Flexible AC Transmission Systems (FACTS) Market By Configuration, By Product, By Voltage, By Application, By End Use - Growth, Future Prospects And Competitive Analysis, 2024 - 2032
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Flexible AC Transmission Systems (FACTS) Market
2.2. Global Flexible AC Transmission Systems (FACTS) Market, By Configuration, 2023 (US$ Million)
2.3. Global Flexible AC Transmission Systems (FACTS) Market, By Product, 2023 (US$ Million)
2.4. Global Flexible AC Transmission Systems (FACTS) Market, By Voltage, 2023 (US$ Million)
2.5. Global Flexible AC Transmission Systems (FACTS) Market, By Application, 2023 (US$ Million)
2.6. Global Flexible AC Transmission Systems (FACTS) Market, By End Use, 2023 (US$ Million)
2.7. Global Flexible AC Transmission Systems (FACTS) Market, By Geography, 2023 (US$ Million)
2.8. Attractive Investment Proposition by Geography, 2023
3. Flexible AC Transmission Systems (FACTS) Market: Competitive Analysis
3.1. Market Positioning of Key Flexible AC Transmission Systems (FACTS) Market Vendors
3.2. Strategies Adopted by Flexible AC Transmission Systems (FACTS) Market Vendors
3.3. Key Industry Strategies 4. Flexible AC Transmission Systems (FACTS) Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Flexible AC Transmission Systems (FACTS) Market Value, 2022 - 2032, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
4.6. Porter's Five Force Model
4.6.1. Supplier Power
4.6.2. Buyer Power
4.6.3. Threat Of Substitutes
4.6.4. Threat Of New Entrants
4.6.5. Competitive Rivalry
4.7. PESTEL Analysis
4.7.1. Political Landscape
4.7.2. Economic Landscape
4.7.3. Technology Landscape
4.7.4. Legal Landscape
4.7.5. Social Landscape
5. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2023 Versus 2032
5.3. Market Segmentation
5.3.1. Series
5.3.2. Shunt
5.3.3. Combined
6. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2023 Versus 2032
6.3. Market Segmentation
6.3.1. Static Var Compensator (SVC)
6.3.2. Thyristor Controlled Series Capacitor (TCSC)
6.3.3. Static Synchronous Compensator (STATCOM)
6.3.4. Unified Power Flow Controller (UPFC)
7. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
7.1. Market Overview
7.2. Growth & Revenue Analysis: 2023 Versus 2032
7.3. Market Segmentation
7.3.1. 132 kV to 220 kV
7.3.2. > 220 kV to 660 kV
7.3.3. > 660 kV
8. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
8.1. Market Overview
8.2. Growth & Revenue Analysis: 2023 Versus 2032
8.3. Market Segmentation
8.3.1. Steady state
8.3.1.1. Congestion management
8.3.1.2. ATC improvement
8.3.1.3. Reactive power and voltage control
8.3.1.4. Loading margin improvement
8.3.1.5. Power flow balancing and control
8.3.2. Dynamic
8.3.2.1. Transient stability enhancement
8.3.2.2. Oscillation damping
8.3.2.3. Dynamic voltage control
8.3.2.4. SSR elimination
8.3.2.5. Power system interconnection
8.3.3. Others
9. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
9.1. Market Overview
9.2. Growth & Revenue Analysis: 2023 Versus 2032
9.3. Market Segmentation
9.3.1. Utilities
9.3.2. Renewables
9.3.2.1. Wind
9.3.2.1.1. Onshore
9.3.2.1.2. Offshore
9.3.2.2. Solar
9.3.3. Smart grid
9.3.4. Railways
9.3.5. Metal & mining industries
9.3.6. Oil & gas
9.3.7. Others
10. North America Flexible AC Transmission Systems (FACTS) Market, 2022-2032, USD (Million)
10.1. Market Overview
10.2. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
10.3. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
10.4. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
10.5. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
10.6. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
10.7.Flexible AC Transmission Systems (FACTS) Market: By Region, 2022-2032, USD (Million)
