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Global Flexible AC Transmission Systems market Size study, by Compensation Type (Shunt Compensation, Series Compensation, Combined Compensation), by Application (Voltage Control, Power Control,), by Vertical (Utilities, Renewables, Industrial, Railways,), by Generation Type (First Generation, Second Generation,), and Regional Forecasts 2020-2027

August 2020 | 200 pages | ID: G17E3ADD1BF4EN
Bizwit Research & Consulting LLP

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Global Flexible AC Transmission Systems market is valued approximately USD 1.1 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.4 % over the forecast period 2020-2027. Flexible AC transmission system provides dynamic support for reactive power, improves system reliability, and actual and reactive power controls. This ensures smooth machine operation and increases device efficiency. The Flexible AC Transmission Systems market is driven by the growing benefits offered by the FACTS market, growth in transmission lines, increased usage of renewable energy in power grids, and increased demand for STATCOM voltage control devices. Global transmission investment spending is gradually growing, from 82 billion USD in 2016 to 87 billion USD in 2018. Renewable energy generation and large-scale interconnection projects are responsible for this rise. In addition, investments in long-distance and large-capacity transmission lines accounted for approximately USD 45 billion of the 2017 transmission budget. The initial costs of installing FACTS are relatively high, hence most industries and utility players are reluctant to implement this technology. The comparatively high initial cost expenditure over its counterparts serves as a constraint in the worldwide dissemination of FACTS. However, the high initial implementation costs are expected to restrict demand growth over the forecast period

The regional analysis of Flexible AC Transmission Systems market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Growth in transmission lines, growing utilization of renewable energy into power grids, Rising demand for STATCOM devices for voltage control. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the market is projected to report the highest CAGE over the forecast period, owing to increased government spending on smart grids building and increased investment in electricity generation through renewable energy resources. Furthermore, investments are planned in high-speed trains from developing countries expected to offer lucrative opportunities for Flexible AC Transmission System market across Asia-Pacific region.

Major market player included in this report are:
ABB (Hitachi)
Rongxin Power Engineering Ltd (RXPE)
SIEMENS
General Electric (GE)
Mitsubishi Electric
American Superconductor
Infineon
NR Electric
Hyosung Heavy Industries
Ingeteam Power Technology

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Compensation Type:
Shunt Compensation
Series Compensation
Combined Compensation
By Application:
Voltage Control
Power Control

By Vertical:
Utilities
Renewables
Industrial
Railways

By Generation Type:
First Generation
Second Generation
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Flexible AC Transmission Systems market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
  1.2.1. Flexible AC Transmission Systems market, by Region, 2018-2026 (USD Billion)
  1.2.2. Flexible AC Transmission Systems market, by Compensation Type,2018-2026 (USD Billion)
  1.2.3. Flexible AC Transmission Systems market, by Application, 2018-2026 (USD Billion)
  1.2.4. Flexible AC Transmission Systems market, by Generation Type, 2018-2026 (USD Billion)
  1.2.5. Flexible AC Transmission Systems market, by Vertical, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET DYNAMICS

3.1. Flexible AC Transmission Systems market Impact Analysis (2018-2026)
  3.1.1. Market Drivers
  3.1.2. Market Challenges
  3.1.3. Market Opportunities

CHAPTER 4. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, BY COMPENSATION TYPE

5.1. Market Snapshot
5.2. Global Flexible AC Transmission Systems market by Compensation Type, Performance - Potential Analysis
5.3. Global Flexible AC Transmission Systems market Estimates & Forecasts by Compensation Type 2016-2026 (USD Billion)
5.4. Flexible AC Transmission Systems market, Sub Segment Analysis
  5.4.1. Introduction
  5.4.2. Shunt Compensation
  5.4.3. Series Compensation
  5.4.4. Combined Compensation

CHAPTER 6. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global Flexible AC Transmission Systems market by Application, Performance - Potential Analysis
6.3. Global Flexible AC Transmission Systems market Estimates & Forecasts by Application 2016-2026 (USD Billion)
6.4. Flexible AC Transmission Systems market, Sub Segment Analysis
  6.4.1. Introduction
  6.4.2. Voltage Control
  6.4.3. Power Control

CHAPTER 7. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, BY VERTICAL

7.1. Market Snapshot
7.2. Global Flexible AC Transmission Systems market by Vertical, Performance - Potential Analysis
7.3. Global Flexible AC Transmission Systems market Estimates & Forecasts by Vertical 2016-2026 (USD Billion)
7.4. Flexible AC Transmission Systems market, Sub Segment Analysis
  7.4.1. Introduction
  7.4.2. Utilities
  7.4.3. Renewables
  7.4.4. Industrial
  7.4.5. Railways

CHAPTER 8. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, BY GENERATION TYPE

8.1. Market Snapshot
8.2. Global Flexible AC Transmission Systems market by Generation Type, Performance - Potential Analysis
8.3. Global Flexible AC Transmission Systems market Estimates & Forecasts by Generation Type 2016-2026 (USD Billion)
8.4. Flexible AC Transmission Systems market, Sub Segment Analysis
  8.4.1. Introduction
  8.4.2. First Generation
  8.4.3. Second Generation

CHAPTER 9. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, REGIONAL ANALYSIS

9.1. Flexible AC Transmission Systems market, Regional Market Snapshot
9.2. North America Flexible AC Transmission Systems market
  9.2.1. U.S. Flexible AC Transmission Systems market
    9.2.1.1. Compensation Type breakdown estimates & forecasts, 2016-2026
    9.2.1.2. Application breakdown estimates & forecasts, 2016-2026
    9.2.1.3. Vertical breakdown estimates & forecasts, 2016-2026
    9.2.1.4. Generation Type breakdown estimates & forecasts, 2016-2026
  9.2.2. Canada Flexible AC Transmission Systems market
9.3. Europe Flexible AC Transmission Systems market Snapshot
  9.3.1. U.K. Flexible AC Transmission Systems market
  9.3.2. Germany Flexible AC Transmission Systems market
  9.3.3. Rest of Europe Flexible AC Transmission Systems market
9.4. Asia-Pacific Flexible AC Transmission Systems market Snapshot
  9.4.1. China Flexible AC Transmission Systems market
  9.4.2. India Flexible AC Transmission Systems market
  9.4.3. Japan Flexible AC Transmission Systems market
  9.4.4. Rest of Asia Pacific Flexible AC Transmission Systems market
9.5. Latin America Flexible AC Transmission Systems market Snapshot
  9.5.1. Brazil Flexible AC Transmission Systems market
  9.5.2. Mexico Flexible AC Transmission Systems market
9.6. Rest of The World Flexible AC Transmission Systems market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. ABB (Hitachi)
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Rongxin Power Engineering Ltd (RXPE)
  10.2.3. SIEMENS
  10.2.4. General Electric (GE)
  10.2.5. Mitsubishi Electric
  10.2.6. American Superconductor
  10.2.7. Infineon
  10.2.8. NR Electric
  10.2.9. Hyosung Heavy Industries
  10.2.10. Ingeteam Power Technology

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET
TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET
TABLE 3. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, REPORT SCOPE
TABLE 4. YEARS CONSIDERED FOR THE STUDY
TABLE 5. EXCHANGE RATES CONSIDERED
TABLE 6. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY REGION 2016-2026 (USD BILLION)
TABLE 7. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY PRODUCT TYPE 2016-2026 (USD BILLION)
TABLE 8. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY PRODUCT DESIGN 2016-2026 (USD BILLION)
TABLE 9. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 10. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 11. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 12. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 13. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 14. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 15. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 16. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 17. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 18. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 19. U.S. FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 20. U.S. FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 21. U.S. FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 22. CANADA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 23. CANADA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 24. CANADA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 25. UK FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 26. UK FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 27. UK FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 28. GERMANY FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 29. GERMANY FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 30. GERMANY FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 31. ROE FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 32. ROE FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 33. ROE FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 34. CHINA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 35. CHINA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 36. CHINA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 37. INDIA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 38. INDIA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 39. INDIA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 40. JAPAN FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 41. JAPAN FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 42. JAPAN FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 43. ROAPAC FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 44. ROAPAC FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 45. ROAPAC FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 46. BRAZIL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 47. BRAZIL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 48. BRAZIL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 49. MEXICO FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 50. MEXICO FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 51. MEXICO FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 52. ROLA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 53. ROLA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 54. ROLA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 55. ROW FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 56. ROW FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 57. ROW FLEXIBLE AC TRANSMISSION SYSTEMS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

LIST OF FIGURES

FIG 1. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, RESEARCH METHODOLOGY
FIG 2. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, MARKET ESTIMATION TECHNIQUES
FIG 3. GLOBAL MARKET SIZE ESTIMATES & FORECAST METHODS
FIG 4. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, KEY TRENDS 2019
FIG 5. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, GROWTH PROSPECTS 2020-2026
FIG 6. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, PORTERS 5 FORCE MODEL
FIG 7. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, PEST ANALYSIS
FIG 8. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, VALUE CHAIN ANALYSIS
FIG 9. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 10. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 11. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 12. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 13. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 14. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, REGIONAL SNAPSHOT 2016 & 2026
FIG 15. NORTH AMERICA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET 2016 & 2026 (USD BILLION)
FIG 16. EUROPE FLEXIBLE AC TRANSMISSION SYSTEMS MARKET 2016 & 2026 (USD BILLION)
FIG 17. ASIA PACIFIC FLEXIBLE AC TRANSMISSION SYSTEMS MARKET 2016 & 2026 (USD BILLION)
FIG 18. LATIN AMERICA FLEXIBLE AC TRANSMISSION SYSTEMS MARKET 2016 & 2026 (USD BILLION)
FIG 19. GLOBAL FLEXIBLE AC TRANSMISSION SYSTEMS MARKET, COMPANY MARKET SHARE ANALYSIS (2019)












COMPANIES MENTIONED

ABB (Hitachi)
Rongxin Power Engineering Ltd (RXPE)
SIEMENS
General Electric (GE)
Mitsubishi Electric
American Superconductor
Infineon
NR Electric
Hyosung Heavy Industries
Ingeteam Power Technology


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