Flexible AC Transmission System (FACTS) Global Market Report 2025

Description

Flexible AC transmission system (FACTS) is a set of tools utilized to overcome specific limitations in the static and dynamic transmission capabilities of electrical networks. These tools are deployed to regulate voltage, dampen oscillations, improve transient stability, and manage power flow within transmission lines.

The primary products within the realm of Flexible AC Transmission Systems include Static Synchronous Compensator (STATCOM), Static Vary Compensator (SVC), Unified Power Flow Controllers (UPFC), and Thyristor-Controlled Series Compensator (TCSC). STATCOM, specifically, is a power-quality FACTS device employing multiple inverters or a Voltage Source Converter (VSC) connected in series to a transmission line. It operates through various compensation types, such as shunt compensation, series compensation, and combined series-shunt compensation. These devices are categorized based on their functionality in voltage control, network stabilization, and transmission capacity. They find applications in utilities, renewables, industrial settings, railways, and various other sectors.

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The flexible AC transmission system (FACTS) market size has grown strongly in recent years. It will grow from$1.38 billion in 2024 to $1.46 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to grid reliability concerns, aging power infrastructure, electricity market deregulation, transmission line congestion, global expansion of high-voltage networks, and environmental concerns

The flexible AC transmission system (FACTS) market size is expected to see strong growth in the next few years. It will grow to $1.91 billion in 2029 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to increased penetration of electric vehicles, grid resilience against natural disasters, transition to renewable energy, cybersecurity concerns, and decentralized energy generation. Major trends in the forecast period include multi-terminal HVDC systems, integration of energy storage, energy efficiency, and conservation, voltage source converters (VSC) in facts, next-generation facts technologies, and integration of advanced power electronics.

The expansion of grid infrastructure is expected to drive the growth of the flexible AC transmission systems market in the future. Grid infrastructure comprises power plants, power lines, and substations. Flexible AC Transmission Systems (FACTS) are implemented within this infrastructure to enhance transmission line capacity and improve system stability by reducing the transfer reactance of power lines. For example, in September 2024, the International Energy Agency, a France-based intergovernmental organization, reported an approximate 8% increase in electricity grid investment in 2022. It also noted that investment in smart grids must more than double by 2030 to meet the target of achieving Net Zero Emissions by 2050. Thus, the expansion of grid infrastructure is propelling the growth of the flexible AC transmission systems market moving forward.

The integration of renewable energy is poised to further drive the growth of the flexible AC transmission systems market. Renewable energy is derived from sources that are naturally replenished and considered sustainable over the long term. Flexible AC Transmission Systems (FACTS), including technologies such as Static Vary Compensators (SVCs) and Static Synchronous Compensators (STATCOMs), plays a pivotal role in enhancing grid stability by dynamically controlling voltage and reactive power. This is particularly beneficial for accommodating fluctuations from renewable sources. In 2023, the Energy Information Administration reported that renewable energy sources supplied 25% of the United States' electrical generation in the first half of the year, with solar power contributing 5.77%. The integration of renewable energy into the electrical grid is facilitated by FACTS technologies, optimizing power flow and improving system reliability. This integration enhances grid flexibility and maximizes the utilization of renewable resources, thereby driving the flexible AC transmission systems market.

A prominent trend is the adoption of technological innovations by companies seeking to maintain their competitive positions. Siemens Energy AG, a German-based manufacturer of gas turbines, steam turbines, generators, and transformers, exemplifies this trend by introducing UPFC Plus (Unified Power Flow Controller). UPFC Plus, a combination of STATCOM (Static Synchronous Compensator) and Static Synchronous Series Compensator (SSSC) based on Voltage Source Converter (VSC) technology, has been designed to assist system operators in grid stabilization. It dynamically manages load flow in alternating-current grids, providing grid operators with enhanced capabilities to respond swiftly to shifting power demand. This technology facilitates the integration of renewable energy while ensuring grid resilience and stability.

Major players in the flexible AC transmission systems market are strategically forming partnerships to sustain their market positions. Collaborations in the field of FACTS can accelerate technological advancements, reduce costs, mitigate risks, and foster a more efficient implementation of these systems in power grid infrastructure, benefiting both the industry and consumers. For instance, in September 2023, Hitachi, a Japan-based company with diverse business sectors, including power systems and electronic systems, collaborated with TenneT, a Europe-based transmission system operator. This partnership aims to expedite the development of Germany's transmission grid as part of the broader objective to facilitate the energy transition. The collaboration leverages sustainable and high-performing equipment to modernize and enhance the capacity and stability of the power grid.

In November 2022, DNV AS, a Norway-based global independent expert, completed the acquisition of PSD Consulting Engineers Ltd. for an undisclosed amount. This strategic move enhances DNV's service offerings in power system planning and flexible AC transmission systems (FACTS). The acquisition strengthens DNV's position in the global power market by integrating PSD's international project references, global customer portfolio, and renowned FACTS advisory services. PSD Consulting Engineering Pty. Ltd., the acquired South African-based company, specializes in engineering design work for HVDC, series capacitors, dynamic and static shunt compensation, and transmission and distribution lines and substations.

