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Hybrid Capacitor Market: Shares, Strategies and Forecast Worldwide, 2017 to 2025

01-04-2018 11:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Hybrid capacitors are combination of a supercapacitor and a conventional lithium ion battery. A hybrid capacitor uses electrodes with different characteristics. One electrode exhibits electrostatic capacitance, while the other has electrochemical capacitance. Owing to its high energy density and high power density, a hybrid capacitor is suitable for both applications which require high energy storage and pulse power such as navy radar planes. In addition, hybrid capacitor are capable of operating in extreme temperatures, ranging from -55°C to +200°C. Moreover, hybrid capacitor has a very good frequency response of about 5kHz and are smaller in size as compared to aluminum electrolytic capacitors. Thus, due to the huge benefits associated with hybrid capacitor it is increasingly adopted across various application segments especially in automotive, energy generation, military and defense sector among others.

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In order to provide an exhaustive and detailed analysis of the market, the global hybrid capacitor market has been segmented on the basis of architecture and end user. Based on the architecture, the global hybrid capacitor market has been classified into hybrid capacitor module and board mounted hybrid capacitor. In addition, application of hybrid capacitor across various end user segments including automotive and transportation sector, power generation and distribution sector and consumer electronics segment among others is also highlighted in this report. Moreover, information related to current market trend along with future expected growth trend of all the above mentioned architecture and end user segment across different regions including Europe, North America, Asia Pacific, Middle-East and Africa (MEA) and Latin America is also provided in this report.

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Increasing demand of hybrid capacitor from automotive and renewable energy generation and distribution sector is one of the most important factor anticipated to boost the demand of hybrid capacitor during the forecast period from 2017 to 2025. Use of hybrid capacitor in buses, long-haul trucks, fleet vehicles, trains, and metros among other vehicles can reduce fuel consumption and eliminates carbon emissions in these vehicles. Adoption of hybrid capacitor in several automotive applications such as auto start-stop, door-lock systems, power assist, regenerative braking, catalyst preheating and stabilization of electrical system is expected to raise the demand of hybrid capacitor globally.

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About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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