플렉서블 AC 송전 시스템 시장 : 세계 산업 규모, 점유율, 동향, 기회, 예측 - 보상 유형별, 컨트롤러별, 업계별, 지역별 부문, 경쟁(2020-2030년)

The Global Flexible AC Transmission Systems (FACTS) Market was valued at USD 1.32 billion in 2024 and is projected to grow at a CAGR of 7.93%, reaching USD 2.11 billion by 2030. FACTS technologies are advanced power electronics-based systems that improve the efficiency, control, and stability of AC transmission networks. These systems allow utilities to optimize existing transmission infrastructure by dynamically managing power flow, voltage, and network stability without compromising reliability. As power demands grow and grids become more complex due to the integration of renewables, FACTS are becoming essential in enabling high-performance transmission networks while minimizing the need for new physical infrastructure.

Key Market Drivers

Increasing Demand for Grid Stability and Reliability Amid Rising Renewable Energy Integration

The rapid expansion of renewable energy sources such as wind and solar is placing increasing stress on global transmission systems due to their intermittent nature. Maintaining grid stability and power quality under these fluctuating conditions is a pressing concern for utilities. FACTS devices-such as Static Var Compensators (SVCs), Static Synchronous Compensators (STATCOMs), and Unified Power Flow Controllers (UPFCs)-offer dynamic reactive power support and voltage regulation in real time. Their ability to mitigate power disturbances and enhance grid reliability makes them a vital solution for accommodating the variability of renewable energy and ensuring consistent power delivery across transmission networks.

Key Market Challenges

High Initial Capital Investment and Cost Sensitivity

A key obstacle in the widespread adoption of FACTS technologies is the significant upfront investment required for system deployment. Devices like SVCs, STATCOMs, and UPFCs demand high costs not only for the equipment itself but also for the associated engineering, installation, and supporting infrastructure. These include complex components such as power converters, reactors, and advanced control systems. For many developing regions with limited funding for power infrastructure upgrades, these financial constraints make traditional alternatives more appealing. The high cost barrier often slows adoption, particularly where short-term solutions are prioritized over long-term grid optimization.

Key Market Trends

Integration of FACTS with Renewable Energy Systems

One of the most notable trends in the FACTS market is the increased incorporation of these technologies into renewable energy projects. As the global energy landscape shifts toward clean energy sources, the variability of wind and solar generation introduces new challenges for maintaining grid stability and power quality. FACTS solutions-such as STATCOMs, SVCs, and series compensation devices-play a crucial role in supporting voltage control, reactive power balance, and efficient energy transfer. Countries including India, China, Germany, and the United States are actively deploying FACTS in conjunction with large-scale renewables to ensure stable power transmission from remote generation areas to end-users.

Key Market Players

• Siemens Energy AG
• General Electric (GE) Grid Solutions
• Mitsubishi Electric Corporation
• ABB Ltd.
• Toshiba Energy Systems & Solutions Corporation
• NR Electric Co., Ltd.
• American Superconductor Corporation (AMSC)
• Hyosung Heavy Industries
• Rongxin Power Electronic Co., Ltd. (RXPE)
• Adani Transmission Limited

Report Scope:

In this report, the Global Flexible AC Transmission Systems Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Flexible AC Transmission Systems Market, By Compensation Type:

• Series Compensation
• Shunt Compensation
• Combined Series-Shunt Compensation

Flexible AC Transmission Systems Market, By Controller:

• Static Synchronous Compensator (STATCOM)
• Static VAR Compensator (SVC)
• Unified Power Flow Controller (UPFC)
• Thyristor Controlled Series Compensator (TCSC)
• Others

Flexible AC Transmission Systems Market, By Industry Vertical:

• Oil & Gas
• Electric Utility
• Railways
• Others

Flexible AC Transmission Systems Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Flexible AC Transmission Systems Market.

Available Customizations:

Global Flexible AC Transmission Systems Market report with the given Market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional Market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
• 1.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Formulation of the Scope
• 2.4. Assumptions and Limitations
• 2.5. Sources of Research
  • 2.5.1. Secondary Research
  • 2.5.2. Primary Research
• 2.6. Approach for the Market Study
  • 2.6.1. The Bottom-Up Approach
  • 2.6.2. The Top-Down Approach
• 2.7. Methodology Followed for Calculation of Market Size & Market Shares
• 2.8. Forecasting Methodology
  • 2.8.1. Data Triangulation & Validation

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global Flexible AC Transmission Systems Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Compensation Type (Series Compensation, Shunt Compensation, Combined Series-Shunt Compensation)
  • 5.2.2. By Controller (Static Synchronous Compensator (STATCOM), Static VAR Compensator (SVC), Unified Power Flow Controller (UPFC), Thyristor Controlled Series Compensator (TCSC), Others)
  • 5.2.3. By Industry Vertical (Oil & Gas, Electric Utility, Railways, Others)
  • 5.2.4. By Region
• 5.3. By Company (2024)
• 5.4. Market Map

6. North America Flexible AC Transmission Systems Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Compensation Type
  • 6.2.2. By Controller
  • 6.2.3. By Industry Vertical
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Flexible AC Transmission Systems Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Compensation Type
      • 6.3.1.2.2. By Controller
      • 6.3.1.2.3. By Industry Vertical
  • 6.3.2. Canada Flexible AC Transmission Systems Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Compensation Type
      • 6.3.2.2.2. By Controller
      • 6.3.2.2.3. By Industry Vertical
  • 6.3.3. Mexico Flexible AC Transmission Systems Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Compensation Type
      • 6.3.3.2.2. By Controller
      • 6.3.3.2.3. By Industry Vertical

7. Europe Flexible AC Transmission Systems Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Compensation Type
  • 7.2.2. By Controller
  • 7.2.3. By Industry Vertical
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Flexible AC Transmission Systems Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Compensation Type
      • 7.3.1.2.2. By Controller
      • 7.3.1.2.3. By Industry Vertical
  • 7.3.2. United Kingdom Flexible AC Transmission Systems Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Compensation Type
      • 7.3.2.2.2. By Controller
      • 7.3.2.2.3. By Industry Vertical
  • 7.3.3. Italy Flexible AC Transmission Systems Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Compensation Type
      • 7.3.3.2.2. By Controller
      • 7.3.3.2.3. By Industry Vertical
  • 7.3.4. France Flexible AC Transmission Systems Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Compensation Type
      • 7.3.4.2.2. By Controller
      • 7.3.4.2.3. By Industry Vertical
  • 7.3.5. Spain Flexible AC Transmission Systems Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Compensation Type
      • 7.3.5.2.2. By Controller
      • 7.3.5.2.3. By Industry Vertical

8. Asia-Pacific Flexible AC Transmission Systems Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Compensation Type
  • 8.2.2. By Controller
  • 8.2.3. By Industry Vertical
  • 8.2.4. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Flexible AC Transmission Systems Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Compensation Type
      • 8.3.1.2.2. By Controller
      • 8.3.1.2.3. By Industry Vertical
  • 8.3.2. India Flexible AC Transmission Systems Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Compensation Type
      • 8.3.2.2.2. By Controller
      • 8.3.2.2.3. By Industry Vertical
  • 8.3.3. Japan Flexible AC Transmission Systems Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Compensation Type
      • 8.3.3.2.2. By Controller
      • 8.3.3.2.3. By Industry Vertical
  • 8.3.4. South Korea Flexible AC Transmission Systems Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Compensation Type
      • 8.3.4.2.2. By Controller
      • 8.3.4.2.3. By Industry Vertical
  • 8.3.5. Australia Flexible AC Transmission Systems Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Compensation Type
      • 8.3.5.2.2. By Controller
      • 8.3.5.2.3. By Industry Vertical

9. South America Flexible AC Transmission Systems Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Compensation Type
  • 9.2.2. By Controller
  • 9.2.3. By Industry Vertical
  • 9.2.4. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Flexible AC Transmission Systems Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Compensation Type
      • 9.3.1.2.2. By Controller
      • 9.3.1.2.3. By Industry Vertical
  • 9.3.2. Argentina Flexible AC Transmission Systems Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Compensation Type
      • 9.3.2.2.2. By Controller
      • 9.3.2.2.3. By Industry Vertical
  • 9.3.3. Colombia Flexible AC Transmission Systems Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Compensation Type
      • 9.3.3.2.2. By Controller
      • 9.3.3.2.3. By Industry Vertical

10. Middle East and Africa Flexible AC Transmission Systems Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Compensation Type
  • 10.2.2. By Controller
  • 10.2.3. By Industry Vertical
  • 10.2.4. By Country
• 10.3. Middle East and Africa: Country Analysis
  • 10.3.1. South Africa Flexible AC Transmission Systems Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Compensation Type
      • 10.3.1.2.2. By Controller
      • 10.3.1.2.3. By Industry Vertical
  • 10.3.2. Saudi Arabia Flexible AC Transmission Systems Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Compensation Type
      • 10.3.2.2.2. By Controller
      • 10.3.2.2.3. By Industry Vertical
  • 10.3.3. UAE Flexible AC Transmission Systems Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Compensation Type
      • 10.3.3.2.2. By Controller
      • 10.3.3.2.3. By Industry Vertical
  • 10.3.4. Kuwait Flexible AC Transmission Systems Market Outlook
    • 10.3.4.1. Market Size & Forecast
      • 10.3.4.1.1. By Value
    • 10.3.4.2. Market Share & Forecast
      • 10.3.4.2.1. By Compensation Type
      • 10.3.4.2.2. By Controller
      • 10.3.4.2.3. By Industry Vertical
  • 10.3.5. Turkey Flexible AC Transmission Systems Market Outlook
    • 10.3.5.1. Market Size & Forecast
      • 10.3.5.1.1. By Value
    • 10.3.5.2. Market Share & Forecast
      • 10.3.5.2.1. By Compensation Type
      • 10.3.5.2.2. By Controller
      • 10.3.5.2.3. By Industry Vertical

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Company Profiles

• 13.1. Siemens Energy AG
  • 13.1.1. Business Overview
  • 13.1.2. Key Revenue and Financials
  • 13.1.3. Recent Developments
  • 13.1.4. Key Personnel/Key Contact Person
  • 13.1.5. Key Product/Services Offered
• 13.2. General Electric (GE) Grid Solutions
• 13.3. Mitsubishi Electric Corporation
• 13.4. ABB Ltd.
• 13.5. Toshiba Energy Systems & Solutions Corporation
• 13.6. NR Electric Co., Ltd.
• 13.7. American Superconductor Corporation (AMSC)
• 13.8. Hyosung Heavy Industries
• 13.9. Rongxin Power Electronic Co., Ltd. (RXPE)
• 13.10. Adani Transmission Limited

14. Strategic Recommendations

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