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Global Flexible AC Transmission Systems (FACTS) Market 2025 by Company, Regions, Type and Application, Forecast to 2031

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Flexible AC Transmission Systems (FACTS) by Type
    • 1.3.1 Overview: Global Flexible AC Transmission Systems (FACTS) Market Size by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Global Flexible AC Transmission Systems (FACTS) Consumption Value Market Share by Type in 2024
    • 1.3.3 Shunt Compensation
    • 1.3.4 Series Compensation
    • 1.3.5 Others
  • 1.4 Global Flexible AC Transmission Systems (FACTS) Market by Application
    • 1.4.1 Overview: Global Flexible AC Transmission Systems (FACTS) Market Size by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Metal Industry
    • 1.4.3 Utilities
    • 1.4.4 Railway
    • 1.4.5 Mining
    • 1.4.6 Other
  • 1.5 Global Flexible AC Transmission Systems (FACTS) Market Size & Forecast
  • 1.6 Global Flexible AC Transmission Systems (FACTS) Market Size and Forecast by Region
    • 1.6.1 Global Flexible AC Transmission Systems (FACTS) Market Size by Region: 2020 VS 2024 VS 2031
    • 1.6.2 Global Flexible AC Transmission Systems (FACTS) Market Size by Region, (2020-2031)
    • 1.6.3 North America Flexible AC Transmission Systems (FACTS) Market Size and Prospect (2020-2031)
    • 1.6.4 Europe Flexible AC Transmission Systems (FACTS) Market Size and Prospect (2020-2031)
    • 1.6.5 Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size and Prospect (2020-2031)
    • 1.6.6 South America Flexible AC Transmission Systems (FACTS) Market Size and Prospect (2020-2031)
    • 1.6.7 Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size and Prospect (2020-2031)

2 Company Profiles

  • 2.1 ABB
    • 2.1.1 ABB Details
    • 2.1.2 ABB Major Business
    • 2.1.3 ABB Flexible AC Transmission Systems (FACTS) Product and Solutions
    • 2.1.4 ABB Flexible AC Transmission Systems (FACTS) Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 ABB Recent Developments and Future Plans
  • 2.2 Siemens
    • 2.2.1 Siemens Details
    • 2.2.2 Siemens Major Business
    • 2.2.3 Siemens Flexible AC Transmission Systems (FACTS) Product and Solutions
    • 2.2.4 Siemens Flexible AC Transmission Systems (FACTS) Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Siemens Recent Developments and Future Plans
  • 2.3 RXPE
    • 2.3.1 RXPE Details
    • 2.3.2 RXPE Major Business
    • 2.3.3 RXPE Flexible AC Transmission Systems (FACTS) Product and Solutions
    • 2.3.4 RXPE Flexible AC Transmission Systems (FACTS) Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 RXPE Recent Developments and Future Plans
  • 2.4 Sieyuan Electric
    • 2.4.1 Sieyuan Electric Details
    • 2.4.2 Sieyuan Electric Major Business
    • 2.4.3 Sieyuan Electric Flexible AC Transmission Systems (FACTS) Product and Solutions
    • 2.4.4 Sieyuan Electric Flexible AC Transmission Systems (FACTS) Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Sieyuan Electric Recent Developments and Future Plans
  • 2.5 Mitsubishi Electric
    • 2.5.1 Mitsubishi Electric Details
    • 2.5.2 Mitsubishi Electric Major Business
    • 2.5.3 Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Product and Solutions
    • 2.5.4 Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Mitsubishi Electric Recent Developments and Future Plans
  • 2.6 GE
    • 2.6.1 GE Details
    • 2.6.2 GE Major Business
    • 2.6.3 GE Flexible AC Transmission Systems (FACTS) Product and Solutions
    • 2.6.4 GE Flexible AC Transmission Systems (FACTS) Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 GE Recent Developments and Future Plans
  • 2.7 Toshiba
    • 2.7.1 Toshiba Details
    • 2.7.2 Toshiba Major Business
    • 2.7.3 Toshiba Flexible AC Transmission Systems (FACTS) Product and Solutions
    • 2.7.4 Toshiba Flexible AC Transmission Systems (FACTS) Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Toshiba Recent Developments and Future Plans
  • 2.8 AMSC
    • 2.8.1 AMSC Details
    • 2.8.2 AMSC Major Business
    • 2.8.3 AMSC Flexible AC Transmission Systems (FACTS) Product and Solutions
    • 2.8.4 AMSC Flexible AC Transmission Systems (FACTS) Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 AMSC Recent Developments and Future Plans
  • 2.9 Hyosung
    • 2.9.1 Hyosung Details
    • 2.9.2 Hyosung Major Business
    • 2.9.3 Hyosung Flexible AC Transmission Systems (FACTS) Product and Solutions
    • 2.9.4 Hyosung Flexible AC Transmission Systems (FACTS) Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Hyosung Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global Flexible AC Transmission Systems (FACTS) Revenue and Share by Players (2020-2025)
  • 3.2 Market Share Analysis (2024)
    • 3.2.1 Market Share of Flexible AC Transmission Systems (FACTS) by Company Revenue
    • 3.2.2 Top 3 Flexible AC Transmission Systems (FACTS) Players Market Share in 2024
    • 3.2.3 Top 6 Flexible AC Transmission Systems (FACTS) Players Market Share in 2024
  • 3.3 Flexible AC Transmission Systems (FACTS) Market: Overall Company Footprint Analysis
    • 3.3.1 Flexible AC Transmission Systems (FACTS) Market: Region Footprint
    • 3.3.2 Flexible AC Transmission Systems (FACTS) Market: Company Product Type Footprint
    • 3.3.3 Flexible AC Transmission Systems (FACTS) Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global Flexible AC Transmission Systems (FACTS) Consumption Value and Market Share by Type (2020-2025)
  • 4.2 Global Flexible AC Transmission Systems (FACTS) Market Forecast by Type (2026-2031)

