HVDC Power Supply Market was worth US$ 2786.74 Mn. in 2022 and overall revenue is anticipated to rise at a rate of 4 % from 2022 to 2029, reaching almost US$ 3667.16 Mn.HVDC Power Supply Market Overview:
The HVDC power supply is an electronic instrument that transfers electric energy from a power frequency network into a high-voltage power supply. Increase in the number of feed-in nodes, the complexity of electrical devices increases as system extension supply increases. When the flow rate reaches the construction requirements, this raises the likelihood of temporary and complete outages. By flipping a distant or change control signal, HVDC may automatically alter the input polarity, preventing blackouts in these schemes, which are also expected to enhance item supply.To know about the Research Methodology :- Request Free Sample Report 2022 is considered as a base year to forecast the market from 2023 to 2029. 2022 market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2029. 2022 is a year of exception and analysed specially with the impact of lockdown by region.
HVDC Power Supply Market Dynamics:
The increase in the number of feed-in nodes, the complexity of electric systems increases as a result of the surge in demand for grid expansion. This increases the risk of partial and total blackouts, which occur when supply flow exceeds design parameters. With the flip of a remote or switch control signal, HVDC may immediately reverse the output polarity, eliminating blackouts in these systems, which are expected to boost Voltage demand. The complexity of designing and operating a multi-terminal HVDC system could be a major obstacle to expansion. Furthermore, the increased necessity for the installation of costly filter-compensation systems to address concerns arising from reactive power consumption could stymie expansion over the forecast period. The global adoption of HVDC transmission systems is likely to grow as demand for innovations in underwater HVDC transmission grow. Because of the increased focus on power deals between countries, underwater electricity transmission is growing rapidly. Offshore developments, like wind farms and offshore oil and gas projects, offer significant commercial potential for HVDC automation around the globe.HVDC Power Supply Market Segment Analysis:
Based on Voltage, the market is segmented into 1000V, 1000-4000V, and more than 4000V. In 2022, more than 4,000 V segment held largest market share of 45%, a figure that is expected to rise over the forecast period. This is partly due to rising demand for offshore facilities such as oil and gas platforms, as well as expanding telecommunication infrastructure, both of which depend on this voltage range to deliver adequate supply to desired locations. In 2021, the 1,000-4,000V segment held market share of 30% of total revenue. This is due to advantages such as lower costs compared to products with more than 4,000V, as well as the capacity to deliver power over medium-to-long distances. During the forecast period, the less than 1,000V category is expected to grow at a CAGR of more than 7.0 %. Based on Application, the market is segmented into Telecommunication, Medical, Industrial, Oil and Gas. In 2022, the industrial sector held market share of 40%. Factors attributing to growth of segment are rising demand for HVDC for equipment production and other associated operations. Rapid industrialization, especially in emerging nations like India and China, along with government attempts to build high-voltage DC converter stations, might boost demand across the industrial industry. Because of the advantages afforded by HVDC supply, including as reliable and long-distance transmission with minimal loss, the telecommunication market is predicted to grow at a CAGR of over 5.0 % to 2022. Rapid infrastructure development as a result of widespread internet use, along with rising demand for high-speed and large-scale broadband services, might propel the market forward.
HVDC Power Supply Market Regional Insights:
In 2022, Europe held largest market share of 30% of global revenue. Due to increased government restrictions encouraging the use of renewable energy resources and energy conservation, the region is likely to have strong growth. North America is expected to grow significantly over forecast period, thanks to new laws in the United States aimed at achieving an efficient energy supply in the face of rising electricity demand. The Asia Pacific accounted for more than 20% of total sales. Due to the necessity to convey bulk energy with the fewest possible conversion points, the region is likely to grow rapidly. The expansion of manufacturing facilities, as well as the development of telecommunication infrastructure may accelerate regional growth. North America is expected to grow significant growth of xx% over forecast period, owing to new U.S. policies for achieving effective power generation in the face of rising electricity demand. In recent years, Asia Pacific has contributed a little percentage of overall income. Because of the requirement to transport mass energy at low transformation rates, the region is expected to grow rapidly. The expansion of telecommunications infrastructure and the increase in manufacturing installations may accelerate national growth. The objective of the report is to present a comprehensive analysis of the global HVDC Power Supply Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global HVDC Power Supply Market dynamics, structure by analyzing the market segments and projects the global HVDC Power Supply Market size. Clear representation of competitive analysis of key players by Voltage, price, financial position, Voltage portfolio, growth strategies, and regional presence in the global HVDC Power Supply Market make the report investor’s guide.HVDC Power Supply Market Scope: Inquire before buying
Global HVDC Power Supply Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US$ 2786.74 Mn Forecast Period 2023 to 2029 CAGR: 4 Market Size in 2029: US$ 3667.16 Mn Segments Covered: by Voltage 1000V 1000-4000V More than 4000V by Application Telecommunication Industrial Medical Oil & Gas HVDC Power Supply Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)HVDC Power Supply Market key Players:
