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”
Double layer capacitor held the largest market share in 2015 and is expected to exhibit high growth during the forecast period
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.
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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.
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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