April 4, 2020

Super-capacitors and Ultra-capacitors Market (28.23% CAGR) 2019 to 2027: Global Industry Size, Share, Growth, Trends and Forecast

According to a new market research report published by Credence Research “Super-capacitors and Ultra-capacitors Market – Growth, Future Prospects and Competitive Analysis, 2019 – 2027”, the global super-capacitors and ultra-capacitors market will grow by 28.23 per cent over the forecast period 2019 to 2027.

Market Insights

Rapid growth in the electronics industry and the popularity of hybrid vehicles have driven the growth of the market for capacitors. In 2017, the global consumer electronics market was valued at US$ 150 billion and is growing at an annual growth rate of 6.0 per cent during the forecast period. Capacitor is an electronic component that stores electrical charge through a two-way terminal. Capacitors can be in the form of super-capacitor or ultra-capacitor. A super-capacitor offers storage for large amount of energy while an ultra-capacitor stores more power and energy than a battery or any other capacitor. Increasing focus on superior power supply and efficient technology shall drive the demand for super-capacitor and ultra-capacitor market.

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

Based on the application, the automotive / transport segment will be the market leader in 2018. The segment accounted for the largest market share for super-capacitors and ultra-capacitors in 2018. Further, the automotive / transport segment is expected to grow significantly. Due to increased demand for hybrid vehicles, the focus on energy harvesting and demand for a super-capacitor and ultra-capacitor automotive market continues 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.

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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.

Report Scope by Segments

By Product Type

  • Double Layer Capacitor
  • Pseudo Capacitor
  • Hybrid Capacitor

By Application Type

  • Consumer Electronics
  • Utilities
  • Healthcare
  • Aerospace and Defense
  • Automotive/Transportation

By Geography Segment

  • North America (U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (Middle East & Africa, Latin America)

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