Global Flexible AC Transmission Systems (FACTS) Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Flexible AC Transmission Systems (FACTS) market size was valued at US$ 1615 million in 2024 and is forecast to a readjusted size of USD 2189 million by 2031 with a CAGR of 4.5% during review period.

A flexible alternating current transmission system (FACTS) is a system composed of static equipment used for the AC transmission of electrical energy. It is meant to enhance controllability and increase power transfer capability of the network. It is generally a power electronics-based system.

FACTS is defined by the IEEE as "a power electronic based system and other static equipment that provide control of one or more AC transmission system parameters to enhance controllability and increase power transfer capability."

According to Siemens "FACTS Increase the reliability of AC grids and reduce power delivery costs. They improve transmission quality and efficiency of power transmission by supplying inductive or reactive power to the grid.

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%.

This report is a detailed and comprehensive analysis for global Flexible AC Transmission Systems (FACTS) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Flexible AC Transmission Systems (FACTS) market size and forecasts, in consumption value ($ Million), 2020-2031

Global Flexible AC Transmission Systems (FACTS) market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global Flexible AC Transmission Systems (FACTS) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global Flexible AC Transmission Systems (FACTS) market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Flexible AC Transmission Systems (FACTS)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Flexible AC Transmission Systems (FACTS) market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, RXPE, Sieyuan Electric, Mitsubishi Electric, GE, Toshiba, AMSC, Hyosung, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Flexible AC Transmission Systems (FACTS) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Shunt Compensation
Series Compensation
Others

Market segment by Application
Metal Industry
Utilities
Railway
Mining
Other

Market segment by players, this report covers
ABB
Siemens
RXPE
Sieyuan Electric
Mitsubishi Electric
GE
Toshiba
AMSC
Hyosung

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Flexible AC Transmission Systems (FACTS) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Flexible AC Transmission Systems (FACTS), with revenue, gross margin, and global market share of Flexible AC Transmission Systems (FACTS) from 2020 to 2025.

Chapter 3, the Flexible AC Transmission Systems (FACTS) competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Flexible AC Transmission Systems (FACTS) market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Flexible AC Transmission Systems (FACTS).

Chapter 13, to describe Flexible AC Transmission Systems (FACTS) research findings and conclusion.