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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 High Temperature Superconducting Wires market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for High Temperature Superconducting Wires.
This report presents the worldwide High Temperature Superconducting Wires market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
High Temperature Superconducting Wires Breakdown Data by Type
First Generation HT Superconductors
Second Generation HT Superconductors
High Temperature Superconducting Wires Breakdown Data by Application
High Temperature Superconducting Wires Production by Region
High Temperature Superconducting Wires Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global High Temperature Superconducting Wires status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key High Temperature Superconducting Wires manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of High Temperature Superconducting Wires :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of High Temperature Superconducting Wires market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.