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Download Free sampleA 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.
Flexible AC Transmission Equipment Market contains market size and forecasts of Flexible AC Transmission Equipment in Global, including the following market information:
Global Flexible AC Transmission Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Flexible AC Transmission Equipment market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Shunt Compensation Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Flexible AC Transmission Equipment include ABB, Siemens, RXPE, Sieyuan Electric, Mitsubishi Electric, GE, Toshiba, AMSC and Hyosung and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We 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, 2017-2022, 2023-2028 ($ millions)
Global Flexible AC Transmission Equipment Market Segment Percentages, by Type, 2021 (%)
Shunt Compensation
Series Compensation
Global Flexible AC Transmission Equipment Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Flexible AC Transmission Equipment Market Segment Percentages, by Application, 2021 (%)
Metal Industry
Railway
Mining
Utilities
Others
Global Flexible AC Transmission Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Flexible AC Transmission Equipment Market Segment Percentages, By Region and Country, 2021 (%)
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, 2017-2022 (estimated), ($ millions)
Key companies Flexible AC Transmission Equipment revenues share in global market, 2021 (%)
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
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
