The global high temperature superconducting (HTS) wires market is forecast to grow at a CAGR of 4.8% during the period 2016-2020.
Commenting on the report, an analyst from the research 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.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Superconductor Technologies SuperPower
- Metal Oxide Technologies
- Sumitomo Electric Industries
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Summary of key figures
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Appendix
PART 17: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/lxj9wg/global_high
Research and Markets
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SOURCE Research and Markets