+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

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

  • PDF Icon

    Report

  • 174 Pages
  • August 2020
  • Region: Global
  • Markets and Markets
  • ID: 5141826
Description Jump to:

Rising demand for STATCOM devices for voltage control

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.

FACTS devices are employed across the world to cater to high power quality and network reliability needs. This has led to an increased demand for STATCOM. STATCOM is a power electronic device that uses commutated devices such as GTO and IGBT to regulate reactive power flow through a power network, thereby increasing the stability of a power network. STATCOM is used to stabilize the network voltage in order to keep it constant at a set reference value. The increasing demand for electricity, growing need for renewable electricity generation, rising stringent regulations by regulatory authorities pertaining to power quality, and increasing need for upgrading aging transmission infrastructure are among the factors driving the growth of the STATCOM market, which would, in turn, boost the growth of the FACTS market.

The market for shunt compensation led the FACTS market

Shunt compensation is used for various applications such as voltage stabilization, dynamic reactive power control, increased transmission capacity, power oscillation damping, higher transient stability, system voltage balance maintenance, reduced transmission losses, and voltage control. Low installation cost, when compared with other systems and improved efficiency along with higher ratings across distribution circuits, are a few factors that are expected to increase the demand for shunt systems. Further, shunt compensation is classified into static synchronous compensator (STATCOM) and static VAR compensator (SVC).

Impact of COVID-19 on generation types

The FACTS market in 2020 is expected to witness a decline due to the outbreak of the COVID-19 pandemic. COVID-19 has significantly affected the growth of the construction & engineering industry. Many hardware manufactures are witnessing a shortage of labor, which consequently has hampered production. Moreover, the COVID-19 pandemic has resulted in delays in the ongoing power projects. The projects might resume in the last quarter of 2020 or Q1 of 2021, hence, the market is expected to grow in 2021 over 2020. As compared to the first generation FACTS devices, the end-users such as utilities, renewables, and industries are preferring second-generation FACTS systems, i.e., STATCOMS, due to their ease of use and superior voltage control.

FACTS to captures the major market share in Europe

Europe is the largest market for FACTS; it accounted for ~35% market share in 2019. The FACTS market in this region is segmented into Germany, France, the UK, and the Rest of Europe (Sweden, Italy, Spain, Switzerland, and the Netherlands). Presently, the UK is the largest consumer of FACTS in Europe. Rising industrial production and expanding population are increasing the demand for electricity across the European countries. This, in turn, results in the growth of the FACTS market in this region. Further, government regulations regarding carbon-free power transmission and grid code in Europe are expected to drive the FACTS market in this region.

Key manufacturers such as ABB, Siemens, Infineon, and Ingeteam are also driving the growth of the FACTS market in this region as these manufacturers provide FACTS devices to a large number of electricity transmission projects in Europe.

The breakup of primaries conducted during the study is depicted below:


  • By Company Type: Tier 1 - 50%, Tier 2 - 30%, and Tier 3 -20%
  • By Designation: C-Level Executives - 35%, and Directors- 30% and Others - 35%
  • By Region: Americas- 40%, Europe - 25%, APAC - 20% and ROW- 15%

Research Coverage

The report segments the FACTS market and forecasts its size, by value, based on region (Americas, Europe, Asia Pacific, and RoW), compensation type, vertical, generation type, and application.
The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the FACTS market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.

