Technical FAQs 4

How much does a superconductor cost?

Many analyses of the commercial viability of superconducting applications show that a conductor cost of $50/kA-m is the tipping point for widespread application for electric power use. A long-range outlook projects HTS costs below $10/kA-m when produced on a very large scale (14).

Could high-temperature superconductivity revolutionize the electric power industry?

Since the unexpected report in 1987 of high-temperature superconductivity at 93 K (1), the idea that HTSs could revolutionize the electric power industry (3), going far beyond the classical application of superconductivity to electromagnets, has been pursued.

How big is the superconducting materials market?

Superconducting Materials Market size was valued at around USD 10.9 billion in 2022 and is anticipated to grow at a CAGR of 10.8% between 2023 and 2032. The superconducting materials sector has experienced substantial growth and innovation in recent years.

What is the global superconducting materials industry?

The global superconducting materials industry has been experiencing significant growth and evolving trends in recent years. One prominent trend is the increasing adoption of superconducting materials in various industries, such as healthcare, energy, and transportation.

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