A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Superconducting
Magnets
market. The study,
titled “Superconducting
Magnets Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014 - 2020”,
is available for sale on the firm’s website.
Superconducting
magnets are magnets made from superconducting wire coils.
Superconducting magnets provide promising and attractive analytic and
economic advantages over electromagnets. Due to their
superconductivity, the superconducting magnets can carry large
amounts of magnetic currents without major energy losses.
Superconducting magnets allow users to produce extremely high
magnetic fields without kilowatts or megawatts of power supplies
which are needed for electromagnets.
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PDF Brochure for more Professional and Technical insights :
Superconducting
magnets also provide higher magnetic fields and lower operating costs
as compared to electromagnets and permanent magnets. Superconducting
magnets find applications in medical devices & equipment, mass
spectrometers, particle accelerators, separation process and nuclear
magnetic resonance (NMR) equipment among others. In addition,
superconducting magnets are also preferred over normal magnets in
magnetic levitation where only the magnetic field supports the
suspended objects.
The
market for superconducting magnets was mainly driven by the medical
devices & equipment market. In the healthcare industry, the
superconducting magnets find applications in magnetic resonance
imaging (MRI), a medical technique used for clinical diagnosis of the
body. In molecular biology, superconducting magnets are used in drug
discovery and development. In nuclear magnetic resonance (NMR),
superconducting magnets are used in the stabilization of nuclear
waste. In addition, superconducting magnets along with the help of
NMR technology can be used in treating and curing of diseases such as
cancer in vital organs.
Superconducting
magnets are also used in mass spectrometers, to separate the ions
with the application of magnetic fields. In the manufacturing
industry, superconducting magnets are used in removing weakly
magnetic impurities which are used to enhance the whitening of
ceramics and paper industry. In addition, the superconducting magnets
are used in magnetic levitation which is used in product displays,
maglev trains and magnetic bearing. In spite of so many applications,
the growth of superconducting magnets has been slow in past few years
majorly due to higher cooling costs and manufacturing issues related
to it.
In
terms of demand, Asia Pacific was the leading region in
superconducting magnets market in 2013. Asia Pacific is also expected
to be the fastest growing market for superconducting magnets due to
increasing demand from medical devices & equipment and
manufacturing industry. China and Japan had the highest demand for
superconducting magnets in this region. Other countries such as
India, Taiwan and Korea are likely to show potential growth for the
superconducting magnets in next few years. North America is another
region exhibiting favorable growth in the semiconducting magnets
market. The increasing demand for superconducting magnets from mass
spectrometers, NMR technology and medical devices & equipment has
been driving the market in past few years. U.S. had the largest
demand for superconducting magnets in North America.
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Market Research Report with ToC & Free Analysis :
The
demand is huge due to growing medical devices & equipment market
in this region. In 2013, Europe had the third-largest demand for
superconducting magnets market. Germany was one of the largest
consumers of superconducting magnets in Europe. Other European
countries such as Italy, Spain, Russia, the UK and France are likely
to offer potential market for superconducting magnets in new future.
Rest of the World market is anticipated to show positive outlook for
the superconducting magnets market in near future. Latin America and
the Middle East are anticipated to offer huge growth opportunities
during the forecast period due to increasing manufacturing activities
in this region.
Some
of the key manufacturers in the superconducting magnets market are
Agilent Technologies Inc, American Magnetics Inc., General Electric
Co., Superconductors SpA, Siemens AG, and Sumitomo Electric
Industries Ltd., among others
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Transparency
Market Research
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State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
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