Summary

The global Medium Voltage Direct Current market was valued at US$ 13.30 million in 2023 and is anticipated to reach US$ 142.92 million by 2030, witnessing a CAGR of 44.07%during the forecast period 2024-2030.
North American market for Medium Voltage Direct Current is estimated to increase from $ 2.95 million in 2023 to reach $ 31.92 million by 2030, at a CAGR of 44.34% during the forecast period of 2024 through 2030.
Europe market for Medium Voltage Direct Current is estimated to increase from $ 4.35 million in 2023 to reach $ 45.68 million by 2030, at a CAGR of 43.78% during the forecast period of 2024 through 2030.
Asia-Pacific market for Medium Voltage Direct Current is estimated to increase from $ 4.50 million in 2023 to reach $ 50.76 million by 2030, at a CAGR of 44.87% during the forecast period of 2024 through 2030.

The major global companies of Medium Voltage Direct Current include Siemens Energy, RXHK and China Shipbuilding Industry Corporation, etc. In 2023, the world's top three vendors accounted for approximately 90 % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Medium Voltage Direct Current, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medium Voltage Direct Current.

The Medium Voltage Direct Current market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Medium Voltage Direct Current market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Medium Voltage Direct Current companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation
By Company
Siemens Energy
RXHK
SuperGrid Institute
China Shipbuilding Industry Corporation
Zhongke Zhihuan (Beijing) Technology
XJ ELECTRIC

Segment by Type
MVDC Technical Solution
MVDC Equipment

Segment by Application
MVDC Distribution
Offshore Wind Power
Marine Vessels
Transportation

By Region
North America
United States
Canada

Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Rest of Asia

Europe
Germany
France
UK
Denmark
Rest of Europe

Latin America

Middle East & Africa

Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Medium Voltage Direct Current company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 10: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 11: The main points and conclusions of the report.

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Table of Contents

1 Report Overview 1
1.1 Study Scope 1
1.2 Market Analysis by Type 2
1.2.1 Global Medium Voltage Direct Current Market Size Growth Rate by Type: 2019 VS 2023 VS 2030 2
1.2.2 MVDC Technical Solution 4
1.2.3 MVDC Equipment 4
1.3 Market by Application 5
1.3.1 Global Medium Voltage Direct Current Market Growth by Application: 2019 VS 2023 VS 2030 6
1.3.2 MVDC Distribution 7
1.3.3 Offshore Wind Power 8
1.3.4 Marine Vessels 9
1.3.5 Transportation 10
1.4 Assumptions and Limitations 11
1.5 Study Objectives 12
1.6 Years Considered 13
2 Global Growth Trends 14
2.1 Global Medium Voltage Direct Current Market Perspective (2019-2030) 14
2.2 Global Medium Voltage Direct Current Growth Trends by Region 15
2.2.1 Global Medium Voltage Direct Current Market Size by Region: 2023 VS 2030 16
2.2.2 Medium Voltage Direct Current Market Size by Region (2023-2030) 16
2.3 Medium Voltage Direct Current Market Dynamics 17
2.3.1 Medium Voltage Direct Current Industry Trends 17
2.3.2 Medium Voltage Direct Current Market Drivers 19
2.3.3 Medium Voltage Direct Current Market Challenges 20
2.3.4 Medium Voltage Direct Current Market Restraints 21
3 Competition Landscape by Key Players 22
3.1 Global Top Medium Voltage Direct Current Players by Revenue 22
3.1.1 Global Top Medium Voltage Direct Current Players by Revenue (2019-2024) 22
3.1.2 Global Medium Voltage Direct Current Revenue Market Share by Players (2019-2024) 23
3.2 Global Medium Voltage Direct Current Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 23
3.3 Global Key Players Ranking by Medium Voltage Direct Current Revenue 25
3.4 Global Key Players of Medium Voltage Direct Current Head office and Area Served 25
3.5 Global Key Players of Medium Voltage Direct Current, Product and Application 26
3.6 Global Key Players of Medium Voltage Direct Current, Founding Date 27
3.7 Mergers & Acquisitions, Expansion Plans 27
4 Medium Voltage Direct Current Breakdown Data by Type 29
4.1 Global Medium Voltage Direct Current Historic Market Size by Type (2019-2024) 29
4.2 Global Medium Voltage Direct Current Forecasted Market Size by Type (2025-2030) 30
5 Medium Voltage Direct Current Breakdown Data by Application 31
5.1 Global Medium Voltage Direct Current Historic Market Size by Application (2019-2024) 31
5.2 Global Medium Voltage Direct Current Forecasted Market Size by Application (2025-2030) 32
6 North America 33
6.1 North America Medium Voltage Direct Current Forecasted Market Size (2025-2030) 33
6.2 North America Medium Voltage Direct Current Forecasted Market Size by Country (2025-2030) 33
6.3 United States 34
6.4 Canada 35
7 Europe 36
7.1 Europe Medium Voltage Direct Current Forecasted Market Size (2025-2030) 36
7.2 Europe Medium Voltage Direct Current Forecasted Market Size by Country (2025-2030) 36
7.3 Germany 38
7.4 France 38
7.5 U.K. 39
7.6 Denmark 40
8 Asia-Pacific 41
8.1 Asia-Pacific Medium Voltage Direct Current Forecasted Market Size (2025-2030) 41
8.2 Asia-Pacific Medium Voltage Direct Current Forecasted Market Size by Region (2025-2030) 41
8.3 China 43
8.4 Japan 43
8.5 South Korea 44
8.6 Southeast Asia 45
8.7 India 45
9 Latin America & Middle East & Africa 47
9.1 Latin America & Middle East & Africa Medium Voltage Direct Current Forecasted Market Size (2025-2030) 47
9.2 Latin America & Middle East & Africa Medium Voltage Direct Current Forecasted Market Size by Country (2025-2030) 47
9.3 Latin America 48
10 Key Players Profiles 49
10.1 Siemens Energy 49
10.1.1 Siemens Energy Company Details 49
10.1.2 Siemens Energy Business Overview 49
10.1.3 Siemens Energy Medium Voltage Direct Current Introduction 50
10.1.4 Siemens Energy Revenue in Medium Voltage Direct Current Business (2019-2024) 53
10.1.5 Siemens Energy Recent Development 54
10.2 RXHK 54
10.2.1 RXHK Company Details 55
10.2.2 RXHK Business Overview 55
10.2.3 RXHK Medium Voltage Direct Current Introduction 56
10.2.4 RXHK Revenue in Medium Voltage Direct Current Business (2019-2024) 56
10.3 SuperGrid Institute 57
10.3.1 SuperGrid Institute Company Details 57
10.3.2 SuperGrid Institute Business Overview 57
10.3.3 SuperGrid Institute Medium Voltage Direct Current Introduction 58
10.3.4 SuperGrid Institute Revenue in Medium Voltage Direct Current Business (2019-2024) 65
10.4 China Shipbuilding Industry Corporation 65
10.4.1 China Shipbuilding Industry Corporation Company Details 65
10.4.2 China Shipbuilding Industry Corporation Business Overview 65
10.4.3 China Shipbuilding Industry Corporation Medium Voltage Direct Current Introduction 66
10.4.4 China Shipbuilding Industry Corporation Revenue in Medium Voltage Direct Current Business (2019-2024) 67
10.5 Zhongke Zhihuan (Beijing) Technology 67
10.5.1 Zhongke Zhihuan (Beijing) Technology Company Details 67
10.5.2 Zhongke Zhihuan (Beijing) Technology Business Overview 67
10.5.3 Zhongke Zhihuan (Beijing) Technology Medium Voltage Direct Current Introduction 68
10.5.4 Zhongke Zhihuan (Beijing) Technology Revenue in Medium Voltage Direct Current Business (2019-2024) 69
10.5.5 Zhongke Zhihuan (Beijing) Technology Recent Development 70
10.6 XJ ELECTRIC 71
10.6.1 XJ ELECTRIC Company Details 71
10.6.2 XJ ELECTRIC Business Overview 71
10.6.3 XJ ELECTRIC Medium Voltage Direct Current Introduction 72
10.6.4 XJ ELECTRIC Revenue in Medium Voltage Direct Current Business (2019-2024) 74
11 Analyst's Viewpoints/Conclusions 75
12 Appendix 77
12.1 Research Methodology 77
12.1.1 Methodology/Research Approach 77
12.1.2 Data Source 80
12.2 Author Details 83
12.3 Disclaimer 83