In the HVDC station, the converter transformer steps-up the generated AC voltages to the required level. The converter station takes the electric power from the three-phase AC network and rectifies it to DC, which is then transmitted through overhead lines (or cables).
This report aims to provide a comprehensive presentation of the global market for HVDC Converter Transformers study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global HVDC Converter Transformers Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global HVDC Converter Transformers Market Sales, 2017-2022, 2023-2028, (Units)
Global top five HVDC Converter Transformers companies in 2021 (%)
The global HVDC Converter Transformers market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
200kV Below Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of HVDC Converter Transformers include Hitachi, Siemens, GE, LS ELECTRIC, Bharat Heavy Electricals Limited, Baoding Tianwei Baobian Electric, TBEA, China XD Group and Shandong Electrical Engineering&Equipment Group. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the HVDC Converter Transformers 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.
Segmental Outline:
Global HVDC Converter Transformers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global HVDC Converter Transformers Market Segment Percentages, by Type, 2021 (%)
200kV Below
201-500kV
501-800kV
801-1100kV
1101kV Above
Global HVDC Converter Transformers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global HVDC Converter Transformers Market Segment Percentages, by Application, 2021 (%)
Hydropower Converter Station
Nuclear Power Converter Station
PV Converter Station
Wind Power Converter Station
Others
Global HVDC Converter Transformers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global HVDC Converter Transformers Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies HVDC Converter Transformers revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies HVDC Converter Transformers revenues share in global market, 2021 (%)
Key companies HVDC Converter Transformers sales in global market, 2017-2022 (Estimated), (Units)
Key companies HVDC Converter Transformers sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hitachi
Siemens
GE
LS ELECTRIC
Bharat Heavy Electricals Limited
Baoding Tianwei Baobian Electric
TBEA
China XD Group
Shandong Electrical Engineering&Equipment Group
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 HVDC Converter Transformers Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global HVDC Converter Transformers 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 HVDC Converter Transformers Overall Market Size
2.1 Global HVDC Converter Transformers Market Size: 2021 VS 2028
2.2 Global HVDC Converter Transformers Revenue, Prospects & Forecasts: 2017-2028
2.3 Global HVDC Converter Transformers Sales: 2017-2028
3 Company Landscape
3.1 Top HVDC Converter Transformers Players in Global Market
3.2 Top Global HVDC Converter Transformers Companies Ranked by Revenue
3.3 Global HVDC Converter Transformers Revenue by Companies
3.4 Global HVDC Converter Transformers Sales by Companies
3.5 Global HVDC Converter Transformers Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 HVDC Converter Transformers Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers HVDC Converter Transformers Product Type
3.8 Tier 1, Tier 2 and Tier 3 HVDC Converter Transformers Players in Global Market
3.8.1 List of Global Tier 1 HVDC Converter Transformers Companies
3.8.2 List of Global Tier 2 and Tier 3 HVDC Converter Transformers Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global HVDC Converter Transformers Market Size Markets, 2021 & 2028
4.1.2 200kV Below
4.1.3 201-500kV
4.1.4 501-800kV
4.1.5 801-1100kV
4.1.6 1101kV Above
4.2 By Type - Global HVDC Converter Transformers Revenue & Forecasts
4.2.1 By Type - Global HVDC Converter Transformers Revenue, 2017-2022
4.2.2 By Type - Global HVDC Converter Transformers Revenue, 2023-2028
4.2.3 By Type - Global HVDC Converter Transformers Revenue Market Share, 2017-2028
4.3 By Type - Global HVDC Converter Transformers Sales & Forecasts
4.3.1 By Type - Global HVDC Converter Transformers Sales, 2017-2022
4.3.2 By Type - Global HVDC Converter Transformers Sales, 2023-2028
4.3.3 By Type - Global HVDC Converter Transformers Sales Market Share, 2017-2028
4.4 By Type - Global HVDC Converter Transformers Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global HVDC Converter Transformers Market Size, 2021 & 2028
5.1.2 Hydropower Converter Station
5.1.3 Nuclear Power Converter Station
5.1.4 PV Converter Station
5.1.5 Wind Power Converter Station
5.1.6 Others
5.2 By Application - Global HVDC Converter Transformers Revenue & Forecasts
5.2.1 By Application - Global HVDC Converter Transformers Revenue, 2017-2022
5.2.2 By Application - Global HVDC Converter Transformers Revenue, 2023-2028
5.2.3 By Application - Global HVDC Converter Transformers Revenue Market Share, 2017-2028
5.3 By Application - Global HVDC Converter Transformers Sales & Forecasts
5.3.1 By Application - Global HVDC Converter Transformers Sales, 2017-2022
5.3.2 By Application - Global HVDC Converter Transformers Sales, 2023-2028
5.3.3 By Application - Global HVDC Converter Transformers Sales Market Share, 2017-2028
5.4 By Application - Global HVDC Converter Transformers Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global HVDC Converter Transformers Market Size, 2021 & 2028
6.2 By Region - Global HVDC Converter Transformers Revenue & Forecasts
6.2.1 By Region - Global HVDC Converter Transformers Revenue, 2017-2022
6.2.2 By Region - Global HVDC Converter Transformers Revenue, 2023-2028
6.2.3 By Region - Global HVDC Converter Transformers Revenue Market Share, 2017-2028
6.3 By Region - Global HVDC Converter Transformers Sales & Forecasts
6.3.1 By Region - Global HVDC Converter Transformers Sales, 2017-2022
6.3.2 By Region - Global HVDC Converter Transformers Sales, 2023-2028
6.3.3 By Region - Global HVDC Converter Transformers Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America HVDC Converter Transformers Revenue, 2017-2028
6.4.2 By Country - North America HVDC Converter Transformers Sales, 2017-2028
6.4.3 US HVDC Converter Transformers Market Size, 2017-2028
6.4.4 Canada HVDC Converter Transformers Market Size, 2017-2028
6.4.5 Mexico HVDC Converter Transformers Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe HVDC Converter Transformers Revenue, 2017-2028
6.5.2 By Country - Europe HVDC Converter Transformers Sales, 2017-2028
6.5.3 Germany HVDC Converter Transformers Market Size, 2017-2028
6.5.4 France HVDC Converter Transformers Market Size, 2017-2028
6.5.5 U.K. HVDC Converter Transformers Market Size, 2017-2028
6.5.6 Italy HVDC Converter Transformers Market Size, 2017-2028
6.5.7 Russia HVDC Converter Transformers Market Size, 2017-2028
6.5.8 Nordic Countries HVDC Converter Transformers Market Size, 2017-2028
6.5.9 Benelux HVDC Converter Transformers Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia HVDC Converter Transformers Revenue, 2017-2028
6.6.2 By Region - Asia HVDC Converter Transformers Sales, 2017-2028
6.6.3 China HVDC Converter Transformers Market Size, 2017-2028
6.6.4 Japan HVDC Converter Transformers Market Size, 2017-2028
6.6.5 South Korea HVDC Converter Transformers Market Size, 2017-2028
6.6.6 Southeast Asia HVDC Converter Transformers Market Size, 2017-2028
6.6.7 India HVDC Converter Transformers Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America HVDC Converter Transformers Revenue, 2017-2028
6.7.2 By Country - South America HVDC Converter Transformers Sales, 2017-2028
6.7.3 Brazil HVDC Converter Transformers Market Size, 2017-2028
6.7.4 Argentina HVDC Converter Transformers Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa HVDC Converter Transformers Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa HVDC Converter Transformers Sales, 2017-2028
6.8.3 Turkey HVDC Converter Transformers Market Size, 2017-2028
6.8.4 Israel HVDC Converter Transformers Market Size, 2017-2028
6.8.5 Saudi Arabia HVDC Converter Transformers Market Size, 2017-2028
6.8.6 UAE HVDC Converter Transformers Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Hitachi
7.1.1 Hitachi Corporate Summary
7.1.2 Hitachi Business Overview
7.1.3 Hitachi HVDC Converter Transformers Major Product Offerings
7.1.4 Hitachi HVDC Converter Transformers Sales and Revenue in Global (2017-2022)
7.1.5 Hitachi Key News
7.2 Siemens
7.2.1 Siemens Corporate Summary
7.2.2 Siemens Business Overview
7.2.3 Siemens HVDC Converter Transformers Major Product Offerings
7.2.4 Siemens HVDC Converter Transformers Sales and Revenue in Global (2017-2022)
7.2.5 Siemens Key News
7.3 GE
7.3.1 GE Corporate Summary
7.3.2 GE Business Overview
7.3.3 GE HVDC Converter Transformers Major Product Offerings
7.3.4 GE HVDC Converter Transformers Sales and Revenue in Global (2017-2022)
7.3.5 GE Key News
7.4 LS ELECTRIC
7.4.1 LS ELECTRIC Corporate Summary
7.4.2 LS ELECTRIC Business Overview
7.4.3 LS ELECTRIC HVDC Converter Transformers Major Product Offerings
7.4.4 LS ELECTRIC HVDC Converter Transformers Sales and Revenue in Global (2017-2022)
7.4.5 LS ELECTRIC Key News
7.5 Bharat Heavy Electricals Limited
7.5.1 Bharat Heavy Electricals Limited Corporate Summary
7.5.2 Bharat Heavy Electricals Limited Business Overview
7.5.3 Bharat Heavy Electricals Limited HVDC Converter Transformers Major Product Offerings
7.5.4 Bharat Heavy Electricals Limited HVDC Converter Transformers Sales and Revenue in Global (2017-2022)
7.5.5 Bharat Heavy Electricals Limited Key News
7.6 Baoding Tianwei Baobian Electric
7.6.1 Baoding Tianwei Baobian Electric Corporate Summary
7.6.2 Baoding Tianwei Baobian Electric Business Overview
7.6.3 Baoding Tianwei Baobian Electric HVDC Converter Transformers Major Product Offerings
7.6.4 Baoding Tianwei Baobian Electric HVDC Converter Transformers Sales and Revenue in Global (2017-2022)
7.6.5 Baoding Tianwei Baobian Electric Key News
7.7 TBEA
7.7.1 TBEA Corporate Summary
7.7.2 TBEA Business Overview
7.7.3 TBEA HVDC Converter Transformers Major Product Offerings
7.7.4 TBEA HVDC Converter Transformers Sales and Revenue in Global (2017-2022)
7.7.5 TBEA Key News
7.8 China XD Group
7.8.1 China XD Group Corporate Summary
7.8.2 China XD Group Business Overview
7.8.3 China XD Group HVDC Converter Transformers Major Product Offerings
7.8.4 China XD Group HVDC Converter Transformers Sales and Revenue in Global (2017-2022)
7.8.5 China XD Group Key News
7.9 Shandong Electrical Engineering&Equipment Group
7.9.1 Shandong Electrical Engineering&Equipment Group Corporate Summary
7.9.2 Shandong Electrical Engineering&Equipment Group Business Overview
7.9.3 Shandong Electrical Engineering&Equipment Group HVDC Converter Transformers Major Product Offerings
7.9.4 Shandong Electrical Engineering&Equipment Group HVDC Converter Transformers Sales and Revenue in Global (2017-2022)
7.9.5 Shandong Electrical Engineering&Equipment Group Key News
8 Global HVDC Converter Transformers Production Capacity, Analysis
8.1 Global HVDC Converter Transformers Production Capacity, 2017-2028
8.2 HVDC Converter Transformers Production Capacity of Key Manufacturers in Global Market
8.3 Global HVDC Converter Transformers Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 HVDC Converter Transformers Supply Chain Analysis
10.1 HVDC Converter Transformers Industry Value Chain
10.2 HVDC Converter Transformers Upstream Market
10.3 HVDC Converter Transformers Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 HVDC Converter Transformers Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
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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Influencing Factors |
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Market Forecast (2021-2026) |
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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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Qualitative Analysis |
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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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