Flexible AC Transmission Systems (FACTS) Market with Covid-19 Impact Analysis by Compensation Type (Shunt, Series, and Combined), Generation Type, Vertical, Component, Application, Functionality, and Geography - Global Forecast to 2025

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

2. Scope of The Report
Research report categorizes the Flexible AC Transmission Systems (FACTS) Market
based on Compensation Type, Component, Application and Geography.
And More…
By Compensation Type
• Shunt Compensation
• Series Compensation
• Combined Compensation
By Application
• Voltage control
• Power control

3. Key Segments
UK is the major consumer of FACTS in Europe
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.
Browse 184 market data Tables and 41 Figures spread through 180
Pages and in-depth TOC on "Flexible AC Transmission Systems
Market”
Voltage control dominated facts market, in terms of size, in 2019
Utilities to dominate FACTS market during the forecast period
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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4. Flexible AC Transmission Systems Market Growth Rate
2025
Market Size of $
1.2 billion
Market Size of
$ 1.5 billion
2020
CAGR of 5.4%

5. Key Vendors
Vendors
View Report Here - https://www.marketsandmarkets.com/Market-Reports/flexibl
e-ac-transmission-system-market-1228.html
• 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)

6. Top Region..
• Americas
• Europe
• APAC
• RoW
View Report Here - https://www.marketsandmarkets.com/Market-Reports/flexible-ac-transmission-system-ma
rket-1228.html

7. 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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