Global FACTS Devices Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global FACTS Devices Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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Published Date: 02 Jan 2024

Category: Machinery & Equipment

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

According to our (Global Info Research) latest study, the global FACTS Devices market size was valued at USD 1474.2 million in 2023 and is forecast to a readjusted size of USD 2165.4 million by 2030 with a CAGR of 5.6% during review period.

Flexible alternating current transmission system (FACTS) is static equipment used for the AC transmission of electrical energy. It is meant to enhance controllability and increase power transfer capability.

Global key players of FACTS devices include Hitachi ABB Power Grids, Siemens, etc. Global top 4 companies hold a share about 30%. Asia Pacific is the largest market, with a share over 60%, followed by Europe and North America with the share about 20% and 10%. In terms of product, SVG is the largest segment, with a share over 50%. And in terms of application, the largest application is metallurgy and steel, with a share about 30%.

The Global Info Research report includes an overview of the development of the FACTS Devices industry chain, the market status of Metallurgy and Steel (SVC, SVG), Mining (SVC, SVG), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of FACTS Devices.

Regionally, the report analyzes the FACTS Devices markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global FACTS Devices market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the FACTS Devices market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the FACTS Devices industry.

The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., SVC, SVG).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the FACTS Devices market.

Regional Analysis: The report involves examining the FACTS Devices market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the FACTS Devices market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to FACTS Devices:
Company Analysis: Report covers individual FACTS Devices players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards FACTS Devices This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Metallurgy and Steel, Mining).

Technology Analysis: Report covers specific technologies relevant to FACTS Devices. It assesses the current state, advancements, and potential future developments in FACTS Devices areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the FACTS Devices market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation
FACTS Devices market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
SVC
SVG

Market segment by Application
Metallurgy and Steel
Mining
New Energy
Chemical
Transportation
Others

Market segment by players, this report covers
Hitachi ABB Power Grids
Siemens
Mitsubishi Electric
Liaoning Rongxin Xingye Power Technology Co.,Ltd
GE
FGI
Toshiba
Taikai Power Electronic Co.,Ltd
Sieyuan Electric Co., Ltd
Hyosung
NR Electric Co., Ltd
AMSC

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe FACTS Devices product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of FACTS Devices, with revenue, gross margin and global market share of FACTS Devices from 2019 to 2024.
Chapter 3, the FACTS Devices competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and FACTS Devices market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of FACTS Devices.
Chapter 13, to describe FACTS Devices research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of FACTS Devices
1.2 Market Estimation Caveats and Base Year
1.3 Classification of FACTS Devices by Type
1.3.1 Overview: Global FACTS Devices Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global FACTS Devices Consumption Value Market Share by Type in 2023
1.3.3 SVC
1.3.4 SVG
1.4 Global FACTS Devices Market by Application
1.4.1 Overview: Global FACTS Devices Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Metallurgy and Steel
1.4.3 Mining
1.4.4 New Energy
1.4.5 Chemical
1.4.6 Transportation
1.4.7 Others
1.5 Global FACTS Devices Market Size & Forecast
1.6 Global FACTS Devices Market Size and Forecast by Region
1.6.1 Global FACTS Devices Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global FACTS Devices Market Size by Region, (2019-2030)
1.6.3 North America FACTS Devices Market Size and Prospect (2019-2030)
1.6.4 Europe FACTS Devices Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific FACTS Devices Market Size and Prospect (2019-2030)
1.6.6 South America FACTS Devices Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa FACTS Devices Market Size and Prospect (2019-2030)

2 Company Profiles
2.1 Hitachi ABB Power Grids
2.1.1 Hitachi ABB Power Grids Details
2.1.2 Hitachi ABB Power Grids Major Business
2.1.3 Hitachi ABB Power Grids FACTS Devices Product and Solutions
2.1.4 Hitachi ABB Power Grids FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Hitachi ABB Power Grids Recent Developments and Future Plans
2.2 Siemens
2.2.1 Siemens Details
2.2.2 Siemens Major Business
2.2.3 Siemens FACTS Devices Product and Solutions
2.2.4 Siemens FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Siemens Recent Developments and Future Plans
2.3 Mitsubishi Electric
2.3.1 Mitsubishi Electric Details
2.3.2 Mitsubishi Electric Major Business
2.3.3 Mitsubishi Electric FACTS Devices Product and Solutions
2.3.4 Mitsubishi Electric FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Mitsubishi Electric Recent Developments and Future Plans
2.4 Liaoning Rongxin Xingye Power Technology Co.,Ltd
2.4.1 Liaoning Rongxin Xingye Power Technology Co.,Ltd Details
2.4.2 Liaoning Rongxin Xingye Power Technology Co.,Ltd Major Business
2.4.3 Liaoning Rongxin Xingye Power Technology Co.,Ltd FACTS Devices Product and Solutions
2.4.4 Liaoning Rongxin Xingye Power Technology Co.,Ltd FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Liaoning Rongxin Xingye Power Technology Co.,Ltd Recent Developments and Future Plans
2.5 GE
2.5.1 GE Details
2.5.2 GE Major Business
2.5.3 GE FACTS Devices Product and Solutions
2.5.4 GE FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 GE Recent Developments and Future Plans
2.6 FGI
2.6.1 FGI Details
2.6.2 FGI Major Business
2.6.3 FGI FACTS Devices Product and Solutions
2.6.4 FGI FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 FGI Recent Developments and Future Plans
2.7 Toshiba
2.7.1 Toshiba Details
2.7.2 Toshiba Major Business
2.7.3 Toshiba FACTS Devices Product and Solutions
2.7.4 Toshiba FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Toshiba Recent Developments and Future Plans
2.8 Taikai Power Electronic Co.,Ltd
2.8.1 Taikai Power Electronic Co.,Ltd Details
2.8.2 Taikai Power Electronic Co.,Ltd Major Business
2.8.3 Taikai Power Electronic Co.,Ltd FACTS Devices Product and Solutions
2.8.4 Taikai Power Electronic Co.,Ltd FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Taikai Power Electronic Co.,Ltd Recent Developments and Future Plans
2.9 Sieyuan Electric Co., Ltd
2.9.1 Sieyuan Electric Co., Ltd Details
2.9.2 Sieyuan Electric Co., Ltd Major Business
2.9.3 Sieyuan Electric Co., Ltd FACTS Devices Product and Solutions
2.9.4 Sieyuan Electric Co., Ltd FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Sieyuan Electric Co., Ltd Recent Developments and Future Plans
2.10 Hyosung
2.10.1 Hyosung Details
2.10.2 Hyosung Major Business
2.10.3 Hyosung FACTS Devices Product and Solutions
2.10.4 Hyosung FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Hyosung Recent Developments and Future Plans
2.11 NR Electric Co., Ltd
2.11.1 NR Electric Co., Ltd Details
2.11.2 NR Electric Co., Ltd Major Business
2.11.3 NR Electric Co., Ltd FACTS Devices Product and Solutions
2.11.4 NR Electric Co., Ltd FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 NR Electric Co., Ltd Recent Developments and Future Plans
2.12 AMSC
2.12.1 AMSC Details
2.12.2 AMSC Major Business
2.12.3 AMSC FACTS Devices Product and Solutions
2.12.4 AMSC FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 AMSC Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global FACTS Devices Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of FACTS Devices by Company Revenue
3.2.2 Top 3 FACTS Devices Players Market Share in 2023
3.2.3 Top 6 FACTS Devices Players Market Share in 2023
3.3 FACTS Devices Market: Overall Company Footprint Analysis
3.3.1 FACTS Devices Market: Region Footprint
3.3.2 FACTS Devices Market: Company Product Type Footprint
3.3.3 FACTS Devices Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global FACTS Devices Consumption Value and Market Share by Type (2019-2024)
4.2 Global FACTS Devices Market Forecast by Type (2025-2030)

