High Voltage Direct Current Converter (HVDC Converter) Market, Global Outlook and Forecast 2023-2030

The global High Voltage Direct Current Converter (HVDC Converter) market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global High Voltage Direct Current Converter (HVDC Converter) market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

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The China market for Global High Voltage Direct Current Converter (HVDC Converter) market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global High Voltage Direct Current Converter (HVDC Converter) market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


AnHVDC converterconverts electric power from high voltage alternating current (AC) to high-voltage direct current (HVDC), or vice versa.

This report aims to provide a comprehensive presentation of the global market for High Voltage Direct Current Converter (HVDC Converter), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Voltage Direct Current Converter (HVDC Converter). This report contains market size and forecasts of High Voltage Direct Current Converter (HVDC Converter) in global, including the following market information:


  • Global High Voltage Direct Current Converter (HVDC Converter) Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global High Voltage Direct Current Converter (HVDC Converter) Market Sales, 2018-2023, 2024-2030, (Units)
  • Global top five High Voltage Direct Current Converter (HVDC Converter) companies in 2022 (%)


HVDC converters can take several different forms. Early HVDC systems, built until the 1930s, were effectivelyrotary convertersand usedelectromechanicalconversion withmotor-generatorsets connected in series on the DC side and in parallel on the AC side. However, all HVDC systems built since the 1940s have usedelectronic(static) converters.Electronic converters for HVDC are divided into two main categories.Line-commutated converters(HVDC classic) are made with electronicswitchesthat can only be turned on.Voltage-sourced convertersare made with switching devices that can be turned both on and off. Line-commutated converters (LCC) usedmercury-arc valvesuntil the 1970s,orthyristorsfrom the 1970s to the present day. Voltage-source converters (VSC), which first appeared in HVDC in 1997, usetransistors, usually theInsulated-gate bipolar transistor(IGBT).

We surveyed the High Voltage Direct Current Converter (HVDC Converter) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global High Voltage Direct Current Converter (HVDC Converter) Market, by Power, 2018-2023, 2024-2030 ($ Millions) & (Units)

Global High Voltage Direct Current Converter (HVDC Converter) Market Segment Percentages, by Power, 2022 (%)


  • 0-500MW
  • 501MW-999MW
  • 1000MW-2000MW
  • 2000+ MW


Global High Voltage Direct Current Converter (HVDC Converter) Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Units)

Global High Voltage Direct Current Converter (HVDC Converter) Market Segment Percentages, by Application, 2022 (%)


  • Energy
  • Industrial
  • Oil and Gas
  • Others


Global High Voltage Direct Current Converter (HVDC Converter) Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Units)

Global High Voltage Direct Current Converter (HVDC Converter) Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)


Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies High Voltage Direct Current Converter (HVDC Converter) revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies High Voltage Direct Current Converter (HVDC Converter) revenues share in global market, 2022 (%)
  • Key companies High Voltage Direct Current Converter (HVDC Converter) sales in global market, 2018-2023 (Estimated), (Units)
  • Key companies High Voltage Direct Current Converter (HVDC Converter) sales share in global market, 2022 (%)


Further, the report presents profiles of competitors in the market, key players include:


  • ABB
  • Siemens
  • GE and Alstom Energy
  • BHEL
  • Orano
  • Hitachi
  • Toshiba
  • Mitsubishi


Outline of Major Chapters:

Chapter 1: Introduces the definition of High Voltage Direct Current Converter (HVDC Converter), market overview.

Chapter 2: Global High Voltage Direct Current Converter (HVDC Converter) market size in revenue and volume.

Chapter 3: Detailed analysis of High Voltage Direct Current Converter (HVDC Converter) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by power, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of High Voltage Direct Current Converter (HVDC Converter) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global High Voltage Direct Current Converter (HVDC Converter) capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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Table of content

1 Introduction to Research & Analysis Reports
1.1 High Voltage Direct Current Converter (HVDC Converter) Market Definition
1.2 Market Segments
1.2.1 Market by Power
1.2.2 Market by Application
1.3 Global High Voltage Direct Current Converter (HVDC Converter) Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global High Voltage Direct Current Converter (HVDC Converter) Overall Market Size
2.1 Global High Voltage Direct Current Converter (HVDC Converter) Market Size: 2022 VS 2030
2.2 Global High Voltage Direct Current Converter (HVDC Converter) Revenue, Prospects & Forecasts: 2018-2030
2.3 Global High Voltage Direct Current Converter (HVDC Converter) Sales: 2018-2030
3 Company Landscape
3.1 Top High Voltage Direct Current Converter (HVDC Converter) Players in Global Market
3.2 Top Global High Voltage Direct Current Converter (HVDC Converter) Companies Ranked by Revenue
3.3 Global High Voltage Direct Current Converter (HVDC Converter) Revenue by Companies
3.4 Global High Voltage Direct Current Converter (HVDC Converter) Sales by Companies
3.5 Global High Voltage Direct Current Converter (HVDC Converter) Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 High Voltage Direct Current Converter (HVDC Converter

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