Super Capacitors Market Overview
The supercapacitor
market is growing due to increasing demand for energy-efficient and
high-performance electronic devices. The market is driven by the growing use of
supercapacitors in applications such as renewable energy systems,
transportation, and consumer electronics. Additionally, advancements in
technology and the increasing focus on sustainability are expected to further
drive the growth of the supercapacitor market in the coming years.
The super
capacitors market has been reaching
tremendous heights over the past couple of years, and by 2023, the market is
anticipated to attain a value of 2.6 billion USD. Due to the rising demands,
the market is estimated to have a CAGR of 21% during the forecast period from
2017 to 2023.
Super capacitors have
various names like electric double-layer capacitors, ultra-capacitors, and
pseudo capacitors, which, when combined with batteries, act as long-lasting
electric batteries. They have no conventional electricity but contain plates
including two layers of the same substance. Due to its easy charge and
discharge cycle, it is utilized for on and off operation, eventually boosting
the expansion of super capacitors market size. The increase in usage of super capacitors in
the utility factor is for ramping, bridging, and regulation favoring the
market's growth.
As per the super
capacitors market analysis,
these capacitors are largely used in automotive applications, eventually
propelling the market potential. Battery longevity and longer shelf life
features are driving the market growth to a completely new level. The usage of
super capacitors in aircraft and trains is also surging the market demands.
Super capacitors are used in wind and solar energy applications, which
contributes to the betterment of the industry.
The super capacitor
market forecast report
provides in-depth insights into the market growth. It mentions different market
segments and elaborates the regional analysis of the market. It also includes
industry-related news. Due to the heavy demand, the super capacitors
market size will
increase to optimum levels in the forecast period.
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report @ https://www.marketresearchfuture.com/sample_request/4168
Key Players
The top players in the global supercapacitors market
include Maxwell Technologies, Inc. (U.S.), Panasonic Corporation (Japan),
CAP-XX Limited (Australia), Murata Manufacturing Co., Ltd. (Japan), AVX Corp
(U.S.), Nesscap Energy Inc. (Canada), Axion Power International, Inc. (U.S.),
DuPont (U.S.), Komatsu Ltd. (Japan),
Haydale (U.K.), and Toyota Motor Sales, Inc. (U.S.).
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Complete Report @ https://www.marketresearchfuture.com/reports/super-capacitors-market-4168
Super Capacitors Market Segmentation
The global super
capacitors market is bifurcated based on application, type, and end-users.
·
By
application, the market is classified into cameras, audio systems, laptops,
smoke detectors, flash cameras, memory devices, buses, power backup systems,
aircraft, and others.
·
By type,
the market is fragmented into double-layer capacitors, hybrid capacitors,
pseudo capacitors, and many more.
·
By
end-users, the market is segmented into consumer electronics, energy,
industrial, healthcare, defense, healthcare, etc.
Super Capacitors Market Regional Analysis
The super
capacitors market analysis is
done in several areas such as North America, Asia-Pacific, Europe, and the
remaining parts of the world. The Asia-Pacific region has the largest super
capacitors market size due
to the rise in the automotive industry and the electronic sector in India and
China. In Asia-Pacific, super capacitors have huge demand due to smart irrigation
technology. The rapid industrialization and the rise in infrastructure
development are driving the market potential in that region.
North America will
account for the second-largest market share, and the region will have maximum
growth due to super capacitor import-export demand and automotive industries
growth. Europe is expected to have a significant rise in the upcoming years.
Industry News
In 2021, Grapheton
Inc., the partner of US Nuclear, has created next-gen super capacitors through
special glassy carbon material, which could be utilized in charging electric
vehicle systems.
In 2021, a leading
electronic component manufacturer AVX Corporation launched a new series of
super capacitors for providing peak performance in battery-powered products.
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