Global Flexible AC Transmission Systems (FACTS) Market Insights, Forecast to 2025

Published On: Apr 2019

Format: PDF

Publisher: QY Research

Pages: 117

Report ID: 262122

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."
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 Flexible AC Transmission Systems (FACTS) market was valued at 1160 Million US$ in 2018 and is projected to reach 1770 Million US$ by 2025, at a CAGR of 5.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Flexible AC Transmission Systems (FACTS).

This report presents the worldwide Flexible AC Transmission Systems (FACTS) market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
ABB
Siemens
RXPE
Sieyuan Electric
Mitsubishi Electric
GE
Toshiba
AMSC
Hyosung

Flexible AC Transmission Systems (FACTS) Breakdown Data by Type
Shunt Compensation
Series Compensation
Others
Flexible AC Transmission Systems (FACTS) Breakdown Data by Application
Metal Industry
Railway
Mining
Utilities
Others

Flexible AC Transmission Systems (FACTS) Production by Region
United States
Europe
China
Japan
Other Regions

Flexible AC Transmission Systems (FACTS) Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Flexible AC Transmission Systems (FACTS) status and future forecast´╝îinvolving, production, revenue, consumption, historical and forecast.
To present the key Flexible AC Transmission Systems (FACTS) manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Flexible AC Transmission Systems (FACTS) :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Flexible AC Transmission Systems (FACTS) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Table of Contents

1 Study Coverage
1.1 Flexible AC Transmission Systems (FACTS) Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Flexible AC Transmission Systems (FACTS) Market Size Growth Rate by Type
1.4.2 Shunt Compensation
1.4.3 Series Compensation
1.4.4 Others
1.5 Market by Application
1.5.1 Global Flexible AC Transmission Systems (FACTS) Market Size Growth Rate by Application
1.5.2 Metal Industry
1.5.3 Railway
1.5.4 Mining
1.5.5 Utilities
1.5.6 Others
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary
2.1 Global Flexible AC Transmission Systems (FACTS) Market Size
2.1.1 Global Flexible AC Transmission Systems (FACTS) Revenue 2014-2025
2.1.2 Global Flexible AC Transmission Systems (FACTS) Production 2014-2025
2.2 Flexible AC Transmission Systems (FACTS) Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Flexible AC Transmission Systems (FACTS) Manufacturers
2.3.2.1 Flexible AC Transmission Systems (FACTS) Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Flexible AC Transmission Systems (FACTS) Product Offered
2.3.2.3 Date of Manufacturers Enter into Flexible AC Transmission Systems (FACTS) Market
2.4 Key Trends for Flexible AC Transmission Systems (FACTS) Markets & Products

3 Market Size by Manufacturers
3.1 Flexible AC Transmission Systems (FACTS) Production by Manufacturers
3.1.1 Flexible AC Transmission Systems (FACTS) Production by Manufacturers
3.1.2 Flexible AC Transmission Systems (FACTS) Production Market Share by Manufacturers
3.2 Flexible AC Transmission Systems (FACTS) Revenue by Manufacturers
3.2.1 Flexible AC Transmission Systems (FACTS) Revenue by Manufacturers (2014-2019)
3.2.2 Flexible AC Transmission Systems (FACTS) Revenue Share by Manufacturers (2014-2019)
3.3 Flexible AC Transmission Systems (FACTS) Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans

4 Flexible AC Transmission Systems (FACTS) Production by Regions
4.1 Global Flexible AC Transmission Systems (FACTS) Production by Regions
4.1.1 Global Flexible AC Transmission Systems (FACTS) Production Market Share by Regions
4.1.2 Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Regions
4.2 United States
4.2.1 United States Flexible AC Transmission Systems (FACTS) Production
4.2.2 United States Flexible AC Transmission Systems (FACTS) Revenue
4.2.3 Key Players in United States
4.2.4 United States Flexible AC Transmission Systems (FACTS) Import & Export
4.3 Europe
4.3.1 Europe Flexible AC Transmission Systems (FACTS) Production
4.3.2 Europe Flexible AC Transmission Systems (FACTS) Revenue
4.3.3 Key Players in Europe
4.3.4 Europe Flexible AC Transmission Systems (FACTS) Import & Export
4.4 China
4.4.1 China Flexible AC Transmission Systems (FACTS) Production
4.4.2 China Flexible AC Transmission Systems (FACTS) Revenue
4.4.3 Key Players in China
4.4.4 China Flexible AC Transmission Systems (FACTS) Import & Export
4.5 Japan
4.5.1 Japan Flexible AC Transmission Systems (FACTS) Production
4.5.2 Japan Flexible AC Transmission Systems (FACTS) Revenue
4.5.3 Key Players in Japan
4.5.4 Japan Flexible AC Transmission Systems (FACTS) Import & Export
4.6 Other Regions
4.6.1 South Korea
4.6.2 India
4.6.3 Southeast Asia

5 Flexible AC Transmission Systems (FACTS) Consumption by Regions
5.1 Global Flexible AC Transmission Systems (FACTS) Consumption by Regions
5.1.1 Global Flexible AC Transmission Systems (FACTS) Consumption by Regions
5.1.2 Global Flexible AC Transmission Systems (FACTS) Consumption Market Share by Regions
5.2 North America
5.2.1 North America Flexible AC Transmission Systems (FACTS) Consumption by Application
5.2.2 North America Flexible AC Transmission Systems (FACTS) Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Flexible AC Transmission Systems (FACTS) Consumption by Application
5.3.2 Europe Flexible AC Transmission Systems (FACTS) Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Flexible AC Transmission Systems (FACTS) Consumption by Application
5.4.2 Asia Pacific Flexible AC Transmission Systems (FACTS) Consumption by Countries
5.4.3 China
5.4.4 Japan
5.4.5 South Korea
5.4.6 India
5.4.7 Australia
5.4.8 Indonesia
5.4.9 Thailand
5.4.10 Malaysia
5.4.11 Philippines
5.4.12 Vietnam
5.5 Central & South America
5.5.1 Central & South America Flexible AC Transmission Systems (FACTS) Consumption by Application
5.5.2 Central & South America Flexible AC Transmission Systems (FACTS) Consumption by Country
5.5.3 Brazil
5.6 Middle East and Africa
5.6.1 Middle East and Africa Flexible AC Transmission Systems (FACTS) Consumption by Application
5.6.2 Middle East and Africa Flexible AC Transmission Systems (FACTS) Consumption by Countries
5.6.3 GCC Countries
5.6.4 Egypt
5.6.5 South Africa

6 Market Size by Type
6.1 Global Flexible AC Transmission Systems (FACTS) Production by Type
6.2 Global Flexible AC Transmission Systems (FACTS) Revenue by Type
6.3 Flexible AC Transmission Systems (FACTS) Price by Type

7 Market Size by Application
7.1 Overview
7.2 Global Flexible AC Transmission Systems (FACTS) Breakdown Dada by Application
7.2.1 Global Flexible AC Transmission Systems (FACTS) Consumption by Application
7.2.2 Global Flexible AC Transmission Systems (FACTS) Consumption Market Share by Application (2014-2019)

8 Manufacturers Profiles
8.1 ABB
8.1.1 ABB Company Details
8.1.2 Company Overview
8.1.3 ABB Flexible AC Transmission Systems (FACTS) Production Revenue and Gross Margin (2014-2019)
8.1.4 ABB Flexible AC Transmission Systems (FACTS) Product Description
8.1.5 ABB Recent Development
8.2 Siemens
8.2.1 Siemens Company Details
8.2.2 Company Overview
8.2.3 Siemens Flexible AC Transmission Systems (FACTS) Production Revenue and Gross Margin (2014-2019)
8.2.4 Siemens Flexible AC Transmission Systems (FACTS) Product Description
8.2.5 Siemens Recent Development
8.3 RXPE
8.3.1 RXPE Company Details
8.3.2 Company Overview
8.3.3 RXPE Flexible AC Transmission Systems (FACTS) Production Revenue and Gross Margin (2014-2019)
8.3.4 RXPE Flexible AC Transmission Systems (FACTS) Product Description
8.3.5 RXPE Recent Development
8.4 Sieyuan Electric
8.4.1 Sieyuan Electric Company Details
8.4.2 Company Overview
8.4.3 Sieyuan Electric Flexible AC Transmission Systems (FACTS) Production Revenue and Gross Margin (2014-2019)
8.4.4 Sieyuan Electric Flexible AC Transmission Systems (FACTS) Product Description
8.4.5 Sieyuan Electric Recent Development
8.5 Mitsubishi Electric
8.5.1 Mitsubishi Electric Company Details
8.5.2 Company Overview
8.5.3 Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Production Revenue and Gross Margin (2014-2019)
8.5.4 Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Product Description
8.5.5 Mitsubishi Electric Recent Development
8.6 GE
8.6.1 GE Company Details
8.6.2 Company Overview
8.6.3 GE Flexible AC Transmission Systems (FACTS) Production Revenue and Gross Margin (2014-2019)
8.6.4 GE Flexible AC Transmission Systems (FACTS) Product Description
8.6.5 GE Recent Development
8.7 Toshiba
8.7.1 Toshiba Company Details
8.7.2 Company Overview
8.7.3 Toshiba Flexible AC Transmission Systems (FACTS) Production Revenue and Gross Margin (2014-2019)
8.7.4 Toshiba Flexible AC Transmission Systems (FACTS) Product Description
8.7.5 Toshiba Recent Development
8.8 AMSC
8.8.1 AMSC Company Details
8.8.2 Company Overview
8.8.3 AMSC Flexible AC Transmission Systems (FACTS) Production Revenue and Gross Margin (2014-2019)
8.8.4 AMSC Flexible AC Transmission Systems (FACTS) Product Description
8.8.5 AMSC Recent Development
8.9 Hyosung
8.9.1 Hyosung Company Details
8.9.2 Company Overview
8.9.3 Hyosung Flexible AC Transmission Systems (FACTS) Production Revenue and Gross Margin (2014-2019)
8.9.4 Hyosung Flexible AC Transmission Systems (FACTS) Product Description
8.9.5 Hyosung Recent Development

9 Production Forecasts
9.1 Flexible AC Transmission Systems (FACTS) Production and Revenue Forecast
9.1.1 Global Flexible AC Transmission Systems (FACTS) Production Forecast 2019-2025
9.1.2 Global Flexible AC Transmission Systems (FACTS) Revenue Forecast 2019-2025
9.2 Flexible AC Transmission Systems (FACTS) Production and Revenue Forecast by Regions
9.2.1 Global Flexible AC Transmission Systems (FACTS) Revenue Forecast by Regions
9.2.2 Global Flexible AC Transmission Systems (FACTS) Production Forecast by Regions
9.3 Flexible AC Transmission Systems (FACTS) Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Flexible AC Transmission Systems (FACTS) Production Forecast by Type
9.4.2 Global Flexible AC Transmission Systems (FACTS) Revenue Forecast by Type

10 Consumption Forecast
10.1 Flexible AC Transmission Systems (FACTS) Consumption Forecast by Application
10.2 Flexible AC Transmission Systems (FACTS) Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Flexible AC Transmission Systems (FACTS) Consumption Forecast by Regions 2019-2025
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Flexible AC Transmission Systems (FACTS) Consumption Forecast by Regions 2019-2025
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Flexible AC Transmission Systems (FACTS) Consumption Forecast by Regions 2019-2025
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Flexible AC Transmission Systems (FACTS) Consumption Forecast by Regions 2019-2025
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Flexible AC Transmission Systems (FACTS) Consumption Forecast by Regions 2019-2025
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa

11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Flexible AC Transmission Systems (FACTS) Sales Channels
11.2.2 Flexible AC Transmission Systems (FACTS) Distributors
11.3 Flexible AC Transmission Systems (FACTS) Customers

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints

13 Key Findings in the Global Flexible AC Transmission Systems (FACTS) Study

14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer