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Flexible AC Transmission Systems (FACTS) Market by Compensation Type (Series Compensation, Shunt Compensation, and Combined Compensation), Generation Type (First-Generation and Second-Generation), By Controller Type (SVC, STATCOM, UPFC, TCSC, and Others), By Application (Industrial, Utilities, Railways, Renewables, and Others), By Region: Global & Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026

  • Publish On: Jul-2021
  • Total Pages: 179
  • Report Code: FAF-1557
  • Base Year: 2020
  • Format:

Industry Insights

[179+ Pages Report] According to the report published by Facts and Factors, the global flexible AC transmission systems (FACTS) market was valued at approximately USD 1,271.04 Million in 2020 and is predicted to create revenue of almost USD 2,028.21 Million by the end of 2026, with a CAGR of around 8.1% between 2021 and 2026.

 

Global Flexible AC Transmission Systems (FACTS) Market: Overview    

The Flexible AC transmission system (FACTS )is a system that uses power electronic devices in conjunction with power system devices to improve the transmission system's stability and controllability, as well as its power transfer capabilities. It is utilized to regulate the high voltage side of the network using power electronic devices to activate inductive and capacitive power in the network. As a result, it aids in improving power quality and transmission efficiency in order to increase AC grid dependability.

Global Flexible AC Transmission Systems (FACTS) Market: Growth Factors

Governments have been concentrating on boosting generating capacity and expanding grid infrastructure over the past few years. As a result, an enormous network of transmission lines has been built to transport electricity from power plants to customers. The power transmission industry will be bolstered by the ongoing development of utility-based transmission networks, as well as growing expenditures in grid infrastructure rehabilitation. The power transmission business will benefit from favorable regulatory revisions relating to the combination of a sustainable electric network and the continuous expansion of cross-border interconnections. Rapid industrial development by industry participants to enhance volume production, along with a preference for the integration of renewable energy infrastructure, will boost product demand even more. China, the United States, and India are all lengthening their transmission lines. As a result, the expansion of transmission lines is propelling the FACTS market forward. Because the initial costs of installing FACTS are very high, most businesses and utility companies are hesitant to embrace this technology. FACTS' global implementation is hampered by its comparatively expensive initial cost investment compared to its competitors. When the financial advantages and return on investment, such as higher annual sales owing to FACTS' enhanced power transfer capacity, are weighed against the original investment cost, the financial benefits and return on investment surpass the initial investment cost. Because of the small sizes and falling prices of FACTS devices, the impact of this constraint is now mild and is likely to diminish in the future years.

Global Flexible AC Transmission Systems (FACTS) Market: Segmentation

The global flexible AC transmission systems (FACTS) market is segregated based on generation type, compensation type, function type, controller type, and region.

First-generation and second-generation makeup generation type segment of the global flexible AC transmission systems (FACTS) industry.  The global flexible AC transmission systems (FACTS) market can be divided into series compensation, shunt compensation, and combined compensation based on the compensation type. SVC, STATCOM, UPFC, TCSC, and Others are the controller type segment of the global flexible AC transmission systems (FACTS) market.

Voltage control, network stabilization, enhanced transmission capacity, power oscillation damping, and power flow management are all examples of FACTS uses in electrical utilities. FACTS devices can offer a cost-effective and efficient way to relieve strain on existing transmission lines while avoiding the high upfront costs of developing new network expansions. The need for FACTS in utilities is likely to rise as a result of this. Because of the high need for power generation, companies like ABB, GE, and Siemens supply FACTS to electric utilities.

Global Flexible AC Transmission Systems (FACTS) Market: Regional Analysis

Due to the growing demand for power transmission solutions, voltage, and power infrastructure in countries such as India and China, the Asia Pacific regional market is projected to lead the Flexible transmission system market. In the past, the North American regional market led the worldwide industry, capturing a large part of the flexible AC transmission system market. In established countries such as North America and Europe, expanding replacement and expansion of existing power infrastructures, as well as integrating renewable sources into power grids, is projected to boost the regional market over the forecasted period. Due to the delayed adoption of flexible AC transmission systems across industry verticals such as manufacturing, railroads, and renewable energy industries, the Middle East and Africa are likely to gain traction.

