| Product Code: ETC9967829 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the United States saw significant growth in high voltage direct current (HVDC) transmission systems imports, with key exporters being Mexico, Canada, China, Thailand, and India. The Herfindahl-Hirschman Index (HHI) indicated low concentration levels, pointing towards a competitive market landscape. With a strong compound annual growth rate (CAGR) of 17.59% from 2020 to 2024 and a notable growth rate of 15.0% from 2023 to 2024, the US HVDC transmission systems market is exhibiting robust expansion dynamics driven by imports from diverse global sources.

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 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market - Industry Life Cycle |
3.4 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market - Porter's Five Forces |
3.5 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F |
3.6 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources requiring efficient long-distance power transmission |
4.2.2 Government initiatives promoting grid modernization and enhancing energy infrastructure |
4.2.3 Growing need for reliable and stable power transmission over long distances |
4.3 Market Restraints |
4.3.1 High initial investment and installation costs associated with HVDC transmission systems |
4.3.2 Technological complexities and challenges in integrating HVDC systems with existing AC infrastructure |
4.3.3 Regulatory hurdles and permitting delays for implementing HVDC projects |
5 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Trends |
6 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market, By Types |
6.1 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market, By Transmission Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Transmission Type, 2021- 2031F |
6.1.3 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By HVDC Overhead Transmission System, 2021- 2031F |
6.1.4 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By HVDC Underground, 2021- 2031F |
6.1.5 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Submarine Transmission System, 2021- 2031F |
6.2 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Converter Stations, 2021- 2031F |
6.2.3 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Revenues & Volume, By Transmission Medium (Cables), 2021- 2031F |
7 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Import-Export Trade Statistics |
7.1 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Export to Major Countries |
7.2 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Imports from Major Countries |
8 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Key Performance Indicators |
8.1 Renewable energy capacity additions in the US |
8.2 Number of government grants or funding allocated to HVDC transmission projects |
8.3 Length of new HVDC transmission lines commissioned |
8.4 Average capacity factor of HVDC transmission systems in the US |
8.5 Frequency of major grid disruptions or blackouts in relation to the adoption of HVDC technology |
9 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market - Opportunity Assessment |
9.1 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Opportunity Assessment, By Transmission Type, 2021 & 2031F |
9.2 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Opportunity Assessment, By Component, 2021 & 2031F |
10 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market - Competitive Landscape |
10.1 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Revenue Share, By Companies, 2024 |
10.2 United States (US) High Voltage Direct Current (HVDC) Transmission Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |