Market Overview:
The global HVDC power supply market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy and rising concerns about climate change. In addition, the growing demand for renewable energy sources is also contributing to the growth of the market. The global HVDC power supply market is segmented on the basis of type, application, and region. On the basis of type, it is divided into below 1000V, 1000V-4000V, and above 4000V segments. By application, it is classified into industrial sectors (power generation & transmission), communication (telecommunications & data centers), and other applications (transportation & oil & gas). Geographically, it has been analyzed across North America (U.S., Canada), Latin America (Mexico Brazil), Europe (Germany France U.K.), Asia Pacific excluding Japan) [China India Australia], Japan Middle East Africa).
Product Definition:
HVDC power supply is a type of power supply that uses high voltage direct current (HVDC) to transmit electrical power. It is used when it is necessary to transmit large amounts of power over long distances or when it is necessary to connect two AC networks that are operating at different frequencies. The use of HVDC transmission can help to improve the efficiency and reliability of the electrical grid, and it can also help to reduce environmental impacts.
Below 1000V:
Below 1000V is a range of electric voltage. It’s generally used for power supply to the equipment and machines that work on AC or DC voltage. The products in this category include UPS, HVDC Power Supply, Photovoltaic Modules etc.
The growth factor in below 1000V market is High Growth Potential Market (HGP) means high growth rate potential opportunity for manufacturers.
1000V-4000V:
1000V-4000V is a range of HVDC power supply. It's used in HVDC Power Supply system to provide stable and reliable power supply for the equipment. 1000V-4000V HVDC Power Supply has ability to deliver continuous waveform output at high frequency with minimum fluctuation, which is very important for commercial applications such as data centers or industrial automation systems.
Application Insights:
The communication segment is expected to witness significant growth over the forecast period owing to the growing demand for HVDC power supply in long-distance transmission. The industrial sectors include oil & gas, chemical, petrochemical and pharmaceuticals among others. These sectors require a large number of high voltage DC (HVDC) power supplies as they are used across long distances for manufacturing plants and other facilities.
The other applications include military and aerospace which accounted for a major share in 2015 owing to extensive use of HVDC equipment across military aircraft interiors as well as on commercial aircraft runways worldwide due to its ability to provide clean electricity at high voltages with minimal losses. The increasing need for developing renewable sources of energy has led countries such as Germany, China Japan Brazil etc., towards investing heavily in wind energy projects thereby driving the demand globally over recent years.
Regional Analysis:
Asia Pacific HVDC power supply market is expected to witness significant growth over the forecast period owing to increasing demand for electricity in countries, such as China and India. The growing industrial sector coupled with rapid development of manufacturing facilities in these economies is likely to drive the regional demand for HVDC power supplies.
The European region dominated the global industry with a revenue share of more than 35% in 2017. This can be attributed to early adoption of this technology across several industries, such as oil & gas and chemical processing, which has led Europe being at par with North America on account of technological advancements pertaining to electric machines along with high standards of efficiency exhibited by these devices.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Rapid deployment of renewable energy sources, such as solar and wind power
- Development of smart grids and grid modernization projects
- Proliferation of electric vehicles and the need for charging infrastructure
- Growing demand for energy storage
Scope Of The Report
Report Attributes
Report Details
Report Title
HVDC Power Supply Market Research Report
By Type
Below 1000V, 1000V-4000V, Above 4000V
By Application
Industrial Sectors, Communication, Other
By Companies
ABB, Siemens, GE, Hitachi, Toshiba, Emerson, Zhongheng Electric, Zhong Da Dentsu
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global HVDC Power Supply Market Report Segments:
The global HVDC Power Supply market is segmented on the basis of:
Types
Below 1000V, 1000V-4000V, Above 4000V
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Sectors, Communication, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Siemens
- GE
- Hitachi
- Toshiba
- Emerson
- Zhongheng Electric
- Zhong Da Dentsu
Highlights of The HVDC Power Supply Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 1000V
- 1000V-4000V
- Above 4000V
- By Application:
- Industrial Sectors
- Communication
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the HVDC Power Supply Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A high-voltage direct current power supply is a device that converts alternating current (AC) into direct current (DC). HVDC power supplies are used to provide large amounts of DC power over long distances.
Some of the major companies in the hvdc power supply market are ABB, Siemens, GE, Hitachi, Toshiba, Emerson, Zhongheng Electric, Zhong Da Dentsu.
The hvdc power supply market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 HVDC Power Supply Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 HVDC Power Supply Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 HVDC Power Supply Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the HVDC Power Supply Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global HVDC Power Supply Market Size & Forecast, 2020-2028
4.5.1 HVDC Power Supply Market Size and Y-o-Y Growth
4.5.2 HVDC Power Supply Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Below 1000V
5.2.2 1000V-4000V
5.2.3 Above 4000V
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial Sectors
6.2.2 Communication
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HVDC Power Supply Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 HVDC Power Supply Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Below 1000V
9.6.2 1000V-4000V
9.6.3 Above 4000V
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial Sectors
9.10.2 Communication
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Below 1000V
10.6.2 1000V-4000V
10.6.3 Above 4000V
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial Sectors
10.10.2 Communication
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Below 1000V
11.6.2 1000V-4000V
11.6.3 Above 4000V
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial Sectors
11.10.2 Communication
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Below 1000V
12.6.2 1000V-4000V
12.6.3 Above 4000V
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial Sectors
12.10.2 Communication
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Below 1000V
13.6.2 1000V-4000V
13.6.3 Above 4000V
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial Sectors
13.10.2 Communication
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 HVDC Power Supply Market: Competitive Dashboard
14.2 Global HVDC Power Supply Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Siemens
14.3.3 GE
14.3.4 Hitachi
14.3.5 Toshiba
14.3.6 Emerson
14.3.7 Zhongheng Electric
14.3.8 Zhong Da Dentsu
