Superconducting Magnets

Superconducting Magnets

Global Superconducting Magnets Market to Reach $3.7 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Superconducting Magnets estimated at US$3.1 Billion in the year 2020, is projected to reach a revised size of US$3.7 Billion by 2027, growing at a CAGR of 2.4% over the analysis period 2020-2027. Medical Devices & Equipment, one of the segments analyzed in the report, is projected to record a 2.7% CAGR and reach US$1.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Mass Spectrometers segment is readjusted to a revised 2.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $617.3 Million, While China is Forecast to Grow at 3.1% CAGR
The Superconducting Magnets market in the U.S. is estimated at US$617.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$865.4 Million by the year 2027 trailing a CAGR of 3.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.7% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.Transportation Segment to Record 2.2% CAGR
In the global Transportation segment, USA, Canada, Japan, China and Europe will drive the 2.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$391.6 Million in the year 2020 will reach a projected size of US$454.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 29 Featured) -

  • Agilent Technologies Inc
  • American Magnetics Inc
  • ASG Superconductors spa
  • Bruker Corporation
  • General Electric Co
  • Janis Research Company
  • Oxford Instruments plc
  • Siemens Healthineers
  • SuperPower Inc.
Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.


I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Superconducting Magnets – Global Key Competitors Percentage Market Share in 2022 (E)
An Introduction to Superconductivity
Critical Temperatures of Select Superconductors
Superconducting Magnet: A Prelude
Major End-Use Applications of Superconducting Magnets
Global Market Prospects & Outlook
Medical Devices & Equipment Remains Key Application Segment
Asian Economies At the Forefront of Growth
Competition
World Brands
Recent Market Activity
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Medical Devices Industry Continues to Stimulate Growth in Superconducting Magnets Market
World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
Growing Applications in MRI Equipment
Equipment Density Correlates With Number of Imaging Procedures: Magnetic Resonance Imaging (MRI) Units in Select Countries (Per Million Population): 2020E
Global MRI Market by Application (in %): 2020E
Rising Cancer Incidence & Use of NMR Equipment in Cancer Therapy Drives Demand for Superconducting Magnets
Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
Number of New Cancer Cases and Deaths (in Million) by Region for 2019
Market Supported by the Rising Significance of Superconducting Magnetic Energy Storage (SMES) Systems
Role of Superconducting Magnets in Reducing Weight and Size of Wind Turbines Fuels Prospects
Increase in Wind Power Deployments Present Opportunity for Superconducting Magnets: World Installed Base of Wind Energy (in Megawatts) by Geographic Region: 2018, 2021 & 2024
Mass Spectrometers Market: High Growth Potential
Global Mass Spectrometry Market Size (in US$ Billion) for the Years 2019, 2019 & 2025
Superconducting Magnets and Molecular Biology Open Up Opportunities in Drug Discovery Space
Sophisticated High-Temperature Superconducting Magnets to Enable New Scientific and Industrial Applications
Focus on Nuclear Fusion Research Augurs Well for the Market
Transportation Sector Remains a Highly Promising Market for Semiconducting Magnets
Maglev Technology to Radically Transform the World of Transportation
Powerful Superconducting Magnets for High-Energy Colliders
Next-Generation Superconductor Magnets Open Realms of Innovative Applications
Researchers from MagLab Achieve Record Magnetic Field Intensity
Researchers Develop and Demonstrate 32T Superconducting Magnet
New Conducing Layer to Push Critical Temperature for Superconductivity
Sophisticated 32T Superconducting Magnet to Open New Avenues in Technology
Advances in Cryogenics and Superconducting Materials Enable Compact Magnets
CERN Eyes on High-Field Superconducting Magnets for Novel Applications
Superconducting Magnets to Find Use in Satellite Propulsion Systems
Superconducting Transition Provides Opportunity to Exploit Quantum Information Technologies
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Recent Past, Current & Future Analysis for Superconducting Magnets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 2: World Historic Review for Superconducting Magnets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 3: World 15-Year Perspective for Superconducting Magnets by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2012, 2021 & 2027
TABLE 4: World Recent Past, Current & Future Analysis for Medical Devices & Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 5: World Historic Review for Medical Devices & Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 6: World 15-Year Perspective for Medical Devices & Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027
TABLE 7: World Recent Past, Current & Future Analysis for Mass Spectrometers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 8: World Historic Review for Mass Spectrometers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 9: World 15-Year Perspective for Mass Spectrometers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027
TABLE 10: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 11: World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 12: World 15-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027
TABLE 13: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 14: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 15: World 15-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
Superconducting Magnets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
TABLE 16: USA Recent Past, Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 17: USA Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 18: USA 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2021 & 2027
CANADA
TABLE 19: Canada Recent Past, Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 20: Canada Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 21: Canada 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2021 & 2027
JAPAN
Superconducting Magnets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
TABLE 22: Japan Recent Past, Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 23: Japan Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 24: Japan 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2021 & 2027
CHINA
Superconducting Magnets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
TABLE 25: China Recent Past, Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 26: China Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 27: China 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2021 & 2027
EUROPE
Superconducting Magnets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
TABLE 28: Europe Recent Past, Current & Future Analysis for Superconducting Magnets by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 29: Europe Historic Review for Superconducting Magnets by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 30: Europe 15-Year Perspective for Superconducting Magnets by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2021 & 2027
TABLE 31: Europe Recent Past, Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 32: Europe Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 33: Europe 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2021 & 2027
FRANCE
Superconducting Magnets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
TABLE 34: France Recent Past, Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 35: France Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 36: France 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2021 & 2027
GERMANY
Superconducting Magnets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
TABLE 37: Germany Recent Past, Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 38: Germany Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 39: Germany 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2021 & 2027
ITALY
TABLE 40: Italy Recent Past, Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 41: Italy Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 42: Italy 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2021 & 2027
UNITED KINGDOM
Superconducting Magnets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
TABLE 43: UK Recent Past, Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 44: UK Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 45: UK 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2021 & 2027
REST OF EUROPE
TABLE 46: Rest of Europe Recent Past, Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 47: Rest of Europe Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 48: Rest of Europe 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2021 & 2027
ASIA-PACIFIC
Superconducting Magnets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
TABLE 49: Asia-Pacific Recent Past, Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 50: Asia-Pacific Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 51: Asia-Pacific 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2021 & 2027
LATIN AMERICA
Superconducting Magnets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)
TABLE 52: Latin America Recent Past, Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 53: Latin America Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 54: Latin America 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2021 & 2027
REST OF WORLD
TABLE 55: Rest of World Recent Past, Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 56: Rest of World Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
TABLE 57: Rest of World 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2021 & 2027
IV. COMPETITION
Total Companies Profiled: 29

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings