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Global VSC-Based HVDC Transmission System Market Research Report 2025
Published Date: June 2025
|
Report Code: QYRE-Auto-0N13287
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Global VSC Based HVDC Transmission System Market Research Report 2023
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Global VSC-Based HVDC Transmission System Market Research Report 2025

Code: QYRE-Auto-0N13287
Report
June 2025
Pages:81
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Hitachi ABB Power Grids
Siemens AG
Prysmian Group
XD Group
GE Grid Solution
TBEA
Xuji Group
Nexans S A
NKT
Toshiba Energy Systems & Solutions
Mitsubishi Electric
NR Electric

VSC-Based HVDC Transmission System Market

The global market for VSC-Based HVDC Transmission System was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
North American market for VSC-Based HVDC Transmission System is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for VSC-Based HVDC Transmission System is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for VSC-Based HVDC Transmission System in Subsea Transmission is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of VSC-Based HVDC Transmission System include Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group, GE Grid Solution, TBEA, Xuji Group, Nexans, NKT, Toshiba Energy Systems & Solutions, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for VSC-Based HVDC Transmission System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding VSC-Based HVDC Transmission System.
The VSC-Based HVDC Transmission System market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global VSC-Based HVDC Transmission System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the VSC-Based HVDC Transmission System companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of VSC-Based HVDC Transmission System Market Report

Report Metric Details
Report Name VSC-Based HVDC Transmission System Market
Segment by Type
  • Less than 400 KV
  • 400-800 KV
  • Above 800 KV
Segment by Application
  • Subsea Transmission
  • Underground Transmission
  • Overhead Transmission
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group, GE Grid Solution, TBEA, Xuji Group, Nexans, NKT, Toshiba Energy Systems & Solutions, Mitsubishi Electric, NR Electric
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
  • Chapter 3: Detailed analysis of VSC-Based HVDC Transmission System company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
  • Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 12: The main points and conclusions of the report.

FAQ for this report

Who are the main players in the VSC-Based HVDC Transmission System Market report?

Ans: The main players in the VSC-Based HVDC Transmission System Market are Hitachi ABB Power Grids, Siemens, Prysmian Group, XD Group, GE Grid Solution, TBEA, Xuji Group, Nexans, NKT, Toshiba Energy Systems & Solutions, Mitsubishi Electric, NR Electric

What are the Application segmentation covered in the VSC-Based HVDC Transmission System Market report?

Ans: The Applications covered in the VSC-Based HVDC Transmission System Market report are Subsea Transmission, Underground Transmission, Overhead Transmission

What are the Type segmentation covered in the VSC-Based HVDC Transmission System Market report?

Ans: The Types covered in the VSC-Based HVDC Transmission System Market report are Less than 400 KV, 400-800 KV, Above 800 KV

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global VSC-Based HVDC Transmission System Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Less than 400 KV
1.2.3 400-800 KV
1.2.4 Above 800 KV
1.3 Market by Application
1.3.1 Global VSC-Based HVDC Transmission System Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Subsea Transmission
1.3.3 Underground Transmission
1.3.4 Overhead Transmission
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global VSC-Based HVDC Transmission System Market Perspective (2020-2031)
2.2 Global VSC-Based HVDC Transmission System Growth Trends by Region
2.2.1 Global VSC-Based HVDC Transmission System Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 VSC-Based HVDC Transmission System Historic Market Size by Region (2020-2025)
2.2.3 VSC-Based HVDC Transmission System Forecasted Market Size by Region (2026-2031)
2.3 VSC-Based HVDC Transmission System Market Dynamics
2.3.1 VSC-Based HVDC Transmission System Industry Trends
2.3.2 VSC-Based HVDC Transmission System Market Drivers
2.3.3 VSC-Based HVDC Transmission System Market Challenges
2.3.4 VSC-Based HVDC Transmission System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top VSC-Based HVDC Transmission System Players by Revenue
3.1.1 Global Top VSC-Based HVDC Transmission System Players by Revenue (2020-2025)
3.1.2 Global VSC-Based HVDC Transmission System Revenue Market Share by Players (2020-2025)
3.2 Global VSC-Based HVDC Transmission System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by VSC-Based HVDC Transmission System Revenue
3.4 Global VSC-Based HVDC Transmission System Market Concentration Ratio
3.4.1 Global VSC-Based HVDC Transmission System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by VSC-Based HVDC Transmission System Revenue in 2024
3.5 Global Key Players of VSC-Based HVDC Transmission System Head office and Area Served
3.6 Global Key Players of VSC-Based HVDC Transmission System, Product and Application
3.7 Global Key Players of VSC-Based HVDC Transmission System, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 VSC-Based HVDC Transmission System Breakdown Data by Type
4.1 Global VSC-Based HVDC Transmission System Historic Market Size by Type (2020-2025)
4.2 Global VSC-Based HVDC Transmission System Forecasted Market Size by Type (2026-2031)
5 VSC-Based HVDC Transmission System Breakdown Data by Application
5.1 Global VSC-Based HVDC Transmission System Historic Market Size by Application (2020-2025)
5.2 Global VSC-Based HVDC Transmission System Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America VSC-Based HVDC Transmission System Market Size (2020-2031)
6.2 North America VSC-Based HVDC Transmission System Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America VSC-Based HVDC Transmission System Market Size by Country (2020-2025)
6.4 North America VSC-Based HVDC Transmission System Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe VSC-Based HVDC Transmission System Market Size (2020-2031)
7.2 Europe VSC-Based HVDC Transmission System Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe VSC-Based HVDC Transmission System Market Size by Country (2020-2025)
7.4 Europe VSC-Based HVDC Transmission System Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific VSC-Based HVDC Transmission System Market Size (2020-2031)
8.2 Asia-Pacific VSC-Based HVDC Transmission System Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific VSC-Based HVDC Transmission System Market Size by Region (2020-2025)
8.4 Asia-Pacific VSC-Based HVDC Transmission System Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America VSC-Based HVDC Transmission System Market Size (2020-2031)
9.2 Latin America VSC-Based HVDC Transmission System Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America VSC-Based HVDC Transmission System Market Size by Country (2020-2025)
9.4 Latin America VSC-Based HVDC Transmission System Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa VSC-Based HVDC Transmission System Market Size (2020-2031)
