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CIGRE ATLAS OF HVDC SYSTEMS WITH ITALIAN TSO EXPERIENCE· PDF fileConverter Stations account for about 12 Billion $ per year ( 5% of total network investments) other are related to HVDC OHL and sea cables CAGR from 2014 to 2019 20% New Market analysis (1) gives grow of HVDC Converter at a CAGR of 24,1% 2016-2020 Market share 2015 : EMEA (Europe, MiddleEast,Africa ) 36,12%, APAC (Asia Pacific) 32,65%,

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