Superconducting magnets are magnets made from superconducting wire coils which provide promising and attractive analytic and economic advantages over electromagnets. Such magnets can carry large amounts of magnetic currents without major energy losses due to their superconductivity and allow users to produce extremely high magnetic fields without kilowatts or megawatts of power supplies, which are needed for electromagnets and also provide higher magnetic fields and lower operating costs as compared to electromagnets and permanent magnets. Globally, the development of efficient and advanced technology and growing medical industry in developing regions are the prime growth drivers of the Superconducting Magnets market along with the increasing usage of nuclear energy in order to produce energy leading to higher nuclear waste.
Geographically, Asia Pacific dominates the Superconducting Magnets market with higher penetration and demand of super conductive magnets in large healthcare equipment manufacturing industry and high speed maglev trains in China and Japan. Asia-Pacific was followed by North America and Europe as the second and third largest regional markets for the super conducting magnets and are also expected to boost demand for superconducting magnets owing to the semiconducting magnets market. Asia-Pacific is expected to be the fastest growing market for superconducting magnets due to the large number of upcoming projects for nuclear reactors in emerging economies such as India and China.
This report identifies the global Superconducting Magnets market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to global Superconducting Magnets market.
This report segments the Superconducting Magnets market on the basis of applications and regional market as follows:
- This report on the superconducting magnets market is segmented on the basis of applications covering all the major applications of superconducting magnets as follows: medical devices & equipment, mass spectrometers, particle accelerators, separation process and nuclear magnetic resonance (NMR) equipment
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
This report identifies all the major companies operating in the Superconducting Magnets market. Some of the major companies’ profiles in detail are as follows:
- Siemens AG
- General Electric Co
- Sumitomo Electric Industries Ltd
- Agilent Technologies Inc
- Janis Research Company