Press release
Super Capacitors Market is expected to reach 21% CAGR during forecast period 2018-2023 | Murata Manufacturing Co. Ltd., CAP-XX Limited, Nesscap Energy Inc., AVX Corp, DuPont
Global Super Capacitors Market, By Type (Hybrid, Double Layer), By Application (Laptop, Audio Systems), By End-users (Consumer Electronics, Industrial) - Forecast 2023Market Scenario:
Regionally, Asia-Pacific accounted for the largest market share from countries such China, Japan and Australia among others. The reason is attributed to presence of large number of capacitor vendors and the increasing growth of consumer electronics & automotive industries. However, North-America is expected to grow over the forecast period, 2017-2023. The reason is attributed to growing demand for high-end technology solutions, increasing R&D happening in this region and strict regulation pertaining to environment friendly technologies.
The global super capacitors market can be bifurcated as type, application, end-users and region. On the basis of type, the market can be segmented as hybrid capacitors, double layer capacitors and pseudo capacitors. Out of these, double layer capacitors accounted for the largest market share majorly due to its applications from portable electronics to medical devices. However, hybrid capacitors is expected to grow over the forecast period, 2018-2023.
The factors contributing to the growth of the super capacitors market are increasing need for energy conservation and high-performance super capacitors for consumer and automotive sectors, growing demand for additional capabilities and high implementation of super capacitors solutions across various sectors. The revolution in various storage technology with the introduction of various capacitors is helping the super capacitors market to grow. The super capacitors has a long life period than other batteries. Therefore, there is an increasing demand for stabilized power supply in applications such as laptop computers, GPS and portable media players among other. However, factors such as high cost related to technological innovations and technical integrations, competition across high capacity battery vendors are hindering the growth of the super capacitors market. Furthermore, evolution of super capacitors solutions and increasing demand for advanced battery life are expected to boost the growth of the super capacitors market over the forecast period, 2018-2023.
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Super capacitors can be explained as ultra-capacitors, electric double-layer capacitors and pseudo capacitors which do not have a conventional electric instead they have plates that are filled with two layers of an identical substance. Super capacitor with the combination of battery helps to create an electric battery which is long lasting, more powerful and less expensive than other technologies.
The global Super Capacitors Market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking its market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The super capacitors market is highly competitive due to the presence of several large vendors.
The global super capacitors market is expected to reach approximately USD 2.6 billion by the end of 2023 with 21% CAGR during forecast period 2018-2023.
Key Players
The key players in the global super capacitors market include- Panasonic Corporation (Japan), Maxwell Technologies, Inc. (U.S.), Murata Manufacturing Co., Ltd. (Japan), CAP-XX Limited (Australia), Nesscap Energy Inc. (Canada), AVX Corp (U.S.), DuPont (U.S.), Axion Power International, Inc. (U.S.), Haydale (U.K.), Komatsu Ltd. (Japan) and Toyota Motor Sales, Inc. (U.S.) among others.
Segments
For the purpose of this study, Market Research Future has segmented the market of super capacitors into type, application, end-users and region.
Type-
• Hybrid Capacitors
• Double Layer Capacitors
• Pseudo Capacitors
• Others
Application-
• Audio Systems
• Cameras
• Laptops
• Flash Cameras
• Smoke Detectors
• Power Backup Systems
• Memory Devices
• Buses
• Aircraft
• Electric Vehicles
• Others
End-users-
• Energy
• Consumer Electronics
• Industrial
• Automotive
• Healthcare
• Defense
• Others
Region
• North-America
• Europe
• Asia-Pacific
• RoW
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Intended Audience
• Device manufacturers
• Network Operators
• Distributors
• Suppliers
• Research firms
• Software Developers
• Commercial Banks
• Vendors
• Government Agencies
• Vendors
• End-user sectors
• Technology Investors
LIST OF TABLES
TABLE 1 SUPER CAPACITORS MARKET, BY TYPE
TABLE 2 SUPER CAPACITORS MARKET, BY APPLICATION
TABLE 3 SUPER CAPACITORS MARKET, BY END-USERS
TABLE 4 SUPER CAPACITORS MARKET, BY GEOGRAPHY
TABLE 5 NORTH AMERICA SUPER CAPACITORS MARKET, BY TYPE
Continued…..
LIST OF FIGURES
FIGURE 1 RESEARCH METHODOLOGY
FIGURE 2 SUPER CAPACITORS MARKET, BY TYPE (%)
FIGURE 3 SUPER CAPACITORS MARKET, BY APPLICATION (%)
FIGURE 4 SUPER CAPACITORS MARKET, BY END-USERS (%)
FIGURE 5 SUPER CAPACITORS MARKET, BY REGIONS (%)
Continued…..
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
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