Global Flexible AC Transmission System (FACTS) Market Insights, Forecast to 2025

A flexible alternating current transmission system (FACTS) is a system composed of static equipment used for the AC transmission of electrical energy. It is meant to enhance controllability and increase power transfer capability of the network. It is generally a power electronics-based system.
Global Flexible AC Transmission System (FACTS) market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Flexible AC Transmission System (FACTS).

This report researches the worldwide Flexible AC Transmission System (FACTS) market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Flexible AC Transmission System (FACTS) breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

The following manufacturers are covered in this report:
ABB
Siemens
RXPE
Sieyuan Electric
Mitsubishi Electric
GE
Toshiba
AMSC
Hyosung

Flexible AC Transmission System (FACTS) Breakdown Data by Type
Shunt Compensation
Series Compensation
Flexible AC Transmission System (FACTS) Breakdown Data by Application
Metal Industry
Railway
Mining
Utilities
Others

Flexible AC Transmission System (FACTS) Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions

Flexible AC Transmission System (FACTS) Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Flexible AC Transmission System (FACTS) capacity, production, value, consumption, status and forecast;
To focus on the key Flexible AC Transmission System (FACTS) manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Flexible AC Transmission System (FACTS) :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Table of Contents

Global Flexible AC Transmission System (FACTS) Market Research Report 2019-2025, by Manufacturers, Regions, Types and Applications
1 Study Coverage
1.1 Flexible AC Transmission System (FACTS) Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Flexible AC Transmission System (FACTS) Market Size Growth Rate by Type
1.4.2 Shunt Compensation
1.4.3 Series Compensation
1.5 Market by Application
1.5.1 Global Flexible AC Transmission System (FACTS) Market Size Growth Rate by Application
1.5.2 Metal Industry
1.5.3 Railway
1.5.4 Mining
1.5.5 Utilities
1.5.6 Others
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary
2.1 Global Flexible AC Transmission System (FACTS) Production
2.1.1 Global Flexible AC Transmission System (FACTS) Revenue 2014-2025
2.1.2 Global Flexible AC Transmission System (FACTS) Production 2014-2025
2.1.3 Global Flexible AC Transmission System (FACTS) Capacity 2014-2025
2.1.4 Global Flexible AC Transmission System (FACTS) Marketing Pricing and Trends
2.2 Flexible AC Transmission System (FACTS) Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Flexible AC Transmission System (FACTS) Manufacturers
2.4 Market Drivers, Trends and Issues
2.5 Macroscopic Indicator
2.5.1 GDP for Major Regions
2.5.2 Price of Raw Materials in Dollars: Evolution

3 Market Size by Manufacturers
3.1 Flexible AC Transmission System (FACTS) Production by Manufacturers
3.1.1 Flexible AC Transmission System (FACTS) Production by Manufacturers
3.1.2 Flexible AC Transmission System (FACTS) Production Market Share by Manufacturers
3.2 Flexible AC Transmission System (FACTS) Revenue by Manufacturers
3.2.1 Flexible AC Transmission System (FACTS) Revenue by Manufacturers (2014-2019)
3.2.2 Flexible AC Transmission System (FACTS) Revenue Share by Manufacturers (2014-2019)
3.3 Flexible AC Transmission System (FACTS) Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans

4 Flexible AC Transmission System (FACTS) Production by Regions
4.1 Global Flexible AC Transmission System (FACTS) Production by Regions
4.1.1 Global Flexible AC Transmission System (FACTS) Production Market Share by Regions
4.1.2 Global Flexible AC Transmission System (FACTS) Revenue Market Share by Regions
4.2 United States
4.2.1 United States Flexible AC Transmission System (FACTS) Production
4.2.2 United States Flexible AC Transmission System (FACTS) Revenue
4.2.3 Key Players in United States
4.2.4 United States Flexible AC Transmission System (FACTS) Import & Export
4.3 Europe
4.3.1 Europe Flexible AC Transmission System (FACTS) Production
4.3.2 Europe Flexible AC Transmission System (FACTS) Revenue
4.3.3 Key Players in Europe
4.3.4 Europe Flexible AC Transmission System (FACTS) Import & Export
4.4 China
4.4.1 China Flexible AC Transmission System (FACTS) Production
4.4.2 China Flexible AC Transmission System (FACTS) Revenue
4.4.3 Key Players in China
4.4.4 China Flexible AC Transmission System (FACTS) Import & Export
4.5 Japan
4.5.1 Japan Flexible AC Transmission System (FACTS) Production
4.5.2 Japan Flexible AC Transmission System (FACTS) Revenue
4.5.3 Key Players in Japan
4.5.4 Japan Flexible AC Transmission System (FACTS) Import & Export
4.6 Other Regions
4.6.1 South Korea
4.6.2 India
4.6.3 Southeast Asia

5 Flexible AC Transmission System (FACTS) Consumption by Regions
5.1 Global Flexible AC Transmission System (FACTS) Consumption by Regions
5.1.1 Global Flexible AC Transmission System (FACTS) Consumption by Regions
5.1.2 Global Flexible AC Transmission System (FACTS) Consumption Market Share by Regions
5.2 North America
5.2.1 North America Flexible AC Transmission System (FACTS) Consumption by Application
5.2.2 North America Flexible AC Transmission System (FACTS) Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Flexible AC Transmission System (FACTS) Consumption by Application
5.3.2 Europe Flexible AC Transmission System (FACTS) Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Flexible AC Transmission System (FACTS) Consumption by Application
5.4.2 Asia Pacific Flexible AC Transmission System (FACTS) Consumption by Countries
5.4.3 China
5.4.4 Japan
5.4.5 South Korea
5.4.6 India
5.4.7 Australia
5.4.8 Indonesia
5.4.9 Thailand
5.4.10 Malaysia
5.4.11 Philippines
5.4.12 Vietnam
5.5 Central & South America
5.5.1 Central & South America Flexible AC Transmission System (FACTS) Consumption by Application
5.5.2 Central & South America Flexible AC Transmission System (FACTS) Consumption by Countries
5.5.3 Brazil
5.6 Middle East and Africa
5.6.1 Middle East and Africa Flexible AC Transmission System (FACTS) Consumption by Application
5.6.2 Middle East and Africa Flexible AC Transmission System (FACTS) Consumption by Countries
5.6.3 Turkey
5.6.4 GCC Countries
5.6.5 Egypt
5.6.6 South Africa

6 Market Size by Type
6.1 Global Flexible AC Transmission System (FACTS) Breakdown Dada by Type
6.2 Global Flexible AC Transmission System (FACTS) Revenue by Type
6.3 Flexible AC Transmission System (FACTS) Price by Type

7 Market Size by Application
7.1 Overview
7.2 Global Flexible AC Transmission System (FACTS) Breakdown Dada by Application
7.2.1 Global Flexible AC Transmission System (FACTS) Consumption by Application
7.2.2 Global Flexible AC Transmission System (FACTS) Consumption Market Share by Application (2014-2019)

8 Manufacturers Profiles
8.1 ABB
8.1.1 ABB Company Details
8.1.2 Company Description
8.1.3 Capacity, Production and Value of Flexible AC Transmission System (FACTS)
8.1.4 Flexible AC Transmission System (FACTS) Product Description
8.1.5 SWOT Analysis
8.2 Siemens
8.2.1 Siemens Company Details
8.2.2 Company Description
8.2.3 Capacity, Production and Value of Flexible AC Transmission System (FACTS)
8.2.4 Flexible AC Transmission System (FACTS) Product Description
8.2.5 SWOT Analysis
8.3 RXPE
8.3.1 RXPE Company Details
8.3.2 Company Description
8.3.3 Capacity, Production and Value of Flexible AC Transmission System (FACTS)
8.3.4 Flexible AC Transmission System (FACTS) Product Description
8.3.5 SWOT Analysis
8.4 Sieyuan Electric
8.4.1 Sieyuan Electric Company Details
8.4.2 Company Description
8.4.3 Capacity, Production and Value of Flexible AC Transmission System (FACTS)
8.4.4 Flexible AC Transmission System (FACTS) Product Description
8.4.5 SWOT Analysis
8.5 Mitsubishi Electric
8.5.1 Mitsubishi Electric Company Details
8.5.2 Company Description
8.5.3 Capacity, Production and Value of Flexible AC Transmission System (FACTS)
8.5.4 Flexible AC Transmission System (FACTS) Product Description
8.5.5 SWOT Analysis
8.6 GE
8.6.1 GE Company Details
8.6.2 Company Description
8.6.3 Capacity, Production and Value of Flexible AC Transmission System (FACTS)
8.6.4 Flexible AC Transmission System (FACTS) Product Description
8.6.5 SWOT Analysis
8.7 Toshiba
8.7.1 Toshiba Company Details
8.7.2 Company Description
8.7.3 Capacity, Production and Value of Flexible AC Transmission System (FACTS)
8.7.4 Flexible AC Transmission System (FACTS) Product Description
8.7.5 SWOT Analysis
8.8 AMSC
8.8.1 AMSC Company Details
8.8.2 Company Description
8.8.3 Capacity, Production and Value of Flexible AC Transmission System (FACTS)
8.8.4 Flexible AC Transmission System (FACTS) Product Description
8.8.5 SWOT Analysis
8.9 Hyosung
8.9.1 Hyosung Company Details
8.9.2 Company Description
8.9.3 Capacity, Production and Value of Flexible AC Transmission System (FACTS)
8.9.4 Flexible AC Transmission System (FACTS) Product Description
8.9.5 SWOT Analysis

9 Production Forecasts
9.1 Flexible AC Transmission System (FACTS) Production and Revenue Forecast
9.1.1 Global Flexible AC Transmission System (FACTS) Production Forecast 2019-2025
9.1.2 Global Flexible AC Transmission System (FACTS) Revenue Forecast 2019-2025
9.2 Flexible AC Transmission System (FACTS) Production and Revenue Forecast by Regions
9.2.1 Global Flexible AC Transmission System (FACTS) Revenue Forecast by Regions
9.2.2 Global Flexible AC Transmission System (FACTS) Production Forecast by Regions
9.3 Flexible AC Transmission System (FACTS) Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Flexible AC Transmission System (FACTS) Production Forecast by Type
9.4.2 Global Flexible AC Transmission System (FACTS) Revenue Forecast by Type

10 Consumption Forecast
10.1 Consumption Forecast by Application
10.2 Flexible AC Transmission System (FACTS) Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Flexible AC Transmission System (FACTS) Consumption Forecast by Countries 2019-2025
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Flexible AC Transmission System (FACTS) Consumption Forecast by Countries 2019-2025
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Flexible AC Transmission System (FACTS) Consumption Forecast by Countries 2019-2025
10.5.2 China
10.5.3 Japan
10.5.4 Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Flexible AC Transmission System (FACTS) Consumption Forecast by Country 2019-2025
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Flexible AC Transmission System (FACTS) Consumption Forecast by Countries 2019-2025
10.7.2 Middle East and Africa
10.7.3 Turkey
10.7.4 GCC Countries
10.7.5 Egypt
10.7.6 South Africa

11 Upstream, Industry Chain and Downstream Customers Analysis
11.1 Analysis of Flexible AC Transmission System (FACTS) Upstream Market
11.1.1 Flexible AC Transmission System (FACTS) Key Raw Material
11.1.2 Typical Suppliers of Key Flexible AC Transmission System (FACTS) Raw Material
11.1.3 Flexible AC Transmission System (FACTS) Raw Material Market Concentration Rate
11.2 Flexible AC Transmission System (FACTS) Industry Chain Analysis
11.3 Marketing & Distribution
11.4 Flexible AC Transmission System (FACTS) Distributors
11.5 Flexible AC Transmission System (FACTS) Customers

12 Opportunities & Challenges, Threat and Affecting Factors
12.1 Market Opportunities
12.2 Market Challenges
12.3 Porter’s Five Forces Analysis

13 Key Findings

14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

1.1 Methodology/Research Approach

Our research methodology implements a mix of primary as well as secondary research. Our projects are initiated with secondary research, where we refer to a variety of sources including trade databases; government published documents, investor presentations, company annual reports, white papers, and paid databases.

1.1.1 Research Programs/Design

1.1.2 Market Size Estimation

Post the initial data mining stage, we gather our findings and analyse them, filtering out relevant insights. These are evaluated across teams and by our in-house SMEs. Along with data mining, we also initiate the primary research phase in which we interact with companies operating within the market space.

To evaluate the wholeness of the market, we interact (via email or telephone) with players who are responsible in adding value to the final product. Additionally, we interact with related industries to understand the external factors that can drive/hamper a market. We also make it a point to evaluate various economic parameters, which typically, have an impact on the purchasing choices of individuals as well as companies.

Post these stages, data are cross-verified with the companies that operate in a market space. It is important for us to study these companies in detail, to understand their existing performance and future strategies which will define the market in the coming years.

All this data is collected and evaluated by our analysts. Post the preparation of the report and data analysis, the findings are presented to our in-house experts who then eliminate discrepancies (if any).

  • The key players in the industry and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares splits, and breakdowns have been determined using secondary sources and verified through primary sources.

1.2 Data Source

1.2.1 Secondary Sources

In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg BusinessWeek, and Factiva, have been referred to, for identifying and collecting information for this study. Secondary sources included annual reports, press releases, and investor presentations of companies; whitepapers, certified publications, and articles by recognized authors; gold standard and silver standard websites; regulatory bodies; trade directories; and databases.

List of secondary sources include but are not limited to:

  • Academic Journals
  • Census.gov
  • Bloomberg
  • Company Annual Report
  • Hoovers

1.2.1.1 Preliminary data mining

Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.

Technical issues and trends are obtained from surveys, technical symposia and trade journals. Technical data is also gathered from intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.

1.2.2 Primary Sources

This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews are conducted, on face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation, but also provide critical insights into the market, current business scenario and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:

  • Market leading companies
  • Raw material suppliers
  • Product distributors
  • Buyers

The key objectives of primary research are as follows:

  • To validate our data in terms of accuracy and acceptability
  • To gain an insight in to the current market and future expectations

1.2.3 Statistical model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise.

Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of technology landscape, regulatory frameworks, economic outlook and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:

  • Market drivers and restrains, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2026

We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.

1.2.4 Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and sub segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and sub segment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying several factors and trends from both the demand and supply sides.

1.2.5 Report Objectives

  • To define, describe, and forecast the market by segmentations, and region
  • To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To analyze the sub-segments with respect to individual growth trends, prospects, and contributions to the total market
  • To analyze opportunities in the market for stakeholders and provide the competitive landscape of the market
  • To forecast the revenues of the market segments with respect to the major regions, such as North America, Europe, Asia Pacific (APAC), and RoW
  • To profile the key players and comprehensively analyze their recent developments and positioning in the market
  • To analyze competitive developments, such as mergers and acquisitions, new product developments, and Research and Development (R&D) activities, in the market
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Specs
Release date:September 24, 2019
Last updated:January 1, 1970
File Type:PDF
Category:Machinery & Equipment
Number Of Pages:100-150
Specs
Release date:September 24, 2019
Last updated:January 1, 1970
File Type:PDF
Category:Machinery & Equipment
Number Of Pages:100-150

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