Global High Voltage Direct Current (HVDC) Power Supply Market to Reach $4.5 Billion by 2030
The global market for High Voltage Direct Current (HVDC) Power Supply estimated at US$2.7 Billion in the year 2022, is projected to reach a revised size of US$4.5 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2022-2030. Less Than 1,000 Volts, one of the segments analyzed in the report, is projected to record 6.3% CAGR and reach US$1.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the 1,000-4,000 Volts segment is readjusted to a revised 6.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $735.8 Million, While China is Forecast to Grow at 10% CAGR
The High Voltage Direct Current (HVDC) Power Supply market in the U.S. is estimated at US$735.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$971.4 Million by the year 2030 trailing a CAGR of 10% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.Select Competitors (Total 37 Featured) -
- ABB
- AHV
- American Power Design (APD)
- Applied Kilovolts (Exelis)
- Excelitas Technologies Corp.
- General Electric
- Glassman Europe Ltd.
- Hamamatsu
- Hi-Tek Power
- HVM Technology, Inc.
- Matsusada Precision, Inc.
- Nippon Telegraph and Telephone Corporation (NTT)
- Pico Electronics
- Siemens AG
- Spellman High Voltage Electronics Corp.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB
- AHV
- American Power Design (APD)
- Applied Kilovolts (Exelis)
- Excelitas Technologies Corp.
- General Electric
- Glassman Europe Ltd.
- Hamamatsu
- Hi-Tek Power
- HVM Technology, Inc.
- Matsusada Precision, Inc.
- Nippon Telegraph and Telephone Corporation (NTT)
- Pico Electronics
- Siemens AG
- Spellman High Voltage Electronics Corp.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 93 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2.7 Billion |
Forecasted Market Value ( USD | $ 4.5 Billion |
Compound Annual Growth Rate | 6.6% |
Regions Covered | Global |