Research and Markets: Flexible Alternating Current Transmission Systems (FACTS) - Global Market Size, Competitive Landscape, Trends and Analysis

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/80a413/flexible_alternati) has announced the addition of GlobalData 's new report "Flexible Alternating Current Transmission Systems (FACTS)- Global Market Size, Competitive Landscape, Trends and Analysis to 2020" to their offering.

“Flexible Alternating Current Transmission Systems (FACTS)- Global Market Size, Competitive Landscape, Trends and Analysis to 2020”

Flexible Alternating Current Transmission Systems (FACTS) - Global Market Size, Competitive Landscape, Trends and Analysis gives detailed information on the Global FACTS market and provides historical and forecast numbers for revenues, volumes and average price up to 2020. The research analyzes trends in the global FACTS market and also detailed analysis for the leading countries in FACTS business. This, coupled with competitive benchmarking of the top market participants provides a comprehensive understanding of the markets competitive scenario.

FACTS is a system used to efficiently control and increase the capability to transfer power of the network. This is done by providing effective control to one or several AC transmission system parameters. FACTS are used to control the voltage, impedance and also the phase angle of the high voltage AC lines.

The increasing demand for electricity owing to the growing population and economic development worldwide is the most important factor in the growth of the global FACTS market. With many new coal fired plants scheduled to come up in the near future all over the world and also the increased investments made in the renewable energy globally, the FACTS market is expected to grow and experience significant activities in the future.

Currently ABB Ltd is the clear leader of the global FACTS market. It has completely dominated the FACTS business in major countries all over the world, with no other organizations coming even close to the revenues earned by ABB in the FACTS business. Siemens used to be an important player in the FACTS market and was providing stiff competition to ABB in this business. However, after 2005, the share of this organization fell drastically. It was not able to achieve major contracts in this market and as a result ABB Ltd enjoyed complete dominance.

Global FACTS Market Showing Signs of Significant Growth

The growth of the Flexible Alternating Current Transmission System FACTS market is mainly driven by the growing demand in the markets of emerging economies in the Asia Pacific region. With increased economic growth, governments of many countries in the region have drawn up major investment plans in the energy infrastructure. The rising population in the cities of this region will increase the demand for power, and so, the markets are expected to grow more than the global growth rate of the cable industry. Moreover, the governments of many Asian countries have plans for larger rural electrification as well. This would also be an important driver of the FACTS market globally.

The global FACTS market has grown historically and is set for strong growth in the future as well. The market is expected to grow at a CAGR of 4.5% from 2010 to 2020 with revenues increasing from $1270m in 2010 to $1,973m in 2020.

Scope

Data on the number of units sold and revenue generated from the FACTS market globally and also for the leading countries of the world for the time period 20002020.
Data on cumulative length of the transmission lines for the leading countries in the FACTS market.
Analysis and data on the average prices of the FACTS equipment for various countries.
Detailed analysis of top market participants such as ABB Ltd, Siemens AG and others.
Data sourced from proprietary databases and primary interviews with key participants across the value chain.
The study covers eight countries (the United States, Canada, Brazil, the United Kingdom, Russia, China, Australia and India) along with the data and analysis for global FACTS market.

Reasons to buy

Facilitate decision-making based on investments plans
Develop strategies based on the latest regulatory events
Position yourself to gain the maximum advantage of the regional growth potential
Identify key partners and business development avenues
Respond to your competitors business structure, strategy and prospects

Key Topics Covered:

1 Table of contents

2 Introduction

3 Flexible Alternating Current Transmission Systems, Overview

4 Global Flexible Alternating Current Transmission Systems Market, Overview

5 Flexible Alternating Current Transmission Systems Market, The US

6 Flexible Alternating Current Transmission Systems Market, Canada

7 Flexible Alternating Current Transmission Systems Market, Brazil

8 Flexible Alternating Current Transmission Systems Market, The Uk

9 Flexible Alternating Current Transmission Systems Market, Russian Federation

10 Flexible Alternating Current Transmission Systems Market, China

11 Flexible Alternating Current Transmission Systems Market, Australia