
Global HVDC Market Report 2021 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2027 (Based on 2020 COVID-19 Worldwide Spread)
The HVDC Market report highlights technological advancements, investment opportunities, and regulatory frameworks shaping the industry landscape through 2030.
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The HVDC market is expected to grow from USD X.X million in 2021 to USD X.X million by 2027, at a CAGR of X.X% during the forecast period. The global HVDC market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global HVDC market. The report focuses on well-known providers in the global HVDC industry, market segments, competition, and the macro environment.
Under COVID-19 Outbreak, how the HVDC Industry will develop is also analyzed in detail in Chapter 1.7 of the report.
In Chapter 2.4, we analyzed industry trends in the context of COVID-19.
In Chapter 3.5, we analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets.
In Chapters 6 to 10 of the report, we analyze the impact of COVID-19 on various regions and major countries.
In chapter 13.5, the impact of COVID-19 on the future development of the industry is pointed out.
A holistic study of the market is made by considering a variety of factors, from demographics conditions and business cycles in a particular country to market-specific microeconomic impacts. The study found the shift in market paradigms in terms of regional competitive advantage and the competitive landscape of major players.
Key players in the global HVDC market covered in Chapter 4:
NKT A/S
General Electric
Mitsubishi Electric
NR Electric
Siemens
Hitachi
C-EPRI Electric Power Engineering
Nexans
Prysmian Group
ABB
In Chapter 11 and 13.3, on the basis of types, the HVDC market from 2016 to 2027 is primarily split into:
Land Cable
Submarine Cable
In Chapter 12 and 13.4, on the basis of applications, the HVDC market from 2016 to 2027 covers:
Bulk Power Transmission
Interconnecting Grids
Infeed Urban Areas
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2016-2027) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10, 13:
North America (Covered in Chapter 6 and 13)
United States
Canada
Mexico
Europe (Covered in Chapter 7 and 13)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 8 and 13)
China
Japan
South Korea
Australia
India
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 9 and 13)
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Others
South America (Covered in Chapter 10 and 13)
Brazil
Argentina
Columbia
Chile
Others
Years considered for this report:
Historical Years: 2016-2020
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2021-2027
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Regulatory Scenario by Region/Country
1.4 Market Investment Scenario Strategic
1.5 Market Analysis by Type
1.5.1 Global HVDC Market Share by Type (2021-2027)
1.5.2 Land Cable
1.5.3 Submarine Cable
1.6 Market by Application
1.6.1 Global HVDC Market Share by Application (2021-2027)
1.6.2 Bulk Power Transmission
1.6.3 Interconnecting Grids
1.6.4 Infeed Urban Areas
1.7 HVDC Industry Development Trends under COVID-19 Outbreak
1.7.1 Global COVID-19 Status Overview
1.7.2 Influence of COVID-19 Outbreak on HVDC Industry Development
2. Global Market Growth Trends
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
2.3 Industry News and Policies by Regions
2.3.1 Industry News
2.3.2 Industry Policies
2.4 Industry Trends Under COVID-19
3 Value Chain of HVDC Market
3.1 Value Chain Status
3.2 HVDC Manufacturing Cost Structure Analysis
3.2.1 Production Process Analysis
3.2.2 Manufacturing Cost Structure of HVDC
3.2.3 Labor Cost of HVDC
3.2.3.1 Labor Cost of HVDC Under COVID-19
3.3 Sales and Marketing Model Analysis
3.4 Downstream Major Customer Analysis (by Region)
3.5 Value Chain Status Under COVID-19
4 Players Profiles
4.1 NKT A/S
4.1.1 NKT A/S Basic Information
4.1.2 HVDC Product Profiles, Application and Specification
4.1.3 NKT A/S HVDC Market Performance (2016-2021)
4.1.4 NKT A/S Business Overview
4.2 General Electric
4.2.1 General Electric Basic Information
4.2.2 HVDC Product Profiles, Application and Specification
4.2.3 General Electric HVDC Market Performance (2016-2021)
4.2.4 General Electric Business Overview
4.3 Mitsubishi Electric
4.3.1 Mitsubishi Electric Basic Information
4.3.2 HVDC Product Profiles, Application and Specification
4.3.3 Mitsubishi Electric HVDC Market Performance (2016-2021)
4.3.4 Mitsubishi Electric Business Overview
4.4 NR Electric
4.4.1 NR Electric Basic Information
4.4.2 HVDC Product Profiles, Application and Specification
4.4.3 NR Electric HVDC Market Performance (2016-2021)
4.4.4 NR Electric Business Overview
4.5 Siemens
4.5.1 Siemens Basic Information
4.5.2 HVDC Product Profiles, Application and Specification
4.5.3 Siemens HVDC Market Performance (2016-2021)
4.5.4 Siemens Business Overview
4.6 Hitachi
4.6.1 Hitachi Basic Information
4.6.2 HVDC Product Profiles, Application and Specification
4.6.3 Hitachi HVDC Market Performance (2016-2021)
4.6.4 Hitachi Business Overview
4.7 C-EPRI Electric Power Engineering
4.7.1 C-EPRI Electric Power Engineering Basic Information
4.7.2 HVDC Product Profiles, Application and Specification
4.7.3 C-EPRI Electric Power Engineering HVDC Market Performance (2016-2021)
4.7.4 C-EPRI Electric Power Engineering Business Overview
4.8 Nexans
4.8.1 Nexans Basic Information
4.8.2 HVDC Product Profiles, Application and Specification
4.8.3 Nexans HVDC Market Performance (2016-2021)
4.8.4 Nexans Business Overview
4.9 Prysmian Group
4.9.1 Prysmian Group Basic Information
4.9.2 HVDC Product Profiles, Application and Specification
4.9.3 Prysmian Group HVDC Market Performance (2016-2021)
4.9.4 Prysmian Group Business Overview
4.10 ABB
4.10.1 ABB Basic Information
4.10.2 HVDC Product Profiles, Application and Specification
4.10.3 ABB HVDC Market Performance (2016-2021)
4.10.4 ABB Business Overview
5 Global HVDC Market Analysis by Regions
5.1 Global HVDC Sales, Revenue and Market Share by Regions
5.1.1 Global HVDC Sales by Regions (2016-2021)
5.1.2 Global HVDC Revenue by Regions (2016-2021)
5.2 North America HVDC Sales and Growth Rate (2016-2021)
5.3 Europe HVDC Sales and Growth Rate (2016-2021)
5.4 Asia-Pacific HVDC Sales and Growth Rate (2016-2021)
5.5 Middle East and Africa HVDC Sales and Growth Rate (2016-2021)
5.6 South America HVDC Sales and Growth Rate (2016-2021)
6 North America HVDC Market Analysis by Countries
6.1 North America HVDC Sales, Revenue and Market Share by Countries
6.1.1 North America HVDC Sales by Countries (2016-2021)
6.1.2 North America HVDC Revenue by Countries (2016-2021)
6.1.3 North America HVDC Market Under COVID-19
6.2 United States HVDC Sales and Growth Rate (2016-2021)
6.2.1 United States HVDC Market Under COVID-19
6.3 Canada HVDC Sales and Growth Rate (2016-2021)
6.4 Mexico HVDC Sales and Growth Rate (2016-2021)
7 Europe HVDC Market Analysis by Countries
7.1 Europe HVDC Sales, Revenue and Market Share by Countries
7.1.1 Europe HVDC Sales by Countries (2016-2021)
7.1.2 Europe HVDC Revenue by Countries (2016-2021)
7.1.3 Europe HVDC Market Under COVID-19
7.2 Germany HVDC Sales and Growth Rate (2016-2021)
7.2.1 Germany HVDC Market Under COVID-19
7.3 UK HVDC Sales and Growth Rate (2016-2021)
7.3.1 UK HVDC Market Under COVID-19
7.4 France HVDC Sales and Growth Rate (2016-2021)
7.4.1 France HVDC Market Under COVID-19
7.5 Italy HVDC Sales and Growth Rate (2016-2021)
7.5.1 Italy HVDC Market Under COVID-19
7.6 Spain HVDC Sales and Growth Rate (2016-2021)
7.6.1 Spain HVDC Market Under COVID-19
7.7 Russia HVDC Sales and Growth Rate (2016-2021)
7.7.1 Russia HVDC Market Under COVID-19
8 Asia-Pacific HVDC Market Analysis by Countries
8.1 Asia-Pacific HVDC Sales, Revenue and Market Share by Countries
8.1.1 Asia-Pacific HVDC Sales by Countries (2016-2021)
8.1.2 Asia-Pacific HVDC Revenue by Countries (2016-2021)
8.1.3 Asia-Pacific HVDC Market Under COVID-19
8.2 China HVDC Sales and Growth Rate (2016-2021)
8.2.1 China HVDC Market Under COVID-19
8.3 Japan HVDC Sales and Growth Rate (2016-2021)
8.3.1 Japan HVDC Market Under COVID-19
8.4 South Korea HVDC Sales and Growth Rate (2016-2021)
8.4.1 South Korea HVDC Market Under COVID-19
8.5 Australia HVDC Sales and Growth Rate (2016-2021)
8.6 India HVDC Sales and Growth Rate (2016-2021)
8.6.1 India HVDC Market Under COVID-19
8.7 Southeast Asia HVDC Sales and Growth Rate (2016-2021)
8.7.1 Southeast Asia HVDC Market Under COVID-19
9 Middle East and Africa HVDC Market Analysis by Countries
9.1 Middle East and Africa HVDC Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa HVDC Sales by Countries (2016-2021)
9.1.2 Middle East and Africa HVDC Revenue by Countries (2016-2021)
9.1.3 Middle East and Africa HVDC Market Under COVID-19
9.2 Saudi Arabia HVDC Sales and Growth Rate (2016-2021)
9.3 UAE HVDC Sales and Growth Rate (2016-2021)
9.4 Egypt HVDC Sales and Growth Rate (2016-2021)
9.5 Nigeria HVDC Sales and Growth Rate (2016-2021)
9.6 South Africa HVDC Sales and Growth Rate (2016-2021)
10 South America HVDC Market Analysis by Countries
10.1 South America HVDC Sales, Revenue and Market Share by Countries
10.1.1 South America HVDC Sales by Countries (2016-2021)
10.1.2 South America HVDC Revenue by Countries (2016-2021)
10.1.3 South America HVDC Market Under COVID-19
10.2 Brazil HVDC Sales and Growth Rate (2016-2021)
10.2.1 Brazil HVDC Market Under COVID-19
10.3 Argentina HVDC Sales and Growth Rate (2016-2021)
10.4 Columbia HVDC Sales and Growth Rate (2016-2021)
10.5 Chile HVDC Sales and Growth Rate (2016-2021)
11 Global HVDC Market Segment by Types
11.1 Global HVDC Sales, Revenue and Market Share by Types (2016-2021)
11.1.1 Global HVDC Sales and Market Share by Types (2016-2021)
11.1.2 Global HVDC Revenue and Market Share by Types (2016-2021)
11.2 Land Cable Sales and Price (2016-2021)
11.3 Submarine Cable Sales and Price (2016-2021)
12 Global HVDC Market Segment by Applications
12.1 Global HVDC Sales, Revenue and Market Share by Applications (2016-2021)
12.1.1 Global HVDC Sales and Market Share by Applications (2016-2021)
12.1.2 Global HVDC Revenue and Market Share by Applications (2016-2021)
12.2 Bulk Power Transmission Sales, Revenue and Growth Rate (2016-2021)
12.3 Interconnecting Grids Sales, Revenue and Growth Rate (2016-2021)
12.4 Infeed Urban Areas Sales, Revenue and Growth Rate (2016-2021)
13 HVDC Market Forecast by Regions (2021-2027)
13.1 Global HVDC Sales, Revenue and Growth Rate (2021-2027)
13.2 HVDC Market Forecast by Regions (2021-2027)
13.2.1 North America HVDC Market Forecast (2021-2027)
13.2.2 Europe HVDC Market Forecast (2021-2027)
13.2.3 Asia-Pacific HVDC Market Forecast (2021-2027)
13.2.4 Middle East and Africa HVDC Market Forecast (2021-2027)
13.2.5 South America HVDC Market Forecast (2021-2027)
