Research
Nester published a report titled “Supercapacitor
Market: Global Demand Analysis &
Opportunity Outlook 2029” which
delivers detailed overview of the global
supercapacitor market in terms of market segmentation by type, components,
material, application, and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth
indicators, restraints, supply and demand risk, along with detailed discussion
on current and future market trends that are associated with the growth of the
market.
The global
supercapacitor market is anticipated to witness a significant CAGR
during the forecast period, i.e., 2021-2029. The market is segmented on the
basis of application into industrial, electric vehicles, consumer electronics,
aerospace, and others, out of which, the electric vehicles segment is
anticipated to witness the highest growth by the end of 2029. This growth can
be attributed to the rising investment in manufacturing electric vehicles by
major car manufacturers around the world, which is estimated to boost the
manufacturing of electric cars, which, in turn, is expected to boost the market
growth. Moreover, increasing sale of EVs is projected to boost the market
growth. In 2019, there were more than 4.5 million EVs being used on a global
level. The market is segmented based on material into porous carbon, double
layer hydroxides, carbon aerogel, and others, out of which, the porous carbon
segment is forecasted to hold a major share in the market, over the forecast
period, owing to the favorable chemical properties of porous carbon, such as,
chemical stability, huge surface area, excellent electronic conductivity, and
lower cost.
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The
global supercapacitor market is estimated to grow on the back of increasing
demand for supercapacitors in the manufacturing of consumer electronics and
electric vehicles. Features of supercapacitors, such as, high power density,
fast charging and discharging, poor self-discharging and low cost, are
estimated to significantly boost the market growth.
Regionally
the global supercapacitor market
is segmented into five major regions including North America, Europe, Asia
Pacific, Latin America, and the Middle East & Africa region. The market in
North America region is anticipated to witness the largest share over the
forecast period owing to the growing automotive industry in the region, coupled
with increasing demand for electric vehicles, including, electric cars, buses
and others. Moreover, constant innovation in technology and the growing demand
for better energy storage solutions amongst the manufacturers of consumer
electronics, is estimated to boost the market growth in the region. The market
in the Asia Pacific is projected to experience growth at a notable CAGR during
the forecast period on the back of rising technological development in
countries, such as, China, and Japan. These highly populated nations are becoming
the hub for electronics industry backed by advancement in technology, cheap
labor, and convenient government regulations. This, as a result, is foreseen to
boost the market growth in the region.
Growth of the Automotive Industry to Augment
the Market Growth
The growing demand for supercapacitors in the
automotive industry, especially for the manufacturing of electric vehicles, is
estimated to boost the market growth. Moreover, supercapacitors are being
adopted in hybrid vehicles instead of batteries, as supercapacitors store
energy in static state rather than chemical form, which is foreseen to promote
the market growth.
“The
Final Report will cover the impact analysis of COVID-19 on this industry.”
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However, the global supercapacitor market
faces competition from the existing battery market, especially for application
in electronic gadgets and devices, which is likely to act as a restrain for the
market growth. Furthermore, lack of awareness regarding the beneficial features
of these supercapacitors is estimated to hamper the market growth.
This
report also provides the existing competitive scenario of some of the key
players of the global supercapacitor market which includes company profiling of
AVX
Corporation (KYOCERA Corporation) (TYO: 6971), CAP-XX (Australia) Pty Ltd, Mouser
Electronics, Inc., Admat Inc., ELNA Co., Ltd, Eaton Corporation plc (NYSE: ETN),
Maxwell Technologies, Inc. (Tesla, Inc.) (NASDAQ: TSLA), Panasonic Corporation
(TYO: 6752), High Energy Corp. and F.W. Webb Company. The profiling enfolds key
information of the companies which encompasses business overview, products and
services, key financials and recent news and developments. On the whole, the
report depicts detailed overview of the global supercapacitor market that will
help industry consultants, equipment manufacturers, existing players searching
for expansion opportunities, new players searching possibilities and other
stakeholders to align their market centric strategies according to the ongoing
and expected trends in the future.
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Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision in order to avoid future uncertainties.
Contact for more
Info:
AJ Daniel
Email: info@researchnester.com
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919
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