HVDC Transmission Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The Global HVDC Transmission Market size is expected to grow at an annual average of 5.93% during 2021-2027. High voltage direct current transmission (HDVC) is a large amount of power transmission over long distances. The system is also connected through the power grid in a specific area, eliminating problems related to electricity loss as well. HDVC is inexpensive and is the most efficient solution for transferring power generated by solar and wind farms over long distances. It uses voltages between 100kV and 800kV and keeps each grid economical.

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A full report of Global HVDC Transmission Market is available at: https://www.orionmarketreports.com/hvdc-transmission-market/11620/ 

The following Segmentation are covered in this report:

By Component:

  • Converter Stations
  • Transmission Cables
  • Others

By Technology:

  • Capacitor Commutated Converter (CCC) based
  • Voltage Source Converter (VSC) based
  • Line Commutated Converter (LCC) based

By Project Type:

  • Point-to-Point
  • Back-to-Back
  • Multi-terminal

By Application:

  • Bulk Power Transmission
  • Interconnecting Grids
  • Infeed Urban Areas

The report covers the following objectives:

  • Proliferation and maturation of trade in the global HVDC Transmission Market.
  • The market share of the global HVDC Transmission Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
  • Current and future market trends that are influencing the growth opportunities and growth rate of the global HVDC Transmission Market.
  • Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global HVDC Transmission Market.

(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)