HVDC Transmission System Market Size, Share, and Trends 2026 to 2035

HVDC Transmission System Market (By Transmission Type: Submarine HVDC Transmission System, Overhead HVDC Transmission System, Underground HVDC Transmission System; By Component: Converter Stations, Transmission Medium (Cables), Others (Control & Protection Systems, Reactive Power Equipment, Accessories);By Voltage Rating: Up to 400 kV, 400 to 800 kV, Above 800 kV) - Global Industry Analysis, Size, Trends, Leading Companies, Regional Outlook, and Forecast 2026 to 2035

Last Updated : 10 Feb 2026  |  Report Code : 7642  |  Category : Semiconductor and Electronic   |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on HVDC Transmission System Market 

5.1. COVID-19 Landscape: HVDC Transmission System Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global HVDC Transmission System Market, By Transmission Type

8.1. HVDC Transmission System Market, by Transmission Type

8.1.1 Submarine HVDC Transmission System

8.1.1.1. Market Revenue and Forecast

8.1.2. Overhead HVDC Transmission System

8.1.2.1. Market Revenue and Forecast

8.1.3. Underground HVDC Transmission System

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global HVDC Transmission System Market, By Component

9.1. HVDC Transmission System Market, by Component

9.1.1. Converter Stations

9.1.1.1. Market Revenue and Forecast

9.1.2. Transmission Medium (Cables)

9.1.2.1. Market Revenue and Forecast

9.1.3. Others (Control & Protection Systems, Reactive Power Equipment, Accessories)

9.1.3.1. Market Revenue and Forecast

Chapter 10. Global HVDC Transmission System Market, By Voltage Rating

10.1. HVDC Transmission System Market, by Voltage Rating

10.1.1. Up to 400 kV

10.1.1.1. Market Revenue and Forecast

10.1.2. 400 to 800 kV

10.1.2.1. Market Revenue and Forecast

10.1.3. Above 800 kV

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global HVDC Transmission System Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Transmission Type

11.1.2. Market Revenue and Forecast, by Component

11.1.3. Market Revenue and Forecast, by Voltage Rating

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Transmission Type

11.1.4.2. Market Revenue and Forecast, by Component

11.1.4.3. Market Revenue and Forecast, by Voltage Rating

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Transmission Type

11.1.5.2. Market Revenue and Forecast, by Component

11.1.5.3. Market Revenue and Forecast, by Voltage Rating

11.2. Europe

11.2.1. Market Revenue and Forecast, by Transmission Type

11.2.2. Market Revenue and Forecast, by Component

11.2.3. Market Revenue and Forecast, by Voltage Rating

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Transmission Type

11.2.4.2. Market Revenue and Forecast, by Component

11.2.4.3. Market Revenue and Forecast, by Voltage Rating

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Transmission Type

11.2.5.2. Market Revenue and Forecast, by Component

11.2.5.3. Market Revenue and Forecast, by Voltage Rating

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Transmission Type

11.2.6.2. Market Revenue and Forecast, by Component

11.2.6.3. Market Revenue and Forecast, by Voltage Rating

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Transmission Type

11.2.7.2. Market Revenue and Forecast, by Component

11.2.7.3. Market Revenue and Forecast, by Voltage Rating

11.3. APAC

11.3.1. Market Revenue and Forecast, by Transmission Type

11.3.2. Market Revenue and Forecast, by Component

11.3.3. Market Revenue and Forecast, by Voltage Rating

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Transmission Type

11.3.4.2. Market Revenue and Forecast, by Component

11.3.4.3. Market Revenue and Forecast, by Voltage Rating

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Transmission Type

11.3.5.2. Market Revenue and Forecast, by Component

11.3.5.3. Market Revenue and Forecast, by Voltage Rating

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Transmission Type

11.3.6.2. Market Revenue and Forecast, by Component

11.3.6.3. Market Revenue and Forecast, by Voltage Rating

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Transmission Type

11.3.7.2. Market Revenue and Forecast, by Component

11.3.7.3. Market Revenue and Forecast, by Voltage Rating

11.4. MEA

11.4.1. Market Revenue and Forecast, by Transmission Type

11.4.2. Market Revenue and Forecast, by Component

11.4.3. Market Revenue and Forecast, by Voltage Rating

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Transmission Type

11.4.4.2. Market Revenue and Forecast, by Component

11.4.4.3. Market Revenue and Forecast, by Voltage Rating

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Transmission Type

11.4.5.2. Market Revenue and Forecast, by Component

11.4.5.3. Market Revenue and Forecast, by Voltage Rating

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Transmission Type

11.4.6.2. Market Revenue and Forecast, by Component

11.4.6.3. Market Revenue and Forecast, by Voltage Rating

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Transmission Type

11.4.7.2. Market Revenue and Forecast, by Component

11.4.7.3. Market Revenue and Forecast, by Voltage Rating

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Transmission Type

11.5.2. Market Revenue and Forecast, by Component

11.5.3. Market Revenue and Forecast, by Voltage Rating

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Transmission Type

11.5.4.2. Market Revenue and Forecast, by Component

11.5.4.3. Market Revenue and Forecast, by Voltage Rating

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Transmission Type

11.5.5.2. Market Revenue and Forecast, by Component

11.5.5.3. Market Revenue and Forecast, by Voltage Rating

Chapter 12. Company Profiles

12.1. ABB Ltd (Hitachi Energy)

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Siemens Energy AG

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. GE Vernova, Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Mitsubishi Electric Corporation

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Toshiba Corporation

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Prysmian Group

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Nexans S.A.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. NKT A/S

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Sumitomo Electric Industries

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. LS Cable & System

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

Answer : The HVDC transmission system market size is expected to increase from USD 12.04 billion in 2025 to USD 24.65 billion by 2035.

Answer : The HVDC transmission system market is expected to grow at a compound annual growth rate (CAGR) of around 7.43% from 2026 to 2035.

Answer : The driving factors of the HVDC transmission system market are the It is fueled by the rising urgent need to combine large volume renewable projects with urban demand centers

Answer : North America region will lead the global HVDC transmission system market during the forecast period 2026 to 2035.

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