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Superconducting Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global superconducting materials market size reached US$ 902.6 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 2,290.2 Million by 2027, exhibiting a growth rate (CAGR) of 17.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Superconducting materials refer to various metallic compounds or alloys that can conduct electricity/ electric charge with no resistance and without releasing heat, sound and energy. Some of the commonly used superconducting materials include gallium, cadmium, aluminum, vanadium, zinc, tungsten, thorium, lead, titanium and lanthanum. These materials are available in the form of powders or crystals, magnets, wires and cables. They are widely used in power storage devices, power grids, electric motors, magnetic levitation trains, magnetic resonance imaging (MRI) and electromagnetic generators. As a result, they find extensive applications across various industries, including electronics and medical.

Significant growth in the electronics and medical industries across the globe represents one of the key factors creating a positive outlook for the market. Superconducting materials are extensively used in the MRI equipment to diagnose various medical ailments, such as cardiovascular and musculoskeletal disorders, by producing accurate images of the internal organs. In line with this, electronics manufacturers use these materials for resistance-free conductivity in electric fans, elevators, pumps, industrial equipment, air conditioners, televisions and refrigerators. Additionally, various product innovations, such as the development of high-temperature superconducting fibers, are acting as other major growth-inducing factors. They are commonly used to manufacture high-endurance power cables, which can transmit energy at high speeds and can be efficiently utilized in various storage systems. Other factors, including the utilization of superconducting materials for improving the performance of smart grids, along with extensive research and development (R&D) activities, are anticipated to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global superconducting materials market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type and end use industry.

Breakup by Product Type:

  • Low-temperature Superconducting Materials (LTS)
  • High-temperature Superconducting Materials (HTS)
     

Breakup by End Use Industry:

  • Medical
  • Electronics
  • Energy
  • Defense
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being American Superconductor Co., evico GmbH, Hitachi Ltd., Hyper Tech Research Inc., Metal Oxide Technologies, Inc., Siemens AG, Sumitomo Electric Industries Ltd., Superconductor Technologies Inc., SuperPower Inc. (The Furukawa Electric Co. Ltd.) and Western Superconducting Technologies Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Product Type, End Use Industry, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered American Superconductor Co., evico GmbH, Hitachi Ltd., Hyper Tech Research Inc., Metal Oxide Technologies, Inc., Siemens AG, Sumitomo Electric Industries Ltd., Superconductor Technologies Inc., SuperPower Inc. (The Furukawa Electric Co. Ltd.) and Western Superconducting Technologies Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global superconducting materials market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global superconducting materials market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global superconducting materials market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology

    2.1   Objectives of the Study
    2.2   Stakeholders
    2.3   Data Sources
        2.3.1   Primary Sources
        2.3.2   Secondary Sources
    2.4   Market Estimation
        2.4.1   Bottom-Up Approach
        2.4.2   Top-Down Approach
    2.5   Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1   Overview
    4.2   Key Industry Trends
5   Global Superconducting Materials Market
    5.1   Market Overview
    5.2   Market Performance
    5.3   Impact of COVID-19
    5.4   Market Forecast
6    Market Breakup by Product Type
     6.1   Low-temperature Superconducting Materials (LTS)
        6.1.1 Market Trends
        6.1.2 Market Forecast
     6.2   High-temperature Superconducting Materials (HTS)
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by End Use Industry
     7.1   Medical
        7.1.1 Market Trends
        7.1.2 Market Forecast
     7.2   Electronics
        7.2.1 Market Trends
        7.2.2 Market Forecast
     7.3   Energy
        7.3.1 Market Trends
        7.3.2 Market Forecast
     7.4   Defense
        7.4.1 Market Trends
        7.4.2 Market Forecast
     7.5   Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Region
     8.1   North America
          8.1.1   United States
               8.1.1.1 Market Trends
               8.1.1.2 Market Forecast
          8.1.2   Canada
               8.1.2.1 Market Trends
               8.1.2.2 Market Forecast
     8.2   Asia-Pacific
          8.2.1   China
               8.2.1.1 Market Trends
               8.2.1.2 Market Forecast
          8.2.2   Japan
               8.2.2.1 Market Trends
               8.2.2.2 Market Forecast
          8.2.3   India
               8.2.3.1 Market Trends
               8.2.3.2 Market Forecast
          8.2.4   South Korea
               8.2.4.1 Market Trends
               8.2.4.2 Market Forecast
          8.2.5   Australia
               8.2.5.1 Market Trends
               8.2.5.2 Market Forecast
          8.2.6   Indonesia
               8.2.6.1 Market Trends
               8.2.6.2 Market Forecast
          8.2.7   Others
               8.2.7.1 Market Trends
               8.2.7.2 Market Forecast
     8.3   Europe
          8.3.1   Germany
               8.3.1.1 Market Trends
               8.3.1.2 Market Forecast
          8.3.2   France
               8.3.2.1 Market Trends
               8.3.2.2 Market Forecast
          8.3.3   United Kingdom
               8.3.3.1 Market Trends
               8.3.3.2 Market Forecast
          8.3.4   Italy
               8.3.4.1 Market Trends
               8.3.4.2 Market Forecast
          8.3.5   Spain
               8.3.5.1 Market Trends
               8.3.5.2 Market Forecast
          8.3.6   Russia
               8.3.6.1 Market Trends
               8.3.6.2 Market Forecast
          8.3.7   Others
               8.3.7.1 Market Trends
               8.3.7.2 Market Forecast
     8.4   Latin America
          8.4.1   Brazil
               8.4.1.1 Market Trends
               8.4.1.2 Market Forecast
          8.4.2   Mexico
               8.4.2.1 Market Trends
               8.4.2.2 Market Forecast
          8.4.3   Others
               8.4.3.1 Market Trends
               8.4.3.2 Market Forecast
     8.5   Middle East and Africa
          8.5.1 Market Trends
          8.5.2 Market Breakup by Country
          8.5.3 Market Forecast
9   SWOT Analysis
    9.1   Overview
    9.2   Strengths
    9.3   Weaknesses
    9.4   Opportunities
    9.5   Threats
10  Value Chain Analysis
11  Porters Five Forces Analysis

    11.1   Overview
    11.2   Bargaining Power of Buyers
    11.3   Bargaining Power of Suppliers
    11.4   Degree of Competition
    11.5   Threat of New Entrants
    11.6   Threat of Substitutes
12  Price Analysis
13  Competitive Landscape

    13.1   Market Structure
    13.2   Key Players
    13.3   Profiles of Key Players
         13.3.1   American Superconductor Co.
              13.3.1.1   Company Overview
              13.3.1.2   Product Portfolio
              13.3.1.3   Financials
              13.3.1.4   SWOT Analysis
         13.3.2   evico GmbH
              13.3.2.1   Company Overview
              13.3.2.2   Product Portfolio
         13.3.3   Hitachi Ltd.
              13.3.3.1   Company Overview
              13.3.3.2   Product Portfolio
              13.3.3.3   Financials
              13.3.3.4   SWOT Analysis
         13.3.4   Hyper Tech Research Inc.
              13.3.4.1   Company Overview
              13.3.4.2   Product Portfolio
         13.3.5   Metal Oxide Technologies, Inc.
              13.3.5.1   Company Overview
              13.3.5.2   Product Portfolio
         13.3.6   Siemens AG
              13.3.6.1   Company Overview
              13.3.6.2   Product Portfolio
              13.3.6.3   Financials
              13.3.6.4   SWOT Analysis
         13.3.7   Sumitomo Electric Industries Ltd.
              13.3.7.1   Company Overview
              13.3.7.2   Product Portfolio
              13.3.7.3   Financials
              13.3.7.4   SWOT Analysis
         13.3.8   Superconductor Technologies Inc.
              13.3.8.1   Company Overview
              13.3.8.2   Product Portfolio
              13.3.8.3   Financials
         13.3.9   SuperPower Inc. (The Furukawa Electric Co. Ltd.)
              13.3.9.1   Company Overview
              13.3.9.2   Product Portfolio
         13.3.10   Western Superconducting Technologies Co. Ltd.
              13.3.10.1   Company Overview
              13.3.10.2   Product Portfolio
              13.3.10.3   Financials

List of Figures

Figure 1: Global: Superconducting Materials Market: Major Drivers and Challenges
Figure 2: Global: Superconducting Materials Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Superconducting Materials Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Superconducting Materials Market: Breakup by End Use Industry (in %), 2021
Figure 6: Global: Superconducting Materials Market: Breakup by Region (in %), 2021
Figure 7: Global: Superconducting Materials (Low-temperature Superconducting Materials (LTS)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Superconducting Materials (Low-temperature Superconducting Materials (LTS)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Superconducting Materials (High-temperature Superconducting Materials (HTS)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Superconducting Materials (High-temperature Superconducting Materials (HTS)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Superconducting Materials (Medical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Superconducting Materials (Medical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Superconducting Materials (Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Superconducting Materials (Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Superconducting Materials (Energy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Superconducting Materials (Energy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Superconducting Materials (Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Superconducting Materials (Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Superconducting Materials (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Superconducting Materials (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: North America: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: North America: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: North America: Superconducting Materials Market: Breakup by Country (in %), 2021
Figure 24: United States: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: United States: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Canada: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Canada: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Asia-Pacific: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Asia-Pacific: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Asia-Pacific: Superconducting Materials Market: Breakup by Country (in %), 2021
Figure 31: China: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: China: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Japan: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Japan: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: India: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: India: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: South Korea: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: South Korea: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Australia: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Australia: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Indonesia: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Indonesia: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Others: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Others: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Europe: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Europe: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Europe: Superconducting Materials Market: Breakup by Country (in %), 2021
Figure 48: Germany: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Germany: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: France: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: France: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: United Kingdom: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: United Kingdom: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Italy: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Italy: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Spain: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Spain: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Russia: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Russia: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Latin America: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Latin America: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Latin America: Superconducting Materials Market: Breakup by Country (in %), 2021
Figure 65: Brazil: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Brazil: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Mexico: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Mexico: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Others: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Others: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Middle East and Africa: Superconducting Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Middle East and Africa: Superconducting Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Middle East and Africa: Superconducting Materials Market: Breakup by Country (in %), 2021
Figure 74: Global: Superconducting Materials Industry: SWOT Analysis
Figure 75: Global: Superconducting Materials Industry: Value Chain Analysis
Figure 76: Global: Superconducting Materials Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Superconducting Materials Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Superconducting Materials Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Superconducting Materials Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 4: Global: Superconducting Materials Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Superconducting Materials Market: Competitive Structure
Table 6: Global: Superconducting Materials Market: Key Players


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