Global Flexible AC Transmission Systems FACTS Market Research analysis and Forecast – 2024

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.
Access Full Report with TOC @ https://www.planetmarketreports.com/reports/flexible-ac-transmission-systems-facts-market-2019-2024

According to this study, over the next five years the Flexible AC Transmission Systems FACTS market will register a 5.4% CAGR in terms of revenue, the global market size will reach US$ 1590 million by 2024, from US$ 1160 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Flexible AC Transmission Systems FACTS business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Flexible AC Transmission Systems FACTS market by product type, application, key manufacturers and key regions and countries.

This study considers the Flexible AC Transmission Systems FACTS value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Shunt Compensation
Series Compensation
Others

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Metal Industry
Railway
Mining
Utilities
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ABB
Siemens
RXPE
Sieyuan Electric
Mitsubishi Electric
GE
Toshiba
AMSC
Hyosung
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Flexible AC Transmission Systems FACTS consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Flexible AC Transmission Systems FACTS market by identifying its various subsegments.
Focuses on the key global Flexible AC Transmission Systems FACTS manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Flexible AC Transmission Systems FACTS with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Flexible AC Transmission Systems FACTS submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Customizations available

In case of any queries or customization requirements please connect with our sales team sales@planetmarketreports.com, which will ensure that your requirements are met.

Browse a Free Sample Report @ https://www.planetmarketreports.com/report-sample/flexible-ac-transmission-systems-facts-market-2019-2024

About Us:

Planet Market Reports gives statistical surveying reports to businesses, people and associations with a goal of helping them in their decision making process. We have huge database of market research reports & company profiles across globe.  We associated with global market research a publisher who has a wide range of research specialists & industry experts which provides you deeper penetration of market research industry.

We have statistical surveying reports from number of top publishers and update our reports collections on daily basis with most recent research data to furnish our customers with the moment online access to our database. With access to this database, our customers will be able to benefit from expert insights on worldwide businesses, items, and market patterns. We help you in your buy choice by mapping your data needs with our immense accumulation of reports.

Contact US:- 

Name: Jennifer Daniel

Email-Id: sales@planetmarketreports.com

US: +1-716-2260907

UK: +447441952057

Organization: Planet Market Reports