Global $9.5+ Billion Superconductors Markets to 2031 - Growing Demand for MRI Machines is expected to Drive Growth
DUBLIN, June 24, 2022 /PRNewswire/ -- The "Global Superconductors Market Report 2022, by Type, by Material, by Product, by Application" report has been added to ResearchAndMarkets.com's offering.
Superconductors Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global superconductors market.
Major players in the superconductors market are American Superconductor, Bruker, Furukawa Electric Co. Ltd., Southwire Company LLC., Sumitomo Electric Industries Ltd., Fujikura Ltd., Superconductor Technologies Inc., Cryomagnetics Inc., Deutsche Nanoschicht GmbH, and Japan Superconductor Technology Inc.
According to the Health System Tracker, in 2020, the USA has 40.4 MRI machines per million people, considerably more than most comparably rich countries excluding Japan (55.2). Therefore, the growing demand for MRI machines drives the growth of the superconductors market.
They can produce strong magnetic fields since the cable covering the magnet has no electrical resistance when the magnet is in its superconducting state. Although superconducting magnets are fantastic, they can be costly to operate due to the energy lost as heat in the windings. The cost of the semiconductor magnet ranges from $75 to $575 per kilogram depending on the manufacturer. Therefore, high-cost restraints the growth of the superconductors market.
6.2. Global Superconductors Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
6.3. Global Superconductors Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
6.4. Global Superconductors Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7. Superconductors Market Regional And Country Analysis
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