Superconductors Market Size, Emerging Trends 2023-2032

Global Superconductors market was valued at US$ 735.7 million in 2022 and is projected to reach US$ 885.3 million by 2029, at a CAGR of 2.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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Superconductor is a material that can conduct electricity or transport electrons from one atom to another with no resistance. This means no heat, sound or any other form of energy would be released from the material when it has reached “critical temperature” (Tc), or the temperature at which the material becomes superconductive. However, most materials must be in an extremely low energy state (very cold) in order to become superconductive.

Total Market by Segment:

Global Superconductors Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Km)

Global Superconductors Market Segment Percentages, by Type, 2022 (%)

• Low Temperature Superconductor (LTS)

• High temperature superconductor (HTS)

Further, the report presents profiles of competitors in the market, key players include:

• American Superconductor

• Bruker

• Sumitomo Electric

• SuperPower

• Evico

• Furukawa Electric

• LS Cable

• Oxford Instruments

• Superconductor Technologies

• Zenergy Power

• Commonwealth Fusion Systems

• Innovensys

• Nexans

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