Asia Pacific Superconducting Wire Market Size, Share & Industry Trends Analysis Report By Type, By Sales Channel (Direct and Indirect), By End User (Medical, Energy, Research, Transportation, and Others), By Country and Growth Forecast, 2022 - 2028

The Asia Pacific Superconducting Wire Market would witness market growth of 9.5% CAGR during the forecast period (2022-2028).

A popular option for medium-temperature superconducting wire (MTS) is magnesium diboride. The material is created by melting boron and magnesium powders at the same temperature that magnesium melts, then shaping and polishing the wires. It is possible to create flexible ribbon cables, wires, and tapes, using magnesium diboride.

The substitute for commonly available commercial superconducting materials is MgB2. It can handle high-temperature applications, including those with a 40 K transition temperature. MgB2 is simple to create and deal with, it is also inexpensive and makes assemblies simpler by doing away with the requirement for cryogens. For tasks requiring high temperatures for the operation of between 15K and 30K, MgB2 is frequently used.

Materials that function at 4 K or lower are classed as low-temperature materials. For example, niobium titanium or niobium-tin are frequently used to produce low-temperature superconducting wires. Although the manufacture of the wire is inexpensive, assemblies made using LTS wire require significant cryogenic cooling components due to the low temperature of transition it requires.

The Asia Pacific region will significantly impact the selling of high-temperature superconducting cables. China, Japan, South Korea, and India are all contributing significantly to the region's manufacturing sector's rapid growth. As a result, the demand for high-temperature superconducting wires is anticipated to increase in the region due to the expansion of the manufacturing sector and the increasing demand for such cables in industrial applications. A new, independently developed superconducting wire created by the China Southern Power Grid (CSG), a state-owned agency, for high-capacity electric transmission to a Shenzhen business district is gaining prominence. This supports the growth of the regional market.

The China market dominated the Asia Pacific Superconducting Wire Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $138.7 Million by 2028. The Japan market is estimated to grow a CAGR of 8.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 10.2% during (2022 - 2028).

Based on Type, the market is segmented into Low Temperature Superconductor, Medium Temperature Superconductor and High Temperature Superconductor. Based on Sales Channel, the market is segmented into Direct and Indirect. Based on End User, the market is segmented into Medical, Energy, Research, Transportation, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Superconducting Wire Market is Projected to reach USD 1.6 Billion by 2028, at a CAGR of 9.1%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bruker Corporation, Furukawa Electric Co., Ltd., Fujikura Ltd., Eaton Corporation PLC, FUJI ELECTRIC CO., LTD., Phoenix Contact GmbH & Co. KG, Sumitomo Electric Industries, Ltd., Nexans SA, LS Cable & System Ltd., and MetOx Technologies, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Type

• Low Temperature Superconductor
• Medium Temperature Superconductor
• High Temperature Superconductor

By Sales Channel

• Direct
• Indirect

By End User

• Medical
• Energy
• Research
• Transportation
• Others

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• Bruker Corporation
• Furukawa Electric Co., Ltd.
• Fujikura Ltd.
• Eaton Corporation PLC
• FUJI ELECTRIC CO., LTD.
• Phoenix Contact GmbH & Co. KG
• Sumitomo Electric Industries, Ltd.
• Nexans SA
• LS Cable & System Ltd.
• MetOx Technologies, Inc.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Superconducting Wire Market, by Type
1.4.2 Asia Pacific Superconducting Wire Market, by Sales Channel
1.4.3 Asia Pacific Superconducting Wire Market, by End User
1.4.4 Asia Pacific Superconducting Wire Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Asia Pacific Superconducting Wire Market by Type
3.1 Asia Pacific Low Temperature Superconductor Market by Country
3.2 Asia Pacific Medium Temperature Superconductor Market by Country
3.3 Asia Pacific High Temperature Superconductor Market by Country

Chapter 4. Asia Pacific Superconducting Wire Market by Sales Channel
4.1 Asia Pacific Direct Market by Country
4.2 Asia Pacific Indirect Market by Country

Chapter 5. Asia Pacific Superconducting Wire Market by End User
5.1 Asia Pacific Medical Market by Country
5.2 Asia Pacific Energy Market by Country
5.3 Asia Pacific Research Market by Country
5.4 Asia Pacific Transportation Market by Country
5.5 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Superconducting Wire Market by Country
6.1 China Superconducting Wire Market
6.1.1 China Superconducting Wire Market by Type
6.1.2 China Superconducting Wire Market by Sales Channel
6.1.3 China Superconducting Wire Market by End User
6.2 Japan Superconducting Wire Market
6.2.1 Japan Superconducting Wire Market by Type
6.2.2 Japan Superconducting Wire Market by Sales Channel
6.2.3 Japan Superconducting Wire Market by End User
6.3 India Superconducting Wire Market
6.3.1 India Superconducting Wire Market by Type
6.3.2 India Superconducting Wire Market by Sales Channel
6.3.3 India Superconducting Wire Market by End User
6.4 South Korea Superconducting Wire Market
6.4.1 South Korea Superconducting Wire Market by Type
6.4.2 South Korea Superconducting Wire Market by Sales Channel
6.4.3 South Korea Superconducting Wire Market by End User
6.5 Singapore Superconducting Wire Market
6.5.1 Singapore Superconducting Wire Market by Type
6.5.2 Singapore Superconducting Wire Market by Sales Channel
6.5.3 Singapore Superconducting Wire Market by End User
6.6 Malaysia Superconducting Wire Market
6.6.1 Malaysia Superconducting Wire Market by Type
6.6.2 Malaysia Superconducting Wire Market by Sales Channel
6.6.3 Malaysia Superconducting Wire Market by End User
6.7 Rest of Asia Pacific Superconducting Wire Market
6.7.1 Rest of Asia Pacific Superconducting Wire Market by Type
6.7.2 Rest of Asia Pacific Superconducting Wire Market by Sales Channel
6.7.3 Rest of Asia Pacific Superconducting Wire Market by End User

Chapter 7. Company Profiles
7.1 Bruker Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.2 Nexans SA
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Acquisition and Mergers:
7.3 LS Cable & System Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Recent strategies and developments:
7.3.3.1 Geographical Expansions:
7.4 Furukawa Electric Co., Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.5 Sumitomo Electric Industries, Ltd.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional & Segmental Analysis
7.5.4 Research & Development Expenses
7.6 Fujikura Ltd.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 Eaton Corporation PLC
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental Analysis
7.7.4 Research & Development Expense
7.8 Fuji Electric Co. Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.9 Phoenix Contact GmbH & Co. KG
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Acquisition and Mergers:
7.10. MetOx Technologies, Inc.
7.10.1 Company Overview

