Jul 4, 2017   SOURCE: PR NewsWire

Global Superconducting Magnetic Energy Storage (SMES) Systems Market Business Report 2017-2024

DUBLIN, July 04, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Superconducting Magnetic Energy Storage (SMES) Systems - Global Strategic Business Report" report to their offering.

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The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets.

This report analyzes the worldwide markets for Superconducting Magnetic Energy Storage (SMES) Systems in US$ Thousand. Market data and analytics are derived from primary and secondary research.

Company profiles are primarily based on public domain information including company URLs.

The report profiles 22 companies including many key and niche players such as: 

    --  ABB, Inc. (USA)
    --  American Superconductor Corporation (USA)
    --  ASG Superconductors SpA (Italy)
    --  Columbus Superconductors SpA (Italy)
    --  Babcock Noell GmbH (Germany)
    --  Beijing Innopower Superconductor Cable Co., Ltd (China)
    --  Bruker Energy & Supercon Technologies (USA)
    --  Fujikura Ltd. (Japan)
    --  Hyper Tech Research, Inc. (USA)
    --  Luvata U.K. Ltd (UK)
    --  Nexans SA (France)
    --  Southwire Company, LLC (USA)
    --  Sumitomo Electric Industries, Ltd (Japan)
    --  Superconductor Technologies, Inc. (USA)
    --  SuperPower, Inc. (USA)
    --  SuNam Co., Ltd. (South Korea)

Key Topics Covered:

1. INDUSTRY OVERVIEW
Why Energy Storage?
SMES: A Promising Energy Storage Technology
Asia-Pacific Spearheads Growth in the Global SMES Systems Market
How Significant is SMES for Power Utilities?
Effect of Energy Storage System Integration in Power Grid at Different Levels
Focus on Green Energy Storage Bodes Well for SMES Systems
Development of Superconducting Materials: Essential for Market's Progress
R&D Efforts Focused on Addressing Cost Issues & Storage Capacity in SMES Systems
Rapid Charging & Discharging and Minimal Energy Losses: Major Advantages
Growing Need to Develop SMES Systems with Larger Power Storage Capacities
Growing Deployment of Smart Grids
An Opportunity for SMES Systems Market
High Cost: A Major Obstacle to Adoption in Large-Scale Applications
Challenges Faced in Deployment of SMES Systems
Competitive Landscape

2. MARKET TRENDS & ISSUES
Focus on Sustainable Power Sourcing Enhances Significance of Energy Storage
Percentage of Electricity Production from Renewable Energy Sources by Country (includes corresponding Graph/Chart)
Why Energy Storage Can Be a Game Changer for Renewable Energy?
Focus on Energy Efficiency to Drive Prospects for Energy Storage
Rising Renewable Energy Consumption to Drive Energy Storage Market
Assessing the Significance of Storage Technologies in Distributed Generation
The Business Case for Installing Energy Storage Systems in DERs
Microgrids
Driving Energy Storage in the Future

3. ENERGY STORAGE SYSTEMS - AN OVERVIEW
Power Grid: From Generation to Distribution
World Electricity Generation & Demand: A Review
Introduction to Grid Energy Storage
Types of Energy Storage Systems
A Comparative Review of Energy Storage Devices
Characteristics of Energy Storage Technologies
Applications of Various Energy Storage Technologies
Super Capacitor Energy Storage (SCES)
Compressed Air Energy Storage System (CAES)
Flywheel Energy Storage System (FESS)
Pumped Hydro Energy Storage Systems (PHESS)
Battery Energy Storage Systems (BESS)
Major Functions of Energy Storage Technologies

4. PRODUCT OVERVIEW
Superconducting Magnetic Energy Storage (SMES) System: An Introduction
Components of SMES System
Block Diagram of SMES System
Representation of a Superconducting Magnetic Energy Storage (SMES) System
Superconducting Coil
High-Temperature Vs Low-Temperature Superconductors
Why HTSC System Costs More?
Cryogenic Refrigerator
Power Conversion System
Control System
Operation of SMES
Performance Capabilities of SMES
Solenoid Vs Toroid
A Glance at Major Applications of SMES Systems
Power System Applications of SMES Technology
Cost Components of SMES System
Advantages of SMES Vs Other Systems for Energy Storage
System Stability
Power Quality
Load leveling
Drawbacks of SMES
Economic Viability of SMES Systems
Current Efforts in SMES Space
U.S. Department of Energy (DOE)'s ARPA-E Program
Use of SMES Technology in Defense & Space Applications

5. RECENT INDUSTRY ACTIVITY
Rolls Royce Develops SMES Device
BEST Acquires Oxford Instruments Superconducting Wire
SuperPower Establishes Testing Systems for 2G High Temperature Supeconductors
Superconductor Technologies Develops Conductus® Superconducting Wire
SuperPower Unveils Range of HTS Products
Bruker Launches Ascend Aeon 600 MHz and Ascend Aeon 700 MHz Superconducting Magnet Systems
SuperPower in Collaboration with Program Partners Make Headway in SMES Projects
Fujikura Develops Largest Yttrium-based 5T HTS Magnet

6. FOCUS ON SELECT PLAYERS

7. GLOBAL MARKET PERSPECTIVE

For more information about this report visit https://www.researchandmarkets.com/research/7xsmqc/superconducting

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Research and Markets
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SOURCE Research and Markets