APO RESEARCH · REPORT
Flexible Alternating Current Transmission Systems (FACTS)
A flexible alternating current transmission system (FACTS) is a system composed of static equipment used for the AC transmission of electrical energy. It is meant to enhance controllability and increase power transfer capability of the network. It is generally a power electronics-based system.
Product & engineering
Understand the product.
A flexible alternating current transmission system (FACTS) is a system composed of static equipment used for the AC transmission of electrical energy. It is meant to enhance controllability and increase power transfer capability of the network. It is generally a power electronics-based system.
Selected research
Industry Research
Flexible Alternating Current Transmission Systems (FACTS) Industry Research Report 2026
Market perspective
A flexible alternating current transmission system (FACTS) is a system composed of static equipment used for the AC transmission of electrical energy. It is meant to enhance controllability and increase power transfer capability of the network. It is generally a power electronics-based system.
The high-end products mainly come from USA, Japan and Europe.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% in 2019. Geographically, the global Flexible AC Transmission Systems (FACTS) market has been segmented into North America, Europe, Asia-Pacific, South America and Middle East and Africa. The Europe held the largest share in the global market, its revenue of global market exceeds 33.71% in 2019. The next is Asia-Pacific.
Report Scope
Read the full market overview
This report quantifies the global Flexible Alternating Current Transmission Systems (FACTS) market in revenue (US$ million) and, where applicable, sales volume (K Units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K Units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Flexible Alternating Current Transmission Systems (FACTS).
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Flexible Alternating Current Transmission Systems (FACTS) Market by Company
ABB
Siemens
Mitsubishi Electric
RXPE
GE
Toshiba
Sieyuan Electric
Hyosung
AMSC
Flexible Alternating Current Transmission Systems (FACTS) Segment by Type
Shunt Compensation
Series Compensation
Flexible Alternating Current Transmission Systems (FACTS) Segment by Application
Metal Industry
Utilities
Railway
Mining
Flexible Alternating Current 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 Alternating Current 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 Alternating Current Transmission Systems (FACTS) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Flexible Alternating Current 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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, 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 3: Detailed analysis of Flexible Alternating Current Transmission Systems (FACTS) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Flexible Alternating Current Transmission Systems (FACTS) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Flexible Alternating Current Transmission Systems (FACTS) in regional level and country 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 production of each country in the world.
Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Shunt Compensation
- Series Compensation
Applications
- Metal Industry
- Utilities
- Railway
- Mining
Companies covered
- ABB
- Siemens
- Mitsubishi Electric
- RXPE
- GE
- Toshiba
- Sieyuan Electric
- Hyosung
- AMSC
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Flexible Alternating Current Transmission Systems (FACTS) by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Shunt Compensation
- 2.2.3 Series Compensation
- 2.3 Flexible Alternating Current Transmission Systems (FACTS) by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Metal Industry
- 2.3.3 Utilities
- 2.3.4 Railway
- 2.3.5 Mining
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Flexible Alternating Current Transmission Systems (FACTS) Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Flexible Alternating Current Transmission Systems (FACTS) Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Manufacturers (2021-2026)
- 3.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value by Manufacturers (2021-2026)
- 3.3 Global Flexible Alternating Current Transmission Systems (FACTS) Average Price by Manufacturers (2021-2026)
- 3.4 Global Flexible Alternating Current Transmission Systems (FACTS) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Flexible Alternating Current Transmission Systems (FACTS) Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Flexible Alternating Current Transmission Systems (FACTS) Manufacturers, Product Type & Application
- 3.7 Global Flexible Alternating Current Transmission Systems (FACTS) Manufacturers Established Date
- 3.8 Global Flexible Alternating Current Transmission Systems (FACTS) Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 ABB
- 4.1.1 ABB Flexible Alternating Current Transmission Systems (FACTS) Company Information
- 4.1.2 ABB Flexible Alternating Current Transmission Systems (FACTS) Business Overview
- 4.1.3 ABB Flexible Alternating Current Transmission Systems (FACTS) Production, Value and Gross Margin (2021-2026)
- 4.1.4 ABB Product Portfolio
- 4.1.5 ABB Recent Developments
- 4.2 Siemens
- 4.2.1 Siemens Flexible Alternating Current Transmission Systems (FACTS) Company Information
- 4.2.2 Siemens Flexible Alternating Current Transmission Systems (FACTS) Business Overview
- 4.2.3 Siemens Flexible Alternating Current Transmission Systems (FACTS) Production, Value and Gross Margin (2021-2026)
- 4.2.4 Siemens Product Portfolio
- 4.2.5 Siemens Recent Developments
- 4.3 Mitsubishi Electric
- 4.3.1 Mitsubishi Electric Flexible Alternating Current Transmission Systems (FACTS) Company Information
- 4.3.2 Mitsubishi Electric Flexible Alternating Current Transmission Systems (FACTS) Business Overview
- 4.3.3 Mitsubishi Electric Flexible Alternating Current Transmission Systems (FACTS) Production, Value and Gross Margin (2021-2026)
- 4.3.4 Mitsubishi Electric Product Portfolio
- 4.3.5 Mitsubishi Electric Recent Developments
- 4.4 RXPE
- 4.4.1 RXPE Flexible Alternating Current Transmission Systems (FACTS) Company Information
- 4.4.2 RXPE Flexible Alternating Current Transmission Systems (FACTS) Business Overview
- 4.4.3 RXPE Flexible Alternating Current Transmission Systems (FACTS) Production, Value and Gross Margin (2021-2026)
- 4.4.4 RXPE Product Portfolio
- 4.4.5 RXPE Recent Developments
- 4.5 GE
- 4.5.1 GE Flexible Alternating Current Transmission Systems (FACTS) Company Information
- 4.5.2 GE Flexible Alternating Current Transmission Systems (FACTS) Business Overview
- 4.5.3 GE Flexible Alternating Current Transmission Systems (FACTS) Production, Value and Gross Margin (2021-2026)
- 4.5.4 GE Product Portfolio
- 4.5.5 GE Recent Developments
- 4.6 Toshiba
- 4.6.1 Toshiba Flexible Alternating Current Transmission Systems (FACTS) Company Information
- 4.6.2 Toshiba Flexible Alternating Current Transmission Systems (FACTS) Business Overview
- 4.6.3 Toshiba Flexible Alternating Current Transmission Systems (FACTS) Production, Value and Gross Margin (2021-2026)
- 4.6.4 Toshiba Product Portfolio
- 4.6.5 Toshiba Recent Developments
- 4.7 Sieyuan Electric
- 4.7.1 Sieyuan Electric Flexible Alternating Current Transmission Systems (FACTS) Company Information
- 4.7.2 Sieyuan Electric Flexible Alternating Current Transmission Systems (FACTS) Business Overview
- 4.7.3 Sieyuan Electric Flexible Alternating Current Transmission Systems (FACTS) Production, Value and Gross Margin (2021-2026)
- 4.7.4 Sieyuan Electric Product Portfolio
- 4.7.5 Sieyuan Electric Recent Developments
- 4.8 Hyosung
- 4.8.1 Hyosung Flexible Alternating Current Transmission Systems (FACTS) Company Information
- 4.8.2 Hyosung Flexible Alternating Current Transmission Systems (FACTS) Business Overview
- 4.8.3 Hyosung Flexible Alternating Current Transmission Systems (FACTS) Production, Value and Gross Margin (2021-2026)
- 4.8.4 Hyosung Product Portfolio
- 4.8.5 Hyosung Recent Developments
- 4.9 AMSC
- 4.9.1 AMSC Flexible Alternating Current Transmission Systems (FACTS) Company Information
- 4.9.2 AMSC Flexible Alternating Current Transmission Systems (FACTS) Business Overview
- 4.9.3 AMSC Flexible Alternating Current Transmission Systems (FACTS) Production, Value and Gross Margin (2021-2026)
- 4.9.4 AMSC Product Portfolio
- 4.9.5 AMSC Recent Developments
5 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Region
- 5.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Region: 2021-2032
- 5.2.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Region: 2021-2026
- 5.2.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Forecast by Region (2027-2032)
- 5.3 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value by Region: 2021-2032
