Research Summary
High Voltage Direct Current (HVDC) Transmission is an advanced technology for efficiently transmitting electrical power over long distances using direct current (DC) at high voltage levels. In contrast to traditional alternating current (AC) transmission, HVDC offers several advantages, including lower energy losses over extended distances, the ability to connect asynchronous power grids, and increased control over power flow. HVDC systems typically involve converting AC power from a generating station into DC for transmission, and then reconverting it to AC at the receiving end. This technology is particularly advantageous for connecting remote renewable energy sources, such as offshore wind farms, to distant load centers. HVDC transmission systems, comprising converters, transformers, and high-voltage DC cables, play a crucial role in modern power grids, enhancing overall efficiency, stability, and the integration of renewable energy into the electricity infrastructure.
According to WENKH research statistics, the global High Voltage Direct Current (HVDC) Transmission market size will reach 12,333 Million USD in 2025 and is projected to reach 20,196 Million USD by 2032, with a CAGR of 7.30% (2025-2032). Among them, the Asia-Pacific High Voltage Direct Current (HVDC) Transmission market is undergoing rapid changes, reaching Million USD in 2025, accounting for approximately % of the global market share. It is projected to reach Million USD by 2032.
The global High Voltage Direct Current Transmission market is expected to undergo transformative growth, driven primarily by the accelerating transition to renewable energy and the urgent need for cross-border power interconnections. With renewable power generation sites often located far from consumption centers, High Voltage Direct Current Transmission technology offers an efficient solution for long-distance, high-capacity energy transfer while minimizing transmission losses. This makes it a critical infrastructure backbone for integrating wind, solar, and hydro power into national and regional grids. Countries across Europe, Asia, and the Americas are increasingly prioritizing investment in High Voltage Direct Current Transmission projects to enhance energy security and grid flexibility.
Technological innovation is also reshaping the competitive landscape. Modular multi-level converter systems and advanced control technologies are significantly enhancing grid compatibility and system efficiency. Moreover, the demand for underground and submarine cable deployment continues to rise, particularly in regions with geographical constraints or sensitive ecosystems. As grid modernization becomes a strategic imperative for decarbonization, High Voltage Direct Current Transmission is positioned as a cornerstone technology, aligning with global carbon neutrality goals. Leading industry players are expanding strategic partnerships and investing in R&D to strengthen their market presence and deliver more robust, scalable, and sustainable transmission solutions.
The global High Voltage Direct Current (HVDC) Transmission market is highly competitive, with key market players including Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group, GE Grid Solution, TBEA, Xuji Group, Nexans, NKT, Mitsubishi Electric, Toshiba Energy Systems & Solutions, NR Electric, etc. This report categorizes the competitive landscape of the global High Voltage Direct Current (HVDC) Transmission market into three tiers based on annual revenue, with the top three market players holding approximately % of the total market share.
This report provides an in-depth analysis of the global High Voltage Direct Current (HVDC) Transmission market, including market size, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, sales revenue, and gross profit margin of major players in the global High Voltage Direct Current (HVDC) Transmission industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different product segments of High Voltage Direct Current (HVDC) Transmission and their downstream application fields.
In terms of data, this report includes a comprehensive time-series dataset. The historical data spans from 2020 to 2024, providing a solid foundation for analyzing past market trends. The year 2025 is used as a base year to accurately assess the current market landscape. Forecast data covers the period from 2026 to 2032, utilizing scientific analysis methods and models to offer forward-looking predictions and insights into the market's future development. This provides valuable reference information for industry participants and stakeholders.
The report covers regions and countries including North America, Europe, China, Asia Pacific (excluding China), Latin America, the Middle East, and Africa. It particularly focuses on the sales revenue of High Voltage Direct Current (HVDC) Transmission in these regions and countries, as well as the market share of key market players in each region. The report provides an in-depth analysis of the regional distribution and future development trends of the High Voltage Direct Current (HVDC) Transmission market. By considering local policies, this report evaluates the market prospects of High Voltage Direct Current (HVDC) Transmission in each region and country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.
