Flexible AC Transmission System Market Size, Share, Trend and Statistics Overview 2024-2030 The global market is driven by advancements in electric power transmission systems and rising controllability demands. The industry is boosted by the requirement for high reliability in the event of a power outage. The market expansion is being restrained, nonetheless, by the high initial cost of installing a flexible AC transmission system. The emergence of smart grids and the growing reliance...
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