PUBLISHER: QYResearch | PRODUCT CODE: 1580122
PUBLISHER: QYResearch | PRODUCT CODE: 1580122
Global Medium Voltage Direct Current Market Research Report 2024
The global Medium Voltage Direct Current market was valued at US$ 13.30 million in 2023 and is anticipated to reach US$ 142.92 million by 2030, witnessing a CAGR of 44.07%during the forecast period 2024-2030.
North American market for Medium Voltage Direct Current is estimated to increase from $ 2.95 million in 2023 to reach $ 31.92 million by 2030, at a CAGR of 44.34% during the forecast period of 2024 through 2030.
Europe market for Medium Voltage Direct Current is estimated to increase from $ 4.35 million in 2023 to reach $ 45.68 million by 2030, at a CAGR of 43.78% during the forecast period of 2024 through 2030.
Asia-Pacific market for Medium Voltage Direct Current is estimated to increase from $ 4.50 million in 2023 to reach $ 50.76 million by 2030, at a CAGR of 44.87% during the forecast period of 2024 through 2030.
The major global companies of Medium Voltage Direct Current include Siemens Energy, RXHK and China Shipbuilding Industry Corporation, etc. In 2023, the world's top three vendors accounted for approximately 90 % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Medium Voltage Direct Current, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medium Voltage Direct Current.
The Medium Voltage Direct Current market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Medium Voltage Direct Current market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Medium Voltage Direct Current companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- Siemens Energy
- RXHK
- SuperGrid Institute
- China Shipbuilding Industry Corporation
- Zhongke Zhihuan (Beijing) Technology
- XJ ELECTRIC
Segment by Type
- MVDC Technical Solution
- MVDC Equipment
Segment by Application
- MVDC Distribution
- Offshore Wind Power
- Marine Vessels
- Transportation
By Region
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- Europe
- Germany
- France
- UK
- Denmark
- Rest of Europe
- Latin America
- Middle East & Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Medium Voltage Direct Current company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 10: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 11: The main points and conclusions of the report.
Table of Contents
1 Report Overview
- 1.1 Study Scope
- 1.2 Market Analysis by Type
- 1.2.1 Global Medium Voltage Direct Current Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
- 1.2.2 MVDC Technical Solution
- 1.2.3 MVDC Equipment
- 1.3 Market by Application
- 1.3.1 Global Medium Voltage Direct Current Market Growth by Application: 2019 VS 2023 VS 2030
- 1.3.2 MVDC Distribution
- 1.3.3 Offshore Wind Power
- 1.3.4 Marine Vessels
- 1.3.5 Transportation
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Global Growth Trends
- 2.1 Global Medium Voltage Direct Current Market Perspective (2019-2030)
- 2.2 Global Medium Voltage Direct Current Growth Trends by Region
- 2.2.1 Global Medium Voltage Direct Current Market Size by Region: 2023 VS 2030
- 2.2.2 Medium Voltage Direct Current Market Size by Region (2023-2030)
- 2.3 Medium Voltage Direct Current Market Dynamics
- 2.3.1 Medium Voltage Direct Current Industry Trends
- 2.3.2 Medium Voltage Direct Current Market Drivers
- 2.3.3 Medium Voltage Direct Current Market Challenges
- 2.3.4 Medium Voltage Direct Current Market Restraints
3 Competition Landscape by Key Players
- 3.1 Global Top Medium Voltage Direct Current Players by Revenue
- 3.1.1 Global Top Medium Voltage Direct Current Players by Revenue (2019-2024)
- 3.1.2 Global Medium Voltage Direct Current Revenue Market Share by Players (2019-2024)
- 3.2 Global Medium Voltage Direct Current Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.3 Global Key Players Ranking by Medium Voltage Direct Current Revenue
- 3.4 Global Key Players of Medium Voltage Direct Current Head office and Area Served
- 3.5 Global Key Players of Medium Voltage Direct Current, Product and Application
- 3.6 Global Key Players of Medium Voltage Direct Current, Founding Date
- 3.7 Mergers & Acquisitions, Expansion Plans
4 Medium Voltage Direct Current Breakdown Data by Type
- 4.1 Global Medium Voltage Direct Current Historic Market Size by Type (2019-2024)
- 4.2 Global Medium Voltage Direct Current Forecasted Market Size by Type (2025-2030)
5 Medium Voltage Direct Current Breakdown Data by Application
- 5.1 Global Medium Voltage Direct Current Historic Market Size by Application (2019-2024)
- 5.2 Global Medium Voltage Direct Current Forecasted Market Size by Application (2025-2030)
6 North America
- 6.1 North America Medium Voltage Direct Current Forecasted Market Size (2025-2030)
- 6.2 North America Medium Voltage Direct Current Forecasted Market Size by Country (2025-2030)
- 6.3 United States
- 6.4 Canada
7 Europe
- 7.1 Europe Medium Voltage Direct Current Forecasted Market Size (2025-2030)
- 7.2 Europe Medium Voltage Direct Current Forecasted Market Size by Country (2025-2030)
- 7.3 Germany
- 7.4 France
- 7.5 U.K.
