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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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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.

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Industry Growth & Trends

Global Flexible AC Transmission Systems (FACTS) Industry Growth and Trends Forecast to 2032

Report ID 173783590121 December 202589 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

According to APO Research, the global Flexible AC Transmission Systems (FACTS) market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.

Report Scope

This report provides a structured, data-driven view of the global Flexible AC Transmission Systems (FACTS) market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Flexible AC Transmission Systems (FACTS) market size, estimates, and forecasts are presented in terms of revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Flexible AC Transmission Systems (FACTS) market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Flexible AC Transmission Systems (FACTS).

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading companies in the global Flexible AC Transmission Systems (FACTS) market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue and gross margin data by manufacturer for 2021-2026, enabling benchmarking of scale, profitability, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Flexible AC Transmission Systems (FACTS) Market 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

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

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 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 global and regional market size and CAGR for the history and forecast period (2021-2025, 2026-2031). 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: 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 3: 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 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 5: Detailed analysis of Flexible AC Transmission Systems (FACTS) companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.

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 (US$ Million) Comparison by Region: 2021 VS 2025 VS 2032 Table 2. Global Flexible AC Transmission Systems (FACTS) Market Size by Region (2021-2026) & (US$ Million) Table 3. Global Flexible AC Transmission Systems (FACTS) Market Share by Region (2021-2026) Table 4. Global Flexible AC Transmission Systems (FACTS) Market Size by Region (2027-2032) & (US$ Million) Table 5. Global Flexible AC Transmission Systems (FACTS) Market Share by Region (2027-2032) Table 6. Global Flexible AC Transmission Systems (FACTS) Market Size by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 7. Global Flexible AC Transmission Systems (FACTS) Market Size by Type (2021-2026) & (US$ Million) Table 8. Global Flexible AC Transmission Systems (FACTS) Market Size Share by Type (2021-2026) Table 9. Global Flexible AC Transmission Systems (FACTS) Market Size Forecasted by Type (2027-2032) & (US$ Million) Table 10. Global Flexible AC Transmission Systems (FACTS) Market Size Share Forecasted by Type (2027-2032) Table 11. North America Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2021-2026) & (US$ Million) Table 12. North America Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2027-2032) & (US$ Million) Table 13. Europe Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2021-2026) & (US$ Million) Table 14. Europe Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2027-2032) & (US$ Million) Table 15. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2021-2026) & (US$ Million) Table 16. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2027-2032) & (US$ Million) Table 17. Latin America Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2021-2026) & (US$ Million) Table 18. Latin America Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2027-2032) & (US$ Million) Table 19. Middle East and Africa Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2021-2026) & (US$ Million) Table 20. Middle East and Africa Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2027-2032) & (US$ Million) Table 21. Global Flexible AC Transmission Systems (FACTS) Market Size by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 22. Global Flexible AC Transmission Systems (FACTS) Market Size by Application (2021-2026) & (US$ Million) Table 23. Global Flexible AC Transmission Systems (FACTS) Market Size Share by Application (2021-2026) Table 24. Global Flexible AC Transmission Systems (FACTS) Market Size Forecasted by Application (2027-2032) & (US$ Million) Table 25. Global Flexible AC Transmission Systems (FACTS) Market Size Share Forecasted by Application (2027-2032) Table 26. North America Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2021-2026) & (US$ Million) Table 27. North America Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2027-2032) & (US$ Million) Table 28. Europe Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2021-2026) & (US$ Million) Table 29. Europe Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2027-2032) & (US$ Million) Table 30. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2021-2026) & (US$ Million) Table 31. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2027-2032) & (US$ Million) Table 32. Latin America Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2021-2026) & (US$ Million) Table 33. Latin America Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2027-2032) & (US$ Million) Table 34. Middle East and Africa Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2021-2026) & (US$ Million) Table 35. Middle East and Africa Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2027-2032) & (US$ Million) Table 36. Flexible AC Transmission Systems (FACTS) Industry Trends Table 37. Flexible AC Transmission Systems (FACTS) Industry Drivers Table 38. Flexible AC Transmission Systems (FACTS) Industry Opportunities and Challenges Table 39. Flexible AC Transmission Systems (FACTS) Industry Restraints Table 40. Global Flexible AC Transmission Systems (FACTS) Revenue by Company (US$ Million) & (2021-2026) Table 41. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Company (2021-2026) Table 42. Global Flexible AC Transmission Systems (FACTS) Industry Company Ranking, 2024 VS 2025 VS 2026 Table 43. Global Flexible AC Transmission Systems (FACTS) Key Company Headquarters & Area Served Table 44. Global Flexible AC Transmission Systems (FACTS) Company, Product Type & Application Table 45. Global Flexible AC Transmission Systems (FACTS) Company Commercialization Time Table 46. Global Company Market Concentration Ratio (CR5 and HHI) Table 47. Global Flexible AC Transmission Systems (FACTS) by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 48. ABB Company Information Table 49. ABB Business Overview Table 50. ABB Flexible AC Transmission Systems (FACTS) Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 51. ABB Flexible AC Transmission Systems (FACTS) Product Portfolio Table 52. ABB Recent Development Table 53. Siemens Company Information Table 54. Siemens Business Overview Table 55. Siemens Flexible AC Transmission Systems (FACTS) Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 56. Siemens Flexible AC Transmission Systems (FACTS) Product Portfolio Table 57. Siemens Recent Development Table 58. RXPE Company Information Table 59. RXPE Business Overview Table 60. RXPE Flexible AC Transmission Systems (FACTS) Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 61. RXPE Flexible AC Transmission Systems (FACTS) Product Portfolio Table 62. RXPE Recent Development Table 63. Sieyuan Electric Company Information Table 64. Sieyuan Electric Business Overview Table 65. Sieyuan Electric Flexible AC Transmission Systems (FACTS) Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 66. Sieyuan Electric Flexible AC Transmission Systems (FACTS) Product Portfolio Table 67. Sieyuan Electric Recent Development Table 68. Mitsubishi Electric Company Information Table 69. Mitsubishi Electric Business Overview Table 70. Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 71. Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Product Portfolio Table 72. Mitsubishi Electric Recent Development Table 73. GE Company Information Table 74. GE Business Overview Table 75. GE Flexible AC Transmission Systems (FACTS) Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 76. GE Flexible AC Transmission Systems (FACTS) Product Portfolio Table 77. GE Recent Development Table 78. Toshiba Company Information Table 79. Toshiba Business Overview Table 80. Toshiba Flexible AC Transmission Systems (FACTS) Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 81. Toshiba Flexible AC Transmission Systems (FACTS) Product Portfolio Table 82. Toshiba Recent Development Table 83. AMSC Company Information Table 84. AMSC Business Overview Table 85. AMSC Flexible AC Transmission Systems (FACTS) Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 86. AMSC Flexible AC Transmission Systems (FACTS) Product Portfolio Table 87. AMSC Recent Development Table 88. Hyosung Company Information Table 89. Hyosung Business Overview Table 90. Hyosung Flexible AC Transmission Systems (FACTS) Revenue (US$ Million), Global Share (%) and Gross Margin (2021-2026) Table 91. Hyosung Flexible AC Transmission Systems (FACTS) Product Portfolio Table 92. Hyosung Recent Development Table 93. North America Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 94. North America Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026) & (US$ Million) Table 95. North America Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2026) Table 96. North America Flexible AC Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032) & (US$ Million) Table 97. North America Flexible AC Transmission Systems (FACTS) Market Share Forecast by Country (2027-2032) Table 98. Europe Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 99. Europe Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026) & (US$ Million) Table 100. Europe Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2026) Table 101. Europe Flexible AC Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032) & (US$ Million) Table 102. Europe Flexible AC Transmission Systems (FACTS) Market Share Forecast by Country (2027-2032) Table 103. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 104. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026) & (US$ Million) Table 105. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2026) Table 106. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032) & (US$ Million) Table 107. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Share Forecast by Country (2027-2032) Table 108. Latin America Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 109. Latin America Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026) & (US$ Million) Table 110. Latin America Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2026) Table 111. Latin America Flexible AC Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032) & (US$ Million) Table 112. Latin America Flexible AC Transmission Systems (FACTS) Market Share Forecast by Country (2027-2032) Table 113. Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 114. Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026) & (US$ Million) Table 115. Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2026) Table 116. Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032) & (US$ Million) Table 117. Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Share Forecast by Country (2027-2032) Table 118. Research Programs/Design for This Report Table 119. Authors List of This Report Table 120. Secondary Sources List of Figures Figure 1.List of Figures Figure 2. Flexible AC Transmission Systems (FACTS) Product Image Figure 3. Global Flexible AC Transmission Systems (FACTS) Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 4. Global Flexible AC Transmission Systems (FACTS) Market Size (2021-2032) & (US$ Million) Figure 5. Global Flexible AC Transmission Systems (FACTS) Market Share by Region: 2025 VS 2032 Figure 6. Global Flexible AC Transmission Systems (FACTS) Market Share by Region (2021-2032) Figure 7. North America Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (2021-2032) & (US$ Million) Figure 8. Europe Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (2021-2032) & (US$ Million) Figure 9. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (2021-2032) & (US$ Million) Figure 10. Latin America Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (2021-2032) & (US$ Million) Figure 11. Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (2021-2032) & (US$ Million) Figure 12. Shunt Compensation Image Figure 13. Global Shunt Compensation Market Size YoY Growth (2021-2032) & (US$ Million) Figure 14. Series Compensation Image Figure 15. Global Series Compensation Market Size YoY Growth (2021-2032) & (US$ Million) Figure 16. Others Image Figure 17. Global Others Market Size YoY Growth (2021-2032) & (US$ Million) Figure 18. Global Flexible AC Transmission Systems (FACTS) Market Size Overview by Type (2021-2032) & (US$ Million) Figure 19. Global Flexible AC Transmission Systems (FACTS) Market Share by Type 2025 VS 2032 Figure 20. North America Flexible AC Transmission Systems (FACTS) Market Size Share by Type (2021-2032) Figure 21. Europe Flexible AC Transmission Systems (FACTS) Market Size Share by Type (2021-2032) Figure 22. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size Share by Type (2021-2032) Figure 23. Latin America Flexible AC Transmission Systems (FACTS) Market Size Share by Type (2021-2032) Figure 24. Middle East and Africa Flexible AC Transmission Systems (FACTS) Market Size Share by Type (2021-2032) Figure 25. Metal Industry Image Figure 26. Global Metal Industry Market Size YoY Growth (2021-2032) & (US$ Million) Figure 27. Utilities Image Figure 28. Global Utilities Market Size YoY Growth (2021-2032) & (US$ Million) Figure 29. Railway Image Figure 30. Global Railway Market Size YoY Growth (2021-2032) & (US$ Million) Figure 31. Mining Image Figure 32. Global Mining Market Size YoY Growth (2021-2032) & (US$ Million) Figure 33. Other Image Figure 34. Global Other Market Size YoY Growth (2021-2032) & (US$ Million) Figure 35. Global Flexible AC Transmission Systems (FACTS) Market Size Overview by Application (2021-2032) & (US$ Million) Figure 36. Global Flexible AC Transmission Systems (FACTS) Market Share by Application 2025 VS 2032 Figure 37. North America Flexible AC Transmission Systems (FACTS) Market Size Share by Application (2021-2032) Figure 38. Europe Flexible AC Transmission Systems (FACTS) Market Size Share by Application (2021-2032) Figure 39. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size Share by Application (2021-2032) Figure 40. Latin America Flexible AC Transmission Systems (FACTS) Market Size Share by Application (2021-2032) Figure 41. Middle East and Africa Flexible AC Transmission Systems (FACTS) Market Size Share by Application (2021-2032) Figure 42. Global Top 5 and 10 Flexible AC Transmission Systems (FACTS) Players Market Share by Revenue in 2025 Figure 43. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 44. North America Flexible AC Transmission Systems (FACTS) Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 45. North America Flexible AC Transmission Systems (FACTS) Market Share by Country: 2021 VS 2025 VS 2032 Figure 46. North America Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2032) Figure 47. Europe Flexible AC Transmission Systems (FACTS) Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 48. Europe Flexible AC Transmission Systems (FACTS) Market Share by Country: 2021 VS 2025 VS 2032 Figure 49. Europe Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2032) Figure 50. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 51. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Share by Country: 2021 VS 2025 VS 2032 Figure 52. Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2032) Figure 53. Latin America Flexible AC Transmission Systems (FACTS) Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 54. Latin America Flexible AC Transmission Systems (FACTS) Market Share by Country: 2021 VS 2025 VS 2032 Figure 55. Latin America Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2032) Figure 56. Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 57. Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Share by Country: 2021 VS 2025 VS 2032 Figure 58. Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Share by Country (2021-2032) Figure 59. Years Considered Figure 60. Research Process Figure 61. 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 Market Growth Prospects
  3. 1.3 Global Flexible AC Transmission Systems (FACTS) Market Size Overview by Region 2021 VS 2025 VS 2032
  4. 1.4 Global Flexible AC Transmission Systems (FACTS) Market Size by Region (2021-2032)
  5. 1.4.1 Global Flexible AC Transmission Systems (FACTS) Market Size by Region (2021-2026)
  6. 1.4.2 Global Flexible AC Transmission Systems (FACTS) Market Size by Region (2027-2032)
  7. 1.5 Key Regions Flexible AC Transmission Systems (FACTS) Market Size (2021-2032)
  8. 1.5.1 North America Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (2021-2032)
  9. 1.5.2 Europe Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (2021-2032)
  10. 1.5.3 Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (2021-2032)
  11. 1.5.4 South America Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (2021-2032)
  12. 1.5.5 Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (2021-2032)
2 Flexible AC Transmission Systems (FACTS) Market by Type
  1. 2.1 Type Introduction
  2. 2.1.1 Shunt Compensation
  3. 2.1.2 Series Compensation
  4. 2.1.3 Others
  5. 2.2 Global Flexible AC Transmission Systems (FACTS) Market Size by Type
  6. 2.2.1 Global Flexible AC Transmission Systems (FACTS) Market Size Overview by Type (2021-2032)
  7. 2.2.2 Global Flexible AC Transmission Systems (FACTS) Historic Market Size Review by Type (2021-2026)
  8. 2.2.3 Global Flexible AC Transmission Systems (FACTS) Market Size Forecasted by Type (2027-2032)
  9. 2.3 Global Flexible AC Transmission Systems (FACTS) Market Size by Regions
  10. 2.3.1 North America Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2021-2026)
  11. 2.3.2 Europe Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2021-2026)
  12. 2.3.3 Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2021-2026)
  13. 2.3.4 South America Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2021-2026)
  14. 2.3.5 Middle East and Africa Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Type (2021-2026)
3 Flexible AC Transmission Systems (FACTS) Market by Application
  1. 3.1 Type Introduction
  2. 3.1.1 Metal Industry
  3. 3.1.2 Utilities
  4. 3.1.3 Railway
  5. 3.1.4 Mining
  6. 3.1.5 Other
  7. 3.2 Global Flexible AC Transmission Systems (FACTS) Market Size by Application
  8. 3.2.1 Global Flexible AC Transmission Systems (FACTS) Market Size Overview by Application (2021-2032)
  9. 3.2.2 Global Flexible AC Transmission Systems (FACTS) Historic Market Size Review by Application (2021-2026)
  10. 3.2.3 Global Flexible AC Transmission Systems (FACTS) Market Size Forecasted by Application (2027-2032)
  11. 3.3 Global Flexible AC Transmission Systems (FACTS) Market Size by Regions
  12. 3.3.1 North America Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2021-2026)
  13. 3.3.2 Europe Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2021-2026)
  14. 3.3.3 Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2021-2026)
  15. 3.3.4 South America Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2021-2026)
  16. 3.3.5 Middle East and Africa Flexible AC Transmission Systems (FACTS) Market Size Breakdown by Application (2021-2026)
4 Global Market Dynamics
  1. 4.1 Flexible AC Transmission Systems (FACTS) Industry Trends
  2. 4.2 Flexible AC Transmission Systems (FACTS) Industry Drivers
  3. 4.3 Flexible AC Transmission Systems (FACTS) Industry Opportunities and Challenges
  4. 4.4 Flexible AC Transmission Systems (FACTS) Industry Restraints
5 Competitive Insights by Company
  1. 5.1 Global Top Players by Flexible AC Transmission Systems (FACTS) Revenue (2021-2026)
  2. 5.2 Global Flexible AC Transmission Systems (FACTS) Industry Company Ranking, 2024 VS 2025 VS 2026
  3. 5.3 Global Flexible AC Transmission Systems (FACTS) Key Company Headquarters & Area Served
  4. 5.4 Global Flexible AC Transmission Systems (FACTS) Company, Product Type & Application
  5. 5.5 Global Flexible AC Transmission Systems (FACTS) Company Commercialization Time
  6. 5.6 Market Competitive Analysis
  7. 5.6.1 Global Flexible AC Transmission Systems (FACTS) Market CR5 and HHI
  8. 5.6.2 Global Top 5 and 10 Flexible AC Transmission Systems (FACTS) Players Market Share by Revenue in 2025
  9. 5.6.3 2025 Flexible AC Transmission Systems (FACTS) Tier 1, Tier 2, and Tier 3
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, Global Share and Gross Margin (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, Global Share and Gross Margin (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, Global Share and Gross Margin (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, Global Share and Gross Margin (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, Global Share and Gross Margin (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, Global Share and Gross Margin (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, Global Share and Gross Margin (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, Global Share and Gross Margin (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, Global Share and Gross Margin (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 Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  2. 7.2 North America Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026)
  3. 7.3 North America Flexible AC Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032)
8 Europe
  1. 8.1 Europe Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  2. 8.2 Europe Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026)
  3. 8.3 Europe Flexible AC Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032)
9 Asia-Pacific
  1. 9.1 Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  2. 9.2 Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026)
  3. 9.3 Asia-Pacific Flexible AC Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032)
10 South America
  1. 10.1 South America Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  2. 10.2 South America Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026)
  3. 10.3 South America Flexible AC Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032)
11 Middle East & Africa
  1. 11.1 Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  2. 11.2 Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size by Country (2021-2026)
  3. 11.3 Middle East & Africa Flexible AC Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032)
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

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