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Global Superconductors Demand is Anticipated to Touch $16 billion by 2030

This global Superconductors report analyzes the market based on Material Type, Application, and by geographic region for 2021-2030 period in terms of value in US$ million, projected from 2024 through 2030.

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Global Superconductors Demand is Anticipated to Touch $16 billion by 2030

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  1. Global Superconductors Demand is Anticipated to Touch $16 billion by 2030, Owing to Emerging Applications Mainly from Power & Energy and Medical Sectors

  2. A new report from Industry Experts, Inc. on "Superconductors Market" is released. According to this global market research report, forecast to be US$8.5 billion in 2024, the global superconductors market size is projected to reach above US$16 billion by 2030, growing at a CAGR of 11.2% between 2024 and 2030.

  3. The market for superconductors analyzed in this report on a global basis covering all major regions including North America (The United States and Canada), Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea and Rest of Asia-Pacific) and Rest of World.

  4. The study analyzes the global market for superconductors with respect to Material Type – Low-Temperature Superconductors (LTS) – Niobium Titanium (NbTi) and Niobium Tin (Nb3Sn) and High-Temperature superconductors (HTS) – BSCCO conductors incorporating Bismuth and cuprates (Bi2Sr2Ca1Cu2OX or B2iSr2Ca2Cu3OX), REBCO conductors (Rare-Earth1Ba2Cu3OX), MgB2 (Magnesium Diboride); Product Type – Superconducting Magnets, Superconducting Cables, Other Electrical Equipment (fault current limiters, transformers, generators, motors, degaussing systems and superconducting magnetic energy storage {SMES} systems etc.) and Electronics & Others (superconducting quantum interference devices {SQUIDs}, sensors and detectors, superconducting quantum processors, superconducting integrated circuit etc.);

  5. Application – Medical Applications (Magnetic Resonance Imaging MRI, Nuclear Magnetic Resonance NMR, proton beam therapy, SQUIDs for detecting magnetic fields in the brain and heart etc.), Scientific Research & Technology Development (high energy physics, fusion energy development, particle accelerators), Power & Energy (power transmission, energy storage, wind turbines etc.), Transportation (levitating {maglev} trains, marine, frictionless bearings etc.), Industrial (magnetic separators, induction heaters, generators etc.) and Other Applications (quantum computing, communications, military/defense etc.).

  6. About Industry Experts, Inc. Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

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