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Flexible AC Transmission Systems (FACTS)

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.

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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.

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Market Structure

Global Flexible AC Transmission Systems (FACTS) Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032

21 December 2025181 pages

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Industry ResearchFlexible AC Transmission Systems (FACTS) Industry Research Report 2026111 pages · $2,950 USDIndustry Growth & TrendsGlobal Flexible AC Transmission Systems (FACTS) Industry Growth and Trends Forecast to 203289 pages · $3,450 USDMarket StructureGlobal Flexible AC Transmission Systems (FACTS) Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032181 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal Flexible AC Transmission Systems (FACTS) Market Outlook and Growth Opportunities 2026197 pages · $4,250 USDMarket Analysis & ForecastGlobal Flexible AC Transmission Systems (FACTS) Market Analysis and Forecast 2026-2032192 pages · $4,950 USD

Market perspective

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.

Read the full market overview

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%.

Report Includes

This report provides an overview of the global Flexible AC Transmission Systems (FACTS) market and its size, analyzing global market trends based on historical revenue data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.

The study covers key producers of Flexible AC Transmission Systems (FACTS) and revenue in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.

The report also presents Flexible AC Transmission Systems (FACTS) revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.

In addition, the report analyzes segment data by Type and Application—covering revenue and growth rates—for 2021-2032, and evaluates and forecasts the Flexible AC Transmission Systems (FACTS) market size, projected growth trends, production technologies, key applications, and end-use industries.

Flexible AC Transmission Systems (FACTS) Segment by Company

ABB

Siemens

RXPE

Sieyuan Electric

Mitsubishi Electric

GE

Toshiba

AMSC

Hyosung

Flexible AC Transmission Systems (FACTS) Segment by Type

Shunt Compensation

Series Compensation

Others

Flexible AC Transmission Systems (FACTS) Segment by Application

Metal Industry

Utilities

Railway

Mining

Other

Flexible AC Transmission Systems (FACTS) Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify significant trends, drivers, influence factors in global and regions.

6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Flexible AC Transmission Systems (FACTS) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Flexible AC Transmission Systems (FACTS) and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Flexible AC Transmission Systems (FACTS).

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. Revenue of Flexible AC Transmission Systems (FACTS) in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Flexible AC Transmission Systems (FACTS) industry.

Chapter 3: Detailed analysis of Flexible AC Transmission Systems (FACTS) companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Flexible AC Transmission Systems (FACTS)revenue, gross margin, and recent development, etc.

Chapter 7: North America (US & Canada) by type, by application and by country, revenue for each segment.

Chapter 8: Europe by type, by application and by country, revenue for each segment.

Chapter 9: China by type, and by application, revenue for each segment.

Chapter 10: Asia (excluding China) by type, by application and by region, revenue for each segment.

Chapter 11: South America, Middle East & Africa by type, by application and by country, revenue for each segment.

Chapter 12: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Global Flexible AC Transmission Systems (FACTS) Market Size Growth Rate by Type (US$ Million): 2021 VS 2025 VS 2032 Table 2. Key Players of Shunt Compensation Table 3. Key Players of Series Compensation Table 4. Key Players of Others Table 4. Global Flexible AC Transmission Systems (FACTS) Market Size Growth Rate by Application (US$ Million): 2021 VS 2025 VS 2032 Table 5. Key Players of Metal Industry Table 6. Key Players of Utilities Table 7. Key Players of Railway Table 8. Key Players of Mining Table 9. Key Players of Other Table 10. Global Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Region (US$ Million): 2021 VS 2025 VS 2032 Table 11. Global Flexible AC Transmission Systems (FACTS) Market Size by Region (2021-2026) & (US$ Million) Table 12. Global Flexible AC Transmission Systems (FACTS) Market Share by Region (2021-2026) Table 13. Global Flexible AC Transmission Systems (FACTS) Market Size by Region (2027-2032) & (US$ Million) Table 14. Global Flexible AC Transmission Systems (FACTS) Market Share by Region (2027-2032) Table 15. Flexible AC Transmission Systems (FACTS) Industry Trends Table 16. Flexible AC Transmission Systems (FACTS) Industry Drivers Table 17. Flexible AC Transmission Systems (FACTS) Industry Opportunities and Challenges Table 18. Flexible AC Transmission Systems (FACTS) Industry Restraints Table 19. Global Flexible AC Transmission Systems (FACTS) Revenue by Company (US$ Million) & (2021-2026) Table 20. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Company (2021-2026) Table 21. Global Flexible AC Transmission Systems (FACTS) Players Revenue Ranking, 2024 VS 2025 VS 2026 Table 22. Global Flexible AC Transmission Systems (FACTS) Key Company Head Office and Area Served Table 23. Global Flexible AC Transmission Systems (FACTS) Company, Product Type & Application Table 24. Global Flexible AC Transmission Systems (FACTS) Company Establishment Date Table 25. Global Company Market Concentration Ratio (CR5 and HHI) Table 26. Global Flexible AC Transmission Systems (FACTS) by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue of 2025) Table 27. Global Flexible AC Transmission Systems (FACTS) Market Size by Type 2021 VS 2025 VS 2032 (US$ Million) Table 28. Global Flexible AC Transmission Systems (FACTS) Market Size by Type (2021-2026) & (US$ Million) Table 29. Global Flexible AC Transmission Systems (FACTS) Market Size by Type (2027-2032) & (US$ Million) Table 30. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Type (2021-2026) Table 31. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Type (2027-2032) Table 32. Global Flexible AC Transmission Systems (FACTS) Market Size by Application 2021 VS 2025 VS 2032 (US$ Million) Table 33. Global Flexible AC Transmission Systems (FACTS) Market Size by Application (2021-2026) & (US$ Million) Table 34. Global Flexible AC Transmission Systems (FACTS) Market Size by Application (2027-2032) & (US$ Million) Table 35. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Application (2021-2026) Table 36. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Application (2027-2032) Table 37. ABB Company Information Table 38. ABB Business Overview Table 39. ABB Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 40. ABB Flexible AC Transmission Systems (FACTS) Product Portfolio Table 41. ABB Recent Development Table 42. Siemens Company Information Table 43. Siemens Business Overview Table 44. Siemens Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 45. Siemens Flexible AC Transmission Systems (FACTS) Product Portfolio Table 46. Siemens Recent Development Table 47. RXPE Company Information Table 48. RXPE Business Overview Table 49. RXPE Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 50. RXPE Flexible AC Transmission Systems (FACTS) Product Portfolio Table 51. RXPE Recent Development Table 52. Sieyuan Electric Company Information Table 53. Sieyuan Electric Business Overview Table 54. Sieyuan Electric Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 55. Sieyuan Electric Flexible AC Transmission Systems (FACTS) Product Portfolio Table 56. Sieyuan Electric Recent Development Table 57. Mitsubishi Electric Company Information Table 58. Mitsubishi Electric Business Overview Table 59. Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 60. Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Product Portfolio Table 61. Mitsubishi Electric Recent Development Table 62. GE Company Information Table 63. GE Business Overview Table 64. GE Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 65. GE Flexible AC Transmission Systems (FACTS) Product Portfolio Table 66. GE Recent Development Table 67. Toshiba Company Information Table 68. Toshiba Business Overview Table 69. Toshiba Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 70. Toshiba Flexible AC Transmission Systems (FACTS) Product Portfolio Table 71. Toshiba Recent Development Table 72. AMSC Company Information Table 73. AMSC Business Overview Table 74. AMSC Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 75. AMSC Flexible AC Transmission Systems (FACTS) Product Portfolio Table 76. AMSC Recent Development Table 77. Hyosung Company Information Table 78. Hyosung Business Overview Table 79. Hyosung Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 80. Hyosung Flexible AC Transmission Systems (FACTS) Product Portfolio Table 81. Hyosung Recent Development Table 82. North America Flexible AC Transmission Systems (FACTS) Market Size by Type (2021-2026) & (US$ Million) Table 83. North America Flexible AC Transmission Systems (FACTS) Market Size by Type (2027-2032) & (US$ Million) Table 84. North America Flexible AC Transmission Systems (FACTS) Market Size by Application (2021-2026) & (US$ Million) Table 85. North America Flexible AC Transmission Systems (FACTS) Market Size by Application (2027-2032) & (US$ Million) Table 86. North America Flexible AC Transmission Systems (FACTS) Market Size by Country (2021 VS 2025 VS 2032) & (US$ Million) Table 87. North America Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026) Table 88. North America Flexible AC Transmission Systems (FACTS) Market Size by Country (2027-2032) Table 89. Europe Flexible AC Transmission Systems (FACTS) Market Size by Type (2021-2026) & (US$ Million) Table 90. Europe Flexible AC Transmission Systems (FACTS) Market Size by Type (2027-2032) & (US$ Million) Table 91. Europe Flexible AC Transmission Systems (FACTS) Market Size by Application (2021-2026) & (US$ Million) Table 92. Europe Flexible AC Transmission Systems (FACTS) Market Size by Application (2027-2032) & (US$ Million) Table 93. Europe Flexible AC Transmission Systems (FACTS) Market Size by Country (2021 VS 2025 VS 2032) & (US$ Million) Table 94. Europe Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026) Table 95. Europe Flexible AC Transmission Systems (FACTS) Market Size by Country (2027-2032) Table 96. China Flexible AC Transmission Systems (FACTS) Market Size by Type (2021-2026) & (US$ Million) Table 97. China Flexible AC Transmission Systems (FACTS) Market Size by Type (2027-2032) & (US$ Million) Table 98. China Flexible AC Transmission Systems (FACTS) Market Size by Application (2021-2026) & (US$ Million) Table 99. China Flexible AC Transmission Systems (FACTS) Market Size by Application (2027-2032) & (US$ Million) Table 100. Asia Flexible AC Transmission Systems (FACTS) Market Size by Type (2021-2026) & (US$ Million) Table 101. Asia Flexible AC Transmission Systems (FACTS) Market Size by Type (2027-2032) & (US$ Million) Table 102. Asia Flexible AC Transmission Systems (FACTS) Market Size by Application (2021-2026) & (US$ Million) Table 103. Asia Flexible AC Transmission Systems (FACTS) Market Size by Application (2027-2032) & (US$ Million) Table 104. Asia Flexible AC Transmission Systems (FACTS) Market Size by Country (2021 VS 2025 VS 2032) & (US$ Million) Table 105. Asia Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026) Table 106. Asia Flexible AC Transmission Systems (FACTS) Market Size by Country (2027-2032) Table 107. South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Type (2021-2026) & (US$ Million) Table 108. South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Type (2027-2032) & (US$ Million) Table 109. South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Application (2021-2026) & (US$ Million) Table 110. South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Application (2027-2032) & (US$ Million) Table 111. South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Country (2021 VS 2025 VS 2032) & (US$ Million) Table 112. South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026) Table 113. South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Country (2027-2032) Table 114. Research Programs/Design for This Report Table 115. Authors List of This Report Table 116. Secondary Sources Table 117. Primary Sources List of Figures Figure 1. Flexible AC Transmission Systems (FACTS) Product Image Figure 2. Global Flexible AC Transmission Systems (FACTS) Market Size Growth Rate by Type, 2021 VS 2025 VS 2032 (US$ Million) Figure 3. Global Flexible AC Transmission Systems (FACTS) Market Share by Type: 