Global Superconducting Cables market was 210 million US$ in 2017 and is expected to 520 million US$ by the end of 2025, growing at a CAGR of 12.1% between 2018 and 2025.

This report studies the Superconducting Cables market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

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Superconducting power cables act as a bridge between electric energy transmission and distribution. In a superconducting power cable, a superconducting conductor that reaches superconductivity of zero electric resistance below a specific low temperature is used, allowing low-loss transmission of large currents.

The global installation production of superconducting cables increased from 5624 meter in 2013 to 8295 meter in 2017, at a CAGR of 10.2%. In 2017, the global superconducting cables market is led by USA. Europe is the second-largest region-wise market.

Currently, Nexans, AMSC and Furukawa Electric are major manufacturers of this industry. Nexans is a global leader. In 2017, the installation production of Nexans was 1327 meter, and the company holds a share of 16%. In Europe and the United States, Nexans, AMSC and STI are the market leader. Furukawa Electric, SEI and SuNam are leaders in the Asia Pacific market.

As the transmission medium for HVDC applications, superconductor cables can move virtually any amount of power with much greater efficiency than any other transmission technology – and they move it underground, out of site and out of harm’s way. In 2017, the Superconducting Cables consumption (sales) in Grid and Smart Grid was 4881, and it will reach 11690 in 2024; while the sales market share in Grid and Smart Grid was 58.84% in 2017 and will be 58.88% in 2024. Within the next 10 years, superconducting power cables could offer significant power transmission solutions for densely populated, high load areas.

Superconductors come in two types, low-temperature (LTS) and high-temperature (HTS). At present, the main type of superconducting cables is the second-generation YBCO Cables, which will also be the mainstream of future development. The first generation HTS will gradually be eliminated. However, YBCO Cables maybe quickly be eliminated by the new materials with better cost and performance in the future. Therefore, the core technology of superconducting cables is superconducting materials.

These unique characteristics of superconducting cables make them an attractive technology, especially in urban areas where underground space and land availability is limited. In these urban areas, the networks are most often reaching their capacity limits, making the case for investigating the feasibility of using HTS cables in electricity distribution networks even stronger. However, the high cost is a key factor limiting the development of this industry.

The global Superconducting Cables market was 210 million US$ in 2017 and is expected to 520 million US$ by the end of 2025, growing at a CAGR of 12.1% between 2018 and 2025.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Superconducting Cables in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Nexans

AMSC

MetOx

Furukawa Electric

STI

Bruker

Fujikura

SEI

SuNam

SHSC

Innost

By the product type, the market is primarily split into

YBCO Cables

Bi-2212 Cables

Bi2223 Cables

Others

By the end users/application, this report covers the following segments

Grid and Smart Grid

Industrial Applications

Others

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

Rest of Middle East & Africa

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The study objectives of this report are:

To study and analyze the global Superconducting Cables market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.

To understand the structure of Superconducting Cables market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global Superconducting Cables manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Superconducting Cables with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of Superconducting Cables submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Superconducting Cables are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

This report includes the estimation of market size for value (million USD) and volume (K Meter). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Superconducting Cables market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Raw material suppliers

Distributors/traders/wholesalers/suppliers

Regulatory bodies, including government agencies and NGO

Commercial research & development (R&D) institutions

Importers and exporters

Government organizations, research organizations, and consulting firms

Trade associations and industry bodies

End-use industries

Available Customizations

With the given market data, QYResearch offers customizations according to the company’s specific needs. The following customization options are available for the report:

Further breakdown of Superconducting Cables market on basis of the key contributing countries.

Detailed analysis and profiling of additional market players.

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