Latest Trends In Global Superconductor Wire Market

Superconductor wires permit the passage of electricity with great efficiency, in contrast to regular wires, which encounter resistance and produce heat during the transfer of electrical current.

Electrical cables consisting of superconductive material are known as superconducting cables. When cooled below their transition temperatures, they exhibit zero electrical resistance.

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superconducting materials like certain metal alloys or ceramic compounds are used to create superconducting wires.

When exposed to strong magnetic fields or currents, they are made to keep their superconducting qualities.

In most cases, the wires consist of a superconducting core that conducts the electrical current and is encased in a stabilizing layer that prevents the superconductor from degrading into a typical resistive state.

GLOBAL SUPERCONDUCTOR WIRE MARKET SIZE AND FORECAST

The global superconductor wire market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

MARKET DYNAMICS

The longest superconducting power cable in the world is being created by NKT as a prototype.

Power-dense transmission, which carries a significant quantity of electric power in a relatively compact cable design, is made possible by superconducting power cables.

Fujikura has been focusing on superconducting power cables, and by using greater critical current HTS wires, they have demonstrated triple reduced AC Loss than conventional power cables.

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In Shanghai, a high-capacity superconducting power line with cutting-edge technology went into operation.

The 1.2 km cable, with a designed current capacity of 2,200 amps, connects two 220 kV substations in the Xuhui District's commercial district.

In the "Investissements d'Avenir" (Investments for the Future) initiative led by SNCF Réseau, Nexans, a pure electrification company, obtained a project from Bpifrance (French Public Investment Bank) for the installation of two superconducting DC cables close to Montparnasse station in Paris.

COMPANY PROFILE

American Superconductor
Eaton
Fuji Electric
Fujikura Ltd.
Furukawa Electric Co. Ltd.
Japan Superconductor
Bruker Corporation
Theva Dunnschichttechnik GmbH


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THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

How many Superconductor Wire are manufactured per annum globally? Who are the sub-component suppliers in different regions?

Cost breakup of a Global Superconductor Wire and key vendor selection criteria

Where are the Superconductor Wire manufactured? What is the average margin per unit?

Market share of Global Superconductor Wire market manufacturers and their upcoming products

Cost advantage for OEMs who manufacture Global Superconductor Wire in-house

key predictions for next 5 years in Global Superconductor Wire market

Average B-2-B Superconductor Wire market price in all segments

Latest trends in Superconductor Wire market, by every market segment

The market size (both volume and value) of the Superconductor Wire market in 2023-2030 and every year in between?

Production breakup of Superconductor Wire market, by suppliers and their OEM relationship

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This release was published on openPR.