Tag Archives: Flexible AC Transmission Systems Market

The global Flexible AC Transmission System (FACTS) market is predicted to expand at a CAGR of 8.5% during the forecast period 2022 to 2030. FACTS’ expanding benefits, the expansion of transmission lines, the growing emphasis on renewable energy sources, and the rising demand for STATCOM devices to manage voltage are all driving the market’s growth. Growing investments in transmission networks and APAC ...