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.
According to our (Global Info Research) latest study, the global Flexible Alternating Current Transmission Systems (FACTS) market size was valued at US$ 1450 million in 2023 and is forecast to a readjusted size of USD 2056 million by 2030 with a CAGR of 5.2% during review period.
The high-end products mainly come from USA, Japan and Europe.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% in 2019. Geographically, the global Flexible AC Transmission Systems (FACTS) market has been segmented into North America, Europe, Asia-Pacific, South America and Middle East and Africa. The Europe held the largest share in the global market, its revenue of global market exceeds 33.71% in 2019. The next is Asia-Pacific.
This report is a detailed and comprehensive analysis for global Flexible Alternating Current Transmission Systems (FACTS) market. Both quantitative and qualitative analyses are presented by manufacturers, 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 2024, are provided.
Key Features:
Global Flexible Alternating Current Transmission Systems (FACTS) market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Flexible Alternating Current Transmission Systems (FACTS) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Flexible Alternating Current Transmission Systems (FACTS) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Flexible Alternating Current Transmission Systems (FACTS) market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024
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 Alternating Current 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 Alternating Current Transmission Systems (FACTS) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, Mitsubishi Electric, RXPE, GE, Toshiba, Sieyuan Electric, Hyosung, AMSC, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Flexible Alternating Current Transmission Systems (FACTS) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Shunt Compensation
Series Compensation
Market segment by Application
Metal Industry
Utilities
Railway
Mining
Major players covered
ABB
Siemens
Mitsubishi Electric
RXPE
GE
Toshiba
Sieyuan Electric
Hyosung
AMSC
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Flexible Alternating Current Transmission Systems (FACTS) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Flexible Alternating Current Transmission Systems (FACTS), with price, sales quantity, revenue, and global market share of Flexible Alternating Current Transmission Systems (FACTS) from 2019 to 2024.
Chapter 3, the Flexible Alternating Current Transmission Systems (FACTS) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Flexible Alternating Current Transmission Systems (FACTS) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Flexible Alternating Current Transmission Systems (FACTS) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Flexible Alternating Current Transmission Systems (FACTS).
Chapter 14 and 15, to describe Flexible Alternating Current Transmission Systems (FACTS) sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Flexible Alternating Current Transmission Systems (FACTS). Industry analysis & Market Report on Flexible Alternating Current Transmission Systems (FACTS) is a syndicated market report, published as Global Flexible Alternating Current Transmission Systems (FACTS) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Flexible Alternating Current Transmission Systems (FACTS) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.