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FACTS (Flexible AC Transmission System)-Global Market Insights and Sales Trends 2024
Synopsis
Flexible AC Current Transmission System (FACTS) is a power electronic-based system, composed of static equipment used for the AC transmission of electrical energy. FACTS offers collective controllability and the power transfer ability of the network, as well as results in reduced power supply costs.
The global FACTS (Flexible AC Transmission System) market size is expected to reach US$ 2135.6 million by 2029, growing at a CAGR of 5.8% from 2023 to 2029. The market is mainly driven by the significant applications of FACTS (Flexible AC Transmission System) in various end use industries. The expanding demands from the Electric Utilities, Renewables, Railways and Oil & Gas, are propelling FACTS (Flexible AC Transmission System) market. Shunt Connected, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Shunt segment is estimated at % CAGR for the next seven-year period.
The shunt compensation is expected to hold the major market share among all compensation type.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for FACTS (Flexible AC Transmission System), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global FACTS (Flexible AC Transmission System) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global FACTS (Flexible AC Transmission System) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, FACTS (Flexible AC Transmission System) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of FACTS (Flexible AC Transmission System) covered in this report include ABB, Siemens, Mitsubishi Electric, General Electric, Eaton, Alstom, American Electric Power, Hyosung and NR Electric, etc.
The global FACTS (Flexible AC Transmission System) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Siemens
Mitsubishi Electric
General Electric
Eaton
Alstom
American Electric Power
Hyosung
NR Electric
Adani Power
Toshiba
Superconductor
Global FACTS (Flexible AC Transmission System) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global FACTS (Flexible AC Transmission System) market, Segment by Type:
Shunt Connected
Shunt
Series and Combined Series
Global FACTS (Flexible AC Transmission System) market, by Application
Electric Utilities
Renewables
Railways
Oil & Gas
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of FACTS (Flexible AC Transmission System) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of FACTS (Flexible AC Transmission System) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Flexible AC Current Transmission System (FACTS) is a power electronic-based system, composed of static equipment used for the AC transmission of electrical energy. FACTS offers collective controllability and the power transfer ability of the network, as well as results in reduced power supply costs.
The global FACTS (Flexible AC Transmission System) market size is expected to reach US$ 2135.6 million by 2029, growing at a CAGR of 5.8% from 2023 to 2029. The market is mainly driven by the significant applications of FACTS (Flexible AC Transmission System) in various end use industries. The expanding demands from the Electric Utilities, Renewables, Railways and Oil & Gas, are propelling FACTS (Flexible AC Transmission System) market. Shunt Connected, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Shunt segment is estimated at % CAGR for the next seven-year period.
The shunt compensation is expected to hold the major market share among all compensation type.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for FACTS (Flexible AC Transmission System), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global FACTS (Flexible AC Transmission System) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global FACTS (Flexible AC Transmission System) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, FACTS (Flexible AC Transmission System) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of FACTS (Flexible AC Transmission System) covered in this report include ABB, Siemens, Mitsubishi Electric, General Electric, Eaton, Alstom, American Electric Power, Hyosung and NR Electric, etc.
The global FACTS (Flexible AC Transmission System) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Siemens
Mitsubishi Electric
General Electric
Eaton
Alstom
American Electric Power
Hyosung
NR Electric
Adani Power
Toshiba
Superconductor
Global FACTS (Flexible AC Transmission System) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global FACTS (Flexible AC Transmission System) market, Segment by Type:
Shunt Connected
Shunt
Series and Combined Series
Global FACTS (Flexible AC Transmission System) market, by Application
Electric Utilities
Renewables
Railways
Oil & Gas
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of FACTS (Flexible AC Transmission System) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of FACTS (Flexible AC Transmission System) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 FACTS (Flexible AC Transmission System) Market Overview
1.1 FACTS (Flexible AC Transmission System) Product Overview
1.2 FACTS (Flexible AC Transmission System) Market Segment by Type
1.2.1 Shunt Connected
1.2.2 Shunt
1.2.3 Series and Combined Series
1.3 Global FACTS (Flexible AC Transmission System) Market Size by Type
1.3.1 Global FACTS (Flexible AC Transmission System) Market Size Overview by Type (2018-2029)
1.3.2 Global FACTS (Flexible AC Transmission System) Historic Market Size Review by Type (2018-2023)
1.3.3 Global FACTS (Flexible AC Transmission System) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America FACTS (Flexible AC Transmission System) Sales Breakdown by Type (2018-2023)
