The global line commutated converter market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for power transmission and distribution systems in developing countries such as India and China. The increasing demand for power transmission and distribution systems in developing countries such as India and China is driving the growth of this market.
The global line commutated converter market by type includes 500MW, 501M999MW, 1000M2000MW, 2000+ MW, 200kV, 201k400kV, 401k600kV, 601k800kV above 800 kv. The application segment includes electronics (telecommunication), aerospace & defense and others (industrial).
Some Of The Growth Factors Of This Market:
- Increasing demand for renewable energy sources.
- Growing need for power generation in developing countries.
- Rising demand for electric vehicles.
- Increasing use of renewable energy sources in the manufacturing sector.
- Growth of the global population.
Industry Growth Insights published a new data on “Line Commutated Converter Market”. The research report is titled “Line Commutated Converter Market research by Types (By Power Rating, 0-500MW, 501MW-999MW, 1000MW-2000MW, 2000+ MW, By Voltage Level, 200kV, 201kV-400kV, 401kV-600kV, 601kV-800kV, Above 800kV), By Applications (Electronics, Telecommunication, Aerospace & Defense, Others), By Players/Companies ABB Ltd, Siemens AG, Alstom SA, General Electric Company, Hitachi Ltd”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Line Commutated Converter Market Research Report
By Type
By Power Rating, 0-500MW, 501MW-999MW, 1000MW-2000MW, 2000+ MW, By Voltage Level, 200kV, 201kV-400kV, 401kV-600kV, 601kV-800kV, Above 800kV
By Application
Electronics, Telecommunication, Aerospace & Defense, Others
By Companies
ABB Ltd, Siemens AG, Alstom SA, General Electric Company, Hitachi Ltd
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Line Commutated Converter Market Report Segments:
The global Line Commutated Converter market is segmented on the basis of:
Types
By Power Rating, 0-500MW, 501MW-999MW, 1000MW-2000MW, 2000+ MW, By Voltage Level, 200kV, 201kV-400kV, 401kV-600kV, 601kV-800kV, Above 800kV
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
Electronics, Telecommunication, Aerospace & Defense, Others
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 Ltd
- Siemens AG
- Alstom SA
- General Electric Company
- Hitachi Ltd
Highlights of The Line Commutated Converter 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:
- By Power Rating
- 0-500MW
- 501MW-999MW
- 1000MW-2000MW
- 2000+ MW
- By Voltage Level
- 200kV
- 201kV-400kV
- 401kV-600kV
- 601kV-800kV
- Above 800kV
- By Application:
- Electronics
- Telecommunication
- Aerospace & Defense
- Others
- 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 Line Commutated Converter 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 line commutated converter (LCC) is a power supply used in electronic equipment to convert direct current (DC) into alternating current (AC).
Some of the key players operating in the line commutated converter market are ABB Ltd, Siemens AG, Alstom SA, General Electric Company, Hitachi Ltd.
