Global Supercapacitor Market: Overview
A supercapacitor is nothing but a high capacity of electrochemical capacitor that has a much higher value of capacitance as compared to other capacitors. It is sometimes also called as electric double layer capacitor. It bridges the gap between the rechargeable batteries and electrolytic capacitors. When compared with normal capacitors, supercapacitor store more energy per unit of mass or volume. They can deliver and accept a charge faster than batteries as well. They can tolerate more discharge and charge cycles than traditional batteries.
Global Supercapacitor Market: Growth Factors
For the past few years, the rising demand for the supercapacitors has been driving the global supercapacitor market. Increased demand by the utility sector and consumer electronics are one of the factors boosting the global market. Extraordinary features of the supercapacitors to provide backup power to equipment such as SRAM, RAM, PC cards, and micro-controllers is driving the global supercapacitor market. In addition to this, increase the demand for stabilized power supply to devices such as computers, laptops, portable media players, GPS, and handheld devices is powering the growth of the global market.
On the other hand, the high cost of raw material and low opportunities in the job is hampering the growth of global supercapacitor market.
Global Supercapacitor Market: Segmentation
On the basis of types, the global market for supercapacitor is classified pseudocapacitors, double layer capacitors, composite hybrids, hybrid capacitors, battery-type hybrids, and asymmetric hybrids. Based on the application, the global market is segmented as audio system, laptop, solar watch, camera, power backup, smoke detector, UPS, engine, EV/HEV, buses, locomotives, trains, aircraft, and defibrillators. On the basis of the type of verticals, the global supercapacitor market is divided as industrial, consumer electronics, energy, automotive, aerospace, medical, and defense.
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Global Supercapacitor Market: Regional Analysis
The global supercapacitor market has spread all across the world. But the countries in the Europe are the one dominating the global market. Countries such as India and China belonging to Asia Pacific are claimed to be fastest growing market due to the rapid pace of industrialization leading to the growth of global supercapacitor market. Other countries in the world will have a steady growth in the global market owing to the factors such as strong economic development and strengthening manufacturing activity.
Global Supercapacitor Market: Competitive Players
Key players in the global supercapacitor market include Maxwell Technologies, Inc., Panasonic Corporation, CAP-XX Limited, Murata Manufacturing Co. Ltd., and Nesscap Energy Inc., AVX Corp, Axion Power International, Inc., ELNA Co. Ltd., Haydale, DuPont, Lomiko Metals Inc., Komatsu Ltd., Toyota Motor Sales Inc., Tecate Group, Young Electronics Group, and others.