Flexible AC Transmission System (FACTS) Market, Global Outlook and Forecast 2023-2029

Report ID: MMG251591 | Category: Chemical & Material | Pages: 65 | Format: PDF | Published Date: October 26,2023

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Report Description
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Report Summary

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.
This report aims to provide a comprehensive presentation of the global market for Flexible AC Transmission System (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 AC Transmission System (FACTS). This report contains market size and forecasts of Flexible AC Transmission System (FACTS) in global, including the following market information:
Global Flexible AC Transmission System (FACTS) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Flexible AC Transmission System (FACTS) market was valued at US$ 1306.8 million in 2022 and is projected to reach US$ 1678 million by 2029, at a CAGR of 3.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Shunt Compensation Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Flexible AC Transmission System (FACTS) include ABB, Siemens, RXPE, Sieyuan Electric, Mitsubishi Electric, GE, Toshiba, AMSC and Hyosung, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Flexible AC Transmission System (FACTS) 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 System (FACTS) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Flexible AC Transmission System (FACTS) Market Segment Percentages, by Type, 2022 (%)
    Shunt Compensation
    Series Compensation
Global Flexible AC Transmission System (FACTS) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Flexible AC Transmission System (FACTS) Market Segment Percentages, by Application, 2022 (%)
    Metal Industry
    Railway
    Mining
    Utilities
    Others
Global Flexible AC Transmission System (FACTS) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Flexible AC Transmission System (FACTS) 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 System (FACTS) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Flexible AC Transmission System (FACTS) 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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Flexible AC Transmission System (FACTS), market overview.
Chapter 2: Global Flexible AC Transmission System (FACTS) market size in revenue.
Chapter 3: Detailed analysis of Flexible AC Transmission System (FACTS) 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 System (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 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 System (FACTS) Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Flexible AC Transmission System (FACTS) 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 System (FACTS) Overall Market Size
    2.1 Global Flexible AC Transmission System (FACTS) Market Size: 2022 VS 2029
    2.2 Global Flexible AC Transmission System (FACTS) 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 System (FACTS) Players in Global Market
    3.2 Top Global Flexible AC Transmission System (FACTS) Companies Ranked by Revenue
    3.3 Global Flexible AC Transmission System (FACTS) Revenue by Companies
    3.4 Top 3 and Top 5 Flexible AC Transmission System (FACTS) Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Flexible AC Transmission System (FACTS) Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Flexible AC Transmission System (FACTS) Players in Global Market
        3.6.1 List of Global Tier 1 Flexible AC Transmission System (FACTS) Companies
        3.6.2 List of Global Tier 2 and Tier 3 Flexible AC Transmission System (FACTS) Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Flexible AC Transmission System (FACTS) Market Size Markets, 2022 & 2029
        4.1.2 Shunt Compensation
        4.1.3 Series Compensation
    4.2 By Type - Global Flexible AC Transmission System (FACTS) Revenue & Forecasts
        4.2.1 By Type - Global Flexible AC Transmission System (FACTS) Revenue, 2018-2023
        4.2.2 By Type - Global Flexible AC Transmission System (FACTS) Revenue, 2024-2029
        4.2.3 By Type - Global Flexible AC Transmission System (FACTS) Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Flexible AC Transmission System (FACTS) 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 System (FACTS) Revenue & Forecasts
        5.2.1 By Application - Global Flexible AC Transmission System (FACTS) Revenue, 2018-2023
        5.2.2 By Application - Global Flexible AC Transmission System (FACTS) Revenue, 2024-2029
        5.2.3 By Application - Global Flexible AC Transmission System (FACTS) Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Flexible AC Transmission System (FACTS) Market Size, 2022 & 2029
    6.2 By Region - Global Flexible AC Transmission System (FACTS) Revenue & Forecasts
        6.2.1 By Region - Global Flexible AC Transmission System (FACTS) Revenue, 2018-2023
        6.2.2 By Region - Global Flexible AC Transmission System (FACTS) Revenue, 2024-2029
        6.2.3 By Region - Global Flexible AC Transmission System (FACTS) Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Flexible AC Transmission System (FACTS) Revenue, 2018-2029
        6.3.2 US Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.3.3 Canada Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.3.4 Mexico Flexible AC Transmission System (FACTS) Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Flexible AC Transmission System (FACTS) Revenue, 2018-2029
        6.4.2 Germany Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.4.3 France Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.4.4 U.K. Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.4.5 Italy Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.4.6 Russia Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.4.7 Nordic Countries Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.4.8 Benelux Flexible AC Transmission System (FACTS) Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Flexible AC Transmission System (FACTS) Revenue, 2018-2029
        6.5.2 China Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.5.3 Japan Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.5.4 South Korea Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.5.5 Southeast Asia Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.5.6 India Flexible AC Transmission System (FACTS) Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Flexible AC Transmission System (FACTS) Revenue, 2018-2029
        6.6.2 Brazil Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.6.3 Argentina Flexible AC Transmission System (FACTS) Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Flexible AC Transmission System (FACTS) Revenue, 2018-2029
        6.7.2 Turkey Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.7.3 Israel Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.7.4 Saudi Arabia Flexible AC Transmission System (FACTS) Market Size, 2018-2029
        6.7.5 UAE Flexible AC Transmission System (FACTS) Market Size, 2018-2029
7 Flexible AC Transmission System (FACTS) Companies Profiles
    7.1 ABB
        7.1.1 ABB Company Summary
        7.1.2 ABB Business Overview
        7.1.3 ABB Flexible AC Transmission System (FACTS) Major Product Offerings
        7.1.4 ABB Flexible AC Transmission System (FACTS) 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 System (FACTS) Major Product Offerings
        7.2.4 Siemens Flexible AC Transmission System (FACTS) 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 System (FACTS) Major Product Offerings
        7.3.4 RXPE Flexible AC Transmission System (FACTS) 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 System (FACTS) Major Product Offerings
        7.4.4 Sieyuan Electric Flexible AC Transmission System (FACTS) 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 System (FACTS) Major Product Offerings
        7.5.4 Mitsubishi Electric Flexible AC Transmission System (FACTS) 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 System (FACTS) Major Product Offerings
        7.6.4 GE Flexible AC Transmission System (FACTS) 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 System (FACTS) Major Product Offerings
        7.7.4 Toshiba Flexible AC Transmission System (FACTS) 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 System (FACTS) Major Product Offerings
        7.8.4 AMSC Flexible AC Transmission System (FACTS) 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 System (FACTS) Major Product Offerings
        7.9.4 Hyosung Flexible AC Transmission System (FACTS) Revenue in Global Market (2018-2023)
        7.9.5 Hyosung 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 System (FACTS) Market, Global Outlook and Forecast 2023-2029

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