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Flexible AC Transmission System - List of Manufacturers, Suppliers, Companies and Products

Flexible AC Transmission System Product List

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[Research Report] Flexible AC Transmission Systems (FACTS) Market

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The global Flexible AC Transmission Systems (FACTS) market size reached 1.4 billion USD in 2023. Going forward, the IMARC Group forecasts a growth rate of 4.89% (CAGR) from 2024 to 2032, with the market expected to reach 2.2 billion USD by 2032. Key factors driving the market include the development of emerging markets, increased government spending on smart grid construction, and a rise in the adoption of renewable energy sources.

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