Global Superconducting Magnetic Energy Storage (SMES) Systems Market Research Report 2024(Status and

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Report Studies

• The Global Superconducting Magnetic Energy Storage (SMES) Systems Market Size was estimated at USD 76.66 million in 2023 and is projected to reach USD 125.76 million by 2029, exhibiting a CAGR of 8.60% during the forecast period.

• Superconducting Magnetic Energy Storage (SMES) systems store energy in the magnetic field created by the flow of direct current in a superconducting coil which has been cryogenically cooled to a temperature below its superconducting critical temperature.

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