Supercapacitors Market to Reach $4.2 Billion by 2020

“Supercapacitors Market Analysis – IndustryArc”
Increasing Demand from China from Electric Vehicles and favorable Government initiatives to drive the APAC Super Capacitors Market to $897Million & Global Market to $4.2 Billion by 2020

Super capacitors also known as ultra-capacitors are electronic devices which utilize high surface area electrode and thin electrolytic dielectrics to achieve capacitances compared to conventional capacitors. The major advantages attributed to super capacitors are: power supply stabilization, energy storage, voltage stabilizations and energy regeneration among others. Super capacitors have a wide range of applications including Computer systems, UPS systems, Power conditioners, Welders, Inverters, Automotive regenerative braking systems, power supplies, cameras, power generators, industrial automation products and healthcare products.

Browse 49 Market Tables, 82 Figures spread through 232 Pages and an in-depth TOC on “Supercapacitors Market”:

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The market in 2014 was $710 Million and dominated by North America accounting for more than 40% market revenue share. However, Asia-Pacific is the most encouraging market for super capacitors owing to the increasing demand and production from countries China and Japan. By 2020, Asia-Pacific is estimated to be 52% of the North American market which is only around 39% in 2014. China, among all the countries is the promising market with rising demand for super capacitors in transportation and medical fields. China being the largest energy consumer in the world plays a major role in the global transition to a sustainable energy future.

The number of manufacturers in China has significantly increased over the years due to the aforementioned reasons. Most of the super capacitor manufacturers in China are small scale manufacturers whose annual turnover ranges between $5 Million to $10 Million. Some of them are: Jinzhou Kaimei Power Co. Ltd and Shenzhen Forecon Super Capacitor Technology Ltd. Nesscap Co. Ltd is one of the major players in China. These manufacturers are actively investing in scaling up its position in the market and are able to attract profitable deals.

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Furthermore, in China, the rising penetration of electric and hybrid vehicles in the region and increasing consumer electronics sales increasing the scope for super capacitor manufacturers. Apart from this, the initiatives from Chinese government such as adopting Euro V emission norms to fight against rising air pollution are adding to the growth. The regulations would mandate less pollution causing vehicles, thus increasing penetration of electric, hybrid and alternate powered vehicles in the country. As lithium-ion batteries have a limited range, they can be combined with super capacitors and increase the energy storage and energy regenerative capabilities in the vehicles.

The overall super capacitors market is characterized by large number of companies, but top three companies account for 48% market share due to the wide distribution network, brand reputation. The firms in this market are actively investing in the R&D activities to bring products that will differentiate and position themselves effectively in the market. This is one of the strategies to increase the market share. The new firms that venture into this market will need huge capital for investment in manufacturing, marketing along with offering product or pricing benefits to customers. The market is poised to exhibit new product launches and strategic acquisitions or partnerships as major companies explore for new opportunities.

The Super Capacitors Market Report is a comprehensive study of the market for different types, technologies and applications of super capacitors that are employed across several end use industries. Under the material segment, Electrodes, Pseudo capacitors, and Separators are considered which are further segmented to different types.

The Market is analyzed by the following End User Verticals:

  • Industrial automation products
  • Consumer electronics
  • Power and energy products
  • Medical equipment
  • Automotive
  • Few More…

Following Key Players were also covered as part of the market landscape analysis:

  • Maxwell Technologies
  • Nippon Chemi-Con
  • Panasonic Electronic Devices
  • Nesscap Co Ltd
  • LS Mtron

In the application segment electronics, transportation, energy and power and others are taken into account.

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