Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Fixed Series Compensation Market size was over USD 284.73 million in 2024 and is poised to cross USD 530.29 million by the end of 2037, witnessing more than 4.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of fixed series compensation is estimated at USD 295.89 million.
As power grids expand and face increasing demands, especially in urban areas and developing regions, there’s a need for technologies like fixed series compensation to enhance grid stability and reliability. The US electric load is growing significantly, as estimated by the Federal Energy Regulatory Commission, grid planners expect nationwide electricity demand to grow 4.7% over the next 5 years. This provided for prospective opportunities for the market’s growth.
Additionally, as analyzed by Research Nester analysts, the global energy demand is expected to reach about 660 quadrillions Btu in 2050, growing energy consumption worldwide necessitates efficient power generation technologies & transmission. FSC systems optimize power flow, reducing transmission losses and ensuring smooth energy delivery over long distances.
