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HVDC変換所市場：コンポーネント、技術、タイプ、用途、地域別、2023-2028年

HVDC Converter Station Market by Component, Technology (Voltage Source Converter, Line Commutated Converter ), Type, Application, and Region 2023-2028
出版日: | 発行: IMARC | ページ情報: 英文 144 Pages | 納期: 2～3営業日

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価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=157.14円
HVDC変換所市場：コンポーネント、技術、タイプ、用途、地域別、2023-2028年
出版日: 2023年07月05日
発行: IMARC
ページ情報: 英文 144 Pages
納期: 2～3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

市場概要：

世界のHVDC変換所市場規模は2022年に112億6,000万米ドルに達しました。今後、IMARC Groupは、市場は2023年から2028年にかけて7.50%の成長率（CAGR）を示し、2028年には171億9,000万米ドルに達すると予測しています。再生可能エネルギーとHVDC変換所の普及は、異なる地域や国の送電網を相互接続するためであり、再生可能エネルギーの普及を促進する数々の政府の取り組みが市場を牽引する主な要因となっています。

HVDC変換所は、高電圧直流（HVDC）送電システムにおいて極めて重要です。様々な電力系統間の橋渡し役として機能し、長距離を安定的かつ効果的に電気を送電することができます。その主な任務は、電力が流れる方向に応じて、電気を交流（AC）から直流（DC）、またはその逆に変えることです。コンバータ・ステーションは、変換プロセスを促進するために調和して働く様々な主要要素で構成されています。主なコンポーネントの1つはコンバータ・トランスで、AC電源の電圧レベルを昇圧または降圧する役割を担っています。これらの変圧器は、特定のHVDC送電システムにもよりますが、通常、数百キロボルトから数百キロボルトという非常に高い電圧を扱えるように設計されています。さらに、直流電力の変動を平滑化し、リップルの影響を減らして全体的な電力品質を向上させるために使用される平滑リアクトルも組み込まれています。さらに、変換プロセス中に発生する可能性のある高調波やその他の電気的障害を軽減するために、フィルターや高調波トラップも組み込まれています。

HVDC変換所の市場動向：

再生可能エネルギーの拡大傾向が世界の市場を大きく牽引しています。遠隔地の再生可能エネルギー発電所から人口集中地区への効率的な送電に対するニーズの高まりも相まって、市場を大きく支えています。これとともに、異なる地域や国の送電網を相互接続するためにHVDC変換所が広く採用されていることも、市場を後押ししています。HVDC変換所は、非同期交流送電網間の送電を可能にし、電力交換を促進し、送電網の安定性を向上させ、全体的なエネルギー安全保障を強化するからです。さらに、HVDCシステムは送電損失が少なく、電圧降下が少なく、長距離の送電容量が増大するため、交流送電よりもHVDCシステムへの傾斜が強まっていることも、市場にプラスの影響を与えています。長距離送電の需要が増加するにつれ、HVDC変換所の需要も増加し、市場の見通しは明るいです。これとは別に、再生可能エネルギーの導入、送電網の相互接続、エネルギー市場の自由化を促進する政府の取り組みが市場に貢献しています。さらに、先進的なパワーエレクトロニクスデバイスの開発、変換所の設計改善、制御・保護システムの強化が、市場の前向きな見通しを生み出しています。市場を牽引するその他の要因としては、急速な産業化や洋上風力発電所の増加などが挙げられます。

本レポートで扱う主な質問

  • HVDC変換所の世界市場はこれまでどのように推移してきたのか？
  • HVDC変換所の世界市場における促進要因、抑制要因、機会は何か？
  • 各促進要因、抑制要因、機会がHVDC変換所の世界市場に与える影響は？
  • 主要な地域市場は？
  • 最も魅力的なHVDC変換所市場はどの国ですか？
  • コンポーネント別の市場内訳は？
  • HVDC変換所市場で最も魅力的なコンポーネントは？
  • 技術別の市場内訳は？
  • HVDC変換所市場で最も魅力的な技術は？
  • タイプ別の市場内訳は？
  • HVDC変換所市場で最も魅力的なタイプは？
  • 用途別の市場内訳は？
  • HVDC変換所市場で最も魅力的な用途は？
  • 世界のHVDC変換所市場の競争構造は？
  • HVDC変換所の世界市場における主要プレーヤー/企業は？

