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Flexible AC Transmission Systems – Project Specific Market Analysis

Flexible AC Transmission Systems (FACTS) have been part of grid reliability equipment for more than 6 decades. The technological advancement in power electronics, semiconductor devices and control systems has contributed a great deal in development of highly efficient systems to ensure grid reliability. The new energy mix in grid also warrants the need of FACTS in transmission systems. Within PTR’s FACTS segment, a wide range of services are offered to provide in depth analysis of FACTS market in utility, renewable and industries across the globe.

This is a database style service containing over 3,000 Flexible AC Transmission System (FACTS) projects. The database includes project specific information of FACTS projects delivered over a time span of 7 decades around the globe. Additionally, announced future projects are added into the database and an update is released twice a year.

This service only includes FACTS as per defined by the scope below:

1. Series Compensation: Series Compensation devices include Series Capacitors which can be further segmented into three types based on the application.

2. Shunt Compensation: FACTS are connected in parallel with the transmission lines to provide shunt compensation. STATIC VAR Compensator (SVC) and Static Synchronous Compensator (STATCOM) fall under this category.

3. This service at the moment does not include other reactive power support devices such as Synchronous Condenser, Unified Power Flow Controller and Static Synchronous Series Compensator (SSSC) .

Segmentation/ Geographies Evaluated/ Project Example

FACTS Segmentation

All utilities and industrial FACTS are included in the database

 

Further Segmentation

Further technology segmentation of FACTS is provided based on application such as Series Capacitors are further segmented into three sub technologies depending on the application of Series Capacitors.

Market Share Segmentation
  • Market shares available through multiple lenses and user defined timelines

    Timeline Split

    FACTS are part of utilities and industries for more than 6 decades. PTR manages a database of these devices which goes back to 1950s. Using PTR‘s FACTS database, valuable insights can be extracted in user defined timelines which helps to understand FACTS evolution over different periods.

Geographies Evaluated
  • For 3 regions (Americas, APAC, EMEA) with projects across multiple countries to provide you a detailed global picture

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Project Example

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Delivery Format – PowerBI and Excel Database

Report and Analysis in Power BI
We take a lot of pride in what we do for our clients as we aim to surpass ambiguous methodology and uninspired presentation, which has led most market research to remain relegated to ‘me-too’ slides, often remaining a footnote in presentations. With this service, we aim to transform the way you digest the market information.  We are using interactive PowerBI platform as the delivery vehicle for this service. The access is granted through login credentials accessible via Computer, Tablet or Phone:

Excel Data Output for Integration
As part of the service, you will also get the database with the market sizing and market shares figures should you choose to integrate the data into your own internal systems instead of PowerBI:
Power Apps Access
Keep yourself updated with the happenings in FACTS Market through our App (desktop & phone)

Why Choose Power Technology Research?

Too often is third-party market research disregarded by decision makers due to ambigious methodology and uninspired presentation. This had led most market research to remain relegated to ‘me-too’ slides, often remaining a footnote in presentations. Our goal is to change that, and bring back pro-active decision making within the global power and e-mobility sectors by providing market research based on a transparent and flexible methodology.

While working with you, we will do everything to ensure that we are strictly following our three pillars of excellence: Transparency (meaning no black-box datasets with our analysts supporting the data provided), Diligence (deep technical knowledge translating into the research for you) and Digestibility (ensure working with you once you have purchased the service, to answe any questions so you can utilize the data as you intended). These claims are backed by our track record of working with some of the largest companies in indutry and their testimonials.

“PTR was able to provide a level of depth to its methodology not replicated by other research companies I have worked with. It was a pleasure to work with PTR in developing our market strategy and a step-up from alternatives available”

Mitsubishi Electric (Client Partner – Power Systems)

“Very professional with consultancy approach. Which means, hearing your client’s needs and understand it while making them feel comfortable. Also very intelligent being able to build such cost model.”

GIS Ltd. (CEO – Energy Consultancy)

“I was impressed by PTR’s level of knowledge and insight on the automation industry. Their work is professional and they are good fun to work with too. I would have no hesitation in recommending them to others”

Control Techniques (Strategic Marketing-Industrial Automation)

“Thanks to Power Technology Research for the great support in terms of market modelling and in getting a better understanding of the different applications. All our discussions and meetings were very fruitful and as well useful! Would be great to work with your team together in future for other topics.”

Infineon Technologies (Client Partner Business Intelligence & Development)

“…played an important role in the development of the events themselves, contributing regular support and feedback as members of the CWIEME Advisory Board and as speakers/facilitators at our events…We are currently working on our first joint mini white paper on the electric manufacturing state of play in 2019 and beyond… We look forward to continuing our work with the team at Power Technology Research in 2019 and beyond.”

ITE Group (Global Content Manager)

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