Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Analysis Period
1.4 Market Data Reporting Unit
1.4.1 Volume
1.4.2 Value
1.5 Market Size Breakdown by Segment
1.5.1 Market Segmentation by Application
1.5.2 Market Segmentation by Compensation Type
1.5.3 Market Segmentation by End User
1.5.4 Market Segmentation by Region
1.6 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.1.1 Paid
2.1.2 Unpaid
2.1.3 P&S Intelligence Database
2.2 Primary Research
2.2.1 Breakdown of Primary Research, by Region
2.2.2 Breakdown of Primary Research, by Industry Participant
2.2.3 Breakdown of Primary Research, by Designation
2.2.5 Breakdown of Primary Research, by Company Type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Currency Conversion Rates
2.6 Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
4.1 Rising Industrialization and Urbanization Rates
4.2 Growing Electric Power Transmission and Distribution Spending in the U.S.
Chapter 5. Definition of Market Segments
5.1 By Application
5.1.1 Voltage Control
5.1.2 Power Control
5.2 By Compensation Type
5.2.1 Series
5.2.1.1 TCSC
5.2.1.2 TCSR
5.2.1.3 TSSC
5.2.1.4 SSSC
5.2.2 Shunt
5.2.2.1 STATCOM
5.2.2.2 SVC
5.2.2.2.1 TSR
5.2.2.2.2 TSC
5.2.2.2.3 TCR
5.2.3 Combined
5.2.3.1 UPFC (series–shunt)
5.2.3.2 IPFC (series–series)
5.3 By End User
5.3.1 Utilities
5.3.2 Industrial
5.3.3 Others
Chapter 6. Industry Outlook
6.1 Market Dynamics
6.1.1 Trends
6.1.1.1 Signing of contracts between market players and electric utilities
6.1.1.2 Technological advancements
6.1.2 Drivers
6.1.2.1 Increasing demand for electricity
6.1.2.2 Increasing focus on grid stability and smart grid development
6.1.2.3 Policy support and government initiatives
6.1.3 Impact Analysis of Drivers on Market Forecast
6.1.4 Restraints
6.1.4.1 Availability of alternatives
6.1.4.2 Complexity of integration into existing grids
6.1.5 Impact Analysis of Restraints on Market Forecast
6.2 Impact of COVID-19
6.3 Value Chain Analysis
6.3.1 Forward Integration in Flexible Alternating Current Transmission System (FACTS)
6.3.1.1 Implementation Services
6.3.1.2 System Integration
6.3.1.3 Maintenance and Support
6.3.1.4 Training and Education
6.3.2 Backward Integration in Flexible Alternating Current Transmission System (FACTS)
6.3.2.1 In-House Component Production
6.3.2.2 Raw Material Production
6.3.2.3 Technology Development
6.3.2.4 Manufacturing Process Control
6.3.2.5 Strategic Partnerships or Acquisitions
6.3.3 Benefits of Integration in FACTS:
6.3.4 Challenges of Integration in FACTS
6.4 Porter’s Five Forces Analysis
6.4.1 Bargaining Power of Buyers
6.4.2 Bargaining Power of Suppliers
6.4.3 Intensity of Rivalry
6.4.4 Threat of New Entrants
6.4.5 Threat of Substitutes
Chapter 7. Global Market Size and Forecast
7.1 Overview
7.2 Market Revenue, by Application (2019–2030)
7.3 Market Revenue, by Compensation Type (2019–2030)
7.3.1 Shunt Market Revenue, by Type (2019–2030)
7.3.2 Shunt Market Volume, by Type (2019–2030)
7.3.2.1 SVC market revenue, by type (2019–2030)
7.3.2.2 SVC market volume, by type (2019–2030)
7.3.3 Series Market Revenue, by Type (2019–2030)
7.3.4 Series Market Volume, by Type (2019–2030)
7.3.5 Combined Market Revenue, by Type (2019–2030)
7.3.6 Combined Market Volume, by Type (2019–2030)
7.4 Market Revenue, by End User (2019–2030)
7.5 Market Revenue, by Region (2019–2030)
Chapter 8. North America Market Size and Forecast
8.1 Overview
8.2 Market Revenue, by Application (2019–2030)
8.3 Market Revenue, by Compensation Type (2019–2030)
8.3.1 Shunt Market Revenue, by Type (2019–2030)
8.3.2 Shunt Market Volume, by Type (2019–2030)
8.3.2.1 SVC market revenue, by type (2019–2030)
8.3.2.2 SVC market volume, by type (2019–2030)
8.3.3 Series Market Revenue, by Type (2019–2030)
8.3.4 Series Market Volume, by Type (2019–2030)
8.3.5 Combined Market Revenue, by Type (2019–2030)
8.3.6 Combined Market Volume, by Type (2019–2030)
8.4 Market Revenue, by End User (2019–2030)
8.5 Market Revenue, by Country (2019–2030)
Chapter 9. Europe Market Size and Forecast
9.1 Overview
9.2 Market Revenue, by Application (2019–2030)
9.3 Market Revenue, by Compensation Type (2019–2030)
9.3.1 Shunt Market Revenue, by Type (2019–2030)
9.3.2 Shunt Market Volume, by Type (2019–2030)
9.3.2.1 SVC market revenue, by type (2019–2030)
9.3.2.2 SVC market volume, by type (2019–2030)
9.3.3 Series Market Revenue, by Type (2019–2030)
9.3.4 Series Market Volume, by Type (2019–2030)
9.3.5 Combined Market Revenue, by Type (2019–2030)
9.3.6 Combined Market Volume, by Type (2019–2030)
9.4 Market Revenue, by End User (2019–2030)
9.5 Market Revenue, by Country (2019–2030)
Chapter 10. APAC Market Size and Forecast
10.1 Overview
10.2 Market Revenue, by Application (2019–2030)
10.3 Market Revenue, by Compensation Type (2019–2030)
10.3.1 Shunt Market Revenue, by Type (2019–2030)
10.3.2 Shunt Market Volume, by Type (2019–2030)
10.3.2.1 SVC market revenue, by type (2019–2030)
10.3.2.2 SVC market volume, by type (2019–2030)
10.3.3 Series Market Revenue, by Type (2019–2030)
10.3.4 Series Market Volume, by Type (2019–2030)
10.3.5 Combined Market Revenue, by Type (2019–2030)
10.3.6 Combined Market Volume, by Type (2019–2030)
10.4 Market Revenue, by End User (2019–2030)
10.5 Market Revenue, by Country (2019–2030)
Chapter 11. LATAM Market Size and Forecast
11.1 Overview
11.2 Market Revenue, by Application (2019–2030)
11.3 Market Revenue, by Compensation Type (2019–2030)
11.3.1 Shunt Market Revenue, by Type (2019–2030)
11.3.2 Shunt Market Volume, by Type (2019–2030)
11.3.2.1 SVC market revenue, by type (2019–2030)
11.3.2.2 SVC market volume, by type (2019–2030)
11.3.3 Series Market Revenue, by Type (2019–2030)
11.3.4 Series Market Volume, by Type (2019–2030)
11.3.5 Combined Market Revenue, by Type (2019–2030)
11.3.6 Combined Market Volume, by Type (2019–2030)
11.4 Market Revenue, by End User (2019–2030)
11.5 Market Revenue, by Country (2019–2030)
Chapter 12. Middle East Market Size and Forecast
12.1 Overview
12.2 Market Revenue, by Application (2019–2030)
12.3 Market Revenue, by Compensation Type (2019–2030)
12.3.1 Shunt Market Revenue, by Type (2019–2030)
12.3.2 Shunt Market Volume, by Type (2019–2030)
12.3.2.1 SVC market revenue, by type (2019–2030)
12.3.2.2 SVC market volume, by type (2019–2030)
12.3.3 Series Market Revenue, by Type (2019–2030)
12.3.4 Series Market Volume, by Type (2019–2030)
12.3.5 Combined Market Revenue, by Type (2019–2030)
12.3.6 Combined Market Volume, by Type (2019–2030)
12.4 Market Revenue, by End User (2019–2030)
12.5 Market Revenue, by Country (2019–2030)
Chapter 13. Africa Market Size and Forecast
13.1 Overview 193
13.2 Market Revenue, by Application (2019–2030)
13.3 Market Revenue, by Compensation Type (2019–2030)
13.3.1 Shunt Market Revenue, by Type (2019–2030)
13.3.2 Shunt Market Volume, by Type (2019–2030)
13.3.2.1 SVC market revenue, by type (2019–2030)
13.3.2.2 SVC market volume, by type (2019–2030)
13.3.3 Series Market Revenue, by Type (2019–2030)
13.3.4 Series Market Volume, by Type (2019–2030)
13.3.5 Combined Market Revenue, by Type (2019–2030)
13.3.6 Combined Market Volume, by Type (2019–2030)
13.4 Market Revenue, by End User (2019–2030)
13.5 Market Revenue, by Country (2019–2030)
Chapter 14. Capex and Opex Analysis
14.1 Capital Expenditure Analysis
14.2 Operating Expenditure Analysis
Chapter 15. Competitive Landscape
15.1 List of Key Players and Their Offerings
15.2 Recent Strategic Developments of Key Players
15.2.1 Client Wins
15.2.2 Other Developments
Chapter 16. Company Profiles
16.1 Mitsubishi Electric Corporation
16.1.1 Business Overview
