Last Updated: 23-07-2025 | Format: PDF | Report ID:10717 | Author: Ankita R
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | Revenue (USD Million) |
| What is the projected market size by 2035? | $524 Million |
| What is the market CAGR from 2025 to 2035? | 11.4% |
| Which region dominates the market? | United States (74%) |
| Which product/service type dominates the market? | Superconducting (54%) |
| Which application leads the market? | Transmission & Distribution (62%) |
| Who are the major buyers? | Utilities (56%), Industrial (31%) |
| What are the key market growth drivers? | Accelerated grid modernization initiatives across the U; The integration of renewable energy sources |
| What are the major market challenges? | High initial investment and complex integration processes deter some utilities from rapid adoption; Limited standardization in FCL technologies makes interoperability with existing grid assets a challenge |
| What is the forecast period? | 2026–2035 |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| Who are the key market players? |
| ABB, Siemens Energy, American Superconductor (AMSC), Nexans, GE Grid Solutions, Hitachi Energy, Superconductor Technologies Inc. |
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