PUBLISHER: TechNavio | PRODUCT CODE: 1777144
PUBLISHER: TechNavio | PRODUCT CODE: 1777144
The superconductor market is forecasted to grow by USD 6,688.2 mn during 2024-2029, accelerating at a CAGR of 10.5% during the forecast period. The report on the superconductor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by development of smart grids, increasing demand for energy efficiency, and rising adoption of superconductor devices in medical applications.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 9.2% |
CAGR | 10.5% |
Incremental Value | $6,688.2 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's superconductor market is segmented as below:
By Product
By Type
By Application
By Geographical Landscape
This study identifies the emergence of smes systems as one of the prime reasons driving the superconductor market growth during the next few years. Also, increasing interest in quantum computing and growing demand for power electronics will lead to sizable demand in the market.
The report on the superconductor market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading superconductor market vendors that include American Superconductor Corp., ASG Superconductors Spa, Bruker Corp., Can Superconductors s.r.o., Cryomagnetics Inc., evico GmbH, Fujikura Co. Ltd., Furukawa Electric Co. Ltd., High Temperature Superconductors Inc., Hitachi Ltd., HORIBA Ltd., Kiswire Advanced Technology Co. Ltd., Siemens Healthineers AG, Sumitomo Electric Industries Ltd., Supercon Inc., THEVA Dunnschichttechnik GmbH, and Toshiba Corp.. Also, the superconductor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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