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Flexible AC Transmission Systems (FACTS) Market by Compensation Type (Shunt, Series, and Combined), Generation Type (First Generation and Second Generation), Vertical, Component, Application, Functionality, Geography - Global Forecast to 2024

フレキシブルAC伝送システム（FACTS）の世界市場予測（～2024年）

◆タイトル：Flexible AC Transmission Systems (FACTS) Market by Compensation Type (Shunt, Series, and Combined), Generation Type (First Generation and Second Generation), Vertical, Component, Application, Functionality, Geography - Global Forecast to 2024
◆商品コード：SE 2099
◆調査・発行会社：MarketsandMarkets
◆発行日：2019年11月27日
◆ページ数：137
◆レポート形式：PDF / 英語
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 【レポートの概要】

MarketsandMarkets社は、フレキシブルAC伝送システム（FACTS）の世界市場規模が2019年12億ドルから2024年17億ドルまで年平均6.0%成長すると予測しています。当調査レポートでは、フレキシブルAC伝送システム（FACTS）の世界市場について調査・分析し、市場概要、機能別（電圧制御、ネットワーク安定化、伝送容量、高調波抑制）分析、コンポーネント別（パワーエレクトロニクスデバイス、位相シフト変圧器、保護＆制御システム）分析、報酬タイプ別（シャント報酬、シリーズ報酬、複合報酬）分析、用途別（電圧制御、電力制御）分析、世代タイプ別（第一世代、第二世代）分析、業種別（公益事業、再生可能エネルギー、産業、鉄道）分析、地域別（アメリカ、ヨーロッパ、アジア太平洋など）分析、競合環境、企業概要、付録などを含め次の構成でお届け致します。

・イントロダクション
・調査手法
・エグゼクティブサマリー
・プレミアムインサイト
・市場概要
・フレキシブルAC伝送システム（FACTS）の世界市場：機能別（電圧制御、ネットワーク安定化、伝送容量、高調波抑制）
・フレキシブルAC伝送システム（FACTS）の世界市場：コンポーネント別（パワーエレクトロニクスデバイス、位相シフト変圧器、保護＆制御システム）
・フレキシブルAC伝送システム（FACTS）の世界市場：報酬タイプ別（シャント報酬、シリーズ報酬、複合報酬）
・フレキシブルAC伝送システム（FACTS）の世界市場：用途別（電圧制御、電力制御）
・フレキシブルAC伝送システム（FACTS）の世界市場：世代タイプ別（第一世代、第二世代）
・フレキシブルAC伝送システム（FACTS）の世界市場：業種別（公益事業、再生可能エネルギー、産業、鉄道）
・フレキシブルAC伝送システム（FACTS）の世界市場：地域別（アメリカ、ヨーロッパ、アジア太平洋など）
・競合環境
・企業概要
・付録

FACTS market to grow at CAGR of 6.0% from 2019 to 2024
The global flexible AC transmission systems (FACTS) market size is projected to reach USD 1.7 billion by 2024 from USD 1.2 billion in 2019, at a CAGR of 6.0%. Major drivers for the market’s growth are increasing benefits offered by FACTS, growth in transmission line, rising focus on energy generation using renewable sources, and surging demand for STATCOM devices for voltage control. Further, rising investment in transmission networks and potential opportunities in APAC are the opportunities for FACTS manufacturers. The major restraint for the market is high installation costs. Size and communication limitations in FACTS pose a major challenge to this market.

Shunt compensation type to hold largest share of FACTS market during forecast period
In shunt compensation, FACTS are connected in parallel with the power system transmission line. Shunt compensation is actively used in power transmission and distribution networks to reduce power losses and voltage drops. Moreover, shunt compensation is used for various applications such as voltage stabilization, dynamic reactive power control, increased transmission capacity, power oscillation damping, higher transient stability, system voltage balance maintenance, reduced transmission losses, and voltage control. Low installation cost, when compared with other systems, and improved efficiency along with higher ratings across distribution circuits are a few factors that are expected to increase the demand for shunt systems.

Among all vertical, utilities to hold largest share of FACTS market from 2019 to 2024
FACTS is used in electric utilities for the generation, transmission, and distribution of electricity. The applications of FACTS in electrical utilities include voltage control, network stabilization, power oscillation damping, and power flow control, as well as help in increasing the transmission capacity. FACTS devices also provide an economical and efficient solution to ease the pressure on existing transmission lines and save high investment costs required for building new network extensions. This is expected to increase the demand for FACTS in utilities. Companies such as ABB, GE, and Siemens provide FACTS devices for the electric utilities market because of growing demands for the generation of electricity.

APAC to hold largest share of FACTS market during forecast period
APAC is the fastest-developing region for most verticals, such as utilities, railways, and industrial. The market in APAC is segmented into China, India, South Korea, and the Rest of APAC. The region has emerged as a global focal point for large investments and business expansion opportunities. The region represents the fastest-growing market worldwide, and the market in this region is expected to grow at the highest CAGR during the forecast period. Growing transmission investment in APAC countries results in the increasing number of substations and transmission lines, which propelled the demand for voltage stability and power flow control solution increased. Moreover, APAC is home to a few key FACTS manufacturers—such as Rongxin, which installed more than 800 STATCOM, and Hyosung. These factors are expected to drive the market for FACTS in this region during the forecast period.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 = 50%, Tier 2 = 30%, and Tier 3 = 20%
• By Designation: C-Level Executives = 35%, Directors = 30%, and Others = 35%
• By Region: Americas = 40%, Europe = 25%, APAC = 20%, and RoW = 15%
ABB (ABB, Switzerland), General Electric Company (GE, US), Siemens AG (Siemens, Germany), Mitsubishi Electric Corporation (Mitsubishi Electric, Japan), Infineon Technologies AG (Infineon, Germany), American Superconductor (AMSC, US), NR Electric Co., Ltd. (NR Electric, China), Hyosung Heavy Industries (Hyosung, South Korea), and Rongxin Power Ltd. (RXPE, UK) are a few major players in the FACTS market.

Research Coverage:
Compensation type, functions, components, generation type, application, vertical, and geography are the segments covered in this report. The report gives a detailed view of the market across 4 main regions: Americas, Europe, APAC, and RoW.

Reasons to Buy the Report:
• This report includes statistics pertaining to the FACTS market in terms of compensation type, functions, components, generation type, application, vertical and geography, along with their respective market sizes.
• Major drivers, restraints, opportunities, and challenges for the FACTS market have been provided in detail in this report.
• The report includes illustrative segmentation, analysis, and forecast for the FACTS market based on its segments and subsegments.

