Romania HVDC Transmission Market (2025-2031) Outlook | Trends, Industry, Growth, Value, Analysis, Forecast, Companies, Size, Revenue & Share
Market Forecast By Component (Converter Stations, Transmission Cables, Others), By Project Type (Point-to-Point, Back-to-Back, Multi-Terminal), By Technology (CCC, VSC, lCC) And Competitive Landscape
| Product Code: ETC4588159 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Romania HVDC Transmission Market Overview
This market focuses on the technology and infrastructure for high-voltage direct current transmission, which is used for long-distance and underwater power transmission to reduce losses and improve grid stability.
Drivers of the market
Infrastructure for HVDC transmission systems, grid modernization projects, and renewable energy integration.
Challenges of the market
High production costs and the complexity of integrating advanced technologies pose significant challenges in the Romania HVDC Transmission Market. The market also struggles with maintaining quality and ensuring compliance with stringent safety regulations. Moreover, there is a need for continuous innovation to improve the efficiency and reliability of HVDC transmission systems.
Government Policy of the market
The government can support the HVDC transmission market through policies prioritizing grid modernization and funding for large-scale renewable energy projects.
Key Highlights of the Report:
- Romania HVDC Transmission Market Outlook
- Market Size of Romania HVDC Transmission Market, 2024
- Forecast of Romania HVDC Transmission Market, 2031
- Historical Data and Forecast of Romania HVDC Transmission Revenues & Volume for the Period 2021-2031
- Romania HVDC Transmission Market Trend Evolution
- Romania HVDC Transmission Market Drivers and Challenges
- Romania HVDC Transmission Price Trends
- Romania HVDC Transmission Porter's Five Forces
- Romania HVDC Transmission Industry Life Cycle
- Historical Data and Forecast of Romania HVDC Transmission Market Revenues & Volume By Component for the Period 2021-2031
- Historical Data and Forecast of Romania HVDC Transmission Market Revenues & Volume By Converter Stations for the Period 2021-2031
- Historical Data and Forecast of Romania HVDC Transmission Market Revenues & Volume By Transmission Cables for the Period 2021-2031
- Historical Data and Forecast of Romania HVDC Transmission Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Romania HVDC Transmission Market Revenues & Volume By Project Type for the Period 2021-2031
- Historical Data and Forecast of Romania HVDC Transmission Market Revenues & Volume By Point-to-Point for the Period 2021-2031
- Historical Data and Forecast of Romania HVDC Transmission Market Revenues & Volume By Back-to-Back for the Period 2021-2031
- Historical Data and Forecast of Romania HVDC Transmission Market Revenues & Volume By Multi-Terminal for the Period 2021-2031
- Historical Data and Forecast of Romania HVDC Transmission Market Revenues & Volume By Technology for the Period 2021-2031
- Historical Data and Forecast of Romania HVDC Transmission Market Revenues & Volume By CCC for the Period 2021-2031
- Historical Data and Forecast of Romania HVDC Transmission Market Revenues & Volume By VSC for the Period 2021-2031
- Historical Data and Forecast of Romania HVDC Transmission Market Revenues & Volume By lCC for the Period 2021-2031
- Romania HVDC Transmission Import Export Trade Statistics
- Market Opportunity Assessment By Component
- Market Opportunity Assessment By Project Type
- Market Opportunity Assessment By Technology
- Romania HVDC Transmission Top Companies Market Share
- Romania HVDC Transmission Competitive Benchmarking By Technical and Operational Parameters
- Romania HVDC Transmission Company Profiles
- Romania HVDC Transmission Key Strategic Recommendations
What is the scope of the Romania HVDC transmission market?
The Romania HVDC transmission market refers to the industry in Romania that deals with high voltage direct current transmission technology used for efficient long-distance electricity transmission. Companies such as Siemens Energy and ABB are key players in this market, providing HVDC transmission solutions for projects like the Romania-Bulgaria interconnector.
An observation in customer preferences in the Romania HVDC transmission market is the increasing demand for environmentally friendly solutions. For example, companies like Siemens and ABB are developing HVDC technologies that focus on energy efficiency and reduced environmental impact, aligning with the shift towards sustainable energy practices in the industry.
The Romania HVDC transmission market is expected to witness significant growth in the coming years as companies like ABB and Siemens continue to innovate and develop advanced technologies for efficient power transmission in the region. Additionally, the increasing focus on renewable energy integration and grid modernization initiatives in Romania are likely to drive the demand for HVDC transmission solutions.
Siemens AG, ABB Ltd., and General Electric Company are the major players in the Romania HVDC transmission market. Siemens AG is known for its innovative HVDC technologies and strong presence in the region, while ABB Ltd. has a wide range of HVDC solutions and a solid reputation for reliability. General Electric Company focuses on providing advanced grid solutions and has been expanding its presence in the Romania market through strategic partnerships and projects.
The growth of the Romania HVDC transmission market is primarily driven by the increasing demand for efficient power transmission over long distances. Factors such as the integration of renewable energy sources like wind and solar power, the need for grid modernization, and the expansion of cross-border electricity trading with neighboring countries like Bulgaria and Hungary are significant drivers propelling market growth. Additionally, investments by companies such as ABB and Siemens in advanced HVDC technologies and projects like the Romania-Bulgaria power interconnector further stimulate market expansion.
6Wresearch actively monitors the Romania HVDC Transmission 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 Romania HVDC Transmission 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 Romania HVDC Transmission Market Overview |
3.1 Romania Country Macro Economic Indicators |
3.2 Romania HVDC Transmission Market Revenues & Volume, 2021 & 2031F |
3.3 Romania HVDC Transmission Market - Industry Life Cycle |
3.4 Romania HVDC Transmission Market - Porter's Five Forces |
3.5 Romania HVDC Transmission Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Romania HVDC Transmission Market Revenues & Volume Share, By Project Type, 2021 & 2031F |
3.7 Romania HVDC Transmission Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Romania HVDC Transmission Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient and reliable electricity transmission infrastructure in Romania |
4.2.2 Government initiatives to modernize and upgrade the country's power grid |
4.2.3 Growing focus on renewable energy integration, necessitating the need for HVDC transmission technology |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with HVDC transmission infrastructure |
4.3.2 Regulatory challenges and lengthy approval processes for new projects |
4.3.3 Limited expertise and skill availability for HVDC technology implementation in Romania |
5 Romania HVDC Transmission Market Trends |
6 Romania HVDC Transmission Market, By Types |
6.1 Romania HVDC Transmission Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Romania HVDC Transmission Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 Romania HVDC Transmission Market Revenues & Volume, By Converter Stations, 2021-2031F |
6.1.4 Romania HVDC Transmission Market Revenues & Volume, By Transmission Cables, 2021-2031F |
6.1.5 Romania HVDC Transmission Market Revenues & Volume, By Others, 2021-2031F |
6.2 Romania HVDC Transmission Market, By Project Type |
6.2.1 Overview and Analysis |
6.2.2 Romania HVDC Transmission Market Revenues & Volume, By Point-to-Point, 2021-2031F |
6.2.3 Romania HVDC Transmission Market Revenues & Volume, By Back-to-Back, 2021-2031F |
6.2.4 Romania HVDC Transmission Market Revenues & Volume, By Multi-Terminal, 2021-2031F |
6.3 Romania HVDC Transmission Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Romania HVDC Transmission Market Revenues & Volume, By CCC, 2021-2031F |
6.3.3 Romania HVDC Transmission Market Revenues & Volume, By VSC, 2021-2031F |
6.3.4 Romania HVDC Transmission Market Revenues & Volume, By lCC, 2021-2031F |
7 Romania HVDC Transmission Market Import-Export Trade Statistics |
7.1 Romania HVDC Transmission Market Export to Major Countries |
7.2 Romania HVDC Transmission Market Imports from Major Countries |
8 Romania HVDC Transmission Market Key Performance Indicators |
8.1 Average capacity utilization rate of existing HVDC transmission projects in Romania |
8.2 Percentage increase in investments in HVDC transmission infrastructure year-over-year |
8.3 Number of successful HVDC transmission projects commissioned within set timelines |
9 Romania HVDC Transmission Market - Opportunity Assessment |
9.1 Romania HVDC Transmission Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Romania HVDC Transmission Market Opportunity Assessment, By Project Type, 2021 & 2031F |
9.3 Romania HVDC Transmission Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Romania HVDC Transmission Market - Competitive Landscape |
10.1 Romania HVDC Transmission Market Revenue Share, By Companies, 2024 |
10.2 Romania HVDC Transmission Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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