Report Detail

Energy & Power Global HVDC Devices Market 2026 by Company, Regions, Type and Application, Forecast to 2032

  • RnM4682621
  • |
  • 27 February, 2026
  • |
  • Global
  • |
  • 107 Pages
  • |
  • GIR
  • |
  • Energy & Power

According to our (Global Info Research) latest study, the global HVDC Devices market size was valued at US$ million in 2025 and is forecast to a readjusted size of US$ million by 2032 with a CAGR of %during review period.
Renewable Energy Integration: The transition towards renewable energy sources such as wind and solar power was driving the need for efficient long-distance electricity transmission. HVDC technology enables the integration of remote renewable energy resources into existing power grids by overcoming transmission constraints and reducing power losses over long distances.
Grid Modernization Initiatives: Increasing investments in grid modernization projects, particularly in aging infrastructure regions, were driving the adoption of HVDC transmission systems. HVDC devices facilitate the upgrade and expansion of power transmission networks, improving grid reliability, stability, and capacity while enabling the integration of renewable energy and distributed generation resources.
This report is a detailed and comprehensive analysis for global HVDC Devices market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global HVDC Devices market size and forecasts, in consumption value ($ Million), 2021-2032
Global HVDC Devices market size and forecasts by region and country, in consumption value ($ Million), 2021-2032
Global HVDC Devices market size and forecasts, by Type and by Application, in consumption value ($ Million), 2021-2032
Global HVDC Devices market shares of main players, in revenue ($ Million), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for HVDC Devices
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global HVDC Devices market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group, GE Grid Solution, TBEA, Xuji Group, Nexans, NKT, Toshiba Energy Systems & Solutions, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
HVDC Devices market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Voltage-Source Converters (VSC)
Converter Transformers
HVDC Converter Stations
Other
Market segment by Application
Overhead Transmission
Underground Transmission
Subsea Transmission
Market segment by players, this report covers
Hitachi ABB Power Grids
Siemens
Prysmian Group
XD Group
GE Grid Solution
TBEA
Xuji Group
Nexans
NKT
Toshiba Energy Systems & Solutions
Mitsubishi Electric
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe HVDC Devices product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of HVDC Devices, with revenue, gross margin, and global market share of HVDC Devices from 2021 to 2026.
Chapter 3, the HVDC Devices competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2021 to 2032.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2021 to 2026.and HVDC Devices market forecast, by regions, by Type and by Application, with consumption value, from 2027 to 2032.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of HVDC Devices.
Chapter 13, to describe HVDC Devices research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of HVDC Devices by Type
    • 1.3.1 Overview: Global HVDC Devices Market Size by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Global HVDC Devices Consumption Value Market Share by Type in 2025
    • 1.3.3 Voltage-Source Converters (VSC)
    • 1.3.4 Converter Transformers
    • 1.3.5 HVDC Converter Stations
    • 1.3.6 Other
  • 1.4 Global HVDC Devices Market by Application
    • 1.4.1 Overview: Global HVDC Devices Market Size by Application: 2021 Versus 2025 Versus 2032
    • 1.4.2 Overhead Transmission
    • 1.4.3 Underground Transmission
    • 1.4.4 Subsea Transmission
  • 1.5 Global HVDC Devices Market Size & Forecast
  • 1.6 Global HVDC Devices Market Size and Forecast by Region
    • 1.6.1 Global HVDC Devices Market Size by Region: 2021 VS 2025 VS 2032
    • 1.6.2 Global HVDC Devices Market Size by Region, (2021-2032)
    • 1.6.3 North America HVDC Devices Market Size and Prospect (2021-2032)
    • 1.6.4 Europe HVDC Devices Market Size and Prospect (2021-2032)
    • 1.6.5 Asia-Pacific HVDC Devices Market Size and Prospect (2021-2032)
    • 1.6.6 South America HVDC Devices Market Size and Prospect (2021-2032)
    • 1.6.7 Middle East & Africa HVDC Devices Market Size and Prospect (2021-2032)

2 Company Profiles

  • 2.1 Hitachi ABB Power Grids
    • 2.1.1 Hitachi ABB Power Grids Details
    • 2.1.2 Hitachi ABB Power Grids Major Business
    • 2.1.3 Hitachi ABB Power Grids HVDC Devices Product and Solutions
    • 2.1.4 Hitachi ABB Power Grids HVDC Devices Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 Hitachi ABB Power Grids Recent Developments and Future Plans
  • 2.2 Siemens
    • 2.2.1 Siemens Details
    • 2.2.2 Siemens Major Business
    • 2.2.3 Siemens HVDC Devices Product and Solutions
    • 2.2.4 Siemens HVDC Devices Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Siemens Recent Developments and Future Plans
  • 2.3 Prysmian Group
    • 2.3.1 Prysmian Group Details
    • 2.3.2 Prysmian Group Major Business
    • 2.3.3 Prysmian Group HVDC Devices Product and Solutions
    • 2.3.4 Prysmian Group HVDC Devices Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Prysmian Group Recent Developments and Future Plans
  • 2.4 XD Group
    • 2.4.1 XD Group Details
    • 2.4.2 XD Group Major Business
    • 2.4.3 XD Group HVDC Devices Product and Solutions
    • 2.4.4 XD Group HVDC Devices Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 XD Group Recent Developments and Future Plans
  • 2.5 GE Grid Solution
    • 2.5.1 GE Grid Solution Details
    • 2.5.2 GE Grid Solution Major Business
    • 2.5.3 GE Grid Solution HVDC Devices Product and Solutions
    • 2.5.4 GE Grid Solution HVDC Devices Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 GE Grid Solution Recent Developments and Future Plans
  • 2.6 TBEA
    • 2.6.1 TBEA Details
    • 2.6.2 TBEA Major Business
    • 2.6.3 TBEA HVDC Devices Product and Solutions
    • 2.6.4 TBEA HVDC Devices Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 TBEA Recent Developments and Future Plans
  • 2.7 Xuji Group
    • 2.7.1 Xuji Group Details
    • 2.7.2 Xuji Group Major Business
    • 2.7.3 Xuji Group HVDC Devices Product and Solutions
    • 2.7.4 Xuji Group HVDC Devices Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Xuji Group Recent Developments and Future Plans
  • 2.8 Nexans
    • 2.8.1 Nexans Details
    • 2.8.2 Nexans Major Business
    • 2.8.3 Nexans HVDC Devices Product and Solutions
    • 2.8.4 Nexans HVDC Devices Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Nexans Recent Developments and Future Plans
  • 2.9 NKT
    • 2.9.1 NKT Details
    • 2.9.2 NKT Major Business
    • 2.9.3 NKT HVDC Devices Product and Solutions
    • 2.9.4 NKT HVDC Devices Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 NKT Recent Developments and Future Plans
  • 2.10 Toshiba Energy Systems & Solutions
    • 2.10.1 Toshiba Energy Systems & Solutions Details
    • 2.10.2 Toshiba Energy Systems & Solutions Major Business
    • 2.10.3 Toshiba Energy Systems & Solutions HVDC Devices Product and Solutions
    • 2.10.4 Toshiba Energy Systems & Solutions HVDC Devices Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 Toshiba Energy Systems & Solutions Recent Developments and Future Plans
  • 2.11 Mitsubishi Electric
    • 2.11.1 Mitsubishi Electric Details
    • 2.11.2 Mitsubishi Electric Major Business
    • 2.11.3 Mitsubishi Electric HVDC Devices Product and Solutions
    • 2.11.4 Mitsubishi Electric HVDC Devices Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 Mitsubishi Electric Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global HVDC Devices Revenue and Share by Players (2021-2026)
  • 3.2 Market Share Analysis (2025)
    • 3.2.1 Market Share of HVDC Devices by Company Revenue
    • 3.2.2 Top 3 HVDC Devices Players Market Share in 2025
    • 3.2.3 Top 6 HVDC Devices Players Market Share in 2025
  • 3.3 HVDC Devices Market: Overall Company Footprint Analysis
    • 3.3.1 HVDC Devices Market: Region Footprint
    • 3.3.2 HVDC Devices Market: Company Product Type Footprint
    • 3.3.3 HVDC Devices Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global HVDC Devices Consumption Value and Market Share by Type (2021-2026)
  • 4.2 Global HVDC Devices Market Forecast by Type (2027-2032)

5 Market Size Segment by Application

  • 5.1 Global HVDC Devices Consumption Value Market Share by Application (2021-2026)
  • 5.2 Global HVDC Devices Market Forecast by Application (2027-2032)

6 North America

  • 6.1 North America HVDC Devices Consumption Value by Type (2021-2032)
  • 6.2 North America HVDC Devices Market Size by Application (2021-2032)
  • 6.3 North America HVDC Devices Market Size by Country
    • 6.3.1 North America HVDC Devices Consumption Value by Country (2021-2032)
    • 6.3.2 United States HVDC Devices Market Size and Forecast (2021-2032)
    • 6.3.3 Canada HVDC Devices Market Size and Forecast (2021-2032)
    • 6.3.4 Mexico HVDC Devices Market Size and Forecast (2021-2032)

7 Europe

  • 7.1 Europe HVDC Devices Consumption Value by Type (2021-2032)
  • 7.2 Europe HVDC Devices Consumption Value by Application (2021-2032)
  • 7.3 Europe HVDC Devices Market Size by Country
    • 7.3.1 Europe HVDC Devices Consumption Value by Country (2021-2032)
    • 7.3.2 Germany HVDC Devices Market Size and Forecast (2021-2032)
    • 7.3.3 France HVDC Devices Market Size and Forecast (2021-2032)
    • 7.3.4 United Kingdom HVDC Devices Market Size and Forecast (2021-2032)
    • 7.3.5 Russia HVDC Devices Market Size and Forecast (2021-2032)
    • 7.3.6 Italy HVDC Devices Market Size and Forecast (2021-2032)

8 Asia-Pacific

  • 8.1 Asia-Pacific HVDC Devices Consumption Value by Type (2021-2032)
  • 8.2 Asia-Pacific HVDC Devices Consumption Value by Application (2021-2032)
  • 8.3 Asia-Pacific HVDC Devices Market Size by Region
    • 8.3.1 Asia-Pacific HVDC Devices Consumption Value by Region (2021-2032)
    • 8.3.2 China HVDC Devices Market Size and Forecast (2021-2032)
    • 8.3.3 Japan HVDC Devices Market Size and Forecast (2021-2032)
    • 8.3.4 South Korea HVDC Devices Market Size and Forecast (2021-2032)
    • 8.3.5 India HVDC Devices Market Size and Forecast (2021-2032)
    • 8.3.6 Southeast Asia HVDC Devices Market Size and Forecast (2021-2032)
    • 8.3.7 Australia HVDC Devices Market Size and Forecast (2021-2032)

9 South America

  • 9.1 South America HVDC Devices Consumption Value by Type (2021-2032)
  • 9.2 South America HVDC Devices Consumption Value by Application (2021-2032)
  • 9.3 South America HVDC Devices Market Size by Country
    • 9.3.1 South America HVDC Devices Consumption Value by Country (2021-2032)
    • 9.3.2 Brazil HVDC Devices Market Size and Forecast (2021-2032)
    • 9.3.3 Argentina HVDC Devices Market Size and Forecast (2021-2032)

10 Middle East & Africa

  • 10.1 Middle East & Africa HVDC Devices Consumption Value by Type (2021-2032)
  • 10.2 Middle East & Africa HVDC Devices Consumption Value by Application (2021-2032)
  • 10.3 Middle East & Africa HVDC Devices Market Size by Country
    • 10.3.1 Middle East & Africa HVDC Devices Consumption Value by Country (2021-2032)
    • 10.3.2 Turkey HVDC Devices Market Size and Forecast (2021-2032)
    • 10.3.3 Saudi Arabia HVDC Devices Market Size and Forecast (2021-2032)
    • 10.3.4 UAE HVDC Devices Market Size and Forecast (2021-2032)

11 Market Dynamics

  • 11.1 HVDC Devices Market Drivers
  • 11.2 HVDC Devices Market Restraints
  • 11.3 HVDC Devices Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 HVDC Devices Industry Chain
  • 12.2 HVDC Devices Upstream Analysis
  • 12.3 HVDC Devices Midstream Analysis
  • 12.4 HVDC Devices Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on HVDC Devices. Industry analysis & Market Report on HVDC Devices is a syndicated market report, published as Global HVDC Devices Market 2026 by Company, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of HVDC Devices market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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