Rising use of supercapacitors in renewable energy generation plants opportunity with Supercapacitor Market worth $912 million by 2027

 

Attractive Opportunity: Supercharge your Visualization

Rising requirements for energy conservation solutions and high storage capabilities especially in automotive, energy and consumer electronics applications due to accelerated use of supercapacitors for EVs/HEVs, trains and aircrafts, smart wearables, wind turbines, grid energy storage systems and rail wayside are some of the major factors propelling the growth of supercapacitor market.

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Industry Trends of the Global Supercapacitor Market:

1. CAP-XX signed a sourcing agreement with Continental Automotive GmbH, a Tier 1 automotive supplier, to provide CAP-XX DMT220 prismatic supercaps for one of Continental’s key automotive programs.

2. Cornell Dubilier announced that its subsidiary, CD Snow Hill, LLC, has acquired the capacitor producing assets of NWL, Inc.  possessing greater capabilities in custom high-voltage film capacitors for pulsed power and power conversion applications, the company is poised to expand its solutions for industrial, military, and medical customers.

3. Nippon Chemi-Con has developed supercapacitor DLCAP™ modules optimal for backup power supplies in emergencies such as power losses. The products are especially for use in industrial equipment.

What are the Driving Factors of Evolution of consolidation in Supercapacitor Market ?

The Supercapacitor market size is projecte reach USD 912 million by 2027 growing at a CAGR of 14.1% during forecat period.

Hybrid capacitor segment to grow at the fastest CAGR during the forecast period.

Hybrid capacitor of the supercapacitor market is expected to grow at the highest CAGR from 2022 to 2027. Hybrid capacitors use one electrode and one electrochemical cell. They have a higher energy density than double-layered capacitors. These capacitors are free from self-discharge and have greater durability than lithium-ion batteries.

Supercapacitor Market : Top Leading Companies Profiles Key Benefits For Stakeholders:
Carbon is projected to hold the largest share of the supercapacitor market for electrode material in 2022.

Carbon is expected to capture the largest market share in 2022. Carbon is one of the most abundant materials present in nature. Hence, it is economical to use carbon in energy storage and conversion processes. Carbon materials are ideal for supercapacitors owing to their excellent mechanical strength, good electrical conductivity, high electron mobility, high chemical stability, large surface area, and highly tunable properties.

The key players operating in the supercapacitor market include Panasonic Industry(Japan), Eaton(Ireland), Nippon Chemi-Con(Japan), Maxwell Technologies(South Korea), and Cap-XX(Australia)are the top five players in the supercapacitor market are some of the key players operating in supercapacitor market globally.

Supercapacitor Market - Geographical Regional Vision by Marketsandmarkets^TM
China to account for a significant market share of Asia Pacific from 2022 to 2027

China is projected to account for the major share of the supercapacitor market in Asia Pacific from 2022 to 2027. The country is a key manufacturer of electronic devices. The country is also know for low cost automotive product manufacturing. It is the most significant economy in the region. Factors such as ongoing industrialization, the rising requirement for replacing aging renewable plants and energy sources, and increasing adoption of preventive maintenance activities by manufacturing firms in automotive, electronics, industrial and other applications is pushing the growth of the supercapacitor market in China.

Regions & Countries Covered in Supercapacitor Market :

North America - (U.S., Canada, Mexico)

Europe - (U.K., France, Germany, Italy, Spain, Rest of Europe)

Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)

Latin America - (Brazil, Argentina, Rest Of Latin America)

The Middle East & Africa - (GCC Countries, South Africa, Rest Of the Middle East & Africa)

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