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Published Date: 2025-04-03 | Pages: 100 | Tables: 93 | Energy & Power
The global HVDC Transmission System market size was US$ 10170 million in 2024 and is forecast to a readjusted size of US$ 16010 million by 2031 with a CAGR of 6.8% during the forecast period 2025-2031.
HVDC Transmission System uses direct current for the bulk transmission of electrical power, in contrast with the more common alternating current (AC) systems. For long-distance transmission, HVDC systems may be less expensive and suffer lower electrical losses. For underwater power cables, HVDC avoids the heavy currents required to charge and discharge the cable capacitance each cycle. For shorter distances, the higher cost of DC conversion equipment compared to an AC system may still be justified, due to other benefits of direct current links. HVDC allows power transmission between unsynchronized AC transmission systems. Since the power flow through an HVDC link can be controlled independently of the phase angle between source and load, it can stabilize a network against disturbances due to rapid changes in power. HVDC also allows transfer of power between grid systems running at different frequencies, such as 50 Hz and 60 Hz. This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.
The competition among vendors will increase during the forecast period. Vendors will compete to deliver competitive advantages in the market on the basis of pricing, user-friendly interfaces, value-added benefits, and service portfolios. During the forecast period, we expect this competition to intensify with an increase in product extensions.
Technological innovations have an important role in driving the growth of the market. To sustain in the competitive market, vendors should develop new ideas and technologies and stay up-to-date with the advanced technologies.
The HVDC transmission market in APAC is presently witnessing an exponential growth in terms of power consumption. The development of power infrastructure in this region offers many growth opportunities for market players. China is investing heavily in renewable energy and implementing latest UHVDC technology for power transmission.
The interconnection of HVDC and therefore the AC grid has toughened the reliability and capacity of power grids. Growing electricity consumption is one of the first factors driving the worldwide HVDC Transmission Market.
Electricity transmission through such lines leads to much lower transmission losses owing to high voltage during transmission and therefore the nature of direct current, and hence the adoption of high voltage direct current (HVDC) transmission is increasing significantly. The need for lesser space for the towers carrying HVDC transmission lines is additionally one of the key factors driving the global HVDC Transmission Market.
Increase in installation of offshore wind power generation projects is anticipated to drive the HVDC transmission systems market. Large amount of power generation is feasible through offshore wind energy; therefore, the generated energy can be distributed to locations with high demand for electricity.
The global HVDC Transmission System market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on revenue and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
ABB
Siemens
XD
NR Electric
GE Grid Solution
NKT
TBEA
XJ Group Corporation
Hitachi ABB Power Grids
Nexans
Toshiba
Mitsubishi Electric
Abengoa
Prysmian Group
China XD Group
By Type: (Dominant Segment vs High-Margin Innovation)
Below 400 kV
Between 400-800 kV
Above 800 kV
By Application: (Core Demand Driver vs Emerging Opportunity)
Overhead Transmission
Underground Transmission
Subsea Transmission
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., ABB in Europe)
- Emerging Product Trends: Below 400 kV adoption vs. Between 400-800 kV premiumization
- Demand-Side Dynamics: Overhead Transmission growth in China vs. Underground Transmission potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
Japan
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of HVDC Transmission System market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Between 400-800 kV in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Underground Transmission in India).
Chapter 6: Regional revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the HVDC Transmission System value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Research Methodology
The research methodology employed has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of our company. Our methodology can be divided into five stages:
★Stage 1 SECONDARY RESEARCH
The research team first collaborates with magazines, trade associations and administrative departments in the research field. The information provided by our internal documentation service is helpful for our further research. Our team has a wealth of experience and knowledge, and can effectively extract accurate information from existing resources.
★Stage 2 PRIMARY RESEARCH:INTERVIEWS WITH TRADE SOURCES
After the first stage, the research team conducts a large number of face-to-face or telephone interviews with representative companies working in the research field. Analysts are trying to have an opportunity to talk to leading companies and small companies in the field. Upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers were included in the interview. The data collected during the interview were then carefully examined and compared with the secondary study.
★Stage 3 ANALYSIS OF THE GATHERED DATA
The analysis team examines and synthesizes the data collected in the first two stages. In order to validate the data, a second round of interviews can be conducted.
★Stage 4 QUANTITATIVE DATA
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by our company. The data is based on the estimates obtained during stage 3.
★Stage 5 QUALITY CONTROL
Before publishing, each report undergoes a rigorous review and editing process, which is done by the experience management team to ensure the reliability of the published data. Every analyst on the research team receives support and continuous training as part of our internal quality process.
1 Report Overview
1.1 Study Scope
1.2 Market by Type
1.2.1 Global Market Size Growth by Type: 2020 VS 2024 VS 2031
1.2.2 Below 400 kV
1.2.3 Between 400-800 kV
1.2.4 Above 800 kV
1.3 Market by Application
1.3.1 Global Market Share by Application: 2020 VS 2024 VS 2031
1.3.2 Overhead Transmission
1.3.3 Underground Transmission
1.3.4 Subsea Transmission
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global HVDC Transmission System Market Perspective (2020-2031)
2.2 Global Market Size by Region: 2020 VS 2024 VS 2031
2.3 Global HVDC Transmission System Revenue Market Share by Region (2020-2025)
2.4 Global HVDC Transmission System Revenue Forecast by Region (2026-2031)
2.5 Major Region and Emerging Market Analysis
2.5.1 North America HVDC Transmission System Market Size and Prospective (2020-2031)
2.5.2 Europe HVDC Transmission System Market Size and Prospective (2020-2031)
2.5.3 China HVDC Transmission System Market Size and Prospective (2020-2031)
2.5.4 Japan HVDC Transmission System Market Size and Prospective (2020-2031)
3 Breakdown Data by Type
3.1 Global HVDC Transmission System Historic Market Size by Type (2020-2025)
3.2 Global HVDC Transmission System Forecasted Market Size by Type (2026-2031)
3.3 Different Types HVDC Transmission System Representative Players
4 Breakdown Data by Application
4.1 Global HVDC Transmission System Historic Market Size by Application (2020-2025)
4.2 Global HVDC Transmission System Forecasted Market Size by Application (2026-2031)
4.3 New Sources of Growth in HVDC Transmission System Application
5 Competition Landscape by Players
5.1 Global Top Players by Revenue
5.1.1 Global Top HVDC Transmission System Players by Revenue (2020-2025)
5.1.2 Global HVDC Transmission System Revenue Market Share by Players (2020-2025)
5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
5.3 Players Covered: Ranking by HVDC Transmission System Revenue
5.4 Global HVDC Transmission System Market Concentration Analysis
5.4.1 Global HVDC Transmission System Market Concentration Ratio (CR5 and HHI)
5.4.2 Global Top 10 and Top 5 Companies by HVDC Transmission System Revenue in 2024
5.5 Global Key Players of HVDC Transmission System Head office and Area Served
5.6 Global Key Players of HVDC Transmission System, Product and Application
5.7 Global Key Players of HVDC Transmission System, Date of Enter into This Industry
5.8 Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments and Downstream
6.1.1 North America HVDC Transmission System Revenue by Company (2020-2025)
6.1.2 North America Market Size by Type
6.1.2.1 North America HVDC Transmission System Market Size by Type (2020-2025)
6.1.2.2 North America HVDC Transmission System Market Share by Type (2020-2025)
6.1.3 North America Market Size by Application
6.1.3.1 North America HVDC Transmission System Market Size by Application (2020-2025)
6.1.3.2 North America HVDC Transmission System Market Share by Application (2020-2025)
6.1.4 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments and Downstream
6.2.1 Europe HVDC Transmission System Revenue by Company (2020-2025)
6.2.2 Europe Market Size by Type
6.2.2.1 Europe HVDC Transmission System Market Size by Type (2020-2025)
6.2.2.2 Europe HVDC Transmission System Market Share by Type (2020-2025)
6.2.3 Europe Market Size by Application
6.2.3.1 Europe HVDC Transmission System Market Size by Application (2020-2025)
6.2.3.2 Europe HVDC Transmission System Market Share by Application (2020-2025)
6.2.4 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments and Downstream
6.3.1 China HVDC Transmission System Revenue by Company (2020-2025)
6.3.2 China Market Size by Type
6.3.2.1 China HVDC Transmission System Market Size by Type (2020-2025)
6.3.2.2 China HVDC Transmission System Market Share by Type (2020-2025)
6.3.3 China Market Size by Application
6.3.3.1 China HVDC Transmission System Market Size by Application (2020-2025)
6.3.3.2 China HVDC Transmission System Market Share by Application (2020-2025)
6.3.4 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments and Downstream
6.4.1 Japan HVDC Transmission System Revenue by Company (2020-2025)
6.4.2 Japan Market Size by Type
6.4.2.1 Japan HVDC Transmission System Market Size by Type (2020-2025)
6.4.2.2 Japan HVDC Transmission System Market Share by Type (2020-2025)
6.4.3 Japan Market Size by Application
6.4.3.1 Japan HVDC Transmission System Market Size by Application (2020-2025)
6.4.3.2 Japan HVDC Transmission System Market Share by Application (2020-2025)
6.4.4 Japan Market Trend and Opportunities
7 Key Players Profiles
7.1 ABB
7.1.1 ABB Company Details
7.1.2 ABB Business Overview
7.1.3 ABB HVDC Transmission System Introduction
7.1.4 ABB Revenue in HVDC Transmission System Business (2020-2025)
7.1.5 ABB Recent Development
7.2 Siemens
7.2.1 Siemens Company Details
7.2.2 Siemens Business Overview
7.2.3 Siemens HVDC Transmission System Introduction
7.2.4 Siemens Revenue in HVDC Transmission System Business (2020-2025)
7.2.5 Siemens Recent Development
7.3 XD
7.3.1 XD Company Details
7.3.2 XD Business Overview
7.3.3 XD HVDC Transmission System Introduction
7.3.4 XD Revenue in HVDC Transmission System Business (2020-2025)
7.3.5 XD Recent Development
7.4 NR Electric
7.4.1 NR Electric Company Details
7.4.2 NR Electric Business Overview
7.4.3 NR Electric HVDC Transmission System Introduction
7.4.4 NR Electric Revenue in HVDC Transmission System Business (2020-2025)
7.4.5 NR Electric Recent Development
7.5 GE Grid Solution
7.5.1 GE Grid Solution Company Details
7.5.2 GE Grid Solution Business Overview
7.5.3 GE Grid Solution HVDC Transmission System Introduction
7.5.4 GE Grid Solution Revenue in HVDC Transmission System Business (2020-2025)
7.5.5 GE Grid Solution Recent Development
7.6 NKT
7.6.1 NKT Company Details
7.6.2 NKT Business Overview
7.6.3 NKT HVDC Transmission System Introduction
7.6.4 NKT Revenue in HVDC Transmission System Business (2020-2025)
7.6.5 NKT Recent Development
7.7 TBEA
7.7.1 TBEA Company Details
7.7.2 TBEA Business Overview
7.7.3 TBEA HVDC Transmission System Introduction
7.7.4 TBEA Revenue in HVDC Transmission System Business (2020-2025)
7.7.5 TBEA Recent Development
7.8 XJ Group Corporation
7.8.1 XJ Group Corporation Company Details
7.8.2 XJ Group Corporation Business Overview
7.8.3 XJ Group Corporation HVDC Transmission System Introduction
7.8.4 XJ Group Corporation Revenue in HVDC Transmission System Business (2020-2025)
7.8.5 XJ Group Corporation Recent Development
7.9 Hitachi ABB Power Grids
7.9.1 Hitachi ABB Power Grids Company Details
7.9.2 Hitachi ABB Power Grids Business Overview
7.9.3 Hitachi ABB Power Grids HVDC Transmission System Introduction
7.9.4 Hitachi ABB Power Grids Revenue in HVDC Transmission System Business (2020-2025)
7.9.5 Hitachi ABB Power Grids Recent Development
7.10 Nexans
7.10.1 Nexans Company Details
7.10.2 Nexans Business Overview
7.10.3 Nexans HVDC Transmission System Introduction
7.10.4 Nexans Revenue in HVDC Transmission System Business (2020-2025)
7.10.5 Nexans Recent Development
7.11 Toshiba
7.11.1 Toshiba Company Details
7.11.2 Toshiba Business Overview
7.11.3 Toshiba HVDC Transmission System Introduction
7.11.4 Toshiba Revenue in HVDC Transmission System Business (2020-2025)
7.11.5 Toshiba Recent Development
7.12 Mitsubishi Electric
7.12.1 Mitsubishi Electric Company Details
7.12.2 Mitsubishi Electric Business Overview
7.12.3 Mitsubishi Electric HVDC Transmission System Introduction
7.12.4 Mitsubishi Electric Revenue in HVDC Transmission System Business (2020-2025)
7.12.5 Mitsubishi Electric Recent Development
7.13 Abengoa
7.13.1 Abengoa Company Details
7.13.2 Abengoa Business Overview
7.13.3 Abengoa HVDC Transmission System Introduction
7.13.4 Abengoa Revenue in HVDC Transmission System Business (2020-2025)
7.13.5 Abengoa Recent Development
7.14 Prysmian Group
7.14.1 Prysmian Group Company Details
7.14.2 Prysmian Group Business Overview
7.14.3 Prysmian Group HVDC Transmission System Introduction
7.14.4 Prysmian Group Revenue in HVDC Transmission System Business (2020-2025)
7.14.5 Prysmian Group Recent Development
7.15 China XD Group
7.15.1 China XD Group Company Details
7.15.2 China XD Group Business Overview
7.15.3 China XD Group HVDC Transmission System Introduction
7.15.4 China XD Group Revenue in HVDC Transmission System Business (2020-2025)
7.15.5 China XD Group Recent Development
8 HVDC Transmission System Market Dynamics
8.1 HVDC Transmission System Industry Trends
8.2 HVDC Transmission System Market Drivers
8.3 HVDC Transmission System Market Challenges
8.4 HVDC Transmission System Market Restraints
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
List of Tables
Table 1. Global HVDC Transmission System Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Global HVDC Transmission System Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 3. Global Market HVDC Transmission System Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Table 4. Global HVDC Transmission System Revenue (US$ Million) Market Share by Region (2020-2025)
Table 5. Global HVDC Transmission System Revenue Share by Region (2020-2025)
Table 6. Global HVDC Transmission System Revenue (US$ Million) Forecast by Region (2026-2031)
Table 7. Global HVDC Transmission System Revenue Share Forecast by Region (2026-2031)
Table 8. Global HVDC Transmission System Market Size by Type (2020-2025) & (US$ Million)
Table 9. Global HVDC Transmission System Revenue Market Share by Type (2020-2025)
Table 10. Global HVDC Transmission System Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 11. Global HVDC Transmission System Revenue Market Share by Type (2026-2031)
Table 12. Representative Players of Each Type
Table 13. Global HVDC Transmission System Market Size by Application (2020-2025) & (US$ Million)
Table 14. Global HVDC Transmission System Revenue Market Share by Application (2020-2025)
Table 15. Global HVDC Transmission System Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 16. Global HVDC Transmission System Revenue Market Share by Application (2026-2031)
Table 17. New Sources of Growth in HVDC Transmission System Application
Table 18. Global HVDC Transmission System Revenue by Players (2020-2025) & (US$ Million)
Table 19. Global HVDC Transmission System Market Share by Players (2020-2025)
Table 20. Global Top HVDC Transmission System Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in HVDC Transmission System as of 2024)
Table 21. Ranking of Global Top HVDC Transmission System Companies by Revenue (US$ Million) in 2024
Table 22. Global 5 Largest Players Market Share by HVDC Transmission System Revenue (CR5 and HHI) & (2020-2025)
Table 23. Global Key Players of HVDC Transmission System, Headquarters and Area Served
Table 24. Global Key Players of HVDC Transmission System, Product and Application
Table 25. Global Key Players of HVDC Transmission System, Date of Enter into This Industry
Table 26. Mergers & Acquisitions, Expansion Plans
Table 27. North America HVDC Transmission System Revenue by Company (2020-2025) & (US$ Million)
Table 28. North America HVDC Transmission System Revenue Market Share by Company (2020-2025)
Table 29. North America HVDC Transmission System Market Size by Type (2020-2025) & (US$ Million)
Table 30. North America HVDC Transmission System Market Size by Application (2020-2025) & (US$ Million)
Table 31. Europe HVDC Transmission System Revenue by Company (2020-2025) & (US$ Million)
Table 32. Europe HVDC Transmission System Revenue Market Share by Company (2020-2025)
Table 33. Europe HVDC Transmission System Market Size by Type (2020-2025) & (US$ Million)
Table 34. Europe HVDC Transmission System Market Size by Application (2020-2025) & (US$ Million)
Table 35. China HVDC Transmission System Revenue by Company (2020-2025) & (US$ Million)
Table 36. China HVDC Transmission System Revenue Market Share by Company (2020-2025)
Table 37. China HVDC Transmission System Market Size by Type (2020-2025) & (US$ Million)
Table 38. China HVDC Transmission System Market Size by Application (2020-2025) & (US$ Million)
Table 39. Japan HVDC Transmission System Revenue by Company (2020-2025) & (US$ Million)
Table 40. Japan HVDC Transmission System Revenue Market Share by Company (2020-2025)
Table 41. Japan HVDC Transmission System Market Size by Type (2020-2025) & (US$ Million)
Table 42. Japan HVDC Transmission System Market Size by Application (2020-2025) & (US$ Million)
Table 43. ABB Company Details
Table 44. ABB Business Overview
Table 45. ABB HVDC Transmission System Product
Table 46. ABB Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 47. ABB Recent Development
Table 48. Siemens Company Details
Table 49. Siemens Business Overview
Table 50. Siemens HVDC Transmission System Product
Table 51. Siemens Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 52. Siemens Recent Development
Table 53. XD Company Details
Table 54. XD Business Overview
Table 55. XD HVDC Transmission System Product
Table 56. XD Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 57. XD Recent Development
Table 58. NR Electric Company Details
Table 59. NR Electric Business Overview
Table 60. NR Electric HVDC Transmission System Product
Table 61. NR Electric Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 62. NR Electric Recent Development
Table 63. GE Grid Solution Company Details
Table 64. GE Grid Solution Business Overview
Table 65. GE Grid Solution HVDC Transmission System Product
Table 66. GE Grid Solution Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 67. GE Grid Solution Recent Development
Table 68. NKT Company Details
Table 69. NKT Business Overview
Table 70. NKT HVDC Transmission System Product
Table 71. NKT Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 72. NKT Recent Development
Table 73. TBEA Company Details
Table 74. TBEA Business Overview
Table 75. TBEA HVDC Transmission System Product
Table 76. TBEA Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 77. TBEA Recent Development
Table 78. XJ Group Corporation Company Details
Table 79. XJ Group Corporation Business Overview
Table 80. XJ Group Corporation HVDC Transmission System Product
Table 81. XJ Group Corporation Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 82. XJ Group Corporation Recent Development
Table 83. Hitachi ABB Power Grids Company Details
Table 84. Hitachi ABB Power Grids Business Overview
Table 85. Hitachi ABB Power Grids HVDC Transmission System Product
Table 86. Hitachi ABB Power Grids Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 87. Hitachi ABB Power Grids Recent Development
Table 88. Nexans Company Details
Table 89. Nexans Business Overview
Table 90. Nexans HVDC Transmission System Product
Table 91. Nexans Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 92. Nexans Recent Development
Table 93. Toshiba Company Details
Table 94. Toshiba Business Overview
Table 95. Toshiba HVDC Transmission System Product
Table 96. Toshiba Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 97. Toshiba Recent Development
Table 98. Mitsubishi Electric Company Details
Table 99. Mitsubishi Electric Business Overview
Table 100. Mitsubishi Electric HVDC Transmission System Product
Table 101. Mitsubishi Electric Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 102. Mitsubishi Electric Recent Development
Table 103. Abengoa Company Details
Table 104. Abengoa Business Overview
Table 105. Abengoa HVDC Transmission System Product
Table 106. Abengoa Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 107. Abengoa Recent Development
Table 108. Prysmian Group Company Details
Table 109. Prysmian Group Business Overview
Table 110. Prysmian Group HVDC Transmission System Product
Table 111. Prysmian Group Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 112. Prysmian Group Recent Development
Table 113. China XD Group Company Details
Table 114. China XD Group Business Overview
Table 115. China XD Group HVDC Transmission System Product
Table 116. China XD Group Revenue in HVDC Transmission System Business (2020-2025) & (US$ Million)
Table 117. China XD Group Recent Development
Table 118. HVDC Transmission System Market Trends
Table 119. HVDC Transmission System Market Drivers
Table 120. HVDC Transmission System Market Challenges
Table 121. HVDC Transmission System Market Restraints
Table 122. Research Programs/Design for This Report
Table 123. Key Data Information from Secondary Sources
Table 124. Key Data Information from Primary Sources
List of Figures
Figure 1. HVDC Transmission System Product Picture
Figure 2. Global HVDC Transmission System Market Share by Type: 2024 VS 2031
Figure 3. Below 400 kV Features
Figure 4. Between 400-800 kV Features
Figure 5. Above 800 kV Features
Figure 6. Global HVDC Transmission System Market Share by Application: 2024 VS 2031
Figure 7. Overhead Transmission
Figure 8. Underground Transmission
Figure 9. Subsea Transmission
Figure 10. HVDC Transmission System Report Years Considered
Figure 11. Global HVDC Transmission System Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 12. Global HVDC Transmission System Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 13. Global HVDC Transmission System Revenue Market Share by Region: 2020 VS 2024
Figure 14. North America HVDC Transmission System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 15. Europe HVDC Transmission System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 16. China HVDC Transmission System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 17. Japan HVDC Transmission System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 18. Global HVDC Transmission System Market Share by Players in 2024
Figure 19. Global Top HVDC Transmission System Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in HVDC Transmission System as of 2024)
Figure 20. The Top 10 and 5 Players Market Share by HVDC Transmission System Revenue in 2024
Figure 21. North America HVDC Transmission System Market Share by Type (2020-2025)
Figure 22. North America HVDC Transmission System Market Share by Application (2020-2025)
Figure 23. Europe HVDC Transmission System Market Share by Type (2020-2025)
Figure 24. Europe HVDC Transmission System Market Share by Application (2020-2025)
Figure 25. China HVDC Transmission System Market Share by Type (2020-2025)
Figure 26. China HVDC Transmission System Market Share by Application (2020-2025)
Figure 27. Japan HVDC Transmission System Market Share by Type (2020-2025)
Figure 28. Japan HVDC Transmission System Market Share by Application (2020-2025)
Figure 29. ABB Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 30. Siemens Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 31. XD Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 32. NR Electric Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 33. GE Grid Solution Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 34. NKT Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 35. TBEA Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 36. XJ Group Corporation Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 37. Hitachi ABB Power Grids Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 38. Nexans Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 39. Toshiba Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 40. Mitsubishi Electric Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 41. Abengoa Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 42. Prysmian Group Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 43. China XD Group Revenue Growth Rate in HVDC Transmission System Business (2020-2025)
Figure 44. Bottom-up and Top-down Approaches for This Report
Figure 45. Data Triangulation
Figure 46. Key Executives Interviewed
