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Global Flexible Alternating Current Transmission Systems (FACTS) Market Research Report 2024
Synopsis
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.
The global Flexible Alternating Current Transmission Systems (FACTS) market was valued at US$ 1332.6 million in 2023 and is anticipated to reach US$ 1921.1 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Flexible Alternating Current Transmission Systems (FACTS), 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 Flexible Alternating Current Transmission Systems (FACTS).
Report Scope
The Flexible Alternating Current Transmission Systems (FACTS) 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 Flexible Alternating Current Transmission Systems (FACTS) 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 Flexible Alternating Current Transmission Systems (FACTS) 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
RXPE
GE
Toshiba
Sieyuan Electric
Hyosung
AMSC
Segment by Type
Shunt Compensation
Series Compensation
Segment by Application
Metal Industry
Utilities
Railway
Mining
Production by Region
Europe
North America
China
Japan
Central & South America
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 Flexible Alternating Current Transmission Systems (FACTS) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Flexible Alternating Current Transmission Systems (FACTS) 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 Flexible Alternating Current Transmission Systems (FACTS) 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.
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.
The global Flexible Alternating Current Transmission Systems (FACTS) market was valued at US$ 1332.6 million in 2023 and is anticipated to reach US$ 1921.1 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Flexible Alternating Current Transmission Systems (FACTS), 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 Flexible Alternating Current Transmission Systems (FACTS).
Report Scope
The Flexible Alternating Current Transmission Systems (FACTS) 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 Flexible Alternating Current Transmission Systems (FACTS) 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 Flexible Alternating Current Transmission Systems (FACTS) 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
RXPE
GE
Toshiba
Sieyuan Electric
Hyosung
AMSC
Segment by Type
Shunt Compensation
Series Compensation
Segment by Application
Metal Industry
Utilities
Railway
Mining
Production by Region
Europe
North America
China
Japan
Central & South America
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 Flexible Alternating Current Transmission Systems (FACTS) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Flexible Alternating Current Transmission Systems (FACTS) 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 Flexible Alternating Current Transmission Systems (FACTS) 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 Flexible Alternating Current Transmission Systems (FACTS) Market Overview
1.1 Product Definition
1.2 Flexible Alternating Current Transmission Systems (FACTS) Segment by Type
1.2.1 Global Flexible Alternating Current Transmission Systems (FACTS) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Shunt Compensation
1.2.3 Series Compensation
1.3 Flexible Alternating Current Transmission Systems (FACTS) Segment by Application
1.3.1 Global Flexible Alternating Current Transmission Systems (FACTS) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Metal Industry
1.3.3 Utilities
1.3.4 Railway
1.3.5 Mining
1.4 Global Market Growth Prospects
1.4.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Flexible Alternating Current Transmission Systems (FACTS) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Flexible Alternating Current Transmission Systems (FACTS) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production Market Share by Manufacturers (2019-2024)
2.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Flexible Alternating Current Transmission Systems (FACTS), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Flexible Alternating Current Transmission Systems (FACTS) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Flexible Alternating Current Transmission Systems (FACTS) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Flexible Alternating Current Transmission Systems (FACTS), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Flexible Alternating Current Transmission Systems (FACTS), Product Offered and Application
2.8 Global Key Manufacturers of Flexible Alternating Current Transmission Systems (FACTS), Date of Enter into This Industry
2.9 Flexible Alternating Current Transmission Systems (FACTS) Market Competitive Situation and Trends
2.9.1 Flexible Alternating Current Transmission Systems (FACTS) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Flexible Alternating Current Transmission Systems (FACTS) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Flexible Alternating Current Transmission Systems (FACTS) Production by Region
3.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value by Region (2019-2030)
3.2.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Flexible Alternating Current Transmission Systems (FACTS) by Region (2025-2030)
3.3 Global Flexible Alternating Current Transmission Systems (FACTS) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Region (2019-2030)
3.4.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Flexible Alternating Current Transmission Systems (FACTS) by Region (2025-2030)
3.5 Global Flexible Alternating Current Transmission Systems (FACTS) Market Price Analysis by Region (2019-2024)
3.6 Global Flexible Alternating Current Transmission Systems (FACTS) Production and Value, Year-over-Year Growth
3.6.1 Europe Flexible Alternating Current Transmission Systems (FACTS) Production Value Estimates and Forecasts (2019-2030)
3.6.2 North America Flexible Alternating Current Transmission Systems (FACTS) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Flexible Alternating Current Transmission Systems (FACTS) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Flexible Alternating Current Transmission Systems (FACTS) Production Value Estimates and Forecasts (2019-2030)
3.6.5 Central & South America Flexible Alternating Current Transmission Systems (FACTS) Production Value Estimates and Forecasts (2019-2030)
4 Flexible Alternating Current Transmission Systems (FACTS) Consumption by Region
4.1 Global Flexible Alternating Current Transmission Systems (FACTS) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Flexible Alternating Current Transmission Systems (FACTS) Consumption by Region (2019-2030)
4.2.1 Global Flexible Alternating Current Transmission Systems (FACTS) Consumption by Region (2019-2024)
4.2.2 Global Flexible Alternating Current Transmission Systems (FACTS) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Flexible Alternating Current Transmission Systems (FACTS) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Flexible Alternating Current Transmission Systems (FACTS) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Flexible Alternating Current Transmission Systems (FACTS) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Flexible Alternating Current Transmission Systems (FACTS) 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 Flexible Alternating Current Transmission Systems (FACTS) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Flexible Alternating Current Transmission Systems (FACTS) 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 Flexible Alternating Current Transmission Systems (FACTS) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Flexible Alternating Current Transmission Systems (FACTS) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Type (2019-2030)
5.1.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Type (2019-2024)
5.1.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Type (2025-2030)
5.1.3 Global Flexible Alternating Current Transmission Systems (FACTS) Production Market Share by Type (2019-2030)
5.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value by Type (2019-2030)
5.2.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value by Type (2019-2024)
5.2.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value by Type (2025-2030)
5.2.3 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value Market Share by Type (2019-2030)
5.3 Global Flexible Alternating Current Transmission Systems (FACTS) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Application (2019-2030)
6.1.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Application (2019-2024)
6.1.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Application (2025-2030)
6.1.3 Global Flexible Alternating Current Transmission Systems (FACTS) Production Market Share by Application (2019-2030)
6.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value by Application (2019-2030)
6.2.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value by Application (2019-2024)
6.2.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value by Application (2025-2030)
6.2.3 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value Market Share by Application (2019-2030)
6.3 Global Flexible Alternating Current Transmission Systems (FACTS) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Flexible Alternating Current Transmission Systems (FACTS) Corporation Information
7.1.2 ABB Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
7.1.3 ABB Flexible Alternating Current Transmission Systems (FACTS) 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 Flexible Alternating Current Transmission Systems (FACTS) Corporation Information
7.2.2 Siemens Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
7.2.3 Siemens Flexible Alternating Current Transmission Systems (FACTS) 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 Flexible Alternating Current Transmission Systems (FACTS) Corporation Information
7.3.2 Mitsubishi Electric Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
7.3.3 Mitsubishi Electric Flexible Alternating Current Transmission Systems (FACTS) 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 RXPE
7.4.1 RXPE Flexible Alternating Current Transmission Systems (FACTS) Corporation Information
7.4.2 RXPE Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
7.4.3 RXPE Flexible Alternating Current Transmission Systems (FACTS) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 RXPE Main Business and Markets Served
7.4.5 RXPE Recent Developments/Updates
7.5 GE
7.5.1 GE Flexible Alternating Current Transmission Systems (FACTS) Corporation Information
7.5.2 GE Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
7.5.3 GE Flexible Alternating Current Transmission Systems (FACTS) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 GE Main Business and Markets Served
7.5.5 GE Recent Developments/Updates
7.6 Toshiba
7.6.1 Toshiba Flexible Alternating Current Transmission Systems (FACTS) Corporation Information
7.6.2 Toshiba Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
7.6.3 Toshiba Flexible Alternating Current Transmission Systems (FACTS) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Toshiba Main Business and Markets Served
7.6.5 Toshiba Recent Developments/Updates
7.7 Sieyuan Electric
7.7.1 Sieyuan Electric Flexible Alternating Current Transmission Systems (FACTS) Corporation Information
7.7.2 Sieyuan Electric Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
7.7.3 Sieyuan Electric Flexible Alternating Current Transmission Systems (FACTS) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Sieyuan Electric Main Business and Markets Served
7.7.5 Sieyuan Electric Recent Developments/Updates
7.8 Hyosung
7.8.1 Hyosung Flexible Alternating Current Transmission Systems (FACTS) Corporation Information
7.8.2 Hyosung Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
7.8.3 Hyosung Flexible Alternating Current Transmission Systems (FACTS) 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 AMSC
7.9.1 AMSC Flexible Alternating Current Transmission Systems (FACTS) Corporation Information
7.9.2 AMSC Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
7.9.3 AMSC Flexible Alternating Current Transmission Systems (FACTS) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 AMSC Main Business and Markets Served
7.9.5 AMSC Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Flexible Alternating Current Transmission Systems (FACTS) Industry Chain Analysis
8.2 Flexible Alternating Current Transmission Systems (FACTS) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Flexible Alternating Current Transmission Systems (FACTS) Production Mode & Process
8.4 Flexible Alternating Current Transmission Systems (FACTS) Sales and Marketing
8.4.1 Flexible Alternating Current Transmission Systems (FACTS) Sales Channels
8.4.2 Flexible Alternating Current Transmission Systems (FACTS) Distributors
8.5 Flexible Alternating Current Transmission Systems (FACTS) Customers
9 Flexible Alternating Current Transmission Systems (FACTS) Market Dynamics
9.1 Flexible Alternating Current Transmission Systems (FACTS) Industry Trends
9.2 Flexible Alternating Current Transmission Systems (FACTS) Market Drivers
9.3 Flexible Alternating Current Transmission Systems (FACTS) Market Challenges
9.4 Flexible Alternating Current Transmission Systems (FACTS) 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
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