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With a CAGR of 1.5% High Temperature Superconductor Market will reach 520 million US$ in 2024

03-19-2019 10:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orian Research

High Temperature Superconductor Market

High Temperature Superconductor Market

High Temperature Superconductor Market studies materials that behave as superconductors at unusually high temperatures. The high temperature superconductors represent a new class of materials that bear extraordinary superconducting, magnetic properties and great potential for various technological applications.

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In consumption market, the global sales value increases with the 3.59% average growth rate. USA, Europe and Japan are the mainly consumption regions due to the bigger demand of downstream applications.

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 major raw materials for superconductor are copper, sliver, bismuth, yttrium, 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.

Global High Temperature Superconductor Market is spread across 115 pages, profiling 12 top companies and supported with tables and figures.

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High Temperature Superconductor Industry Segment by Manufacturers:
• AMSC
• SuperPower
• MetOx
• STI
• Bruker
• Oxford Instruments
• Fujikura
• SEI
• SuNam
• SHSC
• Samri
• Innost

And the price presents downward tendency according to the technology development and international competition. Also, there will be fluctuation in gross margin.

The worldwide market for High Temperature Superconductor is expected to grow at a CAGR of roughly 1.5% over the next five years, will reach 520 million US$ in 2024, from 470 million US$ in 2019, according to a new study.

This report focuses on the High Temperature Superconductor in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Market Segment by Types can be divided into:
• 1G HTS
• 2G HTS

Market Segment by Applications can be divided into:
• Power Cable
• Fault Current Limiter
• Transformer
• Others

Market Segment by Regions, regional analysis covers:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

About Us
Orian Research is one of the most comprehensive collections of market intelligence reports on the World Wide Web. Our reports repository boasts of over 500000+ industry and country research reports from over 100 top publishers. We continuously update our repository so as to provide our clients easy access to the world's most complete and current database of expert insights on global industries, companies, and products. We also specialize in custom research in situations where our syndicate research offerings do not meet the specific requirements of our esteemed clients.

Contact Us:
Ruwin Mendez
Vice President – Global Sales & Partner Relations
Orian Research Consultants
US +1 (415) 830-3727 | UK +44 020 8144-71-27
Email: info@orianresearch.com
Website: www.orianresearch.com/
Follow Us on LinkedIn: https://www.linkedin.com/company-beta/13281002/

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