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Superconductor Market Growth Analysis by Company: Toyo, Kohan, NSSMC, Tata steel, JFE, TCC Steel, ORG, Lienchy, ThyssenKrupp Steel, Guangyu, Gerui Group, Metalcolour, Leicong, Arena Metal and More
Over the next five years, the research study projects that Superconductor market will register a 0.6% CAGR in terms of revenue, reach US$ 1730 million by 2023, from US$ 1680 million in 2017.Superconductor production has high technology barrier and is technology intensive industry. Currently, there are several producing companies in the world superconductor industry. The main market players are Luvata, Oxford, Bruker, AMSC, SuperPower and JASTEC. The production of superconductor will increase to 393704 Km in 2016 from 258537 Km in 2011 with an average growth rate of about 8.80%. Global superconductor capacity utilization rate remained at around 66.44% in 2015.
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In consumption market, the global sales value increases with the 8.50% average growth rate. Europe and USA are the mainly consumption regions due to the bigger demand of downstream applications.
Superconductor has two types, which include low temperature superconductor and high temperature superconductor. And each type has application industries relatively. With the energy conservation advantage of superconductor, the downstream application industries will need more superconductor products. So, superconductor has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high temperature superconductor through researching advanced materials and technology.
The major raw materials for superconductor are titanium metal, bismuth metal, yttrium metal, etc. Fluctuations in the price of the upstream product will impact on the production cost of superconductor, and then impact the price of Superconductor.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation trend according to the economy development status. Also, there will be fluctuation in gross margin.
This report presents a comprehensive overview, market shares, and growth opportunities of Superconductor market by product type, application, key manufacturers and key regions.
To calculate the market size, the research study considers value and volume generated from the sales of the following segments. The segmentation by product type are LTS and HTS. The segmentation by application are MRI, NMR, Electrical Equipment and others.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report such as Luvata, Oxford, Bruker, AMSC, SuperPower, JASTEC, SEI, Fujikura, SuNam, Western Superconducting, Innost and Samri.
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Related Report:
2018-2023 Global High Temperature Superconductor Consumption Market Report
Over the next five years, the research study projects that High Temperature Superconductor will register a 1.5% CAGR in terms of revenue, reach US$ 520 million by 2023, from US$ 470 million in 2017.
High temperature superconductor has two types, which include 1G HTS and 2G HTS. With the energy conservation advantage of high temperature superconductor, the downstream application industries will need more superconductor products. So, high temperature superconductor has a huge market potential in the future.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report such as AMSC, SuperPower, MetOx, STI, Bruker, Oxford Instruments, Fujikura, SEI, SuNam, SHSC, Samri and Innost.
Read More: https://www.researchbeam.com/2018-2023-global-high-temperature-superconductor-consumption-report-market?utm_source=RR-OPR&utm_medium=CC
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