Global Superconductor Market 2015-2019

Global Superconductor Market 2015-2019

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Global Superconductor Market 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Global Superconductor Market 2015-2019,

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Key Trends

Technavio’s Senior Analyst says, “The demand for advanced power grid infrastructure has been a major driver for the global superconductor market. Also, at present, high-field magnets with zero DC resistance and high current density are used in RTD and some biomedical applications (e.g., MRI), and when coupled with the increased awareness of the advantages of superconductors, their demand will go up.”

• Superconductors are materials that allow the passage of electricity with zero resistance at their critical temperature (Tc). Due to zero resistance, there is no loss of energy in the form of heat or sound. A superconductor is not affected by external magnetic fields when in its superconducting state due to the Meissner effect, which is a unique property exhibited by them.

• Technavio's analysts forecast the global superconductor market to grow at a CAGR of 3.64% over the period 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Global Superconductor Market 2015-2019

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Vendors

To understand the vendor landscape and

for a full list of vendors view our report:

Global Superconductor Market 2015-2019

Bruker

Southwire

Sumitomo Electric Industries

Bruker was incorporated in 1960 and is headquartered in Billerica, US. The company is a life science equipment and medical device manufacturing company. It engages in the designing, manufacturing, and marketing of equipment for the research, biotechnology, medical device, and life sciences sectors.

Southwire was founded in 1937 and is headquartered in Carrollton, Georgia, US. It is one of the leading manufacturers of wires and cables in the US, Canada, and Latin America.

Established in 1897, Sumitomo Electric Industries is headquartered in Chuo-ku, Osaka, Japan. The company focuses on the manufacture and sales of electric wires, optical fiber cables, and other products. It offers diversified business activities and supports people’s day-to-day lives through its business segments.

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Market Landscape

• This growth in this sector is mainly due to the cost and performance advantages associated with superconductors.

• Secondly, the need for MRI systems has increased over the years.

• This is because of their efficiency in detecting diseases, the increase in global health spending, and the increase in the aging population.

• Currently, 7.90% of the world's population is above 65 years old.

• The increase in the aging population, cardiac diseases, autoimmune disorders, and cancer will underwrite the increased demand for MRI testing and therefore superconductor magnets, as they are an integral part of MRI systems.

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Key Buying Criteria

Parameter Details

Cost Cost of the superconducting material should be low.

Durability Long-term functionality should be ensured.

Environmental Friendliness The superconductors should ensure reduced CO2 emissions and use environment friendly resources.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Global Superconductor Market 2015-2019

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