2025 VS 2032 Figure 4. Shunt Compensation Image Figure 5. Series Compensation Image Figure 6. Others Image Figure 7. Global Flexible AC Transmission Systems (FACTS) Market Size Growth Rate by Application, 2021 VS 2025 VS 2032 (US$ Million) Figure 8. Global Flexible AC Transmission Systems (FACTS) Market Share by Application: 2025 VS 2032 Figure 9. Metal Industry Image Figure 10. Utilities Image Figure 11. Railway Image Figure 12. Mining Image Figure 13. Other Image Figure 14. Global Flexible AC Transmission Systems (FACTS) Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 15. Global Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 16. Global Flexible AC Transmission Systems (FACTS) Market Share by Region: 2025 VS 2032 Figure 17. Years Considered Figure 18. Global Flexible AC Transmission Systems (FACTS) Market Share by Players in 2025 Figure 19. Global Top 5 and 10 Flexible AC Transmission Systems (FACTS) Players Market Share by Revenue in 2025 Figure 20. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 21. Global Flexible AC Transmission Systems (FACTS) Market Size by Type (2021 VS 2025 VS 2032) & (US$ Million) Figure 22. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Type (2021-2032) Figure 23. Global Flexible AC Transmission Systems (FACTS) Market Size by Application (2021 VS 2025 VS 2032) & (US$ Million) Figure 24. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Application (2021-2032) Figure 25. North America Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 26. North America Flexible AC Transmission Systems (FACTS) Market Share by Type (2021-2032) Figure 27. North America Flexible AC Transmission Systems (FACTS) Market Share by Application (2021-2032) Figure 28. North America Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2032) Figure 29. United States Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 30. Canada Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 31. Mexico Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 32. Europe Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 33. Europe Flexible AC Transmission Systems (FACTS) Market Share by Type (2021-2032) Figure 34. Europe Flexible AC Transmission Systems (FACTS) Market Share by Application (2021-2032) Figure 35. Europe Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2032) Figure 36. Germany Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 37. France Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 38. U.K. Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 39. Italy Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 40. Russia Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 41. Nordic Countries Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 42. China Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 43. China Flexible AC Transmission Systems (FACTS) Market Share by Type (2021-2032) Figure 44. China Flexible AC Transmission Systems (FACTS) Market Share by Application (2021-2032) Figure 45. Asia Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 46. Asia Flexible AC Transmission Systems (FACTS) Market Share by Type (2021-2032) Figure 47. Asia Flexible AC Transmission Systems (FACTS) Market Share by Application (2021-2032) Figure 48. Asia Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2032) Figure 49. Japan Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 50. South Korea Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 51. Taiwan Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 52. Southeast Asia Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 53. India Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 54. Australia Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 55. South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 56. South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Share by Type (2021-2032) Figure 57. South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Share by Application (2021-2032) Figure 58. South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2032) Figure 59. Brazil Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 60. South Africa Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 61. Saudi Arabia Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 62. Turkey Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 63. Argentina Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 64. UAE Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 65. Egypt Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 66. Chile Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 67. Research Process Figure 68. Key Executives Interviewed

