Albany, NY -- (SBWIRE) -- 11/30/2015 -- Ultracapacitors also known as supercapacitors or Electrical double-layer capacitors (EDLC) is expected to see a robust growth in next six years. This is due to its increasing demand across various application sectors such as automotive, wind, electronics, industrial and military. Currently, driven by its several applications in the automotive sector in HEVs and trains, this market is expected to emerge as a supplement and replacement to conventional batteries. The application of ultracapacitors alongside batteries is expected to increase, and ultracapacitors are also expected to emerge as a replacement for batteries in the coming years. Batteries and ultracapacitors can be differentiated primarily on the basis of their functionality. Ultracapacitors are power devices whereas batteries are energy devices.

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This report has been segmented by application and by geography and also includes the drivers, restraints and opportunities (DROs), Porter's five forces analysis and value chain of the ultracapacitors market. The study highlights current market trends and also provides the forecast from 2013 to 2019. We have also covered the current market scenario for ultracapacitors and highlighted its future trends that will impact demand.

By geography, the market has been segmented into North America, Europe, Asia Pacific and RoW. In given regions, major countries such as U.S., UK, China, Japan, and Germany are covered extensively.

The report also analyzes macro economic factors influencing and inhibiting the growth of ultracapacitors market. Porter's five forces analysis offers insights on market competition throughout its value chain. In addition, the market attractiveness analysis provided in the report highlights key investing areas in this industry. The report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.

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Geographically, Asia Pacific held the largest share in the ultracapacitors market in 2012. Australia, Japan, India, China and Singapore are some major economies in Asia Pacific region. Ultracapacitors market in Asia Pacific is driven by robust demand in China and Japan. China is the leading manufacturer of ultracapacitors and strict government regulations related to carbon emissions in vehicles is expected to support the growth of ultracapacitors in this country. Ultracapacitors have been used widely in the hybrid buses of China which is further supporting its growth in Asia Pacific

Maxwell Technologies, Panasonic, Maxwell Technologies (U.S.), Nesscap Co. Ltd. (South Korea), Nippon Chemi-Con Corp. (Japan), Panasonic (Japan), LS Mtron (South Korea), Ioxus (U.S.), VINATech (South Korea) and SPS (China) are the popular players in the ultracapacitors market, where Maxwell Technologies enjoys the maximum revenue share at present.

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