- 7.6 Denmark
8 Asia-Pacific
- 8.1 Asia-Pacific Medium Voltage Direct Current Forecasted Market Size (2025-2030)
- 8.2 Asia-Pacific Medium Voltage Direct Current Forecasted Market Size by Region (2025-2030)
- 8.3 China
- 8.4 Japan
- 8.5 South Korea
- 8.6 Southeast Asia
- 8.7 India
9 Latin America & Middle East & Africa
- 9.1 Latin America & Middle East & Africa Medium Voltage Direct Current Forecasted Market Size (2025-2030)
- 9.2 Latin America & Middle East & Africa Medium Voltage Direct Current Forecasted Market Size by Country (2025-2030)
- 9.3 Latin America
10 Key Players Profiles
- 10.1 Siemens Energy
- 10.1.1 Siemens Energy Company Details
- 10.1.2 Siemens Energy Business Overview
- 10.1.3 Siemens Energy Medium Voltage Direct Current Introduction
- 10.1.4 Siemens Energy Revenue in Medium Voltage Direct Current Business (2019-2024)
- 10.1.5 Siemens Energy Recent Development
- 10.2 RXHK
- 10.2.1 RXHK Company Details
- 10.2.2 RXHK Business Overview
- 10.2.3 RXHK Medium Voltage Direct Current Introduction
- 10.2.4 RXHK Revenue in Medium Voltage Direct Current Business (2019-2024)
- 10.3 SuperGrid Institute
- 10.3.1 SuperGrid Institute Company Details
- 10.3.2 SuperGrid Institute Business Overview
- 10.3.3 SuperGrid Institute Medium Voltage Direct Current Introduction
- 10.3.4 SuperGrid Institute Revenue in Medium Voltage Direct Current Business (2019-2024)
- 10.4 China Shipbuilding Industry Corporation
- 10.4.1 China Shipbuilding Industry Corporation Company Details
- 10.4.2 China Shipbuilding Industry Corporation Business Overview
- 10.4.3 China Shipbuilding Industry Corporation Medium Voltage Direct Current Introduction
- 10.4.4 China Shipbuilding Industry Corporation Revenue in Medium Voltage Direct Current Business (2019-2024)
- 10.5 Zhongke Zhihuan (Beijing) Technology
- 10.5.1 Zhongke Zhihuan (Beijing) Technology Company Details
- 10.5.2 Zhongke Zhihuan (Beijing) Technology Business Overview
- 10.5.3 Zhongke Zhihuan (Beijing) Technology Medium Voltage Direct Current Introduction
- 10.5.4 Zhongke Zhihuan (Beijing) Technology Revenue in Medium Voltage Direct Current Business (2019-2024)
- 10.5.5 Zhongke Zhihuan (Beijing) Technology Recent Development
- 10.6 XJ ELECTRIC
- 10.6.1 XJ ELECTRIC Company Details
- 10.6.2 XJ ELECTRIC Business Overview
- 10.6.3 XJ ELECTRIC Medium Voltage Direct Current Introduction
- 10.6.4 XJ ELECTRIC Revenue in Medium Voltage Direct Current Business (2019-2024)
11 Analyst's Viewpoints/Conclusions
12 Appendix
- 12.1 Research Methodology
- 12.1.1 Methodology/Research Approach
- 12.1.2 Data Source
- 12.2 Author Details
- 12.3 Disclaimer 83
List of Tables
- Table 1. Global Medium Voltage Direct Current Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030
- Table 2. Key Players of MVDC Technical Solution
- Table 3. Key Players of MVDC Equipment
- Table 4. Global Medium Voltage Direct Current Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030
- Table 5. Global Medium Voltage Direct Current Market Size by Region (US$ Million): 2023 VS 2030
- Table 6. Global Medium Voltage Direct Current Market Size by Region (2023-2030) & (US$ Million)
- Table 7. Global Medium Voltage Direct Current Market Share by Region (2023-2030)
- Table 8. Medium Voltage Direct Current Market Trends
- Table 9. Medium Voltage Direct Current Market Drivers
- Table 10. Medium Voltage Direct Current Market Challenges
- Table 11. Medium Voltage Direct Current Market Restraints
- Table 12. Global Medium Voltage Direct Current Revenue by Players (2019-2024) & (US$ Million)
- Table 13. Global Medium Voltage Direct Current Market Share by Players (2019-2024)
- Table 14. Global Top Medium Voltage Direct Current Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Medium Voltage Direct Current as of 2023)
- Table 15. Ranking of Global Top Medium Voltage Direct Current Companies by Revenue (US$ Million) in 2023
- Table 16. Global Key Players of Medium Voltage Direct Current, Headquarters and Area Served
- Table 17. Global Key Players of Medium Voltage Direct Current, Product and Application
- Table 18. Global Key Players of Medium Voltage Direct Current, Founding Date
- Table 19. Mergers & Acquisitions, Expansion Plans
- Table 20. Global Medium Voltage Direct Current Market Size by Type (2019-2024) & (US$ Million)
- Table 21. Global Medium Voltage Direct Current Revenue Market Share by Type (2019-2024)
- Table 22. Global Medium Voltage Direct Current Forecasted Market Size by Type (2025-2030) & (US$ Million)
- Table 23. Global Medium Voltage Direct Current Revenue Market Share by Type (2025-2030)
- Table 24. Global Medium Voltage Direct Current Market Size by Application (2019-2024) & (US$ Million)
- Table 25. Global Medium Voltage Direct Current Revenue Market Share by Application (2019-2024)
- Table 26. Global Medium Voltage Direct Current Forecasted Market Size by Application (2025-2030) & (US$ Million)
- Table 27. Global Medium Voltage Direct Current Revenue Market Share by Application (2025-2030)
- Table 28. North America Medium Voltage Direct Current Forecasted Market Size by Country (2025-2030) & (US$ Million)
- Table 29. Europe Medium Voltage Direct Current Forecasted Market Size by Country (2025-2030) & (US$ Million)
- Table 30. Asia-Pacific Medium Voltage Direct Current Forecasted Market Size by Region (2025-2030) & (US$ Million)
- Table 31. Latin America & Middle East & Africa Medium Voltage Direct Current Forecasted Market Size by Country (2025-2030) & (US$ Million)
- Table 32. Siemens Energy Company Details
- Table 33. Siemens Energy Business Overview
- Table 34. Siemens Energy Medium Voltage Direct Current Product
- Table 35. Siemens Energy Revenue in Medium Voltage Direct Current Business (2019-2024) & (US$ Million)
- Table 36. Siemens Energy Recent Development
- Table 37. RXHK Company Details
- Table 38. RXHK Business Overview
- Table 39. RXHK Medium Voltage Direct Current Product
- Table 40. RXHK Revenue in Medium Voltage Direct Current Business (2019-2024) & (US$ Million)
- Table 41. SuperGrid Institute Company Details
- Table 42. SuperGrid Institute Business Overview
- Table 43. SuperGrid Institute Medium Voltage Direct Current Product
- Table 44. SuperGrid Institute Revenue in Medium Voltage Direct Current Business (2019-2024) & (US$ Million)
- Table 45. China Shipbuilding Industry Corporation Company Details
- Table 46. China Shipbuilding Industry Corporation Business Overview
- Table 47. China Shipbuilding Industry Corporation Medium Voltage Direct Current Product
- Table 48. China Shipbuilding Industry Corporation Revenue in Medium Voltage Direct Current Business (2019-2024) & (US$ Million)
- Table 49. Zhongke Zhihuan (Beijing) Technology Company Details
- Table 50. Zhongke Zhihuan (Beijing) Technology Business Overview
- Table 51. Zhongke Zhihuan (Beijing) Technology Medium Voltage Direct Current Product
- Table 52. Zhongke Zhihuan (Beijing) Technology Revenue in Medium Voltage Direct Current Business (2019-2024) & (US$ Million)
- Table 53. Zhongke Zhihuan (Beijing) Technology Recent Development
- Table 54. XJ ELECTRIC Company Details
- Table 55. XJ ELECTRIC Business Overview
- Table 56. XJ ELECTRIC Medium Voltage Direct Current Product
- Table 57. XJ ELECTRIC Revenue in Medium Voltage Direct Current Business (2019-2024) & (US$ Million)
- Table 58. Research Programs/Design for This Report
- Table 59. Key Data Information from Secondary Sources
- Table 60. Key Data Information from Primary Sources
- Table 61. Authors List of This Report
List of Figures
- Figure 1. Medium Voltage Direct Current Picture