Scope & coverage.

Types
  • Shunt Compensation
  • Series Compensation
  • Others
Applications
  • Metal Industry
  • Utilities
  • Railway
  • Mining
  • Other
Companies covered
  • ABB
  • Siemens
  • RXPE
  • Sieyuan Electric
  • Mitsubishi Electric
  • GE
  • Toshiba
  • AMSC
  • Hyosung

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Market Analysis by Type
  3. 1.2.1 Global Flexible AC Transmission Systems (FACTS) Market Size Growth Rate by Type: 2021 VS 2025 VS 2032
  4. 1.2.2 Shunt Compensation
  5. 1.2.3 Series Compensation
  6. 1.2.4 Others
  7. 1.3 Market Analysis by Application
  8. 1.3.1 Global Flexible AC Transmission Systems (FACTS) Market Size Growth Rate by Application: 2021 VS 2025 VS 2032
  9. 1.3.2 Metal Industry
  10. 1.3.3 Utilities
  11. 1.3.4 Railway
  12. 1.3.5 Mining
  13. 1.3.6 Other
  14. 1.4 Global Market Growth Prospects
  15. 1.5 Global Flexible AC Transmission Systems (FACTS) Growth Trends by Region
  16. 1.5.1 Global Flexible AC Transmission Systems (FACTS) Market Size by Region: 2021 VS 2025 VS 2032
  17. 1.5.2 Flexible AC Transmission Systems (FACTS) Market Size by Region (2021-2026)
  18. 1.5.3 Flexible AC Transmission Systems (FACTS) Market Size by Region (2027-2032)
  19. 1.6 Assumptions and Limitations
  20. 1.7 Study Goals and Objectives
  21. 1.8 Years Considered
2 Global Flexible AC Transmission Systems (FACTS) Market Dynamics
  1. 2.1 Flexible AC Transmission Systems (FACTS) Industry Trends
  2. 2.2 Flexible AC Transmission Systems (FACTS) Industry Drivers
  3. 2.3 Flexible AC Transmission Systems (FACTS) Industry Opportunities and Challenges
  4. 2.4 Flexible AC Transmission Systems (FACTS) Industry Restraints
3 Competitive Landscape by Company
  1. 3.1 Global Flexible AC Transmission Systems (FACTS) Revenue by Company (2021-2026)
  2. 3.2 Global Flexible AC Transmission Systems (FACTS) Players Revenue Ranking, 2024 VS 2025 VS 2026
  3. 3.3 Global Flexible AC Transmission Systems (FACTS) Key Company Head office and Area Served
  4. 3.4 Global Flexible AC Transmission Systems (FACTS) Company, Product Type & Application
  5. 3.5 Global Flexible AC Transmission Systems (FACTS) Company Establishment Date
  6. 3.6 Market Competitive Analysis
  7. 3.6.1 Global Flexible AC Transmission Systems (FACTS) Market CR5 and HHI
  8. 3.6.2 Global Top 5 and 10 Flexible AC Transmission Systems (FACTS) Players Market Share by Revenue in 2025
  9. 3.6.3 2025 Flexible AC Transmission Systems (FACTS) Tier 1, Tier 2, and Tier 3
4 Flexible AC Transmission Systems (FACTS) Market by Type
  1. 4.1 Global Flexible AC Transmission Systems (FACTS) Market Size by Type (2021 VS 2025 VS 2032)
  2. 4.2 Global Flexible AC Transmission Systems (FACTS) Market Size by Type (2021-2032)
  3. 4.3 Global Flexible AC Transmission Systems (FACTS) Market Size Share by Type (2021-2032)
5 Flexible AC Transmission Systems (FACTS) Market by Application
  1. 5.1 Global Flexible AC Transmission Systems (FACTS) Market Size by Application (2021 VS 2025 VS 2032)
  2. 5.2 Global Flexible AC Transmission Systems (FACTS) Market Size by Application (2021-2032)
  3. 5.3 Global Flexible AC Transmission Systems (FACTS) Market Size Share by Application (2021-2032)
6 Company Profiles
  1. 6.1 ABB
  2. 6.1.1 ABB Company Information
  3. 6.1.2 ABB Business Overview
  4. 6.1.3 ABB Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026)
  5. 6.1.4 ABB Flexible AC Transmission Systems (FACTS) Product Portfolio
  6. 6.1.5 ABB Recent Developments
  7. 6.2 Siemens
  8. 6.2.1 Siemens Company Information
  9. 6.2.2 Siemens Business Overview
  10. 6.2.3 Siemens Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026)
  11. 6.2.4 Siemens Flexible AC Transmission Systems (FACTS) Product Portfolio
  12. 6.2.5 Siemens Recent Developments
  13. 6.3 RXPE
  14. 6.3.1 RXPE Company Information
  15. 6.3.2 RXPE Business Overview
  16. 6.3.3 RXPE Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026)
  17. 6.3.4 RXPE Flexible AC Transmission Systems (FACTS) Product Portfolio
  18. 6.3.5 RXPE Recent Developments
  19. 6.4 Sieyuan Electric
  20. 6.4.1 Sieyuan Electric Company Information
  21. 6.4.2 Sieyuan Electric Business Overview
