Flexible AC Transmission (FACT) Systems: Market Research Report

January 2019 | 250 pages | ID: FEA307BFAE5EN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Flexible AC Transmission (FACT) Systems in US$ Thousand by the following Compensation Types: Variable Compensation, and Fixed Compensation. The United States and Canadian markets are further analyzed by the following Compensation Types: Variable Compensation Equipment - Variable Series Compensation (Thyristor Controlled Series Capacitor (TCSC), & Static Synchronous Series Compensator (SSSC)), Variable Shunt Compensation (Static Synchronous Compensator (STATCOM), Static Var Compensator (SVC), & Synchronous Condenser (SC)), Variable Power Flow Controllers (Unified Power Flow Controller (UPFC), Unified Power Quality Controller (UPQC), & Phase Shifting Transformer (PST)); and Fixed Compensation Equipment - Fixed Shunt Capacitors, Fixed Shunt Reactors, and Fixed Series Capacitors.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2016 through 2024.

Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.

Company profiles are primarily based on public domain information including company URLs. The report profiles 14 companies including many key and niche players such as -

• ABB Ltd.
• American Superconductor
• GE Grid Solutions
• Mitsubishi Electric Corporation
• Rongxin Power Engineering
• S&C Electric Company

Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study
Variable Compensation
Fixed Compensation

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW

Transmission & Distribution Networks – A Rudimentary Overview
Power Companies Embracing New Technologies
FACTS – Critical for Efficient Bulk Power Transmission

Table 1. Global Electricity Transmission & Distribution Losses: Percentage Share Breakdown of Countries by Electric Power Transmission and Distribution Losses as a Percentage of Output (includes corresponding Graph/Chart)

Investments in Power Transmission Infrastructure Benefits FACTS Market
Improving Economy Buoys General Market Optimism

Table 2. World Real GDP Growth Rates in % for the Years 2016, 2017 & 2018 by Country (includes corresponding Graph/Chart)

Table 3. World GDP (2016 & 2017): Percentage Breakdown of Nominal GDP Value by Country (includes corresponding Graph/Chart)

Impact of Global Recession in Retrospect
Market Stages Quick Recovery in 2010 and Beyond
Outlook
Developing Regions to Drive Future Growth

2. NOTEWORTHY GROWTH DRIVERS, TRENDS AND ISSUES

Spiraling Electricity Consumption & Subsequent Need for Increasing Electricity Generation & Transmission Creates Demand for FACTS
Opportunity Indicators

Table 4. Global Electricity Consumption in TWh for Years 2000, 2015 & 2030 (includes corresponding Graph/Chart)

Table 5. Global Electricity Consumption (2017E): Percentage Breakdown of Electricity Consumption (billion kWh) for Leading Nations (includes corresponding Graph/Chart)

Table 6. Global Electricity Generation (2009, 2012 and 2015): Yearly Breakdown of Electricity Production (in TWh) (includes corresponding Graph/Chart)

Table 7. Global Electricity Generation (2015): Percentage Breakdown of Electricity Generation (in TWh) by Leading Nations (includes corresponding Graph/Chart)

Table 8. World Electricity Accessibility (2014): Access to Electricity (% Population) by Select Developing Countries (includes corresponding Graph/Chart)

Table 9. Total Population Worldwide by Urban and Rural Population in Thousands: 1950-2050P (includes corresponding Graph/Chart)

Table 10. Estimated Percentage of Urbanization in World, China and India for the Years 2011 and 2018 (includes corresponding Graph/Chart)

Continued Investments in Traditional Fossil Fuel Based Power Projects to Drive Demand for FACTS
Nuclear Power Continues to Find Attention – To Boost Market Prospects
Opportunity Indicators

Table 11. World Market for Nuclear Power Generation (2016, 2018 & 2020): Breakdown of Annual Power Generation in TeraWatt-hours (TWh) by Region/Country (includes corresponding Graph/Chart)

Table 12. Global Fleet of Operating Nuclear Reactors by Country: 2017E (includes corresponding Graph/Chart)

Table 13. Breakdown of Number of Nuclear Reactors in Operation, and Under Construction as of July 2017 in Africa, East Asia, Eastern & Central Europe, Latin America, North America, South Asia & Middle East, and Western Europe (includes corresponding Graph/Chart)

Growing Focus on Renewable Energy Based Power Projects Augurs Well for Market
Opportunity Indicators

