Flexible AC Transmission Equipment Market, Global Outlook and Forecast 2023-2029

Report ID: MMG251590 | Category: Machinery & Equipment | Pages: 67 | Format: PDF | Published Date: October 26,2023

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Report Description
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Report Summary

Flexible alternating current transmission system (FACTS) is static equipment used for the AC transmission of electrical energy. It is meant to enhance controllability and increase power transfer capability.
This report aims to provide a comprehensive presentation of the global market for Flexible AC Transmission Equipment, 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 AC Transmission Equipment. This report contains market size and forecasts of Flexible AC Transmission Equipment in global, including the following market information:
Global Flexible AC Transmission Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Flexible AC Transmission Equipment market was valued at US$ 1474.2 million in 2022 and is projected to reach US$ 1809 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of FACTS devices include Hitachi ABB Power Grids, Siemens, etc. Global top 4 companies hold a share about 30%. Asia Pacific is the largest market, with a share over 60%, followed by Europe and North America with the share about 20% and 10%. In terms of product, SVG is the largest segment, with a share over 50%. And in terms of application, the largest application is metallurgy and steel, with a share about 30%.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Flexible AC Transmission Equipment companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Flexible AC Transmission Equipment Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Flexible AC Transmission Equipment Market Segment Percentages, by Type, 2022 (%)
    Shunt Compensation
    Series Compensation
Global Flexible AC Transmission Equipment Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Flexible AC Transmission Equipment Market Segment Percentages, by Application, 2022 (%)
    Metal Industry
    Railway
    Mining
    Utilities
    Others
Global Flexible AC Transmission Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Flexible AC Transmission Equipment Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Flexible AC Transmission Equipment revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Flexible AC Transmission Equipment revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    ABB
    Siemens
    RXPE
    Sieyuan Electric
    Mitsubishi Electric
    GE
    Toshiba
    AMSC
    Hyosung
    Alstom
Outline of Major Chapters:
Chapter 1: Introduces the definition of Flexible AC Transmission Equipment, market overview.
Chapter 2: Global Flexible AC Transmission Equipment market size in revenue.
Chapter 3: Detailed analysis of Flexible AC Transmission Equipment company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Flexible AC Transmission Equipment 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 of each country in the world.
Chapter 7: 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 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Flexible AC Transmission Equipment Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Flexible AC Transmission Equipment Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Flexible AC Transmission Equipment Overall Market Size
    2.1 Global Flexible AC Transmission Equipment Market Size: 2022 VS 2029
    2.2 Global Flexible AC Transmission Equipment Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top Flexible AC Transmission Equipment Players in Global Market
    3.2 Top Global Flexible AC Transmission Equipment Companies Ranked by Revenue
    3.3 Global Flexible AC Transmission Equipment Revenue by Companies
    3.4 Top 3 and Top 5 Flexible AC Transmission Equipment Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Flexible AC Transmission Equipment Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Flexible AC Transmission Equipment Players in Global Market
        3.6.1 List of Global Tier 1 Flexible AC Transmission Equipment Companies
        3.6.2 List of Global Tier 2 and Tier 3 Flexible AC Transmission Equipment Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Flexible AC Transmission Equipment Market Size Markets, 2022 & 2029
        4.1.2 Shunt Compensation
        4.1.3 Series Compensation
    4.2 By Type - Global Flexible AC Transmission Equipment Revenue & Forecasts
        4.2.1 By Type - Global Flexible AC Transmission Equipment Revenue, 2018-2023
        4.2.2 By Type - Global Flexible AC Transmission Equipment Revenue, 2024-2029
        4.2.3 By Type - Global Flexible AC Transmission Equipment Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Flexible AC Transmission Equipment Market Size, 2022 & 2029
        5.1.2 Metal Industry
        5.1.3 Railway
        5.1.4 Mining
        5.1.5 Utilities
        5.1.6 Others
    5.2 By Application - Global Flexible AC Transmission Equipment Revenue & Forecasts
        5.2.1 By Application - Global Flexible AC Transmission Equipment Revenue, 2018-2023
        5.2.2 By Application - Global Flexible AC Transmission Equipment Revenue, 2024-2029
        5.2.3 By Application - Global Flexible AC Transmission Equipment Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Flexible AC Transmission Equipment Market Size, 2022 & 2029
    6.2 By Region - Global Flexible AC Transmission Equipment Revenue & Forecasts
        6.2.1 By Region - Global Flexible AC Transmission Equipment Revenue, 2018-2023
        6.2.2 By Region - Global Flexible AC Transmission Equipment Revenue, 2024-2029
