Tuesday, February 18, 2020

Ultracapacitor Market Analysis and Comparison by end-user To 2024


19th February 2020 – The Ultracapacitors Market report provides in-depth analysis and insights into developments impacting businesses and enterprises on global and regional level. The study covers the global Ultracapacitors Market presentation regarding revenue contribution from multiple segments and covers a comprehensive analysis of key market trends, drivers, restraints, and opportunities influencing revenue growth of the industry. This research report studies the market size, industry status and forecast, competition landscape and growth opportunities.

The global Ultracapacitors Market is expected to value at USD 8.049 billion by 2024. The ultracapacitor industry is subject to witness a substantial growth due to its capability to rapidly charge and discharge quickly up to zero charge level. Ultracapacitor offers safety of operation by eliminating potential risk of explosion or self-ignition.


Ultracapacitors offer advantages such as higher transient response time and minimum maintenance. These factors are expected to fuel market demand of ultra-capacitors over the forecast period. Globally, the ultracapacitor market is predicted to grow at CAGR of 25.0% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

Increasing demand for the ultra-capacitors market from wearable and wireless devices is anticipated to stimulate market growth over the coming years. Increasing adoption of ultra-capacitors for production of portable devices, which requires ingenious features and compact space, are expected to favor market growth as well.

Shifting trend toward enhanced power supply solutions is propelling market demand for devices with extended shelf life as compared to batteries. Replacement of pulse batteries with ultra-capacitors owing to its extended shelf life is predicted to boost market growth as well.

Other factors such as longer battery lifetime, efficient wear & tear protection, and resistance from chemical reactions are driving market progress in the last few years. However, higher initial cost and minimum availability are expected to hamper industry growth to a certain extent. Yet, introduction of compact and inexpensive super-capacitors with higher performance capability and enhanced conductivity are estimated to play major role in the future market growth. Ultracapacitor constitutes high surface area, and superior physical & chemical stability.

The ultracapacitors industry is broadly categorized into four major segments based on the application type such as industrial application, electronic sector, automotive sector, and power & energy sector. The automotive sector is considered as one of the fastest growing segment in the ultracapacitors market with substantial revenue generation in the last few years. Growing popularity of ultracapacitor industry in the automotive segment is attributed to the increasing demand from electric and hybrid electric vehicles. The electronic segment has also witnessed substantial growth owing to the compact and easily available back-up energy source for the solid-state disk drives.

Some of the major objectives of this report:
·         To present detailed analysis of the market structure along with forecast of the various segments and sub-segments of global Ultracapacitors Market.
·         To provide insights about factors affecting the market growth. To analyze the Ultracapacitors Market based on various factors- price analysis, supply chain analysis, porter five force analysis etc.
·         To provide historical and forecast revenue of the Ultracapacitors Market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.
·         To provide country level analysis of the market for segment by application, product type and sub-segments.
·         Trace and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product evolutions, and research and developments in the Market.
·         To present strategic profiling of key players in the market, comprehensively analyzing their basic capabilities.

Some of the Major Market Players Are:
Panasonic Co., Supreme Power Solutions Co., Ltd., VINA Tech Co., Ltd., Maxwell Technologies, Inc., Nippon Chemi-Com Co., LS Mtron, Nesscap Co., Ltd., Ioxus, Inc., Cap-XX Co., NEC-Tokin, Inc., and Yunasko, Inc.

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