Supercapacitor Market Estimated To Witness a Phenomenal Growth by 2025

A super-capacitor also called as ultra-capacitor has a high capacity and capacitance as compared to conventional capacitors. It is capable of storing 10 to 100 times more energy per unit volume than electrolytic capacitor. Supercapacitor acts as a bridge between capacitors and rechargeable batteries. It is used for power regulation in batteries. Super-capacitors are used in application where faster charging and discharging is required, owing to its property of low impedance. These applications includes cars, trains, buses, and elevators, where it can be utilized for regenerative braking and storage of energy for short period of time. Other major application is wind turbines in which supercapacitors are responsible for smoothing out the discontinuous power supplied by the wind.

Advancements in consumer electronic technology is major factor driving growth of the global super-capacitor market, owing to increasing adoption of smart, sustainable, and convenient devices. For instance, smartphones and laptops require longer electric power backup, which is fulfilled by super-capacitors. For instance, according to Coherent Market Insights’ analysis, in 2016, around 350 units of mobile devices were sold globally, which accounted for an increase of over 3.7% from 2015. Revenue generated by smartphone devices accounted for over 70% sales of the global mobile devices in 2016.

Request for Sample Copy of this Report :

https://www.coherentmarketinsights.com/insight/request-sample/1145

However, high cost of materials associated with manufacturing of supercapicator is major restrain for growth the global super-capacitor market. For instance, graphene is most commonly used in supercapacitor as electrolytes, which is more expensive than activated carbon and lithium ion batteries.

Asia Pacific market is expected to exhibit the highest CAGR over the forecast period (2017 – 2025). This is due to presence of major key players in this region such as Panasonic Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), and Nesscap Co., Ltd. (China). Rapid technological advancements in automotive sector is expected to boost the market growth. For instance, according to the International Energy Agency’s Global EV Outlook, China was largest market for electric vehicles in 2016, accounting for sell of over 40% of the electric cars worldwide, which includes over 200 million electric two-wheelers and over 300,000 electric buses. Supercapacitors are significantly used in electric and hybrid vehicles for short-term energy storage and brake reforming, which in turn is fueling growth of the market in this region.

Major players operating in the global supercapacitor market include Cap-XX Limited, Panasonic Corporation, Nesscap Energy Inc., Murata Manufacturing Co., Ltd., Maxwell Technologies, Inc., Skeleton Technologies, Axion Power International, Inc., Graphene Laboratories, Inc., Nippon Chemi-Con Corporation, Mouser Electronics, Inc., AVX Corporation, Evans Capacitor Company, and SPEL Technologies Private Limited.

Request for Table of Content of this Report :

https://www.coherentmarketinsights.com/ongoing-insight/toc/1145

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]

Visit our news Website: http://www.coherentchronicle.com

You may be interested

Researchers Develop Novel Method to Fight Sepsis
Healthcare
Healthcare

Researchers Develop Novel Method to Fight Sepsis

Mohit Joshi - October 15, 2018

Researchers developed a novel method to fight sepsis, according to a study published on September 11, 2018. This study was conducted by the researchers at the Washington…

Digital Health Market Expansion to be Persistent During 2026
Business
Business

Digital Health Market Expansion to be Persistent During 2026

Albert R - October 12, 2018

"The Digital Health Market is expected to have a highly positive outlook for the next five years 2018-2026 according to a recently released Digital Health Market research…

Medical Grade Hydrogel Market Poised to Take Off by 2026
Business
Business

Medical Grade Hydrogel Market Poised to Take Off by 2026

Albert R - October 12, 2018

"The Medical Grade Hydrogel Market is expected to have a highly positive outlook for the next five years 2018-2026 according to a recently released Medical Grade Hydrogel…

Most from this category