North America Supercapacitors Market Expected to Grow at a CAGR of 29.8% During 2018-2028

Revenue generated by global supercapacitors market is estimated to exhibit a double digit CAGR and hence, reach US$ 5.5 Bn by 2028.

 

Albany, NY -- (SBWIRE) -- 10/17/2018 -- Supercapacitors market continues to witness the impacts of trends such as introduction of technologically advanced supercapacitors i.e. hybrid capacitors and pseudo-capacitors and growing demand for hybrid capacitors. Diverse application areas of supercapacitors ranging from electronics and automotive to transportation and energy & power, coupled with growing R&D activities for enhancing features of supercapacitors will continue to underpin the market growth.

Aforementioned insights are according to the report titled "Supercapacitors Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028," added recently to repository of the Market Research Reports Search Engine (MRRSE). The report foresees a spectacular growth at a high double-digit CAGR for the supercapacitors market through 2028.

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The supercapacitors market is expected to witness growing traction of the graphene-based supercapacitors, which feature greater charge-holding capacity compared to the hybrid counterparts. This trend is expected to prevail during the period of forecast, which in turn is expected to drive growth of the supercapacitors market.

High cost associated with supercapacitors, along with lack of resources and awareness in underdeveloped and some developing economies, and growing preference for Li-Ion batteries are key challenges estimated to hinder growth of the supercapacitors market over the period of forecast.

Supercapacitors Market: Scope of the Report

The report offers a ten-year forecast on the supercapacitors market for the period between 2018 and 2028, and the market size has been provided in terms of value (US$ Mn). A scrutinized analysis has been offered on the supercapacitors market, along with information on various factors that significantly affect the current as well as future market prospects.

A detailed study on key stakeholder strategies, and important aspects that would aid the market players in achieving successful business expansions in the supercapacitors market has been included in the report. The report further offers a segmentation-wise analysis on the supercapacitors market, by dividing the market into type, application, vertical and region.

In-depth assessment has been offered on all the market segments along with current and future size of that specific segment and its revenue contribution to the supercapacitor market. A country-level assessment on trends affecting growth of the supercapacitors market has also been delivered in the report.

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Supercapacitors Market: Competition Landscape Assessment

The last section of the report highlights the competitive scenario of the supercapacitors market, wherein a detailed analysis is offered on the competition landscape of the supercapacitors market. This section also includes in-depth profiling of key companies that significantly contribute to growth of the supercapacitors market.

A dashboard view of the players operating in the supercapacitors market has been offered in the report, on the basis of key categories such as significance in the supercapacitors portfolio, key differentiators, and provider strength in the value chain. The section on the competitive landscape mainly focuses on the provision of detailed competitive assessment and segment-specific vendor insights for readers to identify and contemplate their strategies for business expansion.

The report has profiled key players who significantly underpin growth of the supercapacitors market, which include Tecate Group, LS Mtron, FastCAP, VINATech Co., Ltd., YUNASKO, Blue Solutions, Panasonic Corporation, Ioxus Inc, Nippon Chemi-Con, and Murata Manufacturing Co., Ltd.

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