| Product Code: ETC6744961 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, China continued to be a key player in importing high voltage direct current power supplies, with Japan, USA, Taiwan, and Thailand also contributing significantly. Despite a low Herfindahl-Hirschman Index (HHI) indicating low market concentration, the sector experienced a notable decline with a negative Compound Annual Growth Rate (CAGR) of -8.59% from 2020 to 2024. The growth rate further decelerated in 2024, showing a decrease of -21.61% compared to the previous year. This suggests a challenging environment for suppliers in this market segment.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China High Voltage Direct Current Power Supply Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China High Voltage Direct Current Power Supply Market Revenues & Volume, 2021 & 2031F |
3.3 China High Voltage Direct Current Power Supply Market - Industry Life Cycle |
3.4 China High Voltage Direct Current Power Supply Market - Porter's Five Forces |
3.5 China High Voltage Direct Current Power Supply Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.6 China High Voltage Direct Current Power Supply Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 China High Voltage Direct Current Power Supply Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient and reliable power transmission solutions in China |
4.2.2 Government initiatives promoting the adoption of renewable energy sources |
4.2.3 Growing investments in infrastructure development in the country |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up high voltage direct current power supply systems |
4.3.2 Technical challenges and complexity in integrating HVDC systems with existing infrastructure |
4.3.3 Regulatory hurdles and policy uncertainties impacting market growth |
5 China High Voltage Direct Current Power Supply Market Trends |
6 China High Voltage Direct Current Power Supply Market, By Types |
6.1 China High Voltage Direct Current Power Supply Market, By Voltage |
6.1.1 Overview and Analysis |
6.1.2 China High Voltage Direct Current Power Supply Market Revenues & Volume, By Voltage, 2021- 2031F |
6.1.3 China High Voltage Direct Current Power Supply Market Revenues & Volume, By 1,000-4000V, 2021- 2031F |
6.1.4 China High Voltage Direct Current Power Supply Market Revenues & Volume, By >4,000V, 2021- 2031F |
6.2 China High Voltage Direct Current Power Supply Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 China High Voltage Direct Current Power Supply Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.2.3 China High Voltage Direct Current Power Supply Market Revenues & Volume, By Industrial, 2021- 2031F |
7 China High Voltage Direct Current Power Supply Market Import-Export Trade Statistics |
7.1 China High Voltage Direct Current Power Supply Market Export to Major Countries |
7.2 China High Voltage Direct Current Power Supply Market Imports from Major Countries |
8 China High Voltage Direct Current Power Supply Market Key Performance Indicators |
8.1 Average capacity utilization rate of HVDC systems in China |
8.2 Percentage growth in the number of HVDC projects commissioned annually |
8.3 Adoption rate of HVDC technology in new power transmission projects |
8.4 Average efficiency improvement achieved by HVDC systems over time |
8.5 Number of partnerships and collaborations formed in the HVDC market for technology advancements |
9 China High Voltage Direct Current Power Supply Market - Opportunity Assessment |
9.1 China High Voltage Direct Current Power Supply Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.2 China High Voltage Direct Current Power Supply Market Opportunity Assessment, By Application, 2021 & 2031F |
10 China High Voltage Direct Current Power Supply Market - Competitive Landscape |
10.1 China High Voltage Direct Current Power Supply Market Revenue Share, By Companies, 2024 |
10.2 China High Voltage Direct Current Power Supply Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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