India Superconducting Wire Market Size & Outlook

The superconducting wire market in India is expected to reach a projected revenue of US$ 67.3 million by 2030. A compound annual growth rate of 9.3% is expected of India superconducting wire market from 2025 to 2030.
Revenue, 2024 (US$M)
$39.6
Forecast, 2030 (US$M)
$67.3
CAGR, 2025 - 2030
9.3%
Report Coverage
India

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India superconducting wire market, 2018-2030 (US$M)

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India superconducting wire market highlights

  • The India superconducting wire market generated a revenue of USD 39.6 million in 2024 and is expected to reach USD 67.3 million by 2030.
  • The India market is expected to grow at a CAGR of 9.3% from 2025 to 2030.
  • In terms of segment, high temperature semiconductor was the largest revenue generating product in 2024.
  • Low Temperature Semiconductor is the most lucrative product segment registering the fastest growth during the forecast period.


Superconducting wire market data book summary

Market revenue in 2024USD 39.6 million
Market revenue in 2030USD 67.3 million
Growth rate9.3% (CAGR from 2025 to 2030)
Largest segmentHigh temperature semiconductor
Fastest growing segmentLow Temperature Semiconductor
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLow Temperature Semiconductor, Medium Temperature Semiconductor, High Temperature Semiconductor
Key market players worldwideAmerican 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, India accounted for 3.2% of the global superconducting wire market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China superconducting wire market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 67.3 million by 2030.

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Superconducting Wire Market Companies

Name Profile # Employees HQ Website
Theva View profile 51-100 Ismaning, Bayern, Germany, Europe http://www.theva.com
SuperOx View profile 11-50 Moscow, Moscow City, Russian Federation, Europe https://www.superox.ru
Phoenix Contact View profile 10001+ Blomberg, Niedersachsen, Germany, Europe https://www.phoenixcontact.com/de-de/
MetOx Technologies View profile 11-50 Houston, Texas, United States, North America http://www.metoxtech.com
Epoch Wires Ltd View profile 1-10 Cambridge, Cambridgeshire, United Kingdom, Europe http://www.epochwires.com
ASG Superconductors View profile 101-250 Genoa, Liguria, Italy, Europe https://www.asgsuperconductors.com
American Superconductor Corp View profile 337 114 East Main Street, Ayer, MA, United States, 01432 https://www.amsc.com
LS Cable & System View profile 5001-10000 Anyang, Kyonggi-do, South Korea, Asia http://www.lscns.com
Superconductor Technologies View profile 11-50 Austin, Texas, United States, North America http://suptech.com
Nexans View profile 28541 Nexans 4, allée de l’Arche, Courbevoie, France, 92400 http://www.nexans.com
Fujikura Ltd View profile 62538 5-1 Kiba 1-chome, Koto-ku, Tokyo, Japan, 135-8512 http://www.fujikura.co.jp
Eaton Corp PLC View profile 94000 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 https://www.eaton.com
Bruker Corp View profile 9707 40 Manning Road, Billerica, MA, United States, 01821 https://www.bruker.com
Fuji Electric Co Ltd View profile 30123 Gate City Ohsaki, East Tower, 11-2, Osaki 1-chome, Shinagawa-ku, Tokyo, Japan, 141-0032 http://www.fujielectric.co.jp
Furukawa Electric Co Ltd View profile 51314 Marunouchi Nakadori Building, 2-3, Marunouchi 2-chome, Chiyodaku, Tokyo, Japan, 100-8322 http://www.furukawa.co.jp

India 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.


High temperature semiconductor was the largest segment with a revenue share of 57.07% in 2024. Horizon Databook has segmented the India superconducting wire market based on low temperature semiconductor, medium temperature semiconductor, high temperature semiconductor covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the India superconducting wire market , including forecasts for subscribers. This country databook contains high-level insights into India superconducting wire market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India superconducting wire market size, by product, 2018-2030 (US$M)

India Superconducting Wire Market Outlook Share, 2024 & 2030 (US$M)

India superconducting wire market size, by product, 2018-2030 (US$M)

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