HVDC Transmission Market by LCC, VSC, CCC, Converter Stations, Transmission Cables, Point-to-Point Transmission, Back-to-Back Stations, Multi Terminal Systems, Bulk Power Transmission and Interconnecting Grids - Global Forecast to 2030

1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Inclusions and Exclusions
1.3.3 Years Considered
1.4 Currency Considered
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders
1.8 Summary of Changes

2.1 Research Approach
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 List of Key Primary Interview Participants
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Data from Primary Sources
2.1.2.4 Key Industry Insights
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach to Estimate Market Size Using Bottom-Up Analysis
2.2.2 Top-Down Approach
2.2.2.1 Approach to Estimate Market Size Using Top-Down Analysis
2.3 Factor Analysis
2.3.1 Demand-Side Analysis
2.3.2 Supply-Side Analysis
2.4 Growth Forecast
2.5 Market Breakdown and Data Triangulation
2.6 Research Assumptions
2.7 Risk Assessment

4.1 Attractive Opportunities for Players in Hvdc Transmission Market
4.2 Hvdc Transmission Market, by Component
4.3 Hvdc Transmission Market, by Technology
4.4 Hvdc Transmission Market, by Project Type
4.5 Hvdc Transmission Market, by Application
4.6 Asia-Pacific: Hvdc Transmission Market, by Component and Country, 2024
4.7 Hvdc Transmission Market, by Country

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Integration of Vsc Technology into Hvdc Systems
5.2.1.2 Global Shift Toward Renewable Energy Sources
5.2.1.3 Importance of Grid Modernization and Reliable Energy Transmission
5.2.1.4 Government-Led Policies and Initiatives to Promote Hvdc Transmission Technology
5.2.2 Restraints
5.2.2.1 High Initial Investment
5.2.2.2 Availability of Substitute Technologies
5.2.2.3 Complex Project Lifecycles
5.2.3 Opportunities
5.2.3.1 Growing Adoption of Digital and Automation Technologies
5.2.3.2 Electrification of Transportation Sector
5.2.3.3 Increasing Demand for Integrated Networks Across Long Distances
5.2.3.4 Strategic Shift from Traditional Fossil Fuels to Sustainable Energy
5.2.4 Challenges
5.2.4.1 Interoperability Issues due to Lack of Standardization
5.2.4.2 Complexities Associated with Obtaining Necessary Permits
5.3 Supply Chain Analysis
5.4 Ecosystem Mapping
5.5 Investment and Funding Scenario
5.6 Technology Analysis
5.6.1 Key Technologies
5.6.1.1 Modular Multilevel Converters (Mmc)
5.6.1.2 Control & Protection Systems
5.6.2 Complementary Technologies
5.6.2.1 Scada
5.6.2.2 Hvdc Grid Control Software
5.6.3 Adjacent Technologies
5.6.3.1 Offshore Energy Hubs and Interconnectors
5.6.3.2 Advanced Grid Planning and Simulation Tools
5.7 Pricing Analysis
5.7.1 Average Selling Price Trend of Components, by Key Player, 2021-2024
5.7.2 Average Selling Price Trend of Components, by Region, 2021-2024
5.8 Patent Analysis
5.9 Porter's Five Forces Analysis
5.9.1 Threat of New Entrants
5.9.2 Threat of Substitutes
5.9.3 Bargaining Power of Suppliers
5.9.4 Bargaining Power of Buyers
5.9.5 Intensity of Competitive Rivalry
5.10 Key Stakeholders and Buying Criteria
5.10.1 Key Stakeholders in Buying Process
5.10.2 Buying Criteria
5.11 Case Studies
5.11.1 Electrification of Statoil Troll a Platform with ABB Hvdc Light Technology Delivers Lower Emissions and Improved Efficiency
5.11.2 Hitachi Energy Hvdc Light Integration Strengthens Nordic Grid Resilience and Enables Efficient Cross-Border Renewable Energy Exchange
5.11.3 Scottish Hydro Electric Transmission and Caithness-Moray Hvdc Collaborated to Strengthen Scotland's Power Network and Enable Reliable Renewable Energy Integration
5.11.4 Mitsubishi Electric Corporation Asists Swansea North Substation Upgrade to Higher Voltage System
5.11.5 Hitachi Energy Empowers Cross-Border Energy Flow with East West Hvdc Interconnector
5.12 Trade Analysis
5.12.1 Import Data
5.12.2 Export Data
5.13 Tariff and Regulatory Landscape
5.13.1 Tariff Analysis
5.13.2 Regulatory Bodies, Government Agencies, and Other Organizations
5.13.3 Standards
5.13.3.1 Europe
5.13.3.2 Asia-Pacific
5.13.3.3 North America
5.13.3.4 RoW
5.13.4 Regulations
5.13.4.1 North America
5.13.4.2 Europe
5.13.4.3 Asia-Pacific
5.13.4.4 RoW
5.14 Trends/Disruptions Impacting Customer Business
5.15 Key Conferences and Events, 2025-2026
5.16 Impact of AI/Gen AI on Hvdc Transmission Market
5.16.1 Introduction
5.17 Impact of 2025 US Tariff - Hvdc Transmission Market
5.17.1 Introduction
5.17.1.1 Key Tariff Rates
5.17.2 Price Impact Analysis
5.17.3 Impact on Country/ Region
5.17.3.1 US
5.17.3.2 Europe
5.17.3.3 Asia-Pacific
5.17.4 Impact on Applications

