Global Flexible AC Transmission (FACT) Systems Market Research Report 2024

Report ID: 1987997 | Published Date: Apr 2026 | No. of Page: 84 | Base Year: 2025 | Rating: 4.9
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1 Report Overview
    1.1 Study Scope
    1.2 Market Analysis by Type
        1.2.1 Global Flexible AC Transmission (FACT) Systems Market Size Growth Rate by Type: 2017 VS 2021 VS 2028
        1.2.2 Shunt Compensation
        1.2.3 Series Compensation
        1.2.4 Others
    1.3 Market by Application
        1.3.1 Global Flexible AC Transmission (FACT) Systems Market Share by Application: 2017 VS 2021 VS 2028
        1.3.2 Metal Industry
        1.3.3 Railway
        1.3.4 Mining
        1.3.5 Utilities
        1.3.6 Others
    1.4 Study Objectives
    1.5 Years Considered
2 Global Growth Trends
    2.1 Global Flexible AC Transmission (FACT) Systems Market Perspective (2017-2028)
    2.2 Flexible AC Transmission (FACT) Systems Growth Trends by Region
        2.2.1 Flexible AC Transmission (FACT) Systems Market Size by Region: 2017 VS 2021 VS 2028
        2.2.2 Flexible AC Transmission (FACT) Systems Historic Market Size by Region (2017-2022)
        2.2.3 Flexible AC Transmission (FACT) Systems Forecasted Market Size by Region (2023-2028)
    2.3 Flexible AC Transmission (FACT) Systems Market Dynamics
        2.3.1 Flexible AC Transmission (FACT) Systems Industry Trends
        2.3.2 Flexible AC Transmission (FACT) Systems Market Drivers
        2.3.3 Flexible AC Transmission (FACT) Systems Market Challenges
        2.3.4 Flexible AC Transmission (FACT) Systems Market Restraints
3 Competition Landscape by Key Players
    3.1 Global Top Flexible AC Transmission (FACT) Systems Players by Revenue
        3.1.1 Global Top Flexible AC Transmission (FACT) Systems Players by Revenue (2017-2022)
        3.1.2 Global Flexible AC Transmission (FACT) Systems Revenue Market Share by Players (2017-2022)
    3.2 Global Flexible AC Transmission (FACT) Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    3.3 Players Covered: Ranking by Flexible AC Transmission (FACT) Systems Revenue