Key Benefits of Buying This Report


  • This report includes market statistics pertaining to the compensation type, vertical, generation type, application, and region.
  • An in-depth value chain analysis has been done to provide deep insight into the FACTS market.
  • Major market drivers, restraints, challenges, and opportunities have been detailed in this report.
  • The report includes an in-depth analysis and ranking of key players.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition and Scope
1.2.1 Inclusions and Exclusions
1.3 Study Scope
1.3.1 Markets Covered
Figure 1 Market Segmentation
1.3.2 Years Considered
1.4 Currency
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
Figure 2 Facts Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Data from Primary Sources
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
Figure 3 Market Size Estimation Methodology: Approach 1 (Supply Side): Revenue of Market Players
Figure 4 Market Size Estimation Methodology: Approach 2 (Demand Size) - Bottom-Up Market Estimation for Facts, by Compensation Type
2.2.1 Bottom-Up Approach
2.2.1.1 Approach Used to Arrive at Market Share by Bottom-Up Analysis
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
2.2.1.2 Approach for Capturing Company-Specific Information in Facts Value Chain
2.2.2 Top-Down Approach
2.2.2.1 Approach Used to Arrive at Market Share by Top-Down Analysis
Figure 6 Market Size Estimation Methodology: Top-Down Approach
2.3 Market Breakdown and Data Triangulation
Figure 7 Data Triangulation Methodology
2.4 Research Assumptions
3 Executive Summary
Figure 8 Shunt Compensation Segment to Dominate Facts Market, by Compensation Type, from 2020 to 2025
Figure 9 Statcom Segment to Dominate Facts Market, by Shunt Compensation, During the Forecast Period
Figure 10 Second Generation Segment to Capture Larger Market Share During the Forecast Period
Figure 11 Utilities Vertical Held Largest Market Share in 2020
Figure 12 Europe Accounted for the Largest Share of Facts Market in 2019
3.1 COVID-19 Impact on Facts Market
Figure 13 COVID-19 Impact on Facts Market
3.1.1 Realistic Scenario (Post-COVID-19)
3.1.2 Optimistic Scenario (Post-COVID-19)
3.1.3 Pessimistic Scenario (Post-COVID-19)
4 Premium Insight
4.1 Attractive Growth Opportunities in Facts Market
Figure 14 Increasing Demand for Power and Voltage Control Solutions to Drive Growth of Facts Market
4.2 Facts Market, by Application
Figure 15 Voltage Control Segment to Dominate Facts Market During the Forecast Period
4.3 Facts Market in Apac, by Vertical and Country
Figure 16 Utilities and China to Account for the Largest Shares of Facts Market in APAC in 2025
4.4 Facts Market, by Compensation Type
Figure 17 Shunt Compensation Segment to Register Highest CAGR from 2020 to 2025
4.5 Facts Market, by Region
Figure 18 APAC to Exhibit Highest CAGR in Facts Market During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 19 Facts Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Increasing Benefits Offered by Facts
5.2.1.2 Growth in Transmission Lines
5.2.1.3 Growing Utilization of Renewable Energy into Power Grids
5.2.1.4 Rising Demand for Statcom Devices for Voltage Control
Figure 20 Impact Analysis: Drivers
5.2.2 Restraints
5.2.2.1 High Installation Cost
5.2.2.2 Delay or Cancellation of Projects Due to COVID-19
Table 1 Policy Changes for Providing Flexibility or Delaying in Energy Projects
5.2.2.3 Trade Restrictions Imposed by the US on China
5.2.3 Opportunities
5.2.3.1 Rising Investments in Transmission Network
Figure 21 Transmission Investment - USD Billion (2016-2018)
5.2.3.2 Potential Opportunities in Apac
5.2.3.3 Focus on Increasing Domestic Production and Localization in the Post-COVID-19 Era
5.2.4 Challenges
5.2.4.1 Size and Communication Limitations in Facts
5.2.4.2 Adverse Impacts of Lockdowns and Social Distancing on Facts Market
5.3 Value Chain Analysis
Figure 22 Value Chain Analysis: Facts Market
6 Functions of Flexible Ac Transmission System
6.1 Introduction
6.2 Voltage Control
6.2.1 Devices Such as Statcom and Svc Are Used for Voltage Control
6.3 Network Stabilization
6.3.1 Shunt and Series Compensation Are Used for Network Stabilization
6.4 Transmission Capacity
6.4.1 Series Compensation is a Cost-Effective Way to Increase Transmission Capacity
6.5 Harmonic Suppression
6.5.1 Svc and Statcom Are Used for Harmonic Suppression
7 Components of Flexible Ac Transmission System
7.1 Introduction
7.2 Power Electronic Devices
7.2.1 Capacitor Banks
7.2.1.1 Capacitor Banks Are Used to Increase Power Transmission Capability
7.2.2 Thyristors
7.2.2.1 Thyristors Are Used to Deliver High Power in Facts Devices
7.2.3 Reactors
7.2.3.1 Reactors Are Used to Limit the Effects of Overvoltage in Transmission Line
7.3 Phase Shifting Transformers
7.3.1 Phase Shifting Transformers Are Used to Change Effective Phase Displacement Between Input Voltage and Output Voltage of Transmission Line
7.4 Protection and Control Systems
7.4.1 Protection and Control Systems Are Used to Ensure Proper Network Reliability
8 Facts Market, by Compensation Type
8.1 Introduction
Table 2 Facts Market, by Compensation Type, 2016-2019 (USD Million)
Table 3 Facts Market, by Compensation Type, 2020-2025 (USD Million)
Table 4 Facts Market, by Shunt Compensation Type, 2016-2019 (USD Million)
Table 5 Facts Market, by Shunt Compensation Type, 2020-2025 (USD Million)
8.2 Shunt Compensation
Table 6 Facts Market for Shunt Compensation, by Region, 2016-2019 (USD Million)
Table 7 Facts Market for Shunt Compensation, by Region, 2020-2025 (USD Million)
8.2.1 Static Var Compensation (Svc)
8.2.1.1 Need for Line Voltage Control is Likely to Increase the Demand for Static Var Compensation
Table 8 Facts Market for Svc Shunt Compensation, by Region, 2016-2019 (USD Thousand)
Table 9 Facts Market for Svc Shunt Compensation, by Region, 2020-2025 (USD Thousand)
8.2.2 Static Compensator (Statcom)
8.2.2.1 APAC to Witness Highest Growth for Static Compensator (Statcom)
Table 10 Facts Market for Statcom Shunt Compensation, by Region, 2016-2019 (USD Million)
Table 11 Facts Market for Statcom Shunt Compensation, by Region, 2020-2025 (USD Million)
8.3 Series Compensation
Table 12 Facts Market for Series Compensation, by Region, 2016-2019 (USD Thousand)
Table 13 Facts Market for Series Compensation, by Region, 2020-2025(USD Thousand)
8.3.1 Fixed Series Capacitor
8.3.1.1 Need for Minimum Voltage Profile to Increase Demand for Fixed Series Capacitor
8.3.2 Thyristor Series Capacitor
8.3.2.1 Need for More Power Transfer Capability Over Existing Transmission Networks Boosting Demand for Thyristor Series Capacitors
8.4 Combined Compensation
8.4.1 APAC Was Largest Shareholder for Combined Compensation in 2019
Table 14 Facts Market for Combined Compensation, by Region, 2016-2019 (USD Thousand)
Table 15 Facts Market for Combined Compensation, by Region, 2020-2025 (USD Thousand)
Figure 23 Pre- and Post-COVID-19 Analysis of Facts Market for Shunt Compensation Type, 2020-2025 (USD Million)
8.5 Impact of COVID-19 on Compensation Type
9 Flexible Ac Transmission System Market, by Application
9.1 Introduction
Table 16 Facts Market, by Application, 2016-2019 (USD Million)
Table 17 Facts Market, by Application, 2020-2025 (USD Million)
9.2 Voltage Control
9.2.1 Voltage Control Dominated Facts Market, in terms of Size, in 2019
Table 18 Facts Market for Voltage Control, by Region, 2016-2019 (USD Million)
Table 19 Facts Market for Voltage Control, by Region, 2020-2025 (USD Million)
9.3 Power Control
9.3.1 Americas Held Largest Share of Power Control Market in 2019
Table 20 Facts Market for Power Control, by Region, 2016-2019 (USD Thousand)
Table 21 Facts Market for Power Control, by Region, 2020-2025 (USD Thousand)
Table 22 Facts Market for Power Control in Americas, by Region, 2016-2019 (USD Million)
Table 23 Facts Market for Power Control in Americas, by Region, 2020-2025 (USD Million)
Figure 24 Pre- and Post-COVID-19 Analysis of Facts Market for Voltage Control, 2020-2025 (USD Million
9.4 Impact of COVID-19 on Applications
10 Flexible Ac Transmission System Market, by Vertical
10.1 Introduction
Table 24 Facts Market, by Vertical, 2016-2019 (USD Million)
Table 25 Facts Market, by Vertical, 2020-2025 (USD Million)
10.2 Utilities
10.2.1 Utilities to Dominate Facts Market in Coming Years
Table 26 Facts Market for Utilities, by Region, 2016-2019 (USD Million)
Table 27 Facts Market for Utilities, by Region, 2020-2025 (USD Million)
10.3 Renewables
10.3.1 Market for Renewables to Register Highest Cagr
Table 28 Facts Market for Renewables, by Region, 2016-2019 (USD Thousand)
Table 29 Facts Market for Renewables, by Region, 2020-2025 (USD Thousand)
10.4 Industrial
10.4.1 Increasing Need for Power Quality and Stability is Boosting Demand for Facts in Industrial Vertical
Table 30 Facts Market for Industrial, by Region, 2016-2019 (USD Thousand)
Table 31 Facts Market for Industrial, by Region, 2020-2025 (USD Thousand)
10.5 Railways
10.5.1 APAC Held Largest Share of the Market for Railways in 2019
Table 32 Facts Market for Railways, by Region, 2016-2019 (USD Thousand)
Table 33 Facts Market for Railways, by Region, 2020-2025 (USD Thousand)
Figure 25 Pre- and Post-COVID-19 Analysis of Facts Market for Utilities, 2020-2025 (USD Million)
10.6 Impact of COVID-19 on Verticals of the Market
11 Flexible Ac Transmission System Market, by Generation Type
11.1 Introduction
Table 34 Facts Market, by Generation Type, 2016-2019 (USD Million)
Table 35 Facts Market, by Generation Type, 2020-2025 (USD Million)
11.2 First Generation
11.2.1 Svc and Series Compensation Are First Generation Facts Devices
Table 36 Facts Market for First-Generation Type, by Region, 2016-2019 (USD Million)
Table 37 Facts Market for First-Generation Type, by Region, 2020-2025 (USD Million)
11.3 Second Generation
11.3.1 Europe Accounted Largest Share for Second Generation Facts Devices
Table 38 Facts Market for Second Generation Type, by Region, 2016-2019 (USD Million)
Table 39 Facts Market for Second Generation Type, by Region, 2020-2025 (USD Million)
Figure 26 Pre- and Post-COVID-19 Analysis of Facts Market for Second Generation Type, 2020-2025 (USD Million)
11.4 Impact of COVID-19 on Generation Types
12 Geographic Analysis
12.1 Introduction
Figure 27 Facts Market in India to Register the Highest CAGR During Forecast Period
Table 40 Facts Market, by Region, 2016-2019 (USD Million)
Table 41 Facts Market, by Region, 2020-2025 (USD Million)
12.2 Americas
Figure 28 Americas: Snapshot of Facts Market
Table 42 Facts Market in Americas, by Region, 2016-2019 (USD Million)
Table 43 Facts Market in Americas, by Region, 2020-2025 (USD Million)
Table 44 Facts Market in Americas, by Compensation Type, 2016-2019 (USD Thousand)
Table 45 Facts Market in Americas, by Compensation Type, 2020-2025 (USD Thousand)
Table 46 Facts Market in Americas, by Shunt Compensation, 2016-2019 (USD Million)
Table 47 Facts Market in Americas, by Shunt Compensation, 2020-2025 (USD Million)
Table 48 Facts Market in Americas, by Generation Type, 2016-2019 (USD Million)
Table 49 Facts Market in Americas, by Generation Type, 2020-2025 (USD Million)
Table 50 Facts Market in Americas, by Vertical, 2016-2019 (USD Thousand)
Table 51 Facts Market in Americas, by Vertical, 2020-2025 (USD Thousand)
Table 52 Facts Market in Americas, by Application, 2016-2019 (USD Million)
Table 53 Facts Market in Americas, by Application, 2020-2025 (USD Million)
12.2.1 North America
Table 54 Facts Market in North America, by Country, 2016-2019 (USD Million)
Table 55 Facts Market in North America, by Country, 2020-2025 (USD Million)
Table 56 Facts Market in North America, by Compensation Type, 2016-2019 (USD Thousand)
Table 57 Facts Market in North America, by Compensation Type, 2020-2025 (USD Thousand)
Table 58 Facts Market in North America, by Shunt Compensation, 2016-2019 (USD Million)
Table 59 Facts Market in North America, by Shunt Compensation, 2020-2025 (USD Million)
Table 60 Facts Market in North America, by Generation Type, 2016-2019 (USD Million)
Table 61 Facts Market in North America, by Generation Type, 2020-2025 (USD Million)
Table 62 Facts Market in North America, by Vertical, 2016-2019 (USD Thousand)
Table 63 Facts Market in North America, by Vertical, 2020-2025(USD Thousand)
Table 64 Facts Market in North America, by Application, 2016-2019 (USD Million)
Table 65 Facts Market in North America, by Application, 2020-2025 (USD Million)
12.2.1.1 US
12.2.1.1.1 US is the Largest Market for Facts in North America
Table 66 Facts Market in the US, by Shunt Compensation, 2016-2019 (USD Thousand)
Table 67 Facts Market in the US, by Shunt Compensation, 2020-2025 (USD Thousand)
Table 68 Facts Market in the US, by Application, 2016-2019 (USD Thousand)
Table 69 Facts Market in the US, by Application, 2020-2025 (USD Thousand)
12.2.1.2 Rest of North America
Table 70 Facts Market in Rest of North America, by Shunt Compensation, 2016-2019 (USD Thousand)
Table 71 Facts Market in Rest of North America, by Shunt Compensation, 2020-2025 (USD Thousand)
Table 72 Facts Market in Rest of North America, by Application, 2016-2019 (USD Thousand)
Table 73 Facts Market in Rest of North America, by Application, 2020-2025 (USD Thousand)
12.2.2 South America
Table 74 Facts Market in South America, by Country, 2016-2019 (USD Million)
Table 75 Facts Market in South America, by Country, 2020-2025(USD Million)
Table 76 Facts Market in South America, by Compensation Type, 2016-2019 (USD Thousand)
Table 77 Facts Market in South America, by Compensation Type, 2020-2025 (USD Thousand)
Table 78 Facts Market in South America, by Shunt Compensation, 2016-2019 (USD Million)
Table 79 Facts Market in South America, by Shunt Compensation, 2020-2025 (USD Million)
Table 80 Facts Market in South America, by Generation Type, 2016-2019 (USD Million)
Table 81 Facts Market in South America, by Generation Type, 2020-2025 (USD Million)
Table 82 Facts Market in South America, by Vertical, 2016-2019 (USD Thousand)
Table 83 Facts Market in South America, by Vertical, 2020-2025 (USD Thousand)
Table 84 Facts Market in South America, by Application, 2016-2019 (USD Million)
Table 85 Facts Market in South America, by Application, 2020-2025 (USD Million)
12.2.2.1 Brazil
12.2.2.1.1 Increase in Investment for Expansion of Energy Infrastructure Drives Facts Markets in Brazil
Table 86 Facts Market in Brazil, by Shunt Compensation, 2016-2019 (USD Million)
Table 87 Facts Market in Brazil, by Shunt Compensation, 2020-2025 (USD Million)
Table 88 Facts Market in Brazil, by Application, 2016-2019 (USD Million)
Table 89 Facts Market in Brazil, by Application, 2020-2025 (USD Million)
12.2.2.2 Rest of South America
Table 90 Facts Market in Rest of South America, by Shunt Compensation, 2016-2019 (USD Thousand)
Table 91 Facts Market in Rest of South America, by Shunt Compensation, 2020-2025 (USD Thousand)
Table 92 Facts Market in Rest of South America, by Application, 2016-2019 (USD Thousand)
Table 93 Facts Market in Rest of South America, by Application, 2020-2025 (USD Thousand)
12.3 Europe
Figure 29 Europe: Snapshot of Facts Market
Table 94 Facts Market in Europe, by Country, 2016-2019 (USD Million)
Table 95 Facts Market in Europe, by Country, 2020-2025 (USD Million)
Table 96 Facts Market in Europe, by Compensation Type, 2016-2019 (USD Thousand)
Table 97 Facts Market in Europe, by Compensation Type, 2020-2025 (USD Thousand)
Table 98 Facts Market in Europe, by Shunt Compensation, 2016-2019 (USD Million)
Table 99 Facts Market in Europe, by Shunt Compensation, 2020-2025 (USD Million)
Table 100 Facts Market in Europe, by Generation Type, 2016-2019 (USD Million)
Table 101 Facts Market in Europe, by Generation Type, 2020-2025 (USD Million)
Table 102 Facts Market in Europe, by Vertical, 2016-2019 (USD Thousand)
Table 103 Facts Market in Europe, by Vertical, 2020-2025 (USD Thousand)
Table 104 Facts Market in Europe, by Application, 2016-2019 (USD Million)
Table 105 Facts Market in Europe, by Application, 2020-2025 (USD Million)
12.3.1 UK
12.3.1.1 UK is the Major Consumer of Facts in Europe
Table 106 Facts Market in the UK, by Shunt Compensation, 2016-2019 (USD Thousand)
Table 107 Facts Market in the UK, by Shunt Compensation, 2020-2025 (USD Thousand)
Table 108 Facts Market in the UK, by Application, 2016-2019 (USD Thousand)
Table 109 Facts Market in the UK, by Application, 2020-2025 (USD Thousand)
12.3.2 Germany
12.3.2.1 Facts Markets in Germany to Register Highest CAGR During Forecast Period
Table 110 Facts Market in Germany, by Shunt Compensation, 2016-2019 (USD Million)
Table 111 Facts Market in Germany, by Shunt Compensation, 2020-2025 (USD Million)
