TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 27)

1.1 STUDY OBJECTIVES

1.2 DEFINITION AND SCOPE

1.2.1 INCLUSIONS AND EXCLUSIONS

1.3 STUDY SCOPE

1.3.1 MARKETS COVERED

FIGURE 1 MARKET SEGMENTATION

1.3.2 YEARS CONSIDERED

1.4 CURRENCY

1.5 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 30)

2.1 RESEARCH DATA

FIGURE 2 FACTS MARKET: RESEARCH DESIGN

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

FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE OF MARKET PLAYERS

FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (DEMAND SIZE) � BOTTOM UP MARKET ESTIMATION FOR FACTS, BY COMPENSATION TYPE

2.2.1 BOTTOM-UP APPROACH

2.2.1.1 Approach used to arrive at market share by bottom-up analysis

FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH

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

FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH

2.3 MARKET BREAKDOWN AND DATA TRIANGULATION

FIGURE 7 DATA TRIANGULATION METHODOLOGY

2.4 RESEARCH ASSUMPTIONS

3 EXECUTIVE SUMMARY (Page No. - 40)

FIGURE 8 SHUNT COMPENSATION SEGMENT TO DOMINATE FACTS MARKET, BY COMPENSATION TYPE, FROM 2020 TO 2025

FIGURE 9 STATCOM SEGMENT TO DOMINATE FACTS MARKET, BY SHUNT COMPENSATION, DURING FORECAST PERIOD

FIGURE 10 SECOND GENERATION SEGMENT TO CAPTURE LARGER MARKET SHARE DURING FORECAST PERIOD

FIGURE 11 UTILITIES VERTICAL HELD LARGEST MARKET SHARE IN 2020

FIGURE 12 EUROPE ACCOUNTED FOR LARGEST SHARE OF FACTS MARKET IN 2019

3.1 COVID-19 IMPACT ON FACTS MARKET

FIGURE 13 COVID-19 IMPACT ON FACTS MARKET

3.1.1 REALISTIC SCENARIO (POST-COVID-19)

3.1.2 OPTIMISTIC SCENARIO (POST-COVID-19)

3.1.3 PESSIMISTIC SCENARIO (POST-COVID-19)

4 PREMIUM INSIGHT (Page No. - 45)

4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN FACTS MARKET

FIGURE 14 INCREASING DEMAND FOR POWER AND VOLTAGE CONTROL SOLUTIONS TO DRIVE GROWTH OF FACTS MARKET

4.2 FACTS MARKET, BY APPLICATION

FIGURE 15 VOLTAGE CONTROL SEGMENT TO DOMINATE FACTS MARKET DURING FORECAST PERIOD

4.3 FACTS MARKET IN APAC, BY VERTICAL AND COUNTRY

FIGURE 16 UTILITIES AND CHINA TO ACCOUNT FOR LARGEST SHARES OF FACTS MARKET IN APAC IN 2025

4.4 FACTS MARKET, BY COMPENSATION TYPE

FIGURE 17 SHUNT COMPENSATION SEGMENT TO REGISTER HIGHEST CAGR FROM 2020 TO 2025

4.5 FACTS MARKET, BY REGION

FIGURE 18 APAC TO EXHIBIT HIGHEST CAGR IN FACTS MARKET DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 48)

5.1 INTRODUCTION

5.2 MARKET DYNAMICS

FIGURE 19 FACTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES

5.2.1 DRIVERS

5.2.1.1 Increasing benefits offered by FACTS

5.2.1.2 Growth in transmission lines

5.2.1.3 Growing utilization of renewable energy into power grids

5.2.1.4 Rising demand for STATCOM devices for voltage control

FIGURE 20 IMPACT ANALYSIS: DRIVERS

5.2.2 RESTRAINTS

5.2.2.1 High installation cost

5.2.2.2 Delay or cancellation of projects due to COVID-19

TABLE 1 POLICY CHANGES FOR PROVIDING FLEXIBILITY OR DELAYING IN ENERGY PROJECTS

5.2.2.3 Trade restrictions imposed by the US on China

5.2.3 OPPORTUNITIES

5.2.3.1 Rising investments in transmission network

FIGURE 21 TRANSMISSION INVESTMENT � USD BILLION (2016�2018)

5.2.3.2 Potential opportunities in APAC

5.2.3.3 Focus on increasing domestic production and localization in the post-COVID-19 era

5.2.4 CHALLENGES

5.2.4.1 Size and communication limitations in FACTS

5.2.4.2 Adverse impacts of lockdowns and social distancing on FACTS market

5.3 VALUE CHAIN ANALYSIS

FIGURE 22 VALUE CHAIN ANALYSIS: FACTS MARKET

6 FUNCTIONS OF FLEXIBLE AC TRANSMISSION SYSTEM (Page No. - 54)

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. - 55)

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 FACTS MARKET, BY COMPENSATION TYPE (Page No. - 57)

8.1 INTRODUCTION

TABLE 2 FACTS MARKET, BY COMPENSATION TYPE, 2016�2019 (USD MILLION)

TABLE 3 FACTS MARKET, BY COMPENSATION TYPE, 2020�2025 (USD MILLION)

TABLE 4 FACTS MARKET, BY SHUNT COMPENSATION TYPE, 2016�2019 (USD MILLION)

TABLE 5 FACTS MARKET, BY SHUNT COMPENSATION TYPE, 2020�2025 (USD MILLION)

8.2 SHUNT COMPENSATION

TABLE 6 FACTS MARKET FOR SHUNT COMPENSATION, BY REGION, 2016�2019 (USD MILLION)

TABLE 7 FACTS MARKET FOR SHUNT COMPENSATION, BY REGION, 2020�2025 (USD MILLION)

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

TABLE 8 FACTS MARKET FOR SVC SHUNT COMPENSATION, BY REGION, 2016�2019 (USD THOUSAND)

TABLE 9 FACTS MARKET FOR SVC SHUNT COMPENSATION, BY REGION, 2020�2025 (USD THOUSAND)

8.2.2 STATIC COMPENSATOR (STATCOM)

8.2.2.1 APAC to witness highest growth for static compensator (STATCOM)

TABLE 10 FACTS MARKET FOR STATCOM SHUNT COMPENSATION, BY REGION, 2016�2019 (USD MILLION)

TABLE 11 FACTS MARKET FOR STATCOM SHUNT COMPENSATION, BY REGION, 2020�2025 (USD MILLION)

8.3 SERIES COMPENSATION

TABLE 12 FACTS MARKET FOR SERIES COMPENSATION, BY REGION, 2016�2019 (USD THOUSAND)

TABLE 13 FACTS MARKET FOR SERIES COMPENSATION, BY REGION, 2020�2025(USD THOUSAND)

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 SHAREHOLDER FOR COMBINED COMPENSATION IN 2019

TABLE 14 FACTS MARKET FOR COMBINED COMPENSATION, BY REGION, 2016�2019 (USD THOUSAND)

TABLE 15 FACTS MARKET FOR COMBINED COMPENSATION, BY REGION, 2020-2025 (USD THOUSAND)

FIGURE 23 PRE- AND POST-COVID-19 ANALYSIS OF FACTS MARKET FOR SHUNT COMPENSATION TYPE, 2020�2025 (USD MILLION)

8.5 IMPACT OF COVID-19 ON COMPENSATION TYPE

9 FLEXIBLE AC TRANSMISSION SYSTEM MARKET, BY APPLICATION (Page No. - 65)

9.1 INTRODUCTION

TABLE 16 FACTS MARKET, BY APPLICATION, 2016�2019 (USD MILLION)

TABLE 17 FACTS MARKET, BY APPLICATION, 2020�2025 (USD MILLION)

9.2 VOLTAGE CONTROL

9.2.1 VOLTAGE CONTROL DOMINATED FACTS MARKET, IN TERMS OF SIZE, IN 2019

TABLE 18 FACTS MARKET FOR VOLTAGE CONTROL, BY REGION, 2016�2019 (USD MILLION)

TABLE 19 FACTS MARKET FOR VOLTAGE CONTROL, BY REGION, 2020�2025 (USD MILLION)

9.3 POWER CONTROL

9.3.1 AMERICAS HELD LARGEST SHARE OF POWER CONTROL MARKET IN 2019

TABLE 20 FACTS MARKET FOR POWER CONTROL, BY REGION, 2016�2019 (USD THOUSAND)

TABLE 21 FACTS MARKET FOR POWER CONTROL, BY REGION, 2020�2025 (USD THOUSAND)

TABLE 22 FACTS MARKET FOR POWER CONTROL IN AMERICAS, BY REGION, 2016�2019 (USD MILLION)

TABLE 23 FACTS MARKET FOR POWER CONTROL IN AMERICAS, BY REGION, 2020�2025 (USD MILLION)

FIGURE 24 PRE- AND POST-COVID-19 ANALYSIS OF FACTS MARKET FOR VOLTAGE CONTROL, 2020�2025 (USD MILLION

9.4 IMPACT OF COVID-19 ON APPLICATIONS

10 FLEXIBLE AC TRANSMISSION SYSTEM MARKET, BY VERTICAL (Page No. - 70)

10.1 INTRODUCTION

TABLE 24 FACTS MARKET, BY VERTICAL, 2016�2019 (USD MILLION)

TABLE 25 FACTS MARKET, BY VERTICAL, 2020�2025 (USD MILLION)

10.2 UTILITIES

10.2.1 UTILITIES TO DOMINATE FACTS MARKET IN COMING YEARS

TABLE 26 FACTS MARKET FOR UTILITIES, BY REGION, 2016�2019 (USD MILLION)

TABLE 27 FACTS MARKET FOR UTILITIES, BY REGION, 2020�2025 (USD MILLION)

10.3 RENEWABLES

10.3.1 MARKET FOR RENEWABLES TO REGISTER HIGHEST CAGR

TABLE 28 FACTS MARKET FOR RENEWABLES, BY REGION, 2016�2019 (USD THOUSAND)

TABLE 29 FACTS MARKET FOR RENEWABLES, BY REGION, 2020�2025 (USD THOUSAND)

10.4 INDUSTRIAL

10.4.1 INCREASING NEED FOR POWER QUALITY AND STABILITY IS BOOSTING DEMAND FOR FACTS IN INDUSTRIAL VERTICAL

TABLE 30 FACTS MARKET FOR INDUSTRIAL, BY REGION, 2016�2019 (USD THOUSAND)

TABLE 31 FACTS MARKET FOR INDUSTRIAL, BY REGION, 2020�2025 (USD THOUSAND)

10.5 RAILWAYS

10.5.1 APAC HELD LARGEST SHARE OF THE MARKET FOR RAILWAYS IN 2019

TABLE 32 FACTS MARKET FOR RAILWAYS, BY REGION, 2016�2019 (USD THOUSAND)

TABLE 33 FACTS MARKET FOR RAILWAYS, BY REGION, 2020�2025 (USD THOUSAND)

FIGURE 25 PRE- AND POST-COVID-19 ANALYSIS OF FACTS MARKET FOR UTILITIES, 2020�2025 (USD MILLION)

10.6 IMPACT OF COVID-19 ON VERTICALS OF THE MARKET

11 FLEXIBLE AC TRANSMISSION SYSTEM MARKET, BY GENERATION TYPE (Page No. - 77)

11.1 INTRODUCTION

TABLE 34 FACTS MARKET, BY GENERATION TYPE, 2016�2019 (USD MILLION)

TABLE 35 FACTS MARKET, BY GENERATION TYPE, 2020�2025 (USD MILLION)

11.2 FIRST GENERATION

11.2.1 SVC AND SERIES COMPENSATION ARE FIRST GENERATION FACTS DEVICES

TABLE 36 FACTS MARKET FOR FIRST GENERATION TYPE, BY REGION, 2016�2019 (USD MILLION)

TABLE 37 FACTS MARKET FOR FIRST GENERATION TYPE, BY REGION, 2020�2025 (USD MILLION)

11.3 SECOND GENERATION

11.3.1 EUROPE ACCOUNTED LARGEST SHARE FOR SECOND GENERATION FACTS DEVICES

TABLE 38 FACTS MARKET FOR SECOND GENERATION TYPE, BY REGION, 2016�2019 (USD MILLION)

TABLE 39 FACTS MARKET FOR SECOND GENERATION TYPE, BY REGION, 2020�2025 (USD MILLION)

FIGURE 26 PRE- AND POST-COVID-19 ANALYSIS OF FACTS MARKET FOR SECOND GENERATION TYPE, 2020�2025 (USD MILLION)

11.4 IMPACT OF COVID-19 ON GENERATION TYPES

12 GEOGRAPHIC ANALYSIS (Page No. - 82)

12.1 INTRODUCTION

FIGURE 27 FACTS MARKET IN INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD

TABLE 40 FACTS MARKET, BY REGION, 2016�2019 (USD MILLION)

TABLE 41 FACTS MARKET, BY REGION, 2020�2025 (USD MILLION)

12.2 AMERICAS

FIGURE 28 AMERICAS: SNAPSHOT OF FACTS MARKET

TABLE 42 FACTS MARKET IN AMERICAS, BY REGION, 2016�2019 (USD MILLION)

TABLE 43 FACTS MARKET IN AMERICAS, BY REGION, 2020�2025 (USD MILLION)

TABLE 44 FACTS MARKET IN AMERICAS, BY COMPENSATION TYPE, 2016�2019 (USD THOUSAND)

