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HVDC Converter Station Market - Global Forecast 2026-2032- Product Image
HVDC Converter Station Market - Global Forecast 2026-2032- Product Image
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HVDC Converter Station Market - Global Forecast 2026-2032

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    Report

  • 191 Pages
  • January 2026
  • Region: Global
  • 360iResearch™
  • ID: 4904926
1h Free Analyst Time
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The HVDC Converter Station Market is essential to grid modernization and reliable power transmission as global energy systems evolve. Senior decision-makers need clarity on how advancing converter technology and strategic procurement can underpin resilience and sustainability objectives within modern infrastructure projects.

Market Snapshot: HVDC Converter Station Market Size and Growth Trajectory

The HVDC Converter Station Market is projected to grow from USD 14.00 billion in 2025 to USD 14.75 billion in 2026, with an anticipated CAGR of 5.63% through 2032 and a market value forecast at USD 20.55 billion by the end of that period. This trajectory signals strong ongoing demand for robust power grids, driven by the expanded integration of renewables, more complex international power flows, and major policy-driven network initiatives. Market growth directly reflects strategic importance for utilities, grid operators, and the broader power sector, where evolving infrastructure needs align with both sustainability and operational priorities.

Scope & Segmentation: Strategic and Technical Coverage

This report provides a granular breakdown of the HVDC converter station ecosystem by technology, function, and region, enabling senior leaders to align sourcing and project strategies with specific operational goals:

  • Component Types: Circuit breakers, converter transformers, harmonic filters, reactors, surge arresters, and valves drive reliability and system efficiency at each installation phase.
  • Converter Technologies: Line Commutated Converters address stable, long-distance power corridors, while Voltage Source Converters deliver greater control and seamless renewable integration for modern grid needs.
  • Power Capacities: Less-than-500 MW units suit localized grid extensions; 500–1000 MW systems support phased grid upgrades; installations exceeding 1000 MW serve large-scale, high-demand corridors.
  • Station Topologies: Bipole configurations maximize redundancy and capacity, Homopole designs fulfill focused or specialist projects, and Monopole topologies address unique project economics and routing.
  • Applications: Grid interconnections, oil and gas platform connections, renewable energy system expansion, and dedicated transmission upgrades each create distinct specification and procurement needs.
  • Geographic Scope: Americas focus on grid modernization, Europe/Middle East/Africa address diverse developmental stage priorities, and Asia-Pacific emphasizes accelerated network expansion and local manufacturing initiatives.

Key Takeaways: Strategic Insights for Decision-Makers

  • HVDC converter stations form a foundational element in meeting decarbonization and stability goals, rapidly emerging as standard components of utility-scale infrastructure projects worldwide.
  • Innovations including modular station architectures and digital asset monitoring enable flexible project rollouts and strengthen equipment longevity, supporting long-term investment strategies.
  • Deployment models now integrate traditional power conversion with advanced functions such as harmonic filtering and reactive power compensation, aligning utility capability with grid code compliance.
  • Supply assurance challenges are met through diversified sourcing and expanded regional production footprints, supporting risk-managed procurement under evolving trade and regulatory norms.
  • Complex regulatory and grid code demands directly shape technical selection, tendering, and project approval processes—early alignment with relevant authorities is central to project success.
  • Sustainability expectations, including lifecycle carbon accounting, increasingly influence supplier selection processes and contract requirements as decarbonization pressure intensifies.

Tariff Impact: Strategic and Operational Considerations in Procurement

Recent tariff policies enacted in the United States have initiated significant shifts in procurement strategy within the HVDC Converter Station Market. Organizations respond by enhancing supplier transparency and diversifying sources to manage exposure to variable landed costs. Procurement teams emphasize strategic inventory management and pursue alternative contracting methods that balance cost-sharing and risk mitigation. Additionally, value-engineered specifications and selective component substitutions help optimize overall spend. Lenders and insurers now apply updated evaluation frameworks that factor tariffs into risk assessments, creating stronger contract requirements and ensuring more robust project resilience.

