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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.

Selected research

Market Analysis & Forecast

Global Flexible AC Transmission Systems (FACTS) Market Analysis and Forecast 2026-2032

22 December 2025192 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 presents an overview of global market for Flexible AC Transmission Systems (FACTS), market size. Analyses of the global market trends, with historic market revenue data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.

This report researches the key producers of Flexible AC Transmission Systems (FACTS), also provides the revenue of main regions and countries. Of the upcoming market potential for Flexible AC Transmission Systems (FACTS), and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Flexible AC Transmission Systems (FACTS) revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Flexible AC Transmission Systems (FACTS) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2021 to 2032. Evaluation and forecast the market size for Flexible AC Transmission Systems (FACTS) revenue, projected growth trends, production technology, application and end-user industry.

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 growth rate (CAGR), market share, historical and forecast.

2. To present the key players, 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 market size), 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. 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: 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 3: 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.

Chapter 4: Detailed analysis of Flexible AC Transmission Systems (FACTS) company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 5: 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 6: 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 7: 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 8: North America by type, by application and by country, revenue for each segment.

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

Chapter 10: China type, by application, revenue for each segment.

Chapter 11: Asia (excluding China) type, by application and by region, revenue for each segment.

Chapter 12: South America, Middle East and Africa by type, by application and by country, revenue for each segment.

Chapter 13: The main 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. Shunt Compensation Major Player Table 3. Series Compensation Major Player Table 4. Others Major Player Table 5. Global Flexible AC Transmission Systems (FACTS) Market Size Growth Rate by Application (US$ Million), 2021 VS 2025 VS 2032 Table 6. Metal Industry Major Player Table 7. Utilities Major Player Table 8. Railway Major Player Table 9. Mining Major Player Table 10. Other Major Player Table 11. Flexible AC Transmission Systems (FACTS) Industry Trends Table 12. Flexible AC Transmission Systems (FACTS) Industry Drivers Table 13. Flexible AC Transmission Systems (FACTS) Industry Opportunities and Challenges Table 14. Flexible AC Transmission Systems (FACTS) Industry Restraints Table 15. Global Flexible AC Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Region (US$ Million): 2021 VS 2025 VS 2032 Table 16. Global Flexible AC Transmission Systems (FACTS) Market Size by Region (2021-2026) & (US$ Million) Table 17. Global Flexible AC Transmission Systems (FACTS) Market Share by Region (2021-2026) Table 18. Global Flexible AC Transmission Systems (FACTS) Market Size by Region (2027-2032) & (US$ Million) Table 19. Global Flexible AC Transmission Systems (FACTS) Market Share by Region (2027-2032) Table 20. Global Flexible AC Transmission Systems (FACTS) Revenue by Players (US$ Million) & (2021-2026) Table 21. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Players (2021-2026) Table 22. Global Flexible AC Transmission Systems (FACTS) Key Players Ranking, 2024 VS 2025 VS 2026 Table 23. Global Flexible AC Transmission Systems (FACTS) Key Players Headquarters & Area Served Table 24. Global Flexible AC Transmission Systems (FACTS) Players, Product Type & Application Table 25. Global Flexible AC Transmission Systems (FACTS) Players Establishment Date Table 26. Global Players Market Concentration Ratio (CR5 and HHI) Table 27. Global Flexible AC Transmission Systems (FACTS) by Players Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 28. Global Flexible AC Transmission Systems (FACTS) Revenue by Type 2021 VS 2025 VS 2032 (US$ Million) Table 29. Global Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2026) & (US$ Million) Table 30. Global Flexible AC Transmission Systems (FACTS) Revenue by Type (2027-2032) & (US$ Million) Table 31. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Type (2021-2026) Table 32. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Type (2027-2032) Table 33. Global Flexible AC Transmission Systems (FACTS) Revenue by Application 2021 VS 2025 VS 2032 (US$ Million) Table 34. Global Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2026) & (US$ Million) Table 35. Global Flexible AC Transmission Systems (FACTS) Revenue by Application (2027-2032) & (US$ Million) Table 36. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Application (2021-2026) Table 37. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Application (2027-2032) Table 38. ABB Company Information Table 39. ABB Business Overview Table 40. ABB Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 41. ABB Flexible AC Transmission Systems (FACTS) Product Portfolio Table 42. ABB Recent Development Table 43. Siemens Company Information Table 44. Siemens Business Overview Table 45. Siemens Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 46. Siemens Flexible AC Transmission Systems (FACTS) Product Portfolio Table 47. Siemens Recent Development Table 48. RXPE Company Information Table 49. RXPE Business Overview Table 50. RXPE Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 51. RXPE Flexible AC Transmission Systems (FACTS) Product Portfolio Table 52. RXPE Recent Development Table 53. Sieyuan Electric Company Information Table 54. Sieyuan Electric Business Overview Table 55. Sieyuan Electric Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 56. Sieyuan Electric Flexible AC Transmission Systems (FACTS) Product Portfolio Table 57. Sieyuan Electric Recent Development Table 58. Mitsubishi Electric Company Information Table 59. Mitsubishi Electric Business Overview Table 60. Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 61. Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Product Portfolio Table 62. Mitsubishi Electric Recent Development Table 63. GE Company Information Table 64. GE Business Overview Table 65. GE Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 66. GE Flexible AC Transmission Systems (FACTS) Product Portfolio Table 67. GE Recent Development Table 68. Toshiba Company Information Table 69. Toshiba Business Overview Table 70. Toshiba Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 71. Toshiba Flexible AC Transmission Systems (FACTS) Product Portfolio Table 72. Toshiba Recent Development Table 73. AMSC Company Information Table 74. AMSC Business Overview Table 75. AMSC Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 76. AMSC Flexible AC Transmission Systems (FACTS) Product Portfolio Table 77. AMSC Recent Development Table 78. Hyosung Company Information Table 79. Hyosung Business