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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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.