- 5.4.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value by Region: 2021-2026
- 5.4.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value Forecast by Region (2027-2032)
- 5.5 Global Flexible Alternating Current Transmission Systems (FACTS) Market Price Analysis by Region (2021-2026)
- 5.6 Global Flexible Alternating Current Transmission Systems (FACTS) Production and Value, YOY Growth
- 5.6.1 North America Flexible Alternating Current Transmission Systems (FACTS) Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Flexible Alternating Current Transmission Systems (FACTS) Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Flexible Alternating Current Transmission Systems (FACTS) Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Flexible Alternating Current Transmission Systems (FACTS) Production Value Estimates and Forecasts (2021-2032)
6 Global Flexible Alternating Current Transmission Systems (FACTS) Consumption by Region
- 6.1 Global Flexible Alternating Current Transmission Systems (FACTS) Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Flexible Alternating Current Transmission Systems (FACTS) Consumption by Region (2021-2032)
- 6.2.1 Global Flexible Alternating Current Transmission Systems (FACTS) Consumption by Region: 2021-2026
- 6.2.2 Global Flexible Alternating Current Transmission Systems (FACTS) Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Flexible Alternating Current Transmission Systems (FACTS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Flexible Alternating Current Transmission Systems (FACTS) Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Flexible Alternating Current Transmission Systems (FACTS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Flexible Alternating Current Transmission Systems (FACTS) Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Flexible Alternating Current Transmission Systems (FACTS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Flexible Alternating Current Transmission Systems (FACTS) Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Flexible Alternating Current Transmission Systems (FACTS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Flexible Alternating Current Transmission Systems (FACTS) Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Type (2021-2032)
- 7.1.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Type (2021-2032) & (K Units)
- 7.1.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Market Share by Type (2021-2032)
- 7.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value by Type (2021-2032)
- 7.2.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value Market Share by Type (2021-2032)
- 7.3 Global Flexible Alternating Current Transmission Systems (FACTS) Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Application (2021-2032)
- 8.1.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production by Application (2021-2032) & (K Units)
- 8.1.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Market Share by Application (2021-2032)
- 8.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value by Application (2021-2032)
- 8.2.1 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Flexible Alternating Current Transmission Systems (FACTS) Production Value Market Share by Application (2021-2032)
- 8.3 Global Flexible Alternating Current Transmission Systems (FACTS) Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Flexible Alternating Current Transmission Systems (FACTS) Value Chain Analysis
- 9.1.1 Flexible Alternating Current Transmission Systems (FACTS) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Flexible Alternating Current Transmission Systems (FACTS) Production Mode & Process
- 9.2 Flexible Alternating Current Transmission Systems (FACTS) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Flexible Alternating Current Transmission Systems (FACTS) Distributors
- 9.2.3 Flexible Alternating Current Transmission Systems (FACTS) Customers
10 Global Flexible Alternating Current Transmission Systems (FACTS) Analyzing Market Dynamics
- 10.1 Flexible Alternating Current Transmission Systems (FACTS) Industry Trends
- 10.2 Flexible Alternating Current Transmission Systems (FACTS) Industry Drivers
- 10.3 Flexible Alternating Current Transmission Systems (FACTS) Industry Opportunities and Challenges
- 10.4 Flexible Alternating Current Transmission Systems (FACTS) Industry Restraints
11 Report Conclusion
12 Disclaimer
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