Asia Pacific Superconducting Wire Market Size & Outlook
Asia Pacific superconducting wire market, 2018-2030 (US$M)
Asia Pacific superconducting wire market highlights
- The Asia Pacific superconducting wire market generated a revenue of USD 272.7 million in 2023.
- The market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, low temperature semiconductor was the largest revenue generating product in 2023.
- Low Temperature Semiconductor is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 272.7 million |
| Market revenue in 2030 | USD 470.8 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Low temperature semiconductor |
| Fastest growing segment | Low Temperature Semiconductor |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Temperature Semiconductor |
| Key market players worldwide | American Superconductor Corp, ASG Superconductors, Bruker Corp, Eaton Corp PLC, Epoch Wires Ltd, Fuji Electric Co Ltd, Fujikura Ltd, Furukawa Electric Co Ltd, LS Cable & System, MetOx Technologies, Nexans, Phoenix Contact, Superconductor Technologies, SuperOx, Theva |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.0% of the global superconducting wire market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 865.9 million by 2030.
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Superconducting Wire Market Scope
Superconducting Wire Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific superconducting wire market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to superconducting wire market will help companies and investors design strategic landscapes.
Low temperature semiconductor was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific superconducting wire market based on low temperature semiconductor covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of superconducting wire market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific superconducting wire market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific superconducting wire market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific superconducting wire market
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