Energy and Power

Global Flexible AC Transmission System (FACTS) Market 2014-2018

  • TEC144050
  • 66 Pages
  • October 2014
  • Energy and Power
About Flexible AC Transmission System
Flexible AC transmission system (FACTS) is deployed in grid transmission system, which is used to minimize the losses in the transmission line and increase the grid power output. The conventional grid transmission system consists of mechanical switched shunt and series capacitors, reactors, and synchronous generator which are used to minimize the losses. However, the use of these devices results in slow response and consequently lowers the performance of the grid. The FACTS is used to mitigate the conventional grid transmission line problems with the use of highly efficient semiconductor devices, whose response time is very high, and reduces the faults in the transmission line and minimize the losses.
TechNavio's analysts forecast the Global Flexible AC Transmission System market to grow at a CAGR of 8 percent over the period 2013-2018.
Covered in this Report
TechNavio's report, Global Flexible AC Transmission System Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Flexible AC Transmission System market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
Americas
APAC
EMEA
Key Vendors
ABB
Alstom
Eaton
Xian Electric Engineering
Other Prominent Vendors

Adani Power
American Electric Power
American Superconductor
Beta Engineering
Corpoelec
Crompton Greaves
Electranix
GE
Mitsubishi Electric Power Products
Nampower
Quanta Technology
Key Market Driver
Growing Need for Congestion Management in Power System
For a full, detailed list, view our report
Key Market Challenge
High Cost of FACTS
For a full, detailed list, view our report
Key Market Trend
Growing Environmental Concern
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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