Title: At a CAGR of 24.10%, Global HVDC Converter Stations Market to Grow with ABB, BHEL, GE-Alstom Grid, Hitachi Industry, 2016-2020 Short Summary Global HVDC Converter Stations Market 2016-2020 Size and Share Published in 2016-08-16 Available for US$ 2500 at Researchmoz.us Description Power is generated, transmitted and distributed as AC, and most of the time, 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. In such situations, DC power is used, and the conversion of AC power to DC for transmission is achieved using a converter station. Technavios analysts forecast the global HVDC convertor stations market to grow at a CAGR of 24.10% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global HVDC convertor stations market for 2016-2020. To calculate the market size, the report considers the revenue generated from the demand for the HVDC converter stations market from different end-users in all the regions. The market is divided into the following segments based on geography: Americas APAC EMEA
Technavio's report, Global HVDC Convertor Stations Market 2016-2020, 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.
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Key vendors ABB BHEL GE-Alstom Grid Hitachi
Other prominent vendors Areva SA Hitachi Toshiba Mitsubishi
Market driver Increasing cross-border interconnections For a full, detailed list, view our report
Market challenge Lack of investment in grid infrastructure by power utilities For a full, detailed list, view our report
Market trend Increasing investment in HVDC systems For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2020 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? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Content PART 01: Executive summary Highlights PART 02: Scope of the report Market overview Top-vendor offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PART 05: Market landscape Market overview Market size and forecast Five forces analysis
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