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Global High Voltage Direct Current Transmission Converter Valve Market Outlook, In‑Depth Analysis & Forecast to 2031
Published Date: November 2025
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Report Code: QYRE-Auto-18J17310
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Global High Voltage Direct Current Transmission Converter Valve Market Research Report 2024
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Global High Voltage Direct Current Transmission Converter Valve Market Outlook, In‑Depth Analysis & Forecast to 2031

Code: QYRE-Auto-18J17310
Report
November 2025
Pages:139
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

High Voltage Direct Current Transmission Converter Valve Market

The global High Voltage Direct Current Transmission Converter Valve market is projected to grow from US$ million in 2024 to US$ million by 2031, at a CAGR of %(2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
High Voltage Direct Current Transmission Converter Valve is a key component in HVDC systems, which are used to convert alternating current (AC) to direct current (DC) or vice versa. These valves are built with semiconductors that have the ability to turn on and off, allowing for the control of power flow in HVDC transmission lines.
From a downstream perspective, Industrial Power Grid accounted for % of 2024 revenue, surging to US$ million by 2031 (CAGR: % from 2025–2031).
High Voltage Direct Current Transmission Converter Valve leading manufacturers including XJ electric Limited by Share Ltd, Siemens Energy, GE, ABB, Hitachi Energy, Toshiba, Mitsubishi Electric, C-EPRI Electric Power Engineering, NR Electric, etc., dominate supply; the top five capture approximately % of global revenue, with XJ electric Limited by Share Ltd leading 2024 sales at US$ million.
Regional Outlook:
North America rose from US$ million in 2024 to a forecast US$ million by 2031 (CAGR %).
Asia‑Pacific will expand from US$ million to US$ million (CAGR  %), led by China (US$ million in 2024, % share rising to % by 2031), Japan (CAGR %), South Korea (CAGR %), and Southeast Asia (CAGR %).
Europe is set to grow from US$ million to US$ million (CAGR %), with Germany projected to hit US$ million by 2031 (CAGR %).

Report Includes:

This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global High Voltage Direct Current Transmission Converter Valve market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.
Critical competitive intelligence profiles manufacturers—capacity, sales volume, revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.
Market Segmentation

Scope of High Voltage Direct Current Transmission Converter Valve Market Report

Report Metric Details
Report Name High Voltage Direct Current Transmission Converter Valve Market
Segment by Type
  • ine-Commutated Converters (LCC)
  • Voltage Source Converters (VSC)
Segment by Application
  • Industrial Power Grid
  • Civil Power Grid
  • Others
Production by Region
  • North America
  • Europe
  • China
  • Japan
Sales 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 XJ electric Limited by Share Ltd, Siemens Energy, GE, ABB, Hitachi Energy, Toshiba, Mitsubishi Electric, C-EPRI Electric Power Engineering, 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: Defines the High Voltage Direct Current Transmission Converter Valve study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
  • Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
  • Chapter 3: Maps global production capacity, utilization, and market share (2020–2031), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks.
  • Chapter 4: Dissects the manufacturer landscape—ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves.
  • Chapter 5: Unlocks high margin product segments—compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
  • Chapter 6: Targets downstream market opportunities—evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
  • Chapter 7: North America—breaks down sales and revenue by Type, by Application and country, profiles key manufacturers and assesses growth drivers and barriers.
  • Chapter 8: Europe—analyses regional sales, revenue and market by Type, by Application and manufacturers, flagging drivers and barriers.
  • Chapter 9: Asia Pacific—quantifies sales and revenue by Type, by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas.
  • Chapter 10: Central & South America—measures sales and revenue by Type, by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges.
  • Chapter 11: Middle East and Africa—evaluates sales and revenue by Type, by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
  • Chapter 12: Profiles manufacturers in depth—details product specs, capacity, sales, revenue, margins; Top manufactures 2024 sales breakdowns by Product type, by Application, by sales region SWOT analysis, and recent strategic developments.
  • Chapter 13: Supply chain—analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles.
  • Chapter 14: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
  • Chapter 15: Actionable conclusions and strategic recommendations.
  • Why This Report:
  • Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
  • Allocate capital strategically to high growth regions (Chapters 7–11) and margin rich segments (Chapter 5).
  • Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.
  • Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).
  • Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).
  • Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.

FAQ for this report

Who are the main players in the High Voltage Direct Current Transmission Converter Valve Market report?

Ans: The main players in the High Voltage Direct Current Transmission Converter Valve Market are XJ electric Limited by Share Ltd, Siemens Energy, GE, ABB, Hitachi Energy, Toshiba, Mitsubishi Electric, C-EPRI Electric Power Engineering, NR Electric

What are the Application segmentation covered in the High Voltage Direct Current Transmission Converter Valve Market report?

Ans: The Applications covered in the High Voltage Direct Current Transmission Converter Valve Market report are Industrial Power Grid, Civil Power Grid, Others

What are the Type segmentation covered in the High Voltage Direct Current Transmission Converter Valve Market report?

Ans: The Types covered in the High Voltage Direct Current Transmission Converter Valve Market report are ine-Commutated Converters (LCC), Voltage Source Converters (VSC)

1 Study Coverage
1.1 Introduction to High Voltage Direct Current Transmission Converter Valve: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global High Voltage Direct Current Transmission Converter Valve Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 ine-Commutated Converters (LCC)
1.2.3 Voltage Source Converters (VSC)
1.3 Market Segmentation by Application
1.3.1 Global High Voltage Direct Current Transmission Converter Valve Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Industrial Power Grid
1.3.3 Civil Power Grid
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global High Voltage Direct Current Transmission Converter Valve Revenue Estimates and Forecasts 2020-2031
2.2 Global High Voltage Direct Current Transmission Converter Valve Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020--2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.3 Global High Voltage Direct Current Transmission Converter Valve Sales Estimates and Forecasts 2020-2031
2.4 Global High Voltage Direct Current Transmission Converter Valve Sales by Region
2.4.1 Sales Comparison: 2020 VS 2024 VS 2031
2.4.2 Historical and Forecasted Sales by Region (2020-2031)
2.4.3 Emerging Market Focus: Growth Drivers & Investment Trends
2.4.4 Global Sales Market Share by Region (2020-2031)
3 Global Production Analysis
3.1 Global High Voltage Direct Current Transmission Converter Valve Production Capacity and Utilization Rates (2020–2031)
3.2 Regional Production: Comparative Analysis (2020 VS 2024 VS 2031)
3.3 Regional Production Dynamics
3.3.1 Historic Production by Region (2020-2025)
3.3.2 Forecasted Production by Region (2026-2031)
3.3.3 Production Market Share by Region (2020-2031)
3.3.4 Regulatory and Trade Policy Impact on Production
3.3.5 Production Capacity Enablers and Constraints
3.4 Key Regional Production Hubs
3.4.1 North America
3.4.2 Europe
3.4.3 China
3.4.4 Japan
4 Competition by Manufacturers
4.1 Global High Voltage Direct Current Transmission Converter Valve Sales by Manufacturers
4.1.1 Global Sales Volume by Manufacturers (2020-2025)
4.1.2 Global Top 5 and Top 10 Manufacturers’Market Share by Sales Volume (2024)
4.2 Global High Voltage Direct Current Transmission Converter Valve Manufacturer Revenue Rankings and Tiers
4.2.1 Global Revenue (Value) by Manufacturers (2020-2025)
4.2.2 Global Key Manufacturer Revenue Ranking (2023 vs. 2024)
4.2.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
4.3 Manufacturer Profitability Profiles and Pricing Strategies
4.3.1 Gross Margin by Top Manufacturer (2020 VS 2024)
4.3.2 Manufacturer-Level Price Trends (2020-2025)
4.4 Key Manufacturers Manufacturing Base and Headquarters
4.5 Main Product Type Market Size by Manufacturers
4.5.1 ine-Commutated Converters (LCC) Market Size by Manufacturers
4.5.2 Voltage Source Converters (VSC) Market Size by Manufacturers
4.6 Global High Voltage Direct Current Transmission Converter Valve Market Concentration and Dynamics
4.6.1 Global Market Concentration (CR5 and HHI)
4.6.2 Entrant/Exit Impact Analysis
4.6.3 Strategic Moves: M&A, Capacity Expansion, R&D Investment
5 Global Product Segmentation Analysis
5.1 Global High Voltage Direct Current Transmission Converter Valve Sales Performance by Type
5.1.1 Global Historical and Forecasted Sales by Type (2020-2031)
5.1.2 Global Sales Market Share by Type (2020-2031)
5.2 Global High Voltage Direct Current Transmission Converter Valve Revenue Trends by Type
5.2.1 Global Historical and Forecasted Revenue by Type (2020-2031)
5.2.2 Global Revenue Market Share by Type (2020-2031)
5.3 Global Average Selling Price (ASP) Trends by Type (2020-2031)
5.4 Product Technology Differentiation
5.5 Subtype Dynamics: Growth Leaders, Profitability and Risk
5.5.1 High-Growth Niches and Adoption Drivers
5.5.2 Profitability Hotspots and Cost Drivers
5.5.3 Substitution Threats
6 Global Downstream Application Analysis
6.1 Global High Voltage Direct Current Transmission Converter Valve Sales by Application
6.1.1 Global Historical and Forecasted Sales by Application (2020-2031)
6.1.2 Global Sales Market Share by Application (2020-2031)
6.1.3 High-Growth Application Identification
6.1.4 Emerging Application Case Studies
6.2 Global High Voltage Direct Current Transmission Converter Valve Revenue by Application
6.2.1 Global Historical and Forecasted Revenue by Application (2020-2031)
6.2.2 Revenue Market Share by Application (2020-2031)
6.3 Global Pricing Dynamics by Application (2020-2031)
6.4 Downstream Customer Analysis
6.4.1 Top Customers by Region
6.4.2 Top Customers by Application
7 North America
7.1 North America Sales Volume and Revenue (2020-2031)
7.2 North America Key Manufacturers Sales Revenue in 2024
7.3 North America High Voltage Direct Current Transmission Converter Valve Sales and Revenue by Type (2020-2031)
7.4 North America High Voltage Direct Current Transmission Converter Valve Sales and Revenue by Application (2020-2031)
7.5 North America Growth Accelerators and Market Barriers
7.6 North America High Voltage Direct Current Transmission Converter Valve Market Size by Country
7.6.1 North America Revenue by Country
7.6.2 North America Sales Trends by Country
7.6.3 US
7.6.4 Canada
7.6.5 Mexico
8 Europe
8.1 Europe Sales Volume and Revenue (2020-2031)
8.2 Europe Key Manufacturers Sales Revenue in 2024
8.3 Europe High Voltage Direct Current Transmission Converter Valve Sales and Revenue by Type (2020-2031)
8.4 Europe High Voltage Direct Current Transmission Converter Valve Sales and Revenue by Application (2020-2031)
8.5 Europe Growth Accelerators and Market Barriers
8.6 Europe High Voltage Direct Current Transmission Converter Valve Market Size by Country
8.6.1 Europe Revenue by Country
8.6.2 Europe Sales Trends by Country
8.6.3 Germany
8.6.4 France
8.6.5 U.K.
8.6.6 Italy
8.6.7 Russia
9 Asia-Pacific
9.1 Asia-Pacific Sales Volume and Revenue (2020-2031)
9.2 Asia-Pacific Key Manufacturers Sales Revenue in 2024
9.3 Asia-Pacific High Voltage Direct Current Transmission Converter Valve Sales and Revenue by Type (2020-2031)
9.4 Asia-Pacific High Voltage Direct Current Transmission Converter Valve Sales and Revenue by Application (2020-2031)
9.5 Asia-Pacific High Voltage Direct Current Transmission Converter Valve Market Size by Region
9.5.1 Asia-Pacific Revenue by Region
9.5.2 Asia-Pacific Sales Trends by Region
9.6 Asia-Pacific Growth Accelerators and Market Barriers
9.7 Southeast Asia
9.7.1 Southeast Asia Revenue by Country (2020 VS 2024 VS 2031)
9.7.2 Key Country Analysis: Indonesia, Vietnam, Thailand
9.8 China
9.9 Japan
9.10 South Korea
9.11 China Taiwan
9.12 India
10 Central and South America
10.1 Central and South America Sales Volume and Revenue (2020-2031)
10.2 Central and South America Key Manufacturers Sales Revenue in 2024
10.3 Central and South America High Voltage Direct Current Transmission Converter Valve Sales and Revenue by Type (2020-2031)
10.4 Central and South America High Voltage Direct Current Transmission Converter Valve Sales and Revenue by Application (2020-2031)
10.5 Central and South America Investment Opportunities and Key Challenges
10.6 Central and South America High Voltage Direct Current Transmission Converter Valve Market Size by Country
10.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 Brazil
10.6.3 Argentina
11 Middle East and Africa
11.1 Middle East and Africa Sales Volume and Revenue (2020-2031)
11.2 Middle East and Africa Key Manufacturers Sales Revenue in 2024
11.3 Middle East and Africa High Voltage Direct Current Transmission Converter Valve Sales and Revenue by Type (2020-2031)
11.4 Middle East and Africa High Voltage Direct Current Transmission Converter Valve Sales and Revenue by Application (2020-2031)
11.5 Middle East and Africa Investment Opportunities and Key Challenges
11.6 Middle East and Africa High Voltage Direct Current Transmission Converter Valve Market Size by Country
11.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
11.6.2 GCC Countries
11.6.3 Turkey
11.6.4 Egypt
11.6.5 South Africa
12 Corporate Profile
12.1 XJ electric Limited by Share Ltd
12.1.1 XJ electric Limited by Share Ltd Corporation Information
12.1.2 XJ electric Limited by Share Ltd Business Overview
12.1.3 XJ electric Limited by Share Ltd High Voltage Direct Current Transmission Converter Valve Product Models, Descriptions and Specifications
12.1.4 XJ electric Limited by Share Ltd High Voltage Direct Current Transmission Converter Valve Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.1.5 XJ electric Limited by Share Ltd High Voltage Direct Current Transmission Converter Valve Sales by Product in 2024
12.1.6 XJ electric Limited by Share Ltd High Voltage Direct Current Transmission Converter Valve Sales by Application in 2024
12.1.7 XJ electric Limited by Share Ltd High Voltage Direct Current Transmission Converter Valve Sales by Geographic Area in 2024
12.1.8 XJ electric Limited by Share Ltd High Voltage Direct Current Transmission Converter Valve SWOT Analysis
12.1.9 XJ electric Limited by Share Ltd Recent Developments
12.2 Siemens Energy
12.2.1 Siemens Energy Corporation Information
12.2.2 Siemens Energy Business Overview
12.2.3 Siemens Energy High Voltage Direct Current Transmission Converter Valve Product Models, Descriptions and Specifications
12.2.4 Siemens Energy High Voltage Direct Current Transmission Converter Valve Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.2.5 Siemens Energy High Voltage Direct Current Transmission Converter Valve Sales by Product in 2024
12.2.6 Siemens Energy High Voltage Direct Current Transmission Converter Valve Sales by Application in 2024
12.2.7 Siemens Energy High Voltage Direct Current Transmission Converter Valve Sales by Geographic Area in 2024
12.2.8 Siemens Energy High Voltage Direct Current Transmission Converter Valve SWOT Analysis
12.2.9 Siemens Energy Recent Developments
12.3 GE
12.3.1 GE Corporation Information
12.3.2 GE Business Overview
12.3.3 GE High Voltage Direct Current Transmission Converter Valve Product Models, Descriptions and Specifications
12.3.4 GE High Voltage Direct Current Transmission Converter Valve Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.3.5 GE High Voltage Direct Current Transmission Converter Valve Sales by Product in 2024
12.3.6 GE High Voltage Direct Current Transmission Converter Valve Sales by Application in 2024
12.3.7 GE High Voltage Direct Current Transmission Converter Valve Sales by Geographic Area in 2024
12.3.8 GE High Voltage Direct Current Transmission Converter Valve SWOT Analysis
12.3.9 GE Recent Developments
12.4 ABB
12.4.1 ABB Corporation Information
12.4.2 ABB Business Overview
12.4.3 ABB High Voltage Direct Current Transmission Converter Valve Product Models, Descriptions and Specifications
12.4.4 ABB High Voltage Direct Current Transmission Converter Valve Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.4.5 ABB High Voltage Direct Current Transmission Converter Valve Sales by Product in 2024
12.4.6 ABB High Voltage Direct Current Transmission Converter Valve Sales by Application in 2024
12.4.7 ABB High Voltage Direct Current Transmission Converter Valve Sales by Geographic Area in 2024
12.4.8 ABB High Voltage Direct Current Transmission Converter Valve SWOT Analysis
12.4.9 ABB Recent Developments
12.5 Hitachi Energy
12.5.1 Hitachi Energy Corporation Information
12.5.2 Hitachi Energy Business Overview
12.5.3 Hitachi Energy High Voltage Direct Current Transmission Converter Valve Product Models, Descriptions and Specifications
12.5.4 Hitachi Energy High Voltage Direct Current Transmission Converter Valve Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.5.5 Hitachi Energy High Voltage Direct Current Transmission Converter Valve Sales by Product in 2024
12.5.6 Hitachi Energy High Voltage Direct Current Transmission Converter Valve Sales by Application in 2024
12.5.7 Hitachi Energy High Voltage Direct Current Transmission Converter Valve Sales by Geographic Area in 2024
12.5.8 Hitachi Energy High Voltage Direct Current Transmission Converter Valve SWOT Analysis
12.5.9 Hitachi Energy Recent Developments
12.6 Toshiba
12.6.1 Toshiba Corporation Information
12.6.2 Toshiba Business Overview
12.6.3 Toshiba High Voltage Direct Current Transmission Converter Valve Product Models, Descriptions and Specifications
12.6.4 Toshiba High Voltage Direct Current Transmission Converter Valve Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.6.5 Toshiba Recent Developments
12.7 Mitsubishi Electric
12.7.1 Mitsubishi Electric Corporation Information
12.7.2 Mitsubishi Electric Business Overview
12.7.3 Mitsubishi Electric High Voltage Direct Current Transmission Converter Valve Product Models, Descriptions and Specifications
12.7.4 Mitsubishi Electric High Voltage Direct Current Transmission Converter Valve Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.7.5 Mitsubishi Electric Recent Developments
12.8 C-EPRI Electric Power Engineering
12.8.1 C-EPRI Electric Power Engineering Corporation Information
12.8.2 C-EPRI Electric Power Engineering Business Overview
12.8.3 C-EPRI Electric Power Engineering High Voltage Direct Current Transmission Converter Valve Product Models, Descriptions and Specifications
12.8.4 C-EPRI Electric Power Engineering High Voltage Direct Current Transmission Converter Valve Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.8.5 C-EPRI Electric Power Engineering Recent Developments
12.9 NR Electric
12.9.1 NR Electric Corporation Information
12.9.2 NR Electric Business Overview
12.9.3 NR Electric High Voltage Direct Current Transmission Converter Valve Product Models, Descriptions and Specifications
12.9.4 NR Electric High Voltage Direct Current Transmission Converter Valve Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.9.5 NR Electric Recent Developments
13 Value Chain and Supply-Chain Analysis
13.1 High Voltage Direct Current Transmission Converter Valve Industry Chain
13.2 High Voltage Direct Current Transmission Converter Valve Upstream Materials Analysis
13.2.1 Raw Materials
13.2.2 Key Suppliers Market Share & Risk Assessment
13.3 High Voltage Direct Current Transmission Converter Valve Integrated Production Analysis
13.3.1 Manufacturing Footprint Analysis
13.3.2 Production Technology Overview
13.3.3 Regional Cost Drivers
13.4 High Voltage Direct Current Transmission Converter Valve Sales Channels and Distribution Networks
13.4.1 Sales Channels
13.4.2 Distributors
14 High Voltage Direct Current Transmission Converter Valve Market Dynamics
14.1 Industry Trends and Evolution
14.2 Market Growth Drivers and Emerging Opportunities
14.3 Market Challenges, Risks, and Restraints
15 Key Findings in the Global High Voltage Direct Current Transmission Converter Valve Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
List of Tables
 Table 1. Global High Voltage Direct Current Transmission Converter Valve Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
 Table 2. Global High Voltage Direct Current Transmission Converter Valve Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
 Table 3. Global High Voltage Direct Current Transmission Converter Valve Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 4. Global High Voltage Direct Current Transmission Converter Valve Revenue by Region (2020-2025) & (US$ Million)
 Table 5. Global High Voltage Direct Current Transmission Converter Valve Revenue by Region (2026-2031) & (US$ Million)
 Table 6. Global High Voltage Direct Current Transmission Converter Valve Sales Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 7. Global High Voltage Direct Current Transmission Converter Valve Sales by Region (2020-2025) & (K Units)
 Table 8. Global High Voltage Direct Current Transmission Converter Valve Sales by Region (2026-2031) & (K Units)
 Table 9. Emerging Market Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 10. Global High Voltage Direct Current Transmission Converter Valve Production Growth Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 11. Global High Voltage Direct Current Transmission Converter Valve Production by Region (2020-2025) & (K Units)
 Table 12. Global High Voltage Direct Current Transmission Converter Valve Production by Region (2026-2031) & (K Units)
 Table 13. Global High Voltage Direct Current Transmission Converter Valve Sales by Manufacturers (2020-2025) & (K Units)
 Table 14. Global High Voltage Direct Current Transmission Converter Valve Sales Share by Manufacturers (2020-2025)
 Table 15. Global High Voltage Direct Current Transmission Converter Valve Revenue by Manufacturers (2020-2025) & (US$ Million)
 Table 16. Global High Voltage Direct Current Transmission Converter Valve Revenue Market Share by Manufacturers (2020-2025)
 Table 17. Global Key Manufacturers’Ranking Shift (2023 vs. 2024) (Based on Revenue)
 Table 18. Global High Voltage Direct Current Transmission Converter Valve by Manufacturer Tier (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in High Voltage Direct Current Transmission Converter Valve as of 2024)
 Table 19. Global High Voltage Direct Current Transmission Converter Valve Average Gross Margin (%) by Manufacturer (2020 VS 2024)
 Table 20. Global High Voltage Direct Current Transmission Converter Valve Average Selling Price (ASP) by Manufacturers (2020-2025) & (US$/Unit)
 Table 21. Key Manufacturers High Voltage Direct Current Transmission Converter Valve Manufacturing Base and Headquarters
 Table 22. Global High Voltage Direct Current Transmission Converter Valve Market Concentration Ratio (CR5 and HHI)
 Table 23. Key Market Entrant/Exit (2020-2024) – Drivers & Impact Analysis
 Table 24. Key Mergers & Acquisitions, Expansion Plans, R&D Investment
 Table 25. Global High Voltage Direct Current Transmission Converter Valve Sales by Type (2020-2025) & (K Units)
 Table 26. Global High Voltage Direct Current Transmission Converter Valve Sales by Type (2026-2031) & (K Units)
 Table 27. Global High Voltage Direct Current Transmission Converter Valve Revenue by Type (2020-2025) & (US$ Million)
 Table 28. Global High Voltage Direct Current Transmission Converter Valve Revenue by Type (2026-2031) & (US$ Million)
 Table 29. Global High Voltage Direct Current Transmission Converter Valve ASP by Type (2020-2031) & (US$/Unit)
 Table 30. Technical Specifications by Key Product Type
 Table 31. Global High Voltage Direct Current Transmission Converter Valve Sales by Application (2020-2025) & (K Units)
 Table 32. Global High Voltage Direct Current Transmission Converter Valve Sales by Application (2026-2031) & (K Units)
 Table 33. High Voltage Direct Current Transmission Converter Valve High-Growth Sectors Demand CAGR (2024-2031)
 Table 34. Global High Voltage Direct Current Transmission Converter Valve Revenue by Application (2020-2025) & (US$ Million)
 Table 35. Global High Voltage Direct Current Transmission Converter Valve Revenue by Application (2026-2031) & (US$ Million)
 Table 36. Global High Voltage Direct Current Transmission Converter Valve ASP by Application (2020-2031) & (US$/Unit)
 Table 37. Top Customers by Region
 Table 38. Top Customers by Application
 Table 39. North America High Voltage Direct Current Transmission Converter Valve Growth Accelerators and Market Barriers
 Table 40. North America High Voltage Direct Current Transmission Converter Valve Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 41. North America High Voltage Direct Current Transmission Converter Valve Sales (K Units) by Country (2020 VS 2024 VS 2031)
 Table 42. Europe High Voltage Direct Current Transmission Converter Valve Growth Accelerators and Market Barriers
 Table 43. Europe High Voltage Direct Current Transmission Converter Valve Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)
 Table 44. Europe High Voltage Direct Current Transmission Converter Valve Sales (K Units) by Country (2020 VS 2024 VS 2031)
 Table 45. Asia-Pacific High Voltage Direct Current Transmission Converter Valve Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 46. Asia-Pacific High Voltage Direct Current Transmission Converter Valve Sales (K Units) by Country (2020 VS 2024 VS 2031)
 Table 47. Asia-Pacific High Voltage Direct Current Transmission Converter Valve Growth Accelerators and Market Barriers
 Table 48. Southeast Asia High Voltage Direct Current Transmission Converter Valve Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 49. Central and South America High Voltage Direct Current Transmission Converter Valve Investment Opportunities and Key Challenges
 Table 50. Central and South America High Voltage Direct Current Transmission Converter Valve Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 51. Middle East and Africa High Voltage Direct Current Transmission Converter Valve Investment Opportunities and Key Challenges
 Table 52. Middle East and Africa High Voltage Direct Current Transmission Converter Valve Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 53. XJ electric Limited by Share Ltd Corporation Information
 Table 54. XJ electric Limited by Share Ltd Description and Major Businesses
 Table 55. XJ electric Limited by Share Ltd Product Models, Descriptions and Specifications
 Table 56. XJ electric Limited by Share Ltd Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 57. XJ electric Limited by Share Ltd Sales Value Proportion by Product in 2024
 Table 58. XJ electric Limited by Share Ltd Sales Value Proportion by Application in 2024
 Table 59. XJ electric Limited by Share Ltd Sales Value Proportion by Geographic Area in 2024
 Table 60. XJ electric Limited by Share Ltd High Voltage Direct Current Transmission Converter Valve SWOT Analysis
 Table 61. XJ electric Limited by Share Ltd Recent Developments
 Table 62. Siemens Energy Corporation Information
 Table 63. Siemens Energy Description and Major Businesses
 Table 64. Siemens Energy Product Models, Descriptions and Specifications
 Table 65. Siemens Energy Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 66. Siemens Energy Sales Value Proportion by Product in 2024
 Table 67. Siemens Energy Sales Value Proportion by Application in 2024
 Table 68. Siemens Energy Sales Value Proportion by Geographic Area in 2024
 Table 69. Siemens Energy High Voltage Direct Current Transmission Converter Valve SWOT Analysis
 Table 70. Siemens Energy Recent Developments
 Table 71. GE Corporation Information
 Table 72. GE Description and Major Businesses
 Table 73. GE Product Models, Descriptions and Specifications
 Table 74. GE Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 75. GE Sales Value Proportion by Product in 2024
 Table 76. GE Sales Value Proportion by Application in 2024
 Table 77. GE Sales Value Proportion by Geographic Area in 2024
 Table 78. GE High Voltage Direct Current Transmission Converter Valve SWOT Analysis
 Table 79. GE Recent Developments
 Table 80. ABB Corporation Information
 Table 81. ABB Description and Major Businesses
 Table 82. ABB Product Models, Descriptions and Specifications
 Table 83. ABB Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 84. ABB Sales Value Proportion by Product in 2024
 Table 85. ABB Sales Value Proportion by Application in 2024
 Table 86. ABB Sales Value Proportion by Geographic Area in 2024
 Table 87. ABB High Voltage Direct Current Transmission Converter Valve SWOT Analysis
 Table 88. ABB Recent Developments
 Table 89. Hitachi Energy Corporation Information
 Table 90. Hitachi Energy Description and Major Businesses
 Table 91. Hitachi Energy Product Models, Descriptions and Specifications
 Table 92. Hitachi Energy Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 93. Hitachi Energy Sales Value Proportion by Product in 2024
 Table 94. Hitachi Energy Sales Value Proportion by Application in 2024
 Table 95. Hitachi Energy Sales Value Proportion by Geographic Area in 2024
 Table 96. Hitachi Energy High Voltage Direct Current Transmission Converter Valve SWOT Analysis
 Table 97. Hitachi Energy Recent Developments
 Table 98. Toshiba Corporation Information
 Table 99. Toshiba Description and Major Businesses
 Table 100. Toshiba Product Models, Descriptions and Specifications
 Table 101. Toshiba Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 102. Toshiba Recent Developments
 Table 103. Mitsubishi Electric Corporation Information
 Table 104. Mitsubishi Electric Description and Major Businesses
 Table 105. Mitsubishi Electric Product Models, Descriptions and Specifications
 Table 106. Mitsubishi Electric Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 107. Mitsubishi Electric Recent Developments
 Table 108. C-EPRI Electric Power Engineering Corporation Information
 Table 109. C-EPRI Electric Power Engineering Description and Major Businesses
 Table 110. C-EPRI Electric Power Engineering Product Models, Descriptions and Specifications
 Table 111. C-EPRI Electric Power Engineering Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 112. C-EPRI Electric Power Engineering Recent Developments
 Table 113. NR Electric Corporation Information
 Table 114. NR Electric Description and Major Businesses
 Table 115. NR Electric Product Models, Descriptions and Specifications
 Table 116. NR Electric Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 117. NR Electric Recent Developments
 Table 118. Key Raw Materials Distribution
 Table 119. Raw Materials Key Suppliers
 Table 120. Critical Raw Material Supplier Concentration (2024) & Risk Index
 Table 121. Milestones in Production Technology Evolution
 Table 122. Distributors List
 Table 123. Market Trends and Market Evolution
 Table 124. Market Drivers and Opportunities
 Table 125. Market Challenges, Risks, and Restraints
 Table 126. Research Programs/Design for This Report
 Table 127. Key Data Information from Secondary Sources
 Table 128. Key Data Information from Primary Sources


