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Superconducting power cables act as a bridge between electric energy transmission and distribution. In a superconducting power cable, a superconducting conductor that reaches superconductivity of zero electric resistance below a specific low temperature is used, allowing low-loss transmission of large currents. Superconducting cables with just 20 percent of the thickness of copper cables have an advantage of heightening electric power transmission dimensions a maximum of 10 times (5 times in alternating current, 10 times in direct current) compared to previous cables by using the superconducting phenomenon that electric resistance disappears at -196℃. This means that there is hardly any dissipation of electricity during power transmission. At present, many national research institutions and cable manufacturers are researching and developing this product. The cable market will completely switch to superconducting cables in the future. Many governments are supporting businesses for the commercialization because of the enormous cost of the project.

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Superconducting power cables act as a bridge between electric energy transmission and distribution. In a superconducting power cable, a superconducting conductor that reaches superconductivity of zero electric resistance below a specific low temperature is used, allowing low-loss transmission of large currents. Superconducting cables with just 20 percent of the thickness of copper cables have an advantage of heightening electric power transmission dimensions a maximum of 10 times (5 times in alternating current, 10 times in direct current) compared to previous cables by using the superconducting phenomenon that electric resistance disappears at -196℃. This means that there is hardly any dissipation of electricity during power transmission. At present, many national research institutions and cable manufacturers are researching and developing this product. The cable market will completely switch to superconducting cables in the future. Many governments are supporting businesses for the commercialization because of the enormous cost of the project.

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According to our (Global Info Research) latest study, the global Underground Superconducting Cables market size was valued at USD 364.2 million in 2023 and is forecast to a readjusted size of USD 555.7 million by 2030 with a CAGR of 6.2% during review period.

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The global High Temperature Superconducting Cables market size is expected to reach $ 260.2 million by 2030, rising at a market growth of 26.8% CAGR during the forecast period (2024-2030).

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According to our (Global Info Research) latest study, the global High Temperature Superconducting Cables market size was valued at USD 49 million in 2023 and is forecast to a readjusted size of USD 260.2 million by 2030 with a CAGR of 26.8% during review period.

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Superconducting power cables act as a bridge between electric energy transmission and distribution. In a superconducting power cable, a superconducting conductor that reaches superconductivity of zero electric resistance below a specific low temperature is used, allowing low-loss transmission of large currents. Superconducting cables with just 20 percent of the thickness of copper cables have an advantage of heightening electric power transmission dimensions a maximum of 10 times (5 times in alternating current, 10 times in direct current) compared to previous cables by using the superconducting phenomenon that electric resistance disappears at -196℃. This means that there is hardly any dissipation of electricity during power transmission. At present, many national research institutions and cable manufacturers are researching and developing this product. The cable market will completely switch to superconducting cables in the future. Many governments are supporting businesses for the commercialization because of the enormous cost of the project. Our data only covers manufacturer revenue from superconducting power cables. Cooling equipment is generally provided by industrial gas manufacturers, so this part of income is not counted.

USD3480.00

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According to our (Global Info Research) latest study, the global Underground Superconducting Cables market size was valued at USD 364.2 million in 2022 and is forecast to a readjusted size of USD 555.7 million by 2029 with a CAGR of 6.2% during review period.

USD3480.00

Add To Cart

The global Underground Superconducting Cables market size is expected to reach $ 555.7 million by 2029, rising at a market growth of 6.2% CAGR during the forecast period (2023-2029).

USD4480.00

Add To Cart

Superconducting power cables act as a bridge between electric energy transmission and distribution. In a superconducting power cable, a superconducting conductor that reaches superconductivity of zero electric resistance below a specific low temperature is used, allowing low-loss transmission of large currents

USD3480.00

Add To Cart