5 Market Size Segment by Application

  • 5.1 Global Flexible AC Transmission Systems (FACTS) Consumption Value Market Share by Application (2020-2025)
  • 5.2 Global Flexible AC Transmission Systems (FACTS) Market Forecast by Application (2026-2031)

6 North America

  • 6.1 North America Flexible AC Transmission Systems (FACTS) Consumption Value by Type (2020-2031)
  • 6.2 North America Flexible AC Transmission Systems (FACTS) Market Size by Application (2020-2031)
  • 6.3 North America Flexible AC Transmission Systems (FACTS) Market Size by Country
    • 6.3.1 North America Flexible AC Transmission Systems (FACTS) Consumption Value by Country (2020-2031)
    • 6.3.2 United States Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)
    • 6.3.3 Canada Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)
    • 6.3.4 Mexico Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)

7 Europe

  • 7.1 Europe Flexible AC Transmission Systems (FACTS) Consumption Value by Type (2020-2031)
  • 7.2 Europe Flexible AC Transmission Systems (FACTS) Consumption Value by Application (2020-2031)
  • 7.3 Europe Flexible AC Transmission Systems (FACTS) Market Size by Country
    • 7.3.1 Europe Flexible AC Transmission Systems (FACTS) Consumption Value by Country (2020-2031)
    • 7.3.2 Germany Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)
    • 7.3.3 France Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)
    • 7.3.4 United Kingdom Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)
    • 7.3.5 Russia Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)
    • 7.3.6 Italy Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)

8 Asia-Pacific

  • 8.1 Asia-Pacific Flexible AC Transmission Systems (FACTS) Consumption Value by Type (2020-2031)
  • 8.2 Asia-Pacific Flexible AC Transmission Systems (FACTS) Consumption Value by Application (2020-2031)
  • 8.3 Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size by Region
    • 8.3.1 Asia-Pacific Flexible AC Transmission Systems (FACTS) Consumption Value by Region (2020-2031)
    • 8.3.2 China Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)
    • 8.3.3 Japan Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)
    • 8.3.4 South Korea Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)
    • 8.3.5 India Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)
    • 8.3.6 Southeast Asia Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)
    • 8.3.7 Australia Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)

9 South America

  • 9.1 South America Flexible AC Transmission Systems (FACTS) Consumption Value by Type (2020-2031)
  • 9.2 South America Flexible AC Transmission Systems (FACTS) Consumption Value by Application (2020-2031)
  • 9.3 South America Flexible AC Transmission Systems (FACTS) Market Size by Country
    • 9.3.1 South America Flexible AC Transmission Systems (FACTS) Consumption Value by Country (2020-2031)
    • 9.3.2 Brazil Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)
    • 9.3.3 Argentina Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)

10 Middle East & Africa

  • 10.1 Middle East & Africa Flexible AC Transmission Systems (FACTS) Consumption Value by Type (2020-2031)
  • 10.2 Middle East & Africa Flexible AC Transmission Systems (FACTS) Consumption Value by Application (2020-2031)
  • 10.3 Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Country
    • 10.3.1 Middle East & Africa Flexible AC Transmission Systems (FACTS) Consumption Value by Country (2020-2031)
    • 10.3.2 Turkey Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)
    • 10.3.3 Saudi Arabia Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)
    • 10.3.4 UAE Flexible AC Transmission Systems (FACTS) Market Size and Forecast (2020-2031)

11 Market Dynamics

  • 11.1 Flexible AC Transmission Systems (FACTS) Market Drivers
  • 11.2 Flexible AC Transmission Systems (FACTS) Market Restraints
  • 11.3 Flexible AC Transmission Systems (FACTS) Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 Flexible AC Transmission Systems (FACTS) Industry Chain
  • 12.2 Flexible AC Transmission Systems (FACTS) Upstream Analysis
  • 12.3 Flexible AC Transmission Systems (FACTS) Midstream Analysis
  • 12.4 Flexible AC Transmission Systems (FACTS) Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Flexible AC Transmission Systems (FACTS) market size was valued at US$ 1615 million in 2024 and is forecast to a readjusted size of USD 2189 million by 2031 with a CAGR of 4.5% during review period.
    A flexible alternating current transmission system (FACTS) is a system composed of static equipment used for the AC transmission of electrical energy. It is meant to enhance controllability and increase power transfer capability of the network. It is generally a power electronics-based system.
    FACTS is defined by the IEEE as "a power electronic based system and other static equipment that provide control of one or more AC transmission system parameters to enhance controllability and increase power transfer capability."
    According to Siemens "FACTS Increase the reliability of AC grids and reduce power delivery costs. They improve transmission quality and efficiency of power transmission by supplying inductive or reactive power to the grid.
    The leading manufactures mainly are ABB, Siemens, RXPE, Sieyuan Electric, Mitsubishi Electric, GE, Toshiba, AMSC and Hyosung. ABB is the largest manufacturer; its revenue of global market exceeds 31%.
    This report is a detailed and comprehensive analysis for global Flexible AC Transmission Systems (FACTS) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
    Key Features:
    Global Flexible AC Transmission Systems (FACTS) market size and forecasts, in consumption value ($ Million), 2020-2031
    Global Flexible AC Transmission Systems (FACTS) market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
    Global Flexible AC Transmission Systems (FACTS) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
    Global Flexible AC Transmission Systems (FACTS) market shares of main players, in revenue ($ Million), 2020-2025
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Flexible AC Transmission Systems (FACTS)
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Flexible AC Transmission Systems (FACTS) market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, RXPE, Sieyuan Electric, Mitsubishi Electric, GE, Toshiba, AMSC, Hyosung, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market segmentation
    Flexible AC Transmission Systems (FACTS) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Shunt Compensation
    Series Compensation
    Others
    Market segment by Application
    Metal Industry
    Utilities
    Railway
    Mining
    Other
    Market segment by players, this report covers
    ABB
    Siemens
    RXPE
    Sieyuan Electric
    Mitsubishi Electric
    GE
    Toshiba
    AMSC
    Hyosung
    Market segment by regions, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
    Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
    South America (Brazil, Rest of South America)
    Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 13 chapters:
    Chapter 1, to describe Flexible AC Transmission Systems (FACTS) product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top players of Flexible AC Transmission Systems (FACTS), with revenue, gross margin, and global market share of Flexible AC Transmission Systems (FACTS) from 2020 to 2025.
    Chapter 3, the Flexible AC Transmission Systems (FACTS) competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
    Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
    Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Flexible AC Transmission Systems (FACTS) market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
    Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
    Chapter 12, the key raw materials and key suppliers, and industry chain of Flexible AC Transmission Systems (FACTS).
    Chapter 13, to describe Flexible AC Transmission Systems (FACTS) research findings and conclusion.

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