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Market Research Report

Global Flexible AC Transmission Systems FACTS Controllers Market Insights, Size, and Forecast By End Use (Utility, Industrial, Commercial), By Application (Voltage Control, Stability Enhancement, Power Flow Control, Dynamic Reactive Power Compensation), By Technology (Static Synchronous Compensator, Static Var Compensator, Thyristor Controlled Series Capacitor, Unified Power Flow Controller), By Component (Control System, Power Electronics, Transformers, Switchgear), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Key Companies, Competitive Analysis, Trends, and Projections for 2026-2035

Report ID:85339
Published Date:Jan 2026
No. of Pages:200
Base Year for Estimate:2025
Format:
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Key Market Insights

Global Flexible AC Transmission Systems FACTS Controllers Market is projected to grow from USD 1.68 Billion in 2025 to USD 3.45 Billion by 2035, reflecting a compound annual growth rate of 7.6% from 2026 through 2035. This market encompasses a range of power electronic devices and static controllers used to enhance the controllability, power transfer capability, and stability of AC transmission systems. FACTS controllers such as Static Var Compensators SVCs, Static Synchronous Compensators STATCOMs, and Unified Power Flow Controllers UPFCs optimize power flow, regulate voltage, and improve grid reliability. Key drivers fueling this growth include the escalating global demand for electricity, particularly from industrialization and urbanization, coupled with the imperative for grid modernization and stability. The increasing integration of renewable energy sources, which are intermittent and require advanced grid management solutions, further propels market expansion. Moreover, aging transmission infrastructure in many regions necessitates the deployment of FACTS controllers to extend asset life and improve operational efficiency. However, high initial capital investment costs and the technical complexities associated with the integration of these advanced systems into existing grids pose significant restraints.

Global Flexible AC Transmission Systems FACTS Controllers Market Value (USD Billion) Analysis, 2025-2035

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7.6%
CAGR from
2025 - 2035
Source:
www.makdatainsights.com

A prominent trend in the market is the ongoing innovation in power electronics and control algorithms, leading to more compact, efficient, and cost-effective FACTS devices. There is also a growing emphasis on hybrid FACTS solutions that combine multiple functionalities to address diverse grid challenges. The market for FACTS controllers is segmented by application, technology, end use, and component, with the utility segment holding the largest share due to widespread adoption by power transmission and distribution companies. Geographically, Asia Pacific stands out as both the dominant and fastest growing region. The dominance of Asia Pacific is attributed to massive investments in grid expansion and modernization projects, particularly in rapidly industrializing economies like China and India, along with increasing adoption of renewable energy. Its rapid growth is fueled by continued infrastructure development, a burgeoning population, and supportive government policies aimed at improving grid resilience and capacity.

Opportunities abound in the development of smart grid initiatives and the proliferation of microgrids, which demand sophisticated power quality and stability solutions. Furthermore, the rising adoption of intelligent grid solutions and the need for enhanced power quality in industrial applications present significant avenues for growth. The competitive landscape features key players such as Smart Wires, Schneider Electric, Alstom, Larsen & Toubro, Prysmian Group, Mitsubishi Heavy Industries, General Electric, Crompton Greaves, Eaton, and Nexans. These companies are strategically focused on research and development to innovate new products, expand their global footprint through strategic partnerships and acquisitions, and offer comprehensive solutions that address the evolving needs of utility and industrial clients. Their strategies also include improving the efficiency and reducing the cost of FACTS controllers to enhance market penetration and attract broader adoption across different end-use sectors.

Quick Stats

  • Market Size (2025):

    USD 1.68 Billion

  • Projected Market Size (2035):

    USD 3.45 Billion

  • Leading Segment:

    Utility (78.6% Share)

  • Dominant Region (2025):

    Asia Pacific (38.7% Share)

  • CAGR (2026-2035):

    7.6%

Global Flexible AC Transmission Systems FACTS Controllers Market Emerging Trends and Insights

FACTS Controllers Powering Grid Modernization

Global grid modernization heavily relies on FACTS controllers to address the increasing demand for resilient and efficient power transmission. These advanced devices dynamically control power flow and enhance stability within AC grids, crucial for integrating renewable energy sources like wind and solar, which often cause intermittency. FACTS controllers mitigate congestion, reduce transmission losses, and prevent cascading power outages by optimizing voltage and current parameters in real time. Their ability to quickly react to changing grid conditions and improve power quality makes them indispensable for smart grids. This trend signifies a shift towards more intelligent and adaptable infrastructure, where FACTS controllers are foundational technologies enabling greater flexibility and reliability in a modern, decarbonized energy landscape.

