Global Superconducting Magnets Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3600/- USD | Published Date: August 16, 2021 |

The global superconducting magnets market size is projected to grow at a significant CAGR during the forecast period and expected to reach over USD 3.5 billion by 2027. The increasing demand for medical devices around the world is a primary factor to drive the market growth. Furthermore, the increasing number of applications in healthcare such as MRI (Magnetic Resonance Imaging) is anticipated to generate some promising opportunities for the market players. Moreover, the increasing research and development activities and growing focus of some major players in development and innovation is expected to fuel the market over the forecast period.

Market Segment Insights:

The global superconducting magnets market is bifurcated into application and geography. On the basis of application, the market is further segmented into medical devices & equipment, mass spectrometers, transportation, and others. The medical devices and equipment segment dominated the global market in 2020 and expected to grow at the fastest growth rate over the forecast period. The segment is expected to hold the largest revenue share of around half of the market by 2027. The increasing prevalence of cancer is expected to increase the demand for MRI which is expected to drive the segment growth over the forecast period.

Superconducting Magnets Market Forecast

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The superconducting magnets comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The superconducting magnets market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Superconducting Magnets Market Segmentation:

By Application:

  • Medical Devices & Equipment
  • Mass Spectrometers
  • Transportation
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Superconducting Magnets Market: Geographic Coverage

Geographically, the superconducting magnets market report comprises dedicated sections centering on the regional market revenue and trends. The superconducting magnets market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The superconducting magnets market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Superconducting magnets market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Superconducting Magnets Market: Competition Assessment

Some of the major players operating in the global superconducting magnets market are Agilent Technologies Inc., American Magnetics Inc., ASG Superconductors spa, Bruker Corporation, and General Electric Co. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

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

Key Questions Answered by Superconducting Magnets Market Report

  • Global superconducting magnets market forecasts from 2021-2027
  • Regional superconducting magnets market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Superconducting magnets submarket forecasts from 2021-2027 covering the market by application, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to the superconducting magnets market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level superconducting magnets markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the superconducting magnets market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Superconducting Magnets Market Portraiture
2.2. Global Superconducting Magnets Market, by Application, 2020 (USD Mn)
2.3. Global Superconducting Magnets Market, by Geography, 2020 (USD Mn)

 

3. Global Superconducting Magnets Market Analysis


3.1. Superconducting Magnets Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. COVID-19 Impact Analysis

 

4. Global Superconducting Magnets Market By Application, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Medical Devices & Equipment
4.3. Mass Spectrometers
4.4. Transportation
4.5. Others

 

5. North America Superconducting Magnets Market Analysis and Forecast, 2018 – 2027 (USD Mn)


5.1.1. Overview
5.1.2. North America Superconducting Magnets Market by Application (2018-2027 USD Mn)
5.1.3. North America Superconducting Magnets Market by Country (2018-2027 USD Mn)
5.1.3.1. U.S.
5.1.3.1.1. U.S. Superconducting Magnets Market by Application (2018-2027 USD Mn)
5.1.3.2. Canada
5.1.3.2.1. Canada Superconducting Magnets Market by Application (2018-2027 USD Mn)

 

6. Europe Superconducting Magnets Market Analysis and Forecast, 2018 – 2027 (USD Mn)


6.1.1. Overview
6.1.2. Europe Superconducting Magnets Market by Application (2018-2027 USD Mn)
6.1.3. Europe Superconducting Magnets Market by Country (2018-2027 USD Mn)
6.1.3.1. Germany
6.1.3.1.1. Germany Superconducting Magnets Market by Application (2018-2027 USD Mn)
6.1.3.2. U.K.
6.1.3.2.1. U.K. Superconducting Magnets Market by Application (2018-2027 USD Mn)
6.1.3.3. France
6.1.3.3.1. France Superconducting Magnets Market by Application (2018-2027 USD Mn)
6.1.3.4. Italy
6.1.3.4.1. Italy Superconducting Magnets Market by Application (2018-2027 USD Mn)
6.1.3.5. Rest of Europe
6.1.3.5.1. Rest of Europe Superconducting Magnets Market by Application (2018-2027 USD Mn)

 

7. Asia Pacific Superconducting Magnets Market Analysis and Forecast, 2018 – 2027 (USD Mn)


7.1.1. Overview
7.1.2. Asia Pacific Superconducting Magnets Market by Application (2018-2027 USD Mn)
7.1.3. Asia Pacific Superconducting Magnets Market by Country (2018-2027 USD Mn)
7.1.3.1. China
7.1.3.1.1. China Superconducting Magnets Market by Application (2018-2027 USD Mn)
7.1.3.2. Japan
7.1.3.2.1. Japan Superconducting Magnets Market by Application (2018-2027 USD Mn)
7.1.3.3. Rest of Asia Pacific
7.1.3.3.1. Rest of Asia Pacific Superconducting Magnets Market by Application (2018-2027 USD Mn)

 

8. Latin America (LATAM) Superconducting Magnets Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. Latin America Superconducting Magnets Market by Application (2018-2027 USD Mn)
8.1.3. Latin America Superconducting Magnets Market by Country (2018-2027 USD Mn)
8.1.3.1. Brazil
8.1.3.1.1. Brazil Superconducting Magnets Market by Application (2018-2027 USD Mn)
8.1.3.2. Mexico
8.1.3.2.1. Mexico Superconducting Magnets Market by Application (2018-2027 USD Mn)
8.1.3.3. Rest of Latin America
8.1.3.3.1. Rest of Latin America Superconducting Magnets Market by Application (2018-2027 USD Mn)

 

9. Middle East and Africa Superconducting Magnets Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. MEA Superconducting Magnets Market by Application (2018-2027 USD Mn)
9.1.3. Middle East and Africa Superconducting Magnets Market, by Country (2018-2027 USD Mn)
9.1.3.1. GCC
9.1.3.1.1. GCC Superconducting Magnets Market by Application (2018-2027 USD Mn)
9.1.3.2. South Africa
9.1.3.2.1. South Africa Superconducting Magnets Market by Application (2018-2027 USD Mn)
9.1.3.3. Rest of MEA
9.1.3.3.1. Rest of MEA Superconducting Magnets Market by Application (2018-2027 USD Mn)

 

10. Company Profiles


10.1. Agilent Technologies Inc.
10.1.1. Business Description
10.1.2. Financial Health and Budget Allocation
10.1.3. Product Positions/Portfolio
10.1.4. Recent Development
10.1.5. SWOT Analysis
10.2. American Magnetics Inc.
10.2.1. Business Description
10.2.2. Financial Health and Budget Allocation
10.2.3. Product Positions/Portfolio
10.2.4. Recent Development
10.2.5. SWOT Analysis
10.3. ASG Superconductors spa
10.3.1. Business Description
10.3.2. Financial Health and Budget Allocation
10.3.3. Product Positions/Portfolio
10.3.4. Recent Development
10.3.5. SWOT Analysis
10.4. Bruker Corporation
10.4.1. Business Description
10.4.2. Financial Health and Budget Allocation
10.4.3. Product Positions/Portfolio
10.4.4. Recent Development
10.4.5. SWOT Analysis
10.5. General Electric Co.
10.5.1. Business Description
10.5.2. Financial Health and Budget Allocation
10.5.3. Product Positions/Portfolio
10.5.4. Recent Development
10.5.5. SWOT Analysis
10.6. Janis Research Company
10.6.1. Business Description
10.6.2. Financial Health and Budget Allocation
10.6.3. Product Positions/Portfolio
10.6.4. Recent Development
10.6.5. SWOT Analysis
10.7. Oxford Instruments plc
10.7.1. Business Description
10.7.2. Financial Health and Budget Allocation
10.7.3. Product Positions/Portfolio
10.7.4. Recent Development
10.7.5. SWOT Analysis
10.8. Siemens Healthineers
10.8.1. Business Description
10.8.2. Financial Health and Budget Allocation
10.8.3. Product Positions/Portfolio
10.8.4. Recent Development
10.8.5. SWOT Analysis
10.9. SuperPower Inc.
10.9.1. Business Description
10.9.2. Financial Health and Budget Allocation
10.9.3. Product Positions/Portfolio
10.9.4. Recent Development
10.9.5. SWOT Analysis
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