HVDC Converter Station Market - Top Companies and Manufacturers

Companies Dominating the HVDC Converter Station Landscape

ABB, Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Siemens AG
General Electric Company
XJ Group Corporation
Bharat Heavy Electricals Limited
Alstom SA
Nissin Electric Co Ltd.
Toshiba Corporation
Hitachi Ltd.
C-EPRI Electric Power Engineering Co. Ltd

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HVDC Converter Station Market Size & Share, Forecast Report 2025-2037

In the News

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Indegene, a provider of technology-driven healthcare solutions, and meta Me Health, the manufacturer of Regulora and a prescription digital therapy (PDT) company, have announced that Regulora is a drug for the treatment of stomach pain (IBS) associated with irritable bowel syndrome.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of HVDC converter station is assessed at USD 12.48 billion.

The HVDC converter station market size was over USD 11.72 billion in 2024 and is projected to reach USD 32.16 billion by the end of 2037, growing at around 8.1% CAGR during the forecast period i.e., between 2025-2037. Increasing number of cross border power transmission activities, and rising renewable energy generation capacity globally will boost the market growth.

Asia Pacific is anticipated to dominate majority industry share of about 35% by 2037, attributed to fact that there is a huge demand for transmission systems in China and India and a growing need for electricity to transport bulk goods in the region.

The major players in the market include ABB, Ltd., Siemens AG, General Electric Company, XJ Group Corporation, Bharat Heavy Electricals Limited, Alstom SA, Nissin Electric Co Ltd., Toshiba Corporation, Hitachi Ltd., C-EPRI Electric Power Engineering Co. Ltd.

HVDC Converter Station Market - Top Companies and Manufacturers

Companies Dominating the HVDC Converter Station Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the HVDC converter station market worth?

Why is the demand for HVDC converter station growing?

Which region dominated the majority of HVDC converter station industry share?

Who are the top HVDC converter station companies?