Supercapacitor market - Opportunities & Forecast, 2018-2025

Posted September 21, 2020 by shaqibakram

The current trend in Supercapacitor Market can be seen by the increasing applications of supercapacitors in renewable energy vertical, which has considerably increased in recent years......

Supercapacitors are a high-capacity electromechanical capacitor which stores 10100 times the power stored in a normal electrolytic capacitor, and Supercapacitors show zero resistance so it can charge and discharge very quickly. Supercapacitors are placed in between capacitors and batteries according to electronic component taxonomy. Rise in industrialization is anticipated to increase the demand for supercapacitors in cranes, valves forklifts, and others.

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The current trend in Supercapacitor Market can be seen by the increasing applications of supercapacitors in renewable energy vertical, which has considerably increased in recent years, owing to their extended functional life. In the wind energy sector, supercapacitors control the pitch, and manage emergency power needed. In the solar energy storage system, integration of batteries and supercapacitors boosts the power density of the overall system. Use of supercapacitor bank also optimizes the photovoltaic system to prevent excessive battery storage, thus increasing the demand for supercapacitors. In elevators, the energy lost during the braking is stored in the supercapacitor and that energy is supplied back to the power grid of the building. Electric vehicles (EVs) and other hybrid electric vehicles (HEVs) use supercapacitors to store the energy lost while braking. Reduction in pollution level and reduction in cost of automobile are some of the factors responsible for boost in this market. These are the major trends in market and major driving factors which are boosting the market growth. Additionally, longer life cycle as compared to batteries and decreasing price of supercapacitors is projected to boost the global supercapacitors market. Furthermore, stringent government regulatory guidelines for pollution control is projected to fuel the growth of the market.

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Key players in this market are LS Mtron Ltd., Nesscap Co., Ltd, NEC TOKIN Corporation, Elna Co. Ltd, Seiko Instruments Inc., Maxwell Technologies, Nippon Chemi-Con Corp., Panasonic Corporation, Ioxus Inc., and KORCHIP Corporation.

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Global Supercapacitor Market has been segmented on the basis of product, application areas, by type of module and region. Based on the type of product it is segmented as Double layer supercapacitor, Pseudo capacitor, Hybrid Capacitor. Based on application verticals it is segmented into Consumer electronics, Healthcare, Automobile & Transportation, Aerospace and Defence, Industrial & Utilities and Others. On the basis of type of module type, the market is segmented as Less than 10 Volts Modules, 10-25 Volts Modules, 25-50 Volts Modules, 50-100 Volts Modules, and Above 100 Volts Modules. The region in focus is entire world market. The report highlights the main market drivers fuelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the Supercapacitors in global market. The competitive landscape section of the report captures and highlights the recent developments within the market.

Key questions answered in this research report:

At what pace is Global Supercapacitor market growing? What will be growth trend in future?
What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in Global Supercapacitor market?
What are the various application areas and how they are poised to grow?

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Last Updated September 21, 2020