As an effective short-circuit current limiting device, the superconducting current limiter can quickly limit the short-circuit current to an acceptable level when a short-circuit fault occurs, thereby avoiding the safe and stable operation of the power grid and electrical equipment due to the large short-circuit current in the power grid It constitutes a major hazard, can greatly improve the stability of the power grid, and improve the reliability and safety of power supply.

According to Researcher's new survey, global Superconducting Current Limiters market is projected to reach US$ 6868.5 million in 2029, increasing from US$ 3945 million in 2022, with the CAGR of 8.5% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Superconducting Current Limiters market research.

The market driver for Superconducting Current Limiters (SCL) is the increasing demand for advanced power grid solutions that enhance grid stability, reliability, and efficiency. Superconducting current limiters are innovative devices that offer several benefits, contributing to their growing adoption in the power sector. The following factors drive the demand for superconducting current limiters:

Grid Stability Enhancement: Superconducting current limiters help stabilize power grids by rapidly and effectively limiting fault currents during short-circuit events. By preventing fault currents from reaching high levels, these limiters mitigate grid disturbances and reduce the risk of widespread blackouts.

Fault Current Management: In modern power grids with high penetration of renewable energy sources and distributed generation, fault currents can become more challenging to manage. Superconducting current limiters provide an efficient means to control and manage these fault currents, ensuring grid stability under varying conditions.

Improved Grid Resilience: Superconducting current limiters enhance grid resilience by minimizing the impact of disturbances, such as faults or sudden changes in power demand. They allow for faster recovery and restoration of power after grid disturbances, reducing downtime and service interruptions.

Enhanced Power Quality: SCLs contribute to improved power quality by maintaining stable grid conditions and preventing voltage fluctuations during fault events. This ensures a steady and reliable power supply to end consumers.

Integration of Renewable Energy: Superconducting current limiters are valuable in integrating renewable energy sources like solar and wind into the power grid. They facilitate smooth grid integration by managing the variability and intermittency of renewable generation.

Smart Grid Applications: As power grids evolve into smart grids with advanced control and communication systems, superconducting current limiters offer a responsive and adaptive solution to maintain grid stability and reliability.

Efficient Asset Protection: Superconducting current limiters help protect expensive grid assets, such as transformers and switchgear, from damage caused by fault currents. By limiting current surges, these devices extend the operational life of critical grid infrastructure.

Reduced Capital Investment: The implementation of superconducting current limiters can reduce the need for overdimensioned grid components to handle fault currents, resulting in cost savings and optimized grid design.

Grid Modernization Initiatives: Governments and utilities worldwide are investing in grid modernization to improve efficiency and accommodate changing energy patterns. Superconducting current limiters align with these initiatives, offering an innovative solution for modern grid challenges.

Energy Conservation and Environmental Benefits: By limiting fault currents, superconducting current limiters contribute to energy conservation and reduce the environmental impact of power grid disturbances.

Report Scope

This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Superconducting Current Limiters market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.


By Company


ABB

Siemens

Nexans

Toshiba

AMSC

Superconductor Technologies

Zenergy Power

Northern Powergrid

Superpower (Furukawa)

Applied Materials

Bruker

Schneider

Tianjin Benefo Tejing Electric

Shanghai Superconducting Technology

ZTT


Segment by Type


DC Superconducting Current Limiters

AC Superconducting Current Limiters


Segment by Application


Power Station

Substation

Others


Production by Region



North America

Europe

China

Japan


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

The Superconducting Current Limiters report covers below items:

Chapter 1: Product Basic Information (Definition, type and application)

Chapter 2: Manufacturers’ Competition Patterns

Chapter 3: Production Region Distribution and Analysis

Chapter 4: Country Level Sales Analysis

Chapter 5: Product Type Analysis

Chapter 6: Product Application Analysis

Chapter 7: Manufacturers’ Outline

Chapter 8: Industry Chain, Market Channel and Customer Analysis

Chapter 9: Market Opportunities and Challenges

Chapter 10: Market Conclusions

Chapter 11: Research Methodology and Data Source