16.1.2 Product and Service Offerings
16.1.3 Key Financial Summary
16.2 GE Grid Solutions
16.2.1 Business overview
16.2.2 Product and service offerings
16.3 Bharat Heavy Electricals Ltd.
16.3.1 Business Overview
16.3.2 Product and Service Offerings
16.3.3 Key Financial Summary
16.4 Hitachi Ltd.
16.4.1 Business Overview
16.4.2 Product and Service Offerings
16.4.3 Key Financial Summary
16.5 INGETEAM S.A.
16.5.1 Business Overview
16.5.2 Product and Service Offerings
16.6 Nidec ASI S.p.A.
16.6.1 Business Overview
16.6.2 Product and Service Offerings
16.7 American Superconductor Corporation
16.7.1 Business Overview
16.7.2 Product and Service Offerings
16.7.3 Key Financial Summary
16.8 Liaoning Rongxin Xingye Power Technology Co. Ltd.
16.8.1 Business Overview
16.8.2 Product and Service Offerings
16.9 JEMA Energy S.A.
16.9.1 Business Overview
16.9.2 Product and Service Offerings
16.10 NR Electric Co. Ltd.
16.10.1 Business Overview
16.10.2 Product and Service Offerings
16.11 LS ELECTRIC Co. Ltd.
16.11.1 Business Overview
16.11.2 Product and Service Offerings
16.12 Hyosung Heavy Industries
16.12.1 Business Overview
16.12.2 Product and Service Offerings
16.12.3 Key Financial Summary
16.13 Nissin Electric Co. Ltd.
16.13.1 Business Overview
16.13.2 Product and Service Offerings
16.13.3 Key Financial Summary
16.14 Infineon Technologies AG
16.14.1 Business Overview
16.14.2 Product and Service Offerings
16.14.3 Key Financial Summary
16.15 Merus Power
16.15.1 Business Overview
16.15.2 Product and Service Offerings
16.15.3 Key Financial Summary
16.16 Siemens Energy
16.16.1 Business Overview
16.16.2 Product and Service Offerings
16.16.3 Key Financial Summary
16.17 Toshiba Corporation
16.17.1 Business Overview
16.17.2 Product and Service Offerings
16.17.3 Key Financial Summary
16.18 Fuji Electric Co. Ltd.
16.18.1 Business Overview
16.18.2 Product and Service Offering
16.18.3 Key Financial Summary
16.19 CG Power and Industrial Solutions Limited
16.19.1 Business Overview
16.19.2 Product and Service Offerings
16.19.3 Key Financial Summary
16.20 Shanghai SMEC Enterprise Co. Ltd.
16.20.1 Business Overview
16.20.2 Product and Service Offerings
16.21 Sieyuan Electric Co. Ltd.
16.21.1 Business Overview
16.21.2 Product and Service Offerings
Chapter 17. Appendix
17.1 Sources and References
17.2 Related Reports
List of Tables
TABLE 1 ANALYSIS PERIOD OF THE STUDY 31
TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS 63
TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS 66
TABLE 4 GLOBAL FACTS MARKET REVENUE, BY APPLICATION, $M (2017–2023) 80
TABLE 5 GLOBAL FACTS MARKET REVENUE, BY APPLICATION, $M (2024–2030) 80
TABLE 6 GLOBAL FACTS MARKET REVENUE, BY COMPENSATION TYPE, $M (2017–2023) 81
TABLE 7 GLOBAL FACTS MARKET REVENUE, BY COMPENSATION TYPE, $M (2024–2030) 82
TABLE 8 GLOBAL SHUNT MARKET REVENUE, BY TYPE, $M (2017–2023) 83
TABLE 9 GLOBAL SHUNT MARKET REVENUE, BY TYPE, $M (2024–2030) 83
TABLE 10 GLOBAL SHUNT MARKET VOLUME, BY TYPE, THOUSAND MVAR (2017–2023) 84
TABLE 11 GLOBAL SHUNT MARKET VOLUME, BY TYPE, THOUSAND MVAR (2024–2030) 85
TABLE 12 GLOBAL SVC MARKET REVENUE, BY TYPE, $M (2017–2023) 86
TABLE 13 GLOBAL SVC MARKET REVENUE, BY TYPE, $M (2024–2030) 86
TABLE 14 GLOBAL SVC MARKET VOLUME, BY TYPE, THOUSAND MVAR (2017–2023) 87
TABLE 15 GLOBAL SVC MARKET VOLUME, BY TYPE, THOUSAND MVAR (2024–2030) 87
TABLE 16 GLOBAL SERIES MARKET REVENUE, BY TYPE, $M (2017–2023) 88
TABLE 17 GLOBAL SERIES MARKET REVENUE, BY TYPE, $M (2024–2030) 89
TABLE 18 GLOBAL SERIES MARKET VOLUME, BY TYPE, THOUSAND MVAR (2017–2023) 90
TABLE 19 GLOBAL SERIES MARKET VOLUME, BY TYPE, THOUSAND MVAR (2024–2030) 90
TABLE 20 GLOBAL COMBINED MARKET, BY TYPE, $M (2017–2023) 91
TABLE 21 GLOBAL COMBINED MARKET, BY TYPE, $M (2024–2030) 92
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