Superconducting Magnetic Energy Storage Systems Market

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.
Superconducting Magnetic Energy Storage Systems Market contains market size and forecasts of Superconducting Magnetic Energy Storage (SMES) Systems in Global, including the following market information:
Global Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Superconducting Magnetic Energy Storage (SMES) Systems market was valued at 72 million in 2021 and is projected to reach US$ 125.3 million by 2028, at a CAGR of 8.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Low Temperature SMES Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Superconducting Magnetic Energy Storage (SMES) Systems 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. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Superconducting Magnetic Energy Storage (SMES) Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Superconducting Magnetic Energy Storage (SMES) Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Superconducting Magnetic Energy Storage (SMES) Systems Market Segment Percentages, by Type, 2021 (%)
Low Temperature SMES
High Temperature SMES
Global Superconducting Magnetic Energy Storage (SMES) Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Superconducting Magnetic Energy Storage (SMES) Systems Market Segment Percentages, by Application, 2021 (%)
Power System
Industrial Use
Research Institution
Others
Global Superconducting Magnetic Energy Storage (SMES) Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Superconducting Magnetic Energy Storage (SMES) Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Superconducting Magnetic Energy Storage (SMES) Systems revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Superconducting Magnetic Energy Storage (SMES) Systems revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players 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.
Nexans SA
ASG Superconductors SpA
Luvata U.K.
SuNam Co., Ltd.
Superconductor Technologies Inc