Global HVDC Transmission Market Overview Trends, Growth Drivers, and Challenges
Introduction
The HVDC Transmission market sector is expected to increase from USD 11.4 billion in 2023 to USD 22.0 billion by 2032, demonstrating a compound yearly growth rate (CAGR) of 8.60% during the forecast period (2023–2032). The HVDC Transmission market size was assessed at USD 10.5 billion in 2022.
Electricity is the lifeblood of our modern world, and its efficient transmission is...
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