Flexible AC Transmission Systems (FACTS) Market

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• Flexible AC Transmission Systems Market by
  Application, Future Demands, and Key Players, 2025

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• Scope of The Report

• Research report categorizes the Flexible AC
  Transmission Systems (FACTS) Market
• based on Compensation Type, Component,
  Application and Geography.

• By Compensation Type
• Shunt Compensation
• Series Compensation
• Combined Compensation

• By Application
• Voltage control
• Power control

And More
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Key Segments
The FACTS market is projected to reach USD 1.5
billion by 2025 from USD 1.2 billion in 2020 it
is expected to grow at a CAGR of 5.4 during the
forecast period.
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The growth of the FACTS market is driven by the
increasing benefits offered by FACTS, growth in
transmission lines, rising focus on energy
generation using renewable sources, and rising
demand for STATCOM devices for voltage control.
Further, rising investments in transmission
networks, and potential opportunities in APAC are
the opportunities for FACTS manufacturers.
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Browse 184 market data Tables and 41 Figures
spread through 180 Pages and in-depth TOC on
"Flexible AC Transmission Systems Market
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Voltage control dominated facts market, in terms
of size, in 2019 Utilities to dominate FACTS
market during the forecast period
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UK is the major consumer of FACTS in Europe
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• Flexible AC Transmission Systems Market Growth
  Rate

2025
2020
CAGR of 5.4 
Market Size of 1.2 billion
Market Size of 1.5 billion
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• Key Vendors

Vendors

• ABB (HITACHI) (ABB, Switzerland)
• General Electric Company (GE, US)
• Siemens AG (Siemens, Germany)
• Mitsubishi Electric Corporation (Mitsubishi
  Electric, Japan)
• Infineon Technologies AG (Infineon, Germany)
• American Superconductor (AMSC, US)
• NR Electric Co., Ltd. (NR Electric, China)

View Report Here - https//www.marketsandmarkets.c
om/Market-Reports/flexible-ac-transmission-system-
market-1228.html
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• Top Region..

• Americas
• Europe
• APAC
• RoW

View Report Here - https//www.marketsandmarkets.c
om/Market-Reports/flexible-ac-transmission-system-
market-1228.html
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• Frequently Asked Questions (FAQ) of this Report

1. What is the current size of the global FACTS
market?
2. What are the consequences of COVID-19 on
supply chain of FACTS market?
3. What are the latent opportunities in the FACTS
market in the next five years?
4. Which are the major companies in the FACTS
market?
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