【レポートの目次】

1 Introduction (Page No. – 17)
1.1 Study Objectives
1.2 Definition and Scope
1.2.1 Inclusions and Exclusions
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered
1.4 Currency
1.5 Stakeholders
2 Research Methodology (Page No. – 20)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Data From Primary Sources
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach Used to Arrive at Market Share By Bottom-Up Analysis (Demand Side)
2.2.1.2 Approach for Capturing Company-Specific Information in FACTS Value Chain
2.2.2 Top-Down Approach
2.2.2.1 Approach Used to Arrive at Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. – 30)
4 Premium Insight (Page No. – 34)
4.1 Attractive Growth Opportunities in FACTS Market
4.2 FACTS Market, By Application
4.3 FACTS Market in APAC, By Vertical and Country
4.4 FACTS Market in Europe, By Compensation Type
4.5 FACTS Market, By Region
5 Market Overview (Page No. – 37)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Benefits Offered By FACTS
5.2.1.2 Growth in Transmission Line
5.2.1.3 Growing Utilization of Renewable Energy Into Power Grids
5.2.1.4 Rising Demand for Statcom Devices for Voltage Control
5.2.2 Restraints
5.2.2.1 High Installation Cost
5.2.3 Opportunities
5.2.3.1 Rising Investments in Transmission Network
5.2.3.2 Potential Opportunities in APAC
5.2.4 Challenges
5.2.4.1 Size and Communication Limitations in FACTS
5.3 Value Chain Analysis
6 Functions of Flexible Ac Transmission System (Page No. – 42)
6.1 Introduction
6.2 Voltage Control
6.2.1 Devices Such as Statcom and SVC are Used for Voltage Control
6.3 Network Stabilization
6.3.1 Shunt and Series Compensation are Used for Network Stabilization
6.4 Transmission Capacity
6.4.1 Series Compensation is a Cost Effective Way to Increase Transmission Capacity
6.5 Harmonic Suppression
6.5.1 SVC and Statcom are Used for Harmonic Suppression
7 Components of Flexible Ac Transmission System (Page No. – 43)
7.1 Introduction
7.2 Power Electronic Devices
7.2.1 Capacitor Banks
7.2.1.1 Capacitor Banks are Used to Increase Power Transmission Capability
7.2.2 Thyristors
7.2.2.1 Thyristors are Used to Deliver High Power in FACTS Devices
7.2.3 Reactors
7.2.3.1 Reactors are Used to Limit the Effects of Overvoltage in Transmission Line
7.3 Phase Shifting Transformers
7.3.1 Phase Shifting Transformers are Used to Change Effective Phase Displacement Between Input Voltage and Output Voltage of Transmission Line
7.4 Protection and Control Systems
7.4.1 Protection and Control Systems are Used to Ensure Proper Network Reliability
8 Flexible Ac Transmission System Market, By Compensation Type (Page No. – 45)
8.1 Introduction
8.2 Shunt Compensation
8.2.1 Static Var Compensation (SVC)
8.2.1.1 Need for Line Voltage Control is Likely to Increase the Demand for Static Var Compensation
8.2.2 Static Compensator (Statcom)
8.2.2.1 APAC to Witness Highest Growth for Static Compensator (Statcom)
8.3 Series Compensation
8.3.1 Fixed Series Capacitor
8.3.1.1 Need for Minimum Voltage Profile to Increase Demand for Fixed Series Capacitor
8.3.2 Thyristor Series Capacitor
8.3.2.1 Need for More Power Transfer Capability Over Existing Transmission Networks Boosting Demand for Thyristor Series Capacitors
8.4 Combined Compensation
8.4.1 APAC Was Largest Share Holder for Combined Compensation in 2018
9 Flexible Ac Transmission System Market, By Application (Page No. – 52)
9.1 Introduction
9.2 Voltage Control
9.2.1 Voltage Control Dominated FACTS Market, in Terms of Size, in 2018
9.3 Power Control
9.3.1 Europe Held Largest Market for Power Control in 2018
10 Flexible Ac Transmission System Market, By Generation Type (Page No. – 55)
10.1 Introduction
10.2 First Generation
10.2.1 SVC and Series Compensation are First Generation FACTS Devices
10.3 Second Generation
10.3.1 Europe Accounted Largest Share for Second Generation FACTS Devices
11 Flexible Ac Transmission System Market, By Vertical (Page No. – 59)
11.1 Introduction
11.2 Utilities
11.2.1 Utilities to Dominate FACTS Market in Coming Years
11.3 Renewables
11.3.1 Market for Renewables to Grow at Highest CAGR
11.4 Industrial
11.4.1 Need for Power Quality and Stability Boosting Demand for FACTS in Industrial Vertical
11.5 Railways
11.5.1 APAC Held Largest Market for Railways in 2018
12 Geographic Analysis (Page No. – 64)
12.1 Introduction
12.2 Americas
12.2.1 North America
12.2.1.1 US
12.2.1.1.1 US is Largest Market for FACTS in North America
12.2.1.2 Rest of North America
12.2.2 South America
12.2.2.1 Brazil
12.2.2.1.1 Increase in Investment for Expansion of Energy Infrastructure Drives FACTS Markets in Brazil
12.2.2.2 Rest of South America
12.3 Europe
12.3.1 UK
12.3.1.1 UK is the Major Consumer of FACTS in Europe
12.3.2 Germany
12.3.2.1 FACTS Markets in Germany to Grow at Highest CAGR During Forecast Period
12.3.3 France
12.3.3.1 Smart Grid Infrastructure to Drive FACTS Market in France
12.3.4 Rest of Europe
12.4 APAC
12.4.1 China
12.4.1.1 China to Hold Largest Share of FACTS Market in APAC During Forecast Period
12.4.2 India
12.4.2.1 Government Support for Expansion of Transmission Network to Drive FACTS Market in India
12.4.3 South Korea
12.4.3.1 Requirement for Constructing New Transmission Lines Drives FACTS Market in South Korea
12.4.4 Rest of APAC
12.5 RoW
12.5.1 Middle East
12.5.1.1 Growing Number of Oil & Gas Industries in Middle East to Drive FACTS Market
12.5.2 Africa
12.5.2.1 Africa to Hold Larger Share of FACTS Market in RoW
13 Competitive Landscape (Page No. – 89)
13.1 Overview
13.2 Ranking Analysis of Key Players in Flexible Ac Transmission System Market
13.3 Competitive Situations and Trends
13.3.1 Product Developments
13.3.2 Agreements
13.3.3 Collaboration
13.3.4 Contracts
13.3.5 Divestment
13.3.6 Expansion
13.3.7 Partnership
13.3.8 Acquisition
13.4 Competitive Leadership Mapping, 2018
13.4.1 Visionary Leaders
13.4.2 Dynamic Differentiators
13.4.3 Innovators
13.4.4 Emerging Companies
14 Company Profile (Page No. – 98)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
14.1 Key Players
14.1.1 ABB
14.1.2 Rongxin Power Engineering Ltd (RXPE)
14.1.3 General Electric (GE)
14.1.4 Siemens
14.1.5 Mitsubishi Electric
14.1.6 American Superconductor
14.1.7 Infineon
14.1.8 NR Electric
14.1.9 Hyosung Heavy Industries
14.1.10 Ingeteam Power Technology
14.2 Right to Win
14.3 Other Important Players
14.3.1 Bharat Heavy Electricals Limited (BHEL)
14.3.2 Quanta Technology
14.3.3 Comsys
14.3.4 Merus Power Dynamics Oy
14.3.5 Sieyuan Electric Co., Ltd.
14.3.6 Signatory Pvt. Ltd.
14.3.7 Jema Energy Sa
14.3.8 Freqcon GmbH
14.3.9 Clariant Power System Limited
14.3.10 Beijing Power Equipment Group Co Ltd(BPEG)
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not be Captured in Case of Unlisted Companies.
15 Appendix (Page No. – 129)
15.1 Insights From Industry Experts
15.2 Discussion Guide
15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.4 Available Customizations
15.5 Related Reports
15.6 Author Details

List of Tables (105 Tables)
Table 1 FACTS Market, By Compensation Type, 2016–2024 (USD Million)
Table 2 FACTS Market, By Shunt Compensation Type, 2016–2024 (USD Million)
Table 3 FACTS Market for Shunt Compensation, By Region, 2016–2024 (USD Million)
Table 4 FACTS Market for Shunt Compensation in Americas, By Region, 2016–2024 (USD Million)
Table 5 FACTS Market for SVC Shunt Compensation, By Region, 2016–2024 (USD Thousand)
Table 6 FACTS Market for SVC Shunt Compensation in Americas, By Region, 2016–2024 (USD Thousand)
Table 7 FACTS Market for Statcom Shunt Compensation, By Region, 2016–2024 (USD Million)
Table 8 FACTS Market for Statcom Shunt Compensation in Americas, By Region, 2016–2024 (USD Thousand)
Table 9 FACTS Market for Series Compensation, By Region, 2016–2024 (USD Thousand)
Table 10 FACTS Market for Series Compensation in Americas, By Region, 2016–2024 (USD Thousand)
Table 11 FACTS Market for Combined Compensation, By Region, 2016–2024 (USD Thousand)
Table 12 FACTS Market for Combined Compensation in Americas, By Region, 2016–2024 (USD Thousand)
Table 13 FACTS Market, By Application, 2016–2024 (USD Million)
Table 14 FACTS Market for Voltage Control, By Region, 2016–2024 (USD Million)
Table 15 FACTS Market for Voltage Control in Americas, By Region, 2016–2024 (USD Million)
Table 16 FACTS Market for Power Control, By Region, 2016–2024 (USD Thousand)
Table 17 FACTS Market for Power Control in Americas, By Region, 2016–2024 (USD Million)
Table 18 FACTS Market, By Generation Type, 2016–2024 (USD Million)
Table 19 FACTS Market for First Generation Type, By Region, 2016–2024 (USD Million)
Table 20 FACTS Market for First Generation Type in Americas, By Region, 2016–2024 (USD Million)
Table 21 FACTS Market for Second Generation Type, By Region, 2016–2024 (USD Million)
Table 22 FACTS Market for Second Generation Type in Americas, By Region, 2016–2024 (USD Million)
Table 23 FACTS Market, By Vertical, 2016–2024 (USD Million)
Table 24 FACTS Market for Utilities, By Region, 2016–2024 (USD Million)
Table 25 FACTS Market for Utilities in Americas, By Region, 2016–2024 (USD Million)
Table 26 FACTS Market for Renewables, By Region, 2016–2024 (USD Thousand)
Table 27 FACTS Market for Renewables in Americas, By Region, 2016–2024 (USD Million)
Table 28 FACTS Market for Industrial, By Region, 2016–2024 (USD Thousand)
Table 29 FACTS Market for Industrial in Americas, By Region, 2016–2024 (USD Million)
Table 30 FACTS Market for Railways, By Region, 2016–2024 (USD Thousand)
Table 31 FACTS Market for Railways in Americas, By Region, 2016–2024 (USD Thousand)
Table 32 FACTS Market, By Region, 2016–2024 (USD Million)
Table 33 FACTS Market in Americas, By Region, 2016–2024 (USD Million)
Table 34 FACTS Market in Americas, By Compensation Type, 2016–2024 (USD Thousand)
Table 35 FACTS Market in Americas, By Shunt Compensation, 2016–2024 (USD Million)
Table 36 FACTS Market in Americas, By Generation Type, 2016–2024 (USD Million)
Table 37 FACTS Market in Americas, By Vertical, 2016–2024 (USD Thousand)
Table 38 FACTS Market in Americas, By Application, 2016–2024 (USD Million)
Table 39 FACTS Market in North America, By Country, 2016–2024 (USD Million)
Table 40 FACTS Market in North America, By Compensation Type, 2016–2024 (USD Thousand)
Table 41 FACTS Market in North America, By Shunt Compensation, 2016–2024 (USD Million)
Table 42 FACTS Market in North America, By Generation Type, 2016–2024 (USD Million)
Table 43 FACTS Market in North America, By Vertical, 2016–2024 (USD Thousand)
Table 44 FACTS Market in North America, By Application, 2016–2024 (USD Million)
Table 45 FACTS Market in US, By Shunt Compensation, 2016–2024 (USD Thousand)
Table 46 FACTS Market in US, By Application, 2016–2024 (USD Thousand)
Table 47 FACTS Market in Rest of North America, By Shunt Compensation, 2016–2024 (USD Thousand)
Table 48 FACTS Market in Rest of North America, By Application, 2016–2024 (USD Thousand)
Table 49 FACTS Market in South America, By Country, 2016–2024 (USD Million)
