2020-2025 Global VSC-HVDC Market Report - Production and Consumption Professional Analysis (Impact of COVID-19)
A high-voltage, direct current (HVDC) electric power transmission system (also called a power superhighway or an electrical superhighway) uses direct current for the bulk transmission of electrical power, in contrast with the more common alternating current (AC) systems. Voltage-source converters (VSC) Widely used in motor drives since the 1980s.
This report elaborates the market size, market characteristics, and market growth of the VSC-HVDC industry, and breaks down according to the type, application, and consumption area of VSC-HVDC. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for VSC-HVDC in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global VSC-HVDC market covered in Chapter 13:
ABB
C-EPRI Electric Power Engineering
Siemens
Nexans
Hitachi
Prysmian Group
NKT A/S
Mitsubishi Electric
General Electric
NR Electric
In Chapter 6, on the basis of types, the VSC-HVDC market from 2015 to 2025 is primarily split into:
IGBTs
GTOs
IGCTs
In Chapter 7, on the basis of applications, the VSC-HVDC market from 2015 to 2025 covers:
Wind Power Applications
Bulk Power Transmissions
Submarine
Underground Transmissions
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 VSC-HVDC Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 VSC-HVDC Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 VSC-HVDC Market Forces
3.1 Global VSC-HVDC Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 VSC-HVDC Market - By Geography
4.1 Global VSC-HVDC Market Value and Market Share by Regions
4.1.1 Global VSC-HVDC Value ($) by Region (2015-2020)
4.1.2 Global VSC-HVDC Value Market Share by Regions (2015-2020)
4.2 Global VSC-HVDC Market Production and Market Share by Major Countries
4.2.1 Global VSC-HVDC Production by Major Countries (2015-2020)
4.2.2 Global VSC-HVDC Production Market Share by Major Countries (2015-2020)
4.3 Global VSC-HVDC Market Consumption and Market Share by Regions
4.3.1 Global VSC-HVDC Consumption by Regions (2015-2020)
4.3.2 Global VSC-HVDC Consumption Market Share by Regions (2015-2020)
5 VSC-HVDC Market - By Trade Statistics
5.1 Global VSC-HVDC Export and Import
5.2 United States VSC-HVDC Export and Import (2015-2020)
5.3 Europe VSC-HVDC Export and Import (2015-2020)
5.4 China VSC-HVDC Export and Import (2015-2020)
5.5 Japan VSC-HVDC Export and Import (2015-2020)
5.6 India VSC-HVDC Export and Import (2015-2020)
5.7
6 VSC-HVDC Market - By Type
6.1 Global VSC-HVDC Production and Market Share by Types (2015-2020)
6.1.1 Global VSC-HVDC Production by Types (2015-2020)
6.1.2 Global VSC-HVDC Production Market Share by Types (2015-2020)
6.2 Global VSC-HVDC Value and Market Share by Types (2015-2020)
6.2.1 Global VSC-HVDC Value by Types (2015-2020)
6.2.2 Global VSC-HVDC Value Market Share by Types (2015-2020)
6.3 Global VSC-HVDC Production, Price and Growth Rate of IGBTs (2015-2020)
6.4 Global VSC-HVDC Production, Price and Growth Rate of GTOs (2015-2020)
6.5 Global VSC-HVDC Production, Price and Growth Rate of IGCTs (2015-2020)
7 VSC-HVDC Market - By Application
7.1 Global VSC-HVDC Consumption and Market Share by Applications (2015-2020)
7.1.1 Global VSC-HVDC Consumption by Applications (2015-2020)
7.1.2 Global VSC-HVDC Consumption Market Share by Applications (2015-2020)
7.2 Global VSC-HVDC Consumption and Growth Rate of Wind Power Applications (2015-2020)
7.3 Global VSC-HVDC Consumption and Growth Rate of Bulk Power Transmissions (2015-2020)
7.4 Global VSC-HVDC Consumption and Growth Rate of Submarine (2015-2020)
7.5 Global VSC-HVDC Consumption and Growth Rate of Underground Transmissions (2015-2020)
8 North America VSC-HVDC Market
8.1 North America VSC-HVDC Market Size
8.2 United States VSC-HVDC Market Size
8.3 Canada VSC-HVDC Market Size
8.4 Mexico VSC-HVDC Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe VSC-HVDC Market Analysis
9.1 Europe VSC-HVDC Market Size
9.2 Germany VSC-HVDC Market Size
9.3 United Kingdom VSC-HVDC Market Size
9.4 France VSC-HVDC Market Size
9.5 Italy VSC-HVDC Market Size
9.6 Spain VSC-HVDC Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific VSC-HVDC Market Analysis
10.1 Asia-Pacific VSC-HVDC Market Size
10.2 China VSC-HVDC Market Size
10.3 Japan VSC-HVDC Market Size
10.4 South Korea VSC-HVDC Market Size
10.5 Southeast Asia VSC-HVDC Market Size
10.6 India VSC-HVDC Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa VSC-HVDC Market Analysis
11.1 Middle East and Africa VSC-HVDC Market Size
11.2 Saudi Arabia VSC-HVDC Market Size
11.3 UAE VSC-HVDC Market Size
11.4 South Africa VSC-HVDC Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America VSC-HVDC Market Analysis
12.1 South America VSC-HVDC Market Size
12.2 Brazil VSC-HVDC Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 ABB
13.1.1 ABB Basic Information
13.1.2 ABB Product Profiles, Application and Specification
13.1.3 ABB VSC-HVDC Market Performance (2015-2020)
13.2 C-EPRI Electric Power Engineering
13.2.1 C-EPRI Electric Power Engineering Basic Information
13.2.2 C-EPRI Electric Power Engineering Product Profiles, Application and Specification
13.2.3 C-EPRI Electric Power Engineering VSC-HVDC Market Performance (2015-2020)
13.3 Siemens
13.3.1 Siemens Basic Information
13.3.2 Siemens Product Profiles, Application and Specification
13.3.3 Siemens VSC-HVDC Market Performance (2015-2020)
13.4 Nexans
13.4.1 Nexans Basic Information
13.4.2 Nexans Product Profiles, Application and Specification
13.4.3 Nexans VSC-HVDC Market Performance (2015-2020)
13.5 Hitachi
13.5.1 Hitachi Basic Information
13.5.2 Hitachi Product Profiles, Application and Specification
13.5.3 Hitachi VSC-HVDC Market Performance (2015-2020)
13.6 Prysmian Group
13.6.1 Prysmian Group Basic Information
13.6.2 Prysmian Group Product Profiles, Application and Specification
13.6.3 Prysmian Group VSC-HVDC Market Performance (2015-2020)
13.7 NKT A/S
13.7.1 NKT A/S Basic Information
13.7.2 NKT A/S Product Profiles, Application and Specification
13.7.3 NKT A/S VSC-HVDC Market Performance (2015-2020)
13.8 Mitsubishi Electric
13.8.1 Mitsubishi Electric Basic Information
13.8.2 Mitsubishi Electric Product Profiles, Application and Specification
13.8.3 Mitsubishi Electric VSC-HVDC Market Performance (2015-2020)
13.9 General Electric
13.9.1 General Electric Basic Information
13.9.2 General Electric Product Profiles, Application and Specification
13.9.3 General Electric VSC-HVDC Market Performance (2015-2020)
13.10 NR Electric
13.10.1 NR Electric Basic Information
13.10.2 NR Electric Product Profiles, Application and Specification
13.10.3 NR Electric VSC-HVDC Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America VSC-HVDC Market Forecast (2020-2025)
14.2 Europe VSC-HVDC Market Forecast (2020-2025)
14.3 Asia-Pacific VSC-HVDC Market Forecast (2020-2025)
14.4 Middle East and Africa VSC-HVDC Market Forecast (2020-2025)
14.5 South America VSC-HVDC Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global VSC-HVDC Market Forecast by Types (2020-2025)
15.1.1 Global VSC-HVDC Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global VSC-HVDC Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global VSC-HVDC Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure VSC-HVDC Picture
Table VSC-HVDC Key Market Segments
Figure Study and Forecasting Years
Figure Global VSC-HVDC Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global VSC-HVDC Value ($) and Growth Rate (2015-2020)
Table Global VSC-HVDC Value ($) by Countries (2015-2020)
Table Global VSC-HVDC Value Market Share by Regions (2015-2020)
Figure Global VSC-HVDC Value Market Share by Regions in 2019
Figure Global VSC-HVDC Production and Growth Rate (2015-2020)
Table Global VSC-HVDC Production by Major Countries (2015-2020)
Table Global VSC-HVDC Production Market Share by Major Countries (2015-2020)
Figure Global VSC-HVDC Production Market Share by Regions in 2019
Figure Global VSC-HVDC Consumption and Growth Rate (2015-2020)
Table Global VSC-HVDC Consumption by Regions (2015-2020)
Table Global VSC-HVDC Consumption Market Share by Regions (2015-2020)
Figure Global VSC-HVDC Consumption Market Share by Regions in 2019
Table Global VSC-HVDC Export Top 3 Country 2019
Table Global VSC-HVDC Import Top 3 Country 2019
Table United States VSC-HVDC Export and Import (2015-2020)
Table Europe VSC-HVDC Export and Import (2015-2020)
Table China VSC-HVDC Export and Import (2015-2020)
Table Japan VSC-HVDC Export and Import (2015-2020)
Table India VSC-HVDC Export and Import (2015-2020)
Table Global VSC-HVDC Production by Types (2015-2020)
Table Global VSC-HVDC Production Market Share by Types (2015-2020)
Figure Global VSC-HVDC Production Share by Type (2015-2020)
Table Global VSC-HVDC Value by Types (2015-2020)
Table Global VSC-HVDC Value Market Share by Types (2015-2020)
Figure Global VSC-HVDC Value Share by Type (2015-2020)
Figure Global IGBTs Production and Growth Rate (2015-2020)
Figure Global IGBTs Price (2015-2020)
Figure Global GTOs Production and Growth Rate (2015-2020)
Figure Global GTOs Price (2015-2020)
Figure Global IGCTs Production and Growth Rate (2015-2020)
Figure Global IGCTs Price (2015-2020)
Table Global VSC-HVDC Consumption by Applications (2015-2020)
Table Global VSC-HVDC Consumption Market Share by Applications (2015-2020)
Figure Global VSC-HVDC Consumption Share by Application (2015-2020)
Figure Global Wind Power Applications Consumption and Growth Rate (2015-2020)
Figure Global Bulk Power Transmissions Consumption and Growth Rate (2015-2020)
Figure Global Submarine Consumption and Growth Rate (2015-2020)
