Supercapacitor Market to Reach $6.3 Billion, Globally, by Top Companies Maxwell Technologies (U.S.), Nippon Chemi-Con Corp. (Japan), Panasonic Corporation (Japan), Ioxus Inc. (U.S.), LS Mtron (South Korea), Nesscap Co. Ltd. (Canada), NEC TOKIN Corporation

Low awareness about usage of supercapacitor and high cost are expected to hinder the growth of the market. Various R&D programs to reduce cost of supercapacitors and emergence of new untapped applications are estimated to boost the growth of the market.

The global supercapacitor market is anticipated to account for $6.3 billion by 2022, growing at a CAGR of 28.7% from 2016 to 2022, according to new report published by Allied Market Research.Electronics segment dominated the market for supercapacitors in 2015. Asia-Pacific led the global market, accounting for a market share of over 35% in the same year.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/1862?utm_source=OPR

Supercapacitor is a high-capacity electromechanical capacitor that stores 10100 times the power stored in normal electrolytic capacitors, and show zero resistance so it can rapidly charge and discharge. In electronic component taxonomy, supercapacitors are positioned between capacitors and batteries. Rise in industrialization is anticipated to increase the demand for supercapacitors in cranes, valves forklifts, and others. Furthermore, stringent government regulatory guidelines for pollution control is projected to fuel the growth of the market.

Moreover, to gain competitive leverage over others, the key market participants adopt various strategies. Companies enter into various agreements and partnerships such as supply & sales agreements and plant manufacture partnerships to serve their customers in a better manner and increase their market outreach.

Based on module, the supercapacitors market is segmented into less than 10 volts module, 1025 volts module, 2550 volts module, 50100 volts module, and above 100 volts module. Among all products based on module, 10 volts to 25 volts module supercapacitors generated the highest revenue in 2015. However, above 100 volts module supercapacitors segment is expected to witness fastest growth over the forecast period.

Automotive can be subsegmented into cars, buses, train, and autos. Industrial is divided into cranes, valves, mining, and smart grids. Nonvolatile RAM and UPS are subsegments of electronics. In 2015, the electronics segment held the largest market share, and is expected to maintain this trend during the forecast period.

Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/1862?utm_source=OPR

Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2015, Asia-Pacific generated the highest revenue, and is expected to maintain its dominance. North America is the second leading region in the supercapacitor market.

The major players profiled in this report are Maxwell Technologies (U.S.), Nippon Chemi-Con Corp. (Japan), Panasonic Corporation (Japan), Ioxus Inc. (U.S.), LS Mtron (South Korea), Nesscap Co. Ltd. (Canada), NEC TOKIN Corporation (Japan), Elna Co. Ltd. (Japan), Seiko Instruments Inc. (Japan), and KORCHIP Corporation (South Korea).

Supercapacitor Market Key Benefits

• This report provides an extensive analysis of the current & emerging market trends and dynamics in the global supercapacitor market.
• In-depth analysis is done in this report by constructing market estimations for the key market segments between 2014 and 2022.
• Comprehensive analysis of factors that drive and restrict the growth of the global market is provided.
• This report entails the detailed quantitative analysis of the current trends and future estimations from 2014 to 2022, which assists to identify the prevailing market opportunities.
• Exhaustive analysis of the global supercapacitor market by type helps to understand the types of supercapacitor that are currently used along with the variants that are expected to gain prominence in the future.
• SWOT analysis highlights the internal environment of the leading companies for effective strategy formulation.
• Competitive intelligence (of leading manufacturers and distributors of supercapacitor) helps to understand the competitive scenario across the geographies.

Analyst Review:

Supercapacitor is an emerging technology, which is projected to present strong potential for the market growth in the coming years. Although the market is currently facing challenges such as currency fluctuation and limited access to vertical markets in the core product segment, the supercapacitor market shows a decent growth rate.

The supercapacitor market is in its growth stage; however, its contribution to the global market is anticipated to increase significantly in the next few years. Currently, lack of awareness about usage of supercapacitors and high deployment cost are major limitations that restrain the adoption of the supercapacitors. However, consistent efforts in R&D, particularly concerned with hybrid capacitors, equivalent series resistance, cost reduction, electrolyte optimization, and self-discharge are expected to boost the growth of the market.

Automotive segment dominated the supercapacitor market in 2015, followed by energy harvesting. Supercapacitors are used in energy harvesting applications (solar and wind energy) to improve efficiency with reduced maintenance. Wind energy harvesting is the second largest sector, which has encouraged the use of supercapacitors. In electronics application, supercapacitors are majorly used in UPS.

Favorable government regulations, newer applications in wind & solar energy, and increased R&D programs have fueled the growth of supercapacitor market. Multiple players across the globe, for instance, Copper Busman and YUNASKO are stepping into the supercapacitor market. Furthermore, emerging technologies such as hybrid capacitor and hybrid batteries are expected to increase the competition among the players in the years to come.

Access Full Summery @ https://www.alliedmarketresearch.com/supercapacitor-market?utm_source=OPR

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.