Zion Market Research Supercapacitor Market, 2016–2024 | Page 2

Supercapacitor Market
Global Supercapacitor Market: Overview
A supercapacitor is nothing but a high capacity of electrochemical capacitor that has a much higher value of capacitance as compared to other capacitors. It is sometimes also called as electric double layer capacitor. It bridges the gap between the rechargeable batteries and electrolytic capacitors. When compared with normal capacitors, supercapacitor store more energy per unit of mass or volume. They can deliver and accept a charge faster than batteries as well. They can tolerate more discharge and charge cycles than traditional batteries.
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Global Supercapacitor Market: Growth Factors
For the past few years, the rising demand for the supercapacitors has been driving the global supercapacitor market. Increased demand by the utility sector and consumer electronics are one of the factors boosting the global market. Extraordinary features of the supercapacitors to provide backup power to equipment such as SRAM, RAM, PC cards, and micro-controllers is driving the global supercapacitor market. In addition to this, increase the demand for stabilized power supply to devices such as computers, laptops, portable media players, GPS, and handheld devices is powering the growth of the global market.