According to a market report by Lucintel, the future of the global flexible DC converter valve market looks promising with opportunities in the transmission station, distribution station, and electrical equipment markets. The global flexible DC converter valve market is expected to grow with a CAGR of 5.8% from 2025 to 2031. The major drivers for this market are increase in renewable energy integration, rising demand for high voltage direct current systems, and growing need for grid stability.
A more
than 150-page report to understand trends, opportunity and forecast in global
flexible DC converter valve market to 2031 by type (low voltage and high
voltage), application (transmission station, distribution station, electrical
equipment, and others), and region (North America, Europe, Asia Pacific, and
the Rest of the World).
Lucintel
forecasts that, within the type category, high voltage is expected to witness
higher growth over the forecast period due to increasing use in transmitting
large amounts of power efficiently.
Within the
application category, transmission station is expected to witness the highest
growth.
Download
sample by clicking on flexible
DC converter valve market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period due to large-scale infrastructure projects in this region.
ABB,
Siemens, GE Grid Solutions, Toshiba, Cla-Val, TBEA, China Southern Power Grid,
Guangzhou Goaland Energy Conservation Tech, NR Electric, Rongxin Huiko Electric
are the major suppliers in the flexible
DC converter valve market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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