Global Flexible AC Transmission System Market Size, Share & Industry Trends Analysis Report By Controller, By Vertical (Electric Utility, Oil & Gas, Railways, and Others), By Compensation Type, By Regional Outlook and Forecast, 2023

List of Tables

The Global Flexible AC Transmission System Market size is expected to reach $1.8 billion by 2030, rising at a market growth of 6.2% CAGR during the forecast period.

FACTS devices, including STATCOMs and SVCs, help maintain stable voltage levels under varying operating conditions, improving grid resilience. STATCOMs are solid-state devices that provide fast-reacting, precise, and continuous voltage regulation in power systems. Consequently, the STATCOMs segment would generate approximately 24.8% share of the market by 2030. They are often used with other FACTS devices and control systems to ensure the reliable and efficient operation of the electrical grid, particularly in areas with high-voltage transmission lines or complex network configurations. Some of the factors affecting the market are the increase in demand for controllability of power systems, the need for high reliability during contingencies, and the high initial cost of facts installation.

Controllability is essential for maintaining grid stability, especially as power systems become more complex and incorporate a higher penetration of renewable energy sources. FACTS devices, such as STATCOMs and SVCs, provide rapid and precise control of reactive power, helping to stabilize voltage and prevent grid instability. Controlling voltage levels is critical for ensuring the reliable operation of power systems. FACTS technologies allow utilities to regulate voltage across the grid, ensuring that it stays within acceptable limits, even during variations in load or disturbances. Furthermore, FACTS devices enhance the fault tolerance of the grid. They can help isolate and mitigate faults by dynamically controlling power flows, reducing the impact of disturbances on the overall grid. By maintaining grid stability during contingencies, FACTS devices help utilities avoid the need for widespread load shedding, which can impact consumers and industries. Renewable energy sources such as solar power and wind have become a more significant part of the energy mix, and maintaining grid reliability during intermittent is crucial. As a result, utilities and grid operators continue to invest in FACTS technologies to enhance grid resilience and ensure reliable electricity delivery, thereby driving the growth of the market.

However, Utility companies and grid operators often have limited budgets for infrastructure upgrades and investments. The high initial cost of FACTS devices can strain these budgets, making it challenging for them to allocate resources for such projects. Decision-makers in utility companies typically assess any grid improvement project's return on investment (ROI). The lengthy payback periods associated with FACTS installations can deter investments, especially compared to other, potentially quicker-to-implement solutions. Securing financing for FACTS projects can be challenging, particularly in regions or countries with limited access to capital markets or where the regulatory environment does not incentivize grid upgrades. Due to such factors, the market growth will decline.

Controller Outlook

Based on controller, the market is fragmented into static synchronous compensator (STATCOM), static VAR compensator (SVC), unified power flow controller (UPFC), thyristor-controlled series compensator (TCSC), and others. In 2022, the static VAR compensator (SVC) segment held the highest revenue share in the market. A Static VAR Compensator (SVC) is a power electronics-based device used in electric power systems to regulate and control voltage and reactive power. SVCs play a crucial role in maintaining voltage stability and improving the overall performance of electrical grids.

Vertical Outlook

By vertical, the market is classified into oil & gas, electric utility, railways, and others. The oil & gas segment covered a considerable revenue share in the market in 2022. FACTS systems can be controlled remotely, allowing for real-time monitoring and control of electrical parameters at remote oil and gas facilities. This capability enhances operational efficiency and reduces the need for on-site personnel. FACTS devices can mitigate voltage sags and swells, which can damage sensitive electronic equipment commonly used in control systems and instrumentation in the oil and gas industry.

Compensation Outlook

On the basis of compensation type, the market is segmented into series compensation, shunt compensation, and combined series-shunt compensation. The shunt compensation segment acquired a substantial revenue share in the market in 2022. Shunt compensation is used in electric power transmission and distribution systems to improve the grid's efficiency, voltage control, and overall performance. It involves installing reactive components, such as capacitors and reactors, parallel (shunt) with the transmission or distribution system. The primary goal of shunt compensation is to regulate voltage levels, improve power factor, and enhance the overall stability of the power system.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region acquired a substantial revenue share in the market in 2022. Rising concerns regarding environmental sustainability and growing petroleum-based fuel prices have resulted in a rapid shift towards the production of green energy using renewable sources, especially across China and India. Hence, governments in these countries are undertaking numerous programs and initiatives to increase renewable energy production. In addition, the launch of massive green energy generation plants is expected to bolster the demand for electrical devices such as flexible AC transmission systems across the Asia Pacific market.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include ABB Group, Adani Power Limited, Alstom SA, CG Power and Industrial Solutions Limited, Eaton Corporation PLC, General Electric Company, Hyosung Corporation, Mitsubishi Electric Corporation, NR Electric Co., Ltd., Siemens AG.