Global Flexible AC Transmission Systems (FACTS) Market: Competitive Players

Some main participants of the global flexible AC transmission systems (FACTS) market are Hyosung, Infineon Technologies AG, Siemens, GE Grid Solutions, Rongxin Power Ltd, NR Electric, Eaton, Xian Electric Engineering, ABB, Mitsubishi Electric, American Superconductor, Toshiba Corp, Adani Power, CISCO, American Electric Power and Alstom, amongst others.

Global Flexible AC Transmission Systems (FACTS) Market – By Generation Type:

  • First Generation
  • Second Generation

Global Flexible AC Transmission Systems (FACTS) Market – By Compensation Type:

  • Series Compensation
  • Shunt Compensation
  • Combined Compensation

Global Flexible AC Transmission Systems (FACTS) Market – By Controller Type:

  • SVC
  • STATCOM
  • UPFC
  • TCSC
  • Others

Global Flexible AC Transmission Systems (FACTS) Market – By Application:

  • Industrial
  • Utilities
  • Railways
  • Renewables
  • Others

Global Flexible AC Transmission Systems (FACTS) Market – By Region:

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

KEY REPORT POINTERS & HIGHLIGHTS:

  • Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
  • Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
  • Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable  Segments and Sub-segments of the Market
  • Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
  • Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
  • Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
  • Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
  • Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
  • Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
  • Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
  • Technological Roadmap, Patents Analysis, Potential Substitutes, and Technical Analysis
  • The professionally substantiated market research report study is calculated, constructed, and assembled by implementing a Robust Research Methodology. The Triangular Process comprises a buoyant mix of Exhaustive Primary Research (focused interviews, questionnaires, and ad-hoc surveys) and Extended Secondary Research (paid external databases, proprietary in-house database, and publically-available validated sources), where it is finally triangulated and validated through in-house industry experts, industry leaders, and independent consultants through a tri-level quality check practice.

Table of Content

  1. Chapter 1 Executive Summary
    1. 1.1. Introduction of Flexible AC Transmission Systems (FACTS)
    2. 1.2. Global Flexible AC Transmission Systems (FACTS) Market, 2020 & 2026 (USD Million)
    3. 1.3. Global Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    4. 1.4. Global Flexible AC Transmission Systems (FACTS) Market Absolute Revenue Opportunity, 2016 – 2026 (USD Million)
    5. 1.5. Global Flexible AC Transmission Systems (FACTS) Market Incremental Revenue Opportunity, 2020 – 2026 (USD Million)
  2. Chapter 2 Flexible AC Transmission Systems (FACTS) Market – Generation Type Analysis
    1. 2.1. Global Flexible AC Transmission Systems (FACTS) Market – Generation Type Overview
    2. 2.2. Global Flexible AC Transmission Systems (FACTS) Market Share, by Generation Type, 2020 & 2026 (USD Million)
    3. 2.3. First Generation
      1. 2.3.1. Global First Generation Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    4. 2.4. Second Generation
      1. 2.4.1. Global Second Generation Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
  3. Chapter 3 Flexible AC Transmission Systems (FACTS) Market – Compensation Type Analysis
    1. 3.1. Global Flexible AC Transmission Systems (FACTS) Market – Compensation Type Overview
    2. 3.2. Global Flexible AC Transmission Systems (FACTS) Market Share, by Compensation Type, 2020 & 2026 (USD Million)
    3. 3.3. Series Compensation
      1. 3.3.1. Global Series Compensation Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    4. 3.4. Shunt Compensation
      1. 3.4.1. Global Shunt Compensation Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    5. 3.5. Combined Compensation
      1. 3.5.1. Global Combined Compensation Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
  4. Chapter 4 Flexible AC Transmission Systems (FACTS) Market – Controller Type Analysis
    1. 4.1. Global Flexible AC Transmission Systems (FACTS) Market – Controller Type Overview
    2. 4.2. Global Flexible AC Transmission Systems (FACTS) Market Share, by Controller Type, 2020 & 2026 (USD Million)
    3. 4.3. SVC
      1. 4.3.1. Global SVC Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    4. 4.4. STATCOM
      1. 4.4.1. Global STATCOM Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    5. 4.5. UPFC
      1. 4.5.1. Global UPFC Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    6. 4.6. TCSC
      1. 4.6.1. Global TCSC Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    7. 4.7. Others
      1. 4.7.1. Global Others Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
  5. Chapter 5 Flexible AC Transmission Systems (FACTS) Market – Application Analysis
    1. 5.1. Global Flexible AC Transmission Systems (FACTS) Market – Application Overview
    2. 5.2. Global Flexible AC Transmission Systems (FACTS) Market Share, by Application, 2020 & 2026 (USD Million)
    3. 5.3. Industrial
      1. 5.3.1. Global Industrial Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    4. 5.4. Utilities
      1. 5.4.1. Global Utilities Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    5. 5.5. Railways
      1. 5.5.1. Global Railways Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    6. 5.6. Renewables
      1. 5.6.1. Global Renewables Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    7. 5.7. Others
      1. 5.7.1. Global Others Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
  6. Chapter 6 Flexible AC Transmission Systems (FACTS) Market – Regional Analysis
    1. 6.1. Global Flexible AC Transmission Systems (FACTS) Market Regional Overview
    2. 6.2. Global Flexible AC Transmission Systems (FACTS) Market Share, by Region, 2020 & 2026 (USD Million)
    3. 6.3. North America
      1. 6.3.1. North America Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
        1. 6.3.1.1. North America Flexible AC Transmission Systems (FACTS) Market, by Country, 2016 - 2026 (USD Million)
      2. 6.3.2. North America Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026
        1. 6.3.2.1. North America Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026 (USD Million)
      3. 6.3.3. North America Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026
        1. 6.3.3.1. North America Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026 (USD Million)
      4. 6.3.4. North America Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026
        1. 6.3.4.1. North America Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026 (USD Million)
      5. 6.3.5. North America Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026
