Lucintel Forecasts the Global Flexible DC Converter Valve Market to Grow with a CAGR of 5.8% from 2025 to 2031
Lucintel Forecasts the Global Flexible DC Converter Valve Market to Grow with a CAGR of 5.8% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global flexible DC converter valve market looks promising with opportunities in the transmission station, distribution station, and electrical equipment markets. The global flexible DC converter valve market is expected to grow with a CAGR of 5.8% from 2025 to 2031. The major drivers for this market are increase in renewable energy integration, rising demand for high voltage direct current systems, and growing need for grid stability.
A more than 150-page report to understand trends, opportunity and forecast in global flexible DC converter valve market to 2031 by type (low voltage and high voltage), application (transmission station, distribution station, electrical equipment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, high voltage is expected to witness higher growth over the forecast period due to increasing use in transmitting large amounts of power efficiently.
Within the application category, transmission station is expected to witness the highest growth.
In terms of region, APAC is expected to witness the highest growth over the forecast period due to large-scale infrastructure projects in this region.
ABB, Siemens, GE Grid Solutions, Toshiba, Cla-Val, TBEA, China Southern Power Grid, Guangzhou Goaland Energy Conservation Tech, NR Electric, Rongxin Huiko Electric are the major suppliers in the flexible DC converter valve market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056