High Voltage Direct Current Transmission Market - Forecast(2025 - 2032)

High Voltage Direct Current (HVDC) transmission is a technology used to transmit hashtag#electric hashtag#power over long distances. Unlike the more common Alternating Current (AC) transmission, which periodically reverses direction, HVDC involves the use of direct hashtag#current to transmit electricity.HVDC transmission lines have hashtag#lower electrical losses compared to hashtag#equivalent AC lines.

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This is because DC lines incur less power loss due to factors such as skin effect and proximity effect, which are more pronounced in AC systems.hashtag#hvdc is particularly suitable for long-distance hashtag#transmission of hashtag#electricity . It experiences lower losses over long distances compared to AC hashtag#transmission , making it more efficient for interconnecting hashtag#power systems separated by large geographical distances.

This report identifies the HVDC transmission market size in terms of value for the year 2014-2017, and forecast of the same for year 2023. It highlights potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to HVDC transmission market.

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• This report has been divided based on technology which includes Capacitor Commutated Converter (CCC) Based, Voltage Source Converter (VSC) Based, Line Commutated Converter (LCC) Based and UHVDC.
• This report also includes HVDC transmission market by project type which includes Point-to-Point Transmission, Back-to-Back Stations and Multi-Terminal Systems.
• The report is also segmented on the basis of its application; namely Underground Power Transmission, Asynchronous Grid Interconnection and Off-Shore Power Transmission.

This report also includes detailed profiling of following sample and relevant players in the global HVDC transmission market:

• General Electric
• Toshiba Corporation
• Prysmian Group
• American Superconductor Corp.
• NR Electric Co., Ltd.
• Transgrid Solutions, Inc.
• ABB Group
• Siemens
• Mitsubishi Electric Corporation