According to the new market research report "Supercapacitor Market
with COVID-19 Impact Analysis by Type (Electric Double-layered
Capacitors, Pseudocapacitors, Hybrid Capacitors), Electrode Material,
Application (Automotive, Energy, Consumer Electronics, Industrial,
Medical, Aerospace & Defense), Region - Global Forecast to 2025", the
supercapacitor market is projected to grow from USD 409 million in 2020
to USD 720 million by 2025; it is expected to grow at a CAGR of 12.0%
from 2020 to 2025. The key factors fueling the growth of the market
include their increased use in renewable energy generation plants and
smart wearables. Additionally, increased global demand for electric
vehicles and supercapacitors with higher storage capabilities than
conventional capacitors and batteries is also augmenting the growth of
the supercapacitor market.
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The key players operating in the supercapacitor market include Tesla (US), Nippon Chemi-Con (Japan), CAP-XX (Australia), LS Mtron (South Korea), Panasonic (Japan), Eaton (US), Cornell-Dubilier (IUS), Ioxus (US), NAWA Technologies (France), Paper Battery Company (US), Skeleton Technologies (Estonia), and SPEL Technologies (India).
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=37140453
The key players operating in the supercapacitor market include Tesla (US), Nippon Chemi-Con (Japan), CAP-XX (Australia), LS Mtron (South Korea), Panasonic (Japan), Eaton (US), Cornell-Dubilier (IUS), Ioxus (US), NAWA Technologies (France), Paper Battery Company (US), Skeleton Technologies (Estonia), and SPEL Technologies (India).
Browse 96 market data Tables and 44 Figures spread through 153 Pages and in-depth TOC on "Supercapacitor
Market with COVID-19 Impact Analysis by Type (Electric Double-layered
Capacitors, Pseudocapacitors, Hybrid Capacitors), Electrode Material,
Application (Automotive, Energy, Consumer Electronics, Industrial,
Medical, Aerospace & Defense), Region - Global Forecast to 2025"
The electric double-layered capacitors segment to hold the largest size of the supercapacitor market by 2025
Electric
double-layered capacitors are being used as an alternative to
conventional batteries. They work excellently in all those applications
wherein a stable supply of energy is required over a short period of
time. Several industrial units across the world have suspended their
operations owing to the outbreak of the COVID-19. This is expected to
create a temporary slag in the growth of the supercapacitor market in
2020.
The automotive segment is projected to account for the largest size of the supercapacitor market by 2025.
Supercapacitors
are well suited for electric vehicles (EVs) and hybrid electric
vehicles (HEVs), as they can compensate for the shortcomings of
batteries. Unlike batteries, supercapacitors operate over a broader
temperature range and eliminate the requirement of charge equalization
management. The automotive sector is one of the key sectors incurring
significant losses owing to the COVID-19 pandemic situation. The global
demand for vehicles has reduced significantly owing to lockdowns imposed
in different countries of the world. This, in turn, is impacting
vehicle production, as well as the demand for supercapacitors globally.
Asia Pacific (APAC) projected to be the largest market for supercapacitors from 2020 to 2025.
The
growth of the supercapacitor market in APAC can be attributed to rapid
industrialization and infrastructure development in the region. China is
expected to continue to account for the largest share of the
supercapacitor market in APAC during the forecast period. Supply chains
in and around APAC have been disrupted owing to the outbreak of the
COVID-19 pandemic, which has resulted in limited permissible
transportation. The Asian countries under lockdowns have suffered
tremendous loss of business and revenue due to the shutdown of a number
of manufacturing units in the region. This, in turn, is impacting the
demand for supercapacitors.
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Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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