Electric

$4.88 Billion HVDC Power Supply Market by 2022: Report

GrandView Research Inc. has published a new report stating that the HDVC power supply market is set to reach 4.88 billion US dollars by 2022. These systems are particularly useful as they integrate well with other energy sources such as wind, photovoltaic, and fuel cells, and are well placed in the market to experience industry growth. The development of new HDVC technology is much more compact than previous versions, and is expected to garner high demand over the next seven years.

Additionally the development of Gate Bipolar Transistors has assisted her HDVC technology in reducing in size, resulting in widespread economic benefits. The report touches on some key findings surrounding the market share in 2014 being exceeded in certain areas by the Telecommunications industry as well as the Asia Pacific region’s HDVC market.

Grand View Research, Inc. is a US based market research and consulting company, headquartered in San Francisco. The company provides consulting services as well as a variety of reporting services. To read further, visit this page.

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