Global Superconductors Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Superconductors Market Report by The Business Research Company covers superconductors market drivers and restraints, superconductors market size, major players, and the impact of COVID-19 on the superconductors market.
The superconductors market consists of sales of superconductors by entities (organizations, sole traders, and partnerships) that manufacture superconductors. A superconductor is a device that can transmit electricity or transfer electrons from one atom to another without resistance. Only goods and services traded between entities or sold to end consumers are included.
The growing demand for MRI machines is expected to drive the growth of the superconductors market in the coming years. Magnetic resonance imaging, or MRI, employs strong superconducting magnets to generate large and even magnetic fields within the patient’s body.
The global superconductors market is expected to grow from $4.85 billion in 2020 to $5.37 billion in 2021 at a compound annual growth rate (CAGR) of 10.48%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $8.78 billion in 2025 at a CAGR of 13.08%.
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Some superconductors market trends include major companies working in the superconductor industry being focused on developing advanced technology solutions for superconductors.
Global superconductors market segments include:
1) By Type: Type-I Superconductor, Type-II Superconductor.
2) By Material: Stainless Steel, Yttrium Barium Copper Oxide, Bismuth Strontium Calcium Copper Oxide, Others.
3) By Product: Magnets, Cables, Transformers, Energy Storage Devices.
4) By Application: Energy, Electronics, Medical, Research And Development, Industrial, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Superconductors Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides superconductors market overviews, analyzes and forecasts market size, share, superconductors market players, superconductors market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The superconductors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Superconductors Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: American Superconductor, Bruker, Furukawa Electric Co. Ltd., Southwire Company LLC., Sumitomo Electric Industries Ltd., Fujikura Ltd., Superconductor Technologies Inc., Cryomagnetics Inc., Deutsche Nanoschicht GmbH, Japan Superconductor Technology Inc., Supercon Inc., SuperOx, Ceraco Ceramic Coating GmbH, Hyper Tech Research Inc., LS Cable & System Ltd., Scientific Magnetics, Theva Dünnschichttechnik GmbH., Toshiba Corporation, Evico Gmbh, Advanced Magnet Lab Inc., Alstom, American Magnetics Inc., ASG Superconductors Spa, Cryoelectra Gmbh, Cryoton Ltd., Eriez Manufacturing Co.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Superconductors Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Superconductors Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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