Ireland High Voltage Direct Current (HVDC) Transmission Systems Market (2025-2031) | Value, Revenue, Share, Outlook, Companies, Forecast, Size, Segmentation, Analysis, Trends, Industry & Growth
Market Forecast By Technology (Line Commutated Converter (LCC), Voltage Source Converter (VSC)), By Type (Monopole System, Bipolar System, Back-to-Back, Multi-terminal System), By Deployment (Overhead, Underground, Subsea, Combination), By Application (Interconnecting Grids, Infeed Urban Areas, Connecting Offshore Wind, Others), By Capacity (Up To 400 kV, 401-800 kV, Above 800 kV) And Competitive Landscape
| Product Code: ETC4822228 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Ireland High Voltage Direct Current (Hvdc) Transmission Systems Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Ireland`s import shipments of high voltage direct current (HVDC) transmission systems continued to be sourced from a diverse range of countries, with Belgium, Germany, UK, USA, and China leading the way. Despite the challenging economic environment, the Herfindahl-Hirschman Index (HHI) indicated low concentration in the market. The compound annual growth rate (CAGR) for the period 2020-2024 showed a decline of -17.69%, with a significant growth rate decrease of -25.53% from 2023 to 2024. These figures suggest a shifting landscape in HVDC transmission system imports for Ireland, reflecting changing market dynamics and global trade patterns.
Key Highlights of the Report:
- Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Outlook
- Market Size of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market, 2024
- Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market, 2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Revenues & Volume for the Period 2021-2031
- Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Trend Evolution
- Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Drivers and Challenges
- Ireland High Voltage Direct Current (HVDC) Transmission Systems Price Trends
- Ireland High Voltage Direct Current (HVDC) Transmission Systems Porter`s Five Forces
- Ireland High Voltage Direct Current (HVDC) Transmission Systems Industry Life Cycle
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Technology for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Line Commutated Converter (LCC) for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Voltage Source Converter (VSC) for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Monopole System for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Bipolar System for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Back-to-Back for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Multi-terminal System for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Deployment for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Overhead for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Underground for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Subsea for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Combination for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Interconnecting Grids for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Infeed Urban Areas for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Connecting Offshore Wind for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Capacity for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Up To 400 kV for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By 401-800 kV for the Period 2021-2031
- Historical Data and Forecast of Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume By Above 800 kV for the Period 2021-2031
- Ireland High Voltage Direct Current (HVDC) Transmission Systems Import Export Trade Statistics
- Market Opportunity Assessment By Technology
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Deployment
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Capacity
- Ireland High Voltage Direct Current (HVDC) Transmission Systems Top Companies Market Share
- Ireland High Voltage Direct Current (HVDC) Transmission Systems Competitive Benchmarking By Technical and Operational Parameters
- Ireland High Voltage Direct Current (HVDC) Transmission Systems Company Profiles
- Ireland High Voltage Direct Current (HVDC) Transmission Systems Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Ireland High Voltage Direct Current (HVDC) Transmission Systems Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Ireland High Voltage Direct Current (HVDC) Transmission Systems Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market - Industry Life Cycle |
3.4 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market - Porter's Five Forces |
3.5 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.8 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increased demand for renewable energy sources |
4.2.2 Government initiatives to modernize and upgrade the energy infrastructure |
4.2.3 Growing need for efficient long-distance power transmission |
4.3 Market Restraints |
4.3.1 High initial investment costs for HVDC systems |
4.3.2 Technological complexities and challenges in implementation |
4.3.3 Regulatory hurdles and approval processes for new transmission projects |
5 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Trends |
6 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Segmentations |
6.1 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Line Commutated Converter (LCC), 2021-2031F |
6.1.3 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Voltage Source Converter (VSC), 2021-2031F |
6.2 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Monopole System, 2021-2031F |
6.2.3 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Bipolar System, 2021-2031F |
6.2.4 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Back-to-Back, 2021-2031F |
6.2.5 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Multi-terminal System, 2021-2031F |
6.3 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market, By Deployment |
6.3.1 Overview and Analysis |
6.3.2 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Overhead, 2021-2031F |
6.3.3 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Underground, 2021-2031F |
6.3.4 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Subsea, 2021-2031F |
6.3.5 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Combination, 2021-2031F |
6.4 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Interconnecting Grids, 2021-2031F |
6.4.3 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Infeed Urban Areas, 2021-2031F |
6.4.4 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Connecting Offshore Wind, 2021-2031F |
6.4.5 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Others, 2021-2031F |
6.5 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market, By Capacity |
6.5.1 Overview and Analysis |
6.5.2 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Up To 400 kV, 2021-2031F |
6.5.3 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By 401-800 kV, 2021-2031F |
6.5.4 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Above 800 kV, 2021-2031F |
7 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Import-Export Trade Statistics |
7.1 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Export to Major Countries |
7.2 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Imports from Major Countries |
8 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Key Performance Indicators |
8.1 Capacity utilization rate of existing HVDC systems in Ireland |
8.2 Average downtime of HVDC transmission systems |
8.3 Investment in research and development for HVDC technology improvements |
8.4 Energy transmission efficiency improvement rates |
8.5 Growth in the length of high voltage direct current transmission lines in Ireland |
9 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market - Opportunity Assessment |
9.1 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.4 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market - Competitive Landscape |
10.1 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Revenue Share, By Companies, 2024 |
10.2 Ireland High Voltage Direct Current (HVDC) Transmission Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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