Methodology & Data Sources

The report employs a multi-source approach, drawing on technical reports, regulatory documents, procurement data, and interviews with stakeholders spanning developers, operators, manufacturers, and independent engineers. Scenario analyses, detailed value-chain mapping, and comprehensive reliability reviews validate each segment of insight.

Why This Report Matters for Senior Stakeholders

  • Delivers actionable analysis of evolving technology, supply chain dynamics, and sourcing risks, enabling informed capital allocation and risk-adjusted planning.
  • Clarifies procurement, specification, and compliance challenges—equipping decision-makers to respond to emerging opportunities and obstacles within fast-moving project environments.
  • Supports prioritization of project delivery, partnership development, and competitive positioning as regulatory environments and market expectations advance.

Conclusion: Prioritizing Resilience and Strategic Alignment

By focusing on supply chain resilience and staying current with regulatory and technical standards, leaders position their organizations to effectively address complexity and capitalize on growth within modern grid infrastructure projects.

 

Additional Product Information:

  • Purchase of this report includes 1 year online access with quarterly updates.
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders
2. Research Methodology
2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations
3. Executive Summary
3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap
4. Market Overview
4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy
5. Market Insights
5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis
6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025
8. HVDC Converter Station Market, by Component
8.1. Circuit Breakers
8.2. Converter Transformers
8.3. Harmonic Filters
8.4. Reactors
8.5. Surge Arresters
8.6. Valves
9. HVDC Converter Station Market, by Converter Type
9.1. Line Commutated Converter
9.2. Voltage Source Converter
10. HVDC Converter Station Market, by Power Capacity
10.1. 500-1000 MW
10.2. Less Than 500 MW
10.3. More Than 1000 MW
11. HVDC Converter Station Market, by Station Topology
11.1. Bipole
11.2. Homopolar
11.3. Monopole
12. HVDC Converter Station Market, by Application
12.1. Interconnection
12.2. Oil & Gas Platforms
12.3. Renewable Integration
12.4. Transmission
13. HVDC Converter Station Market, by Region
13.1. Americas
13.1.1. North America
13.1.2. Latin America
13.2. Europe, Middle East & Africa
13.2.1. Europe
13.2.2. Middle East
13.2.3. Africa
13.3. Asia-Pacific
14. HVDC Converter Station Market, by Group
14.1. ASEAN
14.2. GCC
14.3. European Union
14.4. BRICS
14.5. G7
14.6. NATO
15. HVDC Converter Station Market, by Country
15.1. United States
15.2. Canada
15.3. Mexico
15.4. Brazil
15.5. United Kingdom
15.6. Germany
15.7. France
15.8. Russia
15.9. Italy
15.10. Spain
15.11. China
15.12. India
15.13. Japan
15.14. Australia
15.15. South Korea
16. United States HVDC Converter Station Market
17. China HVDC Converter Station Market
18. Competitive Landscape
18.1. Market Concentration Analysis, 2025
18.1.1. Concentration Ratio (CR)
18.1.2. Herfindahl Hirschman Index (HHI)
18.2. Recent Developments & Impact Analysis, 2025
18.3. Product Portfolio Analysis, 2025
18.4. Benchmarking Analysis, 2025
18.5. ABB Ltd.
18.6. Bharat Heavy Electricals Ltd
18.7. C-Epri Power Engineering Company
18.8. CG Power and Industrial Solutions Limited)
18.9. China XD Group
18.10. Detector Electronics, LLC
18.11. General Electric Company
18.12. Greenlink Interconnector Limited
18.13. Hitachi Energy Ltd.
18.14. Hyosung Heavy Industries
18.15. LS Electric Co., Ltd.
18.16. Mitsubishi Electric Corporation
18.17. Nexans S.A.
18.18. Prysmian Group
18.19. Schneider Electric SE
18.20. Siemens Energy AG
18.21. Toshiba Energy Systems & Solutions Corporation
18.22. Xi’an XD Power System Co., Ltd.
List of Figures
FIGURE 1. GLOBAL HVDC CONVERTER STATION MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL HVDC CONVERTER STATION MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL HVDC CONVERTER STATION MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 12. UNITED STATES HVDC CONVERTER STATION MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 13. CHINA HVDC CONVERTER STATION MARKET SIZE, 2018-2032 (USD MILLION)
List of Tables
TABLE 1. GLOBAL HVDC CONVERTER STATION MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY CIRCUIT BREAKERS, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY CIRCUIT BREAKERS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY CIRCUIT BREAKERS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TRANSFORMERS, BY REGION, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TRANSFORMERS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TRANSFORMERS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY HARMONIC FILTERS, BY REGION, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY HARMONIC FILTERS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY HARMONIC FILTERS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY REACTORS, BY REGION, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY REACTORS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY REACTORS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY SURGE ARRESTERS, BY REGION, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY SURGE ARRESTERS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY SURGE ARRESTERS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY VALVES, BY REGION, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY VALVES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY VALVES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY LINE COMMUTATED CONVERTER, BY REGION, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY LINE COMMUTATED CONVERTER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY LINE COMMUTATED CONVERTER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY VOLTAGE SOURCE CONVERTER, BY REGION, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY VOLTAGE SOURCE CONVERTER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY VOLTAGE SOURCE CONVERTER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY 500-1000 MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY 500-1000 MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY 500-1000 MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY LESS THAN 500 MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY LESS THAN 500 MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY LESS THAN 500 MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY MORE THAN 1000 MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY MORE THAN 1000 MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY MORE THAN 1000 MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY BIPOLE, BY REGION, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY BIPOLE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY BIPOLE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY HOMOPOLAR, BY REGION, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY HOMOPOLAR, BY GROUP, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY HOMOPOLAR, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY MONOPOLE, BY REGION, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY MONOPOLE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY MONOPOLE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY INTERCONNECTION, BY REGION, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY INTERCONNECTION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY INTERCONNECTION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY OIL & GAS PLATFORMS, BY REGION, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY OIL & GAS PLATFORMS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 54. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY OIL & GAS PLATFORMS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 55. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY RENEWABLE INTEGRATION, BY REGION, 2018-2032 (USD MILLION)
TABLE 56. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY RENEWABLE INTEGRATION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 57. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY RENEWABLE INTEGRATION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 58. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY TRANSMISSION, BY REGION, 2018-2032 (USD MILLION)
