A flexible alternating current transmission system (FACTS) is a power electronic based system. It enhances the controllability and power transfer capability of a power transmission network. This system provides control of one or more AC transmission parameters. The main purpose of this system is to supply inductive or captive power as quickly as possible to the network.
The report “Flexible Alternating Current Transmission System Market Forecast, 2014-2019”, analyses the market in terms of geography. The market segmentation on th basis of geography covers America, Europe, Asia-Pacific, and ROW.
The growing demand for power across the globe is supported by upgraded and replacement of power infrastructure, demand of high quality and reliable power supply for electric utility, steel industry, mining, and increasing share of renewable solar and wind energy. In case of electric transmission, the flexible AC transmission systems have seen growth in recent years in addressing huge transmission loss and voltage fluctuation.
Flexible Alternating Current Transmission System provide dynamic reactive power support and voltage control. It reduces the need for construction of new transmission lines, capacitors, and reactors. It also improves the system stability.
In addition, the report provides an extensive competitive landscaping of key companies operating in Flexible Alternating Current Transmission System market which includes ABB Ltd. (Switzerland), Alstom (France), Siemens (Germany), and others. Further, the details of country wise market share, new product and service launches, M&A, and product portfolio of key players is also covered in the report.
Along with the Flexible Alternating Current Transmission System market data, you can also customize MMM assessments that meet your company’s specific needs. Customize to get comprehensive industry standard and deep-dive analysis of the following parameters:
Product Benchmarking Outlook
Ø Differences between HVDC and FACTS
Customer Segment Outlook
Ø Flexible Alternating Current Transmission System benefiting mining activities
Ø Benefits of Flexible Alternating Current Transmission System controller for AC power system
Ø Flexible Alternating Current Transmission System benefiting steel industry
Ø Challenges to Flexible Alternating Current Transmission System
Please fill in the form below to receive a free copy of the Summary of this Report
Please visit http://www.micromarketmonitor.com/custom-research-services.html to specify your custom Research Requirement