Superconducting Magnetic Energy Storage (SMES) Systems

Superconducting Magnetic Energy Storage (SMES) Systems

Global Superconducting Magnetic Energy Storage (SMES) Systems Market to Reach US$102.4 Billion by 2030

The global market for Superconducting Magnetic Energy Storage (SMES) Systems estimated at US$59.4 Billion in the year 2023, is expected to reach US$102.4 Billion by 2030, growing at a CAGR of 8.1% over the analysis period 2023-2030.

The U.S. Market is Estimated at US$16.1 Billion While China is Forecast to Grow at 11.6% CAGR

The Superconducting Magnetic Energy Storage (SMES) Systems market in the U.S. is estimated at US$16.1 Billion in the year 2023. 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 11.6% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.7% and 6.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.

Global Superconducting Magnetic Energy Storage (SMES) Systems Market - Key Trends and Drivers Summarized

Superconducting Magnetic Energy Storage (SMES) systems represent a sophisticated approach to energy storage that could significantly transform how energy is preserved and utilized globally. By storing energy in the magnetic field created by the flow of direct current (DC) through a coil made from superconducting materials, SMES systems harness the unique property of zero electrical resistance found in these materials. This allows for energy to be stored indefinitely without loss, providing a highly efficient means of energy conservation. The system operates by converting alternating current (AC) from an external source to DC, which energizes the superconducting coil, generating a robust electromagnetic field that acts as the storage medium. Maintaining the superconducting state involves cooling the material below a critical temperature to ensure zero resistance and, consequently, no energy loss.

The high efficiency of SMES systems, with end-to-end efficiencies approaching 100%, marks a significant advantage over other energy storage options such as lithium-ion batteries or pumped hydroelectric systems, which typically show lower efficiencies. SMES systems stand out for their rapid response times, capable of quick charging and discharging that suits applications requiring precise power management. These characteristics make SMES particularly valuable in settings such as semiconductor manufacturing or medical facilities, where even slight improvements in energy efficiency can lead to substantial cost savings and operational enhancements. The ability of SMES systems to quickly release stored energy makes them an ideal solution for managing load imbalances and ensuring the stability of power grids, particularly when integrated with intermittent renewable energy sources like solar and wind.

Despite their potential, SMES systems face several challenges that hinder their widespread adoption. The high cost of superconducting materials and the complex infrastructure required for cryogenic cooling systems to maintain superconductivity contribute to significant initial investment and operational costs. Moreover, the scalability of SMES systems is currently limited by these high costs and the complex manufacturing processes required for the superconducting materials used. However, ongoing advancements in the development of high-temperature superconductors hold promise for reducing these costs and improving the feasibility of SMES systems for broader applications. If these materials can be engineered to function at higher temperatures and manufactured on a larger scale, SMES technology could revolutionize energy storage, contributing to a more sustainable and efficient global energy infrastructure. The growing demand for high-performance power management and the integration with renewable energy sources, along with supportive regulatory and government incentives, are poised to drive the growth and acceptance of SMES systems in the market.

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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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Global Economic Update
Superconducting Magnetic Energy Storage (SMES) Systems - Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Focus on Sustainable Power Sourcing Enhances Significance of Energy Storage
Grid Stability Applications Strengthen Business Case for SMES
Industrial Applications Drive Adoption of SMES Systems
Innovations in Superconducting Materials Spur Growth
Increasing Demand for High-Power Applications Accelerates Market Growth
Growing Investment in Smart Grid Infrastructure Drives Demand
Advances in Cryogenics Enhance System Efficiency and Adoption
Grid Modernization Initiatives Generate New Market Opportunities
Increased Focus on Energy Security Strengthens Market Position
Why Energy Storage Can Be a Game Changer for Renewable Energy
Focus on Energy Efficiency to Drive Prospects for Energy Storage
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Superconducting Magnetic Energy Storage (SMES) Systems Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
TABLE 2: 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 2023 through 2030 and % CAGR
TABLE 3: 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 2022 and % CAGR
TABLE 4: 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, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (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 2023 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 2022 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 2023 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 2022 and % CAGR
JAPAN
Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (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 2023 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 2022 and % CAGR
CHINA
Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (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 2023 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 2022 and % CAGR
EUROPE
Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (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 2023 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 2022 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, 2024 & 2030
FRANCE
Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (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 2023 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 2022 and % CAGR
GERMANY
Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (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 2023 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 2022 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 2023 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 2022 and % CAGR
UNITED KINGDOM
Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (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 2023 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 2022 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 2023 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 2022 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 2023 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 2022 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 2023 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 2022 and % CAGR
ASIA-PACIFIC
Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (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 2023 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 2022 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, 2024 & 2030
AUSTRALIA
Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (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 2023 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 2022 and % CAGR
INDIA
Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (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 2023 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 2022 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 2023 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 2022 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 2023 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 2022 and % CAGR
LATIN AMERICA
Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (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 2023 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 2022 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, 2024 & 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 2023 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 2022 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 2023 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 2022 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 2023 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 2022 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 2023 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 2022 and % CAGR
MIDDLE EAST
Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (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 2023 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 2022 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, 2024 & 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 2023 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 2022 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 2023 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 2022 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 2023 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 2022 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 2023 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 2022 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 2023 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 2022 and % CAGR
AFRICA
Superconducting Magnetic Energy Storage (SMES) Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (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 2023 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 2022 and % CAGR
IV. COMPETITION

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