The Latin America, Middle East and Africa High Voltage Direct Current Power Supply Market would witness market growth of 10.3% CAGR during the forecast period (2022-2028).
It is anticipated that HVDC lines will assist the growth of renewable energy systems in three ways. This would be achieved through the construction of new solar power stations, the connecting of existing power plants, and the merging of offshore wind energy projects. High-voltage cables, power semiconductors, and converters are a few of the crucial components of HVDC technology, which adds special features to the modern direct current transmission system.
As a result of the growing assimilation of renewable energy sources and the urgent need to reduce carbon emissions, it is well-recognized that the electrical sector is changing. As a result, it is projected that the market for high voltage direct current power supply would have significant potential growth due to increased energy consumption and the continuous development of the renewable energy sector.
Brazil generated 439.2 terawatt-hours of power in 2020, making it the most productive nation in Latin America. The expansion of the HVDC overhead transmission system throughout the region will be supported by the increasing production of power. The Colombian government said in December 2022 that it intended to build an overhead HVDC transmission line in the nation's north to link up to 3,000 MW of renewable energy generation capacity to the national grid. The high voltage direct current power supply system is anticipated to rule the market over the forecast period due to the aforementioned factors.
The Brazil market dominated the LAMEA High Voltage Direct Current Power Supply Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $94.6 Million by 2028. The Argentina market is experiencing a CAGR of 10.9% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 10% during (2022 - 2028).
Based on Vertical, the market is segmented into Industrial, Telecommunication, Medical, Oil & Gas and Others. Based on Voltage, the market is segmented into >4000V, 1,000-4000V and <1000V. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global High Voltage Direct Current Power Supply Market is Predict to reach $5 Billion by 2028, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hitachi, Ltd. (Hitachi Energy Ltd.), Toshiba Corporation, Siemens AG, General Electric Company, XP Power, Ltd., Hamamatsu Photonics K.K., Excelitas Technologies Corp., American Power Design, Inc., American High Voltage, and Nikken Sekkei Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Vertical
- Industrial
- Telecommunication
- Medical
- Oil & Gas
- Others
By Voltage
- >4000V
- 1,000-4000V
- <1000V
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Hitachi, Ltd. (Hitachi Energy Ltd.)
- Toshiba Corporation
- Siemens AG
- General Electric Company
- XP Power, Ltd.
- Hamamatsu Photonics K.K.
- Excelitas Technologies Corp.
- American Power Design, Inc.
- American High Voltage
- Nikken Sekkei Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA High Voltage Direct Current Power Supply Market, by Vertical
1.4.2 LAMEA High Voltage Direct Current Power Supply Market, by Voltage
1.4.3 LAMEA High Voltage Direct Current Power Supply Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in High Voltage Direct Current Power Supply Market
Chapter 4. LAMEA High Voltage Direct Current Power Supply Market by Vertical
4.1 LAMEA Industrial Market by Country
4.2 LAMEA Telecommunication Market by Country
4.3 LAMEA Medical Market by Country
4.4 LAMEA Oil & Gas Market by Country
4.5 LAMEA Others Market by Country
Chapter 5. LAMEA High Voltage Direct Current Power Supply Market by Voltage
5.1 LAMEA >4000V Market by Country
5.2 LAMEA 1,000-4000V Market by Country
5.3 LAMEA <1000V Market by Country
Chapter 6. LAMEA High Voltage Direct Current Power Supply Market by Country
6.1 Brazil High Voltage Direct Current Power Supply Market
6.1.1 Brazil High Voltage Direct Current Power Supply Market by Vertical
6.1.2 Brazil High Voltage Direct Current Power Supply Market by Voltage
6.2 Argentina High Voltage Direct Current Power Supply Market
6.2.1 Argentina High Voltage Direct Current Power Supply Market by Vertical
6.2.2 Argentina High Voltage Direct Current Power Supply Market by Voltage
6.3 UAE High Voltage Direct Current Power Supply Market
6.3.1 UAE High Voltage Direct Current Power Supply Market by Vertical
6.3.2 UAE High Voltage Direct Current Power Supply Market by Voltage
6.4 Saudi Arabia High Voltage Direct Current Power Supply Market
6.4.1 Saudi Arabia High Voltage Direct Current Power Supply Market by Vertical
6.4.2 Saudi Arabia High Voltage Direct Current Power Supply Market by Voltage
6.5 South Africa High Voltage Direct Current Power Supply Market
6.5.1 South Africa High Voltage Direct Current Power Supply Market by Vertical
6.5.2 South Africa High Voltage Direct Current Power Supply Market by Voltage
6.6 Nigeria High Voltage Direct Current Power Supply Market
6.6.1 Nigeria High Voltage Direct Current Power Supply Market by Vertical
6.6.2 Nigeria High Voltage Direct Current Power Supply Market by Voltage
6.7 Rest of LAMEA High Voltage Direct Current Power Supply Market
6.7.1 Rest of LAMEA High Voltage Direct Current Power Supply Market by Vertical
6.7.2 Rest of LAMEA High Voltage Direct Current Power Supply Market by Voltage
Chapter 7. Company Profiles
7.1 Hitachi, Ltd. (Hitachi Energy Ltd.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.1.5.3 Geographical Expansions:
7.2 Toshiba Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research and Development Expense
7.2.5 SWOT Analysis
7.3 Siemens AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Acquisition and Mergers:
7.3.6 SWOT Analysis
7.4 General Electric Company
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.5 XP Power Ltd.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Product Line and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.6 Hamamatsu Photonics K.K.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental Analysis
7.6.4 Research & Development Expense
7.7 Excelitas Technologies Corp.
7.7.1 Company Overview
7.8 American Power Design, Inc.
7.8.1 Company Overview
7.9 American High Voltage
7.9.1 Company Overview
7.10. Nikken Sekkei Ltd.
7.10.1 Company Overview
TABLE 1 LAMEA High Voltage Direct Current Power Supply Market, 2018 - 2021, USD Million
TABLE 2 LAMEA High Voltage Direct Current Power Supply Market, 2022 - 2028, USD Million
TABLE 3 LAMEA High Voltage Direct Current Power Supply Market by Vertical, 2018 - 2021, USD Million
TABLE 4 LAMEA High Voltage Direct Current Power Supply Market by Vertical, 2022 - 2028, USD Million
TABLE 5 LAMEA Industrial Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Industrial Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Telecommunication Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Telecommunication Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Medical Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Medical Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA High Voltage Direct Current Power Supply Market by Voltage, 2018 - 2021, USD Million
TABLE 16 LAMEA High Voltage Direct Current Power Supply Market by Voltage, 2022 - 2028, USD Million
TABLE 17 LAMEA >4000V Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA >4000V Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA 1,000-4000V Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA 1,000-4000V Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA <1000V Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA <1000V Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA High Voltage Direct Current Power Supply Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA High Voltage Direct Current Power Supply Market by Country, 2022 - 2028, USD Million
TABLE 25 Brazil High Voltage Direct Current Power Supply Market, 2018 - 2021, USD Million
TABLE 26 Brazil High Voltage Direct Current Power Supply Market, 2022 - 2028, USD Million
TABLE 27 Brazil High Voltage Direct Current Power Supply Market by Vertical, 2018 - 2021, USD Million
TABLE 28 Brazil High Voltage Direct Current Power Supply Market by Vertical, 2022 - 2028, USD Million
TABLE 29 Brazil High Voltage Direct Current Power Supply Market by Voltage, 2018 - 2021, USD Million
TABLE 30 Brazil High Voltage Direct Current Power Supply Market by Voltage, 2022 - 2028, USD Million
TABLE 31 Argentina High Voltage Direct Current Power Supply Market, 2018 - 2021, USD Million
TABLE 32 Argentina High Voltage Direct Current Power Supply Market, 2022 - 2028, USD Million
TABLE 33 Argentina High Voltage Direct Current Power Supply Market by Vertical, 2018 - 2021, USD Million
TABLE 34 Argentina High Voltage Direct Current Power Supply Market by Vertical, 2022 - 2028, USD Million
TABLE 35 Argentina High Voltage Direct Current Power Supply Market by Voltage, 2018 - 2021, USD Million
TABLE 36 Argentina High Voltage Direct Current Power Supply Market by Voltage, 2022 - 2028, USD Million
TABLE 37 UAE High Voltage Direct Current Power Supply Market, 2018 - 2021, USD Million
TABLE 38 UAE High Voltage Direct Current Power Supply Market, 2022 - 2028, USD Million
TABLE 39 UAE High Voltage Direct Current Power Supply Market by Vertical, 2018 - 2021, USD Million
TABLE 40 UAE High Voltage Direct Current Power Supply Market by Vertical, 2022 - 2028, USD Million
TABLE 41 UAE High Voltage Direct Current Power Supply Market by Voltage, 2018 - 2021, USD Million
TABLE 42 UAE High Voltage Direct Current Power Supply Market by Voltage, 2022 - 2028, USD Million
TABLE 43 Saudi Arabia High Voltage Direct Current Power Supply Market, 2018 - 2021, USD Million
TABLE 44 Saudi Arabia High Voltage Direct Current Power Supply Market, 2022 - 2028, USD Million
TABLE 45 Saudi Arabia High Voltage Direct Current Power Supply Market by Vertical, 2018 - 2021, USD Million
TABLE 46 Saudi Arabia High Voltage Direct Current Power Supply Market by Vertical, 2022 - 2028, USD Million
TABLE 47 Saudi Arabia High Voltage Direct Current Power Supply Market by Voltage, 2018 - 2021, USD Million
TABLE 48 Saudi Arabia High Voltage Direct Current Power Supply Market by Voltage, 2022 - 2028, USD Million
TABLE 49 South Africa High Voltage Direct Current Power Supply Market, 2018 - 2021, USD Million
TABLE 50 South Africa High Voltage Direct Current Power Supply Market, 2022 - 2028, USD Million
TABLE 51 South Africa High Voltage Direct Current Power Supply Market by Vertical, 2018 - 2021, USD Million
TABLE 52 South Africa High Voltage Direct Current Power Supply Market by Vertical, 2022 - 2028, USD Million
TABLE 53 South Africa High Voltage Direct Current Power Supply Market by Voltage, 2018 - 2021, USD Million
TABLE 54 South Africa High Voltage Direct Current Power Supply Market by Voltage, 2022 - 2028, USD Million
TABLE 55 Nigeria High Voltage Direct Current Power Supply Market, 2018 - 2021, USD Million
TABLE 56 Nigeria High Voltage Direct Current Power Supply Market, 2022 - 2028, USD Million
TABLE 57 Nigeria High Voltage Direct Current Power Supply Market by Vertical, 2018 - 2021, USD Million
TABLE 58 Nigeria High Voltage Direct Current Power Supply Market by Vertical, 2022 - 2028, USD Million
TABLE 59 Nigeria High Voltage Direct Current Power Supply Market by Voltage, 2018 - 2021, USD Million
TABLE 60 Nigeria High Voltage Direct Current Power Supply Market by Voltage, 2022 - 2028, USD Million
TABLE 61 Rest of LAMEA High Voltage Direct Current Power Supply Market, 2018 - 2021, USD Million
TABLE 62 Rest of LAMEA High Voltage Direct Current Power Supply Market, 2022 - 2028, USD Million
TABLE 63 Rest of LAMEA High Voltage Direct Current Power Supply Market by Vertical, 2018 - 2021, USD Million
TABLE 64 Rest of LAMEA High Voltage Direct Current Power Supply Market by Vertical, 2022 - 2028, USD Million
TABLE 65 Rest of LAMEA High Voltage Direct Current Power Supply Market by Voltage, 2018 - 2021, USD Million
TABLE 66 Rest of LAMEA High Voltage Direct Current Power Supply Market by Voltage, 2022 - 2028, USD Million
TABLE 67 Key Information – Hitachi, Ltd. (Hitachi Energy Ltd.)
TABLE 68 Key Information – Toshiba Corporation
TABLE 69 Key Information – Siemens AG
TABLE 70 KEY INFORMATION – GENERAL ELECTRIC Company
TABLE 71 Key Information – XP Power Ltd
TABLE 72 key information – Hamamatsu Photonics K.K.
TABLE 73 Key information - Excelitas Technologies Corp.
TABLE 74 Key Information – American Power Design, Inc.
TABLE 75 Key Information – American High Voltage
TABLE 76 Key Information – Nikken Sekkei Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Hitachi, Ltd. (Hitachi Energy Ltd.)
FIG 3 SWOT Analysis: Toshiba Corporation
FIG 4 Swot analysis: Siemens AG