HVDC Converter Station Market Analysis Report and Forecast Upto 2022
The new research report on HVDC Converter Station Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast Upto 2022.
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The report on global HVDC converter station market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2015–2022. The market size in terms of revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints).
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The report classifies the market into different segments based on type, technology and application. These segments are studied in detail incorporating the market estimates and forecasts at regional and country level. The segment analysis is useful in understanding the growth areas and probable opportunities of the market.
A. Drivers :
– Increasing adoption of efficient power transmission systems
– Rising number of offshore wind farm
B. Restraints :
– High initial cost
– Lack of investment in grid infrastructure by power utilities
The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved. The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
C. Major player assessed in the report are :
– ABB Ltd.
– American Superconductor
– General Electric
– Hitachi, Ltd.
– Nexans SA
– NR Electric Co., Ltd.
– Prysmian Group
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
D. SEGMENTATIONS IN THE REPORT :
1. By Type :
2. By Technology :
– Commutated Converters (LCC)
– Voltage Source Converters (VSC)
3. By Applications :
– Powering Island And Remote Loads
– Underground Power Links
– Connecting Wind Forms
– Interconnecting Networks
– Bulk Power Transmissions
– Grid Access For Offshore Applications
– Long Distance Transmission Via Cables
– Oil & Gas Platforms
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