10.2 Middle East & Africa VSC-Based HVDC Transmission System Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa VSC-Based HVDC Transmission System Market Size by Country (2020-2025)
10.4 Middle East & Africa VSC-Based HVDC Transmission System Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Hitachi ABB Power Grids
11.1.1 Hitachi ABB Power Grids Company Details
11.1.2 Hitachi ABB Power Grids Business Overview
11.1.3 Hitachi ABB Power Grids VSC-Based HVDC Transmission System Introduction
11.1.4 Hitachi ABB Power Grids Revenue in VSC-Based HVDC Transmission System Business (2020-2025)
11.1.5 Hitachi ABB Power Grids Recent Development
11.2 Siemens
11.2.1 Siemens Company Details
11.2.2 Siemens Business Overview
11.2.3 Siemens VSC-Based HVDC Transmission System Introduction
11.2.4 Siemens Revenue in VSC-Based HVDC Transmission System Business (2020-2025)
11.2.5 Siemens Recent Development
11.3 Prysmian Group
11.3.1 Prysmian Group Company Details
11.3.2 Prysmian Group Business Overview
11.3.3 Prysmian Group VSC-Based HVDC Transmission System Introduction
11.3.4 Prysmian Group Revenue in VSC-Based HVDC Transmission System Business (2020-2025)
11.3.5 Prysmian Group Recent Development
11.4 XD Group
11.4.1 XD Group Company Details
11.4.2 XD Group Business Overview
11.4.3 XD Group VSC-Based HVDC Transmission System Introduction
11.4.4 XD Group Revenue in VSC-Based HVDC Transmission System Business (2020-2025)
11.4.5 XD Group Recent Development
11.5 GE Grid Solution
11.5.1 GE Grid Solution Company Details
11.5.2 GE Grid Solution Business Overview
11.5.3 GE Grid Solution VSC-Based HVDC Transmission System Introduction
11.5.4 GE Grid Solution Revenue in VSC-Based HVDC Transmission System Business (2020-2025)
11.5.5 GE Grid Solution Recent Development
11.6 TBEA
11.6.1 TBEA Company Details
11.6.2 TBEA Business Overview
11.6.3 TBEA VSC-Based HVDC Transmission System Introduction
11.6.4 TBEA Revenue in VSC-Based HVDC Transmission System Business (2020-2025)
11.6.5 TBEA Recent Development
11.7 Xuji Group
11.7.1 Xuji Group Company Details
11.7.2 Xuji Group Business Overview
11.7.3 Xuji Group VSC-Based HVDC Transmission System Introduction
11.7.4 Xuji Group Revenue in VSC-Based HVDC Transmission System Business (2020-2025)
11.7.5 Xuji Group Recent Development
11.8 Nexans
11.8.1 Nexans Company Details
11.8.2 Nexans Business Overview
11.8.3 Nexans VSC-Based HVDC Transmission System Introduction
11.8.4 Nexans Revenue in VSC-Based HVDC Transmission System Business (2020-2025)
11.8.5 Nexans Recent Development
11.9 NKT
11.9.1 NKT Company Details
11.9.2 NKT Business Overview
11.9.3 NKT VSC-Based HVDC Transmission System Introduction
11.9.4 NKT Revenue in VSC-Based HVDC Transmission System Business (2020-2025)
11.9.5 NKT Recent Development
11.10 Toshiba Energy Systems & Solutions
11.10.1 Toshiba Energy Systems & Solutions Company Details
11.10.2 Toshiba Energy Systems & Solutions Business Overview
11.10.3 Toshiba Energy Systems & Solutions VSC-Based HVDC Transmission System Introduction
11.10.4 Toshiba Energy Systems & Solutions Revenue in VSC-Based HVDC Transmission System Business (2020-2025)
11.10.5 Toshiba Energy Systems & Solutions Recent Development
11.11 Mitsubishi Electric
11.11.1 Mitsubishi Electric Company Details
11.11.2 Mitsubishi Electric Business Overview
11.11.3 Mitsubishi Electric VSC-Based HVDC Transmission System Introduction
11.11.4 Mitsubishi Electric Revenue in VSC-Based HVDC Transmission System Business (2020-2025)
11.11.5 Mitsubishi Electric Recent Development
11.12 NR Electric
11.12.1 NR Electric Company Details
11.12.2 NR Electric Business Overview
11.12.3 NR Electric VSC-Based HVDC Transmission System Introduction
11.12.4 NR Electric Revenue in VSC-Based HVDC Transmission System Business (2020-2025)
11.12.5 NR Electric Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
FEATURED COMPANIES
Hitachi ABB Power Grids
Siemens AG
Prysmian Group
XD Group
GE Grid Solution
TBEA
Xuji Group
Nexans S A
NKT
Toshiba Energy Systems & Solutions
Mitsubishi Electric
NR Electric
List of Tables
 Table 1. Global VSC-Based HVDC Transmission System Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of Less than 400 KV
 Table 3. Key Players of 400-800 KV
 Table 4. Key Players of Above 800 KV
 Table 5. Global VSC-Based HVDC Transmission System Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 6. Global VSC-Based HVDC Transmission System Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 7. Global VSC-Based HVDC Transmission System Market Size by Region (2020-2025) & (US$ Million)
 Table 8. Global VSC-Based HVDC Transmission System Market Share by Region (2020-2025)
 Table 9. Global VSC-Based HVDC Transmission System Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 10. Global VSC-Based HVDC Transmission System Market Share by Region (2026-2031)
 Table 11. VSC-Based HVDC Transmission System Market Trends
 Table 12. VSC-Based HVDC Transmission System Market Drivers
 Table 13. VSC-Based HVDC Transmission System Market Challenges
 Table 14. VSC-Based HVDC Transmission System Market Restraints
 Table 15. Global VSC-Based HVDC Transmission System Revenue by Players (2020-2025) & (US$ Million)
 Table 16. Global VSC-Based HVDC Transmission System Market Share by Players (2020-2025)
 Table 17. Global Top VSC-Based HVDC Transmission System Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in VSC-Based HVDC Transmission System as of 2024)
 Table 18. Ranking of Global Top VSC-Based HVDC Transmission System Companies by Revenue (US$ Million) in 2024
 Table 19. Global 5 Largest Players Market Share by VSC-Based HVDC Transmission System Revenue (CR5 and HHI) & (2020-2025)
 Table 20. Global Key Players of VSC-Based HVDC Transmission System, Headquarters and Area Served
 Table 21. Global Key Players of VSC-Based HVDC Transmission System, Product and Application
 Table 22. Global Key Players of VSC-Based HVDC Transmission System, Date of Enter into This Industry
 Table 23. Mergers & Acquisitions, Expansion Plans
 Table 24. Global VSC-Based HVDC Transmission System Market Size by Type (2020-2025) & (US$ Million)
 Table 25. Global VSC-Based HVDC Transmission System Revenue Market Share by Type (2020-2025)
 Table 26. Global VSC-Based HVDC Transmission System Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 27. Global VSC-Based HVDC Transmission System Revenue Market Share by Type (2026-2031)
 Table 28. Global VSC-Based HVDC Transmission System Market Size by Application (2020-2025) & (US$ Million)
 Table 29. Global VSC-Based HVDC Transmission System Revenue Market Share by Application (2020-2025)
 Table 30. Global VSC-Based HVDC Transmission System Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 31. Global VSC-Based HVDC Transmission System Revenue Market Share by Application (2026-2031)
 Table 32. North America VSC-Based HVDC Transmission System Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 33. North America VSC-Based HVDC Transmission System Market Size by Country (2020-2025) & (US$ Million)
 Table 34. North America VSC-Based HVDC Transmission System Market Size by Country (2026-2031) & (US$ Million)
 Table 35. Europe VSC-Based HVDC Transmission System Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 36. Europe VSC-Based HVDC Transmission System Market Size by Country (2020-2025) & (US$ Million)
 Table 37. Europe VSC-Based HVDC Transmission System Market Size by Country (2026-2031) & (US$ Million)
 Table 38. Asia-Pacific VSC-Based HVDC Transmission System Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 39. Asia-Pacific VSC-Based HVDC Transmission System Market Size by Region (2020-2025) & (US$ Million)
 Table 40. Asia-Pacific VSC-Based HVDC Transmission System Market Size by Region (2026-2031) & (US$ Million)
 Table 41. Latin America VSC-Based HVDC Transmission System Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 42. Latin America VSC-Based HVDC Transmission System Market Size by Country (2020-2025) & (US$ Million)
 Table 43. Latin America VSC-Based HVDC Transmission System Market Size by Country (2026-2031) & (US$ Million)
 Table 44. Middle East & Africa VSC-Based HVDC Transmission System Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 45. Middle East & Africa VSC-Based HVDC Transmission System Market Size by Country (2020-2025) & (US$ Million)
 Table 46. Middle East & Africa VSC-Based HVDC Transmission System Market Size by Country (2026-2031) & (US$ Million)
 Table 47. Hitachi ABB Power Grids Company Details
 Table 48. Hitachi ABB Power Grids Business Overview
 Table 49. Hitachi ABB Power Grids VSC-Based HVDC Transmission System Product
 Table 50. Hitachi ABB Power Grids Revenue in VSC-Based HVDC Transmission System Business (2020-2025) & (US$ Million)
 Table 51. Hitachi ABB Power Grids Recent Development
 Table 52. Siemens Company Details
 Table 53. Siemens Business Overview
 Table 54. Siemens VSC-Based HVDC Transmission System Product
 Table 55. Siemens Revenue in VSC-Based HVDC Transmission System Business (2020-2025) & (US$ Million)
 Table 56. Siemens Recent Development
 Table 57. Prysmian Group Company Details
 Table 58. Prysmian Group Business Overview
 Table 59. Prysmian Group VSC-Based HVDC Transmission System Product
 Table 60. Prysmian Group Revenue in VSC-Based HVDC Transmission System Business (2020-2025) & (US$ Million)
 Table 61. Prysmian Group Recent Development
 Table 62. XD Group Company Details
 Table 63. XD Group Business Overview
 Table 64. XD Group VSC-Based HVDC Transmission System Product
 Table 65. XD Group Revenue in VSC-Based HVDC Transmission System Business (2020-2025) & (US$ Million)
 Table 66. XD Group Recent Development
 Table 67. GE Grid Solution Company Details
 Table 68. GE Grid Solution Business Overview
 Table 69. GE Grid Solution VSC-Based HVDC Transmission System Product
 Table 70. GE Grid Solution Revenue in VSC-Based HVDC Transmission System Business (2020-2025) & (US$ Million)
 Table 71. GE Grid Solution Recent Development
 Table 72. TBEA Company Details
 Table 73. TBEA Business Overview
 Table 74. TBEA VSC-Based HVDC Transmission System Product
 Table 75. TBEA Revenue in VSC-Based HVDC Transmission System Business (2020-2025) & (US$ Million)
 Table 76. TBEA Recent Development
 Table 77. Xuji Group Company Details
 Table 78. Xuji Group Business Overview
 Table 79. Xuji Group VSC-Based HVDC Transmission System Product
 Table 80. Xuji Group Revenue in VSC-Based HVDC Transmission System Business (2020-2025) & (US$ Million)
 Table 81. Xuji Group Recent Development
 Table 82. Nexans Company Details
 Table 83. Nexans Business Overview
 Table 84. Nexans VSC-Based HVDC Transmission System Product
 Table 85. Nexans Revenue in VSC-Based HVDC Transmission System Business (2020-2025) & (US$ Million)
 Table 86. Nexans Recent Development
 Table 87. NKT Company Details
 Table 88. NKT Business Overview
 Table 89. NKT VSC-Based HVDC Transmission System Product
 Table 90. NKT Revenue in VSC-Based HVDC Transmission System Business (2020-2025) & (US$ Million)
 Table 91. NKT Recent Development
 Table 92. Toshiba Energy Systems & Solutions Company Details
 Table 93. Toshiba Energy Systems & Solutions Business Overview
 Table 94. Toshiba Energy Systems & Solutions VSC-Based HVDC Transmission System Product
 Table 95. Toshiba Energy Systems & Solutions Revenue in VSC-Based HVDC Transmission System Business (2020-2025) & (US$ Million)
 Table 96. Toshiba Energy Systems & Solutions Recent Development
 Table 97. Mitsubishi Electric Company Details
 Table 98. Mitsubishi Electric Business Overview
 Table 99. Mitsubishi Electric VSC-Based HVDC Transmission System Product
 Table 100. Mitsubishi Electric Revenue in VSC-Based HVDC Transmission System Business (2020-2025) & (US$ Million)
 Table 101. Mitsubishi Electric Recent Development
 Table 102. NR Electric Company Details
 Table 103. NR Electric Business Overview
 Table 104. NR Electric VSC-Based HVDC Transmission System Product
 Table 105. NR Electric Revenue in VSC-Based HVDC Transmission System Business (2020-2025) & (US$ Million)
 Table 106. NR Electric Recent Development
 Table 107. Research Programs/Design for This Report
 Table 108. Key Data Information from Secondary Sources
 Table 109. Key Data Information from Primary Sources
 Table 110. Authors List of This Report


