Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1463.88 Million | USD 2657.51 Million | 6.85% | 2023 |
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Flexible AC Transmission Systems Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Flexible AC Transmission Systems Market
FIG. 6 Global Flexible AC Transmission Systems Market Attractiveness, By Compensation Type
FIG. 7 Global Flexible AC Transmission Systems Market Attractiveness, By Industry Vertical
FIG. 8 Global Flexible AC Transmission Systems Market Attractiveness, By Voltage
FIG. 9 Global Flexible AC Transmission Systems Market Attractiveness, By Function
FIG. 10 Global Flexible AC Transmission Systems Market Attractiveness, By End-User
FIG. 11 Company Share Analysis, 2019
FIG. 12 Global Flexible AC Transmission Systems Market Revenue Share, by Compensation Type, 2019 & 2026
FIG. 13 Global Flexible AC Transmission Systems Market for Static Var Compensation (SVC), Revenue (USD Million) 2016 - 2026
FIG. 14 Global Flexible AC Transmission Systems Market for Static Compensator (STATCOM), Revenue (USD Million) 2016 - 2026
FIG. 15 Global Flexible AC Transmission Systems Market for Series Compensation, Revenue (USD Million) 2016 - 2026
FIG. 16 Global Flexible AC Transmission Systems Market for Combined Compensation, Revenue (USD Million) 2016 - 2026
FIG. 17 Global Flexible AC Transmission Systems Market Revenue Share, by Industry Vertical, 2019 & 2026
FIG. 18 Global Flexible AC Transmission Systems Market for Utilities, Revenue (USD Million) 2016 - 2026
FIG. 19 Global Flexible AC Transmission Systems Market for Renewables, Revenue (USD Million) 2016 - 2026
FIG. 20 Global Flexible AC Transmission Systems Market for Railways, Revenue (USD Million) 2016 - 2026
FIG. 21 Global Flexible AC Transmission Systems Market for Industrial, Revenue (USD Million) 2016 - 2026
FIG. 22 Global Flexible AC Transmission Systems Market Revenue Share, by Voltage, 2019 & 2026
FIG. 23 Global Flexible AC Transmission Systems Market for 132 kV to 220 kV, Revenue (USD Million) 2016 - 2026
FIG. 24 Global Flexible AC Transmission Systems Market for > 220 kV to 660 kV, Revenue (USD Million) 2016 - 2026
FIG. 25 Global Flexible AC Transmission Systems Market for > 660 kV, Revenue (USD Million) 2016 - 2026
FIG. 26 Global Flexible AC Transmission Systems Market Revenue Share, by Function, 2019 & 2026
FIG. 27 Global Flexible AC Transmission Systems Market for Voltage Control, Revenue (USD Million) 2016 - 2026
FIG. 28 Global Flexible AC Transmission Systems Market for Network Stabilization, Revenue (USD Million) 2016 - 2026
FIG. 29 Global Flexible AC Transmission Systems Market for Transmission Capacity, Revenue (USD Million) 2016 - 2026
FIG. 30 Global Flexible AC Transmission Systems Market for Harmonic Suppression, Revenue (USD Million) 2016 - 2026
FIG. 31 Global Flexible AC Transmission Systems Market for Others, Revenue (USD Million) 2016 - 2026
FIG. 32 Global Flexible AC Transmission Systems Market Revenue Share, by Region, 2019 & 2026
FIG. 33 North America Flexible AC Transmission Systems Market Revenue, 2016 - 2026 (USD Million)
FIG. 34 Europe Flexible AC Transmission Systems Market Revenue, 2016 - 2026 (USD Million)
FIG. 35 Asia Pacific Flexible AC Transmission Systems Market Revenue, 2016 - 2026 (USD Million)
FIG. 36 Latin America Flexible AC Transmission Systems Market Revenue, 2016 - 2026 (USD Million)
FIG. 37 The Middle-East and Africa Flexible AC Transmission Systems Market Revenue, 2016 - 2026 (USD Million)
List of Tables
TABLE 1 Global Flexible AC Transmission Systems Market: Snapshot
TABLE 2 Drivers of the Flexible AC Transmission Systems Market: Impact Analysis
TABLE 3 Restraints for the Flexible AC Transmission Systems Market: Impact Analysis
TABLE 4 Global Flexible AC Transmission Systems Market Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North America Flexible AC Transmission Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North America Flexible AC Transmission Systems Market Revenue, by Compensation Type, 2016 – 2026 (USD Million)
