MarketResearchNest.com
adds “Global Superconducting Cables
Market Research Report 2019”new report to its research database.
This comprehensive Superconducting
Cables Market research report includes a brief on these trends that can
help the businesses operating in the industry to understand the market and
strategize for their business expansion accordingly. The research report
analyses the market size, industry share, growth, key segments, CAGR and key
drivers.
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.
The global
installation production of superconducting cables increased from 5624 meter in 2013
to 8295 meter in 2017, at a CAGR of 10.2%. In 2017, the global superconducting
cables market is led by USA. Europe is the second-largest region-wise market.
Currently, Nexans, AMSC and Furukawa Electric are major
manufacturers of this industry. Nexans is a global leader. In 2017, the
installation production of Nexans was 1327 meter, and the company holds a share
of 16%. In Europe and the United States, Nexans, AMSC and STI are the market
leader. Furukawa Electric, SEI and SuNam are leaders in the Asia Pacific
market.
As the transmission medium for HVDC applications,
superconductor cables can move virtually any amount of power with much greater
efficiency than any other transmission technology - and they move it
underground, out of site and out of harm's way. In 2017, the Superconducting
Cables consumption (sales) in Grid and Smart Grid was 4881, and it will reach
11690 in 2024; while the sales market share in Grid and Smart Grid was 58.84%
in 2017 and will be 58.88% in 2024. Within the next 10 years, superconducting
power cables could offer significant power transmission solutions for densely
populated, high load areas.
Superconductors come in two types, low-temperature (LTS) and
high-temperature (HTS). At present, the main type of superconducting cables is
the second-generation YBCO Cables, which will also be the mainstream of future
development. The first generation HTS will gradually be eliminated. However, YBCO
Cables maybe quickly be eliminated by the new materials with better cost and
performance in the future. Therefore, the core technology of superconducting
cables is superconducting materials.
These unique characteristics of superconducting cables make
them an attractive technology, especially in urban areas where underground
space and land availability is limited. In these urban areas, the networks are
most often reaching their capacity limits, making the case for investigating
the feasibility of using HTS cables in electricity distribution networks even
stronger. However, the high cost is a key factor limiting the development of
this industry.
The global Superconducting Cables market is valued at 210
million US$ in 2018 is expected to reach 520 million US$ by the end of 2025,
growing at a CAGR of 12.1% during 2019-2025.
This report focuses on Superconducting Cables volume and
value at global level, regional level and company level. From a global
perspective, this report represents overall Superconducting Cables market size
by analyzing historical data and future prospect. Regionally, this report
focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production
capacity, ex-factory price, revenue and market share for each manufacturer
covered in this report.
Segment by Regions
·
North
America
·
Europe
·
China
·
Japan
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Research Report @
The following
manufacturers are covered:
·
Nexans
·
AMSC
·
MetOx
·
Furukawa Electric
·
STI
·
Bruker
·
Fujikura
·
SEI
·
SuNam
·
SHSC
·
Innost
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with in-depth TOC @
Segment by Type
·
YBCO Cables
·
Bi-2212 Cables
·
Bi2223 Cables
·
Others
Segment by
Application
·
Grid and Smart Grid
·
Industrial Applications
·
Others
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