Scope of the Study
Superconducting wires manufactured from materials such as stainless steel, yttrium barium copper oxide, bismuth strontium calcium copper oxide, to meet the needs of a wide variety of conductor applications in cryogenic environments for medical, pharmaceutical, scientific, aerospace and other industries. A low and high-temperature superconducting wire is capable of conducting more electrical current than copper wire of the same dimension, which vividly decreases the size and weight of the equipment while providing considerably greater power throughput and efficiency. A high-performance wire is offered in numerous configurations, round and rectangular cross-sections, ribbons, and tapes including variations in width, substrate thickness, and copper stabilizer. The superconducting wires can have a variety of insulations depending on the application and magnet design.
The market study is being classified by Type (Low-Temperature Superconducting Wires, Medium-Temperature Superconducting Wires and High-Temperature Superconducting Wires [First Generation HT Superconducting Wire, Second Generation HT Superconducting Wire]), by Application (Particle Accelerator, Magnetic Resonance Imaging, Electric Motors and Other) and major geographies with country level break-up.
American Superconductor Corporation (United States), Bruker Corporation (United States), Furukawa Electric Co., Ltd. (Japan), Fujikura Ltd. (Japan), Superconductor Technologies Inc. (United States), Japan Superconductor Technology, Inc. (Japan), Sumitomo Electric Industries, Ltd. (Japan), Supercon Inc. (United States), Superox (Russia) and Theva DŁnnschichttechnik GmbH (Germany) are some of the key players profiled in the study.
Leading key players of superconducting wire are focusing on strategic partnerships to improve their products and services along with focusing on increasing their client base to strengthen market position. Research Analyst at AMA predicts that Japanese Manufacturers will contribute to the maximum growth of Global Superconducting Wire market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Superconducting Wire market by Type, Application and Region.
On the basis of geography, the market of Superconducting Wire has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand from Electronics Industry for Superconductors in Computer Chip Design Technology
- Rising Demand for Superconductor Based MRI System
- Interactions of H.V. Transmission Application and High Efficiencies
- Absence of Acceptance With Respect to Reliability
- Volatility in Raw Materials Prices
- High Growth Opportunities in Transportation and Industrial Processing
- High Superconductors Manufacturing Cost
Key Target AudienceManufacturers of Superconducting Wire, Suppliers of Raw Materials, Wholesalers, Distributors, and Retailers of Superconducting Wire, Electronic Industry, Governmental Bodies and Research Firms
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase