The Latin America, Middle East and Africa High Voltage Direct Current Power Supply Market should witness market growth of 10.3% CAGR during the forecast period (2022-2028).
It is anticipated that HVDC lines will assist the growth of renewable energy systems in three ways.This would be achieved through the construction of new solar power stations, the connecting of existing power plants, and the merging of offshore wind energy projects. High-voltage cables, power semiconductors,and converters are a few of the crucial components of HVDC technology, which adds special features to the modern direct current transmission system.
As a result of the growing assimilation of renewable energy sources and the urgent need to reduce carbon emissions, it is well-recognized that the electrical sector is changing. As a result, it is projected that the market for high voltage direct current power supply would have significant potential growth due to increased energy consumption and the continuous development of the renewable energy sector.
Brazil generated 439.2 terawatt-hours of power in 2020, making it the most productive nation in LatinAmerica. The expansion of the HVDC overhead transmission system throughout the region will be supported by the increasing production of power. The Colombian government said in December 2022 that it intended to build an overheadHVDCtransmission line in the nation's north to link up to 3,000 MW of renewable energy generation capacity to the national grid.The high voltage direct current power supplysystem is anticipated to rule the market over the forecast period due to the aforementioned factors.
The Brazil market dominated the LAMEA 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 $94.6 Million by 2028. The Argentina market is experiencing a CAGR of 10.9% during (2022-2028). Additionally, The UAE market would display a CAGR of 10% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
It is anticipated that HVDC lines will assist the growth of renewable energy systems in three ways.This would be achieved through the construction of new solar power stations, the connecting of existing power plants, and the merging of offshore wind energy projects. High-voltage cables, power semiconductors,and converters are a few of the crucial components of HVDC technology, which adds special features to the modern direct current transmission system.
As a result of the growing assimilation of renewable energy sources and the urgent need to reduce carbon emissions, it is well-recognized that the electrical sector is changing. As a result, it is projected that the market for high voltage direct current power supply would have significant potential growth due to increased energy consumption and the continuous development of the renewable energy sector.
Brazil generated 439.2 terawatt-hours of power in 2020, making it the most productive nation in LatinAmerica. The expansion of the HVDC overhead transmission system throughout the region will be supported by the increasing production of power. The Colombian government said in December 2022 that it intended to build an overheadHVDCtransmission line in the nation's north to link up to 3,000 MW of renewable energy generation capacity to the national grid.The high voltage direct current power supplysystem is anticipated to rule the market over the forecast period due to the aforementioned factors.
The Brazil market dominated the LAMEA 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 $94.6 Million by 2028. The Argentina market is experiencing a CAGR of 10.9% during (2022-2028). Additionally, The UAE market would display a CAGR of 10% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA High Voltage Direct Current Power Supply Market, by Vertical
1.4.2 LAMEA High Voltage Direct Current Power Supply Market, by Voltage
1.4.3 LAMEA 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. LAMEA High Voltage Direct Current Power Supply Market by Vertical
4.1 LAMEA Industrial Market by Country
4.2 LAMEA Telecommunication Market by Country
4.3 LAMEA Medical Market by Country
4.4 LAMEA Oil & Gas Market by Country
4.5 LAMEA Others Market by Country
Chapter 5. LAMEA High Voltage Direct Current Power Supply Market by Voltage
5.1 LAMEA >4000V Market by Country
5.2 LAMEA 1,000-4000V Market by Country
5.3 LAMEA < 1000V Market by Country
Chapter 6. LAMEA High Voltage Direct Current Power Supply Market by Country
6.1 Brazil High Voltage Direct Current Power Supply Market
6.1.1 Brazil High Voltage Direct Current Power Supply Market by Vertical
6.1.2 Brazil High Voltage Direct Current Power Supply Market by Voltage
6.2 Argentina High Voltage Direct Current Power Supply Market
6.2.1 Argentina High Voltage Direct Current Power Supply Market by Vertical
6.2.2 Argentina High Voltage Direct Current Power Supply Market by Voltage
6.3 UAE High Voltage Direct Current Power Supply Market
6.3.1 UAE High Voltage Direct Current Power Supply Market by Vertical
6.3.2 UAE High Voltage Direct Current Power Supply Market by Voltage
6.4 Saudi Arabia High Voltage Direct Current Power Supply Market
6.4.1 Saudi Arabia High Voltage Direct Current Power Supply Market by Vertical
6.4.2 Saudi Arabia High Voltage Direct Current Power Supply Market by Voltage
6.5 South Africa High Voltage Direct Current Power Supply Market
6.5.1 South Africa High Voltage Direct Current Power Supply Market by Vertical
6.5.2 South Africa High Voltage Direct Current Power Supply Market by Voltage
6.6 Nigeria High Voltage Direct Current Power Supply Market
6.6.1 Nigeria High Voltage Direct Current Power Supply Market by Vertical
6.6.2 Nigeria High Voltage Direct Current Power Supply Market by Voltage
6.7 Rest of LAMEA High Voltage Direct Current Power Supply Market
6.7.1 Rest of LAMEA High Voltage Direct Current Power Supply Market by Vertical
6.7.2 Rest of LAMEA 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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