Super Conducting Wires Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
For the purpose of this market research report, Super Conducting Wires are defined as a wire that when cooled below its transition temperature offers no electrical resistance. It is made from superconducting materials like niobium-titanium and is in a filament form or on a flat metal substrate encapsulated in a copper or aluminium matrix that carries the current if the temperature rises above the critical temperature.There are various types of Super Conducting Wires which provide unparalleled critical current capacity in comparison to traditional wires, higher in-field performance, increased power capacity and efficiency, and the ability to perform well in strong magnetic fields.
Superconducting Wires Market Growth and Trends
Superconducting Wires Market Regional Analysis
Thriving demand for MRI systems equipped with superconducting wires and pacing advancement in technology is estimated to propel the growth of the super conducting wires globally. North America is projected to witness ranging domination over the super-conducting wires market globally with the active functioning of prominent players in superconductivity. The Asia Pacific region is expected to peck a high order of growth in the market with rising demand for HT superconductor segment amongst the consumers. Europe is projected to witness a giant growth in the market with increasing demand for superconducting wires for its multiple applications in the energy, medical, and industrial sectors. The Middle Eastern region is expected to emerge in the market as a thriving regional sector owing to strict energy efficiency standards in the region.
Superconducting Wires Market Share and Competition
Key companies operating in this industry are: American Superconductor Corporation, Sumitomo Electric Industries, Bruker Corporation, Fujikura Ltd, Superconductor Technologies Inc, Nexans, Furukawa Electric, Supercon Inc, Western Superconducting Technologies and Metal Oxide Technologies.
Superconducting Wires Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Low and Medium Temperature
• High Temperature
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Energy
• Medical
• Electronics Industry
• Aerospace & Defense
• Other
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Superconducting Wires Market Companies
• American Superconductor Corporation
• Sumitomo Electric Industries
• Bruker Corporation
• Fujikura Ltd
• Superconductor Technologies Inc
• Nexans
• Furukawa Electric
• Supercon Inc
• Western Superconducting Technologies
• Metal Oxide Technologies
Available Versions:-
United States Superconducting Wires Market Research Report
Europe Superconducting Wires Market Research Report
Asia Pacific Superconducting Wires Market Research Report
India Superconducting Wires Market Research Report
