Global HVDC Transmission Market Set to Surge, Projected to Reach $19.49 Billion by 2030 Summary: The High Voltage Direct Current (HVDC) Transmission Market is witnessing rapid growth, fueled by increasing demand for efficient long-distance power transmission and integration of renewable energy sources. With advancements in technology and supportive government policies, the market is expected to reach USD 19.49 billion by 2030, growing at a CAGR of 8.7% from 2023.
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