6.1 Introduction
6.2 Below 500 Mw
6.3 501-999 Mw
6.4 1,000-2,000 Mw
6.5 Above 2,000 Mw

7.1 Introduction
7.2 Point-To-Point Transmission
7.2.1 Monopolar Transmission Systems
7.2.1.1 Suitability for Remote Area Electrification and Early-Stage Hvdc Projects to Support Market Growth
7.2.2 Bipolar Transmission Systems
7.2.2.1 Rising Demand for Bulk Power Transmission from Remote Renewable Sources to Fuel Market Growth
7.3 Back-To-Back Stations
7.3.1 Growing Need for Cross-Border Electricity Trade Between Asynchronous Networks to Foster Market Growth
7.4 Multi-Terminal Systems
7.4.1 Ability to Aggregate Large Amounts of Renewable Energies Cost-Effectively to Fuel Market Growth

8.1 Introduction
8.2 Bulk Power Transmission
8.2.1 Overhead
8.2.1.1 Growing Emphasis on Enhancing Inter-Regional Connectivity to Boost Demand
8.2.2 Underwater & Underground
8.2.2.1 Improved Energy Security with Electricity Trading to Fuel Market Growth
8.3 Interconnecting Grids
8.3.1 Ongoing Advancements in Vsc Technology to Drive Market
8.4 Infeed Urban Areas
8.4.1 Rising Electricity Demand from Densely Populated Urban Areas to Boost Demand

9.1 Introduction
9.2 Converter Stations
9.2.1 Valves
9.2.1.1 Thyristor Valves
9.2.1.1.1 Ongoing Advancements to Enhance Switching Speed and Efficiency to Drive Market
9.2.1.2 Insulated Gate Bipolar Transistors (Igbts)
9.2.1.2.1 Reduced Maintenance Requirements and Enhanced Grid Reliability to Foster Market Growth
9.2.2 Transformers
9.2.2.1 Ability to Optimize Voltage Levels to Boost Demand
9.2.3 Harmonic Filters
9.2.3.1 AC Filters
9.2.3.1.1 Increasing Application to Mitigate Harmonic Distortions to Drive Market
9.2.3.2 DC Filters
9.2.3.2.1 Need to Maintain Efficiency and Reliability of Offshore Wind Projects and Urban Infeed Applications to Boost Demand
9.2.4 Circuit Breakers
9.2.4.1 Rising Demand for Secure and Uninterrupted Transmission of Electrical Power to Augment Market Growth
9.2.5 Reactors
9.2.5.1 Need to Ensure Seamless Voltage Fluctuations During AC-DC Conversion to Boost Demand
9.2.6 Surge Arresters
9.2.6.1 Growing Need to Shield Equipment from Overvoltage Conditions to Drive Market
9.3 Transmission Cables
9.3.1 Increasing Application for Cross-Border Interconnections and Offshore Wind Integration to Fuel Market Growth
9.4 Other Components

10.1 Introduction
10.2 Line Commutated Converter (Lcc)
10.2.1 Hvdc
10.2.1.1 Rising Need to Regulate Transmission Losses with Cost-Effective Methods to Drive Market
10.2.2 Uhvdc
10.2.2.1 Ability to Enhance Grid Stability and Support Long-Distance Bulk Power Transfers to Foster Market Growth
10.3 Voltage Source Converter (Vsc)
10.3.1 Hvdc
10.3.1.1 Suitability for Long-Distance Power Transmissions to Drive Market
10.3.2 Uhvdc
10.3.2.1 Rising Electricity Trading with Converter Stations in Different Regions and Countries to Fuel Market Growth
10.4 Capacitor Commutated Converter (Ccc)
10.4.1 Increasing Need to Control Current, Overcurrent, and Voltage to Drive Market

11.1 Introduction
11.2 North America
11.2.1 North America: Macroeconomic Outlook
11.2.2 US
11.2.2.1 Emphasis on Developing Renewable Energy Sources and Grid Modernization to Drive Market
11.2.3 Canada
11.2.3.1 Commitment to Reducing Greenhouse Gas Emissions to Boost Demand
11.2.4 Mexico
11.2.4.1 Abundance of Wind and Solar Resources to Offer Lucrative Growth Opportunities
11.3 Europe
11.3.1 Europe: Macroeconomic Outlook
11.3.2 UK
11.3.2.1 Increasing Investments to Boost Hdvc Transmission Infrastructure to Fuel Market Growth
11.3.3 Germany
11.3.3.1 Transition to Low-Carbon Energy System to Foster Market Growth
11.3.4 France
11.3.4.1 Enhancement of Grid Connectivity and Cross-Border Electricity Exchange to Drive Market
11.3.5 Italy
11.3.5.1 Increasing Emphasis on Supporting Long-Distance and High-Capacity Electricity Transmission to Propel Market Growth
11.3.6 Spain
11.3.6.1 Rising Focus on Modernizing Network with High-Capacity Subsea Interconnectors to Fuel Market Growth
11.3.7 Poland
11.3.7.1 Need to Reduce Dependency on Coal-based Generation to Drive Market
11.3.8 Nordics
11.3.8.1 Growing Demand for Low-Loss Transmission Over Long Distances to Boost Demand
11.3.9 Rest of Europe
11.4 Asia-Pacific
11.4.1 Asia-Pacific: Macroeconomic Outlook
11.4.2 China
11.4.2.1 Expanding Renewable Energy Infrastructure to Support Market Growth
11.4.3 Japan
11.4.3.1 Incorporation of Offshore Wind Power into National Energy Strategies to Drive Market
11.4.4 South Korea
11.4.4.1 Government-Led Initiatives to Boost Hdvc Adoption to Fuel Market Growth
11.4.5 India
11.4.5.1 Rising Focus on Modernizing Power Transmission Infrastructure to Boost Demand
11.4.6 Australia
11.4.6.1 Promotion of Clean Energy Resources to Propel Market Growth
11.4.7 Indonesia
11.4.7.1 Strategies to Enhance Grid Flexibility to Support Market Growth
11.4.8 Malaysia
11.4.8.1 Need to Interconnect Asynchronous Grids and Move Large Volumes of Power with Minimal Losses to Drive Market
11.4.9 Thailand
11.4.9.1 Growing Emphasis on Improving Energy Security to Boost Demand
11.4.10 Vietnam
11.4.10.1 Increasing Focus on Enhancing National Grid Flexibility and Resilience to Support Market Growth
11.4.11 Rest of Asia-Pacific
11.5 RoW
11.5.1 RoW: Macroeconomic Outlook
11.5.2 Middle East
11.5.2.1 Bahrain
11.5.2.1.1 Growing Focus on Strengthening Grid Reliability and Regional Power Exchange to Drive Market
11.5.2.2 Kuwait
11.5.2.2.1 Increasing Need to Optimize Load Balancing and Ensure Emergency Energy Supply to Foster Market Growth
11.5.2.3 Oman
11.5.2.3.1 Growing Cross-Border Connectivity and Grid Modernization to Support Market Growth
11.5.2.4 Qatar
11.5.2.4.1 Rising Focus on Improving Energy Security and Supporting Integration of Large-Scale Renewable Sources to Fuel Market Growth
11.5.2.5 Saudi Arabia
11.5.2.5.1 Emphasis on Supporting Regional Power Trade to Boost Demand
11.5.2.6 UAE
11.5.2.6.1 National Objectives to Decarbonize Industrial Operations to Drive Market
11.5.2.7 Rest of Middle East
11.5.3 Africa
11.5.3.1 South Africa
11.5.3.1.1 Emphasis on Accommodating Increasing Share of Renewables in Energy Mix to Fuel Market Growth
11.5.3.2 Rest of Africa
11.5.4 South America
11.5.4.1 Growing Emphasis on Grid Reliability to Support Market Growth

12.1 Introduction
12.2 Right to Win/Key Strategies Adopted by Key Players, 2020-2025
12.3 Market Share Analysis, 2024
12.4 Revenue Analysis, 2020-2024
12.5 Company Valuation and Financial Metrics
12.6 Brand/Product Comparison
12.7 Company Evaluation Matrix: Key Players, 2024
12.7.1 Stars
12.7.2 Emerging Leaders
12.7.3 Pervasive Players
12.7.4 Participants
12.7.5 Company Footprint: Key Players, 2024
12.7.5.1 Region Footprint
12.7.5.2 Component Footprint
12.7.5.3 Application Footprint
12.7.5.4 Project Type Footprint
12.8 Company Evaluation Matrix: Startups/SMEs, 2024
12.8.1 Progressive Companies
12.8.2 Responsive Companies
12.8.3 Dynamic Companies
12.8.4 Starting Blocks
12.8.5 Competitive Benchmarking
12.8.5.1 Detailed List of Key Startups/SMEs
12.8.5.2 Competitive Benchmarking of Key Startups/SMEs
12.9 Competitive Scenario
12.9.1 Product Launches
12.9.2 Deals
12.9.3 Other Developments

