Hvdc power supply market size to reach $3.56 billion by 2022_ grand view research, inc. – marketwatch

The globalHVDC power supply marketis expected to reach USD 3.56 billion by 2022, according to a new report by Grand View Research, Inc. Gas engineer salary These devices integrate easily with renewable or alternative energy sources such as photovoltaics, fuel cells, and wind power, and provide considerable avenues for industry growth. Electricity billy elliot The emergence of the hybrid HVDC circuit technology that utilizes Voltage Source Converters (VSC), and is compact in design when compared to traditional design is anticipated to fuel product demand over the next seven years. Gas number density Further, the HVDC supply industry has also witnessed the development of high power Insulated Gate Bipolar Transistors (IGBT) that has reduced the HVDC system size resulting in substantial economic benefits.
HVDC supply enhance the reliability of an electrical system and is the only possible solution available in the market today; which can be utilized in renewable energy sources. E payment electricity bill bangalore The ability of these products to efficiently transmit bulk power over long distance has significantly contributed to the development of direct-drive wind turbine, which supports the sustainable development of the current energy infrastructure.
Browse full research report with TOC on “High Voltage Direct Current (HVDC) Power Supply Market Analysis By Voltage (1,000 V, 1,000-4000 V, >4,000 V), By Application (Telecommunication, Medical, Industrial, Oil & Gas) And Segment Forecast To 2022” at: http://www.grandviewresearch.com/industry-analysis/high-voltage-direct-current-hvdc-power-supply-market ..
Further key findings from the report suggest: – The industrial segment accounted for over 40% of the overall revenue in 2014 and is estimated to grow at a CAGR exceeding 11% over the forecast period. Electricity worksheets high school It can be ascribed to rapid industrialization in emerging countries, such as India and China, along with rising demand for efficient power supply. Wd gaster theory – The telecommunication application segment is anticipated to witness healthy growth and accounted for over 25% of the market in 2014. Gas 93 It can be primarily attributed to the reliable and long-distance transmission with minimal loss offered by these products. Gas variables pogil key The rapid infrastructure development owing to the widespread usage of the internet may also contribute significantly towards the segment growth. Gasco abu dhabi – Over 4,000 V voltage segment accounted for more than 45% of the overall revenue in 2014. Arkansas gas prices It may be primarily ascribed to the enhanced features such as low output noise, creation of an automated high voltage test system, and improved sourcing precision and measurement sensitivity provided by these products. Gas 10 ethanol – Asia Pacific HVDC power supply market accounted for over 20% of the overall revenue share in 2014, which may increase over the next seven years. 1 unit electricity cost in kerala Healthy demand across the transmission grids owing to the ability of these products to connect remotely located electricity generation plants is expected to fuel the demand over the next seven years. Electricity transmission Europe is also projected to witness a significant growth owing to increasing emphasis on the use of renewable energy resources in the region. Electricity grid code – The notable companies in the market include ABB Ltd., Excelitas Technologies, General Electric, Glassman Europe Ltd., Siemens AG, Spellman, General Electric, UltraVolt, Inc., Toshiba Corporation, and Alstom SA. Electricity magnetism and electromagnetism The leading industry participants emphasize on quality control and testing, wherein manufacturing activities are monitored right up to final testing to ensure that the product is manufactured in conformance with specific customer requirements and industry standards.
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Grand View Research has segmented the global high voltage direct current power supply market on the basis of application, voltage, and region: – HVDC Power Supply Voltage Outlook (Revenue, USD Million; 2012 – 2022) – <1,000V - 1,000-4,000V - >4,000V – HVDC Power Supply Application Outlook (Revenue, USD Million; 2012 – 2022) – Telecommunication – Medical – Industrial – Oil &Gas – Others – HVDC Power Supply Regional Outlook (Revenue, USD Million; 2012 – 2022) – North America – Europe – Asia Pacific – Latin America – Middle East & Africa
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