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American Superconductor Corp.
ASG Superconductors Spa
Bruker Corp.
Can Superconductors s.r.o.
Cryomagnetics Inc.
evico GmbH
Fujikura Co. Ltd.
Furukawa Electric Co. Ltd.
Hitachi Ltd.
Kiswire Advanced Technology Co. Ltd.
Siemens Healthineers AG
Sumitomo Electric Industries Ltd.
Supercon Inc.
THEVA Dunnschichttechnik GmbH
Toshiba Corp.
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KSA
The superconductor market is forecasted to grow by USD 6,688.2 mn during 2024-2029, accelerating at a CAGR of 10.5% during the forecast period. The report on the superconductor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by development of smart grids, increasing demand for energy efficiency, and rising adoption of superconductor devices in medical applications.
Market Scope
Base Year 2025
End Year 2029
Series Year 2025-2029
Growth Momentum Accelerate
YOY 2025 9.2%
CAGR 10.5%
Incremental Value $6,688.2 mn
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's superconductor market is segmented as below:
By Product
Magnets
Cables
Transformers
Energy storage devices
By Type
Low temperature
High temperature
By Application
Magnetic resonance imaging
Medical imaging
Power transmission
Particle accelerators
By Geographical Landscape
APAC
North America
Europe
South America
Middle East and Africa
This study identifies the emergence of smes systems as one of the prime reasons driving the superconductor market growth during the next few years. Also, increasing interest in quantum computing and growing demand for power electronics will lead to sizable demand in the market.
The report on the superconductor market covers the following areas:
Superconductor Market sizing
Superconductor Market forecast
Superconductor Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading superconductor market vendors that include American Superconductor Corp., ASG Superconductors Spa, Bruker Corp., Can Superconductors s.r.o., Cryomagnetics Inc., evico GmbH, Fujikura Co. Ltd., Furukawa Electric Co. Ltd., High Temperature Superconductors Inc., Hitachi Ltd., HORIBA Ltd., Kiswire Advanced Technology Co. Ltd., Siemens Healthineers AG, Sumitomo Electric Industries Ltd., Supercon Inc., THEVA Dunnschichttechnik GmbH, and Toshiba Corp.. Also, the superconductor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Superconductor Market 2019 - 2023
Historic Market Size - Data Table on Global Superconductor Market 2019 - 2023 ($ million)
5.2 Product segment analysis 2019 - 2023
Historic Market Size - Product Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.4 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The AI impact on Global Superconductor Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product
8.1 Market segments
Chart on Product - Market share 2024-2029 (%)
Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
8.3 Magnets - Market size and forecast 2024-2029
Chart on Magnets - Market size and forecast 2024-2029 ($ million)
Data Table on Magnets - Market size and forecast 2024-2029 ($ million)
Chart on Magnets - Year-over-year growth 2024-2029 (%)
Data Table on Magnets - Year-over-year growth 2024-2029 (%)
8.4 Cables - Market size and forecast 2024-2029
Chart on Cables - Market size and forecast 2024-2029 ($ million)
Data Table on Cables - Market size and forecast 2024-2029 ($ million)
Chart on Cables - Year-over-year growth 2024-2029 (%)
Data Table on Cables - Year-over-year growth 2024-2029 (%)
8.5 Transformers - Market size and forecast 2024-2029
Chart on Transformers - Market size and forecast 2024-2029 ($ million)
Data Table on Transformers - Market size and forecast 2024-2029 ($ million)
Chart on Transformers - Year-over-year growth 2024-2029 (%)
Data Table on Transformers - Year-over-year growth 2024-2029 (%)
8.6 Energy storage devices - Market size and forecast 2024-2029
Chart on Energy storage devices - Market size and forecast 2024-2029 ($ million)
Data Table on Energy storage devices - Market size and forecast 2024-2029 ($ million)
Chart on Energy storage devices - Year-over-year growth 2024-2029 (%)
Data Table on Energy storage devices - Year-over-year growth 2024-2029 (%)
8.7 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 Low temperature - Market size and forecast 2024-2029
Chart on Low temperature - Market size and forecast 2024-2029 ($ million)
Data Table on Low temperature - Market size and forecast 2024-2029 ($ million)
Chart on Low temperature - Year-over-year growth 2024-2029 (%)
Data Table on Low temperature - Year-over-year growth 2024-2029 (%)
9.4 High temperature - Market size and forecast 2024-2029
Chart on High temperature - Market size and forecast 2024-2029 ($ million)
Data Table on High temperature - Market size and forecast 2024-2029 ($ million)
Chart on High temperature - Year-over-year growth 2024-2029 (%)
Data Table on High temperature - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
10 Market Segmentation by Application
10.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
10.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
10.3 Magnetic resonance imaging - Market size and forecast 2024-2029
Chart on Magnetic resonance imaging - Market size and forecast 2024-2029 ($ million)
