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
Global FACTS Market Outlook: From STATCOM to Series Compensation
• FACTS devices tend to have wide range of applications in the grid including voltage stability, renewable integration support and dynamic power...
Unveiling Africa’s FACTS Market: A Decade in Review
In recent years, African countries have demonstrated a desire for grid expansion as well as a shift toward renewables, particularly wind and solar,...
CIGRE Conference Impressions – 2022
The CIGRE Paris session, which ended just four weeks ago, was a mix of optimism and anxiety. The conference was attended by more than 9,000...