HVDC Transmission Market by Region: North America, Europe, Asia-Pacific Trends
Global HVDC Transmission Market Set to Surge, Projected to Reach $19.49 Billion by 2030 Summary: The High Voltage Direct Current (HVDC) Transmission Market is witnessing rapid growth, fueled by increasing demand for efficient long-distance power transmission and integration of renewable energy sources. With advancements in technology and supportive government policies, the market is expected to reach USD 19.49 billion by 2030, growing at a CAGR of 8.7% from 2023. Ask for Sample to Know US Tariff Impacts on HVDC Transmission Marke t@ https://www.maximizemarketresearch.com/request-sample/29975/ Article Body A) Market Size: As of 2023, the HVDC Transmission Market was valued at USD 10.87 billion. It is forecasted to grow significantly and reach USD 19.49 billion by 2030. This robust growth is driven by the need for low-loss transmission over long distances and the increasing adoption of renewable power sources globally. B) Scope and Research Me...