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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.

Product & engineering

Understand the product.

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.

Selected research

Market Outlook & Growth Opportunities

Global Flexible AC Transmission Systems (FACTS) Market Outlook and Growth Opportunities 2026

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%.

This report provides an overview of the global Flexible AC Transmission Systems (FACTS) market in terms of revenue and gross margin, analyzing global market trends using 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 market revenue by 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 companies 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.

Across the 2021-2026 period, the analysis compares revenue growth and profitability profiles by company, distinguishing participants with sustained expansion from those with more cyclical performance, and relates these patterns to differences in regional exposure, product portfolios, and application focus in the global Flexible AC Transmission Systems (FACTS) market.

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 Flexible AC Transmission Systems (FACTS) status and future forecast, involving, revenue, growth rate (CAGR), market share, historical and forecast.

2. To present the Flexible AC Transmission Systems (FACTS) key companies, revenue, market share, and recent developments.

3. To split the Flexible AC Transmission Systems (FACTS) breakdown data by regions, type, companies, and application.

4. To analyze the global and key regions Flexible AC Transmission Systems (FACTS) market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify Flexible AC Transmission Systems (FACTS) significant trends, drivers, influence factors in global and regions.

6. To analyze Flexible AC Transmission Systems (FACTS) 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 sales 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, global total market size.

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) company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

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

Chapter 6: Sales value of Flexible AC Transmission Systems (FACTS) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of key country in the world.

Chapter 7: Sales value of Flexible AC Transmission Systems (FACTS) in country level. It provides sigmate data by type, and by application for each country/region.

Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.

Chapter 9: Concluding Insights.

