Global Superconductor Market Growth 2023-2029

Global Superconductor Market Growth 2023-2029

Superconductor is a material that can conduct electricity or transport electrons from one atom to another with no resistance. This means no heat, sound or any other form of energy would be released from the material when it has reached "critical temperature" (Tc), or the temperature at which the material becomes superconductive. However, most materials must be in an extremely low energy state (very cold) in order to become superconductive.
LPI (LP Information)' newest research report, the “Superconductor Industry Forecast” looks at past sales and reviews total world Superconductor sales in 2022, providing a comprehensive analysis by region and market sector of projected Superconductor sales for 2023 through 2029. With Superconductor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Superconductor industry.
This Insight Report provides a comprehensive analysis of the global Superconductor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Superconductor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Superconductor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Superconductor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Superconductor.
The global Superconductor market size is projected to grow from US$ 699.4 million in 2022 to US$ 790.5 million in 2029; it is expected to grow at a CAGR of 790.5 from 2023 to 2029.
Global Superconductor key players include Luvata, Bruker, Furukawa, Sumitomo, Jastec, etc. Global top five manufacturers hold a share about 80%. Europe is the largest market, with a share about 40%, followed by North America and Japan, both with a share about 30 percent. In terms of product, LTS is the largest segment, with a share about 95%. And in terms of application, the largest application is Electrical Equipment, followed by Medical Equipment, Big Science Project, Defense & Military, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Superconductor market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
LTS
HTS
Segmentation by application
Electrical Equipment
Medical Equipment
Big Science Project
Defense and Military
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AMSC
Furukawa
Bruker
Luvata
Fujikura
Sumitomo
SuNam
Western Superconducting
SHSC
Innost
Jastec
Key Questions Addressed in this Report
What is the 10-year outlook for the global Superconductor market?
What factors are driving Superconductor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Superconductor market opportunities vary by end market size?
How does Superconductor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.