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 fulflled 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.
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acitor-market-1145
Asia Pacifc 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 signifcantly 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.