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Global HVDC System Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global HVDC System Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Line Commutated Converters (LCC)
    • 1.3.3 Voltage Source Converters (VSC)
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global HVDC System Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Offshore
    • 1.4.3 Onshore
  • 1.5 Global HVDC System Market Size & Forecast
    • 1.5.1 Global HVDC System Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global HVDC System Sales Quantity (2020-2031)
    • 1.5.3 Global HVDC System Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Siemens Energy
    • 2.1.1 Siemens Energy Details
    • 2.1.2 Siemens Energy Major Business
    • 2.1.3 Siemens Energy HVDC System Product and Services
    • 2.1.4 Siemens Energy HVDC System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Siemens Energy Recent Developments/Updates
  • 2.2 GE
    • 2.2.1 GE Details
    • 2.2.2 GE Major Business
    • 2.2.3 GE HVDC System Product and Services
    • 2.2.4 GE HVDC System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 GE Recent Developments/Updates
  • 2.3 LS ELECTRIC
    • 2.3.1 LS ELECTRIC Details
    • 2.3.2 LS ELECTRIC Major Business
    • 2.3.3 LS ELECTRIC HVDC System Product and Services
    • 2.3.4 LS ELECTRIC HVDC System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 LS ELECTRIC Recent Developments/Updates
  • 2.4 Hitachi Energy
    • 2.4.1 Hitachi Energy Details
    • 2.4.2 Hitachi Energy Major Business
    • 2.4.3 Hitachi Energy HVDC System Product and Services
    • 2.4.4 Hitachi Energy HVDC System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Hitachi Energy Recent Developments/Updates
  • 2.5 Mitsubishi Electric
    • 2.5.1 Mitsubishi Electric Details
    • 2.5.2 Mitsubishi Electric Major Business
    • 2.5.3 Mitsubishi Electric HVDC System Product and Services
    • 2.5.4 Mitsubishi Electric HVDC System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Mitsubishi Electric Recent Developments/Updates
  • 2.6 Delta Electronics
    • 2.6.1 Delta Electronics Details
    • 2.6.2 Delta Electronics Major Business
    • 2.6.3 Delta Electronics HVDC System Product and Services
    • 2.6.4 Delta Electronics HVDC System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Delta Electronics Recent Developments/Updates
  • 2.7 Toshiba
    • 2.7.1 Toshiba Details
    • 2.7.2 Toshiba Major Business
    • 2.7.3 Toshiba HVDC System Product and Services
    • 2.7.4 Toshiba HVDC System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Toshiba Recent Developments/Updates

3 Competitive Environment: HVDC System by Manufacturer

  • 3.1 Global HVDC System Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global HVDC System Revenue by Manufacturer (2020-2025)
  • 3.3 Global HVDC System Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of HVDC System by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 HVDC System Manufacturer Market Share in 2024
    • 3.4.3 Top 6 HVDC System Manufacturer Market Share in 2024
  • 3.5 HVDC System Market: Overall Company Footprint Analysis
    • 3.5.1 HVDC System Market: Region Footprint
    • 3.5.2 HVDC System Market: Company Product Type Footprint
    • 3.5.3 HVDC System Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global HVDC System Market Size by Region
    • 4.1.1 Global HVDC System Sales Quantity by Region (2020-2031)
    • 4.1.2 Global HVDC System Consumption Value by Region (2020-2031)
    • 4.1.3 Global HVDC System Average Price by Region (2020-2031)
  • 4.2 North America HVDC System Consumption Value (2020-2031)
  • 4.3 Europe HVDC System Consumption Value (2020-2031)
  • 4.4 Asia-Pacific HVDC System Consumption Value (2020-2031)
  • 4.5 South America HVDC System Consumption Value (2020-2031)
  • 4.6 Middle East & Africa HVDC System Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global HVDC System Sales Quantity by Type (2020-2031)
  • 5.2 Global HVDC System Consumption Value by Type (2020-2031)
  • 5.3 Global HVDC System Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global HVDC System Sales Quantity by Application (2020-2031)
  • 6.2 Global HVDC System Consumption Value by Application (2020-2031)
  • 6.3 Global HVDC System Average Price by Application (2020-2031)

7 North America

  • 7.1 North America HVDC System Sales Quantity by Type (2020-2031)
  • 7.2 North America HVDC System Sales Quantity by Application (2020-2031)
  • 7.3 North America HVDC System Market Size by Country
    • 7.3.1 North America HVDC System Sales Quantity by Country (2020-2031)
    • 7.3.2 North America HVDC System Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe HVDC System Sales Quantity by Type (2020-2031)
  • 8.2 Europe HVDC System Sales Quantity by Application (2020-2031)
  • 8.3 Europe HVDC System Market Size by Country
    • 8.3.1 Europe HVDC System Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe HVDC System Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific HVDC System Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific HVDC System Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific HVDC System Market Size by Region
    • 9.3.1 Asia-Pacific HVDC System Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific HVDC System Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America HVDC System Sales Quantity by Type (2020-2031)
  • 10.2 South America HVDC System Sales Quantity by Application (2020-2031)
  • 10.3 South America HVDC System Market Size by Country
    • 10.3.1 South America HVDC System Sales Quantity by Country (2020-2031)
    • 10.3.2 South America HVDC System Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa HVDC System Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa HVDC System Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa HVDC System Market Size by Country
    • 11.3.1 Middle East & Africa HVDC System Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa HVDC System Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 HVDC System Market Drivers
  • 12.2 HVDC System Market Restraints
  • 12.3 HVDC System Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of HVDC System and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of HVDC System
  • 13.3 HVDC System Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 HVDC System Typical Distributors
  • 14.3 HVDC System Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global HVDC System market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
    In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
    This report is a detailed and comprehensive analysis for global HVDC System market. Both quantitative and qualitative analyses are presented by manufacturers, 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 System market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
    Global HVDC System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
    Global HVDC System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
    Global HVDC System market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025
    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 System
    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 System market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens Energy, GE, LS ELECTRIC, Hitachi Energy, Mitsubishi Electric, Delta Electronics, Toshiba, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    HVDC System market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Line Commutated Converters (LCC)
    Voltage Source Converters (VSC)
    Market segment by Application
    Offshore
    Onshore
    Major players covered
    Siemens Energy
    GE
    LS ELECTRIC
    Hitachi Energy
    Mitsubishi Electric
    Delta Electronics
    Toshiba
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe HVDC System product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of HVDC System, with price, sales quantity, revenue, and global market share of HVDC System from 2020 to 2025.
    Chapter 3, the HVDC System competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the HVDC System breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and HVDC System market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of HVDC System.
    Chapter 14 and 15, to describe HVDC System sales channel, distributors, customers, research findings and conclusion.

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