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Global HVDC Converter Market Insights <br><br>Global HVDC Converter Market size was valued at USD 867.42 billion in 2021 and is poised to grow from USD 1000 billion in 2022 to USD 17000 billion by 2030, growing at a CAGR of 15.5% in the forecast period (2023-2030). <br><br>HVDC Converter is a technology used to transmit large amounts of electrical power over long distances. HVDC stands for High Voltage Direct Current, which means that the electrical power is transmitted in the form of direct current rather than alternating current (AC), which is commonly used for power transmission over shorter distances.
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