High Temperature Superconductor Cables Market

Superconducting power cables act as a bridge between electric energy transmission and distribution. In a superconducting power cable, a superconducting conductor that reaches superconductivity of zero electric resistance below a specific low temperature is used, allowing low-loss transmission of large currents. Superconducting cables with just 20 percent of the thickness of copper cables have an advantage of heightening electric power transmission dimensions a maximum of 10 times (5 times in alternating current, 10 times in direct current) compared to previous cables by using the superconducting phenomenon that electric resistance disappears at -196?. This means that there is hardly any dissipation of electricity during power transmission. At present, many national research institutions and cable manufacturers are researching and developing this product. The cable market will completely switch to superconducting cables in the future. Many governments are supporting businesses for the commercialization because of the enormous cost of the project.
High Temperature Superconductor Cables Market aims to provide a comprehensive presentation of the global market for High Temperature Superconductor (HTS) Cables, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Temperature Superconductor (HTS) Cables. High Temperature Superconductor Cables Market contains market size and forecasts of High Temperature Superconductor (HTS) Cables in global, including the following market information:
Global High Temperature Superconductor (HTS) Cables Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global High Temperature Superconductor (HTS) Cables Market Sales, 2018-2023, 2024-2029, (Meter)
Global top five High Temperature Superconductor (HTS) Cables companies in 2022 (%)
The global High Temperature Superconductor (HTS) Cables market was valued at US$ 4 million in 2022 and is projected to reach US$ 762.9 million by 2029, at a CAGR of 110.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global top five manufacturers of High Temperature Superconductor (HTS) Cables occupied for a share about 100 percent, key players are Nexans, SHSC, Furukawa Electric, LS Cable & System and NKT, etc. China is the largest producer of High Temperature Superconductor (HTS) Cables, followed by Europe and Japan.
We surveyed the High Temperature Superconductor (HTS) Cables manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global High Temperature Superconductor (HTS) Cables Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Meter)
Global High Temperature Superconductor (HTS) Cables Market Segment Percentages, by Type, 2022 (%)
Bi2223 Cables
YBCO Cables
Global High Temperature Superconductor (HTS) Cables Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Meter)
Global High Temperature Superconductor (HTS) Cables Market Segment Percentages, by Application, 2022 (%)
Grid and Smart Grid
Industrial Applications
Global High Temperature Superconductor (HTS) Cables Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Meter)
Global High Temperature Superconductor (HTS) Cables Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies High Temperature Superconductor (HTS) Cables revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies High Temperature Superconductor (HTS) Cables revenues share in global market, 2022 (%)
Key companies High Temperature Superconductor (HTS) Cables sales in global market, 2018-2023 (Estimated), (Meter)
Key companies High Temperature Superconductor (HTS) Cables sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nexans
Furukawa Electric
SHSC
LS Cable & System
NKT
JSC VNIIKP
SWCC Showa Holdings
Outline of Major Chapters:
Chapter 1: Introduces the definition of High Temperature Superconductor (HTS) Cables, market overview.
Chapter 2: Global High Temperature Superconductor (HTS) Cables market size in revenue and volume.
Chapter 3: Detailed analysis of High Temperature Superconductor (HTS) Cables manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of High Temperature Superconductor (HTS) Cables in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global High Temperature Superconductor (HTS) Cables capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.