Published by Coherent Market Insights
Posted on September 16, 2021
United States/WA: The APAC HVDC transmission systems market is estimated to account for US$ 1,767.8 Mn in 2018 and is projected to exhibit a CAGR of 10.1% during the forecast period (2019–2027).
Report Pages:[120 Pages]
The Competitive Area of the APAC HVDC Transmission Systems Market is Defined by Key Players Like:- ABB Ltd., Siemens AG, Toshiba Corporation, General Electric Co., Prysmian SpA, Hitachi Ltd., TransGrid Solutions Inc., and ATCO Electric Ltd.
The High Voltage Direct Current (HVDC) transmission system has become one of the most popular ways to connect the various systems that exist in an organization, industry, or even in a single home. However, before you make the decision to choose HVDC as your means to transfer electricity from one place to another, it is important to understand the many different benefits of HVDC.
The advantages of HVDC are enormous. The HVDC transmission system offers a means for two or more power sources to be connected at the same time, thereby increasing the maximum power transmission in the system. This technology offers more efficiency in the transfer of energy. Also, when multiple power sources are used, you can expect to have lower energy consumption and lower bills. HVDC can reduce the amount of electrical noise created by electronic products such as TV and computers. Moreover, HVDC is very easy to install and is very affordable.
The growing demand for a renewable source of energy is driving the market growth of the APAC HVDC transmission systems. According to the India Brand Equity Foundation, power generation from renewable energy sources in India reached 127.01 billion units (BU) in 2020. In the Asia Pacific region, China is accounted for the largest share. According to the center for climate and energy solutions, China had the largest share at 51 percent. China, Italy, Japan, Norway, and the United States are the top five small hydro countries by installed capacity. Factors such as easy transmit of power for long-distance and convert power from one AC grid to others having different frequencies are again expected to augment the market growth of the APAC HVDC transmission systems.
Request a sample copy of the report to understand the structure of the complete report:
https://www.coherentmarketinsights.com/insight/request-sample/3146
Key Developments:
In November 2018, Mitsubishi Electric Corporation announced the launch of a high-voltage direct current (HVDC) verification facility that has been built at its Transmission & Distribution Systems Center in Amagasaki, Japan.
Power Grid Corporation of India Ltd NSE 0.11 % (PGCIL) has announced the commissioning of the first leg of the 6,000 MW Raigarh-Pugalur high voltage direct current transmission project
Detailed Segmentation:
Go Through Our Trusted Clients List: https://www.coherentmarketinsights.com/trusted-by
People Also Search For Following Reports:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post [PDF] APAC HVDC Transmission Systems Market Report Bring Product Information with Massive Opportunity to Manufacturers appeared first on Gatorledger.
United States/WA: The APAC HVDC transmission systems market is estimated to account for US$ 1,767.8 Mn in 2018 and is projected to exhibit a CAGR of 10.1% during the forecast period (2019–2027).
Report Pages:[120 Pages]
The Competitive Area of the APAC HVDC Transmission Systems Market is Defined by Key Players Like:- ABB Ltd., Siemens AG, Toshiba Corporation, General Electric Co., Prysmian SpA, Hitachi Ltd., TransGrid Solutions Inc., and ATCO Electric Ltd.
The High Voltage Direct Current (HVDC) transmission system has become one of the most popular ways to connect the various systems that exist in an organization, industry, or even in a single home. However, before you make the decision to choose HVDC as your means to transfer electricity from one place to another, it is important to understand the many different benefits of HVDC.
The advantages of HVDC are enormous. The HVDC transmission system offers a means for two or more power sources to be connected at the same time, thereby increasing the maximum power transmission in the system. This technology offers more efficiency in the transfer of energy. Also, when multiple power sources are used, you can expect to have lower energy consumption and lower bills. HVDC can reduce the amount of electrical noise created by electronic products such as TV and computers. Moreover, HVDC is very easy to install and is very affordable.
The growing demand for a renewable source of energy is driving the market growth of the APAC HVDC transmission systems. According to the India Brand Equity Foundation, power generation from renewable energy sources in India reached 127.01 billion units (BU) in 2020. In the Asia Pacific region, China is accounted for the largest share. According to the center for climate and energy solutions, China had the largest share at 51 percent. China, Italy, Japan, Norway, and the United States are the top five small hydro countries by installed capacity. Factors such as easy transmit of power for long-distance and convert power from one AC grid to others having different frequencies are again expected to augment the market growth of the APAC HVDC transmission systems.
Request a sample copy of the report to understand the structure of the complete report:
https://www.coherentmarketinsights.com/insight/request-sample/3146
Key Developments:
In November 2018, Mitsubishi Electric Corporation announced the launch of a high-voltage direct current (HVDC) verification facility that has been built at its Transmission & Distribution Systems Center in Amagasaki, Japan.
Power Grid Corporation of India Ltd NSE 0.11 % (PGCIL) has announced the commissioning of the first leg of the 6,000 MW Raigarh-Pugalur high voltage direct current transmission project
Detailed Segmentation:
Go Through Our Trusted Clients List: https://www.coherentmarketinsights.com/trusted-by
People Also Search For Following Reports:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post [PDF] APAC HVDC Transmission Systems Market Report Bring Product Information with Massive Opportunity to Manufacturers appeared first on Gatorledger.
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