Table 14. Global Electricity Supply by Source (2015 & 2040): Percentage Breakdown of Net Delivered Electricity (TWh) for Coal, Natural Gas, Nuclear, Oil, Wind/Solar, and Other Renewables (includes corresponding Graph/Chart)

Table 15. World Installed Base of Wind Energy (in Megawatts) by Geographic Region for Years 2012 & 2017E (includes corresponding Graph/Chart)

Table 16. World Solar Panels Market (2011 & 2017): Breakdown of Annual Dollar Sales in US$ Millions by Region/Country (includes corresponding Graph/Chart)

Soaring Popularity of Distributed Power Generation Approach Powers Growth for FACT Devices
Widespread Smart Grid Implementation Turbo Charges Growth in FACTS Market
Energy Sector Deregulation & Implications for FACTS Market – A Review
Marching from Regulated Monopoly to Deregulation
Rationale Underlying Deregulation
Deregulation: A Double-Edged Knife
Green Power
Implications for FACTS in Electric Utilities
Developing Markets to Lend Traction to Market Growth
Rural Electrification to Lend Traction in Developing Markets
Replacement & Up-gradation of Obsolete Power Systems to Spur Demand for Flexible AC Transmission Equipment
Developed Markets – Key Beneficiaries of Strong Replacement Demand
Increasing Awareness Boosts FACT Equipment Growth
Non-Utility End-User Markets to also Lend Traction to Switchgears Market
Fixed Vs. Variable Compensation Equipment: Price Trends
Growing Importance of Variable Compensation Technologies
Shift towards Variable Shunt Compensation Equipment
Cost Breakdown for FACTS

Table 17. Percentage Share Breakdown of Costs by Component (includes corresponding Graph/Chart)

Technology Advancements & Product Developments to Boost Market Prospects
Customer Loyalty Building: Imperative for Sustenance
Key Market Share Finding

Table 18. World Power Transmission and Distribution (T&D) Equipment Market (2017E): Percentage Breakdown of Revenues by Leading Players (includes corresponding Graph/Chart)

3. PRODUCT OVERVIEW

Flexible Alternating Current Transmission (FACT) Systems – An Introduction
The Technology
Emergence of FACTS – A Boost to Transmission Capacity
FACTS Devices
Based on Compensation Type
Fixed Compensation
Variable Compensation
Based on Voltage Type
High Voltage Devices
Medium Voltage Devices
Based on Connection Mode
Static Volt-Ampere-Reactive Compensators (SVCs)
Synchronous Compensators (STATCOMs)
Series Capacitors
Shunt Capacitors
Shunt Reactors
Thyristor Controlled Series Compensators (TCSCs)
Static Synchronous Series Compensator (SSSC)
Unified Power Flow Controller (UPFC)
Unified Power Quality Conditioner (UPQC)
Methods to Connect FACTS with Power System
Series Compensation
FACTS for series compensation
Thyristor Switched Series Capacitor (TSSC)
Thyristor Controlled Series Capacitor (TCSC)
Static Synchronous Series Compensator (SSSC)
Other Series Compensation
Shunt Compensation
Shunt Capacitive Compensation
Shunt Inductive Compensation
Types of Shunt Compensation
Mechanically Switched Capacitor
Static VAR Compensator
Thyristor Controlled Reactor
Thyristor Switched Capacitor
Static Synchronous Compensator
Benefits of FACTS
Optimized Transmission System Utilization
Maximize Grid Capacity
Maximized System Availability and Reliability
Maximized Supply Quality
Enhanced Grid Stability
Minimized Impact on Environment
Maximize Cost-Benefit Ratio
FACTS Applications
Steady State Applications
FACTS Correcting Steady-State Issues
Improve Load Margin
Improve ATC Value
Optimizing Power Flow
Minimize Congestion
Control Voltage and Reactive Power
Transient and Post Transient State Applications
FACTS Correcting Dynamic Issues
Enhance Transient Stability
Dynamic Control of Voltage for Contingencies
Dampen Oscillation
Eliminate Sub-Synchronous Resonance (SSR)
STATCOMs and SVCs Applications
Limitations of FACTS
Generations of FACTS
First Generation of FACTS (SVC)
First Generation of FACTS (TCSC)
Second Generation of FACTS (STATCOM)
Third Generation of FACTS (UPFC)

