The global market for superconductivity applications should reach $8.8 billion by 2022 from $6.1 billion in 2017 at a compound annual growth rate (CAGR) of 7.5%, from 2017 to 2022.
Albany, NY -- (SBWIRE) -- 01/18/2018 -- A new publication titled 'Global Superconductors Market' has recently been added by Market Research Hub in its extensive research repository. The report presents the CAGR of the global superconductor market at 7.5% during the period between 2017 and 2022. The report indicates that the market for magnets application is anticipated to rise by $6.0 billion in 2017 and $7.1 billion by 2022 at a 3.2% CAGR for the period ranging from 2017 to 2022.The report further reveals that the market for electrical equipment applications in the worldwide market for superconductivity technologies is projected to develop by $66.8 million by the 2017 and $1.5 billion by the end of the assessment year (2022) at a significant Compound Annual Growth Rate during the assessment period from 2017 to 2022. The report also provides the basic introduction of the superconductor market and reliable definition of this market is also mentioned.
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Global Superconductor Market: Segmental Highlights of the Analysis
The report segregates the global market for superconductor into end user, application and material type.
By end users, the report bifurcates the worldwide market for superconductor into transportation, healthcare, defense and military, and other end users.
In terms of application, the study categorizes the worldwide market for superconductor into communications, suppliers, computing, markets for superconducting ICs and other applications.
By type of material, the research report segments the global superconductor market into type I superconductors, type II superconductors and other material types.
The report provides the market attractiveness index for each of the above sub segments to help readers identify the most lucrative and attractive end user, application, and material segments of the global superconductor market.
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Global Superconductor Market: Competitive Assessment
The final chapter of the research report is devoted to the competitive analysis of the worldwide superconductor market. This valuable portion of the report offers insights on the key companies operating in the superconductor market globally. The study features the prominent companies on the basis of certain attributes that include financial overview, overview of the business, product portfolio, and key growth and expansion strategies. This final portion of the report also presents a SWOT analysis of the top companies, which covers their strengths, weaknesses, major threats and opportunity areas in the global superconductor market. The study showcases a few of the prominent companies operating in the global superconductor market such as TOSHIBA CORP., ABB LTD., SUPERPOWER INC., ADVANCED MAGNET LAB INC., SUPERCONDUCTOR TECHNOLOGIES INC., ALSTOM, SUMITOMO ELECTRIC INDUSTRIES LTD., AMERICAN MAGNETICS INC., SPX TRANSFORMER SOLUTIONS INC., ASG SUPERCONDUCTORS SPA, SIEMENS AG, BABCOCK NOELL GMBH, SCIENTIFIC MAGNETICS, BRUKER ENERGY AND SUPERCON TECHNOLOGIES INC, ROYAL PHILIPS ELECTRONICS BV, COLORADO SUPERCONDUCTOR CORP., QUANTUM DESIGN INC., CRYOELECTRA GMBH, OXFORD SUPERCONDUCTING TECHNOLOGY LP, and CRYOMAGNETICS INC.
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