Renewable Integration Driving FACTS Demand

The global shift towards renewable energy sources like solar and wind is directly fueling demand for Flexible AC Transmission Systems FACTS controllers. Renewable generation is inherently variable and often located far from consumption centers, causing grid instability and power quality issues. FACTS technologies such as STATCOMs and SVCs are crucial for mitigating these challenges. They dynamically control reactive power, enhance voltage stability, improve power factor, and dampen oscillations, thereby ensuring reliable and efficient integration of intermittent renewable power into existing grids. This dynamic compensation capacity allows for increased penetration of renewables without costly grid overhauls, making FACTS a fundamental enabler for a greener energy future. The need to stabilize and optimize transmission lines under fluctuating renewable loads is the primary driver.

Smart Grids Accelerating FACTS Adoption

Smart grids are fundamentally transforming electricity networks, demanding enhanced control and stability. This evolution directly fuels the accelerating adoption of Flexible AC Transmission Systems FACTS controllers. Modern grids, characterized by increasing renewable energy integration and distributed generation, experience greater power flow fluctuations and voltage instability. FACTS technologies, including STATCOMs and SVCs, are crucial for dynamically regulating power flow, improving voltage profiles, and dampening oscillations. Their ability to optimize grid performance, enhance transient stability, and increase transmission capacity makes them indispensable for smart grid operations. Furthermore, FACTS controllers facilitate more efficient power dispatch and contribute to a more resilient and reliable smart grid infrastructure, solidifying their critical role in grid modernization efforts globally.

What are the Key Drivers Shaping the Global Flexible AC Transmission Systems FACTS Controllers Market

Growing Demand for Grid Modernization and Stability

The increasing demand for electricity, coupled with the integration of variable renewable energy sources like wind and solar, creates significant challenges for grid operators. This necessitates modernization of existing transmission infrastructure to ensure stable and reliable power delivery. FACTS controllers are crucial for enhancing grid stability and managing power flow more efficiently. They enable utilities to accommodate higher levels of renewable generation without compromising system security. As grids become more complex and decentralized, the need for sophisticated control mechanisms to maintain voltage profiles, prevent cascading failures, and optimize transmission capacity intensifies. This drives the adoption of FACTS technology for smarter, more resilient grids capable of meeting future energy demands.

Increasing Integration of Renewable Energy Sources

The global push for decarbonization is accelerating the adoption of renewable energy sources like solar and wind. These intermittent generators pose significant challenges to grid stability due to their variability and often remote locations. Flexible AC Transmission Systems FACTS controllers are crucial for integrating this rising share of renewables effectively. By providing dynamic voltage support, power flow control, and transient stability enhancement, FACTS devices enable the efficient and reliable transmission of renewable power across long distances and into existing grids. This capability mitigates issues such as power fluctuations, transmission congestion, and voltage sags, ensuring grid resilience while maximizing the utilization of clean energy. The increasing integration of diverse renewable energy portfolios directly fuels demand for these advanced grid solutions.

Rising Investment in Transmission Infrastructure Expansion

The global demand for electricity is steadily increasing, driven by industrial expansion, population growth, and the adoption of electric vehicles. To reliably meet this rising demand, significant investment is being directed towards strengthening and expanding transmission infrastructure worldwide. Existing grids often face capacity constraints and stability challenges, particularly with the integration of intermittent renewable energy sources. This necessitates the deployment of advanced solutions like FACTS controllers. These technologies enhance power transfer capability, improve grid stability, control power flow, and reduce transmission losses, making new and upgraded transmission lines more efficient and resilient. Consequently, substantial capital infusion into transmission network development directly fuels the adoption and growth of FACTS controllers.

Global Flexible AC Transmission Systems FACTS Controllers Market Restraints

Lack of Standardized Regulations and Interoperability Challenges for FACTS Controller Deployment

The absence of uniform global regulations and technical standards poses a significant hurdle for Flexible AC Transmission Systems FACTS controller deployment. This lack of standardization makes it difficult for manufacturers to develop universally compatible devices, leading to market fragmentation and increased development costs. Different countries or regions may have varying grid codes, communication protocols, and certification requirements, compelling manufacturers to create specialized products for each market. This complexity deters widespread adoption and cross border integration of FACTS technologies. Furthermore, the inability of different FACTS controllers to seamlessly communicate and operate together due to interoperability issues limits their combined effectiveness in optimizing power flow and enhancing grid stability across diverse utility networks.

High Upfront Investment Costs and Complexities of Integrating FACTS Controllers into Existing Grid Infrastructure

Integrating Flexible AC Transmission Systems FACTS controllers into existing grid infrastructure presents significant challenges. A primary restraint is the substantial upfront investment required for purchasing these advanced power electronic devices. Beyond the initial equipment cost, there are extensive expenses associated with engineering design, customized manufacturing, civil works for installation, and comprehensive commissioning processes.

Furthermore, the complexities of integration are considerable. Existing grids often have varying vintages of equipment, diverse operational protocols, and stringent reliability requirements. Seamlessly incorporating FACTS controllers demands meticulous planning to ensure compatibility, avoid operational disruptions, and maintain grid stability. This involves detailed power system studies, software upgrades for grid control centers, and extensive testing to validate performance. The need for specialized expertise for design, installation, and ongoing maintenance also adds to the overall complexity and cost, making it a demanding undertaking for grid operators.

Global Flexible AC Transmission Systems FACTS Controllers Market Opportunities

FACTS Controllers for Enhanced Global Renewable Energy Integration and Grid Stability

The global energy transition, marked by a rapid increase in renewable energy sources like solar and wind, presents a significant opportunity for Flexible AC Transmission Systems (FACTS) controllers. Grids worldwide face challenges integrating intermittent generation while maintaining stability and efficiency. FACTS controllers offer advanced solutions, dynamically managing power flow, regulating voltage, and optimizing transmission capacity.

This technology is crucial for seamlessly integrating vast renewable energy projects, often located remotely, into existing grids. FACTS improve grid stability by damping power oscillations, providing fast reactive power compensation, and preventing congestion. This ensures reliable electricity delivery, reduces transmission losses, and supports the modernization of energy infrastructure. The demand for robust, resilient grids capable of handling diverse energy mixes underpins this opportunity. FACTS controllers enable a secure, efficient, and sustainable future for global power systems, especially in regions experiencing rapid electrification and industrial growth.

Optimizing Grid Performance and Reliability: The Growing Market for Advanced FACTS Controller Solutions

Modern electricity grids globally grapple with unprecedented challenges including integrating volatile renewable energy sources and managing escalating power demands. This complexity underscores a critical need for enhanced grid performance, stability, and reliability. Advanced Flexible AC Transmission Systems FACTS controller solutions present a significant opportunity by directly addressing these issues. They enable dynamic voltage support, improve power transfer capacity, mitigate power quality problems, and enhance overall system stability. As nations strive to modernize their infrastructure, prevent blackouts, and facilitate a sustainable energy transition, the demand for these sophisticated controllers is surging. Rapid economic development and ambitious renewable energy targets in regions like Asia Pacific are particularly fueling this growth. The opportunity lies in providing innovative, efficient, and robust FACTS technologies that empower utilities to build smarter, more resilient, and higher performing grids capable of meeting future energy landscapes reliably and efficiently.

Global Flexible AC Transmission Systems FACTS Controllers Market Segmentation Analysis

Key Market Segments

By Application

  • •Voltage Control
  • •Stability Enhancement
  • •Power Flow Control
  • •Dynamic Reactive Power Compensation

By Technology

  • •Static Synchronous Compensator
  • •Static Var Compensator
  • •Thyristor Controlled Series Capacitor
  • •Unified Power Flow Controller

By End Use

  • •Utility
  • •Industrial
  • •Commercial

By Component

  • •Control System
  • •Power Electronics
  • •Transformers
  • •Switchgear

Segment Share By Application

Share, By Application, 2025 (%)

  • Voltage Control
  • Dynamic Reactive Power Compensation
  • Stability Enhancement
  • Power Flow Control
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$1.68BGlobal Market Size, 2025
Source:
www.makdatainsights.com

Why is Utility dominating the Global Flexible AC Transmission Systems FACTS Controllers Market?

