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Global Flexible AC Transmission Systems market Size study, by Compensation Type (Shunt Compensation, Series Compensation, Combined Compensation), by Application (Voltage Control, Power Control,), by Vertical (Utilities, Renewables, Industrial, Railways,), by Generation Type (First Generation, Second Generation,), and Regional Forecasts 2020-2027

  • BIZ4026519
  • 200 Pages
  • August 2020
  • Energy and Power
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Global Flexible AC Transmission Systems market is valued approximately USD 1.1 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.4 % over the forecast period 2020-2027. Flexible AC transmission system provides dynamic support for reactive power, improves system reliability, and actual and reactive power controls. This ensures smooth machine operation and increases device efficiency. The Flexible AC Transmission Systems market is driven by the growing benefits offered by the FACTS market, growth in transmission lines, increased usage of renewable energy in power grids, and increased demand for STATCOM voltage control devices. Global transmission investment spending is gradually growing, from 82 billion USD in 2016 to 87 billion USD in 2018. Renewable energy generation and large-scale interconnection projects are responsible for this rise. In addition, investments in long-distance and large-capacity transmission lines accounted for approximately USD 45 billion of the 2017 transmission budget. The initial costs of installing FACTS are relatively high, hence most industries and utility players are reluctant to implement this technology. The comparatively high initial cost expenditure over its counterparts serves as a constraint in the worldwide dissemination of FACTS. However, the high initial implementation costs are expected to restrict demand growth over the forecast period

The regional analysis of Flexible AC Transmission Systems market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Growth in transmission lines, growing utilization of renewable energy into power grids, Rising demand for STATCOM devices for voltage control. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the market is projected to report the highest CAGE over the forecast period, owing to increased government spending on smart grids building and increased investment in electricity generation through renewable energy resources. Furthermore, investments are planned in high-speed trains from developing countries expected to offer lucrative opportunities for Flexible AC Transmission System market across Asia-Pacific region.

Major market player included in this report are:

ABB (Hitachi)

Rongxin Power Engineering Ltd (RXPE)

SIEMENS

General Electric (GE)

Mitsubishi Electric

American Superconductor

Infineon

NR Electric

Hyosung Heavy Industries

Ingeteam Power Technology

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Compensation Type:

Shunt Compensation

Series Compensation

Combined Compensation

By Application:

Voltage Control

Power Control

By Vertical:

Utilities

Renewables

Industrial

Railways

By Generation Type:

First Generation

Second Generation

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Flexible AC Transmission Systems market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)

1.2.1. Flexible AC Transmission Systems market, by Region, 2018-2026 (USD Billion)

1.2.2. Flexible AC Transmission Systems market, by Compensation Type,2018-2026 (USD Billion)

1.2.3. Flexible AC Transmission Systems market, by Application, 2018-2026 (USD Billion)

1.2.4. Flexible AC Transmission Systems market, by Generation Type, 2018-2026 (USD Billion)

1.2.5. Flexible AC Transmission Systems market, by Vertical, 2018-2026 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Flexible AC Transmission Systems market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Flexible AC Transmission Systems market Dynamics

3.1. Flexible AC Transmission Systems market Impact Analysis (2018-2026)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Flexible AC Transmission Systems market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Flexible AC Transmission Systems market, by Compensation Type

5.1. Market Snapshot

5.2. Global Flexible AC Transmission Systems market by Compensation Type, Performance - Potential Analysis

5.3. Global Flexible AC Transmission Systems market Estimates & Forecasts by Compensation Type 2016-2026 (USD Billion)

5.4. Flexible AC Transmission Systems market, Sub Segment Analysis

5.4.1. Introduction

5.4.2. Shunt Compensation

5.4.3. Series Compensation

5.4.4. Combined Compensation

Chapter 6. Global Flexible AC Transmission Systems market, by Application

6.1. Market Snapshot

6.2. Global Flexible AC Transmission Systems market by Application, Performance - Potential Analysis

6.3. Global Flexible AC Transmission Systems market Estimates & Forecasts by Application 2016-2026 (USD Billion)

6.4. Flexible AC Transmission Systems market, Sub Segment Analysis

6.4.1. Introduction

6.4.2. Voltage Control

6.4.3. Power Control

Chapter 7. Global Flexible AC Transmission Systems market, by Vertical

7.1. Market Snapshot

7.2. Global Flexible AC Transmission Systems market by Vertical, Performance - Potential Analysis

7.3. Global Flexible AC Transmission Systems market Estimates & Forecasts by Vertical 2016-2026 (USD Billion)

7.4. Flexible AC Transmission Systems market, Sub Segment Analysis

7.4.1. Introduction

7.4.2. Utilities

7.4.3. Renewables

7.4.4. Industrial

7.4.5. Railways

Chapter 8. Global Flexible AC Transmission Systems market, by Generation Type

8.1. Market Snapshot

8.2. Global Flexible AC Transmission Systems market by Generation Type, Performance - Potential Analysis

8.3. Global Flexible AC Transmission Systems market Estimates & Forecasts by Generation Type 2016-2026 (USD Billion)

8.4. Flexible AC Transmission Systems market, Sub Segment Analysis

8.4.1. Introduction

8.4.2. First Generation

8.4.3. Second Generation

Chapter 9. Global Flexible AC Transmission Systems market, Regional Analysis

9.1. Flexible AC Transmission Systems market, Regional Market Snapshot

9.2. North America Flexible AC Transmission Systems market

9.2.1. U.S. Flexible AC Transmission Systems market

9.2.1.1. Compensation Type breakdown estimates & forecasts, 2016-2026

9.2.1.2. Application breakdown estimates & forecasts, 2016-2026

9.2.1.3. Vertical breakdown estimates & forecasts, 2016-2026

9.2.1.4. Generation Type breakdown estimates & forecasts, 2016-2026

9.2.2. Canada Flexible AC Transmission Systems market

9.3. Europe Flexible AC Transmission Systems market Snapshot

9.3.1. U.K. Flexible AC Transmission Systems market

9.3.2. Germany Flexible AC Transmission Systems market

9.3.3. Rest of Europe Flexible AC Transmission Systems market

9.4. Asia-Pacific Flexible AC Transmission Systems market Snapshot

9.4.1. China Flexible AC Transmission Systems market

9.4.2. India Flexible AC Transmission Systems market

9.4.3. Japan Flexible AC Transmission Systems market

9.4.4. Rest of Asia Pacific Flexible AC Transmission Systems market

9.5. Latin America Flexible AC Transmission Systems market Snapshot

9.5.1. Brazil Flexible AC Transmission Systems market

9.5.2. Mexico Flexible AC Transmission Systems market

9.6. Rest of The World Flexible AC Transmission Systems market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. ABB (Hitachi)

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. Rongxin Power Engineering Ltd (RXPE)

10.2.3. SIEMENS

10.2.4. General Electric (GE)

10.2.5. Mitsubishi Electric

10.2.6. American Superconductor

10.2.7. Infineon

10.2.8. NR Electric

10.2.9. Hyosung Heavy Industries

10.2.10. Ingeteam Power Technology

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET

TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET

TABLE 3. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, REPORT SCOPE

TABLE 4. YEARS CONSIDERED FOR THE STUDY

TABLE 5. EXCHANGE RATES CONSIDERED

TABLE 6. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY REGION 2016-2026 (USD BILLION)

TABLE 7. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY PRODUCT TYPE 2016-2026 (USD BILLION)

TABLE 8. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY PRODUCT DESIGN 2016-2026 (USD BILLION)

TABLE 9. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 10. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 11. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 12. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 13. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 14. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 15. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 16. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 17. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 18. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 19. U.S. FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 20. U.S. FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 21. U.S. FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 22. CANADA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 23. CANADA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 24. CANADA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 25. UK FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 26. UK FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 27. UK FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 28. GERMANY FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 29. GERMANY FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 30. GERMANY FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 31. ROE FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 32. ROE FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 33. ROE FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 34. CHINA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 35. CHINA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 36. CHINA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 37. INDIA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 38. INDIA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 39. INDIA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 40. JAPAN FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 41. JAPAN FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 42. JAPAN FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 43. ROAPAC FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 44. ROAPAC FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 45. ROAPAC FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 46. BRAZIL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 47. BRAZIL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 48. BRAZIL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 49. MEXICO FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 50. MEXICO FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 51. MEXICO FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 52. ROLA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 53. ROLA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 54. ROLA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 55. ROW FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)

TABLE 56. ROW FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

TABLE 57. ROW FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

 
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