Normal Temperature Superconductor Technology Market, Global Outlook and Forecast 2024-2030
The global Normal Temperature Superconductor Technology market is projected to reach US$ million by 2030.
On March 7th, 2024, Pacific Standard Time, Ranga Dias and his team at the University of Rochester in New York announced a significant breakthrough in the field of room-temperature superconductivity at the American Physical Society conference held in Las Vegas. In their report titled "Superconducting Properties of Hydrides Under Near Room-Temperature and High-Pressure Conditions," the Dias team observed superconductivity in a new material made of hydrogen, nitrogen, and lutetium under 1GPa pressure and near-room-temperature conditions of 294K (21?C).
Normal temperature superconductivity (NTS) refers to the hypothetical ability of a material to conduct electricity with zero resistance at room temperature or higher. Currently, superconductivity is only observed at very low temperatures, typically below -100?C, which limits the practical applications of superconductors.
The development of NTS technology would revolutionize many fields, from power transmission to medical imaging to transportation. However, it is still a highly speculative area of research, and no known material exhibits superconductivity at room temperature or higher.
This report contains market size and forecasts of Normal Temperature Superconductor Technology in Global, including the following market information:
Global Normal Temperature Superconductor Technology Market Size 2025-2030, ($ millions)
We surveyed the Normal Temperature Superconductor Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Normal Temperature Superconductor Technology Market, by Type, 2025-2030 ($ millions)
Global Normal Temperature Superconductor Technology Market Segment Percentages, by Type
2.67 Million Atmospheres of Pressure
10,000 Atmospheres of Pressure
Others
Global Normal Temperature Superconductor Technology Market, by Application, 2025-2030 ($ millions)
Global Normal Temperature Superconductor Technology Market Segment Percentages, by Application
Superconducting Electricity
Superconducting Resonance Medical
Maglev Transportation
Others
Global Normal Temperature Superconductor Technology Market, By Region and Country, 2025-2030 ($ Millions)
Global Normal Temperature Superconductor Technology Market Segment Percentages, by region and country
United States
Europe
Asia
China
Rest of World
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Team Ranga Dias, University of Rochester, New York
IBM
University of Houston
University of Tokyo
Los Alamos National Laboratory
University of Cambridge
University of Maryland
University of Illinois at Urbana-Champaign
University of Oslo
University of Geneva