- Figure 2. Global Medium Voltage Direct Current Market Size Comparison by Type (2019-2030) & (US$ Million)
- Figure 3. Global Medium Voltage Direct Current Market Share by Type: 2023 VS 2030
- Figure 4. MVDC Technical Solution Features
- Figure 5. MVDC Equipment Features
- Figure 6. Global Medium Voltage Direct Current Market Size by Application (2024-2030) & (US$ Million)
- Figure 7. Global Medium Voltage Direct Current Market Share by Application: 2023 VS 2030
- Figure 8. MVDC Distribution Case Studies (MVDC Distribution Network)
- Figure 9. Offshore Wind Power Case Studies (MVDC Cluster for a Wind Park)
- Figure 10. Marine Vessels Case Studies (Typical Configuration of MVDC Ship Power System)
- Figure 11. Transportation Case Studies (Systems with MVDC Intermediate Feeders)
- Figure 12. Medium Voltage Direct Current Report Years Considered
- Figure 13. Global Medium Voltage Direct Current Market Size (US$ Million), Year-over-Year: 2019-2030
- Figure 14. Global Medium Voltage Direct Current Market Size, (US$ Million), 2019 VS 2023 VS 2030
- Figure 15. Global Medium Voltage Direct Current Market Share by Region: 2023 VS 2030
- Figure 16. Global Medium Voltage Direct Current Market Share by Players in 2023
- Figure 17. Global Top Medium Voltage Direct Current Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Medium Voltage Direct Current as of 2023)
- Figure 18. North America Medium Voltage Direct Current Forecasted Market Size YoY Growth (2025-2030) & (US$ Million)
- Figure 19. North America Medium Voltage Direct Current Market Share by Country (2024-2030)
- Figure 20. United States Medium Voltage Direct Current Forecasted Market Size YoY Growth (2024-2030) & (US$ Million)
- Figure 21. Canada Medium Voltage Direct Current Forecasted Market Size YoY Growth (2024-2030) & (US$ Million)
- Figure 22. Europe Medium Voltage Direct Current Forecasted Market Size YoY Growth (2025-2030) & (US$ Million)
- Figure 23. Europe Medium Voltage Direct Current Market Share by Country (2025-2030)
- Figure 24. Germany Medium Voltage Direct Current Forecasted Market Size YoY Growth (2025-2030) & (US$ Million)
- Figure 25. France Medium Voltage Direct Current Forecasted Market Size YoY Growth (2025-2030) & (US$ Million)
- Figure 26. U.K. Medium Voltage Direct Current Forecasted Market Size YoY Growth (2025-2030) & (US$ Million)
- Figure 27. Denmark Medium Voltage Direct Current Forecasted Market Size YoY Growth (2025-2030) & (US$ Million)
- Figure 28. Asia-Pacific Medium Voltage Direct Current Forecasted Market Size YoY Growth (2025-2030) & (US$ Million)
- Figure 29. Asia-Pacific Medium Voltage Direct Current Market Share by Region (2025-2030)
- Figure 30. China Medium Voltage Direct Current Forecasted Market Size YoY Growth (2025-2030) & (US$ Million)
- Figure 31. Japan Medium Voltage Direct Current Forecasted Market Size YoY Growth (2025-2030) & (US$ Million)
- Figure 32. South Korea Medium Voltage Direct Current Forecasted Market Size YoY Growth (2025-2030) & (US$ Million)
- Figure 33. Southeast Asia Medium Voltage Direct Current Forecasted Market Size YoY Growth (2025-2030) & (US$ Million)
- Figure 34. India Medium Voltage Direct Current Forecasted Market Size YoY Growth (2025-2030) & (US$ Million)
- Figure 35. Latin America & Middle East & Africa Medium Voltage Direct Current Forecasted Market Size YoY Growth (2025-2030) & (US$ Million)
- Figure 36. Latin America Medium Voltage Direct Current Forecasted Market Size YoY Growth (2025-2030) & (US$ Million)
- Figure 37. Zhongke Zhihuan (Beijing) Technology Revenue Growth Rate in Medium Voltage Direct Current Business (2019-2024)
- Figure 38. Bottom-up and Top-down Approaches for This Report
- Figure 39. Data Triangulation
- Figure 40. Key Executives Interviewed
