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Global Flexible AC Transmission Systems (FACTS) Market Analysis & Trends - Industry Forcast to 2028

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The Global Flexible AC Transmission Systems (FACTS) Market is poised to grow strong during the forecast period 2018 to 2028. Some of the prominent trends that the market is witnessing include increase in dependency on renewable energy resources, rising investments in transmission network, and emergence of smart grids. By generation type, the market is bifurcated into first generation and second generation. On the basis of function, the market is segmented into transmission capacity, voltage control, harmonic suppression, and network stabilization. Based on the components, the market is fragmented into phase shifting transformers, protection and control systems, surge arresters, general lighting service switchgear, and power electronic devices. The power electronic devices are sub-segmented into thyristors, reactors, and capacitor banks. With respect to the compensation type, the market is segmented into series compensation, shunt compensation, and combined compensation. The series compensation is sub-segmented into thyristor series capacitor and fixed series capacitor. The shunt compensation is sub-segmented into static compensator (Statcom) and static var compensation (SVC). On the contrary to voltage, the market is divided into > 660 kV, > 220 kV to 660 kV, and 132 kV to 220 kV. Depending upon application, the market is classified into dynamic, steady state, and other applications. The dynamic is sub-segmented into dynamic voltage control, transient stability enhancement, power system interconnection, oscillation damping, and sub synchronous resonance (SSR) elimination. The steady state is further fragmented into available transfer capability (ATC) improvement, loading margin improvement, reactive power and voltage control, congestion management, and power flow balancing and control. On the basis of end user, the market is segregated into railways, smart grid, renewables, metal & mining industries, utilities, industrial, and oil & gas. The renewables are sub-segmented into solar, wind, offshore, and onshore. This industry report analyses the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2017, 2018 revenue estimations are presented for 2019 and forecasts for 2023 and 2028. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants, and the future investors. The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub-segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures. This report provides data tables, includes charts and graphs for visual analysis. Regional Analysis: North America - US - Canada - Mexico Europe - France - Germany - Italy - Spain - UK - Rest of Europe Asia Pacific - China - Japan - India - Australia - New Zealand - Rest of Asia Pacific Middle East - Saudi Arabia - UAE - Rest of Middle East Latin America - Argentina - Brazil - Rest of Latin America Rest of the World - South Africa - Others Report Highlights: - The report provides a detailed analysis of current and future market trends to identify the investment opportunities - Market forecasts till 2027, using estimated market values as the base numbers - Key market trends across the business segments, Regions and Countries - Key developments and strategies observed in the market - Market Dynamics such as Drivers, Restraints, Opportunities and other trends - In-depth company profiles of key players and upcoming prominent players - Growth prospects among the emerging nations through 2027 - Market opportunities and recommendations for new investments

1 Market Outline 1.1 Research Methodology 1.1.1 Research Approach & Sources 1.2 Market Trends 1.3 Regulatory Factors 1.4 Application Analysis 1.5 End User Analysis 1.6 Strategic Benchmarking 1.7 Opportunity Analysis 2 Executive Summary 3 Market Overview 3.1 Current Trends 3.1.1 Increase in Dependency on Renewable Energy Resources 3.1.2 Rising Investments in Transmission Network 3.1.3 Emergence of Smart Grids 3.1.4 Growth Opportunities/Investment Opportunities 3.2 Drivers 3.3 Constraints 3.4 Industry Attractiveness 3.4.1 Bargaining power of suppliers 3.4.2 Bargaining power of buyers 3.4.3 Threat of substitutes 3.4.4 Threat of new entrants 3.4.5 Competitive rivalry 4 Flexible AC Transmission Systems (FACTS) Market, By Generation Type 4.1 First Generation DATA TABLE First Generation Market Forecast to 2028 (US$ MN) 4.2 Second Generation DATA TABLE Second Generation Market Forecast to 2028 (US$ MN) 5 Flexible AC Transmission Systems (FACTS) Market, By Function 5.1 Transmission Capacity DATA TABLE Transmission Capacity Market Forecast to 2028 (US$ MN) 5.2 Voltage Control DATA TABLE Voltage Control Market Forecast to 2028 (US$ MN) 5.3 Harmonic Suppression DATA TABLE Harmonic Suppression Market Forecast to 2028 (US$ MN) 5.4 Network Stabilization DATA TABLE Network Stabilization Market Forecast to 2028 (US$ MN) 6 Flexible AC Transmission Systems (FACTS) Market, By Components 6.1 Phase Shifting Transformers DATA TABLE Phase Shifting Transformers Market Forecast to 2028 (US$ MN) 6.2 Protection and Control Systems DATA TABLE Protection and Control Systems Market Forecast to 2028 (US$ MN) 6.3 Surge Arresters DATA TABLE Surge Arresters Market Forecast to 2028 (US$ MN) 6.4 General Lighting Service Switchgear DATA TABLE General Lighting Service Switchgear Market Forecast to 2028 (US$ MN) 6.5 Power Electronic Devices DATA TABLE Power Electronic Devices Market Forecast to 2028 (US$ MN) 6.5.1 Thyristors DATA TABLE Thyristors Market Forecast to 2028 (US$ MN) 6.5.2 Reactors DATA TABLE Reactors Market Forecast to 2028 (US$ MN) 6.5.3 Capacitor Banks DATA TABLE Capacitor Banks Market Forecast to 2028 (US$ MN) 7 Flexible AC Transmission Systems (FACTS) Market, By Compensation Type 7.1 Series Compensation DATA TABLE Series Compensation Market Forecast to 2028 (US$ MN) 7.1.1 Thyristor Series Capacitor DATA TABLE Thyristor Series Capacitor Market Forecast to 2028 (US$ MN) 7.1.2 Fixed Series Capacitor DATA TABLE Fixed Series Capacitor Market Forecast to 2028 (US$ MN) 7.2 Shunt Compensation DATA TABLE Shunt Compensation Market Forecast to 2028 (US$ MN) 7.2.1 Static Compensator (Statcom) DATA TABLE Static Compensator (Statcom) Market Forecast to 2028 (US$ MN) 7.2.2 Static Var Compensation (SVC) DATA TABLE Static Var Compensation (SVC) Market Forecast to 2028 (US$ MN) 7.3 Combined Compensation DATA TABLE Combined Compensation Market Forecast to 2028 (US$ MN) 8 Flexible AC Transmission Systems (FACTS) Market, By Voltage 8.1 > 660 kV DATA TABLE > 660 kV Market Forecast to 2028 (US$ MN) 8.2 > 220 kV to 660 kV DATA TABLE > 220 kV to 660 kV Market Forecast to 2028 (US$ MN) 8.3 132 kV to 220 kV DATA TABLE 132 kV to 220 kV Market Forecast to 2028 (US$ MN) 9 Flexible AC Transmission Systems (FACTS) Market, By Application 9.1 Dynamic DATA TABLE Dynamic Market Forecast to 2028 (US$ MN) 9.1.1 Dynamic Voltage Control DATA TABLE Dynamic Voltage Control Market Forecast to 2028 (US$ MN) 9.1.2 Transient