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
COP28: Climate Concerns to Address in 2023
From flash flooding to heat waves, each progressing year is a reminder that climate change is no longer a threat that looms on the horizon, but...
COP28’s Global Stocktake: A Pivotal Undertaking?
The global stocktake, a quinquennial undertaking, functions as a meticulous inventory of worldwide initiatives in climate action and support, with...
COP28: Balancing Hope and Skepticism in Climate Talks
The Conference of the Parties (COP) is the primary decision-making body of the United Nations Framework Convention on Climate Change (UNFCCC). This...