Scope of the Study

Market Segments covered in the Report:

By Controller

Static VAR Compensator (SVC)
Static Synchronous Compensator (STATCOM)
Unified Power Flow Controller (UPFC)
Thyristor Controlled Series Compensator (TCSC)
Others

By Vertical

Electric Utility
Oil & Gas
Railways
Others

By Compensation Type

Series Compensation
Combined series-shunt Compensation
Shunt Compensation

By Geography

North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA

Companies Profiled

ABB Group
Adani Power Limited
Alstom SA
CG Power and Industrial Solutions Limited.
Eaton Corporation PLC
General Electric Company
Hyosung Corporation
Mitsubishi Electric Corporation
NR Electric Co., Ltd.
Siemens AG

Unique Offerings from KBV Research

Exhaustive coverage
Highest number of market tables and figures
Subscription based model available
Guaranteed best price
Assured post sales research support with 10% customization free

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Global Flexible AC Transmission System Market, by Controller
- 1.4.2 Global Flexible AC Transmission System Market, by Vertical
- 1.4.3 Global Flexible AC Transmission System Market, by Compensation Type
- 1.4.4 Global Flexible AC Transmission System Market, by Geography
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter's Five Forces Analysis

Chapter 4. Global Flexible AC Transmission System Market, by Controller

4.1 Global Static VAR Compensator (SVC) Market, by Region
4.2 Global Static Synchronous Compensator (STATCOM) Market, by Region
4.3 Global Unified Power Flow Controller (UPFC) Market, by Region
4.4 Global Thyristor Controlled Series Compensator (TCSC) Market, by Region
4.5 Global Others Market, by Region

Chapter 5. Global Flexible AC Transmission System Market, by Vertical

5.1 Global Electric Utility Market, by Region
5.2 Global Oil & Gas Market, by Region
5.3 Global Railways Market, by Region
5.4 Global Others Market, by Region

Chapter 6. Global Flexible AC Transmission System Market, by Compensation Type

6.1 Global Series Compensation Market, by Region
6.2 Global Combined series-shunt Compensation Market, by Region
6.3 Global Shunt Compensation Market, by Region

Chapter 7. Global Flexible AC Transmission System Market, by Region

7.1 North America Flexible AC Transmission System Market
- 7.1.1 North America Flexible AC Transmission System Market, by Controller
  - 7.1.1.1 North America Static VAR Compensator (SVC) Market, by Country
  - 7.1.1.2 North America Static Synchronous Compensator (STATCOM) Market, by Country
  - 7.1.1.3 North America Unified Power Flow Controller (UPFC) Market, by Country
  - 7.1.1.4 North America Thyristor Controlled Series Compensator (TCSC) Market, by Country
  - 7.1.1.5 North America Others Market, by Country
- 7.1.2 North America Flexible AC Transmission System Market, by Vertical
  - 7.1.2.1 North America Electric Utility Market, by Country
  - 7.1.2.2 North America Oil & Gas Market, by Country
  - 7.1.2.3 North America Railways Market, by Country
  - 7.1.2.4 North America Others Market, by Country
- 7.1.3 North America Flexible AC Transmission System Market, by Compensation Type
  - 7.1.3.1 North America Series Compensation Market, by Country
  - 7.1.3.2 North America Combined series-shunt Compensation Market, by Country
  - 7.1.3.3 North America Shunt Compensation Market, by Country
- 7.1.4 North America Flexible AC Transmission System Market, by Country
  - 7.1.4.1 US Flexible AC Transmission System Market
    - 7.1.4.1.1 US Flexible AC Transmission System Market, by Controller
    - 7.1.4.1.2 US Flexible AC Transmission System Market, by Vertical
    - 7.1.4.1.3 US Flexible AC Transmission System Market, by Compensation Type
  - 7.1.4.2 Canada Flexible AC Transmission System Market
    - 7.1.4.2.1 Canada Flexible AC Transmission System Market, by Controller
    - 7.1.4.2.2 Canada Flexible AC Transmission System Market, by Vertical
    - 7.1.4.2.3 Canada Flexible AC Transmission System Market, by Compensation Type
  - 7.1.4.3 Mexico Flexible AC Transmission System Market
    - 7.1.4.3.1 Mexico Flexible AC Transmission System Market, by Controller
    - 7.1.4.3.2 Mexico Flexible AC Transmission System Market, by Vertical
    - 7.1.4.3.3 Mexico Flexible AC Transmission System Market, by Compensation Type
  - 7.1.4.4 Rest of North America Flexible AC Transmission System Market
    - 7.1.4.4.1 Rest of North America Flexible AC Transmission System Market, by Controller
    - 7.1.4.4.2 Rest of North America Flexible AC Transmission System Market, by Vertical
    - 7.1.4.4.3 Rest of North America Flexible AC Transmission System Market, by Compensation Type
7.2 Europe Flexible AC Transmission System Market
- 7.2.1 Europe Flexible AC Transmission System Market, by Controller
  - 7.2.1.1 Europe Static VAR Compensator (SVC) Market, by Country
  - 7.2.1.2 Europe Static Synchronous Compensator (STATCOM) Market, by Country
  - 7.2.1.3 Europe Unified Power Flow Controller (UPFC) Market, by Country
  - 7.2.1.4 Europe Thyristor Controlled Series Compensator (TCSC) Market, by Country
  - 7.2.1.5 Europe Others Market, by Country
- 7.2.2 Europe Flexible AC Transmission System Market, by Vertical
  - 7.2.2.1 Europe Electric Utility Market, by Country
  - 7.2.2.2 Europe Oil & Gas Market, by Country
  - 7.2.2.3 Europe Railways Market, by Country
  - 7.2.2.4 Europe Others Market, by Country
- 7.2.3 Europe Flexible AC Transmission System Market, by Compensation Type
  - 7.2.3.1 Europe Series Compensation Market, by Country
  - 7.2.3.2 Europe Combined series-shunt Compensation Market, by Country
  - 7.2.3.3 Europe Shunt Compensation Market, by Country
- 7.2.4 Europe Flexible AC Transmission System Market, by Country
  - 7.2.4.1 Germany Flexible AC Transmission System Market
    - 7.2.4.1.1 Germany Flexible AC Transmission System Market, by Controller
    - 7.2.4.1.2 Germany Flexible AC Transmission System Market, by Vertical
    - 7.2.4.1.3 Germany Flexible AC Transmission System Market, by Compensation Type
  - 7.2.4.2 UK Flexible AC Transmission System Market
    - 7.2.4.2.1 UK Flexible AC Transmission System Market, by Controller
    - 7.2.4.2.2 UK Flexible AC Transmission System Market, by Vertical
    - 7.2.4.2.3 UK Flexible AC Transmission System Market, by Compensation Type
  - 7.2.4.3 France Flexible AC Transmission System Market
    - 7.2.4.3.1 France Flexible AC Transmission System Market, by Controller
    - 7.2.4.3.2 France Flexible AC Transmission System Market, by Vertical
    - 7.2.4.3.3 France Flexible AC Transmission System Market, by Compensation Type
  - 7.2.4.4 Russia Flexible AC Transmission System Market
    - 7.2.4.4.1 Russia Flexible AC Transmission System Market, by Controller
    - 7.2.4.4.2 Russia Flexible AC Transmission System Market, by Vertical
    - 7.2.4.4.3 Russia Flexible AC Transmission System Market, by Compensation Type
  - 7.2.4.5 Spain Flexible AC Transmission System Market
    - 7.2.4.5.1 Spain Flexible AC Transmission System Market, by Controller
    - 7.2.4.5.2 Spain Flexible AC Transmission System Market, by Vertical
    - 7.2.4.5.3 Spain Flexible AC Transmission System Market, by Compensation Type
  - 7.2.4.6 Italy Flexible AC Transmission System Market
    - 7.2.4.6.1 Italy Flexible AC Transmission System Market, by Controller
    - 7.2.4.6.2 Italy Flexible AC Transmission System Market, by Vertical
    - 7.2.4.6.3 Italy Flexible AC Transmission System Market, by Compensation Type
  - 7.2.4.7 Rest of Europe Flexible AC Transmission System Market
    - 7.2.4.7.1 Rest of Europe Flexible AC Transmission System Market, by Controller
    - 7.2.4.7.2 Rest of Europe Flexible AC Transmission System Market, by Vertical
    - 7.2.4.7.3 Rest of Europe Flexible AC Transmission System Market, by Compensation Type
7.3 Asia Pacific Flexible AC Transmission System Market
- 7.3.1 Asia Pacific Flexible AC Transmission System Market, by Controller
  - 7.3.1.1 Asia Pacific Static VAR Compensator (SVC) Market, by Country
  - 7.3.1.2 Asia Pacific Static Synchronous Compensator (STATCOM) Market, by Country
  - 7.3.1.3 Asia Pacific Unified Power Flow Controller (UPFC) Market, by Country
  - 7.3.1.4 Asia Pacific Thyristor Controlled Series Compensator (TCSC) Market, by Country
  - 7.3.1.5 Asia Pacific Others Market, by Country
- 7.3.2 Asia Pacific Flexible AC Transmission System Market, by Vertical
  - 7.3.2.1 Asia Pacific Electric Utility Market, by Country
  - 7.3.2.2 Asia Pacific Oil & Gas Market, by Country
  - 7.3.2.3 Asia Pacific Railways Market, by Country
  - 7.3.2.4 Asia Pacific Others Market, by Country
- 7.3.3 Asia Pacific Flexible AC Transmission System Market, by Compensation Type
  - 7.3.3.1 Asia Pacific Series Compensation Market, by Country
  - 7.3.3.2 Asia Pacific Combined series-shunt Compensation Market, by Country
  - 7.3.3.3 Asia Pacific Shunt Compensation Market, by Country
- 7.3.4 Asia Pacific Flexible AC Transmission System Market, by Country
  - 7.3.4.1 China Flexible AC Transmission System Market
    - 7.3.4.1.1 China Flexible AC Transmission System Market, by Controller
    - 7.3.4.1.2 China Flexible AC Transmission System Market, by Vertical
    - 7.3.4.1.3 China Flexible AC Transmission System Market, by Compensation Type
  - 7.3.4.2 Japan Flexible AC Transmission System Market
    - 7.3.4.2.1 Japan Flexible AC Transmission System Market, by Controller
    - 7.3.4.2.2 Japan Flexible AC Transmission System Market, by Vertical
    - 7.3.4.2.3 Japan Flexible AC Transmission System Market, by Compensation Type
  - 7.3.4.3 India Flexible AC Transmission System Market
    - 7.3.4.3.1 India Flexible AC Transmission System Market, by Controller
    - 7.3.4.3.2 India Flexible AC Transmission System Market, by Vertical
    - 7.3.4.3.3 India Flexible AC Transmission System Market, by Compensation Type
  - 7.3.4.4 South Korea Flexible AC Transmission System Market
    - 7.3.4.4.1 South Korea Flexible AC Transmission System Market, by Controller
    - 7.3.4.4.2 South Korea Flexible AC Transmission System Market, by Vertical
    - 7.3.4.4.3 South Korea Flexible AC Transmission System Market, by Compensation Type
  - 7.3.4.5 Singapore Flexible AC Transmission System Market
    - 7.3.4.5.1 Singapore Flexible AC Transmission System Market, by Controller
