Top 5 Vendors in the Global Superconducting Magnetic Energy Storage Market from 2017-2021: Technavio
Technavio
has announced the top five leading vendors in their recent global
superconducting magnetic energy storage market report
until 2021. This research report also lists seven other prominent
vendors that are expected to impact the market during the forecast
period.
This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170530006415/en/
Technavio has published a new report on the global superconducting magnetic energy storage market from 2017-2021. (Graphic: Business Wire)
The research study by Technavio on the global
superconducting magnetic energy storage market for 2017-2021
provides a detailed industry analysis based on the geography, including
APAC, the Americas, and EMEA).
“The global superconducting magnetic energy storage market is
projected to grow to nearly USD 67 million by 2021, at a CAGR of more
than 6% over the forecast period. The rising need for energy storage as
distributed generation is a key factor driving the growth of the market,”
says Thanikachalam Chandrasekaran, a lead analyst at Technavio for energy
storage research.
Competitive vendor landscape
The global superconducting magnetic storage market is in its infant
stage, with plenty of untapped opportunities available to the market
vendors. The prospects of the market rely heavily on the advances in
technology and the course of business decisions taken by the players in
the market. Analysts at Technavio expect the market to grow with the
rise in demand for energy-efficient technologies. Therefore, vendors in
the market are expected to innovate and enhance their technologies to
meet the demand, intensifying the competition in the market.
This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing
Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.
Top five vendors in the global superconducting magnetic energy
storage market
AMERICAN SUPERCONDUCTOR
AMERICAN SUPERCONDUCTOR generates ideas, technologies, and solutions to
meet the world's demand for better, cleaner, and smarter energy. The
company has two verticals, namely WINDTEC Solutions and GRIDTEC
Solutions.
Bruker
Bruker offers a broad range of applications in all fields of development
and research and is used in all industrial production procedures to
ensure process reliability and quality. The company is one of the
world's leading analytical instrumentation companies.
Southwire
Southwire produces half of the cable used to distribute and transmit
power throughout the US. More than half of the world’s refined copper
passes through an SCR system. Its wire plays a key role in the
manufacturing of other products such as electrical motors, automotive
wiring harnesses, and insect screening.
Sumitomo Electric Industries
Sumitomo Electric Industries has the expertise in copper wire
production. The company introduced numerous products to ease the
electricity production and distribution. While working on the copper
wires, the company achieved a breakthrough in superconducting wires and
superconductor wires.
SuperPower
SuperPower, a subsidiary of Furukawa Electric, uses core capabilities in
cryogenics and magnetics materials to enable the development of electric
power components through the second-generation high temperature
superconducting (2G HTS) technology.
Browse Related Reports:
Become a Technavio
Insights member and access all three of these reports for a
fraction of their original cost. As a Technavio Insights member, you
will have immediate access to new reports as they’re published in
addition to all 6,000+ existing reports covering segments like oil
and gas, power,
and smart
grid. This subscription nets you thousands in savings, while
staying connected to Technavio’s constant transforming research library,
helping you make informed business decisions more efficiently.
About Technavio
Technavio
is leading global technology research and advisory company. The company
develops over 2000 pieces of research every year, covering more than 500
technologies across 80 countries. Technavio has about 300 analysts
globally who specialize in customized consulting and business research
assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
resellers, and end-users.
If you are interested in more information, please contact our media team
at media@technavio.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170530006415/en/
Copyright Business Wire 2017