Flexible Alternating Current Transmission Systems Market

Flexible Alternating Current Transmission Systems Market (Compensation Type: Shunt Compensation [Static VAR Compensation {SVC} and Static Synchronous Compensator {STATCOM}], Series Compensation [Thyristor Series Capacitor and Fixed Series Capacitor], and Combined Compensation; Application: Voltage Control and Power Control; and End-user: Utilities, Industrial, and Others [including Railways]) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Electricity Demand Anticipated to Rise with Decline in COVID-19 Restrictions

In the light of the extraordinary impact of the COVID-19 pandemic, the electricity demand is witnessing a dip with dramatic reductions in services. Such trends are affecting the growth of the flexible alternating current transmission systems market. In the European Union (EU), a dip in electricity demand has also reflected in low non-renewable energy production. Nevertheless, market stakeholders are focusing on mission-critical projects in utilities and industrial sectors to create revenue streams during the ongoing pandemic.

The re-opening of malls, cinemas, HoReCa (Hotels, Restaurants, Café) industry, and other retail businesses in general has caused a chain reaction in growing revenue opportunities for companies in the flexible alternating current transmission systems market. Mass inoculation programs are helping to revive the electricity demand in virtually all end-use cases and sectors.

flexible alternating current transmission systems market infographic

Cyber Resilient FACTS Help Achieve Real-time Power System Awareness

The flexible alternating current transmission systems market is undergoing a significant change with the introduction of cyber resilient platforms. Since conventional flexible alternating current transmission systems (FACTS) are vulnerable to malicious command detection and false data injection detection, companies are increasing the availability of cyber resilient FACTS. These new systems use domain-based cybersecurity extensions to FACTS controllers to defend against inside threats.

Cyber resilient FACTS help to achieve real-time power system awareness, capable of securing and mitigating cyber-attacks. These new systems help to maintain FACTS continuity of service during ongoing attacks. Automatic mitigation of threats through blocking is being publicized in cyber resilient FACTS.

Automated FACTS Enable Operating Personnel and Project Planning Engineers to Work Exclusively

The flexible alternating current transmission systems market is projected to reach the valuation of US$ 2.28 Bn by 2031. However, control and protection for FACTS is necessary for ensuring an uninterrupted supply of electrical energy. Siemens AG - a German multinational technology conglomerate, is gaining popularity for tried and tested SIMATIC TDC (Technology and Drive Control) automation system. It has been found that SIMATIC TDC is being used worldwide in almost every industry and holds potentials in both production & process engineering for many HVDC (High-Voltage, Direct Current) & FACTS applications.

Companies are developing automated FACTS that help the operating personnel & project planning engineers to work exclusively with a standardized and universal software & hardware platform.

FACTS Provide Compensation of Reactive Power for AC Grid Infrastructure

The flexible alternating current transmission systems market is expected to grow at a CAGR of 5.83% during the forecast period. Infineon Technologies AG - a German semiconductor manufacturer, is building its portfolio in flexible alternating current transmission systems (FACTS) that enable robust voltage regulation and that provide compensation of reactive power for AC grid infrastructure.

New FACTS are helping to control active power flow in the grid in order to reduce transmission line overloading. Companies are expanding their revenue streams with static voltage compensators, STATCOM (static synchronous compensator) using voltage source converters and UPFC (unified power flow controllers). In order to boost credibility, stakeholders in the flexible alternating current transmission systems market are increasing the availability of high quality and reliable semcionductor solutions.

flexible alternating current transmission systems market segmentation

Analysts’ Viewpoint

The gradual increase in electricity demand in industrial and commercial sectors is anticipated to generate incremental opportunities for companies in the flexible alternating current transmission systems market. Since conventional FACTS are associated with in-house cyber-attacks, companies should increase R&D in cyber resilient FACTS to increase the situational awareness of cyber activities with visualization. New FACTS capabilities comprise of improved transient and dynamic stability of power transmission networks. Uncontrolled load flows due to the combination of large-scale distributed energy generation and liberalization of end markets have led to the demand for FACTS. FACTS help to effectively maximize existing networks and improve transient & dynamic stability of power transmission networks.

Flexible Alternating Current Transmission Systems Market: Overview

  • According to Transparency Market Research’s latest research report on the global flexible alternating current transmission systems market for the forecast period of 2021 to 2031, rise in investment in the power transmission sector is expected to boost the global flexible alternating current transmission systems market during the forecast period
  • Flexible alternating current transmission systems are used in the transmission sector in the power industry. Increase in demand for electricity and rise in investment in renewable energy are expected to drive the flexible alternating current transmission systems market in the near future.
  • In terms of revenue, the global flexible alternating current transmission systems market is expected to reach US$ 2.28 Bn by 2031, expanding at a CAGR of 5.83% during the forecast period

Expansion of Renewable Power Generation Capacity: Key Driver of Flexible Alternating Current Transmission Systems Market

  • Increase in awareness about green energy and enactment of stringent government rules and regulations on the emission of greenhouse gases and carbon are compelling companies to seek more effective and pollution-free energy generation methods
  • Asia Pacific and Europe are leading regions of the global renewable energy industry. This can be ascribed to the adoption of long-term targets and supportive government policies and measures in these regions. For instance, consumption of renewable energy in the European Union stood at 9% in 2005 and likely to reach 30% by the end of 2030.
  • Rise in number of decentralized renewable energy projects is making it difficult to ensure reliable and stable grid operations. Flexible alternating current transmission systems are the ideal solutions for increasing the reliability of AC grids, as these systems provide stability and boost transmission efficiency. High voltage fluctuations and power failures can be prevented with the help of flexible alternating current transmission systems. These systems also provide optimal utilization of network assets and help manage load-induced disturbances. Thus, growth in power generation from renewable energy is creating opportunities for the global flexible alternating current transmission systems market.
  • Renewable projects are off-grid, and need connection with the national grid system for distribution of power. Flexible alternating current transmission systems are important parts of power distribution and transmission network. Thus, expansion of the renewable power generation capacity is likely to drive the global flexible alternating current transmission systems market during the forecast period.

Rise in Investment in Smart Grid Technology to Augment Flexible Alternating Current Transmission Systems Market

  • Power generation and distribution companies are increasingly relying on the automation process since the past couple of years, as the process provides better monitoring, lowers time, and increases profitability. This trend is expected to rise in the near future due to widespread acceptance of automation among the global power generation and distribution companies.
  • The number of smart grids in North America and Europe has increased significantly over the last few years. Countries in Europe plan to invest around US$ 160 Bn in smart grid infrastructure. The U.S. plans to invest around US$ 110 Bn in the next eight to 10 years in the development of smart grids.
  • Smart grid systems would become more complex to maintain and operate. Smart grid needs adequate control of power flows and grid stability for its operation, especially due to increasing renewable energy power generation. Increase in power flows call for more number of new transmission lines and facilities. Flexible alternating current transmission systems are estimated to play a vital role in the smart grid system, as these systems are better and more effective in line flow control and voltage control. Furthermore, flexible alternating current transmission systems have faster electronics, more intelligence and functionality, better controllability, and advanced communication capability than their counterparts. Thus, growth in investment in smart grids, including that in digitization of substations, smart meeting, and microgrid technologies, is likely to boost the demand for flexible alternating current transmission systems in the near future.

Flexible Alternating Current Transmission Systems Market: Competition Landscape

  • Detailed profiles of manufacturers of flexible alternating current transmission systems have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • The global flexible alternating current transmission systems market is consolidated, with the presence of few national and multinational players
  • Key players operating in the global flexible alternating current transmission systems market are
    • Siemens AG
    • GENERAL ELECTRIC
    • Toshiba International Corporation
    • Mitsubishi Electric Corporation
    • American Superconductor
    • Hitachi ABB Power Grids
    • NR Electric Co., Ltd.
    • Infineon Technologies AG
    • Ingeteam Power Technology, S.A.

Flexible Alternating Current Transmission Systems Market: Key Developments

  • Major providers of flexible alternating current transmission systems, such as Hitachi ABB Power Grids, Siemens AG, GENERAL ELECTRIC, Toshiba International Corporation, and Mitsubishi Electric Corporation, are focusing on geographical expansion to capture untapped markets. Key developments in the global flexible alternating current transmission systems market are highlighted below:
    • On June 11, 2020, Mitsubishi Electric Corporation acquired Sharp Fukuyama Semiconductor Co., Ltd., previously owned by Sharp Corporation, located in Fukuyama, Hiroshima, Japan. The plant would serve as a new manufacturing site for Mitsubishi Electric Corporation. The new production facility, scheduled to start in November 2021, is expected to enable Mitsubishi Electric Corporation to expand its power device business.
    • In May 2018, Toshiba International Corporation announced the addition of HECO, Inc. to its nationwide network of distributors. HECO, Inc. offers the full range of Toshiba electric motors.
  • In the global flexible alternating current transmission systems market report, we have discussed individual strategies, followed by company profiles of manufacturers of flexible alternating current transmission systems. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global flexible alternating current transmission systems market.

Flexible Alternating Current Transmission Systems Market Snapshot

Attribute

Detail

Market Size Value in 2020

US$ 1.24 Bn

Market Forecast Value in 2031

US$ 2.28 Bn

Growth Rate (CAGR)

5.83%

Forecast Period

2021-2031

Quantitative Units

US$ Mn for Value

Market Analysis

It includes cross segment analysis across regions. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market Share Analysis, by Company (2020)
  • Company Profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Compensation Type
    • Shunt Compensation
      • Static VAR Compensation (SVC)
      • Static Synchronous Compensator (STATCOM)
    • Series Compensation
      • Thyristor Series Capacitor
      • Fixed Series Capacitor
    • Combined Compensation
  • Application
    • Voltage Control
    • Power Control
  • End-user
    • Utilities
    • Industrial
    • Others (including Railways)

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

 

Key Countries Covered

  • U.S.
  • Canada
  • Germany
  • France
  • Spain
  • U.K.
  • Russia & CIS
  • China
  • India
  • Japan
  • ASEAN
  • Brazil
  • Mexico
  • GCC Countries
  • South Africa

Key Companies Profiled

  • Hitachi ABB Power Grids,
  • Siemens AG,
  • GENERAL ELECTRIC,
  • Toshiba International Corporation
  • Mitsubishi Electric Corporation

Customization Scope

Available upon Request

Pricing

Available upon Request

Frequently Asked Questions

What is the Flexible Alternating Current Transmission Systems Market Size?

Flexible Alternating Current Transmission Systems Market is expected to Reach US$ 2.28 Bn By 2031

What is the CAGR for Flexible Alternating Current Transmission Systems Market?

Flexible Alternating Current Transmission Systems Market is estimated to rise at a CAGR of 5.83% during forecast period

What are the key factors driving the growth of Flexible Alternating Current Transmission Systems Market?

Increase in demand for electricity and rise in investment in renewable energy is expected to drive the Flexible Alternating Current Transmission Systems Market

Which region is more attractive for vendors in the Flexible Alternating Current Transmission Systems Market?

Asia Pacific and Europe is more attractive for vendors in the Flexible Alternating Current Transmission Systems Market

Who are the key players in the Flexible Alternating Current Transmission Systems Market?

Key players of Flexible Alternating Current Transmission Systems Market are Siemens AG, GENERAL ELECTRIC, Toshiba International Corporation, Mitsubishi Electric Corporation, American Superconductor, Hitachi ABB Power Grids and others

1. Executive Summary

    1.1. Market Outlook

    1.2. Key Facts and Figures

    1.3. Key Trends

    1.4. TMR’s Growth Opportunity Wheel

2. Market Overview

    2.1. Market Segmentation

    2.2. Market Definitions

    2.3. Market Indicators

3. Market Dynamics

    3.1. Drivers and Restraints Snapshot Analysis

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunities

    3.2. Porter’s Five Forces Analysis

        3.2.1. Threat of Substitutes

        3.2.2. Bargaining Power of Buyers

        3.2.3. Bargaining Power of Suppliers

        3.2.4. Threat of New Entrants

        3.2.5. Degree of Competition

    3.3. Regulatory Scenario

    3.4. Value Chain Analysis

        3.4.1. List of System Providers

        3.4.2. List of Potential Customers

4. COVID-19 Impact Analysis

5. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis, by Compensation Type

    5.1. Key Findings and Introduction

    5.2. Global Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Compensation Type, 2020–2031

        5.2.1. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Shunt Compensation, 2020–2031

            5.2.1.1. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Static VAR Compensation (SVC), 2020–2031

            5.2.1.2. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Static Synchronous Compensator (STATCOM), 2020–2031

        5.2.2. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Series Compensation, 2020–2031

            5.2.2.1. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Thyristor Series Capacitor, 2020–2031

            5.2.2.2. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Fixed Series Capacitor, 2020–2031

        5.2.3. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Combined Compensation, 2020–2031

    5.3. Global Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Compensation Type

6. Global Flexible Alternating Current Transmission Systems Market Analysis, by Application

    6.1. Key Findings and Introduction

    6.2. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Application, 2020–2031

        6.2.1. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Voltage Control, 2020–2031

        6.2.2. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Power Control, 2020–2031

    6.3. Global Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Application

7. Global Flexible Alternating Current Transmission Systems Market Analysis, by End-user

    7.1. Key Findings and Introduction

    7.2. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by End-user, 2020–2031

        7.2.1. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Utilities, 2020–2031

        7.2.2. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Industrial, 2020–2031

        7.2.3. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Others, 2020–2031

    7.3. Global Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by End-user

8. Global Flexible Alternating Current Transmission Systems Market Analysis, by Region, 2020–2031

    8.1. Key Findings

    8.2. Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Region, 2020–2031

    8.3. Global Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Region

9. North America Flexible Alternating Current Transmission Systems Market Analysis, 2020–2031

    9.1. Key Findings

    9.2. North America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Compensation Type, 2020–2031

    9.3. North America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Application, 2020–2031

    9.4. North America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by End-user, 2020–2031

    9.5. North America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Country, 2020–2031

        9.5.1. U.S. Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        9.5.2. U.S. Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        9.5.3. U.S. Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        9.5.4. Canada Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        9.5.5. Canada Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        9.5.6. Canada Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

    9.6. North America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Compensation Type

    9.7. North America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Application

    9.8. North America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by End-user

    9.9. North America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Country

10. Europe Flexible Alternating Current Transmission Systems Market Analysis, 2020–2031

    10.1. Key Findings

    10.2. Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Compensation Type, 2020–2031

    10.3. Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Application, 2020–2031

    10.4. Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by End-user, 2020–2031

    10.5. Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2020–2031

        10.5.1. U.K. Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        10.5.2. U.K. Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        10.5.3. U.K. Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        10.5.4. Germany Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        10.5.5. Germany Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        10.5.6. Germany Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        10.5.7. France Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        10.5.8. France Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        10.5.9. France Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        10.5.10. Italy Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        10.5.11. Italy Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        10.5.12. Italy Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        10.5.13. Spain Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        10.5.14. Spain Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        10.5.15. Spain Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        10.5.16. Russia & CIS Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        10.5.17. Russia & CIS Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        10.5.18. Russia & CIS Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        10.5.19. Rest of Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        10.5.20. Rest of Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        10.5.21. Rest of Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

    10.6. Europe Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Compensation Type

    10.7. Europe Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Application

    10.8. Europe Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by End-user

    10.9. Europe Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Country and Sub-region

11. Asia Pacific Flexible Alternating Current Transmission Systems Market Analysis, 2020–2031

    11.1. Key Findings

    11.2. Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Compensation Type, 2020–2031

    11.3. Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Application, 2020–2031

    11.4. Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by End-user, 2020–2031

    11.5. Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2020–2031

        11.5.1. China Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        11.5.2. China Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        11.5.3. China Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        11.5.4. India Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        11.5.5. India Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        11.5.6. India Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        11.5.7. Japan Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        11.5.8. Japan Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        11.5.9. Japan Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        11.5.10. ASEAN Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        11.5.11. ASEAN Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        11.5.12. ASEAN Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        11.5.13. Rest of Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        11.5.14. Rest of Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        11.5.15. Rest of Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

    11.6. Asia Pacific Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Compensation Type

    11.7. Asia Pacific Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Application

    11.8. Asia Pacific Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by End-user

    11.9. Asia Pacific Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Country and Sub-region

12. Latin America Flexible Alternating Current Transmission Systems Market Analysis, 2020–2031

    12.1. Key Findings

    12.2. Latin America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Compensation Type, 2020–2031

    12.3. Latin America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Application, 2020–2031

    12.4. Latin America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by End-user, 2020–2031

        12.4.1. Brazil Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        12.4.2. Brazil Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        12.4.3. Brazil Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        12.4.4. Mexico Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        12.4.5. Mexico Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        12.4.6. Mexico Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        12.4.7. Rest of Latin America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        12.4.8. Rest of Latin America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        12.4.9. Rest of Latin America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

    12.5. Latin America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Compensation Type

    12.6. Latin America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Application

    12.7. Latin America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by End-user

    12.8. Latin America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Country and Sub-region

13. Middle East & Africa Flexible Alternating Current Transmission Systems Market Analysis, 2020–2031

    13.1. Key Findings

    13.2. Middle East & Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Compensation Type, 2020–2031

    13.3. Middle East & Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by Application, 2020–2031

    13.4. Middle East & Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Analysis & Forecast, by End-user, 2020–2031

        13.4.1. GCC Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        13.4.2. GCC Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        13.4.3. GCC Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        13.4.4. South Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        13.4.5. South Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        13.4.6. South Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

        13.4.7. Rest of Middle East & Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

        13.4.8. Rest of Middle East & Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

        13.4.9. Rest of Middle East & Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

    13.5. Middle East & Africa Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Compensation Type

    13.6. Middle East & Africa Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Application

    13.7. Middle East & Africa Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by End-user

    13.8. Middle East & Africa Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Country and Sub-region

14. Competition Landscape

    14.1. Global Flexible Alternating Current Transmission Systems Market Share Analysis, by Company (2020)

    14.2. Company Profiles

        14.2.1. Siemens AG

            14.2.1.1. Company Details

            14.2.1.2. Company Description

            14.2.1.3. Business Overview

            14.2.1.4. Financial Overview

            14.2.1.5. Strategic Overview

        14.2.2. GENERAL ELECTRIC

            14.2.2.1. Company Details

            14.2.2.2. Company Description

            14.2.2.3. Business Overview

            14.2.2.4. Financial Overview

            14.2.2.5. Strategic Overview

        14.2.3. Toshiba International Corporation

            14.2.3.1. Company Details

            14.2.3.2. Company Description

            14.2.3.3. Business Overview

            14.2.3.4. Financial Overview

        14.2.4. Mitsubishi Electric Corporation

            14.2.4.1. Company Details

            14.2.4.2. Company Description

            14.2.4.3. Business Overview

            14.2.4.4. Financial Overview

            14.2.4.5. Strategic Overview

        14.2.5. American Superconductor

            14.2.5.1. Company Details

            14.2.5.2. Company Description

            14.2.5.3. Business Overview

            14.2.5.4. Financial Overview

            14.2.5.5. Strategic Overview

        14.2.6. Hitachi ABB Power Grids

            14.2.6.1. Company Details

            14.2.6.2. Company Description

            14.2.6.3. Business Overview

            14.2.6.4. Financial Overview

            14.2.6.5. Strategic Overview

        14.2.7. NR Electric Co., Ltd.

            14.2.7.1. Company Details

            14.2.7.2. Company Description

            14.2.7.3. Business Overview

        14.2.8. Infineon Technologies AG

            14.2.8.1. Company Details

            14.2.8.2. Company Description

            14.2.8.3. Business Overview

            14.2.8.4. Financial Overview

            14.2.8.5. Strategic Overview

        14.2.9. Maharishi Solar Technology (P) Ltd.

            14.2.9.1. Company Details

            14.2.9.2. Company Description

            14.2.9.3. Business Overview

        14.2.10. Ingeteam Power Technology, S.A.

            14.2.10.1. Company Details

            14.2.10.2. Company Description

            14.2.10.3. Business Overview

15. Primary Research – Key Insights

16. Appendix

    16.1. Research Methodology and Assumptions

List of Tables

Table 1: Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 2: Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 3: Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 4: Global Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Region, 2020–2031

Table 5: North America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Country, 2020–2031

Table 6: North America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 7: North America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 8: North America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 9: U.S. Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 10: U.S. Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 11: U.S. Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 12: Canada Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 13: Canada Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 14: Canada Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 15: Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

Table 16: Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 17: Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 18: Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 19: Germany Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 20: Germany Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 21: Germany Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 22: U.K. Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 23: U.K. Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 24: U.K. Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 25: France Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 26: France Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 27: France Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 28: Italy Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 29: Italy Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 30: Italy Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 31: Spain Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 32: Spain Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 33: Spain Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 34: Russia & CIS Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 35: Russia & CIS Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 36: Russia & CIS Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 37: Rest of Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 38: Rest of Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 39: Rest of Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 40: Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

Table 41: Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 42: Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 43: Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 44: China Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 45: China Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 46: China Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 47: India Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 48: India Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 49: India Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 50: Japan Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 51: Japan Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 52: Japan Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 53: Rest of Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 54: Rest of Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 55: Rest of Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 56: Latin America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

Table 57: Latin America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 58: Latin America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 59: Latin America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 60: Brazil Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 61: Brazil Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 62: Brazil Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 63: Mexico Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 64: Mexico Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 65: Mexico Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 66: Rest of Latin America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 67: Rest of Latin America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 68: Rest of Latin America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 69: Middle East & Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

Table 70: Middle East & Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 71: Middle East & Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 72: Middle East & Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 73: GCC Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 74: GCC Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 75: GCC Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 76: South Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 77: South Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 78: South Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

Table 79: Rest of Middle East & Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Compensation Type, 2020–2031

Table 80: Rest of Middle East & Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 81: Rest of Middle East & Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, by End-user, 2020–2031

List of Figures

Figure 1: Global Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Compensation Type

Figure 2: Global Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Compensation Type

Figure 3: Global Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Application

Figure 4: Global Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Application

Figure 5: Global Flexible Alternating Current Transmission Systems Market Value Share Analysis, by End-user

Figure 6: Global Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by End-user

Figure 7: Global Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Region

Figure 8: Global Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Region

Figure 9: North America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, 2020–2031

Figure 10: North America Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Country, 2020, 2025, and 2031

Figure 11: North America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Country

Figure 12: North America Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Compensation Type

Figure 13: North America Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Application

Figure 14: North America Flexible Alternating Current Transmission Systems Market Value Share Analysis, by End-user

Figure 15: North America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Compensation Type

Figure 16: North America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Application

Figure 17: North America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by End-user

Figure 18: Europe Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, 2020–2031

Figure 19: Europe Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Country and Sub-region, 2020, 2025, and 2031

Figure 20: Europe Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Country and Sub-region

Figure 21: Europe Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Compensation Type

Figure 22: Europe Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Application

Figure 23: Europe Flexible Alternating Current Transmission Systems Market Value Share Analysis, by End-user

Figure 24: Europe Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Compensation Type

Figure 25: Europe Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Application

Figure 26: Europe Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by End-user

Figure 27: Asia Pacific Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, 2020–2031

Figure 28: Asia Pacific Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Country and Sub-region, 2020, 2025, and 2031

Figure 29: Asia Pacific Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Country and Sub-region

Figure 30: Asia Pacific Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Compensation Type

Figure 31: Asia Pacific Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Application

Figure 32: Asia Pacific Flexible Alternating Current Transmission Systems Market Value Share Analysis, by End-user

Figure 33: Asia Pacific Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Compensation Type

Figure 34: Asia Pacific Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Application

Figure 35: Asia Pacific Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by End-user

Figure 36: Latin America Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, 2020–2031

Figure 37: Latin America Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Country and Sub-region, 2020, 2025, and 2031

Figure 38: Latin America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Country and Sub-region

Figure 39: Latin America Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Compensation Type

Figure 40: Latin America Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Application

Figure 41: Latin America Flexible Alternating Current Transmission Systems Market Value Share Analysis, by End-user

Figure 42: Latin America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Compensation Type

Figure 43: Latin America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Application

Figure 44: Latin America Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by End-user

Figure 45: Middle East & Africa Flexible Alternating Current Transmission Systems Market Value (US$ Mn) Forecast, 2020–2031

Figure 46: Middle East & Africa Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Country and Sub-region, 2020, 2025, and 2031

Figure 47: Middle East & Africa Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Country and Sub-region

Figure 48: Middle East & Africa Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Compensation Type

Figure 49: Middle East & Africa Flexible Alternating Current Transmission Systems Market Value Share Analysis, by Application

Figure 50: Middle East & Africa Flexible Alternating Current Transmission Systems Market Value Share Analysis, by End-user

Figure 51: Middle East & Africa Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Compensation Type

Figure 52: Middle East & Africa Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by Application

Figure 53: Middle East & Africa Flexible Alternating Current Transmission Systems Market Attractiveness Analysis, by End-user

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