Press release
Flexible AC Transmission Systems (FACTS) Market Evolving Technology and Growth Outlook 2020 to 2026
The report Flexible AC Transmission Systems (FACTS) provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the Flexible AC Transmission Systems (FACTS).Click the link to get a Sample Copy of the Report:
https://www.marketinsightsreports.com/reports/04222000323/global-flexible-ac-transmission-systems-facts-market-insights-forecast-to-2026/inquiry?Source=OpenPR&Mode=48
Global Flexible AC Transmission Systems (FACTS) Market Analysis Report includes Top Companies: ABB, Siemens, GE Grid Solutions, Alstom, Mitsubishi Electric Corporation, Eaton Corporation, American Electric Power, Hyosung, Adani Power, NR Electric and others.
Latest Market Developments:
July 18, 2019: Norwegian Customer Statnett Turns to GE to Solve Increasingly Complex Grid Transmission Challenges
GE's Grid Solutions business [NYSE:GE] today announced its most recent Flexible AC Transmission System (FACTS) contract win in an ongoing collaboration with Statnett, Norway's electrical transmission system operator. Norway, a dominant force in the global energy arena, boasts one of the most sophisticated energy infrastructures in the world. GE's industry-leading Static Var Compensator (SVC) technology will be used to upgrade the existing SVCs at Rød and Verdal substations.
February 6, 2019: Grid Customers Facing Increasingly Complex Grid Transmission Systems Turn to GE’s Fixed Series Compensation (FSC) Systems
Grid transmission system is becoming increasingly complex and expected to carry bulk power in ways it was never originally designed to do. GE Power’s Grid Solutions business [NYSE:GE] today spotlighted recent Flexible AC Transmission System (FACTS) wins, specifically related to its industry-leading Fixed Series Compensation (FSC) technology that are helping customers navigate the evolving energy landscape. Totaling more than $60 million USD, these contracts reflect grid customers’ confidence in GE’s innovative FACTS solutions.
Flexible AC Current Transmission System (FACTS) is a power electronic-based system, composed of static equipment used for the AC transmission of electrical energy. FACTS offers collective controllability and the power transfer ability of the network, as well as results in reduced power supply costs. Complexity in networks has increased the issues in power supply quality, flexibility and reliability.
This report segments the Global Flexible AC Transmission Systems (FACTS) Market on the basis of Types are:
Shunt Compensation
Series Compensation
Combined Series and Shunt Compensation
Others
On the basis of Application, the Global Flexible AC Transmission Systems (FACTS) Market is segmented into:
Electric Utilities
Renewables
Railways
Industrial
Oil & Gas
Regional Analysis For Flexible AC Transmission Systems (FACTS) Market:
North America (United States, Canada, Mexico)
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
Central & South America (Brazil, Rest of South America)
Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Other)
Influence of the Flexible AC Transmission Systems (FACTS) market report:
-Comprehensive assessment of all opportunities and risk in the Flexible AC Transmission Systems (FACTS) market.
-Flexible AC Transmission Systems (FACTS) market recent innovations and major events.
-Detailed study of business strategies for growth of the Flexible AC Transmission Systems (FACTS) market-leading players.
-Conclusive study about the growth plot of Flexible AC Transmission Systems (FACTS) market for forthcoming years.
-In-depth understanding of Flexible AC Transmission Systems (FACTS) market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Flexible AC Transmission Systems (FACTS) market.
Browse Full Report:
https://www.marketinsightsreports.com/reports/04222000323/global-flexible-ac-transmission-systems-facts-market-insights-forecast-to-2026?Source=OpenPR&Mode=48
The key insights of the Flexible AC Transmission Systems (FACTS) Market report:
The report provides key statistics on the market status of the Flexible AC Transmission Systems (FACTS) market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Flexible AC Transmission Systems (FACTS) market report presents the company profile, product specifications, capacity, production value, and 2014-2020 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2020-2026 market development trends of Flexible AC Transmission Systems (FACTS) Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Flexible AC Transmission Systems (FACTS) Industry before evaluating its feasibility.
Furthermore, the Flexible AC Transmission Systems (FACTS) market has included a detailed view of market opportunity by end-user segments, product segments, sales channels, key countries, and import/export dynamics. This study consists of market segmentation by product types, applications and market division based on geographical regions. The report evaluates other factors such as industry share, market strategies, the competitive examination of top players involved in the industry, demand and supply status, import and export, distribution channel, and production capacity.
Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain 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.
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Global High Voltage Switchgear For Ac Transmission Systems Market Report 2019, Competitive Landscape, Trends And Opportunities
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We Also Offer Customization on report based on specific client Requirement:
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