  22. 6.4.3 Sieyuan Electric Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026)
  23. 6.4.4 Sieyuan Electric Flexible AC Transmission Systems (FACTS) Product Portfolio
  24. 6.4.5 Sieyuan Electric Recent Developments
  25. 6.5 Mitsubishi Electric
  26. 6.5.1 Mitsubishi Electric Company Information
  27. 6.5.2 Mitsubishi Electric Business Overview
  28. 6.5.3 Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026)
  29. 6.5.4 Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Product Portfolio
  30. 6.5.5 Mitsubishi Electric Recent Developments
  31. 6.6 GE
  32. 6.6.1 GE Company Information
  33. 6.6.2 GE Business Overview
  34. 6.6.3 GE Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026)
  35. 6.6.4 GE Flexible AC Transmission Systems (FACTS) Product Portfolio
  36. 6.6.5 GE Recent Developments
  37. 6.7 Toshiba
  38. 6.7.1 Toshiba Company Information
  39. 6.7.2 Toshiba Business Overview
  40. 6.7.3 Toshiba Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026)
  41. 6.7.4 Toshiba Flexible AC Transmission Systems (FACTS) Product Portfolio
  42. 6.7.5 Toshiba Recent Developments
  43. 6.8 AMSC
  44. 6.8.1 AMSC Company Information
  45. 6.8.2 AMSC Business Overview
  46. 6.8.3 AMSC Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026)
  47. 6.8.4 AMSC Flexible AC Transmission Systems (FACTS) Product Portfolio
  48. 6.8.5 AMSC Recent Developments
  49. 6.9 Hyosung
  50. 6.9.1 Hyosung Company Information
  51. 6.9.2 Hyosung Business Overview
  52. 6.9.3 Hyosung Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026)
  53. 6.9.4 Hyosung Flexible AC Transmission Systems (FACTS) Product Portfolio
  54. 6.9.5 Hyosung Recent Developments
7 North America
  1. 7.1 North America Flexible AC Transmission Systems (FACTS) Market Size (2021-2032)
  2. 7.2 North America Flexible AC Transmission Systems (FACTS) Market Size by Type
  3. 7.2.1 North America Flexible AC Transmission Systems (FACTS) Market Size by Type (2021-2026)
  4. 7.2.2 North America Flexible AC Transmission Systems (FACTS) Market Size by Type (2027-2032)
  5. 7.2.3 North America Flexible AC Transmission Systems (FACTS) Market Share by Type (2021-2032)
  6. 7.3 North America Flexible AC Transmission Systems (FACTS) Market Size by Application
  7. 7.3.1 North America Flexible AC Transmission Systems (FACTS) Market Size by Application (2021-2026)
  8. 7.3.2 North America Flexible AC Transmission Systems (FACTS) Market Size by Application (2027-2032)
  9. 7.3.3 North America Flexible AC Transmission Systems (FACTS) Market Share by Application (2021-2032)
  10. 7.4 North America Flexible AC Transmission Systems (FACTS) Market Size by Country
  11. 7.4.1 North America Flexible AC Transmission Systems (FACTS) Market Size by Country (2021 VS 2025 VS 2032)
  12. 7.4.2 North America Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026)
  13. 7.4.3 North America Flexible AC Transmission Systems (FACTS) Market Size by Country (2027-2032)
  14. 7.4.4 North America Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2032)
  15. 7.4.5 United States
  16. 7.4.6 Canada
  17. 7.4.7 Mexico
8 Europe
  1. 8.1 Europe Flexible AC Transmission Systems (FACTS) Market Size (2021-2032)
  2. 8.2 Europe Flexible AC Transmission Systems (FACTS) Market Size by Type
  3. 8.2.1 Europe Flexible AC Transmission Systems (FACTS) Market Size by Type (2021-2026)
  4. 8.2.2 Europe Flexible AC Transmission Systems (FACTS) Market Size by Type (2027-2032)
  5. 8.2.3 Europe Flexible AC Transmission Systems (FACTS) Market Share by Type (2021-2032)
  6. 8.3 Europe Flexible AC Transmission Systems (FACTS) Market Size by Application
  7. 8.3.1 Europe Flexible AC Transmission Systems (FACTS) Market Size by Application (2021-2026)
  8. 8.3.2 Europe Flexible AC Transmission Systems (FACTS) Market Size by Application (2027-2032)
  9. 8.3.3 Europe Flexible AC Transmission Systems (FACTS) Market Share by Application (2021-2032)
  10. 8.4 Europe Flexible AC Transmission Systems (FACTS) Market Size by Country
  11. 8.4.1 Europe Flexible AC Transmission Systems (FACTS) Market Size by Country (2021 VS 2025 VS 2032)
  12. 8.4.2 Europe Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026)
  13. 8.4.3 Europe Flexible AC Transmission Systems (FACTS) Market Size by Country (2027-2032)
