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.
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.