Table 112 Facts Market in Germany, by Application, 2016-2019 (USD Million)
Table 113 Facts Market in Germany, by Application, 2020-2025 (USD Million)
12.3.3 France
12.3.3.1 Smart Grid Infrastructure to Drive Facts Market in France
Table 114 Facts Market in France, by Shunt Compensation, 2016-2019 (USD Thousand)
Table 115 Facts Market in France, by Shunt Compensation, 2020-2025 (USD Thousand)
Table 116 Facts Market in France, by Application, 2016-2019 (USD Thousand)
Table 117 Facts Market in France, by Application, 2020-2025 (USD Thousand)
12.3.4 Rest of Europe
Table 118 Facts Market in Rest of Europe, by Shunt Compensation, 2016-2019 (USD Million)
Table 119 Facts Market in Rest of Europe, by Shunt Compensation, 2020-2025 (USD Million)
Table 120 Facts Market in Rest of Europe, by Application, 2016-2019 (USD Million)
Table 121 Facts Market in Rest of Europe, by Application, 2020-2025 (USD Million)
12.4 APAC
Figure 30 Apac: Snapshot of Facts Market
Table 122 Facts Market in Apac, by Country, 2016-2019 (USD Million)
Table 123 Facts Market in Apac, by Country, 2020-2025 (USD Million)
Table 124 Facts Market in Apac, by Compensation Type, 2016-2019 (USD Million)
Table 125 Facts Market in Apac, by Compensation Type, 2020-2025 (USD Million)
Table 126 Facts Market in Apac, by Shunt Compensation, 2016-2019 (USD Million)
Table 127 Facts Market in Apac, by Shunt Compensation, 2020-2025 (USD Million)
Table 128 Facts Market in Apac, by Generation Type, 2016-2019 (USD Million)
Table 129 Facts Market in Apac, by Generation Type, 2020-2025 (USD Million)
Table 130 Facts Market in Apac, by Vertical, 2016-2019 (USD Million)
Table 131 Facts Market in Apac, by Vertical, 2020-2025 (USD Million)
Table 132 Facts Market in Apac, by Application, 2016-2019 (USD Million)
Table 133 Facts Market in Apac, by Application, 2020-2025 (USD Million)
12.4.1 China
12.4.1.1 China to Hold Largest Share of Facts Market in APAC During Forecast Period
Table 134 Facts Market in China, by Shunt Compensation, 2016-2019 (USD Million)
Table 135 Facts Market in China, by Shunt Compensation, 2020-2025 (USD Million)
Table 136 Facts Market in China, by Application, 2016-2019 (USD Million)
Table 137 Facts Market in China, by Application, 2020-2025 (USD Million)
12.4.2 India
12.4.2.1 Government Support for Expansion of Transmission Network to Drive Facts Market in India
Table 138 Facts Market in India, by Shunt Compensation, 2016-2019 (USD Thousand)
Table 139 Facts Market in India, by Shunt Compensation, 2020-2025 (USD Thousand)
Table 140 Facts Market in India, by Application, 2016-2019 (USD Thousand)
Table 141 Facts Market in India, by Application, 2020-2025 (USD Thousand)
12.4.3 South Korea
12.4.3.1 Requirement for Constructing New Transmission Lines Drives Facts Market in South Korea
Table 142 Facts Market in South Korea, by Shunt Compensation, 2016-2019 (USD Thousand)
Table 143 Facts Market in South Korea, by Shunt Compensation, 2020-2025 (USD Thousand)
Table 144 Facts Market in South Korea, by Application, 2016-2019 (USD Thousand)
Table 145 Facts Market in South Korea, by Application, 2020-2025 (USD Thousand)
12.4.4 Rest of Apac
Table 146 Facts Market in Rest of Apac, by Shunt Compensation, 2016-2019 (USD Thousand)
Table 147 Facts Market in Rest of Apac, by Shunt Compensation, 2020-2025 (USD Thousand)
Table 148 Facts Market in Rest of Apac, by Application, 2016-2019 (USD Million)
Table 149 Facts Market in Rest of Apac, by Application, 2020-2025(USD Million)
12.5 RoW
Table 150 Facts Market in RoW, by Region, 2016-2019 (USD Million)
Table 151 Facts Market in RoW, by Region, 2020-2025 (USD Million)
Table 152 Facts Market in RoW, by Compensation Type, 2016-2019 (USD Thousand)
Table 153 Facts Market in RoW, by Compensation Type, 2020-2025 (USD Thousand)
Table 154 Facts Market in RoW, by Shunt Compensation, 2016-2019(USD Thousand)
Table 155 Facts Market in RoW, by Shunt Compensation, 2020-2025 (USD Thousand)
Table 156 Facts Market in RoW, by Generation Type, 2016-2019 (USD Million)
Table 157 Facts Market in RoW, by Generation Type, 2020-2025 (USD Million)
Table 158 Facts Market in RoW, by Vertical, 2016-2019 (USD Thousand)
