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Europe Superconducting Wire Market Size, Share & Industry Trends Analysis Report by Type, Sales Channel, End User, Country and Growth Forecast, 2022-2028

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    Report

  • 84 Pages
  • March 2023
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5779046
The Europe Superconducting Wire Market should witness market growth of 8.5% CAGR during the forecast period (2022-2028).

The rising demand for immensely efficient electric motors, as well as growing investments in designing cost-effective products have also facilitated the emergence of innovative use cases of the wire. Players operating in the market should benefit from increased investments in research &development, a strong focus on creating more affordable and effective superconducting wires, and continual research on advancing current technology and commercializing superconductors to explore new applications.

Bi-2223 or REBCO tapes are high-temperature superconductors that may be cooled using cryo-free cooling techniques or liquid nitrogen. This prospect is driving significant advancements in applications like power transmission lines. The characteristics of REBCO tapes, which would necessitate additional cost reduction, and Bi-2212 round wires, which are still awaiting well-evaluated industrialization, are encouraging for very strong field operations at low temperatures. In addition, due to its high case temperature, MgB2 has the potential to be a cheap superconductor that might be used in applications requiring less cooling.

Bruker European Advanced Superconductors, Oxford Superconducting Technologies, and F4E (Fusion for energy, an undertaking of the European Atomic Energy Community) completed a significant milestone related to Europe's contribution to the potent magnets in ITER. The wire is essential for the TF (toroidal field) coils to achieve the enormous 12 Tmagnetic field to confine the plasma inside the ITER (International Thermonuclear Experimental Reactor) machine. Hence, the growing number of projects involving superconducting wires is positively impacting the market growth throughout the forecasted period.

The Germany market dominated the Europe Superconducting Wire Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $124.3 Million by 2028. The UK market is anticipated to grow at a CAGR of 7.6% during (2022-2028). Additionally, The France market would exhibit a CAGR of 9.3% during (2022-2028).

Based on Type, the market is segmented into Low Temperature Superconductor, Medium Temperature Superconductor and High Temperature Superconductor. Based on Sales Channel, the market is segmented into Direct and Indirect. Based on End-user, the market is segmented into Medical, Energy, Research, Transportation, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bruker Corporation, Furukawa Electric Co., Ltd., Fujikura Ltd., Eaton Corporation PLC, FUJI ELECTRIC CO., LTD., Phoenix Contact GmbH & Co. KG, Sumitomo Electric Industries, Ltd., Nexans SA, LS Cable & System Ltd., and MetOx Technologies, Inc.

Scope of the Study

By Type

  • Low Temperature Superconductor
  • Medium Temperature Superconductor
  • High Temperature Superconductor

By Sales Channel

  • Direct
  • Indirect

By End-user

  • Medical
  • Energy
  • Research
  • Transportation
  • Others

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

  • Bruker Corporation
  • Furukawa Electric Co., Ltd.
  • Fujikura Ltd.
  • Eaton Corporation PLC
  • FUJI ELECTRIC CO., LTD.
  • Phoenix Contact GmbH & Co. KG
  • Sumitomo Electric Industries, Ltd.
  • Nexans SA
  • LS Cable & System Ltd.
  • MetOx Technologies, Inc.

Unique Offerings

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Superconducting Wire Market, by Type
1.4.2 Europe Superconducting Wire Market, by Sales Channel
1.4.3 Europe Superconducting Wire Market, by End-user
1.4.4 Europe Superconducting Wire Market, by Country
1.5 Research Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Superconducting Wire Market by Type
3.1 Europe Low Temperature Superconductor Market by Country
3.2 Europe Medium Temperature Superconductor Market by Country
3.3 Europe High Temperature Superconductor Market by Country
Chapter 4. Europe Superconducting Wire Market by Sales Channel
4.1 Europe Direct Market by Country
4.2 Europe Indirect Market by Country
Chapter 5. Europe Superconducting Wire Market by End-user
5.1 Europe Medical Market by Country
5.2 Europe Energy Market by Country
5.3 Europe Research Market by Country
5.4 Europe Transportation Market by Country
5.5 Europe Others Market by Country
Chapter 6. Europe Superconducting Wire Market by Country
6.1 Germany Superconducting Wire Market
6.1.1 Germany Superconducting Wire Market by Type
6.1.2 Germany Superconducting Wire Market by Sales Channel
6.1.3 Germany Superconducting Wire Market by End-user
6.2 UK Superconducting Wire Market
6.2.1 UK Superconducting Wire Market by Type
6.2.2 UK Superconducting Wire Market by Sales Channel
6.2.3 UK Superconducting Wire Market by End-user
6.3 France Superconducting Wire Market
6.3.1 France Superconducting Wire Market by Type
6.3.2 France Superconducting Wire Market by Sales Channel
6.3.3 France Superconducting Wire Market by End-user
6.4 Russia Superconducting Wire Market
6.4.1 Russia Superconducting Wire Market by Type
6.4.2 Russia Superconducting Wire Market by Sales Channel
6.4.3 Russia Superconducting Wire Market by End-user
6.5 Spain Superconducting Wire Market
6.5.1 Spain Superconducting Wire Market by Type
6.5.2 Spain Superconducting Wire Market by Sales Channel
6.5.3 Spain Superconducting Wire Market by End-user
6.6 Italy Superconducting Wire Market
6.6.1 Italy Superconducting Wire Market by Type
6.6.2 Italy Superconducting Wire Market by Sales Channel
6.6.3 Italy Superconducting Wire Market by End-user
6.7 Rest of Europe Superconducting Wire Market
6.7.1 Rest of Europe Superconducting Wire Market by Type
6.7.2 Rest of Europe Superconducting Wire Market by Sales Channel
6.7.3 Rest of Europe Superconducting Wire Market by End-user
Chapter 7. Company Profiles
7.1 Bruker Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent Strategies and Developments
7.1.5.1 Partnerships, Collaborations, and Agreements
7.2 Nexans SA
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent Strategies and Developments
7.2.5.1 Acquisition and Mergers
7.3 LS Cable & System Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Recent Strategies and Developments
7.3.3.1 Geographical Expansions
7.4 Furukawa Electric Co., Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.5 Sumitomo Electric Industries, Ltd.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional & Segmental Analysis
7.5.4 Research & Development Expenses
7.6 Fujikura Ltd.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 Eaton Corporation PLC
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental Analysis
7.7.4 Research & Development Expense
7.8 Fuji Electric Co. Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.9 Phoenix Contact GmbH & Co. KG
7.9.1 Company Overview
7.9.2 Recent Strategies and Developments
7.9.2.1 Acquisition and Mergers
7.10. MetOx Technologies, Inc.
7.10.1 Company Overview

Companies Mentioned

  • Bruker Corporation
  • Furukawa Electric Co., Ltd.
  • Fujikura Ltd.
  • Eaton Corporation PLC
  • FUJI ELECTRIC CO., LTD.
  • Phoenix Contact GmbH & Co. KG
  • Sumitomo Electric Industries, Ltd.
  • Nexans SA
  • LS Cable & System Ltd.
  • MetOx Technologies, Inc.

Methodology

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