According to the new report "Supercapacitor Market
by Type (Double Layer, Pseudocapacitor, and Hybrid), Application
(Laptop, Camera, Power Backup, Memory, UPS, Aircraft, Solid-State Disc
Drives) Vertical, and Geography - Global Forecast to 2022", the
supercapacitor market is estimated to be valued at USD 568.2 million in
2015 and is expected to reach USD 2,181.2 Million by 2022 at a CAGR of
20.7 % between 2016 and 2022. Factors such as high storage capabilities,
need of power conservation, high performance supercapacitors for
consumer and automotive applications, and additional capabilities such
as moisture resistant, light weight and low equivalent series resistance
are the key drivers for supercapacitor market.
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Browse 74 market data tables and 58 figures spread through 162 pages and in-depth TOC on “Supercapacitor Market - Global Forecast to 2022”
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Double layer capacitor held the largest market share in 2015 and is expected to exhibit high growth during the forecast period
Double layer capacitor is the major contributor of
this market. The market for double layer capacitors is increasing
rapidly. Its applications vary from portable electronics and medical
devices to hefty hybrid and other transportation uses. Moreover,
supercapacitor can also be used in other application such as memory,
power backup, led signs, and renewable energy.
Automotive vertical expected to grow at the highest rate during the forecast period
Supercapacitors have extensive range of uses in
automotive. The significance of supercapacitor is increasing owing to
the growing implementation of automobiles that uses electrical systems
to become more energy efficient. Battery uses more energy by losing
kinetic energy while accelerating and decelerating the vehicle Thus,
supercapacitors helps reduce energy usage for power break application in
automotive industry use of traditional batteries in the automotive
sector. The supercapacitors are used widely in the automotive for
headlights, the climate control, and audio system.
APAC held the largest share of the supercapacitor market
The major tech companies such as Panasonic
Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), and Nesscap
Co., Ltd. (China), among others have been responsible for the dynamic
growth of the supercapacitor market in APAC. China held the largest
market share in APAC, in 2015. Additionally, its application in the
consumer electronics and automotive vertical has fueled the market
growth.
The market in APAC is expected to grow at the highest
rate during the forecast period. The increasing number of businesses in
APAC has increased the demand for supercapacitor.
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Major players operating in the supercapacitor market
include Cap-XX Limited (Australia), Panasonic Corporation (Japan),
Nesscap Energy Inc. (Canada), Murata Manufacturing Co., Ltd. (Japan),
Maxwell Technologies, Inc. (U.S.), Axion Power International, Inc.
(U.S.), AVX Corporation (U.S.), Graphene Laboratories, Inc. (U.S.),
Nippon Chemi-Con Corporation (Japan), Mouser Electronics, Inc. (U.S.),
and Evans Capacitor Company (U.S.).
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Magarpatta city, Hadapsar
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1-888-600-6441
Email: sales@marketsandmarkets.com
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