The Asia Pacific High Voltage Direct Current Power Supply Market should witness market growth of 7.3% CAGR during the forecast period (2022-2028).
HVDC links can be fully controlled, unlike AC lines. As a result, the line operator or owner can control the power flow over the line, as well as the voltages availableat the terminals, in the case of VSC HVDC. As such, the HVDC line enables the operator to modify the system in accordance with his or her goals. For example, loss reduction, maintaining a fixed transfer, limiting the effects of contingencies, etc., are all potential goals.
On top of HVDC power supply lines, a modern energy system that utilizes renewable resources is being developed and put into operation. Systems for producing electricity from solar and wind are examples of renewable energy sources, but they are also incredibly unstable and located far away. Therefore, the most effective and efficient way to transfer electricity is over long distances, which helps the ever-evolving HVDC system advance in the renewable power economy.
Australia also revealed intentions to send solar energy to Singapore over an offshore route in October 2021.Through theproject, the construction of the Australia-Asia Power Link (AAPL) is taking place, which isthe largest solar energy system in the world. Darwin and Singapore will get a high-quality, dispatchable renewable energy supply from the AAPL, which consists of storage, solar,and an HVDCtransmission network. Construction is anticipated to begin in 2023, with Darwin and Singapore receiving solar energy in 2026 and 2027, respectively. Therefore, the increasing number of projects throughout the region involving HVDC are boosting the growth of the regional market.
The China market dominated the Asia Pacific High Voltage Direct Current Power Supply Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $430.8 Million by 2028. The Japan market is estimated to grow a CAGR of 6.7% during (2022-2028). Additionally, The India market would experience a CAGR of 8% during (2022-2028).
Based on Vertical, the market is segmented into Industrial, Telecommunication, Medical, Oil & Gas and Others. Based on Voltage, the market is segmented into >4000V, 1,000-4000V and < 1000V. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hitachi, Ltd. (Hitachi Energy Ltd.), Toshiba Corporation, Siemens AG, General Electric Company, XP Power, Ltd., Hamamatsu Photonics K.K., Excelitas Technologies Corp., American Power Design, Inc., American High Voltage, and Nikken Sekkei Ltd.
HVDC links can be fully controlled, unlike AC lines. As a result, the line operator or owner can control the power flow over the line, as well as the voltages availableat the terminals, in the case of VSC HVDC. As such, the HVDC line enables the operator to modify the system in accordance with his or her goals. For example, loss reduction, maintaining a fixed transfer, limiting the effects of contingencies, etc., are all potential goals.
On top of HVDC power supply lines, a modern energy system that utilizes renewable resources is being developed and put into operation. Systems for producing electricity from solar and wind are examples of renewable energy sources, but they are also incredibly unstable and located far away. Therefore, the most effective and efficient way to transfer electricity is over long distances, which helps the ever-evolving HVDC system advance in the renewable power economy.
Australia also revealed intentions to send solar energy to Singapore over an offshore route in October 2021.Through theproject, the construction of the Australia-Asia Power Link (AAPL) is taking place, which isthe largest solar energy system in the world. Darwin and Singapore will get a high-quality, dispatchable renewable energy supply from the AAPL, which consists of storage, solar,and an HVDCtransmission network. Construction is anticipated to begin in 2023, with Darwin and Singapore receiving solar energy in 2026 and 2027, respectively. Therefore, the increasing number of projects throughout the region involving HVDC are boosting the growth of the regional market.
The China market dominated the Asia Pacific High Voltage Direct Current Power Supply Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $430.8 Million by 2028. The Japan market is estimated to grow a CAGR of 6.7% during (2022-2028). Additionally, The India market would experience a CAGR of 8% during (2022-2028).
Based on Vertical, the market is segmented into Industrial, Telecommunication, Medical, Oil & Gas and Others. Based on Voltage, the market is segmented into >4000V, 1,000-4000V and < 1000V. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hitachi, Ltd. (Hitachi Energy Ltd.), Toshiba Corporation, Siemens AG, General Electric Company, XP Power, Ltd., Hamamatsu Photonics K.K., Excelitas Technologies Corp., American Power Design, Inc., American High Voltage, and Nikken Sekkei Ltd.
Scope of the Study
By Vertical
- Industrial
- Telecommunication
- Medical
- Oil & Gas
- Others
By Voltage
- >4000V
- 1,000-4000V
- < 1000V
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Hitachi, Ltd. (Hitachi Energy Ltd.)
- Toshiba Corporation
- Siemens AG
- General Electric Company
- XP Power, Ltd.
- Hamamatsu Photonics K.K.
- Excelitas Technologies Corp.
- American Power Design, Inc.
- American High Voltage
- Nikken Sekkei Ltd.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific High Voltage Direct Current Power Supply Market, by Vertical
1.4.2 Asia Pacific High Voltage Direct Current Power Supply Market, by Voltage
1.4.3 Asia Pacific High Voltage Direct Current Power Supply Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in High Voltage Direct Current Power Supply Market
Chapter 4. Asia Pacific High Voltage Direct Current Power Supply Market by Vertical
4.1 Asia Pacific Industrial Market by Country
4.2 Asia Pacific Telecommunication Market by Country
4.3 Asia Pacific Medical Market by Country
4.4 Asia Pacific Oil & Gas Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific High Voltage Direct Current Power Supply Market by Voltage
5.1 Asia Pacific >4000V Market by Country
5.2 Asia Pacific 1,000-4000V Market by Country
5.3 Asia Pacific < 1000V Market by Country
Chapter 6. Asia Pacific High Voltage Direct Current Power Supply Market by Country
6.1 China High Voltage Direct Current Power Supply Market
6.1.1 China High Voltage Direct Current Power Supply Market by Vertical
6.1.2 China High Voltage Direct Current Power Supply Market by Voltage
6.2 Japan High Voltage Direct Current Power Supply Market
6.2.1 Japan High Voltage Direct Current Power Supply Market by Vertical
6.2.2 Japan High Voltage Direct Current Power Supply Market by Voltage
6.3 India High Voltage Direct Current Power Supply Market
6.3.1 India High Voltage Direct Current Power Supply Market by Vertical
6.3.2 India High Voltage Direct Current Power Supply Market by Voltage
6.4 South Korea High Voltage Direct Current Power Supply Market
6.4.1 South Korea High Voltage Direct Current Power Supply Market by Vertical
6.4.2 South Korea High Voltage Direct Current Power Supply Market by Voltage
6.5 Singapore High Voltage Direct Current Power Supply Market
6.5.1 Singapore High Voltage Direct Current Power Supply Market by Vertical
6.5.2 Singapore High Voltage Direct Current Power Supply Market by Voltage
6.6 Malaysia High Voltage Direct Current Power Supply Market
6.6.1 Malaysia High Voltage Direct Current Power Supply Market by Vertical
6.6.2 Malaysia High Voltage Direct Current Power Supply Market by Voltage
6.7 Rest of Asia Pacific High Voltage Direct Current Power Supply Market
6.7.1 Rest of Asia Pacific High Voltage Direct Current Power Supply Market by Vertical
6.7.2 Rest of Asia Pacific High Voltage Direct Current Power Supply Market by Voltage
Chapter 7. Company Profiles
7.1 Hitachi, Ltd. (Hitachi Energy Ltd.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.1.5.3 Geographical Expansions:
7.2 Toshiba Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research and Development Expense
7.2.5 SWOT Analysis
7.3 Siemens AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Acquisition and Mergers:
7.3.6 SWOT Analysis
7.4 General Electric Company
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.5 XP Power Ltd.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Product Line and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.6 Hamamatsu Photonics K.K.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental Analysis
7.6.4 Research & Development Expense
7.7 Excelitas Technologies Corp.
7.7.1 Company Overview
7.8 American Power Design, Inc.
7.8.1 Company Overview
7.9 American High Voltage
7.9.1 Company Overview
7.10. Nikken Sekkei Ltd.
7.10.1 Company Overview
Companies Mentioned
- Hitachi, Ltd. (Hitachi Energy Ltd.)
- Toshiba Corporation
- Siemens AG
- General Electric Company
- XP Power, Ltd.
- Hamamatsu Photonics K.K.
- Excelitas Technologies Corp.
- American Power Design, Inc.
- American High Voltage
- Nikken Sekkei Ltd.
Methodology
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