Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Superconducting Magnetic Energy Storage market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Superconducting
Magnetic Energy Storage market. The research
also emphasizes on the impact of restraints, drivers, and macro indicators on
the regional and global Superconducting Magnetic Energy Storage
market over the short as well as long period of
time. A detailed presentation of forecast, trends, and dollar values of global Superconducting
Magnetic Energy Storage market is offered. In
accordance with the report, the global Superconducting Magnetic Energy
Storage market is projected to
expand at a CAGR of 5% over the period
of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Superconducting
Magnetic Energy Storage (SMES) is a system that stores power in the form of
magnetic field that is produced by the flowing current in the superconducting
coil. A SMES system consists of the following three parts power conditioning
system, cryogenically cooled refrigerator and superconducting coil. The
magnetic energy is stored after the superconducting coil is charged. The coil
is then discharged to release the energy back to the network. The SMES system
loses the least amount of electricity during the energy storage process in
comparison to other process of storing energy.
SMES are
generally used for short duration of energy storage due to high cost of
superconducting wires and requirements of energy for refrigeration. As a result
of which SMES are largely used for enhancing power quality. The advantage of
using SMES is the short time delay during discharge and charge. The other
advantage is less loss of power in comparison to other energy storage methods.
This is because electric currents meet almost zero resistance. The factors
affecting the growth of the SMES is the superconductor material and the
manufacturing cost of the system.
Segment Covered:
This market
intelligence report on the global Superconducting Magnetic Energy Storage market
encompasses market segments based on application, type and geography. On the
basis of application, the sub-market is segmented into power system, research
institution, industrial use, and others. In terms of type, the global Superconducting Magnetic Energy Storage
market has been segregated into low temperature and high temperature. By
Geography, the global Superconducting Magnetic Energy Storage market has been
divided into North America (the U.S., Canada), Latin America (Brazil, Mexico,
Argentina and other countries), Europe (Germany, France, the U.K., Spain,
Italy, Russia, and other countries), Asia Pacific (India, Japan, China,
Australia and New Zealand and other countries), Middle East and Africa (GCC,
South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as American Superconductor Corporation, GE
Corporation, Columbus Superconductors SpA,Nexans SA, Sumitomo Electric
Industries and SuperPower, Inc and others have been profiled into detail so as
to offer a glimpse of the market leaders. Moreover, parameters such as Superconducting
Magnetic Energy Storage related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2017-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Superconducting
Magnetic Energy Storage market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2019 – 2027, taking into account 2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Superconducting Magnetic Energy Storage market
is done by taking into account various parameters
such as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as American
Superconductor Corporation, GE Corporation, Columbus Superconductors SpA,Nexans
SA, Sumitomo Electric Industries and SuperPower, Inc. and among others
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technicalup gradation
Ø
The world
market forSuperconducting Magnetic Energy Storage caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Superconducting
Magnetic Energy Storage market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Superconducting Magnetic Energy Storage market
v
Identification
of key factors driving investment opportunities in the Superconducting
Magnetic Energy Storage market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key partners
and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants