Buy Flexible AC Transmission Systems Market Report Online (Business Opportunities - Marketing & Sales)
CANetAds > Business Opportunities > Marketing & Sales
Item ID 3646438 in Category: Business Opportunities - Marketing & Sales
Buy Flexible AC Transmission Systems Market Report Online | |
The global Flexible AC Transmission Systems (FACTS) Market size is projected to reach a CAGR of 8.5% from 2023-2030. A flexible AC transmission system or FACTS consists of static equipment. This system is utilized for the AC transmission of electrical energy. The system is designed for improving controllability and enhances the capacity of power transfer of the network. This system is usually power-electronic based. The use of a flexible AC transmission system helps in increasing the reliability of the AC grids. It also helps in cutting down the cost of delivery. The use of these systems helps in improving the quality of transmission and the overall efficacy of power transmission by providing reactive or inductive power to the grid. The aging transmission and other power system networks result in lots of power losses and lesser system usability. The rise in demand for electrification across developed and developing nations drives the demand for the flexible AC transmission system market. The controlled, regulated, and uninterrupted power supply increases system efficiency and boosts the production process. This results in lesser wear and tear to the equipment installed in the industrial plant. On the other hand, the high initial cost of FACTS is one of the most significant factors acting as a restraint to its market growth. The covid pandemic hit industries and businesses globally, and the FACTS industry is no exception. The manufacturers suffered a huge setback in dispatches and order bookings. The restrictions in international markets and stringent travel curtailments resulted in considerable loss of order bookings and aftersales services. To Understand Business Strategies, Request for a Sample Report at: https://www.delvens.com/get-free-sample/flexible-ac-transmission-systems-market-trends-forecast-till-2030 | |
| Target Prov.: All Provinces Target City : All Cities Last Update : Jun 12, 2023 7:17 AM Number of Views: 70 | Item Owner : Delvens Contact Email: Contact Phone: 02086385055 |
| Friendly reminder: Click here to read some tips. | |
CANetAds > Business Opportunities > Marketing & Sales
© 2024 CANetAds.com
USNetAds.com | GetJob.us | UKAdsList.com | AUNetAds.com | INNetAds.com | CNNetAds.com | Hot-Web-Ads.com | USAOnlineClassifieds.com
2024-05-02 (0.433 sec)