Global Superconducting Magnetic Energy Storage (SMES) Systems Market to Reach $102.4 Billion by 2030
The global market for Superconducting Magnetic Energy Storage (SMES) Systems estimated at US$54.2 Billion in the year 2022, is projected to reach a revised size of US$102.4 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2022-2030.
The U.S. Market is Estimated at $14.8 Billion, While China is Forecast to Grow at 11.8% CAGR
The Superconducting Magnetic Energy Storage (SMES) Systems market in the U.S. is estimated at US$14.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$22.2 Billion by the year 2030 trailing a CAGR of 11.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 6.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.Select Competitors (Total 23 Featured) -
- ABB Inc.
- American Superconductor Corporation
- ASG Superconductors SpA
- Babcock Noell GmbH
- Beijing Innopower Superconductor Cable Co. Ltd
- Bruker Energy & Supercon Technologies
- Fujikura Ltd.
- Hyper Tech Research Inc.
- Luvata U.K. Ltd
- Nexans SA
- Southwire Company LLC
- Sumitomo Electric Industries Ltd
- SuNam Co. Ltd.
- Superconductor Technologies Inc.
- SuperPower Inc.
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- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Why Energy Storage?
- Recent Market Activity
- SMES: A Promising Energy Storage Technology
- Asia-Pacific Spearheads Growth in the Global SMES Systems Market
- How Significant is SMES for Power Utilities?
- Effect of Energy Storage System Integration in Power Grid at Different Levels
- Focus on Green Energy Storage Bodes Well for SMES Systems
- Development of Superconducting Materials: Essential for Market's Progress
- R&D Efforts Focused on Addressing Cost Issues & Storage Capacity in SMES Systems
- Rapid Charging & Discharging and Minimal Energy Losses: Major Advantages
- Growing Need to Develop SMES Systems with Larger Power Storage Capacities
- Growing Deployment of Smart Grids - An Opportunity for SMES Systems Market
- High Cost: A Major Obstacle to Adoption in Large-Scale Applications
- Challenges Faced in Deployment of SMES Systems
- Competitive Landscape
- Superconducting Magnetic Energy Storage (SMES) Systems - Global Key Competitors Percentage Market Share in 2024 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
- ABB, Inc. (USA)
- American Superconductor Corporation (USA)
- ASG Superconductors SpA (Italy)
- Columbus Superconductors SpA (Italy)
- Babcock Noell GmbH (Germany)
- Beijing Innopower Superconductor Cable Co., Ltd (China)
- Bruker Energy & Supercon Technologies (USA)
- Fujikura Ltd. (Japan)
- Hyper Tech Research, Inc. (USA)
- Luvata U.K. Ltd (UK)
- Nexans SA (France)
- Southwire Company, LLC (USA)
- Sumitomo Electric Industries, Ltd (Japan)
- Superconductor Technologies, Inc. (USA)
- SuperPower, Inc. (USA)
- SuNam Co., Ltd. (South Korea)
- 3. MARKET TRENDS & DRIVERS
- Focus on Sustainable Power Sourcing Enhances Significance of Energy Storage
- Why Energy Storage Can Be a Game Changer for Renewable Energy?
- Focus on Energy Efficiency to Drive Prospects for Energy Storage
- Rising Renewable Energy Consumption to Drive Energy Storage Market
- Assessing the Significance of Storage Technologies in Distributed Generation
- The Business Case for Installing Energy Storage Systems in DERs
- Microgrids - Driving Energy Storage in the Future
- New Projects & Government Mandates to Stimulate Energy Storage Market
- Incentives & Standards: Key to Promoting Energy Storage Technologies
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 2: World Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 3: World 16-Year Perspective for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
- Table 4: World Superconducting Magnetic Energy Storage (SMES) Systems Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
UNITED STATES
- Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 5: USA Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 6: USA Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
CANADA
- Table 7: Canada Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 8: Canada Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
JAPAN
- Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 9: Japan Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 10: Japan Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
CHINA
- Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 11: China Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 12: China Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
EUROPE
- Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 13: Europe Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 14: Europe Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 15: Europe 16-Year Perspective for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
FRANCE
- Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 16: France Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 17: France Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
GERMANY
- Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 18: Germany Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 19: Germany Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
ITALY
- Table 20: Italy Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 21: Italy Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
UNITED KINGDOM
- Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 22: UK Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 23: UK Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
SPAIN
- Table 24: Spain Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 25: Spain Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
RUSSIA
- Table 26: Russia Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: Russia Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF EUROPE
- Table 28: Rest of Europe Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 29: Rest of Europe Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
ASIA-PACIFIC
- Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 30: Asia-Pacific Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 31: Asia-Pacific Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 32: Asia-Pacific 16-Year Perspective for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
AUSTRALIA
- Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
- Table 33: Australia Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 34: Australia Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
INDIA
- Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
- Table 35: India Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 36: India Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
SOUTH KOREA
- Table 37: South Korea Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 38: South Korea Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF ASIA-PACIFIC
- Table 39: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 40: Rest of Asia-Pacific Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
LATIN AMERICA
- Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
- Table 41: Latin America Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 42: Latin America Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 43: Latin America 16-Year Perspective for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2014, 2023 & 2030
ARGENTINA
- Table 44: Argentina Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Argentina Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
BRAZIL
- Table 46: Brazil Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 47: Brazil Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
MEXICO
- Table 48: Mexico Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 49: Mexico Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF LATIN AMERICA
- Table 50: Rest of Latin America Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: Rest of Latin America Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
MIDDLE EAST
- Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
- Table 52: Middle East Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 53: Middle East Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 54: Middle East 16-Year Perspective for Superconducting Magnetic Energy Storage (SMES) Systems by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2014, 2023 & 2030
IRAN
- Table 55: Iran Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 56: Iran Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
ISRAEL
- Table 57: Israel Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 58: Israel Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
SAUDI ARABIA
- Table 59: Saudi Arabia Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 60: Saudi Arabia Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
UNITED ARAB EMIRATES
- Table 61: UAE Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 62: UAE Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF MIDDLE EAST
- Table 63: Rest of Middle East Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 64: Rest of Middle East Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
AFRICA
- Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
- Table 65: Africa Recent Past, Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 66: Africa Historic Review for Superconducting Magnetic Energy Storage (SMES) Systems by Segment - Superconducting Magnetic Energy Storage (SMES) Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Inc.
- American Superconductor Corporation
- ASG Superconductors SpA
- Babcock Noell GmbH
- Beijing Innopower Superconductor Cable Co. Ltd
- Bruker Energy & Supercon Technologies
- Fujikura Ltd.
- Hyper Tech Research Inc.
- Luvata U.K. Ltd
- Nexans SA
- Southwire Company LLC
- Sumitomo Electric Industries Ltd
- SuNam Co. Ltd.
- Superconductor Technologies Inc.
- SuperPower Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 264 |
| Published | April 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 54.2 Billion |
| Forecasted Market Value ( USD | $ 102.4 Billion |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | Global |
