Flexible AC Transmission Systems (FACTS) Market Size, Share & Industry Analysis, By Component (Shunt Compensation, Series Compensation, Combined Series-Shunt Compensation, and Others), By Device Type (STATCOM, SVC, TCSC, UPFC, SSSC, and Others), By Application (Voltage Control & Reactive Power Compensation, Renewable Energy Integration, Power Flow Control, Grid Stability Enhancement, Congestion Management, and Others), By End User (Transmission System Operators (TSOs), Utilities & Grid Operators, Renewable Energy Developers, Industrial Power Users, & Others), and Regional Forecast, 2026-2034

Last Updated: July 16, 2026 | Format: PDF | Report ID: FBI118243

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ATTRIBUTE	DETAILS
Study Period	2021-2034
Base Year	2025
Estimated Year	2026
Forecast Period	2026-2034
Historical Period	2021-2024
Growth Rate	CAGR of 7.30% from 2026 to 2034
Unit	Value (USD Billion)
Segmentation	By Component, Device Type, Application, End User, and Region
By Component	Shunt Compensation Series Compensation Combined Series-Shunt Compensation Others
By Device Type	STATCOM SVC TCSC UPFC SSSC Others
By Application	Voltage Control & Reactive Power Compensation Renewable Energy Integration Power Flow Control Grid Stability Enhancement Congestion Management Others
By End User	Transmission System Operators (TSOs) Utilities & Grid Operators Renewable Energy Developers Industrial Power Users Others
By Region	North America (By Component, Device Type, Application, End User, and Country) U.S. (By End User) Canada (By End User) Europe (By Component, Device Type, Application, End User, and Country) Germany (By End User) U.K. (By End User) France (By End User) Italy (By End User) Spain (By End User) Rest of Europe (By End User) Asia Pacific (By Component, Device Type, Application, End User, and Country) China (By End User) India (By End User) Japan (By End User) South Korea (By End User) Australia (By End User) Rest of Asia Pacific (By End User) Latin America (By Component, Device Type, Application, End User, and Country) Brazil (By End User) Mexico (By End User) Rest of Latin America (By End User) Middle East & Africa (By Component, Device Type, Application, End User, and Country) GCC (By End User) South Africa (By End User) Rest of the Middle East & Africa (By End User)