
Prysmian Group
XD Group
GE Grid Solution
TBEA
Xuji Group
Nexans
NKT
Toshiba Energy Systems & Solutions
Mitsubishi Electric
NR Electric
Market segment by Type, covers
Less than 400 KV
400-800 KV
Above 800 KV
Market segment by Application, can be divided into
Subsea Transmission
Underground Transmission
Overhead Transmission
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Report Includes:
Chapter 1: to describe High Voltage Direct Current Electric Power Transmission System product scope, global consumption value, China consumption value, development opportunities, challenges, trends, and policies.
Chapter 2: Global High Voltage Direct Current Electric Power Transmission System market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 3: China High Voltage Direct Current Electric Power Transmission System market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 4: High Voltage Direct Current Electric Power Transmission System industry chain, upstream, medium-stream, and downstream.
Chapter 5: Segment by Type, consumption value, percent & CAGR, 2018-2029
Chapter 6: Segment by Application, consumption value, percent & CAGR, 2018-2029
Chapter 7: Segment in regional level, consumption value, percent & CAGR, 2018-2029
Chapter 8: Segment in country level, consumption value, percent & CAGR, 2018-2029
Chapter 9: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, revenue, gross margin.
Chapter 10: Conclusions
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With tables and figures helping analyze worldwide High Voltage Direct Current Electric Power Transmission System Global and China Top Players market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
1 Market Overview1.1 High Voltage Direct Current Electric Power Transmission System Definition
1.2 Global High Voltage Direct Current Electric Power Transmission System Market Size and Forecast
1.3 China High Voltage Direct Current Electric Power Transmission System Market Size and Forecast
1.4 China Percentage in Global Market
1.5 High Voltage Direct Current Electric Power Transmission System Market Size: China VS Global Growth Rate, 2018-2029
1.6 High Voltage Direct Current Electric Power Transmission System Market Dynamics
1.6.1 High Voltage Direct Current Electric Power Transmission System Market Drivers
1.6.2 High Voltage Direct Current Electric Power Transmission System Market Restraints
1.6.3 High Voltage Direct Current Electric Power Transmission System Industry Trends
1.6.4 High Voltage Direct Current Electric Power Transmission System Industry Policy
2 Global Leading Players and Market Share2.1 By Revenue of High Voltage Direct Current Electric Power Transmission System, Global Market Share by Company, 2018-2023
2.2 Global High Voltage Direct Current Electric Power Transmission System Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.3 Global High Voltage Direct Current Electric Power Transmission System Concentration Ratio
2.4 Global High Voltage Direct Current Electric Power Transmission System Mergers & Acquisitions, Expansion Plans
2.5 Global High Voltage Direct Current Electric Power Transmission System Major Companies Product Type
2.6 Head Office and High Voltage Direct Current Electric Power Transmission System Production Site of Key Manufacturer
3 China Leading Players, Market Share and Ranking3.1 By Revenue of High Voltage Direct Current Electric Power Transmission System, China Market Share by Company, 2018-2023
3.2 China High Voltage Direct Current Electric Power Transmission System Participants, Market Position (Tier 1, Tier 2, and Tier 3)
4 Industry Chain Analysis4.1 High Voltage Direct Current Electric Power Transmission System Industry Chain
4.2 High Voltage Direct Current Electric Power Transmission System Upstream Analysis
4.2.1 High Voltage Direct Current Electric Power Transmission System Core Raw Materials
4.2.2 Main Manufacturers of High Voltage Direct Current Electric Power Transmission System Core Raw Materials4.3 Midstream Analysis
4.4 Downstream Analysis
4.5 High Voltage Direct Current Electric Power Transmission System Production Mode
4.6 High Voltage Direct Current Electric Power Transmission System Procurement Model
4.7 High Voltage Direct Current Electric Power Transmission System Industry Sales Model and Sales Channels
4.7.1 High Voltage Direct Current Electric Power Transmission System Sales Model
4.7.2 High Voltage Direct Current Electric Power Transmission System Typical Distributors
5 Sights by Type5.1 High Voltage Direct Current Electric Power Transmission System Classification
5.1.1 Less than 400 KV
5.1.2 400-800 KV
5.1.3 Above 800 KV5.2 By Type, Global High Voltage Direct Current Electric Power Transmission System Consumption Value & CAGR, 2018 VS 2022 VS 2029
5.3 By Type, Global High Voltage Direct Current Electric Power Transmission System Consumption Value, 2018-2029
6 Sights by Application6.1 High Voltage Direct Current Electric Power Transmission System Segment by Application
6.1.1 Subsea Transmission
6.1.2 Underground Transmission
6.1.3 Overhead Transmission6.2 By Application, Global High Voltage Direct Current Electric Power Transmission System Consumption Value & CAGR, 2018 VS 2022 VS 2029
6.3 By Application, Global High Voltage Direct Current Electric Power Transmission System Consumption Value, 2018-2029
7 Sales Sights by Region7.1 By Region, Global High Voltage Direct Current Electric Power Transmission System Consumption Value, 2018 VS 2022 VS 2029
7.2 By Region, Global High Voltage Direct Current Electric Power Transmission System Consumption Value, 2018-2029
7.3 North America
7.3.1 North America High Voltage Direct Current Electric Power Transmission System & Forecasts, 2018-2029
7.3.2 By Country, North America High Voltage Direct Current Electric Power Transmission System Market Size Market Share7.4 Europe
7.4.1 Europe High Voltage Direct Current Electric Power Transmission System Market Size & Forecasts, 2018-2029
7.4.2 By Country, Europe High Voltage Direct Current Electric Power Transmission System Market Size Market Share7.5 Asia Pacific
7.5.1 Asia Pacific High Voltage Direct Current Electric Power Transmission System Market Size & Forecasts, 2018-2029
7.5.2 By Country/Region, Asia Pacific High Voltage Direct Current Electric Power Transmission System Market Size Market Share7.6 South America
7.6.1 South America High Voltage Direct Current Electric Power Transmission System Market Size & Forecasts, 2018-2029
7.6.2 By Country, South America High Voltage Direct Current Electric Power Transmission System Market Size Market Share
7.7 Middle East & Africa
8 Sales Sights by Country Level8.1 By Country, Global High Voltage Direct Current Electric Power Transmission System Market Size & CAGR, 2018 VS 2022 VS 2029
