High Voltage Direct Current (HVDC) Transmission SystemHigh voltage direct current (HVDC) transmission system, also known as electrical superhighway or power superhighway, is an electric transmission system used for bulk direct-current transmission of electric powerHVDC transmission systems have the capability to interconnect networks with different features and frequencies and are more competent than alternating current linesHVDC transmission systems are ideal for long distance transmission and also have less electrical losses.
However, these transmission systems are costlier for short distances, as conversion units are required.
The HVDC transmission system uses two technologies: voltage source converters (VSC) and line commutated converters (LCC).The LCC technology is based on thyristor power semiconductor, which enables bulk power transfer with very low current losses.
The technology is largely applied in offshore applications including submarines and renewables.Is something restraining your company’s growth in the High Voltage Direct Current (HVDC) Transmission Systems Market?
Ask for the report brochure hereKey Driver of High Voltage Direct Current (HVDC) Transmission Systems MarketIncrease in installation of offshore wind power generation projects is anticipated to drive the HVDC transmission systems market.
Large amount of power generation is feasible through offshore wind energy; therefore, the generated energy can be distributed to locations with high demand for electricity.Key DevelopmentIn November 2018, The State Grid Corporation of China (SGCC), with the help of ABB, installed the world’s first DC-grid with HVDC in Zhangbei, China.
The newly added HVDC Cables Market research report by Value Market Research disclose all the important information associated with the market such as value, growth factor, trends, market share, size, and challenges for the forecasted timeline 2020-2027.
Further, this report also highlights smart strategy adopted by major players and also their market share.
Basically, this report is designed to give a proper understanding of industry structure and competition intensity attractiveness.This research report also includes profiles of major companies operating in the global market.
Some of the prominent players operating in the global HVDC Cables market are Cable Corporation of India Ltd., LS Cable & System Ltd., Nexans Group, Ningbo Orient Wires & Cables Co., Ltd., NKT A/S, Prysmian Group, Sumitomo Electric Industries Ltd., and ZTT International Ltd.
This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.Get more information on "Global HVDC Cables Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/hvdc-cables-market/download-sampleMarket DynamicsThe rising demand for HVDC cables owing to their ability to transport power over distances is augmenting the market growth.
Additionally, increasing awareness regarding the utilization of HVDC cables owing to its cost efficiency is further fueling the market demand.
The global HVDC cables market was valued at around US$ 1.4 Bn in 2017 and is anticipated to expand at a CAGR of more than 6.0% from 2018 to 2026, according to a new report by Transparency Market Research (TMR) titled ‘HVDC Cables Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ HVDC cables transmit high voltage direct current over long distances, as they are more efficient than the HVAC technology.
This study divides high voltage into three segments: high voltage (35 kV to 475kV), extra high voltage (476 kV to 800 kV),and ultra-high voltage (above 800 kV).
Request A Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S_id=58167Power Transmission, Renewable Energy, and Oil & Gas Industry to Drive MarketIn terms of power transmission, majority of HVDC transmission lines in Europe transport electricity from one country to another.
Europe is planning to install HVDC transmission lines from a few southern countries such as Cyprus to countries in North Africa such as Egypt.
Acquisition of land becomes an even bigger problem when cables are to be laid close to human settlements.More Trending Reports by Transparency Market Research - https://www.prnewswire.com/news-releases/oil--gas-epc-market-to-reach-a-valuation-of-us-64-7-bn-by-2027-growth-in-ep-in-oil-and-gas-industry-boosting-growth-states-transparency-market-research-301005816.htmlIncrease in Usage of XLPE HVDC Cables to Drive HVDC Cables MarketThe usage of mass impregnated cables and oil-filled cables was common when some of the first HVDC transmission lines were installed in the early second half of the 20th century.
XLPE cables also allow the use of a wide range of additives such as anti-oxidants, cross-linking agents, lubricating additives, scorch resistant additives, and those which increase the cross-linking density.
The HVDC Transmission Market is projected to reach USD 12.3 billion by 2024 from USD 8.2 billion in 2018, at a CAGR of 6.9% during 2018–2024.Major drivers for market growth are optimal solutions for long distance transmission, growing demand for VSC technology, shift toward renewable energy, and supportive government policies and initiatives for HVDC transmission.
However, the high cost of installing HVDC transmission systems is the major restraint for the growth of the market.Download Free PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1225Bulk power transmission to hold largest share of HVDC transmission market during forecast periodHVDC systems are preferred for sending bulk power across long distances, with fewer power losses.
That makes the underlying technology valuable for overcoming an important problem associated with renewable energy generation, harvesting points for which are seldom located near the population centers that need them.
