Report Highlights
The global market for superconductor technologies was valued at nearly $1.7 billion in 2011 and should reach $1.8 billion in 2012. Total market value is expected to reach $3.3 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 12.6%.
Report Scope
The report addresses trends in superconductivity technology and the global market for superconductivity applications during the period from 2011 through 2017, including:
- Science, research, and technology development.
- Health care.
- Electric utilities.
- Computing.
- Transportation.
- Communications.
- Military/defense.
- Other applications.
The study format includes the following major elements:
- Executive summary.
- Overview (i.e., definitions, brief history, superconductivity characteristics, market summary).
- Developments in superconducting technology that are expected to influence the market through 2017.
- Detailed market estimates and projections for each technology, application, and end use during the period from 2011 to 2017.
- General assessment of expected technological and market trends in the longer term.
- Description of key players in the emerging superconductivity industry.
Analyst Credentials
Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.
Report Highlights
- The global market for superconductivity applications was worth an estimated $1.7 billion in 2009, a figure that is expected to reach nearly $2 billion in 2010 and nearly $3.4 billion in 2015, a compound annual growth rate (CAGR) of 11.3% over the next 5 years.
- Superconducting magnets, particularly those used in science, research and technology development, and healthcare applications dominate the market. This sector is estimated at $1.9 billion in 2010 and is expected to be worth nearly $2.4 billion in 2015, a compound annual growth rate (CAGR) of 4.2%.
- Superconducting electrical equipment (e.g., transformers, generators, motors, fault current limiters, power storage, cable) is expected to capture nearly 25% of the market by 2015. This sector is estimated at $23 million in 2010 and is expected to reach $889 million in 2015, a compound annual growth rate (CAGR) of nearly 107%.
Report Highlights
This Report:
- The global market for superconductivity applications was worth $1.4 billion in 2007, a figure that is expected to increase slightly in 2008 but reach $2.7 billion in 2013, a compound annual growth rate (CAGR) of 13.9%.
- Superconducting magnets dominate the market, generating an estimated $1.4 billion in 2008. This should reach $1.7 billion in 2013, for a CAGR of 4.4%.
- Superconducting electrical equipment has the second largest market share, worth $19.5 million in 2007 and an estimated $20.5 in 2008. This should increase at a CAGR of 213.3% to reach $905.9 million in 2013.
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