Global HVDC Transmission Market Share: Set to Reach USD 19.49 Billion by 2030, Driven by Renewable E
Global HVDC Transmission Market Projected to Reach USD 19.49 Billion by 2030 Advancements in Power Grid Interconnection and Renewable Energy Integration Drive Market Growth The Global HVDC Transmission Market Share is experiencing significant growth, driven by technological advancements and the increasing demand for efficient power transmission solutions. Valued at USD 10.87 billion in 2023, the market is projected to reach USD 19.49 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.7% during the forecast period.
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