Oct 10, 2017   SOURCE: BusinessWire

Global High Voltage Direct Current (HVDC) Transmission Systems Market 2017-2021: Analysis By Power Rating & Components - Research and Markets

The "Global High Voltage Direct Current (HVDC) Transmission Systems Market 2017-2021" report has been added to Research and Markets' offering.

The global high voltage direct current (HVDC) transmission systems market is forecast to grow at a CAGR of 15.58% during the period 2017-2021.

The report 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.

The latest trend gaining momentum in the market is the emerging hybrid HVDC circuit breaker. The hybrid HVDC circuit breaker is a major improvement in circuit breaker technologies, which can solve the problem of transmitting high voltage current across the lines. For instance, Siemens supplied commutation breaker for the HVDC transmission project in Xiluodu-Zhejiang, which was tested at a current voltage of 5000 amperes. The existing power transmission lines using AC systems for transmission of power, are now converted into DC systems to increase the power transmitting limits. The DC breaker can help in reducing the fault current to flow into the system. The combination of power electronics and mechanical switching will aid circuit breakers in interrupting the high voltage current flow.

According to the report, one of the major drivers for this market is the optimal solution for long distance transmission. Power transmission using HVDC technology is mainly adopted for transmitting power over long distances. The increasing demand for power for commercial, industrial, and household activities has increased the need for developing a diverse portfolio of energy generation mix. It has also resulted in the supply of high voltage power through long transmission lines. HVDC technology helps in transmitting large voltage of power over long distances. Also, the power loss during transmission is less as compared with high voltage alternate current (HVAC) technology.

Key vendors

  • ABB
  • GE Grid Solutions
  • Hitachi
  • Mitsubishi Electric Corporation
  • Siemens AG

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Power Rating

Part 07: Market Segmentation By Components

Part 08: Geographical Segmentation

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Key Vendor Analysis

Part 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/cbkl8r/global_high