openPR Logo
Press release

Growth Outlook: Global Superconducting Wire Market Is Projected to Grow at a Substantial Rate by 2028

Growth Outlook: Global Superconducting Wire Market

The Report Superconducting Wire Market: Global Industry Analysis and Opportunity Assessment 2018-2028 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz

Superconductivity is a phenomenon exhibited by superconductors, in which the material exhibits no electrical resistance below a certain cryogenic temperature. Superconducting wires are made from superconducting materials of several types. These wires, when cooled below their transition temperature gain the ability to carry electricity indefinitely without any resistance or loss of energy and zero power dissipation with higher current density as compared to copper or aluminum wires. Due to its properties, superconducting wire finds its application in medical industry, electrical and electronics industry, military, and defense. Whereas, one of the major applications of superconducting wire is in superconducting magnet, which is mainly used in medical as well as in scientific equipment in which there is a need for high magnetic field. Superconductor magnets are extensively used in MRI/NMR (magnetic resonance imaging) machines. It is also used in particle accelerator as beam steering magnet and in mass spectrometers.

Get Sample Copy of this report @ https://www.marketresearchreports.biz/sample/sample/13993

Superconducting wires are also used in transformers, in power storage devices, smart grid as well as in electric motors. Superconducting wires are of two types, high-temperature superconducting wires and low-temperature superconducting wires, on the basis of temperature at which the conductor/wire needs to be cooled to make it a superconductor. The high-temperature superconducting wire is made up of superconducting material with high critical temperatures (high superconductivity) such as YBCO and BSCCO. The high-temperature superconducting wire has the ability to achieve the superconducting state at a temperature of 77K, which can be attained using inexpensive liquid nitrogen. However, low-temperature superconducting wires require a temperature as low as 4 K to achieve superconductivity, which can be easily attained with the use of liquid helium. Low-temperature superconducting wires are more successful in commercial use. Clinical MRI is one of the major commercial applications of superconductivity and remains the major market today.

Superconducting Wire Market:Dynamics

The market of superconducting wire is expected to rise significantly due to increasing demand for superconductors in computer chip design technology in the electronics industry and MRI systems in medical applications. Moreover, advancements in the medical field and significant demand for highly efficient electric motor will have a positive impact on superconducting wire market. Also, increasing demand for semiconducting wires in many end use applications such as MRI, particle accelerator and mass spectrometer will also boost the market in the forecast period. However, lack of acceptance with respect to reliability and high cost will hamper the market growth. Also, the volatility in the prices of raw materials such as yttrium will also act as a restraint to the growth of superconducting wire market.

Superconducting Wire Market:Market Segmentation

Segmentation ofsuperconducting wire market can be doneon the basis of the end use industry as follows:
Pharmaceutical & Healthcare
Military & Defence
Electrical and Electronics
Railways Industry
Segmentation of Superconducting Wire Market can be doneon the basis of material used as follows:
Yttrium barium copper oxide
Bismuth strontium calcium copper oxide
Stainless steel
Others
Segmentation of superconducting wire Market can be doneon the basis of type as follows:
High temperature super conducting wire
High temperature super conducting wire
Segmentation of superconducting wire Market can be doneon the basis of application as follows:
MRI (magnetic resonance imaging)
Electric motors
particle accelerator
Others.

Superconducting Wire Market: Regional Outlook

Europe holds a significant share in the global Superconducting Wire Market in terms of demand. The Superconducting Wire Market in North America is expected to grow at a substantial rate over the forecast period. In Asia-Pacific, development of smart cities with strict energy-efficiency standards will bolster the superconducting wire market. Market in rest of the world is estimated to account for a relatively small share in the global Superconducting Wire Market.

Request For TOC Report @ https://www.marketresearchreports.biz/sample/toc/13993

Superconducting Wire Market: Market Participants

Some of the examples of the market participants in the global superconducting wire market, identified across the value chain are:

Fujikura Ltd. (Japan)
American Superconductor Corporation (U.S.),
Bruker Corporation (U.S.)
Superconductor Technologies Inc. (U.S.)
Furukawa Electric Co., Ltd. (Japan)
Japan Superconductor Technology, Inc.
Sumitomo Electric Industries, Ltd.
Supercon Inc.
Superox
Theva Dünnschichttechnik GmbH

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

Pre Book For Report @ https://www.marketresearchreports.biz/checkout?rep_id=13993&licType=S

About us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact

Mr. Nachiket
State Tower
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
Website: https://www.marketresearchreports.biz/
Email: sales@marketresearchreports.biz

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Growth Outlook: Global Superconducting Wire Market Is Projected to Grow at a Substantial Rate by 2028 here

News-ID: 1579877 • Views:

More Releases from Superconducting Wire Market

Superconducting Wire Market Size 2017-22: Supercon, Fujikura, Superox, Furukawa Electric, Bruker
Superconducting Wire Market Size 2017-22: Supercon, Fujikura, Superox, Furukawa …
Superconducting Wire Market Research 2017 A market study ” Global Superconducting Wire Market ” examines the performance of the Superconducting Wire market 2017. It encloses an in-depth Research of the Superconducting Wire market state and the competitive landscape globally. This report analyzes the potential of Superconducting Wire market in the present and the future prospects from various angles in detail. The Global Superconducting Wire Market 2017 report includes Superconducting Wire market Revenue,

More Releases for Supercon

Niobium-Titanium Alloy Superconductor Market: 2029 Vision: Consumption, Sales, a …
This research study presents a comprehensive compilation of insightful findings concerning key aspects of the global Niobium-Titanium Alloy Superconductor industry, impacting its growth trajectory over the forecast period from 2023 to 2029. The report sheds light on the evolving sales trends of various tech products across different regions and countries, highlighting both growth and decline. A detailed regional analysis is a crucial part of this Niobium-Titanium Alloy Superconductor report, offering
NbTi Superconducting Alloy Market to 2026 - Luvata, American Elements, Supercon, …
This NbTi Superconducting Alloy Market research report is a rigorous analysis of the existing scenario of the market, which covers several market dynamics. With full devotion, the superior, transparent, and all-inclusive market report is offered to the client that extends their reach to success. All the data, information, statistics, facts, and figures mentioned in this report are very significant to the businesses when it comes to defining the strategies for
Superconducting Wire Market May Set New Growth Story | Bruker, Sumitomo Electric …
The up-to-date coverage of the latest report Superconducting Wire Market provides a detailed synopsis as well as a consistent evaluation of accurate revenue over the forecasted timespan. Current trends, industry analysis, and growth development represented in the report are of great help for the new industry players entering the market. This market research report includes an in-depth analysis of global and regional markets with the understanding given for variation in
Global Superconducting Wire Market Business Strategies For 2020 | Key Players : …
The research report titled “Superconducting Wire Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024” and published by “Zion Market Research” is an in-depth and dedicated scrutiny of the existing stats of the global Superconducting Wire market entailing the numerous facets pertinent to statistics and growth of the business. The report segregated into diverse sections to simplify the comprehension of the included data and thus, market dynamics. It
Global Superconducting Wire Market 2020 | Superconductor Technologies Inc., Japa …
The Global Superconducting Wire Market report focuses market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Superconducting Wire Market development in worldwide. The report offers a precise evaluation of market size, share, demand, revenue, and growth rates. It presents current trends in the global market and projects the revenue and potential developments of key players. The report contains reviews of the
Superconducting Wire Market Trends and Prospects 2017-2025 : Japan Superconducto …
Global Superconducting Wire Market: Overview Superconducting wires are made up of superconducting materials which, when cooled below a certain temperature (transition temperature), exhibit zero electrical resistance. The superconductor material used is usually in the form of filament and theoretically allows the persistent flow of electric current across any loop of superconductor wire. Superconductor magnets find extensive applications in MRI/NMR machines, mass spectrometers, and in particle accelerators as beam-steering magnets. Recent