    - 7.3.4.5.2 Singapore Flexible AC Transmission System Market, by Vertical
    - 7.3.4.5.3 Singapore Flexible AC Transmission System Market, by Compensation Type
  - 7.3.4.6 Malaysia Flexible AC Transmission System Market
    - 7.3.4.6.1 Malaysia Flexible AC Transmission System Market, by Controller
    - 7.3.4.6.2 Malaysia Flexible AC Transmission System Market, by Vertical
    - 7.3.4.6.3 Malaysia Flexible AC Transmission System Market, by Compensation Type
  - 7.3.4.7 Rest of Asia Pacific Flexible AC Transmission System Market
    - 7.3.4.7.1 Rest of Asia Pacific Flexible AC Transmission System Market, by Controller
    - 7.3.4.7.2 Rest of Asia Pacific Flexible AC Transmission System Market, by Vertical
    - 7.3.4.7.3 Rest of Asia Pacific Flexible AC Transmission System Market, by Compensation Type
7.4 LAMEA Flexible AC Transmission System Market
- 7.4.1 LAMEA Flexible AC Transmission System Market, by Controller
  - 7.4.1.1 LAMEA Static VAR Compensator (SVC) Market, by Country
  - 7.4.1.2 LAMEA Static Synchronous Compensator (STATCOM) Market, by Country
  - 7.4.1.3 LAMEA Unified Power Flow Controller (UPFC) Market, by Country
  - 7.4.1.4 LAMEA Thyristor Controlled Series Compensator (TCSC) Market, by Country
  - 7.4.1.5 LAMEA Others Market, by Country
- 7.4.2 LAMEA Flexible AC Transmission System Market, by Vertical
  - 7.4.2.1 LAMEA Electric Utility Market, by Country
  - 7.4.2.2 LAMEA Oil & Gas Market, by Country
  - 7.4.2.3 LAMEA Railways Market, by Country
  - 7.4.2.4 LAMEA Others Market, by Country
- 7.4.3 LAMEA Flexible AC Transmission System Market, by Compensation Type
  - 7.4.3.1 LAMEA Series Compensation Market, by Country
  - 7.4.3.2 LAMEA Combined series-shunt Compensation Market, by Country
  - 7.4.3.3 LAMEA Shunt Compensation Market, by Country
- 7.4.4 LAMEA Flexible AC Transmission System Market, by Country
  - 7.4.4.1 Brazil Flexible AC Transmission System Market
    - 7.4.4.1.1 Brazil Flexible AC Transmission System Market, by Controller
    - 7.4.4.1.2 Brazil Flexible AC Transmission System Market, by Vertical
    - 7.4.4.1.3 Brazil Flexible AC Transmission System Market, by Compensation Type
  - 7.4.4.2 Argentina Flexible AC Transmission System Market
    - 7.4.4.2.1 Argentina Flexible AC Transmission System Market, by Controller
    - 7.4.4.2.2 Argentina Flexible AC Transmission System Market, by Vertical
    - 7.4.4.2.3 Argentina Flexible AC Transmission System Market, by Compensation Type
  - 7.4.4.3 UAE Flexible AC Transmission System Market
    - 7.4.4.3.1 UAE Flexible AC Transmission System Market, by Controller
    - 7.4.4.3.2 UAE Flexible AC Transmission System Market, by Vertical
    - 7.4.4.3.3 UAE Flexible AC Transmission System Market, by Compensation Type
  - 7.4.4.4 Saudi Arabia Flexible AC Transmission System Market
    - 7.4.4.4.1 Saudi Arabia Flexible AC Transmission System Market, by Controller
    - 7.4.4.4.2 Saudi Arabia Flexible AC Transmission System Market, by Vertical
    - 7.4.4.4.3 Saudi Arabia Flexible AC Transmission System Market, by Compensation Type
  - 7.4.4.5 South Africa Flexible AC Transmission System Market
    - 7.4.4.5.1 South Africa Flexible AC Transmission System Market, by Controller
    - 7.4.4.5.2 South Africa Flexible AC Transmission System Market, by Vertical
    - 7.4.4.5.3 South Africa Flexible AC Transmission System Market, by Compensation Type
  - 7.4.4.6 Nigeria Flexible AC Transmission System Market
    - 7.4.4.6.1 Nigeria Flexible AC Transmission System Market, by Controller
    - 7.4.4.6.2 Nigeria Flexible AC Transmission System Market, by Vertical
    - 7.4.4.6.3 Nigeria Flexible AC Transmission System Market, by Compensation Type
  - 7.4.4.7 Rest of LAMEA Flexible AC Transmission System Market
    - 7.4.4.7.1 Rest of LAMEA Flexible AC Transmission System Market, by Controller
    - 7.4.4.7.2 Rest of LAMEA Flexible AC Transmission System Market, by Vertical
    - 7.4.4.7.3 Rest of LAMEA Flexible AC Transmission System Market, by Compensation Type

