High Temperature Superconducting Wires Market Growth, Demand, Price, Opportunity and Analysis to 2020

Technavio Announces the Publication of its Research Report Global High Temperature Superconducting (HTS) Wires Market 2016-2020

Technavio recognizes the following companies as the key players in the global high temperature superconducting (HTS) wires market: AMSC, SUNAM, Superconductor Technologies and SuperPower.

Other Prominent Vendors in the market are: Bruker, Fujikura, Metal Oxide Technologies, Nexans, Sumitomo Electric Industries, and THEVA.

Browse full report with TOC@ https://marketreportscenter.com/reports/388412/global-high-temperature-superconducting-wires-market-2016-2020

Commenting on the report, an analyst from Technavios team said: Emerging applications in instrumentation, sensors, and radars will be a key trend for market growth. Superconductors empower the most delicate detectors of electromagnetic radiation and are used in scientific research both in space-based National Aeronautics and Space Administration (NASA) missions and at ground-based astronomy observatories.”

According to the report, one of the key drivers for market growth will be improvement in medical imaging and diagnostics. MRI offers a massive enhancement in diagnostic capability, exhibiting soft tissue features that are not visible using X-ray imaging or ultrasound. In addition, MRI can also eliminate the need for harmful X-ray examinations. These benefits of MRI have reduced the need for exploratory surgery to a large extent. The availability of detailed diagnostic information is contributing toward the reduction in the level of required intervention, reducing the duration of hospital stays and the degree of discomfort experienced by patients.

Further, the report states that potential and upcoming customers such as electric transportation need a consistent and regular environment for investment in R&D and demonstration projects. Currently, governments and other related organizations are skeptical about the adoption of HTS technology due to the high lead time...