The Market Reports

Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com

Superconducting Magnetic Energy Storage (SMES) Systems-Global Market Insights and Sales Trends 2024

Superconducting Magnetic Energy Storage (SMES) Systems-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1826187

No of Pages : 101

Synopsis
Superconducting Magnetic Energy Storage (SMES) systems store energy in the magnetic field created by the flow of direct current in a superconducting coil which has been cryogenically cooled to a temperature below its superconducting critical temperature. A typical SMES system includes three parts: superconducting coil, power conditioning system and cryogenically cooled refrigerator. Once the superconducting coil is charged, the current will not decay and the magnetic energy can be stored indefinitely
Note: In the report, production Revenue (value)is based on the production statistics of Superconducting Magnetic Energy Storage (SMES) systems manufacturers. And consumption value is based on the downstream customer's consumption statistics of Superconducting Magnetic Energy Storage (SMES) systems.
The global Superconducting Magnetic Energy Storage (SMES) Systems market size is expected to reach US$ 125.5 million by 2029, growing at a CAGR of 8.6% from 2023 to 2029. The market is mainly driven by the significant applications of Superconducting Magnetic Energy Storage (SMES) Systems in various end use industries. The expanding demands from the Power System, Industrial Use, Research Institution and Others, are propelling Superconducting Magnetic Energy Storage (SMES) Systems market. Low Temperature SMES, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the High Temperature SMES segment is estimated at % CAGR for the next seven-year period.
Currently, there are many producing companies in the world Superconducting Magnetic Energy Storage (SMES) Systems industry, especially in North America, Europe and Japan. The main market players are American Superconductor Corporation, Super Power Inc, Bruker Energy & Supercon Technologies, Fujikura, Hyper Tech Research, Southwire Company US and Sumitomo Electric Industries, Ltd, etc, with about 64% market shares.
North America is the largest consumption of Superconducting Magnetic Energy Storage (SMES) Systems, with a sales revenue market share nearly 35%. The second place is Europe, following North America with the sales revenue market share over 25%. Japan is another important consumption market of Superconducting Magnetic Energy Storage (SMES) Systems.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Superconducting Magnetic Energy Storage (SMES) Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Superconducting Magnetic Energy Storage (SMES) Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Superconducting Magnetic Energy Storage (SMES) Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Superconducting Magnetic Energy Storage (SMES) Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Superconducting Magnetic Energy Storage (SMES) Systems covered in this report include American Superconductor Corporation, Super Power Inc, Bruker Energy & Supercon Technologies, Fujikura, Hyper Tech Research, Southwire Company US, Sumitomo Electric Industries, Ltd, General Cable Superconductors Ltd. and Nexans SA, etc.
The global Superconducting Magnetic Energy Storage (SMES) Systems market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
American Superconductor Corporation
Super Power Inc
Bruker Energy & Supercon Technologies
Fujikura
Hyper Tech Research
Southwire Company US
Sumitomo Electric Industries, Ltd
General Cable Superconductors Ltd.
Nexans SA
ASG Superconductors SpA
Luvata U.K.
SuNam Co., Ltd.
Superconductor Technologies Inc
Global Superconducting Magnetic Energy Storage (SMES) Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Superconducting Magnetic Energy Storage (SMES) Systems market, Segment by Type:
Low Temperature SMES
High Temperature SMES
Global Superconducting Magnetic Energy Storage (SMES) Systems market, by Application
Power System
Industrial Use
Research Institution
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Superconducting Magnetic Energy Storage (SMES) Systems companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index
1 Market Overview of Superconducting Magnetic Energy Storage (SMES) Systems
1.1 Superconducting Magnetic Energy Storage (SMES) Systems Market Overview
1.1.1 Superconducting Magnetic Energy Storage (SMES) Systems Product Scope
