Flexible AC Transmission Systems (FACTS) Market Analysis, Forecast Of Industry Revenue, Size, Top Competitors and Growth Trends

The Flexible AC Transmission Systems (FACTS) market report considers the present scenario of the Flexible AC Transmission Systems (FACTS) market and its market dynamics for the period 2019−2024. It covers a detailed overview of various market growth enablers, restraints, and trends. The study includes both the demand and supply sides of the market. It also profiles and analyzes the leading companies and several other prominent companies operating in the Flexible AC Transmission Systems (FACTS) market.

This new study examines Global economic trends, investment environment, industry development, supply and demand, industry capacity, industry structure, marketing channels and major industry participants. Historical data (2008, 2014 and 2018) and long-term forecasts through 2019 and 2024 are presented. 

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About Flexible AC Transmission Systems (FACTS) Industry

The Flexible AC Transmission Systems (FACTS) market is concerted market; the revenue of top nine manufacturers accounts about 86% of the total revenue in 2017. The high-end products mainly come from USA, Asia-Pacific and Europe.
The leading manufactures mainly are ABB, Siemens, RXPE, Sieyuan Electric, Mitsubishi Electric, GE, Toshiba, AMSC and Hyosung. ABB is the largest manufacturer; its revenue of global market exceeds 31% in 2017.
There are mainly three type product of Flexible AC Transmission Systems (FACTS) market: Shunt Compensation, Series Compensation and Others.
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 worldwide market for Flexible AC Transmission Systems (FACTS) is expected to grow at a CAGR of roughly 5.4% over the next five years, will reach 1590 million US$ in 2024, from 1160 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Flexible AC Transmission Systems (FACTS) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The overviews, SWOT analysis and strategies of each vendor in the Flexible AC Transmission Systems (FACTS) market provide understanding about the market forces and how those can be exploited to create future opportunities.

Key Players in this Flexible AC Transmission Systems (FACTS) market are:–

  • ABB
    Siemens
    RXPE
    Sieyuan Electric
    Mitsubishi Electric
    GE
    Toshiba
    AMSC
    Hyosung

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Important application areas of Flexible AC Transmission Systems (FACTS) are also assessed on the basis of their performance. Market predictions along with the statistical nuances presented in the report render an insightful view of the Flexible AC Transmission Systems (FACTS) market. The market study on Global Flexible AC Transmission Systems (FACTS) Market 2018 report studies present as well as future aspects of the Flexible AC Transmission Systems (FACTS) Market primarily based upon factors on which the companies participate in the market growth, key trends and segmentation analysis.

Application of Flexible AC Transmission Systems (FACTS) Market are: 


  • Metal Industry
    Railway
    Mining
    Utilities
    Others

Product Segment Analysis of the Flexible AC Transmission Systems (FACTS) Market is:


  • Shunt Compensation
    Series Compensation
    Others

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The scope of Flexible AC Transmission Systems (FACTS) Market report:

— Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis, type and application segment information by region, including:
Global (Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

North America [United States, Canada, Mexico]

Middle East & Africa [GCC, North Africa, South Africa],

South America [Brazil, Argentina, Columbia, Chile, Peru]) 

— Industry chain analysis, raw material and end users information 

— Global key players’ information including SWOT analysis, company’s financial figures, Laser Marking Machine figures of each company are covered.

— Powerful market analysis tools used in the report include: Porter’s five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.

— Based year in this report is 2019; the historical data is from 2014 to 2018 and forecast year is from 2020 to 2024.

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Key market insights include:

1. The analysis of Flexible AC Transmission Systems (FACTS) market provides market size and growth rate for the forecast period 2019-2024.

2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the Flexible AC Transmission Systems (FACTS) market.

3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.

4. It offers a complete overview of market segments and the regional outlook of Flexible AC Transmission Systems (FACTS) market.

5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.

In this study, the years considered to estimate the market size of Flexible AC Transmission Systems (FACTS) Market are as follows:-

  • History Year: 2013-2017
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year 2019 to 2024

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No Of Pages in Flexible AC Transmission Systems (FACTS) Market Report: 123

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Author: Crusader

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