DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Superconducting Wire Market - Global Forecast to 2021" report to their offering.
The superconducting wire market is projected to reach USD 1,008.2 million by 2021, at a CAGR of 9.6% from 2016 to 2021.
Superconductor technology is used in energy, medical, research, defense, electronics, transportation, and industrial applications. The growth of the superconducting wire is driven by growing demand for superconductor based MRI systems and advancement in computer chip design technology. Synergies of high voltage transmission application and high efficiencies will increase the demand for superconductor cables and other auxiliary electrical equipment based on superconductor technology. Lack of acceptance with respect to reliability and cost of superconducting devices will likely to hinder the market growth.
With regard to the type segment, LT & MT superconductors are expected to have the largest market share from 2016 to 2021. Growing demand in MRI systems and cheaper wire cost as compared to HT superconductors will keep the demand high for LT & MT Superconductors.
- American Superconductor Corporation
- Bruker Corporation
- Fujikura Ltd.
- Furukawa Electric Co., Ltd.
- Japan Superconductor Technology, Inc.
- Sumitomo Electric Industries, Ltd.
- Supercon Inc.
- Superconductor Technologies Inc.
Theva Dünnschichttechnik Gmbh
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Superconducting Wire Market, By Type
7 Superconducting Wire Market, By Application
8 Superconducting Wire Market, By Region
9 Competitive Landscape
10 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/gmd4xr/superconducting