Stability Enhancement DATA TABLE Transient Stability Enhancement Market Forecast to 2028 (US$ MN) 9.1.3 Power System Interconnection DATA TABLE Power System Interconnection Market Forecast to 2028 (US$ MN) 9.1.4 Oscillation Damping DATA TABLE Oscillation Damping Market Forecast to 2028 (US$ MN) 9.1.5 Simple Sequence Repeat (SSR) Elimination DATA TABLE Simple Sequence Repeat (SSR) Elimination Market Forecast to 2028 (US$ MN) 9.2 Steady State DATA TABLE Steady State Market Forecast to 2028 (US$ MN) 9.2.1 Available Transfer Capability (ATC) Improvement DATA TABLE Available Transfer Capability (ATC) Improvement Market Forecast to 2028 (US$ MN) 9.2.2 Loading Margin Improvement DATA TABLE Loading Margin Improvement Market Forecast to 2028 (US$ MN) 9.2.3 Reactive Power and Voltage Control DATA TABLE Reactive Power and Voltage Control Market Forecast to 2028 (US$ MN) 9.2.4 Congestion Management DATA TABLE Congestion Management Market Forecast to 2028 (US$ MN) 9.2.5 Power Flow Balancing and Control DATA TABLE Power Flow Balancing and Control Market Forecast to 2028 (US$ MN) 9.3 Other Applications DATA TABLE Other Applications Market Forecast to 2028 (US$ MN) 10 Flexible AC Transmission Systems (FACTS) Market, By End User 10.1 Railways DATA TABLE Railways Market Forecast to 2028 (US$ MN) 10.2 Smart Grid DATA TABLE Smart Grid Market Forecast to 2028 (US$ MN) 10.3 Renewables DATA TABLE Renewables Market Forecast to 2028 (US$ MN) 10.3.1 Solar DATA TABLE Solar Market Forecast to 2028 (US$ MN) 10.3.2 Wind DATA TABLE Wind Market Forecast to 2028 (US$ MN) 10.3.3 Offshore DATA TABLE Offshore Market Forecast to 2028 (US$ MN) 10.3.4 Onshore DATA TABLE Onshore Market Forecast to 2028 (US$ MN) 10.4 Metal & Mining Industries DATA TABLE Metal & Mining Industries Market Forecast to 2028 (US$ MN) 10.5 Utilities DATA TABLE Utilities Market Forecast to 2028 (US$ MN) 10.6 Industrial DATA TABLE Industrial Market Forecast to 2028 (US$ MN) 10.7 Oil & Gas DATA TABLE Oil & Gas Market Forecast to 2028 (US$ MN) 11 Flexible AC Transmission Systems (FACTS) Market, By Geography 11.1 North America DATA TABLE North America Market Forecast by Countries to 2028 (US$ MN) 11.1.1 US 11.1.2 Canada 11.1.3 Mexico 11.2 Europe DATA TABLE Europe Market Forecast by Countries to 2028 (US$ MN) 11.2.1 Germany 11.2.2 U.K 11.2.3 Italy 11.2.4 France 11.2.5 Spain 11.2.6 Rest of Europe 11.3 Asia Pacific DATA TABLE Asia Pacific Market Forecast by Countries to 2028 (US$ MN) 11.3.1 China 11.3.2 Japan 11.3.3 India 11.3.4 Australia 11.3.5 New Zealand 11.3.6 Rest of Asia Pacific 11.4 Middle East DATA TABLE Middle East Market Forecast by Countries to 2028 (US$ MN) 11.4.1 Saudi Arabia 11.4.2 UAE 11.4.3 Rest of Middle East 11.5 Latin America DATA TABLE Latin America Market Forecast by Countries to 2028 (US$ MN) 11.5.1 Argentina 11.5.2 Brazil 11.5.3 Rest of Latin America 11.6 Rest of the World (RoW) DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2028 (US$ MN) 11.6.1 South Africa 11.6.2 Others 12 Key Player Activities 12.1 Acquisitions & Mergers 12.2 Agreements, Partnerships, Collaborations and Joint Ventures 12.3 Product Launch & Expansions 12.4 Other Activities 13 Leading Companies 13.1 Siemens 13.2 ABB 13.3 General Electric (GE) 13.4 Bharat Heavy Electricals Limited (BHEL) 13.5 Mitsubishi Electric 13.6 NR Electric 13.7 Comsys 13.8 American Superconductor 13.9 Rongxin Power Engineering Ltd (RXPE) 13.10 Quanta Technology 13.11 Merus Power Dynamics Oy 13.12 Hyosung Heavy Industries 13.13 Infineon 13.14 Sieyuan Electric Co Ltd 13.15 Ingeteam Power Technology List of Tables Table 1 Global Flexible AC Transmission Systems (FACTS) Market By Region, Market Forecast (2016-2028) (US $MN) Table 2 Global Flexible AC Transmission Systems (FACTS) Market By Generation Type, Market Forecast (2016-2028) (US $MN) Table 3 Global Flexible AC Transmission Systems (FACTS) Market By First Generation, Market Forecast (2016-2028) (US $MN) Table 4 Global Flexible AC Transmission Systems (FACTS) Market By Second Generation, Market Forecast (2016-2028) (US $MN) Table 5 Global Flexible AC Transmission Systems (FACTS) Market By Function, Market Forecast (2016-2028) (US $MN) Table 6 Global Flexible AC Transmission Systems (FACTS) Market By Transmission Capacity, Market Forecast (2016-2028) (US $MN) Table 7 Global Flexible AC Transmission Systems (FACTS) Market By Voltage Control, Market Forecast (2016-2028) (US $MN) Table 8 Global Flexible AC Transmission Systems (FACTS) Market By Harmonic Suppression, Market Forecast (2016-2028) (US $MN) Table 9 Global Flexible AC Transmission Systems (FACTS) Market By Network Stabilization, Market Forecast (2016-2028) (US $MN) Table 10 Global Flexible AC Transmission Systems (FACTS) Market By Components, Market Forecast (2016-2028) (US $MN) Table 11 Global Flexible AC Transmission Systems (FACTS) Market By Phase Shifting Transformers, Market Forecast (2016-2028) (US $MN) Table 12 Global Flexible AC Transmission Systems (FACTS) Market By Protection and Control Systems, Market Forecast (2016-2028) (US $MN) Table 13 Global Flexible AC Transmission Systems (FACTS) Market By Surge Arresters, Market Forecast (2016-2028) (US $MN) Table 14 Global Flexible AC Transmission Systems (FACTS) Market By General Lighting Service Switchgear, Market Forecast (2016-2028) (US $MN) Table 15 Global Flexible AC Transmission Systems (FACTS) Market By Power Electronic Devices, Market Forecast (2016-2028) (US $MN) Table 16 Global Flexible AC Transmission Systems (FACTS) Market By Thyristors, Market Forecast (2016-2028) (US $MN) Table 17 Global Flexible AC Transmission Systems (FACTS) Market By Reactors, Market Forecast (2016-2028) (US $MN) Table 18 Global Flexible AC Transmission Systems (FACTS) Market By Capacitor Banks, Market Forecast (2016-2028) (US $MN) Table 19 Global Flexible AC Transmission Systems (FACTS) Market By Compensation Type, Market Forecast (2016-2028) (US $MN) Table 20 Global Flexible AC Transmission Systems (FACTS) Market By Series Compensation, Market Forecast (2016-2028) (US $MN) Table 21 Global Flexible AC Transmission Systems (FACTS) Market By Thyristor Series Capacitor, Market Forecast (2016-2028) (US $MN) Table 22 Global Flexible AC Transmission Systems (FACTS) Market By Fixed Series Capacitor, Market Forecast (2016-2028) (US $MN) Table 23 Global Flexible AC Transmission Systems (FACTS) Market By Shunt Compensation, Market Forecast (2016-2028) (US $MN) Table 24 Global Flexible AC Transmission Systems (FACTS) Market By Static Compensator (Statcom), Market Forecast (2016-2028) (US $MN) Table 25 Global Flexible AC Transmission Systems (FACTS) Market By Static Var Compensation (SVC), Market Forecast (2016-2028) (US $MN) Table 26 Global Flexible AC Transmission Systems (FACTS) Market By Combined Compensation, Market Forecast (2016-2028) (US $MN) Table 27 Global Flexible AC Transmission Systems (FACTS) Market By Voltage, Market Forecast (2016-2028) (US $MN) Table 28 Global Flexible AC Transmission Systems (FACTS) Market By > 660 kV, Market Forecast (2016-2028) (US $MN) Table 29 Global Flexible AC Transmission Systems (FACTS) Market By > 220 kV to 660 kV, Market Forecast (2016-2028) (US $MN) Table 30 Global Flexible AC Transmission Systems (FACTS) Market By 132 kV to 220 kV, Market Forecast (2016-2028) (US $MN) Table 31 Global Flexible AC Transmission Systems (FACTS) Market By Application, Market Forecast (2016-2028) (US $MN) Table 32 Global Flexible AC Transmission Systems (FACTS) Market By Dynamic, Market Forecast (2016-2028) (US $MN) Table 33 Global Flexible AC Transmission Systems (FACTS) Market By Dynamic Voltage Control, Market Forecast (2016-2028) (US $MN) Table 34 Global Flexible AC Transmission Systems (FACTS) Market By Transient Stability Enhancement, Market Forecast (2016-2028) (US $MN) Table 35 Global Flexible AC Transmission Systems (FACTS) Market By Power System Interconnection, Market Forecast (2016-2028) (US $MN) Table 36 Global Flexible AC Transmission Systems (FACTS) Market By Oscillation Damping, Market Forecast (2016-2028) (US $MN) Table 37 Global Flexible AC Transmission Systems (FACTS) Market By Simple Sequence Repeat (SSR) Elimination, Market Forecast (2016-2028) (US $MN) Table 38 Global Flexible AC Transmission Systems (FACTS) Market By Steady State, Market Forecast (2016-2028) (US $MN) Table 39 Global Flexible AC Transmission Systems (FACTS) Market By Available Transfer Capability (ATC) Improvement, Market Forecast (2016-2028) (US $MN) Table 40 Global Flexible AC Transmission Systems (FACTS) Market By Loading Margin Improvement, Market Forecast (2016-2028) (US $MN) Table 41 Global Flexible AC Transmission Systems (FACTS) Market By Reactive Power and Voltage Control, Market Forecast (2016-2028) (US $MN) Table 42 Global Flexible AC Transmission Systems (FACTS) Market By Congestion Management, Market Forecast (2016-2028) (US $MN) Table 43 Global Flexible AC Transmission Systems (FACTS) Market By Power Flow Balancing and Control, Market Forecast (2016-2028) (US $MN) Table 44 Global Flexible AC Transmission Systems (FACTS) Market By Other Applications, Market Forecast (2016-2028) (US $MN) Table 45 Global Flexible AC Transmission Systems (FACTS) Market By End User, Market Forecast (2016-2028) (US $MN) Table 46 Global Flexible AC Transmission Systems (FACTS) Market By Railways, Market Forecast (2016-2028) (US $MN) Table 47 Global Flexible AC Transmission Systems (FACTS) Market By Smart Grid, Market Forecast (2016-2028) (US $MN) Table 48 Global Flexible AC Transmission Systems (FACTS) Market By Renewables, Market Forecast (2016-2028) (US $MN) Table 49 Global Flexible AC Transmission Systems (FACTS) Market By Solar, Market Forecast (2016-2028) (US $MN) Table 50 Global Flexible AC Transmission Systems (FACTS) Market By Wind, Market Forecast (2016-2028) (US $MN) Table 51 Global Flexible AC Transmission Systems (FACTS) Market By Offshore, Market Forecast (2016-2028) (US $MN) Table 52 Global Flexible AC Transmission Systems (FACTS) Market By Onshore, Market Forecast (2016-2028) (US $MN) Table 53 Global Flexible AC Transmission Systems (FACTS) Market By Metal & Mining Industries, Market Forecast (2016-2028) (US $MN) Table 54 Global Flexible AC Transmission Systems (FACTS) Market By Utilities, Market Forecast (2016-2028) (US $MN) Table 55 Global Flexible AC Transmission Systems (FACTS) Market By Industrial, Market Forecast (2016-2028) (US $MN) Table 56 Global Flexible AC Transmission Systems (FACTS) Market By Oil & Gas, Market Forecast (2016-2028) (US $MN) NOTE: Tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World are represented in the same manner above.

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