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Flexible AC Transmission System Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War

Best Price Guarantee Length Publisher Published Date SKU
from $2,299 123 Pages Prodture January, 2024 PROD18482526
Best Price Guarantee
Price from $2,299
Length 123 Pages
Publisher Prodture
Published Date January, 2024
SKU PROD18482526

Flexible AC Transmission System Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War


The global flexible AC transmission system market is expected to grow at a CAGR of around 5.8% during 2024-2033. This report on global flexible AC transmission system market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global flexible AC transmission system market by segmenting the market based on compensation type, controller, application and region. Also, detailed profiles of companies operating in the flexible AC transmission system market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Increasing Advancement of Electric Power Transmission System

Market Challenges

• High Initial Costs

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Compensation Type

• Series compensation
• Shunt compensation
• Combined Series-Shunt Compensation

Market by Controller

• Static Synchronous Compensator (STATCOM)
• Static VAR Compensator (SVC)
• Unified Power Flow Controller (UPFC)
• Thyristor Controlled Series Compensator (TCSC)
• Other Controller

Market by Industry

• Oil and Gas
• Electric Utility
• Railways
• Other Applications

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa


1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global Flexible AC Transmission System Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global Flexible AC Transmission System Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Flexible AC Transmission System Market by Compensation Type
5.1. Introduction
5.2. Series compensation
5.3. Shunt compensation
5.4. Combined Series-Shunt Compensation
6. Global Flexible AC Transmission System Market by Controller
6.1. Introduction
6.2. Static Synchronous Compensator (STATCOM)
6.3. Static VAR Compensator (SVC)
6.4. Unified Power Flow Controller (UPFC)
6.5. Thyristor Controlled Series Compensator (TCSC)
6.6. Other Controllers
7. Global Flexible AC Transmission System Market by Industry
7.1. Introduction
7.2. Oil and Gas
7.3. Electric Utility
7.4. Railways
7.5. Other Applications
8. Global Flexible AC Transmission System Market by Region
8.1. Introduction
8.2. Europe
8.2.1. Germany
8.2.2. United Kingdom
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Russia
8.2.7. Netherlands
8.2.8. Rest of the Europe
8.3. North America
8.3.1. United States
8.3.2. Canada
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Rest of the Asia Pacific
8.5. Latin America
8.5.1. Mexico
8.5.2. Brazil
8.5.3. Argentina
8.5.4. Rest of Latin America
8.6. Middle East & Africa
8.6.1. Saudi Arabia
8.6.2. Turkey
8.6.3. Iran
8.6.4. United Arab Emirates
8.6.5. Rest of Middle East & Africa
9. SWOT Analysis
10. Porter’s Five Forces
11. Market Value Chain Analysis
12. Competitive Landscape
12.1. Competitive Scenario
12.2. Company Profiles
12.2.1. ABB Ltd.
12.2.2. Adani Power Ltd
12.2.3. Alstom SA
12.2.4. CG Power and Industrial Solutions Limited.
12.2.5. Eaton Corporation
12.2.6. General Electric
12.2.7. Hitachi ABB Power Grids.
12.2.8. Hyosung Corporation.
12.2.9. Mitsubishi Electric Corporation
12.2.10. NR Electric Co., Ltd.
12.2.11. Siemens AG
12.2.12. Toshiba International Corporation
List of Figures
Figure 1: Global Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 2: Global Flexible AC Transmission System Market by Compensation Type, 2023
Figure 3: Global Flexible AC Transmission System Market by Controller, 2023
Figure 4: Global Flexible AC Transmission System Market by Industry, 2023
Figure 5: Global Flexible AC Transmission System Market by Region, 2023
Figure 6: Global Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 7: Global Flexible AC Transmission System Market by Compensation Type (in %), 2023 & 2033
Figure 8: Global Series Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 9: Global Series Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 10: Global Shunt Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 11: Global Shunt Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 12: Global Combined Series-Shunt Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 13: Global Combined Series-Shunt Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 14: Global Flexible AC Transmission System Market by Controller (in %), 2023 & 2033
Figure 15: Global Static Synchronous Compensator (STATCOM) Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 16: Global Static Synchronous Compensator (STATCOM) Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 17: Global Static VAR Compensator (SVC) Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 18: Global Static VAR Compensator (SVC) Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 19: Global Unified Power Flow Controller (UPFC) Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 20: Global Unified Power Flow Controller (UPFC) Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 21: Global Thyristor Controlled Series Compensator (TCSC) Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 22: Global Thyristor Controlled Series Compensator (TCSC) Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 23: Global Other Controllers Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 24: Global Other Controllers Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 25: Global Flexible AC Transmission System Market by Industry (in %), 2023 & 2033
Figure 26: Global Oil and Gas Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 27: Global Oil and Gas Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 28: Global Electric Utility Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 29: Global Electric Utility Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 30: Global Railways Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 31: Global Railways Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 32: Global Other Applications Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 33: Global Other Applications Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 34: Global Flexible AC Transmission System Market by Region (in %), 2023 & 2033
Figure 35: Europe Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 36: Europe Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 37: Europe Flexible AC Transmission System Market by Country (in %), 2023 & 2033
Figure 38: Germany Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 39: United Kingdom Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 40: France Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 41: Italy Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 42: Spain Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 43: Russia Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 44: Netherlands Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 45: North America Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 46: North America Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 47: North America Flexible AC Transmission System Market by Country (in %), 2023 & 2033
Figure 48: United States Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 49: Canada Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 50: Asia Pacific Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 51: Asia Pacific Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 52: Asia Pacific Flexible AC Transmission System Market by Country (in %), 2023 & 2033
Figure 53: China Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 54: Japan Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 55: India Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 56: South Korea Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 57: Australia Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 58: Indonesia Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 59: Latin America Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 60: Latin America Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 61: Latin America Flexible AC Transmission System Market by Country (in %), 2023 & 2033
Figure 62: Mexico Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 63: Brazil Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 64: Argentina Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 65: Middle East & Africa Flexible AC Transmission System Market (in US$ Million), 2019-2023
Figure 66: Middle East & Africa Flexible AC Transmission System Market (in US$ Million), 2024-2033
Figure 67: Middle East & Africa Flexible AC Transmission System Market by Country (in %), 2023 & 2033
Figure 68: Saudi Arabia Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 69: Turkey Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 70: Iran Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 71: UAE Flexible AC Transmission System Market (in US$ Million), 2019-2033
Figure 72: Market Value Chain
List of Tables
Table 1: Global Flexible AC Transmission System Market Portraiture
Table 2: Global Flexible AC Transmission System Market by Compensation Type (in US$ Million), 2023 & 2033
Table 3: Global Flexible AC Transmission System Market by Controller (in US$ Million), 2023 & 2033
Table 4: Global Flexible AC Transmission System Market by Industry (in US$ Million), 2023 & 2033
Table 5: Global Flexible AC Transmission System Market by Region (in US$ Million), 2023 & 2033
Table 6: Europe Flexible AC Transmission System Market by Country (in US$ Million), 2023 & 2033
Table 7: North America Flexible AC Transmission System Market by Country (in US$ Million), 2023 & 2033
Table 8: Asia Pacific Flexible AC Transmission System Market by Country (in US$ Million), 2023 & 2033
Table 9: Latin America Flexible AC Transmission System Market by Country (in US$ Million), 2023 & 2033
Table 10: Middle East & Africa Flexible AC Transmission System Market by Country (in US$ Million),
2023 & 2033
Table 11: List of Key Players

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