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Supercapacitors Market 2021 Value with Status and Global Analysis - Eaton Corporation PLC, Maxwell Technologies Inc. (Tesla Inc.), Skeleton Technologies Inc
The Supercapacitors Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.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.
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Top Leading Companies of Supercapacitors Market are Eaton Corporation PLC, Maxwell Technologies Inc. (Tesla Inc.), Skeleton Technologies Inc., Cap-XX Limited, AVX Corporation(KYOCERA Corporation), Supreme Power Solutions, LS Mtron Ltd, TOKIN Corporation, Shanghai Aowei Technology Development Co. Ltd, Ioxus Inc. (XS Power Batteries), Panasonic Corporation, Jianghai Capacitor, Beijing HCC Energy, TIG Technology, Jinzhou Kaimei Power Co.,Ltd (KAM), Shanghai Green Tech Co., Ltd (GTCAP), Shenzhen Topmay Electronic Co., Ltd. and others.
Industry News and Updates
- March 2020:AVX Corporation, a manufacturer of electronic components, interconnect sensing and control devices, and related products was acquired by KYOCERA Corporation, a Japanese multinational ceramics and electronics manufacturer.
- December 2019: CAP-XX, an Australia based supercapacitor manufacturer and supplier, acquired Murata manufacturing supercapacitor production lines, will produce Murata’s three supercapacitor families, and serve its customers from Sydney from Q3 2020. This would help CAP-XX set up a manufacturing facility in Sydney by transferring Murata production line from japan and access to Murata’s affluent customer base in the Asia Pacific region.
- 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.
Key Market Trends
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.
- Companies like ABB , and Siemens have launched grid energy storage systems using supercapacitors in partnership with Supercapacitor manufacturers.
- According to US Energy Storage Monitor Utility, scale energy storage is a nascent, but rapidly growing market and is expected to reach over USD 1 billion by 2020, in the United States alone; hence, offering a massive market to target for supercapacitors.
- Supercapacitors are also gaining traction to protect CMOS logic and power electronic toys. Security alarm systems, Uninterruptible Power Supply (UPS) systems, and solar power are other typical applications.
Regional Outlook of Supercapacitors Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Supercapacitors Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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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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