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HVDC Transmission Market – Global Opportunities and Forecast, 2020-2027 - Gurgaon
Saturday, 17 October, 2020
Item details
City:
Gurgaon, Haryana
Offer type:
Offer
Item description
The primary factors responsible for the growth of the HVDC transmission market include the rising demand for optimal solutions for long-distance power transmission, increasing emphasis on renewable energy, emerging demand for VSC technology, and the growing number of favorable government policies and initiatives for HVDC transmission. The increasing electricity consumption due to the drastic rise in the population rate is further fuelling the growth of the HVDC transmission market size.
The rising usage of electric powered devices is fuelling the demand for electricity, which boosts the growth of the market. According to the HVDC transmission market report, the increasing requirement for cable-based transmission instead of overhead lines transmission is also propelling the growth of the global HVDC transmission market. HVDC transmission decreases power losses during transmission and is less expensive in comparison to the other transmission processes. On the other hand, the rising number of incidences of power fault during a short circuit in the AC system is hampering the growth of the market.
Visit: httpswww.gmiresearch.com/report/hvdc-transmission-market/
The rising usage of electric powered devices is fuelling the demand for electricity, which boosts the growth of the market. According to the HVDC transmission market report, the increasing requirement for cable-based transmission instead of overhead lines transmission is also propelling the growth of the global HVDC transmission market. HVDC transmission decreases power losses during transmission and is less expensive in comparison to the other transmission processes. On the other hand, the rising number of incidences of power fault during a short circuit in the AC system is hampering the growth of the market.
Visit: httpswww.gmiresearch.com/report/hvdc-transmission-market/
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