This report places a strong emphasis on data quality and reliability, utilizing diverse and extensive data sources to ensure the accuracy and validity of the information presented. Primary data collection involves multiple channels, including in-depth interviews with senior executives, industry experts, supply chain stakeholders, and end consumers. These interviews provide key insights into corporate strategic planning, industry policy interpretation, supply chain dynamics, and end-user experiences. Secondary data sources cover a wide range of authoritative statistics from government agencies, customs databases, industry associations, third-party paid databases, brokerage research reports, academic research findings, corporate annual reports, financial statements, real-time news updates, and relevant information from international organizations. These data sources serve as a solid foundation for verification and analysis.
Companies Covered
Hitachi ABB Power Grids
Siemens
Prysmian Group
XD Group
GE Grid Solution
TBEA
Xuji Group
Nexans
NKT
Mitsubishi Electric
Toshiba Energy Systems & Solutions
NR Electric
Product Segment
Less than 400 KV
400-800 KV
Above 800 KV
Product Application
Overhead Transmission
Underground Transmission
Subsea Transmission
Chapter Scope
Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects
Chapter 2: Global High Voltage Direct Current (HVDC) Transmission Industry Chain Analysis
Chapter 3: Global High Voltage Direct Current (HVDC) Transmission Industry Environment Analysis and Porter's Five Forces Analysis
Chapter 4: Analysis of the Competitive Landscape of Major Companies in the Global High Voltage Direct Current (HVDC) Transmission Market (Market Share, Product Revenue Comparison, Tier Division, Corporate Expansion and M&A Trends)
Chapter 5: Analysis of Global Major Companies (Company Profiles, Product Features and Product Segment, Product Revenue, Product Average Price, Gross Profit Margin and Geographical Sales Share)
Chapter 6: Global High Voltage Direct Current (HVDC) Transmission Product Segment and Downstream Application Size Analysis and Major Regional Market Size Analysis
Chapter 7: North America High Voltage Direct Current (HVDC) Transmission Product Segment, Downstream Application, and Major Countries Market Size Analysis
Chapter 8: Europe High Voltage Direct Current (HVDC) Transmission Product Segment, Downstream Application, and Major Countries Market Size Analysis
Chapter 9: China High Voltage Direct Current (HVDC) Transmission Product Segment, Downstream Application, and Major Countries Market Size Analysis
Chapter 10: Asia Pacific (excluding China) High Voltage Direct Current (HVDC) Transmission Product Segment, Downstream Application, and Major Countries Market Size Analysis
Chapter 11: Latin America High Voltage Direct Current (HVDC) Transmission Product Segment, Downstream Application, and Major Countries Market Size Analysis
Chapter 12: Middle East and Africa High Voltage Direct Current (HVDC) Transmission Product Segment, Downstream Application, and Major Countries Market Size Analysis
Chapter 13: Research Conclusion
Chapter 14: Methodology and Data Source
Purpose and Value of the Report
Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.
Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.
Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.
Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.
Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.
Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.
Table of Contents
1 High Voltage Direct Current (HVDC) Transmission Market Overview
1.1 Product Definition Introduction
1.2 Global High Voltage Direct Current (HVDC) Transmission Market Size and Growth Forecast Analysis (2020-2032)
1.3 High Voltage Direct Current (HVDC) Transmission Market Status and Development Prospects
1.3.1 High Voltage Direct Current (HVDC) Transmission Market Status
1.3.2 High Voltage Direct Current (HVDC) Transmission Industry Development Prospects
1.4 High Voltage Direct Current (HVDC) Transmission Market Overview by Product Segment
1.4.1 Global High Voltage Direct Current (HVDC) Transmission Market Size and Growth Forecast Analysis by Product Segment: 2020 VS 2025 VS 2032
1.4.2 Less than 400 KV
1.4.3 400-800 KV
1.4.4 Above 800 KV
1.5 High Voltage Direct Current (HVDC) Transmission Market Overview by Product Application
1.5.1 Global High Voltage Direct Current (HVDC) Transmission Market Size and Growth Forecast Analysis by Product Application: 2020 VS 2025 VS 2032
1.5.2 Overhead Transmission
1.5.3 Underground Transmission
1.5.4 Subsea Transmission
2 High Voltage Direct Current (HVDC) Transmission Industry Supply Chain Analysis
2.1 High Voltage Direct Current (HVDC) Transmission Supply Chain
2.2 High Voltage Direct Current (HVDC) Transmission Midstream Suppliers
2.3 High Voltage Direct Current (HVDC) Transmission Downstream Customers
2.4 High Voltage Direct Current (HVDC) Transmission Sales Channel Analysis
3 High Voltage Direct Current (HVDC) Transmission Market Environment Analysis
3.1 High Voltage Direct Current (HVDC) Transmission Industry Policy Analysis
3.2 High Voltage Direct Current (HVDC) Transmission Emerging Technology Trends in the Industry
3.3 High Voltage Direct Current (HVDC) Transmission Restraining Factors Analysis
3.4 High Voltage Direct Current (HVDC) Transmission Market Porter's Five Forces Analysis
3.4.1 Competitive Rivalry
3.4.2 Threat of New Entrants
3.4.3 Bargaining Power of Suppliers
3.4.4 Bargaining Power of Buyers
3.4.5 Threat of Substitute Products or Services
4 Global High Voltage Direct Current (HVDC) Transmission Market Players Competition Landscape
4.1 Global High Voltage Direct Current (HVDC) Transmission Market Revenue by Key Players (2021-2025)
4.2 Global High Voltage Direct Current (HVDC) Transmission Market Position by Key Players
4.3 Global Key Players Headquarter and Key Area Served
4.4 Global High Voltage Direct Current (HVDC) Transmission Market Expansion and M&A Dynamic
5 In-depth Analysis of Key Players
5.1 Hitachi ABB Power Grids
5.1.1 Hitachi ABB Power Grids Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
5.1.2 Hitachi ABB Power Grids High Voltage Direct Current (HVDC) Transmission Product Features
5.1.3 Hitachi ABB Power Grids High Voltage Direct Current (HVDC) Transmission Product Revenue and Gross Margin Analysis (2021-2025)
5.1.4 Hitachi ABB Power Grids High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
5.1.5 Hitachi ABB Power Grids High Voltage Direct Current (HVDC) Transmission Revenue by Region
5.2 Siemens
5.2.1 Siemens Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
5.2.2 Siemens High Voltage Direct Current (HVDC) Transmission Product Features
5.2.3 Siemens High Voltage Direct Current (HVDC) Transmission Product Revenue and Gross Margin Analysis (2021-2025)
5.2.4 Siemens High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
5.2.5 Siemens High Voltage Direct Current (HVDC) Transmission Revenue by Region
5.3 Prysmian Group
5.3.1 Prysmian Group Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
5.3.2 Prysmian Group High Voltage Direct Current (HVDC) Transmission Product Features
5.3.3 Prysmian Group High Voltage Direct Current (HVDC) Transmission Product Revenue and Gross Margin Analysis (2021-2025)
5.3.4 Prysmian Group High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
5.3.5 Prysmian Group High Voltage Direct Current (HVDC) Transmission Revenue by Region
5.4 XD Group
5.4.1 XD Group Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
5.4.2 XD Group High Voltage Direct Current (HVDC) Transmission Product Features
5.4.3 XD Group High Voltage Direct Current (HVDC) Transmission Product Revenue and Gross Margin Analysis (2021-2025)
5.4.4 XD Group High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
5.4.5 XD Group High Voltage Direct Current (HVDC) Transmission Revenue by Region
5.5 GE Grid Solution
5.5.1 GE Grid Solution Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
5.5.2 GE Grid Solution High Voltage Direct Current (HVDC) Transmission Product Features
5.5.3 GE Grid Solution High Voltage Direct Current (HVDC) Transmission Product Revenue and Gross Margin Analysis (2021-2025)
5.5.4 GE Grid Solution High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
5.5.5 GE Grid Solution High Voltage Direct Current (HVDC) Transmission Revenue by Region
5.6 TBEA
5.6.1 TBEA Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
5.6.2 TBEA High Voltage Direct Current (HVDC) Transmission Product Features
5.6.3 TBEA High Voltage Direct Current (HVDC) Transmission Product Revenue and Gross Margin Analysis (2021-2025)
5.6.4 TBEA High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
5.6.5 TBEA High Voltage Direct Current (HVDC) Transmission Revenue by Region
5.7 Xuji Group
5.7.1 Xuji Group Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
5.7.2 Xuji Group High Voltage Direct Current (HVDC) Transmission Product Features
5.7.3 Xuji Group High Voltage Direct Current (HVDC) Transmission Product Revenue and Gross Margin Analysis (2021-2025)
5.7.4 Xuji Group High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
5.7.5 Xuji Group High Voltage Direct Current (HVDC) Transmission Revenue by Region
5.8 Nexans
5.8.1 Nexans Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
5.8.2 Nexans High Voltage Direct Current (HVDC) Transmission Product Features
5.8.3 Nexans High Voltage Direct Current (HVDC) Transmission Product Revenue and Gross Margin Analysis (2021-2025)
5.8.4 Nexans High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
5.8.5 Nexans High Voltage Direct Current (HVDC) Transmission Revenue by Region
5.9 NKT
5.9.1 NKT Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
5.9.2 NKT High Voltage Direct Current (HVDC) Transmission Product Features
5.9.3 NKT High Voltage Direct Current (HVDC) Transmission Product Revenue and Gross Margin Analysis (2021-2025)
5.9.4 NKT High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
5.9.5 NKT High Voltage Direct Current (HVDC) Transmission Revenue by Region
5.10 Mitsubishi Electric
5.10.1 Mitsubishi Electric Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
5.10.2 Mitsubishi Electric High Voltage Direct Current (HVDC) Transmission Product Features
5.10.3 Mitsubishi Electric High Voltage Direct Current (HVDC) Transmission Product Revenue and Gross Margin Analysis (2021-2025)
5.10.4 Mitsubishi Electric High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
5.10.5 Mitsubishi Electric High Voltage Direct Current (HVDC) Transmission Revenue by Region
5.11 Toshiba Energy Systems & Solutions
5.11.1 Toshiba Energy Systems & Solutions Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
5.11.2 Toshiba Energy Systems & Solutions High Voltage Direct Current (HVDC) Transmission Product Features
5.11.3 Toshiba Energy Systems & Solutions High Voltage Direct Current (HVDC) Transmission Product Revenue and Gross Margin Analysis (2021-2025)
5.11.4 Toshiba Energy Systems & Solutions High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
5.11.5 Toshiba Energy Systems & Solutions High Voltage Direct Current (HVDC) Transmission Revenue by Region
5.12 NR Electric
5.12.1 NR Electric Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
5.12.2 NR Electric High Voltage Direct Current (HVDC) Transmission Product Features
5.12.3 NR Electric High Voltage Direct Current (HVDC) Transmission Product Revenue and Gross Margin Analysis (2021-2025)
5.12.4 NR Electric High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
5.12.5 NR Electric High Voltage Direct Current (HVDC) Transmission Revenue by Region
6 Global High Voltage Direct Current (HVDC) Transmission Market Analysis by Regions, by Product Segment and Application
6.1 Global High Voltage Direct Current (HVDC) Transmission Market Size and Growth Forecast by Region: 2020 VS 2025 VS 2032
6.1.1 Global High Voltage Direct Current (HVDC) Transmission Market Revenue by Region (2020-2025)
6.1.2 Global High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Region (2026-2032)
6.2 Global High Voltage Direct Current (HVDC) Transmission Market Size by Product Segment (2020-2032)
6.3 Global High Voltage Direct Current (HVDC) Transmission Market Size by Product Application (2020-2032)
7 North America High Voltage Direct Current (HVDC) Transmission Market Analysis
7.1 North America High Voltage Direct Current (HVDC) Transmission Market Prospects
7.1.1 North America High Voltage Direct Current (HVDC) Transmission Market Revenue and Growth Forecast by Countries (2020-2032)
