The Superconductors Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Superconductors Market?
The size of the superconductors market has expanded quickly over the recent years. It is projected to increase from $8.12 billion in 2024 to $8.94 billion in 2025, with a compound annual growth rate (CAGR) of 10.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Superconductors Industry?
The Superconductors Global Market Report 2025 predicts that by 2029, the market size for superconductors will reach $14.1 billion, growing at a compound annual growth rate (CAGR) of 12.1%.
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What are the Key Growth Drivers Fueling the Superconductors Market?
The key drivers in the superconductors market are:
• The integration of renewable energy sources
• The advancement and implementation of quantum computing
• The development of high-speed transportation systems
• The continued expansion of the semiconductor industry
Global Market Segmentation: Identifying Major Superconductors Industry Segments
The superconductors market covered in this report is segmented –
1) By Type: Type-I Superconductor, Type-II Superconductor
2) By Material: Stainless Steel, Yttrium Barium Copper Oxide, Bismuth Strontium Calcium Copper Oxide, Other Materials
3) By Product: Magnets, Cables, Transformers, Energy Storage Devices
4) By Application: Energy, Electronics, Medical, Research And Development, Industrial, Other Applications
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What are the Emerging Trends Shaping the Future of the Superconductors Market?
The key trends in the natural gas pipeline transport market are:
• High-temperature superconductors (HTS) is an emerging trend shaping the future market.
• There's a rising trend of cryogen-free superconducting systems.
• Superconducting fault current limiters are becoming increasingly prevalent.
• Rising demand for smart devices and space exploration is also influencing market trends.
Who Are the Top Competitors & Leading Players in the Superconductors Market?
Major companies in the superconductors market are:
• American Superconductor
• Bruker Corporation
• Furukawa Electric Co. Ltd.
• Southwire Company LLC.
• Sumitomo Electric Industries Ltd.
• Fujikura Ltd.
• Superconductor Technologies Inc.
• Cryomagnetics Inc.
• Deutsche Nanoschicht GmbH
• Japan Superconductor Technology Inc.
• Supercon Inc.
• SuperOx
• Ceraco Ceramic Coating GmbH
• Hyper Tech Research Inc.
• LS Cable & System Ltd.
• Scientific Magnetics
• Theva Dünnschichttechnik GmbH
• Toshiba Corporation
• Evico Gmbh
• Advanced Magnet Lab Inc.
• Alstom SA
• American Magnetics Inc.
• ASG Superconductors Spa
• Cryoelectra Gmbh
• Cryoton Ltd.
• Eriez Manufacturing Co.
• Siemens AG
• ABB Group
• SuperPower Inc.
• Nexans S.A.
• Oxford Instruments plc
• Hypres Inc.
• General Electric Company
• Mitsubishi Electric Corporation
• Magnatech LLC.
• Neocera LLC.
• Agilent Technologies
• Northrop Grumman Corporation
• SC Solutions Inc.
• Tokyo Denkai Co. Ltd.
Regional Dominance: Which Area Leads the Global Superconductors Market?
Europe was the largest region in the superconductors market share in 2024
