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2023

U.S. Flexible AC Transmission System Market

U.S. 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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Market Snapshot

The U.S. flexible ac transmission system market study offers a detailed analysis pertaining to the market dynamics & trends, market size & forecast, value chain analysis, Porters’ five force analysis, competitive landscape, and market share analysis. Furthermore, the report highlights drivers, restraints, opportunities, and growth strategies adopted by key players to understand the dynamics and potential of the market.

U.S. Flexible AC Transmission System Market
By Compensation Type
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Combined series-shunt compensation  segment was the leading segment during forecast period.

Research Methodology

The research methodology of the U.S. flexible ac transmission system market involves extensive primary and secondary research. Primary research includes about 12 hours of interviews and discussions with a wide range of stakeholders that include upstream and downstream participants. Primary research is a bulk of our research efforts, coherently supported by extensive secondary research. Over 2,765 product literatures, annual reports, industry releases, and other such documents of key industry participants have been reviewed to obtain a better market understanding and gain an enhanced competitive intelligence. In addition, authentic industry journals, press releases, and government websites have been reviewed to generate high-value industry insights.

Market Segmentation

The u.s. flexible ac transmission system market by compensation type (series compensation, shunt compensation, combined series-shunt compensation ), by controller (static synchronous compensator (statcom), static var compensator (svc), unified power flow controller (upfc), thyristor controlled series compensator (tcsc), others), by industry vertical (oil and gas, electric utility, railways, others).

Major Players

In the company profiles chapter, the report provides detailed profiles of 10 key market players. Company overview, business overview, operating business segments, product portfolio, global footprint, and recent developments are the key aspects included in the company profiles. A comprehensive analysis of the leading and upcoming companies provides a wider preview toward understanding the U.S. flexible ac transmission system market.

COVID-19 Scenario 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 U.S. 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 U.S. flexible ac transmission system market. Additionally, the report highlights the key strategies adopted by players during the global health crisis. Hence, the report provides an overview of pre- as well as post-COVID-19 impact analyses.

The key questions answered from the report are provided below:

  • Which are different sub-segments across the country?

  • What are the driving factors, restraints, and opportunities of the market?

  • How the current trends and dynamics shape the growth of the U.S. flexible ac transmission system market?

  • What is the impact of current challenges on the market growth in the coming future?

  • Which are the leading players active in the U.S. flexible ac transmission system market?

  • What are the projections for future that would help in taking further strategic steps?

U.S. 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
Author Name(s) : Tanuj Virendra Barai | Sonia Mutreja

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U.S. Flexible AC Transmission System Market

Opportunity Analysis and Industry Forecast, 2022-2032