        6.2.3 By Region - Global Flexible AC Transmission Equipment Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Flexible AC Transmission Equipment Revenue, 2018-2029
        6.3.2 US Flexible AC Transmission Equipment Market Size, 2018-2029
        6.3.3 Canada Flexible AC Transmission Equipment Market Size, 2018-2029
        6.3.4 Mexico Flexible AC Transmission Equipment Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Flexible AC Transmission Equipment Revenue, 2018-2029
        6.4.2 Germany Flexible AC Transmission Equipment Market Size, 2018-2029
        6.4.3 France Flexible AC Transmission Equipment Market Size, 2018-2029
        6.4.4 U.K. Flexible AC Transmission Equipment Market Size, 2018-2029
        6.4.5 Italy Flexible AC Transmission Equipment Market Size, 2018-2029
        6.4.6 Russia Flexible AC Transmission Equipment Market Size, 2018-2029
        6.4.7 Nordic Countries Flexible AC Transmission Equipment Market Size, 2018-2029
        6.4.8 Benelux Flexible AC Transmission Equipment Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Flexible AC Transmission Equipment Revenue, 2018-2029
        6.5.2 China Flexible AC Transmission Equipment Market Size, 2018-2029
        6.5.3 Japan Flexible AC Transmission Equipment Market Size, 2018-2029
        6.5.4 South Korea Flexible AC Transmission Equipment Market Size, 2018-2029
        6.5.5 Southeast Asia Flexible AC Transmission Equipment Market Size, 2018-2029
        6.5.6 India Flexible AC Transmission Equipment Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Flexible AC Transmission Equipment Revenue, 2018-2029
        6.6.2 Brazil Flexible AC Transmission Equipment Market Size, 2018-2029
        6.6.3 Argentina Flexible AC Transmission Equipment Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Flexible AC Transmission Equipment Revenue, 2018-2029
        6.7.2 Turkey Flexible AC Transmission Equipment Market Size, 2018-2029
        6.7.3 Israel Flexible AC Transmission Equipment Market Size, 2018-2029
        6.7.4 Saudi Arabia Flexible AC Transmission Equipment Market Size, 2018-2029
        6.7.5 UAE Flexible AC Transmission Equipment Market Size, 2018-2029
7 Flexible AC Transmission Equipment Companies Profiles
    7.1 ABB
        7.1.1 ABB Company Summary
        7.1.2 ABB Business Overview
        7.1.3 ABB Flexible AC Transmission Equipment Major Product Offerings
        7.1.4 ABB Flexible AC Transmission Equipment Revenue in Global Market (2018-2023)
        7.1.5 ABB Key News & Latest Developments
    7.2 Siemens
        7.2.1 Siemens Company Summary
        7.2.2 Siemens Business Overview
        7.2.3 Siemens Flexible AC Transmission Equipment Major Product Offerings
        7.2.4 Siemens Flexible AC Transmission Equipment Revenue in Global Market (2018-2023)
        7.2.5 Siemens Key News & Latest Developments
    7.3 RXPE
        7.3.1 RXPE Company Summary
        7.3.2 RXPE Business Overview
        7.3.3 RXPE Flexible AC Transmission Equipment Major Product Offerings
        7.3.4 RXPE Flexible AC Transmission Equipment Revenue in Global Market (2018-2023)
        7.3.5 RXPE Key News & Latest Developments
    7.4 Sieyuan Electric
        7.4.1 Sieyuan Electric Company Summary
        7.4.2 Sieyuan Electric Business Overview
        7.4.3 Sieyuan Electric Flexible AC Transmission Equipment Major Product Offerings
        7.4.4 Sieyuan Electric Flexible AC Transmission Equipment Revenue in Global Market (2018-2023)
        7.4.5 Sieyuan Electric Key News & Latest Developments
    7.5 Mitsubishi Electric
        7.5.1 Mitsubishi Electric Company Summary
        7.5.2 Mitsubishi Electric Business Overview
        7.5.3 Mitsubishi Electric Flexible AC Transmission Equipment Major Product Offerings
        7.5.4 Mitsubishi Electric Flexible AC Transmission Equipment Revenue in Global Market (2018-2023)
        7.5.5 Mitsubishi Electric Key News & Latest Developments
    7.6 GE
        7.6.1 GE Company Summary
        7.6.2 GE Business Overview
        7.6.3 GE Flexible AC Transmission Equipment Major Product Offerings
        7.6.4 GE Flexible AC Transmission Equipment Revenue in Global Market (2018-2023)
        7.6.5 GE Key News & Latest Developments
    7.7 Toshiba
        7.7.1 Toshiba Company Summary
        7.7.2 Toshiba Business Overview
        7.7.3 Toshiba Flexible AC Transmission Equipment Major Product Offerings
        7.7.4 Toshiba Flexible AC Transmission Equipment Revenue in Global Market (2018-2023)
        7.7.5 Toshiba Key News & Latest Developments
    7.8 AMSC
        7.8.1 AMSC Company Summary
        7.8.2 AMSC Business Overview
        7.8.3 AMSC Flexible AC Transmission Equipment Major Product Offerings
        7.8.4 AMSC Flexible AC Transmission Equipment Revenue in Global Market (2018-2023)
        7.8.5 AMSC Key News & Latest Developments
    7.9 Hyosung
        7.9.1 Hyosung Company Summary
        7.9.2 Hyosung Business Overview
        7.9.3 Hyosung Flexible AC Transmission Equipment Major Product Offerings
        7.9.4 Hyosung Flexible AC Transmission Equipment Revenue in Global Market (2018-2023)
        7.9.5 Hyosung Key News & Latest Developments
    7.10 Alstom
        7.10.1 Alstom Company Summary
        7.10.2 Alstom Business Overview
        7.10.3 Alstom Flexible AC Transmission Equipment Major Product Offerings
        7.10.4 Alstom Flexible AC Transmission Equipment Revenue in Global Market (2018-2023)
        7.10.5 Alstom Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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Flexible AC Transmission Equipment Market, Global Outlook and Forecast 2023-2029

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