Press release
Flexible AC Transmission Systems (FACTS) Market Size, Share, Trends, Analysis, Report & Forecast to 2022
According to StratisticsMRC, the global Flexible AC Transmission Systems (FACTS) market is estimated at $1.01 billion in 2015 and is expected to reach $1.56 billion by 2022 growing at a CAGR of 6.4% from 2015 to 2022. Government initiatives for flexible AC transmission systems (FACTS) implementation and rising demand for voltage and power control solutions are the factors fuelling the market growth. Whereas low awareness and high installation cost are the factors hampering the market. Adoption in renewable source of power generation is opportunity factor for market growth.Electric Utilities in Vertical segment holds the lucrative share and is expected to move with highest CAGR during forecast period owing to rise in demand for electronic devices. Static var compensator (SVC) of shunt compensation segment holds the largest share. North America accounted highest share owing to increase in smart grid projects in Canada and United States and Asia Pacific is anticipated to grow at highest CAGR during forecast period owing to increase in government support and renewable power sources in countries like India, Japan and China.
Some of the key players in the market include General Electric, NR Electric Co., Ltd., Crompton Greaves, ABB Ltd., Adani Power, Corpoelec, Quanta Technology, Mitsubishi Electric Corporation, Hyosung, Beta Engineering, Siemens AG, America Superconductor Corporation, Eaton Corporation PLC, Nampower, American Electric Power, Toshiba, Alstom, Xian Electric Engineering and Electranix.
Sample Request at:
http://www.strategymrc.com/report/flexible-ac-transmission-systems-facts-market
Applications Covered:
• Dynamic State Applications
• Steady State Applications
Component Types Covered:
• Phase-Shifting Transformers (PST)
• Protection and Control Systems
• Power Electronics Devices
• Gis Switchgear
• Thyristors
• Capacitor Banks
• Surge Arresters
• Reactors
Verticals Covered:
• Oil & Gas
• Electric Utilities
• Renewables
o Solar Farms
o Wind Power Grids
§ Offshore Sea Cables
§ Onshore
• Industrial
o Mining
o Steel
• Railways
Compensation Types Covered:
• Series Compensation
o Thyristor Series Capacitor
o FSC (Fixed Series Capacitor)
• Shunt Compensation
o Static Var Compensator (SVC)
o Static Synchronous Compensator (Statcom)
• Combined Series and Shunt Compensation
o Interline Power Flow Controller (IPFC)
o Unified Power Flow Controller (UPFC)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
Access Full report at:
http://www.strategymrc.com/report/flexible-ac-transmission-systems-facts-market
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
For more information, please visit http://www.strategymrc.com/
Stratistics Market Research Consulting Pvt Ltd
17049 King James Way,
Gaithersburg, MD,
20877, USA
+1-301-202-5929
Email: info@strategymrc.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 Transmission Systems (FACTS) Market Size, Share, Trends, Analysis, Report & Forecast to 2022 here
News-ID: 384545 • Views: …
More Releases from Stratistics Market Research Consulting Pvt Ltd

Global Human Centric Lighting Market Report, Market Size, Share, Trends, Analysi …
Stratistics MRC's Global Human Centric Lighting Market value is expected to reach $10.72 billion growing at a CAGR of 31.5% during 2023-2030.
Human-centric lighting is a method of controlling the environment's lighting in a way that enhances people's emotional wellbeing, comfort, physical health, and productivity. Numerous industries, including healthcare, education, workplaces, industrial, retail, hospitality, and residential, use human-centric lighting extensively.
Browse complete "Human Centric Lighting Market" report with TOC @ https://www.strategymrc.com/report/human-centric-lighting-market
During the…

Global Ready To Drink Shakes Market Report, Market Size, Share, Trends, Analysis …
Stratistics MRC's Global Ready To Drink Shakes Market value is expected to reach $22.73 billion growing at a CAGR of 9.5% during 2023-2030.
Ready-to-drink shakes are fast food beverages made by combining ice cream, milk, fruit syrups, whole fruits, and sweeteners into a thick, cold, and sweet concoction. They are frequently marketed as healthy beverages and have their nutritional profiles improved by adding essential vitamins, minerals, and proteins. Moreover, ready-to-drink shakes…

Global Telecom Power System Market Report, Market Size, Share, Trends, Analysis …
Stratistics MRC's Global Telecom Power System Market value is expected to reach $9.14 billion growing at a CAGR of 10.8% during 2023-2030.
Telecom power systems are used to support telecommunication services by regulating and monitoring the power flow over telecom networks. Additionally, network coverage in both urban and rural areas has increased as a result of the exponential growth of mobile data traffic and telecom operators. Incorporating femtocells and picocells, which…

Global Human Capital Management Market Report, Market Size, Share, Trends, Analy …
Stratistics MRC's Global Human Capital Management Market value is expected to reach $50.46 billion growing at a CAGR of 9.5% during 2023-2030.
Human capital management (HCM) is a group of HR policies, procedures, and methods used to find, hire, retain, develop, and manage employees in order to meet organizational objectives. Moreover, it includes duties related to human resources, pay, and a company's primary goal. In order to run reports, process data,…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…