High Voltage Direct Current (HVDC) Transmission System Market Report 2026: $20.75+ Bn Opportunities, Trends, Competitive Landscape, Strategies, and Forecasts, 2020-2025, 2025-2030F, 2035F

High-voltage direct current transmission infrastructure with converter stations and power lines.

“The HVDC transmission market is poised for robust expansion, driven by surging renewable energy integration and grid modernization efforts, with projected market value exceeding $20.75 billion by 2030. Key trends include advancements in voltage source converter technology and offshore wind connections, while major players like Siemens Energy and Hitachi Energy dominate through strategic partnerships and … Read more