5 Market Size Segment by Application
5.1 Global FACTS Devices Consumption Value Market Share by Application (2019-2024)
5.2 Global FACTS Devices Market Forecast by Application (2025-2030)

6 North America
6.1 North America FACTS Devices Consumption Value by Type (2019-2030)
6.2 North America FACTS Devices Consumption Value by Application (2019-2030)
6.3 North America FACTS Devices Market Size by Country
6.3.1 North America FACTS Devices Consumption Value by Country (2019-2030)
6.3.2 United States FACTS Devices Market Size and Forecast (2019-2030)
6.3.3 Canada FACTS Devices Market Size and Forecast (2019-2030)
6.3.4 Mexico FACTS Devices Market Size and Forecast (2019-2030)

7 Europe
7.1 Europe FACTS Devices Consumption Value by Type (2019-2030)
7.2 Europe FACTS Devices Consumption Value by Application (2019-2030)
7.3 Europe FACTS Devices Market Size by Country
7.3.1 Europe FACTS Devices Consumption Value by Country (2019-2030)
7.3.2 Germany FACTS Devices Market Size and Forecast (2019-2030)
7.3.3 France FACTS Devices Market Size and Forecast (2019-2030)
7.3.4 United Kingdom FACTS Devices Market Size and Forecast (2019-2030)
7.3.5 Russia FACTS Devices Market Size and Forecast (2019-2030)
7.3.6 Italy FACTS Devices Market Size and Forecast (2019-2030)

8 Asia-Pacific
8.1 Asia-Pacific FACTS Devices Consumption Value by Type (2019-2030)
8.2 Asia-Pacific FACTS Devices Consumption Value by Application (2019-2030)
8.3 Asia-Pacific FACTS Devices Market Size by Region
8.3.1 Asia-Pacific FACTS Devices Consumption Value by Region (2019-2030)
8.3.2 China FACTS Devices Market Size and Forecast (2019-2030)
8.3.3 Japan FACTS Devices Market Size and Forecast (2019-2030)
8.3.4 South Korea FACTS Devices Market Size and Forecast (2019-2030)
8.3.5 India FACTS Devices Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia FACTS Devices Market Size and Forecast (2019-2030)
8.3.7 Australia FACTS Devices Market Size and Forecast (2019-2030)

9 South America
9.1 South America FACTS Devices Consumption Value by Type (2019-2030)
9.2 South America FACTS Devices Consumption Value by Application (2019-2030)
9.3 South America FACTS Devices Market Size by Country
9.3.1 South America FACTS Devices Consumption Value by Country (2019-2030)
9.3.2 Brazil FACTS Devices Market Size and Forecast (2019-2030)
9.3.3 Argentina FACTS Devices Market Size and Forecast (2019-2030)

10 Middle East & Africa
10.1 Middle East & Africa FACTS Devices Consumption Value by Type (2019-2030)
10.2 Middle East & Africa FACTS Devices Consumption Value by Application (2019-2030)
10.3 Middle East & Africa FACTS Devices Market Size by Country
10.3.1 Middle East & Africa FACTS Devices Consumption Value by Country (2019-2030)
10.3.2 Turkey FACTS Devices Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia FACTS Devices Market Size and Forecast (2019-2030)
10.3.4 UAE FACTS Devices Market Size and Forecast (2019-2030)

11 Market Dynamics
11.1 FACTS Devices Market Drivers
11.2 FACTS Devices Market Restraints
11.3 FACTS Devices Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry

12 Industry Chain Analysis
12.1 FACTS Devices Industry Chain
12.2 FACTS Devices Upstream Analysis
12.3 FACTS Devices Midstream Analysis
12.4 FACTS Devices Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global FACTS Devices Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Table 2. Global FACTS Devices Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
Table 3. Global FACTS Devices Consumption Value by Region (2019-2024) & (USD Million)
Table 4. Global FACTS Devices Consumption Value by Region (2025-2030) & (USD Million)
Table 5. Hitachi ABB Power Grids Company Information, Head Office, and Major Competitors
Table 6. Hitachi ABB Power Grids Major Business
Table 7. Hitachi ABB Power Grids FACTS Devices Product and Solutions
Table 8. Hitachi ABB Power Grids FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 9. Hitachi ABB Power Grids Recent Developments and Future Plans
Table 10. Siemens Company Information, Head Office, and Major Competitors
Table 11. Siemens Major Business
Table 12. Siemens FACTS Devices Product and Solutions
Table 13. Siemens FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 14. Siemens Recent Developments and Future Plans
Table 15. Mitsubishi Electric Company Information, Head Office, and Major Competitors
Table 16. Mitsubishi Electric Major Business
Table 17. Mitsubishi Electric FACTS Devices Product and Solutions
Table 18. Mitsubishi Electric FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 19. Mitsubishi Electric Recent Developments and Future Plans
Table 20. Liaoning Rongxin Xingye Power Technology Co.,Ltd Company Information, Head Office, and Major Competitors
Table 21. Liaoning Rongxin Xingye Power Technology Co.,Ltd Major Business
Table 22. Liaoning Rongxin Xingye Power Technology Co.,Ltd FACTS Devices Product and Solutions
Table 23. Liaoning Rongxin Xingye Power Technology Co.,Ltd FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 24. Liaoning Rongxin Xingye Power Technology Co.,Ltd Recent Developments and Future Plans
Table 25. GE Company Information, Head Office, and Major Competitors
Table 26. GE Major Business
Table 27. GE FACTS Devices Product and Solutions
Table 28. GE FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 29. GE Recent Developments and Future Plans
Table 30. FGI Company Information, Head Office, and Major Competitors
Table 31. FGI Major Business
Table 32. FGI FACTS Devices Product and Solutions
Table 33. FGI FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 34. FGI Recent Developments and Future Plans
Table 35. Toshiba Company Information, Head Office, and Major Competitors
Table 36. Toshiba Major Business
Table 37. Toshiba FACTS Devices Product and Solutions
Table 38. Toshiba FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 39. Toshiba Recent Developments and Future Plans
Table 40. Taikai Power Electronic Co.,Ltd Company Information, Head Office, and Major Competitors
Table 41. Taikai Power Electronic Co.,Ltd Major Business
Table 42. Taikai Power Electronic Co.,Ltd FACTS Devices Product and Solutions
Table 43. Taikai Power Electronic Co.,Ltd FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 44. Taikai Power Electronic Co.,Ltd Recent Developments and Future Plans
Table 45. Sieyuan Electric Co., Ltd Company Information, Head Office, and Major Competitors
Table 46. Sieyuan Electric Co., Ltd Major Business
Table 47. Sieyuan Electric Co., Ltd FACTS Devices Product and Solutions
Table 48. Sieyuan Electric Co., Ltd FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 49. Sieyuan Electric Co., Ltd Recent Developments and Future Plans
Table 50. Hyosung Company Information, Head Office, and Major Competitors
Table 51. Hyosung Major Business
Table 52. Hyosung FACTS Devices Product and Solutions
Table 53. Hyosung FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 54. Hyosung Recent Developments and Future Plans
Table 55. NR Electric Co., Ltd Company Information, Head Office, and Major Competitors
Table 56. NR Electric Co., Ltd Major Business
Table 57. NR Electric Co., Ltd FACTS Devices Product and Solutions
Table 58. NR Electric Co., Ltd FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 59. NR Electric Co., Ltd Recent Developments and Future Plans
Table 60. AMSC Company Information, Head Office, and Major Competitors
Table 61. AMSC Major Business
Table 62. AMSC FACTS Devices Product and Solutions
Table 63. AMSC FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 64. AMSC Recent Developments and Future Plans
Table 65. Global FACTS Devices Revenue (USD Million) by Players (2019-2024)
Table 66. Global FACTS Devices Revenue Share by Players (2019-2024)
Table 67. Breakdown of FACTS Devices by Company Type (Tier 1, Tier 2, and Tier 3)
Table 68. Market Position of Players in FACTS Devices, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
Table 69. Head Office of Key FACTS Devices Players
Table 70. FACTS Devices Market: Company Product Type Footprint
Table 71. FACTS Devices Market: Company Product Application Footprint
Table 72. FACTS Devices New Market Entrants and Barriers to Market Entry
Table 73. FACTS Devices Mergers, Acquisition, Agreements, and Collaborations
Table 74. Global FACTS Devices Consumption Value (USD Million) by Type (2019-2024)
Table 75. Global FACTS Devices Consumption Value Share by Type (2019-2024)
Table 76. Global FACTS Devices Consumption Value Forecast by Type (2025-2030)
Table 77. Global FACTS Devices Consumption Value by Application (2019-2024)
Table 78. Global FACTS Devices Consumption Value Forecast by Application (2025-2030)
Table 79. North America FACTS Devices Consumption Value by Type (2019-2024) & (USD Million)
Table 80. North America FACTS Devices Consumption Value by Type (2025-2030) & (USD Million)
Table 81. North America FACTS Devices Consumption Value by Application (2019-2024) & (USD Million)
Table 82. North America FACTS Devices Consumption Value by Application (2025-2030) & (USD Million)
Table 83. North America FACTS Devices Consumption Value by Country (2019-2024) & (USD Million)
Table 84. North America FACTS Devices Consumption Value by Country (2025-2030) & (USD Million)
Table 85. Europe FACTS Devices Consumption Value by Type (2019-2024) & (USD Million)
Table 86. Europe FACTS Devices Consumption Value by Type (2025-2030) & (USD Million)
Table 87. Europe FACTS Devices Consumption Value by Application (2019-2024) & (USD Million)
Table 88. Europe FACTS Devices Consumption Value by Application (2025-2030) & (USD Million)
Table 89. Europe FACTS Devices Consumption Value by Country (2019-2024) & (USD Million)
Table 90. Europe FACTS Devices Consumption Value by Country (2025-2030) & (USD Million)
Table 91. Asia-Pacific FACTS Devices Consumption Value by Type (2019-2024) & (USD Million)
Table 92. Asia-Pacific FACTS Devices Consumption Value by Type (2025-2030) & (USD Million)
Table 93. Asia-Pacific FACTS Devices Consumption Value by Application (2019-2024) & (USD Million)
Table 94. Asia-Pacific FACTS Devices Consumption Value by Application (2025-2030) & (USD Million)
Table 95. Asia-Pacific FACTS Devices Consumption Value by Region (2019-2024) & (USD Million)
Table 96. Asia-Pacific FACTS Devices Consumption Value by Region (2025-2030) & (USD Million)
Table 97. South America FACTS Devices Consumption Value by Type (2019-2024) & (USD Million)
Table 98. South America FACTS Devices Consumption Value by Type (2025-2030) & (USD Million)
Table 99. South America FACTS Devices Consumption Value by Application (2019-2024) & (USD Million)
Table 100. South America FACTS Devices Consumption Value by Application (2025-2030) & (USD Million)
Table 101. South America FACTS Devices Consumption Value by Country (2019-2024) & (USD Million)
Table 102. South America FACTS Devices Consumption Value by Country (2025-2030) & (USD Million)
Table 103. Middle East & Africa FACTS Devices Consumption Value by Type (2019-2024) & (USD Million)
Table 104. Middle East & Africa FACTS Devices Consumption Value by Type (2025-2030) & (USD Million)
Table 105. Middle East & Africa FACTS Devices Consumption Value by Application (2019-2024) & (USD Million)
Table 106. Middle East & Africa FACTS Devices Consumption Value by Application (2025-2030) & (USD Million)
Table 107. Middle East & Africa FACTS Devices Consumption Value by Country (2019-2024) & (USD Million)
Table 108. Middle East & Africa FACTS Devices Consumption Value by Country (2025-2030) & (USD Million)
Table 109. FACTS Devices Raw Material
Table 110. Key Suppliers of FACTS Devices Raw Materials
List of Figures
Figure 1. FACTS Devices Picture
Figure 2. Global FACTS Devices Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 3. Global FACTS Devices Consumption Value Market Share by Type in 2023
Figure 4. SVC
Figure 5. SVG
Figure 6. Global FACTS Devices Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 7. FACTS Devices Consumption Value Market Share by Application in 2023
Figure 8. Metallurgy and Steel Picture
Figure 9. Mining Picture
Figure 10. New Energy Picture
Figure 11. Chemical Picture
Figure 12. Transportation Picture
Figure 13. Others Picture
Figure 14. Global FACTS Devices Consumption Value, (USD Million): 2019 & 2023 & 2030
Figure 15. Global FACTS Devices Consumption Value and Forecast (2019-2030) & (USD Million)
Figure 16. Global Market FACTS Devices Consumption Value (USD Million) Comparison by Region (2019 & 2023 & 2030)
Figure 17. Global FACTS Devices Consumption Value Market Share by Region (2019-2030)
Figure 18. Global FACTS Devices Consumption Value Market Share by Region in 2023
Figure 19. North America FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 20. Europe FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 21. Asia-Pacific FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 22. South America FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 23. Middle East and Africa FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 24. Global FACTS Devices Revenue Share by Players in 2023
Figure 25. FACTS Devices Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2023
Figure 26. Global Top 3 Players FACTS Devices Market Share in 2023
Figure 27. Global Top 6 Players FACTS Devices Market Share in 2023
Figure 28. Global FACTS Devices Consumption Value Share by Type (2019-2024)
Figure 29. Global FACTS Devices Market Share Forecast by Type (2025-2030)
Figure 30. Global FACTS Devices Consumption Value Share by Application (2019-2024)
Figure 31. Global FACTS Devices Market Share Forecast by Application (2025-2030)
Figure 32. North America FACTS Devices Consumption Value Market Share by Type (2019-2030)
Figure 33. North America FACTS Devices Consumption Value Market Share by Application (2019-2030)
Figure 34. North America FACTS Devices Consumption Value Market Share by Country (2019-2030)
Figure 35. United States FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 36. Canada FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 37. Mexico FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 38. Europe FACTS Devices Consumption Value Market Share by Type (2019-2030)
Figure 39. Europe FACTS Devices Consumption Value Market Share by Application (2019-2030)
Figure 40. Europe FACTS Devices Consumption Value Market Share by Country (2019-2030)
Figure 41. Germany FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 42. France FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 43. United Kingdom FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 44. Russia FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 45. Italy FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 46. Asia-Pacific FACTS Devices Consumption Value Market Share by Type (2019-2030)
Figure 47. Asia-Pacific FACTS Devices Consumption Value Market Share by Application (2019-2030)
Figure 48. Asia-Pacific FACTS Devices Consumption Value Market Share by Region (2019-2030)
Figure 49. China FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 50. Japan FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 51. South Korea FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 52. India FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 53. Southeast Asia FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 54. Australia FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 55. South America FACTS Devices Consumption Value Market Share by Type (2019-2030)
Figure 56. South America FACTS Devices Consumption Value Market Share by Application (2019-2030)
Figure 57. South America FACTS Devices Consumption Value Market Share by Country (2019-2030)
Figure 58. Brazil FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 59. Argentina FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 60. Middle East and Africa FACTS Devices Consumption Value Market Share by Type (2019-2030)
Figure 61. Middle East and Africa FACTS Devices Consumption Value Market Share by Application (2019-2030)
Figure 62. Middle East and Africa FACTS Devices Consumption Value Market Share by Country (2019-2030)
Figure 63. Turkey FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 64. Saudi Arabia FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 65. UAE FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 66. FACTS Devices Market Drivers
Figure 67. FACTS Devices Market Restraints
Figure 68. FACTS Devices Market Trends
Figure 69. Porters Five Forces Analysis
Figure 70. Manufacturing Cost Structure Analysis of FACTS Devices in 2023
Figure 71. Manufacturing Process Analysis of FACTS Devices
Figure 72. FACTS Devices Industrial Chain
Figure 73. Methodology
Figure 74. Research Process and Data Source
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Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

  • yuan01
    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

  • yuan01
    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Hitachi ABB Power Grids
Siemens
Mitsubishi Electric
Liaoning Rongxin Xingye Power Technology Co.,Ltd
GE
FGI
Toshiba
Taikai Power Electronic Co.,Ltd
Sieyuan Electric Co., Ltd
Hyosung
NR Electric Co., Ltd
AMSC
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Global FACTS Devices Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global FACTS Devices Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Page: 109

Published Date: 02 Jan 2024

Category: Machinery & Equipment

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Description

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Description

According to our (Global Info Research) latest study, the global FACTS Devices market size was valued at USD 1474.2 million in 2023 and is forecast to a readjusted size of USD 2165.4 million by 2030 with a CAGR of 5.6% during review period.

Flexible alternating current transmission system (FACTS) is static equipment used for the AC transmission of electrical energy. It is meant to enhance controllability and increase power transfer capability.

Global key players of FACTS devices include Hitachi ABB Power Grids, Siemens, etc. Global top 4 companies hold a share about 30%. Asia Pacific is the largest market, with a share over 60%, followed by Europe and North America with the share about 20% and 10%. In terms of product, SVG is the largest segment, with a share over 50%. And in terms of application, the largest application is metallurgy and steel, with a share about 30%.

The Global Info Research report includes an overview of the development of the FACTS Devices industry chain, the market status of Metallurgy and Steel (SVC, SVG), Mining (SVC, SVG), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of FACTS Devices.

Regionally, the report analyzes the FACTS Devices markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global FACTS Devices market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the FACTS Devices market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the FACTS Devices industry.

The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., SVC, SVG).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the FACTS Devices market.

Regional Analysis: The report involves examining the FACTS Devices market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the FACTS Devices market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to FACTS Devices:
Company Analysis: Report covers individual FACTS Devices players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards FACTS Devices This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Metallurgy and Steel, Mining).

Technology Analysis: Report covers specific technologies relevant to FACTS Devices. It assesses the current state, advancements, and potential future developments in FACTS Devices areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the FACTS Devices market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation
FACTS Devices market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
SVC
SVG

Market segment by Application
Metallurgy and Steel
Mining
New Energy
Chemical
Transportation
Others

Market segment by players, this report covers
Hitachi ABB Power Grids
Siemens
Mitsubishi Electric
Liaoning Rongxin Xingye Power Technology Co.,Ltd
GE
FGI
Toshiba
Taikai Power Electronic Co.,Ltd
Sieyuan Electric Co., Ltd
Hyosung
NR Electric Co., Ltd
AMSC

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe FACTS Devices product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of FACTS Devices, with revenue, gross margin and global market share of FACTS Devices from 2019 to 2024.
Chapter 3, the FACTS Devices competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and FACTS Devices market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of FACTS Devices.
Chapter 13, to describe FACTS Devices research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of FACTS Devices
1.2 Market Estimation Caveats and Base Year
1.3 Classification of FACTS Devices by Type
1.3.1 Overview: Global FACTS Devices Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global FACTS Devices Consumption Value Market Share by Type in 2023
1.3.3 SVC
1.3.4 SVG
1.4 Global FACTS Devices Market by Application
1.4.1 Overview: Global FACTS Devices Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Metallurgy and Steel
1.4.3 Mining
1.4.4 New Energy
1.4.5 Chemical
1.4.6 Transportation
1.4.7 Others
1.5 Global FACTS Devices Market Size & Forecast
1.6 Global FACTS Devices Market Size and Forecast by Region
1.6.1 Global FACTS Devices Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global FACTS Devices Market Size by Region, (2019-2030)
1.6.3 North America FACTS Devices Market Size and Prospect (2019-2030)
1.6.4 Europe FACTS Devices Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific FACTS Devices Market Size and Prospect (2019-2030)
1.6.6 South America FACTS Devices Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa FACTS Devices Market Size and Prospect (2019-2030)

2 Company Profiles
2.1 Hitachi ABB Power Grids
2.1.1 Hitachi ABB Power Grids Details
2.1.2 Hitachi ABB Power Grids Major Business
2.1.3 Hitachi ABB Power Grids FACTS Devices Product and Solutions
2.1.4 Hitachi ABB Power Grids FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Hitachi ABB Power Grids Recent Developments and Future Plans
2.2 Siemens
2.2.1 Siemens Details
2.2.2 Siemens Major Business
2.2.3 Siemens FACTS Devices Product and Solutions
2.2.4 Siemens FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Siemens Recent Developments and Future Plans
2.3 Mitsubishi Electric
2.3.1 Mitsubishi Electric Details
2.3.2 Mitsubishi Electric Major Business
2.3.3 Mitsubishi Electric FACTS Devices Product and Solutions
2.3.4 Mitsubishi Electric FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Mitsubishi Electric Recent Developments and Future Plans
2.4 Liaoning Rongxin Xingye Power Technology Co.,Ltd
2.4.1 Liaoning Rongxin Xingye Power Technology Co.,Ltd Details
2.4.2 Liaoning Rongxin Xingye Power Technology Co.,Ltd Major Business
2.4.3 Liaoning Rongxin Xingye Power Technology Co.,Ltd FACTS Devices Product and Solutions
2.4.4 Liaoning Rongxin Xingye Power Technology Co.,Ltd FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Liaoning Rongxin Xingye Power Technology Co.,Ltd Recent Developments and Future Plans
2.5 GE
2.5.1 GE Details
2.5.2 GE Major Business
2.5.3 GE FACTS Devices Product and Solutions
2.5.4 GE FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 GE Recent Developments and Future Plans
2.6 FGI
2.6.1 FGI Details
2.6.2 FGI Major Business
2.6.3 FGI FACTS Devices Product and Solutions
2.6.4 FGI FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 FGI Recent Developments and Future Plans
2.7 Toshiba
2.7.1 Toshiba Details
2.7.2 Toshiba Major Business
2.7.3 Toshiba FACTS Devices Product and Solutions
2.7.4 Toshiba FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Toshiba Recent Developments and Future Plans
2.8 Taikai Power Electronic Co.,Ltd
2.8.1 Taikai Power Electronic Co.,Ltd Details
2.8.2 Taikai Power Electronic Co.,Ltd Major Business
2.8.3 Taikai Power Electronic Co.,Ltd FACTS Devices Product and Solutions
2.8.4 Taikai Power Electronic Co.,Ltd FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Taikai Power Electronic Co.,Ltd Recent Developments and Future Plans
2.9 Sieyuan Electric Co., Ltd
2.9.1 Sieyuan Electric Co., Ltd Details
2.9.2 Sieyuan Electric Co., Ltd Major Business
2.9.3 Sieyuan Electric Co., Ltd FACTS Devices Product and Solutions
2.9.4 Sieyuan Electric Co., Ltd FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Sieyuan Electric Co., Ltd Recent Developments and Future Plans
2.10 Hyosung
2.10.1 Hyosung Details
2.10.2 Hyosung Major Business
2.10.3 Hyosung FACTS Devices Product and Solutions
2.10.4 Hyosung FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Hyosung Recent Developments and Future Plans
2.11 NR Electric Co., Ltd
2.11.1 NR Electric Co., Ltd Details
2.11.2 NR Electric Co., Ltd Major Business
2.11.3 NR Electric Co., Ltd FACTS Devices Product and Solutions
2.11.4 NR Electric Co., Ltd FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 NR Electric Co., Ltd Recent Developments and Future Plans
2.12 AMSC
2.12.1 AMSC Details
2.12.2 AMSC Major Business
2.12.3 AMSC FACTS Devices Product and Solutions
2.12.4 AMSC FACTS Devices Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 AMSC Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global FACTS Devices Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of FACTS Devices by Company Revenue
3.2.2 Top 3 FACTS Devices Players Market Share in 2023
3.2.3 Top 6 FACTS Devices Players Market Share in 2023
3.3 FACTS Devices Market: Overall Company Footprint Analysis
3.3.1 FACTS Devices Market: Region Footprint
3.3.2 FACTS Devices Market: Company Product Type Footprint
3.3.3 FACTS Devices Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global FACTS Devices Consumption Value and Market Share by Type (2019-2024)
4.2 Global FACTS Devices Market Forecast by Type (2025-2030)

5 Market Size Segment by Application
5.1 Global FACTS Devices Consumption Value Market Share by Application (2019-2024)
5.2 Global FACTS Devices Market Forecast by Application (2025-2030)

6 North America
6.1 North America FACTS Devices Consumption Value by Type (2019-2030)
6.2 North America FACTS Devices Consumption Value by Application (2019-2030)
6.3 North America FACTS Devices Market Size by Country
6.3.1 North America FACTS Devices Consumption Value by Country (2019-2030)
6.3.2 United States FACTS Devices Market Size and Forecast (2019-2030)
6.3.3 Canada FACTS Devices Market Size and Forecast (2019-2030)
6.3.4 Mexico FACTS Devices Market Size and Forecast (2019-2030)

7 Europe
7.1 Europe FACTS Devices Consumption Value by Type (2019-2030)
7.2 Europe FACTS Devices Consumption Value by Application (2019-2030)
7.3 Europe FACTS Devices Market Size by Country
7.3.1 Europe FACTS Devices Consumption Value by Country (2019-2030)
7.3.2 Germany FACTS Devices Market Size and Forecast (2019-2030)
7.3.3 France FACTS Devices Market Size and Forecast (2019-2030)
7.3.4 United Kingdom FACTS Devices Market Size and Forecast (2019-2030)
7.3.5 Russia FACTS Devices Market Size and Forecast (2019-2030)
7.3.6 Italy FACTS Devices Market Size and Forecast (2019-2030)

8 Asia-Pacific
8.1 Asia-Pacific FACTS Devices Consumption Value by Type (2019-2030)
8.2 Asia-Pacific FACTS Devices Consumption Value by Application (2019-2030)
8.3 Asia-Pacific FACTS Devices Market Size by Region
8.3.1 Asia-Pacific FACTS Devices Consumption Value by Region (2019-2030)
8.3.2 China FACTS Devices Market Size and Forecast (2019-2030)
8.3.3 Japan FACTS Devices Market Size and Forecast (2019-2030)
8.3.4 South Korea FACTS Devices Market Size and Forecast (2019-2030)
8.3.5 India FACTS Devices Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia FACTS Devices Market Size and Forecast (2019-2030)
8.3.7 Australia FACTS Devices Market Size and Forecast (2019-2030)

9 South America
9.1 South America FACTS Devices Consumption Value by Type (2019-2030)
9.2 South America FACTS Devices Consumption Value by Application (2019-2030)
9.3 South America FACTS Devices Market Size by Country
9.3.1 South America FACTS Devices Consumption Value by Country (2019-2030)
9.3.2 Brazil FACTS Devices Market Size and Forecast (2019-2030)
9.3.3 Argentina FACTS Devices Market Size and Forecast (2019-2030)

10 Middle East & Africa
10.1 Middle East & Africa FACTS Devices Consumption Value by Type (2019-2030)
10.2 Middle East & Africa FACTS Devices Consumption Value by Application (2019-2030)
10.3 Middle East & Africa FACTS Devices Market Size by Country
10.3.1 Middle East & Africa FACTS Devices Consumption Value by Country (2019-2030)
10.3.2 Turkey FACTS Devices Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia FACTS Devices Market Size and Forecast (2019-2030)
10.3.4 UAE FACTS Devices Market Size and Forecast (2019-2030)

11 Market Dynamics
11.1 FACTS Devices Market Drivers
11.2 FACTS Devices Market Restraints
11.3 FACTS Devices Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry

12 Industry Chain Analysis
12.1 FACTS Devices Industry Chain
12.2 FACTS Devices Upstream Analysis
12.3 FACTS Devices Midstream Analysis
12.4 FACTS Devices Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global FACTS Devices Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Table 2. Global FACTS Devices Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
Table 3. Global FACTS Devices Consumption Value by Region (2019-2024) & (USD Million)
Table 4. Global FACTS Devices Consumption Value by Region (2025-2030) & (USD Million)
Table 5. Hitachi ABB Power Grids Company Information, Head Office, and Major Competitors
Table 6. Hitachi ABB Power Grids Major Business
Table 7. Hitachi ABB Power Grids FACTS Devices Product and Solutions
Table 8. Hitachi ABB Power Grids FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 9. Hitachi ABB Power Grids Recent Developments and Future Plans
Table 10. Siemens Company Information, Head Office, and Major Competitors
Table 11. Siemens Major Business
Table 12. Siemens FACTS Devices Product and Solutions
Table 13. Siemens FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 14. Siemens Recent Developments and Future Plans
Table 15. Mitsubishi Electric Company Information, Head Office, and Major Competitors
Table 16. Mitsubishi Electric Major Business
Table 17. Mitsubishi Electric FACTS Devices Product and Solutions
Table 18. Mitsubishi Electric FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 19. Mitsubishi Electric Recent Developments and Future Plans
Table 20. Liaoning Rongxin Xingye Power Technology Co.,Ltd Company Information, Head Office, and Major Competitors
Table 21. Liaoning Rongxin Xingye Power Technology Co.,Ltd Major Business
Table 22. Liaoning Rongxin Xingye Power Technology Co.,Ltd FACTS Devices Product and Solutions
Table 23. Liaoning Rongxin Xingye Power Technology Co.,Ltd FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 24. Liaoning Rongxin Xingye Power Technology Co.,Ltd Recent Developments and Future Plans
Table 25. GE Company Information, Head Office, and Major Competitors
Table 26. GE Major Business
Table 27. GE FACTS Devices Product and Solutions
Table 28. GE FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 29. GE Recent Developments and Future Plans
Table 30. FGI Company Information, Head Office, and Major Competitors
Table 31. FGI Major Business
Table 32. FGI FACTS Devices Product and Solutions
Table 33. FGI FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 34. FGI Recent Developments and Future Plans
Table 35. Toshiba Company Information, Head Office, and Major Competitors
Table 36. Toshiba Major Business
Table 37. Toshiba FACTS Devices Product and Solutions
Table 38. Toshiba FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 39. Toshiba Recent Developments and Future Plans
Table 40. Taikai Power Electronic Co.,Ltd Company Information, Head Office, and Major Competitors
Table 41. Taikai Power Electronic Co.,Ltd Major Business
Table 42. Taikai Power Electronic Co.,Ltd FACTS Devices Product and Solutions
Table 43. Taikai Power Electronic Co.,Ltd FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 44. Taikai Power Electronic Co.,Ltd Recent Developments and Future Plans
Table 45. Sieyuan Electric Co., Ltd Company Information, Head Office, and Major Competitors
Table 46. Sieyuan Electric Co., Ltd Major Business
Table 47. Sieyuan Electric Co., Ltd FACTS Devices Product and Solutions
Table 48. Sieyuan Electric Co., Ltd FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 49. Sieyuan Electric Co., Ltd Recent Developments and Future Plans
Table 50. Hyosung Company Information, Head Office, and Major Competitors
Table 51. Hyosung Major Business
Table 52. Hyosung FACTS Devices Product and Solutions
Table 53. Hyosung FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 54. Hyosung Recent Developments and Future Plans
Table 55. NR Electric Co., Ltd Company Information, Head Office, and Major Competitors
Table 56. NR Electric Co., Ltd Major Business
Table 57. NR Electric Co., Ltd FACTS Devices Product and Solutions
Table 58. NR Electric Co., Ltd FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 59. NR Electric Co., Ltd Recent Developments and Future Plans
Table 60. AMSC Company Information, Head Office, and Major Competitors
Table 61. AMSC Major Business
Table 62. AMSC FACTS Devices Product and Solutions
Table 63. AMSC FACTS Devices Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 64. AMSC Recent Developments and Future Plans
Table 65. Global FACTS Devices Revenue (USD Million) by Players (2019-2024)
Table 66. Global FACTS Devices Revenue Share by Players (2019-2024)
Table 67. Breakdown of FACTS Devices by Company Type (Tier 1, Tier 2, and Tier 3)
Table 68. Market Position of Players in FACTS Devices, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
Table 69. Head Office of Key FACTS Devices Players
Table 70. FACTS Devices Market: Company Product Type Footprint
Table 71. FACTS Devices Market: Company Product Application Footprint
Table 72. FACTS Devices New Market Entrants and Barriers to Market Entry
Table 73. FACTS Devices Mergers, Acquisition, Agreements, and Collaborations
Table 74. Global FACTS Devices Consumption Value (USD Million) by Type (2019-2024)
Table 75. Global FACTS Devices Consumption Value Share by Type (2019-2024)
Table 76. Global FACTS Devices Consumption Value Forecast by Type (2025-2030)
Table 77. Global FACTS Devices Consumption Value by Application (2019-2024)
Table 78. Global FACTS Devices Consumption Value Forecast by Application (2025-2030)
Table 79. North America FACTS Devices Consumption Value by Type (2019-2024) & (USD Million)
Table 80. North America FACTS Devices Consumption Value by Type (2025-2030) & (USD Million)
Table 81. North America FACTS Devices Consumption Value by Application (2019-2024) & (USD Million)
Table 82. North America FACTS Devices Consumption Value by Application (2025-2030) & (USD Million)
Table 83. North America FACTS Devices Consumption Value by Country (2019-2024) & (USD Million)
Table 84. North America FACTS Devices Consumption Value by Country (2025-2030) & (USD Million)
Table 85. Europe FACTS Devices Consumption Value by Type (2019-2024) & (USD Million)
Table 86. Europe FACTS Devices Consumption Value by Type (2025-2030) & (USD Million)
Table 87. Europe FACTS Devices Consumption Value by Application (2019-2024) & (USD Million)
Table 88. Europe FACTS Devices Consumption Value by Application (2025-2030) & (USD Million)
Table 89. Europe FACTS Devices Consumption Value by Country (2019-2024) & (USD Million)
Table 90. Europe FACTS Devices Consumption Value by Country (2025-2030) & (USD Million)
Table 91. Asia-Pacific FACTS Devices Consumption Value by Type (2019-2024) & (USD Million)
Table 92. Asia-Pacific FACTS Devices Consumption Value by Type (2025-2030) & (USD Million)
Table 93. Asia-Pacific FACTS Devices Consumption Value by Application (2019-2024) & (USD Million)
