Superconducting Magnets Market - Technological Developments and Innovations is Expected to Fuel the Growth of the Global Superconducting Magnets Market in the Coming Years

This study researches the market size of Superconducting Magnets in United States, European Union and China, presents the Superconducting Magnets production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.

A superconducting magnet is an electromagnet made from coils of superconducting wire. They must be cooled to cryogenic temperatures during operation. In its superconducting state the wire has no electrical resistance and therefore can conduct much larger electric currents than ordinary wire, creating intense magnetic fields. Superconducting magnets can produce greater magnetic fields than all but the strongest non-superconducting electromagnets and can be cheaper to operate because no energy is dissipated as heat in the windings. They are used in MRI machines in hospitals, and in scientific equipment such as NMR spectrometers, mass spectrometers, fusion reactors and particle accelerators.

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The global market for superconducting magnets is predicted to witness a progressive growth in the next few years. The growing demand from the medical devices market is one of the key factors that are likely to encourage the growth of the market in the next few years. In addition, the rising number of applications in the healthcare sector, such as magnetic resonance imaging is expected to generate promising opportunities for market players operating in the global superconducting magnets market in the near future.

On the other hand, the global market for superconducting magnets is presently at a nascent stage, owing to which there are several challenges that are being faced by the players. Moreover, the lack of knowledge regarding this technology and products in developing economies is likely to restrict the growth of the overall market throughout the forecast period. Nevertheless, the increasing focus of key players on technological developments and innovations is expected to fuel the growth of the global superconducting magnets market in the coming few years.

In 2018, the market size of Superconducting Magnets is xx million US$ and it will reach xx million US in 2025, growing at a CAGR of xx% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.

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In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Superconducting Magnets.

In United States, European Union and China market, the following companies are covered:

Columbus Superconductors

Agilent Technologies

American Magnetics

Bruker

Oxford Instruments

...

Market Segment by Product Type

Medical Devices & Equipment

Mass Spectrometers

Particle Accelerators

Separation Process and Nuclear Magnetic

Market Segment by Application

Oil Industry

Gas Industry

Others

Key Regions split in this report:

United States

China

European Union

Rest of World (Japan, Korea, India and Southeast Asia)

The study objectives are:

To analyze and research the Superconducting Magnets status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.

To present the key Superconducting Magnets manufacturers, presenting the sales, revenue, market share, and recent development for key players.

To split the breakdown data by regions, type, companies and applications

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

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