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査目的
  • 利害関係者
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要産業動向

第5章 HVDC変換所の世界市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳：コンポーネント別

  • コンバーター
    • 市場動向
    • 市場予測
  • DC機器
    • 市場動向
    • 市場予測
  • コンバータトランス
    • 市場動向
    • 市場展望
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳：技術別

  • 電圧源コンバータ（VSC）
    • 市場動向
    • 市場予測
  • ライン整流コンバーター（LCC）
    • 市場動向
    • 市場予測

第8章 市場内訳：タイプ別

  • バイポーラ
    • 市場動向
    • 市場予測
  • モノポーラ
    • 市場動向
    • 市場予測
  • バック・トゥ・バック
    • 市場動向
    • 市場予測
  • マルチターミナル
    • 市場動向
    • 市場予測

第9章 市場内訳：アプリケーション別

  • 電力産業
    • 市場動向
    • 市場予測
  • 石油・ガス
    • 市場動向
    • 市場予測
  • 島嶼および遠隔地への電力供給
    • 市場動向
    • 市場予測
  • 相互接続ネットワーク
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第10章 市場内訳：地域別

  • 北米
    • 米国
      • 市場動向
      • 市場予測
    • カナダ
      • 市場動向
      • 市場予測
  • アジア太平洋
    • 中国
      • 市場動向
      • 市場予測
    • 日本
      • 市場動向
      • 市場予測
    • インド
      • 市場動向
      • 市場予測
    • 韓国
      • 市場動向
      • 市場予測
    • オーストラリア
      • 市場動向
      • 市場予測
    • インドネシア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 欧州
    • ドイツ
      • 市場動向
      • 市場予測
    • フランス
      • 市場動向
      • 市場予測
    • 英国
      • 市場動向
      • 市場予測
    • イタリア
      • 市場動向
      • 市場予測
    • スペイン
      • 市場動向
      • 市場予測
    • ロシア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • ラテンアメリカ
    • ブラジル
      • 市場動向
      • 市場予測
    • メキシコ
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 中東・アフリカ地域
    • 市場動向
    • 市場内訳：国別
    • 市場予測

第11章 促進要因、抑制要因、機会

  • 市場概要
  • 促進要因
  • 抑制要因
  • 機会

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第14章 価格分析

第15章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • GE Grid Solutions LLC（General Electric Company）
    • Hitachi Energy Ltd.（Hitachi Ltd.）
    • Hyosung Heavy Industries
    • Mitsubishi Electric Corporation
    • NR Electric Co. Ltd.（NARI Technology Co. Ltd.）
    • Siemens Energy AG
図表

List of Figures

  • Figure 1: Global: HVDC Converter Station Market: Major Drivers and Challenges
  • Figure 2: Global: HVDC Converter Station Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: HVDC Converter Station Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: HVDC Converter Station Market: Breakup by Component (in %), 2022
  • Figure 5: Global: HVDC Converter Station Market: Breakup by Technology (in %), 2022
  • Figure 6: Global: HVDC Converter Station Market: Breakup by Type (in %), 2022
  • Figure 7: Global: HVDC Converter Station Market: Breakup by Application (in %), 2022
  • Figure 8: Global: HVDC Converter Station Market: Breakup by Region (in %), 2022
  • Figure 9: Global: HVDC Converter Station (Converter) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: HVDC Converter Station (Converter) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: HVDC Converter Station (DC Equipment) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: HVDC Converter Station (DC Equipment) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: HVDC Converter Station (Converter Transformer) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: HVDC Converter Station (Converter Transformer) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: HVDC Converter Station (Other Components) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: HVDC Converter Station (Other Components) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: HVDC Converter Station (Voltage Source Converter (VSC)) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: HVDC Converter Station (Voltage Source Converter (VSC)) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: HVDC Converter Station (Line Commutated Converter (LCC)) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: HVDC Converter Station (Line Commutated Converter (LCC)) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: HVDC Converter Station (Bi-Polar) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: HVDC Converter Station (Bi-Polar) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: HVDC Converter Station (Monopolar) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: HVDC Converter Station (Monopolar) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: HVDC Converter Station (Back-to-back) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: HVDC Converter Station (Back-to-back) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: HVDC Converter Station (Multi Terminal) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: HVDC Converter Station (Multi Terminal) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: HVDC Converter Station (Power Industry) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: HVDC Converter Station (Power Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: HVDC Converter Station (Oil and Gas) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: HVDC Converter Station (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Global: HVDC Converter Station (Powering Island and Remote Loads) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Global: HVDC Converter Station (Powering Island and Remote Loads) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Global: HVDC Converter Station (Interconnecting Networks) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Global: HVDC Converter Station (Interconnecting Networks) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Global: HVDC Converter Station (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Global: HVDC Converter Station (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: North America: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: North America: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: United States: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: United States: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: Canada: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: Canada: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: Asia-Pacific: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: Asia-Pacific: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: China: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: China: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: Japan: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: Japan: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: India: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: India: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: South Korea: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: South Korea: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: Australia: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: Australia: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: Indonesia: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: Indonesia: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: Others: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: Others: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: Europe: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: Europe: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: Germany: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: Germany: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: France: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: France: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: United Kingdom: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: United Kingdom: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: Italy: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: Italy: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: Spain: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: Spain: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Russia: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Russia: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Others: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: Others: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Latin America: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Latin America: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Brazil: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Brazil: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Mexico: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Mexico: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Others: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Others: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 85: Middle East and Africa: HVDC Converter Station Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 86: Middle East and Africa: HVDC Converter Station Market: Breakup by Country (in %), 2022
  • Figure 87: Middle East and Africa: HVDC Converter Station Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 88: Global: HVDC Converter Station Industry: Drivers, Restraints, and Opportunities
  • Figure 89: Global: HVDC Converter Station Industry: Value Chain Analysis
  • Figure 90: Global: HVDC Converter Station Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: HVDC Converter Station Market: Key Industry Highlights, 2022 & 2028
  • Table 2: Global: HVDC Converter Station Market Forecast: Breakup by Component (in Million US$), 2023-2028
  • Table 3: Global: HVDC Converter Station Market Forecast: Breakup by Technology (in Million US$), 2023-2028
  • Table 4: Global: HVDC Converter Station Market Forecast: Breakup by Type (in Million US$), 2023-2028
  • Table 5: Global: HVDC Converter Station Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 6: Global: HVDC Converter Station Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: HVDC Converter Station Market: Competitive Structure
  • Table 8: Global: HVDC Converter Station Market: Key Players
目次
Product Code: SR112023A8149

Market Overview:

The global HVDC converter station market size reached US$ 11.26 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.19 Billion by 2028, exhibiting a growth rate (CAGR) of 7.50% during 2023-2028. The widespread adoption of renewable energy and HVDC converter stations for interconnecting power grids across different regions or countries, and the numerous government initiatives promoting renewable energy deployment represent some of the key factors driving the market.

An HVDC converter station, short for a high-voltage direct current converter station, is crucial in high-voltage direct current (HVDC) transmission systems. It functions as a bridge between various power systems, enabling the stable and effective transfer of electricity across great distances. Its primary duty is to change electricity from alternating current (AC) to direct current (DC) or vice versa, depending on the direction the power is flowing. The converter station consists of various key elements that work in harmony to facilitate the conversion process. One of the main components is the converter transformer, which is responsible for stepping up or down the AC power's voltage level. These transformers are typically designed to handle extremely high voltages, ranging from a few hundred kilovolts to several hundreds of kilovolts, depending on the specific HVDC transmission system. Additionally, it also incorporates smoothing reactors, which are used to smooth out any fluctuations in the DC power, reducing ripple effects and improving overall power quality. Moreover, the station includes filters and harmonic traps to mitigate harmonics and other electrical disturbances that may arise during the conversion process.

HVDC Converter Station Market Trends:

The growing trend of renewable energy majorly drives the global market. Coupled with the augmenting need for efficient transmission of power from remote renewable energy generation sites to population centers, this is significantly supporting the market. Along with this, the widespread adoption of HVDC converter stations for interconnecting power grids across different regions or countries is propelling the market as they enable the transfer of electricity between asynchronous AC grids, facilitating the exchange of power, improving grid stability, and enhancing overall energy security. In addition, the increasing inclination toward HVDC systems over AC transmission as they offer lower transmission losses, reduced voltage drops, and increased power transfer capacity over longer distances is positively influencing the market. As the demand for long-distance power transmission increases, the demand for HVDC converter stations grows, thereby creating a positive market outlook. Apart from this, government initiatives promoting renewable energy deployment, grid interconnections, and energy market liberalization are contributing to the market. Furthermore, the development of advanced power electronic devices, improved converter station designs, and enhanced control and protection systems are creating a positive market outlook. Some of the other factors driving the market include rapid industrialization and the increasing number of offshore wind farms.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global HVDC converter station market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on component, technology, type, and application.

Component Insights:

Converter

DC Equipment

Converter Transformer

Others

The report has provided a detailed breakup and analysis of the HVDC converter station market based on the component. This includes converter, DC equipment, converter transformer, and others. According to the report, the DC equipment represented the largest segment.

Technology Insights:

Voltage Source Converter (VSC)

Line Commutated Converter (LCC)

A detailed breakup and analysis of the HVDC converter station market based on the technology has also been provided in the report. This includes voltage source converter (VSC) and line commutated converter (LCC). According to the report, line commutated converter (LCC) accounted for the largest market share.

Type Insights:

Bi-Polar

Monopolar

Back-to-back

Multi Terminal

The report has provided a detailed breakup and analysis of the HVDC converter station market based on the type. This includes bi-polar, monopolar, back-to-back, and multi terminal. According to the report, the bi-polar represented the largest segment.

Application Insights:

Power Industry

Oil and Gas

Powering Island and Remote Loads

Interconnecting Networks

Others

A detailed breakup and analysis of the HVDC converter station market based on the application has also been provided in the report. This includes power industry, oil and gas, powering island and remote loads, interconnecting networks, and others. According to the report, powering island and remote loads accounted for the largest market share.

Regional Insights:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe was the largest market for HVDC converter station. Some of the factors driving the Europe HVDC converter station market included the emerging trend of renewable energy, continual technological advancements, rapid industrialization, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global HVDC converter station market. Also, detailed profiles of all major companies have been provided. Some of the companies covered include GE Grid Solutions LLC (General Electric Company), Hitachi Energy Ltd. (Hitachi Ltd.), Hyosung Heavy Industries, Mitsubishi Electric Corporation, NR Electric Co. Ltd. (NARI Technology Co. Ltd.), Siemens Energy AG, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Market Overview:

The global HVDC converter station market size reached US$ 11.26 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.19 Billion by 2028, exhibiting a growth rate (CAGR) of 7.50% during 2023-2028. The widespread adoption of renewable energy and HVDC converter stations for interconnecting power grids across different regions or countries, and the numerous government initiatives promoting renewable energy deployment represent some of the key factors driving the market.

An HVDC converter station, short for a high-voltage direct current converter station, is crucial in high-voltage direct current (HVDC) transmission systems. It functions as a bridge between various power systems, enabling the stable and effective transfer of electricity across great distances. Its primary duty is to change electricity from alternating current (AC) to direct current (DC) or vice versa, depending on the direction the power is flowing. The converter station consists of various key elements that work in harmony to facilitate the conversion process. One of the main components is the converter transformer, which is responsible for stepping up or down the AC power's voltage level. These transformers are typically designed to handle extremely high voltages, ranging from a few hundred kilovolts to several hundreds of kilovolts, depending on the specific HVDC transmission system. Additionally, it also incorporates smoothing reactors, which are used to smooth out any fluctuations in the DC power, reducing ripple effects and improving overall power quality. Moreover, the station includes filters and harmonic traps to mitigate harmonics and other electrical disturbances that may arise during the conversion process.

HVDC Converter Station Market Trends:

The growing trend of renewable energy majorly drives the global market. Coupled with the augmenting need for efficient transmission of power from remote renewable energy generation sites to population centers, this is significantly supporting the market. Along with this, the widespread adoption of HVDC converter stations for interconnecting power grids across different regions or countries is propelling the market as they enable the transfer of electricity between asynchronous AC grids, facilitating the exchange of power, improving grid stability, and enhancing overall energy security. In addition, the increasing inclination toward HVDC systems over AC transmission as they offer lower transmission losses, reduced voltage drops, and increased power transfer capacity over longer distances is positively influencing the market. As the demand for long-distance power transmission increases, the demand for HVDC converter stations grows, thereby creating a positive market outlook. Apart from this, government initiatives promoting renewable energy deployment, grid interconnections, and energy market liberalization are contributing to the market. Furthermore, the development of advanced power electronic devices, improved converter station designs, and enhanced control and protection systems are creating a positive market outlook. Some of the other factors driving the market include rapid industrialization and the increasing number of offshore wind farms.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global HVDC converter station market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on component, technology, type, and application.

