Press release
COVID-19 Impact Assessment on Flexible AC Transmission Systems (FACTS) Market Precise Outlook- ABB, Siemens, RXPE, Sieyuan Electric, Mitsubishi Electric, GE, Toshiba
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.This Flexible AC Transmission Systems (FACTS) Industry report provides details of recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, strategic market growth analysis, and market size. The report also offers insightful and detailed information regarding the various key players operating in the global Flexible AC Transmission Systems (FACTS) market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global Flexible AC Transmission Systems (FACTS) market is segmented on the basis of component, application, and region.
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The Flexible AC Transmission Systems (FACTS) market was valued at 1160 Million US$ in 2017 and is projected to reach 1770 Million US$ by 2025, at a CAGR of 5.4% during the forecast period
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."
Flexible AC Transmission Systems (FACTS) Market Segmentation:
Top leading Manufactures Profiled in Flexible AC Transmission Systems (FACTS) Market Report are:
ABB, Siemens, RXPE, Sieyuan Electric, Mitsubishi Electric, GE, Toshiba, AMSC, Hyosung
Market Research Study Focus on these Types:
Shunt Compensation
Series Compensation
Others
Market Research Study Focus on these Applications:
Metal Industry
Railway
Mining
Utilities
Others
*News & Updates:
Siemens:
June 06, 2018 Siemens deploys world's-largest grid stabilization tech solution in Odisha
Mitsubishi Electric:
TOKYO, Oct. 23, 2012 Mitsubishi Electric Wins FACTS Equipment Order from Oncor for Brown Switching Station in Texas
Toshiba:
March 30, 2020 Toshiba Launches Two New 80V N-channel Power MOSFETs
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Flexible AC Transmission Systems (FACTS) Market Scenario:
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.
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Table of Contents:
-Flexible AC Transmission Systems (FACTS) Market Overview
-Economic Impact on Industry
-Market Competition by Manufacturers
-Production, Revenue (Value) by Region
-Supply (Production), Consumption, Export, Import by Regions
-Production, Revenue (Value), Price Trend by Type
-Market Analysis by Application
-Manufacturing Cost Analysis
-Industrial Chain, Sourcing Strategy and Downstream Buyers
-Marketing Strategy Analysis, Distributors/Traders
-Market Effect Factors Analysis
-Flexible AC Transmission Systems (FACTS) Market Forecast
The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report an invaluable resource for company executives, marketing executive, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
In conclusion, Flexible AC Transmission Systems (FACTS) market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function a profitable guide for all the Flexible AC Transmission Systems (FACTS) Industry business competitors.Our expert research analyst's team has been trained to provide in-depth market research report from every individual sector which will be helpful to understand the industry data in the most precise way.
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team,
Contact US:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
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FACTS (Flexible AC Transmission System) Market : Facts, Figures and Analytical I …
FACTS (Flexible alternating current transmission system) comprises of static components which are used for the AC transmission of electrical energy. It finds its application for increasing the flexibility, controllability and power transfer ability of a power transmission network. The global FACTS market can be broadly divided into three compensation types namely shunt connected, shunt, series and combined series. Shunt connected and combined series compensation consists of Interline Power Flow controller…
