Press release
Superconducting Wire Market - Industry Rising Rapidly 2017 - 2025
Global Superconducting Wire Market: Overview
Superconducting wires are made up of superconducting materials which, when cooled below a certain temperature (transition temperature), exhibit zero electrical resistance. The superconductor material used is usually in the form of filament and theoretically allows the persistent flow of electric current across any loop of superconductor wire. Superconductor magnets find extensive applications in MRI/NMR machines, mass spectrometers, and in particle accelerators as beam-steering magnets. Recent applications of superconducting wires include their use in smart grid, transformers, power storage devices, and electric motors.
Request Sample Copy of the Report @
https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1985
Second-generation high temperature superconducting wires, with significantly higher transition temperatures, are mainly made up of rare Earth compounds such as yttrium, samarium, and neodymium. Allowing competitive cost-benefits and multi-functionalities, the demand for these materials is rising rapidly in the making of various electrical power equipment and medical equipment, opening up a spate of promising avenues in the market.
Global Superconducting Wire Market: Key Trends
The global market is primarily driven by the burgeoning demand for superconducting materials in high-voltage transmission applications and in making MRI systems. The increasing demand for high-temperatures superconducting materials in numerous areas such as energy, medical, defense, electronics, and industrial applications is expected to boost the market. Advances in computer chip designing technology are expected to spur the demand for superconductors with high critical current capacity and enhanced power performance.
High manufacturing cost involved in making superconductors and dearth of standard testing facilities are likely to restrain the superconducting wire market to some extent. On the other hand, continuous scaling efforts by manufacturing units and intensive advances in R&D technology are expected to expand the commercial applications of superconducting wires.
Request TOC of the Report @
https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1985
Global Superconducting Wire Market: Market Potential
Bruker Corporation, a U.S. based manufacturer of scientific instruments for materials researches and industrial analysis, announced at the end of 2016 that it was planning to acquire Oxford Instruments Superconducting Wire LLC (OST). The deal was finalized by Bruker’s subsidiary, Bruker Energy and Supercon Technologies (BEST), for an aggregate sum of U$17.5 million. BEST pioneers in low temperature superconductors for being used in MRI, NMR, and fusion energy researches. Post finalization of the buyout deal, the manufacturer made efforts to expand its technology portfolio with the Rod Restack Process (RRP) conductor technology from OST. The technology is especially in demand for various high-energy physics applications that require considerably high magnetic fields.
The deal marked a strategic acquisition for BEST as it strengthened its position in the low-temperature superconductors (LTS) market. The company already enjoys a sustained position in LTS segment and has made numerous investments in the past to boost capacity automation and quality control.
With the integration of the OST technology, BEST hopes to emerge as a world-leading LTS provider with a broad product portfolio that will house superconducting wires with advanced conductor performance and quality. Furthermore, with such strategic buyouts in place, Bruker Corporation hopes to consolidate its positions across prominent regions such as the U.S. and China. These developments are poised to expand the potential of the superconducting wire market.
Global Superconducting Wire Market: Regional Outlook
North America, Europe, and Asia Pacific are the prominent markets for superconductor wires. Europe is expected to offer lucrative growth avenues to manufacturers and vendors of superconducting wires. The substantial growth in the regional market is expected to be driven by increased commercialization of high-technology superconducting materials and extensive R&D investments in developing second-generation superconducting wire technology.
Read Comprehensive Overview of Report @
https://www.tmrresearch.com/superconducting-wire-market
Asia Pacific is anticipated to show impressive growth over the forecast period; the growth is attributed to significant advances in semiconductor technology leading to the wide use of LTS electromagnets in making magnetic resonance imaging and nuclear magnetic resonance magnets.