Chapter 8. Company Profiles

8.1 ABB Group
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expense
- 8.1.5 SWOT Analysis
8.2 Adani Power Limited
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 SWOT Analysis
8.3 Alstom SA
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 SWOT Analysis
8.4 CG Power & Industrial Solutions Ltd. (Murugappa Group)
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 SWOT Analysis
8.5 Eaton Corporation PLC
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expense
- 8.5.5 SWOT Analysis
8.6 General Electric Company
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 Recent strategies and developments:
  - 8.6.5.1 Product Launches and Product Expansions:
- 8.6.6 SWOT Analysis
8.7 Hyosung Corporation
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Research & Development Expenses
- 8.7.4 SWOT Analysis
8.8 Mitsubishi Electric Corporation
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expense
- 8.8.5 Recent strategies and developments:
  - 8.8.5.1 Product Launches and Product Expansions:
- 8.8.6 SWOT Analysis
8.9 NR Electric Co., Ltd. (NARI Technology Development Limited Co.)
- 8.9.1 Company Overview
- 8.9.2 SWOT Analysis
8.10. Siemens AG
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expense
- 8.10.5 Recent strategies and developments:
  - 8.10.5.1 Acquisition and Mergers:
- 8.10.6 SWOT Analysis

Chapter 9. Winning imperatives of Flexible AC Transmission System Market:

LIST OF TABLES

TABLE 1 Global Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 2 Global Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 3 Global Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 4 Global Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 5 Global Static VAR Compensator (SVC) Market, by Region, 2019 - 2022, USD Million
TABLE 6 Global Static VAR Compensator (SVC) Market, by Region, 2023 - 2030, USD Million
TABLE 7 Global Static Synchronous Compensator (STATCOM) Market, by Region, 2019 - 2022, USD Million
TABLE 8 Global Static Synchronous Compensator (STATCOM) Market, by Region, 2023 - 2030, USD Million
TABLE 9 Global Unified Power Flow Controller (UPFC) Market, by Region, 2019 - 2022, USD Million
TABLE 10 Global Unified Power Flow Controller (UPFC) Market, by Region, 2023 - 2030, USD Million
TABLE 11 Global Thyristor Controlled Series Compensator (TCSC) Market, by Region, 2019 - 2022, USD Million
TABLE 12 Global Thyristor Controlled Series Compensator (TCSC) Market, by Region, 2023 - 2030, USD Million
TABLE 13 Global Others Market, by Region, 2019 - 2022, USD Million
TABLE 14 Global Others Market, by Region, 2023 - 2030, USD Million
TABLE 15 Global Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 16 Global Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 17 Global Electric Utility Market, by Region, 2019 - 2022, USD Million
TABLE 18 Global Electric Utility Market, by Region, 2023 - 2030, USD Million
TABLE 19 Global Oil & Gas Market, by Region, 2019 - 2022, USD Million
TABLE 20 Global Oil & Gas Market, by Region, 2023 - 2030, USD Million
TABLE 21 Global Railways Market, by Region, 2019 - 2022, USD Million
TABLE 22 Global Railways Market, by Region, 2023 - 2030, USD Million
TABLE 23 Global Others Market, by Region, 2019 - 2022, USD Million
TABLE 24 Global Others Market, by Region, 2023 - 2030, USD Million
TABLE 25 Global Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 26 Global Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 27 Global Series Compensation Market, by Region, 2019 - 2022, USD Million
TABLE 28 Global Series Compensation Market, by Region, 2023 - 2030, USD Million
TABLE 29 Global Combined series-shunt Compensation Market, by Region, 2019 - 2022, USD Million
TABLE 30 Global Combined series-shunt Compensation Market, by Region, 2023 - 2030, USD Million
TABLE 31 Global Shunt Compensation Market, by Region, 2019 - 2022, USD Million
TABLE 32 Global Shunt Compensation Market, by Region, 2023 - 2030, USD Million
TABLE 33 Global Flexible AC Transmission System Market, by Region, 2019 - 2022, USD Million
TABLE 34 Global Flexible AC Transmission System Market, by Region, 2023 - 2030, USD Million
TABLE 35 North America Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 36 North America Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 37 North America Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 38 North America Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 39 North America Static VAR Compensator (SVC) Market, by Country, 2019 - 2022, USD Million
TABLE 40 North America Static VAR Compensator (SVC) Market, by Country, 2023 - 2030, USD Million
TABLE 41 North America Static Synchronous Compensator (STATCOM) Market, by Country, 2019 - 2022, USD Million
TABLE 42 North America Static Synchronous Compensator (STATCOM) Market, by Country, 2023 - 2030, USD Million
TABLE 43 North America Unified Power Flow Controller (UPFC) Market, by Country, 2019 - 2022, USD Million
TABLE 44 North America Unified Power Flow Controller (UPFC) Market, by Country, 2023 - 2030, USD Million
TABLE 45 North America Thyristor Controlled Series Compensator (TCSC) Market, by Country, 2019 - 2022, USD Million
TABLE 46 North America Thyristor Controlled Series Compensator (TCSC) Market, by Country, 2023 - 2030, USD Million
TABLE 47 North America Others Market, by Country, 2019 - 2022, USD Million
TABLE 48 North America Others Market, by Country, 2023 - 2030, USD Million
TABLE 49 North America Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 50 North America Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 51 North America Electric Utility Market, by Country, 2019 - 2022, USD Million
TABLE 52 North America Electric Utility Market, by Country, 2023 - 2030, USD Million
TABLE 53 North America Oil & Gas Market, by Country, 2019 - 2022, USD Million
TABLE 54 North America Oil & Gas Market, by Country, 2023 - 2030, USD Million
TABLE 55 North America Railways Market, by Country, 2019 - 2022, USD Million
TABLE 56 North America Railways Market, by Country, 2023 - 2030, USD Million
TABLE 57 North America Others Market, by Country, 2019 - 2022, USD Million
TABLE 58 North America Others Market, by Country, 2023 - 2030, USD Million
TABLE 59 North America Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 60 North America Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 61 North America Series Compensation Market, by Country, 2019 - 2022, USD Million
TABLE 62 North America Series Compensation Market, by Country, 2023 - 2030, USD Million
TABLE 63 North America Combined series-shunt Compensation Market, by Country, 2019 - 2022, USD Million
TABLE 64 North America Combined series-shunt Compensation Market, by Country, 2023 - 2030, USD Million
TABLE 65 North America Shunt Compensation Market, by Country, 2019 - 2022, USD Million
TABLE 66 North America Shunt Compensation Market, by Country, 2023 - 2030, USD Million
TABLE 67 North America Flexible AC Transmission System Market, by Country, 2019 - 2022, USD Million
TABLE 68 North America Flexible AC Transmission System Market, by Country, 2023 - 2030, USD Million
TABLE 69 US Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 70 US Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 71 US Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 72 US Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 73 US Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 74 US Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 75 US Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 76 US Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 77 Canada Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 78 Canada Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 79 Canada Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 80 Canada Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 81 Canada Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 82 Canada Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 83 Canada Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 84 Canada Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 85 Mexico Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 86 Mexico Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 87 Mexico Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 88 Mexico Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 89 Mexico Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 90 Mexico Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 91 Mexico Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 92 Mexico Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 93 Rest of North America Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 94 Rest of North America Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 95 Rest of North America Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 96 Rest of North America Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 97 Rest of North America Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 98 Rest of North America Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 99 Rest of North America Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 100 Rest of North America Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 101 Europe Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 102 Europe Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 103 Europe Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 104 Europe Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 105 Europe Static VAR Compensator (SVC) Market, by Country, 2019 - 2022, USD Million
TABLE 106 Europe Static VAR Compensator (SVC) Market, by Country, 2023 - 2030, USD Million
TABLE 107 Europe Static Synchronous Compensator (STATCOM) Market, by Country, 2019 - 2022, USD Million
TABLE 108 Europe Static Synchronous Compensator (STATCOM) Market, by Country, 2023 - 2030, USD Million
TABLE 109 Europe Unified Power Flow Controller (UPFC) Market, by Country, 2019 - 2022, USD Million
TABLE 110 Europe Unified Power Flow Controller (UPFC) Market, by Country, 2023 - 2030, USD Million
TABLE 111 Europe Thyristor Controlled Series Compensator (TCSC) Market, by Country, 2019 - 2022, USD Million
TABLE 112 Europe Thyristor Controlled Series Compensator (TCSC) Market, by Country, 2023 - 2030, USD Million
TABLE 113 Europe Others Market, by Country, 2019 - 2022, USD Million
TABLE 114 Europe Others Market, by Country, 2023 - 2030, USD Million
TABLE 115 Europe Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 116 Europe Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 117 Europe Electric Utility Market, by Country, 2019 - 2022, USD Million
TABLE 118 Europe Electric Utility Market, by Country, 2023 - 2030, USD Million
TABLE 119 Europe Oil & Gas Market, by Country, 2019 - 2022, USD Million
