Market Overview:
The global superconductor 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 electric equipment, medical equipment, traffic equipment and other applications that require high-performance wires. In addition, the growing demand for superconducting materials in national defense industries is also contributing to the growth of this market. The low temperature superconductor segment is expected to account for a major share of the global superconductor wire market during the forecast period. This segment is mainly driven by its growing use in electric vehicles and wind turbines.
Product Definition:
Superconductor Wire is a wire made of materials that have been specifically designed to be superconductors. They are used in a variety of applications, including medical devices, power transmission lines, and particle accelerators. Superconductor Wire has many advantages over traditional wires, including high efficiency and low electrical resistance.
Low Temperature Superconductor:
Low temperature superconductor (LTS) is a material that exhibits superconductivity at low temperatures. Superconductors are used in various applications including MRI machines, particle accelerators, and nuclear magnetic resonance (NMR) equipment. LTS has the potential to replace expensive and bulky electrical cables used for power transmission and distribution in industries such as oil & gas, chemical processing, manufacturing etc., which will drive the product demand over the forecast period.
High Temperature Superconductor:
High temperature superconductor (HTS) is a material that exhibits special electrical and magnetic properties at or above 130°K. HTS wires have applications in electric power transmission and distribution, renewable energy storage, thermoelectric devices, etc. The growing demand for clean electricity has led to the rapid growth of the high temperature superconductor market over the past few years.
Application Insights:
Electric equipment was the dominant application segment in the global superconductor wire market and accounted for a revenue share of over 40% in 2017. The segment is expected to witness significant growth on account of rising demand from electric equipment applications such as power generation, wind energy, and industrial applications.
The medical equipment application segment is also projected to witness considerable growth during the forecast period owing to increasing investments by government agencies and private companies for R&D activities related to superconductors. For instance, researchers at China¢â‚¬â„¢s Tsinghua University are currently working on developing a new type of MRI compatible with room-temperature superconductivity. Such initiatives are expected drive product demand over the coming years.
Superconductor wires have numerous potential uses across traffic control systems, railway signaling systems, airport security screening systems among others which has resulted in driving their demand globally over recent years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing government investments in transportation infrastructure. China, Japan, and South Korea are some of the major countries that have witnessed significant growth in superconductor wire production over the past few years. The presence of large electric equipment manufacturing companies such as ABB Ltd., Siemens AG, and Samsung Electronics Co., Ltd has also fueled product demand across this region.
North America held a substantial share in 2017 owing to high demand for power generation equipment coupled with growing renewable energy initiatives taken by U.S.-based wind turbine manufacturers such as General Electric and Siemens Energy Systems Inc.
Growth Factors:
- Increasing demand for energy-efficient and high-performance electrical equipment
- Rising demand from the transportation sector
- Growing investments in research and development activities by superconductor wire manufacturers
- Increasing adoption of superconductor wire in data centers and wind turbines
- Technological advancements in the manufacturing of superconductor wire
Scope Of The Report
Report Attributes
Report Details
Report Title
Superconductor Wire Market Research Report
By Type
Low Temperature Superconductor, High Temperature Superconductor
By Application
Electric Equipment, Medical Equipment, Traffic Equipment, Science and Engineering, National Defense Industry
By Companies
AMSC, SuperPower, Bruker, Luvata, Fujikura, Sumitomo, SuNam, Western Superconducting, SHSC, 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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Superconductor Wire Market Report Segments:
The global Superconductor Wire market is segmented on the basis of:
Types
Low Temperature Superconductor, High Temperature Superconductor
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
Electric Equipment, Medical Equipment, Traffic Equipment, Science and Engineering, National Defense Industry
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
- Bruker
- Luvata
- Fujikura
- Sumitomo
- SuNam
- Western Superconducting
- SHSC
- AMSC
Highlights of The Superconductor 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:
- Low Temperature Superconductor
- High Temperature Superconductor
- By Application:
- Electric Equipment
- Medical Equipment
- Traffic Equipment
- Science and Engineering
- National Defense Industry
- 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 Superconductor 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?
Superconductor wire is a type of wire that has special properties that allow it to conduct electricity without any resistance. This makes it a very important part of many electronic devices, including computers and cell phones.
Some of the major players in the superconductor wire market are AMSC, SuperPower, Bruker, Luvata, Fujikura, Sumitomo, SuNam, Western Superconducting, SHSC, AMSC.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Superconductor 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 Superconductor Wire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Superconductor 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 Superconductor 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 Superconductor Wire Market Size & Forecast, 2018-2028
4.5.1 Superconductor Wire Market Size and Y-o-Y Growth
4.5.2 Superconductor Wire Market Absolute $ Opportunity
Chapter 5 Global Superconductor Wire 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 Superconductor Wire Market Size Forecast by Type
5.2.1 Low Temperature Superconductor
5.2.2 High Temperature Superconductor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Superconductor Wire 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 Superconductor Wire Market Size Forecast by Applications
6.2.1 Electric Equipment
6.2.2 Medical Equipment
6.2.3 Traffic Equipment
6.2.4 Science and Engineering
6.2.5 National Defense Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Superconductor 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 Superconductor 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 Superconductor Wire Analysis and Forecast
9.1 Introduction
9.2 North America Superconductor Wire 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 Superconductor Wire Market Size Forecast by Type
9.6.1 Low Temperature Superconductor
9.6.2 High Temperature Superconductor
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 Superconductor Wire Market Size Forecast by Applications
9.10.1 Electric Equipment
9.10.2 Medical Equipment
9.10.3 Traffic Equipment
9.10.4 Science and Engineering
9.10.5 National Defense Industry
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 Superconductor Wire Analysis and Forecast
10.1 Introduction
10.2 Europe Superconductor Wire 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 Superconductor Wire Market Size Forecast by Type
10.6.1 Low Temperature Superconductor
10.6.2 High Temperature Superconductor
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 Superconductor Wire Market Size Forecast by Applications
10.10.1 Electric Equipment
10.10.2 Medical Equipment
10.10.3 Traffic Equipment
10.10.4 Science and Engineering
10.10.5 National Defense Industry
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 Superconductor Wire Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Superconductor Wire 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 Superconductor Wire Market Size Forecast by Type
11.6.1 Low Temperature Superconductor
11.6.2 High Temperature Superconductor
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 Superconductor Wire Market Size Forecast by Applications
11.10.1 Electric Equipment
11.10.2 Medical Equipment
11.10.3 Traffic Equipment
11.10.4 Science and Engineering
11.10.5 National Defense Industry
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 Superconductor Wire Analysis and Forecast
12.1 Introduction
12.2 Latin America Superconductor Wire 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 Superconductor Wire Market Size Forecast by Type
12.6.1 Low Temperature Superconductor
12.6.2 High Temperature Superconductor
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 Superconductor Wire Market Size Forecast by Applications
12.10.1 Electric Equipment
12.10.2 Medical Equipment
12.10.3 Traffic Equipment
12.10.4 Science and Engineering
12.10.5 National Defense Industry
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) Superconductor Wire Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Superconductor Wire 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) Superconductor Wire Market Size Forecast by Type
13.6.1 Low Temperature Superconductor
13.6.2 High Temperature Superconductor
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) Superconductor Wire Market Size Forecast by Applications
13.10.1 Electric Equipment
13.10.2 Medical Equipment
13.10.3 Traffic Equipment
13.10.4 Science and Engineering
13.10.5 National Defense Industry
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 Superconductor Wire Market: Competitive Dashboard
14.2 Global Superconductor 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 Bruker
14.3.4 Luvata
14.3.5 Fujikura
14.3.6 Sumitomo
14.3.7 SuNam
14.3.8 Western Superconducting
14.3.9 SHSC
14.3.10 AMSC
