Press release
Flexible AC Current Transmission System Market Set for Rapid Growth And Trend, by 2025
Flexible AC Current Transmission System Market: Drivers
With the rising demand of power in electricity usage and other applications, it has created countless opportunities for FACTS. Its benefits include reduction in loop flows, voltage fluctuations and reactive power flows. Other benefits are increase in power system security and power loading capability. FACTS controllers provide faster control actions as compared to conventional devices, such as switches or phase shifting transformers. On the other hand, key challenges for global flexible AC transmission systems market (FACTS market) are the cost of these systems, growing diversities in environmental, land-use and regulatory pressures. These challenges have restricted the growth of electric power transmission facilities in many parts of the world.
Flexible AC Current Transmission System Market: Segmentation
The global flexible AC current transmission systems market (FACTS market) can be segmented on the basis of application, component and compensation type. The key application based segments of global flexible AC current transmission systems market (FACTS market) are steel industry, mining industry and electric utilities industry. For the overall optimization of the AC current transmission system, various types of FACTS components used are series controller, shunt controller, combined series-series controller and combined series-shunt controllers. Depending on compensation types global flexible AC current transmission systems market (FACTS market) can be segmented into Static Var Compensator or SVC, Static Synchronous Compensator or STATCOM, Thyristor Controlled Breaking Reactor or TCSC, Thyristor Controlled Series Capacitor or TSC, Thyristor Switched Series Reactor or TSR and Static Synchronous Series Compensator or SSSC.
Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-445
In application segment, electric utilities has the largest market share and is expected to increase with growth in demand of power electronic devices. In compensation type, (Static Var Compensator) SVC accounts for largest share in global flexible AC current transmission systems market (FACTS market).
Global flexible AC current transmission systems market (FACTS market) is anticipated to grow at a high single digit CAGR from 2015 to 2025. Global flexible AC transmission systems (FACTS) installation revenue is anticipated to increase to nearly $40 billion during the forecast period. Currently, U.S. and Europe are the largest players in the global flexible AC current transmission systems market (FACTS market) due to replacement and up gradation of power infrastructure. However, APAC and Japan are anticipated to be the emerging regions in global flexible AC current transmission systems market due to increase in demand of renewable power sources.
Flexible AC Current Transmission System Market: Key Players
Major players in the global flexible AC current transmission systems market (FACTS market) are ABB, Alstom, Eaton and Xian Electric Engineering, General Electric, Mitsubishi Electric, Toshiba, Siemens, America Superconductor Corporation and Others.
Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-445
ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Flexible AC Current Transmission System Market Set for Rapid Growth And Trend, by 2025 here
News-ID: 551686 • Views: …
More Releases from Future Market Insights
Acrylic Fine Particle Market to Reach USD 323.5 Million by 2035, Driven by Packa …
The global acrylic fine particle market is entering a dynamic growth phase, expected to expand from USD 225 million in 2025 to nearly USD 323.5 million by 2035. This growth of USD 98.5 million over a decade reflects a compound annual growth rate of 3.7%, as rising demand for sustainable packaging, high-performance automotive materials, and advanced polymer technologies reshapes market opportunities worldwide.
As the market grows by almost 1.44 times in…
Atomic Absorption Spectrometer Market Set to Reach USD 3.33 Billion by 2035
The global atomic absorption spectrometer (AAS) market is entering a decade of accelerated growth, poised to reach USD 3,330.7 million by 2035, growing at a CAGR of 5.7% from 2025. This expansion presents a compelling opportunity for manufacturers seeking enhanced precision, compliance, and efficiency in elemental analysis. The market, valued at USD 1,922 million in 2025, is being driven by increasing applications across pharmaceuticals, environmental testing, food safety, and chemical…
AR Coated Film Glass Market to Hit USD 1,340.8 million by 2035 Driven by Solar, …
The global anti-reflective (AR) coated film glass market is entering a decade of steady expansion, forecast to grow from USD 988.0 million in 2025 to USD 1,340.8 million by 2035. This increase of USD 352.8 million represents a compound annual growth rate (CAGR) of 3.1%, underscoring the resilience of the market in meeting the world's rising demand for energy-efficient materials, solar photovoltaic solutions, and advanced optical applications.
As renewable energy adoption…
Anode Refining Furnace Market Set to Reach USD 525.1 Million by 2035 Amid Copper …
The global anode refining furnace market enters a transformative decade as copper production requirements and sustainability initiatives converge to reshape metallurgical processing landscapes worldwide. Valued at USD 379.6 million in 2025, the market is projected to reach USD 525.1 million by 2035, advancing at a compound annual growth rate of 3.3% throughout the forecast period. This progression, representing a 38.3% total value increase, reflects expanding copper production volumes, technological advancement…
More Releases for FACTS
Paint Additives Industry Worldwide - Statistics & Facts
The Paint Additives Market is expected to register a CAGR of 5% from 2025 to 2031. The report is segmented by Additive Type (Rheology Modifiers, Wetting and Dispersing Agents, Defoamers, and Others). The report is also segmented based on Formulation Type (Water-Based and Solvent-Based) and Application (Building and Construction, Automotive, Wood and Furniture, and Others).
Download PDF Brochure at: https://www.theinsightpartners.com/sample/TIPRE00020597/?utm_source=OpenPR&utm_medium=10413
The List of Companies
1. ANGUS Chemical Company
2. Arch Chemicals
3. Ashland
4. BYK-Chemie GmbH
5.…
QuadAir Drone Reviews - Shocking Facts Revealed
Get QuadAir Drone Today >> https://rebrand.ly/128buzr
QuadAir Drone is precision-engineered and designed for ease of flying.
QuadAir Drone, a popular holiday gift, is durable, foldable and lightweight. It's also affordable.
Is QuadAir Drone worth the hype? What is the QuadAir Drone's working principle? Continue reading for all the details about QuadAir Drone.
Must See: Official Site of QuadAir Drone [Up to 70% Discount Black Friday] >> https://rebrand.ly/128buzr
echnological innovations are making the world more…
T10 Cooler Reviews: Shocing Facts Revealed
Visit Official Website Here >> https://bit.ly/3LHCCDI
The T10 Cooler is a portable, compact cooler that can be used in place of traditional air conditioners. It absorbs heat and moisture to cool the air. The T10 Cooler provides instant relief from scorching heat at three speeds: medium-high, high, or low.
This equipment is designed to consume less electricity so that it can be used for long hours while using minimal power.
Must See: Visit…
7 Facts About Growth Hacking | UpGrowth
Growth hacking strategies can get you closer to your target audience and promise a higher return on investment (ROI).
• Attract New Users
With a well-devised strategy focused solely on growth, you will be able to attract new users interested in your offerings in a cost-effective and resource-efficient manner.
• Boost Conversions
With their experience and expertise, the dedicated growth engineers at Upgrowth help identify novel ways of adding new users to your base of…
10 interesting Facts about Shahab Signal.
We all have been told in our childhood that how we won't be able to succeed and achieve something in life if we do not study and get a degree of college. Dropping out of school or college to pursue our dream always considered a foolish and dangerous decision in our society however, that's not true in Shahab Signal story and for this we bet you 10 interesting facts about…
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…
