Superconducting Magnets Market Global Outlook to 2021 May 2017

Global Superconducting Magnets Market 2017-2021
Global Superconducting Magnets Market report covers the present scenario and the growth prospects
of the industry for 2017-2021. To calculate the market size, the report presents a detailed picture of the
market by way of study, synthesis, and summation of data from multiple sources. The analysts forecast
global Superconducting Magnets Market to grow at a CAGR of 0.88% during the period 2017-2021.
Key vendors
The key players in the Superconducting Magnets Market are Siemens,
Columbus Superconductors.
Sumitomo Electric Industries,
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Superconducting magnets are more complicated than electromagnets, especially as they require low
temperatures to keep the magnet solenoid in its superconducting state. However, they have some key
advantages over their electromagnetic counterparts. Superconducting technology produces very high-
intensity magnetic fields without ample power supplies needed for electromagnets.
Superconducting magnets do not need a power source once they are brought into the magnetic field,
and can function in a persistent mode leading to crucial savings in electricity costs. Superconducting
magnets can generate a much higher magnetic field when compared to permanent magnets.
Superconducting magnets can generate magnetic fields of up to 21.14 T whereas permanent magnets
generate magnetic fields measuring 2 T.
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Other Prominent Vendors
Other Prominent Vendors in the market are Agilent Technologies,
American Magnetics,
Bruker.
Market driver
Energizing large-scale wind power with compact superconductor-based generators.
Market challenge
Cyclical nature of the semiconductor industry.
Market trend
Growing significance of superconducting magnetic energy storage system (SMES) systems.
The report, Global Superconducting Magnets Market 2017-2021, has been prepared based on an in-
depth market analysis with inputs from industry experts. This report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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superconducting-magnets-market-2017-2021.html