Le Lézard
Classified in: Health
Subject: SVY

The superconductor market will register a CAGR of over 11% by 2023


LONDON, March 19, 2019 /PRNewswire/ -- About this market
The increased adoption of superconductor devices in medical applications is the key factors driving the global superconductor market growth. Many medical devices such as MRI imaging devices are integrated with HTS cables and superconducting magnets to generate high magnetic fields. Therefore, several manufacturers are focusing on advances in superconducting technologies to improve the overall performance of their systems. This will fuel the growth of the global superconductor market during the forecast period. Analysts have predicted that the superconductor market will register a CAGR of over 11% by 2023.

Download the full report: https://www.reportbuyer.com/product/2009023/?utm_source=PRN

Market Overview
Development of smart grids
One of the growth drivers of the global superconductor market is the development of smart grids. Smart grids are reliable in providing real-time information and are also helpful in efficiently managing the power supply during an emergency.
The high cost of HTS wires
One of the challenges in the growth of the market is the high cost of HTS wires. HTS wires signify more than half the cost of the device into which it is incorporated. This will hamper the superconductor market growth during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the superconductor market during 2019-2023, view our report.

Competitive Landscape
The market appears to be highly concentrated and with the presence of few vendors. The vendors in the market are focusing on developing core technology for superconductor devices. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Download the full report: https://www.reportbuyer.com/product/2009023/?utm_source=PRN

About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: sarah@reportbuyer.com
Tel: +1 (718) 213 4904
Website: www.reportbuyer.com

SOURCE ReportBuyer


These press releases may also interest you

at 08:50
Golden Leaf Holdings, ("Golden Leaf" or the "Company"), a pioneering cannabis company with cultivation, production and retail built around recognized brands, announced the appointment of Jane Sullivan to the newly created role of Chief People...

at 08:50
Malaria Diagnostics Market Size, Share & Trends Analysis Report By Technology (RDTs, Microscopy, Molecular Diagnostic Tests), By Region (Eastern Mediterranean, Southeast Asia, Africa), And Segment Forecasts, 2019 - 2026 Download the full report:...

at 08:48
7D Surgical announced today at the Congress of Neurological Surgeons Annual Meeting that it has completed 30 sales since commercial launch of its innovative Machine-vision Image Guided Surgery (MvIGS) platform for spinal and cranial surgery.  This...

at 08:45
CRISPR Therapeutics and Bayer today announced proposed plans whereby Casebia Therapeutics, a joint venture between CRISPR Therapeutics and Bayer, would operate under the direct management of CRISPR Therapeutics. Upon closing of the transaction,...

at 08:45
Acute myeloid leukemia (AML) is an orphan's disease. The FDA defines an orphan's disease as a condition that affects fewer than 200,000 people nationwide. Before the passage of rare disease laws in the United States, patients diagnosed with a rare...

at 08:37
TheraLight, LLC, a Utah private corporation, announced that it was selected by MedTech Outlook as a recipient of its 2019 Top 10 Physiotherapy Solutions Providers Award. Conducted annually, the award recognizes innovative companies in the healthcare...



News published on 19 march 2019 at 18:11 and distributed by: