The superconductor industry global market

The global market for superconductor technologies accounted for USD 1.8 billion in 2015 and is expected to reach USD 5.8 billion by 2022.
The global market for superconductor technologies accounted for USD 1.8 billion in 2015 and is expected to reach USD 5.8 billion by 2022, growing at a compound annual growth rate (CAGR) of 12.8%.

These materials can be classified into ceramics, organic materials and metals. The demand for superconductors is escalating due to their increase in applications in commercial, health care and industrial sectors. Superconductors are also broadly used in technologically advanced studies and in magnetic resonance imaging. Superconductivity is also one of the most promising cryogenic technologies.

The semiconductor industry comprises of large numbers of established players and there are many emerging players looking to enter this market. Key companies in this industry include ABB Ltd, Diboride Conductors Ltd, Eriez Manufacturing Company, Fuji Electric Company, Innova Superconductor Technologies, Hypres Inc, D-wave systems INC and Cryoton Ltd.

Source: ReportLinker



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