Superconducting Magnetic Energy Storage (SMES) Technology Market, Global Outlook and Forecast 2023-2029
Report Code: KNJ1670999 No. of Pages: 79 Category: Energy
Publisher: Date of Publish:
Publisher: Date of Publish:
This research report provides a comprehensive analysis of the Superconducting Magnetic Energy Storage (SMES) Technology market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Superconducting Magnetic Energy Storage (SMES) Technology market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Superconducting Magnetic Energy Storage (SMES) Technology, challenges faced by the industry, and potential opportunities for market players.
The global Superconducting Magnetic Energy Storage (SMES) Technology market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Superconducting Magnetic Energy Storage (SMES) Technology market presents opportunities for various stakeholders, including Power Grid Stabilization, Renewable Energy Integration. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Superconducting Magnetic Energy Storage (SMES) Technology market. Additionally, the growing consumer demand present avenues for market expansion.
The global Superconducting Magnetic Energy Storage (SMES) Technology market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In response to the challenge of global climate change, about 130 countries and regions have proposed carbon neutrality goals, and green, low-carbon and sustainable development have become an international consensus. Among them, the construction of a new power system based on renewable energy is an important path to achieve carbon neutrality.
The development of energy storage technology is a necessary condition for promoting the transformation of energy structure, because renewable energy has the characteristics of intermittent, fluctuating and uncertain, which makes it difficult to guarantee the balance between power supply and demand. Energy storage technology can increase the proportion of renewable energy consumption, reduce the impact on the power grid, and improve the flexibility, economy and security of the power system.
Key Features:
The research report on the Superconducting Magnetic Energy Storage (SMES) Technology market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Superconducting Magnetic Energy Storage (SMES) Technology market.
Market Overview: The report provides a comprehensive overview of the Superconducting Magnetic Energy Storage (SMES) Technology market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., High Temperature SMES, Low Temperature SMES), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Superconducting Magnetic Energy Storage (SMES) Technology market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Superconducting Magnetic Energy Storage (SMES) Technology market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Superconducting Magnetic Energy Storage (SMES) Technology market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the Superconducting Magnetic Energy Storage (SMES) Technology market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Superconducting Magnetic Energy Storage (SMES) Technology market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Superconducting Magnetic Energy Storage (SMES) Technology market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Superconducting Magnetic Energy Storage (SMES) Technology, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Superconducting Magnetic Energy Storage (SMES) Technology market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Superconducting Magnetic Energy Storage (SMES) Technology market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
High Temperature SMES
Low Temperature SMES
Market segment by Application
Power Grid Stabilization
Renewable Energy Integration
Electric Vehicle Charging
Others
Global Superconducting Magnetic Energy Storage (SMES) Technology Market Segment Percentages, By Region and Country, 2022 (%)
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
Major players covered
ABB
American Superconductor Corporation (AMSC)
ASG Superconductors
Southwire
Hyper Tech Research
Nexans
Korea Electrotechnology Research Institute (KERI)
Luvata
Bruker Energy & Supercon Technologies
Fujikura
Sumitomo Electric Industries
Outline of Major Chapters:
Chapter 1: Introduces the definition of Superconducting Magnetic Energy Storage (SMES) Technology, market overview.
Chapter 2: Global Superconducting Magnetic Energy Storage (SMES) Technology market size in revenue and volume.
