HVDC Transmission Market Volume Forecast And Value Chain Analysis Upto 2030
HVDC Transmission Market Analysis The Global HVDC Transmission Market size is projected to be worth USD 17,448.0 million by 2030, registering a CAGR of 8.6% during the forecast period (2022–2030). COVID-19 Analysis Supply chain disruptions, economic situations, fluctuations in demand share, as well as long-term & immediate effect of the COVID-19 pandemic possessed a negative effect on the HVDC transmission market growth. The pandemic has slowed down economic activity and pushed the economy into a steep recession. With the roots being in China, the supply chains in the world are facing shutdown and unprecedented disruption. Besides, the initial setback, the industry is likely to return to normalcy during the forecast period and continue growing much beyond also. Drivers · New product launches and R&D Amongst major key Players · Increase in the installation of HVDC transmission systems Opportunities Strict Government Regulations to offer Rob