NEW YORK, July 7, 2020 /PRNewswire/ --
Global Superconducting Magnets Market to Reach US$3.7 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Superconducting Magnets estimated at US$3.3 Billion in the year 2020, is projected to reach a revised size of US$3.7 Billion by 2027, growing at a CAGR of 1.4% over the analysis period 2020-2027.Medical Devices & Equipment, one of the segments analyzed in the report, is projected to grow at a 1.7% CAGR to reach US$1.7 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 1.3% CAGR for the next 7-year period. This segment currently accounts for a 23.8% share of the global Superconducting Magnets market.
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The U.S. Accounts for Over 27.2% of Global Market Size in 2020, While China is Forecast to Grow at a 2.1% CAGR for the Period of 2020-2027
The Superconducting Magnets market in the U.S. is estimated at US$904.6 Million in the year 2020. The country currently accounts for a 27.18% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$651.4 Million in the year 2027 trailing a CAGR of 2.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 1.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR while Rest of European market (as defined in the study) will reach US$651.4 Million by the year 2027.
Transportation Segment Corners a 16.9% Share in 2020
In the global Transportation segment, USA, Canada, Japan, China and Europe will drive the 1.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$424.5 Million in the year 2020 will reach a projected size of US$459.2 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$444.7 Million by the year 2027, while Latin America will expand at a 1% CAGR through the analysis period. We bring years of research experience to this 18th edition of our report. The 176-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
-Competitors identified in this market include, among others,
- Agilent Technologies, Inc.
- ASG Superconductors SpA
- Bruker Corporation
- Columbus Superconductors SpA
- Eriez Manufacturing Co.
- Fujikura Ltd.
- Mitsubishi Electric Corporation
- Siemens AG
- Sumitomo Electric Industries Ltd.
- SuperPower, Inc.
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Superconducting Magnets Competitor Market Share Scenario
Worldwide (in %): 2019 & 2028
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: Superconducting Magnets Global Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027
Table 2: Superconducting Magnets Global Retrospective Market
Scenario in US$ Million by Region/Country: 2012-2019
Table 3: Superconducting Magnets Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027
Table 4: Medical Devices & Equipment (Application) Global
Opportunity Assessment in US$ Million by Region/Country:
2020-2027
Table 5: Medical Devices & Equipment (Application) Historic
Sales Analysis in US$ Million by Region/Country: 2012-2019
Table 6: Medical Devices & Equipment (Application) Percentage
Share Breakdown of Global Sales by Region/Country: 2012 VS 2020
VS 2027
Table 7: Mass Spectrometers (Application) Worldwide Sales in
US$ Million by Region/Country: 2020-2027
Table 8: Mass Spectrometers (Application) Historic Demand
Patterns in US$ Million by Region/Country: 2012-2019
Table 9: Mass Spectrometers (Application) Market Share Shift
across Key Geographies: 2012 VS 2020 VS 2027
Table 10: Transportation (Application) Global Market Estimates &
Forecasts in US$ Million by Region/Country: 2020-2027
Table 11: Transportation (Application) Retrospective Demand
Analysis in US$ Million by Region/Country: 2012-2019
Table 12: Transportation (Application) Market Share Breakdown
by Region/Country: 2012 VS 2020 VS 2027
Table 13: Other Applications (Application) Demand Potential
Worldwide in US$ Million by Region/Country: 2020-2027
Table 14: Other Applications (Application) Historic Sales
Analysis in US$ Million by Region/Country: 2012-2019
Table 15: Other Applications (Application) Share Breakdown
Review by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Superconducting Magnets Market Share (in %) by Company:
2019 & 2025
Market Analytics
Table 16: United States Superconducting Magnets Latent Demand
Forecasts in US$ Million by Application: 2020 to 2027
Table 17: Superconducting Magnets Historic Demand Patterns in
the United States by Application in US$ Million for 2012-2019
Table 18: Superconducting Magnets Market Share Breakdown in the
United States by Application: 2012 VS 2020 VS 2027
CANADA
Table 19: Canadian Superconducting Magnets Market Quantitative
Demand Analysis in US$ Million by Application: 2020 to 2027
Table 20: Superconducting Magnets Market in Canada:
Summarization of Historic Demand Patterns in US$ Million by
Application for 2012-2019
Table 21: Canadian Superconducting Magnets Market Share
Analysis by Application: 2012 VS 2020 VS 2027
JAPAN
Table 22: Japanese Demand Estimates and Forecasts for
Superconducting Magnets in US$ Million by Application: 2020 to
2027
Table 23: Japanese Superconducting Magnets Market in US$
Million by Application: 2012-2019
Table 24: Superconducting Magnets Market Share Shift in Japan
by Application: 2012 VS 2020 VS 2027
CHINA
Table 25: Chinese Demand for Superconducting Magnets in US$
Million by Application: 2020 to 2027
Table 26: Superconducting Magnets Market Review in China in US$
Million by Application: 2012-2019
Table 27: Chinese Superconducting Magnets Market Share
Breakdown by Application: 2012 VS 2020 VS 2027
EUROPE
Market Facts & Figures
European Superconducting Magnets Market: Competitor Market
Share Scenario (in %) for 2019 & 2025
Market Analytics
Table 28: European Superconducting Magnets Market Demand
Scenario in US$ Million by Region/Country: 2020-2027
Table 29: Superconducting Magnets Market in Europe: A Historic
Market Perspective in US$ Million by Region/Country for the
Period 2012-2019
Table 30: European Superconducting Magnets Market Share Shift
by Region/Country: 2012 VS 2020 VS 2027
Table 31: European Superconducting Magnets Addressable Market
Opportunity in US$ Million by Application: 2020-2027
Table 32: Superconducting Magnets Market in Europe:
Summarization of Historic Demand in US$ Million by Application
for the Period 2012-2019
Table 33: European Superconducting Magnets Market Share
Analysis by Application: 2012 VS 2020 VS 2027
FRANCE
Table 34: Superconducting Magnets Quantitative Demand Analysis
in France in US$ Million by Application: 2020-2027
Table 35: French Superconducting Magnets Historic Market Review
in US$ Million by Application: 2012-2019
Table 36: French Superconducting Magnets Market Share Analysis:
A 17-Year Perspective by Application for 2012, 2020, and 2027
GERMANY
Table 37: Superconducting Magnets Market in Germany: Annual
Sales Estimates and Forecasts in US$ Million by Application for
the Period 2020-2027
Table 38: German Superconducting Magnets Market in Retrospect
in US$ Million by Application: 2012-2019
Table 39: Superconducting Magnets Market Share Distribution in
Germany by Application: 2012 VS 2020 VS 2027
ITALY
Table 40: Italian Demand for Superconducting Magnets in US$
Million by Application: 2020 to 2027
Table 41: Superconducting Magnets Market Review in Italy in US$
Million by Application: 2012-2019
Table 42: Italian Superconducting Magnets Market Share
Breakdown by Application: 2012 VS 2020 VS 2027
UNITED KINGDOM
Table 43: United Kingdom Demand Estimates and Forecasts for
Superconducting Magnets in US$ Million by Application: 2020 to
2027
Table 44: United Kingdom Superconducting Magnets Market in US$
Million by Application: 2012-2019
Table 45: Superconducting Magnets Market Share Shift in the
United Kingdom by Application: 2012 VS 2020 VS 2027
SPAIN
Table 46: Spanish Superconducting Magnets Market Quantitative
Demand Analysis in US$ Million by Application: 2020 to 2027
Table 47: Superconducting Magnets Market in Spain:
Summarization of Historic Demand Patterns in US$ Million by
Application for 2012-2019
Table 48: Spanish Superconducting Magnets Market Share Analysis
by Application: 2012 VS 2020 VS 2027
RUSSIA
Table 49: Russian Superconducting Magnets Latent Demand
Forecasts in US$ Million by Application: 2020 to 2027
Table 50: Superconducting Magnets Historic Demand Patterns in
Russia by Application in US$ Million for 2012-2019
Table 51: Superconducting Magnets Market Share Breakdown in
Russia by Application: 2012 VS 2020 VS 2027
REST OF EUROPE
Table 52: Rest of Europe Superconducting Magnets Addressable
Market Opportunity in US$ Million by Application: 2020-2027
Table 53: Superconducting Magnets Market in Rest of Europe:
Summarization of Historic Demand in US$ Million by Application
for the Period 2012-2019
Table 54: Rest of Europe Superconducting Magnets Market Share
Analysis by Application: 2012 VS 2020 VS 2027
ASIA-PACIFIC
Table 55: Asia-Pacific Superconducting Magnets Market Estimates
and Forecasts in US$ Million by Region/Country: 2020-2027
Table 56: Superconducting Magnets Market in Asia-Pacific:
Historic Market Analysis in US$ Million by Region/Country for
the Period 2012-2019
Table 57: Asia-Pacific Superconducting Magnets Market Share
Analysis by Region/Country: 2012 VS 2020 VS 2027
Table 58: Superconducting Magnets Quantitative Demand Analysis
in Asia-Pacific in US$ Million by Application: 2020-2027
Table 59: Asia-Pacific Superconducting Magnets Historic Market
Review in US$ Million by Application: 2012-2019
Table 60: Asia-Pacific Superconducting Magnets Market Share
Analysis: A 17-Year Perspective by Application for 2012, 2020,
and 2027
AUSTRALIA
Table 61: Superconducting Magnets Market in Australia: Annual
Sales Estimates and Forecasts in US$ Million by Application for
the Period 2020-2027
Table 62: Australian Superconducting Magnets Market in
Retrospect in US$ Million by Application: 2012-2019
Table 63: Superconducting Magnets Market Share Distribution in
Australia by Application: 2012 VS 2020 VS 2027
INDIA
Table 64: Indian Superconducting Magnets Market Quantitative
Demand Analysis in US$ Million by Application: 2020 to 2027
Table 65: Superconducting Magnets Market in India:
Summarization of Historic Demand Patterns in US$ Million by
Application for 2012-2019
Table 66: Indian Superconducting Magnets Market Share Analysis
by Application: 2012 VS 2020 VS 2027
SOUTH KOREA
Table 67: Superconducting Magnets Market in South Korea: Recent
Past, Current and Future Analysis in US$ Million by Application
for the Period 2020-2027
Table 68: South Korean Superconducting Magnets Historic Market
Analysis in US$ Million by Application: 2012-2019
Table 69: Superconducting Magnets Market Share Distribution in
South Korea by Application: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
Table 70: Rest of Asia-Pacific Demand Estimates and Forecasts
for Superconducting Magnets in US$ Million by Application: 2020
to 2027
Table 71: Rest of Asia-Pacific Superconducting Magnets Market
in US$ Million by Application: 2012-2019
Table 72: Superconducting Magnets Market Share Shift in Rest of
Asia-Pacific by Application: 2012 VS 2020 VS 2027
LATIN AMERICA
Table 73: Latin American Superconducting Magnets Market Trends
by Region/Country in US$ Million: 2020-2027
Table 74: Superconducting Magnets Market in Latin America in
US$ Million by Region/Country: A Historic Perspective for the
Period 2012-2019
Table 75: Latin American Superconducting Magnets Market
Percentage Breakdown of Sales by Region/Country: 2012, 2020,
and 2027
Table 76: Latin American Demand for Superconducting Magnets in
US$ Million by Application: 2020 to 2027
Table 77: Superconducting Magnets Market Review in Latin
America in US$ Million by Application: 2012-2019
Table 78: Latin American Superconducting Magnets Market Share
Breakdown by Application: 2012 VS 2020 VS 2027
ARGENTINA
Table 79: Argentinean Superconducting Magnets Addressable
Market Opportunity in US$ Million by Application: 2020-2027
Table 80: Superconducting Magnets Market in Argentina:
Summarization of Historic Demand in US$ Million by Application
for the Period 2012-2019
Table 81: Argentinean Superconducting Magnets Market Share
Analysis by Application: 2012 VS 2020 VS 2027
BRAZIL
Table 82: Superconducting Magnets Quantitative Demand Analysis
in Brazil in US$ Million by Application: 2020-2027
Table 83: Brazilian Superconducting Magnets Historic Market
Review in US$ Million by Application: 2012-2019
Table 84: Brazilian Superconducting Magnets Market Share
Analysis: A 17-Year Perspective by Application for 2012, 2020,
and 2027
MEXICO
Table 85: Superconducting Magnets Market in Mexico: Annual
Sales Estimates and Forecasts in US$ Million by Application for
the Period 2020-2027
Table 86: Mexican Superconducting Magnets Market in Retrospect
in US$ Million by Application: 2012-2019
Table 87: Superconducting Magnets Market Share Distribution in
Mexico by Application: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
Table 88: Rest of Latin America Superconducting Magnets Latent
Demand Forecasts in US$ Million by Application: 2020 to 2027
Table 89: Superconducting Magnets Historic Demand Patterns in
Rest of Latin America by Application in US$ Million for
2012-2019
Table 90: Superconducting Magnets Market Share Breakdown in
Rest of Latin America by Application: 2012 VS 2020 VS 2027
MIDDLE EAST
Table 91: The Middle East Superconducting Magnets Market
Estimates and Forecasts in US$ Million by Region/Country:
2020-2027
Table 92: Superconducting Magnets Market in the Middle East by
Region/Country in US$ Million: 2012-2019
Table 93: The Middle East Superconducting Magnets Market Share
Breakdown by Region/Country: 2012, 2020, and 2027
Table 94: The Middle East Superconducting Magnets Market
Quantitative Demand Analysis in US$ Million by Application:
2020 to 2027
Table 95: Superconducting Magnets Market in the Middle East:
Summarization of Historic Demand Patterns in US$ Million by
Application for 2012-2019
Table 96: The Middle East Superconducting Magnets Market Share
Analysis by Application: 2012 VS 2020 VS 2027
IRAN
Table 97: Iranian Demand Estimates and Forecasts for
Superconducting Magnets in US$ Million by Application: 2020 to
2027
Table 98: Iranian Superconducting Magnets Market in US$ Million
by Application: 2012-2019
Table 99: Superconducting Magnets Market Share Shift in Iran by
Application: 2012 VS 2020 VS 2027
ISRAEL
Table 100: Israeli Superconducting Magnets Addressable Market
Opportunity in US$ Million by Application: 2020-2027
Table 101: Superconducting Magnets Market in Israel:
Summarization of Historic Demand in US$ Million by Application
for the Period 2012-2019
Table 102: Israeli Superconducting Magnets Market Share
Analysis by Application: 2012 VS 2020 VS 2027
SAUDI ARABIA
Table 103: Saudi Arabian Demand for Superconducting Magnets in
US$ Million by Application: 2020 to 2027
Table 104: Superconducting Magnets Market Review in Saudi
Arabia in US$ Million by Application: 2012-2019
Table 105: Saudi Arabian Superconducting Magnets Market Share
Breakdown by Application: 2012 VS 2020 VS 2027
UNITED ARAB EMIRATES
Table 106: Superconducting Magnets Market in the United Arab
Emirates: Recent Past, Current and Future Analysis in US$
Million by Application for the Period 2020-2027
Table 107: United Arab Emirates Superconducting Magnets
Historic Market Analysis in US$ Million by Application:
2012-2019
Table 108: Superconducting Magnets Market Share Distribution in
United Arab Emirates by Application: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
Table 109: Superconducting Magnets Market in Rest of Middle
East: Annual Sales Estimates and Forecasts in US$ Million by
Application for the Period 2020-2027
Table 110: Rest of Middle East Superconducting Magnets Market
in Retrospect in US$ Million by Application: 2012-2019
Table 111: Superconducting Magnets Market Share Distribution in
Rest of Middle East by Application: 2012 VS 2020 VS 2027
AFRICA
Table 112: African Superconducting Magnets Latent Demand
Forecasts in US$ Million by Application: 2020 to 2027
Table 113: Superconducting Magnets Historic Demand Patterns in
Africa by Application in US$ Million for 2012-2019
Table 114: Superconducting Magnets Market Share Breakdown in
Africa by Application: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 32
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