This service provides a thorough analysis of the global HVDC market, which is divided into two primary technologies based on the switching elements: Voltage Source Controlled (VSC) and Line Current Commutated (LCC).
The service includes both qualitative and quantitative analysis of the global HVDC market analysis including the following components:
Global HVDC Capacity Database:
Database-style service that offers statistics on the annual market size in terms of capacity addition in MW from 2023 - 2030 segmented into LCC and VSC.
Global HVDC Project-Specific Database:
A database-style service including the information on the installed base and pipeline projects segmented into LCC and VSC across North America, South America, Europe, the Middle East & Africa, and APAC (including China). The project-specific data provides information on over 350 HVDC deployments worldwide.
Global HVDC Market Report:
The detailed report on the global HVDC market analysis provides key insights and happenings in regional markets, such as the Americas (North America, South America), Europe, Middle East & Africa (EMEA), and APAC (including China).
Executive Summary:
PTR's "Global HVDC Market" report highlights the established status of HVDC technology, anticipating increased global traction aligning with clean energy transition goals. China and EMEA are projected as significant HVDC-LCC and HVDC-VSC demand hubs (2023-2026) driven by carbon neutrality targets. In Europe, transcontinental interconnections and cross-border links with Africa for solar power utilization fuel the HVDC-LCC market. APAC is expected to adopt HVDC-LCC for nationwide and cross-border power trading. Due to economic growth, the need for long-distance HVDC-LCC has risen in China and the US. HVDC-VSC demand globally stems from offshore wind integration and power trading facilitation, especially in Europe's Baltic and North Sea. Hitachi Energy dominates the HVDC converter markets, while Nexans, Prysmian, and NKT lead the HVDC cables industry. Growing HVDC projects worldwide create opportunities for cable suppliers like Sumitomo and LS Cables.
Geographical Scope:
1. Asia-Pacific (APAC)
a. Australia
b. Bangladesh
c. China
d. India
e. Indonesia
f. Japan
g. Malaysia
h. New Zealand
i. Pakistan
j. Philippines
k. Singapore
l. South Korea
m. Thailand
n. Vietnam
o. Tajikistan
p. Rest of APAC
2. Europe
a. Austria
b. Belgium
c. Estonia
d. UK
e. Germany
f. Denmark
g. Italy
h. Sweden
i. Spain
j. Scotland
k. Norway
l. Finland
m. France
n. Greece
o. Netherlands
p. Ireland
q. Italy
r. Iceland
s. Russia
t. Lithuania
u. Rest of Europe
3. Middle East and Africa (MEA)
a. Egypt
b. Saudi Arabia
c. Rest of MEA
4. North America (NAM)
a. Canada
b. USA
c. Mexico
5. South America (SAM)
a. Argentina
b. Brazil
c. Chile
d. Colombia
e. Paraguay
f. Peru
g. Uruguay
Reasons to Purchase:
The service offers a comprehensive overview of the HVDC (both LCC and VSC) market at a global level. It includes a demand forecast for HVDC converters demand and provides key insights into the market trends. Plus, the market shares of the key HVDC converter OEMs in the region are included to capture market competition. The service aims to help executives and decision-makers of HVDC converter OEMs make strategic investments in the global HVDC market.
Who Should Buy:
This service provides insights into the demand outlook for HVDC converters, which are crucial for converter OEMs, power electronic manufacturers, and cable suppliers.
The targeted audience includes:
1. Director of Marketing
2. Head of Marketing
3. VP of Marketing
4. Strategic Marketing Director
5. Head of Strategic Marketing
6. Head of Market Intelligence
7. Manager Business Intelligence
8. Strategy Development
9. Director, Strategy Development
10. Commercial Analyst
11. Market Analyst
12. Marketing Analyst
13. Head of Sales
14. Director of Sales
15. Sales Manager
16. Marketing Manager
Research Methodology:
The information presented in the market size and forecast are determined using a model approach that considers crucial driving factors. The information in the report and datasets is gathered from authentic online sources used for secondary research. The forecast has been verified through interviews with industry professionals conducted as part of primary research.
Table of Contents
HVDC Global Market Analysis-Database:
1. Global HVDC Capacity Database:
Technology (VSC or LCC)
Region
Market Size Timeline
a. 2022
b. 2023
c. 2024
d. 2025
e. 2026
f. 2027
g. 2028
2. Global HVDC Project-Specific Database:
Project Name
Onshore/Offshore
Network Connection
Country 1
Country 2
Country 3
Geographical Distribution
Region
Commissioning Year
Converter Manufacturer
Utilities/Owner
Capacity (MW)
DC Voltage (kV)
AC voltage station 1 (KV)
AC voltage station 2 (KV)
AC voltage station 3 (KV)
AC voltage station 4 (KV)
AC voltage station 5 (KV)
Frequency station 1 (Hz)
Frequency station 2 (Hz)
Switching Element
Terminal Type
Terminal 1
Terminal 2
Terminal 3
Terminal 4
Terminal 5
Subsea cable length (km)
Underground cable (km)
Overhead line (km)
HVDC Global Market Analysis-Report:
1. Executive Summary
i. Qualitative Analysis
ii. Quantitative Analysis
2. Overview
i. Technology Covered (Definitions of the Technology)
ii. Scope of the Report
3. Global HVDC Market Outlook
i. LCC (Line Commutated Converter) Global Annual Market
ii. VSC (Voltage Source Converter) Global Annual Market
4. LCC Market Analysis
i. LCC Regional Market Size and Market Analysis
a. Europe
b. Americas (North America & South America)
c. Middle East and Africa
d. Asia-Pacific
5. VSC Market Analysis
i. VSC Regional Market Size and Market Analysis
a. Europe
b. Americas (North America & South America)
c. Middle East and Africa
d. Asia-Pacific
6. Company Profile
i. Introduction
ii. Recent Developments
iii. Product Portfolio
7. Competitive Analysis
i. Market Shares (2019-2023)
a. Regional Market Shares of LCC
b. Regional Market Shares of VSC
List of tables and figures
HVDC Global Market Analysis-Report:
Global LCC Annual Market - Capacity Additions
Global VSC Annual Market - Capacity Additions
LCC Regional Market Size for North America - Capacity Additions
LCC Regional Market Size for South America - Capacity Additions
LCC Regional Market Size for EMEA - Capacity Additions
LCC Regional Market Size for APAC - Capacity Additions
VSC Regional Market Size for North America - Capacity Additions
VSC Regional Market Size for South America - Capacity Additions
VSC Regional Market Size for EMEA - Capacity Additions
VSC Regional Market Size for MEA - Capacity Additions
VSC Regional Market Size for APAC - Capacity Additions