Supercapacitor Market - Snapshot
According to a new market report published by Transparency Market Research titled “Supercapacitors Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global supercapacitors market is expected to reach US$ 5.979.67 Mn by 2026. The market is projected to expand at a CAGR of 15.24% during the forecast period from 2018 to 2026. According to the report, the global supercapacitors market will continue to be influenced by a range of factors such as environment regulations in regions such as North America, Europe, and Asia Pacific. Additionally, longer life cycle as compared to batteries and decreasing price of supercapacitors is projected to boost the global supercapacitors market during the forecast period 2018-2026. Asia Pacific will be at the forefront of growth, with the market in the region growing at above 17% through 2026.
Consumer electronics sector expected to be more lucrative for the global supercapacitors market:
The global supercapacitors market is bifurcated by end-use industry into automotive, industrial, energy, consumer electronics, and others. The others segment covers aerospace, military and sensor technology. Consumer electronics sector is expected to contribute significant revenues to the market by 2026 due to the increased implementation of supercapacitors technology in prominent devices used in consumer technologies such as mobiles and laptops. Furthermore, the increasing adoption of supercapacitors technology in consumer industry in major Asia Pacific countries such as China and Japan is expected to be one of the prominent reasons for market growth in consumer electronics industry over the forecast period. Furthermore, growing adoption of supercapacitors in the energy industry is anticipated to see a boost owing to the growing need to maintain high energy.
Double layer supercapacitors are expected to have significant share in the supercapacitors market
Based on product type, the supercapacitors market is segmented into double layer supercapacitors, pseudocapacitors, and hybrid capacitors. Growth of the double layered supercapacitors is anticipated to be high due to the significant cost effectiveness provided by double layered supercapacitor. Significant adoption of double layered capacitors in major industries including consumer electronics and automotive are boosting the growth of double layered capacitors. Additionally, leading companies are focused on introducing enhanced EDLC (electric double layer capacitor) solutions. In May 2018, Panasonic Corporation launched the LF series of electric double layer capacitors with a significant focus on lifetime hours and low resistance. However, due to the significant temperature range, power, and energy capacity provided by hybrid capacitors, it is expected to expand at a higher CAGR value over the forecast period 2018-2026.
Asia Pacific to continue to grow at a significant CAGR over the forecast period
Asia Pacific is expected to hold substantial share of the supercapacitors market during the forecast period. The growth is mainly due to the booming supercapacitors marketplace with the presence of well-established players across the region. Furthermore, Asia Pacific is home to many well-established players from the supercapacitors domain including Panasonic Corporation, Nippon Chemi-Con Corporation, Murata Manufacturing Co., Ltd, VINATech Co., Ltd, and LS Mtron.
Maxwell Technologies Inc., Panasonic Corporation, Ioxus Inc. Nippon Chemi-Con Corporation, Murata Manufacturing Co., Ltd, and LS Mtron among others are some of the major players in the supercapacitors market profiled in this study. Details such as financials, SWOT analysis, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling. Various market players are establishing partnerships, entering into strategic M&A, and expanding to enhance their supercapacitors offerings worldwide.
Supercapacitor Market – Overview
The “Supercapacitor Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026” report provides analysis of the supercapacitor market for the period 2016–2026, wherein 2018 to 2026 is the forecast period, and 2017 is considered as the base year. Data for 2016 has been included as historical information. The report covers all the trends and technologies playing a major role in the growth of the supercapacitor market during the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the market growth during this period. The study provides a holistic perspective on the market’s growth in terms of revenue (in US$ Mn) across different geographical regions, namely North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report highlights the key trends affecting the market on a global scale. Furthermore, region wise prominent countries/regions covered in the report includes the U.S, Canada, Germany, France, U.K, India, China, Japan, GCC countries,South Africa, and Brazil.
This report analyzes and forecasts the supercapacitor market at the global and regional level. The market has been forecasted based on revenue (US$ Mn) from 2018 to 2026. The study includes drivers and restraints of the global supercapacitor market. It also covers the impact of these drivers and restraints during the forecast period. The report comprises a detailed value chain analysis, which provides a comprehensive view of the global supercapacitor market. Porter’s Five Forces model has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.
Global Supercapacitor Market: Taxonomy
This research study on the global supercapacitor market provides a detailed cross segment and cross country analysis based on the different segments including application, type, and product. Based on application, the global supercapacitor market is divided into automotive, industrial, energy, consumer electronics, and others. Others includes aerospace, military, and sensor technology. Based on product, the market is segmented into double layer supercapacitor, pseudocapacitors, and hybrid capacitors. Based on type, the market is divided into supercapacitor module, supercapacitor weldable cells, and board mounted supercapacitors.
Global Supercapacitor Market: Research Methodology
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, national government documents, statistical databases, and market reports, Factiva, etc.
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide first-handinformation on the market size, market trends, growth trends, competitive landscape, and outlook, etc. These help us to validate and strengthen secondary research findings. These also help to develop the analysis team’s market expertise and understanding.
Global Supercapacitor Market: Competitive Dynamics
The report highlights wellestablished players of the market includingPanasonic Corporation, Maxwell Technologies Inc., Nippon Chemi-Con Corporation, Murata Manufacturing Co., Ltd, Ioxus Inc. and LS Mtron. These key players are looking to capture larger market share by innovating supercapacitors. For instance,in May 2018, Panasonic Corporation launched the LF series of electric double layer supercapacitors with a significant focus on lifetime hours and low resistance.
The global supercapacitor market can be segmented as follows
Global Supercapacitor Market, by Application
- Consumer Electronics
Global Supercapacitor Market, by Product
- Double Layer Supercapacitor
- Hybrid Capacitor
Global Supercapacitor Market, by Type
- Supercapacitor Module
- Supercapacitor Weldable Cell
- Board Mounted Supercapacitor
Global Supercapacitor Market, by Geography
- North America
- Rest of Europe
- Rest of Asia Pacific
- Middle East &Africa
- GCC Countries
- South Africa
- Rest of MEA
- South America
- Rest of South America