An Incisive, In-depth Analysis on the Supercapacitors Market
This study offers a comprehensive, 360 degree analysis on the Supercapacitors market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Supercapacitors market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Supercapacitors (also known as ultracapacitors), a type of capacitor, are energy storing components which have advanced features in comparison to conventional capacitors (electrolytic and ceramic capacitors), such as high energy density, faster charging and discharging, high power density, etc. A supercapacitor is made of electrodes, covered with a layer of activated carbon for increasing its surface area, and an electrolyte which acts as the separator or the dielectric, when compared to a conventional supercapacitors. Technological advancements have led to the introduction of two more types of supercapacitors, i.e. pseudo-capacitors and hybrid capacitors. Since their inception, due to the mixed features of a Li-ion battery and a supercapacitors, a high demand for hybrid capacitors is being witnessed in the market. Supercapacitors have applications across various industry verticals, especially in electronics, automotive and transportation, and energy and power. In addition to this, continuous research and development is under process for further enhancing the features of the product. Owing to this, graphene-based supercapacitors are also launched in the market, which possess higher charge holding capacity when compared to hybrid capacitors. The market has witnessed considerable traction in the past, and is further expected to witness a boom during the forecast period.
Revenue generated by global supercapacitors market is estimated to exhibit a double digit CAGR and hence, reach US$ 5.5 Bn by 2028. On the basis of type, electrical double layer capacitors (EDLC) segment is estimated to hold the largest share in 2028. However, hybrid-capacitors are expected to exhibit the highest CAGR. On the basis of application, customer electronics segment is estimated to hold approximately 28.4% of market share in 2028.On the basis of vertical, automotive and transportation segment is estimated to exhibit a CAGR of 23.4%, during the forecast period.
Supercapacitors market in China is expected to witness the highest growth in the global market owing to the increasing adoption of supercapacitors in automotive and transportation, and consumer electronics industry, complimented by the expansion of both the industries, in the region.
Some popular vendors contributing towards Supercapacitors are Maxwell Technologies, KEMET Corporation, Eaton, AVX Corporation, CAP-XX, Murata Manufacturing Co., Ltd., Nippon Chemi-Con, Ioxus Inc, Panasonic Corporation, Blue Solutions, YUNASKO, VINATech Co., Ltd., FastCAP, LS Mtron and Tecate Group
In January 2017, Maxwell Technologies signed an agreement with CRRC-SRI for localizing its ultracapacitor manufacturing in China, for the energy bus market. This partnership enabled the company to compete more effectively in the Chinese bus market.
In April 2017, KEMET Corporation acquired NEC TOKIN Corporation, to add two additional manufacturing sites in Thailand and Japan, and a production center in Japan. In addition to this, the company added an additional product in its product portfolio, i.e. electric double layer capacitors (supercapacitors).
In April 2018, CAP-XX launched thin 3V supercapacitors for enhancing the data collection and transmission process, and for replacing the batteries facing issues in delivering the power required for the same.
Future Market Insights (FMI) offers a 10-year forecast for global supercapacitors market between 2018 and 2028. In terms of value, market is expected to register a CAGR of 19.8% during forecast period. This study demonstrates the market dynamics and trends globally across 8 regions North America, Latin America, Western Europe, Eastern Europe, SEA and others in Asia Pacific, Japan, China and MEA which influence the current nature and future status of the supercapacitors market over the forecast period.
This research report provides detailed analysis of supercapacitors market and offers insights on the various factors driving popularity of supercapacitors and its features. The report includes an extensive analysis of key industry drivers, restraints, market trends and market structure. The market study provides comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The report segregates the market based on type, application, and vertical across different regions globally.
The supercapacitors market is anticipated to witness moderate revenue growth during the forecast period, owing to the increasing adoption of electric and hybrid vehicles, implementation of graphene based supercapacitors, and the enhanced features associated with it, when compared with other capacitors.
The report starts with an overview of the supercapacitors market in terms of value. In addition, this section includes analysis of key trends, drivers and restraints from the supply, demand and economy side, which are influencing the supercapacitors market.
On the basis of type, the market is segmented into electrical double layer capacitors, pseudo-capacitors, and hybrid capacitors.
On the basis of application, the market is segmented into consumer electronic devices, automobiles, grid stabilization, trains, locomotive systems (cranes and elevators), aircraft, and others.
On the basis of vertical the market is segmented into automotive and transportation, industrial, electronics, energy and power, military and defense, aerospace and aviation, and others.
A detailed analysis has been provided for every segment in terms of market size analysis for supercapacitors market across the different regions. The section provides a detailed analysis covering key trends.
The next section highlights detailed analysis of supercapacitors market across various countries in the region. It provides a market outlook for 2018–2028 and sets the forecast within the context of supercapacitors market, including latest technological developments as well as offerings in the market. This study discusses key trends within countries contributing to growth of the market, as well as analyses degree at which drivers are influencing this market in each region. Key regions and countries assessed in this report include North America (U.S., Canada), Latin America (Brazil, Mexico and Rest of Latin America), Western Europe (Germany , France, UK, Italy, Spain, Benelux, and Rest of Western Europe), Eastern Europe (Russia, Poland and Rest of Eastern Europe), SEA and others in Asia Pacific (India, Australia & New Zealand, ASEAN, and Rest of APAC), Japan, China and MEA (GCC Countries, Turkey, South Africa, North Africa and Rest of MEA). This report evaluate the present scenario and the growth prospects of the supercapacitors market across various regions globally for the period 2018 –2028. We have considered 2017 as the base year and provide data for the trailing 12 months.
In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the supercapacitors market will grow in the future. Given the characteristics of the market, we triangulated the outcome of different types of analyses, based on the technology trends.
As previously highlighted, the global supercapacitors market is split into a number of segments. All segments in terms of type, application, vertical and different regions are analysed in terms of basis point to understand individual segment’s relative contributions to market growth. This detailed level of information is important for identification of various key trends of the global supercapacitors market.
Also, another key feature of this report is the analysis of all key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global supercapacitors market.
In the final section of the report, we include a competitive landscape to provide clients with a dashboard view, based on categories of provider in the value chain, presence in supercapacitors portfolio and key differentiators. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the supercapacitors supply chain and the potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on in-depth assessment of capabilities and success in the marketplace. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the supercapacitors market space. Key competitors covered are include Maxwell Technologies, KEMET Corporation, Eaton, AVX Corporation, CAP-XX, Murata Manufacturing Co., Ltd., Nippon Chemi-Con, Ioxus Inc, Panasonic Corporation, Blue Solutions, YUNASKO, VINATech Co., Ltd., FastCAP, LS Mtron and Tecate Group
Key Segments Covered:
- Electrical Double Layer Capacitors
- Hybrid Capacitors
- Consumer Electronic Devices
- Grid Stabilization
- Locomotive Systems (Cranes and Elevators)
- Automotive and Transportation
- Energy and Power
- Military and Defense
- Aerospace and Aviation
Key Regions covered:
- Rest of Latin America
- Rest of Western Europe
- Rest of Eastern Europe
SEA and other of APAC
- Australia & New Zealand
- Rest of APAC
- GCC Countries
- South Africa
- North Africa
- Rest of MEA
- Maxwell Technologies
- KEMET Corporation
- AVX Corporation
- Murata Manufacturing Co., Ltd.
- Nippon Chemi-Con
- Ioxus Inc
- Panasonic Corporation
- Blue Solutions
- VINATech Co., Ltd.
- LS Mtron
- Tecate Group
Supercapacitors Market Reports - Table of Contents
19. Assumptions and Acronyms
20. Research Methodology