한글목차

세계 전압형 변환기 시장의 미래는 유망하며, 해저 케이블, 지하 케이블, 재생에너지, 산업 시장에서 기회가 있을 것으로 보입니다. 세계 전압 변환기 시장은 2025년부터 2031년까지 6.9%의 연평균 성장률을 보일 것으로 예상됩니다. 이 시장의 주요 촉진요인은 교통의 전기화 증가, 전력 품질 개선에 대한 수요 증가, 스마트 그리드에 대한 관심 증가 등입니다.

• Lucintel의 예측에 따르면, 유형별로는 삼상식이 보다 효율적으로 전력을 전송할 수 있기 때문에 예측 기간 동안 높은 성장이 예상됩니다.
• 용도별로는 효율적인 전력 분배에 대한 수요 증가로 인해 지하 케이블이 가장 높은 성장세를 보일 것으로 예상됩니다.
• 지역별로는 아시아태평양이 재생에너지 도입 증가로 인해 예측 기간 동안 가장 높은 성장세를 보일 것으로 예상됩니다.

전압형 변환기 시장의 새로운 동향

에너지 환경은 전압형 변환기(VSC) 시장을 크게 변화시키고 있는 새롭고 신선한 트렌드와 함께 진화하고 있습니다. 보다 효율적이고 지속가능하며 유연한 전력 솔루션을 추구하면서 시장은 VSC 기술의 혁신과 발전을 촉진하는 몇 가지 중요한 트렌드를 채택하고 있습니다. 여기서는 VSC 시장을 더 나은 방향으로 변화시킬 것으로 예상되는 5가지 새로운 트렌드에 대해 설명합니다.

• HVDC 시스템 도입 : 손실을 최소화한 장거리 송전으로 인해 고전압직류송전(HVDC) 시스템의 인기가 높아지고 있습니다. 전압 변환기의 통합으로 보다 효율적인 에너지 전송이 가능하기 때문에 현재 VSC 기술의 중요한 부분이 되고 있으며, VSC 기술은 재생에너지 원을 본토 전력망에 연결하여 안정적인 전력 공급을 보장하는 데 사용되기 때문에 이러한 추세는 해상 풍력발전소에서는 특히 중요합니다. 특히 중요합니다.
• 다른 재생에너지의 추가 : 풍력 및 태양광 에너지의 국내 전력망 통합은 VSC 기술에 대한 수요 증가의 가장 큰 이유이며, VSC는 유연한 교류 송전 시스템(FACTS)과 함께 재생에너지의 간헐적 특성을 관리하고 전력망 변동성을 안정화시키는 데 도움이 됩니다. 도움을 줍니다. 이는 재생에너지가 증가하고 있는 유럽, 미국, 아시아 지역에서 매우 잘 관찰됩니다.
• 반도체 기술의 발전 : 탄화규소와 같은 새로운 반도체 재료의 도입으로 전압형 변환기(VSC)의 성능이 향상될 것으로 예상됩니다. 이러한 개선은 VSC의 고효율화, 대형화 억제, 전력 용량의 증가를 가져옵니다. 반도체 기술의 발전에 따라 산업용 및 주거용의 비용 효율적이고 효율적인 VSC에 대한 기대가 커지고 있으며, 시장 가치는 비약적으로 증가할 것으로 예상됩니다.
• 스마트 그리드 개발 : 전압형 변환기는 에너지 공급과 수요의 균형을 실시간으로 정확하게 제어하고 균형을 맞추는 기능을 가진 스마트 기기이며, 에너지 자원을 보다 고도로 제어할 수 있습니다. 스마트 그리드의 발전은 에너지 관리 서비스에 완전히 통합된 스마트 에너지 VSC의 적용을 통해 더 우수하고 효율적이며 지속가능한 전력 시스템을 향한 수단입니다.
• 에너지 저장 시스템의 통합 : VSC 컨버터는 배터리와 같은 다수의 저장 장치를 전력 계통에 연결하는 데 필수적이기 때문에 에너지 저장 시스템의 보급이 VSC 시장의 성장을 뒷받침하고 있습니다. 워싱턴 주립대 변환 및 저장 연구 센터는 변환 및 저장 프로세스에 VSC 기술을 사용하고 있습니다. 재생에너지는 거의 발전하지 않기 때문에 잉여 에너지는 향후 사용을 위해 저장됩니다. 에너지 저장 시스템을 갖춘 VSC는 오프그리드 및 하이브리드 시스템에서 에너지를 효율적으로 사용할 수 있습니다.

