Rising demand for MRI and NMR spectroscopy from the growing medical field is expected to be the major factor driving the growth of the medical applications market. Research & development, electronics and others are estimated to expand at a steady rate during the forecast period.

Albany, NY -- (SBWire) -- 12/09/2015 --Superconducting materials are elements that exhibit the property of superconductivity. These materials can be classified into ceramics, organic materials, and metals that lose their resistance due to the flow of electrical current below a certain temperature known as critical temperature. Superconducting materials are further classified into low temperature materials and high temperature materials. These materials are used in various applications such as medical, research and development, electronics, transportation and energy generation.

This report provides detailed analysis and forecast of the superconducting materials market on a global and regional level from 2014 to 2020. On the global level, the market has been segmented based on revenue (USD million) from 2014 to 2020. For in-depth understanding of the market at the regional level, demand has been forecast in terms of revenue (USD million) from 2014 to 2020. The report includes drivers and restraints, and their impact on the growth of the market during the forecast period. Furthermore, the study encompasses opportunities for market growth at the global and regional level.

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Inflation is not a part of pricing in this report. This report provides the market size of superconducting materials for 2013, and forecast for the next six years (from 2014 to 2020). The global market size of superconducting materials is given in terms of revenue. Market revenue has been estimated and forecast in USD million. Market numbers are estimated based on various key products and applications of superconducting materials. Market size and forecast for each segment is provided in the context of the global as well as regional markets. The market has been analyzed based on revenues. All revenues related to the superconducting materials market have been portrayed in terms of USD million. The report covers market data pertaining to superconducting materials such as magnesium diboride (MgB2), yttrium barium copper oxide (YBCO), and bismuth strontium calcium copper oxide (BSSCO). We have not considered inflation to estimate forecast for our market. The report covers market data for superconducting materials in the form of wires and cables. The market numbers in the report are for superconducting materials only. Other segments such as components and subsystems have not been taken into account. The sales of superconducting materials such as wires and cables have been taken into account in this study.

We have included a thorough analysis of the value chain in order to provide detailed understanding of the market. Additionally, we have included Porter's Five Forces model, which provides an insight into the intensity of competition in the market. Furthermore, the study comprises market attractiveness analysis, where numerous applications are benchmarked based on market size, growth rate and general attractiveness.

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The market has been segmented based on various products and applications. Each segment has been analyzed and forecast based on revenue (USD million) from 2014 to 2020. Additionally, the segments have been analyzed and forecast based on current trends at the global and regional level during the given time period. Geographically, the market has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). Demand has been analyzed and forecast based on current trends for the period of six years.

Profiles of leading companies have been provided in the report along with detailed analysis of their market share. The study features profiles of companies such as Superconductor Technologies, Inc. (STI), American Superconductor (AMSC), evico GmbH, Hitachi, Ltd., Metal Oxide Technologies, Inc., Siemens AG and Hyper Tech Research, Inc.

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