The Global High Temperature Superconductor (HTS) Cables Market was valued at USD 2.76 million in 2023 and is projected to reach USD 277.48 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 115.70% during the forecast period (2024-2029). This remarkable growth is driven by increasing grid modernization efforts, rising demand for energy-efficient solutions, and government initiatives supporting superconducting infrastructure projects worldwide.

As the global energy sector transitions toward more efficient power distribution systems, HTS cables are emerging as a game-changing technology for utilities, industrial applications, and renewable energy integration. In this comprehensive analysis, we profile the Top 10 Companies in the High Temperature Superconductor Cables Industry – innovators who are pushing the boundaries of power transmission technology.

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🔟 1. Nexans S.A.

Headquarters: Paris, France
Key Offering: Complete HTS Cable Solutions for Grid Applications

Nexans stands as a European leader in superconducting cable technology, having delivered several landmark HTS cable projects worldwide. Their systems combine advanced superconducting materials with innovative cryogenic cooling solutions for maximum efficiency.

Technological Leadership:

• Pioneered the world’s first superconducting cable system in a commercial power grid
• Developed proprietary Conduit HTS cable design for urban power networks
• Active in multiple government-funded superconducting grid projects

Download FREE Sample Report: Global High Temperature Superconductor (HTS) Cables Market – View in Detailed Research Report

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9️⃣ 2. Furukawa Electric Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: DI-BSCCO HTS Wires & Cable Systems

Furukawa Electric is a Japanese technology leader specializing in bismuth-based superconducting materials. Their DI-BSCCO wires are among the most commercially mature HTS conductors available today.

Technological Leadership:

• Developed world’s first 66kV-class HTS cable system for utility applications
• Manufactures over 500 km annually of HTS tape through continuous production
• Key participant in Japan’s national superconductor network initiatives

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8️⃣ 3. Sumitomo Electric Industries, Ltd.

Headquarters: Osaka, Japan
Key Offering: YBCO-based HTS Cable Solutions

Sumitomo Electric has been at the forefront of HTS cable development for decades, with multiple successful installations in commercial power grids across continents.

Technological Leadership:

• Installed world’s longest (1.5km) HTS cable system in Essen, Germany
• Developed proprietary REBCO superconducting tapes with enhanced performance
• Collaborating with US utilities on next-gen grid solutions

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7️⃣ 4. American Superconductor Corporation (AMSC)

Headquarters: Ayer, Massachusetts, USA
Key Offering: Amperium® 2G HTS Wire & Cable Systems

AMSC is the leading American innovator in 2G HTS technologies, supplying both wire products and complete cable solutions for commercial applications.

Technological Leadership:

• Supplied HTS cables for major US Navy propulsion systems
• Developing advanced fault current limiters using HTS technology
• Recipient of multiple Department of Energy grants for grid modernization

Download FREE Sample Report: Global High Temperature Superconductor (HTS) Cables Market – View in Detailed Research Report

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6️⃣ 5. SuperPower Inc.

Headquarters: Schenectady, New York, USA
Key Offering: 2G HTS Wire & Custom Cable Solutions

A Furukawa Electric subsidiary based in the US, SuperPower specializes in second-generation superconducting wire technology with applications across multiple industries.

Technological Leadership:

• Holds multiple records for 2G HTS wire performance metrics
• Supplied cable systems for Department of Energy demonstration projects
• Partnering with US utilities on grid resilience applications

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5️⃣ 6. LS Cable & System Ltd.

Headquarters: Anyang, South Korea
Key Offering: Integrated HTS Cable Systems for Utilities

LS Cable is South Korea’s premier cable manufacturer and a major Asian player in HTS technology deployment, with several operational grid installations.

Technological Leadership:

• Operates 154kV HTS cable system in Korea’s power grid
• Developing mobile HTS systems for emergency power applications
• Expanding manufacturing capacity for commercial HTS products

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4️⃣ 7. Bruker Energy & Supercon Technologies (BEST)

Headquarters: Alzenau, Germany
Key Offering: HTS Materials & Specialty Cable Solutions

Bruker’s BEST division is a key European supplier of advanced superconducting materials and cable systems for scientific and industrial applications.

Technological Leadership:

• Supplies superconducting materials for ITER fusion project
• Developing compact cable designs for industrial power distribution
• Collaborating on next-generation superconducting technologies

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3️⃣ 8. Shanghai Superconductor Technology Co., Ltd. (SHSC)

Headquarters: Shanghai, China
Key Offering: REBCO HTS Tapes & Cable Systems

SHSC is China’s leading manufacturer of HTS wire products, supporting the country’s ambitious superconducting infrastructure development plans.

Technological Leadership:

• Key supplier for China’s 35kV HTS demonstration project
• Developing solutions for urban power density challenges
• Rapidly expanding production capacity for domestic market

Download FREE Sample Report: Global High Temperature Superconductor (HTS) Cables Market – View in Detailed Research Report

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2️⃣ 9. NKT A/S

Headquarters: Brøndby, Denmark
Key Offering: HTS Solutions for Offshore Renewable Energy

NKT specializes in integrating superconducting technology with high-voltage cable systems, with particular focus on offshore wind applications.

Technological Leadership:

• Developing HTS cable solutions for floating wind farms
• Pioneering compact HTS transformer technology
• Partnering on European grid interconnection projects

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1️⃣ 10. SuperOx

Headquarters: Moscow, Russia
Key Offering: 2G HTS Wires & Custom Cable Applications

SuperOx is Russia’s leading developer of second-generation superconducting wires and cable systems, serving both domestic infrastructure and international markets.

Technological Leadership:

• Developed proprietary MOCVD process for HTS wire production
• Supplying cables for Russian grid modernization initiatives
• Researching superconducting energy storage applications

Read Full Report: Global High Temperature Superconductor (HTS) Cables Market – View in Detailed Research Report

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⚡ Outlook: Superconducting Technology Transforming Power Infrastructure

The HTS cables industry is reaching an inflection point, transitioning from pilot projects to commercial deployments. As global energy demands intensify and decarbonization pressures mount, HTS technology offers a compelling path toward more efficient, compact, and resilient power grids.

📈 Key Market-Shaping Trends:

• Increasing utility investments in grid modernization and resilience
• Growing adoption in urban areas facing space constraints
• Emerging applications in offshore renewable energy integration
• Technological advancements reducing system costs
• Government policies supporting commercialization through demonstration projects

The companies profiled above aren’t merely manufacturing cables – they’re enabling a fundamental transformation of power infrastructure for the 21st century.

For comprehensive market analysis and future projections, download the full HTS Cables Market Report.