Global Supercapacitor Market | Autumn Market Research

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Global Supercapacitor Market

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Global Supercapacitor Market to Grow at 19.8
CAGR Through 2024 Autumn Market Research
Autumn new market research report Global Market
for Supercapacitors 2018 2024 estimates that
the global supercapacitors market will reach 2.9
billion by 2024, growing at a CAGR of 19.8 over
the forecast period (2019-2024). The market is
primarily driven due to its increased application
in hybrid automobiles, electronics and electrical
equipment, and smart grid applications.
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Global Supercapacitor Market to Grow at 19.8
CAGR Through 2024 Autumn Market Research
A supercapacitor, also called an ultracapacitor
or electrochemical capacitor, is an electrical
device with an ability to hold capacitance much
higher than a standard capacitor. Supercapacitors
utilize high surface area electrode materials and
thin electrolytic dielectrics to achieve
capacitances with much higher magnitude.
  Supercapacitors are mainly used to deliver
high power or where electrical energy storage is
required. Over the decades, supercapacitors have
evolved with technological advancement and
transitioned into battery technology by making
the use of electrode and electrolyte with special
configurations.
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Global Supercapacitor Market to Grow at 19.8
CAGR Through 2024 Autumn Market Research

• Recent Developments
• On April 28, 2017, Maxwell Technologies
  successfully completed its acquisition of
  substantially all the assets and business,
  including the operating entities, of Nesscap
  Energy, Inc. The company expects that this
  acquisition will enable them to deliver more
  products and technologies at a faster pace to
  their global customer base.
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• On April 19, 2018, CAP-XX launched thin 3V
  supercapacitors. The company is expecting to
  deliver benefits in terms of cost savings of
  0.27 to 0.31, or 20 to 25, based on a single
  supercapacitor price of US0.95 to 1.0, in
  comparison to 2.7V cells that require an LDO.

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Global Supercapacitor Market to Grow at 19.8
CAGR Through 2024 Autumn Market Research

• Asia-Pacific, the Fastest Growing Region
• Asia-Pacific is expected to be the fastest
  growing region for supercapacitor market
  witnessing the CAGR of more than 20 over the
  forecast period (2019-2024). The demand in this
  region is driven by factors such as rising per
  capita income, rapid urbanization, and high
  economic growth, which in turn is driving the
  demand for supercapacitors from various end-use
  industries such as electronics, automotive,
  industrial, and energy.
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• In North America and European regions, government
  regulations and initiatives toward use of
  environment-friendly products will drive the
  demand for energy-efficient electrical and
  electronic products based on supercapacitors
  through 2024.

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Global Supercapacitor Market to Grow at 19.8
CAGR Through 2024 Autumn Market Research

• Consumer Electronics and Automotive Sectors
  Dominate the Demand for Supercapacitors
• In consumer electronics, supercapacitors are used
  primarily in memory backup and mostly energy
  storage system in electronic devices. Whereas, in
  automotive industry, they used primarily in
  electronically controlled braking (ECB) and
  electric power steering (EPS).
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• Consumer electronics and automotive industries
  collectively accounted for close to 75 share of
  the global supercapacitor market size in 2018.
  The demand for supercapacitors in consumer
  electronics industry is driven by its favorable
  properties such as energy storage system, peak
  power assist, and auxiliary power source. In
  automotive sector, supercapacitors provide the
  technology solutions for Kinetic Energy Recovery
  System (KERS) applications.

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Global Supercapacitor Market to Grow at 19.8
CAGR Through 2024 Autumn Market Research

• Global Supercapacitors Market - Key Players
• AVX Corp., Axion Power International, CAP-XX,
  ELNA Co. Ltd., Elton, Graphene Laboratories,
  Jianghai Capacitor Co. Ltd, Jiangsu Shuangdeng
  Group Co. Ltd, Maxwell Technologies, Nesscap
  Energy, Nippon Chemi-Con Corp., Panasonic Corp.,
  and XG Sciences are some of the prominent market
  players included in this report.
• Global Supercapacitors Market - Segmentation
• By product type Double Layer Capacitor, Pseudo
  Capacitor, and Hybrid Capacitor
• Applications in various end-use industries
  Transportation and Automotive, Consumer
  Electronics, Industrial, Infrastructure, Medical,
  Aerospace and Defense, Energy, Smart Grids, and
  Others.
• By region North America, Europe, Asia-Pacific,
  South America, and ROW.

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Global Supercapacitor Market to Grow at 19.8
CAGR Through 2024 Autumn Market Research

• Intended Audience for Supercapacitor Industry
  Report
• OEMs
• Supercapacitor Vendors
• Potential Investors
• Government Organizations
• Research and Consultancy Firms
• Network Equipment Vendors and Infrastructure
  Integrators 
• Global Supercapacitors Market, Global
  Supercapacitors Market Size, Global
  Supercapacitors Market Share, Global
  Supercapacitors Market Trends, Global
  Supercapacitors Market Price

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