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Power is generated, transmitted and distributed as AC, and most of the time, power is also consumed as AC. However, when transmitting power over long distances such as from an offshore wind farm, an AC line would be uneconomical due to the high power losses that such transmission involves. In such situations, DC power is used, and the conversion of AC power to DC for transmission is achieved using a converter station.
Scope of the Report:
This report focuses on the HVDC Converter Stations in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The major factors driving the growth of the market is the increasing requirement for cost-effective solutions for bulk power transfer and increasing need for connecting asynchronous grids. Due to these, there has been a rapid adoption of HVDC in Europe and Asia Pacific creating a market opportunity for the HVDC Converter Station Market. Increasing requirement to transfer bulk power over long distances and the connection of the renewable energy resources to the national grid are driving the market for HVDC converter stations.
The rise in the use of thyristor valves has increased the demand for LCC HVDC systems because of the better reliability of the thyristor technology. In the recent years, technical improvements and compact designs with large-capacity thyristors (up to 8.5 kV, 4 kA) have contributed to the progress of HVDC applications in the Asia Pacific region, because of which there have been large UHVDC projects with the LCC technology in China. The trend is expected to continue in the by 2022 as the major economies in Asia and Europe such as China and the UK, among others are still struggling to meet the energy requirement in the country.
The worldwide market for HVDC Converter Stations is expected to grow at a CAGR of roughly 7.6% over the next five years, will reach 110300 million US$ in 2023, from 71100 million US$ in 2017, according to a new study.
Market Segment by Manufacturers, this report covers
Power Industry
Powering Island and Remote Loads
Interconnecting Networks
Oil & Gas
Other
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Monopolar
Bi-Polar
Back to Back
Multi-Terminal
Market Segment by Applications, can be divided into
Power Industry
Powering Island and Remote Loads
Interconnecting Networks
Oil & Gas
Others
There are 15 Chapters to deeply display the global HVDC Converter Stations market.
Chapter 1, to describe HVDC Converter Stations Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of HVDC Converter Stations, with sales, revenue, and price of HVDC Converter Stations, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of HVDC Converter Stations, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, HVDC Converter Stations market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe HVDC Converter Stations sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Market Overview
1.1 HVDC Converter Stations Introduction
1.2 Market Analysis by Type
1.2.1 Monopolar
1.2.2 Bi-Polar
1.2.3 Back to Back
1.2.4 Multi-Terminal
1.3 Market Analysis by Applications
1.3.1 Power Industry
1.3.2 Powering Island and Remote Loads
1.3.3 Interconnecting Networks
1.3.4 Oil & Gas
1.3.5 Others
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2013-2023)
1.4.1.2 Canada Market States and Outlook (2013-2023)
1.4.1.3 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2013-2023)
1.4.2.2 France Market States and Outlook (2013-2023)
1.4.2.3 UK Market States and Outlook (2013-2023)
1.4.2.4 Russia Market States and Outlook (2013-2023)
1.4.2.5 Italy Market States and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2013-2023)
1.4.3.2 Japan Market States and Outlook (2013-2023)
1.4.3.3 Korea Market States and Outlook (2013-2023)
1.4.3.4 India Market States and Outlook (2013-2023)
1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2013-2023)
1.4.4.2 Egypt Market States and Outlook (2013-2023)
1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)
1.4.4.4 South Africa Market States and Outlook (2013-2023)
1.4.4.5 Nigeria Market States and Outlook (2013-2023)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 Power Industry
2.1.1 Business Overview
2.1.2 HVDC Converter Stations Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Power Industry HVDC Converter Stations Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2 Powering Island and Remote Loads
2.2.1 Business Overview
2.2.2 HVDC Converter Stations Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Powering Island and Remote Loads HVDC Converter Stations Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3 Interconnecting Networks
2.3.1 Business Overview
2.3.2 HVDC Converter Stations Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Interconnecting Networks HVDC Converter Stations Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.4 Oil & Gas
2.4.1 Business Overview
2.4.2 HVDC Converter Stations Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Oil & Gas HVDC Converter Stations Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.5 Other
2.5.1 Business Overview
2.5.2 HVDC Converter Stations Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Other HVDC Converter Stations Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global HVDC Converter Stations Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
3.1 Global HVDC Converter Stations Sales and Market Share by Manufacturer (2016-2017)
3.2 Global HVDC Converter Stations Revenue and Market Share by Manufacturer (2016-2017)
3.3 Market Concentration Rate
3.3.1 Top 3 HVDC Converter Stations Manufacturer Market Share in 2017
3.3.2 Top 6 HVDC Converter Stations Manufacturer Market Share in 2017
3.4 Market Competition Trend
4 Global HVDC Converter Stations Market Analysis by Regions
4.1 Global HVDC Converter Stations Sales, Revenue and Market Share by Regions
4.1.1 Global HVDC Converter Stations Sales and Market Share by Regions (2013-2018)
4.1.2 Global HVDC Converter Stations Revenue and Market Share by Regions (2013-2018)
4.2 North America HVDC Converter Stations Sales and Growth Rate (2013-2018)
4.3 Europe HVDC Converter Stations Sales and Growth Rate (2013-2018)
4.4 Asia-Pacific HVDC Converter Stations Sales and Growth Rate (2013-2018)
4.5 South America HVDC Converter Stations Sales and Growth Rate (2013-2018)
4.6 Middle East and Africa HVDC Converter Stations Sales and Growth Rate (2013-2018)
5 North America HVDC Converter Stations by Countries
5.1 North America HVDC Converter Stations Sales, Revenue and Market Share by Countries
5.1.1 North America HVDC Converter Stations Sales and Market Share by Countries (2013-2018)
5.1.2 North America HVDC Converter Stations Revenue and Market Share by Countries (2013-2018)
5.2 United States HVDC Converter Stations Sales and Growth Rate (2013-2018)
5.3 Canada HVDC Converter Stations Sales and Growth Rate (2013-2018)
5.4 Mexico HVDC Converter Stations Sales and Growth Rate (2013-2018)
6 Europe HVDC Converter Stations by Countries
6.1 Europe HVDC Converter Stations Sales, Revenue and Market Share by Countries
6.1.1 Europe HVDC Converter Stations Sales and Market Share by Countries (2013-2018)
6.1.2 Europe HVDC Converter Stations Revenue and Market Share by Countries (2013-2018)
6.2 Germany HVDC Converter Stations Sales and Growth Rate (2013-2018)
6.3 UK HVDC Converter Stations Sales and Growth Rate (2013-2018)
6.4 France HVDC Converter Stations Sales and Growth Rate (2013-2018)
6.5 Russia HVDC Converter Stations Sales and Growth Rate (2013-2018)
6.6 Italy HVDC Converter Stations Sales and Growth Rate (2013-2018)
7 Asia-Pacific HVDC Converter Stations by Countries
7.1 Asia-Pacific HVDC Converter Stations Sales, Revenue and Market Share by Countries
7.1.1 Asia-Pacific HVDC Converter Stations Sales and Market Share by Countries (2013-2018)
7.1.2 Asia-Pacific HVDC Converter Stations Revenue and Market Share by Countries (2013-2018)
7.2 China HVDC Converter Stations Sales and Growth Rate (2013-2018)
7.3 Japan HVDC Converter Stations Sales and Growth Rate (2013-2018)
7.4 Korea HVDC Converter Stations Sales and Growth Rate (2013-2018)
7.5 India HVDC Converter Stations Sales and Growth Rate (2013-2018)
7.6 Southeast Asia HVDC Converter Stations Sales and Growth Rate (2013-2018)
8 South America HVDC Converter Stations by Countries
8.1 South America HVDC Converter Stations Sales, Revenue and Market Share by Countries
8.1.1 South America HVDC Converter Stations Sales and Market Share by Countries (2013-2018)
8.1.2 South America HVDC Converter Stations Revenue and Market Share by Countries (2013-2018)
8.2 Brazil HVDC Converter Stations Sales and Growth Rate (2013-2018)
8.3 Argentina HVDC Converter Stations Sales and Growth Rate (2013-2018)
8.4 Colombia HVDC Converter Stations Sales and Growth Rate (2013-2018)
9 Middle East and Africa HVDC Converter Stations by Countries
9.1 Middle East and Africa HVDC Converter Stations Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa HVDC Converter Stations Sales and Market Share by Countries (2013-2018)
9.1.2 Middle East and Africa HVDC Converter Stations Revenue and Market Share by Countries (2013-2018)
9.2 Saudi Arabia HVDC Converter Stations Sales and Growth Rate (2013-2018)
9.3 UAE HVDC Converter Stations Sales and Growth Rate (2013-2018)
9.4 Egypt HVDC Converter Stations Sales and Growth Rate (2013-2018)
9.5 Nigeria HVDC Converter Stations Sales and Growth Rate (2013-2018)
9.6 South Africa HVDC Converter Stations Sales and Growth Rate (2013-2018)
10 Global HVDC Converter Stations Market Segment by Type
10.1 Global HVDC Converter Stations Sales, Revenue and Market Share by Type (2013-2018)
10.1.1 Global HVDC Converter Stations Sales and Market Share by Type (2013-2018)
10.1.2 Global HVDC Converter Stations Revenue and Market Share by Type (2013-2018)
10.2 Monopolar Sales Growth and Price
10.2.1 Global Monopolar Sales Growth (2013-2018)
10.2.2 Global Monopolar Price (2013-2018)
10.3 Bi-Polar Sales Growth and Price
10.3.1 Global Bi-Polar Sales Growth (2013-2018)
10.3.2 Global Bi-Polar Price (2013-2018)
10.4 Back to Back Sales Growth and Price
10.4.1 Global Back to Back Sales Growth (2013-2018)
10.4.2 Global Back to Back Price (2013-2018)
10.5 Multi-Terminal Sales Growth and Price
10.5.1 Global Multi-Terminal Sales Growth (2013-2018)
10.5.2 Global Multi-Terminal Price (2013-2018)
11 Global HVDC Converter Stations Market Segment by Application
11.1 Global HVDC Converter Stations Sales Market Share by Application (2013-2018)
11.2 Power Industry Sales Growth (2013-2018)
11.3 Powering Island and Remote Loads Sales Growth (2013-2018)
11.4 Interconnecting Networks Sales Growth (2013-2018)
11.5 Oil & Gas Sales Growth (2013-2018)
11.6 Others Sales Growth (2013-2018)
12 HVDC Converter Stations Market Forecast (2018-2023)
12.1 Global HVDC Converter Stations Sales, Revenue and Growth Rate (2018-2023)
12.2 HVDC Converter Stations Market Forecast by Regions (2018-2023)
12.2.1 North America HVDC Converter Stations Market Forecast (2018-2023)
12.2.2 Europe HVDC Converter Stations Market Forecast (2018-2023)
12.2.3 Asia-Pacific HVDC Converter Stations Market Forecast (2018-2023)
12.2.4 South America HVDC Converter Stations Market Forecast (2018-2023)
12.2.5 Middle East and Africa HVDC Converter Stations Market Forecast (2018-2023)
12.3 HVDC Converter Stations Market Forecast by Type (2018-2023)
12.3.1 Global HVDC Converter Stations Sales Forecast by Type (2018-2023)
12.3.2 Global HVDC Converter Stations Market Share Forecast by Type (2018-2023)
12.4 HVDC Converter Stations Market Forecast by Application (2018-2023)
12.4.1 Global HVDC Converter Stations Sales Forecast by Application (2018-2023)
12.4.2 Global HVDC Converter Stations Market Share Forecast by Application (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.1.3 Marketing Channel Future Trend
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
List of Tables and Figures
Figure HVDC Converter Stations Picture
Table Product Specifications of HVDC Converter Stations
Figure Global Sales Market Share of HVDC Converter Stations by Types in 2017<
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