HVDC 시스템 통합, 풍력 및 태양광과 같은 재생에너지의 통합, 반도체 소자의 개선, 스마트 그리드 기술, 에너지 저장장치의 통합, 스마트 그리드 기술, 에너지 저장장치의 통합 등이 VSC 시장을 지속가능한 성장과 변화의 속도로 이끌고 있습니다. 속도를 높이고 있습니다.

전압형 변환기 시장의 최근 동향

전압형 변환기에 관한 많은 새로운 사건들이 변화와 혁신이라는 새로운 성장의 전망을 열어주고 있습니다. 이러한 사건들은 활발한 현대화, 에너지 절약에 대한 욕구, 강력하고 신뢰할 수 있는 송전에 대한 새로운 요구에서 비롯되었다고 할 수 있습니다. 이 장에서는 VSC 시장의 5가지 주요 사건에 대해 업계의 변화와 함께 논의할 것입니다.

• VSC 시스템의 효율성 향상 : VSC 기술의 발전으로 최신 컨버터는 전력 변환 과정에서 에너지 손실 감소로 인해 효율이 향상되었습니다. 이는 VSC 시스템의 비용 경쟁력을 강화하여 재생에너지 프로젝트에 보다 효과적으로 통합할 수 있도록 하며, 송전망의 전반적인 효율을 향상시킵니다.
• 풍력 해상 송전 확대 : 해상 풍력발전 프로젝트에서 풍력발전소를 본토 송전망에 연결하기 위해 VSC를 도입하고 있습니다. 이러한 시스템은 장거리 송전 및 변동성이 큰 재생에너지 발전의 문제를 극복하는 데 매우 중요하며, VSC는 효과적인 에너지 전송을 촉진합니다. 이를 통해 해상 풍력발전은 보다 실행 가능하고 지속가능한 에너지원이 될 수 있습니다.
• 다단자 HVDC 시스템의 고도화 : 시장에서는 여러 단자를 시스템에 연결하기 위해 여러 곳에서 전압형 변환기를 사용하는 다단자 HVDC 시스템의 새로운 추세를 볼 수 있습니다. 이 시스템은 광역 송전을 개선하고 다양한 재생에너지 원을 더욱 통합하는 역할을 합니다. 다중 단자 시스템 개발의 중요한 이정표는 송전망의 유연성과 안정성을 향상시키는 VSC의 등장입니다.
• 스마트 그리드 기술에 대한 투자 증가 : 스마트 그리드 기술은 에너지 산업 전반의 투자를 촉진하고 있으며, 전압형 변환기(VSC)의 도입이 대표적인 사례로, VSC는 스마트 그리드에 에너지 흐름을 실시간으로 모니터링하고 관리하는 데 필요한 유연성과 안정성을 제공합니다. 이 기술은 전 세계 인프라를 현대화하고 전 세계 에너지 자원을 최적화하는 데 도움을 주고 있습니다.
• VSC의 산업 분야 적용 확대 : VSC 기술은 모터 드라이브, 산업용 전원 공급 장치 및 기본 자동화 시스템에 대한 수요 증가로 인해 산업 분야에서도 견인력을 얻고 있습니다. 이러한 시스템에서 VSC가 사용되는 것이 석유 및 가스, 제조 및 운송 산업에서 VSC 수요가 급증하는 주요 이유입니다.

전압형 변환기(VSC)는 다단자 HVDC 시스템, 스마트 그리드 기술, 해상 풍력발전의 발전과 함께 현대 에너지 시스템에 통합되고 있습니다.

목차

제1장 주요 요약

제2장 세계의 전압형 변환기 시장 : 시장 역학

• 소개, 배경, 분류
• 공급망
• 업계 성장 촉진요인과 과제

제3장 시장 동향과 예측 분석(2019-2031년)

• 거시경제 동향(2019-2024년)과 예측(2025-2031년)
• 세계의 전압형 변환기 시장 동향(2019-2024년)과 예측(2025-2031년)
• 세계의 전압형 변환기 시장 : 종류별
  • 단상식
  • 삼상식
• 세계의 전압형 변환기 시장 : 용도별
  • 해저 케이블
  • 지하 케이블
  • 재생에너지, 산업
  • 기타

제4장 2019년부터 2031년까지 지역별 시장 동향과 예측 분석

• 지역별 세계 전압형 변환기 시장
• 북미의 전압형 변환기 시장
• 유럽의 전압형 변환기 시장
• 아시아태평양 전압형 변환기 시장
• 기타 지역 전압형 변환기 시장

제5장 경쟁 분석

• 제품 포트폴리오 분석
• 운영 통합
• Porter's Five Forces 분석
• 시장 점유율 분석

제6장 성장 기회와 전략 분석

• 성장 기회 분석
  • 세계의 전압형 변환기 시장의 유형별 성장 기회
  • 용도별 세계 전압형 변환기 시장 성장 기회
  • 지역별 세계 전압형 변환기 시장 성장 기회
• 세계의 전압형 변환기 시장의 최신 동향
• 전략 분석
  • 신제품 개발
  • 세계의 전압형 변환기 시장 능력 확대
  • 세계의 전압형 변환기 시장 합병, 인수, 합작투자
  • 인증과 라이선싱

제7장 주요 기업 개요

• ABB
• GE Grid Solutions
• Wartsila
• Orano
• Siemens
• Bharat Heavy Electricals
• Hitachi

영문목차

The future of the global voltage source converter market looks promising with opportunities in the submarine cable, underground cable, renewable energy, and industrial markets. The global voltage source converter market is expected to grow with a CAGR of 6.9% from 2025 to 2031. The major drivers for this market are increase in electrification of transportation, rising need for power quality improvement, and growing focus on smart grids.

• Lucintel forecasts that, within the type category, three phase is expected to witness higher growth over the forecast period due to its capacity to transmit power more effectively.
• Within the application category, underground cable is expected to witness the highest growth due to rising demand for efficient power distribution.
• In terms of region, APAC is expected to witness the highest growth over the forecast period due to increasing renewable energy adoption in this region.

Emerging Trends in the Voltage Source Converter Market

The landscape of energy is evolving with new and fresh trends that are remarkably changing the voltage source converter (VSC) market. Along with the quest for more efficient, sustainable and flexible power solutions, the market is adopting some significant trends that will drive innovation and progress in VSC technology. This section describes five emerging trends that are expected to transform the VSC market for the better.

• Implementation of HVDC Systems: With long distance power transmission with minimal loss, High Voltage Direct Current (HVDC) systems are gaining popularity. They are now becoming an important part of VSC technology as the integration of voltage source converters facilitates more efficient energy transmission. This trend is particularly important in offshore wind farms since VSC technology is used for connecting renewable energy sources to the mainland grid and ensures stable power delivery.
• Addition of other Renewable Sources of Energy: The wind and solar energy integration into the national grids is the foremost reason for demand increase for VSC technology. VSCs along with flexible AC transmission systems (FACTS) help in managing the intermittent nature of renewable energy provide and also stabilize grid fluctuations. This is highly observed in European, American and Asian regions where renewable energy is on the rise.
• Advancements in Semiconductor Technology: The introduction of new semiconductor materials such as silicon carbide is expected to improve the performance of voltage source converters (VSCs). These improvements will result in higher efficiency, decreased enlargement, and increased power capacity of VSCs. With the advancements in semiconductor technologies, there are great expectations for cost effective and efficient VSCs for industrial and residential use, which will exponentially increase the market value.
• Development of Smart Grids: The adoption of grid technologies is furthering the deployment of Smart VSCs for the modernization of legacy power infrastructure. voltage source converters are smart devices that have the capability to control and balance the supply of energy and demand to precise real-time levels, allowing greater control of energy resources. The advancement of smart grids is a vehicle towards better, more efficient, and sustainable power systems with the application of smart energy VSCs fully integrated into energy management services.
• Integration of Energy Storage Systems: The growing popularity of energy storage systems is supporting the growth of the VSCs market, as these converters are critical for connecting a number of energy storage units, like batteries, to the power system. Washington State University Conversion and Storage Research Center uses VSC technology for the converting and storing processes. Renewables seldom produce electricity; therefore, excess energy is stored for future use. VSCs with energy storage systems enables better utilization of energy in off grid and hybrid systems.

These emerging trends are developing faster with innovation, efficiency, and sustainability in VSCs markets. Integration of HVDC systems, integration of renewable energy sources like wind and solar, improvement in semiconductor devices, smart grid technology, and energy storage integration have all put the VSC market into the pace of sustainable growth and transformation.

Recent Developments in the Voltage Source Converter Market

A number of new events on the voltage source converter open new growth prospects of change and innovation. It is possible to say that these events came from vigorous modernizations, the desire to be more energy conserving, as well as the new requirements for intense and reliable power transmission. In this chapter, five main events in the VSC market are discussed with industry transformations.

• Enhanced Efficiency of VSC Systems: The evolution of VSC technology has provided modern converters with improved efficiency that comes from reduced energy losses in the power conversion process. This enhances the cost competitiveness of VSC systems which can now be more effectively incorporated into renewable energy projects while simultaneously improving the overall efficiency of the power grid.
• Expansion of Wind Offshore Power Transmission: VSCs are increasingly being deployed in offshore wind power projects to connect wind farms to the mainland grid. These systems are crucial in overcoming the challenges of long-distance power transmission and variable renewable energy generation, and VSCs facilitate effective energy transfer. This makes offshore wind power a more viable and sustainable energy source.
• Advanced development of multi-Terminal HVDC systems: There is an emerging trend in the market for multi-terminal HVDC systems, which use voltage source converters at multiple locations, to connect a number of terminals to the system. The systems serve to better transfer power over wide areas and to further integrate various renewable energy sources. An important milestone in the development of multi-terminal systems is the emergence of the VSC, which increases flexibility and stability of the grid.
• Increased Investment in Smart Grid Technology: Smart grid technology has spurred investment throughout the energy industry, and the deployment of voltage source converters, or VSCs, is a prime example. VSCs provide smart grids with the flexibility and stability needed to monitor and manage energy flows in real time. This technology is helping to modernize global infrastructure and optimize energy resources throughout the world.
• Expansion of VSC Applications in Industry: VSC technology is also gaining traction in the industrial sector due to increased demand for motor drives, industrial power supplies, and rudimentary automation systems. The use of VSCs in these systems is the primary reason why the demand for VSCs in the oil, gas, and manufacturing transportation industries is booming.

These shifts in the VSC market are bound to increase the efficiency of power transmission technology. voltage source converters, or VSCs, are becoming more integrated into modern energy systems with advancements in multi-terminal HVDC systems, smart grid technology, and offshore wind power.

Strategic Growth Opportunities in the Voltage Source Converter Market

The market of voltage source converter has several strategic growth possibilities in different markets. With changing technology, the need for integrating renewable energy, and an increase in the need for adaptable power systems brings growth possibilities in different sectors. In this portion of the report, five principal opportunities by application in the VSC market have been identified.

• Integration of Renewable Energy: The growth of solar and wind power renewable sources is creating an opportunity for VSC technology. VSCs play an important role in integrating renewable energy into the grid by providing flexible energy supply and stabilizing the fluctuations.
• Offshore Wind Power: Offshore wind farms are emerging as another principal application of VSCs. VSCs are enabling the long distance connection of offshore wind farms via undersea cables to onshore grids. With the increasing attention of governments towards offshore wind projects, there is expected to be an increase in the need for VSCs.
• Smart Grid Applications: Operating efficiencies of adjusted smart grids contributes to rising demand for the VSCs while simultaneously investing in smart grid infrastructure. The flexibility of the grid, real-time monitoring, and the utilization of renewable energy sources are some of the attributes VSCs help improve. The expansion of smart grids offers multitude opportunities for growth in VSC technology.
• Industrial Power Systems: In the case of VSCs, emerging markets are found in the industrial sector, particularly in the broad fields of motor drives, automation, and energy efficient power supply. As industry puts more emphasis on energy efficiency and automation, it is likely that industrial power systems will also adopt VSC technology.
• Energy Storage Systems: Integration of energy storage systems, such as batteries and flywheels, directly correlate with the increasing demand for VSCs. These converters integrate energy storage systems to the electrical grid while providing effective energy conversion and storage making them the backbone of every storage system. The increase in energy storage provides great possibilities for VSC technology.

In addition to the formidable opportunities brought by the integration of renewables, offshore wind power, and smart grids, these including the versatile Voltage Source Convertor market outline a powerful frame for its expansion. Such opportunities promise an unprecedented rate of growth for manufacturers innovating and expanding the market for this essential power conversion technology.

Voltage Source Converter Market Driver and Challenges

The market for voltage source converters is impacted by a host of drivers and challenges that affect its growth and development. Important factors include technology developments, growing need for power solutions, and government aid in renewable energy projects. As much as this is true, there are barriers to growth that stem from excessive capital expenditures, competition from other technologies, and other regulations. This part analyzes the primary aspects and issues affecting the VSC market.

The factors responsible for driving the voltage source converter market include:

1. Business Expansion: The constant development of VSCs technology, for example, the evolution of power semiconductor devices, materials, and system integration, sustains the voltage source converter market. VSCs performance, loss ratios and size capabilities have improved which has made them more economical and flexible.