13.1 Introduction
13.2 Key Players
13.2.1 Hitachi, Ltd.
13.2.1.1 Business Overview
13.2.1.2 Products/Solutions/Services Offered
13.2.1.3 Recent Developments
13.2.1.3.1 Deals
13.2.1.3.2 Other Developments
13.2.1.4 Analyst's View
13.2.1.4.1 Key Strengths/Right to Win
13.2.1.4.2 Strategic Choices
13.2.1.4.3 Weaknesses/Competitive Threats
13.2.2 Siemens Energy
13.2.2.1 Business Overview
13.2.2.2 Products/Solutions/Services Offered
13.2.2.3 Recent Developments
13.2.2.3.1 Deals
13.2.2.3.2 Other Developments
13.2.2.4 Analyst's View
13.2.2.4.1 Key Strengths/Right to Win
13.2.2.4.2 Strategic Choices
13.2.2.4.3 Weaknesses/Competitive Threats
13.2.3 Mitsubishi Electric Corporation
13.2.3.1 Business Overview
13.2.3.2 Products/Solutions/Services Offered
13.2.3.3 Recent Developments
13.2.3.3.1 Deals
13.2.3.3.2 Other Developments
13.2.3.4 Analyst's View
13.2.3.4.1 Key Strengths/Right to Win
13.2.3.4.2 Strategic Choices
13.2.3.4.3 Weaknesses/Competitive Threats
13.2.4 GE Vernova
13.2.4.1 Business Overview
13.2.4.2 Products/Solutions/Services Offered
13.2.4.3 Recent Developments
13.2.4.3.1 Deals
13.2.4.3.2 Other Developments
13.2.4.4 Analyst's View
13.2.4.4.1 Key Strengths/Right to Win
13.2.4.4.2 Strategic Choices
13.2.4.4.3 Weaknesses/Competitive Threats
13.2.5 Prysmian Group
13.2.5.1 Business Overview
13.2.5.2 Products/Solutions/Services Offered
13.2.5.3 Recent Developments
13.2.5.3.1 Product Launches
13.2.5.3.2 Deals
13.2.5.3.3 Other Developments
13.2.5.4 Analyst's View
13.2.5.4.1 Key Strengths/ Right to Win
13.2.5.4.2 Strategic Choices
13.2.5.4.3 Weaknesses/Competitive Threats
13.2.6 Toshiba Corporation
13.2.6.1 Business Overview
13.2.6.2 Products/Solutions/Services Offered
13.2.6.3 Recent Developments
13.2.6.3.1 Deals
13.2.6.3.2 Other Developments
13.2.7 Nkt A/S
13.2.7.1 Business Overview
13.2.7.2 Products/Solutions/Services Offered
13.2.7.3 Recent Developments
13.2.7.3.1 Deals
13.2.7.3.2 Other Developments
13.2.8 Nexans
13.2.8.1 Business Overview
13.2.8.2 Products/Solutions/Services Offered
13.2.8.3 Recent Developments
13.2.8.3.1 Deals
13.2.8.3.2 Other Developments
13.2.9 Ls Electric Co. Ltd.
13.2.9.1 Business Overview
13.2.9.2 Products/Solutions/Services Offered
13.2.9.3 Recent Developments
13.2.9.3.1 Deals
13.2.9.3.2 Other Developments
13.2.10 Nr Electric Co. Ltd.
13.2.10.1 Business Overview
13.2.10.2 Products/Solutions/Services Offered
13.3 Other Players
13.3.1 Sumitomo Electric Industries, Ltd.
13.3.2 Zaporozhtransformator
13.3.3 Trench Group
13.3.4 Taihan Cable & Solution Co. Ltd.
13.3.5 American Semiconductor, Inc.
13.3.6 Ztt
13.3.7 Tbea Co. Ltd.
13.3.8 Efacec
13.3.9 Sieyuan Electric Co. Ltd.
13.3.10 Xj Electric Co. Ltd.
13.3.11 Btw
13.3.12 Cg Power & Industrial Solutions Ltd.
13.3.13 Sgb Smit
13.3.14 C-Epri Electric Power Engineering Co. Ltd.
13.3.15 Hyosung Heavy Industries

14.1 Insights from Industry Experts
14.2 Discussion Guide
14.3 Knowledgestore: The Subscription Portal
14.4 Customization Options

