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.
The report offers detailed coverage of Flexible Alternating Current Transmission Systems (FACTS) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Flexible Alternating Current Transmission Systems (FACTS) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Flexible Alternating Current Transmission Systems (FACTS) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Flexible Alternating Current Transmission Systems (FACTS) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
ABB
Siemens
RXPE
Sieyuan Electric
Mitsubishi Electric
GE
Toshiba
AMSC
Hyosung
At the same time, we classify Flexible Alternating Current Transmission Systems (FACTS) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Shunt Compensation
Series Compensation
Others
Market by Application
Metal Industry
Railway
Mining
Utilities
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Flexible Alternating Current Transmission Systems (FACTS) market for the forecast period 2021 - 2025?
• What are the driving forces in the Flexible Alternating Current Transmission Systems (FACTS) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Flexible Alternating Current Transmission Systems (FACTS) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?