High Temperature Superconducting Wires Market

Superconducting wire is wire made of superconductors. When cooled below its transition temperature, it has zero electrical resistance. Most commonly, conventional superconductors such as niobium-titanium are used, but high-temperature superconductors such as YBCO are entering the market. Superconducting wire's advantages over copper or aluminum include higher maximum current densities and zero power dissipation. Its disadvantages include the cost of refrigeration of the wires to superconducting temperatures (often requiring cryogens such as liquid helium or liquid nitrogen), the danger of the wire quenching (a sudden loss of superconductivity), the inferior mechanical properties of some superconductors, and the cost of wire materials and construction. Its main application is in superconducting magnets, which are used in scientific and medical equipment where high magnetic fields are necessary.

Compact and high-capacity underground HTS cables are indispensable for increasing the capacity and reliability of power grids. HTS power cables conduct nearly 5-10 times more power than conventional copper wires of the comparable cross section. There has been substantial development toward the commercialization of HTS power cables. The world?s first high temperature superconducting power transmission cable system in a commercial power grid was set up in the US in 2008. This HTS power transmission system is capable of transmitting 574 megawatts of electricity, which is enough to power more than 200,000 homes. Similar projects are also expected to come up across many countries including China, Japan, South Korea, and Germany, which will boost this market?s growth prospects in the coming years.

HTS power cables provide exclusive benefits for wireless applications due to ultra-low dissipation and distortion, along with, quantum accuracy. Superconductor radio-frequency (RF) filters with higher interference termination have been deployed at cellular base stations, aiding wider range and fewer call drops. Moreover, fourth generation all-digital receivers (ADR) for the US defense offer vast improvements in performance, efficiency, and cost for satellite communications (SATCOM), electronic warfare (EW) and signal intelligence (SIGINT) systems. This will result in the increased adoption of HTS filters and ADRs, which will, in turn, fuel the growth of this market over the next four years.
High Temperature Superconducting Wires Market aims to provide a comprehensive presentation of the global market for High Temperature Superconducting Wires, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Temperature Superconducting Wires. High Temperature Superconducting Wires Market contains market size and forecasts of High Temperature Superconducting Wires in global, including the following market information:
Global High Temperature Superconducting Wires Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global High Temperature Superconducting Wires Market Sales, 2018-2023, 2024-2029, (K M)
Global top five High Temperature Superconducting Wires companies in 2022 (%)
The global High Temperature Superconducting Wires market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
First Generation HT Superconductors Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of High Temperature Superconducting Wires include AMSC, SuperPower, Bruker, Fujikura, Sumitomo, SuNam, SHSC and Innost, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the High Temperature Superconducting Wires manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global High Temperature Superconducting Wires Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K M)
Global High Temperature Superconducting Wires Market Segment Percentages, by Type, 2022 (%)
First Generation HT Superconductors
Second Generation HT Superconductors
Global High Temperature Superconducting Wires Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K M)
Global High Temperature Superconducting Wires Market Segment Percentages, by Application, 2022 (%)
Healthcare
R&D
Electronics
Global High Temperature Superconducting Wires Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K M)
Global High Temperature Superconducting Wires Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies High Temperature Superconducting Wires revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies High Temperature Superconducting Wires revenues share in global market, 2022 (%)
Key companies High Temperature Superconducting Wires sales in global market, 2018-2023 (Estimated), (K M)
Key companies High Temperature Superconducting Wires sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
AMSC
SuperPower
Bruker
Fujikura
Sumitomo
SuNam
SHSC
Innost
Outline of Major Chapters:
Chapter 1: Introduces the definition of High Temperature Superconducting Wires, market overview.
Chapter 2: Global High Temperature Superconducting Wires market size in revenue and volume.
Chapter 3: Detailed analysis of High Temperature Superconducting Wires manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of High Temperature Superconducting Wires in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global High Temperature Superconducting Wires capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.