Market Overview:
The global high temperature superconducting (HTS) current leads 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 HTS current leads in particle accelerators, magnetic resonance imaging (MRI), materials research, and other applications. In terms of type, the operating current below 1000A segment is expected to account for the largest share of the global HTS current leads market in 2018. However, the operating current above 2000A segment is projected to grow at a higher CAGR during the forecast period. Geographically, North America is expected to lead the global HTS current leads market in 2018 followed by Europe and Asia Pacific.
 Current Leads Industry Outlook.svg)
Product Definition:
A high-temperature superconductor (HTS) is a material that can maintain resistance to electrical current below its critical temperature, making it a perfect conductor. Critical temperature is the lowest temperature at which a material can transition from an insulator to a superconductor. HTS materials have been found to have critical temperatures above 77 Kelvin, or -196 degrees Celsius.
Operating Current Below 1000A:
The global operating current below 1000A it's usage and growth factor in high temperature superconducting (HTS) current leads market size was valued at USD 5.0 billion in 2016. The increasing demand for HTS cables from the wind energy sector is expected to be a key driver for industry growth over the forecast period.
Operating Current 1000A-2000A:
The operating current 1000A-2000A is used in high temperature superconducting (HTS) leads market. The HTS leads are widely used for the electrical insulation purposes in Magnetic Resonance Imaging (MRI), High Energy Nuclear Reactions (HEUNR), and other nuclear magnetic resonance applications.
Application Insights:
High temperature superconducting leads are used in particle accelerators, magnetic resonance imaging (MRI), materials research, and other applications. The others segment includes power generation and energy storage application areas. High Tc superconductors enable the use of smaller lead segments with lower power consumption which reduces the overall cost of an HTS system. This factor is expected to drive the global market over the forecast period.
The MRI segment is anticipated to witness significant growth owing to its increasing usage in medical applications such as nuclear medicine and cardiology testing where high-quality images are required for accurate diagnosis purposes at a low cost which will further propel demand over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing research and development activities in various sectors such as healthcare, electronics, energy & power, materials research. In addition, rising investments by governments for developing advanced technologies are anticipated to fuel the demand for HTS current leads in APAC during the forecast period.
The Asia Pacific was followed by Europe which accounted for a revenue share of 22% in 2017 owing to high usage of superconducting cables with operating temperature above freezing point (Tc) and low resistance value suitable for high-energy density applications including particle accelerators and MRI systems among others. Moreover, presence of major manufacturers such as Siemens AG; Furukawa Electric Co., Ltd.; Tokyo Electron Limited; Avantium Technologies BV; General Electric Company; Hitachi Ltd.; Mitsubishi Heavy Industries Ltd.; Nordson Corporation etc.
Growth Factors:
- Increasing demand for energy efficient technologies: The global market for HTS current leads is expected to grow at a CAGR of more than 15% from 2016 to 2021. This growth can be attributed to the increasing demand for energy efficient technologies across the globe.
- Growing investments in renewable energy sources: Governments and private investors are increasingly investing in renewable energy sources such as solar and wind power, which require high-efficiency transmission systems. This is expected to drive the growth of the HTS current lead market during the forecast period.
- Rising awareness about benefits of HTS technology: There is a growing awareness about the benefits of using HTS technology, which include improved efficiency, reduced power losses, and increased system reliability. This is likely to boost demand for HTS current leads in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Temperature Superconducting (HTS) Current Leads Market Research Report
By Type
Operating Current Below 1000A, Operating Current 1000A-2000A, Operating Current Above 2000A
By Application
Particle Accelerators, Magnetic Resonance Imaging, Materials Research, Others
By Companies
Hall Scientific, Energy to Power Solutions (E2P), DABS, Furukawa Electric, Solid Material Solutions, Brookhaven Technology Group (BTG), CAN SUPERCONDUCTORS
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
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global High Temperature Superconducting (HTS) Current Leads Market Report Segments:
The global High Temperature Superconducting (HTS) Current Leads market is segmented on the basis of:
Types
Operating Current Below 1000A, Operating Current 1000A-2000A, Operating Current Above 2000A
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
Particle Accelerators, Magnetic Resonance Imaging, Materials Research, Others
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:
- Hall Scientific
- Energy to Power Solutions (E2P)
- DABS
- Furukawa Electric
- Solid Material Solutions
- Brookhaven Technology Group (BTG)
- CAN SUPERCONDUCTORS
 Current Leads Market Overview.svg)
Highlights of The High Temperature Superconducting (HTS) Current Leads 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:
- Operating Current Below 1000A
- Operating Current 1000A-2000A
- Operating Current Above 2000A
- By Application:
- Particle Accelerators
- Magnetic Resonance Imaging
- Materials Research
- Others
- 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 (HTS) Current Leads 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Current Leads Market Statistics.svg)
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 (HTS) current leads are a type of electrical conductor used in high-temperature superconducting applications. They are made from a metal alloy that is specially treated to make it superconductive at temperatures above 90 degrees Celsius. This makes HTS current leads the perfect choice for applications that need to operate at very high temperatures, such as cryogenic refrigeration systems and nuclear reactors.
Some of the major players in the high temperature superconducting (hts) current leads market are Hall Scientific, Energy to Power Solutions (E2P), DABS, Furukawa Electric, Solid Material Solutions, Brookhaven Technology Group (BTG), CAN SUPERCONDUCTORS.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Temperature Superconducting (HTS) Current Leads 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 (HTS) Current Leads Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Temperature Superconducting (HTS) Current Leads 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 (HTS) Current Leads 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 (HTS) Current Leads Market Size & Forecast, 2018-2028
4.5.1 High Temperature Superconducting (HTS) Current Leads Market Size and Y-o-Y Growth
4.5.2 High Temperature Superconducting (HTS) Current Leads Market Absolute $ Opportunity
Chapter 5 Global High Temperature Superconducting (HTS) Current Leads 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 High Temperature Superconducting (HTS) Current Leads Market Size Forecast by Type
5.2.1 Operating Current Below 1000A
5.2.2 Operating Current 1000A-2000A
5.2.3 Operating Current Above 2000A
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Temperature Superconducting (HTS) Current Leads 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 High Temperature Superconducting (HTS) Current Leads Market Size Forecast by Applications
6.2.1 Particle Accelerators
6.2.2 Magnetic Resonance Imaging
6.2.3 Materials Research
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Temperature Superconducting (HTS) Current Leads 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 (HTS) Current Leads 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 High Temperature Superconducting (HTS) Current Leads Analysis and Forecast
9.1 Introduction
9.2 North America High Temperature Superconducting (HTS) Current Leads 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 High Temperature Superconducting (HTS) Current Leads Market Size Forecast by Type
9.6.1 Operating Current Below 1000A
9.6.2 Operating Current 1000A-2000A
9.6.3 Operating Current Above 2000A
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 High Temperature Superconducting (HTS) Current Leads Market Size Forecast by Applications
9.10.1 Particle Accelerators
9.10.2 Magnetic Resonance Imaging
9.10.3 Materials Research
9.10.4 Others
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 High Temperature Superconducting (HTS) Current Leads Analysis and Forecast
10.1 Introduction
10.2 Europe High Temperature Superconducting (HTS) Current Leads 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 High Temperature Superconducting (HTS) Current Leads Market Size Forecast by Type
10.6.1 Operating Current Below 1000A
10.6.2 Operating Current 1000A-2000A
10.6.3 Operating Current Above 2000A
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 High Temperature Superconducting (HTS) Current Leads Market Size Forecast by Applications
10.10.1 Particle Accelerators
10.10.2 Magnetic Resonance Imaging
10.10.3 Materials Research
10.10.4 Others
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 High Temperature Superconducting (HTS) Current Leads Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Temperature Superconducting (HTS) Current Leads 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 High Temperature Superconducting (HTS) Current Leads Market Size Forecast by Type
11.6.1 Operating Current Below 1000A
11.6.2 Operating Current 1000A-2000A
11.6.3 Operating Current Above 2000A
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 High Temperature Superconducting (HTS) Current Leads Market Size Forecast by Applications
11.10.1 Particle Accelerators
11.10.2 Magnetic Resonance Imaging
11.10.3 Materials Research
11.10.4 Others
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 High Temperature Superconducting (HTS) Current Leads Analysis and Forecast
12.1 Introduction
12.2 Latin America High Temperature Superconducting (HTS) Current Leads 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 High Temperature Superconducting (HTS) Current Leads Market Size Forecast by Type
12.6.1 Operating Current Below 1000A
12.6.2 Operating Current 1000A-2000A
12.6.3 Operating Current Above 2000A
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 High Temperature Superconducting (HTS) Current Leads Market Size Forecast by Applications
12.10.1 Particle Accelerators
12.10.2 Magnetic Resonance Imaging
12.10.3 Materials Research
12.10.4 Others
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) High Temperature Superconducting (HTS) Current Leads Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Temperature Superconducting (HTS) Current Leads 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) High Temperature Superconducting (HTS) Current Leads Market Size Forecast by Type
13.6.1 Operating Current Below 1000A
13.6.2 Operating Current 1000A-2000A
13.6.3 Operating Current Above 2000A
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) High Temperature Superconducting (HTS) Current Leads Market Size Forecast by Applications
13.10.1 Particle Accelerators
13.10.2 Magnetic Resonance Imaging
13.10.3 Materials Research
13.10.4 Others
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 (HTS) Current Leads Market: Competitive Dashboard
14.2 Global High Temperature Superconducting (HTS) Current Leads Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hall Scientific
14.3.2 Energy to Power Solutions (E2P)
14.3.3 DABS
14.3.4 Furukawa Electric
14.3.5 Solid Material Solutions
14.3.6 Brookhaven Technology Group (BTG)
14.3.7 CAN SUPERCONDUCTORS
