Middle East & Africa Superconducting Wire Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$9.3

Forecast, 2030 (US$M)

$12.4

CAGR, 2024 - 2030

4.2%

Report Coverage

Middle East & Africa

Middle East & Africa superconducting wire market, 2018-2030 (US$M)

Related Markets

Global Superconducting Wire Industry Outlook

North America Superconducting Wire Market Outlook

Europe Superconducting Wire Market Outlook

Asia Pacific Superconducting Wire Market Outlook

Latin America Superconducting Wire Market Outlook

MEA superconducting wire market highlights

The MEA superconducting wire market generated a revenue of USD 9.3 million in 2023.
The market is expected to grow at a CAGR of 4.2% 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.

MEA data book summary

Market revenue in 2023	USD 9.3 million
Market revenue in 2030	USD 12.4 million
Growth rate	4.2% (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, MEA region accounted for 0.8% 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 segmentation & scope

Product

Low Temperature Semiconductor

Medium Temperature Semiconductor

High Temperature Semiconductor

End Use

Energy

Medical

Research

Others

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

Canada

Germany

France

Italy

Spain

China

India

Japan

South Korea

Superconducting Wire Market Companies

Name	Profile	# Employees	HQ	Website

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

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