HVDC Transmission Market forecast From 2012 to 2018 (1)

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MarketsandMarkets Presents
HVDC Transmission Market worth 9.62 Billion By
2018
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• According to a new market research report of
  HVDC Transmission Market - By Technology
  (LCC/VSC), Configuration (Back To Back,
  Monopolar, Bipolar, Multi-Terminal), Power Rating
  (Below 500 MW, 501 MW - 999 MW, 1000 MW - 2000 MW
  Above 2000 MW), Application, Component
  Geography (2013 - 2018)".
• Browse 117 market data tables and 55 figures
  spread through 303 pages and in-depth TOC on
  HVDC Transmission Market - By Technology
  (LCC/VSC), Configuration (Back To Back,
  Monopolar, Bipolar, Multi-Terminal), Power Rating
  (Below 500 MW, 501 MW - 999 MW, 1000 MW - 2000 MW
  Above 2000 MW), Application, Component
  Geography (2013 - 2018).
• http//www.marketsandmarkets.com/Market-Reports/hv
  dc-grid-market-1225.html
• Early buyers will receive 10 customization on
  reports.

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• The increasing wind farms, focusing on power
  trading and reliable power transmission in the
  continent have been driving HVDC transmission
  market. It is expected that wind farms would
  produce 10,000 MW of power 50 times more than
  todays offshore farms. Even the European Union,
  also focusing on the adoption rate of the HVDC as
  they have set a target of 20 of electricity from
  renewable sources by 2020, and much of this will
  come from wind farms.
• Europe and APAC are considered to be the fastest
  growing markets due to high development in power
  transmission networks. American market also
  constitutes as a substantial share in high
  voltage direct current market where as the U.S.
  is considered as the major contributor. The
  ageing infrastructure and recent blackout in the
  U.S. is the reason behind the adoption of HVDC in
  the region. From these factors, it is believed
  that these markets will grow at a significant
  rate for the forecast period of 2013 and 2018.
• The HVDC transmission market is broadly segmented
  into technology, configuration, component, power
  rating, application, and geography. All the major
  segments are further segmented into sub segments.
  All the segments and sub segments are separately
  described in the report.

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• Global HVDC transmission market is expected to
  reach 9.62 billion by 2018, at an estimated CAGR
  of 16.97 from 2013 to 2018. The major driving
  factors for HVDC transmission market are the
  growth in offshore wind farms installation and
  increasing the government incentivization. In the
  report, different technologies are discussed like
  line commutated converters and voltage source
  converters. The configuration includes back to
  back, monopolar, bipolar and multi-terminal. The
  HVDCs component comprises thyristor, IGBT
  (insulated gate bipolar transistor), surge
  arrester, converter transformer, smoothing
  reactors, harmonic filters, DC circuit, control
  protection. The power rating market is
  categorized into below 500 MW, 501 MW 999 MW,
  1000 MW 2000 MW, above 2000 MW.

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