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Superconducting Cables Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Nexans, AMSC, MetOx, Furukawa Electric

08 Jan, 2020 | 118 Pages
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Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the global size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of  4.80% during the review period (2022 to 2027)



Superconducting Cables Market Overview



The global Superconducting Cables marketplace is projected to grow at a high rate during the forecast period as many projects related to superconducting Cables are going across globe. For instance, The South Korean Electric company has ordered over 3000km of wire from American superconductor and has used it to build a 12 km line successively into the suburbs of Seoul. There is great potential in the developing superconductor for various practical requests areas such as magnetic resonance imaging (MRI), fault current limiters, power cables, motors, generators, magnetic separators, transformers.



Growing demand for superconductor-based MRI system and advancement in computer chip designing technology leading to higher demand for superconductors are the major drivers for the growth of the global superconducting cables market. Moreover, these superconducting power transmission cables are compact and can transmit a large amount of electric power. Superconducting cabless can be used for various applications including high field magnet applications and nuclear magnetic resonance (NMR) & magnetic resonance imaging (MRI) magnets.



Who are the Major Players in Superconducting Cables Market?



Top Key players in the Superconducting Cables Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Superconducting Cables Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Furukawa Electric Co., Ltd. (Tokyo:5801.T), MetOx Technologies, Inc., Bruker Corporation (NasdaqGS:BRKR),American Superconductor Corporation (NasdaqGS:AMSC) , LUVATA, PJSC FGC UES, LS Cable & System Ltd., Advanced Conductor Technologies LLC, NEXANS, NKT A/S



Industry News -



April 18, 2022: Furukawa Electric Co., Ltd. selected for the FTSE Blossom Japan Sector Relative Index.



The FTSE Blossom Japan Sector Relative Index is an index created by global index provider FTSE Russell, which reflects the performance of Japanese companies that demonstrate outstanding Environmental, Social and Governance (ESG) practices relative to their respective sectors and is designed to be sector neutral



02/23/2022: MetOx Technologies, Inc., a specialist in the manufacture of superconductor wires Key technology for the energy supply of the future Proprietary vacuum coating technology is central to industrial production of superconductors Investment amount is in the low single-digit million-dollar range



What are the major Applications, Types and Regions for Superconducting Cables Market?



Superconducting Cables Market is segmented based on the type, applications, companies and regions.



By Type, Superconducting Cables Market has been segmented into 




  • YBCO Cables

  • Bi-2212 Cables

  • Bi2223 Cables

  • Others



The end user’s industry application on Superconducting Cables Market is, 




  • Grid and Smart Grid

  • Industrial Applications

  • Others



Regional Analysis -



The North America superconducting wire market is projected to grow at the highest CAGR from 2022 to 2027. The region has been very active in the field of superconductivity since the beginning and is continuously making improvements in this technology to make it more feasible for the practical use. Massachusetts Institute of Technology in the U.S. which have made several breakthroughs in superconductor technologies for medical, energy, and industrial applications




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  •       Rest of the World

    • Middle East & Africa

    • Latin America





What is our Superconducting Cables Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2028 CAGR



CAGR of 4.80% during the review period (2022 to 2027).



By Type




  • YBCO Cables

  • Bi-2212 Cables

  • Bi2223 Cables

  • Others



 



By Application



 




  • Grid and Smart Grid

  • Industrial Applications

  • Others



By Companies



Furukawa Electric, MetOx Technologies, Inc., Bruker, American Superconductor (AMSC), LUVATA, PJSC FGC UES, LS Cable & System Ltd., Advanced Conductor Technologies LLC



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



           



                 118



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Superconducting Cables Report




  • Evaluate Superconducting Cables market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Superconducting Cables market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.



All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.



Frequently Asked Question -



 



What is hypothetical to drive the growth of the superconducting wire market?



The superconducting wire market is likely to exploit on the rising reserves in doings in the field of superconductivity.



What CAGR is probable for the global superconducting wire market?



The superconducting wire market is expected to market 4.80% CAGR.



What are the segments recognized on the basis of type?



The segments known on the basis of type are low & medium temperature superconductors and high temperature superconductors.



Who are the key contributors to the superconducting wire market?



American Superconductor Corporation, Furukawa Electric Co., Ltd., Fujikura Ltd., Superconductor Technologies Inc., Eaton, Bruker Corporation, Phoenix Contact, Sumitomo Electric Industries, Theva Dunnschichttechnik GmbH, Superox, Japan Superconductor, and Fuji Electric.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      • SECONDARY RESEARCH

      • PRIMARY RESEARCH

      • SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      • DATA TRIANGULATION

      • BOTTOM-UP APPROACH

      • TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL SUPERCONDUCTING CABLES MARKET BY TYPE

    3. GLOBAL SUPERCONDUCTING CABLES MARKET BY APPLICTAION



  4. SUPERCONDUCTING CABLES MARKET DYNAMICS

    1. DRIVERS

    2. INCREASING LENSMETER MARKET

    3. RESTRAINTS

      • STRINGENT ENVIRONMENTAL REGUALTIONS

      • HIGH COST ON MATERIALS



    4. OPPORTUNITIES

      • LENSMETER MARKETGROWTH



    5. APPLICATION OF SUPERCONDUCTING CABLES MARKET MARKETIMPACT OF COVID 19



  5. GLOBAL SUPERCONDUCTING CABLES MARKE, BY TYPE

    1. INTRODUCTION

    2. YBCO CABLES

    3. BI-2212 CABLES

    4. BI2223 CABLES

    5. OTHERS



  6. GLOBAL SUPERCONDUCTING CABLES MARKET BY APPLICATION

    1. INTRODUCTION

    2. GRID AND SMART GRID

    3. INDUSTRIAL APPLICATIONS

    4. OTHERS



  7. GLOBAL SUPERCONDUCTING CABLES MARKET BY REGION

    1. NORTH AMERICA

      • US

      • CANADA

      • MEXICO



    2. EUROPE

      • GERMANY

      • FRANCE

      • UK

      • ITALY

      • RUSSIA

      • REST OF EUROPE



    3. APAC

      • CHINA

      • SOUTH KOREA

      • JAPAN

      • INDIA

      • AUSTRALIA

      • ASEAN

      • REST OF APAC



    4. MIDDLE EAST & AFRICA

      • SAUDI ARABIA

      • UAE

      • SOUTH AFRICA

      • TURKEY

      • REST OF MEA



    5. SOUTH AMERICA

      • BRAZIL

      • REST OF MEA

      • ARGENTINA

      • REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      • KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    • BUSINESS OVERVIEW

    • COMPANY SNAPSHOT

    • PRODUCT BENCHMARKING

    • STRATEGIC INITIATIVES

      1. FURUKAWA ELECTRIC

      2. METOX TECHNOLOGIES

      3. BRUKER

      4. AMERICAN SUPERCONDUCTOR (AMSC)

      5. LUVATA

      6. PJSC FGC UES

      7. LS CABLE & SYSTEM LTD.

      8. ADVANCED CONDUCTOR TECHNOLOGIES LLC

      9. NEXANS

      10. NKT A/S





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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