Table 159 Facts Market in RoW, by Vertical, 2020-2025 (USD Thousand)
Table 160 Facts Market in RoW, by Application, 2016-2019 (USD Thousand)
Table 161 Facts Market in RoW, by Application, 2020-2025 (USD Thousand)
12.5.1 Middle East
12.5.1.1 Growing Number of Oil & Gas Industries in the Middle East to Drive Facts Market
Table 162 Facts Market in Middle East, by Shunt Compensation, 2016-2019 (USD Thousand)
Table 163 Facts Market in Middle East, by Shunt Compensation, 2020-2025 (USD Thousand)
Table 164 Facts Market in Middle East, by Application, 2016-2019 (USD Thousand)
Table 165 Facts Market in Middle East, by Application, 2020-2025 (USD Thousand)
12.5.2 Africa
12.5.2.1 Africa to Hold Larger Share of Facts Market in Row
Table 166 Facts Market in Africa, by Shunt Compensation, 2016-2019 (USD Thousand)
Table 167 Facts Market in Africa, by Shunt Compensation, 2020-2025 (USD Thousand)
Table 168 Facts Market in Africa, by Application, 2016-2019 (USD Thousand)
Table 169 Facts Market in Africa, by Application, 2020-2025 (USD Thousand)
12.6 COVID-19 Impact on Major Regions
Figure 31 Pre- Vs. Post-COVID-19 Comparison for Americas Facts Market
Figure 32 Pre- Vs. Post-COVID-19 Comparison for APAC Facts Market
13 Competitive Landscape
13.1 Overview
Figure 33 Product Developments Key Growth Strategy from 2017 to 2020
13.2 Ranking Analysis of Key Players in Flexible Ac Transmission System Market
Figure 34 Flexible Ac Transmission System Market: Ranking of Key Companies
13.3 Competitive Situations and Trends
13.3.1 Product Developments
Table 170 Product Developments, 2017-2020
13.3.2 Agreements
Table 171 Agreements, 2018-2020
13.3.3 Collaboration
Table 172 Collaboration, 2018-2019
13.3.4 Contracts
Table 173 Contracts, 2017-2019
13.3.5 Divestments
Table 174 Divestments, 2018-2019
13.3.6 Expansion
Table 175 Expansion, 2018-2019
13.3.7 Partnerships
Table 176 Partnerships, 2018-2020
13.3.8 Acquisitions
Table 177 Acquisitions, 2018-2020
13.4 Competitive Leadership Mapping, 2019
13.4.1 Visionary Leaders
13.4.2 Dynamic Differentiators
13.4.3 Innovators
13.4.4 Emerging Companies
Figure 35 Flexible Ac Transmission System Market (Global) Competitive Leadership Mapping, 2019
14 Company Profile
14.1 Key Players
Business Overview, Products Offered, Recent Developments, SWOT Analysis, the Author's View, and COVID-19 Update
14.1.1 ABB (Hitachi)
Figure 36 ABB: Company Snapshot
14.1.2 Rongxin Power Engineering Ltd (RXPE)
14.1.3 General Electric (GE)
Figure 37 General Electric: Company Snapshot
14.1.4 Siemens
Figure 38 Siemens: Company Snapshot
14.1.5 Mitsubishi Electric
Figure 39 Mitsubishi Electric: Company Snapshot
14.1.6 American Superconductor
Figure 40 American Superconductor: Company Snapshot
14.1.7 Infineon
Figure 41 Infineon: Company Snapshot
14.1.8 NR Electric
14.1.9 Hyosung Heavy Industries
14.1.10 Ingeteam Power Technology
Business Overview, Products Offered, Recent Developments, SWOT Analysis, the Author's View, and COVID-19 Update Might Not Be Captured in Case of Unlisted Companies.
14.2 Right to Win
14.3 Other Important Players
14.3.1 Bharat Heavy Electricals Limited (Bhel)
14.3.2 Quanta Technology
14.3.3 Comsys
14.3.4 Merus Power Dynamics Oy
14.3.5 Sieyuan Electric Co. Ltd.
14.3.6 Signatory Pvt. Ltd.
14.3.7 Jema Energy Sa
14.3.8 Freqcon GmbH
14.3.9 Clariant Power System Limited
14.3.10 Beijing Power Equipment Group Co Ltd(BPEG)
15 Adjacent Market: Digital Substation Market
15.1 Market Definition
15.1.1 Inclusions and Exclusions
Table 178 Digital Substation Market, by Module, 2017-2025 (USD Million)
Table 179 Digital Substation Market for Hardware, by Type, 2017-2025 (USD Million)
Table 180 Digital Substation Market, by Type, 2017-2025 (USD Billion)
Table 181 Digital Substation Market, by Installation Type, 2017-2025 (USD Billion)
Table 182 Digital Substation Market, by Voltage, 2017-2025 (USD Million)
Table 183 Digital Substation Market, by Industry, 2017-2025 (USD Million)
Table 184 Digital Substation Market, by Region, 2017-2025 (USD Billion)
16 Appendix
16.1 Insights from Industry Experts
16.2 Discussion Guide
16.3 Knowledge Store: Subscription Portal
16.4 Available Customizations
16.5 Related Reports
16.6 Author Details