List of Figures
 Figure 1. VSC-Based HVDC Transmission System Picture
 Figure 2. Global VSC-Based HVDC Transmission System Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global VSC-Based HVDC Transmission System Market Share by Type: 2024 VS 2031
 Figure 4. Less than 400 KV Features
 Figure 5. 400-800 KV Features
 Figure 6. Above 800 KV Features
 Figure 7. Global VSC-Based HVDC Transmission System Market Size by Application (2020-2031) & (US$ Million)
 Figure 8. Global VSC-Based HVDC Transmission System Market Share by Application: 2024 VS 2031
 Figure 9. Subsea Transmission Case Studies
 Figure 10. Underground Transmission Case Studies
 Figure 11. Overhead Transmission Case Studies
 Figure 12. VSC-Based HVDC Transmission System Report Years Considered
 Figure 13. Global VSC-Based HVDC Transmission System Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 14. Global VSC-Based HVDC Transmission System Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 15. Global VSC-Based HVDC Transmission System Market Share by Region: 2024 VS 2031
 Figure 16. Global VSC-Based HVDC Transmission System Market Share by Players in 2024
 Figure 17. Global Top VSC-Based HVDC Transmission System Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in VSC-Based HVDC Transmission System as of 2024)
 Figure 18. The Top 10 and 5 Players Market Share by VSC-Based HVDC Transmission System Revenue in 2024
 Figure 19. North America VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 20. North America VSC-Based HVDC Transmission System Market Share by Country (2020-2031)
 Figure 21. United States VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 22. Canada VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 23. Europe VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 24. Europe VSC-Based HVDC Transmission System Market Share by Country (2020-2031)
 Figure 25. Germany VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 26. France VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 27. U.K. VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 28. Italy VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 29. Russia VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 30. Nordic Countries VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 31. Asia-Pacific VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 32. Asia-Pacific VSC-Based HVDC Transmission System Market Share by Region (2020-2031)
 Figure 33. China VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 34. Japan VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 35. South Korea VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 36. Southeast Asia VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. India VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. Australia VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 39. Latin America VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 40. Latin America VSC-Based HVDC Transmission System Market Share by Country (2020-2031)
 Figure 41. Mexico VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 42. Brazil VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 43. Middle East & Africa VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 44. Middle East & Africa VSC-Based HVDC Transmission System Market Share by Country (2020-2031)
 Figure 45. Turkey VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 46. Saudi Arabia VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 47. UAE VSC-Based HVDC Transmission System Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 48. Hitachi ABB Power Grids Revenue Growth Rate in VSC-Based HVDC Transmission System Business (2020-2025)
 Figure 49. Siemens Revenue Growth Rate in VSC-Based HVDC Transmission System Business (2020-2025)
 Figure 50. Prysmian Group Revenue Growth Rate in VSC-Based HVDC Transmission System Business (2020-2025)
 Figure 51. XD Group Revenue Growth Rate in VSC-Based HVDC Transmission System Business (2020-2025)
 Figure 52. GE Grid Solution Revenue Growth Rate in VSC-Based HVDC Transmission System Business (2020-2025)
 Figure 53. TBEA Revenue Growth Rate in VSC-Based HVDC Transmission System Business (2020-2025)
 Figure 54. Xuji Group Revenue Growth Rate in VSC-Based HVDC Transmission System Business (2020-2025)
 Figure 55. Nexans Revenue Growth Rate in VSC-Based HVDC Transmission System Business (2020-2025)
 Figure 56. NKT Revenue Growth Rate in VSC-Based HVDC Transmission System Business (2020-2025)
 Figure 57. Toshiba Energy Systems & Solutions Revenue Growth Rate in VSC-Based HVDC Transmission System Business (2020-2025)
 Figure 58. Mitsubishi Electric Revenue Growth Rate in VSC-Based HVDC Transmission System Business (2020-2025)
 Figure 59. NR Electric Revenue Growth Rate in VSC-Based HVDC Transmission System Business (2020-2025)
 Figure 60. Bottom-up and Top-down Approaches for This Report
 Figure 61. Data Triangulation
 Figure 62. Key Executives Interviewed
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