HVDC Transmission Market Outlook, Opportunity, Overview, Segmentations, Types and Forecast 2017 - 2025

 

HVDC Transmission

High voltage direct current (HVDC) is used in long distance transmission. HVDC power transmission systems use direct current for electricity transmission. Due to the direct current (DC), HVDC systems asynchronously connect power grids in that specific area which eliminate various outage- causing issues. High voltage direct current (HVDC) transmission systems are less expensive for long distance electricity transmission and they also produce lower electrical losses. HVDC systems enable transmission of power generated from solar panels and wind plants which are at long distances.

Get Boucher Copy of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=34232 

The interconnection of HVDC and the AC grid has toughened the reliability and capacity of power grids. Growing electricity consumption is one the primary factors driving the global HVDC transmission market. Population is increasing rapidly, thereby increasing the electricity consumption. More and more electrically powered devices are currently being used.

To reduce fossil fuels and carbon emissions are being substituted by new technologies which also cause higher electricity consumption. Growing need for cable based transmission instead of transmission through overhead lines is the other factor responsible for the growth of the global HVDC transmission market. Overhead transmission lines are not insulated and hence the risk of human safety is high. Cable based transmission lines require insulation so that the live cables do not touch the earth and get shorted, and hence the adoption of cable based transmission lines is increasing, thereby boosting the growth of the HVDC transmission market.

Electricity transmission through such lines results in much lower transmission losses due to high voltage during transmission and the nature of direct current, and hence the adoption of high voltage direct current (HVDC) transmission is increasing significantly. Requirement of lesser space for the towers carrying HVDC transmission lines is also one of the key factors driving the global HVDC transmission market.

Get Special Price: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=34232 

Power faults during short circuits in the AC power system may hamper the growth of the global HVDC transmission market. The global HVDC transmission market can be segmented by components, converter type, type of cable, power rating, and geography. On the basis of components, the market can be segmented by converters, cables, transformers, and other. On the basis of converter type, the HVDC market can be segmented by voltage source converter (VSC), current source converter (CSC), line commutate converter (LCC), and ultra-high voltage direct current (UHVDC).

Line commutate converter (LCC) segment is expected to expand significantly owing to the characteristics of line commutate converter to reduce power losses in HVDC transmission. In terms of type of cable, the global HVDC transmission market can be divided into underground cables, overhead conductors, and submarine cables. On the basis of power rating, the market can be segmented by below 500 MW, 501–1000 MW, 1001–1500 MW, 1501–2000 MW, and above 2001 MW.

Geographically, the global HVDC transmission market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Numerous companies are investing on upgrading aging infrastructure which is boosting the growth of HVDC transmission systems in American countries. In the Asia Pacific region, China and India are anticipated to be the major contributors to the growth of the regional HVDC transmission market during the forecast period owing to the increasing population, growing power consumption, and aging infrastructure.

Buy Now: https://www.transparencymarketresearch.com/checkout.php?rep_id=34232&ltype=S 

The global HVDC transmission market includes large number of players. Some of the key players are ABB Ltd., Siemens AG, American Superconductor Corp., General Electric, ATCO Electric Ltd., HVDC Technologies Ltd., Hitachi Ltd., C-Epri Electric Power Engineering Co. Ltd, Mitsubishi Electric Corporation, Epcos, Toshiba Corporation, and Transgrid Solutions, Inc.

More Related Reports by TMR: 

Zero Liquid Discharge Market: https://www.transparencymarketresearch.com/zero-liquid-discharge-systems-market.html

Unconventional Gas Market: https://www.transparencymarketresearch.com/unconventional-gas.html

Biochar Market: https://www.transparencymarketresearch.com/us-biochar-market.html

Coco Peat Market: https://www.transparencymarketresearch.com/coco-peat-market.html

Energy Storage Systems Market: https://www.transparencymarketresearch.com/energy-storage-systems-market.html

Silicon Transformer Oil Market: https://www.transparencymarketresearch.com/silicon-transformer-oil-market.html

Recycled Plastic & Plastic Waste to Oil Market: https://www.transparencymarketresearch.com/recycled-plastics-plastic-waste-oil-market.html

Biomethane Market: https://www.transparencymarketresearch.com/europe-biomethane-market.html

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Contact Us

Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

 


Comments

Post a Comment

Popular posts from this blog

Generator (Up to 20 kVA) Market Technology, Future Trends, Opportunities, Growth Factors, Demand, and Trends

Image
Global Generator (Up to 20 kVA) Market: Key Highlights ·          The global  generator (up to 20 kVA) market  was valued at  ~US$ 2.2 Bn in 2018,  and is anticipated to expand at a CAGR of  5.5%  during the forecast period. ·          Among the fuel types, the diesel segment accounted for a major share of the global generator (up to 20 kVA) market in  2018.  Diesel generators are the primarily employed generators across the globe. ·          Among the power ratings, the 16 kVA - 20 kVA segment held a significant share of the global generator (up to 20 kVA) market in  2018,  due to the high use of 16 kVA – 20 kVA generators and flexibility in fuel usage, ease of installation, and diverse range of applications offered by these generators in commercial and small industrial sectors across the world. ·   ...
Read more

Re-refined Lubricant Market Recent Trends, Growth Analysis Report, Insights, Outlook, Industry Analysis and Forecasts 2031

Image
  Re-refined Lubricant: Introduction Lubricants are imperative for smooth functioning and operation of mechanical devices and equipment. Several lubricants are used in industrial and automotive applications, namely engine oils, transmission oils, gear oils, transformer oils, and turbine oils. These  lubricants , which are 85% base oils and 15% additives, keep friction between contacting surfaces low and improve their lifespan. These lubricants are often collected and processed at the end of their lifespan. Most of the used lubricants, post collection, are used as fuel; however, some of these are cleaned, processed, and fractionated. The re-refining process initiates with the collection of waste lube oils. Solid contaminants and water are removed from the collected lube oils. The mixture is then made ready for further processing. This mixture is distilled to eliminate low hydrocarbons and solvents. Waste lubricating oil consists of toxic wastes in large amounts. Disposal of tox...
Read more

Non-leather Products Market Growth, Analysis, Opportunities and Top Companies and Business Development Forecast

Image
  With rising awareness about animal cruelty and strict regulatory policies issued by the governmental and regulatory authorities, the non-leather products market is expected to witness a highly promising growth. There are several other materials that are used in place of non-leather products such as artificial leather (also called as synthetic or vegan leather) along with other materials. These non-leather materials are mainly promoted to promote animal safety and eliminating animal cruelty. Get a Sample Copy of the Report:  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=61836   Non-leather materials are typically used across several application industries such as upholstery, footwear, clothing, and fabric among others. These materials provide leather like finish and higher sustainability. It is cost efficient that the actual leather product and also suitable for other related tasks. In recent years, the production process has evolved ...
Read more