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Global FACTS (Flexible AC Transmission System) Market Research Report 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 was valued at US$ 1432.7 million in 2023 and is anticipated to reach US$ 2135.6 million by 2030, witnessing a CAGR of 5.8% during the forecast period 2024-2030.
The shunt compensation is expected to hold the major market share among all compensation type.
This report aims to provide a comprehensive presentation of the global market for FACTS (Flexible AC Transmission System), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding FACTS (Flexible AC Transmission System).
Report Scope
The FACTS (Flexible AC Transmission System) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global FACTS (Flexible AC Transmission System) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the FACTS (Flexible AC Transmission System) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Siemens
Mitsubishi Electric
General Electric
Eaton
Alstom
American Electric Power
Hyosung
NR Electric
Adani Power
Toshiba
Superconductor
Segment by Type
Shunt Connected
Shunt
Series and Combined Series
Segment by Application
Electric Utilities
Renewables
Railways
Oil & Gas
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of FACTS (Flexible AC Transmission System) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of FACTS (Flexible AC Transmission System) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of FACTS (Flexible AC Transmission System) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
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 was valued at US$ 1432.7 million in 2023 and is anticipated to reach US$ 2135.6 million by 2030, witnessing a CAGR of 5.8% during the forecast period 2024-2030.
The shunt compensation is expected to hold the major market share among all compensation type.
This report aims to provide a comprehensive presentation of the global market for FACTS (Flexible AC Transmission System), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding FACTS (Flexible AC Transmission System).
Report Scope
The FACTS (Flexible AC Transmission System) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global FACTS (Flexible AC Transmission System) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the FACTS (Flexible AC Transmission System) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Siemens
Mitsubishi Electric
General Electric
Eaton
Alstom
American Electric Power
Hyosung
NR Electric
Adani Power
Toshiba
Superconductor
Segment by Type
Shunt Connected
Shunt
Series and Combined Series
Segment by Application
Electric Utilities
Renewables
Railways
Oil & Gas
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of FACTS (Flexible AC Transmission System) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of FACTS (Flexible AC Transmission System) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of FACTS (Flexible AC Transmission System) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 FACTS (Flexible AC Transmission System) Market Overview
1.1 Product Definition
1.2 FACTS (Flexible AC Transmission System) Segment by Type
1.2.1 Global FACTS (Flexible AC Transmission System) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Shunt Connected
1.2.3 Shunt
1.2.4 Series and Combined Series
1.3 FACTS (Flexible AC Transmission System) Segment by Application
1.3.1 Global FACTS (Flexible AC Transmission System) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Electric Utilities
1.3.3 Renewables
1.3.4 Railways
1.3.5 Oil & Gas
1.4 Global Market Growth Prospects
1.4.1 Global FACTS (Flexible AC Transmission System) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global FACTS (Flexible AC Transmission System) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global FACTS (Flexible AC Transmission System) Production Estimates and Forecasts (2019-2030)
1.4.4 Global FACTS (Flexible AC Transmission System) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global FACTS (Flexible AC Transmission System) Production Market Share by Manufacturers (2019-2024)
2.2 Global FACTS (Flexible AC Transmission System) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of FACTS (Flexible AC Transmission System), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global FACTS (Flexible AC Transmission System) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global FACTS (Flexible AC Transmission System) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of FACTS (Flexible AC Transmission System), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of FACTS (Flexible AC Transmission System), Product Offered and Application
2.8 Global Key Manufacturers of FACTS (Flexible AC Transmission System), Date of Enter into This Industry
2.9 FACTS (Flexible AC Transmission System) Market Competitive Situation and Trends
2.9.1 FACTS (Flexible AC Transmission System) Market Concentration Rate
2.9.2 Global 5 and 10 Largest FACTS (Flexible AC Transmission System) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 FACTS (Flexible AC Transmission System) Production by Region
3.1 Global FACTS (Flexible AC Transmission System) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global FACTS (Flexible AC Transmission System) Production Value by Region (2019-2030)
3.2.1 Global FACTS (Flexible AC Transmission System) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of FACTS (Flexible AC Transmission System) by Region (2025-2030)
3.3 Global FACTS (Flexible AC Transmission System) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global FACTS (Flexible AC Transmission System) Production by Region (2019-2030)
3.4.1 Global FACTS (Flexible AC Transmission System) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of FACTS (Flexible AC Transmission System) by Region (2025-2030)
3.5 Global FACTS (Flexible AC Transmission System) Market Price Analysis by Region (2019-2024)
3.6 Global FACTS (Flexible AC Transmission System) Production and Value, Year-over-Year Growth
3.6.1 North America FACTS (Flexible AC Transmission System) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe FACTS (Flexible AC Transmission System) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China FACTS (Flexible AC Transmission System) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan FACTS (Flexible AC Transmission System) Production Value Estimates and Forecasts (2019-2030)
4 FACTS (Flexible AC Transmission System) Consumption by Region
4.1 Global FACTS (Flexible AC Transmission System) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global FACTS (Flexible AC Transmission System) Consumption by Region (2019-2030)
4.2.1 Global FACTS (Flexible AC Transmission System) Consumption by Region (2019-2024)
4.2.2 Global FACTS (Flexible AC Transmission System) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America FACTS (Flexible AC Transmission System) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America FACTS (Flexible AC Transmission System) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe FACTS (Flexible AC Transmission System) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe FACTS (Flexible AC Transmission System) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific FACTS (Flexible AC Transmission System) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific FACTS (Flexible AC Transmission System) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa FACTS (Flexible AC Transmission System) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa FACTS (Flexible AC Transmission System) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global FACTS (Flexible AC Transmission System) Production by Type (2019-2030)
5.1.1 Global FACTS (Flexible AC Transmission System) Production by Type (2019-2024)
5.1.2 Global FACTS (Flexible AC Transmission System) Production by Type (2025-2030)
5.1.3 Global FACTS (Flexible AC Transmission System) Production Market Share by Type (2019-2030)
5.2 Global FACTS (Flexible AC Transmission System) Production Value by Type (2019-2030)
5.2.1 Global FACTS (Flexible AC Transmission System) Production Value by Type (2019-2024)
5.2.2 Global FACTS (Flexible AC Transmission System) Production Value by Type (2025-2030)
5.2.3 Global FACTS (Flexible AC Transmission System) Production Value Market Share by Type (2019-2030)
5.3 Global FACTS (Flexible AC Transmission System) Price by Type (2019-2030)
6 Segment by Application
6.1 Global FACTS (Flexible AC Transmission System) Production by Application (2019-2030)
6.1.1 Global FACTS (Flexible AC Transmission System) Production by Application (2019-2024)
6.1.2 Global FACTS (Flexible AC Transmission System) Production by Application (2025-2030)
6.1.3 Global FACTS (Flexible AC Transmission System) Production Market Share by Application (2019-2030)
6.2 Global FACTS (Flexible AC Transmission System) Production Value by Application (2019-2030)
6.2.1 Global FACTS (Flexible AC Transmission System) Production Value by Application (2019-2024)
6.2.2 Global FACTS (Flexible AC Transmission System) Production Value by Application (2025-2030)
6.2.3 Global FACTS (Flexible AC Transmission System) Production Value Market Share by Application (2019-2030)
6.3 Global FACTS (Flexible AC Transmission System) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB FACTS (Flexible AC Transmission System) Corporation Information
7.1.2 ABB FACTS (Flexible AC Transmission System) Product Portfolio
7.1.3 ABB FACTS (Flexible AC Transmission System) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens FACTS (Flexible AC Transmission System) Corporation Information
7.2.2 Siemens FACTS (Flexible AC Transmission System) Product Portfolio
7.2.3 Siemens FACTS (Flexible AC Transmission System) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 Mitsubishi Electric
7.3.1 Mitsubishi Electric FACTS (Flexible AC Transmission System) Corporation Information
7.3.2 Mitsubishi Electric FACTS (Flexible AC Transmission System) Product Portfolio
7.3.3 Mitsubishi Electric FACTS (Flexible AC Transmission System) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Mitsubishi Electric Main Business and Markets Served
7.3.5 Mitsubishi Electric Recent Developments/Updates
7.4 General Electric
7.4.1 General Electric FACTS (Flexible AC Transmission System) Corporation Information
7.4.2 General Electric FACTS (Flexible AC Transmission System) Product Portfolio
7.4.3 General Electric FACTS (Flexible AC Transmission System) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 General Electric Main Business and Markets Served
7.4.5 General Electric Recent Developments/Updates
7.5 Eaton
7.5.1 Eaton FACTS (Flexible AC Transmission System) Corporation Information
7.5.2 Eaton FACTS (Flexible AC Transmission System) Product Portfolio
7.5.3 Eaton FACTS (Flexible AC Transmission System) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Eaton Main Business and Markets Served
7.5.5 Eaton Recent Developments/Updates
7.6 Alstom
7.6.1 Alstom FACTS (Flexible AC Transmission System) Corporation Information
7.6.2 Alstom FACTS (Flexible AC Transmission System) Product Portfolio
7.6.3 Alstom FACTS (Flexible AC Transmission System) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Alstom Main Business and Markets Served
7.6.5 Alstom Recent Developments/Updates
7.7 American Electric Power
7.7.1 American Electric Power FACTS (Flexible AC Transmission System) Corporation Information
7.7.2 American Electric Power FACTS (Flexible AC Transmission System) Product Portfolio
7.7.3 American Electric Power FACTS (Flexible AC Transmission System) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 American Electric Power Main Business and Markets Served
7.7.5 American Electric Power Recent Developments/Updates
7.8 Hyosung
7.8.1 Hyosung FACTS (Flexible AC Transmission System) Corporation Information
7.8.2 Hyosung FACTS (Flexible AC Transmission System) Product Portfolio
7.8.3 Hyosung FACTS (Flexible AC Transmission System) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Hyosung Main Business and Markets Served
7.7.5 Hyosung Recent Developments/Updates
7.9 NR Electric
7.9.1 NR Electric FACTS (Flexible AC Transmission System) Corporation Information
7.9.2 NR Electric FACTS (Flexible AC Transmission System) Product Portfolio
7.9.3 NR Electric FACTS (Flexible AC Transmission System) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 NR Electric Main Business and Markets Served
7.9.5 NR Electric Recent Developments/Updates
7.10 Adani Power
7.10.1 Adani Power FACTS (Flexible AC Transmission System) Corporation Information
7.10.2 Adani Power FACTS (Flexible AC Transmission System) Product Portfolio
7.10.3 Adani Power FACTS (Flexible AC Transmission System) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Adani Power Main Business and Markets Served
7.10.5 Adani Power Recent Developments/Updates
7.11 Toshiba
7.11.1 Toshiba FACTS (Flexible AC Transmission System) Corporation Information
7.11.2 Toshiba FACTS (Flexible AC Transmission System) Product Portfolio
7.11.3 Toshiba FACTS (Flexible AC Transmission System) Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Toshiba Main Business and Markets Served
7.11.5 Toshiba Recent Developments/Updates
7.12 Superconductor
7.12.1 Superconductor FACTS (Flexible AC Transmission System) Corporation Information
7.12.2 Superconductor FACTS (Flexible AC Transmission System) Product Portfolio
7.12.3 Superconductor FACTS (Flexible AC Transmission System) Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Superconductor Main Business and Markets Served
7.12.5 Superconductor Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 FACTS (Flexible AC Transmission System) Industry Chain Analysis
8.2 FACTS (Flexible AC Transmission System) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 FACTS (Flexible AC Transmission System) Production Mode & Process
8.4 FACTS (Flexible AC Transmission System) Sales and Marketing
8.4.1 FACTS (Flexible AC Transmission System) Sales Channels
8.4.2 FACTS (Flexible AC Transmission System) Distributors
8.5 FACTS (Flexible AC Transmission System) Customers
9 FACTS (Flexible AC Transmission System) Market Dynamics
9.1 FACTS (Flexible AC Transmission System) Industry Trends
9.2 FACTS (Flexible AC Transmission System) Market Drivers
9.3 FACTS (Flexible AC Transmission System) Market Challenges
9.4 FACTS (Flexible AC Transmission System) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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