Global Superconducting Magnetic Energy Storage (SMES) Systems Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Superconducting Magnetic Energy Storage (SMES) Systems market size will reach 95.90 Million USD in 2025 and is projected to reach 167.69 Million USD by 2032, with a CAGR of 8.31% (2025-2032). Notably, the China Superconducting Magnetic Energy Storage (SMES) Systems market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Superconducting Magnetic Energy Storage (SMES) systems are advanced energy storage technologies that utilize the principles of superconductivity to store electrical energy in the form of a magnetic field. These systems typically consist of superconducting coils that are cryogenically cooled to temperatures below their critical temperature, allowing them to conduct electricity with zero resistance. When electrical energy is supplied to the system, it is converted into a magnetic field within the superconducting coil. This magnetic field can then be stored indefinitely with minimal energy loss. When energy is needed, the magnetic field is released, inducing an electrical current in the coil that can be drawn from the system. SMES systems are known for their high efficiency, rapid response times, and ability to store large amounts of energy in relatively small footprints. They are used for a variety of applications, including grid stabilization, frequency regulation, uninterruptible power supplies, and power quality improvement. While SMES systems offer several advantages, including high efficiency and long cycle life, they are also limited by factors such as high initial costs, complex cryogenic cooling requirements, and relatively low energy densities compared to other energy storage technologies. Ongoing research aims to address these limitations and further optimize SMES systems for widespread deployment in modern energy systems.
The major global suppliers 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., Nexans SA, ASG Superconductors SpA, Luvata U.K., SuNam Co., Ltd., Superconductor Technologies Inc, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Superconducting Magnetic Energy Storage (SMES) Systems. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global Superconducting Magnetic Energy Storage (SMES) Systems market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Superconducting Magnetic Energy Storage (SMES) Systems market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Superconducting Magnetic Energy Storage (SMES) Systems industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Suppliers 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.
Nexans SA
ASG Superconductors SpA
Luvata U.K.
SuNam Co., Ltd.
Superconductor Technologies Inc
Superconducting Magnetic Energy Storage (SMES) Systems Product Segment Include:
Low Temperature SMES
High Temperature SMES
Superconducting Magnetic Energy Storage (SMES) Systems Product Application Include:
Power System
Industrial Use
Research Institution
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Superconducting Magnetic Energy Storage (SMES) Systems Industry PESTEL Analysis
Chapter 3: Global Superconducting Magnetic Energy Storage (SMES) Systems Industry Porter's Five Forces Analysis
Chapter 4: Global Superconducting Magnetic Energy Storage (SMES) Systems Major Regional Market Size (Revenue) and Forecast Analysis
Chapter 5: Global Superconducting Magnetic Energy Storage (SMES) Systems Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 6: Global Superconducting Magnetic Energy Storage (SMES) Systems Revenue and Forecast Analysis by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 8: Industrial Chain Analysis, Superconducting Magnetic Energy Storage (SMES) Systems Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Superconducting Magnetic Energy Storage (SMES) Systems market size will reach 95.90 Million USD in 2025 and is projected to reach 167.69 Million USD by 2032, with a CAGR of 8.31% (2025-2032). Notably, the China Superconducting Magnetic Energy Storage (SMES) Systems market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Superconducting Magnetic Energy Storage (SMES) systems are advanced energy storage technologies that utilize the principles of superconductivity to store electrical energy in the form of a magnetic field. These systems typically consist of superconducting coils that are cryogenically cooled to temperatures below their critical temperature, allowing them to conduct electricity with zero resistance. When electrical energy is supplied to the system, it is converted into a magnetic field within the superconducting coil. This magnetic field can then be stored indefinitely with minimal energy loss. When energy is needed, the magnetic field is released, inducing an electrical current in the coil that can be drawn from the system. SMES systems are known for their high efficiency, rapid response times, and ability to store large amounts of energy in relatively small footprints. They are used for a variety of applications, including grid stabilization, frequency regulation, uninterruptible power supplies, and power quality improvement. While SMES systems offer several advantages, including high efficiency and long cycle life, they are also limited by factors such as high initial costs, complex cryogenic cooling requirements, and relatively low energy densities compared to other energy storage technologies. Ongoing research aims to address these limitations and further optimize SMES systems for widespread deployment in modern energy systems.
The major global suppliers 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., Nexans SA, ASG Superconductors SpA, Luvata U.K., SuNam Co., Ltd., Superconductor Technologies Inc, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Superconducting Magnetic Energy Storage (SMES) Systems. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global Superconducting Magnetic Energy Storage (SMES) Systems market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Superconducting Magnetic Energy Storage (SMES) Systems market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Superconducting Magnetic Energy Storage (SMES) Systems industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Suppliers 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.
Nexans SA
ASG Superconductors SpA
Luvata U.K.
SuNam Co., Ltd.
Superconductor Technologies Inc
Superconducting Magnetic Energy Storage (SMES) Systems Product Segment Include:
Low Temperature SMES
High Temperature SMES
Superconducting Magnetic Energy Storage (SMES) Systems Product Application Include:
Power System
Industrial Use
Research Institution
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Superconducting Magnetic Energy Storage (SMES) Systems Industry PESTEL Analysis
Chapter 3: Global Superconducting Magnetic Energy Storage (SMES) Systems Industry Porter's Five Forces Analysis
Chapter 4: Global Superconducting Magnetic Energy Storage (SMES) Systems Major Regional Market Size (Revenue) and Forecast Analysis
Chapter 5: Global Superconducting Magnetic Energy Storage (SMES) Systems Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 6: Global Superconducting Magnetic Energy Storage (SMES) Systems Revenue and Forecast Analysis by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 8: Industrial Chain Analysis, Superconducting Magnetic Energy Storage (SMES) Systems Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Superconducting Magnetic Energy Storage (SMES) Systems Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Superconducting Magnetic Energy Storage (SMES) Systems Product by Type
- 1.2.1 Low Temperature SMES
- 1.2.2 High Temperature SMES
- 1.3 Superconducting Magnetic Energy Storage (SMES) Systems Product by Application
- 1.3.1 Power System
- 1.3.2 Industrial Use
- 1.3.3 Research Institution
- 1.3.4 Others
- 1.4 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Size Analysis (2020-2032)
- 1.5 Superconducting Magnetic Energy Storage (SMES) Systems Market Development Status and Trends
- 1.5.1 Superconducting Magnetic Energy Storage (SMES) Systems Industry Development Status Analysis
- 1.5.2 Superconducting Magnetic Energy Storage (SMES) Systems Industry Development Trends Analysis
- 2 Superconducting Magnetic Energy Storage (SMES) Systems Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Superconducting Magnetic Energy Storage (SMES) Systems Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Analysis by Country
- 4.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Revenue Analysis by Country (2020-2025)
- 4.1.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Revenue Forecast Analysis by Country (2026-2032)
- 4.2 United States Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.3 Germany Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.4 Japan Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.5 China Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.6 France Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.7 U.K. Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.8 South Korea Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.9 Canada Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.10 Italy Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.11 Russia Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.12 Mexico Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.13 Brazil Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.14 India Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.15 Vietnam Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.16 Thailand Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 4.17 South Africa Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue and Growth Rate (2020-2032)
- 5 Competition by Suppliers
- 5.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Revenue by Key Suppliers (2021-2025)
- 5.2 Superconducting Magnetic Energy Storage (SMES) Systems Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Superconducting Magnetic Energy Storage (SMES) Systems Competitive Landscape Analysis
- 5.2.2 Global Key Suppliers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Superconducting Magnetic Energy Storage (SMES) Systems Market Analysis by Type
- 6.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Size Analysis by Type: 2024 VS 2025 VS 2032
- 6.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Revenue and Forecast Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 American Superconductor Corporation
- 7.1.1 American Superconductor Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 American Superconductor Corporation Superconducting Magnetic Energy Storage (SMES) Systems Product Portfolio
- 7.1.3 American Superconductor Corporation Superconducting Magnetic Energy Storage (SMES) Systems Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.2 Super Power Inc
- 7.2.1 Super Power Inc Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Super Power Inc Superconducting Magnetic Energy Storage (SMES) Systems Product Portfolio
- 7.2.3 Super Power Inc Superconducting Magnetic Energy Storage (SMES) Systems Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.3 Bruker Energy & Supercon Technologies
- 7.3.1 Bruker Energy & Supercon Technologies Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Bruker Energy & Supercon Technologies Superconducting Magnetic Energy Storage (SMES) Systems Product Portfolio
- 7.3.3 Bruker Energy & Supercon Technologies Superconducting Magnetic Energy Storage (SMES) Systems Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.4 Fujikura
- 7.4.1 Fujikura Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Fujikura Superconducting Magnetic Energy Storage (SMES) Systems Product Portfolio
- 7.4.3 Fujikura Superconducting Magnetic Energy Storage (SMES) Systems Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.5 Hyper Tech Research
- 7.5.1 Hyper Tech Research Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Hyper Tech Research Superconducting Magnetic Energy Storage (SMES) Systems Product Portfolio
- 7.5.3 Hyper Tech Research Superconducting Magnetic Energy Storage (SMES) Systems Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.6 Southwire Company US
- 7.6.1 Southwire Company US Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Southwire Company US Superconducting Magnetic Energy Storage (SMES) Systems Product Portfolio
- 7.6.3 Southwire Company US Superconducting Magnetic Energy Storage (SMES) Systems Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.7 Sumitomo Electric Industries, Ltd
- 7.7.1 Sumitomo Electric Industries, Ltd Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Sumitomo Electric Industries, Ltd Superconducting Magnetic Energy Storage (SMES) Systems Product Portfolio
- 7.7.3 Sumitomo Electric Industries, Ltd Superconducting Magnetic Energy Storage (SMES) Systems Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.8 General Cable Superconductors Ltd.
- 7.8.1 General Cable Superconductors Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 General Cable Superconductors Ltd. Superconducting Magnetic Energy Storage (SMES) Systems Product Portfolio
- 7.8.3 General Cable Superconductors Ltd. Superconducting Magnetic Energy Storage (SMES) Systems Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.9 Nexans SA
- 7.9.1 Nexans SA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Nexans SA Superconducting Magnetic Energy Storage (SMES) Systems Product Portfolio
- 7.9.3 Nexans SA Superconducting Magnetic Energy Storage (SMES) Systems Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.10 ASG Superconductors SpA
- 7.10.1 ASG Superconductors SpA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 ASG Superconductors SpA Superconducting Magnetic Energy Storage (SMES) Systems Product Portfolio
- 7.10.3 ASG Superconductors SpA Superconducting Magnetic Energy Storage (SMES) Systems Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.11 Luvata U.K.
- 7.11.1 Luvata U.K. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 Luvata U.K. Superconducting Magnetic Energy Storage (SMES) Systems Product Portfolio
- 7.11.3 Luvata U.K. Superconducting Magnetic Energy Storage (SMES) Systems Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.12 SuNam Co., Ltd.
- 7.12.1 SuNam Co., Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.12.2 SuNam Co., Ltd. Superconducting Magnetic Energy Storage (SMES) Systems Product Portfolio
- 7.12.3 SuNam Co., Ltd. Superconducting Magnetic Energy Storage (SMES) Systems Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.13 Superconductor Technologies Inc
- 7.13.1 Superconductor Technologies Inc Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.13.2 Superconductor Technologies Inc Superconducting Magnetic Energy Storage (SMES) Systems Product Portfolio
- 7.13.3 Superconductor Technologies Inc Superconducting Magnetic Energy Storage (SMES) Systems Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 8 Industry Chain Analysis
- 8.1 Superconducting Magnetic Energy Storage (SMES) Systems Industry Chain Analysis
- 8.2 Superconducting Magnetic Energy Storage (SMES) Systems Product Downstream Application Analysis
- 8.2.1 Global Superconducting Magnetic Energy Storage (SMES) Systems Market Size and Growth Rate (CAGR) by Application: 2024 VS 2025 VS 2032
- 8.2.2 Global Superconducting Magnetic Energy Storage (SMES) Systems Revenue and Forecast by Application (2020-2032)
- 8.3 Superconducting Magnetic Energy Storage (SMES) Systems Typical Downstream Customers
- 8.4 Superconducting Magnetic Energy Storage (SMES) Systems Sales Channel Analysis
- 9 Research Findings and Conclusion
- 10 Methodology and Data Source
- 10.1 Methodology/Research Approach
- 10.2 Research Scope
- 10.3 Benchmarks and Assumptions
- 10.4 Date Source
- 10.4.1 Primary Sources
- 10.4.2 Secondary Sources
- 10.5 Data Cross Validation
- 10.6 Disclaimer
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