The global Superconducting Magnetic Energy Storage (SMES) Systems market size is predicted to grow from US$ 86.9 million in 2025 to US$ 145 million in 2031; it is expected to grow at a CAGR of 8.9% from 2025 to 2031.
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.
As electrical grids worldwide age, SMES systems are being adopted to improve reliability and prevent outages in existing infrastructure.
Increasing demand for high-quality power, especially in industries like healthcare, data centers, and manufacturing, drives the need for SMES systems that can mitigate voltage sags, spikes, and harmonics.
Governments and organizations worldwide are focusing on achieving net-zero emissions, which promotes the adoption of renewable energy technologies. SMES systems address the intermittency of renewable energy sources by storing excess power during peak production and discharging it when generation is low.
Progress in HTS materials reduces cooling requirements and costs, making SMES systems more viable for commercial applications. Innovations in superconducting materials and cryogenics allow for smaller, more efficient SMES systems suitable for diverse applications. Technological advancements have led to near-perfect efficiency in energy storage and retrieval, making SMES a preferred option for specific high-performance applications.
The 鈥淪uperconducting Magnetic Energy Storage (SMES) Systems Industry Forecast鈥 looks at past sales and reviews total world Superconducting Magnetic Energy Storage (SMES) Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected Superconducting Magnetic Energy Storage (SMES) Systems sales for 2025 through 2031. With Superconducting Magnetic Energy Storage (SMES) Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Superconducting Magnetic Energy Storage (SMES) Systems industry.
This Insight Report provides a comprehensive analysis of the global Superconducting Magnetic Energy Storage (SMES) Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Superconducting Magnetic Energy Storage (SMES) Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥 unique position in an accelerating global Superconducting Magnetic Energy Storage (SMES) Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Superconducting Magnetic Energy Storage (SMES) Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Superconducting Magnetic Energy Storage (SMES) Systems.
This report presents a comprehensive overview, market shares, and growth opportunities of Superconducting Magnetic Energy Storage (SMES) Systems market by product type, application, key players and key regions and countries.
Segmentation by Type:
Low Temperature SMES
High Temperature SMES
Segmentation by Application:
Industrial Energy Storage
Renewable Energy Storage
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
American Superconductor
Bruker
SuperPower
Fujikura
Hyper Tech Research
Southwire Company
Sumitomo Electric Industries
ASG Superconductors
Nexans
Luvata
SuNam
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size (2020-2031)
2.1.2 Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Superconducting Magnetic Energy Storage (SMES) Systems by Country/Region (2020, 2024 & 2031)
2.2 Superconducting Magnetic Energy Storage (SMES) Systems Segment by Type
2.2.1 Low Temperature SMES
2.2.2 High Temperature SMES
2.3 Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Type
2.3.1 Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size 麻豆原创 Share by Type (2020-2025)
2.4 Superconducting Magnetic Energy Storage (SMES) Systems Segment by Application
2.4.1 Power System
2.4.2 Industrial Use
2.4.3 Research Institution
2.4.4 Others
2.5 Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Application
2.5.1 Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size 麻豆原创 Share by Application (2020-2025)
3 Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Player
3.1 Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size 麻豆原创 Share by Player
3.1.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Revenue by Player (2020-2025)
3.1.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Revenue 麻豆原创 Share by Player (2020-2025)
3.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Key Players Head office and Products Offered
3.3 麻豆原创 Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Superconducting Magnetic Energy Storage (SMES) Systems by Region
4.1 Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Region (2020-2025)
4.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Annual Revenue by Country/Region (2020-2025)
4.3 Americas Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size Growth (2020-2025)
4.4 APAC Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size Growth (2020-2025)
4.5 Europe Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size Growth (2020-2025)
4.6 Middle East & Africa Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size Growth (2020-2025)
5 Americas
5.1 Americas Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Country (2020-2025)
5.2 Americas Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Type (2020-2025)
5.3 Americas Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Region (2020-2025)
6.2 APAC Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Type (2020-2025)
6.3 APAC Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Country (2020-2025)
7.2 Europe Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Type (2020-2025)
7.3 Europe Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Superconducting Magnetic Energy Storage (SMES) Systems by Region (2020-2025)
8.2 Middle East & Africa Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Type (2020-2025)
8.3 Middle East & Africa Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Global Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Forecast
10.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Forecast by Region (2026-2031)
10.1.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Forecast by Region (2026-2031)
10.1.2 Americas Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.1.3 APAC Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.1.4 Europe Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.1.5 Middle East & Africa Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.2 Americas Superconducting Magnetic Energy Storage (SMES) Systems Forecast by Country (2026-2031)
10.2.1 United States 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.2.2 Canada 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.2.3 Mexico 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.2.4 Brazil 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.3 APAC Superconducting Magnetic Energy Storage (SMES) Systems Forecast by Region (2026-2031)
10.3.1 China Superconducting Magnetic Energy Storage (SMES) Systems 麻豆原创 Forecast
10.3.2 Japan 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.3.3 Korea 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.3.4 Southeast Asia 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.3.5 India 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.3.6 Australia 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.4 Europe Superconducting Magnetic Energy Storage (SMES) Systems Forecast by Country (2026-2031)
10.4.1 Germany 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.4.2 France 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.4.3 UK 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.4.4 Italy 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.4.5 Russia 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.5 Middle East & Africa Superconducting Magnetic Energy Storage (SMES) Systems Forecast by Region (2026-2031)
10.5.1 Egypt 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.5.2 South Africa 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.5.3 Israel 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.5.4 Turkey 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
10.6 Global Superconducting Magnetic Energy Storage (SMES) Systems Forecast by Type (2026-2031)
10.7 Global Superconducting Magnetic Energy Storage (SMES) Systems Forecast by Application (2026-2031)
10.7.1 GCC Countries 麻豆原创 Superconducting Magnetic Energy Storage (SMES) Systems Forecast
11 Key Players Analysis
11.1 American Superconductor Corporation
11.1.1 American Superconductor Corporation Company Information
11.1.2 American Superconductor Corporation Superconducting Magnetic Energy Storage (SMES) Systems Product Offered
11.1.3 American Superconductor Corporation Superconducting Magnetic Energy Storage (SMES) Systems Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.1.4 American Superconductor Corporation Main Business Overview
11.1.5 American Superconductor Corporation Latest Developments
11.2 Super Power Inc
11.2.1 Super Power Inc Company Information
11.2.2 Super Power Inc Superconducting Magnetic Energy Storage (SMES) Systems Product Offered
11.2.3 Super Power Inc Superconducting Magnetic Energy Storage (SMES) Systems Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.2.4 Super Power Inc Main Business Overview
11.2.5 Super Power Inc Latest Developments
11.3 Bruker Energy & Supercon Technologies
11.3.1 Bruker Energy & Supercon Technologies Company Information
