Global Supercapacitor Market Expected to Grow at a CAGR of 15.24% During 2018 - 2026

The global supercapacitors market is expected to reach US$ 5.979.67 Mn by 2026. The market is projected to expand at a CAGR of 15.24% during the forecast period from 2018 to 2026.

 

Albany, NY -- (SBWIRE) -- 11/28/2018 -- Owing to certain advantages such as fast charging capacity, supercapacitors are likely to substitute batteries in the near future. Increased adoption of supercapacitors in automobile industry is likely to pave growth in supercapacitors market. Further, greater adoption of supercapacitors in hybrid electric vehicles is an indicative of exponential growth scope in supercapacitor market. Such vital market highlights have been extracted from Market Research Reports Search Engine's (MRRSE) recent research report titled, 'Supercapacitor Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026'included in its burgeoning online data archive.

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Maxwell Unveils New Supercapacitors for Renewable Energy Grids Applications

Forerunners in supercapacitors market are increasingly banking upon portfolio differentiation with bespoke technology as a winning marketing strategy to survive fierce competition in supercapacitors market, besides relying on strategic alliances, collaborations, and acquisitions. Improved functionality and wider application scope are key features being incorporated by market players in their upcoming series of supercapacitors. A veteran provider of energy storage devices, Maxwell Technologies in its attempt to harbor precedence in supercapacitor market has unrolled two supercapacitor variants that are envisioned to offer robust, sturdy, and safe energy storage in grids and microgrids used in renewable energy applications. The development is anticipated to register new growth heights in supercapacitor market spectrum.

Consumer Electronics Application to Remain Most Lucrative

This report on supercapacitor market sheds light on various micro and macro economic factors that influence growth curve in supercapacitor market. Additionally, the report also elaborates on key market factors and segments prevalent in supercapacitor market and their implication son holistic growth trajectory of supercapacitor market. Based on segments supercapacitor market demonstrates application, product, and type as prominent segments in supercapacitor market. Based on application, supercapacitor market is diversified into automotive, industrial, energy, and consumer electronics. In terms of product supercapacitor market is classified into double layer supercapacitor, pseudocapacitor, and hybrid capacitor. Supercapacitor module, supercapacitor weldable cell, and board mounted supercapacitor are accounted as major supercapacitor types.

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Asia-Pacific to Retain its Dominance in Market Share

Further, as the report progresses, this sectionof the report also lends crucial details on geographical scope of supercapacitor market based on which Europe, North America, South America, Asia-Pacific, and Middle East and Africa are identified as major regional pockets in supercapacitor market.

Competition Matrix: Supercapacitor Market

Thorough research elements articulated in this section of the report allow readers to evaluate the effectiveness of marketing tactics and tools incorporated by leading market players across regions in enticing favorable consumer response such as their purchase preferences and eventual purchase discretion. To aid readers' investment decisions, this section of the report profiles key players in supercapacitor market, complete with an illustrative summary of their recent developments, market contributions, and winning growth strategy. Some of the leading players identified in suppercapacitor market comprise Panasonic Corporation, Maxwell Technologies Inc., Nippon Chemi-Con Corporation, Murata Manufacturing Co., Ltd, Ioxus Inc. and LS Mtron

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