About Super Capacitors
A supercapacitor is a high-storage capacitor which stores energy in the form of the electric field, with higher capacitance values and holds a less energy density compared to traditional capacitors and batteries. Growing research and development for advancement in the material used in the production of supercapacitor driving the market. For instance, in a paper published by the journal Advanced Science, a team of researchers from the University of Glasgow discusses how they use graphene and polyurethane to produce flexible supercapacitor to can generate power from the sun and store additional energy for future use. Further increasing application of supercapacitors in consumer electronics such as GPS, laptop computers, hand-held devices, portable media players, and others also driving the demand for supercapacitors.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 19.18% |
Super Capacitors is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that Japan Manufacturers will contribute the maximum growth to Global Super Capacitors market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cap-XX Limited (Australia), Panasonic Corporation (Japan), Nesscap Energy Inc. (Canada), Murata Manufacturing Co., Ltd. (Japan), Maxwell Technologies, Inc. (United States), Axion Power International, Inc. (United States), AVX Corporation (United States), Graphene Laboratories, Inc. (United States), Nippon Chemi-Con Corporation (Japan), Mouser Electronics, Inc. (United States), Evans Capacitor Company (United States) and SPEL Technologies Private Limited (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are NEC TOKIN Corporation (Japan), Elna Co. Ltd (Japan), Seiko Instruments Inc. (Japan) and KORCHIP Corporation (South Korea).
Segmentation Overview
AMA Research has segmented the market of Global Super Capacitors market by Type (Double-Layer Capacitor, Pseudo Capacitors and Hybrid Capacitors [Composite Hybrids, Asymmetric Hybrids, Battery-Type Hybrids]), Application (Audio Systems, Laptops, Cameras, Video Cameras, Flash Cameras, Solar Watches, Smoke Detectors, Power Backup Systems and Others) and Region.
On the basis of geography, the market of Super Capacitors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by By Industry Vertical , the sub-segment i.e. Consumer Electronics will boost the Super Capacitors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Activated Carbon (Ac) will boost the Super Capacitors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Application of Super Capacitor in Wind, Solar and Electric Grid Sector and Increasing Use Of Double Layer Super Capacitor in Automotive and Consumer Electronics Sector
Market Growth Drivers:
Increasing Demand for High-Performance Super Capacitor from Automobile Industry and Rising Use of Super Capacitor in Renewable Energy Systems and Hybrid Electric Vehicles
Challenges:
Focus On Cost Reduction through Product Innovation and Well Established Market of Traditional Capacitors and Batteries
Restraints:
High Cost Associated With Super Capacitor
Opportunities:
Emphasizing On Stabilized Power Supply System for Consumer Electronics and Technological Advancement in the Storage Technology
Market Leaders and their expansionary development strategies
In June 2022, CAP-XX acquired CAP-XX licensee Murata’s supercapacitor production lines, relocate them from Japan to a new factory in Sydney to arrive in stages between March and June 2020.
In October 2022, Eaton Corporation and The Lubrizol Corporation formed a collaborative partnership aimed at expediting the advancement of dependable and environmentally friendly turnkey immersion cooling solutions. These solutions are specifically designed for applications such as data centers, artificial intelligence (AI), and edge computing, both presently and in the coming years. Through this collaboration, Eaton and The Lubrizol Corporation seek to drive innovation and meet the evolving needs of the industry with sustainable and efficient cooling technologies.
Key Target Audience
Supercapacitor Manufacturers, Supercapacitor Panel Technicians and Technologists, Research Organizations and Consulting Companies, Associations, Forums, and Alliances Related To Supercapacitor, Raw Material Suppliers of Traders, Distributors, and Suppliers of Supercapacitor, Government and Regional Agencies and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.