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Date Submitted: 06/07/2016 01:59 AM
Hexa Reports
Market Research Reports and Insightful Company Profiles
High Voltage Direct Current (HVDC) Power Supply Market
Share, Size, Market Insights, Trends, Market Review and
Outlook, Overview And Segment Forecasts To 2022
The global HVDC power supply market is expected to reach USD 4.88 billion by 2022, according to a new
report by Grand View Research, Inc. These systems, integrate easily with renewable or alternative
energy sources such as photovoltaic, fuel cells, and wind power, and provide considerable avenues for
industry growth.
The emergence of the hybrid HVDC circuit technology that utilizes Voltage Source Converters (VSC), and
is compact in design when compared to traditional design is anticipated to fuel product demand over
the next seven years. Further, the HVDC supply industry has also witnessed the development of high
power Insulated Gate Bipolar Transistors (IGBT) that has reduced the HVDC system size resulting in
substantial economic benefits.
Browse Detail Report With TOC @
http://www.hexareports.com/report/high-voltage-direct-current-hvdc-power-supply-market/details
HVDC supply enhance the reliability of an electrical system and is the only possible solution available in
the market today; which can be utilized in renewable energy sources. The ability of these products to
efficiently transmit bulk power over long distance has significantly contributed to the development of
direct-drive wind turbine, which supports the sustainable development of the current energy
infrastructure.
Hexa Reports
Market Research Reports and Insightful Company Profiles
Further key findings from the report suggest:
The industrial segment accounted for over 40% of the overall revenue in 2014 and is estimated to grow
at a CAGR exceeding 11% over the forecast period. It can be ascribed to rapid industrialization in
emerging countries, such as India and China, along with rising demand for efficient power supply.
The telecommunication application segment is...