Global Flexible AC Transmission Systems (FACTS) Market 2022 Industry Insights and Major Players are ABB, Siemens, GE Grid Solutions, Alstom, Mitsubishi Electric Corporation

High Voltage AC Transmission Lines - The Electricity Forum

Global Flexible AC Transmission Systems (FACTS) Market Growth 2022-2026 offers a complete research study of the market that includes accurate forecasts and analysis at global, regional, and country levels. It provides a comprehensive view of the global Flexible AC Transmission Systems (FACTS) market and detailed value chain analysis. The report offers a deep segmental analysis of the market where key product and application segments are shed light upon. Readers are provided with actual market figures related to the size of the global Flexible AC Transmission Systems (FACTS) market in terms of value and volume for the forecast period 2022-2026.

The report presents a significant understanding with respect to the working and development of the market on a local and worldwide level. This analysis report is the collation of all the wide-ranging information relating to the market statistics during the recent years as well as forecasts for coming years. It reveals in-depth analysis and organized explanations of current market trends to let users make effective decisions. It covers the major players actively participating and competing within the global Flexible AC Transmission Systems (FACTS) market. It entails several companies, manufacturers, suppliers, organizations, and so on.

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.


The leading players in the market are:

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

Market Segmentation:

Research analysts have studied and analyzed the report on major segments which cover the market share, revenues, growth rate along with the other factors that uplift the growth rate in the global Flexible AC Transmission Systems (FACTS) market. This study will lead in identifying the high growth areas as well as in identifying the growth factors which are helping in leading these segments.

The product type segment discusses the different kinds of products made available by the global market:

  • Shunt Compensation
  • Series Compensation
  • Combined Series and Shunt Compensation
  • Other

The product application segment examines the different end-users operational in the global market:

  • Electric Utilities
  • Renewables
  • Railways
  • Industrial
  • Oil & Gas

Market segment by regions/countries, this report covers:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)



  • The report covers the forecast and analysis for the global Flexible AC Transmission Systems (FACTS) market on a global and regional level.
  • The report includes the positive and the negative factors that are influencing the growth of the market.
  • The revenue generated by the prominent industry players has been analyzed in the report.
  • The market numbers have been calculated using top-down and bottom-up approaches.
  • The market has been analyzed using Porter’s Five Forces Analysis.
  • All the segments have been evaluated based on the present and future trends.

Moreover, readers are provided with production and revenue forecasts for the Flexible AC Transmission Systems (FACTS) market, production and consumption forecasts for regional markets, production, revenue, and price forecasts for the global Flexible AC Transmission Systems (FACTS) market by type, and consumption forecast for the market by application.

Customization of the Report:

This report can be customized to meet the client’s requirements. Please connect with our sales team ([email protected]), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +1-201-465-4211 to share your research requirements.

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