    3.4 Global Flexible AC Transmission (FACT) Systems Market Concentration Ratio
        3.4.1 Global Flexible AC Transmission (FACT) Systems Market Concentration Ratio (CR5 and HHI)
        3.4.2 Global Top 10 and Top 5 Companies by Flexible AC Transmission (FACT) Systems Revenue in 2021
    3.5 Flexible AC Transmission (FACT) Systems Key Players Head office and Area Served
    3.6 Key Players Flexible AC Transmission (FACT) Systems Product Solution and Service
    3.7 Date of Enter into Flexible AC Transmission (FACT) Systems Market
    3.8 Mergers & Acquisitions, Expansion Plans
4 Flexible AC Transmission (FACT) Systems Breakdown Data by Type
    4.1 Global Flexible AC Transmission (FACT) Systems Historic Market Size by Type (2017-2022)
    4.2 Global Flexible AC Transmission (FACT) Systems Forecasted Market Size by Type (2023-2028)
5 Flexible AC Transmission (FACT) Systems Breakdown Data by Application
    5.1 Global Flexible AC Transmission (FACT) Systems Historic Market Size by Application (2017-2022)
    5.2 Global Flexible AC Transmission (FACT) Systems Forecasted Market Size by Application (2023-2028)
6 North America
    6.1 North America Flexible AC Transmission (FACT) Systems Market Size (2017-2028)
    6.2 North America Flexible AC Transmission (FACT) Systems Market Size by Country (2017-2022)
    6.3 North America Flexible AC Transmission (FACT) Systems Market Size by Country (2023-2028)
    6.4 United States
    6.5 Canada
7 Europe
    7.1 Europe Flexible AC Transmission (FACT) Systems Market Size (2017-2028)
    7.2 Europe Flexible AC Transmission (FACT) Systems Market Size by Country (2017-2022)
    7.3 Europe Flexible AC Transmission (FACT) Systems Market Size by Country (2023-2028)
    7.4 Germany
    7.5 France
    7.6 U.K.
    7.7 Italy
    7.8 Russia
    7.9 Nordic Countries
8 Asia-Pacific
    8.1 Asia-Pacific Flexible AC Transmission (FACT) Systems Market Size (2017-2028)
    8.2 Asia-Pacific Flexible AC Transmission (FACT) Systems Market Size by Country (2017-2022)
    8.3 Asia-Pacific Flexible AC Transmission (FACT) Systems Market Size by Country (2023-2028)
    8.4 China
    8.5 Japan
    8.6 South Korea
    8.7 Southeast Asia
    8.8 India
    8.9 Australia
9 Latin America
    9.1 Latin America Flexible AC Transmission (FACT) Systems Market Size (2017-2028)
    9.2 Latin America Flexible AC Transmission (FACT) Systems Market Size by Country (2017-2022)
    9.3 Latin America Flexible AC Transmission (FACT) Systems Market Size by Country (2023-2028)
    9.4 Mexico
    9.5 Brazil
10 Middle East & Africa
    10.1 Middle East & Africa Flexible AC Transmission (FACT) Systems Market Size (2017-2028)
    10.2 Middle East & Africa Flexible AC Transmission (FACT) Systems Market Size by Country (2017-2022)
    10.3 Middle East & Africa Flexible AC Transmission (FACT) Systems Market Size by Country (2023-2028)
    10.4 Turkey
    10.5 Saudi Arabia
    10.6 UAE
11 Key Players Profiles
    11.1 ABB
        11.1.1 ABB Company Detail
        11.1.2 ABB Business Overview
        11.1.3 ABB Flexible AC Transmission (FACT) Systems Introduction
        11.1.4 ABB Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022)
        11.1.5 ABB Recent Development
    11.2 Siemens
        11.2.1 Siemens Company Detail
        11.2.2 Siemens Business Overview
        11.2.3 Siemens Flexible AC Transmission (FACT) Systems Introduction
        11.2.4 Siemens Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022)
        11.2.5 Siemens Recent Development
    11.3 RXPE
        11.3.1 RXPE Company Detail
        11.3.2 RXPE Business Overview
        11.3.3 RXPE Flexible AC Transmission (FACT) Systems Introduction
        11.3.4 RXPE Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022)
        11.3.5 RXPE Recent Development
    11.4 Sieyuan Electric
        11.4.1 Sieyuan Electric Company Detail
        11.4.2 Sieyuan Electric Business Overview
        11.4.3 Sieyuan Electric Flexible AC Transmission (FACT) Systems Introduction
        11.4.4 Sieyuan Electric Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022)
        11.4.5 Sieyuan Electric Recent Development
    11.5 Mitsubishi Electric
        11.5.1 Mitsubishi Electric Company Detail
        11.5.2 Mitsubishi Electric Business Overview
        11.5.3 Mitsubishi Electric Flexible AC Transmission (FACT) Systems Introduction
        11.5.4 Mitsubishi Electric Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022)
