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
Energy Transition to Rely on STATCOMs in Germany
• Germany is one of the leading countries in Europe in terms of adoption of renewable energy and has made significant effort over the years in order...
Short Term Outlook of the European FACTS Market
The market for Flexible AC Transmission Company (FACTS) is experiencing a remarkable upsurge in growth, primarily due to the escalating adoption of...
Carbon Capture, Storage and Utilization: Transforming Emissions into Solutions
• CCUS technologies involve capturing CO2 emissions from industrial processes, utilizing it in various ways, and storing it permanently...