List of Figures
 Figure 1. High Voltage Direct Current Transmission Converter Valve Product Picture
 Figure 2. Global High Voltage Direct Current Transmission Converter Valve Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 3. ine-Commutated Converters (LCC) Product Picture
 Figure 4. Voltage Source Converters (VSC) Product Picture
 Figure 5. Global High Voltage Direct Current Transmission Converter Valve Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 6. Industrial Power Grid
 Figure 7. Civil Power Grid
 Figure 8. Others
 Figure 9. High Voltage Direct Current Transmission Converter Valve Report Years Considered
 Figure 10. Global High Voltage Direct Current Transmission Converter Valve Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 11. Global High Voltage Direct Current Transmission Converter Valve Revenue (2020-2031) & (US$ Million)
 Figure 12. Global High Voltage Direct Current Transmission Converter Valve Revenue (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 13. Global High Voltage Direct Current Transmission Converter Valve Revenue Market Share by Region (2020-2031)
 Figure 14. Global High Voltage Direct Current Transmission Converter Valve Sales (2020-2031) & (K Units)
 Figure 15. Global High Voltage Direct Current Transmission Converter Valve Sales (CAGR) by Region (2020-2031) (K Units)
 Figure 16. Global High Voltage Direct Current Transmission Converter Valve Sales Market Share by Region (2020-2031)
 Figure 17. Global High Voltage Direct Current Transmission Converter Valve Capacity, Production and Utilization (2020-2031) & (K Units)
 Figure 18. Global High Voltage Direct Current Transmission Converter Valve Production Trend by Region (2020-2031) (K Units)
 Figure 19. Global High Voltage Direct Current Transmission Converter Valve Production Market Share by Region (2020-2031)
 Figure 20. Production Capacity Enablers & Constraints
 Figure 21. High Voltage Direct Current Transmission Converter Valve Production Growth Rate in North America (2020-2031) & (K Units)
 Figure 22. High Voltage Direct Current Transmission Converter Valve Production Growth Rate in Europe (2020-2031) & (K Units)
 Figure 23. High Voltage Direct Current Transmission Converter Valve Production Growth Rate in China (2020-2031) & (K Units)
 Figure 24. High Voltage Direct Current Transmission Converter Valve Production Growth Rate in Japan (2020-2031) & (K Units)
 Figure 25. Top 5 and Top 10 Manufacturers High Voltage Direct Current Transmission Converter Valve Sales Volume Market Share in 2024
 Figure 26. Global High Voltage Direct Current Transmission Converter Valve Revenue Market Share Ranking (2024)
 Figure 27. Tier Distribution by Revenue Contribution (2020 VS 2024)
 Figure 28. ine-Commutated Converters (LCC) Revenue Market Share by Manufacturer in 2024
 Figure 29. Voltage Source Converters (VSC) Revenue Market Share by Manufacturer in 2024
 Figure 30. Type Eight Revenue Market Share by Manufacturer in 2024
 Figure 31. Type Nine Revenue Market Share by Manufacturer in 2024
 Figure 32. Global High Voltage Direct Current Transmission Converter Valve Sales Market Share by Type (2020-2031)
 Figure 33. Global High Voltage Direct Current Transmission Converter Valve Revenue Market Share by Type (2020-2031)
 Figure 34. Global High Voltage Direct Current Transmission Converter Valve Sales Market Share by Application (2020-2031)
 Figure 35. Global High Voltage Direct Current Transmission Converter Valve Revenue Market Share by Application (2020-2031)
 Figure 36. North America High Voltage Direct Current Transmission Converter Valve Sales YoY (2020-2031) & (K Units)
 Figure 37. North America High Voltage Direct Current Transmission Converter Valve Revenue YoY (2020-2031) & (US$ Million)
 Figure 38. North America Top 5 Manufacturers High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) in 2024
 Figure 39. North America High Voltage Direct Current Transmission Converter Valve Sales Volume (K Units) by Type (2020- 2031)
 Figure 40. North America High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) by Type (2020 - 2031)
 Figure 41. North America High Voltage Direct Current Transmission Converter Valve Sales Volume (K Units) by Application (2020-2031)
 Figure 42. North America High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 43. US High Voltage Direct Current Transmission Converter Valve Revenue (2020-2031) & (US$ Million)
 Figure 44. Canada High Voltage Direct Current Transmission Converter Valve Revenue (2020-2031) & (US$ Million)
 Figure 45. Mexico High Voltage Direct Current Transmission Converter Valve Revenue (2020-2031) & (US$ Million)
 Figure 46. Europe High Voltage Direct Current Transmission Converter Valve Sales YoY (2020-2031) & (K Units)
 Figure 47. Europe High Voltage Direct Current Transmission Converter Valve Revenue YoY (2020-2031) & (US$ Million)
 Figure 48. Europe Top 5 Manufacturers High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) in 2024
 Figure 49. Europe High Voltage Direct Current Transmission Converter Valve Sales Volume (K Units) by Type (2020-2031)
 Figure 50. Europe High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) by Type (2020-2031)
 Figure 51. Europe High Voltage Direct Current Transmission Converter Valve Sales Volume (K Units) by Application (2020-2031)
 Figure 52. Europe High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 53. Germany High Voltage Direct Current Transmission Converter Valve Revenue (2020-2031) & (US$ Million)
 Figure 54. France High Voltage Direct Current Transmission Converter Valve Revenue (2020-2031) & (US$ Million)
 Figure 55. U.K. High Voltage Direct Current Transmission Converter Valve Revenue (2020-2031) & (US$ Million)
 Figure 56. Italy High Voltage Direct Current Transmission Converter Valve Revenue (2020-2031) & (US$ Million)
 Figure 57. Russia High Voltage Direct Current Transmission Converter Valve Revenue (2020-2031) & (US$ Million)
 Figure 58. Asia-Pacific High Voltage Direct Current Transmission Converter Valve Sales YoY (2020-2031) & (K Units)
 Figure 59. Asia-Pacific High Voltage Direct Current Transmission Converter Valve Revenue YoY (2020-2031) & (US$ Million)
 Figure 60. Asia-Pacific Top 8 Manufacturers High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) in 2024
 Figure 61. Asia-Pacific High Voltage Direct Current Transmission Converter Valve Sales Volume (K Units) by Type (2020- 2031)
 Figure 62. Asia-Pacific High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) by Type (2020- 2031)
 Figure 63. Asia-Pacific High Voltage Direct Current Transmission Converter Valve Sales Volume (K Units) by Application (2020-2031)
 Figure 64. Asia-Pacific High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 65. Indonesia High Voltage Direct Current Transmission Converter Valve Revenue (2020-2031) & (US$ Million)
 Figure 66. Japan High Voltage Direct Current Transmission Converter Valve Revenue (2020-2031) & (US$ Million)
 Figure 67. South Korea High Voltage Direct Current Transmission Converter Valve Revenue (2020-2031) & (US$ Million)
 Figure 68. China Taiwan High Voltage Direct Current Transmission Converter Valve Revenue (2020-2031) & (US$ Million)
 Figure 69. India High Voltage Direct Current Transmission Converter Valve Revenue (2020-2031) & (US$ Million)
 Figure 70. Central and South America High Voltage Direct Current Transmission Converter Valve Sales YoY (2020-2031) & (K Units)
 Figure 71. Central and South America High Voltage Direct Current Transmission Converter Valve Revenue YoY (2020-2031) & (US$ Million)
 Figure 72. Central and South America Top 5 Manufacturers High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) in 2024
 Figure 73. Central and South America High Voltage Direct Current Transmission Converter Valve Sales Volume (K Units) by Type (2021-2031)
 Figure 74. Central and South America High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) by Type (2020-2031)
 Figure 75. Central and South America High Voltage Direct Current Transmission Converter Valve Sales Volume (K Units) by Application (2020-2031)
 Figure 76. Central and South America High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 77. Brazil High Voltage Direct Current Transmission Converter Valve Revenue (2020-2025) & (US$ Million)
 Figure 78. Argentina High Voltage Direct Current Transmission Converter Valve Revenue (2020-2025) & (US$ Million)
 Figure 79. Middle East, and Africa High Voltage Direct Current Transmission Converter Valve Sales YoY (2020-2031) & (K Units)
 Figure 80. Middle East and Africa High Voltage Direct Current Transmission Converter Valve Revenue YoY (2020-2031) & (US$ Million)
 Figure 81. Middle East and Africa Top 5 Manufacturers High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) in 2024
 Figure 82. Middle East and Africa High Voltage Direct Current Transmission Converter Valve Sales Volume (K Units) by Type (2021-2031)
 Figure 83. South America High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) by Type (2020-2031)
 Figure 84. Middle East and Africa High Voltage Direct Current Transmission Converter Valve Sales Volume (K Units) by Application (2020-2031)
 Figure 85. Middle East and Africa High Voltage Direct Current Transmission Converter Valve Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 86. GCC Countries High Voltage Direct Current Transmission Converter Valve Revenue (2020-2025) & (US$ Million)
 Figure 87. Turkey High Voltage Direct Current Transmission Converter Valve Revenue (2020-2025) & (US$ Million)
 Figure 88. Egypt High Voltage Direct Current Transmission Converter Valve Revenue (2020-2025) & (US$ Million)
 Figure 89. South Africa High Voltage Direct Current Transmission Converter Valve Revenue (2020-2025) & (US$ Million)
 Figure 90. High Voltage Direct Current Transmission Converter Valve Industry Chain Mapping
 Figure 91. Regional High Voltage Direct Current Transmission Converter Valve Manufacturing Base Distribution (%)
 Figure 92. High Voltage Direct Current Transmission Converter Valve Production Process
 Figure 93. Regional High Voltage Direct Current Transmission Converter Valve Production Cost Structure
 Figure 94. Channels of Distribution (Direct Vs Distribution)
 Figure 95. Bottom-up and Top-down Approaches for This Report
 Figure 96. Data Triangulation
 Figure 97. Key Executives Interviewed
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