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Superconducting Wire - Global Market Trajectory & Analytics

  • ID: 4806314
  • Report
  • May 2020
  • Region: Global
  • 224 pages
  • Global Industry Analysts, Inc
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The global market for Superconducting Wire will reach US$1. 4 billion by 2027 as energy demand pickup pace in the post COVID-19 period and efforts are gradually refocused on energy efficiency and sustainability. An important part of energy sustainability is the lossless energy transport enabled by zero electrical resistance superconducting power lines. Although the COVID-19 pandemic will derail growth in the immediate term as the energy sector chokes amid lockdown led plummeting energy consumption rates and fears of a looming global recession, the long-term growth fundamentals nevertheless remains secure tied to a sustainable future. The state of losslessness was always an elusive goal of research on electrical conductivity until the discovery of superconductivity. Defined as a material that conducts electricity in a manner that allows free flow of electricity from one atom to another without resistance and without generation of heat, superconductors are a breakthrough in the field of electrical conductivity. They represent perfect manifestation of macroscopic quantum phenomena. Promising features of superconductivity comprise flux quantization, perfect diamagnetism, perfect conductivity as well as the Josephson Effect. The zero electrical resistance of superconductors makes the technology attractive for a wide range of applications. The zero electrical resistance implies that superconductors generate no heat, sound or any other emissions and are therefore environment friendly. The technology is therefore generating immense interest in potential application areas such as generators, motors, and power transmission lines. In the field of electricity transmission, superconductor cables flaunt the capacity to transport high current densities by over 7 times as compared to current copper transmission lines and technology. They enable the much awaited ability to increase power without higher voltages, and without generating hazardous electromagnetic interference.

With governments` worldwide shedding strong focus on smart city initiatives, superconducting power lines are forecast to receive their fair share of publicity given their ability to significantly reduce transmission losses, and provide cheap and adequate power to cities. Superconducting power lines eliminate the need to dig up streets for underground conduits and/or acquiring property for laying underground transmission lines. The ability to retrofit existing conduits with superconducting cables provides huge infrastructure cost savings for governments already burdened with financial deficits. The technology also holds the potential to develop motors and generators that are lighter, smaller and energy efficient. Continuous technology development and the incredible pace of advancements have helped push superconductor performance limits including their ability to operate at extremely high higher temperatures and magnetic fields. In the electronics industry, the superior benefits of superconductors promise a possible replacement of the conventional copper wire with superconductor wire. The rise of high temperature semiconductors and electronics and the resulting design and reliability challenges will positively benefit the use of superconductors in the field of semiconductors. Already being commercialized are superconductor wires manufactured from Nb3Sn (niobium-tin) and NbTi (niobium-titanium). Doping-induced superconductivity in covalent semiconductors also represents a key trend benefiting growth prospects in this space.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
Superconductors: The Greatest Scientific Discovery of the 21st Century
An Introduction to Superconducting Wire
Definition
Types of Superconducting Wires
Key Application Sectors of Superconducting Wire
Superconducting Wires: Current Market Scenario and Outlook
Recent Market Activity
High Temperature Superconducting (HTS) Wire: Major Product Segment
Low & Medium Temperature Superconductors Remain in Contention
Market Analysis by Region: Developed Regions, the Prime Revenue Contributors
EXHIBIT: Percentage Breakdown of Value Sales for Developed and Developing Regions (2020 & 2027)
Developing Regions: Hot Spots for Future Growth
EXHIBIT: Global Superconducting Wire Market - Geographic Regions Ranked by % CAGR (Sales) for 2020-2027
Competitive Scenario

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Growth Opportunities in Medical, Electronics & Communication, Industrial Processing and Research Steer Market Growth
The Aging and Heavily Burdened Electric Power Infrastructure Welcomes the Emergence of Superconductors and Superconducting Wires
EXHIBIT: Spiraling Increase in Energy Demand Spurs Interest in Sustainable & Lossless Energy Transport Enabled by Zero Electrical Resistance Superconducting Power Lines: World Energy Consumption (in Quadrillion BTU) for the Years 2016, 2020, 2030 & 2040
EXHIBIT: High Electricity Transmission & Distribution (T&D) Losses Brings Superconducting Power Lines Into the Spotlight for Resource Wastage Mitigation: World T&D Losses as a % of Total Energy Generated in Select Countries
Superconducting Wires Make a Sizable Impact on the Electrical Motor Market
Growing Demand for Superconductors for Computer Chip Designing Technology in Electronics Sector
Growth in Demand for Superconducting Wires in Particle Accelerator and Mass Spectrometers Propel Growth
Rising Demand for Superconductors for MRI System in Medical Sector Propels the Market
Introduction of Ultra-Low Field Magnetic Resonance Imaging (ULF-MRI) to Spur Superconducting Magnet Demand
EXHIBIT: Growing MRI Machine Availability in the Healthcare Sector Spurs Upstream Opportunities for Superconductors in the Production of MRI Machines: MRI Machines Per Million People in Select Countries
Increase in Demand for Efficient Electric Motors for the Medical Industry Drive Growth
Select Technology and Superconducting Material Innovations
High Raw Material and Manufacturing Costs Pose Challenge to the Industry

4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Superconducting Wire Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 2: Superconducting Wire Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: High Temperature (Type) World Market by Region/Country in US$ Thousand: 2020 to 2027
TABLE 4: High Temperature (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
TABLE 5: Low & Medium Temperature (Type) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
TABLE 6: Low & Medium Temperature (Type) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
TABLE 7: Research (Application) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 8: Research (Application) Market Share Breakdown by Region/Country: 2020 VS 2027
TABLE 9: Energy (Application) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027
TABLE 10: Energy (Application) Share Breakdown Review by Region/Country: 2020 VS 2027
TABLE 11: Medical (Application) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 12: Medical (Application) Distribution of Global Sales by Region/Country: 2020 VS 2027
TABLE 13: Industrial (Application) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2020 through 2027
TABLE 14: Industrial (Application) Global Market Share Distribution by Region/Country for 2020 and 2027
TABLE 15: Other Applications (Application) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
TABLE 16: Other Applications (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Overview
2GHTS Seeks to Emerge as Mainstream Technology
US Department of Energy Strides Towards Enhanced Utility Infrastructure
Superconductors Gain Critical Importance in MRI
Market Analytics
TABLE 17: United States Superconducting Wire Market Estimates and Projections in US$ Thousand by Type: 2020 to 2027
TABLE 18: United States Superconducting Wire Market Share Breakdown by Type: 2020 VS 2027
TABLE 19: United States Superconducting Wire Latent Demand Forecasts in US$ Thousand by Application: 2020 to 2027
TABLE 20: Superconducting Wire Market Share Breakdown in the United States by Application: 2020 VS 2027
CANADA
TABLE 21: Canadian Superconducting Wire Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027
TABLE 22: Superconducting Wire Market in Canada: Percentage Share Breakdown of Sales by Type for 2020 and 2027
TABLE 23: Canadian Superconducting Wire Market Quantitative Demand Analysis in US$ Thousand by Application: 2020 to 2027
TABLE 24: Canadian Superconducting Wire Market Share Analysis by Application: 2020 VS 2027
JAPAN
Brief Market Overview
Market Analytics
TABLE 25: Japanese Market for Superconducting Wire: Annual Sales Estimates and Projections in US$ Thousand by Type for the Period 2020-2027
TABLE 26: Japanese Superconducting Wire Market Share Analysis by Type: 2020 VS 2027
TABLE 27: Japanese Demand Estimates and Forecasts for Superconducting Wire in US$ Thousand by Application: 2020 to 2027
TABLE 28: Superconducting Wire Market Share Shift in Japan by Application: 2020 VS 2027
CHINA
China's Superconductor Market
Government Support Driving Growth in the Field of Superconductivity
Superconductor Based Power Transformers
Market Analytics
TABLE 29: Chinese Superconducting Wire Market Growth Prospects in US$ Thousand by Type for the Period 2020-2027
TABLE 30: Chinese Superconducting Wire Market by Type: Percentage Breakdown of Sales for 2020 and 2027
TABLE 31: Chinese Demand for Superconducting Wire in US$ Thousand by Application: 2020 to 2027
TABLE 32: Chinese Superconducting Wire Market Share Breakdown by Application: 2020 VS 2027
EUROPE
TABLE 33: European Superconducting Wire Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025
TABLE 34: European Superconducting Wire Market Share Shift by Region/Country: 2020 VS 2027
TABLE 35: European Superconducting Wire Market Estimates and Forecasts in US$ Thousand by Type: 2020-2027
TABLE 36: European Superconducting Wire Market Share Breakdown by Type: 2020 VS 2027
TABLE 37: European Superconducting Wire Addressable Market Opportunity in US$ Thousand by Application: 2020-2027
TABLE 38: European Superconducting Wire Market Share Analysis by Application: 2020 VS 2027
FRANCE
TABLE 39: Superconducting Wire Market in France by Type: Estimates and Projections in US$ Thousand for the Period 2020-2027
TABLE 40: French Superconducting Wire Market Share Analysis by Type: 2020 VS 2027
TABLE 41: Superconducting Wire Quantitative Demand Analysis in France in US$ Thousand by Application: 2020-2027
TABLE 42: French Superconducting Wire Market Share Analysis: A 7-Year Perspective by Application for 2020 and 2027
GERMANY
TABLE 43: Superconducting Wire Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Type for the Period 2020-2027
TABLE 44: German Superconducting Wire Market Share Breakdown by Type: 2020 VS 2027
TABLE 45: Superconducting Wire Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by Application for the Period 2020-2027
TABLE 46: Superconducting Wire Market Share Distribution in Germany by Application: 2020 VS 2027
ITALY
TABLE 47: Italian Superconducting Wire Market Growth Prospects in US$ Thousand by Type for the Period 2020-2027
