Superconductors: Global Markets

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.

Report Includes

• 78 data tables and 29 additional tables
• An overview of the global market for superconductors
• Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022
• Analysis of the developing market for superconducting applications, materials, and other enabling technologies
• Assessments of expected technological and market trends in the longer term
• Evaluations of superconducting technologies that are expected to influence the market through 2022
• Profiles of key players in the emerging superconductivity industry

The global market for superconductivity technologies should reach $5.3 billion by 2021 from $3.4 billion in 2016 at a compound annual growth rate (CAGR) of 9.4%, from 2016 to 2021.

Report Includes

• An overview of the global market for superconductors and related technologies.
• Analyses of global market trends, with data from 2015, 2016, and projections of compound annual growth rates (CAGRs) through 2021.
• Analysis of the key drivers and constraints that will shape the market for superconducting applications as the basis for projecting demand over the next five years.
• Estimations of current and future consumption of superconducting materials and other key enabling technologies.
• Evaluation of the market's dynamics, specifically growth drivers, restraints, and opportunities.
• Profiles of the companies that are best positioned to meet this demand because of their proprietary technologies, strategic alliances, or other advantages.

The global market for superconductivity applications was worth nearly $1.8 billion in 2013 and is expected to approach about $2.0 billion in 2014 and nearly $4.2 billion in 2019, with a compound annual growth rate (CAGR) of 16.4% over the next five years.

Report Includes

• An overview of the global market for superconductors and related technologies.
• Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
• Analysis of the key drivers and constraints that will shape the market for superconducting applications as the basis for projecting demand over the next five years.
• Estimations of current and future consumption of superconducting materials and other key enabling technologies.
• Profiles of the companies that are best positioned to meet this demand because of their proprietary technologies, strategic alliances, or other advantages.

The global market for superconductor technologies was valued at nearly $1.7 billion in 2011 and should reach $1.8 billion in 2012. Total market value is expected to reach $3.3 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 12.6%.

• The global market for superconductivity applications was worth an estimated $1.7 billion in 2009, a figure that is expected to reach nearly $2 billion in 2010 and nearly $3.4 billion in 2015, a compound annual growth rate (CAGR) of 11.3% over the next 5 years.
• Superconducting magnets, particularly those used in science, research and technology development, and healthcare applications dominate the market. This sector is estimated at $1.9 billion in 2010 and is expected to be worth nearly $2.4 billion in 2015, a compound annual growth rate (CAGR) of 4.2%.
• Superconducting electrical equipment (e.g., transformers, generators, motors, fault current limiters, power storage, cable) is expected to capture nearly 25% of the market by 2015. This sector is estimated at $23 million in 2010 and is expected to reach $889 million in 2015, a compound annual growth rate (CAGR) of nearly 107%.

This Report:

• The global market for superconductivity applications was worth $1.4 billion in 2007, a figure that is expected to increase slightly in 2008 but reach $2.7 billion in 2013, a compound annual growth rate (CAGR) of 13.9%.
• Superconducting magnets dominate the market, generating an estimated $1.4 billion in 2008. This should reach $1.7 billion in 2013, for a CAGR of 4.4%.
• Superconducting electrical equipment has the second largest market share, worth $19.5 million in 2007 and an estimated $20.5 in 2008. This should increase at a CAGR of 213.3% to reach $905.9 million in 2013.