Europe Flexible Ac Transmission Systems (facts) Market Size & Outlook
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Europe flexible ac transmission systems (facts) market highlights
- The Europe flexible ac transmission systems (facts) market generated a revenue of USD 338.3 million in 2024.
- The market is expected to grow at a CAGR of 3.6% from 2025 to 2033.
- In terms of segment, series compensation was the largest revenue generating technology in 2024.
- Series Compensation is the most lucrative technology segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2024 | USD 338.3 million |
| Market revenue in 2033 | USD 464.7 million |
| Growth rate | 3.6% (CAGR from 2025 to 2033) |
| Largest segment | Series compensation |
| Fastest growing segment | Series Compensation |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Series Compensation |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.0% of the global flexible ac transmission systems (facts) market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 697.0 million by 2033.
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Flexible AC Transmission Systems (FACTS) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| General Electric Company | View profile | - | - | - |
| Toshiba Energy Systems & Solutions | View profile | 5001-10000 | Kanagawa, Fukushima, Japan, Asia | https://www.toshiba-energy.com |
| ABB Ltd. | View profile | - | - | - |
| Hyosung Heavy Industries | View profile | 1001-5000 | Mapo, Seoul-t'ukpyolsi, South Korea, Asia | http://www.hyosungheavyindustries.com/ |
| Rongxin Power Electronic | View profile | - | Shenzhen, Guangdong, China, Asia | - |
| American Superconductor Corp | View profile | 337 | 114 East Main Street, Ayer, MA, United States, 01432 | https://www.amsc.com |
| Hitachi Energy | View profile | 10001+ | Zürich, Zurich, Switzerland, Europe | https://www.hitachienergy.com/ |
| NR Electric USA | View profile | 1001-5000 | Nanjing, Jiangsu, China, Asia | https://www.nrelect.com |
| Siemens Energy AG ADR | View profile | 97000 | Otto-Hahn-Ring 6, Munich, BY, Germany, 81739 | https://www.siemens-energy.com |
| Mitsubishi Electric Corp | View profile | 149134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | https://www.mitsubishielectric.com |
Europe flexible ac transmission systems (facts) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flexible ac transmission systems (facts) market will help companies and investors design strategic landscapes.
Series compensation was the largest segment with a revenue share of 103.16% in 2024. Horizon Databook has segmented the Europe flexible ac transmission systems (facts) market based on series compensation covering the revenue growth of each sub-segment from 2021 to 2033.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe flexible ac transmission systems (facts) market , including forecasts for subscribers. This continent databook contains high-level insights into Europe flexible ac transmission systems (facts) market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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