13.3 HVDC Market Forecast by Types (2021-2027)
13.4 HVDC Market Forecast by Applications (2021-2027)
13.5 HVDC Market Forecast Under COVID-19
14 Appendix
14.1 Methodology
14.2 Research Data Source
List of Tables and Figures
Table Global HVDC Market Size Growth Rate by Type (2021-2027)
Figure Global HVDC Market Share by Type in 2020 & 2026
Figure Land Cable Features
Figure Submarine Cable Features
Table Global HVDC Market Size Growth by Application (2021-2027)
Figure Global HVDC Market Share by Application in 2020 & 2026
Figure Bulk Power Transmission Description
Figure Interconnecting Grids Description
Figure Infeed Urban Areas Description
Figure Global COVID-19 Status Overview
Table Influence of COVID-19 Outbreak on HVDC Industry Development
Table SWOT Analysis
Figure Porter's Five Forces Analysis
Figure Global HVDC Market Size and Growth Rate 2016-2027
Table Industry News
Table Industry Policies
Figure Value Chain Status of HVDC
Figure Production Process of HVDC
Figure Manufacturing Cost Structure of HVDC
Figure Major Company Analysis (by Business Distribution Base, by Product Type)
Table Downstream Major Customer Analysis (by Region)
Table NKT A/S Profile
Table NKT A/S Production, Value, Price, Gross Margin 2016-2021
Table General Electric Profile
Table General Electric Production, Value, Price, Gross Margin 2016-2021
Table Mitsubishi Electric Profile
Table Mitsubishi Electric Production, Value, Price, Gross Margin 2016-2021
Table NR Electric Profile
Table NR Electric Production, Value, Price, Gross Margin 2016-2021
Table Siemens Profile
Table Siemens Production, Value, Price, Gross Margin 2016-2021
Table Hitachi Profile
Table Hitachi Production, Value, Price, Gross Margin 2016-2021
Table C-EPRI Electric Power Engineering Profile
Table C-EPRI Electric Power Engineering Production, Value, Price, Gross Margin 2016-2021
Table Nexans Profile
Table Nexans Production, Value, Price, Gross Margin 2016-2021
Table Prysmian Group Profile
Table Prysmian Group Production, Value, Price, Gross Margin 2016-2021
Table ABB Profile
Table ABB Production, Value, Price, Gross Margin 2016-2021
Figure Global HVDC Sales and Growth Rate (2016-2021)
Figure Global HVDC Revenue ($) and Growth (2016-2021)
Table Global HVDC Sales by Regions (2016-2021)
Table Global HVDC Sales Market Share by Regions (2016-2021)
Table Global HVDC Revenue ($) by Regions (2016-2021)
Table Global HVDC Revenue Market Share by Regions (2016-2021)
Table Global HVDC Revenue Market Share by Regions in 2016
Table Global HVDC Revenue Market Share by Regions in 2020
Figure North America HVDC Sales and Growth Rate (2016-2021)
Figure Europe HVDC Sales and Growth Rate (2016-2021)
Figure Asia-Pacific HVDC Sales and Growth Rate (2016-2021)
Figure Middle East and Africa HVDC Sales and Growth Rate (2016-2021)
Figure South America HVDC Sales and Growth Rate (2016-2021)
Figure North America HVDC Revenue ($) and Growth (2016-2021)
Table North America HVDC Sales by Countries (2016-2021)
Table North America HVDC Sales Market Share by Countries (2016-2021)
Figure North America HVDC Sales Market Share by Countries in 2016
Figure United States HVDC Sales and Growth Rate (2016-2021)
Figure Canada HVDC Sales and Growth Rate (2016-2021)
Figure Mexico HVDC Sales and Growth (2016-2021)
Figure Europe HVDC Revenue ($) Growth (2016-2021)
Table Europe HVDC Sales by Countries (2016-2021)
Table Europe HVDC Sales Market Share by Countries (2016-2021)
Figure Germany HVDC Sales and Growth Rate (2016-2021)
Figure UK HVDC Sales and Growth Rate (2016-2021)
Figure France HVDC Sales and Growth Rate (2016-2021)
Figure Italy HVDC Sales and Growth Rate (2016-2021)
Figure Spain HVDC Sales and Growth Rate (2016-2021)
Figure Russia HVDC Sales and Growth Rate (2016-2021)
Figure Asia-Pacific HVDC Revenue ($) and Growth (2016-2021)
Table Asia-Pacific HVDC Sales by Countries (2016-2021)
Table Asia-Pacific HVDC Sales Market Share by Countries (2016-2021)
Figure China HVDC Sales and Growth Rate (2016-2021)
Figure Japan HVDC Sales and Growth Rate (2016-2021)
Figure South Korea HVDC Sales and Growth Rate (2016-2021)
Figure Australia HVDC Sales and Growth Rate (2016-2021)
Figure India HVDC Sales and Growth Rate (2016-2021)
Figure Southeast Asia HVDC Sales and Growth Rate (2016-2021)
Figure Middle East and Africa HVDC Revenue ($) and Growth (2016-2021)
Table Middle East and Africa HVDC Sales by Countries (2016-2021)
Table Middle East and Africa HVDC Sales Market Share by Countries (2016-2021)
Figure Saudi Arabia HVDC Sales and Growth Rate (2016-2021)
Figure UAE HVDC Sales and Growth Rate (2016-2021)
Figure Egypt HVDC Sales and Growth Rate (2016-2021)
Figure Nigeria HVDC Sales and Growth Rate (2016-2021)
Figure South Africa HVDC Sales and Growth Rate (2016-2021)
Figure South America HVDC Revenue ($) and Growth (2016-2021)
Figure Brazil HVDC Sales and Growth Rate (2016-2021)
Figure Argentina HVDC Sales and Growth Rate (2016-2021)
Figure Columbia HVDC Sales and Growth Rate (2016-2021)
Figure Chile HVDC Sales and Growth Rate (2016-2021)
Table Global HVDC Sales by Types (2016-2021)
Table Global HVDC Revenue ($) by Types (2016-2021)
Figure Global Land Cable Sales and Growth Rate (2016-2021)
Figure Global Land Cable Price (2016-2021)
Figure Global Submarine Cable Sales and Growth Rate (2016-2021)
Figure Global Submarine Cable Price (2016-2021)
Table Global HVDC Sales by Applications (2016-2021)
Table Global HVDC Sales Share by Applications (2016-2021)
Figure Global Bulk Power Transmission Sales and Growth Rate (2016-2021)
Figure Global Bulk Power Transmission Revenue and Growth Rate (2016-2021)
Figure Global Interconnecting Grids Sales and Growth Rate (2016-2021)
Figure Global Interconnecting Grids Revenue and Growth Rate (2016-2021)
Figure Global Infeed Urban Areas Sales and Growth Rate (2016-2021)
Figure Global Infeed Urban Areas Revenue and Growth Rate (2016-2021)
Figure Global HVDC Sales and Growth Rate (2021-2027)
Figure Global HVDC Revenue ($) and Growth Rate (2021-2027)
Table Global HVDC Sales Forecast by Regions (2021-2027)
Table Global HVDC Revenue Forecast by Regions (2021-2027)
Figure North America HVDC Sales Forecast (2021-2027)
Figure North America HVDC Revenue Forecast (2021-2027)
Figure Europe HVDC Sales Forecast (2021-2027)
Figure Europe HVDC Revenue Forecast (2021-2027)
Figure Asia-Pacific HVDC Sales Forecast (2021-2027)
Figure Asia-Pacific HVDC Revenue Forecast (2021-2027)
Figure Middle East and Africa HVDC Sales Forecast (2021-2027)
Figure Middle East and Africa HVDC Revenue Forecast (2021-2027)
Figure South America HVDC Sales Forecast (2021-2027)
Figure South America HVDC Revenue Forecast (2021-2027)
Table Global HVDC Sales Forecast by Types (2021-2027)
Table Global HVDC Sales Market Share Forecast by Types (2021-2027)
Table Global HVDC Revenue Market Share Forecast by Types (2021-2027)
Table Global HVDC Sales Market Share Forecast by Applications (2021-2027)
Table Global HVDC Revenue Forecast by Applications (2021-2027)
Table Global HVDC Revenue Market Share Forecast by Applications (2021-2027)
Research Methodology:
HVDC Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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