TABLE 48: Italian Superconducting Wire Market by Type: Percentage Breakdown of Sales for 2020 and 2027
TABLE 49: Italian Demand for Superconducting Wire in US$ Thousand by Application: 2020 to 2027
TABLE 50: Italian Superconducting Wire Market Share Breakdown by Application: 2020 VS 2027
UNITED KINGDOM
TABLE 51: United Kingdom Market for Superconducting Wire: Annual Sales Estimates and Projections in US$ Thousand by Type for the Period 2020-2027
TABLE 52: United Kingdom Superconducting Wire Market Share Analysis by Type: 2020 VS 2027
TABLE 53: United Kingdom Demand Estimates and Forecasts for Superconducting Wire in US$ Thousand by Application: 2020 to 2027
TABLE 54: Superconducting Wire Market Share Shift in the United Kingdom by Application: 2020 VS 2027
SPAIN
TABLE 55: Spanish Superconducting Wire Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027
TABLE 56: Superconducting Wire Market in Spain: Percentage Share Breakdown of Sales by Type for 2020 and 2027
TABLE 57: Spanish Superconducting Wire Market Quantitative Demand Analysis in US$ Thousand by Application: 2020 to 2027
TABLE 58: Spanish Superconducting Wire Market Share Analysis by Application: 2020 VS 2027
RUSSIA
TABLE 59: Russian Superconducting Wire Market Estimates and Projections in US$ Thousand by Type: 2020 to 2027
TABLE 60: Russian Superconducting Wire Market Share Breakdown by Type: 2020 VS 2027
TABLE 61: Russian Superconducting Wire Latent Demand Forecasts in US$ Thousand by Application: 2020 to 2027
TABLE 62: Superconducting Wire Market Share Breakdown in Russia by Application: 2020 VS 2027
REST OF EUROPE
TABLE 63: Rest of Europe Superconducting Wire Market Estimates and Forecasts in US$ Thousand by Type: 2020-2027
TABLE 64: Rest of Europe Superconducting Wire Market Share Breakdown by Type: 2020 VS 2027
TABLE 65: Rest of Europe Superconducting Wire Addressable Market Opportunity in US$ Thousand by Application: 2020-2027
TABLE 66: Rest of Europe Superconducting Wire Market Share Analysis by Application: 2020 VS 2027
ASIA-PACIFIC
Brief Market Overview
Market Analytics
TABLE 67: Asia-Pacific Superconducting Wire Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 68: Asia-Pacific Superconducting Wire Market Share Analysis by Region/Country: 2020 VS 2027
TABLE 69: Superconducting Wire Market in Asia-Pacific by Type: Estimates and Projections in US$ Thousand for the Period 2020-2027
TABLE 70: Asia-Pacific Superconducting Wire Market Share Analysis by Type: 2020 VS 2027
TABLE 71: Superconducting Wire Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by Application: 2020-2027
TABLE 72: Asia-Pacific Superconducting Wire Market Share Analysis: A 7-Year Perspective by Application for 2020 and 2027
INDIA
TABLE 73: Indian Superconducting Wire Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027
TABLE 74: Superconducting Wire Market in India: Percentage Share Breakdown of Sales by Type for 2020 and 2027
TABLE 75: Indian Superconducting Wire Market Quantitative Demand Analysis in US$ Thousand by Application: 2020 to 2027
TABLE 76: Indian Superconducting Wire Market Share Analysis by Application: 2020 VS 2027
SOUTH KOREA
TABLE 77: Superconducting Wire Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by Type for the Period 2020-2027
TABLE 78: Superconducting Wire Market Share Distribution in South Korea by Type: 2020 VS 2027
TABLE 79: Superconducting Wire Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by Application for the Period 2020-2027
TABLE 80: Superconducting Wire Market Share Distribution in South Korea by Application: 2020 VS 2027
REST OF ASIA-PACIFIC
TABLE 81: Rest of Asia-Pacific Market for Superconducting Wire: Annual Sales Estimates and Projections in US$ Thousand by Type for the Period 2020-2027
TABLE 82: Rest of Asia-Pacific Superconducting Wire Market Share Analysis by Type: 2020 VS 2027
TABLE 83: Rest of Asia-Pacific Demand Estimates and Forecasts for Superconducting Wire in US$ Thousand by Application: 2020 to 2027
TABLE 84: Superconducting Wire Market Share Shift in Rest of Asia-Pacific by Application: 2020 VS 2027
LATIN AMERICA
TABLE 85: Latin American Superconducting Wire Market Growth Prospects in US$ Thousand by Type for the Period 2020-2027
TABLE 86: Latin American Superconducting Wire Market by Type: Percentage Breakdown of Sales for 2020 and 2027
TABLE 87: Latin American Demand for Superconducting Wire in US$ Thousand by Application: 2020 to 2027
TABLE 88: Latin American Superconducting Wire Market Share Breakdown by Application: 2020 VS 2027
REST OF WORLD
TABLE 89: Rest of World Superconducting Wire Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027
TABLE 90: Superconducting Wire Market in Rest of World: Percentage Share Breakdown of Sales by Type for 2020 and 2027
TABLE 91: Rest of World Superconducting Wire Market Quantitative Demand Analysis in US$ Thousand by Application: 2020 to 2027
TABLE 92: Rest of World Superconducting Wire Market Share Analysis by Application: 2020 VS 2027

IV. COMPETITION
Total Companies Profiled: 27
Note: Product cover images may vary from those shown
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