HVDC Converter Station Market Segmentation: By Application, Technology & Region (2025–2030)
The global HVDC converter station market size was valued at USD 12.17 billion in 2024 and is projected to reach USD 15.84 billion by 2030, growing at a CAGR of 4.8% from 2025 to 2030. The market’s growth is primarily driven by the increasing demand for efficient long-distance power transmission, which is becoming essential to meet rising electricity needs while minimizing energy...
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