Table 1 Hvdc Transmission Market: Role of Key Players in Hvdc Transmission Ecosystem
Table 2 Average Selling Price Trend of Components, by Key Player, 2021-2024 (USD Million)
Table 3 Average Selling Price Trend of Components, by Region, 2021-2024 (USD Million)
Table 4 List of Patents in Hvdc Transmission Market, 2023-2025
Table 5 Hvdc Transmission Market: Porter's Five Forces Analysis
Table 6 Influence of Stakeholders on Buying Process for Top Applications (%)
Table 7 Key Buying Criteria, by Application
Table 8 Import Data for HS Code 8504-Compliant Products, by Country, 2020-2024 (USD Million)
Table 9 Export Data for HS Code 8504-Compliant Products, by Country, 2020-2024 (USD Million)
Table 10 MFN Tariff for HS Code 8504-Compliant Products Exported by Germany, 2024
Table 11 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 RoW: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 Hvdc Transmission Market: Detailed List of Conferences and Events, 2025-2026
Table 16 US-Adjusted Reciprocal Tariff Rates
Table 17 Hvdc Transmission Market, by Project Type, 2021-2024 (USD Million)
Table 18 Hvdc Transmission Market, by Project Type, 2025-2030 (USD Million)
Table 19 Point-To-Point Transmission: Hvdc Transmission Market, by Technology, 2021-2024 (USD Million)
Table 20 Point-To-Point Transmission: Hvdc Transmission Market, by Technology, 2025-2030 (USD Million)
Table 21 Point-To-Point Transmission: Hvdc Transmission Market, by Application, 2021-2024 (USD Million)
Table 22 Point-To-Point Transmission: Hvdc Transmission Market, by Application, 2025-2030 (USD Million)
Table 23 Point-To-Point Transmission: Hvdc Transmission Market for Bulk Power Transmission, by Application, 2021-2024 (USD Million)
Table 24 Point-To-Point Transmission: Hvdc Transmission Market for Bulk Power Transmission, by Application, 2025-2030 (USD Million)
Table 25 Hvdc Transmission Market, by Point-To-Point Transmission Project Type, 2021-2024 (USD Million)
Table 26 Hvdc Transmission Market, by Point-To-Point Transmission Project Type, 2025-2030 (USD Million)
Table 27 Point-To-Point Transmission: Hvdc Transmission Market for Monopolar Transmission Systems, by Technology, 2021-2024 (USD Million)
Table 28 Point-To-Point Transmission: Hvdc Transmission Market for Monopolar Transmission Systems, by Technology, 2025-2030 (USD Million)
Table 29 Point-To-Point Transmission: Hvdc Transmission Market for Bipolar Transmission Systems, by Technology, 2021-2024 (USD Million)
Table 30 Point-To-Point Transmission: Hvdc Transmission Market for Bipolar Transmission Systems, by Technology, 2025-2030 (USD Million)
Table 31 Back-To-Back Stations: Hvdc Transmission Market, by Technology, 2021-2024 (USD Million)
Table 32 Back-To-Back Stations: Hvdc Transmission Market, by Technology, 2025-2030 (USD Million)
Table 33 Back-To-Back Stations: Hvdc Transmission Market, by Application, 2021-2024 (USD Million)
Table 34 Back-To-Back Stations: Hvdc Transmission Market, by Application, 2025-2030 (USD Million)
Table 35 Back-To-Back Stations: Hvdc Transmission Market for Bulk Power Transmission, by Application, 2021-2024 (USD Million)
Table 36 Back-To-Back Stations: Hvdc Transmission Market for Bulk Power Transmission, by Application, 2025-2030 (USD Million)
Table 37 Multi-Terminal Systems: Hvdc Transmission Market, by Technology, 2021-2024 (USD Million)
Table 38 Multi-Terminal Systems: Hvdc Transmission Market, by Technology, 2025-2030 (USD Million)
Table 39 Multi-Terminal Systems: Hvdc Transmission Market, by Application, 2021-2024 (USD Million)
Table 40 Multi-Terminal Systems: Hvdc Transmission Market, by Application, 2025-2030 (USD Million)
Table 41 Multi-Terminal Systems: Hvdc Transmission Market for Bulk Power Transmission, by Application, 2021-2024 (USD Million)
Table 42 Multi-Terminal Systems: Hvdc Transmission Market for Bulk Power Transmission, by Application, 2025-2030 (USD Million)
Table 43 Hvdc Transmission Market, by Application, 2021-2024 (USD Million)
Table 44 Hvdc Transmission Market, by Application, 2025-2030 (USD Million)
Table 45 Bulk Power Transmission: Hvdc Transmission Market, by Project Type, 2021-2024 (USD Million)
Table 46 Bulk Power Transmission: Hvdc Transmission Market, by Project Type, 2025-2030 (USD Million)
Table 47 Hvdc Transmission Market, by Bulk Power Transmission Application, 2021-2024 (USD Million)
Table 48 Hvdc Transmission Market, by Bulk Power Transmission Application, 2025-2030 (USD Million)
Table 49 Overhead: Bulk Power Hvdc Transmission Market, by Project Type, 2021-2024 (USD Million)
Table 50 Overhead: Bulk Power Hvdc Transmission Market, by Project Type, 2025-2030 (USD Million)
Table 51 Underwater & Underground: Bulk Power Hvdc Transmission Market, by Project Type, 2021-2024 (USD Million)
Table 52 Underwater & Underground: Bulk Power Hvdc Transmission Market, by Project Type, 2025-2030 (USD Million)
Table 53 Interconnecting Grids: Hvdc Transmission Market, by Project Type, 2021-2024 (USD Million)
Table 54 Interconnecting Grids: Hvdc Transmission Market, by Project Type, 2025-2030 (USD Million)
Table 55 Infeed Urban Areas: Hvdc Transmission Market, by Project Type, 2021-2024 (USD Million)
Table 56 Infeed Urban Areas: Hvdc Transmission Market, by Project Type, 2025-2030 (USD Million)
Table 57 Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 58 Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 59 Converter Stations: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 60 Converter Stations: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 61 Converter Stations: Hvdc Transmission Market, by Region, 2021-2024 (USD Million)
Table 62 Converter Stations: Hvdc Transmission Market, by Region, 2025-2030 (USD Million)
Table 63 Converter Stations: Hvdc Transmission Market in North America, by Country, 2021-2024 (USD Million)
Table 64 Converter Stations: Hvdc Transmission Market in North America, by Country, 2025-2030 (USD Million)
Table 65 Converter Stations: Hvdc Transmission Market in Europe, by Country, 2021-2024 (USD Million)
