Market Overview:
The global split-pair superconducting magnets market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for these magnets from various applications such as X-ray diffraction, neutron diffraction, ion cyclotron resonance (ICR), scanning tunneling microscope (STM), medical, nuclear magnetic resonance (NMR) systems and others. Additionally, the growing demand for these magnets from the Asia Pacific region is also contributing to the growth of this market.
Product Definition:
Split-pair superconducting magnets are a type of superconducting magnet that uses two separate coils of wire to create a magnetic field. This type of magnet is often used in MRI machines and other medical devices.
Horizontal Field:
The horizontal field is a magnetic field that exists along the z-axis in the horizontal (x, y) plane of a split pair superconducting magnets. The strength of the horizontal field controls how much energy can be stored in these magnets and it has an important impact on their performance. It also helps to control certain properties such as permeability and magnetization of materials when combined with vertical fields.
Vertical Field:
The vertical field is generated by superconducting magnets and used to steer the beam of electrons in a linear way. It can be regarded as an alternative to the horizontal field which is generated by the coils of wire around the pole pieces in a transformer. The electron beam follows this line owing to its high velocity, thus it is termed as Vertical Field (VF) magnetron sputtering device.
Application Insights:
The application segment is segregated as X-ray diffraction, neutron diffraction, ICR, STM and medical NMR systems. The X-ray diffracting instruments held the largest market share in 2017 owing to its wide applications in research activities such as crystallography and materials analysis. It also finds numerous applications in the field of science including medicine and material sciences. However, it is anticipated to lose some market share over the forecast period due to rising demand for other types of magnets that provide better resolution such as Neutron Diffractometer which provides high precision measurements at low costs.
ICR or Ion Cyclotron Resonance was one of the prominent application segments that accounted for a significant market share in 2017 due to its wide usage across various industries such as automotive & transportation, oil & gas etcetera.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of major superconducting magnet manufacturers such as Cooper Industries, Inc.; NEXANS; and Schure Corporation. These companies are investing huge amounts in research & development activities to develop advanced products for various applications. For instance, in November 2016, Schure Corporation launched a new family of SM magnets with increased holding power for industrial magnetic inspection equipment used by customers including automotive OEMs and component manufacturers worldwide.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing demand from end-use industries such as medical devices manufacturing and nuclear magnetic resonance (NMR) systems manufacturing coupled with rising awareness about advanced technology products among potential customers/users. In addition, growing investments by key players on improving transport infrastructure will boost product sales which will further drive regional market growth over the next eight years (2030).
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly technologies
- Growing research and development investments in split-pair superconducting magnets technology
- Rising number of collaborations between academic institutions and industry players
- Proliferation of advanced applications that require split-pair superconducting magnets
- Increasing adoption of split-pair superconducting magnets in medical imaging
Scope Of The Report
Report Attributes
Report Details
Report Title
Split-pair Superconducting Magnets Market Research Report
By Type
Horizontal Field, Vertical Field
By Application
X-Ray Diffraction, Neutron Diffraction, Ion Cyclotron Resonance (ICR), Scanning Tunneling Microscope (STM), Medical, Nuclear Magnetic Resonance (NMR) Systems, Others
By Companies
Attocube, American Magnetics, Oxford Instruments, ICEoxford, Cryomagnetics
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Split-pair Superconducting Magnets Market Report Segments:
The global Split-pair Superconducting Magnets market is segmented on the basis of:
Types
Horizontal Field, Vertical Field
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
X-Ray Diffraction, Neutron Diffraction, Ion Cyclotron Resonance (ICR), Scanning Tunneling Microscope (STM), Medical, Nuclear Magnetic Resonance (NMR) Systems, 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:
- Attocube
- American Magnetics
- Oxford Instruments
- ICEoxford
- Cryomagnetics
Highlights of The Split-pair Superconducting Magnets 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:
- Horizontal Field
- Vertical Field
- By Application:
- X-Ray Diffraction
- Neutron Diffraction
- Ion Cyclotron Resonance (ICR)
- Scanning Tunneling Microscope (STM)
- Medical
- Nuclear Magnetic Resonance (NMR) Systems
- 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 Split-pair Superconducting Magnets 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.
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- 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?
Split-pair superconducting magnets are a type of magnet that uses two pairs of superconducting coils to create a strong magnetic field. This allows the magnet to hold more weight and be more durable than traditional magnets.
Some of the major companies in the split-pair superconducting magnets market are Attocube, American Magnetics, Oxford Instruments, ICEoxford, Cryomagnetics.
The split-pair superconducting magnets market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Split-pair Superconducting Magnets 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 Split-pair Superconducting Magnets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Split-pair Superconducting Magnets 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 Split-pair Superconducting Magnets 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 Split-pair Superconducting Magnets Market Size & Forecast, 2018-2028
4.5.1 Split-pair Superconducting Magnets Market Size and Y-o-Y Growth
4.5.2 Split-pair Superconducting Magnets Market Absolute $ Opportunity
Chapter 5 Global Split-pair Superconducting Magnets 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 Split-pair Superconducting Magnets Market Size Forecast by Type
5.2.1 Horizontal Field
5.2.2 Vertical Field
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Split-pair Superconducting Magnets 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 Split-pair Superconducting Magnets Market Size Forecast by Applications
6.2.1 X-Ray Diffraction
6.2.2 Neutron Diffraction
6.2.3 Ion Cyclotron Resonance (ICR)
6.2.4 Scanning Tunneling Microscope (STM)
6.2.5 Medical
6.2.6 Nuclear Magnetic Resonance (NMR) Systems
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Split-pair Superconducting Magnets 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 Split-pair Superconducting Magnets 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 Split-pair Superconducting Magnets Analysis and Forecast
9.1 Introduction
9.2 North America Split-pair Superconducting Magnets 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 Split-pair Superconducting Magnets Market Size Forecast by Type
9.6.1 Horizontal Field
9.6.2 Vertical Field
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 Split-pair Superconducting Magnets Market Size Forecast by Applications
9.10.1 X-Ray Diffraction
9.10.2 Neutron Diffraction
9.10.3 Ion Cyclotron Resonance (ICR)
9.10.4 Scanning Tunneling Microscope (STM)
9.10.5 Medical
9.10.6 Nuclear Magnetic Resonance (NMR) Systems
9.10.7 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 Split-pair Superconducting Magnets Analysis and Forecast
10.1 Introduction
10.2 Europe Split-pair Superconducting Magnets 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 Split-pair Superconducting Magnets Market Size Forecast by Type
10.6.1 Horizontal Field
10.6.2 Vertical Field
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 Split-pair Superconducting Magnets Market Size Forecast by Applications
10.10.1 X-Ray Diffraction
10.10.2 Neutron Diffraction
10.10.3 Ion Cyclotron Resonance (ICR)
10.10.4 Scanning Tunneling Microscope (STM)
10.10.5 Medical
10.10.6 Nuclear Magnetic Resonance (NMR) Systems
10.10.7 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 Split-pair Superconducting Magnets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Split-pair Superconducting Magnets 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 Split-pair Superconducting Magnets Market Size Forecast by Type
11.6.1 Horizontal Field
11.6.2 Vertical Field
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 Split-pair Superconducting Magnets Market Size Forecast by Applications
11.10.1 X-Ray Diffraction
11.10.2 Neutron Diffraction
11.10.3 Ion Cyclotron Resonance (ICR)
11.10.4 Scanning Tunneling Microscope (STM)
11.10.5 Medical
11.10.6 Nuclear Magnetic Resonance (NMR) Systems
11.10.7 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 Split-pair Superconducting Magnets Analysis and Forecast
12.1 Introduction
12.2 Latin America Split-pair Superconducting Magnets 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 Split-pair Superconducting Magnets Market Size Forecast by Type
12.6.1 Horizontal Field
12.6.2 Vertical Field
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 Split-pair Superconducting Magnets Market Size Forecast by Applications
12.10.1 X-Ray Diffraction
12.10.2 Neutron Diffraction
12.10.3 Ion Cyclotron Resonance (ICR)
12.10.4 Scanning Tunneling Microscope (STM)
12.10.5 Medical
12.10.6 Nuclear Magnetic Resonance (NMR) Systems
12.10.7 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) Split-pair Superconducting Magnets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Split-pair Superconducting Magnets 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) Split-pair Superconducting Magnets Market Size Forecast by Type
13.6.1 Horizontal Field
13.6.2 Vertical Field
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) Split-pair Superconducting Magnets Market Size Forecast by Applications
13.10.1 X-Ray Diffraction
13.10.2 Neutron Diffraction
13.10.3 Ion Cyclotron Resonance (ICR)
13.10.4 Scanning Tunneling Microscope (STM)
13.10.5 Medical
13.10.6 Nuclear Magnetic Resonance (NMR) Systems
13.10.7 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 Split-pair Superconducting Magnets Market: Competitive Dashboard
14.2 Global Split-pair Superconducting Magnets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Attocube
14.3.2 American Magnetics
14.3.3 Oxford Instruments
14.3.4 ICEoxford
14.3.5 Cryomagnetics
