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The title provides the opportunity and task to both look at specific industrial applications in Europe as well as at specific abilities in Europe for industrial applications in the field of superconducting magnets. For the first aspect we will review the fields outside of MRI and spectroscopy where superconducting magnets are being used either because of their unrivaled technical performance or for economic reasons. Applications of superconducting magnet technology will then be categorized according to their type, estimated volumes, and perspectives also including HTS options. For the second aspect we look at European players in that field noticing that some big companies had stepped out whereas others, stimulated by the LHC project, extend their activity from resistive into superconducting magnet technology. Among the potential customers are big research labs which ambiguously belong to the group of potential suppliers, too. This last fact also indicates the tight relationship between research and industrial applications which will be discussed.