The line commutated converter market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Line Commutated Converter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Line Commutated Converter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Line Commutated Converter Market - Supply Chain
4.5. Global Line Commutated Converter Market Forecast
4.5.1. Line Commutated Converter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Line Commutated Converter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Line Commutated Converter Market Absolute $ Opportunity
5. Global Line Commutated Converter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Line Commutated Converter Market Size and Volume Forecast by Type
5.3.1. By Power Rating
5.3.2. 0-500MW
5.3.3. 501MW-999MW
5.3.4. 1000MW-2000MW
5.3.5. 2000+ MW
5.3.6. By Voltage Level
5.3.7. 200kV
5.3.8. 201kV-400kV
5.3.9. 401kV-600kV
5.3.10. 601kV-800kV
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Line Commutated Converter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Line Commutated Converter Market Size and Volume Forecast by Application
6.3.1. Electronics
6.3.2. Telecommunication
6.3.3. Aerospace & Defense
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Line Commutated Converter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Line Commutated Converter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Line Commutated Converter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Line Commutated Converter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Line Commutated Converter Demand Share Forecast, 2019-2026
9. North America Line Commutated Converter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Line Commutated Converter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Line Commutated Converter Market Size and Volume Forecast by Application
9.4.1. Electronics
9.4.2. Telecommunication
9.4.3. Aerospace & Defense
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Line Commutated Converter Market Size and Volume Forecast by Type
9.7.1. By Power Rating
9.7.2. 0-500MW
9.7.3. 501MW-999MW
9.7.4. 1000MW-2000MW
9.7.5. 2000+ MW
9.7.6. By Voltage Level
9.7.7. 200kV
9.7.8. 201kV-400kV
9.7.9. 401kV-600kV
9.7.10. 601kV-800kV
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Line Commutated Converter Demand Share Forecast, 2019-2026
10. Latin America Line Commutated Converter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Line Commutated Converter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Line Commutated Converter Market Size and Volume Forecast by Application
10.4.1. Electronics
10.4.2. Telecommunication
10.4.3. Aerospace & Defense
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Line Commutated Converter Market Size and Volume Forecast by Type
10.7.1. By Power Rating
10.7.2. 0-500MW
10.7.3. 501MW-999MW
10.7.4. 1000MW-2000MW
10.7.5. 2000+ MW
10.7.6. By Voltage Level
10.7.7. 200kV
10.7.8. 201kV-400kV
10.7.9. 401kV-600kV
10.7.10. 601kV-800kV
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Line Commutated Converter Demand Share Forecast, 2019-2026
11. Europe Line Commutated Converter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Line Commutated Converter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Line Commutated Converter Market Size and Volume Forecast by Application
11.4.1. Electronics
11.4.2. Telecommunication
11.4.3. Aerospace & Defense
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Line Commutated Converter Market Size and Volume Forecast by Type
11.7.1. By Power Rating
11.7.2. 0-500MW
11.7.3. 501MW-999MW
11.74. 1000MW-2000MW
11.7.5. 2000+ MW
11.7.6. By Voltage Level
11.7.7. 200kV
11.7.8. 201kV-400kV
11.7.9. 401kV-600kV
11.7.10. 601kV-800kV
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Line Commutated Converter Demand Share, 2019-2026
12. Asia Pacific Line Commutated Converter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Line Commutated Converter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Line Commutated Converter Market Size and Volume Forecast by Application
12.4.1. Electronics
12.4.2. Telecommunication
12.4.3. Aerospace & Defense
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Line Commutated Converter Market Size and Volume Forecast by Type
12.7.1. By Power Rating
12.7.2. 0-500MW
12.7.3. 501MW-999MW
12.7.4. 1000MW-2000MW
12.7.5. 2000+ MW
12.7.6. By Voltage Level
12.7.7. 200kV
12.7.8. 201kV-400kV
12.7.9. 401kV-600kV
12.7.10. 601kV-800kV
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Line Commutated Converter Demand Share, 2019-2026
13. Middle East & Africa Line Commutated Converter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Line Commutated Converter Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Line Commutated Converter Market Size and Volume Forecast by Application
13.4.1. Electronics
13.4.2. Telecommunication
13.4.3. Aerospace & Defense
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Line Commutated Converter Market Size and Volume Forecast by Type
13.7.1. By Power Rating
13.7.2. 0-500MW
13.7.3. 501MW-999MW
13.7.4. 1000MW-2000MW
13.7.5. 2000+ MW
13.7.6. By Voltage Level
13.7.7. 200kV
13.7.8. 201kV-400kV
13.7.9. 401kV-600kV
13.7.10. 601kV-800kV
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Line Commutated Converter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Line Commutated Converter Market: Market Share Analysis
14.2. Line Commutated Converter Distributors and Customers
14.3. Line Commutated Converter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB Ltd
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Alstom SA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. General Electric Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hitachi Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