Table 50 FACTS Market in South America, By Compensation Type, 2016–2024 (USD Thousand)
Table 51 FACTS Market in South America, By Shunt Compensation, 2016–2024 (USD Million)
Table 52 FACTS Market in South America, By Generation Type, 2016–2024 (USD Million)
Table 53 FACTS Market in South America, By Vertical, 2016–2024 (USD Thousand)
Table 54 FACTS Market in South America, By Application, 2016–2024 (USD Million)
Table 55 FACTS Market in Brazil, By Shunt Compensation, 2016–2024 (USD Million)
Table 56 FACTS Market in Brazil, By Application, 2016–2024 (USD Million)
Table 57 FACTS Market in Rest of South America, By Shunt Compensation, 2016–2024 (USD Thousand)
Table 58 FACTS Market in Rest of South America, By Application, 2016–2024 (USD Thousand)
Table 59 FACTS Market in Europe, By Region, 2016–2024 (USD Million)
Table 60 FACTS Market in Europe, By Compensation Type, 2016–2024 (USD Thousand)
Table 61 FACTS Market in Europe, By Shunt Compensation, 2016–2024 (USD Million)
Table 62 FACTS Market in Europe, By Generation Type, 2016–2024 (USD Million)
Table 63 FACTS Market in Europe, By Vertical, 2016–2024 (USD Thousand)
Table 64 FACTS Market in Europe, By Application, 2016–2024 (USD Million)
Table 65 FACTS Market in UK, By Shunt Compensation, 2016–2024 (USD Thousand)
Table 66 FACTS Market in UK, By Application, 2016–2024 (USD Thousand)
Table 67 FACTS Market in Germany, By Shunt Compensation, 2016–2024 (USD Million)
Table 68 FACTS Market in Germany, By Application, 2016–2024 (USD Million)
Table 69 FACTS Market in France, By Shunt Compensation, 2016–2024 (USD Thousand)
Table 70 FACTS Market in France, By Application, 2016–2024 (USD Thousand)
Table 71 FACTS Market in Rest of Europe, By Shunt Compensation, 2016–2024 (USD Million)
Table 72 FACTS Market in Rest of Europe, By Application, 2016–2024 (USD Million)
Table 73 FACTS Market in APAC, By Country, 2016–2024 (USD Million)
Table 74 FACTS Market in APAC, By Compensation Type, 2016–2024 (USD Million)
Table 75 FACTS Market in APAC, By Shunt Compensation, 2016–2024 (USD Million)
Table 76 FACTS Market in APAC, By Generation Type, 2016–2024 (USD Million)
Table 77 FACTS Market in APAC, By Vertical, 2016–2024 (USD Million)
Table 78 FACTS Market in APAC, By Application, 2016–2024 (USD Million)
Table 79 FACTS Market in China, By Shunt Compensation, 2016–2024 (USD Million)
Table 80 FACTS Market in China, By Application, 2016–2024 (USD Million)
Table 81 FACTS Market in India, By Shunt Compensation, 2016–2024 (USD Thousand)
Table 82 FACTS Market in India, By Application, 2016–2024 (USD Thousand)
Table 83 FACTS Market in South Korea, By Shunt Compensation, 2016–2024 (USD Thousand)
Table 84 FACTS Market in South Korea, By Application, 2016–2024 (USD Thousand)
Table 85 FACTS Market in Rest of APAC, By Shunt Compensation, 2016–2024 (USD Thousand)
Table 86 FACTS Market in Rest of APAC, By Application, 2016–2024 (USD Million)
Table 87 FACTS Market in RoW, By Region, 2016–2024 (USD Million)
Table 88 FACTS Market in RoW, By Compensation Type, 2016–2024 (USD Thousand)
Table 89 FACTS Market in RoW, By Shunt Compensation, 2016–2024 (USD Thousand)
Table 90 FACTS Market in RoW, By Generation Type, 2016–2024 (USD Million)
Table 91 FACTS Market in RoW, By Vertical, 2016–2024 (USD Thousand)
Table 92 FACTS Market in RoW, By Application, 2016–2024 (USD Thousand)
Table 93 FACTS Market in Middle East, By Shunt Compensation, 2016–2024 (USD Thousand)
Table 94 FACTS Market in Middle East, By Application, 2016–2024 (USD Thousand)
Table 95 FACTS Market in Africa, By Shunt Compensation, 2016–2024 (USD Thousand)
Table 96 FACTS Market in Africa, By Application, 2016–2024 (USD Thousand)
Table 97 Flexible Ac Transmission System Market: Ranking of Key Companies
Table 98 Product Developments, 2016–2019
Table 99 Agreements, 2018–2019
Table 100 Collaboration, 2018–2019
Table 101 Contracts, 2016–2019
Table 102 Divestment, 2018–2019
Table 103 Expansion, 2018–2019
Table 104 Partnership, 2018–2019
Table 105 Acquisition, 2018–2019

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