HVDC is economical, which results in higher efficiency, lesser conductor, no reactive power compensation, and more stable and reliable operations than an equivalent high voltage alternating current (HVAC) system transmitting the same amount of power.HVDC transmission market for multi-terminal project type to grow at highest CAGR during forecast periodOf all the project types, the market for multi-terminal is expected to witness the highest CAGR.
Multi-terminal HVDC systems connect non-synchronous power systems and offer flexibility in interchanging power between 3 or more converter stations.
Multi-terminal HVDC systems are one of the cost-effective ways to aggregate large amounts of renewable energies through HVDC land cables, sea cables, or overhead lines on one side, and connect the aggregated energy to the main AC system through a common DC network.APAC to hold largest share of HVDC transmission market during 2018–2024The HVDC transmission market in APAC is segmented into China, Japan, India, and Australia.
The warehouse management system market is estimated to reach USD 4.8 billion by 2024 from USD 2.1 billion in 2018, at a CAGR of 15.2% between 2018 and 2024.Browse 38 market data tables and 60 figures spread through 183 pages and in-depth TOC on “Warehouse Management System Market by Offering (Software, Services), Deployment (On-Premise, On-Cloud), Tier Type (Advanced, Intermediate, Basic), Industry (3PL, Automotive, Food & Beverages, E-Commerce), and Region - Global Forecast to 2024”Request Free Sample Pages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=41614951Warehouse management system is a software solution primarily used by warehouse operators for efficient control over various warehousing operations, including inventory management, labor management, crossdocking, picking and placing, packaging, shipping, yard management, and dock management.
A WMS can be deployed on-premise or on-cloud in different industries, such as third-party logistics (3PL), ecommerce, automotive, electrical and electronics, food & beverages, and pharmaceuticals.
The growth of the market is propelled by growth in e-commerce industry, emergence of multichannel distribution, globalization of supply chain networks, increasing adoption of on-cloud WMS solutions, and need for efficient forecasting models.“Based on deployment type, On-cloud expected to grow at a higher CAGR in the warehouse management system market between 2018 and 2024”On-cloud WMS software solutions are deployed or implemented using the Internet, and the unlimited computing power provided by server systems is maintained by cloud service providers.
This software is delivered either as a “one-size-fits-all” product or a uniquely configured solution accessible only by a particular customer.
The customer pays a monthly or annual fee for subscription to software license, support, updates, and supplier’s infrastructure.
The growing adoption of cloud services in the manufacturing and logistics industries, along with increased reliability of users on cloud companies, is fueling the adoption of on-cloud WMS software.
The global HVDC cables market was valued at around US$ 1.4 Bn in 2017 and is anticipated to expand at a CAGR of more than 6.0% from 2018 to 2026, according to a new report by Transparency Market Research (TMR) titled ‘HVDC Cables Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ HVDC cables transmit high voltage direct current over long distances, as they are more efficient than the HVAC technology.
This study divides high voltage into three segments: high voltage (35 kV to 475kV), extra high voltage (476 kV to 800 kV),and ultra-high voltage (above 800 kV).
Request A Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S_id=58167Power Transmission, Renewable Energy, and Oil & Gas Industry to Drive MarketIn terms of power transmission, majority of HVDC transmission lines in Europe transport electricity from one country to another.
Europe is planning to install HVDC transmission lines from a few southern countries such as Cyprus to countries in North Africa such as Egypt.
Acquisition of land becomes an even bigger problem when cables are to be laid close to human settlements.More Trending Reports by Transparency Market Research - https://www.prnewswire.com/news-releases/oil--gas-epc-market-to-reach-a-valuation-of-us-64-7-bn-by-2027-growth-in-ep-in-oil-and-gas-industry-boosting-growth-states-transparency-market-research-301005816.htmlIncrease in Usage of XLPE HVDC Cables to Drive HVDC Cables MarketThe usage of mass impregnated cables and oil-filled cables was common when some of the first HVDC transmission lines were installed in the early second half of the 20th century.
XLPE cables also allow the use of a wide range of additives such as anti-oxidants, cross-linking agents, lubricating additives, scorch resistant additives, and those which increase the cross-linking density.
The HVDC Transmission Market is projected to reach USD 12.3 billion by 2024 from USD 8.2 billion in 2018, at a CAGR of 6.9% during 2018–2024.Major drivers for market growth are optimal solutions for long distance transmission, growing demand for VSC technology, shift toward renewable energy, and supportive government policies and initiatives for HVDC transmission.
However, the high cost of installing HVDC transmission systems is the major restraint for the growth of the market.Download Free PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1225Bulk power transmission to hold largest share of HVDC transmission market during forecast periodHVDC systems are preferred for sending bulk power across long distances, with fewer power losses.
That makes the underlying technology valuable for overcoming an important problem associated with renewable energy generation, harvesting points for which are seldom located near the population centers that need them.