Global Superconducting Wire Market: Competitive Analysis
Leading players are making substantial investments in R&D in order to launch advanced products made with cost-effective technologies. Several players are making technology integrations to expand their expertise in the manufacture of superconducting wires. Major players vying for a sustained share in the superconducting wires market include American Superconductor, Bruker Corporation, Fujikura Ltd., Superconductor Technologies Inc., Sumitomo Electric Industries, Ltd., Japan Superconductor Technology, Inc., Supercon Inc., and Furukawa Electric Co., Ltd.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com
Superconducting wires are made up of superconducting materials which, when cooled below a certain temperature (transition temperature), exhibit zero electrical resistance. The superconductor material used is usually in the form of filament and theoretically allows the persistent flow of electric current across any loop of superconductor wire. Superconductor magnets find extensive applications in MRI/NMR machines, mass spectrometers, and in particle accelerators as beam-steering magnets. Recent applications of superconducting wires include their use in smart grid, transformers, power storage devices, and electric motors.
Request Sample Copy of the Report @
https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1985
Second-generation high temperature superconducting wires, with significantly higher transition temperatures, are mainly made up of rare Earth compounds such as yttrium, samarium, and neodymium. Allowing competitive cost-benefits and multi-functionalities, the demand for these materials is rising rapidly in the making of various electrical power equipment and medical equipment, opening up a spate of promising avenues in the market.
Global Superconducting Wire Market: Key Trends
The global market is primarily driven by the burgeoning demand for superconducting materials in high-voltage transmission applications and in making MRI systems. The increasing demand for high-temperatures superconducting materials in numerous areas such as energy, medical, defense, electronics, and industrial applications is expected to boost the market. Advances in computer chip designing technology are expected to spur the demand for superconductors with high critical current capacity and enhanced power performance.
High manufacturing cost involved in making superconductors and dearth of standard testing facilities are likely to restrain the superconducting wire market to some extent. On the other hand, continuous scaling efforts by manufacturing units and intensive advances in R&D technology are expected to expand the commercial applications of superconducting wires.
Request TOC of the Report @
https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1985
Global Superconducting Wire Market: Market Potential
Bruker Corporation, a U.S. based manufacturer of scientific instruments for materials researches and industrial analysis, announced at the end of 2016 that it was planning to acquire Oxford Instruments Superconducting Wire LLC (OST). The deal was finalized by Bruker’s subsidiary, Bruker Energy and Supercon Technologies (BEST), for an aggregate sum of U$17.5 million. BEST pioneers in low temperature superconductors for being used in MRI, NMR, and fusion energy researches. Post finalization of the buyout deal, the manufacturer made efforts to expand its technology portfolio with the Rod Restack Process (RRP) conductor technology from OST. The technology is especially in demand for various high-energy physics applications that require considerably high magnetic fields.
The deal marked a strategic acquisition for BEST as it strengthened its position in the low-temperature superconductors (LTS) market. The company already enjoys a sustained position in LTS segment and has made numerous investments in the past to boost capacity automation and quality control.
With the integration of the OST technology, BEST hopes to emerge as a world-leading LTS provider with a broad product portfolio that will house superconducting wires with advanced conductor performance and quality. Furthermore, with such strategic buyouts in place, Bruker Corporation hopes to consolidate its positions across prominent regions such as the U.S. and China. These developments are poised to expand the potential of the superconducting wire market.
Global Superconducting Wire Market: Regional Outlook
North America, Europe, and Asia Pacific are the prominent markets for superconductor wires. Europe is expected to offer lucrative growth avenues to manufacturers and vendors of superconducting wires. The substantial growth in the regional market is expected to be driven by increased commercialization of high-technology superconducting materials and extensive R&D investments in developing second-generation superconducting wire technology.
Read Comprehensive Overview of Report @
https://www.tmrresearch.com/superconducting-wire-market
Asia Pacific is anticipated to show impressive growth over the forecast period; the growth is attributed to significant advances in semiconductor technology leading to the wide use of LTS electromagnets in making magnetic resonance imaging and nuclear magnetic resonance magnets.
Global Superconducting Wire Market: Competitive Analysis
Leading players are making substantial investments in R&D in order to launch advanced products made with cost-effective technologies. Several players are making technology integrations to expand their expertise in the manufacture of superconducting wires. Major players vying for a sustained share in the superconducting wires market include American Superconductor, Bruker Corporation, Fujikura Ltd., Superconductor Technologies Inc., Sumitomo Electric Industries, Ltd., Japan Superconductor Technology, Inc., Supercon Inc., and Furukawa Electric Co., Ltd.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
