Australia High Voltage Direct Current Transmission System Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Australia High Voltage Direct Current (HVDC) Transmission System Market is segmented by Transmission Type (Submarine HVDC Transmission System, HVDC Overhead Transmission System, and HVDC Underground Transmission System), and Component (Converter Stations, and Transmission Medium (Cables)). The report offers the market size and forecasts in revenue (USD million) for all the above segments.

Australia High Voltage Direct Current Transmission System Market Size

Australia HVDC Transmission Systems Market Summary

Australia High Voltage Direct Current Transmission System Market Analysis

The Australia High Voltage Direct Current Transmission Systems Market is expected to register a CAGR of greater than 6.99% during the forecast period.

The market was negatively impacted by COVID-19 in 2020. Currently. The market has reached pre-pandemic levels.

  • Over the long term, increasing deployment of offshore wind farms, low cost for long-distance transmission, controllability, and low short circuit current are some significant factors driving the Australian HVDC transmission system market over the forecast period.
  • On the other hand, high installation costs and high losses for smaller transmission distances are likely to hinder the market growth.
  • Nevertheless, the growth of offshore wind power technology and the offshore oil and gas sector is likely to create immense opportunities for the market studied.

Australia High Voltage Direct Current Transmission System Industry Overview

The market for high voltage direct current (HVDC) transmission systems in Australia is consolidated. Some of the majors in the market include (in no particular order) ABB Ltd., Siemens AG, Toshiba Corporation, General Electric Company, and Mitsubishi Electric Corporation.

Australia High Voltage Direct Current Transmission System Market Leaders

  1. ABB Ltd.

  2. Siemens AG

  3. General Electric Company

  4. Toshiba Corporation

  5. Mitsubishi Electric Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Australia HVDC Transmission Systems Market Concentration
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Australia High Voltage Direct Current Transmission System Market News

  • In October 2022, the government of Australia introduced a plan to use subsea high voltage direct current (HVDC) transmission lines to send solar energy from Australia to consumers in Singapore. The total length of the transmission lines is about 2,600 miles. Further, the government is expected to invest more than USD 18 billion in the project.
  • As of September 2021, the Bulli Creek HVDC Line is currently in the planning stage and is expected to be commissioned in 2024. The project is a 400kV overhead line of 1,420 km from Davenport, South Australia, Australia, to Bulli Creek, Queensland, Australia.

Australia High Voltage Direct Current Transmission System Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast, in USD million, till 2027
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE ANALYSIS

5. MARKET SEGMENTATION

  • 5.1 Transmission Type
    • 5.1.1 Submarine HVDC Transmission System
    • 5.1.2 HVDC Overhead Transmission System
    • 5.1.3 HVDC Underground Transmission System
  • 5.2 Component
    • 5.2.1 Converter Stations
    • 5.2.2 Transmission Medium (Cables)

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles
    • 6.4.1 ABB Ltd
    • 6.4.2 General Electric Company
    • 6.4.3 Siemens AG
    • 6.4.4 Mitsubishi Electric Corporation
    • 6.4.5 Schneider Electric SE
    • 6.4.6 LS Industrial Systems Co. Ltd
    • 6.4.7 Cisco Systems Inc.
    • 6.4.8 NKT A/S
    • 6.4.9 Prysmian SpA
    • 6.4.10 Toshiba Corporation
    • 6.4.11 Doble Engineering Co.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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Australia High Voltage Direct Current Transmission System Industry Segmentation

The HVDC system in the report refers to an electric power transmission system that uses direct current for the bulk transmission of electrical power over a long distance. The market is segmented by transmission type and component. By transmission type, the market is segmented into the submarine HVDC transmission system, HVDC overhead transmission system, and HVDC underground transmission system. By component, the market is segmented into converter stations and transmission mediums (cables). For each segment, the market sizing and forecasts have been done based on revenue (USD million).

Transmission Type Submarine HVDC Transmission System
HVDC Overhead Transmission System
HVDC Underground Transmission System
Component Converter Stations
Transmission Medium (Cables)
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Australia High Voltage Direct Current Transmission System Market Research FAQs

What is the current Australia High Voltage Direct Current (HVDC) Transmission Systems Market size?

The Australia High Voltage Direct Current (HVDC) Transmission Systems Market is projected to register a CAGR of greater than 6.99% during the forecast period (2025-2030)

Who are the key players in Australia High Voltage Direct Current (HVDC) Transmission Systems Market?

ABB Ltd., Siemens AG, General Electric Company, Toshiba Corporation and Mitsubishi Electric Corporation are the major companies operating in the Australia High Voltage Direct Current (HVDC) Transmission Systems Market.

What years does this Australia High Voltage Direct Current (HVDC) Transmission Systems Market cover?

The report covers the Australia High Voltage Direct Current (HVDC) Transmission Systems Market historical market size for years: 2021, 2022, 2023 and 2024. The report also forecasts the Australia High Voltage Direct Current (HVDC) Transmission Systems Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Australia HVDC Transmission System Industry Report

Statistics for the 2025 Australia High Voltage Direct Current (HVDC) Transmission Systems market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. Australia High Voltage Direct Current (HVDC) Transmission Systems analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Australia High Voltage Direct Current Transmission System Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)