Market Overview:
Super capacitors can be explained as ultra-capacitors, electric double-layer capacitors and pseudo capacitors which do not have a conventional electric instead they have plates that are filled with two layers of an identical substance. Super capacitor with the combination of battery helps to create an electric battery which is long lasting, more powerful and less expensive than other technologies.
The Super Capacitors Market is anticipated to show significant growth. The factors contributing to the growth of the super capacitors market are increasing need for energy conservation and high-performance super capacitors for consumer and automotive sectors, growing demand for additional capabilities and high implementation of super capacitors solutions across various sectors. The revolution in various storage technology with the introduction of various capacitors is helping the super capacitors market to grow. The super capacitors has a long life period than other batteries.
Therefore, there is an increasing demand for stabilized power supply in applications such as laptop computers, GPS and portable media players among other. However, factors such as high cost related to technological innovations and technical integrations, competition across high capacity battery vendors are hindering the growth of the super capacitors market. According to a recent study report published by the Market Research Future, the global market of super capacitors is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
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Major Key Players:
Panasonic Corporation (Japan), Maxwell Technologies, Inc. (U.S.), Murata Manufacturing Co., Ltd. (Japan), CAP-XX Limited (Australia), Nesscap Energy Inc. (Canada), AVX Corp (U.S.), DuPont (U.S.), Axion Power International, Inc. (U.S.), Haydale (U.K.), Komatsu Ltd. (Japan) and Toyota Motor Sales, Inc. (U.S.) are some of the prominent players at the forefront of competition in the Global Super Capacitors Market and are profiled in MRFR Analysis.
Industry News:
Dec 25, 2017 – Panasonic Corporation manufactured an anti-vibration, surface-mounted conductive-polymer hybrid aluminium electrolytic capacitor. That has application in power circuits for automotive electric control units (ECUs) employed in hybrid electric vehicles, electric vehicles, and gasoline-powered vehicles.
January 23, 2018 – CAP-XX has recently manufactured world’s first 3 volt thin super capacitors.
Super Capacitors Global Market Competitive Analysis:
The market of super capacitors market appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.
Super Capacitors Global Market Segmentation:
The Super Capacitors Market can be classified into 4 key segments for the convenience of the report and enhanced understanding;
Segmentation by Type: Comprises double layer capacitors, pseudocapacitors, hybrid capacitors.
Segmentation by Application: Comprises audio systems, cameras, laptops, flash cameras, smoke detectors, power backup systems, memory devices, buses, aircraft, electric vehicles and others.
Segmentation by End-Users: Comprises energy, consumer electronics, industrial, automotive, healthcare, defence and others.
Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
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Super Capacitors Global Market Regional Analysis:
Asia Pacific accounts for highest market share in super capacitors market owing to key industry players such as Panasonic Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), CAP-XX Limited (Australia), Komatsu Ltd. (Japan) and others. The reason is attributed to presence of large number of capacitor vendors and the increasing growth of consumer electronics & automotive industries.
However, North-America is expected to grow over the forecast period, 2017-2023. The reason is attributed to growing demand for high-end technology solutions, increasing R&D happening in this region and strict regulation pertaining to environment friendly technologies.
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