HVDC Converter Station Market Expected to Witness a Sustainable Growth over 2022
The HVDC converter station market is expected to grow at a CAGR of 7.92%, from 2017 to 2022, to reach a market size of USD 11.57 billion by 2022. The growth in the HVDC converter station market is driven by the increasing demand for cost-effective solutions for long distance power transmissions, liberalization in energy policies in Europe, and integration of renewable energy resources across the grids.
Market...