Thursday, September 12, 2019

Super-capacitors and Ultra-capacitors Market 2019 to 2027: Global Industry Size, Share, Growth, Trends, Analysis and Forecast

The global market for super capacitors and ultra-capacitors is expected to grow by 28.23% over the forecast period.

Market Insights

Rapid growth in the electronics industry and hybrid vehicle popularity has driven capacitors market growth. In 2017, the global consumer electronics market was valued at US$ 150 billion and is growing over the forecast period at an annual growth rate of 6.0 percent. Capacitor is an electronic component that uses a two-way terminal to store electric charge. Capacitors may be super-capacitors or ultra-capacitors. A super-capacitor provides high-energy storage while an ultra-capacitor stores more power and energy than a battery or any other condenser. Increasing focus on superior power supply and efficient technology will drive demand for the market for super capacitors and ultra-capacitors.

Browse the full report at https://www.credenceresearch.com/report/super-capacitors-and-ultra-capacitors-market

Automotive / transportation segment will be leading the market in 2018 based on application. The segment represented the largest market share in 2018 for super-capacitors and ultra-capacitors. In addition, the segment of automotive / transportation is expected to grow substantially. On account of increase in demand for hybrid vehicles, focus on energy harvesting, and demand for automotive super-capacitor and ultra-capacitor market shall continue to grow. Capacitors in automotive have been used for well over a decade but the technology has developed rapidly in the recent years. The rise in demand has been backed by electrification of infrastructure and increased concern around fuel efficiency. This would further drive the super-capacitor and ultra-capacitor market throughout the forecast period.

Based on the geography, North America governs the super-capacitor and ultra-capacitor market worldwide. However, Asia Pacific shall take over super-capacitor and ultra-capacitor market during the forecast period. Backed by growth in disposable income, changing infrastructure in the region, super-capacitor and ultra-capacitor market shall flourish. Notably, China has been the largest country in terms of value and shall grow significantly. There has been an increase in purchasing power and changes in lifestyle of people in the region which shall drive the growth of super-capacitor and ultra-capacitor market. On account of regular electronic production and high consumption Asia-Pacific shall continue to dominate the market. These factors would in turn give a steady growth to global super-capacitor and ultra-capacitor market.

Some of the major companies profiled in the report include AVX Corporation, ELNA Co. Ltd., KEMET Electronics, Maxwell Technologies Inc., Murata Manufacturing Co. Ltd., NEC TOKIN, Panasonic Corporation, Nippon Chemi-Con Corporation, Eaton Corporation plc, Ioxus, Inc., Skeleton Technologies OÜ, Cellergy Ltd., Beijing HCC Energy Tech. Co. Ltd, Axion Power International Inc., Bombardier, Inc., Graphene Laboratories Inc., CAP XX Ltd., VINA Tech Co. Ltd, Supreme Power Solutions Co. Ltd, LS Mtron and others.

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By Product Type (2017–2027; US$ Bn)
  • Double Layer Capacitor
  • Pseudo Capacitor
  • Hybrid Capacitor
By Application Type (2017–2027; US$ Bn)
  • Consumer Electronics
  • Utilities
  • Healthcare
  • Aerospace and Defense
  • Automotive/Transportation
By Geography Segment (2017-2027; US$ Bn)
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Latin America
Medium Blog: https://medium.com/@kumarganesh028/super-capacitors-and-ultra-capacitors-market-size-share-growth-trends-analysis-and-forecast-890e756db1e2

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