Global FACTS Devices Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global FACTS Devices market size was valued at US$ 1569 million in 2024 and is forecast to a readjusted size of USD 2312 million by 2031 with a CAGR of 5.8% during review period.

Flexible alternating current transmission system (FACTS) is static equipment used for the AC transmission of electrical energy. It is meant to enhance controllability and increase power transfer capability.

Global key players of FACTS devices include Hitachi ABB Power Grids, Siemens, etc. Global top 4 companies hold a share about 30%. Asia Pacific is the largest market, with a share over 60%, followed by Europe and North America with the share about 20% and 10%. In terms of product, SVG is the largest segment, with a share over 50%. And in terms of application, the largest application is metallurgy and steel, with a share about 30%.

This report is a detailed and comprehensive analysis for global FACTS Devices market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global FACTS Devices market size and forecasts, in consumption value ($ Million), 2020-2031

Global FACTS Devices market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global FACTS Devices market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global FACTS Devices market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for FACTS Devices

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global FACTS Devices market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hitachi ABB Power Grids, Siemens, Mitsubishi Electric, Liaoning Rongxin Xingye Power Technology Co.,Ltd, GE, FGI, Toshiba, Taikai Power Electronic Co.,Ltd, Sieyuan Electric Co., Ltd, Hyosung, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

FACTS Devices market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
SVC
SVG

Market segment by Application
Metallurgy and Steel
Mining
New Energy
Chemical
Transportation
Others

Market segment by players, this report covers
Hitachi ABB Power Grids
Siemens
Mitsubishi Electric
Liaoning Rongxin Xingye Power Technology Co.,Ltd
GE
FGI
Toshiba
Taikai Power Electronic Co.,Ltd
Sieyuan Electric Co., Ltd
Hyosung
NR Electric Co., Ltd
AMSC

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe FACTS Devices product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of FACTS Devices, with revenue, gross margin, and global market share of FACTS Devices from 2020 to 2025.

Chapter 3, the FACTS Devices competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and FACTS Devices market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of FACTS Devices.

Chapter 13, to describe FACTS Devices research findings and conclusion.