Global FACT Systems Market to Reach $1.9 Billion by 2030, Driven by Rising Demand for Grid Reliability and Efficiency

Dublin, Sept. 28, 2023 (GLOBE NEWSWIRE) -- The "Flexible AC Transmission (FACT) Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Flexible AC Transmission (FACT) Systems was valued at approximately US$1.2 billion in 2022 and is projected to reach around US$1.9 billion by 2030, growing at a CAGR of 5.8% during the forecast period from 2022 to 2030. FACT systems refer to technologies and equipment used in electrical power

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