Globe Newswire
Global Superconducting Magnets Industry
Abstract: – Post COVID-19, MRI Machines, Turbines & Mass Spectrometry Will Drive $3. 6 Bn Opportunity for Superconducting Magnets. – The global market for Superconducting Magnets is projected to reach US$3.New York, April 07, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Superconducting Magnets Industry” – https://www.reportlinker.com/p05818068/?utm_source=GNW 6 billion by the year 2027 trailing a CAGR of 2.4%. Growing density of MRI machines and imaging per capita per million people supported by rising incidence of cancer will push up demand for superconducting magnets in manufacturing MRI machines over the long-term. Post pandemic focus on the environment & renewable energy will spur expansion of wind farms & demand for wind turbines which use superconducting magnets to reduce the weight of a generator by replacing the direct drive’s permanent magnets. Spike in drug development, robust growth of Contract Research Organizations (CROs) & mushrooming of environmental diagnostic labs will…