Companies Mentioned

  • ABB (Hitachi)
  • American Superconductor
  • Beijing Power Equipment Group Co Ltd(BPEG)
  • Bharat Heavy Electricals Limited (Bhel)
  • Clariant Power System Limited
  • Comsys
  • Freqcon GmbH
  • General Electric (GE)
  • Hyosung Heavy Industries
  • Infineon
  • Ingeteam Power Technology
  • Jema Energy Sa
  • Merus Power Dynamics Oy
  • Mitsubishi Electric
  • NR Electric
  • Quanta Technology
  • Rongxin Power Engineering Ltd (RXPE)
  • Siemens
  • Sieyuan Electric Co. Ltd.
  • Signatory Pvt. Ltd.

Methodology

Loading
LOADING...

Related Topics

Related Reports

Flexible AC Transmission (FACT) Systems - Global Strategic Business Report - Product Image

Flexible AC Transmission (FACT) Systems - Global Strategic Business Report

  • Report
  • 580 Pages
  • Global
From
Flexible AC Transmission System Market by Compensation Type, Controller, Industry Vertical, and Region 2024-2032 - Product Image

Flexible AC Transmission System Market by Compensation Type, Controller, Industry Vertical, and Region 2024-2032

  • Report
  • 139 Pages
  • Global
From
Flexible AC Transmission System (FACTS) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2031- (By Derivatives Coverage, Geographic Coverage and By Company) - Product Image

Flexible AC Transmission System (FACTS) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2031- (By Derivatives Coverage, Geographic Coverage and By Company)

  • Report
  • 250 Pages
  • Global
From
Flexible AC Transmission System (FACTS) Global Market Report 2024 - Product Image

Flexible AC Transmission System (FACTS) Global Market Report 2024

  • Report
  • 200 Pages
  • Global
From
Flexible AC Transmission Systems Market by Component, Compensation Type, Function, Vertical - Global Forecast 2025-2030 - Product Image

Flexible AC Transmission Systems Market by Component, Compensation Type, Function, Vertical - Global Forecast 2025-2030

  • Report
  • 192 Pages
  • Global
From
Copyright © 2002-2024 Research and Markets. All Rights Reserved.