Flexible AC Transmission Systems (FACTS) Controllers Market Growth and Forecast 2021 to 2027 |ABB, Siemens, GE Grid Solutions, Alstom

Global Flexible AC Transmission Systems (FACTS) Controllers Market Research Report 2021

The Flexible AC Transmission Systems (FACTS) Controllers Market Report 2021-2027 provides global market size, regional and national level market size, market segment growth, market share, competitive landscape, sales analysis, influence of domestic and global market participants, and value chain Detailed analysis of optimization, trade regulations, latest developments, opportunity analysis, strategic market growth analysis, product launches, regional market expansion and technological innovation.

Flexible AC Transmission Systems (FACTS) Controllers Market refers to the protection of the economy’s assets, systems and networks, including communications, emergency services, energy, finance, food, government and public services, from threats and damage, which is essential for the operation of the country.

In accordance with the Flexible AC Transmission Systems (FACTS) Controllers Market is set to grow at a CAGR of 11.23 % over the forecast period (2021-2027).

Register a sample copy of this report here:

https://www.marketintelligencedata.com/reports/573591/global-flexible-ac-transmission-systems-facts-controllers-market-research-report-2021/inquiry?Mode=Radhika

MARKET OVERVIEW

With increasing income globally, living standards of people has improved drastically. Higher income increases the spending power of people and gives them feasibility to buy even high-end goods. One such necessity good is air conditioner, and its demand has grown significantly in the last couple of years. Its demand has increased considerably in developing economies as compared to developed economies.

This increase in demand has further benefited growth in other supporting industries. Flexible AC transmission system is one such supporting industry that has grown rapidly with the growing demand for ACs.

Leading companies in the global Flexible AC Transmission Systems (FACTS) Controllers market.

ABB, Siemens, GE Grid Solutions, Alstom, Mitsubishi Electric Corporation, Eaton Corporation, American Electric Power, Hyosung, Adani Power, NR Electric

INDUSTRY NEWS

ABB has acquired 40 companies, including 8 in the last 5 years. A total of 12 acquisitions came from private equity firms. It has also divested 6 assets.

ABB’s largest acquisition to date was in 2010, when it acquired Baldor Electric for $4.2B. It’s largest disclosed sale occurred in 2021, when it sold ABB - DODGE Mechanical Power Transmission Business to RBC Bearings for $2.9B. ABB has acquired in 8 different US states, and 16 countries. The Company’s most targeted sectors include electrical equipment (39%) and technology hardware (17%).

The report based on the type of Flexible AC Transmission Systems (FACTS) Controllers  market is broken down:

Series Controllers

Shunt Controllers

Shunt-Series Controllers

Series-Series Controllers

On the basis of segmentation by application, the key Flexible AC Transmission Systems (FACTS) Controllers  market can be subdivided into:

Electric Utilities

Renewables

Railways

Industrial

Oil & Gas

Global Flexible AC Transmission Systems (FACTS) Controllers Market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis

Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

REGIONAL ANALYSIS

North America and Europe are projected to be the leading region for the global flexible AC transmission system market. Continuous developments and rising replacement of the existing power infrastructures, with high integration of renewable sources in the power grids, in developed countries are the key reason behind demand for FACTS. Asia Pacific on the other hand, is projected to contribute significantly in the growth of this market.

Access The Full Report Here

https://www.marketintelligencedata.com/reports/573591/global-flexible-ac-transmission-systems-facts-controllers-market-research-report-2021?Mode=Radhika

Highlights of the Flexible AC Transmission Systems (FACTS) Controllers Market

Quantitative market information and forecasts of the global Flexible AC Transmission Systems (FACTS) Controllers  Market industry by type, end use, and geographic region.

Expert analysis of key technology, demographic, economic and regulatory factors that will promote the development of Flexible AC Transmission Systems (FACTS) Controllers Market until 2027.
Market opportunities and new investment proposals.
Growth prospects among emerging countries by 2027.

Purchase Report Here:

https://www.marketintelligencedata.com/report/purchase/573591?mode=su?Mode=Radhika

The report provides a summary of the important functions and key Flexible AC Transmission Systems (FACTS) Controllers market:

Detailed Flexible AC Transmission Systems (FACTS) Controllers market overview
The report provides a precise analysis of changing competitive dynamics.
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.
The competitive landscape of the cyber security market for key Flexible AC Transmission Systems (FACTS) Controllers .
Key players and product strategy.
Potential and segmented markets/regions are showing considerable growth.

Finally, the key Flexible AC Transmission Systems (FACTS) Controllers market report is a reliable source of market research that will accelerate your business exponentially. The report also proposes a new task SWOT review, speculative accessibility investigation and risk-reward investigation.

We also provide customized reports based on specific customer requirements:

1- Country/region analysis of any 5 countries/regions you choose.

2- Competitive analysis of any 5 major market participants.

3 to 40 analyst hours, covering all other data points

About Us:

Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

Mail to: sales@marketintelligencedata.com

This release was published on openPR.