8.2 By Country, Global High Voltage Direct Current Electric Power Transmission System Consumption Value, 2018-2029
8.3 U.S.
8.3.1 U.S. High Voltage Direct Current Electric Power Transmission System Market Size, 2018-2029
8.3.2 By Type, U.S. High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 2029
8.3.3 By Application, U.S. High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 20298.4 Europe
8.4.1 Europe High Voltage Direct Current Electric Power Transmission System Market Size, 2018-2029
8.4.2 By Type, Europe High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 2029
8.4.3 By Application, Europe High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 20298.5 China
8.5.1 China High Voltage Direct Current Electric Power Transmission System Market Size, 2018-2029
8.5.2 By Type, China High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 2029
8.5.3 By Application, China High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 20298.6 Japan
8.6.1 Japan High Voltage Direct Current Electric Power Transmission System Market Size, 2018-2029
8.6.2 By Type, Japan High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 2029
8.6.3 By Application, Japan High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 2029
8.7 South Korea
8.7.1 South Korea High Voltage Direct Current Electric Power Transmission System Market Size, 2018-2029
8.7.2 By Type, South Korea High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 2029
8.7.3 By Application, South Korea High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 2029
8.8 Southeast Asia
8.8.1 Southeast Asia High Voltage Direct Current Electric Power Transmission System Market Size, 2018-2029
8.8.2 By Type, Southeast Asia High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 2029
8.8.3 By Application, Southeast Asia High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 2029
8.9 India
8.9.1 India High Voltage Direct Current Electric Power Transmission System Market Size, 2018-2029
8.9.2 By Type, India High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 2029
8.9.3 By Application, India High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 20298.10 Middle East & Africa
8.10.1 Middle East & Africa High Voltage Direct Current Electric Power Transmission System Market Size, 2018-2029
8.10.2 By Type, Middle East & Africa High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 2029
8.10.3 By Application, Middle East & Africa High Voltage Direct Current Electric Power Transmission System Consumption Value Market Share, 2022 VS 2029
9 Company Profile9.1 Hitachi Energy
9.1.1 Hitachi Energy Company Information, Head Office, Market Area and Industry Position
9.1.2 Hitachi Energy Company Profile and Main Business
9.1.3 Hitachi Energy High Voltage Direct Current Electric Power Transmission System Models, Specifications and Application
9.1.4 Hitachi Energy High Voltage Direct Current Electric Power Transmission System Revenue and Gross Margin, 2018-2023
9.1.5 Hitachi Energy Recent Developments9.2 Siemens
9.2.1 Siemens Company Information, Head Office, Market Area and Industry Position
9.2.2 Siemens Company Profile and Main Business
9.2.3 Siemens High Voltage Direct Current Electric Power Transmission System Models, Specifications and Application
9.2.4 Siemens High Voltage Direct Current Electric Power Transmission System Revenue and Gross Margin, 2018-2023
9.2.5 Siemens Recent Developments9.3 Prysmian Group
9.3.1 Prysmian Group Company Information, Head Office, Market Area and Industry Position
9.3.2 Prysmian Group Company Profile and Main Business
9.3.3 Prysmian Group High Voltage Direct Current Electric Power Transmission System Models, Specifications and Application
9.3.4 Prysmian Group High Voltage Direct Current Electric Power Transmission System Revenue and Gross Margin, 2018-2023
9.3.5 Prysmian Group Recent Developments9.4 XD Group
9.4.1 XD Group Company Information, Head Office, Market Area and Industry Position
9.4.2 XD Group Company Profile and Main Business
9.4.3 XD Group High Voltage Direct Current Electric Power Transmission System Models, Specifications and Application
9.4.4 XD Group High Voltage Direct Current Electric Power Transmission System Revenue and Gross Margin, 2018-2023
9.4.5 XD Group Recent Developments9.5 GE Grid Solution
9.5.1 GE Grid Solution Company Information, Head Office, Market Area and Industry Position
9.5.2 GE Grid Solution Company Profile and Main Business
9.5.3 GE Grid Solution High Voltage Direct Current Electric Power Transmission System Models, Specifications and Application
9.5.4 GE Grid Solution High Voltage Direct Current Electric Power Transmission System Revenue and Gross Margin, 2018-2023
9.5.5 GE Grid Solution Recent Developments9.6 TBEA
9.6.1 TBEA Company Information, Head Office, Market Area and Industry Position
9.6.2 TBEA Company Profile and Main Business
9.6.3 TBEA High Voltage Direct Current Electric Power Transmission System Models, Specifications and Application
9.6.4 TBEA High Voltage Direct Current Electric Power Transmission System Revenue and Gross Margin, 2018-2023
9.6.5 TBEA Recent Developments
9.7 Xuji Group
9.7.1 Xuji Group Company Information, Head Office, Market Area and Industry Position
9.7.2 Xuji Group Company Profile and Main Business
9.7.3 Xuji Group High Voltage Direct Current Electric Power Transmission System Models, Specifications and Application
9.7.4 Xuji Group High Voltage Direct Current Electric Power Transmission System Revenue and Gross Margin, 2018-2023
9.7.5 Xuji Group Recent Developments
9.8 Nexans
9.8.1 Nexans Company Information, Head Office, Market Area and Industry Position
9.8.2 Nexans Company Profile and Main Business
9.8.3 Nexans High Voltage Direct Current Electric Power Transmission System Models, Specifications and Application
9.8.4 Nexans High Voltage Direct Current Electric Power Transmission System Revenue and Gross Margin, 2018-2023
9.8.5 Nexans Recent Developments
9.9 NKT
9.9.1 NKT Company Information, Head Office, Market Area and Industry Position
9.9.2 NKT Company Profile and Main Business
9.9.3 NKT High Voltage Direct Current Electric Power Transmission System Models, Specifications and Application
9.9.4 NKT High Voltage Direct Current Electric Power Transmission System Revenue and Gross Margin, 2018-2023
9.9.5 NKT Recent Developments9.10 Toshiba Energy Systems & Solutions
9.10.1 Toshiba Energy Systems & Solutions Company Information, Head Office, Market Area and Industry Position
9.10.2 Toshiba Energy Systems & Solutions Company Profile and Main Business
9.10.3 Toshiba Energy Systems & Solutions High Voltage Direct Current Electric Power Transmission System Models, Specifications and Application
9.10.4 Toshiba Energy Systems & Solutions High Voltage Direct Current Electric Power Transmission System Revenue and Gross Margin, 2018-2023
9.10.5 Toshiba Energy Systems & Solutions Recent Developments
9.11 Mitsubishi Electric
9.11.1 Mitsubishi Electric Company Information, Head Office, Market Area and Industry Position
9.11.2 Mitsubishi Electric Company Profile and Main Business
9.11.3 Mitsubishi Electric High Voltage Direct Current Electric Power Transmission System Models, Specifications and Application
9.11.4 Mitsubishi Electric High Voltage Direct Current Electric Power Transmission System Revenue and Gross Margin, 2018-2023
9.11.5 Mitsubishi Electric Recent Developments
9.12 NR Electric
9.12.1 NR Electric Company Information, Head Office, Market Area and Industry Position
9.12.2 NR Electric Company Profile and Main Business
9.12.3 NR Electric High Voltage Direct Current Electric Power Transmission System Models, Specifications and Application
9.12.4 NR Electric High Voltage Direct Current Electric Power Transmission System Revenue and Gross Margin, 2018-2023
9.12.5 NR Electric Recent Developments
10 Conclusion
11 Appendix11.1 Research Methodology
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources11.3 Market Estimation Model
11.4 Disclaimer
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The High Voltage Direct Current Electric Power Transmission System Global and China Top Players Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
By Regions:
By Type:
By Application:
Frequently asked questions(FAQ's):
Recognize the areas along the High Voltage Direct Current Electric Power Transmission System Global and China Top Players Market's value chain where players are generating value. To get a complete picture, kindly read the entire report.
High Voltage Direct Current Electric Power Transmission System Global and China Top Players has a wide range of applications, including
In 2023, the High Voltage Direct Current Electric Power Transmission System Global and China Top Players Market share surpassed USD xx million, and between 2024 and 2029, it will grow at a CAGR of yy%.
The convergence of various vital triggers, including a major slowdown in Western economies, and some critical points in globalization, leads to the transformation of business in the High Voltage Direct Current Electric Power Transmission System Global and China Top Players Market across the extensive corporate landscape.
In this highly competitive and rapidly evolving High Voltage Direct Current Electric Power Transmission System Global and China Top Players Industry, top strategic priorities such as innovation, diversification, and M&A would remain consistent.