TABLE 120 Europe Oil & Gas Market, by Country, 2023 - 2030, USD Million
TABLE 121 Europe Railways Market, by Country, 2019 - 2022, USD Million
TABLE 122 Europe Railways Market, by Country, 2023 - 2030, USD Million
TABLE 123 Europe Others Market, by Country, 2019 - 2022, USD Million
TABLE 124 Europe Others Market, by Country, 2023 - 2030, USD Million
TABLE 125 Europe Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 126 Europe Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 127 Europe Series Compensation Market, by Country, 2019 - 2022, USD Million
TABLE 128 Europe Series Compensation Market, by Country, 2023 - 2030, USD Million
TABLE 129 Europe Combined series-shunt Compensation Market, by Country, 2019 - 2022, USD Million
TABLE 130 Europe Combined series-shunt Compensation Market, by Country, 2023 - 2030, USD Million
TABLE 131 Europe Shunt Compensation Market, by Country, 2019 - 2022, USD Million
TABLE 132 Europe Shunt Compensation Market, by Country, 2023 - 2030, USD Million
TABLE 133 Europe Flexible AC Transmission System Market, by Country, 2019 - 2022, USD Million
TABLE 134 Europe Flexible AC Transmission System Market, by Country, 2023 - 2030, USD Million
TABLE 135 Germany Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 136 Germany Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 137 Germany Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 138 Germany Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 139 Germany Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 140 Germany Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 141 Germany Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 142 Germany Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 143 UK Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 144 UK Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 145 UK Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 146 UK Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 147 UK Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 148 UK Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 149 UK Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 150 UK Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 151 France Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 152 France Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 153 France Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 154 France Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 155 France Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 156 France Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 157 France Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 158 France Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 159 Russia Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 160 Russia Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 161 Russia Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 162 Russia Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 163 Russia Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 164 Russia Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 165 Russia Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 166 Russia Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 167 Spain Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 168 Spain Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 169 Spain Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 170 Spain Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 171 Spain Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 172 Spain Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 173 Spain Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 174 Spain Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 175 Italy Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 176 Italy Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 177 Italy Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 178 Italy Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 179 Italy Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 180 Italy Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 181 Italy Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 182 Italy Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 183 Rest of Europe Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 184 Rest of Europe Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 185 Rest of Europe Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 186 Rest of Europe Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 187 Rest of Europe Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 188 Rest of Europe Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 189 Rest of Europe Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 190 Rest of Europe Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 191 Asia Pacific Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 192 Asia Pacific Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 193 Asia Pacific Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 194 Asia Pacific Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 195 Asia Pacific Static VAR Compensator (SVC) Market, by Country, 2019 - 2022, USD Million
TABLE 196 Asia Pacific Static VAR Compensator (SVC) Market, by Country, 2023 - 2030, USD Million
TABLE 197 Asia Pacific Static Synchronous Compensator (STATCOM) Market, by Country, 2019 - 2022, USD Million
TABLE 198 Asia Pacific Static Synchronous Compensator (STATCOM) Market, by Country, 2023 - 2030, USD Million
TABLE 199 Asia Pacific Unified Power Flow Controller (UPFC) Market, by Country, 2019 - 2022, USD Million
TABLE 200 Asia Pacific Unified Power Flow Controller (UPFC) Market, by Country, 2023 - 2030, USD Million
TABLE 201 Asia Pacific Thyristor Controlled Series Compensator (TCSC) Market, by Country, 2019 - 2022, USD Million
TABLE 202 Asia Pacific Thyristor Controlled Series Compensator (TCSC) Market, by Country, 2023 - 2030, USD Million
TABLE 203 Asia Pacific Others Market, by Country, 2019 - 2022, USD Million
TABLE 204 Asia Pacific Others Market, by Country, 2023 - 2030, USD Million
TABLE 205 Asia Pacific Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 206 Asia Pacific Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 207 Asia Pacific Electric Utility Market, by Country, 2019 - 2022, USD Million
TABLE 208 Asia Pacific Electric Utility Market, by Country, 2023 - 2030, USD Million
TABLE 209 Asia Pacific Oil & Gas Market, by Country, 2019 - 2022, USD Million
TABLE 210 Asia Pacific Oil & Gas Market, by Country, 2023 - 2030, USD Million
TABLE 211 Asia Pacific Railways Market, by Country, 2019 - 2022, USD Million
TABLE 212 Asia Pacific Railways Market, by Country, 2023 - 2030, USD Million
TABLE 213 Asia Pacific Others Market, by Country, 2019 - 2022, USD Million
TABLE 214 Asia Pacific Others Market, by Country, 2023 - 2030, USD Million
TABLE 215 Asia Pacific Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 216 Asia Pacific Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 217 Asia Pacific Series Compensation Market, by Country, 2019 - 2022, USD Million
TABLE 218 Asia Pacific Series Compensation Market, by Country, 2023 - 2030, USD Million
TABLE 219 Asia Pacific Combined series-shunt Compensation Market, by Country, 2019 - 2022, USD Million
TABLE 220 Asia Pacific Combined series-shunt Compensation Market, by Country, 2023 - 2030, USD Million
TABLE 221 Asia Pacific Shunt Compensation Market, by Country, 2019 - 2022, USD Million
TABLE 222 Asia Pacific Shunt Compensation Market, by Country, 2023 - 2030, USD Million
TABLE 223 Asia Pacific Flexible AC Transmission System Market, by Country, 2019 - 2022, USD Million
TABLE 224 Asia Pacific Flexible AC Transmission System Market, by Country, 2023 - 2030, USD Million
TABLE 225 China Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 226 China Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 227 China Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 228 China Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 229 China Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 230 China Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 231 China Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 232 China Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million
TABLE 233 Japan Flexible AC Transmission System Market, 2019 - 2022, USD Million
TABLE 234 Japan Flexible AC Transmission System Market, 2023 - 2030, USD Million
TABLE 235 Japan Flexible AC Transmission System Market, by Controller, 2019 - 2022, USD Million
TABLE 236 Japan Flexible AC Transmission System Market, by Controller, 2023 - 2030, USD Million
TABLE 237 Japan Flexible AC Transmission System Market, by Vertical, 2019 - 2022, USD Million
TABLE 238 Japan Flexible AC Transmission System Market, by Vertical, 2023 - 2030, USD Million
TABLE 239 Japan Flexible AC Transmission System Market, by Compensation Type, 2019 - 2022, USD Million
TABLE 240 Japan Flexible AC Transmission System Market, by Compensation Type, 2023 - 2030, USD Million

Global Flexible AC Transmission System Market Size, Share & Industry Trends Analysis Report By Controller, By Vertical (Electric Utility, Oil & Gas, Railways, and Others), By Compensation Type, By Regional Outlook and Forecast, 2023 - 2030

Description

Table of Contents