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Global High Voltage Direct Current (HVDC) Transmission Systems Market 2017-2021

Published By :

Technavio

Published Date : Sep 2017

Category :

Machines

No. of Pages : 76 Pages

About High Voltage Direct Current (HVDC) Transmission Systems

Power is mainly generated, distributed, and consumed as AC. However, in power generation techniques, such as offshore wind farms and hydroelectricity, using AC system and lines for transmission of power over long distances of more than 600 km becomes uneconomical. This is due to the high-power losses and increasing costs of overhead lines. The increasing demand for power for commercial and residential use and the need to address the problem regarding power shortage have resulted in the supply of high voltage current from power generating sources to the destination. Thus, HVDC systems are being adopted, as these are economical owing to reduced power loss and overall cost for large distance transmission compared with AC lines. The high voltage transmission of electricity in the form of DC over a long distance by means of underground cables, overhead transmission line or grid interconnection is the HVDC transmission system.

Technavios analysts forecast the global high voltage direct current (HVDC) transmission systems market to grow at a CAGR of 15.58% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global high voltage direct current (HVDC) transmission systems market for 2017-2021. To calculate the market size, the report considers the revenue generation through new installation of HVDC lines and services.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global High Voltage Direct Current (HVDC) Transmission Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ABB
GE Grid Solutions
Hitachi
Mitsubishi Electric Corporation
Siemens AG
Other prominent vendors
Nexans
NKT
Toshiba
NR Electric
Prysmian Group
American Semiconductor
TransGrid Solutions
HVDC Technologies
ATCO Electric
LSIS

Market driver
Optimal solution for long distance transmission
For a full, detailed list, view our report

Market challenge
High capital investments needed for installation of HVDC substation
For a full, detailed list, view our report

Market trend
Emerging hybrid HVDC circuit breaker

For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Financial assessment: Cost-benefit analysis
Five forces analysis
PART 06: Market segmentation by power rating
Market overview
Global HVDC transmission systems market by power rating up to 500 MW
Global HVDC transmission systems market by power rating between 501 MW and 2,000 MW
Global HVDC transmission systems market by power rating above 2,001 MW
PART 07: Market segmentation by components
Market overview
Global HVDC transmission systems market in substations
Global HVDC transmission systems market in underground cables
Global HVDC transmission systems market in overhead cables
PART 08: Geographical segmentation
Market overview
HVDC transmission systems market in EMEA
HVDC transmission systems market in APAC
HVDC transmission systems market in Americas
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Market challenges
PART 11: Market trends
Emerging hybrid HVDC circuit breaker
Technological advances in HVDC transmission system
Shift toward offshore renewable energy generation
PART 12: Vendor landscape
Competition overview
Other prominent vendors
PART 13: Key vendor analysis
ABB
GE Grid Solutions
Hitachi
Mitsubishi Electric Corporation
Siemens
PART 14: Appendix
List of abbreviations


Exhibit 01: Development in HVDC transmission systems
Exhibit 02: HVDC transmission systems layout
Exhibit 03: Configuration used for HVDC transmission systems
Exhibit 04: Market landscape
Exhibit 05: Global HVDC power transmission systems market ($ billions)
Exhibit 06: Typical cost analysis of HVDC and HVAC transmission system 2016
Exhibit 07: Key highlights of the financial assessment
Exhibit 08: Five forces analysis
Exhibit 09: Global HVDC transmission market by power rating 2016 and 2021 (%)
Exhibit 10: Global HVDC transmission systems market by power rating up to 500 MW ($ billions)
Exhibit 11: Global HVDC transmission systems market by power rating between 501 MW and 2,000 MW ($ billions)
Exhibit 12: HVDC transmission system projects with power rating between 500 MW and 2,000 MW
Exhibit 13: Global HVDC transmission systems by power rating above 2,001 MW ($ billions)
Exhibit 14: Global HVDC transmission systems market by components 2016 and 2021 (%)
Exhibit 15: Global HVDC transmission systems market in substations ($ billions)
Exhibit 16: Global HVDC transmission systems market in underground cables ($ billions)
Exhibit 17: Global HVDC transmission systems market in overhead cables ($ billions)
Exhibit 18: HVDC transmission systems market by geography 2016 and 2021 (%)
Exhibit 19: HVDC transmission systems market in EMEA ($ billions)
Exhibit 20: HVDC transmission systems market in APAC ($ billions)
Exhibit 21: HVDC transmission systems market in Americas ($ billions)
Exhibit 22: Nuclear as a percentage of total electric generation in the countries 2015
Exhibit 23: Typical cost structure of HVDC converter station as a % of total cost in 2016
Exhibit 24: ABB: Business verticals
Exhibit 25: ABB: Industries served
Exhibit 26: ABB: Product offerings
Exhibit 27: ABB: Highlights
Exhibit 28: GE: Business segments
Exhibit 29: GE Grid Solutions: HVDC Products and solution portfolio
Exhibit 30: GE: Highlights
Exhibit 31: Hitachi: Business segments
Exhibit 32: Hitachi: HVDC Solutions
Exhibit 33: Hitachi: Highlights
Exhibit 34: Mitsubishi Electric Corporation: Products
Exhibit 35: Mitsubishi Electric Corporation: Highlights
Exhibit 36: Siemens: Business segments
Exhibit 37: Siemens: Products
Exhibit 38: Siemens: Highlights

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