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 Growth & Trends
Global Flexible Alternating Current Transmission Systems (FACTS) Industry Growth and Trends Forecast to 2032
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 provides a structured, data-driven view of the global Flexible Alternating Current 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 Alternating Current Transmission Systems (FACTS) market size, estimates, and forecasts are presented in terms of sales volume (K Units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Flexible Alternating Current 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 Alternating Current Transmission Systems (FACTS).
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Flexible Alternating Current 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, 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.
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: 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 Flexible Alternating Current Transmission Systems (FACTS) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Flexible Alternating Current Transmission Systems (FACTS) 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
- 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Flexible Alternating Current Transmission Systems (FACTS) Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Flexible Alternating Current Transmission Systems (FACTS) Sales Estimates and Forecasts (2021-2032)
- 1.3 Flexible Alternating Current Transmission Systems (FACTS) Market by Type
- 1.3.1 Shunt Compensation
- 1.3.2 Series Compensation
- 1.4 Global Flexible Alternating Current Transmission Systems (FACTS) Market Size by Type
- 1.4.1 Global Flexible Alternating Current Transmission Systems (FACTS) Market Size Overview by Type (2021-2032)
- 1.4.2 Global Flexible Alternating Current Transmission Systems (FACTS) Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Flexible Alternating Current Transmission Systems (FACTS) Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Flexible Alternating Current Transmission Systems (FACTS) Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Flexible Alternating Current Transmission Systems (FACTS) Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Flexible Alternating Current Transmission Systems (FACTS) Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Flexible Alternating Current Transmission Systems (FACTS) Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Flexible Alternating Current Transmission Systems (FACTS) Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Flexible Alternating Current Transmission Systems (FACTS) Industry Trends
- 2.2 Flexible Alternating Current Transmission Systems (FACTS) Industry Drivers
- 2.3 Flexible Alternating Current Transmission Systems (FACTS) Industry Opportunities and Challenges
- 2.4 Flexible Alternating Current Transmission Systems (FACTS) Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Flexible Alternating Current Transmission Systems (FACTS) Revenue (2021-2026)
- 3.2 Global Top Players by Flexible Alternating Current Transmission Systems (FACTS) Sales (2021-2026)
- 3.3 Global Top Players by Flexible Alternating Current Transmission Systems (FACTS) Price (2021-2026)
- 3.4 Global Flexible Alternating Current Transmission Systems (FACTS) Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Flexible Alternating Current Transmission Systems (FACTS) Major Company Production Sites & Headquarters
- 3.6 Global Flexible Alternating Current Transmission Systems (FACTS) Company, Product Type & Application
- 3.7 Global Flexible Alternating Current Transmission Systems (FACTS) Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Flexible Alternating Current Transmission Systems (FACTS) Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Flexible Alternating Current Transmission Systems (FACTS) Players Market Share by Revenue in 2025
- 3.8.3 2025 Flexible Alternating Current Transmission Systems (FACTS) Tier 1, Tier 2, and Tier 3
4 Flexible Alternating Current Transmission Systems (FACTS) Regional Status and Outlook
- 4.1 Global Flexible Alternating Current Transmission Systems (FACTS) Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Flexible Alternating Current Transmission Systems (FACTS) Historic Market Size by Region
- 4.2.1 Global Flexible Alternating Current Transmission Systems (FACTS) Sales in Volume by Region (2021-2026)
- 4.2.2 Global Flexible Alternating Current Transmission Systems (FACTS) Sales in Value by Region (2021-2026)
- 4.2.3 Global Flexible Alternating Current Transmission Systems (FACTS) Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Flexible Alternating Current Transmission Systems (FACTS) Forecasted Market Size by Region
- 4.3.1 Global Flexible Alternating Current Transmission Systems (FACTS) Sales in Volume by Region (2027-2032)
- 4.3.2 Global Flexible Alternating Current Transmission Systems (FACTS) Sales in Value by Region (2027-2032)
- 4.3.3 Global Flexible Alternating Current Transmission Systems (FACTS) Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Flexible Alternating Current Transmission Systems (FACTS) by Application
- 5.1 Flexible Alternating Current Transmission Systems (FACTS) Market by Application
- 5.1.1 Metal Industry
- 5.1.2 Utilities
- 5.1.3 Railway
- 5.1.4 Mining
- 5.2 Global Flexible Alternating Current Transmission Systems (FACTS) Market Size by Application
- 5.2.1 Global Flexible Alternating Current Transmission Systems (FACTS) Market Size Overview by Application (2021-2032)
- 5.2.2 Global Flexible Alternating Current Transmission Systems (FACTS) Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Flexible Alternating Current Transmission Systems (FACTS) Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Flexible Alternating Current Transmission Systems (FACTS) Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Flexible Alternating Current Transmission Systems (FACTS) Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Flexible Alternating Current Transmission Systems (FACTS) Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Flexible Alternating Current Transmission Systems (FACTS) Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Flexible Alternating Current Transmission Systems (FACTS) Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 ABB
- 6.1.1 ABB Company Information
- 6.1.2 ABB Business Overview
- 6.1.3 ABB Flexible Alternating Current Transmission Systems (FACTS) Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 ABB Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
- 6.1.5 ABB Recent Developments
- 6.2 Siemens
- 6.2.1 Siemens Company Information
- 6.2.2 Siemens Business Overview
- 6.2.3 Siemens Flexible Alternating Current Transmission Systems (FACTS) Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Siemens Flexible Alternating Current Transmission Systems (FACTS) 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 Flexible Alternating Current Transmission Systems (FACTS) Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Mitsubishi Electric Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
- 6.3.5 Mitsubishi Electric Recent Developments
- 6.4 RXPE
- 6.4.1 RXPE Company Information
- 6.4.2 RXPE Business Overview
- 6.4.3 RXPE Flexible Alternating Current Transmission Systems (FACTS) Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 RXPE Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
- 6.4.5 RXPE Recent Developments
- 6.5 GE
- 6.5.1 GE Company Information
- 6.5.2 GE Business Overview
- 6.5.3 GE Flexible Alternating Current Transmission Systems (FACTS) Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 GE Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
- 6.5.5 GE Recent Developments
- 6.6 Toshiba
- 6.6.1 Toshiba Company Information
- 6.6.2 Toshiba Business Overview
- 6.6.3 Toshiba Flexible Alternating Current Transmission Systems (FACTS) Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Toshiba Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
- 6.6.5 Toshiba Recent Developments
- 6.7 Sieyuan Electric
- 6.7.1 Sieyuan Electric Company Information
- 6.7.2 Sieyuan Electric Business Overview
- 6.7.3 Sieyuan Electric Flexible Alternating Current Transmission Systems (FACTS) Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Sieyuan Electric Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
- 6.7.5 Sieyuan Electric Recent Developments
- 6.8 Hyosung
- 6.8.1 Hyosung Company Information
- 6.8.2 Hyosung Business Overview
- 6.8.3 Hyosung Flexible Alternating Current Transmission Systems (FACTS) Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Hyosung Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
- 6.8.5 Hyosung Recent Developments
- 6.9 AMSC
- 6.9.1 AMSC Company Information
- 6.9.2 AMSC Business Overview
- 6.9.3 AMSC Flexible Alternating Current Transmission Systems (FACTS) Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 AMSC Flexible Alternating Current Transmission Systems (FACTS) Product Portfolio
- 6.9.5 AMSC Recent Developments
7 North America by Country
- 7.1 North America Flexible Alternating Current Transmission Systems (FACTS) Sales by Country
- 7.1.1 North America Flexible Alternating Current Transmission Systems (FACTS) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Flexible Alternating Current Transmission Systems (FACTS) Sales by Country (2021-2026)
- 7.1.3 North America Flexible Alternating Current Transmission Systems (FACTS) Sales Forecast by Country (2027-2032)
- 7.2 North America Flexible Alternating Current Transmission Systems (FACTS) Market Size by Country
- 7.2.1 North America Flexible Alternating Current Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Flexible Alternating Current Transmission Systems (FACTS) Market Size by Country (2021-2026)
- 7.2.3 North America Flexible Alternating Current Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Flexible Alternating Current Transmission Systems (FACTS) Sales by Country
- 8.1.1 Europe Flexible Alternating Current Transmission Systems (FACTS) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Flexible Alternating Current Transmission Systems (FACTS) Sales by Country (2021-2026)
- 8.1.3 Europe Flexible Alternating Current Transmission Systems (FACTS) Sales Forecast by Country (2027-2032)
- 8.2 Europe Flexible Alternating Current Transmission Systems (FACTS) Market Size by Country
- 8.2.1 Europe Flexible Alternating Current Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Flexible Alternating Current Transmission Systems (FACTS) Market Size by Country (2021-2026)
- 8.2.3 Europe Flexible Alternating Current Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Flexible Alternating Current Transmission Systems (FACTS) Sales by Country
- 9.1.1 Asia-Pacific Flexible Alternating Current Transmission Systems (FACTS) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Flexible Alternating Current Transmission Systems (FACTS) Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Flexible Alternating Current Transmission Systems (FACTS) Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Flexible Alternating Current Transmission Systems (FACTS) Market Size by Country
- 9.2.1 Asia-Pacific Flexible Alternating Current Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Flexible Alternating Current Transmission Systems (FACTS) Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Flexible Alternating Current Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Flexible Alternating Current Transmission Systems (FACTS) Sales by Country
- 10.1.1 South America Flexible Alternating Current Transmission Systems (FACTS) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Flexible Alternating Current Transmission Systems (FACTS) Sales by Country (2021-2026)
- 10.1.3 South America Flexible Alternating Current Transmission Systems (FACTS) Sales Forecast by Country (2027-2032)
- 10.2 South America Flexible Alternating Current Transmission Systems (FACTS) Market Size by Country
- 10.2.1 South America Flexible Alternating Current Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Flexible Alternating Current Transmission Systems (FACTS) Market Size by Country (2021-2026)
- 10.2.3 South America Flexible Alternating Current Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Flexible Alternating Current Transmission Systems (FACTS) Sales by Country
- 11.1.1 Middle East and Africa Flexible Alternating Current Transmission Systems (FACTS) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Flexible Alternating Current Transmission Systems (FACTS) Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Flexible Alternating Current Transmission Systems (FACTS) Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Flexible Alternating Current Transmission Systems (FACTS) Market Size by Country
- 11.2.1 Middle East and Africa Flexible Alternating Current Transmission Systems (FACTS) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Flexible Alternating Current Transmission Systems (FACTS) Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Flexible Alternating Current Transmission Systems (FACTS) Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Flexible Alternating Current Transmission Systems (FACTS) Value Chain Analysis
- 12.1.1 Flexible Alternating Current Transmission Systems (FACTS) 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 Flexible Alternating Current Transmission Systems (FACTS) Production Mode & Process
- 12.2 Flexible Alternating Current Transmission Systems (FACTS) Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Flexible Alternating Current Transmission Systems (FACTS) Distributors
- 12.2.3 Flexible Alternating Current Transmission Systems (FACTS) 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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