7.1.2 U.S.
7.1.3 Canada
7.2 North America High Voltage Direct Current (HVDC) Transmission Market Size by Product Segment (2020-2032)
7.3 North America High Voltage Direct Current (HVDC) Transmission Market Size by Product Application (2020-2032)
8 Europe High Voltage Direct Current (HVDC) Transmission Market Analysis
8.1 Europe High Voltage Direct Current (HVDC) Transmission Market Prospects
8.1.1 Europe High Voltage Direct Current (HVDC) Transmission Market Revenue and Growth Forecast by Countries (2020-2032)
8.1.2 Germany
8.1.3 France
8.1.4 United Kingdom
8.1.5 Italy
8.1.6 Spain
8.1.7 Benelux
8.2 Europe High Voltage Direct Current (HVDC) Transmission Market Size by Product Segment (2020-2032)
8.3 Europe High Voltage Direct Current (HVDC) Transmission Market Size by Product Application (2020-2032)
9 China High Voltage Direct Current (HVDC) Transmission Market Analysis
9.1 China High Voltage Direct Current (HVDC) Transmission Market Prospects
9.2 China High Voltage Direct Current (HVDC) Transmission Market Size by Product Segment (2020-2032)
9.3 China High Voltage Direct Current (HVDC) Transmission Market Size by Product Application (2020-2032)
10 Asia Pacific (excl. China) High Voltage Direct Current (HVDC) Transmission Market Analysis
10.1 Asia Pacific (excl. China) High Voltage Direct Current (HVDC) Transmission Market Prospects
10.1.1 Asia Pacific (excl. China) High Voltage Direct Current (HVDC) Transmission Revenue and Growth Forecast by Countries (2020-2032)
10.1.2 Japan
10.1.3 South Korea
10.1.4 India
10.1.5 Southeast Asia
10.1.6 Australia
10.2 Asia Pacific (excl. China) High Voltage Direct Current (HVDC) Transmission Market Size by Product Segment (2020-2032)
10.3 Asia Pacific (excl. China) High Voltage Direct Current (HVDC) Transmission Market Size by Product Application (2020-2032)
11 Latin America High Voltage Direct Current (HVDC) Transmission Market Analysis
11.1 Latin America High Voltage Direct Current (HVDC) Transmission Market Prospects
11.1.1 Latin America High Voltage Direct Current (HVDC) Transmission Revenue and Growth Forecast by Countries (2020-2032)
11.1.2 Mexico
11.1.3 Brazil
11.2 Latin America High Voltage Direct Current (HVDC) Transmission Market Size by Product Segment (2020-2032)
11.3 Latin America High Voltage Direct Current (HVDC) Transmission Market Size by Product Application (2020-2032)
12 Middle East and Africa High Voltage Direct Current (HVDC) Transmission Market Analysis
12.1 Middle East and Africa High Voltage Direct Current (HVDC) Transmission Market Prospects
12.1.1 Middle East and Africa High Voltage Direct Current (HVDC) Transmission Revenue and Growth Forecast by Countries (2020-2032)
12.1.2 Saudi Arabia
12.1.3 South Africa
12.2 Middle East and Africa High Voltage Direct Current (HVDC) Transmission Market Size by Product Segment (2020-2032)
12.3 Middle East and Africa High Voltage Direct Current (HVDC) Transmission Market Size by Product Application (2020-2032)
13 Research Conclusion
14 Appendix
14.1 Methodology/Research Approach
14.2 Research Landscape
14.3 Research Benchmark and Hypothesis
14.4 Data Source
14.4.1 Primary Sources
14.4.2 Secondary Sources
14.5 Data Cross Validation
14.6 Disclaimer

Table 1:Global High Voltage Direct Current (HVDC) Transmission Market Size and Growth Forecast Analysis by Product Segment (2020 VS 2025 VS 2032) & (Million USD)
Table 2:Global High Voltage Direct Current (HVDC) Transmission Market Size and Growth Forecast Analysis by Product Application (2020 VS 2025 VS 2032) & (Million USD)
Table 3:High Voltage Direct Current (HVDC) Transmission Downstream Customers List
Table 4:High Voltage Direct Current (HVDC) Transmission Distributors/Dealers List
Table 5:Global High Voltage Direct Current (HVDC) Transmission Market Revenue by Key Players (2021-2025) & (Million USD)
Table 6:Global High Voltage Direct Current (HVDC) Transmission Market Position by Key Players
Table 7:Global Key Players Headquarter and Key Area Served
Table 8:Global High Voltage Direct Current (HVDC) Transmission Market Expansion and M&A Dynamic
Table 9:Hitachi ABB Power Grids Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
Table 10:Hitachi ABB Power Grids High Voltage Direct Current (HVDC) Transmission Product Features
Table 11:Hitachi ABB Power Grids High Voltage Direct Current (HVDC) Transmission Revenue (Million USD) and Gross Margin (2021-2025)
Table 12:Hitachi ABB Power Grids High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
Table 13:Hitachi ABB Power Grids High Voltage Direct Current (HVDC) Transmission Revenue by Region
Table 14:Siemens Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
Table 15:Siemens High Voltage Direct Current (HVDC) Transmission Product Features
