A compact superconducting magnetic energy storage system (SMES) produced by Si micro fabrication technologies has been proposed to improve electricity storage volume density, w, in the sub-Wh/L range of conventional SMESs and to produce them at a low cost by mass production. In parallel with the experimental development reported previously, a series of trials was performed to estimate a feasible value of w based on the calculation of the magnetic field generated by the compact SMES by improving the calculation models step by step. In this work, the experimentally obtained magnetic flux density dependence of superconductive critical current density was taken into consideration for the first time in this series of trials, together with the additional improvement of the calculation models. The results of the estimation indicated that a compact SMES produced by the proposed concept can attain a w in the Wh/L range or more, ranking with or surpassing that of presently used capacitors.