4. RECENT INDUSTRY ACTIVITY

Siemens Gets STATCOM Solutions Supply Order from Power Grid Corporation
GE and Alstom Form Joint Venture, Grid Solutions

5. FOCUS ON SELECT PLAYERS

ABB Ltd. (Switzerland)
American Superconductor (USA)
GE Grid Solutions (USA)
Hyosung Power & Industrial Systems Performance Group (South Korea)
Mitsubishi Electric Corporation (Japan)
Rongxin Power Engineering (UK)
S&C Electric Company (USA)
Siemens AG (Germany)
Sieyuan Electric Co., Ltd. (China)
Toshiba Energy Systems & Solutions Corporation (Japan)

6. GLOBAL MARKET PERSPECTIVE

Table 19. World Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 20. World Historic Review for Flexible AC Transmission Systems by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 21. World 14-Year Perspective for Flexible AC Transmission Systems by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

Table 22. World Recent Past, Current & Future Analysis for Variable Compensation Systems by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 23. World Historic Review for Variable Compensation Systems by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 24. World 14-Year Perspective for Variable Compensation Systems by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

Table 25. World Recent Past, Current & Future Analysis for Fixed Compensation Systems by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 26. World Historic Review for Fixed Compensation Systems by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 27. World 14-Year Perspective for Fixed Compensation Systems by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

III. MARKET

1. THE UNITED STATES

A. Market Analysis
Current & Future Analysis
Overview of Transmission & Distribution Market in US
Aging Power Infrastructure in US Primes Opportunity for FACTS Systems
Development of Renewable Energy Farms Offers Opportunity on a Platter

Table 28. U. S Energy Market (2017E): Percentage Breakdown of Net Energy Generated by Source (includes corresponding Graph/Chart)

Shift towards Variable Shunt Compensation Equipment
Key Statistical Findings

Table 29. US Variable Compensation Equipment Market (2017E): Percentage Breakdown of Value Sales by Voltage Type for High Voltage and Medium Voltage (includes corresponding Graph/Chart)

Table 30. US Variable Compensation Equipment Market (2017E): Percentage Breakdown of Value Sales by End-Use Segment for Utility and Industrial (includes corresponding Graph/Chart)

Table 31. US Fixed Compensation Equipment Market (2017E): Percentage Breakdown of Value Sales by End-Use Segment for Utility and Industrial (includes corresponding Graph/Chart)

US Power Dynamics
Bottlenecks – Yet to be Tackled
Strategic Corporate Development
Select Players
B. Market Analytics

Table 32. US Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation {Variable Series Compensation [Thyristor Controlled Series Capacitor (TCSC) and Static Synchronous Series Compensator (SSSC)], Variable Shunt Compensation [Static Synchronous Compensator (STATCOM), Static Var Compensator (SVC) and Synchronous Condenser (SC)], and Variable Power Flow Controllers [Unified Power Flow Controller (UPFC), Unified Power Quality Controller (UPQC) and Phase Shifting Transformer (PST)]} and Fixed Compensation {Fixed Shunt Capacitors, Fixed Shunt Reactors and Fixed Series Capacitors} Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 33. US Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation {Variable Series Compensation [Thyristor Controlled Series Capacitor (TCSC) and Static Synchronous Series Compensator (SSSC)], Variable Shunt Compensation [Static Synchronous Compensator (STATCOM), Static Var Compensator (SVC) and Synchronous Condenser (SC)], and Variable Power Flow Controllers [Unified Power Flow Controller (UPFC), Unified Power Quality Controller (UPQC) and Phase Shifting Transformer (PST)]} and Fixed Compensation {Fixed Shunt Capacitors, Fixed Shunt Reactors and Fixed Series Capacitors} Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 34. US 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation {Variable Series Compensation [Thyristor Controlled Series Capacitor (TCSC) and Static Synchronous Series Compensator (SSSC)], Variable Shunt Compensation [Static Synchronous Compensator (STATCOM), Static Var Compensator (SVC) and Synchronous Condenser (SC)], and Variable Power Flow Controllers [Unified Power Flow Controller (UPFC), Unified Power Quality Controller (UPQC) and Phase Shifting Transformer (PST)]} and Fixed Compensation {Fixed Shunt Capacitors, Fixed Shunt Reactors and Fixed Series Capacitors} Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

2. CANADA

Market Analysis

Table 35. Canadian Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation {Variable Series Compensation [Thyristor Controlled Series Capacitor (TCSC) and Static Synchronous Series Compensator (SSSC)], Variable Shunt Compensation [Static Synchronous Compensator (STATCOM), Static Var Compensator (SVC) and Synchronous Condenser (SC)], and Variable Power Flow Controllers [Unified Power Flow Controller (UPFC), Unified Power Quality Controller (UPQC) and Phase Shifting Transformer (PST)]} and Fixed Compensation {Fixed Shunt Capacitors, Fixed Shunt Reactors and Fixed Series Capacitors} Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 36. Canadian Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation {Variable Series Compensation [Thyristor Controlled Series Capacitor (TCSC) and Static Synchronous Series Compensator (SSSC)], Variable Shunt Compensation [Static Synchronous Compensator (STATCOM), Static Var Compensator (SVC) and Synchronous Condenser (SC)], and Variable Power Flow Controllers [Unified Power Flow Controller (UPFC), Unified Power Quality Controller (UPQC) and Phase Shifting Transformer (PST)]} and Fixed Compensation {Fixed Shunt Capacitors, Fixed Shunt Reactors and Fixed Series Capacitors} Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 37. Canadian 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation {Variable Series Compensation [Thyristor Controlled Series Capacitor (TCSC) and Static Synchronous Series Compensator (SSSC)], Variable Shunt Compensation [Static Synchronous Compensator (STATCOM), Static Var Compensator (SVC) and Synchronous Condenser (SC)], and Variable Power Flow Controllers [Unified Power Flow Controller (UPFC), Unified Power Quality Controller (UPQC) and Phase Shifting Transformer (PST)]} and Fixed Compensation {Fixed Shunt Capacitors, Fixed Shunt Reactors and Fixed Series Capacitors} Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

3. JAPAN

A. Market Analysis
Current & Future Analysis
Key Players
B. Market Analytics

Table 38. Japanese Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 39. Japanese Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 40. Japanese 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

4. EUROPE

A. Market Analysis
Current & Future Analysis
Continued Focus on Renewable Energy Projects to Sustain Demand for FACTS
Euro Debt Crisis Tests FACTS Market in Recent Past
B. Market Analytics

Table 41. European Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Geographic Region - France, Germany, Italy, UK, Spain, Russia, Norway, Poland, and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 42. European Historic Review for Flexible AC Transmission Systems by Geographic Region - France, Germany, Italy, UK, Spain, Russia, Norway, Poland, and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 43. European 14-Year Perspective for Flexible AC Transmission Systems by Geographic Region - Percentage Breakdown of Dollar Sales for France, Germany, Italy, UK, Spain, Russia, Norway, Poland, and Rest of Europe Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

Table 44. European Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 45. European Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 46. European 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

4A. FRANCE

A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 47. French Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 48. French Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 49. French 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

4B. GERMANY

A. Market Analysis
Current & Future Analysis
Overview
Key Player
B. Market Analytics

Table 50. German Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 51. German Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 52. German 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

4C. ITALY

Market Analysis

Table 53. Italian Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 54. Italian Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 55. Italian 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

4D. THE UNITED KINGDOM

A. Market Analysis
Current & Future Analysis
Key Player
B. Market Analytics

Table 56. UK Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 57. UK Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 58. UK 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

4E. SPAIN

Market Analysis

Table 59. Spanish Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 60. Spanish Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 61. Spanish 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

4F. RUSSIA

Market Analysis

Table 62. Russian Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 63. Russian Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 64. Russian 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

4G. NORWAY

Market Analysis

Table 65. Norwegian Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 66. Norwegian Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 67. Norwegian 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

4H. POLAND

Market Analysis

Table 68. Polish Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 69. Polish Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 70. Polish 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

4I. REST OF EUROPE

A. Market Analysis
Select Player
B. Market Analytics

Table 71. Rest of Europe Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 72. Rest of Europe Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 73. Rest of Europe 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

5. ASIA-PACIFIC

A. Market Analysis
Overview
B. Market Analytics

Table 74. Asia-Pacific Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Geographic Region - Australia, China, India, Indonesia, Malaysia and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 75. Asia-Pacific Historic Review for Flexible AC Transmission Systems by Geographic Region - Australia, China, India, Indonesia, Malaysia and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 76. Asia-Pacific 14-Year Perspective for Flexible AC Transmission Systems by Geographic Region - Percentage Breakdown of Dollar Sales for Australia, China, India, Indonesia, Malaysia and Rest of Asia-Pacific Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

Table 77. Asia-Pacific Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 78. Asia-Pacific Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 79. Asia-Pacific 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

5A. AUSTRALIA

Market Analysis

Table 80. Australian Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 81. Australian Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 82. Australian 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

5B. CHINA

A. Market Analysis
Current & Future Analysis
Expansion of Chinese High-Speed Railway Network: An Opportunity for FACTS Deployment
Key Player
B. Market Analytics

Table 83. Chinese Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 84. Chinese Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 85. Chinese 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

5C. INDIA

A. Market Analysis
FACTS Gains Momentum in India
Rural Electrification Projects: Confer Opportunity for FACTS Deployment
Strategic Corporate Development
B. Market Analytics

Table 86. Indian Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 87. Indian Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 88. Indian 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

5D. INDONESIA

Market Analysis

Table 89. Indonesian Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 90. Indonesian Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 91. Indonesian 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

5E. MALAYSIA

Market Analysis

Table 92. Malaysian Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 93. Malaysian Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 94. Malaysian 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

5F. REST OF ASIA-PACIFIC

A. Market Analysis
Current & Future Analysis
Key Player
B. Market Analytics

Table 95. Rest of Asia-Pacific Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 96. Rest of Asia-Pacific Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 97. Rest of Asia-Pacific 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

6. MIDDLE EAST & AFRICA

Market Analysis

Table 98. Middle East & Africa Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Geographic Region - Saudi Arabia, South Africa, UAE and Rest of Middle East & Africa Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 99. Middle East & Africa Historic Review for Flexible AC Transmission Systems by Geographic Region - Saudi Arabia, South Africa, UAE and Rest of Middle East & Africa Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 100. Middle East & Africa 14-Year Perspective for Flexible AC Transmission Systems by Geographic Region - Percentage Breakdown of Dollar Sales for Saudi Arabia, South Africa, UAE and Rest of Middle East & Africa Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

Table 101. Middle East & Africa Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 102. Middle East & Africa Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 103. Middle East & Africa 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

6A. SAUDI ARABIA

Market Analysis

Table 104. Saudi Arabian Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 105. Saudi Arabian Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 106. Saudi Arabian 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

6B. SOUTH AFRICA

Market Analysis

Table 107. South African Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 108. South African Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 109. South African 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

6C. UNITED ARAB EMIRATES

Market Analysis

Table 110. UAE Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 111. UAE Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 112. UAE 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

6D. REST OF MIDDLE EAST & AFRICA

Market Analysis

Table 113. Rest of Middle East & Africa Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 114. Rest of Middle East & Africa Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 115. Rest of Middle East & Africa 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

7. LATIN AMERICA

Market Analysis

Table 116. Latin American Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Geographic Region - Argentina, Brazil, Mexico, Venezuela, and Rest of Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 117. Latin American Historic Review for Flexible AC Transmission Systems by Geographic Region - Argentina, Brazil, Mexico, Venezuela, and Rest of Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 118. Latin American 14-Year Perspective for Flexible AC Transmission Systems by Geographic Region - Percentage Breakdown of Dollar Sales for Argentina, Brazil, Mexico, Venezuela, and Rest of Latin America Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

Table 119. Latin American Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 120. Latin American Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 121. Latin American 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

7A. ARGENTINA

Market Analysis

Table 122. Argentine Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 123. Argentine Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 124. Argentine 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

7B. BRAZIL

Market Analysis

Table 125. Brazilian Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 126. Brazilian Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 127. Brazilian 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

7C. MEXICO

Market Analysis

Table 128. Mexican Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 129. Mexican Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 130. Mexican 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

7D. VENEZUELA

Market Analysis

Table 131. Venezuelan Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 132. Venezuelan Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 133. Venezuelan 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

7E. REST OF LATIN AMERICA

Market Analysis

Table 134. Rest of Latin America Recent Past, Current & Future Analysis for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 135. Rest of Latin America Historic Review for Flexible AC Transmission Systems by Compensation Type - Variable Compensation and Fixed Compensation Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 136. Rest of Latin America 14-Year Perspective for Flexible AC Transmission Systems by Compensation Type - Percentage Breakdown of Dollar Sales for Variable Compensation and Fixed Compensation Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 14 (including Divisions/Subsidiaries - 24)
The United States (5)
Canada (1)
Japan (2)
Europe (8)
  Germany (1)
  The United Kingdom (2)
  Italy (1)
  Rest of Europe (4)
Asia-Pacific (Excluding Japan) (8)