Superconducting Wire Market

7500+ companies worldwide approach us every year for their revenue growth initiatives
Global top 2000 strategist rely on us for their growth strategies.
80% of fortune 2000 companies rely on our research to identify new revenue sources.
30000 High Growth Opportunities
95% renewal rate
KNOW MORE
  1. HOME
  2. Top Market Reports
  3. Superconducting Wire Market

Superconducting Wire Market by Type (Low-temperature Superconductor, Medium-temperature Superconductor, High-temperature Superconductor), End User (Energy, Medical, Transportation, Research), Sales Channel and Region - Global Forecast to 2028

FREE BROCHURE FREE SAMPLE REPORT
Report Code: EP 4982 Feb, 2023, by marketsandmarkets.com

[179 Pages Report] The global superconducting wire market is estimated to grow from USD 1.1 billion in 2023 to USD 1.7 billion by 2028. It is expected to record a CAGR of 9.2% during the forecast period. Rising implementation of superconducting wire over conventional wires, and expansion of offshore wind farms using superconducting technologies are the major driving factor for the superconducting wire market.

Superconducting Wire Market

To know about the assumptions considered for the study, Request for Free Sample Report

Superconducting Wire Market Dynamics

Driver: Rising implementation of superconducting wires over conventional wires

Superconductivity has been proven to reduce energy losses for transmitting a large amount of energy over long distances with smaller infrastructure development than conventional wire setups. High-temperature superconducting wires in cables, fault current limiters, transformers, and generators have made it possible to ensure minimum losses while transferring power compared to conventional wires. Superconductors also save capital investments required for building overhead transmission systems and electromagnetic interferences, which are necessary for conventional wires, as high-temperature superconducting wires are laid on or below ground.

Countries are planning to upgrade their power transmission infrastructures with superconducting cables to minimize energy and monetary losses during power transmission by conventional wires. Furthermore, the use of low-temperature superconductors in MRI and NMR systems is projected to enhance image clarity, compared to their conventional counterparts, owing to the higher field strength. With the increasing population, the requirement for energy-efficient and fast public modes of transportation has witnessed healthy growth. The development of MagLev trains and the utility of high-temperature superconducting wires for these trains is expected to propel development in the future. Low-temperature superconducting wires are also used in nuclear fusion reactors and particle accelerators to ensure that the energy particles do not hit the reactor walls, as they tend to have a greater magnetic field than conventional wires. Many projects have been initiated globally to research and develop superconducting wires in different applications.

Restraint: Lack of technical know-how related to superconducting technology

Most of the power transmission lines worldwide are equipped with conventional wiring. Superconducting wires are still undergoing constant research and development to achieve the required cost-efficiency and economies of scale. They have a low market penetration. Moreover, there is a lack of expertise in maintenance and technical know-how related to superconducting technology in the energy sector. Due to the above factors, the government of several countries and some private players are reluctant to invest and adopt this technology, leading to slowed demand in the market. Furthermore, most of the applications, such as Maglev, fusion reactors, airborne generators, rocket propulsion, high-field magnets, and generators, are still in the initial product development phase with high efforts in the discovery of new superconducting materials.The lack of user experience in superconducting wires is hampering their reliability.

Opportunities: Increasing research investments for superconducting wires

There is extensive research going on in the field of superconductors. Superconductors have found multiple applications, such as nuclear energy, medical diagnostics, and transportation. Multiple nuclear energy-related projects involving the development of particle accelerators and nuclear reactors are ongoing in various parts of the world, such as Europe, the US, and Japan. One of the largest energy projects is the International Thermonuclear Experimental Reactor (ITER) in France, which has a massive requirement for superconducting wire for the coil magnet. Its success can lead to the development of more fusion reactors across the world, leading to high demand for superconductors for this application. In recent times, research investment in utilizing superconducting wires in electric vehicles has also increased. For instance, in June 2022, Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) announced the development of a prototype superconducting motor using superconducting wires to meet the needs of the mobility sector. This superconducting motor has a maximum output of 2 MW, is lightweight, has high-output density and high-speed rotation, and can be used for large mobility applications. The company anticipated commercializing this technology by the late 2020s. Other research and development efforts in Magnetic levitation for the transportation and medical sectors are also anticipated to provide lucrative opportunities for the market players during the forecast period.

Challenges: High manufacturing costs of superconductors

The cost of manufacturing superconductors is very high due to their material composition, making it commercially unviable, leaving less possibility of commercial application, and limiting it to a niche market. Presently, high-temperature superconductors cost extremely high compared with low- and medium-temperature superconductors. Reducing this cost is a major challenge faced by the manufacturers, which has limited the number of buyers in the market, reducing the ability to achieve economy of scale. The discovery of new superconductors that can be mass manufactured at a low cost can reduce the costs of many superconducting equipment.

Furthermore, superconductors require the cryogenic system to ensure consistent cooling. Though the initial cost of low-temperature superconductors is comparatively low, they generally use helium cooling, enhancing their operational costs. On the other hand, high-temperature superconductors use nitrogen cooling, which is cheaper compared to helium. This leads to extra capital, operation, and maintenance costs for the end-users leading to lower demand. Reducing the cost of this cryogenic system is also a big challenge faced by the superconductor industry.

