Selected research
Industry Growth & Trends
Global FACTS Devices Industry Growth and Trends Forecast to 2032
Market perspective
The global FACTS Devices 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.
The North America market for FACTS Devices is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for FACTS Devices is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for FACTS Devices is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of FACTS Devices include Hitachi ABB Power Grids, Siemens, Mitsubishi Electric, Liaoning Rongxin Xingye Power Technology Co.,Ltd, GE, FGI, Toshiba, Taikai Power Electronic Co.,Ltd and Sieyuan Electric Co., Ltd, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global FACTS Devices market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The FACTS Devices market size, estimates, and forecasts are presented in terms of sales volume (Units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global FACTS Devices 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 FACTS Devices.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global FACTS Devices 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, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
FACTS Devices Market by Company
Hitachi ABB Power Grids
Siemens
Mitsubishi Electric
Liaoning Rongxin Xingye Power Technology Co.,Ltd
GE
FGI
Toshiba
Taikai Power Electronic Co.,Ltd
Sieyuan Electric Co., Ltd
Hyosung
NR Electric Co., Ltd
AMSC
FACTS Devices Segment by Type
SVC
SVG
FACTS Devices Segment by Application
Metallurgy and Steel
Mining
New Energy
Chemical
Transportation
Others
FACTS Devices 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 FACTS Devices 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 FACTS Devices and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of FACTS Devices.
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 study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
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: Detailed analysis of FACTS Devices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of FACTS Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- SVC
- SVG
Applications
- Metallurgy and Steel
- Mining
- New Energy
- Chemical
- Transportation
- Others
Companies covered
- Hitachi ABB Power Grids
- Siemens
- Mitsubishi Electric
- Liaoning Rongxin Xingye Power Technology Co.,Ltd
- GE
- FGI
- Toshiba
- Taikai Power Electronic Co.,Ltd
- Sieyuan Electric Co., Ltd
- Hyosung
- NR Electric Co., Ltd
- AMSC
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global FACTS Devices Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global FACTS Devices Sales Estimates and Forecasts (2021-2032)
- 1.3 FACTS Devices Market by Type
- 1.3.1 SVC
- 1.3.2 SVG
- 1.4 Global FACTS Devices Market Size by Type
- 1.4.1 Global FACTS Devices Market Size Overview by Type (2021-2032)
- 1.4.2 Global FACTS Devices Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global FACTS Devices Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America FACTS Devices Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe FACTS Devices Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific FACTS Devices Sales Breakdown by Type (2021-2026)
- 1.5.4 South America FACTS Devices Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa FACTS Devices Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 FACTS Devices Industry Trends
- 2.2 FACTS Devices Industry Drivers
- 2.3 FACTS Devices Industry Opportunities and Challenges
- 2.4 FACTS Devices Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by FACTS Devices Revenue (2021-2026)
- 3.2 Global Top Players by FACTS Devices Sales (2021-2026)
- 3.3 Global Top Players by FACTS Devices Price (2021-2026)
- 3.4 Global FACTS Devices Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global FACTS Devices Major Company Production Sites & Headquarters
- 3.6 Global FACTS Devices Company, Product Type & Application
- 3.7 Global FACTS Devices Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global FACTS Devices Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 FACTS Devices Players Market Share by Revenue in 2025
- 3.8.3 2025 FACTS Devices Tier 1, Tier 2, and Tier 3
4 FACTS Devices Regional Status and Outlook
- 4.1 Global FACTS Devices Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global FACTS Devices Historic Market Size by Region
- 4.2.1 Global FACTS Devices Sales in Volume by Region (2021-2026)
- 4.2.2 Global FACTS Devices Sales in Value by Region (2021-2026)
- 4.2.3 Global FACTS Devices Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global FACTS Devices Forecasted Market Size by Region
- 4.3.1 Global FACTS Devices Sales in Volume by Region (2027-2032)
- 4.3.2 Global FACTS Devices Sales in Value by Region (2027-2032)
- 4.3.3 Global FACTS Devices Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 FACTS Devices by Application
- 5.1 FACTS Devices Market by Application
- 5.1.1 Metallurgy and Steel
- 5.1.2 Mining
- 5.1.3 New Energy
- 5.1.4 Chemical
- 5.1.5 Transportation
- 5.1.6 Others
- 5.2 Global FACTS Devices Market Size by Application
- 5.2.1 Global FACTS Devices Market Size Overview by Application (2021-2032)
- 5.2.2 Global FACTS Devices Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global FACTS Devices Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America FACTS Devices Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe FACTS Devices Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific FACTS Devices Sales Breakdown by Application (2021-2026)
- 5.3.4 South America FACTS Devices Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa FACTS Devices Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Hitachi ABB Power Grids
- 6.1.1 Hitachi ABB Power Grids Company Information
- 6.1.2 Hitachi ABB Power Grids Business Overview
- 6.1.3 Hitachi ABB Power Grids FACTS Devices Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Hitachi ABB Power Grids FACTS Devices Product Portfolio
- 6.1.5 Hitachi ABB Power Grids Recent Developments
- 6.2 Siemens
- 6.2.1 Siemens Company Information
- 6.2.2 Siemens Business Overview
- 6.2.3 Siemens FACTS Devices Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Siemens FACTS Devices Product Portfolio
- 6.2.5 Siemens Recent Developments
- 6.3 Mitsubishi Electric
- 6.3.1 Mitsubishi Electric Company Information
- 6.3.2 Mitsubishi Electric Business Overview
- 6.3.3 Mitsubishi Electric FACTS Devices Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Mitsubishi Electric FACTS Devices Product Portfolio
- 6.3.5 Mitsubishi Electric Recent Developments
- 6.4 Liaoning Rongxin Xingye Power Technology Co.,Ltd
- 6.4.1 Liaoning Rongxin Xingye Power Technology Co.,Ltd Company Information
- 6.4.2 Liaoning Rongxin Xingye Power Technology Co.,Ltd Business Overview
- 6.4.3 Liaoning Rongxin Xingye Power Technology Co.,Ltd FACTS Devices Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Liaoning Rongxin Xingye Power Technology Co.,Ltd FACTS Devices Product Portfolio
- 6.4.5 Liaoning Rongxin Xingye Power Technology Co.,Ltd Recent Developments
- 6.5 GE
- 6.5.1 GE Company Information
- 6.5.2 GE Business Overview
- 6.5.3 GE FACTS Devices Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 GE FACTS Devices Product Portfolio
- 6.5.5 GE Recent Developments
- 6.6 FGI
- 6.6.1 FGI Company Information
- 6.6.2 FGI Business Overview
- 6.6.3 FGI FACTS Devices Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 FGI FACTS Devices Product Portfolio
- 6.6.5 FGI Recent Developments
- 6.7 Toshiba
- 6.7.1 Toshiba Company Information
- 6.7.2 Toshiba Business Overview
- 6.7.3 Toshiba FACTS Devices Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Toshiba FACTS Devices Product Portfolio
- 6.7.5 Toshiba Recent Developments
- 6.8 Taikai Power Electronic Co.,Ltd
- 6.8.1 Taikai Power Electronic Co.,Ltd Company Information
- 6.8.2 Taikai Power Electronic Co.,Ltd Business Overview
- 6.8.3 Taikai Power Electronic Co.,Ltd FACTS Devices Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Taikai Power Electronic Co.,Ltd FACTS Devices Product Portfolio
- 6.8.5 Taikai Power Electronic Co.,Ltd Recent Developments
- 6.9 Sieyuan Electric Co., Ltd
- 6.9.1 Sieyuan Electric Co., Ltd Company Information
- 6.9.2 Sieyuan Electric Co., Ltd Business Overview
- 6.9.3 Sieyuan Electric Co., Ltd FACTS Devices Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Sieyuan Electric Co., Ltd FACTS Devices Product Portfolio
- 6.9.5 Sieyuan Electric Co., Ltd Recent Developments
- 6.10 Hyosung
- 6.10.1 Hyosung Company Information
- 6.10.2 Hyosung Business Overview
- 6.10.3 Hyosung FACTS Devices Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Hyosung FACTS Devices Product Portfolio
- 6.10.5 Hyosung Recent Developments
- 6.11 NR Electric Co., Ltd
- 6.11.1 NR Electric Co., Ltd Company Information
- 6.11.2 NR Electric Co., Ltd Business Overview
- 6.11.3 NR Electric Co., Ltd FACTS Devices Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 NR Electric Co., Ltd FACTS Devices Product Portfolio
- 6.11.5 NR Electric Co., Ltd Recent Developments
- 6.12 AMSC
- 6.12.1 AMSC Company Information
- 6.12.2 AMSC Business Overview
- 6.12.3 AMSC FACTS Devices Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 AMSC FACTS Devices Product Portfolio
- 6.12.5 AMSC Recent Developments
7 North America by Country
- 7.1 North America FACTS Devices Sales by Country
- 7.1.1 North America FACTS Devices Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America FACTS Devices Sales by Country (2021-2026)
- 7.1.3 North America FACTS Devices Sales Forecast by Country (2027-2032)
- 7.2 North America FACTS Devices Market Size by Country
- 7.2.1 North America FACTS Devices Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America FACTS Devices Market Size by Country (2021-2026)
- 7.2.3 North America FACTS Devices Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe FACTS Devices Sales by Country
- 8.1.1 Europe FACTS Devices Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe FACTS Devices Sales by Country (2021-2026)
- 8.1.3 Europe FACTS Devices Sales Forecast by Country (2027-2032)
- 8.2 Europe FACTS Devices Market Size by Country
- 8.2.1 Europe FACTS Devices Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe FACTS Devices Market Size by Country (2021-2026)
- 8.2.3 Europe FACTS Devices Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific FACTS Devices Sales by Country
- 9.1.1 Asia-Pacific FACTS Devices Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific FACTS Devices Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific FACTS Devices Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific FACTS Devices Market Size by Country
- 9.2.1 Asia-Pacific FACTS Devices Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific FACTS Devices Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific FACTS Devices Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America FACTS Devices Sales by Country
- 10.1.1 South America FACTS Devices Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America FACTS Devices Sales by Country (2021-2026)
- 10.1.3 South America FACTS Devices Sales Forecast by Country (2027-2032)
- 10.2 South America FACTS Devices Market Size by Country
- 10.2.1 South America FACTS Devices Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America FACTS Devices Market Size by Country (2021-2026)
- 10.2.3 South America FACTS Devices Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa FACTS Devices Sales by Country
- 11.1.1 Middle East and Africa FACTS Devices Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa FACTS Devices Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa FACTS Devices Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa FACTS Devices Market Size by Country
- 11.2.1 Middle East and Africa FACTS Devices Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa FACTS Devices Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa FACTS Devices Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 FACTS Devices Value Chain Analysis
- 12.1.1 FACTS Devices Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 FACTS Devices Production Mode & Process
- 12.2 FACTS Devices Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 FACTS Devices Distributors
- 12.2.3 FACTS Devices Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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