Market Overview:
The global high temperature superconducting fibers market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high temperature superconducting fibers in various applications such as healthcare, research and development, and electronics. Additionally, the growing demand for energy-efficient technologies is also propelling the growth of this market. However, factors such as limited availability of raw materials and high manufacturing costs are restraining the growth of this market. On the basis of type, 1G HTS accounted for a major share of the global high temperature superconducting fibers market in 2017. This segment is expected to dominate this market during the forecast period owing to its low manufacturing cost and higher efficiency as compared to 2G HTS fiber products. On the basis of application, healthcare held a dominant share in 2017 and is projected to grow at a significant rate during 2018-2030 owing to rising awareness about benefits offered by these fibers in medical treatments such as cancer therapy and magnetic resonance imaging (MRI).
Product Definition:
A high temperature superconducting fiber is a type of superconductor that can maintain its properties at temperatures above the boiling point of liquid nitrogen. These fibers are important for a variety of applications, including power transmission, fault detection, and medical imaging.
1G HTS:
1G High-Temperature Superconducting (HTS) fibers market is expected to grow at a significant rate owing to the increasing demand for high temperature superconducting (HTS) products in various end-use industries such as energy, transportation, healthcare and security. The growth of these end-use industries is directly proportional to the growth of 1G HTS market.
The global industry has witnessed tremendous development over the past few years due to technological innovations.
2G HTS:
2G HTS is a type of high temperature superconducting fiber that has been developed by researchers at the Korea Institute of Science and Technology. The 2G HTS fibers have been designed to provide performance characteristics suitable for next-generation high energy applications such as particle accelerators. The research on 2G High Temperature Superconducting Fiber was initiated in 2000, and since then the technology has made significant progress both in terms of commercialization and scientific understanding.
Application Insights:
The global market is segmented by application into healthcare, research & development, electronics and others. Electronics was the largest application segment in 2017 and accounted for a share of over 30% in 2018. The growth of the electronics industry on account of technological advancements coupled with increasing demand for high-temperature superconducting (HTS) materials is expected to drive the product demand over the forecast period.
The R&D segment is anticipated to witness significant growth at a CAGR exceeding 11% from 2018 to 2030 owing to increasing government funding towards research activities related to HTS technology applications across various end uses such as power generation & automotive among others. Furthermore, growing investments from companies operating in diverse industries such as oil & gas; petrochemicals; energy; healthcare among others are expected fuel market expansion during the study period.
Regional Analysis:
North America dominated the global high temperature superconducting fibers market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of several research laboratories and institutes working on advanced materials, which use HTS fibers for carrying out their research activities. The U.S.-based National Institute for Materials Science (NIMS) has developed a network of collaborating industrial partners called “Japan-U.S.-China High Temperature Superconductor Consortium†(JUHTC).
Asia Pacific is expected to witness significant growth during the forecast period owing to rising demand from end-use industries such as electronics, healthcare & life sciences, power generation etc.
Growth Factors:
- Increasing demand for energy-efficient and high-performance electrical equipment
- Growing investments in research and development of new applications for HTS fibers
- Rising demand from the transportation sector for improved fuel efficiency and reduced emissions
- Rapid expansion of the data center market, which is driving increased use of HTS cables to transmit large amounts of data quickly and efficiently
- Proliferation of next-generation wireless communication technologies, which are increasing the need for high-capacity transmission lines
Scope Of The Report
Report Attributes
Report Details
Report Title
High Temperature Superconducting Fibers Market Research Report
By Type
1G HTS, 2G HTS
By Application
Healthcare, R&D, Electronics
By Companies
AMSC, Bruker Energy & Supercon Technologies, Hyper Tech Research, Superconducting Technologies, SuperPower, AMSC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global High Temperature Superconducting Fibers Market Report Segments:
The global High Temperature Superconducting Fibers market is segmented on the basis of:
Types
1G HTS, 2G HTS
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Healthcare, R&D, Electronics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AMSC
- Bruker Energy & Supercon Technologies
- Hyper Tech Research
- Superconducting Technologies
- SuperPower
- AMSC
Highlights of The High Temperature Superconducting Fibers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1G HTS
- 2G HTS
- By Application:
- Healthcare
- R&D
- Electronics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Temperature Superconducting Fibers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High Temperature Superconducting Fibers are a type of fiber optic cable that can operate at temperatures up to 150 degrees Celsius, which is about twice the temperature at which traditional fiber optic cables operate. This allows High Temperature Superconducting Fibers to transmit data more quickly and reliably than traditional fiber optic cables.
Some of the key players operating in the high temperature superconducting fibers market are AMSC, Bruker Energy & Supercon Technologies, Hyper Tech Research, Superconducting Technologies, SuperPower, AMSC.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Temperature Superconducting Fibers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Temperature Superconducting Fibers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Temperature Superconducting Fibers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Temperature Superconducting Fibers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Temperature Superconducting Fibers Market Size & Forecast, 2020-2028
4.5.1 High Temperature Superconducting Fibers Market Size and Y-o-Y Growth
4.5.2 High Temperature Superconducting Fibers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 1G HTS
5.2.2 2G HTS
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Healthcare
6.2.2 R&D
6.2.3 Electronics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Temperature Superconducting Fibers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Temperature Superconducting Fibers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 1G HTS
9.6.2 2G HTS
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Healthcare
9.10.2 R&D
9.10.3 Electronics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 1G HTS
10.6.2 2G HTS
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Healthcare
10.10.2 R&D
10.10.3 Electronics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 1G HTS
11.6.2 2G HTS
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Healthcare
11.10.2 R&D
11.10.3 Electronics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 1G HTS
12.6.2 2G HTS
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Healthcare
12.10.2 R&D
12.10.3 Electronics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 1G HTS
13.6.2 2G HTS
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Healthcare
13.10.2 R&D
13.10.3 Electronics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Temperature Superconducting Fibers Market: Competitive Dashboard
14.2 Global High Temperature Superconducting Fibers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AMSC
14.3.2 Bruker Energy & Supercon Technologies
14.3.3 Hyper Tech Research
14.3.4 Superconducting Technologies
14.3.5 SuperPower
14.3.6 AMSC