More report detail

Tables and figures
List of Tables Table 1. Flexible AC Transmission Systems (FACTS) Industry Trends Table 2. Flexible AC Transmission Systems (FACTS) Industry Drivers Table 3. Flexible AC Transmission Systems (FACTS) Industry Opportunities and Challenges Table 4. Flexible AC Transmission Systems (FACTS) Industry Restraints Table 5. Global Flexible AC Transmission Systems (FACTS) Revenue by Company (US$ Million) & (2021-2026) Table 6. Global Flexible AC Transmission Systems (FACTS) Revenue Share by Company (2021-2026) Table 7. Global Flexible AC Transmission Systems (FACTS) Company Ranking, (2024-2026) & (US$ Million) Table 8. Global Flexible AC Transmission Systems (FACTS) Key Company Manufacturing Base & Headquarters Table 9. Global Flexible AC Transmission Systems (FACTS) Company, Product Type & Application Table 10. Global Flexible AC Transmission Systems (FACTS) Company Establishment Date Table 11. Global Company Market Concentration Ratio (CR5 and HHI) Table 12. Global Flexible AC Transmission Systems (FACTS) by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on Revenue of 2025) Table 13. Mergers & Acquisitions, Expansion Table 14. Significant Companies of Shunt Compensation Table 15. Significant Companies of Series Compensation Table 16. Significant Companies of Others Table 17. Global Flexible AC Transmission Systems (FACTS) Sales Value by Type 2021 VS 2025 VS 2032 (US$ Million) Table 18. Global Flexible AC Transmission Systems (FACTS) Sales Value by Type (2021-2026) & (US$ Million) Table 19. Global Flexible AC Transmission Systems (FACTS) Sales Value by Type (2027-2032) & (US$ Million) Table 20. Global Flexible AC Transmission Systems (FACTS) Sales Value Share by Type (2021-2026) Table 21. Global Flexible AC Transmission Systems (FACTS) Sales Value Share by Type (2027-2032) Table 22. Significant Companies of Metal Industry Table 23. Significant Companies of Utilities Table 24. Significant Companies of Railway Table 25. Significant Companies of Mining Table 26. Significant Companies of Other Table 27. Global Flexible AC Transmission Systems (FACTS) Sales Value by Application 2021 VS 2025 VS 2032 (US$ Million) Table 28. Global Flexible AC Transmission Systems (FACTS) Sales Value by Application (2021-2026) & (US$ Million) Table 29. Global Flexible AC Transmission Systems (FACTS) Sales Value by Application (2027-2032) & (US$ Million) Table 30. Global Flexible AC Transmission Systems (FACTS) Sales Value Share by Application (2021-2026) Table 31. Global Flexible AC Transmission Systems (FACTS) Sales Value Share by Application (2027-2032) Table 32. Global Flexible AC Transmission Systems (FACTS) Sales Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Table 33. Global Flexible AC Transmission Systems (FACTS) Sales Value by Region (2021-2026) & (US$ Million) Table 34. Global Flexible AC Transmission Systems (FACTS) Sales Value Share by Region (2021-2026) Table 35. Global Flexible AC Transmission Systems (FACTS) Sales Value by Region (2027-2032) & (US$ Million) Table 36. Global Flexible AC Transmission Systems (FACTS) Sales Value Share by Region (2027-2032) Table 37. Global Flexible AC Transmission Systems (FACTS) Sales Value by Country: 2021 VS 2025 VS 2032 (US$ Million) Table 38. Global Flexible AC Transmission Systems (FACTS) Sales Value by Country (2021-2026) & (US$ Million) Table 39. Global Flexible AC Transmission Systems (FACTS) Sales Value Market Share by Country (2021-2026) Table 40. Global Flexible AC Transmission Systems (FACTS) Sales Value by Country (2027-2032) & (US$ Million) Table 41. Global Flexible AC Transmission Systems (FACTS) Sales Value Market Share by Country (2027-2032) Table 42. ABB Company Information Table 43. ABB Business Overview Table 44. ABB Flexible AC Transmission Systems (FACTS) Revenue (US$ Million) and Gross Margin (2021-2026) Table 45. ABB Flexible AC Transmission Systems (FACTS) Product Portfolio Table 46. ABB Recent Development Table 47. Siemens Company Information Table 48. Siemens Business Overview Table 49. Siemens Flexible AC Transmission Systems (FACTS) Revenue (US$ Million) and Gross Margin (2021-2026) Table 50. Siemens Flexible AC Transmission Systems (FACTS) Product Portfolio Table 51. Siemens Recent Development Table 52. RXPE Company Information Table 53. RXPE Business Overview Table 54. RXPE Flexible AC Transmission Systems (FACTS) Revenue (US$ Million) and Gross Margin (2021-2026) Table 55. RXPE Flexible AC Transmission Systems (FACTS) Product Portfolio Table 56. RXPE Recent Development Table 57. Sieyuan Electric Company Information Table 58. Sieyuan Electric Business Overview Table 59. Sieyuan Electric Flexible AC Transmission Systems (FACTS) Revenue (US$ Million) and Gross Margin (2021-2026) Table 60. Sieyuan Electric Flexible AC Transmission Systems (FACTS) Product Portfolio Table 61. Sieyuan Electric Recent Development Table 62. Mitsubishi Electric Company Information Table 63. Mitsubishi Electric Business Overview Table 64. Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Revenue (US$ Million) and Gross Margin (2021-2026) Table 65. Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Product Portfolio Table 66. Mitsubishi Electric Recent Development Table 67. GE Company Information Table 68. GE Business Overview Table 69. GE Flexible AC Transmission Systems (FACTS) Revenue (US$ Million) and Gross Margin (2021-2026) Table 70. GE Flexible AC Transmission Systems (FACTS) Product Portfolio Table 71. GE Recent Development Table 72. Toshiba Company Information Table 73. Toshiba Business Overview Table 74. Toshiba Flexible AC Transmission Systems (FACTS) Revenue (US$ Million) and Gross Margin (2021-2026) Table 75. Toshiba Flexible AC Transmission Systems (FACTS) Product Portfolio Table 76. Toshiba Recent Development Table 77. AMSC Company Information Table 78. AMSC Business Overview Table 79. AMSC Flexible AC Transmission Systems (FACTS) Revenue (US$ Million) and Gross Margin (2021-2026) Table 80. AMSC Flexible AC Transmission Systems (FACTS) Product Portfolio Table 81. AMSC Recent Development Table 82. Hyosung Company Information Table 83. Hyosung Business Overview Table 84. Hyosung Flexible AC Transmission Systems (FACTS) Revenue (US$ Million) and Gross Margin (2021-2026) Table 85. Hyosung Flexible AC Transmission Systems (FACTS) Product Portfolio Table 86. Hyosung Recent Development Table 87. Research Programs/Design for This Report Table 88. Authors List of This Report Table 89. Secondary Sources Table 90. Primary Sources List of Figures Figure 1. Flexible AC Transmission Systems (FACTS) Product Image Figure 2. Global Flexible AC Transmission Systems (FACTS) Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 4. Global Flexible AC Transmission Systems (FACTS) Company Revenue Ranking in 2025 (US$ Million) Figure 5. Global Top 5 and 10 Company Market Share by Revenue in 2025 (US$ Million) Figure 6. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 7. Shunt Compensation Image Figure 8. Series Compensation Image Figure 9. Others Image Figure 10. Global Flexible AC Transmission Systems (FACTS) Sales Value by Type (2021 VS 2025 VS 2032) & (US$ Million) Figure 11. Global Flexible AC Transmission Systems (FACTS) Sales Value Share 2021 VS 2025 VS 2032 Figure 12. Global Flexible AC Transmission Systems (FACTS) Sales Value Share by Type (2021-2032) Figure 13. Metal Industry Image Figure 14. Utilities Image Figure 15. Railway Image Figure 16. Mining Image Figure 17. Other Image Figure 18. Global Flexible AC Transmission Systems (FACTS) Sales Value by Application (2021 VS 2025 VS 2032) & (US$ Million) Figure 19. Global Flexible AC Transmission Systems (FACTS) Sales Value Share 2021 VS 2025 VS 2032 Figure 20. Global Flexible AC Transmission Systems (FACTS) Sales Value Share by Application (2021-2032) Figure 21. Global Flexible AC Transmission Systems (FACTS) Sales Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Figure 22. Global Flexible AC Transmission Systems (FACTS) Sales Value Share by Region: 2021 VS 2025 VS 2032 Figure 23. North America Flexible AC Transmission Systems (FACTS) Sales Value (2021-2032) & (US$ Million) Figure 24. North America Flexible AC Transmission Systems (FACTS) Sales Value Share by Country (%), 2025 VS 2032 Figure 25. Europe Flexible AC Transmission Systems (FACTS) Sales Value (2021-2032) & (US$ Million) Figure 26. Europe Flexible AC Transmission Systems (FACTS) Sales Value Share by Country (%), 2025 VS 2032 Figure 27. Asia-Pacific Flexible AC Transmission Systems (FACTS) Sales Value (2021-2032) & (US$ Million) Figure 28. Asia-Pacific Flexible AC Transmission Systems (FACTS) Sales Value Share by Country (%), 2025 VS 2032 Figure 29. South America Flexible AC Transmission Systems (FACTS) Sales Value (2021-2032) & (US$ Million) Figure 30. South America Flexible AC Transmission Systems (FACTS) Sales Value Share by Country (%), 2025 VS 2032 Figure 31. Middle East & Africa Flexible AC Transmission Systems (FACTS) Sales Value (2021-2032) & (US$ Million) Figure 32. Middle East & Africa Flexible AC Transmission Systems (FACTS) Sales Value Share by Country (%), 2025 VS 2032 Figure 33. USA Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 34. USA Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 35. USA Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 36. Canada Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 37. Canada Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 38. Canada Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 39. Mexico Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 40. Mexico Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 41. Mexico Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 42. Germany Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 43. Germany Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 44. Germany Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 45. France Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 46. France Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 47. France Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 48. U.K. Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 49. U.K. Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 50. U.K. Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 51. Italy Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 52. Italy Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 53. Italy Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 54. Spain Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 55. Spain Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 56. Spain Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 57. Russia Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 58. Russia Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 59. Russia Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 60. Netherlands Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 61. Netherlands Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 62. Netherlands Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 63. Nordic Countries Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 64. Nordic Countries Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 65. Nordic Countries Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 66. China Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 67. China Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 68. China Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 69. Japan Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 70. Japan Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 71. Japan Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 72. South Korea Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 73. South Korea Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 74. South Korea Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 75. India Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 76. India Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 77. India Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 78. Australia Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 79. Australia Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 80. Australia Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 81. Southeast Asia Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 82. Southeast Asia Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 83. Southeast Asia Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 84. Brazil Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 85. Brazil Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 86. Brazil Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 87. Argentina Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 88. Argentina Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 89. Argentina Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 90. Chile Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 91. Chile Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 92. Chile Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 93. Colombia Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 94. Colombia Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 95. Colombia Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 96. Peru Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 97. Peru Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 98. Peru Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 99. Saudi Arabia Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 100. Saudi Arabia Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 101. Saudi Arabia Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 102. Israel Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 103. Israel Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 104. Israel Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 105. UAE Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 106. UAE Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 107. UAE Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 108. Turkey Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 109. Turkey Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 110. Turkey Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 111. Iran Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 112. Iran Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 113. Iran Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 114. Egypt Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 115. Egypt Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032 & (%) Figure 116. Egypt Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032 & (%) Figure 117. Years Considered Figure 118. Research Process Figure 119. 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 Global Flexible AC Transmission Systems (FACTS) Market Size, 2021 VS 2025 VS 2032
  3. 1.3 Global Flexible AC Transmission Systems (FACTS) Market Size (2021-2032)
  4. 1.4 Assumptions and Limitations
  5. 1.5 Study Goals and Objectives
2 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 Flexible AC Transmission Systems (FACTS) Market by Company
  1. 3.1 Global Flexible AC Transmission Systems (FACTS) Company Revenue Ranking in 2025
  2. 3.2 Global Flexible AC Transmission Systems (FACTS) Revenue by Company (2021-2026)
  3. 3.3 Global Flexible AC Transmission Systems (FACTS) Company Ranking (2024-2026)
  4. 3.4 Global Flexible AC Transmission Systems (FACTS) Company Manufacturing Base and Headquarters
  5. 3.5 Global Flexible AC Transmission Systems (FACTS) Company Product Type and Application
  6. 3.6 Global Flexible AC Transmission Systems (FACTS) Company Establishment Date
  7. 3.7 Market Competitive Analysis
  8. 3.7.1 Global Flexible AC Transmission Systems (FACTS) Market Concentration Ratio (CR5 and HHI)
  9. 3.7.2 Global Top 5 and 10 Company Market Share by Revenue in 2025
  10. 3.7.3 2025 Flexible AC Transmission Systems (FACTS) Tier 1, Tier 2, and Tier 3 Companies
  11. 3.8 Mergers and Acquisitions Expansion
4 Flexible AC Transmission Systems (FACTS) Market by Type
  1. 4.1 Flexible AC Transmission Systems (FACTS) Type Introduction
  2. 4.1.1 Shunt Compensation
  3. 4.1.2 Series Compensation
  4. 4.1.3 Others
  5. 4.2 Global Flexible AC Transmission Systems (FACTS) Sales Value by Type
  6. 4.2.1 Global Flexible AC Transmission Systems (FACTS) Sales Value by Type (2021 VS 2025 VS 2032)
  7. 4.2.2 Global Flexible AC Transmission Systems (FACTS) Sales Value by Type (2021-2032)
  8. 4.2.3 Global Flexible AC Transmission Systems (FACTS) Sales Value Share by Type (2021-2032)
5 Flexible AC Transmission Systems (FACTS) Market by Application
  1. 5.1 Flexible AC Transmission Systems (FACTS) Application Introduction
  2. 5.1.1 Metal Industry
  3. 5.1.2 Utilities
  4. 5.1.3 Railway
  5. 5.1.4 Mining
  6. 5.1.5 Other
  7. 5.2 Global Flexible AC Transmission Systems (FACTS) Sales Value by Application
  8. 5.2.1 Global Flexible AC Transmission Systems (FACTS) Sales Value by Application (2021 VS 2025 VS 2032)
  9. 5.2.2 Global Flexible AC Transmission Systems (FACTS) Sales Value by Application (2021-2032)
  10. 5.2.3 Global Flexible AC Transmission Systems (FACTS) Sales Value Share by Application (2021-2032)
6 Flexible AC Transmission Systems (FACTS) Regional Value Analysis
  1. 6.1 Global Flexible AC Transmission Systems (FACTS) Sales Value by Region: 2021 VS 2025 VS 2032
  2. 6.2 Global Flexible AC Transmission Systems (FACTS) Sales Value by Region (2021-2032)
  3. 6.2.1 Global Flexible AC Transmission Systems (FACTS) Sales Value by Region: 2021-2026
  4. 6.2.2 Global Flexible AC Transmission Systems (FACTS) Sales Value by Region (2027-2032)
  5. 6.3 North America
  6. 6.3.1 North America Flexible AC Transmission Systems (FACTS) Sales Value (2021-2032)
  7. 6.3.2 North America Flexible AC Transmission Systems (FACTS) Sales Value Share by Country, 2025 VS 2032
  8. 6.4 Europe
  9. 6.4.1 Europe Flexible AC Transmission Systems (FACTS) Sales Value (2021-2032)
  10. 6.4.2 Europe Flexible AC Transmission Systems (FACTS) Sales Value Share by Country, 2025 VS 2032
  11. 6.5 Asia-Pacific
  12. 6.5.1 Asia-Pacific Flexible AC Transmission Systems (FACTS) Sales Value (2021-2032)
  13. 6.5.2 Asia-Pacific Flexible AC Transmission Systems (FACTS) Sales Value Share by Country, 2025 VS 2032
  14. 6.6 South America
  15. 6.6.1 South America Flexible AC Transmission Systems (FACTS) Sales Value (2021-2032)
  16. 6.6.2 South America Flexible AC Transmission Systems (FACTS) Sales Value Share by Country, 2025 VS 2032
  17. 6.7 Middle East & Africa
  18. 6.7.1 Middle East & Africa Flexible AC Transmission Systems (FACTS) Sales Value (2021-2032)
  19. 6.7.2 Middle East & Africa Flexible AC Transmission Systems (FACTS) Sales Value Share by Country, 2025 VS 2032
7 Flexible AC Transmission Systems (FACTS) Country-level Value Analysis
  1. 7.1 Global Flexible AC Transmission Systems (FACTS) Sales Value by Country: 2021 VS 2025 VS 2032
  2. 7.2 Global Flexible AC Transmission Systems (FACTS) Sales Value by Country (2021-2032)
  3. 7.2.1 Global Flexible AC Transmission Systems (FACTS) Sales Value by Country (2021-2026)
  4. 7.2.2 Global Flexible AC Transmission Systems (FACTS) Sales Value by Country (2027-2032)
  5. 7.3 USA
  6. 7.3.1 USA Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  7. 7.3.2 USA Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  8. 7.3.3 USA Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  9. 7.4 Canada
  10. 7.4.1 Canada Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  11. 7.4.2 Canada Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  12. 7.4.3 Canada Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  13. 7.5 Mexico
  14. 7.5.1 Mexico Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  15. 7.5.2 Mexico Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  16. 7.5.3 Mexico Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  17. 7.6 Germany
  18. 7.6.1 Germany Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  19. 7.6.2 Germany Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  20. 7.6.3 Germany Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  21. 7.7 France
  22. 7.7.1 France Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  23. 7.7.2 France Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  24. 7.7.3 France Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  25. 7.8 U.K.
  26. 7.8.1 U.K. Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  27. 7.8.2 U.K. Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  28. 7.8.3 U.K. Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  29. 7.9 Italy
  30. 7.9.1 Italy Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  31. 7.9.2 Italy Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  32. 7.9.3 Italy Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  33. 7.10 Spain
  34. 7.10.1 Spain Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  35. 7.10.2 Spain Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  36. 7.10.3 Spain Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  37. 7.11 Russia
  38. 7.11.1 Russia Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  39. 7.11.2 Russia Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  40. 7.11.3 Russia Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  41. 7.12 Netherlands
  42. 7.12.1 Netherlands Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  43. 7.12.2 Netherlands Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  44. 7.12.3 Netherlands Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  45. 7.13 Nordic Countries
  46. 7.13.1 Nordic Countries Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  47. 7.13.2 Nordic Countries Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  48. 7.13.3 Nordic Countries Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  49. 7.14 China
  50. 7.14.1 China Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  51. 7.14.2 China Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  52. 7.14.3 China Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  53. 7.15 Japan
  54. 7.15.1 Japan Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  55. 7.15.2 Japan Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  56. 7.15.3 Japan Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  57. 7.16 South Korea
  58. 7.16.1 South Korea Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  59. 7.16.2 South Korea Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  60. 7.16.3 South Korea Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  61. 7.17 India
  62. 7.17.1 India Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  63. 7.17.2 India Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  64. 7.17.3 India Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  65. 7.18 Australia
  66. 7.18.1 Australia Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  67. 7.18.2 Australia Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  68. 7.18.3 Australia Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  69. 7.19 Southeast Asia
