Global HVDC Converter Station Market Overview
The size of the HVDC Converter Station market was estimated at USD 5.9 billion in 2022. The industry is expected to increase at a compound annual growth rate (CAGR) of 4.50% between 2023 and 2032, from USD 6.1 billion in 2023 to USD 8.7 billion.
In the world of electrical power transmission, HVDC (High-Voltage Direct Current) systems play a crucial role in efficiently transmitting electricity...
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