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2023

Europe Flexible AC Transmission System Market

Europe Flexible AC Transmission System Market Size, Share, Competitive Landscape and Trend Analysis Report, by Compensation Type, by Controller, by Industry Vertical : Opportunity Analysis and Industry Forecast, 2022-2032

SE : Emerging and Next Generation Technologies

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Author's: Tanuj Virendra Barai | Sonia Mutreja
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The report provides detailed study of qualitative and quantitative data of the Europe flexible ac transmission system market. Key aspects such as current market size, estimated market size, competitive scenario, and impacting factors are extensively studied in the report. Moreover, the report emphasizes on Europe flexible ac transmission system market analysis at country level. Major players operating in Europe flexible ac transmission system market are profiled in the report along with their related information. The report further highlights the competitive landscape of key market players to increase their shares and sustain the intense competition in the industry.

Current market size and forecast is provided for major market segments such as compensation type, controller, industry vertical. Each market segment is studied with focus on major countries such as UK, Germany, France, Italy, Rest of Europe. This exhaustive coverage enables microlevel study of the Europe flexible ac transmission system market with flexibility to utilize the research insights for multi-country analysis.

The report further provides qualitative analysis of key trends, opportunities, and major impacting factors in the market dynamics section. Key analysis provided in market dynamics includes drivers, restraints, opportunities, and Porter’s five forces with their impact on the market. In terms of competitive landscape of the market, top players positioning is provided, which helps to understand major competitors and their competitive strength in the market. Moreover, the study profiles 10 major companies along with their brief overview, recent financials, key executives, strategies adopted, and novel advancements or initiatives to sustain & expand their position in the Europe flexible ac transmission system market.

Europe Flexible AC Transmission System Market
By Compensation Type
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Combined series-shunt compensation  segment would witness the fastest growth, registering a CAGR of 7.59% during the forecast period.

Research Methodology

Both, top-down and bottom-up approaches are used to estimate and validate the size of the Europe flexible ac transmission system market and various other dependent submarkets. All percentage shares and splits are determined using secondary sources and verified through primary sources. Key parameters that impact the market covered in this research study have been viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative & qualitative data.

COVID-19 IMPACT ANALYSIS

The rapid spread of the coronavirus has had an enormous impact on the lives of people and the overall community. The report provides a brief overview of evolution of the coronavirus. In addition, it includes a micro and macro economic impact analysis. The report further showcases the market size and share depending on the impact of the COVID-19. Moreover, it provides an overview on the impact of COVID-19 on the Europe flexible ac transmission system market supply chain. Furthermore, reduction in the count of COVID-affected patients in the coming days with safety majors taken by governments and availability of vaccines are expected to gradually lower the impact of COVID-19 on the Europe flexible ac transmission system market. Additionally, the report highlights the key strategies adopted by players during the global health crisis.

Europe Flexible AC Transmission System Market
By Controller
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Static Synchronous Compensator (STATCOM) segment was the leading segment during forecast period.

KEY MARKET COMPONENTS

  • Detailed quantitative study of current market size and trends

  • The market size forecast from 2023-2032

  • Comprehensive consideration of current market scenario to reach at market estimations

  • A qualitative analysis based on various market dynamics that helps in strategic business decisions

  • The development strategies adopted by key market players to understand the competitive scenario

EUROPE FLEXIBLE AC TRANSMISSION SYSTEM MARKET REVENUE

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Europe Flexible AC Transmission System Market Report Highlights

Aspects Details
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By Compensation Type
  • Series compensation
  • Shunt compensation
  • Combined series-shunt compensation 
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By Controller
  • Static Synchronous Compensator (STATCOM)
  • Static VAR Compensator (SVC)
  • Unified Power Flow Controller (UPFC)
  • Thyristor Controlled Series Compensator (TCSC)
  • Others
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By Industry Vertical
  • Oil and Gas
  • Electric Utility
  • Railways
  • Others
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By Country
  • UK
  • Germany
  • France
  • Italy
  • Rest of Europe
Author Name(s) : Tanuj Virendra Barai | Sonia Mutreja

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Europe Flexible AC Transmission System Market

Opportunity Analysis and Industry Forecast, 2022-2032