Data Table on Magnetic resonance imaging - Market size and forecast 2024-2029 ($ million)
Chart on Magnetic resonance imaging - Year-over-year growth 2024-2029 (%)
Data Table on Magnetic resonance imaging - Year-over-year growth 2024-2029 (%)
10.4 Medical imaging - Market size and forecast 2024-2029
Chart on Medical imaging - Market size and forecast 2024-2029 ($ million)
Data Table on Medical imaging - Market size and forecast 2024-2029 ($ million)
Chart on Medical imaging - Year-over-year growth 2024-2029 (%)
Data Table on Medical imaging - Year-over-year growth 2024-2029 (%)
10.5 Power transmission - Market size and forecast 2024-2029
Chart on Power transmission - Market size and forecast 2024-2029 ($ million)
Data Table on Power transmission - Market size and forecast 2024-2029 ($ million)
Chart on Power transmission - Year-over-year growth 2024-2029 (%)
Data Table on Power transmission - Year-over-year growth 2024-2029 (%)
10.6 Particle accelerators - Market size and forecast 2024-2029
Chart on Particle accelerators - Market size and forecast 2024-2029 ($ million)
Data Table on Particle accelerators - Market size and forecast 2024-2029 ($ million)
Chart on Particle accelerators - Year-over-year growth 2024-2029 (%)
Data Table on Particle accelerators - Year-over-year growth 2024-2029 (%)
10.7 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.4 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.5 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.10 Taiwan - Market size and forecast 2024-2029
Chart on Taiwan - Market size and forecast 2024-2029 ($ million)
Data Table on Taiwan - Market size and forecast 2024-2029 ($ million)
Chart on Taiwan - Year-over-year growth 2024-2029 (%)
Data Table on Taiwan - Year-over-year growth 2024-2029 (%)
12.11 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
12.12 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.13 Australia - Market size and forecast 2024-2029
Chart on Australia - Market size and forecast 2024-2029 ($ million)
Data Table on Australia - Market size and forecast 2024-2029 ($ million)
Chart on Australia - Year-over-year growth 2024-2029 (%)
Data Table on Australia - Year-over-year growth 2024-2029 (%)
12.14 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.15 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.16 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
12.17 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
15.2 Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 American Superconductor Corp.
American Superconductor Corp. - Overview
American Superconductor Corp. - Business segments
American Superconductor Corp. - Key offerings
American Superconductor Corp. - Segment focus
SWOT
15.5 ASG Superconductors Spa
ASG Superconductors Spa - Overview
ASG Superconductors Spa - Product / Service
ASG Superconductors Spa - Key offerings
SWOT
15.6 Bruker Corp.
Bruker Corp. - Overview
Bruker Corp. - Business segments
Bruker Corp. - Key news
Bruker Corp. - Key offerings
Bruker Corp. - Segment focus
SWOT
15.7 Can Superconductors s.r.o.
Can Superconductors s.r.o. - Overview
Can Superconductors s.r.o. - Product / Service
Can Superconductors s.r.o. - Key offerings
SWOT
15.8 Cryomagnetics Inc.
Cryomagnetics Inc. - Overview
Cryomagnetics Inc. - Product / Service
Cryomagnetics Inc. - Key offerings
SWOT
15.9 evico GmbH
evico GmbH - Overview
evico GmbH - Product / Service
evico GmbH - Key offerings
SWOT
15.10 Fujikura Co. Ltd.
Fujikura Co. Ltd. - Overview
Fujikura Co. Ltd. - Business segments
Fujikura Co. Ltd. - Key news
Fujikura Co. Ltd. - Key offerings
Fujikura Co. Ltd. - Segment focus
SWOT
15.11 Furukawa Electric Co. Ltd.
Furukawa Electric Co. Ltd. - Overview
Furukawa Electric Co. Ltd. - Business segments
Furukawa Electric Co. Ltd. - Key offerings
Furukawa Electric Co. Ltd. - Segment focus
SWOT
15.12 Hitachi Ltd.
Hitachi Ltd. - Overview
Hitachi Ltd. - Business segments
Hitachi Ltd. - Key news
Hitachi Ltd. - Key offerings
Hitachi Ltd. - Segment focus
SWOT
15.13 Kiswire Advanced Technology Co. Ltd.
Kiswire Advanced Technology Co. Ltd. - Overview
Kiswire Advanced Technology Co. Ltd. - Product / Service
Kiswire Advanced Technology Co. Ltd. - Key offerings
SWOT
15.14 Siemens Healthineers AG
Siemens Healthineers AG - Overview
Siemens Healthineers AG - Business segments
Siemens Healthineers AG - Key news
Siemens Healthineers AG - Key offerings
Siemens Healthineers AG - Segment focus
SWOT
15.15 Sumitomo Electric Industries Ltd.
Sumitomo Electric Industries Ltd. - Overview
Sumitomo Electric Industries Ltd. - Business segments
Sumitomo Electric Industries Ltd. - Key news
Sumitomo Electric Industries Ltd. - Key offerings
Sumitomo Electric Industries Ltd. - Segment focus
SWOT
15.16 Supercon Inc.
Supercon Inc. - Overview
Supercon Inc. - Product / Service
Supercon Inc. - Key offerings
SWOT
15.17 THEVA Dunnschichttechnik GmbH
THEVA Dunnschichttechnik GmbH - Overview
THEVA Dunnschichttechnik GmbH - Product / Service
THEVA Dunnschichttechnik GmbH - Key offerings
SWOT
15.18 Toshiba Corp.
Toshiba Corp. - Overview
Toshiba Corp. - Business segments
Toshiba Corp. - Key news
Toshiba Corp. - Key offerings
Toshiba Corp. - Segment focus
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
16.5 Data procurement
16.6 Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations