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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.
FACTS is defined by the IEEE as "a power electronic based system and other static equipment that provide control of one or more AC transmission system parameters to enhance controllability and increase power transfer capability."
Scope of the Report:
The Flexible AC Transmission Systems (FACTS) market is concerted market; the revenue of top nine manufacturers accounts about 86% of the total revenue in 2017. The high-end products mainly come from USA, Asia-Pacific and Europe.
The leading manufactures mainly are ABB, Siemens, RXPE, Sieyuan Electric, Mitsubishi Electric, GE, Toshiba, AMSC and Hyosung. ABB is the largest manufacturer; its revenue of global market exceeds 31% in 2017.
There are mainly three type product of Flexible AC Transmission Systems (FACTS) market: Shunt Compensation, Series Compensation and Others.
Geographically, the global Flexible AC Transmission Systems (FACTS) market has been segmented into North America, Europe, Asia-Pacific, South America and Middle East and Africa. The Europe held the largest share in the global market, its revenue of global market exceeds 46% in 2017. The next is Asia-Pacific.
The worldwide market for Flexible AC Transmission Systems (FACTS) is expected to grow at a CAGR of roughly 5.4% over the next five years, will reach 1590 million US$ in 2024, from 1160 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Flexible AC Transmission Systems (FACTS) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- ABB
- Siemens
- RXPE
- Sieyuan Electric
- Mitsubishi Electric
- GE
- Toshiba
- AMSC
- Hyosung
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Shunt Compensation
- Series Compensation
- Others
Market Segment by Applications, can be divided into
- Metal Industry
- Railway
- Mining
- Utilities
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Flexible AC Transmission Systems (FACTS) product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Flexible AC Transmission Systems (FACTS), with price, sales, revenue and global market share of Flexible AC Transmission Systems (FACTS) in 2017 and 2018.
Chapter 3, the Flexible AC Transmission Systems (FACTS) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Flexible AC Transmission Systems (FACTS) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Flexible AC Transmission Systems (FACTS) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Flexible AC Transmission Systems (FACTS) sales channel, distributors, customers, research findings and conclusion, appendix and data source.