Market Reports

Built for executives and teams involved in growth planning, this research offers a data-driven view of the flexible ac transmission system (facts) industry’s direction and competitive environment. How Big Is The Flexible AC Transmission System (FACTS) Market In 2025? The flexible ac transmission system (facts) market size has grown steadily in recent years. It will grow from $1.38 billion in 2024 to $1.45 billion in 2025 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to grid reliability concerns, aging power infrastructure, electricity market deregulation, transmission line congestion, global expansion of high-voltage networks, and environmental concerns. The flexible ac transmission system (facts) market size is expected to see strong growth in the next few years. It will grow to $1.88 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to increased penetration of ele...