Table 66 Converter Stations: Hvdc Transmission Market in Europe, by Country, 2025-2030 (USD Million)
Table 67 Converter Stations: Hvdc Transmission Market in Asia-Pacific, by Country, 2021-2024 (USD Million)
Table 68 Converter Stations: Hvdc Transmission Market in Asia-Pacific, by Country, 2025-2030 (USD Million)
Table 69 Converter Stations: Hvdc Transmission Market in RoW, by Region, 2021-2024 (USD Million)
Table 70 Converter Stations: Hvdc Transmission Market in RoW, by Region, 2025-2030 (USD Million)
Table 71 Valves: Hvdc Transmission Market, by Type, 2021-2024 (USD Million)
Table 72 Valves: Hvdc Transmission Market, by Type, 2025-2030 (USD Million)
Table 73 Transmission Cables: Hvdc Transmission Market, by Region, 2021-2024 (USD Million)
Table 74 Transmission Cables: Hvdc Transmission Market, by Region, 2025-2030 (USD Million)
Table 75 Transmission Cables: Hvdc Transmission Market in North America, by Country, 2021-2024 (USD Million)
Table 76 Transmission Cables: Hvdc Transmission Market in North America, by Country, 2025-2030 (USD Million)
Table 77 Transmission Cables: Hvdc Transmission Market in Europe, by Country, 2021-2024 (USD Million)
Table 78 Transmission Cables: Hvdc Transmission Market in Europe, by Country, 2025-2030 (USD Million)
Table 79 Transmission Cables: Hvdc Transmission Market in Asia-Pacific, by Country, 2021-2024 (USD Million)
Table 80 Transmission Cables: Hvdc Transmission Market in Asia-Pacific, by Country, 2025-2030 (USD Million)
Table 81 Transmission Cables: Hvdc Transmission Market in RoW, by Region, 2021-2024 (USD Million)
Table 82 Transmission Cables: Hvdc Transmission Market in RoW, by Region, 2025-2030 (USD Million)
Table 83 Other Components: Hvdc Transmission Market, by Region, 2021-2024 (USD Million)
Table 84 Other Components: Hvdc Transmission Market, by Region, 2025-2030 (USD Million)
Table 85 Other Components: Hvdc Transmission Market in North America, by Country, 2021-2024 (USD Million)
Table 86 Other Components: Hvdc Transmission Market in North America, by Country, 2025-2030 (USD Million)
Table 87 Other Components: Hvdc Transmission Market in Europe, by Country, 2021-2024 (USD Million)
Table 88 Other Components: Hvdc Transmission Market in Europe, by Country, 2025-2030 (USD Million)
Table 89 Other Components: Hvdc Transmission Market in Asia-Pacific, by Country, 2021-2024 (USD Million)
Table 90 Other Components: Hvdc Transmission Market in Asia-Pacific, by Country, 2025-2030 (USD Million)
Table 91 Other Components: Hvdc Transmission Market in RoW, by Region, 2021-2024 (USD Million)
Table 92 Other Components: Hvdc Transmission Market in RoW, by Region, 2025-2030 (USD Million)
Table 93 Hvdc Transmission Market, by Technology, 2021-2024 (USD Million)
Table 94 Hvdc Transmission Market, by Technology, 2025-2030 (USD Million)
Table 95 Hvdc Transmission Market, by Technology, 2021-2024 (Mw)
Table 96 Transmission Market, by Technology, 2025-2030 (Mw)
Table 97 Line Commutated Converter (Lcc): Hvdc Transmission Market, by Project Type, 2021-2024 (USD Million)
Table 98 Line Commutated Converter (Lcc): Hvdc Transmission Market, by Project Type, 2025-2030 (USD Million)
Table 99 Line Commutated Converter (Lcc): Hvdc Transmission Market for Point-To-Point Project Type, 2021-2024 (USD Million)
Table 100 Line Commutated Converter (Lcc): Hvdc Transmission Market for Point-To-Point Project Type, 2025-2030 (USD Million)
Table 101 Hvdc Transmission Market, by Line Commutated Converter (Lcc) Technology, 2021-2024 (USD Million)
Table 102 Hvdc Transmission Market, by Line Commutated Converter (Lcc) Technology Type, 2025-2030 (USD Million)
Table 103 Voltage Source Converter (Vsc): Hvdc Transmission Market, by Project Type, 2021-2024 (USD Million)
Table 104 Voltage Source Converter (Vsc): Hvdc Transmission Market, by Project Type, 2025-2030 (USD Million)
Table 105 Voltage Source Converter (Vsc): Hvdc Transmission Market for Point-To-Point Transmission Project Type, 2021-2024 (USD Million)
Table 106 Voltage Source Converter (Vsc): Hvdc Transmission Market for Point-To-Point Transmission Project Type, 2025-2030 (USD Million)
Table 107 Hvdc Transmission Market, by Voltage Source Converter (Vsc) Technology Type, 2021-2024 (USD Million)
Table 108 Hvdc Transmission Market, by Voltage Source Converter (Vsc) Technology Type, 2025-2030 (USD Million)
Table 109 Capacitor Commutated Converter (Ccc): Hvdc Transmission Market, by Project Type, 2021-2024 (USD Million)
Table 110 Capacitor Commutated Converter (Ccc): Hvdc Transmission Market, by Project Type, 2025-2030 (USD Million)
Table 111 Hvdc Transmission Market, by Region, 2021-2024 (USD Million)
Table 112 Hvdc Transmission Market, by Region, 2025-2030 (USD Million)
Table 113 North America: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 114 North America: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 115 North America: Hvdc Transmission Market, by Country, 2021-2024 (USD Million)
Table 116 North America: Hvdc Transmission Market, by Country, 2025-2030 (USD Million)
Table 117 US: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 118 US: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 119 Canada: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 120 Canada: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 121 Mexico: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 122 Mexico: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 123 Europe: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 124 Europe: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 125 Europe: Hvdc Transmission Market, by Country, 2021-2024 (USD Million)
Table 126 Europe: Hvdc Transmission Market, by Country, 2025-2030 (USD Million)
Table 127 UK: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 128 UK: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 129 Germany: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 130 Germany: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 131 France: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 132 France: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 133 Italy: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 134 Italy: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 135 Spain: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 136 Spain: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 137 Poland: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 138 Poland: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 139 Nordics: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 140 Nordics: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 141 Rest of Europe: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 142 Rest of Europe: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 143 Asia-Pacific: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 144 Asia-Pacific: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 145 Asia-Pacific: Hvdc Transmission Market, by Country, 2021-2024 (USD Million)
Table 146 Asia-Pacific: Hvdc Transmission Market, by Country, 2025-2030 (USD Million)
Table 147 China: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 148 China: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 149 Japan: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 150 Japan: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 151 South Korea: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 152 South Korea: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 153 India: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 154 India: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 155 Australia: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 156 Australia: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 157 Indonesia: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 158 Indonesia: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 159 Malaysia: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 160 Malaysia: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 161 Thailand: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 162 Thailand: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 163 Vietnam: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 164 Vietnam: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 165 Rest of Asia-Pacific: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 166 Rest of Asia-Pacific: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 167 RoW: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 168 RoW: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 169 RoW: Hvdc Transmission Market, by Region, 2021-2024 (USD Million)
Table 170 RoW: Hvdc Transmission Market, by Region, 2025-2030 (USD Million)
Table 171 Middle East: Hvdc Transmission Market, by Country, 2021-2024, (USD Million)
Table 172 Middle East: Hvdc Transmission Market, by Country, 2025-2030, (USD Million)
Table 173 Middle East: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 174 Middle East: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 175 Africa: Hvdc Transmission Market, by Country, 2021-2024, (USD Million)
Table 176 Africa: Hvdc Transmission Market, by Country, 2025-2030, (USD Million)
Table 177 Africa: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 178 Africa: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 179 South America: Hvdc Transmission Market, by Component, 2021-2024 (USD Million)
Table 180 South America: Hvdc Transmission Market, by Component, 2025-2030 (USD Million)
Table 181 Overview of Strategies Adopted by Key Players, 2020-2025
Table 182 Hvdc Transmission Market: Degree of Competition, 2024
Table 183 Region Footprint
Table 184 Component Footprint
Table 185 Application Footprint
Table 186 Project Type Footprint
Table 187 Hvdc Transmission Market: Detailed List of Key Startups/SMEs
Table 188 Startups/SMEs Footprint, by Component
Table 189 Startups/SMEs Footprint, by Application
Table 190 Startups/SMEs Footprint, by Project Type
Table 191 Startups/SMEs Footprint, by Region
Table 192 Hvdc Transmission Market: Product Launches, January 2022- July 2025
Table 193 Hvdc Transmission Market: Deals, January 2022- July 2025
Table 194 Hvdc Transmission Market: Other Developments, January 2022- July 2025
Table 195 Hitachi, Ltd.: Company Overview
Table 196 Hitachi, Ltd.: Products/Solutions/Services Offered
Table 197 Hitachi, Ltd.: Deals
Table 198 Hitachi, Ltd.: Other Developments
Table 199 Siemens Energy: Company Overview
Table 200 Siemens Energy: Products/Solutions/Services Offered
Table 201 Siemens Energy: Deals
Table 202 Siemens Energy: Other Developments
Table 203 Mitsubishi Electric Corporation: Company Overview
Table 204 Mitsubishi Electric Corporation: Products/Solutions/Services Offered
Table 205 Mitsubishi Electric Corporation: Deals
Table 206 Mitsubishi Electric Corporation: Other Developments
Table 207 GE Vernova: Company Overview
Table 208 GE Vernova: Products/Solutions/Services Offered
Table 209 GE Vernova: Deals
Table 210 GE Vernova: Other Developments
Table 211 Prysmian Group: Company Overview
Table 212 Prysmian Group: Products/Solutions/Services Offered
Table 213 Prysmian Group: Product Launches
Table 214 Prysmian Group: Deals
Table 215 Prysmian Group: Other Developments
Table 216 Toshiba Corporation: Company Overview
Table 217 Toshiba Corporation: Products/Solutions/Services Offered
Table 218 Toshiba Corporation: Deals
Table 219 Toshiba Corporation: Other Developments
Table 220 Nkt A/S: Company Overview
Table 221 Nkt A/S: Products/Solutions/Services Offered
Table 222 Nkt A/S: Deals
Table 223 Nkt A/S: Other Developments
Table 224 Nexans: Company Overview
Table 225 Nexans: Products/Solutions/Services Offered
Table 226 Nexans: Deals
Table 227 Nexans: Other Developments
Table 228 Ls Electric Co. Ltd.: Company Overview
Table 229 Ls Electric Co. Ltd.: Products/Solutions/Services Offered
Table 230 Ls Electric Co. Ltd.: Deals
Table 231 Ls Electric Co. Ltd.: Other Developments
Table 232 Nr Electric Co. Ltd.: Company Overview
Table 233 Nr Electric Co. Ltd.: Products/Solutions/Services Offered

Figure 1 Hvdc Transmission Market Segmentation and Regional Scope
Figure 2 Hvdc Transmission Market: Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Market Size Estimation: Demand-Side Analysis
Figure 6 Market Size Estimation: Supply-Side Analysis
Figure 7 Data Triangulation
Figure 8 Hvdc Transmission Market, 2021-2030
Figure 9 Converter Stations Segment to Dominate Market in 2025
Figure 10 Point-To-Point Segment to Capture Largest Market Share in 2030
Figure 11 Line Commutated Coverter (Lcc) Segment to Secure Largest Market Share in 2030
Figure 12 Bulk Power Transmission Segment to Command Largest Market Share in 2030
Figure 13 Asia-Pacific to Register Highest CAGR During Forecast Period
Figure 14 Transition Toward Renewable Energy Sources to Support Market Growth
Figure 15 Converter Stations Segment to Capture Largest Market Share in 2030
Figure 16 Line Commutated Converter (Lcc) Segment to Dominate Market in 2030
Figure 17 Point-To-Point Segment to Secure Largest Market Share in 2030
Figure 18 Bulk Power Transmission Segment to Lead Market in 2030
Figure 19 Converter Station and China Held Largest Shares of Hvdc Transmission Market in Asia-Pacific in 2024
Figure 20 China to Register Highest CAGR During Forecast Period
Figure 21 Hvdc Transmission Market: Market Dynamics
Figure 22 Electricity Consumption, by Region, 2021-2024
Figure 23 Impact Analysis of Drivers on Hvdc Transmission Market
Figure 24 Impact Analysis of Restraints on Hvdc Transmission Market
Figure 25 Impact Analysis of Opportunities on Hvdc Transmission Market
Figure 26 Impact Analysis of Challenges on Hvdc Transmission Market
Figure 27 Hvdc Transmission Market: Supply Chain Analysis
Figure 28 Hvdc Transmission Market: Ecosystem Mapping
Figure 29 Investment and Funding Scenario, 2021-2025
Figure 30 Average Selling Price Trend of Components, by Key Player, 2021-2024
Figure 31 Average Selling Price Trend of Components, by Region, 2021-2024
Figure 32 Number of Patents Granted in Hvdc Transmission Market, 2015-2024
Figure 33 Hvdc Transmission Market: Porter's Five Forces Analysis
Figure 34 Influence of Stakeholders on Top Applications
Figure 35 Key Buying Criteria for Top Applications
Figure 36 Import Data for HS Code 8504-Compliant Products, by Country, 2020-2024
Figure 37 Export Data for HS Code 8504-Compliant Products, by Country, 2020-2024
Figure 38 Trends/Disruptions Impacting Customer Business
Figure 39 Impact of AI on Hvdc Transmission Market
Figure 40 Point-To-Point Segment to Capture Largest Market Share in 2025
Figure 41 Bulk Power Transmission Segment to Account for Largest Market Share in 2030
Figure 42 Converter Stations Segment to Capture Largest Market Share in 2030
Figure 43 Line Commutated Converter (Lcc) Segment to Account for Largest Share of Hvdc Transmission Market from 2025 to 2030
Figure 44 Asia-Pacific to be Fastest-Growing Region During Forecast Period
Figure 45 North America: Hvdc Transmission Market Snapshot
Figure 46 Europe: Hvdc Transmission Market Snapshot
Figure 47 Asia-Pacific: Hvdc Transmission Market Snapshot
Figure 48 Hvdc Transmission Market: Market Share Analysis, 2024
Figure 49 Revenue Analysis of Key Players in Hvdc Transmission Market, 2020-2024
Figure 50 Company Valuation, 2025
Figure 51 Financial Metrics, 2025
Figure 52 Brand/Product Comparison
Figure 53 Company Evaluation Matrix: Key Players, 2024
Figure 54 Overall Company Footprint
Figure 55 Company Evaluation Matrix: Startups/SMEs, 2024
Figure 56 Hitachi, Ltd.: Company Snapshot
Figure 57 Siemens Energy: Company Snapshot
Figure 58 Mitsubishi Electric Corporation: Company Snapshot
Figure 59 GE Vernova: Company Snapshot
Figure 60 Prysmian Group: Company Snapshot
Figure 61 Nkt A/S: Company Snapshot
Figure 62 Nexans: Company Snapshot
Figure 63 Ls Electric Co. Ltd.: Company Snapshot