TABLE 45 FACTS MARKET IN AMERICAS, BY COMPENSATION TYPE, 2020�2025 (USD THOUSAND)

TABLE 46 FACTS MARKET IN AMERICAS, BY SHUNT COMPENSATION, 2016�2019 (USD MILLION)

TABLE 47 FACTS MARKET IN AMERICAS, BY SHUNT COMPENSATION, 2020�2025 (USD MILLION)

TABLE 48 FACTS MARKET IN AMERICAS, BY GENERATION TYPE, 2016�2019 (USD MILLION)

TABLE 49 FACTS MARKET IN AMERICAS, BY GENERATION TYPE, 2020�2025 (USD MILLION)

TABLE 50 FACTS MARKET IN AMERICAS, BY VERTICAL, 2016�2019 (USD THOUSAND)

TABLE 51 FACTS MARKET IN AMERICAS, BY VERTICAL, 2020�2025 (USD THOUSAND)

TABLE 52 FACTS MARKET IN AMERICAS, BY APPLICATION, 2016�2019 (USD MILLION)

TABLE 53 FACTS MARKET IN AMERICAS, BY APPLICATION, 2020�2025 (USD MILLION)

12.2.1 NORTH AMERICA

TABLE 54 FACTS MARKET IN NORTH AMERICA, BY COUNTRY, 2016�2019 (USD MILLION)

TABLE 55 FACTS MARKET IN NORTH AMERICA, BY COUNTRY, 2020�2025 (USD MILLION)

TABLE 56 FACTS MARKET IN NORTH AMERICA, BY COMPENSATION TYPE, 2016�2019 (USD THOUSAND)

TABLE 57 FACTS MARKET IN NORTH AMERICA, BY COMPENSATION TYPE, 2020�2025 (USD THOUSAND)

TABLE 58 FACTS MARKET IN NORTH AMERICA, BY SHUNT COMPENSATION, 2016�2019 (USD MILLION)

TABLE 59 FACTS MARKET IN NORTH AMERICA, BY SHUNT COMPENSATION, 2020�2025 (USD MILLION)

TABLE 60 FACTS MARKET IN NORTH AMERICA, BY GENERATION TYPE, 2016�2019 (USD MILLION)

TABLE 61 FACTS MARKET IN NORTH AMERICA, BY GENERATION TYPE, 2020�2025 (USD MILLION)

TABLE 62 FACTS MARKET IN NORTH AMERICA, BY VERTICAL, 2016�2019 (USD THOUSAND)

TABLE 63 FACTS MARKET IN NORTH AMERICA, BY VERTICAL, 2020�2025(USD THOUSAND)

TABLE 64 FACTS MARKET IN NORTH AMERICA, BY APPLICATION, 2016�2019 (USD MILLION)

TABLE 65 FACTS MARKET IN NORTH AMERICA, BY APPLICATION, 2020�2025 (USD MILLION)

12.2.1.1 US

12.2.1.1.1 US is largest market for FACTS in North America

TABLE 66 FACTS MARKET IN US, BY SHUNT COMPENSATION, 2016�2019 (USD THOUSAND)

TABLE 67 FACTS MARKET IN US, BY SHUNT COMPENSATION, 2020�2025 (USD THOUSAND)

TABLE 68 FACTS MARKET IN US, BY APPLICATION, 2016�2019 (USD THOUSAND)

TABLE 69 FACTS MARKET IN US, BY APPLICATION, 2020�2025 (USD THOUSAND)

12.2.1.2 Rest of North America

TABLE 70 FACTS MARKET IN REST OF NORTH AMERICA, BY SHUNT COMPENSATION, 2016�2019 (USD THOUSAND)

TABLE 71 FACTS MARKET IN REST OF NORTH AMERICA, BY SHUNT COMPENSATION, 2020�2025 (USD THOUSAND)

TABLE 72 FACTS MARKET IN REST OF NORTH AMERICA, BY APPLICATION, 2016�2019 (USD THOUSAND)

TABLE 73 FACTS MARKET IN REST OF NORTH AMERICA, BY APPLICATION, 2020�2025 (USD THOUSAND)

12.2.2 SOUTH AMERICA

TABLE 74 FACTS MARKET IN SOUTH AMERICA, BY COUNTRY, 2016�2019 (USD MILLION)

TABLE 75 FACTS MARKET IN SOUTH AMERICA, BY COUNTRY, 2020�2025(USD MILLION)

TABLE 76 FACTS MARKET IN SOUTH AMERICA, BY COMPENSATION TYPE, 2016�2019 (USD THOUSAND)

TABLE 77 FACTS MARKET IN SOUTH AMERICA, BY COMPENSATION TYPE, 2020�2025 (USD THOUSAND)

TABLE 78 FACTS MARKET IN SOUTH AMERICA, BY SHUNT COMPENSATION, 2016�2019 (USD MILLION)

TABLE 79 FACTS MARKET IN SOUTH AMERICA, BY SHUNT COMPENSATION, 2020�2025 (USD MILLION)

TABLE 80 FACTS MARKET IN SOUTH AMERICA, BY GENERATION TYPE, 2016�2019 (USD MILLION)

TABLE 81 FACTS MARKET IN SOUTH AMERICA, BY GENERATION TYPE, 2020�2025 (USD MILLION)

TABLE 82 FACTS MARKET IN SOUTH AMERICA, BY VERTICAL, 2016�2019 (USD THOUSAND)

TABLE 83 FACTS MARKET IN SOUTH AMERICA, BY VERTICAL, 2020�2025 (USD THOUSAND)

TABLE 84 FACTS MARKET IN SOUTH AMERICA, BY APPLICATION, 2016�2019 (USD MILLION)

TABLE 85 FACTS MARKET IN SOUTH AMERICA, BY APPLICATION, 2020�2025 (USD MILLION)

12.2.2.1 Brazil

12.2.2.1.1 Increase in investment for expansion of energy infrastructure drives FACTS markets in Brazil

TABLE 86 FACTS MARKET IN BRAZIL, BY SHUNT COMPENSATION, 2016�2019 (USD MILLION)

TABLE 87 FACTS MARKET IN BRAZIL, BY SHUNT COMPENSATION, 2020�2025 (USD MILLION)

TABLE 88 FACTS MARKET IN BRAZIL, BY APPLICATION, 2016�2019 (USD MILLION)

TABLE 89 FACTS MARKET IN BRAZIL, BY APPLICATION, 2020�2025 (USD MILLION)

12.2.2.2 Rest of South America

TABLE 90 FACTS MARKET IN REST OF SOUTH AMERICA, BY SHUNT COMPENSATION, 2016�2019 (USD THOUSAND)

TABLE 91 FACTS MARKET IN REST OF SOUTH AMERICA, BY SHUNT COMPENSATION, 2020�2025 (USD THOUSAND)

TABLE 92 FACTS MARKET IN REST OF SOUTH AMERICA, BY APPLICATION, 2016�2019 (USD THOUSAND)

TABLE 93 FACTS MARKET IN REST OF SOUTH AMERICA, BY APPLICATION, 2020�2025 (USD THOUSAND)

12.3 EUROPE

FIGURE 29 EUROPE: SNAPSHOT OF FACTS MARKET

TABLE 94 FACTS MARKET IN EUROPE, BY COUNTRY, 2016�2019 (USD MILLION)

TABLE 95 FACTS MARKET IN EUROPE, BY COUNTRY, 2020�2025 (USD MILLION)

TABLE 96 FACTS MARKET IN EUROPE, BY COMPENSATION TYPE, 2016�2019 (USD THOUSAND)

TABLE 97 FACTS MARKET IN EUROPE, BY COMPENSATION TYPE, 2020�2025 (USD THOUSAND)

TABLE 98 FACTS MARKET IN EUROPE, BY SHUNT COMPENSATION, 2016�2019 (USD MILLION)

TABLE 99 FACTS MARKET IN EUROPE, BY SHUNT COMPENSATION, 2020�2025 (USD MILLION)

TABLE 100 FACTS MARKET IN EUROPE, BY GENERATION TYPE, 2016�2019 (USD MILLION)

TABLE 101 FACTS MARKET IN EUROPE, BY GENERATION TYPE, 2020�2025 (USD MILLION)

TABLE 102 FACTS MARKET IN EUROPE, BY VERTICAL, 2016�2019 (USD THOUSAND)

TABLE 103 FACTS MARKET IN EUROPE, BY VERTICAL, 2020�2025 (USD THOUSAND)

TABLE 104 FACTS MARKET IN EUROPE, BY APPLICATION, 2016�2019 (USD MILLION)

TABLE 105 FACTS MARKET IN EUROPE, BY APPLICATION, 2020�2025 (USD MILLION)

12.3.1 UK

12.3.1.1 UK is the major consumer of FACTS in Europe

TABLE 106 FACTS MARKET IN UK, BY SHUNT COMPENSATION, 2016�2019 (USD THOUSAND)

TABLE 107 FACTS MARKET IN UK, BY SHUNT COMPENSATION, 2020�2025 (USD THOUSAND)

TABLE 108 FACTS MARKET IN UK, BY APPLICATION, 2016�2019 (USD THOUSAND)

TABLE 109 FACTS MARKET IN UK, BY APPLICATION, 2020�2025 (USD THOUSAND)

12.3.2 GERMANY

12.3.2.1 Facts markets in Germany to register highest CAGR during forecast period

TABLE 110 FACTS MARKET IN GERMANY, BY SHUNT COMPENSATION, 2016�2019 (USD MILLION)

TABLE 111 FACTS MARKET IN GERMANY, BY SHUNT COMPENSATION, 2020�2025 (USD MILLION)

TABLE 112 FACTS MARKET IN GERMANY, BY APPLICATION, 2016�2019 (USD MILLION)

TABLE 113 FACTS MARKET IN GERMANY, BY APPLICATION, 2020�2025 (USD MILLION)

12.3.3 FRANCE

12.3.3.1 Smart grid infrastructure to drive facts market in France

TABLE 114 FACTS MARKET IN FRANCE, BY SHUNT COMPENSATION, 2016�2019 (USD THOUSAND)

TABLE 115 FACTS MARKET IN FRANCE, BY SHUNT COMPENSATION, 2020�2025 (USD THOUSAND)

TABLE 116 FACTS MARKET IN FRANCE, BY APPLICATION, 2016�2019 (USD THOUSAND)

TABLE 117 FACTS MARKET IN FRANCE, BY APPLICATION, 2020�2025 (USD THOUSAND)

12.3.4 REST OF EUROPE

TABLE 118 FACTS MARKET IN REST OF EUROPE, BY SHUNT COMPENSATION, 2016�2019 (USD MILLION)

TABLE 119 FACTS MARKET IN REST OF EUROPE, BY SHUNT COMPENSATION, 2020�2025 (USD MILLION)

TABLE 120 FACTS MARKET IN REST OF EUROPE, BY APPLICATION, 2016�2019 (USD MILLION)

TABLE 121 FACTS MARKET IN REST OF EUROPE, BY APPLICATION, 2020�2025 (USD MILLION)

12.4 APAC

FIGURE 30 APAC: SNAPSHOT OF FACTS MARKET

TABLE 122 FACTS MARKET IN APAC, BY COUNTRY, 2016�2019 (USD MILLION)

TABLE 123 FACTS MARKET IN APAC, BY COUNTRY, 2020�2025 (USD MILLION)

TABLE 124 FACTS MARKET IN APAC, BY COMPENSATION TYPE, 2016�2019 (USD MILLION)

TABLE 125 FACTS MARKET IN APAC, BY COMPENSATION TYPE, 2020�2025 (USD MILLION)

TABLE 126 FACTS MARKET IN APAC, BY SHUNT COMPENSATION, 2016�2019 (USD MILLION)

TABLE 127 FACTS MARKET IN APAC, BY SHUNT COMPENSATION, 2020�2025 (USD MILLION)

TABLE 128 FACTS MARKET IN APAC, BY GENERATION TYPE, 2016�2019 (USD MILLION)

TABLE 129 FACTS MARKET IN APAC, BY GENERATION TYPE, 2020�2025 (USD MILLION)

TABLE 130 FACTS MARKET IN APAC, BY VERTICAL, 2016�2019 (USD MILLION)

TABLE 131 FACTS MARKET IN APAC, BY VERTICAL, 2020�2025 (USD MILLION)

TABLE 132 FACTS MARKET IN APAC, BY APPLICATION, 2016�2019 (USD MILLION)

TABLE 133 FACTS MARKET IN APAC, BY APPLICATION, 2020�2025 (USD MILLION)

12.4.1 CHINA

12.4.1.1 China to hold largest share of facts market in APAC during forecast period

TABLE 134 FACTS MARKET IN CHINA, BY SHUNT COMPENSATION, 2016�2019 (USD MILLION)

TABLE 135 FACTS MARKET IN CHINA, BY SHUNT COMPENSATION, 2020�2025 (USD MILLION)

TABLE 136 FACTS MARKET IN CHINA, BY APPLICATION, 2016�2019 (USD MILLION)

TABLE 137 FACTS MARKET IN CHINA, BY APPLICATION, 2020�2025 (USD MILLION)

12.4.2 INDIA

12.4.2.1 Government support for expansion of transmission network to drive facts market in India

TABLE 138 FACTS MARKET IN INDIA, BY SHUNT COMPENSATION, 2016�2019 (USD THOUSAND)

TABLE 139 FACTS MARKET IN INDIA, BY SHUNT COMPENSATION, 2020�2025 (USD THOUSAND)

