HVDC Transmission Market Worth $12.3 Billion by 2024
According to the new market research report "HVDC Transmission Market by Component (Converter Stations, Transmission Cables, and Others), Project Type (Point-to-Point, Back-to-Back, and Multi-Terminal), Technology (CCC, VSC, and lCC), Application, and Geography - Global Forecast to 2024", published by MarketsandMarkets™, the HVDC transmission market is projected to reach USD 12.3 billion by 2024 from USD 8.2 billion in 2018, at a CAGR of 6.9% during 2018-2024. Major drivers for market growth are optimal solutions for long distance transmission, growing demand...
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