Global High Voltage Direct Current Transmission Market

Global High Voltage Direct Current (HVDC) Transmission Market Opportunities, Challenges, Strategies & Forecasts

Global High Voltage Direct Current Transmission Market

Global High Voltage Direct Current (HVDC) Transmission Market Opportunities, Challenges, Strategies & Forecasts


High Voltage Direct Current (HVDC) Market by End User (Office Building Construction, Retail Construction, Hospitality Construction, Institutional Construction, Other End Users), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast - is a comprehensive report that provides insights into the market dynamics, including the key drivers, challenges, and opportunities shaping the industry landscape. It also delves into the competitive landscape, highlighting the major players and their strategies.


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This report studies the High Voltage Direct Current (HVDC) Transmission market, covering market size for segment by type (Less than 400 KV, 400-800 KV, etc.), by application (Subsea Transmission, Underground Transmission, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group, GE Grid Solution, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

This report provides detailed historical analysis of global market for High Voltage Direct Current (HVDC) Transmission from 2016-2021, and provides extensive market forecasts from 2022-2030 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the High Voltage Direct Current (HVDC) Transmission market.

Moreover, the impact of COVID-19 is also concerned. Since outbreak in December 2019, the COVID-19 virus has spread to all around the world and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard, while the online market/industry increase. Fortunately, with the development of vaccine and other effort by global governments and organizations, the negative impact of COVID-19 is expected to subside and the global economy is expected to recover.

This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.

The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.

Leading players of High Voltage Direct Current (HVDC) Transmission including:

Hitachi ABB Power Grids

Siemens

Prysmian Group

XD Group

GE Grid Solution

TBEA

Xuji Group

Nexans

NKT

Toshiba Energy Systems & Solutions

Mitsubishi Electric

NR Electric

Market split by Type, can be divided into:

Less than 400 KV

400-800 KV

Above 800 KV

Market split by Application, can be divided into:

Subsea Transmission

Underground Transmission

Overhead Transmission

Market split by Sales Channel, can be divided into:

Direct Channel

Distribution Channel

Market segment by Region/Country including:

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Spain etc.)

Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

South America (Brazil, Argentina and Colombia etc.)

Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

If you have any special requirements, please let us know and we can provide you the customized report as you want.

Chapter 1 High Voltage Direct Current (HVDC) Transmission Market Overview

1.1 High Voltage Direct Current (HVDC) Transmission Definition

1.2 Global High Voltage Direct Current (HVDC) Transmission Market Size Status and Outlook (2016-2030)

1.3 Global High Voltage Direct Current (HVDC) Transmission Market Size Comparison by Region (2016-2030)

1.4 Global High Voltage Direct Current (HVDC) Transmission Market Size Comparison by Type (2016-2030)

1.5 Global High Voltage Direct Current (HVDC) Transmission Market Size Comparison by Application (2016-2030)

1.6 Global High Voltage Direct Current (HVDC) Transmission Market Size Comparison by Sales Channel (2016-2030)

1.7 High Voltage Direct Current (HVDC) Transmission Market Dynamics (COVID-19 Impacts)

1.7.1 Market Drivers/Opportunities

1.7.2 Market Challenges/Risks

1.7.3 Market News (Mergers/Acquisitions/Expansion)

1.7.4 COVID-19 Impacts

1.7.5 Post-Strategies of COVID-19

Chapter 2 High Voltage Direct Current (HVDC) Transmission Market Segment Analysis by Player

2.1 Global High Voltage Direct Current (HVDC) Transmission Sales and Market Share by Player (2019-2021)

2.2 Global High Voltage Direct Current (HVDC) Transmission Revenue and Market Share by Player (2019-2021)

2.3 Global High Voltage Direct Current (HVDC) Transmission Average Price by Player (2019-2021)

2.4 Players Competition Situation & Trends

2.5 Conclusion of Segment by Player

Chapter 3 High Voltage Direct Current (HVDC) Transmission Market Segment Analysis by Type

3.1 Global High Voltage Direct Current (HVDC) Transmission Market by Type

3.1.1 Less than 400 KV

3.1.2 400-800 KV

3.1.3 Above 800 KV

3.2 Global High Voltage Direct Current (HVDC) Transmission Sales and Market Share by Type (2016-2021)

3.3 Global High Voltage Direct Current (HVDC) Transmission Revenue and Market Share by Type (2016-2021)

3.4 Global High Voltage Direct Current (HVDC) Transmission Average Price by Type (2016-2021)

3.5 Leading Players of High Voltage Direct Current (HVDC) Transmission by Type in 2021

3.6 Conclusion of Segment by Type

Chapter 4 High Voltage Direct Current (HVDC) Transmission Market Segment Analysis by Application

4.1 Global High Voltage Direct Current (HVDC) Transmission Market by Application

4.1.1 Subsea Transmission

4.1.2 Underground Transmission

4.1.3 Overhead Transmission

4.2 Global High Voltage Direct Current (HVDC) Transmission Revenue and Market Share by Application (2016-2021)

4.3 Leading Consumers of High Voltage Direct Current (HVDC) Transmission by Application in 2021

4.4 Conclusion of Segment by Application

Chapter 5 High Voltage Direct Current (HVDC) Transmission Market Segment Analysis by Sales Channel

5.1 Global High Voltage Direct Current (HVDC) Transmission Market by Sales Channel

5.1.1 Direct Channel

5.1.2 Distribution Channel

5.2 Global High Voltage Direct Current (HVDC) Transmission Revenue and Market Share by Sales Channel (2016-2021)

5.3 Leading Distributors/Dealers of High Voltage Direct Current (HVDC) Transmission by Sales Channel in 2021

5.4 Conclusion of Segment by Sales Channel

Chapter 6 High Voltage Direct Current (HVDC) Transmission Market Segment Analysis by Region

6.1 Global High Voltage Direct Current (HVDC) Transmission Market Size and CAGR by Region (2016-2030)

6.2 Global High Voltage Direct Current (HVDC) Transmission Sales and Market Share by Region (2016-2021)

6.3 Global High Voltage Direct Current (HVDC) Transmission Revenue and Market Share by Region (2016-2021)

6.4 North America

6.4.1 North America Market by Country

6.4.2 North America High Voltage Direct Current (HVDC) Transmission Market Share by Type

6.4.3 North America High Voltage Direct Current (HVDC) Transmission Market Share by Application

6.4.4 United States

6.4.5 Canada

6.4.6 Mexico

6.5 Europe

6.5.1 Europe Market by Country

6.5.2 Europe High Voltage Direct Current (HVDC) Transmission Market Share by Type

6.5.3 Europe High Voltage Direct Current (HVDC) Transmission Market Share by Application

6.5.4 Germany

6.5.5 UK

6.5.6 France

6.5.7 Italy

6.5.8 Russia

6.5.9 Spain

6.6 Asia-Pacific

6.6.1 Asia-Pacific Market by Country

6.6.2 Asia-Pacific High Voltage Direct Current (HVDC) Transmission Market Share by Type

6.6.3 Asia-Pacific High Voltage Direct Current (HVDC) Transmission Market Share by Application

6.6.4 China

6.6.5 Japan

6.6.6 Korea

6.6.7 India

6.6.8 Southeast Asia

6.6.9 Australia

6.7 South America

6.7.1 South America Market by Country

6.7.2 South America High Voltage Direct Current (HVDC) Transmission Market Share by Type

6.7.3 South America High Voltage Direct Current (HVDC) Transmission Market Share by Application

6.7.4 Brazil

6.7.5 Argentina

6.7.6 Colombia

6.8 Middle East & Africa

6.8.1 Middle East & Africa Market by Country

6.8.2 Middle East & Africa High Voltage Direct Current (HVDC) Transmission Market Share by Type

6.8.3 Middle East & Africa High Voltage Direct Current (HVDC) Transmission Market Share by Application

6.8.4 UAE

6.8.5 Saudi Arabia

6.8.6 South Africa

6.9 Conclusion of Segment by Region

Chapter 7 Profile of Leading High Voltage Direct Current (HVDC) Transmission Players

7.1 Hitachi ABB Power Grids

7.1.1 Company Snapshot

7.1.2 Product/Service Offered

7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

7.2 Siemens

7.3 Prysmian Group

7.4 XD Group

7.5 GE Grid Solution

7.6 TBEA

7.7 Xuji Group

7.8 Nexans

7.9 NKT

7.10 Toshiba Energy Systems & Solutions

7.11 Mitsubishi Electric

7.12 NR Electric

Chapter 8 Upstream and Downstream Analysis of High Voltage Direct Current (HVDC) Transmission

8.1 Industrial Chain of High Voltage Direct Current (HVDC) Transmission

8.2 Upstream of High Voltage Direct Current (HVDC) Transmission

8.3 Downstream of High Voltage Direct Current (HVDC) Transmission

Chapter 9 Development Trend of High Voltage Direct Current (HVDC) Transmission (2022-2030)

9.1 Global High Voltage Direct Current (HVDC) Transmission Market Size (Sales and Revenue) Forecast (2022-2030)

9.2 Global High Voltage Direct Current (HVDC) Transmission Market Size and CAGR Forecast by Region (2022-2030)

9.3 Global High Voltage Direct Current (HVDC) Transmission Market Size and CAGR Forecast by Type (2022-2030)

9.4 Global High Voltage Direct Current (HVDC) Transmission Market Size and CAGR Forecast by Application (2022-2030)

9.5 Global High Voltage Direct Current (HVDC) Transmission Market Size and CAGR Forecast by Sales Channel (2022-2030)

Chapter 10 Appendix

10.1 Research Methodology

10.2 Data Sources

10.3 Disclaimer

10.4 Analysts Certification

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
High Voltage Direct Current (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
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

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)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
What is the market share of the High Voltage Direct Current (HVDC) Market?
The Global High Voltage Direct Current (HVDC) Market share by vendor, as well as the concentration rate using the CR4, CR8 Index, determine the strength of competitive players like Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group, GE Grid Solution, TBEA, Xuji Group, Nexans, NKT, Toshiba Energy Systems & Solutions, Mitsubishi Electric, NR Electric.
What gaps and opportunities are seen in the High Voltage Direct Current (HVDC) Market?
The flow of investment into the High Voltage Direct Current (HVDC) Market, which is utilizing technologies to drive efficiency and high volume, clearly shows the market opportunity.
Where are the High Voltage Direct Current (HVDC) used?
The High Voltage Direct Current (HVDC) are employed in Subsea Transmission, Underground Transmission, Overhead Transmission.
What is the estimated value of the High Voltage Direct Current (HVDC) Market?
The High Voltage Direct Current (HVDC) Market is expected to reach a reasonable valuation by 2030; now the market is expected to shift its focus from growth to value.
What are the underlying opportunities in the High Voltage Direct Current (HVDC) Market?
The influx of capital into the High Voltage Direct Current (HVDC) Market, as well as the deployment of technologies designed to increase efficiency and yield high volume, are paving the way for promising market opportunities.
Who should consider the High Voltage Direct Current (HVDC) Market study?
The High Voltage Direct Current (HVDC) Industry stakeholders, executives, and experts, as well as individuals who need to develop consumer-friendly strategies and use technology to stay ahead of the competition.