2. Adoption of Renewable Energy: The drive for cleaner energy throughout the world is a major attorney for VSCs. The move by governments and organizations to reduce CO2 emissions increases the need of VSCs. These factors in turn, will help increase the use of VSCs for integrating renewable sources of energy like solar and wind.

3. Sustainability Efforts: Power conversion technologies, such as VSCs, are in higher demand due to increased focus on sustainability and energy efficiency. VSCs are a necessity to modern power systems due to their contribution in reduced energy losses and enhanced grid disturbance control.

4. Modernization of Grids: Investment into power grid modernization is increasingly common worldwide to integrate renewable energy sources and improve system reliability. These initiatives cannot succeed without the VSC technology that allows efficient and stable interregional power flow.

5. Supporting Policies: The use of VSC technology is encouraged by supporting policies, which set targets for renewable energy projects, carbon reductions, and grid modernization. Such policies create a favorable environment for investment into VSCs and HVDC systems for the markets.

Challenges in the voltage source converter market are:

1. Initial Investment: The initial capital investment to implement VSC technology is one of the daunting challenges in this market. While the technology may be economical in the long run, the spending needed to develop the infrastructure in the short term may hinder some projects from taking off.

2. Problem with System Integration: Melding VSC systems with existing power networks can be difficult in terms of project scope and planning. Any issues related to integration, dependability, and efficiency must be resolved to make the project work.

3. Lack of Uniformity in Law and Regulation: Differences in laws and regulations between different territories could stall the implementation of VSC technology on a global scale. Such differences in regions tend to have diverse technical conditions, operating manuals for the network, and requirements for testing that can be unfavorable to many different investors and manufacturers.

Technology development, renewable sources of energy, and grid modernization are the most important drivers of the VSC market, meanwhile, obstacles related to capital expenditure, project integration, and law must be solved for VSC sustainable growth. Addressing these obstacles would allow harnessing the complete opportunities that the VSC market has to offer.

List of Voltage Source Converter Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies voltage source converter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the voltage source converter companies profiled in this report include-

• ABB
• GE Grid Solutions
• Wartsila
• Orano
• Siemens
• Bharat Heavy Electricals
• Hitachi

Voltage Source Converter Market by Segment

The study includes a forecast for the global voltage source converter market by type, application, and region.

Voltage Source Converter Market by Type [Value from 2019 to 2031]:

• Single Phase
• Three Phase

Voltage Source Converter Market by Application [Value from 2019 to 2031]:

• Submarine Cable
• Underground Cable
• Renewable Energy
• Industrial
• Others

Voltage Source Converter Market by Region [Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Voltage Source Converter Market

The voltage source converter market has been growing substantially over the last few years, primarily due to the increase in demand for power conversion solutions in multiple industries. VSC technology is dominant in regions like renewable energy integration, grid management, and for industrial purposes, especially in High Voltage Direct Current (HVDC) transmission systems. Other regions like the United States, China, Germany, India and Japan are further increasing developments in working towards establishing more powerful infrastructure and reaching more sustainability objectives. This scrutiny looks into the most recent developments of the VSC market in these countries.