        11.5.5 Mitsubishi Electric Recent Development
    11.6 GE
        11.6.1 GE Company Detail
        11.6.2 GE Business Overview
        11.6.3 GE Flexible AC Transmission (FACT) Systems Introduction
        11.6.4 GE Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022)
        11.6.5 GE Recent Development
    11.7 Toshiba
        11.7.1 Toshiba Company Detail
        11.7.2 Toshiba Business Overview
        11.7.3 Toshiba Flexible AC Transmission (FACT) Systems Introduction
        11.7.4 Toshiba Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022)
        11.7.5 Toshiba Recent Development
    11.8 AMSC
        11.8.1 AMSC Company Detail
        11.8.2 AMSC Business Overview
        11.8.3 AMSC Flexible AC Transmission (FACT) Systems Introduction
        11.8.4 AMSC Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022)
        11.8.5 AMSC Recent Development
    11.9 Hyosung
        11.9.1 Hyosung Company Detail
        11.9.2 Hyosung Business Overview
        11.9.3 Hyosung Flexible AC Transmission (FACT) Systems Introduction
        11.9.4 Hyosung Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022)
        11.9.5 Hyosung Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
    13.1 Research Methodology
        13.1.1 Methodology/Research Approach
        13.1.2 Data Source
    13.2 Disclaimer
    13.3 Author Details

List of Tables
    Table 1. Global Flexible AC Transmission (FACT) Systems Market Size Growth Rate by Type (US$ Million): 2017 VS 2021 VS 2028
    Table 2. Key Players of Shunt Compensation
    Table 3. Key Players of Series Compensation
    Table 4. Key Players of Others
    Table 5. Global Flexible AC Transmission (FACT) Systems Market Size Growth by Application (US$ Million): 2017 VS 2021 VS 2028
    Table 6. Global Flexible AC Transmission (FACT) Systems Market Size by Region (US$ Million): 2017 VS 2021 VS 2028
    Table 7. Global Flexible AC Transmission (FACT) Systems Market Size by Region (2017-2022) & (US$ Million)
    Table 8. Global Flexible AC Transmission (FACT) Systems Market Share by Region (2017-2022)
    Table 9. Global Flexible AC Transmission (FACT) Systems Forecasted Market Size by Region (2023-2028) & (US$ Million)
    Table 10. Global Flexible AC Transmission (FACT) Systems Market Share by Region (2023-2028)
    Table 11. Flexible AC Transmission (FACT) Systems Market Trends
    Table 12. Flexible AC Transmission (FACT) Systems Market Drivers
    Table 13. Flexible AC Transmission (FACT) Systems Market Challenges
    Table 14. Flexible AC Transmission (FACT) Systems Market Restraints
    Table 15. Global Flexible AC Transmission (FACT) Systems Revenue by Players (2017-2022) & (US$ Million)
    Table 16. Global Flexible AC Transmission (FACT) Systems Market Share by Players (2017-2022)
    Table 17. Global Top Flexible AC Transmission (FACT) Systems Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Flexible AC Transmission (FACT) Systems as of 2021)
    Table 18. Ranking of Global Top Flexible AC Transmission (FACT) Systems Companies by Revenue (US$ Million) in 2021
    Table 19. Global 5 Largest Players Market Share by Flexible AC Transmission (FACT) Systems Revenue (CR5 and HHI) & (2017-2022)
    Table 20. Key Players Headquarters and Area Served
    Table 21. Key Players Flexible AC Transmission (FACT) Systems Product Solution and Service
    Table 22. Date of Enter into Flexible AC Transmission (FACT) Systems Market
    Table 23. Mergers & Acquisitions, Expansion Plans
    Table 24. Global Flexible AC Transmission (FACT) Systems Market Size by Type (2017-2022) & (US$ Million)
    Table 25. Global Flexible AC Transmission (FACT) Systems Revenue Market Share by Type (2017-2022)
    Table 26. Global Flexible AC Transmission (FACT) Systems Forecasted Market Size by Type (2023-2028) & (US$ Million)
    Table 27. Global Flexible AC Transmission (FACT) Systems Revenue Market Share by Type (2023-2028)
    Table 28. Global Flexible AC Transmission (FACT) Systems Market Size by Application (2017-2022) & (US$ Million)
    Table 29. Global Flexible AC Transmission (FACT) Systems Revenue Market Share by Application (2017-2022)
    Table 30. Global Flexible AC Transmission (FACT) Systems Forecasted Market Size by Application (2023-2028) & (US$ Million)
    Table 31. Global Flexible AC Transmission (FACT) Systems Revenue Market Share by Application (2023-2028)
    Table 32. North America Flexible AC Transmission (FACT) Systems Market Size by Country (2017-2022) & (US$ Million)
    Table 33. North America Flexible AC Transmission (FACT) Systems Market Size by Country (2023-2028) & (US$ Million)
    Table 34. Europe Flexible AC Transmission (FACT) Systems Market Size by Country (2017-2022) & (US$ Million)
    Table 35. Europe Flexible AC Transmission (FACT) Systems Market Size by Country (2023-2028) & (US$ Million)
    Table 36. Asia-Pacific Flexible AC Transmission (FACT) Systems Market Size by Region (2017-2022) & (US$ Million)
    Table 37. Asia-Pacific Flexible AC Transmission (FACT) Systems Market Size by Region (2023-2028) & (US$ Million)
    Table 38. Latin America Flexible AC Transmission (FACT) Systems Market Size by Country (2017-2022) & (US$ Million)
    Table 39. Latin America Flexible AC Transmission (FACT) Systems Market Size by Country (2023-2028) & (US$ Million)
    Table 40. Middle East & Africa Flexible AC Transmission (FACT) Systems Market Size by Country (2017-2022) & (US$ Million)
    Table 41. Middle East & Africa Flexible AC Transmission (FACT) Systems Market Size by Country (2023-2028) & (US$ Million)
    Table 42. ABB Company Detail
    Table 43. ABB Business Overview
    Table 44. ABB Flexible AC Transmission (FACT) Systems Product
    Table 45. ABB Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022) & (US$ Million)
    Table 46. ABB Recent Development
    Table 47. Siemens Company Detail
    Table 48. Siemens Business Overview
    Table 49. Siemens Flexible AC Transmission (FACT) Systems Product
    Table 50. Siemens Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022) & (US$ Million)
    Table 51. Siemens Recent Development
    Table 52. RXPE Company Detail
    Table 53. RXPE Business Overview
    Table 54. RXPE Flexible AC Transmission (FACT) Systems Product
    Table 55. RXPE Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022) & (US$ Million)
    Table 56. RXPE Recent Development
    Table 57. Sieyuan Electric Company Detail
    Table 58. Sieyuan Electric Business Overview
    Table 59. Sieyuan Electric Flexible AC Transmission (FACT) Systems Product
    Table 60. Sieyuan Electric Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022) & (US$ Million)
    Table 61. Sieyuan Electric Recent Development
    Table 62. Mitsubishi Electric Company Detail
    Table 63. Mitsubishi Electric Business Overview
    Table 64. Mitsubishi Electric Flexible AC Transmission (FACT) Systems Product
    Table 65. Mitsubishi Electric Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022) & (US$ Million)
    Table 66. Mitsubishi Electric Recent Development
    Table 67. GE Company Detail
    Table 68. GE Business Overview
    Table 69. GE Flexible AC Transmission (FACT) Systems Product
    Table 70. GE Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022) & (US$ Million)
    Table 71. GE Recent Development
    Table 72. Toshiba Company Detail
    Table 73. Toshiba Business Overview
    Table 74. Toshiba Flexible AC Transmission (FACT) Systems Product
    Table 75. Toshiba Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022) & (US$ Million)
    Table 76. Toshiba Recent Development
    Table 77. AMSC Company Detail
    Table 78. AMSC Business Overview
    Table 79. AMSC Flexible AC Transmission (FACT) Systems Product
    Table 80. AMSC Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022) & (US$ Million)
    Table 81. AMSC Recent Development
    Table 82. Hyosung Company Detail
    Table 83. Hyosung Business Overview
    Table 84. Hyosung Flexible AC Transmission (FACT) Systems Product
    Table 85. Hyosung Revenue in Flexible AC Transmission (FACT) Systems Business (2017-2022) & (US$ Million)
    Table 86. Hyosung Recent Development
    Table 87. Research Programs/Design for This Report
    Table 88. Key Data Information from Secondary Sources
    Table 89. Key Data Information from Primary Sources
List of Figures
    Figure 1. Global Flexible AC Transmission (FACT) Systems Market Share by Type: 2021 VS 2028
    Figure 2. Shunt Compensation Features
    Figure 3. Series Compensation Features
    Figure 4. Others Features
    Figure 5. Global Flexible AC Transmission (FACT) Systems Market Share by Application in 2021 & 2028
    Figure 6. Metal Industry Case Studies
    Figure 7. Railway Case Studies
    Figure 8. Mining Case Studies
    Figure 9. Utilities Case Studies
    Figure 10. Others Case Studies
    Figure 11. Flexible AC Transmission (FACT) Systems Report Years Considered
    Figure 12. Global Flexible AC Transmission (FACT) Systems Market Size (US$ Million), Year-over-Year: 2017-2028
    Figure 13. Global Flexible AC Transmission (FACT) Systems Market Size, (US$ Million), 2017 VS 2021 VS 2028
    Figure 14. Global Flexible AC Transmission (FACT) Systems Market Share by Region: 2021 VS 2028
    Figure 15. Global Flexible AC Transmission (FACT) Systems Market Share by Players in 2021
    Figure 16. Global Top Flexible AC Transmission (FACT) Systems Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Flexible AC Transmission (FACT) Systems as of 2021)
    Figure 17. The Top 10 and 5 Players Market Share by Flexible AC Transmission (FACT) Systems Revenue in 2021
    Figure 18. North America Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 19. North America Flexible AC Transmission (FACT) Systems Market Share by Country (2017-2028)
    Figure 20. United States Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 21. Canada Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 22. Europe Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 23. Europe Flexible AC Transmission (FACT) Systems Market Share by Country (2017-2028)
    Figure 24. Germany Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 25. France Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 26. U.K. Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 27. Italy Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 28. Russia Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 29. Nordic Countries Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 30. Asia-Pacific Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 31. Asia-Pacific Flexible AC Transmission (FACT) Systems Market Share by Region (2017-2028)
    Figure 32. China Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 33. Japan Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 34. South Korea Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 35. Southeast Asia Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 36. India Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 37. Australia Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 38. Latin America Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 39. Latin America Flexible AC Transmission (FACT) Systems Market Share by Country (2017-2028)
    Figure 40. Mexico Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 41. Brazil Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 42. Middle East & Africa Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 43. Middle East & Africa Flexible AC Transmission (FACT) Systems Market Share by Country (2017-2028)
    Figure 44. Turkey Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 45. Saudi Arabia Flexible AC Transmission (FACT) Systems Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 46. ABB Revenue Growth Rate in Flexible AC Transmission (FACT) Systems Business (2017-2022)
    Figure 47. Siemens Revenue Growth Rate in Flexible AC Transmission (FACT) Systems Business (2017-2022)
    Figure 48. RXPE Revenue Growth Rate in Flexible AC Transmission (FACT) Systems Business (2017-2022)
    Figure 49. Sieyuan Electric Revenue Growth Rate in Flexible AC Transmission (FACT) Systems Business (2017-2022)
    Figure 50. Mitsubishi Electric Revenue Growth Rate in Flexible AC Transmission (FACT) Systems Business (2017-2022)
    Figure 51. GE Revenue Growth Rate in Flexible AC Transmission (FACT) Systems Business (2017-2022)
    Figure 52. Toshiba Revenue Growth Rate in Flexible AC Transmission (FACT) Systems Business (2017-2022)
    Figure 53. AMSC Revenue Growth Rate in Flexible AC Transmission (FACT) Systems Business (2017-2022)
    Figure 54. Hyosung Revenue Growth Rate in Flexible AC Transmission (FACT) Systems Business (2017-2022)
    Figure 55. Bottom-up and Top-down Approaches for This Report
    Figure 56. Data Triangulation
    Figure 57. Key Executives Interviewed
Please ask for List of Figures. Request Sample Report
Companies Included in Reports:
ABB
Siemens
RXPE
Sieyuan Electric
Mitsubishi Electric
GE
Toshiba
AMSC
Hyosung
Frequently Asked Questions
Flexible AC Transmission (FACT) Systems report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Flexible AC Transmission (FACT) Systems report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Flexible AC Transmission (FACT) Systems report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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