Market Drivers and Challenges in HVDC Converter Market
The global High Voltage Direct Current (HVDC) Converter Market is on the brink of historic expansion, set to climb from USD 4.5 billion in 2025 to USD 96.4 billion by 2035, at an impressive CAGR of 35.9%. This trajectory positions HVDC technology as a cornerstone of the global energy transition, enabling efficient long-distance transmission, renewable integration, and cross-border grid...
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