• United States: The VSC market in the United States is growing at a vigorous rate as a result of rising investment in renewable energy and adoption of a new power grid. With VSC technology being integrated into HVDC transmission systems, the delivery of power over large distances has become more reliable and efficient, in particular, the use of offshore wind farms. Development of the energy infrastructure by the government has been aided by other policies supporting infrastructure development such as the Clean Energy Standard which in turn helps the adoption of VSC's. In addition, other factors like new developments in power electronics and semiconductor technologies are aiding the VSC market.
• China: China is a world frontrunner in implementing voltage source converter technology, having invested heavily in the HVDC systems for long-distance transmission of power. China's ambitious goal of harnessing renewable energy from wind and solar resources is also calling for the use of VSCs to integrate renewables into the national grid system. In addition, the Belt and Road Initiative (BRI) is enabling VSC technology to be deployed in other countries, thus enabling China to bolster its energy infrastructure. Other domestic producers are also developing innovations in the VSC technology to improve efficiency and lower prices for the local and foreign markets.
• Germany: Germany is focusing on the integration of renewable energy and the VSC market is already making an impact on the country's energy transition. With the integration of VSCs in HVDC transmission systems, Germany has been able to connect offshore wind farms to the mainland grid with great ease. VSC technology is crucial in Germany's overarching goal of achieving greater flexibility and security in the power transmission system, particularly with the increasing contribution of non-constant renewable energy resources. Furthermore, German firms are working on improving the VSC technology to make it more efficient and lessen the transmission losses, thus creating a stable grid system, which is essential for the energy transition of the country.
• India: India has made great progress in the integration of renewable energy sources into its national grid. The VSC market is growing tremendously. India is focusing strongly on deploying solar and wind power, and VSCs are being installed in HVDC transmission systems to help manage the increasing load and power delivery over vast distances. Government policies such the National Action Plan on Climate Change have been supportive of modern energy infrastructure, which includes VSC technology, and aids in its adoption. Besides, India's growing industrial sector is a key market for VSC solutions as the efficient conversion of electrical energy to mechanical energy is paramount for manufacturing processes.
• Japan: Japan is already making steps towards change with the development of the voltage source converter market as part of wider efforts towards improved energy efficiency and grid stability. The focus on renewable energy, chiefly offshore wind and solar power, is leading to increased adoption of VSCs for HVDC systems. Japan is also striding forward in smart grid technology with automation capabilities for real-time supply/demand balancing made possible by VSCs. Japan's target of carbon neutrality by 2050 is driving the adoption of VSC technology for clean energy integration, thus investment is increasing. Furthermore, VSC manufacturers in Japan are active in developing new products that have higher capacity and more efficiency.

Features of the Global Voltage Source Converter Market

Market Size Estimates: Voltage source converter market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Voltage source converter market size by type, application, and region in terms of value ($B).

Regional Analysis: Voltage source converter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the voltage source converter market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the voltage source converter market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the voltage source converter market by type (single phase and three phase), application (submarine cable, underground cable, renewable energy, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Voltage Source Converter Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Voltage Source Converter Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Voltage Source Converter Market by Type
  • 3.3.1: Single Phase
  • 3.3.2: Three Phase
• 3.4: Global Voltage Source Converter Market by Application
  • 3.4.1: Submarine Cable
  • 3.4.2: Underground Cable
  • 3.4.3: Renewable Energy Industrial
  • 3.4.4: Others

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Voltage Source Converter Market by Region
• 4.2: North American Voltage Source Converter Market
  • 4.2.1: North American Market by Type: Single Phase and Three Phase
  • 4.2.2: North American Market by Application: Submarine Cable, Underground Cable, Renewable Energy Industrial, and Others
  • 4.2.3: The United States Voltage Source Converter Market
  • 4.2.4: Canadian Voltage Source Converter Market
  • 4.2.5: Mexican Voltage Source Converter Market
• 4.3: European Voltage Source Converter Market
  • 4.3.1: European Market by Type: Single Phase and Three Phase
  • 4.3.2: European Market by Application: Submarine Cable, Underground Cable, Renewable Energy Industrial, and Others
  • 4.3.3: German Voltage Source Converter Market
  • 4.3.4: French Voltage Source Converter Market
  • 4.3.5: The United Kingdom Voltage Source Converter Market
• 4.4: APAC Voltage Source Converter Market
  • 4.4.1: APAC Market by Type: Single Phase and Three Phase
  • 4.4.2: APAC Market by Application: Submarine Cable, Underground Cable, Renewable Energy Industrial, and Others
  • 4.4.3: Chinese Voltage Source Converter Market
  • 4.4.4: Japanese Voltage Source Converter Market
  • 4.4.5: Indian Voltage Source Converter Market
  • 4.4.6: South Korean Voltage Source Converter Market
  • 4.4.7: Taiwan Voltage Source Converter Market
• 4.5: ROW Voltage Source Converter Market
  • 4.5.1: ROW Market by Type: Single Phase and Three Phase
  • 4.5.2: ROW Market by Application: Submarine Cable, Underground Cable, Renewable Energy Industrial, and Others
  • 4.5.3: Brazilian Voltage Source Converter Market
  • 4.5.4: Argentine Voltage Source Converter Market

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis
• 5.4: Market Share Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Voltage Source Converter Market by Type
  • 6.1.2: Growth Opportunities for the Global Voltage Source Converter Market by Application
  • 6.1.3: Growth Opportunities for the Global Voltage Source Converter Market by Region
• 6.2: Emerging Trends in the Global Voltage Source Converter Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Voltage Source Converter Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Voltage Source Converter Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: ABB
• 7.2: GE Grid Solutions
• 7.3: Wartsila
• 7.4: Orano
• 7.5: Siemens
• 7.6: Bharat Heavy Electricals
• 7.7: Hitachi