1.1.2 Superconducting Magnetic Energy Storage (SMES) Systems Market Status and Outlook
1.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Region (2018-2029)
1.4 Global Superconducting Magnetic Energy Storage (SMES) Systems Historic Market Size by Region (2018-2023)
1.5 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Superconducting Magnetic Energy Storage (SMES) Systems Market Size (2018-2029)
1.6.1 North America Superconducting Magnetic Energy Storage (SMES) Systems Market Size (2018-2029)
1.6.2 Europe Superconducting Magnetic Energy Storage (SMES) Systems Market Size (2018-2029)
1.6.3 Asia-Pacific Superconducting Magnetic Energy Storage (SMES) Systems Market Size (2018-2029)
1.6.4 Latin America Superconducting Magnetic Energy Storage (SMES) Systems Market Size (2018-2029)
1.6.5 Middle East & Africa Superconducting Magnetic Energy Storage (SMES) Systems Market Size (2018-2029)
2 Superconducting Magnetic Energy Storage (SMES) Systems Market by Type
2.1 Introduction
2.1.1 Low Temperature SMES
2.1.2 High Temperature SMES
2.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Historic Market Size by Type (2018-2023)
2.2.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Superconducting Magnetic Energy Storage (SMES) Systems Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Superconducting Magnetic Energy Storage (SMES) Systems Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Superconducting Magnetic Energy Storage (SMES) Systems Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Superconducting Magnetic Energy Storage (SMES) Systems Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Superconducting Magnetic Energy Storage (SMES) Systems Revenue Breakdown by Type (2018-2029)
3 Superconducting Magnetic Energy Storage (SMES) Systems Market Overview by Application
3.1 Introduction
3.1.1 Power System
3.1.2 Industrial Use
3.1.3 Research Institution
3.1.4 Others
3.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Historic Market Size by Application (2018-2023)
3.2.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Superconducting Magnetic Energy Storage (SMES) Systems Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Superconducting Magnetic Energy Storage (SMES) Systems Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Superconducting Magnetic Energy Storage (SMES) Systems Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Superconducting Magnetic Energy Storage (SMES) Systems Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Superconducting Magnetic Energy Storage (SMES) Systems Revenue Breakdown by Application (2018-2029)
4 Superconducting Magnetic Energy Storage (SMES) Systems Competition Analysis by Players
4.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Superconducting Magnetic Energy Storage (SMES) Systems as of 2022)
4.3 Date of Key Players Enter into Superconducting Magnetic Energy Storage (SMES) Systems Market
4.4 Global Top Players Superconducting Magnetic Energy Storage (SMES) Systems Headquarters and Area Served
4.5 Key Players Superconducting Magnetic Energy Storage (SMES) Systems Product Solution and Service
4.6 Competitive Status
4.6.1 Superconducting Magnetic Energy Storage (SMES) Systems Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 American Superconductor Corporation
5.1.1 American Superconductor Corporation Profile
5.1.2 American Superconductor Corporation Main Business
5.1.3 American Superconductor Corporation Superconducting Magnetic Energy Storage (SMES) Systems Products, Services and Solutions
5.1.4 American Superconductor Corporation Superconducting Magnetic Energy Storage (SMES) Systems Revenue (US$ Million) & (2018-2023)
5.1.5 American Superconductor Corporation Recent Developments
5.2 Super Power Inc
5.2.1 Super Power Inc Profile
5.2.2 Super Power Inc Main Business
5.2.3 Super Power Inc Superconducting Magnetic Energy Storage (SMES) Systems Products, Services and Solutions
5.2.4 Super Power Inc Superconducting Magnetic Energy Storage (SMES) Systems Revenue (US$ Million) & (2018-2023)
5.2.5 Super Power Inc Recent Developments
5.3 Bruker Energy & Supercon Technologies
5.3.1 Bruker Energy & Supercon Technologies Profile
5.3.2 Bruker Energy & Supercon Technologies Main Business
5.3.3 Bruker Energy & Supercon Technologies Superconducting Magnetic Energy Storage (SMES) Systems Products, Services and Solutions
5.3.4 Bruker Energy & Supercon Technologies Superconducting Magnetic Energy Storage (SMES) Systems Revenue (US$ Million) & (2018-2023)
5.3.5 Fujikura Recent Developments
5.4 Fujikura
5.4.1 Fujikura Profile
5.4.2 Fujikura Main Business
5.4.3 Fujikura Superconducting Magnetic Energy Storage (SMES) Systems Products, Services and Solutions
5.4.4 Fujikura Superconducting Magnetic Energy Storage (SMES) Systems Revenue (US$ Million) & (2018-2023)
5.4.5 Fujikura Recent Developments
5.5 Hyper Tech Research
5.5.1 Hyper Tech Research Profile
5.5.2 Hyper Tech Research Main Business
5.5.3 Hyper Tech Research Superconducting Magnetic Energy Storage (SMES) Systems Products, Services and Solutions
5.5.4 Hyper Tech Research Superconducting Magnetic Energy Storage (SMES) Systems Revenue (US$ Million) & (2018-2023)
5.5.5 Hyper Tech Research Recent Developments
5.6 Southwire Company US
5.6.1 Southwire Company US Profile
5.6.2 Southwire Company US Main Business
5.6.3 Southwire Company US Superconducting Magnetic Energy Storage (SMES) Systems Products, Services and Solutions
5.6.4 Southwire Company US Superconducting Magnetic Energy Storage (SMES) Systems Revenue (US$ Million) & (2018-2023)
5.6.5 Southwire Company US Recent Developments
5.7 Sumitomo Electric Industries, Ltd
5.7.1 Sumitomo Electric Industries, Ltd Profile
5.7.2 Sumitomo Electric Industries, Ltd Main Business
5.7.3 Sumitomo Electric Industries, Ltd Superconducting Magnetic Energy Storage (SMES) Systems Products, Services and Solutions
5.7.4 Sumitomo Electric Industries, Ltd Superconducting Magnetic Energy Storage (SMES) Systems Revenue (US$ Million) & (2018-2023)
5.7.5 Sumitomo Electric Industries, Ltd Recent Developments
5.8 General Cable Superconductors Ltd.
5.8.1 General Cable Superconductors Ltd. Profile
5.8.2 General Cable Superconductors Ltd. Main Business
5.8.3 General Cable Superconductors Ltd. Superconducting Magnetic Energy Storage (SMES) Systems Products, Services and Solutions
5.8.4 General Cable Superconductors Ltd. Superconducting Magnetic Energy Storage (SMES) Systems Revenue (US$ Million) & (2018-2023)
5.8.5 General Cable Superconductors Ltd. Recent Developments
5.9 Nexans SA
5.9.1 Nexans SA Profile
5.9.2 Nexans SA Main Business
5.9.3 Nexans SA Superconducting Magnetic Energy Storage (SMES) Systems Products, Services and Solutions
5.9.4 Nexans SA Superconducting Magnetic Energy Storage (SMES) Systems Revenue (US$ Million) & (2018-2023)
5.9.5 Nexans SA Recent Developments
5.10 ASG Superconductors SpA
5.10.1 ASG Superconductors SpA Profile
5.10.2 ASG Superconductors SpA Main Business
5.10.3 ASG Superconductors SpA Superconducting Magnetic Energy Storage (SMES) Systems Products, Services and Solutions
5.10.4 ASG Superconductors SpA Superconducting Magnetic Energy Storage (SMES) Systems Revenue (US$ Million) & (2018-2023)
5.10.5 ASG Superconductors SpA Recent Developments
5.11 Luvata U.K.
5.11.1 Luvata U.K. Profile
5.11.2 Luvata U.K. Main Business
5.11.3 Luvata U.K. Superconducting Magnetic Energy Storage (SMES) Systems Products, Services and Solutions
5.11.4 Luvata U.K. Superconducting Magnetic Energy Storage (SMES) Systems Revenue (US$ Million) & (2018-2023)
5.11.5 Luvata U.K. Recent Developments
5.12 SuNam Co., Ltd.
5.12.1 SuNam Co., Ltd. Profile
5.12.2 SuNam Co., Ltd. Main Business
5.12.3 SuNam Co., Ltd. Superconducting Magnetic Energy Storage (SMES) Systems Products, Services and Solutions
5.12.4 SuNam Co., Ltd. Superconducting Magnetic Energy Storage (SMES) Systems Revenue (US$ Million) & (2018-2023)
5.12.5 SuNam Co., Ltd. Recent Developments
5.13 Superconductor Technologies Inc
5.13.1 Superconductor Technologies Inc Profile
5.13.2 Superconductor Technologies Inc Main Business
5.13.3 Superconductor Technologies Inc Superconducting Magnetic Energy Storage (SMES) Systems Products, Services and Solutions
5.13.4 Superconductor Technologies Inc Superconducting Magnetic Energy Storage (SMES) Systems Revenue (US$ Million) & (2018-2023)
5.13.5 Superconductor Technologies Inc Recent Developments
6 North America
6.1 North America Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Superconducting Magnetic Energy Storage (SMES) Systems Market Dynamics
11.1 Superconducting Magnetic Energy Storage (SMES) Systems Industry Trends
11.2 Superconducting Magnetic Energy Storage (SMES) Systems Market Drivers
11.3 Superconducting Magnetic Energy Storage (SMES) Systems Market Challenges
11.4 Superconducting Magnetic Energy Storage (SMES) Systems Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List

Published By : QY Research

Why ‘The Market Reports’