the present scenario (with the base year being 2017) and the growth prospects of global Flexible AC Transmission Systems (FACTS) market for 2018-2023.
Flexible AC Current Transmission System (FACTS) is a power electronic-based system, composed of static equipment used for the AC transmission of electrical energy. FACTS offers collective controllability and the power transfer ability of the network, as well as results in reduced power supply costs. Complexity in networks has increased the issues in power supply quality, flexibility and reliability.
Over the next five years,our projects that Flexible AC Transmission Systems (FACTS) will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This rport presents a comprehensive overview, market shares, and growth opportunities of Flexible AC Transmission Systems (FACTS) market by product type, application, key manufacturers and key regions.
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To calculate the market size, We considers value and volume generated from the sales of the following segments:
Segmentation by product type:
- Shunt Compensation
- Series Compensation
- Combined Series and Shunt Compensation
Segmentation by application:
- Electric Utilities
- Oil & Gas
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in Flexible AC Transmission Systems Market :
- GE Grid Solutions
- Mitsubishi Electric Corporation
- Eaton Corporation
- American Electric Power
- Adani Power
- NR Electric Co., Ltd.
In addition, Flexible AC Transmission Systems Market discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Flexible AC Transmission Systems (FACTS) consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Flexible AC Transmission Systems (FACTS) market by identifying its various subsegments.
- Focuses on the key global Flexible AC Transmission Systems (FACTS) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Flexible AC Transmission Systems (FACTS) with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Flexible AC Transmission Systems (FACTS) submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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