HVDC Converter Station Market Size, Share, Growth & Forecast 2033
The global HVDC converter station market size was valued at USD 12.6 billion in 2024 and is projected to reach from USD 13.57 billion in 2025 to USD 22.54 billion by 2033, growing at a CAGR of 6.4% during the forecast period (2025-2033). The key driver of the global HVDC converter station market is the growing need for efficient long-distance power transmission, which is being fueled by grid connectivity and renewable energy integration projects