Dublin, March 22, 2019 (GLOBE NEWSWIRE) -- The "Global Superconductor Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The superconductor market will register a CAGR of over 11% by 2023.

The increased adoption of superconductor devices in medical applications is the key factors driving the global superconductor market growth.

Many medical devices such as MRI imaging devices are integrated with HTS cables and superconducting magnets to generate high magnetic fields. Therefore, several manufacturers are focusing on advances in superconducting technologies to improve the overall performance of their systems. This will fuel the growth of the global superconductor market during the forecast period.

Development of smart grids

One of the growth drivers of the global superconductor market is the development of smart grids. Smart grids are reliable in providing real-time information and are also helpful in efficiently managing the power supply during an emergency.

The high cost of HTS wires

One of the challenges in the growth of the market is the high cost of HTS wires. HTS wires signify more than half the cost of the device into which it is incorporated. This will hamper the superconductor market growth during the forecast period.

Competitive Landscape

The market appears to be highly concentrated and with the presence of few vendors. The vendors in the market are focusing on developing core technology for superconductor devices.

This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

• American Superconductor
• Bruker
• Furukawa Electric Co. Ltd.
  
• Southwire Company LLC
• Sumitomo Electric Industries Ltd.

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY PRODUCT

• Comparison by product
• Magnets - Market size and forecast 2018-2023
• Cables - Market size and forecast 2018-2023
• Transformers - Market size and forecast 2018-2023
• Energy storage devices - Market size and forecast 2018-2023
• Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic comparison
• APAC - Market size and forecast 2018-2023
• North America - Market size and forecast 2018-2023
• Europe - Market size and forecast 2018-2023
• South America - Market size and forecast 2018-2023
• MEA - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

• Emergence of SMES systems
• Increasing interest in quantum computing
• Growing demand for power electronics

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• American Superconductor
• Bruker
• Furukawa Electric Co. Ltd.
  
• Southwire Company LLC
• Sumitomo Electric Industries Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/2zrfnv/global?w=12

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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Related Topics: Semiconductor