City of Industry, CA -- (SBWire) -- 09/08/2018 --This study focuses on the production side and consumption side of Flexible AC Transmission (FACT) Systems, presents the global Flexible AC Transmission (FACT) Systems market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Flexible AC Transmission (FACT) Systems capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Flexible AC Transmission (FACT) Systems by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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.
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FACTS is defined by the IEEE as "a power electronic based system and other static equipment that provide control of one or more AC transmission system parameters to enhance controllability and increase power transfer capability."
According to Siemens "FACTS Increase the reliability of AC grids and reduce power delivery costs. They improve transmission quality and efficiency of power transmission by supplying inductive or reactive power to the grid.
Geographically, the global Flexible AC Transmission Systems (FACTS) market has been segmented into North America, Europe, Asia-Pacific, South America and Middle East and Africa. The Europe held the largest share in the global market, its revenue of global market exceeds 46% in 2017. The next is Asia-Pacific.
The Flexible AC Transmission (FACT) Systems market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Flexible AC Transmission (FACT) Systems.
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This report includes the following manufacturers; we can also add the other companies as you want.
ABB
Siemens
RXPE
Sieyuan Electric
Mitsubishi Electric
GE
Toshiba
AMSC
Hyosung
Market Segment by Product Type
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Market Segment by Application
Metal Industry
Railway
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Utilities
Others
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Global Flexible AC Transmission (FACT) Systems Industry Research Report, Growth Trends and Competitive Analysis 2018-2025
This study focuses on the production side and consumption side of Flexible AC Transmission (FACT) Systems, presents the global Flexible AC Transmission (FACT) Systems market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.