HVDC is economical, which results in higher efficiency, lesser conductor, no reactive power compensation, and more stable and reliable operations than an equivalent high voltage alternating current (HVAC) system transmitting the same amount of power.HVDC transmission market for multi-terminal project type to grow at highest CAGR during forecast periodOf all the project types, the market for multi-terminal is expected to witness the highest CAGR.
Multi-terminal HVDC systems connect non-synchronous power systems and offer flexibility in interchanging power between 3 or more converter stations.
Multi-terminal HVDC systems are one of the cost-effective ways to aggregate large amounts of renewable energies through HVDC land cables, sea cables, or overhead lines on one side, and connect the aggregated energy to the main AC system through a common DC network.APAC to hold largest share of HVDC transmission market during 2018–2024The HVDC transmission market in APAC is segmented into China, Japan, India, and Australia.
The warehouse management system market is estimated to reach USD 4.8 billion by 2024 from USD 2.1 billion in 2018, at a CAGR of 15.2% between 2018 and 2024.Browse 38 market data tables and 60 figures spread through 183 pages and in-depth TOC on “Warehouse Management System Market by Offering (Software, Services), Deployment (On-Premise, On-Cloud), Tier Type (Advanced, Intermediate, Basic), Industry (3PL, Automotive, Food & Beverages, E-Commerce), and Region - Global Forecast to 2024”Request Free Sample Pages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=41614951Warehouse management system is a software solution primarily used by warehouse operators for efficient control over various warehousing operations, including inventory management, labor management, crossdocking, picking and placing, packaging, shipping, yard management, and dock management.
A WMS can be deployed on-premise or on-cloud in different industries, such as third-party logistics (3PL), ecommerce, automotive, electrical and electronics, food & beverages, and pharmaceuticals.
The growth of the market is propelled by growth in e-commerce industry, emergence of multichannel distribution, globalization of supply chain networks, increasing adoption of on-cloud WMS solutions, and need for efficient forecasting models.“Based on deployment type, On-cloud expected to grow at a higher CAGR in the warehouse management system market between 2018 and 2024”On-cloud WMS software solutions are deployed or implemented using the Internet, and the unlimited computing power provided by server systems is maintained by cloud service providers.
This software is delivered either as a “one-size-fits-all” product or a uniquely configured solution accessible only by a particular customer.
The customer pays a monthly or annual fee for subscription to software license, support, updates, and supplier’s infrastructure.
The growing adoption of cloud services in the manufacturing and logistics industries, along with increased reliability of users on cloud companies, is fueling the adoption of on-cloud WMS software.
High Voltage Direct Current (HVDC) Transmission SystemHigh voltage direct current (HVDC) transmission system, also known as electrical superhighway or power superhighway, is an electric transmission system used for bulk direct-current transmission of electric powerHVDC transmission systems have the capability to interconnect networks with different features and frequencies and are more competent than alternating current linesHVDC transmission systems are ideal for long distance transmission and also have less electrical losses.
However, these transmission systems are costlier for short distances, as conversion units are required.
The HVDC transmission system uses two technologies: voltage source converters (VSC) and line commutated converters (LCC).The LCC technology is based on thyristor power semiconductor, which enables bulk power transfer with very low current losses.
The technology is largely applied in offshore applications including submarines and renewables.Is something restraining your company’s growth in the High Voltage Direct Current (HVDC) Transmission Systems Market?
Ask for the report brochure hereKey Driver of High Voltage Direct Current (HVDC) Transmission Systems MarketIncrease in installation of offshore wind power generation projects is anticipated to drive the HVDC transmission systems market.
Large amount of power generation is feasible through offshore wind energy; therefore, the generated energy can be distributed to locations with high demand for electricity.Key DevelopmentIn November 2018, The State Grid Corporation of China (SGCC), with the help of ABB, installed the world’s first DC-grid with HVDC in Zhangbei, China.
The newly added HVDC Cables Market research report by Value Market Research disclose all the important information associated with the market such as value, growth factor, trends, market share, size, and challenges for the forecasted timeline 2020-2027.
Further, this report also highlights smart strategy adopted by major players and also their market share.
Basically, this report is designed to give a proper understanding of industry structure and competition intensity attractiveness.This research report also includes profiles of major companies operating in the global market.
Some of the prominent players operating in the global HVDC Cables market are Cable Corporation of India Ltd., LS Cable & System Ltd., Nexans Group, Ningbo Orient Wires & Cables Co., Ltd., NKT A/S, Prysmian Group, Sumitomo Electric Industries Ltd., and ZTT International Ltd.
This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.Get more information on "Global HVDC Cables Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/hvdc-cables-market/download-sampleMarket DynamicsThe rising demand for HVDC cables owing to their ability to transport power over distances is augmenting the market growth.
Additionally, increasing awareness regarding the utilization of HVDC cables owing to its cost efficiency is further fueling the market demand.