NEW YORK, Nov. 4, 2014 /PRNewswire/ -- About HVDC Converter Station
A high-voltage, direct current (HVDC) converter station is a specialized type of substation, which is used as an end-to-end equipment for HVDC transmission lines. An HVDC converter station is generally used for the transmission of bulk power to long distances. These stations mainly transmit power from renewable energy sources located at remote areas to urban areas by converting alternate current (AC) to DC or vice versa. Along with the converter, the HVDC converter station usually contains:
• Three-phase AC switch gear
• Transformers
• Capacitors or synchronous condensers for reactive power
• Filters for harmonic suppression
• DC switch gear
TechNavio's analysts forecast the Global HVDC Converter Station market to grow at a CAGR of 22.2 percent over the period 2013-2018.
Covered in this Report
TechNavio's report, the Global HVDC Converter Station Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global HVDC Converter Station Market forecast and its growth prospects in the coming years. The report also includes market segmentation by configuration type along with the geographical segmentation of Global HVDC Converter Station market. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
• ABB
• Alstom
• GE Energy
• Hitachi
• Siemens
Other Prominent Vendors
• ASEA Power Systems
• Ceiec Electric Technology
• Marubeni Power International
• Mitsubishi
• State Grid Corporation of China
• Toshiba
Market Driver
• Strong Offshore Wind Energy Growth
• For a full, detailed list, view our report
Market Challenge
• Transmission Congestion and Instability
• For a full, detailed list, view our report
Market Trend
• Increased Investment in the HVDC System
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Read the full report: http://www.reportlinker.com/p02432725-summary/view-report.html
About Reportlinker
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