The Utility sector holds the largest share due to its inherent need for robust and reliable electricity grids. FACTS controllers are critical for utilities to manage complex power transmission networks, ensuring voltage stability, controlling power flow across long distances, and enhancing overall grid resilience. These systems are indispensable for preventing blackouts, integrating renewable energy sources, and optimizing power transfer efficiency in a constantly evolving energy landscape.

Which application drives significant adoption within FACTS Controllers?

Voltage Control is a primary application driving demand for FACTS controllers. Utilities continually face challenges in maintaining stable voltage levels across their vast transmission lines, especially with fluctuating loads and decentralized generation. FACTS devices provide precise and dynamic reactive power compensation, effectively regulating voltage, preventing voltage sags or swells, and thereby safeguarding sensitive equipment while ensuring reliable power delivery to consumers and industries.

What technology segment forms a cornerstone of FACTS Controller implementation?

The Static Synchronous Compensator STATCOM technology is a crucial and increasingly adopted segment. STATCOMs offer superior dynamic reactive power compensation capabilities compared to older technologies. Their ability to inject or absorb both leading and lagging reactive power quickly and independently of AC system voltage makes them highly effective for dynamic voltage support, improving transient stability, and damping power oscillations in modern grids.

Global Flexible AC Transmission Systems FACTS Controllers Market Regulatory and Policy Environment Analysis

The global FACTS controllers market is significantly shaped by evolving regulatory and policy environments prioritizing grid modernization and stability. Governments worldwide are implementing initiatives to enhance grid resilience, integrate variable renewable energy sources, and optimize transmission capacity. Policies promoting smart grids, such as those in Europe, North America, and parts of Asia, directly encourage the adoption of advanced power electronics like FACTS for active power flow control and voltage support. Regulations mandating higher grid efficiency and power quality standards also drive utility investments. Furthermore, cross-border grid interconnections and regional energy market development necessitate FACTS solutions for managing complex power exchanges. Support mechanisms like investment tax credits or regulated asset base models, allowing utilities to recover costs for grid enhancements, accelerate FACTS deployment. Environmental policies aiming for decarbonization indirectly bolster demand by requiring robust grids capable of handling increased renewable penetration. Global and national standards bodies ensure interoperability and safety, fostering market confidence.

Which Emerging Technologies Are Driving New Trends in the Market?

The Global Flexible AC Transmission Systems FACTS Controllers Market is being revolutionized by continuous technological advancements. Innovations in wide bandgap semiconductors such as Silicon Carbide and Gallium Nitride are driving the development of more compact, efficient, and higher performing FACTS devices with faster response times. Modular and scalable power electronic designs are simplifying installation, maintenance, and system upgrades, enhancing operational flexibility.

The integration of artificial intelligence and machine learning algorithms is enabling predictive control and optimized reactive power compensation, significantly improving grid stability and power quality. Cybersecurity enhancements are crucial for safeguarding these increasingly digitalized systems. Furthermore, advanced control strategies and hybrid FACTS solutions are emerging to address the complexities of renewable energy integration and enhance grid resilience, propelling market expansion and widespread adoption.

Global Flexible AC Transmission Systems FACTS Controllers Market Regional Analysis

Global Flexible AC Transmission Systems FACTS Controllers Market

Trends, by Region

Largest Market
Fastest Growing Market
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38.7%

Asia-Pacific Market
Revenue Share, 2025

Source:
www.makdatainsights.com

Dominant Region

Asia Pacific · 38.7% share

Asia Pacific dominates the global Flexible AC Transmission Systems FACTS Controllers market, commanding a significant 38.7% share. This strong regional presence is driven by rapid industrialization and urbanization across countries like China and India. Growing electricity demand, coupled with the need for grid modernization and stability, propels investment in advanced FACTS controllers. Furthermore, renewable energy integration initiatives, particularly large scale solar and wind projects, necessitate FACTS solutions to manage power fluctuations and enhance transmission capacity. Government support for smart grid development and cross border interconnections also contributes to the Pacific's leading position, making it a pivotal region for market growth and technological adoption.

Fastest Growing Region

Asia Pacific · 9.2% CAGR

Asia Pacific emerges as the fastest growing region in the Global Flexible AC Transmission Systems FACTS Controllers Market, projected at a robust CAGR of 9.2% during the forecast period of 2026-2035. This accelerated growth is primarily propelled by rapid industrialization and urbanization across major economies within the region. Increasing demand for reliable and efficient power transmission due to expanding electricity consumption and ambitious renewable energy integration targets are key drivers. Governments are investing heavily in grid modernization projects to support these initiatives, stimulating the adoption of advanced FACTS controllers. Furthermore, a rising focus on grid stability and power quality enhancements to accommodate variable renewable energy sources further fuels market expansion.

Impact of Geopolitical and Macroeconomic Factors

Geopolitical tensions impact supply chains for specialized electrical components and rare earth minerals essential for FACTS controllers. Trade disputes, particularly involving China, a key supplier and consumer, can restrict access to critical technologies and inflate material costs. Geopolitical competition drives investment in grid modernization and resilience, including FACTS, as nations seek energy independence and robust critical infrastructure. Regional conflicts may accelerate adoption in certain areas for grid stabilization.

Macroeconomically, rising interest rates increase capital costs for utility infrastructure projects, potentially slowing FACTS deployments. However, government stimulus packages and green energy initiatives provide significant counterbalancing forces, subsidizing grid upgrades and renewable integration. Inflation in labor and material costs pressure manufacturer margins. Currency fluctuations affect import costs and market competitiveness. Overall, the global push for renewable energy integration and grid efficiency remains a strong macroeconomic driver.

Recent Developments

  • March 2025

    Smart Wires announced a strategic partnership with a major European TSO to integrate its SmartValve technology across several critical transmission corridors. This collaboration aims to enhance grid flexibility and enable higher penetration of renewable energy sources through dynamic power flow control.

  • September 2024

    General Electric unveiled its next-generation STATCOM unit, designed for ultra-fast reactive power compensation and improved transient stability in weak grids. The new product boasts enhanced modularity and a smaller footprint, making it suitable for a wider range of grid modernization projects.

  • June 2025

    Mitsubishi Heavy Industries completed the acquisition of a specialized FACTS control software developer. This acquisition is intended to strengthen MHI's in-house capabilities for advanced control algorithms and intelligent grid integration of its FACTS solutions.

  • November 2024

    Prysmian Group announced a new strategic initiative focused on developing superconducting FACTS devices for high-power, long-distance transmission applications. This initiative aims to address the growing demand for highly efficient and compact power compensation solutions in future grid architectures.

Key Players Analysis

Smart Wires and Schneider Electric lead the FACTS controllers market, leveraging advanced power electronics for grid stability and renewable integration. Mitsubishi Heavy Industries and Eaton focus on diverse solutions, while Prysmian Group and Nexans specialize in cabling integration. Strategic collaborations and innovations in voltage source converters drive market growth, with General Electric and Alstom contributing significantly to large scale transmission projects.

List of Key Companies:

  1. Smart Wires
  2. Schneider Electric
  3. Alstom
  4. Larsen & Toubro
  5. Prysmian Group
  6. Mitsubishi Heavy Industries
  7. General Electric
  8. Crompton Greaves
  9. Eaton
  10. Nexans
  11. Siemens
  12. Mitsubishi Electric
  13. S&C Electric Company
  14. ABB
  15. Raychem RPG

Report Scope and Segmentation

Report ComponentDescription
Market Size (2025)USD 1.68 Billion
Forecast Value (2035)USD 3.45 Billion
CAGR (2026-2035)7.6%
Base Year2025
Historical Period2020-2025
Forecast Period2026-2035
Segments Covered
  • By Application:
    • •Voltage Control
    • •Stability Enhancement
    • •Power Flow Control
    • •Dynamic Reactive Power Compensation
  • By Technology:
    • •Static Synchronous Compensator
    • •Static Var Compensator
    • •Thyristor Controlled Series Capacitor
    • •Unified Power Flow Controller
  • By End Use:
    • •Utility
    • •Industrial
    • •Commercial
  • By Component:
    • •Control System
    • •Power Electronics
    • •Transformers
    • •Switchgear
Regional Analysis
  • North America
  • • United States
  • • Canada
  • Europe
  • • Germany
  • • France
  • • United Kingdom
  • • Spain
  • • Italy
  • • Russia
  • • Rest of Europe
  • Asia-Pacific
  • • China
  • • India
  • • Japan
  • • South Korea
  • • New Zealand
  • • Singapore
  • • Vietnam
  • • Indonesia
  • • Rest of Asia-Pacific
  • Latin America
  • • Brazil
  • • Mexico
  • • Rest of Latin America
  • Middle East and Africa
  • • South Africa
  • • Saudi Arabia
  • • UAE
  • • Rest of Middle East and Africa

Table of Contents:

1. Introduction
1.1. Objectives of Research
1.2. Market Definition
1.3. Market Scope
1.4. Research Methodology
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Market Factor Analysis
4.1. Porter's Five Forces Model Analysis
4.1.1. Rivalry among Existing Competitors
4.1.2. Bargaining Power of Buyers
4.1.3. Bargaining Power of Suppliers
4.1.4. Threat of Substitute Products or Services
4.1.5. Threat of New Entrants
4.2. PESTEL Analysis
4.2.1. Political Factors
4.2.2. Economic & Social Factors
4.2.3. Technological Factors
4.2.4. Environmental Factors
4.2.5. Legal Factors
4.3. Supply and Value Chain Assessment
4.4. Regulatory and Policy Environment Review
4.5. Market Investment Attractiveness Index
4.6. Technological Innovation and Advancement Review
4.7. Impact of Geopolitical and Macroeconomic Factors
4.8. Trade Dynamics: Import-Export Assessment (Where Applicable)
5. Global Flexible AC Transmission Systems FACTS Controllers Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
5.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
5.1.1. Voltage Control
5.1.2. Stability Enhancement
5.1.3. Power Flow Control
5.1.4. Dynamic Reactive Power Compensation
5.2. Market Analysis, Insights and Forecast, 2020-2035, By Technology
5.2.1. Static Synchronous Compensator
5.2.2. Static Var Compensator
5.2.3. Thyristor Controlled Series Capacitor
5.2.4. Unified Power Flow Controller
5.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
5.3.1. Utility
5.3.2. Industrial
5.3.3. Commercial
5.4. Market Analysis, Insights and Forecast, 2020-2035, By Component
5.4.1. Control System
5.4.2. Power Electronics
5.4.3. Transformers
5.4.4. Switchgear
5.5. Market Analysis, Insights and Forecast, 2020-2035, By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia-Pacific
5.5.4. Latin America
5.5.5. Middle East and Africa
6. North America Flexible AC Transmission Systems FACTS Controllers Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
6.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
6.1.1. Voltage Control
6.1.2. Stability Enhancement
6.1.3. Power Flow Control
6.1.4. Dynamic Reactive Power Compensation
6.2. Market Analysis, Insights and Forecast, 2020-2035, By Technology
6.2.1. Static Synchronous Compensator
6.2.2. Static Var Compensator
6.2.3. Thyristor Controlled Series Capacitor
6.2.4. Unified Power Flow Controller
6.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
6.3.1. Utility
6.3.2. Industrial
6.3.3. Commercial
6.4. Market Analysis, Insights and Forecast, 2020-2035, By Component
6.4.1. Control System
6.4.2. Power Electronics
6.4.3. Transformers
6.4.4. Switchgear
6.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
6.5.1. United States
6.5.2. Canada
7. Europe Flexible AC Transmission Systems FACTS Controllers Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
7.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
7.1.1. Voltage Control
7.1.2. Stability Enhancement
7.1.3. Power Flow Control
7.1.4. Dynamic Reactive Power Compensation
7.2. Market Analysis, Insights and Forecast, 2020-2035, By Technology
7.2.1. Static Synchronous Compensator
7.2.2. Static Var Compensator
7.2.3. Thyristor Controlled Series Capacitor
7.2.4. Unified Power Flow Controller
7.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
7.3.1. Utility
7.3.2. Industrial
7.3.3. Commercial
7.4. Market Analysis, Insights and Forecast, 2020-2035, By Component
7.4.1. Control System
7.4.2. Power Electronics
7.4.3. Transformers
7.4.4. Switchgear
7.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
7.5.1. Germany
7.5.2. France
7.5.3. United Kingdom
7.5.4. Spain
7.5.5. Italy
7.5.6. Russia
7.5.7. Rest of Europe
8. Asia-Pacific Flexible AC Transmission Systems FACTS Controllers Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
8.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
8.1.1. Voltage Control
8.1.2. Stability Enhancement
8.1.3. Power Flow Control
8.1.4. Dynamic Reactive Power Compensation
8.2. Market Analysis, Insights and Forecast, 2020-2035, By Technology
8.2.1. Static Synchronous Compensator
8.2.2. Static Var Compensator
8.2.3. Thyristor Controlled Series Capacitor
8.2.4. Unified Power Flow Controller
8.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
8.3.1. Utility
8.3.2. Industrial
8.3.3. Commercial
8.4. Market Analysis, Insights and Forecast, 2020-2035, By Component
8.4.1. Control System
8.4.2. Power Electronics
8.4.3. Transformers
8.4.4. Switchgear