11.3.2 Bruker Energy & Supercon Technologies Superconducting Magnetic Energy Storage (SMES) Systems Product Offered
11.3.3 Bruker Energy & Supercon Technologies Superconducting Magnetic Energy Storage (SMES) Systems Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.3.4 Bruker Energy & Supercon Technologies Main Business Overview
11.3.5 Bruker Energy & Supercon Technologies Latest Developments
11.4 Fujikura
11.4.1 Fujikura Company Information
11.4.2 Fujikura Superconducting Magnetic Energy Storage (SMES) Systems Product Offered
11.4.3 Fujikura Superconducting Magnetic Energy Storage (SMES) Systems Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.4.4 Fujikura Main Business Overview
11.4.5 Fujikura Latest Developments
11.5 Hyper Tech Research
11.5.1 Hyper Tech Research Company Information
11.5.2 Hyper Tech Research Superconducting Magnetic Energy Storage (SMES) Systems Product Offered
11.5.3 Hyper Tech Research Superconducting Magnetic Energy Storage (SMES) Systems Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.5.4 Hyper Tech Research Main Business Overview
11.5.5 Hyper Tech Research Latest Developments
11.6 Southwire Company US
11.6.1 Southwire Company US Company Information
11.6.2 Southwire Company US Superconducting Magnetic Energy Storage (SMES) Systems Product Offered
11.6.3 Southwire Company US Superconducting Magnetic Energy Storage (SMES) Systems Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.6.4 Southwire Company US Main Business Overview
11.6.5 Southwire Company US Latest Developments
11.7 Sumitomo Electric Industries, Ltd
11.7.1 Sumitomo Electric Industries, Ltd Company Information
11.7.2 Sumitomo Electric Industries, Ltd Superconducting Magnetic Energy Storage (SMES) Systems Product Offered
11.7.3 Sumitomo Electric Industries, Ltd Superconducting Magnetic Energy Storage (SMES) Systems Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.7.4 Sumitomo Electric Industries, Ltd Main Business Overview
11.7.5 Sumitomo Electric Industries, Ltd Latest Developments
11.8 General Cable Superconductors Ltd.
11.8.1 General Cable Superconductors Ltd. Company Information
11.8.2 General Cable Superconductors Ltd. Superconducting Magnetic Energy Storage (SMES) Systems Product Offered
11.8.3 General Cable Superconductors Ltd. Superconducting Magnetic Energy Storage (SMES) Systems Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.8.4 General Cable Superconductors Ltd. Main Business Overview
11.8.5 General Cable Superconductors Ltd. Latest Developments
11.9 Nexans SA
11.9.1 Nexans SA Company Information
11.9.2 Nexans SA Superconducting Magnetic Energy Storage (SMES) Systems Product Offered
11.9.3 Nexans SA Superconducting Magnetic Energy Storage (SMES) Systems Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.9.4 Nexans SA Main Business Overview
11.9.5 Nexans SA Latest Developments
11.10 ASG Superconductors SpA
11.10.1 ASG Superconductors SpA Company Information
11.10.2 ASG Superconductors SpA Superconducting Magnetic Energy Storage (SMES) Systems Product Offered
11.10.3 ASG Superconductors SpA Superconducting Magnetic Energy Storage (SMES) Systems Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.10.4 ASG Superconductors SpA Main Business Overview
11.10.5 ASG Superconductors SpA Latest Developments
11.11 Luvata U.K.
11.11.1 Luvata U.K. Company Information
11.11.2 Luvata U.K. Superconducting Magnetic Energy Storage (SMES) Systems Product Offered
11.11.3 Luvata U.K. Superconducting Magnetic Energy Storage (SMES) Systems Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.11.4 Luvata U.K. Main Business Overview
11.11.5 Luvata U.K. Latest Developments
11.12 SuNam Co., Ltd.
11.12.1 SuNam Co., Ltd. Company Information
11.12.2 SuNam Co., Ltd. Superconducting Magnetic Energy Storage (SMES) Systems Product Offered
11.12.3 SuNam Co., Ltd. Superconducting Magnetic Energy Storage (SMES) Systems Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.12.4 SuNam Co., Ltd. Main Business Overview
11.12.5 SuNam Co., Ltd. Latest Developments
11.13 Superconductor Technologies Inc
11.13.1 Superconductor Technologies Inc Company Information
11.13.2 Superconductor Technologies Inc Superconducting Magnetic Energy Storage (SMES) Systems Product Offered
11.13.3 Superconductor Technologies Inc Superconducting Magnetic Energy Storage (SMES) Systems Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.13.4 Superconductor Technologies Inc Main Business Overview
11.13.5 Superconductor Technologies Inc Latest Developments
12 Research Findings and Conclusion
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*If Applicable.