TABLE 140 FACTS MARKET IN INDIA, BY APPLICATION, 2016�2019 (USD THOUSAND)

TABLE 141 FACTS MARKET IN INDIA, BY APPLICATION, 2020�2025 (USD THOUSAND)

12.4.3 SOUTH KOREA

12.4.3.1 Requirement for constructing new transmission lines drives facts market in South Korea

TABLE 142 FACTS MARKET IN SOUTH KOREA, BY SHUNT COMPENSATION, 2016�2019 (USD THOUSAND)

TABLE 143 FACTS MARKET IN SOUTH KOREA, BY SHUNT COMPENSATION, 2020�2025 (USD THOUSAND)

TABLE 144 FACTS MARKET IN SOUTH KOREA, BY APPLICATION, 2016�2019 (USD THOUSAND)

TABLE 145 FACTS MARKET IN SOUTH KOREA, BY APPLICATION, 2020�2025 (USD THOUSAND)

12.4.4 REST OF APAC

TABLE 146 FACTS MARKET IN REST OF APAC, BY SHUNT COMPENSATION, 2016�2019 (USD THOUSAND)

TABLE 147 FACTS MARKET IN REST OF APAC, BY SHUNT COMPENSATION, 2020�2025 (USD THOUSAND)

TABLE 148 FACTS MARKET IN REST OF APAC, BY APPLICATION, 2016�2019 (USD MILLION)

TABLE 149 FACTS MARKET IN REST OF APAC, BY APPLICATION, 2020�2025(USD MILLION)

12.5 ROW

TABLE 150 FACTS MARKET IN ROW, BY REGION, 2016�2019 (USD MILLION)

TABLE 151 FACTS MARKET IN ROW, BY REGION, 2020�2025 (USD MILLION)

TABLE 152 FACTS MARKET IN ROW, BY COMPENSATION TYPE, 2016�2019 (USD THOUSAND)

TABLE 153 FACTS MARKET IN ROW, BY COMPENSATION TYPE, 2020�2025 (USD THOUSAND)

TABLE 154 FACTS MARKET IN ROW, BY SHUNT COMPENSATION, 2016�2019(USD THOUSAND)

TABLE 155 FACTS MARKET IN ROW, BY SHUNT COMPENSATION, 2020�2025 (USD THOUSAND)

TABLE 156 FACTS MARKET IN ROW, BY GENERATION TYPE, 2016�2019 (USD MILLION)

TABLE 157 FACTS MARKET IN ROW, BY GENERATION TYPE, 2020�2025 (USD MILLION)

TABLE 158 FACTS MARKET IN ROW, BY VERTICAL, 2016�2019 (USD THOUSAND)

TABLE 159 FACTS MARKET IN ROW, BY VERTICAL, 2020�2025 (USD THOUSAND)

TABLE 160 FACTS MARKET IN ROW, BY APPLICATION, 2016�2019 (USD THOUSAND)

TABLE 161 FACTS MARKET IN ROW, BY APPLICATION, 2020�2025 (USD THOUSAND)

12.5.1 MIDDLE EAST

12.5.1.1 Growing number of oil & gas industries in the Middle East to drive FACTS market

TABLE 162 FACTS MARKET IN MIDDLE EAST, BY SHUNT COMPENSATION, 2016�2019 (USD THOUSAND)

TABLE 163 FACTS MARKET IN MIDDLE EAST, BY SHUNT COMPENSATION, 2020�2025 (USD THOUSAND)

TABLE 164 FACTS MARKET IN MIDDLE EAST, BY APPLICATION, 2016�2019 (USD THOUSAND)

TABLE 165 FACTS MARKET IN MIDDLE EAST, BY APPLICATION, 2020�2025 (USD THOUSAND)

12.5.2 AFRICA

12.5.2.1 Africa to hold larger share of FACTS market in RoW

TABLE 166 FACTS MARKET IN AFRICA, BY SHUNT COMPENSATION, 2016�2019 (USD THOUSAND)

TABLE 167 FACTS MARKET IN AFRICA, BY SHUNT COMPENSATION, 2020�2025 (USD THOUSAND)

TABLE 168 FACTS MARKET IN AFRICA, BY APPLICATION, 2016�2019 (USD THOUSAND)

TABLE 169 FACTS MARKET IN AFRICA, BY APPLICATION, 2020�2025 (USD THOUSAND)

12.6 COVID-19 IMPACT ON MAJOR REGIONS

FIGURE 31 PRE- VS. POST-COVID-19 COMPARISON FOR AMERICAS FACTS MARKET

FIGURE 32 PRE- VS. POST-COVID-19 COMPARISON FOR APAC FACTS MARKET

13 COMPETITIVE LANDSCAPE (Page No. - 122)

13.1 OVERVIEW

FIGURE 33 PRODUCT DEVELOPMENTS KEY GROWTH STRATEGY FROM 2017 TO 2020

13.2 RANKING ANALYSIS OF KEY PLAYERS IN FLEXIBLE AC TRANSMISSION SYSTEM MARKET

FIGURE 34 FLEXIBLE AC TRANSMISSION SYSTEM MARKET: RANKING OF KEY COMPANIES

13.3 COMPETITIVE SITUATIONS AND TRENDS

13.3.1 PRODUCT DEVELOPMENTS

TABLE 170 PRODUCT DEVELOPMENTS, 2017�2020

13.3.2 AGREEMENTS

TABLE 171 AGREEMENTS, 2018�2020

13.3.3 COLLABORATION

TABLE 172 COLLABORATION, 2018�2019

13.3.4 CONTRACTS

TABLE 173 CONTRACTS, 2017�2019

13.3.5 DIVESTMENTS

TABLE 174 DIVESTMENTS, 2018�2019

13.3.6 EXPANSION

TABLE 175 EXPANSION, 2018�2019

13.3.7 PARTNERSHIPS

TABLE 176 PARTNERSHIPS, 2018�2020

13.3.8 ACQUISITIONS

TABLE 177 ACQUISITIONS, 2018�2020

13.4 COMPETITIVE LEADERSHIP MAPPING, 2019

13.4.1 VISIONARY LEADERS

13.4.2 DYNAMIC DIFFERENTIATORS

13.4.3 INNOVATORS

13.4.4 EMERGING COMPANIES

FIGURE 35 FLEXIBLE AC TRANSMISSION SYSTEM MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019

14 COMPANY PROFILE (Page No. - 133)

14.1 KEY PLAYERS

(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View, and COVID-19 Update)*

14.1.1 ABB (HITACHI)

FIGURE 36 ABB: COMPANY SNAPSHOT

14.1.2 RONGXIN POWER ENGINEERING LTD (RXPE)

14.1.3 GENERAL ELECTRIC (GE)

FIGURE 37 GENERAL ELECTRIC: COMPANY SNAPSHOT

14.1.4 SIEMENS

FIGURE 38 SIEMENS: COMPANY SNAPSHOT

14.1.5 MITSUBISHI ELECTRIC

FIGURE 39 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT

14.1.6 AMERICAN SUPERCONDUCTOR

FIGURE 40 AMERICAN SUPERCONDUCTOR: COMPANY SNAPSHOT

14.1.7 INFINEON

FIGURE 41 INFINEON: COMPANY SNAPSHOT

14.1.8 NR ELECTRIC

14.1.9 HYOSUNG HEAVY INDUSTRIES

14.1.10 INGETEAM POWER TECHNOLOGY

* Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View, and COVID-19 Update might not be captured in case of unlisted companies.

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)

15 ADJACENT MARKET: DIGITAL SUBSTATION MARKET (Page No. - 169)

15.1 MARKET DEFINITION

15.1.1 INCLUSIONS AND EXCLUSIONS

TABLE 178 DIGITAL SUBSTATION MARKET, BY MODULE, 2017�2025 (USD MILLION)

TABLE 179 DIGITAL SUBSTATION MARKET FOR HARDWARE, BY TYPE, 2017�2025 (USD MILLION)

TABLE 180 DIGITAL SUBSTATION MARKET, BY TYPE, 2017�2025 (USD BILLION)

TABLE 181 DIGITAL SUBSTATION MARKET, BY INSTALLATION TYPE, 2017�2025 (USD BILLION)

TABLE 182 DIGITAL SUBSTATION MARKET, BY VOLTAGE, 2017�2025 (USD MILLION)

TABLE 183 DIGITAL SUBSTATION MARKET, BY INDUSTRY, 2017�2025 (USD MILLION)

TABLE 184 DIGITAL SUBSTATION MARKET, BY REGION, 2017�2025 (USD BILLION)

16 APPENDIX (Page No. - 173)

16.1 INSIGHTS FROM INDUSTRY EXPERTS

16.2 DISCUSSION GUIDE

16.3 KNOWLEDGE STORE: MARKETSANDMARKETS� SUBSCRIPTION PORTAL

16.4 AVAILABLE CUSTOMIZATIONS

16.5 RELATED REPORTS

16.6 AUTHOR DETAILS