8.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
8.5.1. China
8.5.2. India
8.5.3. Japan
8.5.4. South Korea
8.5.5. New Zealand
8.5.6. Singapore
8.5.7. Vietnam
8.5.8. Indonesia
8.5.9. Rest of Asia-Pacific
9. Latin America Flexible AC Transmission Systems FACTS Controllers Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
9.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
9.1.1. Voltage Control
9.1.2. Stability Enhancement
9.1.3. Power Flow Control
9.1.4. Dynamic Reactive Power Compensation
9.2. Market Analysis, Insights and Forecast, 2020-2035, By Technology
9.2.1. Static Synchronous Compensator
9.2.2. Static Var Compensator
9.2.3. Thyristor Controlled Series Capacitor
9.2.4. Unified Power Flow Controller
9.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
9.3.1. Utility
9.3.2. Industrial
9.3.3. Commercial
9.4. Market Analysis, Insights and Forecast, 2020-2035, By Component
9.4.1. Control System
9.4.2. Power Electronics
9.4.3. Transformers
9.4.4. Switchgear
9.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Rest of Latin America
10. Middle East and Africa Flexible AC Transmission Systems FACTS Controllers Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
10.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
10.1.1. Voltage Control
10.1.2. Stability Enhancement
10.1.3. Power Flow Control
10.1.4. Dynamic Reactive Power Compensation
10.2. Market Analysis, Insights and Forecast, 2020-2035, By Technology
10.2.1. Static Synchronous Compensator
10.2.2. Static Var Compensator
10.2.3. Thyristor Controlled Series Capacitor
10.2.4. Unified Power Flow Controller
10.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
10.3.1. Utility
10.3.2. Industrial
10.3.3. Commercial
10.4. Market Analysis, Insights and Forecast, 2020-2035, By Component
10.4.1. Control System
10.4.2. Power Electronics
10.4.3. Transformers
10.4.4. Switchgear
10.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
10.5.1. South Africa
10.5.2. Saudi Arabia
10.5.3. UAE
10.5.4. Rest of Middle East and Africa
11. Competitive Analysis and Company Profiles
11.1. Market Share of Key Players
11.1.1. Global Company Market Share
11.1.2. Regional/Sub-Regional Company Market Share
11.2. Company Profiles
11.2.1. Smart Wires
11.2.1.1. Business Overview
11.2.1.2. Products Offering
11.2.1.3. Financial Insights (Based on Availability)
11.2.1.4. Company Market Share Analysis
11.2.1.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.1.6. Strategy
11.2.1.7. SWOT Analysis
11.2.2. Schneider Electric
11.2.2.1. Business Overview
11.2.2.2. Products Offering
11.2.2.3. Financial Insights (Based on Availability)
11.2.2.4. Company Market Share Analysis
11.2.2.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.2.6. Strategy
11.2.2.7. SWOT Analysis
11.2.3. Alstom
11.2.3.1. Business Overview
11.2.3.2. Products Offering
11.2.3.3. Financial Insights (Based on Availability)
11.2.3.4. Company Market Share Analysis
11.2.3.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.3.6. Strategy
11.2.3.7. SWOT Analysis
11.2.4. Larsen & Toubro
11.2.4.1. Business Overview
11.2.4.2. Products Offering
11.2.4.3. Financial Insights (Based on Availability)
11.2.4.4. Company Market Share Analysis
11.2.4.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.4.6. Strategy
11.2.4.7. SWOT Analysis
11.2.5. Prysmian Group
11.2.5.1. Business Overview
11.2.5.2. Products Offering
11.2.5.3. Financial Insights (Based on Availability)
11.2.5.4. Company Market Share Analysis
11.2.5.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.5.6. Strategy
11.2.5.7. SWOT Analysis
11.2.6. Mitsubishi Heavy Industries
11.2.6.1. Business Overview
11.2.6.2. Products Offering
11.2.6.3. Financial Insights (Based on Availability)
11.2.6.4. Company Market Share Analysis
11.2.6.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.6.6. Strategy
11.2.6.7. SWOT Analysis
11.2.7. General Electric
11.2.7.1. Business Overview
11.2.7.2. Products Offering
11.2.7.3. Financial Insights (Based on Availability)
11.2.7.4. Company Market Share Analysis
11.2.7.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.7.6. Strategy
11.2.7.7. SWOT Analysis
11.2.8. Crompton Greaves
11.2.8.1. Business Overview
11.2.8.2. Products Offering
11.2.8.3. Financial Insights (Based on Availability)
11.2.8.4. Company Market Share Analysis
11.2.8.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.8.6. Strategy
11.2.8.7. SWOT Analysis
11.2.9. Eaton
11.2.9.1. Business Overview
11.2.9.2. Products Offering
11.2.9.3. Financial Insights (Based on Availability)
11.2.9.4. Company Market Share Analysis
11.2.9.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.9.6. Strategy
11.2.9.7. SWOT Analysis
11.2.10. Nexans
11.2.10.1. Business Overview
11.2.10.2. Products Offering
11.2.10.3. Financial Insights (Based on Availability)
11.2.10.4. Company Market Share Analysis
11.2.10.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.10.6. Strategy
11.2.10.7. SWOT Analysis
11.2.11. Siemens
11.2.11.1. Business Overview
11.2.11.2. Products Offering
11.2.11.3. Financial Insights (Based on Availability)
11.2.11.4. Company Market Share Analysis
11.2.11.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.11.6. Strategy
11.2.11.7. SWOT Analysis
11.2.12. Mitsubishi Electric
11.2.12.1. Business Overview
11.2.12.2. Products Offering
11.2.12.3. Financial Insights (Based on Availability)
11.2.12.4. Company Market Share Analysis
11.2.12.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.12.6. Strategy
11.2.12.7. SWOT Analysis
11.2.13. S&C Electric Company
11.2.13.1. Business Overview
11.2.13.2. Products Offering
11.2.13.3. Financial Insights (Based on Availability)
11.2.13.4. Company Market Share Analysis
11.2.13.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.13.6. Strategy
11.2.13.7. SWOT Analysis
11.2.14. ABB
11.2.14.1. Business Overview
11.2.14.2. Products Offering
11.2.14.3. Financial Insights (Based on Availability)
11.2.14.4. Company Market Share Analysis
11.2.14.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.14.6. Strategy
11.2.14.7. SWOT Analysis
11.2.15. Raychem RPG
11.2.15.1. Business Overview
11.2.15.2. Products Offering
11.2.15.3. Financial Insights (Based on Availability)
11.2.15.4. Company Market Share Analysis
11.2.15.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.15.6. Strategy
11.2.15.7. SWOT Analysis

List of Figures

List of Tables

Table 1: Global Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 2: Global Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Technology, 2020-2035

Table 3: Global Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 4: Global Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Component, 2020-2035

Table 5: Global Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Region, 2020-2035

Table 6: North America Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 7: North America Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Technology, 2020-2035

Table 8: North America Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 9: North America Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Component, 2020-2035

Table 10: North America Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Country, 2020-2035

Table 11: Europe Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 12: Europe Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Technology, 2020-2035

Table 13: Europe Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 14: Europe Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Component, 2020-2035

Table 15: Europe Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 16: Asia Pacific Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 17: Asia Pacific Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Technology, 2020-2035

Table 18: Asia Pacific Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 19: Asia Pacific Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Component, 2020-2035

Table 20: Asia Pacific Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 21: Latin America Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 22: Latin America Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Technology, 2020-2035

Table 23: Latin America Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 24: Latin America Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Component, 2020-2035

Table 25: Latin America Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 26: Middle East & Africa Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 27: Middle East & Africa Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Technology, 2020-2035

Table 28: Middle East & Africa Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 29: Middle East & Africa Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Component, 2020-2035

Table 30: Middle East & Africa Flexible AC Transmission Systems FACTS Controllers Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

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