1.4.2 Europe FACTS (Flexible AC Transmission System) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific FACTS (Flexible AC Transmission System) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America FACTS (Flexible AC Transmission System) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa FACTS (Flexible AC Transmission System) Sales Breakdown by Type (2018-2023)
2 Global FACTS (Flexible AC Transmission System) Market Competition by Company
2.1 Global Top Players by FACTS (Flexible AC Transmission System) Sales (2018-2023)
2.2 Global Top Players by FACTS (Flexible AC Transmission System) Revenue (2018-2023)
2.3 Global Top Players by FACTS (Flexible AC Transmission System) Price (2018-2023)
2.4 Global Top Manufacturers FACTS (Flexible AC Transmission System) Manufacturing Base Distribution, Sales Area, Product Type
2.5 FACTS (Flexible AC Transmission System) Market Competitive Situation and Trends
2.5.1 FACTS (Flexible AC Transmission System) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by FACTS (Flexible AC Transmission System) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in FACTS (Flexible AC Transmission System) as of 2022)
2.7 Date of Key Manufacturers Enter into FACTS (Flexible AC Transmission System) Market
2.8 Key Manufacturers FACTS (Flexible AC Transmission System) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 FACTS (Flexible AC Transmission System) Status and Outlook by Region
3.1 Global FACTS (Flexible AC Transmission System) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global FACTS (Flexible AC Transmission System) Historic Market Size by Region
3.2.1 Global FACTS (Flexible AC Transmission System) Sales in Volume by Region (2018-2023)
3.2.2 Global FACTS (Flexible AC Transmission System) Sales in Value by Region (2018-2023)
3.2.3 Global FACTS (Flexible AC Transmission System) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global FACTS (Flexible AC Transmission System) Forecasted Market Size by Region
3.3.1 Global FACTS (Flexible AC Transmission System) Sales in Volume by Region (2024-2029)
3.3.2 Global FACTS (Flexible AC Transmission System) Sales in Value by Region (2024-2029)
3.3.3 Global FACTS (Flexible AC Transmission System) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global FACTS (Flexible AC Transmission System) by Application
4.1 FACTS (Flexible AC Transmission System) Market Segment by Application
4.1.1 Electric Utilities
4.1.2 Renewables
4.1.3 Railways
4.1.4 Oil & Gas
4.2 Global FACTS (Flexible AC Transmission System) Market Size by Application
4.2.1 Global FACTS (Flexible AC Transmission System) Market Size Overview by Application (2018-2029)
4.2.2 Global FACTS (Flexible AC Transmission System) Historic Market Size Review by Application (2018-2023)
4.2.3 Global FACTS (Flexible AC Transmission System) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America FACTS (Flexible AC Transmission System) Sales Breakdown by Application (2018-2023)
4.3.2 Europe FACTS (Flexible AC Transmission System) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific FACTS (Flexible AC Transmission System) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America FACTS (Flexible AC Transmission System) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa FACTS (Flexible AC Transmission System) Sales Breakdown by Application (2018-2023)
5 North America FACTS (Flexible AC Transmission System) by Country
5.1 North America FACTS (Flexible AC Transmission System) Historic Market Size by Country
5.1.1 North America FACTS (Flexible AC Transmission System) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America FACTS (Flexible AC Transmission System) Sales in Volume by Country (2018-2023)
5.1.3 North America FACTS (Flexible AC Transmission System) Sales in Value by Country (2018-2023)
5.2 North America FACTS (Flexible AC Transmission System) Forecasted Market Size by Country
5.2.1 North America FACTS (Flexible AC Transmission System) Sales in Volume by Country (2024-2029)
5.2.2 North America FACTS (Flexible AC Transmission System) Sales in Value by Country (2024-2029)
6 Europe FACTS (Flexible AC Transmission System) by Country
6.1 Europe FACTS (Flexible AC Transmission System) Historic Market Size by Country
6.1.1 Europe FACTS (Flexible AC Transmission System) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe FACTS (Flexible AC Transmission System) Sales in Volume by Country (2018-2023)
6.1.3 Europe FACTS (Flexible AC Transmission System) Sales in Value by Country (2018-2023)
6.2 Europe FACTS (Flexible AC Transmission System) Forecasted Market Size by Country
6.2.1 Europe FACTS (Flexible AC Transmission System) Sales in Volume by Country (2024-2029)
6.2.2 Europe FACTS (Flexible AC Transmission System) Sales in Value by Country (2024-2029)
7 Asia-Pacific FACTS (Flexible AC Transmission System) by Region
7.1 Asia-Pacific FACTS (Flexible AC Transmission System) Historic Market Size by Region
7.1.1 Asia-Pacific FACTS (Flexible AC Transmission System) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific FACTS (Flexible AC Transmission System) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific FACTS (Flexible AC Transmission System) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific FACTS (Flexible AC Transmission System) Forecasted Market Size by Region
7.2.1 Asia-Pacific FACTS (Flexible AC Transmission System) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific FACTS (Flexible AC Transmission System) Sales in Value by Region (2024-2029)
8 Latin America FACTS (Flexible AC Transmission System) by Country
8.1 Latin America FACTS (Flexible AC Transmission System) Historic Market Size by Country
8.1.1 Latin America FACTS (Flexible AC Transmission System) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America FACTS (Flexible AC Transmission System) Sales in Volume by Country (2018-2023)
8.1.3 Latin America FACTS (Flexible AC Transmission System) Sales in Value by Country (2018-2023)
8.2 Latin America FACTS (Flexible AC Transmission System) Forecasted Market Size by Country
8.2.1 Latin America FACTS (Flexible AC Transmission System) Sales in Volume by Country (2024-2029)
8.2.2 Latin America FACTS (Flexible AC Transmission System) Sales in Value by Country (2024-2029)
9 Middle East and Africa FACTS (Flexible AC Transmission System) by Country
9.1 Middle East and Africa FACTS (Flexible AC Transmission System) Historic Market Size by Country
9.1.1 Middle East and Africa FACTS (Flexible AC Transmission System) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa FACTS (Flexible AC Transmission System) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa FACTS (Flexible AC Transmission System) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa FACTS (Flexible AC Transmission System) Forecasted Market Size by Country
9.2.1 Middle East and Africa FACTS (Flexible AC Transmission System) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa FACTS (Flexible AC Transmission System) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB FACTS (Flexible AC Transmission System) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB FACTS (Flexible AC Transmission System) Products Offered
10.1.5 ABB Recent Development
10.2 Siemens
10.2.1 Siemens Company Information
10.2.2 Siemens Introduction and Business Overview
10.2.3 Siemens FACTS (Flexible AC Transmission System) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens FACTS (Flexible AC Transmission System) Products Offered
10.2.5 Siemens Recent Development
10.3 Mitsubishi Electric
10.3.1 Mitsubishi Electric Company Information
10.3.2 Mitsubishi Electric Introduction and Business Overview
10.3.3 Mitsubishi Electric FACTS (Flexible AC Transmission System) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Mitsubishi Electric FACTS (Flexible AC Transmission System) Products Offered
10.3.5 Mitsubishi Electric Recent Development
10.4 General Electric
10.4.1 General Electric Company Information
10.4.2 General Electric Introduction and Business Overview
10.4.3 General Electric FACTS (Flexible AC Transmission System) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 General Electric FACTS (Flexible AC Transmission System) Products Offered
10.4.5 General Electric Recent Development
10.5 Eaton
10.5.1 Eaton Company Information
10.5.2 Eaton Introduction and Business Overview
10.5.3 Eaton FACTS (Flexible AC Transmission System) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Eaton FACTS (Flexible AC Transmission System) Products Offered
10.5.5 Eaton Recent Development
10.6 Alstom
10.6.1 Alstom Company Information
10.6.2 Alstom Introduction and Business Overview
10.6.3 Alstom FACTS (Flexible AC Transmission System) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Alstom FACTS (Flexible AC Transmission System) Products Offered
10.6.5 Alstom Recent Development
10.7 American Electric Power
10.7.1 American Electric Power Company Information
10.7.2 American Electric Power Introduction and Business Overview
10.7.3 American Electric Power FACTS (Flexible AC Transmission System) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 American Electric Power FACTS (Flexible AC Transmission System) Products Offered
10.7.5 American Electric Power Recent Development
10.8 Hyosung
10.8.1 Hyosung Company Information
10.8.2 Hyosung Introduction and Business Overview
10.8.3 Hyosung FACTS (Flexible AC Transmission System) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hyosung FACTS (Flexible AC Transmission System) Products Offered
10.8.5 Hyosung Recent Development
10.9 NR Electric
10.9.1 NR Electric Company Information
10.9.2 NR Electric Introduction and Business Overview
10.9.3 NR Electric FACTS (Flexible AC Transmission System) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 NR Electric FACTS (Flexible AC Transmission System) Products Offered
10.9.5 NR Electric Recent Development
10.10 Adani Power
10.10.1 Adani Power Company Information
10.10.2 Adani Power Introduction and Business Overview
10.10.3 Adani Power FACTS (Flexible AC Transmission System) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Adani Power FACTS (Flexible AC Transmission System) Products Offered
10.10.5 Adani Power Recent Development
10.11 Toshiba
10.11.1 Toshiba Company Information
10.11.2 Toshiba Introduction and Business Overview
10.11.3 Toshiba FACTS (Flexible AC Transmission System) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Toshiba FACTS (Flexible AC Transmission System) Products Offered
10.11.5 Toshiba Recent Development
10.12 Superconductor
10.12.1 Superconductor Company Information
10.12.2 Superconductor Introduction and Business Overview
10.12.3 Superconductor FACTS (Flexible AC Transmission System) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Superconductor FACTS (Flexible AC Transmission System) Products Offered
10.12.5 Superconductor Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 FACTS (Flexible AC Transmission System) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 FACTS (Flexible AC Transmission System) Industrial Chain Analysis
11.4 FACTS (Flexible AC Transmission System) Market Dynamics
11.4.1 FACTS (Flexible AC Transmission System) Industry Trends
11.4.2 FACTS (Flexible AC Transmission System) Market Drivers
11.4.3 FACTS (Flexible AC Transmission System) Market Challenges
11.4.4 FACTS (Flexible AC Transmission System) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 FACTS (Flexible AC Transmission System) Distributors
12.3 FACTS (Flexible AC Transmission System) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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