Lewes, DE -- (SBWIRE) -- 10/20/2017 -- Report forecast the global electric double-layer capacitor (EDLC) market to grow at a CAGR of 9.37% during the period 2017-2021.

Electric double-layer capacitors (EDLCs) are energy storage devices that have higher capacitance than other capacitors or batteries. Compared with batteries, these devices have higher power capacity, longer life cycle, and faster charging options. Instead of conventional dielectrics, EDLCs have two plates that are separated by electrolytes. These plates are layers of the same substrate.

The electrical properties of these plates help to separate the charge effectively, which even highly thin physical layers cannot do. The absence of heavy dielectric materials in EDLCs eases the packaging with a larger surface area resulting in high capacitance. EDLCs can generate capacitance values in farads instead of microfarads and picofarads, which are the measurement units for capacitance.

The report covers the present scenario and the growth prospects of the global electric double-layer capacitor (EDLC) market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of supercapacitors across various applications globally.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, one of the major drivers for this market is Long life cycle. EDLCs are reliable and have a longer life cycle than other capacitors and normal batteries. Matsushita (Panasonic) commercialized double-layer carbon EDLCs in 1972. These EDLCs were field-tested, and it was ensured that they have a continuous long-term operation ability. This acts as an excellent selling point when EDLCs are used to replace the total or partial function of a battery.

Further, the report states that one of the major factors hindering the growth of this market is High initial expense. The high initial cost is the biggest challenge to the large-scale adoption and commercialization of EDLCs. The cost of an EDLC for electric car ranges from $2,400 to $6,000 while batteries for electric cars cost between $500 and $1,000. With the increasing investment in R&D, the price of EDLC is expected to decline in the coming years. Consumers are hesitant to adopt EDLCs as the market has very few suppliers and EDLCs have not been tested in most applications.

Global Electric Double-Layer Capacitor (EDLC) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global electric double-layer capacitor (EDLC) market: Maxwell Technologies, Murata Manufacturing, Nesscap Energy, NEC TOKIN, Nippon Chemi-Con, Panasonic, and Skeleton Technologies

Other Prominent Vendors in the market are: APowerCap Technologies, Axion Power, batScap, Cellergy, CAP-XX, EEStor, Enable IPC, Evans Capacitor, EPCOS, ELNA, IOXUS, LS Mtron, Nichicon, Supreme Power Solutions, Tecate, VINATech, and Yunasko.

Market driver
- Long life cycle
- For a full, detailed list, view our report

Market challenge
- High initial expense
- For a full, detailed list, view our report

Market trend
- Growing adoption of graphene and carbon nanotube EDLCs
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

Spanning over 65 pages "Global Electric Double-layer Capacitor (EDLC) Market 2017 - 2021" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market segmentation by application, Geographical segmentation, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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