Dublin, Oct. 18, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/jm5tc7/flexible_ac) has announced the addition of the "Flexible AC Transmission System (FACTS) Market by Compensation (Shunt, Series, Combined), Component (Thyristors, Capacitor Banks, Reactors), Application, Industry Vertical (Electric Utilities, Steel, Mining), Global Forecast & Analysis (2013 - 2018)" report to their offering.
The Overall FACTS Market Is Projected To Reach $1,386.01 Million By 2018 From The $912.85 Million That It Accounted For In 2012, At A CAGR Of 7.23% From 2013 To 2018.
The ever increasing requirement of high power supply quality and
high network reliability for applications such as electric
utilities, steel industry and mining is expected to drive the
global demand of FACTS devices from 2013 to 2018. In addition, the
upgrade and replacement of power infrastructure in developed
economies such as Americas and Europe, and the power capacity
addition in developing regions such as APAC and ROW are also
expected to play a crucial role in the growth of FACTS
market.
The global Flexible AC Transmission System market can be majorly
divided into three compensation types, namely shunt, series,
combined series, and shunt connected. Shunt compensation consists
of two devices: Static Var Compensator (SVC) and Static Synchronous
Compensator (STATCOM); Series compensation is made up of Fixed
Series Capacitor (FSC) and Thyristor Controlled Series Capacitor
(TCSC); and combined series and shunt connected compensation
consists of Unified Power Flow Controller (UPFC) and Interline
Power Flow controller (IPFC).
This report also focuses on the components used in FACTS devices,
such as power electronic devices, thyristors, reactors, capacitor
banks, switchgear, protection and control systems,and so on. Steady
state applications and dynamic applications of Flexible AC
Transmission System devices such as voltage control, power flow
balancing, transient stability, voltage stability, power
oscillations damping, and sub synchronous resonance mitigation are
also discussed in the report.
The Flexible AC Transmission System market is also analyzed on the
basis of end user applications that include electric utilities,
steel industry, mining, and others (wind power, railways). The
global market by geography is segmented by various geographic
regions such as Americas, Europe, APAC and ROW. The regional market
has also been segmented by different countries. Each of the
mentioned regions is further segmented by compensation type and
industry verticals. Apart from market segmentation, the report also
includes the cost and performance analysis of various FACTS devices
such as SVC, STATCOM, FSC, and TCSC.
In this report, the in-depth analysis of global market by
enveloping all major market segments with complete qualitative
analysis at each and every aspect,is given, for the forecast period
from 2013 to 2018. This report also examines the market dynamics of
FACTS market through five headings: drivers, restraints,
opportunities, burning issues and winning imperatives. The detailed
Porter's five force analysis for the global market is also given in
the report,which gives the understanding of all the contributing
factors that affect the market; and their impact on its growth.
The company profiles' of all the major players in the Flexible
AC Transmission System market are added in the report to give a
broader picture of the competition scenario in this market. The
report also includes a competitive landscape segment that covers
all key growth strategies of major players in the market such as
ABB, Alstom, Siemens, Mitsubishi Electric, General Electric,
American Superconductor Corporation, and Toshiba among many others.
The Competitive landscape includes market share analysis, mergers
and acquisitions, partnerships, new product developments, and the
key growth strategies of each player.
Key Topics Covered
1 Introduction
2 Executive Summary
3 Cover Story: Electranix Corporation
4 Market Overview
5 Market By Compensation Type
6 Market By Component
7 Market By Application
8 Market By Industry Verticals
9 Market By Geography
10 Competitive Landscape
11 Company Profiles
Companies Mentioned
- Abb
- Adani Power
- Alstom Sa
- American Electric Power
- American Superconductor Corporation
- Beta Engineering
- Corpoelec
- Crompton Greaves
- Eaton Corporation
- Electranix Corporation
- General Electric
- Hyosung Power & Industrial Systems
- Mitsubishi Electric Power Products
- Nampower
- Quanta Technology
- Rongxin Power Electronic
- Rtds Technologies
- S&C Electric Company
- Schneider Electric
- Siemens Energy
- Sieyuan Electric
- Toshiba Transmission & Distribution Systems Asia
- Transgrid Solutions
- Trench Group
- Xian Electric Engineering
For more information visit http://www.researchandmarkets.com/research/jm5tc7/flexible_ac
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