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.
Global Flexible AC Transmission Systems (FACTS) Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Flexible AC Transmission Systems (FACTS) Industry report also provides essential attributes associated with Flexible AC Transmission Systems (FACTS) market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global Flexible AC Transmission Systems (FACTS) Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Flexible AC Transmission Systems (FACTS) business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Flexible AC Transmission Systems (FACTS) market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
Market Segment by Type, covers:
Market Segment by Applications, can be divided into:
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