The report “Superconducting
Wire Market by Type (High Temperature Superconductors (First
Generation and Second Generation), Low and Medium Temperature Superconductors),
Application (Energy, Medical, Industry, Research), and Region - Global Forecast
to 2021”, the global superconducting
wire market is expected to grow at a CAGR of 9.6% from 2016 to 2021, to reach a
market size of USD 1,008.2 million by 2021. Growing demand for superconductor
based MRI system and synergies of H.V. transmission application and high
efficiencies are the major drivers of the superconducting wire market.
The superconducting wire market is dominated by a few
major players that have a wide regional presence and are established brand
names. Leading players in the superconducting
wire market include American Superconductor Corporation (U.S.), Bruker
Corporation (U.S.), Furukawa Electric Co., Ltd. (Japan), Fujikura Ltd. (Japan),
and Superconductor Technologies Inc. (U.S.) has developed new products and
implemented advanced production technology to bolster its product portfolio.
68 - Tables
40 - Figures
125 - Pages
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The
report segments the superconducting wire market by application into energy,
medical, research, industry, and others application. The energy application
segment is expected to grow at the fastest rate during the forecast period.
Development of smart cities and strict energy-efficiency standards will likely
to drive the overall energy segment, which is expected to create new revenue
pockets for the superconducting wire market during the forecast period.
With
regard to the type segment, HT superconductors are expected to constitute the
fastest growing market from 2016 to 2021. This is because of cheaper cryogenic
systems required for HT superconductor material which makes the superconductor
devices cost effective. These are used in manufacturing of energy efficient
superconducting cables and fault current limiters. In the research segment, it
is used in large coil magnets for high energy physics experiments.
Scope of the Report:
By Type
·
Low
and Medium Temperature Superconductors
·
High
Temperature Superconductors
·
First
Generation HT Superconductors
·
Second
Generation HT Superconductors
By Application
·
Energy
·
Medical
·
Research
·
Industry
·
Others
By Region
·
Europe
·
North
America
·
Asia-Pacific
Request Sample Pages of
the Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=226116096
North America: The
leading market for superconducting wire
North
America is expected grow at the highest CAGR during the forecast period. The
region has been very active in the field of superconductivity since the
beginning and is continuously making improvements in this technology to make it
more feasible for the practical use. There are several research projects based
on superconductors underway, in universities such as University of Houston, and
Massachusetts Institute of Technology in the U.S. which have made several
breakthroughs in superconductor technologies for applications such as medical,
energy, and industrial.. High investments are being made in the region to
commercialize superconductors and to exploit its advantages to the fullest.
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