Superconductors - Global Market Outlook (2017-2026)

Global Superconductors Market is accounted for $6.16 billion in 2017 and is expected to reach $14.10 billion by 2026 growing at a CAGR of 9.6% during the forecast period. Demand for advanced power grid infrastructure and rising implementation of SEMS systems are some of the major factors propelling the market growth. On the other hand, high price of superconductor cooling systems is hindering the market growth.