BIG BOOM IN HVDC CONVERTER STATION MARKET 2027 | ABB LTD., SIEMENS AG, GENERAL ELECTRIC COMPANY

The HVDC Converter Station Market report aims to provide an overview of with detailed market segmentation by nature, form, application, distribution channel category and geography. The market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading HVDC Converter Station market players and offers key trends and opportunities in the market.

High Voltage Direct Current convertor or HDVC convertor is a category of substation that is used by the HDVC transmission lines. These devices are particularly used for transmission of power in bulk to longer distances and also for converting AC current to DC current and vice-versa. An HVDC converter station is generally used for the transmission of electricity from renewable energy sources situated at remote areas to metropolitan areas, with fewer energy losses by converting AC to DC.

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Top Key Players:- ABB Ltd., Siemens AG, General Electric Company, C-EPRI Electric Power Engineering Co. Ltd, Toshiba Corporation, Mitsubishi Electric Corporation, Alstom, Crompton Greaves Ltd., Nissin Electric Co Ltd and Hitachi Ltd

Rising concerns with progressively reducing fossil fuels and cumulative carbon emissions have headed to the progression in offshore wind farms, which require HVDC converter station for linking farms to the grid. HVDC system hold the capability to decrease electrical losses and costs, and is the only probable solution to simplify the usage of renewable energy sources.

The report highlights key growth strategies adopted by these players of the HVDC Converter Station industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.

The “Global HDVC Converter Station Market Analysis to 2027” is a specialized and in-depth study of the HDVC Converter Station industry with a focus on the global HDVC Converter Station market trend. The report aims to provide an overview of the global HDVC Converter Station market with detailed market segmentation by configuration, converter type, application, and geography. The global HDVC Converter Station market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The report analyzes factors affecting HVDC Converter Station market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the HVDC Converter Station market in these regions

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Reason to Buy

– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global HVDC Converter Station Market

– Highlights key business priorities in order to assist companies to realign their business strategies.

– The key findings and recommendations highlight crucial progressive industry trends in the HVDC Converter Station Market, thereby allowing players to develop effective long term strategies.

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Posted by on Tuesday April 28 2020, 1:59 AM EDT. All trademarks acknowledged. Filed under Aerospace, Aerospace & Defence, Automotive, Automotive & Transportation, Automotive Manufacturing, Clean Energy, Defence, Energy Efficiency, Energy Storage, Environment, Minerals & Mining, Oil & Gas, Power, Semiconductors, Transportation, Utilities. Comments and Trackbacks closed. Follow responses: RSS 2.0

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