The USA HVDC transmission systems market size is to grow significantly up to USD 12,940.0 million by 2025 and further increased up to USD 24,290.2 million by 2035 at the CAGR rate of 6.5%. The primary growth factors would be the rapid adoption of renewable sources of energy, initiatives in the modernization of the grid, and increasing requirement for long-distance power transfers.
HVDC delivers power over long-distance distances with hardly any loss at the transmission system. The application includes renewable generation resources, with one of them being offshore-based wind farms for input into a national grid system. Policy-implied incentives are investments in upgrades in infrastructure plus improvement in the technologies of the semiconductor and the converters.
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| Attribute | Description |
|---|---|
| Historical Size, 2024 | USD 12,150.2 million |
| Estimated Size, 2025 | USD 12,940.0 million |
| Projected Size, 2035 | USD 24,290.2 million |
| CAGR% (2025 to 2035) | 6.5% |
USA market has seen a growth during the historic period from 2020 to 2024 at a growth rate of 13.8%, mainly propelled by the necessity for renewable energy integration and cross-border interconnection. Additionally, the advancement will be nurtured by key federal funding for 2024, like heavy investments in offshore wind projects as well as smart grid technologies.
Rapidly increasing the Demand for Renewable Energy Integration
USA has increasingly exploited the use of HVDC transmission systems for integrating wind and solar energy (renewable sources) into the grid. These kind of systems facilitates efficient power transfer from remote renewable energy sources to urban demand centres with minimized losses.
Federal and State Policy Support
Infrastructure Investment and Jobs Act (IIJA) policy, state mandates on clean energy, and all those investments dedicated for the renovation of transmission infrastructures with promises to improve resilience in the network as well as for integration and increase of more renewables also are some drives of HVDC. For instance, California seeks 100 percent of renewable energies by 2045, necessitating an amount of HVDC in that place.
Offshore wind project increased investment
USA offshore wind is burgeoning fast, and new projects in both the Atlantic and Pacific Oceans are proposed. HVDC systems link up these offshore installations to the power grid with efficient transmission. The Vineyard Wind and Ocean Wind Projects represent some of the most significant undertakings to date.
Technological Advancements in HVDC Systems
The developers of the converter station, cable technologies, and semiconductor technology are improved further. The efficiency and reliability of the HVDC systems are therefore made much greater. Voltage Source Converters become more popular for its flexibility and compact design with a capability of intermittent renewable energy sources.
Cross-Border Interconnections and Decarbonization Goals
HVDC systems will allow for cross-border electricity trade, improved grid stability, and enable the USA to share its renewable energy with its neighbors. These interconnections will play a key role in the de-carbonizing and de-fossil fuelizing process.
LCCs represent the majority due to their price and high capacity for power handling; however, integration of renewable energy source applications and low voltage grid stability are becoming common with VSCs.
| Segment | Value Share (2025) |
|---|---|
| Line Commutated Converters (LCC) | 60% |
| Voltage Source Converters (VSC) | 40% |
The fastest increasing application of HVDC systems is indeed the integration of renewable energy applications, which is due to the rapidly increasing offshore wind projects. High power transmission bulk remains an essential application, in particular for long interconnections and isolated power sources.
| Segment | CAGR (2025 to 2035) |
|---|---|
| Renewable Energy Integration | 18.2% |
| Bulk Power Transmission | 14.8% |
Major players in USA HVDC are ABB Ltd., Siemens Energy, Hitachi Energy, and General Electric, together taking up more than 45% of the market share. They provide solutions from a complete turnkey HVDC project to advanced converter technologies.
Regional specialists are more affordable means of localized project development, from American Superconductor to Prysmian Group. Emerging innovators, from Nexans and LS Cable & System, typically emphasize advanced cable technologies and materials that improve system reliability and efficiency.
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The market in the united states will be growing at a CAGR of 6.5% during the period of 2025 to 2035.
The USA market was worth at the USD 12,940.0 million in 2025.
The united states market will at worth at USD 24,290.2 million by 2035 by CAGR rate of the 6.5%.
The Line Commutated Converters are currently holding the market, but VSC (Voltage Source Converters) will gain significant traction due to the vast advantages of VSC in renewable energy integration.
ABB Ltd, Siemens Energy, Hitachi Energy, and General Electric are the major market players.
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USA HVDC Transmission Systems Market
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