Component Insights:

Converter

DC Equipment

Converter Transformer

Others

The report has provided a detailed breakup and analysis of the HVDC converter station market based on the component. This includes converter, DC equipment, converter transformer, and others. According to the report, the DC equipment represented the largest segment.

Technology Insights:

Voltage Source Converter (VSC)

Line Commutated Converter (LCC)

A detailed breakup and analysis of the HVDC converter station market based on the technology has also been provided in the report. This includes voltage source converter (VSC) and line commutated converter (LCC). According to the report, line commutated converter (LCC) accounted for the largest market share.

Type Insights:

Bi-Polar

Monopolar

Back-to-back

Multi Terminal

The report has provided a detailed breakup and analysis of the HVDC converter station market based on the type. This includes bi-polar, monopolar, back-to-back, and multi terminal. According to the report, the bi-polar represented the largest segment.

Application Insights:

Power Industry

Oil and Gas

Powering Island and Remote Loads

Interconnecting Networks

Others

A detailed breakup and analysis of the HVDC converter station market based on the application has also been provided in the report. This includes power industry, oil and gas, powering island and remote loads, interconnecting networks, and others. According to the report, powering island and remote loads accounted for the largest market share.

Regional Insights:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe was the largest market for HVDC converter station. Some of the factors driving the Europe HVDC converter station market included the emerging trend of renewable energy, continual technological advancements, rapid industrialization, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global HVDC converter station market. Also, detailed profiles of all major companies have been provided. Some of the companies covered include GE Grid Solutions LLC (General Electric Company), Hitachi Energy Ltd. (Hitachi Ltd.), Hyosung Heavy Industries, Mitsubishi Electric Corporation, NR Electric Co. Ltd. (NARI Technology Co. Ltd.), Siemens Energy AG, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:

  • How has the global HVDC converter station market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global HVDC converter station market?
  • What is the impact of each driver, restraint, and opportunity on the global HVDC converter station market?
  • What are the key regional markets?
  • Which countries represent the most attractive HVDC converter station market?
  • What is the breakup of the market based on the component?
  • Which is the most attractive component in the HVDC converter station market?
  • What is the breakup of the market based on the technology?
  • Which is the most attractive technology in the HVDC converter station market?
  • What is the breakup of the market based on the type?
  • Which is the most attractive type in the HVDC converter station market?
  • What is the breakup of the market based on the application?
  • Which is the most attractive application in the HVDC converter station market?
  • What is the competitive structure of the global HVDC converter station market?
  • Who are the key players/companies in the global HVDC converter station market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global HVDC Converter Station Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Component

  • 6.1 Converter
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 DC Equipment
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Converter Transformer
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Technology

  • 7.1 Voltage Source Converter (VSC)
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Line Commutated Converter (LCC)
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Type

  • 8.1 Bi-Polar
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Monopolar
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Back-to-back
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Multi Terminal
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast

9 Market Breakup by Application

  • 9.1 Power Industry
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Oil and Gas
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Powering Island and Remote Loads
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Interconnecting Networks
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Others
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 Drivers, Restraints, and Opportunities

  • 11.1 Overview
  • 11.2 Drivers
  • 11.3 Restraints
  • 11.4 Opportunities

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 GE Grid Solutions LLC (General Electric Company)
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
    • 15.3.2 Hitachi Energy Ltd. (Hitachi Ltd.)
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
    • 15.3.3 Hyosung Heavy Industries
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
      • 15.3.3.3 Financials
    • 15.3.4 Mitsubishi Electric Corporation
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
      • 15.3.4.4 SWOT Analysis
    • 15.3.5 NR Electric Co. Ltd. (NARI Technology Co. Ltd.)
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6 Siemens Energy AG
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.