Press release
Superconducting Wire Market 2019 Analysis by Current Industry Status & Growth Opportunities, Prominent Players - Fujikura Ltd., Furukawa Electric Co., Bruker Corp, Eaton, Sumitomo Electric Industries, Superox, Phoenix
Market HighlightsSuperconducting wires are made up of superconducting materials which when cooled below its transition temperature, has zero electrical resistance. High temperature superconducting wire is one of the major types of superconducting wires, widely used in various applications. High temperature wires are further segmented into first generation HTS wires and second generation HTS wires. First generation HTS wires operates at higher temperatures and address the problem of costly cryogenics, heavy reliance on silver as a raw material makes the wire relatively expensive. On the other hand, second generation HTS wires offers additional benefits such as critical current capacity, increased in-field performance, significant cost advantages, increased efficiency, and reduced size, among others.
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Prominent Players:
American Superconductor Corporation, Fujikura Ltd., Furukawa Electric Co., Ltd., Superconductor Technologies Inc., Bruker Corporation, Eaton, Sumitomo Electric Industries, Superox, Theva Dunnschichttechnik GmbH, Japan Superconductor, Phoenix Contact, and Fuji Electric
Segmental Analysis:
Global Superconducting Wire market has been segmented based on connectivity, type, application, and region.
By Type
• High Temperature Superconductors
• Low and Medium Temperature Superconductors
By Application
• Energy
• Medical
• Industry
• Research
By Regions
• North America
• Asia-Pacific
• Europe
• Rest of the World
Europe accounts for the largest market share whereas Asia-Pacific is the fastest growing region.
Region wise, Europe held the largest market share of the global superconducting wire market in 2017. It is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, mainly due to the rising investment in automation and advancement in computer chip designing technology. Moreover, Superconducting wires can be used for various applications including high field magnet applications and nuclear magnetic resonance (NMR) & magnetic resonance imaging (MRI) magnets. Also, computer chip designing technology of which superconducting wire is an integral part is also witnessing some major technological advancement.
Table Of Contents
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
3.3 Market Size Estimation
3.4 Forecast Model
3.5 List Of Assumptions
3.6 Limitations Of The Study
4 Market Insights
Continued……
List Of Tables
Table 1 Global Superconducting Wire Market, By Region, 2016-2023 (USD Million)
Table 2 North America Superconducting Wire Market, By Country, 2016-2023 (USD Million)
Table 3 Europe Superconducting Wire Market, By Country, 2016-2023 (USD Million)
Table 4 Asia-Pacific Superconducting Wire Market, By Country, 2016-2023 (USD Million)
Table 5 Rest Of The World Superconducting Wire Market, By Country, 2016-2023 (USD Million)
Table 6 Global Superconducting Wire Market, By Type, 2016-2023 (USD Million)
Table 7 North America Superconducting Wire Market, By Type, 2016-2023 (USD Million)
Table 8 Europe Superconducting Wire Market, By Type, 2016-2023 (USD Million)
Continued……
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The Superconducting Wires market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Superconducting Wires.
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Table of Contents:
Table of Contents
1 Study Coverage
1.1…