1. ABB 2. AHV 3. American Power Design 4. Applied Kilovolts 5. Excelitas Technologies 6. General Electric 7. Glassman Europe 8. Hamamatsu 9. Hi-Tek Power 10.HVM Technology 11.Matsusada Precision 12.Nippon Telegraph and Telephone 13.Pico Electronics 14.Siemens 15.Spellman High Voltage Electronics 16.Toshiba 17.UltraVol 18.XP Power Frequently Asked Questions: 1. Which region has the largest share in Global HVDC Power Supply Market? Ans: Europe region holds the highest share in 2022. 2. What is the growth rate of Global HVDC Power Supply Market? Ans: The Global HVDC Power Supply Market is growing at a CAGR of 4% during forecasting period 2023-2029. 3. What is scope of the Global HVDC Power Supply market report? Ans: Global HVDC Power Supply Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global HVDC Power Supply market? Ans: The important key players in the Global HVDC Power Supply Market are – ABB, AHV, American Power Design, Applied Kilovolts, Excelitas Technologies, General Electric, Glassman Europe, Hamamatsu, Hi-Tek Power, HVM Technology, Matsusada Precision, Nippon Telegraph and Telephone, Pico Electronics, Siemens, Spellman High Voltage Electronics, Toshiba, UltraVol, and XP Power 5. What is the study period of this market? Ans: The Global HVDC Power Supply Market is studied from 2022 to 2029.
1.Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global HVDC Power Supply Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the HVDC Power Supply Market 3.4. Geographical Snapshot of the HVDC Power Supply Market , By Manufacturer share 4. Global HVDC Power Supply Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Voltage of Buyers/Consumers 4.1.6.3. Bargaining Voltage of Suppliers 4.1.6.4. Threat of Substitute Voltage 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-16 Pandemic on the Global HVDC Power Supply Market 5. Supply Side and Demand Side Indicators 6. Global HVDC Power Supply Market Analysis and Forecast, 2022-2029 6.1. Global HVDC Power Supply Market Size & Y-o-Y Growth Analysis. 7. Global HVDC Power Supply Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 7.1.1. 1000V 7.1.2. 1000-4000V 7.1.3. More than 4000V 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Telecommunication 7.2.2. Industrial 7.2.3. Medical 7.2.4. Oil & Gas 8. Global HVDC Power Supply Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America HVDC Power Supply Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 9.1.1. 1000V 9.1.2. 1000-4000V 9.1.3. More than 4000V 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Telecommunication 9.2.2. Industrial 9.2.3. Medical 9.2.4. Oil & Gas 10. North America HVDC Power Supply Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. HVDC Power Supply Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada HVDC Power Supply Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico HVDC Power Supply Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe HVDC Power Supply Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe HVDC Power Supply Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. HVDC Power Supply Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France HVDC Power Supply Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany HVDC Power Supply Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy HVDC Power Supply Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain HVDC Power Supply Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden HVDC Power Supply Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries HVDC Power Supply Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe HVDC Power Supply Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific HVDC Power Supply Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific HVDC Power Supply Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China HVDC Power Supply Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India HVDC Power Supply Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan HVDC Power Supply Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea HVDC Power Supply Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia HVDC Power Supply Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN HVDC Power Supply Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific HVDC Power Supply Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa HVDC Power Supply Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa HVDC Power Supply Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa HVDC Power Supply Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries HVDC Power Supply Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt HVDC Power Supply Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria HVDC Power Supply Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A HVDC Power Supply Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America HVDC Power Supply Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America HVDC Power Supply Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil HVDC Power Supply Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina HVDC Power Supply Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America HVDC Power Supply Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Voltage, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global HVDC Power Supply Market. 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Functionalities and R&D Investment 45.2.2. New Voltage Launches and Voltage Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.31. ABB 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Voltage Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Wavelengths 45.31.2. AHV 45.31.3. American Power Design 45.31.4. Applied Kilovolts 45.31.5. Excelitas Technologies 45.31.6. General Electric 45.31.7. Glassman Europe 45.31.8. Hamamatsu 45.31.9. Hi-Tek Power 45.31.10. HVM Technology 45.31.11. Matsusada Precision 45.31.12. Nippon Telegraph and Telephone 45.31.13. Pico Electronics 45.31.14. Siemens 45.31.15. Spellman High Voltage Electronics 45.31.16. Toshiba 45.31.17. UltraVol 45.31.18. XP Power 46. Primary Key Insights