About HVDC Converter Stations

Power is generated, transmitted, and distributed as alternating current (AC), and generally, power is also consumed as AC. However, when transmitting power over long distances such as from an offshore wind farm, an AC line would be uneconomical due to the high-power losses that such transmission involves.

’s analysts forecast the global HVDC converter stations market to grow at a CAGR of 20.56% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global HVDC converter stations market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

's report, Global HVDC Converter Stations Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• ABB
• BHEL
• GE Power
• TOSHIBA
• Mitsubishi Electric
• Siemens

Market driver
• Growth in offshore wind installations
• For a full, detailed list, view our report

Market challenge
• High capital investment
• For a full, detailed list, view our report

Market trend
• Development of supergrid
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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