Product Code: IRTNTR44893
Technavio has been monitoring the HVDC converter stations market and it is poised to grow by $ 3.36 bn during 2020-2024 progressing at a CAGR of 14% during the forecast period. Our reports on HVDC converter stations market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven increase in global power demand, increasing renewable power generation and technological advances in HVDC technology. In addition, increase in global power demand is anticipated to boost the growth of the market as well.
The HVDC converter stations market analysis includes technology segment and geographical landscapes
Technavio's ‘HVDC converter stations market ’ is segmented as below:
By Technology:
By Geographic Landscape:
- APAC
- Europe
- North America
- South America
- MEA
This study identifies the development of supergrid as one of the prime reasons driving the HVDC converter stations market growth during the next few years. Also, growing focus on energy efficiency and growing investment in T&D infrastructure will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our HVDC converter stations market covers the following areas:
- HVDC converter stations market sizing
- HVDC converter stations market forecast
- HVDC converter stations market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading HVDC converter stations market vendors that include ABB Ltd., Alstom Holdings SA, Bharat Heavy Electricals Ltd., General Electric Co., Hitachi Ltd., LS ELECTRIC Co. Ltd., Mitsubishi Electric Corp., NR Electric Co. Ltd., Siemens AG, and Toshiba Energy Systems & Solutions Corp.. Also, the HVDC converter stations market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Technology
- Market segments
- Comparison by Technology
- LCC - Market size and forecast 2019-2024
- VSC - Market size and forecast 2019-2024
- Market opportunity by Technology
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ABB Ltd.
- Alstom Holdings SA
- Bharat Heavy Electricals Ltd.
- General Electric Co.
- Hitachi Ltd.
- LS ELECTRIC Co. Ltd.
- Mitsubishi Electric Corp.
- NR Electric Co. Ltd.
- Siemens AG
- Toshiba Energy Systems & Solutions Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Exhibit
- 1: Key Finding 1
- 2: Key Finding 2
- 3: Key Finding 3
- 4: Key Finding 5
- 5: Key Finding 6
- 6: Key Finding 7
- 7: Key Finding 8
- 8: Parent market
- 9: Market characteristics
- 10: Offerings of vendors included in the market definition
- 11: Market segments
- 12: Global - Market size and forecast 2019 - 2024 ($ million)
- 13: Global market: Year-over-year growth 2019 - 2024 (%)
- 14: Five forces analysis 2019 & 2024
- 15: Bargaining power of buyers
- 16: Bargaining power of suppliers
- 17: Threat of new entrants
- 18: Threat of substitutes
- 19: Threat of rivalry
- 20: Market condition - Five forces 2019
- 21: Technology - Market share 2019-2024 (%)
- 22: Comparison by Technology
- 23: LCC - Market size and forecast 2019-2024 ($ million)
- 24: LCC - Year-over-year growth 2019-2024 (%)
- 25: VSC - Market size and forecast 2019-2024 ($ million)
- 26: VSC - Year-over-year growth 2019-2024 (%)
- 27: Market opportunity by Technology
- 28: Customer landscape
- 29: Market share by geography 2019-2024 (%)
- 30: Geographic comparison
- 31: APAC - Market size and forecast 2019-2024 ($ million)
- 32: APAC - Year-over-year growth 2019-2024 (%)
- 33: Europe - Market size and forecast 2019-2024 ($ million)
- 34: Europe - Year-over-year growth 2019-2024 (%)
- 35: North America - Market size and forecast 2019-2024 ($ million)
- 36: North America - Year-over-year growth 2019-2024 (%)
- 37: South America - Market size and forecast 2019-2024 ($ million)
- 38: South America - Year-over-year growth 2019-2024 (%)
- 39: MEA - Market size and forecast 2019-2024 ($ million)
- 40: MEA - Year-over-year growth 2019-2024 (%)
- 41: Key leading countries
- 42: Market opportunity by geography ($ million)
- 43: Impact of drivers and challenges
- 44: Vendor landscape
- 45: Landscape disruption
- 46: Industry risks
- 47: Vendors covered
- 48: Market positioning of vendors
- 49: ABB Ltd. - Overview
- 50: ABB Ltd. - Business segments
- 51: ABB Ltd. - Key offerings
- 52: ABB Ltd. - Key customers
- 53: ABB Ltd. - Segment focus
- 54: Alstom Holdings SA - Overview
- 55: Alstom Holdings SA - Business segments
- 56: Alstom Holdings SA - Key offerings
- 57: Alstom Holdings SA - Key customers
- 58: Alstom Holdings SA - Segment focus
- 59: Bharat Heavy Electricals Ltd. - Overview
- 60: Bharat Heavy Electricals Ltd. - Business segments
- 61: Bharat Heavy Electricals Ltd. - Key offerings
- 62: Bharat Heavy Electricals Ltd. - Key customers
- 63: Bharat Heavy Electricals Ltd. - Segment focus
- 64: General Electric Co. - Overview
- 65: General Electric Co. - Business segments
- 66: General Electric Co. - Key offerings
- 67: General Electric Co. - Key customers
- 68: General Electric Co. - Segment focus
- 69: Hitachi Ltd. - Overview
- 70: Hitachi Ltd. - Business segments
- 71: Hitachi Ltd. - Key offerings
- 72: Hitachi Ltd. - Key customers
- 73: Hitachi Ltd. - Segment focus
- 74: LS ELECTRIC Co. Ltd. - Overview
- 75: LS ELECTRIC Co. Ltd. - Business segments
- 76: LS ELECTRIC Co. Ltd. - Key offerings
- 77: LS ELECTRIC Co. Ltd. - Key customers
- 78: LS ELECTRIC Co. Ltd. - Segment focus
- 79: Mitsubishi Electric Corp. - Overview
- 80: Mitsubishi Electric Corp. - Business segments
- 81: Mitsubishi Electric Corp. - Key offerings
- 82: Mitsubishi Electric Corp. - Key customers
- 83: Mitsubishi Electric Corp. - Segment focus
- 84: NR Electric Co. Ltd. - Overview
- 85: NR Electric Co. Ltd. - Product and service
- 86: NR Electric Co. Ltd. - Key offerings
- 87: NR Electric Co. Ltd. - Key customers
- 88: NR Electric Co. Ltd. - Segment focus
- 89: Siemens AG - Overview
- 90: Siemens AG - Business segments
- 91: Siemens AG - Key offerings
- 92: Siemens AG - Key customers
- 93: Siemens AG - Segment focus
- 94: Toshiba Energy Systems & Solutions Corp. - Overview
- 95: Toshiba Energy Systems & Solutions Corp. - Product and service
- 96: Toshiba Energy Systems & Solutions Corp. - Key offerings
- 97: Toshiba Energy Systems & Solutions Corp. - Key customers
- 98: Toshiba Energy Systems & Solutions Corp. - Segment focus
- 99: Currency conversion rates for US$
- 100: Research Methodology
- 101: Validation techniques employed for market sizing
- 102: Information sources
- 103: List of abbreviations