10.7.1.North America
10.7.1.1. U.S.
10.7.1.1.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
10.7.1.1.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
10.7.1.1.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
10.7.1.1.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
10.7.1.1.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
10.7.1.2. Canada
10.7.1.2.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
10.7.1.2.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
10.7.1.2.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
10.7.1.2.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
10.7.1.2.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
10.7.1.3. Rest of North America
10.7.1.3.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
10.7.1.3.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
10.7.1.3.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
10.7.1.3.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
10.7.1.3.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
11. UK and European Union Flexible AC Transmission Systems (FACTS) Market, 2022-2032, USD (Million)
11.1. Market Overview
11.2. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
11.3. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
11.4. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
11.5. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
11.6. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
11.7.Flexible AC Transmission Systems (FACTS) Market: By Region, 2022-2032, USD (Million)
11.7.1.UK and European Union
11.7.1.1. UK
11.7.1.1.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
11.7.1.1.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
11.7.1.1.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
11.7.1.1.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
11.7.1.1.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
11.7.1.2. Germany
11.7.1.2.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
11.7.1.2.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
11.7.1.2.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
11.7.1.2.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
11.7.1.2.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
11.7.1.3. Spain
11.7.1.3.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
11.7.1.3.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
11.7.1.3.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
11.7.1.3.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
11.7.1.3.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
11.7.1.4. Italy
11.7.1.4.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
11.7.1.4.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
11.7.1.4.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
11.7.1.4.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
11.7.1.4.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
11.7.1.5. France
11.7.1.5.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
11.7.1.5.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
11.7.1.5.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
11.7.1.5.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
11.7.1.5.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
11.7.1.6. Rest of Europe
11.7.1.6.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
11.7.1.6.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
11.7.1.6.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
11.7.1.6.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
11.7.1.6.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
12. Asia Pacific Flexible AC Transmission Systems (FACTS) Market, 2022-2032, USD (Million)
12.1. Market Overview
12.2. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
12.3. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
12.4. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
12.5. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
12.6. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
12.7.Flexible AC Transmission Systems (FACTS) Market: By Region, 2022-2032, USD (Million)
12.7.1.Asia Pacific
12.7.1.1. China
12.7.1.1.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
12.7.1.1.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
12.7.1.1.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
12.7.1.1.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
12.7.1.1.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
12.7.1.2. Japan
12.7.1.2.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
12.7.1.2.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
12.7.1.2.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
12.7.1.2.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
12.7.1.2.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
12.7.1.3. India
12.7.1.3.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
12.7.1.3.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
12.7.1.3.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
12.7.1.3.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
12.7.1.3.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
12.7.1.4. Australia
12.7.1.4.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
12.7.1.4.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
12.7.1.4.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
12.7.1.4.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
12.7.1.4.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
12.7.1.5. South Korea
12.7.1.5.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
12.7.1.5.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
12.7.1.5.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
12.7.1.5.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
12.7.1.5.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
12.7.1.6. Rest of Asia Pacific
12.7.1.6.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
12.7.1.6.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
12.7.1.6.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
12.7.1.6.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
12.7.1.6.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
13. Latin America Flexible AC Transmission Systems (FACTS) Market, 2022-2032, USD (Million)
13.1. Market Overview
13.2. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
13.3. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
13.4. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
13.5. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
13.6. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
13.7.Flexible AC Transmission Systems (FACTS) Market: By Region, 2022-2032, USD (Million)
13.7.1.Latin America
13.7.1.1. Brazil
13.7.1.1.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
13.7.1.1.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
13.7.1.1.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
13.7.1.1.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
13.7.1.1.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
13.7.1.2. Mexico
13.7.1.2.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
13.7.1.2.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
13.7.1.2.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
13.7.1.2.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
13.7.1.2.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
13.7.1.3. Rest of Latin America
13.7.1.3.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
13.7.1.3.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
13.7.1.3.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
13.7.1.3.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
13.7.1.3.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
14. Middle East and Africa Flexible AC Transmission Systems (FACTS) Market, 2022-2032, USD (Million)
14.1. Market Overview
14.2. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
14.3. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
14.4. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
14.5. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
14.6. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
14.7.Flexible AC Transmission Systems (FACTS) Market: By Region, 2022-2032, USD (Million)
14.7.1.Middle East and Africa
14.7.1.1. GCC
14.7.1.1.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
14.7.1.1.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
14.7.1.1.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
14.7.1.1.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
14.7.1.1.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
14.7.1.2. Africa
14.7.1.2.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
14.7.1.2.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
14.7.1.2.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
14.7.1.2.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
14.7.1.2.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
14.7.1.3. Rest of Middle East and Africa
14.7.1.3.1. Flexible AC Transmission Systems (FACTS) Market: By Configuration, 2022-2032, USD (Million)
14.7.1.3.2. Flexible AC Transmission Systems (FACTS) Market: By Product, 2022-2032, USD (Million)
14.7.1.3.3. Flexible AC Transmission Systems (FACTS) Market: By Voltage, 2022-2032, USD (Million)
14.7.1.3.4. Flexible AC Transmission Systems (FACTS) Market: By Application, 2022-2032, USD (Million)
14.7.1.3.5. Flexible AC Transmission Systems (FACTS) Market: By End Use, 2022-2032, USD (Million)
15. Company Profile
15.1. ABB
15.1.1. Company Overview
15.1.2. Financial Performance
15.1.3. Product Portfolio
15.1.4. Strategic Initiatives
15.2. Adani Group
15.2.1. Company Overview
15.2.2. Financial Performance
15.2.3. Product Portfolio
15.2.4. Strategic Initiatives
15.3. Alstom
15.3.1. Company Overview
15.3.2. Financial Performance
15.3.3. Product Portfolio
15.3.4. Strategic Initiatives
15.4. cgglobal.com
15.4.1. Company Overview
15.4.2. Financial Performance
15.4.3. Product Portfolio
15.4.4. Strategic Initiatives
15.5. Eaton
15.5.1. Company Overview
15.5.2. Financial Performance
15.5.3. Product Portfolio
15.5.4. Strategic Initiatives
15.6. General Electric
15.6.1. Company Overview
15.6.2. Financial Performance
15.6.3. Product Portfolio
15.6.4. Strategic Initiatives
15.7. HYOSUNG
15.7.1. Company Overview
15.7.2. Financial Performance
15.7.3. Product Portfolio
15.7.4. Strategic Initiatives
15.8. Mitsubishi Electric Corporation
15.8.1. Company Overview
15.8.2. Financial Performance
15.8.3. Product Portfolio
15.8.4. Strategic Initiatives
15.9. NR Electric Co., Ltd.
15.9.1. Company Overview
15.9.2. Financial Performance
15.9.3. Product Portfolio
15.9.4. Strategic Initiatives
15.10. Siemens
15.10.1. Company Overview
15.10.2. Financial Performance
15.10.3. Product Portfolio
15.10.4. Strategic Initiatives