Chapter 3: Detailed analysis of Superconducting Magnetic Energy Storage (SMES) Technology manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Superconducting Magnetic Energy Storage (SMES) Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Superconducting Magnetic Energy Storage (SMES) Technology capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports
1.1 Superconducting Magnetic Energy Storage (SMES) Technology Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Superconducting Magnetic Energy Storage (SMES) Technology Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Superconducting Magnetic Energy Storage (SMES) Technology Overall Market Size
2.1 Global Superconducting Magnetic Energy Storage (SMES) Technology Market Size: 2022 VS 2029
2.2 Global Superconducting Magnetic Energy Storage (SMES) Technology Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Superconducting Magnetic Energy Storage (SMES) Technology Sales: 2018-2029
3 Company Landscape
3.1 Top Superconducting Magnetic Energy Storage (SMES) Technology Players in Global Market
3.2 Top Global Superconducting Magnetic Energy Storage (SMES) Technology Companies Ranked by Revenue
3.3 Global Superconducting Magnetic Energy Storage (SMES) Technology Revenue by Companies
3.4 Global Superconducting Magnetic Energy Storage (SMES) Technology Sales by Companies
3.5 Global Superconducting Magnetic Energy Storage (SMES) Technology Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Superconducting Magnetic Energy Storage (SMES) Technology Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Superconducting Magnetic Energy Storage (SMES) Technology Product Type
3.8 Tier 1, Tier 2 and Tier 3 Superconducting Magnetic Energy Storage (SMES) Technology Players in Global Market
3.8.1 List of Global Tier 1 Superconducting Magnetic Energy Storage (SMES) Technology Companies
3.8.2 List of Global Tier 2 and Tier 3 Superconducting Magnetic Energy Storage (SMES) Technology Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Superconducting Magnetic Energy Storage (SMES) Technology Market Size Markets, 2022 & 2029
4.1.2 High Temperature SMES
4.1.3 Low Temperature SMES
4.2 By Type - Global Superconducting Magnetic Energy Storage (SMES) Technology Revenue & Forecasts
4.2.1 By Type - Global Superconducting Magnetic Energy Storage (SMES) Technology Revenue, 2018-2023
4.2.2 By Type - Global Superconducting Magnetic Energy Storage (SMES) Technology Revenue, 2024-2029
4.2.3 By Type - Global Superconducting Magnetic Energy Storage (SMES) Technology Revenue Market Share, 2018-2029
4.3 By Type - Global Superconducting Magnetic Energy Storage (SMES) Technology Sales & Forecasts
4.3.1 By Type - Global Superconducting Magnetic Energy Storage (SMES) Technology Sales, 2018-2023
4.3.2 By Type - Global Superconducting Magnetic Energy Storage (SMES) Technology Sales, 2024-2029
4.3.3 By Type - Global Superconducting Magnetic Energy Storage (SMES) Technology Sales Market Share, 2018-2029
4.4 By Type - Global Superconducting Magnetic Energy Storage (SMES) Technology Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2022 & 2029
5.1.2 Power Grid Stabilization
5.1.3 Renewable Energy Integration
5.1.4 Electric Vehicle Charging
5.1.5 Others
5.2 By Application - Global Superconducting Magnetic Energy Storage (SMES) Technology Revenue & Forecasts
5.2.1 By Application - Global Superconducting Magnetic Energy Storage (SMES) Technology Revenue, 2018-2023
5.2.2 By Application - Global Superconducting Magnetic Energy Storage (SMES) Technology Revenue, 2024-2029
5.2.3 By Application - Global Superconducting Magnetic Energy Storage (SMES) Technology Revenue Market Share, 2018-2029
5.3 By Application - Global Superconducting Magnetic Energy Storage (SMES) Technology Sales & Forecasts
5.3.1 By Application - Global Superconducting Magnetic Energy Storage (SMES) Technology Sales, 2018-2023
5.3.2 By Application - Global Superconducting Magnetic Energy Storage (SMES) Technology Sales, 2024-2029
5.3.3 By Application - Global Superconducting Magnetic Energy Storage (SMES) Technology Sales Market Share, 2018-2029
5.4 By Application - Global Superconducting Magnetic Energy Storage (SMES) Technology Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2022 & 2029
6.2 By Region - Global Superconducting Magnetic Energy Storage (SMES) Technology Revenue & Forecasts
6.2.1 By Region - Global Superconducting Magnetic Energy Storage (SMES) Technology Revenue, 2018-2023
6.2.2 By Region - Global Superconducting Magnetic Energy Storage (SMES) Technology Revenue, 2024-2029
6.2.3 By Region - Global Superconducting Magnetic Energy Storage (SMES) Technology Revenue Market Share, 2018-2029
6.3 By Region - Global Superconducting Magnetic Energy Storage (SMES) Technology Sales & Forecasts
6.3.1 By Region - Global Superconducting Magnetic Energy Storage (SMES) Technology Sales, 2018-2023
6.3.2 By Region - Global Superconducting Magnetic Energy Storage (SMES) Technology Sales, 2024-2029
6.3.3 By Region - Global Superconducting Magnetic Energy Storage (SMES) Technology Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Superconducting Magnetic Energy Storage (SMES) Technology Revenue, 2018-2029
6.4.2 By Country - North America Superconducting Magnetic Energy Storage (SMES) Technology Sales, 2018-2029
6.4.3 US Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.4.4 Canada Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.4.5 Mexico Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Superconducting Magnetic Energy Storage (SMES) Technology Revenue, 2018-2029
6.5.2 By Country - Europe Superconducting Magnetic Energy Storage (SMES) Technology Sales, 2018-2029
6.5.3 Germany Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.5.4 France Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.5.5 U.K. Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.5.6 Italy Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.5.7 Russia Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.5.8 Nordic Countries Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.5.9 Benelux Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Superconducting Magnetic Energy Storage (SMES) Technology Revenue, 2018-2029
6.6.2 By Region - Asia Superconducting Magnetic Energy Storage (SMES) Technology Sales, 2018-2029
6.6.3 China Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.6.4 Japan Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.6.5 South Korea Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.6.6 Southeast Asia Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.6.7 India Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Superconducting Magnetic Energy Storage (SMES) Technology Revenue, 2018-2029
6.7.2 By Country - South America Superconducting Magnetic Energy Storage (SMES) Technology Sales, 2018-2029
6.7.3 Brazil Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.7.4 Argentina Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Superconducting Magnetic Energy Storage (SMES) Technology Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Superconducting Magnetic Energy Storage (SMES) Technology Sales, 2018-2029
6.8.3 Turkey Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.8.4 Israel Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.8.5 Saudi Arabia Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
6.8.6 UAE Superconducting Magnetic Energy Storage (SMES) Technology Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 ABB
7.1.1 ABB Company Summary
7.1.2 ABB Business Overview
7.1.3 ABB Superconducting Magnetic Energy Storage (SMES) Technology Major Product Offerings
7.1.4 ABB Superconducting Magnetic Energy Storage (SMES) Technology Sales and Revenue in Global (2018-2023)
7.1.5 ABB Key News & Latest Developments
7.2 American Superconductor Corporation (AMSC)
7.2.1 American Superconductor Corporation (AMSC) Company Summary
7.2.2 American Superconductor Corporation (AMSC) Business Overview
7.2.3 American Superconductor Corporation (AMSC) Superconducting Magnetic Energy Storage (SMES) Technology Major Product Offerings
7.2.4 American Superconductor Corporation (AMSC) Superconducting Magnetic Energy Storage (SMES) Technology Sales and Revenue in Global (2018-2023)
7.2.5 American Superconductor Corporation (AMSC) Key News & Latest Developments
7.3 ASG Superconductors
7.3.1 ASG Superconductors Company Summary
7.3.2 ASG Superconductors Business Overview
7.3.3 ASG Superconductors Superconducting Magnetic Energy Storage (SMES) Technology Major Product Offerings
7.3.4 ASG Superconductors Superconducting Magnetic Energy Storage (SMES) Technology Sales and Revenue in Global (2018-2023)
7.3.5 ASG Superconductors Key News & Latest Developments
7.4 Southwire
7.4.1 Southwire Company Summary
7.4.2 Southwire Business Overview
7.4.3 Southwire Superconducting Magnetic Energy Storage (SMES) Technology Major Product Offerings
7.4.4 Southwire Superconducting Magnetic Energy Storage (SMES) Technology Sales and Revenue in Global (2018-2023)
7.4.5 Southwire Key News & Latest Developments
7.5 Hyper Tech Research
7.5.1 Hyper Tech Research Company Summary
7.5.2 Hyper Tech Research Business Overview
7.5.3 Hyper Tech Research Superconducting Magnetic Energy Storage (SMES) Technology Major Product Offerings
7.5.4 Hyper Tech Research Superconducting Magnetic Energy Storage (SMES) Technology Sales and Revenue in Global (2018-2023)
7.5.5 Hyper Tech Research Key News & Latest Developments
7.6 Nexans
7.6.1 Nexans Company Summary
7.6.2 Nexans Business Overview
7.6.3 Nexans Superconducting Magnetic Energy Storage (SMES) Technology Major Product Offerings
7.6.4 Nexans Superconducting Magnetic Energy Storage (SMES) Technology Sales and Revenue in Global (2018-2023)
7.6.5 Nexans Key News & Latest Developments
7.7 Korea Electrotechnology Research Institute (KERI)
7.7.1 Korea Electrotechnology Research Institute (KERI) Company Summary
7.7.2 Korea Electrotechnology Research Institute (KERI) Business Overview
7.7.3 Korea Electrotechnology Research Institute (KERI) Superconducting Magnetic Energy Storage (SMES) Technology Major Product Offerings
7.7.4 Korea Electrotechnology Research Institute (KERI) Superconducting Magnetic Energy Storage (SMES) Technology Sales and Revenue in Global (2018-2023)
7.7.5 Korea Electrotechnology Research Institute (KERI) Key News & Latest Developments
7.8 Luvata
7.8.1 Luvata Company Summary
7.8.2 Luvata Business Overview
7.8.3 Luvata Superconducting Magnetic Energy Storage (SMES) Technology Major Product Offerings
7.8.4 Luvata Superconducting Magnetic Energy Storage (SMES) Technology Sales and Revenue in Global (2018-2023)
7.8.5 Luvata Key News & Latest Developments
7.9 Bruker Energy & Supercon Technologies
7.9.1 Bruker Energy & Supercon Technologies Company Summary
7.9.2 Bruker Energy & Supercon Technologies Business Overview
7.9.3 Bruker Energy & Supercon Technologies Superconducting Magnetic Energy Storage (SMES) Technology Major Product Offerings
7.9.4 Bruker Energy & Supercon Technologies Superconducting Magnetic Energy Storage (SMES) Technology Sales and Revenue in Global (2018-2023)
7.9.5 Bruker Energy & Supercon Technologies Key News & Latest Developments
7.10 Fujikura
7.10.1 Fujikura Company Summary
7.10.2 Fujikura Business Overview
7.10.3 Fujikura Superconducting Magnetic Energy Storage (SMES) Technology Major Product Offerings
7.10.4 Fujikura Superconducting Magnetic Energy Storage (SMES) Technology Sales and Revenue in Global (2018-2023)
7.10.5 Fujikura Key News & Latest Developments
7.11 Sumitomo Electric Industries
7.11.1 Sumitomo Electric Industries Company Summary
7.11.2 Sumitomo Electric Industries Business Overview
7.11.3 Sumitomo Electric Industries Superconducting Magnetic Energy Storage (SMES) Technology Major Product Offerings
7.11.4 Sumitomo Electric Industries Superconducting Magnetic Energy Storage (SMES) Technology Sales and Revenue in Global (2018-2023)
7.11.5 Sumitomo Electric Industries Key News & Latest Developments
8 Global Superconducting Magnetic Energy Storage (SMES) Technology Production Capacity, Analysis
8.1 Global Superconducting Magnetic Energy Storage (SMES) Technology Production Capacity, 2018-2029
8.2 Superconducting Magnetic Energy Storage (SMES) Technology Production Capacity of Key Manufacturers in Global Market
8.3 Global Superconducting Magnetic Energy Storage (SMES) Technology Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Superconducting Magnetic Energy Storage (SMES) Technology Supply Chain Analysis
10.1 Superconducting Magnetic Energy Storage (SMES) Technology Industry Value Chain
10.2 Superconducting Magnetic Energy Storage (SMES) Technology Upstream Market
10.3 Superconducting Magnetic Energy Storage (SMES) Technology Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Superconducting Magnetic Energy Storage (SMES) Technology Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
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