Market Overview:
The global HTS wire market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-temperature superconducting wires in various applications, such as power cables, fault current limiters and transformers. Additionally, the growing demand for energy-efficient solutions is also contributing to the growth of this market. Some of the major players operating in this market are ABB Ltd., American Superconductor Corporation (AMSC), Fujikura Ltd., Hitachi Cable Manchester plc., Hyundai Heavy Industries Co., Ltd., Nexans S.
Product Definition:
High-temperature superconducting (HTS) wire is a copper-based alloy that can carry electrical current without any resistance when cooled below a critical temperature. This property makes HTS wire ideal for use in high-efficiency power transmission systems and electric motors.
YBaCuO:
YBaCuO is a copper-based superconductor with low magnetic properties. It has an extremely high critical temperature and transition temperature, making it useful for applications where high-temperature superconductivity is required.
Bi-, Tl- and Hg-based:
Bi-, Tl- and Hg-based alloys are used in high temperature wires (HTW) market on account of their excellent properties such as low thermal expansion, high tensile strength, good electrical resistance along with the ability to withstand severe chemical environments. These are extensively preferred over conventional materials owing to their superior performance at elevated temperatures.
Application Insights:
Based on application, the global HTS wire market has been segmented into power cable, transformer, fault current limiter (FCL), and others. The FCL segment is anticipated to witness significant growth over the forecast period owing to its rising use in industrial applications. In addition, it finds application as a core material in high-voltage transformers that are used for interconnection of various electrical grids across the globe.
The power cable was estimated as the largest revenue generating segment with a share of over 40% in 2017 and is projected to maintain its dominance throughout the forecast period. HTS wires are widely used for manufacturing high-performance cables that provide higher insulation resistance against electricity flow through them which results in improved transmission capacity and reduced maintenance cost per unit distance which makes them highly suitable for long-distance transmission applications such as those found within utility lines or between two cities or towns located far apart from each other geographically speaking thus driving their demand globally over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. These countries are rapidly expanding their power sector capacities owing to growing electricity demand from homes and offices. This has led to a significant rise in HTS wire production across the region.
The Asia Pacific regional market was closely followed by Europe with a share of 28%. Countries such as France, Germany and Russia are among the major producers of HTS wires across this region on account of rising demand for high-quality products from end-users such as telecommunication companies for data communication purposes at faster speeds. North America accounted for a relatively lower share owing to lack of awareness regarding benefits offered by these wires along with limited product penetration due to higher pricing compared with other alternatives such as aluminum (Al) or copper (Cu).
Growth Factors:
- Increasing demand for high-temperature wire in the automotive and aerospace industries due to the rise in production of electric vehicles and aircraft.
- Growing demand for HTS wire from the power generation sector to meet the increasing need for energy conservation.
- Rising popularity of HTS wire in data centers and telecommunications networks owing to its superior performance characteristics over traditional copper wires.
- Proliferation of next-generation applications that require high-temperature wiring, such as smart grids, renewable energy systems, and advanced transportation systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
HTS Wire Market Research Report
By Type
YBaCuO, Bi-, Tl- and Hg-based
By Application
Power Cable, Fault Current Limiter, Transformer
By Companies
AMSC, SuperPower, MetOx, STI, Bruker, Oxford Instruments, Fujikura, SEI, SuNam, SHSC, Samri, Innost
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global HTS Wire Market Report Segments:
The global HTS Wire market is segmented on the basis of:
Types
YBaCuO, Bi-, Tl- and Hg-based
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
Power Cable, Fault Current Limiter, Transformer
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
- SuperPower
- MetOx
- STI
- Bruker
- Oxford Instruments
- Fujikura
- SEI
- SuNam
- SHSC
- Samri
- Innost
Highlights of The HTS Wire 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:
- YBaCuO
- Bi-, Tl- and Hg-based
- By Application:
- Power Cable
- Fault Current Limiter
- Transformer
- 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 HTS Wire 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
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?
HTS Wire is a decentralized, encrypted messaging platform that allows users to communicate securely and anonymously. It uses blockchain technology to ensure the security of messages and user data.
Some of the key players operating in the hts wire market are AMSC, SuperPower, MetOx, STI, Bruker, Oxford Instruments, Fujikura, SEI, SuNam, SHSC, Samri, Innost.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 HTS Wire 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 HTS Wire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 HTS Wire 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 HTS Wire 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 HTS Wire Market Size & Forecast, 2020-2028
4.5.1 HTS Wire Market Size and Y-o-Y Growth
4.5.2 HTS Wire 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 YBaCuO
5.2.2 Bi-
5.2.3 Tl- and Hg-based
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 Power Cable
6.2.2 Fault Current Limiter
6.2.3 Transformer
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HTS Wire 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 HTS Wire 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 YBaCuO
9.6.2 Bi-
9.6.3 Tl- and Hg-based
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 Power Cable
9.10.2 Fault Current Limiter
9.10.3 Transformer
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 YBaCuO
10.6.2 Bi-
10.6.3 Tl- and Hg-based
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 Power Cable
10.10.2 Fault Current Limiter
10.10.3 Transformer
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 YBaCuO
11.6.2 Bi-
11.6.3 Tl- and Hg-based
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 Power Cable
11.10.2 Fault Current Limiter
11.10.3 Transformer
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 YBaCuO
12.6.2 Bi-
12.6.3 Tl- and Hg-based
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 Power Cable
12.10.2 Fault Current Limiter
12.10.3 Transformer
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 YBaCuO
13.6.2 Bi-
13.6.3 Tl- and Hg-based
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 Power Cable
13.10.2 Fault Current Limiter
13.10.3 Transformer
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 HTS Wire Market: Competitive Dashboard
14.2 Global HTS Wire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AMSC
14.3.2 SuperPower
14.3.3 MetOx
14.3.4 STI
14.3.5 Bruker
14.3.6 Oxford Instruments
14.3.7 Fujikura
14.3.8 SEI
14.3.9 SuNam
14.3.10 SHSC
14.3.11 Samri
14.3.12 Innost
