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HVDC Converters Market Size By Power Rating (< 500 MW, ≥ 500 MW - 1,000 MW, > 1,000 MW - 3,000 MW, > 3,000 MW), By Configuration (Monopolar, Bipolar, Back to Back), By Converter (LCC, VSC) & Forecast, 2024 - 2032

  • Report ID: GMI4015
  • Published Date: Mar 2023
  • Report Format: PDF

Report Content

Chapter 1   Methodology & Scope

1.1    Market scope & definitions

1.2    Market estimates and forecast parameters

1.3    Forecast calculations

1.4    Data sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1    Paid sources

1.4.2.2    Public sources

Chapter 2   Executive Summary

2.1    HVDC converters industry 3600 synopsis, 2019 - 2032

2.1.1    Business trends

2.1.2    Power rating trends

2.1.3    Configuration trends

2.1.4    Converter trends

2.1.5    Regional trends

Chapter 3   HVDC converters Industry Insights

3.1    Industry ecosystem analysis

3.1.1    Vendor Matrix

3.2    Regulatory landscape

3.2.1    IEEE Standards

3.2.1.1    IEEE 1899-2017; IEEE guide for establishing basic requirements for high-voltage direct-current transmission protection and control equipment

3.2.1.2    IEEE 60076-57-129-2017; EC/IEEE International Standard for transformers for HVDC applications

3.2.1.3    IEEE P1378; Guide for commissioning HVDC converter stations and associated transmission systems

3.2.1.4    P2656; guide for functional specification of voltage-sourced converter for HVDC stations

3.2.1.5    1240-2000: IEEE guide for the evaluation of the reliability of HVDC converter stations

3.2.1.6    1378-1997; IEEE Guide for Commissioning High-Voltage Direct-Current (HVDC) Converter Stations and Associated Transmission Systems

3.2.2    Europe

3.2.2.1    Commission Regulation (EU) 2016/1447

3.2.2.1.1    Scope of application

3.2.3    China

3.2.3.1    HVDC Standards across China

3.2.4    IEC TS 63014-1:2018: HVDC power transmission system requirements for dc-side equipment using line-commutated converters (LCC)

3.3    COVID- 19 impact on the industry outlook

3.3.1    Growth drivers

3.3.1.1    Increasing need for grid interconnection

3.3.1.2    Rising electric infrastructure spending

3.3.1.3    Stringent environmental & energy efficiency reforms

3.3.2    Industry Pitfalls and challenges

3.3.2.1    Increasing need for grid interconnection

3.4    Growth potential analysis

3.5    Porter's Analysis

3.5.1    Bargaining power of supplier

3.5.2    Bargaining power of buyer

3.5.3    Threat of new entrant

3.5.4    Threat of substitutes

3.6    PESTEL Analysis

Chapter 4   Competitive Benchmarking

4.1    Competitive landscape, 2022

4.1.1    Strategy dashboard

4.1.1.1    General Electric

4.1.1.1.1    Agreement

4.1.1.2    Hitachi Energy Ltd.

4.1.1.2.1    Product supply

4.1.1.3    Siemens Energy

4.1.1.3.1    Product supply

4.1.1.3.2    Order

4.1.1.4    Toshiba Energy Systems & Solutions Corporation

4.1.1.4.1    Project commissioning

4.1.2    Innovation & sustainability landscape

Chapter 5   HVDC converters Market, By Power Rating

5.1    Key power rating trends

5.2    > 500 MW

5.2.1    Global market from > 500 MW, 2019 - 2032

5.2.2    Global market from > 500 MW, by region, 2019 - 2032

5.3    ≥ 500 MW - 1,000 MW

5.3.1    Global market from ≥ 500 MW - 1,000 MW, 2019 - 2032

5.3.2    Global market from ≥ 500 MW - 1,000 MW, by region, 2019 - 2032

5.4    > 1,000 MW - 3,000 MW

5.4.1    Global market from > 1000 MW - 3000 MW, 2019 - 2032

5.4.2    Global market from > 1000 MW - 3000 MW, by region, 2019 - 2032

5.5    > 3,000 MW

5.5.1    Global market from > 3,000 MW, 2019 - 2032

5.5.2    Global market from > 3,000 MW, by region, 2019 - 2032

Chapter 6   HVDC converters Market, By Configuration

6.1    Key configuration trends

6.2    Monopolar

6.2.1    Global market from monopolar, 2019 - 2032

6.2.2    Global market from monopolar, by region, 2019 - 2032

6.3    Bipolar

6.3.1    Global market from bipolar, 2019 - 2032

6.3.2    Global market from bipolar, by region, 2019 - 2032

6.4    Back to back

6.4.1    Global market from back to back, 2019 - 2032

6.4.2    Global market from back to back, by region, 2019 - 2032

6.5    Others

6.5.1    Global market from others, 2019 - 2032

6.5.2    Global market from others, by region, 2019 - 2032

Chapter 7   HVDC converters Market, By Converters

7.1    Key converter trends

7.2    LCC

7.2.1    Global market from LCC, 2019 - 2032

7.2.2    Global market from LCC, by region, 2019 - 2032

7.3    VSC

7.3.1    Global market from VSC, 2019 - 2032

7.3.2    Global market from VSC, by region, 2019 - 2032

7.4    Others

7.4.1    Global market from others, 2019 - 2032

7.4.2    Global market from others, by region, 2019 - 2032

Chapter 8   HVDC converters Market, By Region

8.1    Key regional trends

8.2    North America

8.2.1    North America market, 2019 – 2032

8.2.2    North America market by power rating, 2019 – 2032

8.2.3    North America market by configuration, 2019 – 2032

8.2.4    North America market by converter, 2019 – 2032

8.2.5    U.S.

8.2.5.1    U.S. market, 2019 – 2032

8.2.5.2    U.S. market by power rating, 2019 – 2032

8.2.5.3    U.S. market by configuration, 2019 – 2032

8.2.5.4    U.S. market by converter, 2019 – 2032

8.2.6    Canada

8.2.6.1    Canada market, 2019 – 2032

8.2.6.2    Canada market by power rating, 2019 – 2032

8.2.6.3    Canada market by configuration, 2019 – 2032

8.2.6.4    Canada market by converter, 2019 – 2032

8.3    Europe

8.3.1    Europe market, 2019 – 2032

8.3.2    Europe market by power rating, 2019 – 2032

8.3.3    Europe market by configuration, 2019 – 2032

8.3.4    Europe market by converter, 2019 – 2032

8.3.5    UK

8.3.5.1    UK market, 2019 – 2032

8.3.5.2    UK market by power rating, 2019 – 2032

8.3.5.3    UK market by configuration, 2019 – 2032

8.3.5.4    UK market by converter, 2019 – 2032

8.3.6    Germany

8.3.6.1    Germany market, 2019 – 2032

8.3.6.2    Germany market by power rating, 2019 – 2032

8.3.6.3    Germany market by configuration, 2019 – 2032

8.3.6.4    Germany market by converter, 2019 – 2032

8.3.7    France

8.3.7.1    France market, 2019 – 2032

8.3.7.2    France market by power rating, 2019 – 2032

8.3.7.3    France market by configuration, 2019 – 2032

8.3.7.4    France market by converter, 2019 – 2032

8.3.8    Norway

8.3.8.1    Norway market, 2019 – 2032

8.3.8.2    Norway market by power rating, 2019 – 2032

8.3.8.3    Norway market by configuration, 2019 – 2032

8.3.8.4    Norway market by converter, 2019 – 2032

8.4    Asia Pacific

8.4.1    Asia Pacific market, 2019 – 2032

8.4.2    Asia Pacific market by power rating, 2019 – 2032

8.4.3    Asia Pacific market by configuration, 2019 – 2032

8.4.4    Asia Pacific market by converter, 2019 – 2032

8.4.5    China

8.4.5.1    China market, 2019 – 2032

8.4.5.2    China market by power rating, 2019 – 2032

8.4.5.3    China market by configuration, 2019 – 2032

8.4.5.4    China market by converter, 2019 – 2032

8.4.6    India

8.4.6.1    India market, 2019 – 2032

8.4.6.2    India market by power rating, 2019 – 2032

8.4.6.3    India market by configuration, 2019 – 2032

8.4.6.4    India market by converter, 2019 – 2032

8.4.7    South Korea

8.4.7.1    South Korea market, 2019 – 2032

8.4.7.2    South Korea market by power rating, 2019 – 2032

8.4.7.3    South Korea market by configuration, 2019 – 2032

8.4.7.4    South Korea market by converter, 2019 – 2032

8.4.8    Australia

8.4.8.1    Australia market, 2019 – 2032

8.4.8.2    Australia market by power rating, 2019 – 2032

8.4.8.3    Australia market by configuration, 2019 – 2032

8.4.8.4    Australia market by converter, 2019 – 2032

8.5    Rest of World

8.5.1    Rest of World market, 2019 – 2032

8.5.2    Rest of World market by power rating, 2019 – 2032

8.5.3    Rest of World market by configuration, 2019 – 2032

8.5.4    Rest of World market by converter, 2019 – 2032

Chapter 9   Company Profiles

9.1    Siemens Energy

9.1.1    Business Overview

9.1.2    Financial Data

9.1.3    Product Landscape

9.1.4    SWOT Analysis

9.2    General Electric

9.2.1    Business overview

9.2.2    Financial data

9.2.3    Product landscape

9.2.4    Strategy outlook

9.2.5    SWOT analysis

9.3    TOSHIBA CORPORATION

9.3.1    Business overview

9.3.2    Financial data

9.3.3    Product landscape

9.3.4    Strategy outlook

9.3.5    SWOT analysis

9.4    ABB

9.4.1    Business overview

9.4.2    Financial data

9.4.3    Product landscape

9.4.4    SWOT analysis

9.5    Bharat Heavy Electricals Limited (BHEL)

9.5.1    Business overview

9.5.2    Financial data

9.5.3    Product landscape

9.5.4    SWOT Analysis

9.6    CG Power & Industrial Solutions Ltd.

9.6.1    Business overview

9.6.2    Financial data

9.6.3    Product landscape

9.6.4    SWOT Analysis

9.7    Hitachi, Ltd.

9.7.1    Business overview

9.7.2    Financial data

9.7.3    Product landscape

9.7.4    SWOT Analysis

Authors: Ankit Gupta, Shashank Sisodia

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  • Base Year: 2023
  • Companies covered: 7
  • Tables & Figures: 439
  • Countries covered: 10
  • Pages: 230
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