TABLE 59. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY TRANSMISSION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 60. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY TRANSMISSION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 61. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 62. AMERICAS HVDC CONVERTER STATION MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 63. AMERICAS HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 64. AMERICAS HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 65. AMERICAS HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 66. AMERICAS HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 67. AMERICAS HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 68. NORTH AMERICA HVDC CONVERTER STATION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 69. NORTH AMERICA HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 70. NORTH AMERICA HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 71. NORTH AMERICA HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 72. NORTH AMERICA HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 73. NORTH AMERICA HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 74. LATIN AMERICA HVDC CONVERTER STATION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 75. LATIN AMERICA HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 76. LATIN AMERICA HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 77. LATIN AMERICA HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 78. LATIN AMERICA HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 79. LATIN AMERICA HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 80. EUROPE, MIDDLE EAST & AFRICA HVDC CONVERTER STATION MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 81. EUROPE, MIDDLE EAST & AFRICA HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 82. EUROPE, MIDDLE EAST & AFRICA HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 83. EUROPE, MIDDLE EAST & AFRICA HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 84. EUROPE, MIDDLE EAST & AFRICA HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 85. EUROPE, MIDDLE EAST & AFRICA HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 86. EUROPE HVDC CONVERTER STATION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 87. EUROPE HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 88. EUROPE HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 89. EUROPE HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 90. EUROPE HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 91. EUROPE HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 92. MIDDLE EAST HVDC CONVERTER STATION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 93. MIDDLE EAST HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 94. MIDDLE EAST HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 95. MIDDLE EAST HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 96. MIDDLE EAST HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 97. MIDDLE EAST HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 98. AFRICA HVDC CONVERTER STATION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 99. AFRICA HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 100. AFRICA HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 101. AFRICA HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 102. AFRICA HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 103. AFRICA HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 104. ASIA-PACIFIC HVDC CONVERTER STATION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 105. ASIA-PACIFIC HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 106. ASIA-PACIFIC HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 107. ASIA-PACIFIC HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 108. ASIA-PACIFIC HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 109. ASIA-PACIFIC HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 110. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 111. ASEAN HVDC CONVERTER STATION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 112. ASEAN HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 113. ASEAN HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 114. ASEAN HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 115. ASEAN HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 116. ASEAN HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 117. GCC HVDC CONVERTER STATION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 118. GCC HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 119. GCC HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 120. GCC HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 121. GCC HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 122. GCC HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 123. EUROPEAN UNION HVDC CONVERTER STATION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 124. EUROPEAN UNION HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 125. EUROPEAN UNION HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 126. EUROPEAN UNION HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 127. EUROPEAN UNION HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 128. EUROPEAN UNION HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 129. BRICS HVDC CONVERTER STATION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 130. BRICS HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 131. BRICS HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 132. BRICS HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 133. BRICS HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 134. BRICS HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 135. G7 HVDC CONVERTER STATION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 136. G7 HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 137. G7 HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 138. G7 HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 139. G7 HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 140. G7 HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 141. NATO HVDC CONVERTER STATION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 142. NATO HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 143. NATO HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 144. NATO HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 145. NATO HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 146. NATO HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 147. GLOBAL HVDC CONVERTER STATION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 148. UNITED STATES HVDC CONVERTER STATION MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 149. UNITED STATES HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 150. UNITED STATES HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 151. UNITED STATES HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 152. UNITED STATES HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 153. UNITED STATES HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 154. CHINA HVDC CONVERTER STATION MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 155. CHINA HVDC CONVERTER STATION MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 156. CHINA HVDC CONVERTER STATION MARKET SIZE, BY CONVERTER TYPE, 2018-2032 (USD MILLION)
TABLE 157. CHINA HVDC CONVERTER STATION MARKET SIZE, BY POWER CAPACITY, 2018-2032 (USD MILLION)
TABLE 158. CHINA HVDC CONVERTER STATION MARKET SIZE, BY STATION TOPOLOGY, 2018-2032 (USD MILLION)
TABLE 159. CHINA HVDC CONVERTER STATION MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this HVDC Converter Station market report include:
  • ABB Ltd.
  • Bharat Heavy Electricals Ltd
  • C-Epri Power Engineering Company
  • CG Power and Industrial Solutions Limited)
  • China XD Group
  • Detector Electronics, LLC
  • General Electric Company
  • Greenlink Interconnector Limited
  • Hitachi Energy Ltd.
  • Hyosung Heavy Industries
  • LS Electric Co., Ltd.
  • Mitsubishi Electric Corporation
  • Nexans S.A.
  • Prysmian Group
  • Schneider Electric SE
  • Siemens Energy AG
  • Toshiba Energy Systems & Solutions Corporation
  • Xi’an XD Power System Co., Ltd.