TABLE 7 North America Flexible AC Transmission Systems Market Revenue, by Industry Vertical, 2016 – 2026 (USD Million)
TABLE 8 North America Flexible AC Transmission Systems Market Revenue, by Voltage, 2016 – 2026 (USD Million)
TABLE 9 North America Flexible AC Transmission Systems Market Revenue, by Function, 2016 – 2026 (USD Million)
TABLE 10 Europe Flexible AC Transmission Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 11 Europe Flexible AC Transmission Systems Market Revenue, by Compensation Type, 2016 – 2026 (USD Million)
TABLE 12 Europe Flexible AC Transmission Systems Market Revenue, by Industry Vertical, 2016 – 2026 (USD Million)
TABLE 13 Europe Flexible AC Transmission Systems Market Revenue, by Voltage, 2016 – 2026 (USD Million)
TABLE 14 Europe Flexible AC Transmission Systems Market Revenue, by Function, 2016 – 2026 (USD Million)
TABLE 15 Asia Pacific Flexible AC Transmission Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 16 Asia Pacific Flexible AC Transmission Systems Market Revenue, by Compensation Type, 2016 – 2026 (USD Million)
TABLE 17 Asia Pacific Flexible AC Transmission Systems Market Revenue, by Industry Vertical, 2016 – 2026 (USD Million)
TABLE 18 Asia Pacific Flexible AC Transmission Systems Market Revenue, by Voltage, 2016 – 2026 (USD Million)
TABLE 19 Asia Pacific Flexible AC Transmission Systems Market Revenue, by Function, 2016 – 2026 (USD Million)
TABLE 20 Latin America Flexible AC Transmission Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 21 Latin America Flexible AC Transmission Systems Market Revenue, by Compensation Type, 2016 – 2026 (USD Million)
TABLE 22 Latin America Flexible AC Transmission Systems Market Revenue, by Industry Vertical, 2016 – 2026 (USD Million)
TABLE 23 Latin America Flexible AC Transmission Systems Market Revenue, by Voltage, 2016 – 2026 (USD Million)
TABLE 24 Latin America Flexible AC Transmission Systems Market Revenue, by Function, 2016 – 2026 (USD Million)
TABLE 25 The Middle-East and Africa Flexible AC Transmission Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 26 The Middle-East and Africa Flexible AC Transmission Systems Market Revenue, by Compensation Type, 2016 – 2026 (USD Million)
TABLE 27 The Middle-East and Africa Flexible AC Transmission Systems Market Revenue, by Industry Vertical, 2016 – 2026 (USD Million)
TABLE 28 The Middle-East and Africa Flexible AC Transmission Systems Market Revenue, by Voltage, 2016 – 2026 (USD Million)
TABLE 29 The Middle-East and Africa Flexible AC Transmission Systems Market Revenue, by Function, 2016 – 2026 (USD Million)
FrequentlyAsked Questions
Advanced electrical devices and technologies, known as Flexible AC Transmission Systems (FACTS), are employed to improve the efficacy, stability, and control of alternating current (AC) power transmission. FACTS systems enhance the existing power grid's capabilities by regulating power flow and voltage levels, reducing losses, and facilitating the more efficient utilisation of transmission lines. They are particularly beneficial in large, intricate power networks, as they assist in the mitigation of issues related to grid stability, power quality, and congestion.
The demand for FACTS technologies is augmented by the necessity for efficient power flow management and grid stability as electrical infrastructures become more complex and demand increases.
According to a report from Zion Market Research, the global Flexible AC Transmission Systems Market was valued at USD 1463.88 Million in 2023 and is projected to hit USD 2657.51 Million by 2032.
According to a report from Zion Market Research, the global Flexible AC Transmission Systems Market a compound annual growth rate (CAGR) of 6.85% during the forecast period 2024-2032.
Based on regions, the global flexible AC transmission systems market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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