        1. 6.3.5.1. North America Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026 (USD Million)
      6. 6.3.6. U.S.
        1. 6.3.6.1. U.S. Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      7. 6.3.7. Canada
        1. 6.3.7.1. Canada Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    4. 6.4. Europe
      1. 6.4.1. Europe Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
        1. 6.4.1.1. Europe Flexible AC Transmission Systems (FACTS) Market, by Country, 2016 - 2026 (USD Million)
      2. 6.4.2. Europe Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026
        1. 6.4.2.1. Europe Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026 (USD Million)
      3. 6.4.3. Europe Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026
        1. 6.4.3.1. Europe Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026 (USD Million)
      4. 6.4.4. Europe Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026
        1. 6.4.4.1. Europe Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026 (USD Million)
      5. 6.4.5. Europe Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026
        1. 6.4.5.1. Europe Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026 (USD Million)
      6. 6.4.6. Germany
        1. 6.4.6.1. Germany Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      7. 6.4.7. France
        1. 6.4.7.1. France Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      8. 6.4.8. U.K.
        1. 6.4.8.1. U.K. Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      9. 6.4.9. Italy
        1. 6.4.9.1. Italy Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      10. 6.4.10. Spain
        1. 6.4.10.1. Spain Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      11. 6.4.11. Rest of Europe
        1. 6.4.11.1. Rest of Europe Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    5. 6.5. Asia Pacific
      1. 6.5.1. Asia Pacific Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
        1. 6.5.1.1. Asia Pacific Flexible AC Transmission Systems (FACTS) Market, by Country, 2016 - 2026 (USD Million)
      2. 6.5.2. Asia Pacific Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026
        1. 6.5.2.1. Asia Pacific Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026 (USD Million)
      3. 6.5.3. Asia Pacific Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026
        1. 6.5.3.1. Asia Pacific Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026 (USD Million)
      4. 6.5.4. Asia Pacific Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026
        1. 6.5.4.1. Asia Pacific Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026 (USD Million)
      5. 6.5.5. Asia Pacific Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026
        1. 6.5.5.1. Asia Pacific Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026 (USD Million)
      6. 6.5.6. China
        1. 6.5.6.1. China Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      7. 6.5.7. Japan
        1. 6.5.7.1. Japan Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      8. 6.5.8. India
        1. 6.5.8.1. India Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      9. 6.5.9. South Korea
        1. 6.5.9.1. South Korea Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      10. 6.5.10. South-East Asia
        1. 6.5.10.1. South-East Asia Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      11. 6.5.11. Rest of Asia Pacific
        1. 6.5.11.1. Rest of Asia Pacific Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    6. 6.6. Latin America
      1. 6.6.1. Latin America Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
        1. 6.6.1.1. Latin America Flexible AC Transmission Systems (FACTS) Market, by Country, 2016 - 2026 (USD Million)
      2. 6.6.2. Latin America Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026
        1. 6.6.2.1. Latin America Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026 (USD Million)
      3. 6.6.3. Latin America Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026
        1. 6.6.3.1. Latin America Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026 (USD Million)
      4. 6.6.4. Latin America Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026
        1. 6.6.4.1. Latin America Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026 (USD Million)
      5. 6.6.5. Latin America Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026
        1. 6.6.5.1. Latin America Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026 (USD Million)
      6. 6.6.6. Brazil
        1. 6.6.6.1. Brazil Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      7. 6.6.7. Mexico
        1. 6.6.7.1. Mexico Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      8. 6.6.8. Rest of Latin America
        1. 6.6.8.1. Rest of Latin America Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
    7. 6.7. The Middle-East and Africa
      1. 6.7.1. The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
        1. 6.7.1.1. The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, by Country, 2016 - 2026 (USD Million)
      2. 6.7.2. The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026
        1. 6.7.2.1. The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026 (USD Million)
      3. 6.7.3. The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026
        1. 6.7.3.1. The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026 (USD Million)
      4. 6.7.4. The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026
        1. 6.7.4.1. The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026 (USD Million)
      5. 6.7.5. The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026
        1. 6.7.5.1. The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026 (USD Million)
      6. 6.7.6. GCC Countries
        1. 6.7.6.1. GCC Countries Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      7. 6.7.7. South Africa
        1. 6.7.7.1. South Africa Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      8. 6.7.8. Rest of Middle-East Africa
        1. 6.7.8.1. Rest of Middle-East Africa Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
  7. Chapter 7 Flexible AC Transmission Systems (FACTS) Market – Competitive Landscape
    1. 7.1. Competitor Market Share – Revenue
    2. 7.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 7.3. Strategic Developments
      1. 7.3.1. Acquisitions and Mergers
      2. 7.3.2. New Products
      3. 7.3.3. Research & Development Activities
  8. Chapter 8 Company Profiles
    1. 8.1. Hyosung
      1. 8.1.1. Company Overview
      2. 8.1.2. Product/Service Portfolio
      3. 8.1.3. Hyosung Sales, Revenue, and Gross Margin
      4. 8.1.4. Hyosung Revenue and Growth Rate
      5. 8.1.5. Hyosung Market Share
      6. 8.1.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    2. 8.2. Infineon Technologies AG
      1. 8.2.1. Company Overview
      2. 8.2.2. Product/Service Portfolio
      3. 8.2.3. Infineon Technologies AG Sales, Revenue, and Gross Margin
      4. 8.2.4. Infineon Technologies AG Revenue and Growth Rate
      5. 8.2.5. Infineon Technologies AG Market Share
      6. 8.2.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    3. 8.3. Siemens
      1. 8.3.1. Company Overview
      2. 8.3.2. Product/Service Portfolio
      3. 8.3.3. Siemens Sales, Revenue, and Gross Margin
      4. 8.3.4. Siemens Revenue and Growth Rate
      5. 8.3.5. Siemens Market Share
      6. 8.3.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    4. 8.4. GE Grid Solutions
      1. 8.4.1. Company Overview
      2. 8.4.2. Product/Service Portfolio
      3. 8.4.3. GE Grid Solutions Sales, Revenue, and Gross Margin
      4. 8.4.4. GE Grid Solutions Revenue and Growth Rate
      5. 8.4.5. GE Grid Solutions Market Share
      6. 8.4.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    5. 8.5. Rongxin Power Ltd
      1. 8.5.1. Company Overview
      2. 8.5.2. Product/Service Portfolio
      3. 8.5.3. Rongxin Power Ltd Sales, Revenue, and Gross Margin
      4. 8.5.4. Rongxin Power Ltd Revenue and Growth Rate
      5. 8.5.5. Rongxin Power Ltd Market Share
      6. 8.5.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    6. 8.6. NR Electric
      1. 8.6.1. Company Overview
      2. 8.6.2. Product/Service Portfolio
      3. 8.6.3. NR Electric Sales, Revenue, and Gross Margin
      4. 8.6.4. NR Electric Revenue and Growth Rate
      5. 8.6.5. NR Electric Market Share
      6. 8.6.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    7. 8.7. Eaton
      1. 8.7.1. Company Overview
      2. 8.7.2. Product/Service Portfolio
      3. 8.7.3. Eaton Sales, Revenue, and Gross Margin
      4. 8.7.4. Eaton Revenue and Growth Rate
      5. 8.7.5. Eaton Market Share
      6. 8.7.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    8. 8.8. Xian Electric Engineering
      1. 8.8.1. Company Overview
      2. 8.8.2. Product/Service Portfolio
      3. 8.8.3. Xian Electric Engineering Sales, Revenue, and Gross Margin
      4. 8.8.4. Xian Electric Engineering Revenue and Growth Rate
      5. 8.8.5. Xian Electric Engineering Market Share
      6. 8.8.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    9. 8.9. ABB
      1. 8.9.1. Company Overview
      2. 8.9.2. Product/Service Portfolio
      3. 8.9.3. ABB Sales, Revenue, and Gross Margin
      4. 8.9.4. ABB Revenue and Growth Rate
      5. 8.9.5. ABB Market Share
      6. 8.9.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    10. 8.10. Mitsubishi Electric
      1. 8.10.1. Company Overview
      2. 8.10.2. Product/Service Portfolio
      3. 8.10.3. Mitsubishi Electric Sales, Revenue, and Gross Margin
      4. 8.10.4. Mitsubishi Electric Revenue and Growth Rate
      5. 8.10.5. Mitsubishi Electric Market Share
      6. 8.10.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    11. 8.11. American Superconductor
      1. 8.11.1. Company Overview
      2. 8.11.2. Product/Service Portfolio
      3. 8.11.3. American Superconductor Sales, Revenue, and Gross Margin
      4. 8.11.4. American Superconductor Revenue and Growth Rate
      5. 8.11.5. American Superconductor Market Share
      6. 8.11.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    12. 8.12. Toshiba Corp
      1. 8.12.1. Company Overview
      2. 8.12.2. Product/Service Portfolio
      3. 8.12.3. Toshiba Corp Sales, Revenue, and Gross Margin
      4. 8.12.4. Toshiba Corp Revenue and Growth Rate
      5. 8.12.5. Toshiba Corp Market Share
      6. 8.12.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    13. 8.13. Adani Power
      1. 8.13.1. Company Overview
      2. 8.13.2. Product/Service Portfolio
      3. 8.13.3. Adani Power Sales, Revenue, and Gross Margin
      4. 8.13.4. Adani Power Revenue and Growth Rate
      5. 8.13.5. Adani Power Market Share
      6. 8.13.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    14. 8.14. CISCO
      1. 8.14.1. Company Overview
      2. 8.14.2. Product/Service Portfolio
      3. 8.14.3. CISCO Sales, Revenue, and Gross Margin
      4. 8.14.4. CISCO Revenue and Growth Rate
      5. 8.14.5. CISCO Market Share
      6. 8.14.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    15. 8.15. American Electric Power
      1. 8.15.1. Company Overview
      2. 8.15.2. Product/Service Portfolio
      3. 8.15.3. American Electric Power Sales, Revenue, and Gross Margin
      4. 8.15.4. American Electric Power Revenue and Growth Rate
      5. 8.15.5. American Electric Power Market Share
      6. 8.15.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    16. 8.16. Alstom
      1. 8.16.1. Company Overview
      2. 8.16.2. Product/Service Portfolio
      3. 8.16.3. Alstom Sales, Revenue, and Gross Margin
      4. 8.16.4. Alstom Revenue and Growth Rate
      5. 8.16.5. Alstom Market Share
      6. 8.16.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
    17. 8.17. Others
      1. 8.17.1. Company Overview
      2. 8.17.2. Product/Service Portfolio
      3. 8.17.3. Others Sales, Revenue, and Gross Margin
      4. 8.17.4. Others Revenue and Growth Rate
      5. 8.17.5. Others Market Share
      6. 8.17.6. Recent Initiatives, Funding/VC Activities, and Technological Innovations
  9. Chapter 9 Flexible AC Transmission Systems (FACTS) — Industry Analysis
    1. 9.1. Introduction and Taxonomy
    2. 9.2. Flexible AC Transmission Systems (FACTS) Market – Key Trends
      1. 9.2.1. Market Drivers
      2. 9.2.2. Market Restraints
      3. 9.2.3. Market Opportunities
    3. 9.3. Value Chain Analysis
    4. 9.4. Key Mandates and Regulations
    5. 9.5. Technology Roadmap and Timeline
    6. 9.6. Flexible AC Transmission Systems (FACTS) Market – Attractiveness Analysis
      1. 9.6.1. By Generation Type
      2. 9.6.2. By Compensation Type
      3. 9.6.3. By Controller Type
      4. 9.6.4. By Application
      5. 9.6.5. By Region
  10. Chapter 10 Industrial Chain, Sourcing Strategy, and Downstream Buyers
    1. 10.1. Flexible AC Transmission Systems (FACTS) Industrial Chain Analysis
    2. 10.2. Downstream Buyers
    3. 10.3. Distributors/Traders List
  11. Chapter 11 Marketing Strategy Analysis
    1. 11.1. Marketing Channel
    2. 11.2. Direct Marketing
    3. 11.3. Indirect Marketing
    4. 11.4. Marketing Channel Development Trends
    5. 11.5. Economic/Political Environmental Change
  12. Chapter 12 Report Conclusion & Key Insights
    1. 12.1. Key Insights from Primary Interviews & Surveys Respondents
    2. 12.2. Key Takeaways from Analysts, Consultants, and Industry Leaders
  13. Chapter 13 Research Approach & Methodology
    1. 13.1. Report Description
    2. 13.2. Research Scope
    3. 13.3. Research Methodology
      1. 13.3.1. Secondary Research
      2. 13.3.2. Primary Research
      3. 13.3.3. Statistical Models
        1. 13.3.3.1. Company Share Analysis Model
        2. 13.3.3.2. Revenue Based Modeling
      4. 13.3.4. Research Limitations

      List of Figures

      Fig.1	Product Picture of Flexible AC Transmission Systems (FACTS)
      Fig.2	Global Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.3	Global Flexible AC Transmission Systems (FACTS) Market Absolute Revenue Opportunity, 2016 – 2026 (USD Million)
      Fig.4	Global Flexible AC Transmission Systems (FACTS) Market Incremental Revenue Opportunity, 2020 – 2026 (USD Million)
      Fig.5	Global Flexible AC Transmission Systems (FACTS) Market Share, by Generation Type, 2020 & 2026 (USD Million)
      Fig.6	Global First Generation Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.7	Global Second Generation Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.8	Global Flexible AC Transmission Systems (FACTS) Market Share, by Compensation Type, 2020 & 2026 (USD Million)
      Fig.9	Global Series Compensation Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.10	Global Shunt Compensation Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.11	Global Combined Compensation Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.12	Global Flexible AC Transmission Systems (FACTS) Market Share, by Controller Type, 2020 & 2026 (USD Million)
      Fig.13	Global SVC Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.14	Global STATCOM Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.15	Global UPFC Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.16	Global TCSC Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.17	Global Others Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.18	Global Flexible AC Transmission Systems (FACTS) Market Share, by Application, 2020 & 2026 (USD Million)
      Fig.19	Global Industrial Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.20	Global Utilities Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.21	Global Railways Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.22	Global Renewables Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.23	Global Others Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.24	Global Flexible AC Transmission Systems (FACTS) Market Share, by Region, 2020 & 2026 (USD Million)
      Fig.25	North America Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.26	U.S. Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.27	Canada Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.28	Europe Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.29	Germany Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.30	France Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.31	U.K. Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.32	Italy Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.33	Spain Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.34	Rest of Europe Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.35	Asia Pacific Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.36	China Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.37	Japan Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.38	India Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.39	South  Korea Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.40	South-East Asia Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.41	Rest of Asia Pacific Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.42	Latin America Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.43	Brazil Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.44	Mexico Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.45	Rest of Latin America Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.46	The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.47	GCC Countries Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.48	South Africa Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.49	Rest of Middle-East Africa Flexible AC Transmission Systems (FACTS) Market, 2016 – 2026 (USD Million)
      Fig.50	Competitor Market Share – Revenue
      Fig.51	Hyosung Revenue and Growth Rate
      Fig.52	Hyosung Market Share
      Fig.53	Infineon Technologies AG Revenue and Growth Rate
      Fig.54	Infineon Technologies AG Market Share
      Fig.55	Siemens Revenue and Growth Rate
      Fig.56	Siemens Market Share
      Fig.57	GE Grid Solutions Revenue and Growth Rate
      Fig.58	GE Grid Solutions Market Share
      Fig.59	Rongxin Power Ltd Revenue and Growth Rate
      Fig.60	Rongxin Power Ltd Market Share
      Fig.61	NR Electric Revenue and Growth Rate
      Fig.62	NR Electric Market Share
      Fig.63	Eaton Revenue and Growth Rate
      Fig.64	Eaton Market Share
      Fig.65	Xian Electric Engineering Revenue and Growth Rate
      Fig.66	Xian Electric Engineering Market Share
      Fig.67	ABB Revenue and Growth Rate
      Fig.68	ABB Market Share
      Fig.69	Mitsubishi Electric Revenue and Growth Rate
      Fig.70	Mitsubishi Electric Market Share
      Fig.71	American Superconductor Revenue and Growth Rate
      Fig.72	American Superconductor Market Share
      Fig.73	Toshiba Corp Revenue and Growth Rate
      Fig.74	Toshiba Corp Market Share
      Fig.75	Adani Power Revenue and Growth Rate
      Fig.76	Adani Power Market Share
      Fig.77	CISCO Revenue and Growth Rate
      Fig.78	CISCO Market Share
      Fig.79	American Electric Power Revenue and Growth Rate
      Fig.80	American Electric Power Market Share
      Fig.81	Alstom Revenue and Growth Rate
      Fig.82	Alstom Market Share
      Fig.83	Others Revenue and Growth Rate
      Fig.84	Others Market Share
      Fig.85	Market Dynamics
      Fig.86	Global Flexible AC Transmission Systems (FACTS) – Value Chain Analysis
      Fig.87	Key Mandates and Regulations
      Fig.88	Technology Roadmap and Timeline
      Fig.89	Market Attractiveness Analysis – By Generation Type
      Fig.90	Market Attractiveness Analysis – By Compensation Type
      Fig.91	Market Attractiveness Analysis – By Controller Type
      Fig.92	Market Attractiveness Analysis – By Application
      Fig.93	Market Attractiveness Analysis – By Region
      Fig.94	Flexible AC Transmission Systems (FACTS) Industrial Chain Analysis
      Fig.95	Market Channels
      Fig.96	Marketing Channel Development Trend
      Fig.97	Growth in World Gross Product, 2008-2018
      

      List of Tables

      	
      Table 1	Global Flexible AC Transmission Systems (FACTS) Market, 2020 & 2026 (USD Million)
      Table 2	Global Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026 (USD Million)
      Table 3	Global Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026 (USD Million)
      Table 4	Global Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026 (USD Million)
      Table 5	Global Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026 (USD Million)
      Table 6	Global Flexible AC Transmission Systems (FACTS) Market, by Region, 2016 – 2026 (USD Million)
      Table 7	North America Flexible AC Transmission Systems (FACTS) Market, by Country, 2016 – 2026 (USD Million)
      Table 8	North America Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026 (USD Million)
      Table 9	North America Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026 (USD Million)
      Table 10 North America Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026 (USD Million)
      Table 11 North America Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026 (USD Million)
      Table 12 Europe Flexible AC Transmission Systems (FACTS) Market, by Country, 2016 – 2026 (USD Million)
      Table 13 Europe Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026 (USD Million)
      Table 14 Europe Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026 (USD Million)
      Table 15 Europe Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026 (USD Million)
      Table 16 Europe Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026 (USD Million)
      Table 17 Asia Pacific Flexible AC Transmission Systems (FACTS) Market, by Country, 2016 – 2026 (USD Million)
      Table 18 Asia Pacific Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026 (USD Million)
      Table 19 Asia Pacific Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026 (USD Million)
      Table 20 Asia Pacific Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026 (USD Million)
      Table 21 Asia Pacific Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026 (USD Million)
      Table 22 Latin America Flexible AC Transmission Systems (FACTS) Market, by Country, 2016 – 2026 (USD Million)
      Table 23 Latin America Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026 (USD Million)
      Table 24 Latin America Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026 (USD Million)
      Table 25 Latin America Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026 (USD Million)
      Table 26 Latin America Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026 (USD Million)
      Table 27 The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, by Country, 2016 – 2026 (USD Million)
      Table 28 The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, by Generation Type, 2016 – 2026 (USD Million)
      Table 29 The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, by Compensation Type, 2016 – 2026 (USD Million)
      Table 30 The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, by Controller Type, 2016 – 2026 (USD Million)
      Table 31 The Middle-East and Africa Flexible AC Transmission Systems (FACTS) Market, by Application, 2016 – 2026 (USD Million)
      Table 32 Global Flexible AC Transmission Systems (FACTS) Market - Company Revenue Analysis, 2016 – 2020 (USD Million)
      Table 33 Global Flexible AC Transmission Systems (FACTS) Market - Company Revenue Share Analysis, 2016 – 2020 (%)
      Table 34 Acquisitions and Mergers
      Table 35 Market Drivers – Impact Analysis
      Table 36 Market Restraints
      Table 37 Market Opportunities
      Table 38 Major Buyers of Flexible AC Transmission Systems (FACTS)
      Table 39 Distributors/Traders of Flexible AC Transmission Systems (FACTS) by Region
      

Industry Major Market Players

  • Hyosung
  • Infineon Technologies AG
  • Siemens
  • GE Grid Solutions
  • Rongxin Power Ltd
  • NR Electric
  • Eaton
  • Xian Electric Engineering
  • ABB
  • Mitsubishi Electric
  • American Superconductor
  • Toshiba Corp
  • Adani Power
  • CISCO
  • American Electric Power and Alstom

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