Flexible AC Transmission System (FACTS) Market Worth $1,386.01 Million by 2018
According to the new market research report “Flexible AC Transmission System (FACTS) Market by Compensation (Shunt, Series, Combined), Component (Thyristors, Capacitor Banks, Reactors), Application, Industry Vertical (Electric Utilities, Steel, Mining), Global Forecast & Analysis (2013 - 2018)”, published by MarketsandMarkets, the value of the FACTS market was $912.85million in 2012, and is expected to reach $1,386.01million in 2018, at an estimated CAGR of 7.23% from 2013 to 2018.
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