Technological Trends and Innovations in HVDC Converter Stations
The size of the HVDC Converter Station market was estimated at USD 5.9 billion in 2022. The industry is expected to increase at a compound annual growth rate (CAGR) of 4.50% between 2023 and 2032, from USD 6.1 billion in 2023 to USD 8.7 billion. In the world of electrical power transmission, HVDC (High-Voltage Direct Current) systems play a crucial role in efficiently transmitting electricity...
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