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Global Supercapacitors Market 2020 Size, Demand, Rising Impact of COVID-19, Competitive Insights- Maxwell Technologies Inc. (Tesla Inc.), Panasonic Corporation, Nippon Chemi-Con Corp., LS Mtron Ltd, CAP-XX Limited

07-24-2020 01:20 PM CET | Associations & Organizations

Press release from: Market Insights Reports

The global Supercapacitors market was valued at USD 834.33 million in 2019, and it is expected to reach USD 2663.7 million by 2025, registering a CAGR of 21.8%, during the period of 2020-2025.

With the ability of quick charging and temperature stability, supercapacitors are replacing traditional electric car batteries. Additionally, supercapacitors are flexible than normal batteries, and high demand for stable power supply for applications, such as GPS, portable media players, laptops, mobile devices, etc., is an emerging trend in the market.

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Supercapacitors are the enhanced variant traditional capacitors that can store large amounts of energy (10-100 times more energy per unit mass, as compared to electrolytic capacitors). They have unique features, such as high power density and cyclability, which are currently not matched by any other energy storage devices in the market. Primarily owing to the increased adoption in consumer electronics, the demand for supercapacitors increased significantly over the past few years with addition to increase in industrial and automotive sectors.

The prominent players in the global Supercapacitors market are:

Maxwell Technologies Inc. (Tesla Inc.), Panasonic Corporation, Nippon Chemi-Con Corp., LS Mtron Ltd, CAP-XX Limited, Murata Manufacturing Co. Ltd, Supreme Power Solutions, IOXUS Inc, JSR Micro NV, Shanghai Aowei Technology Development Co. Ltd., Taiyo Yuden Co. Ltd., TOKIN Corporation, Skeleton Technologies, AVX Corporation, Spel Technologies Private Limited, Evans Capacitor Company

Top of FormReport Coverage

Utilities to Hold a Significant Share

- Utilities are one of the critical markets for supercapacitors. The global energy crisis is opting for renewable and lasting energy sources, which may eventually replace fossil fuels. Supercapacitors/ultracapacitors are an important part of the solution to store and recycle energy. These systems have the unique ability to temporarily store a large amount of energy provided by the cyclical nature of wind, solar, and wave type systems.
- Their applications, like generator bridging, ramping and regulation, primary frequency response, and voltage sag mitigation, are also providing a grid or microgrid monitoring and stabilization.
- In September 2018, Maxwell Technologies announced a grid energy storage subsystem design-in with Siemens, to deliver economical, fast-responding, long-life grid voltage and frequency support solutions.

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Competitive Landscape

- Aug 2019 - Eaton released the XLR-51 supercapacitor module that extends the XLR module family to 51.3 volts (V) and 188 farads (F). It is ideal for rugged applications with harsh environments, such as transportation, marine, grid storage, and material handling.
- Apr 2019 - Ioxus Inc. announced that the 24V uSTART battery support system is now being offered as the heavy equipment industry's only drop-in replacement product that needs no special wiring. Using two group 31 batteries in series, with one 24V uSTART in parallel, users can replace their 4D battery in heavy equipment. This ultracapacitor-based product is designed with smart power electronics to assist in starting engines up to 50 L for large off-road equipment. Furthermore, Global Supercapacitors Market following points are involved along with a detailed study of each point: –

─Manufacture Analysis — Generation of this Global Supercapacitors Industry is tested about applications, types, and regions with price analysis of players that are covered.

─Sales & Revenue Assessment — Revenue, sales are planned for this Supercapacitors market, including with various essentials along yet another facet is assessed in this section for foremost regions.

─Supply and Effectiveness — In continuation using earnings, this section studies consumption, and global Supercapacitors market. This area also sheds light on the variance between ingestion and distribution. Export and Supercapacitors significance data are provided in this part.

─Competitors — In this section, key players have been studied depending on product portfolio, their Supercapacitors market company profile, volume, price, price, and earnings.

─Investigations and Analysis — Supercapacitors market analysis aside from business, the information, and supply, contact information from manufacturers, consumers and providers can also be presented. Additionally, a feasibility study to asset and SWOT analysis for endeavors have been contained.

Contact US:

Irfan Tamboli (Head of Sales) – Market Insights Reports

Phone: + 1704 266 3234

Mob: +91-750-707-8687

sales@marketinsightsreports.com

irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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