Global Flexible AC Transmission System FACTS Market Report 2024

Flexible AC Transmission System (FACTS) Global Market Report 2023 - By Product (Static Synchronous Compensator (STATCOM), Static Var Compensator (SVC), Unified Power Flow Controllers (UPFC), Thyristor Controlled Series Compensator (TCSC), By Compensation Type (Shunt Compensation, Series Compensation, Combined Series-Shunt Compensation), By Functionality (Voltage Control, Network Stabilization, Transmission Capacity), By Application (Utilities, Renewables, Industrial, Railways, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

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Flexible AC Transmission System (FACTS) Global Market Report 2023

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A flexible AC transmission system (FACTS) refers to a collection of tools that are used to get around certain restrictions on the electrical networks' capability for static and dynamic transmission. They are used to regulate the voltage, oscillation damping, transient stability improvement, and power flow in transmission lines.

The main products of the flexible AC transmission systems include static synchronous compensator (STATCOM), static vary compensator (SVC), unified power flow controllers (UPFC), and thyristor-controlled series compensator (TCSC). A static synchronous compensator (STATCOM) refers to a power-quality FACTS device that uses multiple inverters or a VSC connected in series to a transmission line. They are operated through various compensation types such as shunt compensation, series compensation, and combined series-shunt compensation and are categorized based on functionality voltage control, network stabilization, and transmission capacity for applications in utilities, renewables, industrial, railways, and other applications.

The global flexible ac transmission system (FACTS) market is segmented -

1) By Product: Static Synchronous Compensator (STATCOM), Static Var Compensator (SVC), Unified Power Flow Controllers (UPFC), Thyristor Controlled Series Compensator (TCSC)

2) By Compensation Type: Shunt Compensation, Series Compensation, Combined Series-Shunt Compensation

3) By Functionality: Voltage Control, Network Stabilization, Transmission Capacity

4) By Application: Utilities, Renewables, Industrial, Railways, Other Applications

The global flexible AC transmission systems market size is expected to grow from $1.32 billion in 2022 to $1.39 billion in 2023 at a compound annual growth rate (CAGR) of 5.84%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global flexible AC transmission systems market  size is expected to reach $1.77 billion in 2027 at a CAGR of 6.16%.

The expansion of grid infrastructure is expected to propel the growth of the flexible AC transmission systems market going forward. Grid infrastructure refers to a system of power plants, power lines, and power substations. Flexible AC Transmission Networks (FACTS) are used in grid infrastructure to increase transmission line capacity and enhance system stability by decreasing a power line's transfer reactance. For instance, in September 2022, the International Energy Agency (IEA), a France-based intergovernmental agency, reported that the grid infrastructure between 2021 and 2030 would grow 44-fold to 680 GW. Increasing from 6 GW in 2021, about 140 GW of capacity will be created in 2030. Therefore, the expansion of the grid infrastructure is driving the growth of the flexible AC transmission systems market going forward.

Major players in the flexible ac transmission system (FACTS) market are ABB Ltd., Adani Power Limited, Alstom SA, Mitsubishi Electric Corporation, CG Power And Industrial Solutions, Hyosung Heavy Industries, General Electric, Siemens AG, Eaton Corporation PLC., NR Electric Co. Ltd., American Superconductor, Liaoning Rongxin Xingye Power Technology Co. Ltd., CG Power And Industrial Solutions Ltd., Toshiba Corporation and American Electric Power.

Technological innovations are a key trend gaining popularity in the flexible AC transmission systems market. Companies operating in the flexible AC transmission systems market are adopting new technologies to sustain their position in the market. For instance, in September 2020, Siemens Energy AG, a German-based manufacturer of gas turbines, steam turbines, generators, and transformers, launched UPFC Plus (Unified Power Flow Controller), which is a combination of STATCOM (Static Synchronous Compensator) and Static Synchronous Series Compensator (SSSC) based on VSC (Voltage Source Converter) technology. The UPFC PLUS would assist system operators in grid stabilization by dynamically managing load flow in alternating-current grids. This also expands grid operators' ability to respond quickly to shifting power demand to enable renewable energy integration while also ensuring grid resilience and stability.

