The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Superconducting Cables-Global Market Insights and Sales Trends 2024
Synopsis
Superconducting power cables act as a bridge between electric energy transmission and distribution. In a superconducting power cable, a superconducting conductor that reaches superconductivity of zero electric resistance below a specific low temperature is used, allowing low-loss transmission of large currents. Superconducting cables with just 20 percent of the thickness of copper cables have an advantage of heightening electric power transmission dimensions a maximum of 10 times (5 times in alternating current, 10 times in direct current) compared to previous cables by using the superconducting phenomenon that electric resistance disappears at -196℃. This means that there is hardly any dissipation of electricity during power transmission. At present, many national research institutions and cable manufacturers are researching and developing this product. The cable market will completely switch to superconducting cables in the future. Many governments are supporting businesses for the commercialization because of the enormous cost of the project. Our data only covers manufacturer revenue from superconducting power cables. Cooling equipment is generally provided by industrial gas manufacturers, so this part of income is not counted.
The global Superconducting Cables market size is expected to reach US$ 729.6 million by 2029, growing at a CAGR of 12.1% from 2023 to 2029. The market is mainly driven by the significant applications of Superconducting Cables in various end use industries. The expanding demands from the Grid and Smart Grid, Industrial Applications and Others,, are propelling Superconducting Cables market. YBCO Cables, 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 Bi-2212 Cables segment is estimated at % CAGR for the next seven-year period.
Global Superconducting Cables key players include Nexans, AMSC, MetOx, Furukawa Electric, STI, etc. Global top five manufacturers hold a share about 50%. United States is the largest market, with a share about 35%, followed by Europe, with a share about 30 percent. In terms of product, YBCO Cables is the largest segment, with a share about 70%. And in terms of application, the largest application is Grid and Smart Grid, followed by Industrial Applications, etc.
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 Superconducting Cables, 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 Superconducting Cables 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 Superconducting Cables market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Superconducting Cables 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 Superconducting Cables covered in this report include Nexans, AMSC, MetOx, Furukawa Electric, STI, Bruker, Fujikura, SEI and SuNam, etc.
The global Superconducting Cables market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Nexans
AMSC
MetOx
Furukawa Electric
STI
Bruker
Fujikura
SEI
SuNam
SHSC
Innost
Global Superconducting Cables 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 Superconducting Cables market, Segment by Type:
YBCO Cables
Bi-2212 Cables
Bi2223 Cables
Others
Global Superconducting Cables market, by Application
Grid and Smart Grid
Industrial Applications
Others
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 Superconducting Cables manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Superconducting Cables 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 power cables act as a bridge between electric energy transmission and distribution. In a superconducting power cable, a superconducting conductor that reaches superconductivity of zero electric resistance below a specific low temperature is used, allowing low-loss transmission of large currents. Superconducting cables with just 20 percent of the thickness of copper cables have an advantage of heightening electric power transmission dimensions a maximum of 10 times (5 times in alternating current, 10 times in direct current) compared to previous cables by using the superconducting phenomenon that electric resistance disappears at -196℃. This means that there is hardly any dissipation of electricity during power transmission. At present, many national research institutions and cable manufacturers are researching and developing this product. The cable market will completely switch to superconducting cables in the future. Many governments are supporting businesses for the commercialization because of the enormous cost of the project. Our data only covers manufacturer revenue from superconducting power cables. Cooling equipment is generally provided by industrial gas manufacturers, so this part of income is not counted.
The global Superconducting Cables market size is expected to reach US$ 729.6 million by 2029, growing at a CAGR of 12.1% from 2023 to 2029. The market is mainly driven by the significant applications of Superconducting Cables in various end use industries. The expanding demands from the Grid and Smart Grid, Industrial Applications and Others,, are propelling Superconducting Cables market. YBCO Cables, 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 Bi-2212 Cables segment is estimated at % CAGR for the next seven-year period.
Global Superconducting Cables key players include Nexans, AMSC, MetOx, Furukawa Electric, STI, etc. Global top five manufacturers hold a share about 50%. United States is the largest market, with a share about 35%, followed by Europe, with a share about 30 percent. In terms of product, YBCO Cables is the largest segment, with a share about 70%. And in terms of application, the largest application is Grid and Smart Grid, followed by Industrial Applications, etc.
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 Superconducting Cables, 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 Superconducting Cables 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 Superconducting Cables market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Superconducting Cables 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 Superconducting Cables covered in this report include Nexans, AMSC, MetOx, Furukawa Electric, STI, Bruker, Fujikura, SEI and SuNam, etc.
The global Superconducting Cables market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Nexans
AMSC
MetOx
Furukawa Electric
STI
Bruker
Fujikura
SEI
SuNam
SHSC
Innost
Global Superconducting Cables 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 Superconducting Cables market, Segment by Type:
YBCO Cables
Bi-2212 Cables
Bi2223 Cables
Others
Global Superconducting Cables market, by Application
Grid and Smart Grid
Industrial Applications
Others
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 Superconducting Cables manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Superconducting Cables 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 Superconducting Cables Market Overview
1.1 Superconducting Cables Product Overview
1.2 Superconducting Cables Market Segment by Type
1.2.1 YBCO Cables
1.2.2 Bi-2212 Cables
1.2.3 Bi2223 Cables
1.2.4 Others
1.3 Global Superconducting Cables Market Size by Type
1.3.1 Global Superconducting Cables Market Size Overview by Type (2018-2029)
1.3.2 Global Superconducting Cables Historic Market Size Review by Type (2018-2023)
1.3.3 Global Superconducting Cables Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Superconducting Cables Sales Breakdown by Type (2018-2023)
1.4.2 Europe Superconducting Cables Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Superconducting Cables Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Superconducting Cables Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Superconducting Cables Sales Breakdown by Type (2018-2023)
2 Global Superconducting Cables Market Competition by Company
2.1 Global Top Players by Superconducting Cables Sales (2018-2023)
2.2 Global Top Players by Superconducting Cables Revenue (2018-2023)
2.3 Global Top Players by Superconducting Cables Price (2018-2023)
2.4 Global Top Manufacturers Superconducting Cables Manufacturing Base Distribution, Sales Area, Product Type
2.5 Superconducting Cables Market Competitive Situation and Trends
2.5.1 Superconducting Cables Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Superconducting Cables 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 Superconducting Cables as of 2022)
2.7 Date of Key Manufacturers Enter into Superconducting Cables Market
2.8 Key Manufacturers Superconducting Cables Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Superconducting Cables Status and Outlook by Region
3.1 Global Superconducting Cables Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Superconducting Cables Historic Market Size by Region
3.2.1 Global Superconducting Cables Sales in Volume by Region (2018-2023)
3.2.2 Global Superconducting Cables Sales in Value by Region (2018-2023)
3.2.3 Global Superconducting Cables Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Superconducting Cables Forecasted Market Size by Region
3.3.1 Global Superconducting Cables Sales in Volume by Region (2024-2029)
3.3.2 Global Superconducting Cables Sales in Value by Region (2024-2029)
3.3.3 Global Superconducting Cables Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Superconducting Cables by Application
4.1 Superconducting Cables Market Segment by Application
4.1.1 Grid and Smart Grid
4.1.2 Industrial Applications
4.1.3 Others
4.2 Global Superconducting Cables Market Size by Application
4.2.1 Global Superconducting Cables Market Size Overview by Application (2018-2029)
4.2.2 Global Superconducting Cables Historic Market Size Review by Application (2018-2023)
4.2.3 Global Superconducting Cables Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Superconducting Cables Sales Breakdown by Application (2018-2023)
4.3.2 Europe Superconducting Cables Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Superconducting Cables Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Superconducting Cables Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Superconducting Cables Sales Breakdown by Application (2018-2023)
5 North America Superconducting Cables by Country
5.1 North America Superconducting Cables Historic Market Size by Country
5.1.1 North America Superconducting Cables Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Superconducting Cables Sales in Volume by Country (2018-2023)
5.1.3 North America Superconducting Cables Sales in Value by Country (2018-2023)
5.2 North America Superconducting Cables Forecasted Market Size by Country
5.2.1 North America Superconducting Cables Sales in Volume by Country (2024-2029)
5.2.2 North America Superconducting Cables Sales in Value by Country (2024-2029)
6 Europe Superconducting Cables by Country
6.1 Europe Superconducting Cables Historic Market Size by Country
6.1.1 Europe Superconducting Cables Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Superconducting Cables Sales in Volume by Country (2018-2023)
6.1.3 Europe Superconducting Cables Sales in Value by Country (2018-2023)
6.2 Europe Superconducting Cables Forecasted Market Size by Country
6.2.1 Europe Superconducting Cables Sales in Volume by Country (2024-2029)
6.2.2 Europe Superconducting Cables Sales in Value by Country (2024-2029)
7 Asia-Pacific Superconducting Cables by Region
7.1 Asia-Pacific Superconducting Cables Historic Market Size by Region
7.1.1 Asia-Pacific Superconducting Cables Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Superconducting Cables Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Superconducting Cables Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Superconducting Cables Forecasted Market Size by Region
7.2.1 Asia-Pacific Superconducting Cables Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Superconducting Cables Sales in Value by Region (2024-2029)
8 Latin America Superconducting Cables by Country
8.1 Latin America Superconducting Cables Historic Market Size by Country
8.1.1 Latin America Superconducting Cables Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Superconducting Cables Sales in Volume by Country (2018-2023)
8.1.3 Latin America Superconducting Cables Sales in Value by Country (2018-2023)
8.2 Latin America Superconducting Cables Forecasted Market Size by Country
8.2.1 Latin America Superconducting Cables Sales in Volume by Country (2024-2029)
8.2.2 Latin America Superconducting Cables Sales in Value by Country (2024-2029)
9 Middle East and Africa Superconducting Cables by Country
9.1 Middle East and Africa Superconducting Cables Historic Market Size by Country
9.1.1 Middle East and Africa Superconducting Cables Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Superconducting Cables Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Superconducting Cables Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Superconducting Cables Forecasted Market Size by Country
9.2.1 Middle East and Africa Superconducting Cables Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Superconducting Cables Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Nexans
10.1.1 Nexans Company Information
10.1.2 Nexans Introduction and Business Overview
10.1.3 Nexans Superconducting Cables Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Nexans Superconducting Cables Products Offered
10.1.5 Nexans Recent Development
10.2 AMSC
10.2.1 AMSC Company Information
10.2.2 AMSC Introduction and Business Overview
10.2.3 AMSC Superconducting Cables Sales, Revenue and Gross Margin (2018-2023)
10.2.4 AMSC Superconducting Cables Products Offered
10.2.5 AMSC Recent Development
10.3 MetOx
10.3.1 MetOx Company Information
10.3.2 MetOx Introduction and Business Overview
10.3.3 MetOx Superconducting Cables Sales, Revenue and Gross Margin (2018-2023)
10.3.4 MetOx Superconducting Cables Products Offered
10.3.5 MetOx Recent Development
10.4 Furukawa Electric
10.4.1 Furukawa Electric Company Information
10.4.2 Furukawa Electric Introduction and Business Overview
10.4.3 Furukawa Electric Superconducting Cables Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Furukawa Electric Superconducting Cables Products Offered
10.4.5 Furukawa Electric Recent Development
10.5 STI
10.5.1 STI Company Information
10.5.2 STI Introduction and Business Overview
10.5.3 STI Superconducting Cables Sales, Revenue and Gross Margin (2018-2023)
10.5.4 STI Superconducting Cables Products Offered
10.5.5 STI Recent Development
10.6 Bruker
10.6.1 Bruker Company Information
10.6.2 Bruker Introduction and Business Overview
10.6.3 Bruker Superconducting Cables Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Bruker Superconducting Cables Products Offered
10.6.5 Bruker Recent Development
10.7 Fujikura
10.7.1 Fujikura Company Information
10.7.2 Fujikura Introduction and Business Overview
10.7.3 Fujikura Superconducting Cables Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Fujikura Superconducting Cables Products Offered
10.7.5 Fujikura Recent Development
10.8 SEI
10.8.1 SEI Company Information
10.8.2 SEI Introduction and Business Overview
10.8.3 SEI Superconducting Cables Sales, Revenue and Gross Margin (2018-2023)
10.8.4 SEI Superconducting Cables Products Offered
10.8.5 SEI Recent Development
10.9 SuNam
10.9.1 SuNam Company Information
10.9.2 SuNam Introduction and Business Overview
10.9.3 SuNam Superconducting Cables Sales, Revenue and Gross Margin (2018-2023)
10.9.4 SuNam Superconducting Cables Products Offered
10.9.5 SuNam Recent Development
10.10 SHSC
10.10.1 SHSC Company Information
10.10.2 SHSC Introduction and Business Overview
10.10.3 SHSC Superconducting Cables Sales, Revenue and Gross Margin (2018-2023)
10.10.4 SHSC Superconducting Cables Products Offered
10.10.5 SHSC Recent Development
10.11 Innost
10.11.1 Innost Company Information
10.11.2 Innost Introduction and Business Overview
10.11.3 Innost Superconducting Cables Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Innost Superconducting Cables Products Offered
10.11.5 Innost Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Superconducting Cables 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 Superconducting Cables Industrial Chain Analysis
11.4 Superconducting Cables Market Dynamics
11.4.1 Superconducting Cables Industry Trends
11.4.2 Superconducting Cables Market Drivers
11.4.3 Superconducting Cables Market Challenges
11.4.4 Superconducting Cables Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Superconducting Cables Distributors
12.3 Superconducting Cables 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
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest IT & Electronics Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