Figure Global Underground Transmissions Consumption and Growth Rate (2015-2020)
Figure North America VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Table North America VSC-HVDC Consumption by Countries (2015-2020)
Table North America VSC-HVDC Consumption Market Share by Countries (2015-2020)
Figure North America VSC-HVDC Consumption Market Share by Countries (2015-2020)
Figure United States VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure Canada VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure Mexico VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Table Europe VSC-HVDC Consumption by Countries (2015-2020)
Table Europe VSC-HVDC Consumption Market Share by Countries (2015-2020)
Figure Europe VSC-HVDC Consumption Market Share by Countries (2015-2020)
Figure Germany VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure France VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure Italy VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure Spain VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific VSC-HVDC Consumption by Countries (2015-2020)
Table Asia-Pacific VSC-HVDC Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific VSC-HVDC Consumption Market Share by Countries (2015-2020)
Figure China VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure Japan VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure South Korea VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure India VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa VSC-HVDC Consumption by Countries (2015-2020)
Table Middle East and Africa VSC-HVDC Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa VSC-HVDC Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure UAE VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure South Africa VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Figure South America VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Table South America VSC-HVDC Consumption by Countries (2015-2020)
Table South America VSC-HVDC Consumption Market Share by Countries (2015-2020)
Figure South America VSC-HVDC Consumption Market Share by Countries (2015-2020)
Figure Brazil VSC-HVDC Market Consumption and Growth Rate (2015-2020)
Table ABB Company Profile
Table ABB Production, Value, Price, Gross Margin 2015-2020
Figure ABB Production and Growth Rate
Figure ABB Value ($) Market Share 2015-2020
Table C-EPRI Electric Power Engineering Company Profile
Table C-EPRI Electric Power Engineering Production, Value, Price, Gross Margin 2015-2020
Figure C-EPRI Electric Power Engineering Production and Growth Rate
Figure C-EPRI Electric Power Engineering Value ($) Market Share 2015-2020
Table Siemens Company Profile
Table Siemens Production, Value, Price, Gross Margin 2015-2020
Figure Siemens Production and Growth Rate
Figure Siemens Value ($) Market Share 2015-2020
Table Nexans Company Profile
Table Nexans Production, Value, Price, Gross Margin 2015-2020
Figure Nexans Production and Growth Rate
Figure Nexans Value ($) Market Share 2015-2020
Table Hitachi Company Profile
Table Hitachi Production, Value, Price, Gross Margin 2015-2020
Figure Hitachi Production and Growth Rate
Figure Hitachi Value ($) Market Share 2015-2020
Table Prysmian Group Company Profile
Table Prysmian Group Production, Value, Price, Gross Margin 2015-2020
Figure Prysmian Group Production and Growth Rate
Figure Prysmian Group Value ($) Market Share 2015-2020
Table NKT A/S Company Profile
Table NKT A/S Production, Value, Price, Gross Margin 2015-2020
Figure NKT A/S Production and Growth Rate
Figure NKT A/S Value ($) Market Share 2015-2020
Table Mitsubishi Electric Company Profile
Table Mitsubishi Electric Production, Value, Price, Gross Margin 2015-2020
Figure Mitsubishi Electric Production and Growth Rate
Figure Mitsubishi Electric Value ($) Market Share 2015-2020
Table General Electric Company Profile
Table General Electric Production, Value, Price, Gross Margin 2015-2020
Figure General Electric Production and Growth Rate
Figure General Electric Value ($) Market Share 2015-2020
Table NR Electric Company Profile
Table NR Electric Production, Value, Price, Gross Margin 2015-2020
Figure NR Electric Production and Growth Rate
Figure NR Electric Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global VSC-HVDC Market Forecast Production by Types (2020-2025)
Table Global VSC-HVDC Market Forecast Production Share by Types (2020-2025)
Table Global VSC-HVDC Market Forecast Value ($) by Types (2020-2025)
Table Global VSC-HVDC Market Forecast Value Share by Types (2020-2025)
Table Global VSC-HVDC Market Forecast Consumption by Applications (2020-2025)
Table Global VSC-HVDC Market Forecast Consumption Share by Applications (2020-2025)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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