Market Trends

Superconducting Wire Market

To know about the assumptions considered for the study, download the pdf brochure

Low-temperature superconductor segment, by type, is expected to be the largest market during the forecast period

This report segments the superconducting wire market based on type into three types: low-temperature superconductor, medium-temperature superconductor, and high-temperature superconductor. The low-temperature superconductor is ecpected to be the largest market during the forecast period. Growing demand for superconductor-based magnetic resonance imaging (MRI) systems are expected to drive the market for low-temperature superconductor.

By End User, the energy segment is expected to be the fastest during the forecast period

This report segments the superconducting wire market based on end user into five segments: energy, medical, transportation, research, and others. Energy segment is expected to be the fastest segment during the forecast period. Expansion of offshore wind farms using superconducting technologies is expected to drive the market for energy segment.

“Europe”: The largest superconducting wire market”

Europe is expected to dominate the superconducting wire market between 2023–2028, followed by North America and Asia Pacific. Increasing investments in the nuclear fusion-based research, and growing efforts on decarbonization of the transportation sector, especially in Europe region is driving the market for this region.

Superconducting Wire Market Size, and Share

Key Market Players

The superconducting wire market is dominated by a few major players that have a wide regional presence. The major players in the superconducting wire market are Sumitomo Electric Industries, Ltd. (Japan), Fujikura Ltd. (Japan), Furukawa Electric Co., Ltd. (Japan), Bruker (US), and American Superconductor (US). Between 2018 and 2022, Strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions are followed by these companies to capture a larger share of the superconducting wire market.

Get online access to the report on the World's First Market Intelligence Cloud

  • Easy to Download Historical Data & Forecast Numbers
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
Request Sample
Click on image to enlarge

Scope of the Report

Report Metric

Details

Market size available for years

2020–2028

Base year considered

2022

Forecast period

2023–2028

Forecast units

Value (USD Million/Billion)

Segments covered

Superconducting wire market by type, end user, sales channel, and region.

Geographies covered

Asia Pacific, North America, Europe, and RoW

Companies covered

SUMITOMO ELECTRIC INDUSTRIES, LTD (Japan), Fujikura Ltd. (Japan), FURUKAWA ELECTRIC CO., LTD. (Japan), Bruker (U.S), AMERICAN SUPERCONDUCTOR (U.S), NEXANS (France), LS Cable & System Ltd. (South Korea), Kiswire Advanced Technology Co., Ltd. (South Korea), MetOx Technologies, Inc. (U.S), Sam Dong (South Korea), THEVA Dünnschichttechnik GmbH (Germany), Firmetal Group (China), SuperOx (Russia), ASG Superconductors spa (Italy), Supercon Inc. (U.S), Western Superconducting Technologies Co,Ltd. (China), Hyper Tech Research, Inc. (U.S), LUVATA (Finland), JAPAN SUPERCONDUCTOR TECHNOLOGY, INC. (JASTEC) (Japan), and AMPeers LLC (U.S)

This research report categorizes the superconducting wire market by type, end user, sales channel, and region.

On the basis of by type:
  • Low-temperatur superconductor (LTS)
  • Medium-temperature superconductor (MTS)
  • High-temperature superconductor (HTS)
On the basis of end user:
  • Medical
  • Energy
  • Transportation
  • Research
  • Others
On the basis of sales channel:
  • Direct
  • Indirect
On the basis of region:
  • Asia Pacific
  • Europe
  • North America
  • Rest of the World

Recent Developments

  • In December 2022, The Bruker Energy & Supercon Technologies (BEST) division of Bruker and RI Research Instruments GmbH (RI) received multi-year sales contracts to supply technology components for fusion projects in Europe and Asia. Bruker, through its BEST division, will provide its high-current density RRP superconductors for a tokamak fusion project in Asia.
  • In January 2022, American Superconductor announced that it has completed the delivery of its high-temperature superconductor (HTS)-based ship protection system to be deployed on the San Antonio class of amphibious transport dock ship USS Fort Lauderdale (LPD-28).
  • In August 2021, Commonwealth Edison (ComEd), a US-based electric utility, and American Superconductor announced the successful integration of American Superconductor's REG system, which utilizes high-temperature superconductor wire to enhance the reliability, resiliency, and performance of the electric power grid.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 20)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 INCLUSIONS AND EXCLUSIONS 
           1.3.1 SUPERCONDUCTING WIRE MARKET, BY TYPE: INCLUSIONS AND EXCLUSIONS
           1.3.2 SUPERCONDUCTING WIRE MARKET, BY END USER: INCLUSIONS AND EXCLUSIONS
           1.3.3 SUPERCONDUCTING WIRE MARKET, BY SALES CHANNEL: INCLUSIONS AND EXCLUSIONS
    1.4 MARKET SCOPE 
           1.4.1 MARKET SEGMENTATION
           1.4.2 REGIONAL SCOPE
           1.4.3 YEARS CONSIDERED
    1.5 UNITS CONSIDERED 
    1.6 CURRENCY CONSIDERED 
    1.7 LIMITATIONS 
    1.8 STAKEHOLDERS 
    1.9 SUMMARY OF CHANGES 
           1.9.1 RECESSION IMPACT
 
2 RESEARCH METHODOLOGY (Page No. - 26)
    2.1 RESEARCH DATA 
           FIGURE 1 SUPERCONDUCTING WIRE MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primaries
                               FIGURE 2 BREAKDOWN OF PRIMARIES
    2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 
           FIGURE 3 DATA TRIANGULATION
    2.3 SCOPE 
           FIGURE 4 MAIN METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR SUPERCONDUCTING WIRES
    2.4 MARKET SIZE ESTIMATION 
           2.4.1 BOTTOM-UP APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.4.2 TOP-DOWN APPROACH
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
           2.4.3 DEMAND-SIDE ANALYSIS
                    2.4.3.1 Regional analysis
                    2.4.3.2 Country-level analysis
                    2.4.3.3 Assumptions for demand-side analysis
           2.4.4 SUPPLY-SIDE ANALYSIS
                    FIGURE 7 KEY STEPS CONSIDERED TO ASSESS SUPPLY OF SUPERCONDUCTING WIRES
                    FIGURE 8 SUPERCONDUCTING WIRE MARKET: SUPPLY-SIDE ANALYSIS
                    2.4.4.1 Calculations for supply-side analysis
                               FIGURE 9 COMPANY REVENUE ANALYSIS, 2021
    2.5 FORECAST 
    2.6 RISK ASSESSMENT 
    2.7 RECESSION IMPACT 
 
3 EXECUTIVE SUMMARY (Page No. - 38)
    TABLE 1 SUPERCONDUCTING WIRE MARKET SNAPSHOT 
    FIGURE 10 LOW-TEMPERATURE SUPERCONDUCTOR (LTS) SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 
    FIGURE 11 MEDICAL SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 
    FIGURE 12 DIRECT SALES CHANNEL SEGMENT TO DOMINATE SUPERCONDUCTING WIRE MARKET DURING FORECAST PERIOD 
    FIGURE 13 EUROPE DOMINATED SUPERCONDUCTING WIRE MARKET IN 2022 
 
4 PREMIUM INSIGHTS (Page No. - 42)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SUPERCONDUCTING WIRE MARKET 
           FIGURE 14 GROWING INVESTMENTS IN DEVELOPMENT OF SUPERCONDUCTOR-BASED GENERATORS FOR ENERGY SECTOR
    4.2 SUPERCONDUCTING WIRE MARKET, BY TYPE 
           FIGURE 15 LOW-TEMPERATURE SUPERCONDUCTOR (LTS) SEGMENT TO DOMINATE SUPERCONDUCTING WIRE MARKET IN 2028
    4.3 SUPERCONDUCTING WIRE MARKET, BY END USER 
           FIGURE 16 MEDICAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2028
    4.4 SUPERCONDUCTING WIRE MARKET, BY SALES CHANNEL 
           FIGURE 17 DIRECT SALES CHANNEL SEGMENT TO HOLD LARGER SHARE OF SUPERCONDUCTING WIRE MARKET IN 2028
    4.5 SUPERCONDUCTING WIRE MARKET, BY REGION 
           FIGURE 18 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN SUPERCONDUCTING WIRE MARKET DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 45)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 19 SUPERCONDUCTING WIRE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Growing demand for superconductor-based magnetic resonance imaging (MRI) systems
                               TABLE 2 NUMBER OF MAGNETIC RESONANCE IMAGING (MRI) UNITS IN SELECTED COUNTRIES, 2019 (PER MILLION POPULATION)
                    5.2.1.2 Rising implementation of superconducting wires over conventional wires
                               FIGURE 20 PRESENT VALUE (PV) OF COST OVER ENTIRE LIFETIME FOR CONVENTIONAL AND HIGH-TEMPERATURE SUPERCONDUCTING SOLUTIONS
                    5.2.1.3 Expansion of offshore wind farms using superconducting technologies
                               FIGURE 21 GLOBAL NEW OFFSHORE WIND ENERGY INSTALLATIONS, 2006–2021 (MW)
           5.2.2 RESTRAINTS
                    5.2.2.1 High operating expenses at low voltage (power distribution)
                    5.2.2.2 Lack of technical know-how related to superconducting technology
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increased research and development (R&D) in medical and transportation sectors
                    5.2.3.2 Increasing research investments for superconducting wires
                               TABLE 3 MAJOR RESEARCH CENTERS WORKING ON SUPERCONDUCTING WIRES
           5.2.4 CHALLENGES
                    5.2.4.1 High manufacturing costs of superconductors
                    5.2.4.2 Lack of standard testing facilities for superconductors
    5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 
           5.3.1 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR SUPERCONDUCTING WIRE PROVIDERS
                    FIGURE 22 REVENUE SHIFT FOR SUPERCONDUCTING WIRE PROVIDERS
    5.4 MARKET MAP 
           FIGURE 23 SUPERCONDUCTING WIRE MARKET: MARKET MAP
           TABLE 4 SUPERCONDUCTING WIRE MARKET: ROLE IN ECOSYSTEM
    5.5 VALUE CHAIN ANALYSIS 
           FIGURE 24 SUPERCONDUCTING WIRE MARKET: VALUE CHAIN ANALYSIS
           5.5.1 RAW MATERIAL PROVIDERS/SUPPLIERS
                    FIGURE 25 GLOBAL NIOBIUM PRODUCTION TREND, 2017–2021
           5.5.2 SUPERCONDUCTING WIRE MANUFACTURERS
           5.5.3 DISTRIBUTORS (BUYERS)/END USERS
    5.6 TRADE ANALYSIS 
           FIGURE 26 IMPORT AND EXPORT DATA FOR HS CODE: 854419, 2016–2021 (USD BILLION)
           TABLE 5 TRADE DATA FOR HS CODE: 854419, 2016–2021 (USD BILLION)
    5.7 KEY CONFERENCES AND EVENTS, 2023–2024 
           TABLE 6 SUPERCONDUCTING WIRE MARKET: LIST OF CONFERENCES AND EVENTS
    5.8 TARIFFS, CODES, AND REGULATIONS 
           5.8.1 TARIFFS RELATED TO SUPERCONDUCTING WIRES
                    TABLE 7 TARIFFS FOR HS 854419 IN 2021
           5.8.2 CODES AND REGULATIONS RELATED TO SUPERCONDUCTING WIRES
                    TABLE 8 SUPERCONDUCTING WIRES: CODES AND REGULATIONS
           5.8.3 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 9 GLOBAL: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 12 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.9 PATENT ANALYSIS 
           TABLE 13 SUPERCONDUCTING WIRE MARKET: INNOVATIONS AND PATENT REGISTRATIONS
    5.10 PORTER’S FIVE FORCES ANALYSIS 
           FIGURE 27 SUPERCONDUCTING WIRE MARKET: PORTER’S FIVE FORCES ANALYSIS
           TABLE 14 SUPERCONDUCTING WIRE MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.10.1 THREAT OF SUBSTITUTES
           5.10.2 BARGAINING POWER OF SUPPLIERS
           5.10.3 BARGAINING POWER OF BUYERS
           5.10.4 THREAT OF NEW ENTRANTS
           5.10.5 INTENSITY OF COMPETITIVE RIVALRY
    5.11 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 28 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER
                    TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER (%)
           5.11.2 BUYING CRITERIA
                    FIGURE 29 KEY BUYING CRITERIA FOR END USER
                    TABLE 16 KEY BUYING CRITERIA, BY END USER
    5.12 AVERAGE SELLING PRICE (ASP) ANALYSIS 
                    FIGURE 30 AVERAGE SELLING PRICE OF DIFFERENT TYPES OF SUPERCONDUCTING WIRES OFFERED BY KEY PLAYERS
                    TABLE 17 AVERAGE SELLING PRICE OF DIFFERENT TYPES OF SUPERCONDUCTING WIRES OFFERED BY KEY PLAYERS (USD)
                    TABLE 18 PRICING ANALYSIS, BY REGION, 2021 AND 2025
                    FIGURE 31 PRICING ANALYSIS, BY REGION, 2021–2025
    5.13 CASE STUDY ANALYSIS 
           5.13.1 BRUKER SUPPLIES CHROMIUM-PLATED NIOBIUM-TIN STRAND SUPERCONDUCTING WIRES TO ITER PROJECT
                    5.13.1.1 Problem statement
                    5.13.1.2 Solution
           5.13.2 ENDESA USES SUPERPOWER INC.’S 2G HTS WIRE TO PROTECT GRID AGAINST SHORT CIRCUITS
                    5.13.2.1 Problem statement
                    5.13.2.2 Solution
    5.14 TECHNOLOGY ANALYSIS 
           5.14.1 LOW-TEMPERATURE SUPERCONDUCTOR (LTS)
           5.14.2 MEDIUM-TEMPERATURE SUPERCONDUCTOR (MTS)
           5.14.3 HIGH-TEMPERATURE SUPERCONDUCTOR (HTS)
 
6 SUPERCONDUCTING WIRE MARKET, BY TYPE (Page No. - 76)
    6.1 INTRODUCTION 
           FIGURE 32 LOW-TEMPERATURE SUPERCONDUCTOR (LTS) SEGMENT HELD LARGEST MARKET SHARE IN 2022
           TABLE 19 SUPERCONDUCTING WIRE MARKET, BY TYPE, 2020–2028 (USD MILLION)
    6.2 LOW-TEMPERATURE SUPERCONDUCTOR (LTS) 
           6.2.1 HIGH ADOPTION OF LOW-TEMPERATURE SUPERCONDUCTOR (LTS) WIRES IN MRI SCANNERS
                    TABLE 20 LTS: SUPERCONDUCTING WIRE MARKET, BY REGION, 2020–2028 (USD MILLION)
    6.3 MEDIUM-TEMPERATURE SUPERCONDUCTOR (MTS) 
           6.3.1 TECHNOLOGICAL ADVANCEMENTS IN MEDIUM-TEMPERATURE SUPERCONDUCTORS (MTSS)
                    TABLE 21 MTS: SUPERCONDUCTING WIRE MARKET, BY REGION, 2020–2028 (USD MILLION)
    6.4 HIGH-TEMPERATURE SUPERCONDUCTOR (HTS) 
           6.4.1 INCREASING RESEARCH AND DEVELOPMENT (R&D) ON HIGH-TEMPERATURE SUPERCONDUCTORS (HTSS)
                    TABLE 22 HTS: SUPERCONDUCTING WIRE MARKET, BY TYPE, 2020–2028 (USD MILLION)
                    TABLE 23 HTS: SUPERCONDUCTING WIRE MARKET, BY REGION, 2020–2028 (USD MILLION)
           6.4.2 FIRST-GENERATION HIGH-TEMPERATURE SUPERCONDUCTOR (HTS)
                    6.4.2.1 Reduced reliance on costly cryogenics of 1G HTSs
                               TABLE 24 FIRST-GENERATION HTS: SUPERCONDUCTING WIRE MARKET, BY REGION, 2020–2028 (USD MILLION)
           6.4.3 SECOND-GENERATION HIGH-TEMPERATURE SUPERCONDUCTOR (HTS)
                    6.4.3.1 Enhanced performance of 2G HTS
                               TABLE 25 SECOND-GENERATION HTS: SUPERCONDUCTING WIRE MARKET, BY REGION, 2020–2028 (USD MILLION)
 
7 SUPERCONDUCTING WIRE MARKET, BY END USER (Page No. - 82)
    7.1 INTRODUCTION 
           FIGURE 33 MEDICAL SEGMENT HELD LARGEST SHARE OF SUPERCONDUCTING WIRE MARKET IN 2022
           TABLE 26 SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
    7.2 ENERGY 
           7.2.1 GROWING AWARENESS REGARDING REDUCING POWER LOSSES USING SUPERCONDUCTORS IN POWER DISTRIBUTION FACILITIES
                    TABLE 27 ENERGY: SUPERCONDUCTING WIRE MARKET, BY REGION, 2020–2028 (USD MILLION)
    7.3 MEDICAL 
           7.3.1 TECHNOLOGICAL ADVANCEMENTS IN SUPERCONDUCTORS
                    TABLE 28 MEDICAL: SUPERCONDUCTING WIRE MARKET, BY REGION, 2020–2028 (USD MILLION)
    7.4 TRANSPORTATION 
           7.4.1 INCREASING RESEARCH AND DEVELOPMENT (R&D) IN MAGNETIC LEVITATION
                    TABLE 29 TRANSPORTATION: SUPERCONDUCTING WIRE MARKET, BY REGION, 2020–2028 (USD MILLION)
    7.5 RESEARCH 
           7.5.1 RISING NUMBER OF NUCLEAR FUSION PROJECTS
                    TABLE 30 RESEARCH: SUPERCONDUCTING WIRE MARKET, BY REGION, 2020–2028 (USD MILLION)
    7.6 OTHERS 
           TABLE 31 OTHERS: SUPERCONDUCTING WIRE MARKET, BY REGION, 2020–2028 (USD MILLION)
 
8 SUPERCONDUCTING WIRE MARKET, BY SALES CHANNEL (Page No. - 88)
    8.1 INTRODUCTION 
           FIGURE 34 DIRECT SALES CHANNEL SEGMENT HELD LARGER SHARE OF SUPERCONDUCTING WIRE MARKET IN 2022
           TABLE 32 SUPERCONDUCTING WIRE MARKET, BY SALES CHANNEL, 2020–2028 (USD MILLION)
    8.2 DIRECT SALES CHANNEL 
           8.2.1 HIGH CUSTOMIZATION REQUIREMENTS TO FUEL ADOPTION OF DIRECT SALES CHANNEL
                    TABLE 33 DIRECT SALES CHANNEL: SUPERCONDUCTING WIRE MARKET, BY REGION, 2020–2028 (USD MILLION)
    8.3 INDIRECT SALES CHANNEL 
           8.3.1 WIDE GEOGRAPHIC REACH OF LARGE CONGLOMERATES TO BOOST ADOPTION OF INDIRECT SALES CHANNELS
                    TABLE 34 INDIRECT SALES CHANNEL: SUPERCONDUCTING WIRE MARKET, BY REGION, 2020–2028 (USD MILLION)
 
9 SUPERCONDUCTING WIRE MARKET, BY REGION (Page No. - 91)
    9.1 INTRODUCTION 
           FIGURE 35 ASIA PACIFIC SUPERCONDUCTING WIRE MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
           FIGURE 36 EUROPE HELD LARGEST SHARE OF SUPERCONDUCTING WIRE MARKET IN 2022
           TABLE 35 SUPERCONDUCTING WIRE MARKET, BY REGION, 2020–2028 (USD MILLION)
           TABLE 36 SUPERCONDUCTING WIRE MARKET, BY REGION, 2020–2028 (KM VOLUME)
    9.2 EUROPE 
           FIGURE 37 EUROPE: SNAPSHOT OF SUPERCONDUCTING WIRE MARKET
           9.2.1 EUROPEAN SUPERCONDUCTING WIRE MARKET: RECESSION IMPACT
           9.2.2 BY TYPE
                    TABLE 37 EUROPE: SUPERCONDUCTING WIRE MARKET, BY TYPE, 2020–2028 (USD MILLION)
           9.2.3 BY HTS TYPE
                    TABLE 38 EUROPE: SUPERCONDUCTING WIRE MARKET, BY HTS TYPE, 2020–2028 (USD MILLION)
           9.2.4 BY END USER
                    TABLE 39 EUROPE: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
           9.2.5 BY SALES CHANNEL
                    TABLE 40 EUROPE: SUPERCONDUCTING WIRE MARKET, BY SALES CHANNEL, 2020–2028 (USD MILLION)
           9.2.6 BY COUNTRY
                    TABLE 41 EUROPE: SUPERCONDUCTING WIRE MARKET, BY COUNTRY, 2020–2028 (USD MILLION)
                    9.2.6.1 Germany
                               9.2.6.1.1 Investment plans in medical sector
                               TABLE 42 GERMANY: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
                    9.2.6.2 UK
                               9.2.6.2.1 Rising investments in green and nuclear energy projects and EV industry
                               TABLE 43 UK: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
                    9.2.6.3 Italy
                               9.2.6.3.1 Rising focus on development of research, transportation, and nuclear energy sectors
                               TABLE 44 ITALY: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
                    9.2.6.4 France
                               9.2.6.4.1 Rising initiatives for electrification of research and transportation sectors
                               TABLE 45 FRANCE: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
                    9.2.6.5 Switzerland
                               9.2.6.5.1 Rising investments in medical infrastructure development and transportation projects
                               TABLE 46 SWITZERLAND: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
                    9.2.6.6 Sweden
                               9.2.6.6.1 Increasing nuclear and medical infrastructure development
                               TABLE 47 SWEDEN: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
                    9.2.6.7 Rest of Europe
                               TABLE 48 REST OF EUROPE: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
    9.3 NORTH AMERICA 
           FIGURE 38 NORTH AMERICA: SNAPSHOT OF SUPERCONDUCTING WIRE MARKET
           9.3.1 NORTH AMERICAN SUPERCONDUCTING WIRE MARKET: RECESSION IMPACT
           9.3.2 BY TYPE
                    TABLE 49 NORTH AMERICA: SUPERCONDUCTING WIRE MARKET, BY TYPE, 2020–2028 (USD MILLION)
           9.3.3 BY HTS TYPE
                    TABLE 50 NORTH AMERICA: SUPERCONDUCTING WIRE MARKET FOR HTS, BY HTS TYPE, 2020–2028 (USD MILLION)
           9.3.4 BY END USER
                    TABLE 51 NORTH AMERICA: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
           9.3.5 BY SALES CHANNEL
                    TABLE 52 NORTH AMERICA: SUPERCONDUCTING WIRE MARKET, BY SALES CHANNEL, 2020–2028 (USD MILLION)
           9.3.6 BY COUNTRY
                    TABLE 53 NORTH AMERICA: SUPERCONDUCTING WIRE MARKET, BY COUNTRY, 2020–2028 (USD MILLION)
                    9.3.6.1 US
                               9.3.6.1.1 Investment plans to develop transmission and distribution infrastructure of energy industry
                               TABLE 54 US: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
                    9.3.6.2 Canada
                               9.3.6.2.1 Rising investments in development of medical infrastructure and nuclear energy projects
                               TABLE 55 CANADA: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
                    9.3.6.3 Mexico
                               9.3.6.3.1 Rising focus on decarbonization of transportation sector
                               TABLE 56 MEXICO: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
    9.4 ASIA PACIFIC 
           9.4.1 ASIA PACIFIC SUPERCONDUCTING WIRE MARKET: RECESSION IMPACT
           9.4.2 BY TYPE
                    TABLE 57 ASIA PACIFIC: SUPERCONDUCTING WIRE MARKET, BY TYPE, 2020–2028 (USD MILLION)
           9.4.3 BY HTS TYPE
                    TABLE 58 ASIA PACIFIC: SUPERCONDUCTING WIRE MARKET, BY HTS TYPE, 2020–2028 (USD MILLION)
           9.4.4 BY END USER
                    TABLE 59 ASIA PACIFIC: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
           9.4.5 BY SALES CHANNEL
                    TABLE 60 ASIA PACIFIC: SUPERCONDUCTING WIRE MARKET, BY SALES CHANNEL, 2020–2028 (USD MILLION)
           9.4.6 BY COUNTRY
                    TABLE 61 ASIA PACIFIC: SUPERCONDUCTING WIRE MARKET, BY COUNTRY, 2020–2028 (USD MILLION)
                    9.4.6.1 China
                               9.4.6.1.1 Massive developments in energy and transportation sectors
                               TABLE 62 CHINA: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
                    9.4.6.2 Japan
                               9.4.6.2.1 Rising investments in medical and nuclear energy projects
                               TABLE 63 JAPAN: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
                    9.4.6.3 India
                               9.4.6.3.1 Rising focus on development of automotive sector
                               TABLE 64 INDIA: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
                    9.4.6.4 Australia
                               9.4.6.4.1 Initiatives toward wind energy development
                               TABLE 65 AUSTRALIA: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
                    9.4.6.5 South Korea
                               9.4.6.5.1 Rising focus on energy infrastructure development
                               TABLE 66 SOUTH KOREA: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
                    9.4.6.6 New Zealand
                               9.4.6.6.1 Increasing medical infrastructure development investments
                               TABLE 67 NEW ZEALAND: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
                    9.4.6.7 Rest of Asia Pacific
                               TABLE 68 REST OF ASIA PACIFIC: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
    9.5 ROW 
           9.5.1 ROW SUPERCONDUCTING WIRE MARKET: RECESSION IMPACT
           9.5.2 BY TYPE
                    TABLE 69 ROW: SUPERCONDUCTING WIRE MARKET, BY TYPE, 2020–2028 (USD MILLION)
           9.5.3 BY HTS TYPE
                    TABLE 70 ROW: SUPERCONDUCTING WIRE MARKET, BY HTS TYPE, 2020–2028 (USD MILLION)
           9.5.4 BY END USER
                    TABLE 71 ROW: SUPERCONDUCTING WIRE MARKET, BY END USER, 2020–2028 (USD MILLION)
           9.5.5 BY SALES CHANNEL
                    TABLE 72 ROW: SUPERCONDUCTING WIRE MARKET, BY SALES CHANNEL, 2020–2028 (USD MILLION)
 
10 COMPETITIVE LANDSCAPE (Page No. - 116)
     10.1 KEY STRATEGIES ADOPTED BY TOP MARKET PLAYERS 
               TABLE 73 OVERVIEW OF KEY STRATEGIES ADOPTED BY TOP PLAYERS, 2018–2022
     10.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS 
               TABLE 74 SUPERCONDUCTING WIRE MARKET: DEGREE OF COMPETITION
               FIGURE 39 SUPERCONDUCTING WIRE MARKET SHARE ANALYSIS, 2021
     10.3 REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS 
               FIGURE 40 TOP FIVE PLAYERS IN SUPERCONDUCTING WIRE MARKET, 2017–2021
     10.4 COMPANY EVALUATION QUADRANT, 2021 
             10.4.1 STARS
             10.4.2 PERVASIVE PLAYERS
             10.4.3 EMERGING LEADERS
             10.4.4 PARTICIPANTS
                       FIGURE 41 SUPERCONDUCTING WIRE MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2021
     10.5 STARTUP/SME EVALUATION QUADRANT, 2021 
             10.5.1 PROGRESSIVE COMPANIES
             10.5.2 RESPONSIVE COMPANIES
             10.5.3 DYNAMIC COMPANIES
             10.5.4 STARTING BLOCKS
                       FIGURE 42 SUPERCONDUCTING WIRE MARKET: STARTUP/SME EVALUATION QUADRANT, 2021
     10.6 COMPETITIVE BENCHMARKING 
               TABLE 75 SUPERCONDUCTING WIRE MARKET: DETAILED LIST OF KEY STARTUPS/SMES
               TABLE 76 SUPERCONDUCTING WIRE MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
     10.7 SUPERCONDUCTING WIRE MARKET: COMPANY FOOTPRINT 
               TABLE 77 TYPE: COMPANY FOOTPRINT
               TABLE 78 END USER: COMPANY FOOTPRINT
               TABLE 79 SALES CHANNEL: COMPANY FOOTPRINT
               TABLE 80 REGION: COMPANY FOOTPRINT
               TABLE 81 COMPANY FOOTPRINT
     10.8 COMPETITIVE SCENARIO 
               TABLE 82 SUPERCONDUCTING WIRE MARKET: PRODUCT LAUNCHES, JANUARY 2019–JANUARY 2023
               TABLE 83 SUPERCONDUCTING WIRE MARKET: OTHERS, JANUARY 2019–JANUARY 2023
 
11 COMPANY PROFILES (Page No. - 131)
(Business overview, Products/Solutions/Services offered, Recent developments & MnM View)*
     11.1 KEY PLAYERS 
             11.1.1 SUMITOMO ELECTRIC INDUSTRIES, LTD.
                       TABLE 84 SUMITOMO ELECTRIC INDUSTRIES, LTD.: COMPANY OVERVIEW
                       FIGURE 43 SUMITOMO ELECTRIC INDUSTRIES, LTD.: COMPANY SNAPSHOT
                       TABLE 85 SUMITOMO ELECTRIC INDUSTRIES, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             11.1.2 FUJIKURA LTD.
                       TABLE 86 FUJIKURA LTD.: COMPANY OVERVIEW
                       FIGURE 44 FUJIKURA LTD.: COMPANY SNAPSHOT
                       TABLE 87 FUJIKURA LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 88 FUJIKURA LTD.: PRODUCT LAUNCHES
             11.1.3 FURUKAWA ELECTRIC CO., LTD.
                       TABLE 89 FURUKAWA ELECTRIC CO., LTD.: COMPANY OVERVIEW
                       FIGURE 45 FURUKAWA ELECTRIC CO., LTD.: COMPANY SNAPSHOT
                       TABLE 90 FURUKAWA ELECTRIC CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 91 FURUKAWA ELECTRIC CO., LTD.: OTHERS
             11.1.4 BRUKER
                       TABLE 92 BRUKER GROUP: BUSINESS OVERVIEW
                       FIGURE 46 BRUKER: COMPANY SNAPSHOT
                       TABLE 93 BRUKER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 94 BRUKER: OTHERS
             11.1.5 AMERICAN SUPERCONDUCTOR
                       TABLE 95 AMERICAN SUPERCONDUCTOR: COMPANY OVERVIEW
                       FIGURE 47 AMERICAN SUPERCONDUCTOR: COMPANY SNAPSHOT
                       TABLE 96 AMERICAN SUPERCONDUCTOR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 97 AMERICAN SUPERCONDUCTOR: OTHERS
             11.1.6 NEXANS
                       TABLE 98 NEXANS: COMPANY OVERVIEW
                       FIGURE 48 NEXANS: COMPANY SNAPSHOT
                       TABLE 99 NEXANS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 100 NEXANS: OTHERS
             11.1.7 LS CABLE & SYSTEM LTD.
                       TABLE 101 LS CABLE & SYSTEM LTD.: COMPANY OVERVIEW
                       FIGURE 49 LS CABLE & SYSTEM LTD.: COMPANY SNAPSHOT, 2021
                       TABLE 102 LS CABLE & SYSTEM LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 103 LS CABLE & SYSTEM LTD.: PRODUCT LAUNCHES
                       TABLE 104 LS CABLE & SYSTEM LTD.: DEALS
             11.1.8 KISWIRE ADVANCED TECHNOLOGY CO., LTD.
                       TABLE 105 KISWIRE ADVANCED TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
                       TABLE 106 KISWIRE ADVANCED TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 107 KISWIRE ADVANCED TECHNOLOGY CO., LTD.: OTHERS
             11.1.9 METOX TECHNOLOGIES, INC.
                       TABLE 108 METOX TECHNOLOGIES, INC.: COMPANY OVERVIEW
                       TABLE 109 METOX TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             11.1.10 SAM DONG
                       TABLE 110 SAM DONG: COMPANY OVERVIEW
                       TABLE 111 SAM DONG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             11.1.11 THEVA DÜNNSCHICHTTECHNIK GMBH
                       TABLE 112 THEVA DÜNNSCHICHTTECHNIK GMBH: COMPANY OVERVIEW
                       TABLE 113 THEVA DÜNNSCHICHTTECHNIK GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 114 THEVA DÜNNSCHICHTTECHNIK GMBH: PRODUCT LAUNCHES
                       TABLE 115 THEVA DÜNNSCHICHTTECHNIK GMBH: DEALS
                       TABLE 116 THEVA DÜNNSCHICHTTECHNIK GMBH: OTHERS
             11.1.12 FIRMETAL GROUP
                       TABLE 117 FIRMETAL GROUP: COMPANY OVERVIEW
                       TABLE 118 FIRMETAL GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             11.1.13 SUPEROX
                       TABLE 119 SUPEROX: COMPANY OVERVIEW
                       TABLE 120 SUPEROX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             11.1.14 ASG SUPERCONDUCTORS S.P.A.
                       TABLE 121 ASG SUPERCONDUCTORS S.P.A.: COMPANY OVERVIEW
                       TABLE 122 ASG SUPERCONDUCTORS S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 123 ASG SUPERCONDUCTORS S.P.A.: DEALS
                       TABLE 124 ASG SUPERCONDUCTORS S.P.A.: OTHERS
             11.1.15 SUPERCON, INC.
                       TABLE 125 SUPERCON, INC.: COMPANY OVERVIEW
                       TABLE 126 SUPERCON, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
     11.2 OTHER PLAYERS 
             11.2.1 WESTERN SUPERCONDUCTING TECHNOLOGIES CO., LTD.
                       TABLE 127 WESTERN SUPERCONDUCTING TECHNOLOGIES CO., LTD.: COMPANY OVERVIEW
                       TABLE 128 WESTERN SUPERCONDUCTING TECHNOLOGIES CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             11.2.2 LUVATA
                       TABLE 129 LUVATA: COMPANY OVERVIEW
                       TABLE 130 LUVATA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 131 LUVATA: OTHERS
             11.2.3 JAPAN SUPERCONDUCTOR TECHNOLOGY, INC. (JASTEC)
                       TABLE 132 JAPAN SUPERCONDUCTOR TECHNOLOGY, INC. (JASTEC): COMPANY OVERVIEW
                       TABLE 133 JAPAN SUPERCONDUCTOR TECHNOLOGY, INC. (JASTEC): PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 134 JAPAN SUPERCONDUCTOR TECHNOLOGY, INC. (JASTEC): DEALS
             11.2.4 HYPER TECH RESEARCH, INC.
                       TABLE 135 HYPER TECH RESEARCH, INC.: COMPANY OVERVIEW
                       TABLE 136 HYPER TECH RESEARCH, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             11.2.5 AMPEERS LLC
                       TABLE 137 AMPEERS LLC: COMPANY OVERVIEW
                       TABLE 138 AMPEERS LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
*Details on Business overview, Products/Solutions/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
 
12 APPENDIX (Page No. - 171)
     12.1 INSIGHTS FROM INDUSTRY EXPERTS 
     12.2 DISCUSSION GUIDE 
     12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     12.4 CUSTOMIZATION OPTIONS 
     12.5 RELATED REPORTS 
     12.6 AUTHOR DETAILS 

The study involved major activities in estimating the current size of the superconducting wire market. Exhaustive secondary research was done to collect information on the peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of the segments and subsegments.

Secondary Research

This research study on the superconducting wire market involved the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg, Businessweek, Factiva, International Energy Agency, and BP Statistical Review of World Energy, to identify and collect information useful for a technical, market-oriented, and commercial study of the superconducting wire market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research

The superconducting wire market comprises several stakeholders such as superconducting wire manufacturers, manufacturing technology providers, and technical support providers in the supply chain. The demand side of this market is characterized by the rising demand for superconducting wire in, energy, medical, transportation, research, and other end-user industries. The supply side is characterized by rising demand for contracts from the industrial sector, and mergers & acquisitions among big players. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:

Superconducting Wire Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the superconducting wire market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and market have been identified through extensive secondary research, and their market share in the respective regions have been determined through both primary and secondary research.
  • The industry’s value chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Superconducting wire Market Size: Bottom-Up Approach

Superconducting Wire Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments, the data triangulation and market breakdown processes have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand- and supply sides. Along with this, the market has been validated using both the top-down and bottom-up approaches.

Objectives of the Study

  • To define, describe, segment, and forecast the superconducting wire market based on type, end user, sales channel, and region.
  • To provide detailed information on the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micromarkets1 with respect to individual growth trends, future expansions, and the contribution to the market
  • To analyze market opportunities for stakeholders and details of the competitive landscape for market leaders
  • To forecast the growth of the superconducting wire market with respect to the main regions (Asia Pacific, Europe, North America, and RoW)
  • To strategically profile key players and comprehensively analyze their market rankings and core competencies2
  • To track and analyze competitive developments in the superconducting wire market, such as contracts & agreements, investments & expansions, new product developments, and mergers & acquisitions

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product Matrix, which provides a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analyses and profiling of additional market players
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Request Customization

Instant Answers with GPT - Ask Now!

Ask real questions. Get complete answers !
Report Code
EP 4982
Published ON
Feb, 2023
REQUEST FREE SAMPLE REPORT
Choose License Type
BUY NOW
Inquire Before Buying
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Superconducting Wire Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback