Press release
Supercapacitor Market Soars to US$ 24.03 Bn by 2029 with a 23.3% CAGR
Supercapacitor Market Report Scope and Research Methodology :The report delves into the world of supercapacitors, highlighting their significance as two-terminal passive electronic devices that offer high capacitance compared to conventional capacitors. Also known as ultracapacitors and electrochemical capacitors, supercapacitors combine the properties of both capacitors and batteries in a single component.
The Vikram Sarabhai Space Center (VSSC) of the Indian Space Research Organization (ISRO) is credited with developing supercapacitors with variable capacitance values (e.g., 5 F, 120 F, 350 F, and 500 F) to meet specific space and societal needs.
In a noteworthy move, Tesla acquired a Californian supercapacitor manufacturer in 2019, sparking speculation about the use of 'supercaps' in their electric vehicles. Despite Elon Musk's subsequent sale of Maxwell to UCAP Power, Tesla retained the company's dry electrode technology.
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Supercapacitor Market Dynamics:
The growth of the Supercapacitor Market is primarily driven by the increasing demand for high-performance electronic devices. Supercapacitors offer a range of benefits, including supplying peak power and backup power, extending battery life and runtime, reducing battery weight, size, and cost, operating in extreme temperatures, and ensuring high reliability and virtually unlimited cycle life. Notably, industries such as automotive, electronics, renewable energy, defense, railways, and power have shown a substantial demand for supercapacitors. Additionally, the development of prototype supercapacitor batteries has been instrumental in driving market growth. Communication systems in telecommunications and space have further contributed to the surging demand for supercapacitors.
Supercapacitor Market Regional Insights:
The Asia-Pacific region is projected to exhibit the fastest growth in the Supercapacitor Market, with a CAGR of xx% during the forecast period. China's burgeoning automotive industry and its role in the global automotive market are significant factors. The Chinese government is actively promoting green mobility solutions, including electric vehicles, making China a leader in innovative technology for electric automobiles.
Other notable developments include Australian-based Cap-XX Limited's acquisition of Murata's supercapacitor production lines, potentially boosting supercapacitor technology for demanding applications. Additionally, Skeleton Technologies Inc. collaborated with Taltech and Tartu University to create flexible ultracapacitors, supported by the European Space Agency (ESA).
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Supercapacitor Market Segmentation:
by Type
Double layer capacitors
Pseudocapacitors
Hybrid capacitors
by Material
Activated carbon
Carbide derived carbon
Carbon aerogel
Graphene
Metal Oxides
Conductive Polymers
by Application
Laptop
Audio system
Camera
Solar Watch
Smoke Detector
Power Backup
Engine
UPS
Buses
EV/HEV
Trains and Locomotives
Defibrillators
Aircraft
by Industry
Consumer Electronics
Industrial
Automotive
Energy
Medical
Aerospace & Defense
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Supercapacitor Market Key Players:
1. Maxwell Technologies, Inc
2. Panasonic Corporation
3. CAP-XX Limited
4. Murata Manufacturing Co., Ltd.
5. Nesscap Energy Inc.
6. AVX Corp
7. Axion Power International, Inc.
8. ELNA CO., LTD.
9. Haydale
10.DuPont
11.Lomiko Metals Inc.
12.Komatsu Ltd
13.Toyota Motor Sales, Inc.
14.Tecate Group
15.Young Electronics Group
16.Jinzhou Kaimei Power Co., Ltd
17.Eton
18.SPEL Technologies Private Limited
19.Nippon Chemi-Con Corporation
20.Skeleton Technologies
21.Ioxus Inc.
22.LS Mtron Ltd.
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Table of content for the Supercapacitor Market includes:
1. Global Supercapacitor Market: Research Methodology
2. Global Supercapacitor Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Supercapacitor Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region
• Market Size, Share, Size and Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
Contact Maximize Market Research:
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About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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