Table Information

Report AttributeDetails
No. of Pages191
PublishedJanuary 2026
Forecast Period2026 - 2032
Estimated Market Value ( USD ) in 2026 $ 14.75 Billion
Forecasted Market Value ( USD ) by 2032 $ 20.55 Billion
Compound Annual Growth Rate5.6%
Regions CoveredGlobal
No. of Companies Mentioned19

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About the High Voltage Direct Current Converter Market

High Voltage Direct Current (HVDC) Converters are an important part of the electricity market, as they are used to transmit electricity over long distances with minimal losses. HVDC converters are used to convert alternating current (AC) to direct current (DC) and vice versa, allowing electricity to be transmitted over long distances with minimal losses. HVDC converters are also used to connect two different AC networks, allowing electricity to be exchanged between them. HVDC converters are used in a variety of applications, including power transmission, renewable energy integration, and interconnecting different AC networks. The HVDC converter market is expected to grow in the coming years, driven by the increasing demand for electricity and the need for efficient transmission of electricity over long distances. The increasing demand for renewable energy integration and the need for efficient transmission of electricity over long distances are also expected to drive the growth of the HVDC converter market. Some of the major companies in the HVDC converter market include ABB, Siemens, General Electric, Mitsubishi Electric, and Hitachi. Show Less Read more

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