Superconducting Wire market was valued at USD 638.1 Million in 2016, and is expected to grow at a CAGR of 9% from 2021 to 2027.
Superconducting wire is made of superconductors such as niobium-titanium. When cooled below the transition temperature, the electrical resistance is displayed as zero. Currently, high-temperature superconductors such as yttrium barium copper oxide (YBCO) tend to offer greater advantages over copper and aluminum, such as higher maximum current density and zero power loss. However, the superconducting wire has several disadvantages, such as the cost of freezing the wire to a superconducting temperature, a problem related to quenching the wire, and the cost of the wire and construction.
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Leading players in the superconducting wire market include American Superconductor Corporation (U.S.), Bruker Corporation (U.S.), Furukawa Electric Co., Ltd. (Japan), Fujikura Ltd. (Japan), and Superconductor Technologies Inc. (U.S.).
By Type
- Low and Medium Temperature Superconductors
- High Temperature Superconductors
- First Generation HT Superconductors
- Second Generation HT Superconductors
By Application
- Energy
- Medical
- Research
- Industry
- Others
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Scope of the Report
The research study analyzes the global Superconducting Wire industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Superconducting Wire Market Report
1. What was the Superconducting Wire Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Superconducting Wire Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Superconducting Wire Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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