Summary

The global Superconducting Magnetic Energy Storage (SMES) Systems market was valued at US$ 70.24 million in 2023 and is anticipated to reach US$ 141.94 million by 2030, witnessing a CAGR of 10.44% during the forecast period 2024-2030.
North American market for Superconducting Magnetic Energy Storage (SMES) Systems is estimated to increase from $ 29.56 million in 2023 to reach $ 57.42 million by 2030, at a CAGR of 9.89% during the forecast period of 2024 through 2030.
Asia-Pacific market for Superconducting Magnetic Energy Storage (SMES) Systems is estimated to increase from $ 21.18 million in 2023 to reach $ 47.25 million by 2030, at a CAGR of 11.87% during the forecast period of 2024 through 2030.

The major global companies of Superconducting Magnetic Energy Storage (SMES) Systems include American Superconductor Corporation, SuperPower, Bruker, Fujikura, Hyper Tech Research, Southwire Company, Sumitomo Electric Industries, Nexans, and ASG Superconductors, etc. In 2023, the world's top three vendors accounted for approximately 33.53 % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Superconducting Magnetic Energy Storage (SMES) Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Superconducting Magnetic Energy Storage (SMES) Systems.

The Superconducting Magnetic Energy Storage (SMES) Systems market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Superconducting Magnetic Energy Storage (SMES) Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Superconducting Magnetic Energy Storage (SMES) Systems companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation
By Company
American Superconductor
Bruker
SuperPower
Fujikura
Hyper Tech Research
Southwire Company
Sumitomo Electric Industries
ASG Superconductors
Nexans
Luvata
SuNam

Segment by Type
Low Temperature SMES
High Temperature SMES

Segment by Application
Industrial Energy Storage
Renewable Energy Storage
Other

By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Rest of Asia- Pacific
Europe
Germany
France
U.K.
Italy
Rest of Europe
Rest of World
Brazil
Others

Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of Superconducting Magnetic Energy Storage (SMES) Systems company competitive landscape, 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, 7, 8, 9 North America, Europe, Asia Pacific, Rest of World segment by country. 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, and capacity of each country in the world.
Chapter 10: 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, etc.
Chapter 11: The main points and conclusions of the report.

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Table of Contents

1 Report Overview 1
1.1 Study Scope 1
1.2 Market Analysis by Type 1
1.2.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Size Growth Rate by Type: 2019 VS 2023 VS 2030 1
1.2.2 Low Temperature SMES 3
1.2.3 High Temperature SMES 3
1.3 Market by Application 3
1.3.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Growth by Application: 2019 VS 2023 VS 2030 4
1.3.2 Industrial Energy Storage 5
1.3.3 Renewable Energy Storage 5
1.3.4 Others 6
1.4 Assumptions and Limitations 6
1.5 Study Objectives 7
1.6 Years Considered 7
2 Global Growth Trends 8
2.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Perspective (2019-2030) 8
2.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Growth Trends by Region 9
2.2.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Region: 2019 VS 2023 VS 2030 10
2.2.2 Superconducting Magnetic Energy Storage (SMES) Systems Historic Market Size by Region (2019-2024) 10
2.2.3 Superconducting Magnetic Energy Storage (SMES) Systems Forecasted Market Size by Region (2025-2030) 11
2.3 Superconducting Magnetic Energy Storage (SMES) Systems Market Dynamics 12
2.3.1 Superconducting Magnetic Energy Storage (SMES) Systems Industry Trends 12
2.3.2 Superconducting Magnetic Energy Storage (SMES) Systems Market Drivers 12
2.3.3 Superconducting Magnetic Energy Storage (SMES) Systems Market Challenges 13
3 Competition Landscape by Key Players 14
3.1 Global Top Superconducting Magnetic Energy Storage (SMES) Systems Players by Revenue 14
3.1.1 Global Top Superconducting Magnetic Energy Storage (SMES) Systems Players by Revenue (2019-2024) 14
3.1.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Revenue Market Share by Players (2019-2024) 15
3.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 16
3.3 Global Key Players Ranking by Superconducting Magnetic Energy Storage (SMES) Systems Revenue 17
3.4 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Concentration Ratio 18
3.4.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Concentration Ratio (CR5 and HHI) 18
3.4.2 Global Top 5 and Top 10 Companies by Superconducting Magnetic Energy Storage (SMES) Systems Revenue in 2023 19
3.5 Global Key Players of Superconducting Magnetic Energy Storage (SMES) Systems Area Served 20
3.6 Global Key Players of Superconducting Magnetic Energy Storage (SMES) Systems Manufacturing Plants Distribution 20
3.7 Mergers & Acquisitions, Expansion Plans 21
4 Superconducting Magnetic Energy Storage (SMES) Systems Breakdown Data by Type 22
4.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Historic Market Size by Type (2019-2024) 22
4.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Forecasted Market Size by Type (2025-2030) 23
5 Superconducting Magnetic Energy Storage (SMES) Systems Breakdown Data by Application 24
5.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Historic Market Size by Application (2019-2024) 24
5.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Forecasted Market Size by Application (2025-2030) 25
6 North America 26
6.1 North America Superconducting Magnetic Energy Storage (SMES) Systems Market Size (2019-2030) 26
6.2 North America Superconducting Magnetic Energy Storage (SMES) Systems Market Growth Rate by Country: 2019 VS 2023 VS 2030 26
6.3 North America Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Country (2019-2024) 27
6.4 North America Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Country (2025-2030) 27
6.5 United States 28
6.6 Canada 29
7 Europe 30
7.1 Europe Superconducting Magnetic Energy Storage (SMES) Systems Market Size (2019-2030) 30
7.2 Europe Superconducting Magnetic Energy Storage (SMES) Systems Market Growth Rate by Country: 2019 VS 2023 VS 2030 30
7.3 Europe Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Country (2019-2024) 31
7.4 Europe Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Country (2025-2030) 31
7.5 Germany 32
7.6 France 33
7.7 U.K. 33
7.8 Italy 34
8 Asia-Pacific 35
8.1 Asia-Pacific Superconducting Magnetic Energy Storage (SMES) Systems Market Size (2019-2030) 35
8.2 Asia-Pacific Superconducting Magnetic Energy Storage (SMES) Systems Market Growth Rate by Country: 2019 VS 2023 VS 2030 35
8.3 Asia-Pacific Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Region (2019-2024) 36
8.4 Asia-Pacific Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Region (2025-2030) 36
8.5 China 37
8.6 Japan 38
8.7 South Korea 38
8.8 Southeast Asia 39
8.9 India 39
9 Rest of World 40
9.1 Rest of World Superconducting Magnetic Energy Storage (SMES) Systems Market Size (2019-2030) 40
9.2 Rest of World Superconducting Magnetic Energy Storage (SMES) Systems Market Growth Rate by Country: 2019 VS 2023 VS 2030 40
9.3 Rest of World Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Country (2019-2024) 41
9.4 Rest of World Superconducting Magnetic Energy Storage (SMES) Systems Market Size by Country (2025-2030) 41
9.5 Brazil 42
10 Key Players Profiles 43
10.1 American Superconductor Corporation 43
10.1.1 American Superconductor Corporation Company Details 43
10.1.2 American Superconductor Corporation Business Overview 43
10.1.3 American Superconductor Corporation Superconducting Magnetic Energy Storage (SMES) Systems Related Products Introduction 44
10.1.4 American Superconductor Corporation Revenue in Superconducting Magnetic Energy Storage (SMES) Systems Business (2019-2024) 44
10.2 Bruker 44
10.2.1 Bruker Company Details 44
10.2.2 Bruker Business Overview 45
10.2.3 Bruker Superconducting Magnetic Energy Storage (SMES) Systems Related Products Introduction 45
10.2.4 Bruker Revenue in Superconducting Magnetic Energy Storage (SMES) Systems Business (2019-2024) 46
10.3 SuperPower 46
10.3.1 SuperPower Company Details 46
10.3.2 SuperPower Business Overview 46
10.3.3 SuperPower Superconducting Magnetic Energy Storage (SMES) Systems Related Products Introduction 47
10.3.4 SuperPower Revenue in Superconducting Magnetic Energy Storage (SMES) Systems Business (2019-2024) 47
10.4 Fujikura 48
10.4.1 Fujikura Company Details 48
10.4.2 Fujikura Business Overview 48
10.4.3 Fujikura Superconducting Magnetic Energy Storage (SMES) Systems Related Products Introduction 49
10.4.4 Fujikura Revenue in Superconducting Magnetic Energy Storage (SMES) Systems Business (2019-2024) 49
10.5 Hyper Tech Research 50
10.5.1 Hyper Tech Research Company Details 50
10.5.2 Hyper Tech Research Business Overview 50
10.5.3 Hyper Tech Research Superconducting Magnetic Energy Storage (SMES) Systems Related Products Introduction 50
10.5.4 Hyper Tech Research Revenue in Superconducting Magnetic Energy Storage (SMES) Systems Business (2019-2024) 51
10.6 Southwire Company 51
10.6.1 Southwire Company Details 51
10.6.2 Southwire Company Business Overview 52
10.6.3 Southwire Company Superconducting Magnetic Energy Storage (SMES) Systems Related Products Introduction 52
10.6.4 Southwire Company Revenue in Superconducting Magnetic Energy Storage (SMES) Systems Business (2019-2024) 53
10.7 Sumitomo Electric Industries 53
10.7.1 Sumitomo Electric Industries Company Details 53
10.7.2 Sumitomo Electric Industries Business Overview 54
10.7.3 Sumitomo Electric Industries Superconducting Magnetic Energy Storage (SMES) Systems Related Products Introduction 54
10.7.4 Sumitomo Electric Industries Revenue in Superconducting Magnetic Energy Storage (SMES) Systems Business (2019-2024) 54
10.8 ASG Superconductors 55
10.8.1 ASG Superconductors Company Details 55
10.8.2 ASG Superconductors Business Overview 55
10.8.3 ASG Superconductors Superconducting Magnetic Energy Storage (SMES) Systems Related Products Introduction 55
10.8.4 ASG Superconductors Revenue in Superconducting Magnetic Energy Storage (SMES) Systems Business (2019-2024) 56
10.9 Nexans 56
10.9.1 Nexans Company Details 56
10.9.2 Nexans Business Overview 57
10.9.3 Nexans Superconducting Magnetic Energy Storage (SMES) Systems Related Products Introduction 58
10.9.4 Nexans Revenue in Superconducting Magnetic Energy Storage (SMES) Systems Business (2019-2024) 59
10.10 Luvata 59
10.10.1 Luvata Company Details 59
10.10.2 Luvata Business Overview 59
10.10.3 Luvata Superconducting Magnetic Energy Storage (SMES) Systems Related Products Introduction 60
10.10.4 Luvata Revenue in Superconducting Magnetic Energy Storage (SMES) Systems Business (2019-2024) 60
10.11 SuNam 61
10.11.1 SuNam Company Details 61
10.11.2 SuNam Business Overview 61
10.11.3 SuNam Superconducting Magnetic Energy Storage (SMES) Systems Related Products Introduction 62
10.11.4 SuNam Revenue in Superconducting Magnetic Energy Storage (SMES) Systems Business (2019-2024) 62
11 Analyst's Viewpoints/Conclusions 63
12 Appendix 64
12.1 Research Methodology 64
12.1.1 Methodology/Research Approach 64
12.1.2 Data Source 67
12.2 Author Details 70
12.3 Disclaimer 70