A superconducting magnet is an electromagnet made from coils of superconducting wire. They must be cooled to cryogenic temperatures during operation. In its superconducting state the wire has no electrical resistance and therefore can conduct much larger electric currents than ordinary wire, creating intense magnetic fields. Superconducting magnets can produce greater magnetic fields than all but the strongest non-superconducting electromagnets and can be cheaper to operate because no energy is dissipated as heat in the windings. They are used in MRI machines in hospitals, and in scientific equipment such as NMR spectrometers, mass spectrometers, fusion reactors and particle accelerators.
The global market for superconducting magnets is predicted to witness a progressive growth in the next few years. The growing demand from the medical devices market is one of the key factors that are likely to encourage the growth of the market in the next few years. In addition, the rising number of applications in the healthcare sector, such as magnetic resonance imaging is expected to generate promising opportunities for market players operating in the global superconducting magnets market in the near future.
On the other hand, the global market for superconducting magnets is presently at a nascent stage, owing to which there are several challenges that are being faced by the players. Moreover, the lack of knowledge regarding this technology and products in developing economies is likely to restrict the growth of the overall market throughout the forecast period. Nevertheless, the increasing focus of key players on technological developments and innovations is expected to fuel the growth of the global superconducting magnets market in the coming few years.
In 2019, the market size of Superconducting Magnets is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Superconducting Magnets.
This report studies the global market size of Superconducting Magnets, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Superconducting Magnets production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Columbus Superconductors
Agilent Technologies
American Magnetics
Bruker
Oxford Instruments
...
Market Segment by Product Type
Medical Devices & Equipment
Mass Spectrometers
Particle Accelerators
Separation Process and Nuclear Magnetic
Market Segment by Application
Oil Industry
Gas Industry
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Superconducting Magnets status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Superconducting Magnets manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Superconducting Magnets are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Superconducting Magnets. Industry analysis & Market Report on Superconducting Magnets is a syndicated market report, published as Global (United States, European Union and China) Superconducting Magnets Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Superconducting Magnets market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.