Semiconductor and Electronics

Flexible AC Transmission Systems (FACTS) Market - Opportunities and Forecast, 2014 - 2020

  • ALL333088
  • December 2017
  • Semiconductor and Electronics

FACTS (Flexible Alternating Current Transmission System) are power electronics-based devices deployed for AC transmission of electrical energy. The system plays an important role in enhancing controllability and stability of AC systems, and increasing the power transfer ability of networks. FACTS are generally installed in grid transmission to reduce the losses occurring in the transmission line.There are several drivers, restraints and opportunities shaping the future of the FACTS market. The growing demand for power infrastructure and control is the primary factor driving the market. However, lack of awareness about the benefits of FACTS has restricted the growth of the market. Moreover, evolution of smart grid and increase use of renewable sources for power generation are anticipated to create greater opportunities.

The FACTS market is segmented based on compensation type, application, component, industry and geography. The compensation types covered in the market research report include series compensation, shunt compensation and combined series and shunt compensation. The components discussed in the report include control systems, surge arresters, power electronic devices, phase-shifting transformers, reactors, capacitor banks, and others. Industries served by FACTS are oil and gas, railways, electric utilities, and others. Applications studied during the research are steady state as well as dynamic state. The regions analyzed in the study include include North America, Europe, Asia-Pacific and LAMEA.

Prominent market players are acquiring new companies or local market players to maintain their competitive edge and expand their geographic presence. Other business strategies favored by the companies include new product launch, joint ventures, and collaborations. Prominent market players discussed in the market research report are General Electric, Eaton Corp PLC., Siemens AG., Alstom, Adani Power and many others.

KEY BENEFITS FOR STAKEHOLDERS

  • The market research report provides extensive analysis of major drivers, restraints and opportunities influencing the industry growth, during the forecast period 20152020
  • SWOT analysis of major brands highlights weaknesses, strengths, opportunities and threats. The data proves effective for business owners planning on designing their marketing and branding strategies
  • Regionwise business performance discussed in the market research report would be valuable for enterprises planning to explore new areas
  • The report not only examines the market dynamics but also takes a closer look at the growth rate and industrial chain structure
  • Assessment of upstream and downstream market also forms an important part of the report

FLEXIBLE AC TRANSMISSION SYSTEM (FACTS) MARKET SEGMENTS

Flexible AC Transmission Systems (FACTS) Market By Compensation Type

  • Series Compensation
  • Shunt Compensation
  • Combined series and shunt compensation

Flexible AC Transmission Systems (FACTS) Market By Application

  • Dynamic State
  • Steady State

Flexible AC Transmission Systems (FACTS) Market By Component

  • Surge Arresters
  • Power electronic Devices
  • Phase-Shifting Transformers
  • Control Systems
  • Reactors
  • Capacitor Banks
  • Others

Flexible AC Transmission Systems (FACTS) Market By Industry

  • Oil and Gas
  • Railways
  • Electric utilities
  • Others

Flexible AC Transmission Systems (FACTS) Market Geography

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

Key Players

  • General Electric
  • Siemens AG
  • Eaton Corporation PLC
  • Alstom
  • ABB Ltd.
  • Adani Power
  • Mitsubishi Electric Corporation
  • American Electric Power
  • NR Electric Co., Ltd.
  • Hyosung
Please Select Format

Enquiry About Report

Need More Information

Contact us
+ 1-800-910-6452
+1-971-202-1575
+91 20 66346066
--- or ---
help@bigmarketresearch.com

 

UPCOMING MARKET RESEARCH REPORTS

Optical Network Components Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Optical network components referred to the devices which are used to communicate among different telecommunications network. These devices use light signal to transmit the information which is to be send ...

March 2017 | $4995 | Pre Book Price:$4371

Nanophotonics Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Nanophotonics are the combination of nanotechnology, photonics and optoelectronics which has impacted a wide range of fields such as health care, information technology and others. It has revolutionized the semiconductor ...

March 2017 | $4995 | Pre Book Price:$4371

Portable Medical Electronic Equipment Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Portable medical electronic equipment is designed to aid in the diagnosis, monitoring or treatment of medical conditions with display of data on mobile computing device such as a smart phone ...

March 2017 | $4995 | Pre Book Price:$4371

Insulated Gate Bipolar Transistor (IGBT) Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

The Insulated Gate Bipolar Transistor (IGBT) is an electronic semiconductor device with large bipolar current-carrying competence and high input impedance. IGBT is useful in reducing the power supply congestion which ...

March 2017 | $4995 | Pre Book Price:$4371

Head-Up-Display Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

A head-up display or HUD is any transparent display that shows data without need of users to look away from their usual angle. A HUD has the benefit that the ...

March 2017 | $4995 | Pre Book Price:$4371

System in Package Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015- 2024

System in package (SiP) is a module where numbers of integrated circuits are enclosed. It is typically used inside a mobile phone, digital music player, etc. to perform several functions ...

March 2017 | $4995 | Pre Book Price:$4371

2017 © Copyright Big Market Research

View Pricing >>