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Flexible AC Transmission Systems Market by Compensation Type (Combined compensation, Series compensation, Shunt compensation), Components (Phase shifting transformers, Power electronics devices, Protection and control systems), Function, Industry Vertical

Publisher 360iResearch
Published Oct 04, 2023
Length 193 Pages
SKU # IRE18316778

Description

Flexible AC Transmission Systems Market by Compensation Type (Combined compensation, Series compensation, Shunt compensation), Components (Phase shifting transformers, Power electronics devices, Protection and control systems), Function, Industry Vertical - Global Forecast 2023-2030


The Flexible AC Transmission Systems Market size was estimated at USD 1.29 billion in 2022 and expected to reach USD 1.35 billion in 2023, at a CAGR 5.32% to reach USD 1.96 billion by 2030 .

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Flexible AC Transmission Systems Market.
  • Based on Compensation Type, market is studied across Combined compensation, Series compensation, and Shunt compensation. The Combined compensation is projected to witness significant market share during forecast period.
  • Based on Components, market is studied across Phase shifting transformers, Power electronics devices, and Protection and control systems. The Power electronics devices is projected to witness significant market share during forecast period.
  • Based on Function, market is studied across Harmonic suppression, Network stabilization, Transmission capacity, and Voltage control. The Network stabilization is projected to witness significant market share during forecast period.
  • Based on Industry Vertical, market is studied across Electric Utility, Oil & Gas, Others, and Railways. The Electric Utility is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Flexible AC Transmission Systems Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Flexible AC Transmission Systems Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Flexible AC Transmission Systems Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Amazon Web Services, Inc., American Superconductor Corporation, Beijing Power Equipment Group Co. Limited, Bharat Heavy Electricals Limited, Clariant Power System Limited, Comsys Holdings Corporation, Freqcon GmbH, General Electric Company, Hyosung Heavy Industries, Infineon Technologies AG, Ingeteam Power Technology, S.A., JEMA Energy S.A., Merus Power Plc, Mitsubishi Electric Corporation, and NR Electric Co., Ltd..

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Flexible AC Transmission Systems Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Flexible AC Transmission Systems Market?
  3. What is the competitive strategic window for identifying opportunities in the Flexible AC Transmission Systems Market?
  4. What are the latest technology trends and regulatory frameworks in the Flexible AC Transmission Systems Market?
  5. What is the market share of the leading vendors in the Flexible AC Transmission Systems Market?
  6. Which modes and strategic moves are suitable for entering the Flexible AC Transmission Systems Market?


Note: PDF & Excel + Online Access - 1 Year

Table of Contents

193 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Flexible AC Transmission Systems Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing benefits offered by FACTS
5.1.1.2. Growing utilization of renewable energy into power grids
5.1.1.3. Rising demand for STATCOM devices for voltage control
5.1.2. Restraints
5.1.2.1. High installation cost
5.1.3. Opportunities
5.1.3.1. Rising investments in transmission network
5.1.3.2. Growing focus on energy generation using renewable sources
5.1.4. Challenges
5.1.4.1. Size and communication limitations in FACTS
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Flexible AC Transmission Systems Market, by Compensation Type
6.1. Introduction
6.2. Combined compensation
6.3. Series compensation
6.4. Shunt compensation
7. Flexible AC Transmission Systems Market, by Components
7.1. Introduction
7.2. Phase shifting transformers
7.3. Power electronics devices
7.4. Protection and control systems
8. Flexible AC Transmission Systems Market, by Function
8.1. Introduction
8.2. Harmonic suppression
8.3. Network stabilization
8.4. Transmission capacity
8.5. Voltage control
9. Flexible AC Transmission Systems Market, by Industry Vertical
9.1. Introduction
9.2. Electric Utility
9.3. Oil & Gas
9.4. Others
9.5. Railways
10. Americas Flexible AC Transmission Systems Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Flexible AC Transmission Systems Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Flexible AC Transmission Systems Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. ABB Ltd.
14.1.2. Amazon Web Services, Inc.
14.1.3. American Superconductor Corporation
14.1.4. Beijing Power Equipment Group Co. Limited
14.1.5. Bharat Heavy Electricals Limited
14.1.6. Clariant Power System Limited
14.1.7. Comsys Holdings Corporation
14.1.8. Freqcon GmbH
14.1.9. General Electric Company
14.1.10. Hyosung Heavy Industries
14.1.11. Infineon Technologies AG
14.1.12. Ingeteam Power Technology, S.A.
14.1.13. JEMA Energy S.A.
14.1.14. Merus Power Plc
14.1.15. Mitsubishi Electric Corporation
14.1.16. NR Electric Co., Ltd.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing

Pricing

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