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HVDC Converter Station Market Size to Surpass USD 20.22 Billion by 2033 | Research by SNS Insider [Yahoo! Finance]
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US:NYSE Investor Relations: ge.com/investor-relations/overview
Driven by modernization of transmission infrastructure, rising renewable energy integration, expansion of cross-border power projects, and adoption of advanced HVDC technologies that enhance grid reliability, stability, and overall efficiency. Austin, Jan. 12, 2026 (GLOBE NEWSWIRE) -- HVDC Converter Station Market Size & Growth Insights: According to the SNS Insider, “The HVDC Converter Station Market Size is estimated at USD 13.08 Billion in 2025 and is projected to reach USD 20.22 Billion by 2033, growing at a CAGR of 5.63% during 2026–2033.” Increasing Renewable Energy Integration and Long-distance Power Transmission to Augment Market Growth Globally The demand for long-distance power transmission and the growing integration of renewable energy sources are the main factors propelling the growth of the HVDC Converter Station market. To effectively move electricity from renewable sources, such as wind, solar, and hydro to urban and industrial areas, governments and utilities
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