|[February 12, 2014]
Research and Markets: Global Superconductor Market 2014-2018: with American Superconductor Corp., Bruker Corp. and Sumitomo Electric Industries Ltd. Dominating
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/jwlvxf/global)
has announced the addition of the "Global
Superconductor Market 2014-2018" report to their offering.
The analysts forecast the Global Superconductors market to grow at a
CAGR of 2.77 percent over the period 2013-2018. One of the key factors
contributing to this market growth is the increasing demand for advanced
power grid infrastructure. The Global Superconductors market has also
been witnessing the increasing demand for superconducting MRI equipment.
However, the high-cost of superconductor cooling systems could pose a
challenge to the growth of this market.
Key vendors dominating this space are American Superconductor (News - Alert) Corp.,
Bruker Corp., Southwire Co., Sumitomo Electric Industries Ltd., and
Other vendors mentioned in the report are American Magnetics Inc., ASG
Supercoductors SpA, Evico GmbH, Furukawa Electric Co. Ltd., Hyper Tech
Research Inc., Japan Superconductor Inc., LS Cable (News - Alert) Ltd., Oxford
Instruments plc, Superconductor Technologies Inc., and Zenergy Power plc.
Commenting on the report, an analyst from the team said: One of the
major trends emerging in the Global Superconductor market is the
increasing demand for superconducting MRI equipment. Several factors
such as the increase in the number of patients and rising incidences of
neurological, oncological, and cardiac diseases across the globe have
resulted in the wider adoption of superconducting MRI equipment.
Specialized medical professionals constantly upgrade their medical
equipment to provide effective diagnosis treatment to their patients. As
superconducting MRI equipment produces improved image quality, crucial
in the diagnosis of brain injuries and stroke, there has been an
increased adoption of such equipment among medical professionals.
Further, the increasing need for effective diagnosis is driving the
adoption of superconducting MRI equipment in large hospitals, big
government institutions, and large diagnostic centers. Thus, the
adoption rate of superconducting MRI systems is expected to increase due
to their high imaging quality and cost-effectiveness.
According to the report, the growth of the Global Superconductor market
is driven by several factors, the most important of which is the
increasing demand for advanced power grid infrastructure. The increasing
demand for electricity and high transmission loss in the power grid has
been driving the adoption of superconductors in the power grid
For more information visit http://www.researchandmarkets.com/research/jwlvxf/global
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