Flexible AC Transmission Systems Market in 2018 surpassed an annual deployment of 11’000 MVAr and is anticipated achieve over 8% CAGR up to 2025.
With the increasing spread of distributed power generation technology and smart grid networks, installers must adhere to effective power supplies leading the flexible AC transmission system market. With increasing reliance on manufactured products, large suburban migrations have focused on the expansion of residential, commercial and industrial-based electrical networks. In addition, the spread of heavy-duty industrial machinery along with large-scale motor control operations will further increase the product demand.
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Global Flexible AC Transmission Systems Market: Competitive Players
Some of key players in flexible AC transmission systems market are Rongxin, Amazon Web Services, Inc., NComputing Co. LTD., IBM Corporation, GE, Siemens, Ingeteam, AREVA T&D SA, ABB, VMware, Mitsubishi, BHEL, Siemens AG, NR Electric, Eaton Corporation PLC, Infineon, Hyosung, Dell Inc., ABB Ltd., Trench Group, Mitsubishi Electric Corporation, Cisco Systems, Citrix Systems, Inc., HP Development Company, L.P., S&C Electric Company, Square D, and American Electric Power.
This Report Provides Comprehensive Analysis of Market Growth Engine
• Factors Limiting Market Growth
• Current Market Trend
• Market Structure
• Market Outlook for The Next Few Years Flexible AC Transmission Systems Market
Market Segmentations
Flexible AC Transmission Systems Market, by Compensation Type:
• Shunt compensation
• Series compensation
• Combined compensation
Flexible AC Transmission Systems Market, by Generation Type:
• First generation
• Second generation
Functions of Flexible AC Transmission Systems:
• Voltage control
• Network stabilization
• Transmission capacity
• Harmonic suppression
Components of Flexible AC Transmission Systems:
• Power electronics devices
• Phase shifting transformers
• Protection and control systems
Flexible AC Transmission Systems Market, by Application:
• Voltage control
• Power control
Flexible AC Transmission Systems Market, by Vertical:
• Utilities
• Renewables
• Industrial
• Railways
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Flexible AC Transmission Systems Market Report
• What was the Flexible AC Transmission Systems Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Flexible AC Transmission Systems Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Flexible AC Transmission Systems Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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