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PUBLISHER: IMARC | PRODUCT CODE: 1378891
PUBLISHER: IMARC | PRODUCT CODE: 1378891
Superconducting Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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Abstract
The global superconducting materials market size reached US$ 1,068 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,642 Million by 2028, exhibiting a growth rate (CAGR) of 16.3% during 2022-2028.
Superconducting materials refer to various metallic compounds or alloys that can conduct electricity/ electric charge with no resistance and without releasing heat, sound and energy. Some of the commonly used superconducting materials include gallium, cadmium, aluminum, vanadium, zinc, tungsten, thorium, lead, titanium and lanthanum. These materials are available in the form of powders or crystals, magnets, wires and cables. They are widely used in power storage devices, power grids, electric motors, magnetic levitation trains, magnetic resonance imaging (MRI) and electromagnetic generators. As a result, they find extensive applications across various industries, including electronics and medical.
Significant growth in the electronics and medical industries across the globe represents one of the key factors creating a positive outlook for the market. Superconducting materials are extensively used in the MRI equipment to diagnose various medical ailments, such as cardiovascular and musculoskeletal disorders, by producing accurate images of the internal organs. In line with this, electronics manufacturers use these materials for resistance-free conductivity in electric fans, elevators, pumps, industrial equipment, air conditioners, televisions and refrigerators. Additionally, various product innovations, such as the development of high-temperature superconducting fibers, are acting as other major growth-inducing factors. They are commonly used to manufacture high-endurance power cables, which can transmit energy at high speeds and can be efficiently utilized in various storage systems. Other factors, including the utilization of superconducting materials for improving the performance of smart grids, along with extensive research and development (R&D) activities, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global superconducting materials market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on product type and end use industry.
Breakup by Product Type:
Low-temperature Superconducting Materials (LTS)
High-temperature Superconducting Materials (HTS)
Breakup by End Use Industry:
Medical
Electronics
Energy
Defense
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being American Superconductor Co., evico GmbH, Hitachi Ltd., Hyper Tech Research Inc., Metal Oxide Technologies, Inc., Siemens AG, Sumitomo Electric Industries Ltd., Superconductor Technologies Inc., SuperPower Inc. (The Furukawa Electric Co. Ltd.) and Western Superconducting Technologies Co. Ltd.
Key Questions Answered in This Report:
- How has the global superconducting materials market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global superconducting materials market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global superconducting materials market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A3183
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Superconducting Materials Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Low-temperature Superconducting Materials (LTS)
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 High-temperature Superconducting Materials (HTS)
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by End Use Industry
- 7.1 Medical
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Electronics
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Energy
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Defense
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 American Superconductor Co.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 evico GmbH
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Hitachi Ltd.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 Hyper Tech Research Inc.
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Metal Oxide Technologies, Inc.
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Siemens AG
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Sumitomo Electric Industries Ltd.
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Superconductor Technologies Inc.
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.9 SuperPower Inc. (The Furukawa Electric Co. Ltd.)
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.10 Western Superconducting Technologies Co. Ltd.
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.1 American Superconductor Co.
Product Code: SR112023A3183
List of Figures
- Figure 1: Global: Superconducting Materials Market: Major Drivers and Challenges
- Figure 2: Global: Superconducting Materials Market: Sales Value (in Million US$), 2017-2022
- Figure 3: Global: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 4: Global: Superconducting Materials Market: Breakup by Product Type (in %), 2022
- Figure 5: Global: Superconducting Materials Market: Breakup by End Use Industry (in %), 2022
- Figure 6: Global: Superconducting Materials Market: Breakup by Region (in %), 2022
- Figure 7: Global: Superconducting Materials (Low-temperature Superconducting Materials-LTS) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Superconducting Materials (Low-temperature Superconducting Materials-LTS) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Superconducting Materials (High-temperature Superconducting Materials-HTS) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Superconducting Materials (High-temperature Superconducting Materials-HTS) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Superconducting Materials (Medical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Superconducting Materials (Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Superconducting Materials (Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Superconducting Materials (Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Superconducting Materials (Energy) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Superconducting Materials (Energy) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Superconducting Materials (Defense) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Superconducting Materials (Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Superconducting Materials (Others) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Superconducting Materials (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: North America: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: North America: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: United States: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: United States: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Canada: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Canada: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Asia-Pacific: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Asia-Pacific: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: China: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: China: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Japan: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Japan: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: India: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: India: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: South Korea: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: South Korea: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Australia: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Australia: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Indonesia: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Indonesia: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Others: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Others: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Europe: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Europe: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Germany: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Germany: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: France: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: France: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: United Kingdom: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: United Kingdom: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Italy: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Italy: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Spain: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Spain: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Russia: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Russia: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Others: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Others: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Latin America: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Latin America: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Brazil: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Brazil: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Mexico: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Mexico: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Others: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Others: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Middle East and Africa: Superconducting Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Middle East and Africa: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Middle East and Africa: Superconducting Materials Market: Breakup by Country (in %), 2022
- Figure 70: Global: Superconducting Materials Industry: SWOT Analysis
- Figure 71: Global: Superconducting Materials Industry: Value Chain Analysis
- Figure 72: Global: Superconducting Materials Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Superconducting Materials Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Superconducting Materials Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Superconducting Materials Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
- Table 4: Global: Superconducting Materials Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Superconducting Materials Market: Competitive Structure
- Table 6: Global: Superconducting Materials Market: Key Players
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