Table 94. Asia-Pacific FACTS Devices Consumption Value by Application (2025-2030) & (USD Million)
Table 95. Asia-Pacific FACTS Devices Consumption Value by Region (2019-2024) & (USD Million)
Table 96. Asia-Pacific FACTS Devices Consumption Value by Region (2025-2030) & (USD Million)
Table 97. South America FACTS Devices Consumption Value by Type (2019-2024) & (USD Million)
Table 98. South America FACTS Devices Consumption Value by Type (2025-2030) & (USD Million)
Table 99. South America FACTS Devices Consumption Value by Application (2019-2024) & (USD Million)
Table 100. South America FACTS Devices Consumption Value by Application (2025-2030) & (USD Million)
Table 101. South America FACTS Devices Consumption Value by Country (2019-2024) & (USD Million)
Table 102. South America FACTS Devices Consumption Value by Country (2025-2030) & (USD Million)
Table 103. Middle East & Africa FACTS Devices Consumption Value by Type (2019-2024) & (USD Million)
Table 104. Middle East & Africa FACTS Devices Consumption Value by Type (2025-2030) & (USD Million)
Table 105. Middle East & Africa FACTS Devices Consumption Value by Application (2019-2024) & (USD Million)
Table 106. Middle East & Africa FACTS Devices Consumption Value by Application (2025-2030) & (USD Million)
Table 107. Middle East & Africa FACTS Devices Consumption Value by Country (2019-2024) & (USD Million)
Table 108. Middle East & Africa FACTS Devices Consumption Value by Country (2025-2030) & (USD Million)
Table 109. FACTS Devices Raw Material
Table 110. Key Suppliers of FACTS Devices Raw Materials
List of Figures
Figure 1. FACTS Devices Picture
Figure 2. Global FACTS Devices Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 3. Global FACTS Devices Consumption Value Market Share by Type in 2023
Figure 4. SVC
Figure 5. SVG
Figure 6. Global FACTS Devices Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 7. FACTS Devices Consumption Value Market Share by Application in 2023
Figure 8. Metallurgy and Steel Picture
Figure 9. Mining Picture
Figure 10. New Energy Picture
Figure 11. Chemical Picture
Figure 12. Transportation Picture
Figure 13. Others Picture
Figure 14. Global FACTS Devices Consumption Value, (USD Million): 2019 & 2023 & 2030
Figure 15. Global FACTS Devices Consumption Value and Forecast (2019-2030) & (USD Million)
Figure 16. Global Market FACTS Devices Consumption Value (USD Million) Comparison by Region (2019 & 2023 & 2030)
Figure 17. Global FACTS Devices Consumption Value Market Share by Region (2019-2030)
Figure 18. Global FACTS Devices Consumption Value Market Share by Region in 2023
Figure 19. North America FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 20. Europe FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 21. Asia-Pacific FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 22. South America FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 23. Middle East and Africa FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 24. Global FACTS Devices Revenue Share by Players in 2023
Figure 25. FACTS Devices Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2023
Figure 26. Global Top 3 Players FACTS Devices Market Share in 2023
Figure 27. Global Top 6 Players FACTS Devices Market Share in 2023
Figure 28. Global FACTS Devices Consumption Value Share by Type (2019-2024)
Figure 29. Global FACTS Devices Market Share Forecast by Type (2025-2030)
Figure 30. Global FACTS Devices Consumption Value Share by Application (2019-2024)
Figure 31. Global FACTS Devices Market Share Forecast by Application (2025-2030)
Figure 32. North America FACTS Devices Consumption Value Market Share by Type (2019-2030)
Figure 33. North America FACTS Devices Consumption Value Market Share by Application (2019-2030)
Figure 34. North America FACTS Devices Consumption Value Market Share by Country (2019-2030)
Figure 35. United States FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 36. Canada FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 37. Mexico FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 38. Europe FACTS Devices Consumption Value Market Share by Type (2019-2030)
Figure 39. Europe FACTS Devices Consumption Value Market Share by Application (2019-2030)
Figure 40. Europe FACTS Devices Consumption Value Market Share by Country (2019-2030)
Figure 41. Germany FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 42. France FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 43. United Kingdom FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 44. Russia FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 45. Italy FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 46. Asia-Pacific FACTS Devices Consumption Value Market Share by Type (2019-2030)
Figure 47. Asia-Pacific FACTS Devices Consumption Value Market Share by Application (2019-2030)
Figure 48. Asia-Pacific FACTS Devices Consumption Value Market Share by Region (2019-2030)
Figure 49. China FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 50. Japan FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 51. South Korea FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 52. India FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 53. Southeast Asia FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 54. Australia FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 55. South America FACTS Devices Consumption Value Market Share by Type (2019-2030)
Figure 56. South America FACTS Devices Consumption Value Market Share by Application (2019-2030)
Figure 57. South America FACTS Devices Consumption Value Market Share by Country (2019-2030)
Figure 58. Brazil FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 59. Argentina FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 60. Middle East and Africa FACTS Devices Consumption Value Market Share by Type (2019-2030)
Figure 61. Middle East and Africa FACTS Devices Consumption Value Market Share by Application (2019-2030)
Figure 62. Middle East and Africa FACTS Devices Consumption Value Market Share by Country (2019-2030)
Figure 63. Turkey FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 64. Saudi Arabia FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 65. UAE FACTS Devices Consumption Value (2019-2030) & (USD Million)
Figure 66. FACTS Devices Market Drivers
Figure 67. FACTS Devices Market Restraints
Figure 68. FACTS Devices Market Trends
Figure 69. Porters Five Forces Analysis
Figure 70. Manufacturing Cost Structure Analysis of FACTS Devices in 2023
Figure 71. Manufacturing Process Analysis of FACTS Devices
Figure 72. FACTS Devices Industrial Chain
Figure 73. Methodology
Figure 74. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Hitachi ABB Power Grids
Siemens
Mitsubishi Electric
Liaoning Rongxin Xingye Power Technology Co.,Ltd
GE
FGI
Toshiba
Taikai Power Electronic Co.,Ltd
Sieyuan Electric Co., Ltd
Hyosung
NR Electric Co., Ltd
AMSC
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