Tag: market forecast

HVDC converter station market to be worth $11.57B by 2022

A new market report titled “HVDC Converter Station Market by Configuration (Monopolar, Bi-Polar, Back-to-Back, Multi-Terminal), Technology (LCC, VSC), Component (Valve, Converter Transformer, Harmonic Filter, Reactor), Power Rating, and Region - Global Forecast to 2022" projects that the market will grow at a CAGR of 7.92%, from 2017 to 2022.