DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Superconducting Magnetic Energy Storage Market 2017-2021" report to their offering.
The analysts forecast the global superconducting magnetic energy storage market to grow at a CAGR of 6.37% during the period 2017-2021.
Global Superconducting Magnetic Energy Storage Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is increasing grid modernization. The aging power infrastructure, need for mitigation of cybersecurity risks, and the addition of new resources to the grid have compelled the electricity industry to look for ways to make the grid reliable, protect it against cybersecurity, and increase flexibility to make rapid changes according to supply and demand conditions.
One driver in the market is rise in use of renewable resources. Energy insecurities have led governments worldwide to focus on alternate sources of power for the future.
The rising concerns over carbon emissions from power plants have made it necessary to switch to gas-powered plants and renewable sources for electricity generation. A significant amount has been invested in the renewable sources for cleaner power generation, which has increased the year-over-year renewable installed capacity.
- American Superconductor
- Sumitomo Electric Industries
Other prominent vendors
- ASG Superconductors
- General Cable Technologies
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by geography
Part 07: Decision framework
Part 08: Drivers and challenges
Part 09: Market trends
Part 10: Vendor landscape
Part 11: Key vendor analysis
Part 12: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/jmh88l/global