APAC presents a significant market opportunity for numerous Flexible AC Transmission Systems (FACTS) devices for key T&D OEMs. The region can further be segmented into the Chinese market and rest of the APAC market, due to varying regional market dynamics. In the past five years, APAC has led the FACTS market in terms of MVAr addition. From a demand standpoint, the region has deployed hundreds of FACTS devices in the past and plans to install more in the future.
Flexible AC Transmission Service Overview
The research presented in this article is from PTR's Flexible AC Transmission service. For information about this service please submit a request shown below.
Contact Sales:
Europe
+49-89-12250950
Americas
+1 408-604-0522
Japan
+81-80-7808-1378
GCC/Rest of APAC
+971-58-1602441
More about our:
Flexible AC Transmission Systems Market Research
Recent Insights
Impact of US Elections On Global Energy Market
Joe Biden, a Democrat, is the apparent winner of the U.S. Presidential race as a result of elections held on November 3rd, 2020. Recent elections...
Demystifying China’s Power Grid
Introduction China is deepening energy cooperation, boosting power infrastructure development under its ‘One Belt One Road’ (OBOR) initiative with...
Global Series Compensation Market (2015-2019) – FACTS Infographic
Introduction In order to fully integrate renewable energy sources, such as wind and solar, into the transmission system, additional capacity must be...