Global Flexible AC Transmission Equipment Market to Reach $1.7 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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Global flexible AC transmission equipment (FACT) market continues to witness growth largely buoyed by increasing demand for quality power and reliable network. Spurred by favorable trends, the world FACT market is expected to reach $1.7 billion by 2015.

Flexible AC Transmission Equipment: A Global Strategic Business Report

Global Flexible AC Transmission Equipment market is registering healthy growth. Paramount importance has been given to FACT systems to effectively address the voltage fluctuation, transmission loss and several other myriad problems associated with transmission of electricity. As a result, demand for variable compensation devices is rising. Several R&D programs have been initiated to develop better and more reliable devices at low cost. Semiconductor-enabled variable compensation devices are gaining momentum in utility sector. But SEN transformers, SuperVARs and other improvised classical devices are a bigger challenge to compensation devices based on power electronics.

Asia-Pacific represents the largest market for flexible AC transmission equipment. Europe represents the second fastest growing market for flexible AC transmission equipment Fixed compensation equipment represents the largest segment.

The global marketplace is characterized by participants such as ABB Ltd, American Superconductor Corporation, AREVA T&D SA, Eaton Corporation, GE Energy, Mitsubishi Electric Power Products, S&C Electric Company, Siemens Power Transmission and Distribution Group, Trench Group, VA Tech T&D, Square D.

"Flexible AC Transmission Equipment: A Global Strategic Business Report" from Global Industry Analysts, Inc. provides a comprehensive review of market trends, drivers, product profile, players, competition, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis is presented for major geographic markets such as the United States, Canada, Europe, Asia-Pacific and rest of world. Global and regional analytics are provided in terms of compensation type including Variable Compensation and Fixed Compensation.

For more details about this research report, please visit http://www.strategyr.com/Flexible_AC_Transmission_Equipment_Market_Report.asp.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press (at) StrategyR (dot) com
Web Site http://www.StrategyR.com

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