Marketing Strategy for North America High Voltage Direct Current (HVDC)

HVDC technology enables efficient transmission of electricity over long distances with minimal energy losses, making it ideal for interconnecting regional grids and supporting renewable energy sources like wind and solar. North America's HVDC market is poised for rapid growth as energy providers invest in upgrading their power infrastructure to meet the growing demand for reliable and sustainable energy. Market reports project a compound annual growth rate (CAGR) of over 6.8% from 2023 to 2030, with significant investments expected in transmission projects across the United States and Canada.