In November 2022, DNV AS, a Norway-based global independent expert, acquired PSD Consulting Engineers Ltd. for an undisclosed amount. This acquisition will be crucial to DNV's service offerings in the areas of power system planning and flexible AC transmission systems (FACTS), enhancing its offerings to the world's power market with PSD's international project references, global customer portfolio, and international reputation for FACTS advisory services. PSD Consulting Engineering Pty. Ltd is a South African-based, company that performs engineering design work for HVDC, series capacitors, dynamic and static shunt compensation and transmission and distribution lines and substations.

North America was the largest region in the flexible AC transmission systems (FACTS) market in 2022. Europe is expected to be the fastest-growing region in the global flexible AC transmission systems market during the forecast period. The regions covered in the global flexible AC transmission systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the flexible AC transmission systems (FACTS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The flexible AC transmission systems market consists of revenues earned by entities by providing services such as power flow control, voltage control, power conditioning, power quality improvement, and stability improvement. The market value includes the value of related goods sold by the service provider or included within the service offering. The flexible AC transmission systems market also includes sales of shunt controllers, series controllers, and phase angle controllers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The flexible AC transmissions systems market research report is one of a series of new reports from The Business Research Company that provides flexible AC transmissions systems optical components market statistics, including flexible AC transmissions systems optical components industry global market size, regional shares, competitors with a flexible AC transmissions systems optical components market share, detailed flexible AC transmissions systems optical components market segments, market trends, and opportunities, and any further data you may need to thrive in the flexible AC transmissions systems optical components industry. This flexible AC transmission systems optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

    Table Of Contents

    1. Executive Summary

    2. Flexible AC Transmission System (FACTS) Market Characteristics

    3. Flexible AC Transmission System (FACTS) Market Trends And Strategies

    4. Flexible AC Transmission System (FACTS) Market - Macro Economic Scenario

    4.1. COVID-19 Impact On Flexible AC Transmission System (FACTS) Market

    4.2. Ukraine-Russia War Impact On Flexible AC Transmission System (FACTS) Market

    4.3. Impact Of High Inflation On Flexible AC Transmission System (FACTS) Market

    5. Flexible AC Transmission System (FACTS) Market Size And Growth

    5.1. Global Flexible AC Transmission System (FACTS) Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Flexible AC Transmission System (FACTS) Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Flexible AC Transmission System (FACTS) Market Segmentation

    6.1. Global Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Static Synchronous Compensator (STATCOM)

    Static Var Compensator (SVC)

    Unified Power Flow Controllers (UPFC)

    Thyristor Controlled Series Compensator (TCSC)

    6.2. Global Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Shunt Compensation

    Series Compensation

    Combined Series-Shunt Compensation

    6.3. Global Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Voltage Control

    Network Stabilization

    Transmission Capacity

    6.4. Global Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Utilities

    Renewables

    Industrial

    Railways

    Other Applications

    7. Flexible AC Transmission System (FACTS) Market Regional And Country Analysis

    7.1. Global Flexible AC Transmission System (FACTS) Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Flexible AC Transmission System (FACTS) Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Flexible AC Transmission System (FACTS) Market

    8.1. Asia-Pacific Flexible AC Transmission System (FACTS) Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8.3. Asia-Pacific Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Flexible AC Transmission System (FACTS) Market

    9.1. China Flexible AC Transmission System (FACTS) Market Overview

    9.2. China Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    9.3. China Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Flexible AC Transmission System (FACTS) Market

    10.1. India Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    10.2. India Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Flexible AC Transmission System (FACTS) Market

    11.1. Japan Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11.2. Japan Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Flexible AC Transmission System (FACTS) Market

    12.1. Australia Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12.2. Australia Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Flexible AC Transmission System (FACTS) Market

    13.1. Indonesia Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13.2. Indonesia Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Flexible AC Transmission System (FACTS) Market

    14.1. South Korea Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14.2. South Korea Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Flexible AC Transmission System (FACTS) Market

    15.1. Western Europe Flexible AC Transmission System (FACTS) Market Overview

    15.2. Western Europe Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15.3. Western Europe Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Flexible AC Transmission System (FACTS) Market

    16.1. UK Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16.2. UK Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Flexible AC Transmission System (FACTS) Market

    17.1. Germany Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17.2. Germany Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Flexible AC Transmission System (FACTS) Market

    18.4. France Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18.5. France Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Flexible AC Transmission System (FACTS) Market

    19.1. Eastern Europe Flexible AC Transmission System (FACTS) Market Overview

    19.2. Eastern Europe Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19.3. Eastern Europe Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Flexible AC Transmission System (FACTS) Market

    20.1. Russia Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20.2. Russia Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Flexible AC Transmission System (FACTS) Market

    21.1. North America Flexible AC Transmission System (FACTS) Market Overview

    21.2. North America Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21.3. North America Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Flexible AC Transmission System (FACTS) Market

    22.1. USA Flexible AC Transmission System (FACTS) Market Overview

    22.2. USA Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22.3. USA Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Flexible AC Transmission System (FACTS) Market

    23.1. South America Flexible AC Transmission System (FACTS) Market Overview

    23.2. South America Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23.3. South America Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Flexible AC Transmission System (FACTS) Market

    24.1. Brazil Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24.2. Brazil Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Flexible AC Transmission System (FACTS) Market

    25.1. Middle East Flexible AC Transmission System (FACTS) Market Overview

    25.2. Middle East Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25.3. Middle East Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Flexible AC Transmission System (FACTS) Market

    26.1. Africa Flexible AC Transmission System (FACTS) Market Overview

    26.2. Africa Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26.3. Africa Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Flexible AC Transmission System (FACTS) Market Competitive Landscape And Company Profiles

    27.1. Flexible AC Transmission System (FACTS) Market Competitive Landscape

    27.2. Flexible AC Transmission System (FACTS) Market Company Profiles

    27.2.1. ABB Ltd.

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Adani Power Limited

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Alstom SA

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Mitsubishi Electric Corporation

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. CG Power And Industrial Solutions

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Flexible AC Transmission System (FACTS) Market

    29. Flexible AC Transmission System (FACTS) Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Flexible AC Transmission System (FACTS) Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Global Flexible AC Transmission System (FACTS) Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: Asia-Pacific, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: Asia-Pacific, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: China, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: China, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: India, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: India, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Japan, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: Japan, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Australia, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: Australia, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Indonesia, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Indonesia, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: South Korea, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: South Korea, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: Western Europe, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: Western Europe, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: UK, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: UK, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: Germany, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 28: Germany, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 29: France, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 30: France, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 31: Eastern Europe, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 32: Eastern Europe, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 33: Russia, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 34: Russia, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 35: North America, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 36: North America, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 37: USA, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 38: USA, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 39: South America, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 40: South America, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 41: Brazil, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 42: Brazil, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 43: Middle East, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 44: Middle East, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 45: Africa, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 46: Africa, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 47: ABB Ltd. Financial Performance
  • Table 48: Adani Power Limited Financial Performance
  • Table 49: Alstom SA Financial Performance
  • Table 50: Mitsubishi Electric Corporation Financial Performance
  • Table 51: CG Power And Industrial Solutions Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Flexible AC Transmission System (FACTS) Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Global Flexible AC Transmission System (FACTS) Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: Asia-Pacific, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: Asia-Pacific, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: China, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: China, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: India, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: India, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Japan, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: Japan, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Australia, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: Australia, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Indonesia, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Indonesia, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: South Korea, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: South Korea, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: Western Europe, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: Western Europe, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: UK, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: UK, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: Germany, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 28: Germany, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 29: France, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 30: France, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 31: Eastern Europe, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 32: Eastern Europe, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 33: Russia, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 34: Russia, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 35: North America, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 36: North America, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 37: USA, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 38: USA, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 39: South America, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 40: South America, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 41: Brazil, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 42: Brazil, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 43: Middle East, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 44: Middle East, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 45: Africa, Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 46: Africa, Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 47: ABB Ltd. Financial Performance
  • Figure 48: Adani Power Limited Financial Performance
  • Figure 49: Alstom SA Financial Performance
  • Figure 50: Mitsubishi Electric Corporation Financial Performance
  • Figure 51: CG Power And Industrial Solutions Financial Performance
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