TABLE 1 Asia Pacific Superconducting Wire Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Superconducting Wire Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Superconducting Wire Market by Type, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Superconducting Wire Market by Type, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Low Temperature Superconductor Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Low Temperature Superconductor Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Medium Temperature Superconductor Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Medium Temperature Superconductor Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific High Temperature Superconductor Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific High Temperature Superconductor Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Superconducting Wire Market by Sales Channel, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Superconducting Wire Market by Sales Channel, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Direct Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Direct Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Indirect Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Indirect Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Superconducting Wire Market by End User, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Superconducting Wire Market by End User, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Medical Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Medical Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Energy Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Energy Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Research Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Research Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Transportation Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Transportation Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Superconducting Wire Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Superconducting Wire Market by Country, 2022 - 2028, USD Million
TABLE 31 China Superconducting Wire Market, 2018 - 2021, USD Million
TABLE 32 China Superconducting Wire Market, 2022 - 2028, USD Million
TABLE 33 China Superconducting Wire Market by Type, 2018 - 2021, USD Million
TABLE 34 China Superconducting Wire Market by Type, 2022 - 2028, USD Million
TABLE 35 China Superconducting Wire Market by Sales Channel, 2018 - 2021, USD Million
TABLE 36 China Superconducting Wire Market by Sales Channel, 2022 - 2028, USD Million
TABLE 37 China Superconducting Wire Market by End User, 2018 - 2021, USD Million
TABLE 38 China Superconducting Wire Market by End User, 2022 - 2028, USD Million
TABLE 39 Japan Superconducting Wire Market, 2018 - 2021, USD Million
TABLE 40 Japan Superconducting Wire Market, 2022 - 2028, USD Million
TABLE 41 Japan Superconducting Wire Market by Type, 2018 - 2021, USD Million
TABLE 42 Japan Superconducting Wire Market by Type, 2022 - 2028, USD Million
TABLE 43 Japan Superconducting Wire Market by Sales Channel, 2018 - 2021, USD Million
TABLE 44 Japan Superconducting Wire Market by Sales Channel, 2022 - 2028, USD Million
TABLE 45 Japan Superconducting Wire Market by End User, 2018 - 2021, USD Million
TABLE 46 Japan Superconducting Wire Market by End User, 2022 - 2028, USD Million
TABLE 47 India Superconducting Wire Market, 2018 - 2021, USD Million
TABLE 48 India Superconducting Wire Market, 2022 - 2028, USD Million
TABLE 49 India Superconducting Wire Market by Type, 2018 - 2021, USD Million
TABLE 50 India Superconducting Wire Market by Type, 2022 - 2028, USD Million
TABLE 51 India Superconducting Wire Market by Sales Channel, 2018 - 2021, USD Million
TABLE 52 India Superconducting Wire Market by Sales Channel, 2022 - 2028, USD Million
TABLE 53 India Superconducting Wire Market by End User, 2018 - 2021, USD Million
TABLE 54 India Superconducting Wire Market by End User, 2022 - 2028, USD Million
TABLE 55 South Korea Superconducting Wire Market, 2018 - 2021, USD Million
TABLE 56 South Korea Superconducting Wire Market, 2022 - 2028, USD Million
TABLE 57 South Korea Superconducting Wire Market by Type, 2018 - 2021, USD Million
TABLE 58 South Korea Superconducting Wire Market by Type, 2022 - 2028, USD Million
TABLE 59 South Korea Superconducting Wire Market by Sales Channel, 2018 - 2021, USD Million
TABLE 60 South Korea Superconducting Wire Market by Sales Channel, 2022 - 2028, USD Million
TABLE 61 South Korea Superconducting Wire Market by End User, 2018 - 2021, USD Million
TABLE 62 South Korea Superconducting Wire Market by End User, 2022 - 2028, USD Million
TABLE 63 Singapore Superconducting Wire Market, 2018 - 2021, USD Million
TABLE 64 Singapore Superconducting Wire Market, 2022 - 2028, USD Million
TABLE 65 Singapore Superconducting Wire Market by Type, 2018 - 2021, USD Million
TABLE 66 Singapore Superconducting Wire Market by Type, 2022 - 2028, USD Million
TABLE 67 Singapore Superconducting Wire Market by Sales Channel, 2018 - 2021, USD Million
TABLE 68 Singapore Superconducting Wire Market by Sales Channel, 2022 - 2028, USD Million
TABLE 69 Singapore Superconducting Wire Market by End User, 2018 - 2021, USD Million
TABLE 70 Singapore Superconducting Wire Market by End User, 2022 - 2028, USD Million
TABLE 71 Malaysia Superconducting Wire Market, 2018 - 2021, USD Million
TABLE 72 Malaysia Superconducting Wire Market, 2022 - 2028, USD Million
TABLE 73 Malaysia Superconducting Wire Market by Type, 2018 - 2021, USD Million
TABLE 74 Malaysia Superconducting Wire Market by Type, 2022 - 2028, USD Million
TABLE 75 Malaysia Superconducting Wire Market by Sales Channel, 2018 - 2021, USD Million
TABLE 76 Malaysia Superconducting Wire Market by Sales Channel, 2022 - 2028, USD Million
TABLE 77 Malaysia Superconducting Wire Market by End User, 2018 - 2021, USD Million
TABLE 78 Malaysia Superconducting Wire Market by End User, 2022 - 2028, USD Million
TABLE 79 Rest of Asia Pacific Superconducting Wire Market, 2018 - 2021, USD Million
TABLE 80 Rest of Asia Pacific Superconducting Wire Market, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Superconducting Wire Market by Type, 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Superconducting Wire Market by Type, 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Superconducting Wire Market by Sales Channel, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Superconducting Wire Market by Sales Channel, 2022 - 2028, USD Million
TABLE 85 Rest of Asia Pacific Superconducting Wire Market by End User, 2018 - 2021, USD Million
TABLE 86 Rest of Asia Pacific Superconducting Wire Market by End User, 2022 - 2028, USD Million
TABLE 87 Key Information – Bruker Corporation
TABLE 88 Key Information – Nexans SA
TABLE 89 Key Information – LS Cable & System Ltd.
TABLE 90 Key Information –Furukawa Electric Co., Ltd.
TABLE 91 Key information – SUMITOMO ELECTRIC INDUSTRIES, Ltd.
TABLE 92 Key Information – Fujikura Ltd.
TABLE 93 key information – Eaton Corporation PLC
TABLE 94 Key Information – Fuji Electric Co., Ltd.
TABLE 95 Key Information – Phoenix Contact GmbH & Co. KG
TABLE 96 Key Information –MetOx Technologies, Inc.

List of Figures
FIG 1 Methodology for the research