According to a market report by Lucintel, the future of the global superconductor market looks promising with opportunities in the medical, electronic, and defense & military markets. The global superconductor market is expected to reach an estimated $11.8 billion by 2030 with a CAGR of 9.8% from 2024 to 2030. The major drivers for this market are increasing demand for energy efficiency, rising government funding, and advancements in material science.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in superconductor market to 2030 by type (low temperature and high temperature), application (medical, electronics, defense & military, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, low temperature and high temperature are the major segments of superconductor market by type. Lucintel forecasts that low temperature is expected to witness the higher growth over the forecast period due to its application in medical imaging and scientific research.

Within this market, medical will remain the largest segment due to vaiety of applications of superconductivity in medicine like magnetic resource imaging.

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North America will remain the largest region over the forecast period due to substantial investment in research & development and presence of major players in the region.

American Superconductor, Sumitomo Electric Industries, Superpower, Bruker, Southwire, Hitachi, and Furukawa Electric are the major suppliers in the superconductor market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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