  14. 8.4.4 Europe Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2032)
  15. 8.4.5 Germany
  16. 8.4.6 France
  17. 8.4.7 U.K.
  18. 8.4.8 Italy
  19. 8.4.9 Russia
  20. 8.4.10 Nordic Countries
9 China
  1. 9.1 China Flexible AC Transmission Systems (FACTS) Market Size (2021-2032)
  2. 9.2 China Flexible AC Transmission Systems (FACTS) Market Size by Type
  3. 9.2.1 China Flexible AC Transmission Systems (FACTS) Market Size by Type (2021-2026)
  4. 9.2.2 China Flexible AC Transmission Systems (FACTS) Market Size by Type (2027-2032)
  5. 9.2.3 China Flexible AC Transmission Systems (FACTS) Market Share by Type (2021-2032)
  6. 9.3 China Flexible AC Transmission Systems (FACTS) Market Size by Application
  7. 9.3.1 China Flexible AC Transmission Systems (FACTS) Market Size by Application (2021-2026)
  8. 9.3.2 China Flexible AC Transmission Systems (FACTS) Market Size by Application (2027-2032)
  9. 9.3.3 China Flexible AC Transmission Systems (FACTS) Market Share by Application (2021-2032)
10 Asia (Excluding China)
  1. 10.1 Asia Flexible AC Transmission Systems (FACTS) Market Size (2021-2032)
  2. 10.2 Asia Flexible AC Transmission Systems (FACTS) Market Size by Type
  3. 10.2.1 Asia Flexible AC Transmission Systems (FACTS) Market Size by Type (2021-2026)
  4. 10.2.2 Asia Flexible AC Transmission Systems (FACTS) Market Size by Type (2027-2032)
  5. 10.2.3 Asia Flexible AC Transmission Systems (FACTS) Market Share by Type (2021-2032)
  6. 10.3 Asia Flexible AC Transmission Systems (FACTS) Market Size by Application
  7. 10.3.1 Asia Flexible AC Transmission Systems (FACTS) Market Size by Application (2021-2026)
  8. 10.3.2 Asia Flexible AC Transmission Systems (FACTS) Market Size by Application (2027-2032)
  9. 10.3.3 Asia Flexible AC Transmission Systems (FACTS) Market Share by Application (2021-2032)
  10. 10.4 Asia Flexible AC Transmission Systems (FACTS) Market Size by Country
  11. 10.4.1 Asia Flexible AC Transmission Systems (FACTS) Market Size by Country (2021 VS 2025 VS 2032)
  12. 10.4.2 Asia Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026)
  13. 10.4.3 Asia Flexible AC Transmission Systems (FACTS) Market Size by Country (2027-2032)
  14. 10.4.4 Asia Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2032)
  15. 10.4.5 Japan
  16. 10.4.6 South Korea
  17. 10.4.7 Taiwan
  18. 10.4.8 Southeast Asia
  19. 10.4.9 India
  20. 10.4.10 Australia
11 South America, Middle East & Africa
  1. 11.1 South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size (2021-2032)
  2. 11.2 South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Type
  3. 11.2.1 South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Type (2021-2026)
  4. 11.2.2 South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Type (2027-2032)
  5. 11.2.3 South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Share by Type (2021-2032)
  6. 11.3 South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Application
  7. 11.3.1 South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Application (2021-2026)
  8. 11.3.2 South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Application (2027-2032)
  9. 11.3.3 South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Share by Application (2021-2032)
  10. 11.4 South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Country
  11. 11.4.1 South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Country (2021 VS 2025 VS 2032)
  12. 11.4.2 South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026)
  13. 11.4.3 South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Country (2027-2032)
  14. 11.4.4 South America, Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2032)
  15. 11.4.5 Brazil
  16. 11.4.6 South Africa
  17. 11.4.7 Saudi Arabia
  18. 11.4.8 Turkey
  19. 11.4.9 Argentina
  20. 11.4.9 UAE
  21. 11.4.9 Egypt
  22. 11.4.9 Chile
12 Concluding Insights
    13 Appendix
    1. 13.1 Reasons for Doing This Study
    2. 13.2 Research Methodology
    3. 13.3 Research Process
    4. 13.4 Authors List of This Report
    5. 13.5 Data Source
    6. 13.5.1 Secondary Sources
    7. 13.5.2 Primary Sources
    8. 13.6 Disclaimer

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