Description :
Supercapacitor is an electronic device with higher capacitance compared to normal capacitors . Features such as high capacitance density , lower cost per farad , wide operating temperature , reliability , and safe operation make supercapacitors imperative for an energyefficient environment .
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Increase in usage of supercapacitor in automobiles & energy sector , decline in cost of supercapacitors , and longer life span are the factors that fuel the market growth . Rise in demand for electric / hybrid electric vehicles due to stringent government regulations regarding emissions is projected to foster the growth of the supercapacitors market . However , lack of awareness about appropriate implementation of supercapacitors across various application segments significantly hinders the market growth .
Presently in 2016 , automotive segment shows high rate of adoption of supercapacitors due to increase in demand for electric / hybrid electric vehicle . Energy harvesting and mining are other segments that present progressive growth of the overall supercapacitor market .
The report segments the global supercapacitor market on the basis of module type , application , and geography . Based on module type , the market is categorized into less than 10 volts module to above 100 volts module . Among all material types , 10 – 25 volts module segment generated the highest revenue , accounting for $ 349million in 2015 . However , above 100 volts module segment is expected to attain market size of $ 1,010 million by 2022 , growing at a CAGR of 33.3 % from 2016 to 2022 .
On the basis of application , the market is classified into electronics , automotive , industrial , and energy . Automotive segment shows high growth rate , registering CAGR of 34.6 % during the study period . However , electronics generated the highest revenue , accounting for $ 543 million in 2015 .
Geographically , the market is analyzed across North America , Europe , Asia-Pacific , and LAMEA . Asia-Pacific generated the highest revenue , accounting for $ 402 million in 2015 , and is expected to attain a market value of $ 2,323 million by 2022 , growing at a CAGR of 29.01 %. North America and Europe are the second and third leading regional markets , respectively , for supercapacitors .
Some of the major players that operate in the global supercapacitors market are Maxwell Technologies , Nippon Chemi-Con Corp ., Panasonic Corporation , Ioxus Inc ., LS Mtron , Nesscap Co ., Ltd , NEC TOKIN Corporation , Elna Co . Ltd , Seiko Instruments Inc ., and KORCHIP Corporation .
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