Flexible AC Transmission Systems (FACTS) Market 2021 -2026 | ABB, Siemens, Alstom, Mitsubishi Electric Corporation, GE Grid Solutions

The Global Flexible AC Transmission Systems (FACTS) Market Research Report Forecast 2020 – 2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The report also takes into account the impact of the novel COVID-19 pandemic on the Flexible AC Transmission Systems (FACTS) market and offers a clear assessment of the projected market fluctuations during the forecast period. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehend Flexible AC Transmission Systems (FACTS) data that enhances the understanding, scope, and application of this report.

According to this study, over the next five years the Flexible AC Transmission Systems (FACTS) market will register a 3.9% CAGR in terms of revenue, the global market size will reach $ 1450.2 million by 2025, from $ 1242.4 million in 2019.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Flexible AC Transmission Systems (FACTS) Market: ABB, NR Electric, Siemens, Alstom, Mitsubishi Electric Corporation, GE Grid Solutions, Hyosung, Eaton Corporation, Adani Power, American Electric Power and Others.

(Exclusive new year offer Flat 25%- Use code MIR 25):

Click the link to get a free Sample Copy of the Report at:

 https://www.marketinsightsreports.com/reports/03121901432/global-flexible-ac-transmission-systems-facts-market-growth-2020-2025/inquiry?Mode=28  

Market Insights:

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.

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. The Europe held the largest share in the global market, its revenue of global market exceeds 46% in 2017. The next is Asia-Pacific.

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

Top Line Market Forecast:

Both Regional and Global sectors are included in the Outlook, with special breakouts for the NAM, European, MENA, and Asia-Pacific regions. The data covered is from 2015 to 2019 historically and from 2020 to 2025 forecasted, it also includes the impact of Covid-19 both on the short- and long-term prospects of the industry.         

Get a special discount:

https://www.marketinsightsreports.com/reports/03121901432/global-flexible-ac-transmission-systems-facts-market-growth-2020-2025/discount?Mode=28        

Important Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Flexible AC Transmission Systems (FACTS) Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth

The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, Flexible AC Transmission Systems (FACTS) Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Flexible AC Transmission Systems (FACTS) industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.         

Customization of the Report: The report can be further customized according to the client’s specific research requirements. No additional charges will be added for limited additional research.

Full browse the report description and TOC:

 https://www.marketinsightsreports.com/reports/03121901432/global-flexible-ac-transmission-systems-facts-market-growth-2020-2025?Mode=28          

Note: 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 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:
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.

This release was published on openPR.