  70. 7.19.1 Southeast Asia Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  71. 7.19.2 Southeast Asia Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  72. 7.19.3 Southeast Asia Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  73. 7.20 Brazil
  74. 7.20.1 Brazil Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  75. 7.20.2 Brazil Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  76. 7.20.3 Brazil Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  77. 7.21 Argentina
  78. 7.21.1 Argentina Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  79. 7.21.2 Argentina Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  80. 7.21.3 Argentina Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  81. 7.22 Chile
  82. 7.22.1 Chile Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  83. 7.22.2 Chile Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  84. 7.22.3 Chile Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  85. 7.23 Colombia
  86. 7.23.1 Colombia Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  87. 7.23.2 Colombia Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  88. 7.23.3 Colombia Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  89. 7.24 Peru
  90. 7.24.1 Peru Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  91. 7.24.2 Peru Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  92. 7.24.3 Peru Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  93. 7.25 Saudi Arabia
  94. 7.25.1 Saudi Arabia Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  95. 7.25.2 Saudi Arabia Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  96. 7.25.3 Saudi Arabia Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  97. 7.26 Israel
  98. 7.26.1 Israel Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  99. 7.26.2 Israel Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  100. 7.26.3 Israel Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  101. 7.27 UAE
  102. 7.27.1 UAE Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  103. 7.27.2 UAE Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  104. 7.27.3 UAE Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  105. 7.28 Turkey
  106. 7.28.1 Turkey Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  107. 7.28.2 Turkey Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  108. 7.28.3 Turkey Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  109. 7.29 Iran
  110. 7.29.1 Iran Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  111. 7.29.2 Iran Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  112. 7.29.3 Iran Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
  113. 7.30 Egypt
  114. 7.30.1 Egypt Flexible AC Transmission Systems (FACTS) Sales Value Growth Rate (2021-2032)
  115. 7.30.2 Egypt Flexible AC Transmission Systems (FACTS) Sales Value Share by Type, 2025 VS 2032
  116. 7.30.3 Egypt Flexible AC Transmission Systems (FACTS) Sales Value Share by Application, 2025 VS 2032
8 Company Profiles
  1. 8.1 ABB
  2. 8.1.1 ABB Company Information
  3. 8.1.2 ABB Business Overview
  4. 8.1.3 ABB Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  5. 8.1.4 ABB Flexible AC Transmission Systems (FACTS) Product Portfolio
  6. 8.1.5 ABB Recent Developments
  7. 8.2 Siemens
  8. 8.2.1 Siemens Company Information
  9. 8.2.2 Siemens Business Overview
  10. 8.2.3 Siemens Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  11. 8.2.4 Siemens Flexible AC Transmission Systems (FACTS) Product Portfolio
  12. 8.2.5 Siemens Recent Developments
  13. 8.3 RXPE
  14. 8.3.1 RXPE Company Information
  15. 8.3.2 RXPE Business Overview
  16. 8.3.3 RXPE Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  17. 8.3.4 RXPE Flexible AC Transmission Systems (FACTS) Product Portfolio
  18. 8.3.5 RXPE Recent Developments
  19. 8.4 Sieyuan Electric
  20. 8.4.1 Sieyuan Electric Company Information
  21. 8.4.2 Sieyuan Electric Business Overview
  22. 8.4.3 Sieyuan Electric Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  23. 8.4.4 Sieyuan Electric Flexible AC Transmission Systems (FACTS) Product Portfolio
  24. 8.4.5 Sieyuan Electric Recent Developments
  25. 8.5 Mitsubishi Electric
  26. 8.5.1 Mitsubishi Electric Company Information
  27. 8.5.2 Mitsubishi Electric Business Overview
  28. 8.5.3 Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  29. 8.5.4 Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Product Portfolio
  30. 8.5.5 Mitsubishi Electric Recent Developments
  31. 8.6 GE
  32. 8.6.1 GE Company Information
  33. 8.6.2 GE Business Overview
  34. 8.6.3 GE Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  35. 8.6.4 GE Flexible AC Transmission Systems (FACTS) Product Portfolio
  36. 8.6.5 GE Recent Developments
  37. 8.7 Toshiba
  38. 8.7.1 Toshiba Company Information
  39. 8.7.2 Toshiba Business Overview
  40. 8.7.3 Toshiba Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  41. 8.7.4 Toshiba Flexible AC Transmission Systems (FACTS) Product Portfolio
  42. 8.7.5 Toshiba Recent Developments
  43. 8.8 AMSC
  44. 8.8.1 AMSC Company Information
  45. 8.8.2 AMSC Business Overview
  46. 8.8.3 AMSC Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  47. 8.8.4 AMSC Flexible AC Transmission Systems (FACTS) Product Portfolio
  48. 8.8.5 AMSC Recent Developments
  49. 8.9 Hyosung
  50. 8.9.1 Hyosung Company Information
  51. 8.9.2 Hyosung Business Overview
  52. 8.9.3 Hyosung Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  53. 8.9.4 Hyosung Flexible AC Transmission Systems (FACTS) Product Portfolio
  54. 8.9.5 Hyosung Recent Developments
9 Concluding Insights
    10 Appendix
    1. 10.1 Reasons for Doing This Study
    2. 10.2 Research Methodology
    3. 10.3 Research Process
    4. 10.4 Authors List of This Report
    5. 10.5 Data Source
    6. 10.5.1 Secondary Sources
    7. 10.5.2 Primary Sources

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