Superconducting Wire Market By Type Analysis (Low and Medium Temperature Superconductors, High Temperature Superconductors); By Application Analysis (Energy, Medical, Research, Industry) and By Regional Analysis – Global Forecast by 2022 - 2027
The Superconducting Wire Market is expected to be around US$ 2 Billion by 2027 at a CAGR of 9.5% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
9
REPORT DESCRIPTION
Superconducting wire will be wire made of superconductors. At the point when cooled underneath its move temperature, it has zero electrical resistance. Most ordinarily, routine superconductors, for example, niobium-titanium are used, however high-Tc superconductors, for example, YBCO are entering the market. Superconducting wire's favorable circumstances over copper or aluminum incorporate higher most extreme current densities and zero power dissemination. Its drawbacks incorporate the cost of refrigeration of the wires to superconducting temperatures (regularly requiring cryogens, for example, fluid helium or fluid nitrogen), the peril of the wire extinguishing (a sudden loss of superconductivity), the mediocre mechanical properties of some superconductors, and the cost of wire materials and construction. Its essential application is in superconducting magnets, which are utilized as a piece of intelligent and therapeutic equipment where high alluring fields are imperative.
How Big is the Global Superconducting Wire Market?
The Superconducting Wire Market is expected to be around US$ 2 Billion by 2027 at a CAGR of 9.5% in the given forecast period.
The Superconducting Wire Market is segmented on the lines of its type, application and regional. Based on application segmentation it covers energy, medical, research, industry others. Based on type segmentation it covers low and medium temperature superconductors, high temperature superconductors.The Superconducting Wire Marketon geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Superconducting Wire Market and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Superconducting Wire Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets on Superconducting Wire Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Fujikura Ltd. (Japan), American Superconductor Corporation (U.S.), Bruker Corporation (U.S.), Superconductor Technologies Inc. (U.S.), and Furukawa Electric Co., Ltd. (Japan). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Superconducting Wire Market has been segmented as below: (Accordingly)
By Type Analysis:
By Application Analysis:
By Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Superconducting Wire Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Superconducting Wire Market data.
4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.3 Market Breakdown & Data Triangulation
2.4 Assumptions & Limitations
2.4.1 Assumptions
3 Executive Summary
3.1 Introduction
3.2 Current Scenario
3.3 Future Outlook
3.4 Conclusion
4 Premium Insights
4.1 Superconducting Wire: Regional Growth Rate (2018-2024)
4.2 Superconducting Wire Market, By End-User
4.3 Europe Superconducting Wire Market
5 Market Overview
5.1 Introduction
5.2 Recent Discoveries in High-Temperature Superconductors
5.3 Superconducting Wire: Market Segmentation
5.3.1 By Application
5.3.2 By Region
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Synergies of H.V. Transmission Application and High Efficiencies
5.4.1.2 Growing Demand for Superconductor Based Mri System
5.4.1.3 Advancement in Computer Chip Designing Technology Leading to Higher Demand for Superconductors
5.4.2 Restraints
5.4.2.1 High Operating Expenses at Low Voltage (Power Distribution)
5.4.2.2 Lack of Acceptance With Respect to Reliability
5.4.3 Opportunities
5.4.3.1 High Growth Opportunities in Transportation, Medical, Industrial Processing, Research, and Electronics & Communication
5.4.4 Challenges
5.4.4.1 High Manufacturing Cost for Superconductors
5.4.4.2 Lack of Standard Testing Facility
5.4.4.3 Superconductor: Demand Supply Mismatch
5.5 Supply Chain
5.5.1 Raw Material Suppliers
5.5.2 Superconductor Manufacturers
5.5.3 Original Equipment Manufacturers
5.5.4 End-Use Application
6 Superconducting Wire Market, By Type
6.1 Introduction
6.2 LT Superconductor & MT Superconductor
6.3 HT Superconductor
6.3.1 First Generation HT Superconducting Wire Market
6.3.2 Second Generation HT Superconducting Wire Market
7 Superconducting Wire Market, By Application
7.1 Introduction
7.2 Energy
7.3 Medical
7.4 Research
7.5 Industry
7.6 Others
8 Superconducting Wire Market, By Region
8.1 Introduction
8.2 Europe
8.2.1 By Type
8.2.2 By Application
8.2.3 By Country
8.2.3.1 Germany
8.2.3.2 U.K.
8.2.3.3 Russia
8.2.3.4 France
8.2.3.5 Switzerland
8.2.3.6 Rest of Europe
8.3 North America
8.3.1 By Type
8.3.2 By Application
8.3.3 By Country
8.3.3.1 U.S.
8.3.3.2 Canada
8.4 Asia-Pacific
8.4.1 By Type
8.4.2 By Application
8.4.3 By Country
8.4.3.1 China
8.4.3.2 Australia
8.4.3.3 Japan
8.4.3.4 New Zealand
8.4.3.5 South Korea
9 Competitive Landscape
9.1 Overview
9.2 Competitive Situation & Trends
9.3 Contracts & Agreements
9.4 Expansions
9.5 New Product & Technology Launch
9.6 Mergers & Acquisitions
9.7 Other Developments
10 Company Profiles
10.1 Introduction
10.2 American Superconductor Corporation
10.3 Bruker Corporation
10.4 Fujikura Ltd.
10.5 Furukawa Electric Co., Ltd.
10.6 Superconductor Technologies Inc.
10.7 Japan Superconductor Technology, Inc.
10.8 Sumitomo Electric Industries, Ltd.
10.9 Supercon Inc.
10.10 Superox
10.11 Theva Dünnschichttechnik GmbH
By Type Analysis:
By Application Analysis:
By Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
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