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HVDC Power Supply Market Size to Reach $3.56 Billion by 2022: Grand View Research, Inc.SAN FRANCISCO, July 26, 2016 /PRNewswire/ -- The global HVDC power supply market is expected to reach USD 3.56 billion by 2022, according to a new report by Grand View Research, Inc. These devices integrate easily with renewable or alternative energy sources such as photovoltaics, fuel cells, and wind power, and provide considerable avenues for industry growth. The emergence of the hybrid HVDC circuit technology that utilizes Voltage Source Converters (VSC), and is compact in design when compared to traditional design is anticipated to fuel product demand over the next seven years. Further, the HVDC supply industry has also witnessed the development of high power Insulated Gate Bipolar Transistors (IGBT) that has reduced the HVDC system size resulting in substantial economic benefits. (Logo: http://photos.prnewswire.com/prnh/20150105/723757 ) HVDC supply enhance the reliability of an electrical system and is the only possible solution available in the market today; which can be utilized in renewable energy sources. The ability of these products to efficiently transmit bulk power over long distance has significantly contributed to the development of direct-drive wind turbine, which supports the sustainable development of the current energy infrastructure. Browse full research report with TOC on "High Voltage Direct Current (HVDC) Power Supply Market Analysis By Voltage (1,000 V, 1,000-4000 V, >4,000 V), By Application (Telecommunication, Medical, Industrial, Oil & Gas) And Segment Forecast To 2022" at: http://www.grandviewresearch.com/industry-analysis/high-voltage-direct-current-hvdc-power-supply-market.. Further key findings from the report suggest:
Request for free sample of this research report: http://www.grandviewresearch.com/industry-analysis/high-voltage-direct-current-hvdc-power-supply-market/request Grand View Research has segmented the global high voltage direct current power supply market on the basis of application, voltage, and region:
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About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Read Our Blogs - legalworkshop.org, grandviewresearch.com/blogs/semiconductors-and-electronics Contact:
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