Pune, India -- (SBWIRE) -- 11/30/2015 -- HVDC transmission is an emerging technology providing efficient and fast transfer of electricity at long range, reducing the losses caused by HVAC (High Voltage Altering Current). To reduce the heavy transmission loss which is incurred by the AC system and the efficient transfer at long distances are the major features of HVDC technology. Hence, HVDC transmission becomes an interesting preposition across the globe as it focuses on lower transmission losses, asynchronous interconnection and the capability to deliver bulk power for long distance transmission.

http://www.marketsandmarkets.com/Market-Reports/hvdc-grid-market-1225.html

High Voltage Direct Current (HVDC) transmission is the optimal choice for moving power over long distances due to lower transmission line costs, decreased right of way, and lower power losses than for equivalent AC lines. The new innovative technology in converters has opened a new prospect in transmission, it encompasses in underground, offshore, voltage stabilization application. HVDC transmission technology enables efficient, bulk power transmission across long distances through direct current. It transmits 30 per cent more power than the conventional alternating current technology, strengthening existing networks while minimizing environmental impact. These applications accounted major surge in high voltage direct current transmission market.

Download Free Sample Pages @ http://www.marketsandmarkets.com/pdfdownload.asp?id=1225

The report provides the profiles of all the major companies in the HVDC transmission market. The report also provides the competitive landscape of the key players, which indicates the growth strategy of the market in the industry. The report also covers the entire value chain for the market, right from the infrastructure provider to the end user. Along with the value chain, this report also provides an in-depth view on the technology, configuration, power rating, application, and geographic analysis of the market. The HVDC transmission market is expected to grow at 13.54 billion by 2020 at a CAGR of 17.13% from 2014 to 2020.

Offshore wind farms is changing power industry landscape, wind power generation meets an increasing share of power demand across the globe. With increasing government regulations, rising need for integrated networks, and high onshore and offshore potential further boosted the power generation from the wind energy. Wind energy plays a crucial role in the production of power. It is estimated that the power generation from the wind energy will increase up to ten times in the span of 20 years.

Some of the major companies dominating the HVDC transmission market are ABB (Switzerland), Siemens (Germany), Alstom (France), General Electric (U.S.), Schneider Electric (France) and others. ABB (Switzerland) and Siemens (Germany) are the key players of power generation and transmission market and it is found that these companies covers more than 80% of the overall market share in the global HVDC market.

The report also provides the market dynamics such as drivers, restraints, opportunities and challenges for the market. Apart from the market segmentation, the report also includes the critical market data and qualitative information with regard to HVDC; along with the qualitative analysis, such as the Porter's five force analysis, value chain analysis, and the market crackdown analysis.

Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1225

The main application area for HVDC transmission is the interconnection between systems which cannot be interconnected by AC because of different operating frequencies or different frequency controls. This type of interconnection is mainly represented by back-to-back stations or long-distance transmissions when a large amount of power, produced by a hydropower plant, for instance, has to be transmitted by overhead line or by submarine cable.

About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr.Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets