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High Temperature Superconducting Wires-Global Market Insights and Sales Trends 2025
Synopsis
Superconducting wire is wire made of superconductors. When cooled below its transition temperature, it has zero electrical resistance. Most commonly, conventional superconductors such as niobium-titanium are used, but high-temperature superconductors such as YBCO are entering the market. Superconducting wire's advantages over copper or aluminum include higher maximum current densities and zero power dissipation. Its disadvantages include the cost of refrigeration of the wires to superconducting temperatures (often requiring cryogens such as liquid helium or liquid nitrogen), the danger of the wire quenching (a sudden loss of superconductivity), the inferior mechanical properties of some superconductors, and the cost of wire materials and construction. Its main application is in superconducting magnets, which are used in scientific and medical equipment where high magnetic fields are necessary.
Compact and high-capacity underground HTS cables are indispensable for increasing the capacity and reliability of power grids. HTS power cables conduct nearly 5-10 times more power than conventional copper wires of the comparable cross section. There has been substantial development toward the commercialization of HTS power cables. The world’s first high temperature superconducting power transmission cable system in a commercial power grid was set up in the US in 2008. This HTS power transmission system is capable of transmitting 574 megawatts of electricity, which is enough to power more than 200,000 homes. Similar projects are also expected to come up across many countries including China, Japan, South Korea, and Germany, which will boost this market’s growth prospects in the coming years.
HTS power cables provide exclusive benefits for wireless applications due to ultra-low dissipation and distortion, along with, quantum accuracy. Superconductor radio-frequency (RF) filters with higher interference termination have been deployed at cellular base stations, aiding wider range and fewer call drops. Moreover, fourth generation all-digital receivers (ADR) for the US defense offer vast improvements in performance, efficiency, and cost for satellite communications (SATCOM), electronic warfare (EW) and signal intelligence (SIGINT) systems. This will result in the increased adoption of HTS filters and ADRs, which will, in turn, fuel the growth of this market over the next four years.
The global High Temperature Superconducting Wires market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of High Temperature Superconducting Wires in various end use industries. The expanding demands from the Healthcare, R&D and Electronics,, are propelling High Temperature Superconducting Wires market. First Generation HT Superconductors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Second Generation HT Superconductors segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for High Temperature Superconducting Wires market, driven by demand from China, the second largest economy with some signs of stabilising, the High Temperature Superconducting Wires market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for High Temperature Superconducting Wires, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global High Temperature Superconducting Wires market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global High Temperature Superconducting Wires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, High Temperature Superconducting Wires sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of High Temperature Superconducting Wires covered in this report include AMSC, SuperPower, Bruker, Fujikura, Sumitomo, SuNam, SHSC and Innost, etc.
The global High Temperature Superconducting Wires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AMSC
SuperPower
Bruker
Fujikura
Sumitomo
SuNam
SHSC
Innost
Global High Temperature Superconducting Wires market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global High Temperature Superconducting Wires market, Segment by Type:
First Generation HT Superconductors
Second Generation HT Superconductors
Global High Temperature Superconducting Wires market, by Application
Healthcare
R&D
Electronics
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of High Temperature Superconducting Wires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of High Temperature Superconducting Wires in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Superconducting wire is wire made of superconductors. When cooled below its transition temperature, it has zero electrical resistance. Most commonly, conventional superconductors such as niobium-titanium are used, but high-temperature superconductors such as YBCO are entering the market. Superconducting wire's advantages over copper or aluminum include higher maximum current densities and zero power dissipation. Its disadvantages include the cost of refrigeration of the wires to superconducting temperatures (often requiring cryogens such as liquid helium or liquid nitrogen), the danger of the wire quenching (a sudden loss of superconductivity), the inferior mechanical properties of some superconductors, and the cost of wire materials and construction. Its main application is in superconducting magnets, which are used in scientific and medical equipment where high magnetic fields are necessary.
Compact and high-capacity underground HTS cables are indispensable for increasing the capacity and reliability of power grids. HTS power cables conduct nearly 5-10 times more power than conventional copper wires of the comparable cross section. There has been substantial development toward the commercialization of HTS power cables. The world’s first high temperature superconducting power transmission cable system in a commercial power grid was set up in the US in 2008. This HTS power transmission system is capable of transmitting 574 megawatts of electricity, which is enough to power more than 200,000 homes. Similar projects are also expected to come up across many countries including China, Japan, South Korea, and Germany, which will boost this market’s growth prospects in the coming years.
HTS power cables provide exclusive benefits for wireless applications due to ultra-low dissipation and distortion, along with, quantum accuracy. Superconductor radio-frequency (RF) filters with higher interference termination have been deployed at cellular base stations, aiding wider range and fewer call drops. Moreover, fourth generation all-digital receivers (ADR) for the US defense offer vast improvements in performance, efficiency, and cost for satellite communications (SATCOM), electronic warfare (EW) and signal intelligence (SIGINT) systems. This will result in the increased adoption of HTS filters and ADRs, which will, in turn, fuel the growth of this market over the next four years.
The global High Temperature Superconducting Wires market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of High Temperature Superconducting Wires in various end use industries. The expanding demands from the Healthcare, R&D and Electronics,, are propelling High Temperature Superconducting Wires market. First Generation HT Superconductors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Second Generation HT Superconductors segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for High Temperature Superconducting Wires market, driven by demand from China, the second largest economy with some signs of stabilising, the High Temperature Superconducting Wires market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for High Temperature Superconducting Wires, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global High Temperature Superconducting Wires market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global High Temperature Superconducting Wires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, High Temperature Superconducting Wires sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of High Temperature Superconducting Wires covered in this report include AMSC, SuperPower, Bruker, Fujikura, Sumitomo, SuNam, SHSC and Innost, etc.
The global High Temperature Superconducting Wires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AMSC
SuperPower
Bruker
Fujikura
Sumitomo
SuNam
SHSC
Innost
Global High Temperature Superconducting Wires market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global High Temperature Superconducting Wires market, Segment by Type:
First Generation HT Superconductors
Second Generation HT Superconductors
Global High Temperature Superconducting Wires market, by Application
Healthcare
R&D
Electronics
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of High Temperature Superconducting Wires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of High Temperature Superconducting Wires in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 High Temperature Superconducting Wires Market Overview
1.1 High Temperature Superconducting Wires Product Overview
1.2 High Temperature Superconducting Wires Market Segment by Type
1.2.1 First Generation HT Superconductors
1.2.2 Second Generation HT Superconductors
1.3 Global High Temperature Superconducting Wires Market Size by Type
1.3.1 Global High Temperature Superconducting Wires Market Size Overview by Type (2018-2029)
1.3.2 Global High Temperature Superconducting Wires Historic Market Size Review by Type (2018-2023)
1.3.3 Global High Temperature Superconducting Wires Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America High Temperature Superconducting Wires Sales Breakdown by Type (2018-2023)
1.4.2 Europe High Temperature Superconducting Wires Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific High Temperature Superconducting Wires Sales Breakdown by Type (2018-2023)
1.4.4 Latin America High Temperature Superconducting Wires Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa High Temperature Superconducting Wires Sales Breakdown by Type (2018-2023)
2 Global High Temperature Superconducting Wires Market Competition by Company
2.1 Global Top Players by High Temperature Superconducting Wires Sales (2018-2023)
2.2 Global Top Players by High Temperature Superconducting Wires Revenue (2018-2023)
2.3 Global Top Players by High Temperature Superconducting Wires Price (2018-2023)
2.4 Global Top Manufacturers High Temperature Superconducting Wires Manufacturing Base Distribution, Sales Area, Product Type
2.5 High Temperature Superconducting Wires Market Competitive Situation and Trends
2.5.1 High Temperature Superconducting Wires Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by High Temperature Superconducting Wires Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in High Temperature Superconducting Wires as of 2022)
2.7 Date of Key Manufacturers Enter into High Temperature Superconducting Wires Market
2.8 Key Manufacturers High Temperature Superconducting Wires Product Offered
2.9 Mergers & Acquisitions, Expansion
3 High Temperature Superconducting Wires Status and Outlook by Region
3.1 Global High Temperature Superconducting Wires Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global High Temperature Superconducting Wires Historic Market Size by Region
3.2.1 Global High Temperature Superconducting Wires Sales in Volume by Region (2018-2023)
3.2.2 Global High Temperature Superconducting Wires Sales in Value by Region (2018-2023)
3.2.3 Global High Temperature Superconducting Wires Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global High Temperature Superconducting Wires Forecasted Market Size by Region
3.3.1 Global High Temperature Superconducting Wires Sales in Volume by Region (2024-2029)
3.3.2 Global High Temperature Superconducting Wires Sales in Value by Region (2024-2029)
3.3.3 Global High Temperature Superconducting Wires Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global High Temperature Superconducting Wires by Application
4.1 High Temperature Superconducting Wires Market Segment by Application
4.1.1 Healthcare
4.1.2 R&D
4.1.3 Electronics
4.2 Global High Temperature Superconducting Wires Market Size by Application
4.2.1 Global High Temperature Superconducting Wires Market Size Overview by Application (2018-2029)
4.2.2 Global High Temperature Superconducting Wires Historic Market Size Review by Application (2018-2023)
4.2.3 Global High Temperature Superconducting Wires Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America High Temperature Superconducting Wires Sales Breakdown by Application (2018-2023)
4.3.2 Europe High Temperature Superconducting Wires Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific High Temperature Superconducting Wires Sales Breakdown by Application (2018-2023)
4.3.4 Latin America High Temperature Superconducting Wires Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa High Temperature Superconducting Wires Sales Breakdown by Application (2018-2023)
5 North America High Temperature Superconducting Wires by Country
5.1 North America High Temperature Superconducting Wires Historic Market Size by Country
5.1.1 North America High Temperature Superconducting Wires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America High Temperature Superconducting Wires Sales in Volume by Country (2018-2023)
5.1.3 North America High Temperature Superconducting Wires Sales in Value by Country (2018-2023)
5.2 North America High Temperature Superconducting Wires Forecasted Market Size by Country
5.2.1 North America High Temperature Superconducting Wires Sales in Volume by Country (2024-2029)
5.2.2 North America High Temperature Superconducting Wires Sales in Value by Country (2024-2029)
6 Europe High Temperature Superconducting Wires by Country
6.1 Europe High Temperature Superconducting Wires Historic Market Size by Country
6.1.1 Europe High Temperature Superconducting Wires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe High Temperature Superconducting Wires Sales in Volume by Country (2018-2023)
6.1.3 Europe High Temperature Superconducting Wires Sales in Value by Country (2018-2023)
6.2 Europe High Temperature Superconducting Wires Forecasted Market Size by Country
6.2.1 Europe High Temperature Superconducting Wires Sales in Volume by Country (2024-2029)
6.2.2 Europe High Temperature Superconducting Wires Sales in Value by Country (2024-2029)
7 Asia-Pacific High Temperature Superconducting Wires by Region
7.1 Asia-Pacific High Temperature Superconducting Wires Historic Market Size by Region
7.1.1 Asia-Pacific High Temperature Superconducting Wires Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific High Temperature Superconducting Wires Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific High Temperature Superconducting Wires Sales in Value by Region (2018-2023)
7.2 Asia-Pacific High Temperature Superconducting Wires Forecasted Market Size by Region
7.2.1 Asia-Pacific High Temperature Superconducting Wires Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific High Temperature Superconducting Wires Sales in Value by Region (2024-2029)
8 Latin America High Temperature Superconducting Wires by Country
8.1 Latin America High Temperature Superconducting Wires Historic Market Size by Country
8.1.1 Latin America High Temperature Superconducting Wires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America High Temperature Superconducting Wires Sales in Volume by Country (2018-2023)
8.1.3 Latin America High Temperature Superconducting Wires Sales in Value by Country (2018-2023)
8.2 Latin America High Temperature Superconducting Wires Forecasted Market Size by Country
8.2.1 Latin America High Temperature Superconducting Wires Sales in Volume by Country (2024-2029)
8.2.2 Latin America High Temperature Superconducting Wires Sales in Value by Country (2024-2029)
9 Middle East and Africa High Temperature Superconducting Wires by Country
9.1 Middle East and Africa High Temperature Superconducting Wires Historic Market Size by Country
9.1.1 Middle East and Africa High Temperature Superconducting Wires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa High Temperature Superconducting Wires Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa High Temperature Superconducting Wires Sales in Value by Country (2018-2023)
9.2 Middle East and Africa High Temperature Superconducting Wires Forecasted Market Size by Country
9.2.1 Middle East and Africa High Temperature Superconducting Wires Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa High Temperature Superconducting Wires Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 AMSC
10.1.1 AMSC Company Information
10.1.2 AMSC Introduction and Business Overview
10.1.3 AMSC High Temperature Superconducting Wires Sales, Revenue and Gross Margin (2018-2023)
10.1.4 AMSC High Temperature Superconducting Wires Products Offered
10.1.5 AMSC Recent Development
10.2 SuperPower
10.2.1 SuperPower Company Information
10.2.2 SuperPower Introduction and Business Overview
10.2.3 SuperPower High Temperature Superconducting Wires Sales, Revenue and Gross Margin (2018-2023)
10.2.4 SuperPower High Temperature Superconducting Wires Products Offered
10.2.5 SuperPower Recent Development
10.3 Bruker
10.3.1 Bruker Company Information
10.3.2 Bruker Introduction and Business Overview
10.3.3 Bruker High Temperature Superconducting Wires Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Bruker High Temperature Superconducting Wires Products Offered
10.3.5 Bruker Recent Development
10.4 Fujikura
10.4.1 Fujikura Company Information
10.4.2 Fujikura Introduction and Business Overview
10.4.3 Fujikura High Temperature Superconducting Wires Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Fujikura High Temperature Superconducting Wires Products Offered
10.4.5 Fujikura Recent Development
10.5 Sumitomo
10.5.1 Sumitomo Company Information
10.5.2 Sumitomo Introduction and Business Overview
10.5.3 Sumitomo High Temperature Superconducting Wires Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Sumitomo High Temperature Superconducting Wires Products Offered
10.5.5 Sumitomo Recent Development
10.6 SuNam
10.6.1 SuNam Company Information
10.6.2 SuNam Introduction and Business Overview
10.6.3 SuNam High Temperature Superconducting Wires Sales, Revenue and Gross Margin (2018-2023)
10.6.4 SuNam High Temperature Superconducting Wires Products Offered
10.6.5 SuNam Recent Development
10.7 SHSC
10.7.1 SHSC Company Information
10.7.2 SHSC Introduction and Business Overview
10.7.3 SHSC High Temperature Superconducting Wires Sales, Revenue and Gross Margin (2018-2023)
10.7.4 SHSC High Temperature Superconducting Wires Products Offered
10.7.5 SHSC Recent Development
10.8 Innost
10.8.1 Innost Company Information
10.8.2 Innost Introduction and Business Overview
10.8.3 Innost High Temperature Superconducting Wires Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Innost High Temperature Superconducting Wires Products Offered
10.8.5 Innost Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 High Temperature Superconducting Wires Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 High Temperature Superconducting Wires Industrial Chain Analysis
11.4 High Temperature Superconducting Wires Market Dynamics
11.4.1 High Temperature Superconducting Wires Industry Trends
11.4.2 High Temperature Superconducting Wires Market Drivers
11.4.3 High Temperature Superconducting Wires Market Challenges
11.4.4 High Temperature Superconducting Wires Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 High Temperature Superconducting Wires Distributors
12.3 High Temperature Superconducting Wires Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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