Overview Table 80. Hyosung Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (US$ Million) & (2021-2026) Table 81. Hyosung Flexible AC Transmission Systems (FACTS) Product Portfolio Table 82. Hyosung Recent Development Table 83. North America Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2026) & (US$ Million) Table 84. North America Flexible AC Transmission Systems (FACTS) Revenue by Type (2027-2032) & (US$ Million) Table 85. North America Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2026) & (US$ Million) Table 86. North America Flexible AC Transmission Systems (FACTS) Revenue by Application (2027-2032) & (US$ Million) Table 87. North America Flexible AC Transmission Systems (FACTS) Revenue by Country (2021 VS 2025 VS 2032) & (US$ Million) Table 88. North America Flexible AC Transmission Systems (FACTS) Revenue by Country (2021-2026) & (US$ Million) Table 89. North America Flexible AC Transmission Systems (FACTS) Revenue by Country (US$ Million) & (2027-2032) Table 90. Europe Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2026) & (US$ Million) Table 91. Europe Flexible AC Transmission Systems (FACTS) Revenue by Type (2027-2032) & (US$ Million) Table 92. Europe Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2026) & (US$ Million) Table 93. Europe Flexible AC Transmission Systems (FACTS) Revenue by Application (2027-2032) & (US$ Million) Table 94. Europe Flexible AC Transmission Systems (FACTS) Revenue by Country (2021 VS 2025 VS 2032) & (US$ Million) Table 95. Europe Flexible AC Transmission Systems (FACTS) Revenue by Country (2021-2026) & (US$ Million) Table 96. Europe Flexible AC Transmission Systems (FACTS) Revenue by Country (US$ Million) & (2027-2032) Table 97. China Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2026) & (US$ Million) Table 98. China Flexible AC Transmission Systems (FACTS) Revenue by Type (2027-2032) & (US$ Million) Table 99. China Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2026) & (US$ Million) Table 100. China Flexible AC Transmission Systems (FACTS) Revenue by Application (2027-2032) & (US$ Million) Table 101. Asia Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2026) & (US$ Million) Table 102. Asia Flexible AC Transmission Systems (FACTS) Revenue by Type (2027-2032) & (US$ Million) Table 103. Asia Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2026) & (US$ Million) Table 104. Asia Flexible AC Transmission Systems (FACTS) Revenue by Application (2027-2032) & (US$ Million) Table 105. Asia Flexible AC Transmission Systems (FACTS) Revenue by Region (2021 VS 2025 VS 2032) & (US$ Million) Table 106. Asia Flexible AC Transmission Systems (FACTS) Revenue by Region (US$ Million) & (2021-2026) Table 107. Asia Flexible AC Transmission Systems (FACTS) Revenue by Region (US$ Million) & (2027-2032) Table 108. SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2026) & (US$ Million) Table 109. SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Type (2027-2032) & (US$ Million) Table 110. SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2026) & (US$ Million) Table 111. SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Application (2027-2032) & (US$ Million) Table 112. SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Country (2021 VS 2025 VS 2032) & (US$ Million) Table 113. SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Country (2021-2026) & (US$ Million) Table 114. SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Country (US$ Million) & (2027-2032) Table 115. Research Programs/Design for This Report Table 116. Authors List of This Report Table 117. Secondary Sources Table 118. Primary Sources List of Figures Figure 1. Flexible AC Transmission Systems (FACTS) Image Figure 2. Global Flexible AC Transmission Systems (FACTS) Market Size Growth Rate by Type (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Flexible AC Transmission Systems (FACTS) Market Size Share 2021 VS 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 (US$ Million), 2021 VS 2025 VS 2032 Figure 8. Global Flexible AC Transmission Systems (FACTS) Market Size Share 2021 VS 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) & (2021-2032) Figure 15. Global Flexible AC Transmission Systems (FACTS) Market Size, (US$ Million), 2021 VS 2025 VS 2032 Figure 16. Global Flexible AC Transmission Systems (FACTS) Market Share by Region: 2021 VS 2025 VS 2032 Figure 17. Global Flexible AC Transmission Systems (FACTS) Players Revenue Share Top 10 and Top 5 in 2025 Figure 18. Players Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 19. Global Flexible AC Transmission Systems (FACTS) Revenue by Type (2021 VS 2025 VS 2032) & (US$ Million) Figure 20. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share 2021 VS 2025 VS 2032 Figure 21. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Type (2021-2032) Figure 22. Global Flexible AC Transmission Systems (FACTS) Revenue by Application (2021 VS 2025 VS 2032) & (US$ Million) Figure 23. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Application (2021 VS 2025 VS 2032) Figure 24. Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Application (2021-2032) Figure 25. North America Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (2021-2032) & (US$ Million) Figure 26. North America Flexible AC Transmission Systems (FACTS) Revenue Share by Type (2021-2032) Figure 27. North America Flexible AC Transmission Systems (FACTS) Revenue Share by Application (2021-2032) Figure 28. North America Flexible AC Transmission Systems (FACTS) Revenue Share by Country (2021-2032) Figure 29. United States Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 30. Canada Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 31. Mexico Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 32. Europe Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (2021-2032) & (US$ Million) Figure 33. Europe Flexible AC Transmission Systems (FACTS) Revenue Share by Type (2021-2032) Figure 34. Europe Flexible AC Transmission Systems (FACTS) Revenue Share by Application (2021-2032) Figure 35. Europe Flexible AC Transmission Systems (FACTS) Revenue Share by Country (2021-2032) Figure 36. Germany Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 37. France Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 38. U.K. Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 39. Italy Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 40. Spain Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 41. Russia Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 42. Netherlands Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 43. Nordic Countries Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 44. China Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (2021-2032) & (US$ Million) Figure 45. China Flexible AC Transmission Systems (FACTS) Revenue Share by Type (2021-2032) Figure 46. China Flexible AC Transmission Systems (FACTS) Revenue Share by Application (2021-2032) Figure 47. Asia Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (2021-2032) & (US$ Million) Figure 48. Asia Flexible AC Transmission Systems (FACTS) Revenue Share by Type (2021-2032) Figure 49. Asia Flexible AC Transmission Systems (FACTS) Revenue Share by Application (2021-2032) Figure 50. Asia Flexible AC Transmission Systems (FACTS) Revenue Share by Region (2021-2032) Figure 51. Japan Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 52. South Korea Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 53. India Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 54. Australia Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 55. Taiwan Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 56. Southeast Asia Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 57. SAMEA Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (2021-2032) & (US$ Million) Figure 58. SAMEA Flexible AC Transmission Systems (FACTS) Revenue Share by Type (2021-2032) Figure 59. SAMEA Flexible AC Transmission Systems (FACTS) Revenue Share by Application (2021-2032) Figure 60. SAMEA Flexible AC Transmission Systems (FACTS) Revenue Share by Country (2021-2032) Figure 61. Brazil Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 62. Argentina Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 63. Chile Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 64. Colombia Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 65. Peru Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 66. Saudi Arabia Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 67. Israel Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 68. UAE Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 69. Turkey Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 70. Iran Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 71. Egypt Flexible AC Transmission Systems (FACTS) Revenue YoY Growth (US$ Million) & (2021-2032) Figure 72. Years Considered Figure 73. Research Process Figure 74. 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 Flexible AC Transmission Systems (FACTS) Market by Type
  3. 1.2.1 Global Flexible AC Transmission Systems (FACTS) Market Size 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 Flexible AC Transmission Systems (FACTS) Market by Application
  8. 1.3.1 Global Flexible AC Transmission Systems (FACTS) Market Size 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 Assumptions and Limitations
  15. 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 Global Growth Perspective
  1. 3.1 Global Flexible AC Transmission Systems (FACTS) Market Perspective (2021-2032)
  2. 3.2 Global Flexible AC Transmission Systems (FACTS) Growth Trends by Region
  3. 3.2.1 Global Flexible AC Transmission Systems (FACTS) Market Size by Region: 2021 VS 2025 VS 2032
  4. 3.2.2 Global Flexible AC Transmission Systems (FACTS) Market Size by Region (2021-2026)
  5. 3.2.3 Global Flexible AC Transmission Systems (FACTS) Market Size by Region (2027-2032)
4 Competitive Landscape by Players
  1. 4.1 Global Flexible AC Transmission Systems (FACTS) Revenue by Players
  2. 4.1.1 Global Flexible AC Transmission Systems (FACTS) Revenue by Players (2021-2026)
  3. 4.1.2 Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Players (2021-2026)
  4. 4.1.3 Global Flexible AC Transmission Systems (FACTS) Players Revenue Share Top 10 and Top 5 in 2025
  5. 4.2 Global Flexible AC Transmission Systems (FACTS) Key Players Ranking, 2024 VS 2025 VS 2026
  6. 4.3 Global Flexible AC Transmission Systems (FACTS) Key Players Headquarters & Area Served
  7. 4.4 Global Flexible AC Transmission Systems (FACTS) Players, Product Type & Application
  8. 4.5 Global Flexible AC Transmission Systems (FACTS) Players Establishment Date
  9. 4.6 Market Competitive Analysis
  10. 4.6.1 Global Flexible AC Transmission Systems (FACTS) Market CR5 and HHI
  11. 4.6.3 2025 Flexible AC Transmission Systems (FACTS) Tier 1, Tier 2, and Tier 3
5 Flexible AC Transmission Systems (FACTS) Market Size by Type
  1. 5.1 Global Flexible AC Transmission Systems (FACTS) Revenue by Type (2021 VS 2025 VS 2032)
  2. 5.2 Global Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2032)
  3. 5.3 Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Type (2021-2032)
6 Flexible AC Transmission Systems (FACTS) Market Size by Application
  1. 6.1 Global Flexible AC Transmission Systems (FACTS) Revenue by Application (2021 VS 2025 VS 2032)
  2. 6.2 Global Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2032)
  3. 6.3 Global Flexible AC Transmission Systems (FACTS) Revenue Market Share by Application (2021-2032)
7 Company Profiles
  1. 7.1 ABB
  2. 7.1.1 ABB Company Information
  3. 7.1.2 ABB Business Overview
  4. 7.1.3 ABB Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  5. 7.1.4 ABB Flexible AC Transmission Systems (FACTS) Product Portfolio
  6. 7.1.5 ABB Recent Developments
  7. 7.2 Siemens
  8. 7.2.1 Siemens Company Information
  9. 7.2.2 Siemens Business Overview
  10. 7.2.3 Siemens Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  11. 7.2.4 Siemens Flexible AC Transmission Systems (FACTS) Product Portfolio
  12. 7.2.5 Siemens Recent Developments
  13. 7.3 RXPE
  14. 7.3.1 RXPE Company Information
  15. 7.3.2 RXPE Business Overview
  16. 7.3.3 RXPE Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  17. 7.3.4 RXPE Flexible AC Transmission Systems (FACTS) Product Portfolio
  18. 7.3.5 RXPE Recent Developments
  19. 7.4 Sieyuan Electric
  20. 7.4.1 Sieyuan Electric Company Information
  21. 7.4.2 Sieyuan Electric Business Overview
  22. 7.4.3 Sieyuan Electric Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  23. 7.4.4 Sieyuan Electric Flexible AC Transmission Systems (FACTS) Product Portfolio
  24. 7.4.5 Sieyuan Electric Recent Developments
  25. 7.5 Mitsubishi Electric
  26. 7.5.1 Mitsubishi Electric Company Information
  27. 7.5.2 Mitsubishi Electric Business Overview
  28. 7.5.3 Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  29. 7.5.4 Mitsubishi Electric Flexible AC Transmission Systems (FACTS) Product Portfolio
  30. 7.5.5 Mitsubishi Electric Recent Developments
  31. 7.6 GE
  32. 7.6.1 GE Company Information
  33. 7.6.2 GE Business Overview
  34. 7.6.3 GE Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  35. 7.6.4 GE Flexible AC Transmission Systems (FACTS) Product Portfolio
  36. 7.6.5 GE Recent Developments
  37. 7.7 Toshiba
  38. 7.7.1 Toshiba Company Information
  39. 7.7.2 Toshiba Business Overview
  40. 7.7.3 Toshiba Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  41. 7.7.4 Toshiba Flexible AC Transmission Systems (FACTS) Product Portfolio
  42. 7.7.5 Toshiba Recent Developments
  43. 7.8 AMSC
  44. 7.8.1 AMSC Company Information
  45. 7.8.2 AMSC Business Overview
  46. 7.8.3 AMSC Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  47. 7.8.4 AMSC Flexible AC Transmission Systems (FACTS) Product Portfolio
  48. 7.8.5 AMSC Recent Developments
  49. 7.9 Hyosung
  50. 7.9.1 Hyosung Company Information
  51. 7.9.2 Hyosung Business Overview
  52. 7.9.3 Hyosung Flexible AC Transmission Systems (FACTS) Revenue and Gross Margin (2021-2026)
  53. 7.9.4 Hyosung Flexible AC Transmission Systems (FACTS) Product Portfolio
  54. 7.9.5 Hyosung Recent Developments
8 North America
  1. 8.1 North America Flexible AC Transmission Systems (FACTS) Revenue (2021-2032)
  2. 8.2 North America Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2032)
  3. 8.2.1 North America Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2026)
  4. 8.2.2 North America Flexible AC Transmission Systems (FACTS) Revenue by Type (2027-2032)
  5. 8.3 North America Flexible AC Transmission Systems (FACTS) Revenue Share by Type (2021-2032)
  6. 8.4 North America Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2032)
  7. 8.4.1 North America Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2026)
  8. 8.4.2 North America Flexible AC Transmission Systems (FACTS) Revenue by Application (2027-2032)
  9. 8.5 North America Flexible AC Transmission Systems (FACTS) Revenue Share by Application (2021-2032)
  10. 8.6 North America Flexible AC Transmission Systems (FACTS) Revenue by Country
  11. 8.6.1 North America Flexible AC Transmission Systems (FACTS) Revenue by Country (2021 VS 2025 VS 2032)
  12. 8.6.2 North America Flexible AC Transmission Systems (FACTS) Revenue by Country (2021-2026)
  13. 8.6.3 North America Flexible AC Transmission Systems (FACTS) Revenue by Country (2027-2032)
  14. 8.6.4 United States
  15. 8.6.5 Canada
  16. 8.6.6 Mexico
9 Europe
  1. 9.1 Europe Flexible AC Transmission Systems (FACTS) Revenue (2021-2032)
  2. 9.2 Europe Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2032)
  3. 9.2.1 Europe Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2026)
  4. 9.2.2 Europe Flexible AC Transmission Systems (FACTS) Revenue by Type (2027-2032)
  5. 9.3 Europe Flexible AC Transmission Systems (FACTS) Revenue Share by Type (2021-2032)
  6. 9.4 Europe Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2032)
  7. 9.4.1 Europe Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2026)
  8. 9.4.2 Europe Flexible AC Transmission Systems (FACTS) Revenue by Application (2027-2032)
  9. 9.5 Europe Flexible AC Transmission Systems (FACTS) Revenue Share by Application (2021-2032)
  10. 9.6 Europe Flexible AC Transmission Systems (FACTS) Revenue by Country
  11. 9.6.1 Europe Flexible AC Transmission Systems (FACTS) Revenue by Country (2021 VS 2025 VS 2032)
  12. 9.6.2 Europe Flexible AC Transmission Systems (FACTS) Revenue by Country (2021-2026)
  13. 9.6.3 Europe Flexible AC Transmission Systems (FACTS) Revenue by Country (2027-2032)
  14. 9.6.4 Germany
  15. 9.6.5 France
  16. 9.6.6 U.K.
  17. 9.6.7 Italy
  18. 9.6.8 Russia
  19. 9.6.9 Spain
  20. 9.6.10 Netherlands
  21. 9.6.11 Switzerland
  22. 9.6.12 Sweden
  23. 9.6.13 Poland
10 China
  1. 10.1 China Flexible AC Transmission Systems (FACTS) Revenue (2021-2032)
  2. 10.2 China Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2032)
  3. 10.2.1 China Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2026)
  4. 10.2.2 China Flexible AC Transmission Systems (FACTS) Revenue by Type (2027-2032)
  5. 10.3 China Flexible AC Transmission Systems (FACTS) Revenue Share by Type (2021-2032)
  6. 10.4 China Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2032)
  7. 10.4.1 China Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2026)
  8. 10.4.2 China Flexible AC Transmission Systems (FACTS) Revenue by Application (2027-2032)
  9. 10.5 China Flexible AC Transmission Systems (FACTS) Revenue Share by Application (2021-2032)
11 Asia (Excluding China)
  1. 11.1 Asia Flexible AC Transmission Systems (FACTS) Revenue (2021-2032)
  2. 11.2 Asia Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2032)
  3. 11.2.1 Asia Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2026)
  4. 11.2.2 Asia Flexible AC Transmission Systems (FACTS) Revenue by Type (2027-2032)
  5. 11.3 Asia Flexible AC Transmission Systems (FACTS) Revenue Share by Type (2021-2032)
  6. 11.4 Asia Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2032)
  7. 11.4.1 Asia Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2026)
  8. 11.4.2 Asia Flexible AC Transmission Systems (FACTS) Revenue by Application (2027-2032)
  9. 11.5 Asia Flexible AC Transmission Systems (FACTS) Revenue Share by Application (2021-2032)
  10. 11.6 Asia Flexible AC Transmission Systems (FACTS) Revenue by Country
  11. 11.6.1 Asia Flexible AC Transmission Systems (FACTS) Revenue by Country (2021 VS 2025 VS 2032)
  12. 11.6.2 Asia Flexible AC Transmission Systems (FACTS) Revenue by Country (2021-2026)
  13. 11.6.3 Asia Flexible AC Transmission Systems (FACTS) Revenue by Country (2027-2032)
  14. 11.6.4 Japan
  15. 11.6.5 South Korea
  16. 11.6.6 India
  17. 11.6.7 Australia
  18. 11.6.8 Taiwan
  19. 11.6.9 Southeast Asia
12 South America, Middle East and Africa
  1. 12.1 SAMEA Flexible AC Transmission Systems (FACTS) Revenue (2021-2032)
  2. 12.2 SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2032)
  3. 12.2.1 SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Type (2021-2026)
  4. 12.2.2 SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Type (2027-2032)
  5. 12.3 SAMEA Flexible AC Transmission Systems (FACTS) Revenue Share by Type (2021-2032)
  6. 12.4 SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2032)
  7. 12.4.1 SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Application (2021-2026)
  8. 12.4.2 SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Application (2027-2032)
  9. 12.5 SAMEA Flexible AC Transmission Systems (FACTS) Revenue Share by Application (2021-2032)
  10. 12.6 SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Country
  11. 12.6.1 SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Country (2021 VS 2025 VS 2032)
  12. 12.6.2 SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Country (2021-2026)
  13. 12.6.3 SAMEA Flexible AC Transmission Systems (FACTS) Revenue by Country (2027-2032)
  14. 12.6.4 Brazil
  15. 12.6.5 Argentina
  16. 12.6.6 Chile
  17. 12.6.7 Colombia
  18. 12.6.8 Peru
  19. 12.6.9 Saudi Arabia
  20. 12.6.10 Israel
  21. 12.6.11 UAE
  22. 12.6.12 Turkey
  23. 12.6.13 Iran
  24. 12.6.14 Egypt
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources

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