Global Superconducting Magnets Market Report, Forecast to 2025

In this report, the Global Superconducting Magnets Market Report, Forecast to 2025 market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Global Superconducting Magnets Market Report, Forecast to 2025 market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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A superconducting magnet is an electromagnet made from coils of superconducting wire. They must be cooled to cryogenic temperatures during operation. In its superconducting state the wire has no electrical resistance and therefore can conduct much larger electric currents than ordinary wire, creating intense magnetic fields. Superconducting magnets can produce greater magnetic fields than all but the strongest non-superconducting electromagnets and can be cheaper to operate because no energy is dissipated as heat in the windings. They are used in MRI machines in hospitals, and in scientific equipment such as NMR spectrometers, mass spectrometers, fusion reactors and particle accelerators.

The global market for superconducting magnets is predicted to witness a progressive growth in the next few years. The growing demand from the medical devices market is one of the key factors that are likely to encourage the growth of the market in the next few years. In addition, the rising number of applications in the healthcare sector, such as magnetic resonance imaging is expected to generate promising opportunities for market players operating in the global superconducting magnets market in the near future. 

On the other hand, the global market for superconducting magnets is presently at a nascent stage, owing to which there are several challenges that are being faced by the players. Moreover, the lack of knowledge regarding this technology and products in developing economies is likely to restrict the growth of the overall market throughout the forecast period. Nevertheless, the increasing focus of key players on technological developments and innovations is expected to fuel the growth of the global superconducting magnets market in the coming few years. 

The global Superconducting Magnets market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

This report focuses on Superconducting Magnets volume and value at global level, regional level and company level. From a global perspective, this report represents overall Superconducting Magnets 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.

The following manufacturers are covered:

Columbus Superconductors

Agilent Technologies

American Magnetics

Bruker

Oxford Instruments

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Medical Devices & Equipment

Mass Spectrometers

Particle Accelerators

Separation Process and Nuclear Magnetic

Segment by Application

Oil Industry

Gas Industry

Others

Browse full research report at https://www.crystalmarketreport.com/global-superconducting-magnets-market-report-forecast-to-2025

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