Superconducting Magnets

Global Market Trajectory & Analytics

MCP-6605

EXECUTIVE ENGAGEMENTS

OUTREACH

4962
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

1786
Interactions with Platform & by Email

PARTICIPANTS

464
Unique # Participated

VALIDATIONS

93
Responses Validated*

COMPETITORS

31
Responses Validated*
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DATE

MAY 2021

TABLES

57

PAGES

210

EDITION

18

PRICE

USD $5800


  

HIGHLIGHTS

Amid the COVID-19 crisis, the global market for Superconducting Magnets estimated at US$3.1 Billion in the year 2020, is projected to reach a revised size of US$3.7 Billion by 2027, growing at a CAGR of 2.4% over the analysis period 2020-2027. Medical Devices & Equipment, one of the segments analyzed in the report, is projected to record a 2.7% CAGR and reach US$1.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Mass Spectrometers segment is readjusted to a revised 2.4% CAGR for the next 7-year period.
The Superconducting Magnets market in the U.S. is estimated at US$617.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$865.4 Million by the year 2027 trailing a CAGR of 3.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.7% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.
In the global Transportation segment, USA, Canada, Japan, China and Europe will drive the 2.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$391.6 Million in the year 2020 will reach a projected size of US$454.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$640.3 Million by the year 2027.

SELECT PLAYERS

Agilent Technologies Inc; American Magnetics Inc; ASG Superconductors spa; Bruker Corporation; General Electric Co; Janis Research Company; Oxford Instruments plc; Siemens Healthineers; SuperPower Inc.

SEGMENTS

» Application (Medical Devices & Equipment, Mass Spectrometers, Transportation, Other Applications)

GEOGRAPHIES

» World » USA » Canada » Japan » China » Europe » France » Germany » Italy » UK » Rest of Europe » Asia-Pacific » Latin America » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
An Introduction to Superconductivity
Critical Temperatures of Select Superconductors
Superconducting Magnet: A Prelude
Major End-Use Applications of Superconducting Magnets
Global Market Prospects & Outlook
Medical Devices & Equipment Remains Key Application Segment
Asian Economies At the Forefront of Growth
Competition
World Brands
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Medical Devices Industry Continues to Stimulate Growth in Superconducting Magnets Market
EXHIBIT: World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
Growing Applications in MRI Equipment
EXHIBIT: Equipment Density Correlates With Number of Imaging Procedures: Magnetic Resonance Imaging (MRI) Units in Select Countries (Per Million Population): 2020E
EXHIBIT: Global MRI Market by Application (in %): 2020E
Rising Cancer Incidence & Use of NMR Equipment in Cancer Therapy Drives Demand for Superconducting Magnets
EXHIBIT: Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
EXHIBIT: Number of New Cancer Cases and Deaths (in Million) by Region for 2019
Market Supported by the Rising Significance of Superconducting Magnetic Energy Storage (SMES) Systems
Role of Superconducting Magnets in Reducing Weight and Size of Wind Turbines Fuels Prospects
EXHIBIT: Increase in Wind Power Deployments Present Opportunity for Superconducting Magnets: World Installed Base of Wind Energy (in Megawatts) by Geographic Region: 2018, 2021 & 2024
Mass Spectrometers Market: High Growth Potential
EXHIBIT: Global Mass Spectrometry Market Size (in US$ Billion) for the Years 2019, 2019 & 2025
Superconducting Magnets and Molecular Biology Open Up Opportunities in Drug Discovery Space
Sophisticated High-Temperature Superconducting Magnets to Enable New Scientific and Industrial Applications
Focus on Nuclear Fusion Research Augurs Well for the Market
Transportation Sector Remains a Highly Promising Market for Semiconducting Magnets
Maglev Technology to Radically Transform the World of Transportation
Powerful Superconducting Magnets for High-Energy Colliders
Next-Generation Superconductor Magnets Open Realms of Innovative Applications
Researchers from MagLab Achieve Record Magnetic Field Intensity
Researchers Develop and Demonstrate 32T Superconducting Magnet
New Conducing Layer to Push Critical Temperature for Superconductivity
Sophisticated 32T Superconducting Magnet to Open New Avenues in Technology
Advances in Cryogenics and Superconducting Materials Enable Compact Magnets
CERN Eyes on High-Field Superconducting Magnets for Novel Applications
Superconducting Magnets to Find Use in Satellite Propulsion Systems
Superconducting Transition Provides Opportunity to Exploit Quantum Information Technologies
4. GLOBAL MARKET PERSPECTIVE
World Current & Future Analysis for Superconducting Magnets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Superconducting Magnets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Superconducting Magnets by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2012, 2020 & 2027
World Current & Future Analysis for Medical Devices & Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Medical Devices & Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Medical Devices & Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2020 & 2027
World Current & Future Analysis for Mass Spectrometers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Mass Spectrometers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Mass Spectrometers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2020 & 2027
World Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2020 & 2027
World Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2012, 2020 & 2027
UNITED STATES
USA Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
USA Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
USA 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2020 & 2027
CANADA
Canada Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Canada Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Canada 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2020 & 2027
JAPAN
Japan Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Japan Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Japan 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2020 & 2027
CHINA
China Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
China Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
China 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2020 & 2027
EUROPE
Europe Current & Future Analysis for Superconducting Magnets by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Europe Historic Review for Superconducting Magnets by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Superconducting Magnets by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2020 & 2027
Europe Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Europe Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2020 & 2027
FRANCE
France Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
France Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
France 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2020 & 2027
GERMANY
Germany Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Germany Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Germany 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2020 & 2027
ITALY
Italy Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Italy Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Italy 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2020 & 2027
UNITED KINGDOM
UK Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
UK Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
UK 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2020 & 2027
REST OF EUROPE
Rest of Europe Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of Europe Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Rest of Europe 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2020 & 2027
ASIA-PACIFIC
Asia-Pacific Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Asia-Pacific Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Asia-Pacific 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2020 & 2027
LATIN AMERICA
Latin America Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Latin America Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Latin America 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2020 & 2027
REST OF WORLD
Rest of World Current & Future Analysis for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of World Historic Review for Superconducting Magnets by Application - Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Rest of World 15-Year Perspective for Superconducting Magnets by Application - Percentage Breakdown of Value Sales for Medical Devices & Equipment, Mass Spectrometers, Transportation and Other Applications for the Years 2012, 2020 & 2027
Total Companies Profiled: 31

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