Global Flexible AC Transmission System (FACTS) Market 2014-2018 is a new market research publication announced by Reportstack. Flexible AC transmission system (FACTS) is deployed in grid transmission system, which is used to minimize the losses in the transmission line and increase the grid power output. The conventional grid transmission system consists of mechanical switched shunt and series capacitors, reactors, and synchronous generator which are used to minimize the losses. However, the use of these devices results in slow response and consequently lowers the performance of the grid. The FACTS is used to mitigate the conventional grid transmission line problems with the use of highly efficient semiconductor devices, whose response time is very high, and reduces the faults in the transmission line and minimize the losses.
The analysts forecast that the Global Flexible AC Transmission System market to grow at a CAGR of 8 percent over the period 2013-2018. The report Global Flexible AC Transmission System Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Flexible AC Transmission System market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
• Xian Electric Engineering
Other Prominent Vendors
• Adani Power
• American Electric Power
• American Superconductor
• Beta Engineering
• Crompton Greaves
• Mitsubishi Electric Power Products
• Quanta Technology
Complete report available @ Global Flexible AC Transmission System (FACTS) Market 2014-2018.