Table 16:Siemens High Voltage Direct Current (HVDC) Transmission Revenue (Million USD) and Gross Margin (2021-2025)
Table 17:Siemens High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
Table 18:Siemens High Voltage Direct Current (HVDC) Transmission Revenue by Region
Table 19:Prysmian Group Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
Table 20:Prysmian Group High Voltage Direct Current (HVDC) Transmission Product Features
Table 21:Prysmian Group High Voltage Direct Current (HVDC) Transmission Revenue (Million USD) and Gross Margin (2021-2025)
Table 22:Prysmian Group High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
Table 23:Prysmian Group High Voltage Direct Current (HVDC) Transmission Revenue by Region
Table 24:XD Group Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
Table 25:XD Group High Voltage Direct Current (HVDC) Transmission Product Features
Table 26:XD Group High Voltage Direct Current (HVDC) Transmission Revenue (Million USD) and Gross Margin (2021-2025)
Table 27:XD Group High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
Table 28:XD Group High Voltage Direct Current (HVDC) Transmission Revenue by Region
Table 29:GE Grid Solution Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
Table 30:GE Grid Solution High Voltage Direct Current (HVDC) Transmission Product Features
Table 31:GE Grid Solution High Voltage Direct Current (HVDC) Transmission Revenue (Million USD) and Gross Margin (2021-2025)
Table 32:GE Grid Solution High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
Table 33:GE Grid Solution High Voltage Direct Current (HVDC) Transmission Revenue by Region
Table 34:TBEA Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
Table 35:TBEA High Voltage Direct Current (HVDC) Transmission Product Features
Table 36:TBEA High Voltage Direct Current (HVDC) Transmission Revenue (Million USD) and Gross Margin (2021-2025)
Table 37:TBEA High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
Table 38:TBEA High Voltage Direct Current (HVDC) Transmission Revenue by Region
Table 39:Xuji Group Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
Table 40:Xuji Group High Voltage Direct Current (HVDC) Transmission Product Features
Table 41:Xuji Group High Voltage Direct Current (HVDC) Transmission Revenue (Million USD) and Gross Margin (2021-2025)
Table 42:Xuji Group High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
Table 43:Xuji Group High Voltage Direct Current (HVDC) Transmission Revenue by Region
Table 44:Nexans Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
Table 45:Nexans High Voltage Direct Current (HVDC) Transmission Product Features
Table 46:Nexans High Voltage Direct Current (HVDC) Transmission Revenue (Million USD) and Gross Margin (2021-2025)
Table 47:Nexans High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
Table 48:Nexans High Voltage Direct Current (HVDC) Transmission Revenue by Region
Table 49:NKT Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
Table 50:NKT High Voltage Direct Current (HVDC) Transmission Product Features
Table 51:NKT High Voltage Direct Current (HVDC) Transmission Revenue (Million USD) and Gross Margin (2021-2025)
Table 52:NKT High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
Table 53:NKT High Voltage Direct Current (HVDC) Transmission Revenue by Region
Table 54:Mitsubishi Electric Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
Table 55:Mitsubishi Electric High Voltage Direct Current (HVDC) Transmission Product Features
Table 56:Mitsubishi Electric High Voltage Direct Current (HVDC) Transmission Revenue (Million USD) and Gross Margin (2021-2025)
Table 57:Mitsubishi Electric High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
Table 58:Mitsubishi Electric High Voltage Direct Current (HVDC) Transmission Revenue by Region
Table 59:Toshiba Energy Systems & Solutions Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
Table 60:Toshiba Energy Systems & Solutions High Voltage Direct Current (HVDC) Transmission Product Features
Table 61:Toshiba Energy Systems & Solutions High Voltage Direct Current (HVDC) Transmission Revenue (Million USD) and Gross Margin (2021-2025)
Table 62:Toshiba Energy Systems & Solutions High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
Table 63:Toshiba Energy Systems & Solutions High Voltage Direct Current (HVDC) Transmission Revenue by Region
Table 64:NR Electric Basic Information (Total Revenue, Employees, Main Business, Service Area and Contact Information)
Table 65:NR Electric High Voltage Direct Current (HVDC) Transmission Product Features
Table 66:NR Electric High Voltage Direct Current (HVDC) Transmission Revenue (Million USD) and Gross Margin (2021-2025)
Table 67:NR Electric High Voltage Direct Current (HVDC) Transmission Revenue by Product Segment
Table 68:NR Electric High Voltage Direct Current (HVDC) Transmission Revenue by Region
Table 69:Global High Voltage Direct Current (HVDC) Transmission Market Size and Growth Forecast by Region (2020 VS 2025 VS 2032) & (Million USD)
Table 70:Global High Voltage Direct Current (HVDC) Transmission Market Revenue by Region (2020-2025) & (Million USD)
Table 71:Global High Voltage Direct Current (HVDC) Transmission Market Share by Region (2020-2025)
Table 72:Global High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Region (2026-2032) & (Million USD)
Table 73:Global High Voltage Direct Current (HVDC) Transmission Market Share Forecast by Region (2026-2032)
Table 74:Global High Voltage Direct Current (HVDC) Transmission Market Revenue by Product Segment (2020-2025) & (Million USD)
Table 75:Global High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Product Segment (2026-2032) & (Million USD)
Table 76:Global High Voltage Direct Current (HVDC) Transmission Market Revenue by Product Application (2020-2025) & (Million USD)
Table 77:Global High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Product Application (2026-2032) & (Million USD)
Table 78:North America High Voltage Direct Current (HVDC) Transmission Market Revenue by Countries (2020-2025) & (Million USD)
Table 79:North AmericaHigh Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Countries (2026-2032) & (Million USD)
Table 80:North America High Voltage Direct Current (HVDC) Transmission Market Revenue by Product Segment (2020-2025) & (Million USD)
Table 81:North America High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Product Segment (2026-2032) & (Million USD)
Table 82:North America High Voltage Direct Current (HVDC) Transmission Market Revenue by Product Application (2020-2025) & (Million USD)
Table 83:North America High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Product Application (2026-2032) & (Million USD)
Table 84:Europe High Voltage Direct Current (HVDC) Transmission Market Revenue by Countries (2020-2025) & (Million USD)
Table 85:Europe High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Countries (2026-2032) & (Million USD)
Table 86:Europe High Voltage Direct Current (HVDC) Transmission Market Revenue by Product Segment (2020-2025) & (Million USD)
Table 87:Europe High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Product Segment (2026-2032) & (Million USD)
Table 88:Europe High Voltage Direct Current (HVDC) Transmission Market Revenue by Product Application (2020-2025) & (Million USD)
Table 89:Europe High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Product Application (2026-2032) & (Million USD)
Table 90:China High Voltage Direct Current (HVDC) Transmission Market Revenue by Product Segment (2020-2025) & (Million USD)
Table 91:China High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Product Segment (2026-2032) & (Million USD)
Table 92:China High Voltage Direct Current (HVDC) Transmission Market Revenue by Product Application (2020-2025) & (Million USD)
Table 93:China High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Product Application (2026-2032) & (Million USD)
Table 94:Asia Pacific (excl. China) High Voltage Direct Current (HVDC) Transmission Market Revenue by Countries (2020-2025) & (Million USD)
Table 95:Asia Pacific (excl. China) High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Countries (2026-2032) & (Million USD)
Table 96:Asia Pacific (excl. China) High Voltage Direct Current (HVDC) Transmission Market Revenue by Product Segment (2020-2025) & (Million USD)
Table 97:Asia Pacific (excl. China) High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Product Segment (2026-2032) & (Million USD)
Table 98:Asia Pacific (excl. China) High Voltage Direct Current (HVDC) Transmission Market Revenue by Product Application (2020-2025) & (Million USD)
Table 99:Asia Pacific (excl. China) High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Product Application (2026-2032) & (Million USD)
Table 100:Latin America High Voltage Direct Current (HVDC) Transmission Market Revenue by Countries (2020-2025) & (Million USD)
Table 101:Latin America High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Countries (2026-2032) & (Million USD)
Table 102:Latin America High Voltage Direct Current (HVDC) Transmission Market Revenue by Product Segment (2020-2025) & (Million USD)
Table 103:Latin America High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Product Segment (2026-2032) & (Million USD)
Table 104:Latin America High Voltage Direct Current (HVDC) Transmission Market Revenue by Product Application (2020-2025) & (Million USD)
Table 105:Latin America High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Product Application (2026-2032) & (Million USD)
Table 106:Middle East and Africa High Voltage Direct Current (HVDC) Transmission Market Revenue by Countries (2020-2025) & (Million USD)
Table 107:Middle East and Africa High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Countries (2026-2032) & (Million USD)
Table 108:Middle East and Africa High Voltage Direct Current (HVDC) Transmission Market Revenue by Product Segment (2020-2025) & (Million USD)
Table 109:Middle East and Africa High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Product Segment (2026-2032) & (Million USD)
Table 110:Middle East and Africa High Voltage Direct Current (HVDC) Transmission Market Revenue by Product Application (2020-2025) & (Million USD)
Table 111:Middle East and Africa High Voltage Direct Current (HVDC) Transmission Market Revenue Forecast by Product Application (2026-2032) & (Million USD)
Table 112:Secondary Sources

Figure 1:High Voltage Direct Current (HVDC) Transmission Product Scope
Figure 2:Global High Voltage Direct Current (HVDC) Transmission Market Size and Growth Forecast Analysis (2020-2032) & (Million USD)
Figure 3:Global High Voltage Direct Current (HVDC) Transmission Product Segment Market Share (2025 & 2032)
Figure 4:Global High Voltage Direct Current (HVDC) Transmission Product Application Market Share (2025 & 2032)
Figure 5:Less than 400 KV Product Scope
Figure 6:400-800 KV Product Scope
Figure 7:Above 800 KV Product Scope
Figure 8:Overhead Transmission Product Scope
Figure 9:Underground Transmission Product Scope
Figure 10:Subsea Transmission Product Scope
Figure 11:High Voltage Direct Current (HVDC) Transmission Industrial Chain Framework
Figure 12:Global High Voltage Direct Current (HVDC) Transmission Market by Geographic Segmentation in 2025
Figure 13:Global High Voltage Direct Current (HVDC) Transmission Market Share by Region (2020 VS 2025)
Figure 14:North America High Voltage Direct Current (HVDC) Transmission Market Size and Growth Forecast (2024 VS 2025 VS 2032) & (Million USD)
Figure 15:North America High Voltage Direct Current (HVDC) Transmission Revenue Market Share by Countries (2025 VS 2032)
Figure 16:U.S. High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 17:Canada High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 18:Europe High Voltage Direct Current (HVDC) Transmission Market Size and Growth Forecast (2024 VS 2025 VS 2032) & (Million USD)
Figure 19:Europe High Voltage Direct Current (HVDC) Transmission Revenue Market Share by Countries (2025 VS 2032)
Figure 20:Germany High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 21:France High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 22:United Kingdom High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 23:Italy High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 24:Spain High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 25:Benelux High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 26:China High Voltage Direct Current (HVDC) Transmission Market Size and Growth Forecast (2024 VS 2025 VS 2032) & (Million USD)
Figure 27:Asia Pacific (excl. China) High Voltage Direct Current (HVDC) Transmission Market Size and Growth Forecast (2024 VS 2025 VS 2032) & (Million USD)
Figure 28:Asia Pacific (excl. China) High Voltage Direct Current (HVDC) Transmission Revenue Market Share by Countries (2025 VS 2032)
Figure 29:Japan High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 30:South Korea High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 31:India High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 32:Southeast Asia High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 33:Australia High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 34:Latin America High Voltage Direct Current (HVDC) Transmission Market Size and Growth Forecast (2024 VS 2025 VS 2032) & (Million USD)
Figure 35:Latin America High Voltage Direct Current (HVDC) Transmission Revenue Market Share by Countries (2025 VS 2032)
Figure 36:Mexico High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 37:Brazil High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 38:Middle East and Africa High Voltage Direct Current (HVDC) Transmission Market Size and Growth Forecast (2024 VS 2025 VS 2032) & (Million USD)
Figure 39:Middle East and Africa High Voltage Direct Current (HVDC) Transmission Revenue Market Share by Countries (2025 VS 2032)
Figure 40:Saudi Arabia High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 41:South Africa High Voltage Direct Current (HVDC) Transmission Market Revenue and Forecast (2020-2032) & (Million USD)
Figure 42:Research Methodology
Figure 43:Primary Sources
Figure 44:Data Cross Validation