Major companies operating in the flexible AC transmission system (FACTS) market include ABB Ltd., Alstom SA, Mitsubishi Electric Corporation, CG Power and Industrial Solutions Limited, General Electric Company, Siemens AG, Eaton Corporation plc, NR Electric Co. Ltd., Liaoning Rongxin Xingye Power Technology Co. Ltd., Toshiba Corporation, American Electric Power Company Inc., S&C Electric Company, Arteche Group, Rongxin Power Electronic Co. Ltd., Sieyuan Electric Co.Ltd., Fuji Electric Co. Ltd., LSIS Co. Ltd., Bharat Heavy Electricals Limited, Schneider Electric SE, Hyosung Heavy Industries Corporation, Infineon Technologies AG, Hitachi ABB Power Grids Ltd., Crompton Greaves Limited

North America was the largest region in the flexible AC transmission systems (FACTS) market in 2024. Europe is expected to be the fastest-growing region in the global flexible AC transmission systems market during the forecast period. The regions covered in the flexible ac transmission system (facts) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the flexible ac transmission system (facts) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The flexible AC transmission systems market consists of revenues earned by entities by providing services such as power flow control, voltage control, power conditioning, power quality improvement, and stability improvement. The market value includes the value of related goods sold by the service provider or included within the service offering. The flexible AC transmission systems market also includes sales of shunt controllers, series controllers, and phase angle controllers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Flexible AC Transmission System (FACTS) Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on flexible ac transmission system (facts) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for flexible ac transmission system (facts) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The flexible ac transmission system (facts) market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Product: Static Synchronous Compensator (STATCOM); Static Var Compensator (SVC); Unified Power Flow Controllers (UPFC); Thyristor Controlled Series Compensator (TCSC)
2) By Compensation Type: Shunt Compensation; Series Compensation; Combined Series-Shunt Compensation
3) By Functionality: Voltage Control; Network Stabilization; Transmission Capacity
4) By Application: Utilities; Renewables; Industrial; Railways; Other Applications
Subsegments:
1) By Static Synchronous Compensator (STATCOM): Voltage Source Converter (VSC) Based STATCOM; Current Source Converter (CSC) Based STATCOM
2) By Static Var Compensator (SVC): Thyristor Controlled Reactor (TCR); Thyristor Switched Capacitor (TSC)
3) By Unified Power Flow Controllers (UPFC): Series Compensator Component; Shunt Compensator Component
4) By Thyristor Controlled Series Compensator (TCSC): Fixed Series Capacitors with Thyristor Control; Thyristor Controlled Series Reactors
Companies Mentioned: ABB Ltd.; Alstom SA; Mitsubishi Electric Corporation; CG Power and Industrial Solutions Limited; General Electric Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r24142

1. Executive Summary

2. Flexible AC Transmission System (FACTS) Market Characteristics

3. Flexible AC Transmission System (FACTS) Market Trends And Strategies

4. Flexible AC Transmission System (FACTS) Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid And Recovery on the Market

5. Global Flexible AC Transmission System (FACTS) Growth Analysis And Strategic Analysis Framework

5.1. Global Flexible AC Transmission System (FACTS) PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Flexible AC Transmission System (FACTS) Market Growth Rate Analysis
5.4. Global Flexible AC Transmission System (FACTS) Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Flexible AC Transmission System (FACTS) Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Flexible AC Transmission System (FACTS) Total Addressable Market (TAM)

6. Flexible AC Transmission System (FACTS) Market Segmentation

6.1. Global Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Static Synchronous Compensator (STATCOM)
Static Var Compensator (SVC)
Unified Power Flow Controllers (UPFC)
Thyristor Controlled Series Compensator (TCSC)
6.2. Global Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Shunt Compensation
Series Compensation
Combined Series-Shunt Compensation
6.3. Global Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Voltage Control
Network Stabilization
Transmission Capacity
6.4. Global Flexible AC Transmission System (FACTS) Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Utilities
Renewables
Industrial
Railways
Other Applications
6.5. Global Flexible AC Transmission System (FACTS) Market, Sub-Segmentation Of Static Synchronous Compensator (STATCOM), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Voltage Source Converter (VSC) Based STATCOM
Current Source Converter (CSC) Based STATCOM
6.6. Global Flexible AC Transmission System (FACTS) Market, Sub-Segmentation Of Static Var Compensator (SVC), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Thyristor Controlled Reactor (TCR)
Thyristor Switched Capacitor (TSC)
6.7. Global Flexible AC Transmission System (FACTS) Market, Sub-Segmentation Of Unified Power Flow Controllers (UPFC), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Series Compensator Component
Shunt Compensator Component
6.8. Global Flexible AC Transmission System (FACTS) Market, Sub-Segmentation Of Thyristor Controlled Series Compensator (TCSC), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Fixed Series Capacitors with Thyristor Control
Thyristor Controlled Series Reactors

7. Flexible AC Transmission System (FACTS) Market Regional And Country Analysis

7.1. Global Flexible AC Transmission System (FACTS) Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Flexible AC Transmission System (FACTS) Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Flexible AC Transmission System (FACTS) Market

8.1. Asia-Pacific Flexible AC Transmission System (FACTS) Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Flexible AC Transmission System (FACTS) Market

9.1. China Flexible AC Transmission System (FACTS) Market Overview
9.2. China Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Flexible AC Transmission System (FACTS) Market

10.1. India Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Flexible AC Transmission System (FACTS) Market

11.1. Japan Flexible AC Transmission System (FACTS) Market Overview
11.2. Japan Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Flexible AC Transmission System (FACTS) Market

12.1. Australia Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Flexible AC Transmission System (FACTS) Market

13.1. Indonesia Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Flexible AC Transmission System (FACTS) Market

14.1. South Korea Flexible AC Transmission System (FACTS) Market Overview
14.2. South Korea Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Flexible AC Transmission System (FACTS) Market

15.1. Western Europe Flexible AC Transmission System (FACTS) Market Overview
15.2. Western Europe Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Flexible AC Transmission System (FACTS) Market

16.1. UK Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Flexible AC Transmission System (FACTS) Market

17.1. Germany Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Flexible AC Transmission System (FACTS) Market

18.1. France Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Flexible AC Transmission System (FACTS) Market

19.1. Italy Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Flexible AC Transmission System (FACTS) Market

20.1. Spain Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Flexible AC Transmission System (FACTS) Market

21.1. Eastern Europe Flexible AC Transmission System (FACTS) Market Overview
21.2. Eastern Europe Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Flexible AC Transmission System (FACTS) Market

22.1. Russia Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Flexible AC Transmission System (FACTS) Market

23.1. North America Flexible AC Transmission System (FACTS) Market Overview
23.2. North America Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Flexible AC Transmission System (FACTS) Market

24.1. USA Flexible AC Transmission System (FACTS) Market Overview
24.2. USA Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Flexible AC Transmission System (FACTS) Market

25.1. Canada Flexible AC Transmission System (FACTS) Market Overview
25.2. Canada Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Flexible AC Transmission System (FACTS) Market

26.1. South America Flexible AC Transmission System (FACTS) Market Overview
26.2. South America Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Flexible AC Transmission System (FACTS) Market

27.1. Brazil Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Flexible AC Transmission System (FACTS) Market

28.1. Middle East Flexible AC Transmission System (FACTS) Market Overview
28.2. Middle East Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Flexible AC Transmission System (FACTS) Market

29.1. Africa Flexible AC Transmission System (FACTS) Market Overview
29.2. Africa Flexible AC Transmission System (FACTS) Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Flexible AC Transmission System (FACTS) Market, Segmentation By Compensation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Flexible AC Transmission System (FACTS) Market, Segmentation By Functionality, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Flexible AC Transmission System (FACTS) Market Competitive Landscape And Company Profiles

30.1. Flexible AC Transmission System (FACTS) Market Competitive Landscape
30.2. Flexible AC Transmission System (FACTS) Market Company Profiles
- 30.2.1. ABB Ltd. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. Alstom SA Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Mitsubishi Electric Corporation Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. CG Power and Industrial Solutions Limited Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. General Electric Company Overview, Products and Services, Strategy and Financial Analysis

31. Flexible AC Transmission System (FACTS) Market Other Major And Innovative Companies

31.1. Siemens AG
31.2. Eaton Corporation plc
31.3. NR Electric Co. Ltd.
31.4. Liaoning Rongxin Xingye Power Technology Co. Ltd.
31.5. Toshiba Corporation
31.6. American Electric Power Company Inc.
31.7. S&C Electric Company
31.8. Arteche Group
31.9. Rongxin Power Electronic Co. Ltd.
31.10. Sieyuan Electric Co.Ltd.
31.11. Fuji Electric Co. Ltd.
31.12. LSIS Co. Ltd.
31.13. Bharat Heavy Electricals Limited
31.14. Schneider Electric SE
31.15. Hyosung Heavy Industries Corporation

32. Global Flexible AC Transmission System (FACTS) Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Flexible AC Transmission System (FACTS) Market

34. Recent Developments In The Flexible AC Transmission System (FACTS) Market

35. Flexible AC Transmission System (FACTS) Market High Potential Countries, Segments and Strategies

35.1 Flexible AC Transmission System (FACTS) Market In 2029 - Countries Offering Most New Opportunities
35.2 Flexible AC Transmission System (FACTS) Market In 2029 - Segments Offering Most New Opportunities
35.3 Flexible AC Transmission System (FACTS) Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer