Supercapacitor Market Study 2019 - World Market to Grow from $498.6 Million in 2018 to $1.29 Billion by 2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 23, 2019--
The “Supercapacitor Market - Forecasts from 2019 to 2024” report has been added to ResearchAndMarkets.com’s offering.
The supercapacitor market is projected to witness a compound annual growth rate of 17.24% to reach US$1,294.905 million by 2024, from US$498.628 million in 2018.
High power pulse, extended battery life, and lower battery cost for consumers are the major driving factors propelling the growth of Supercapacitor Market. Another factor contributing to the growth of this market is the integration of renewable energy with the supercapacitor.
By Industry Vertical
By industry vertical, the automotive segment is expected to grow at a high CAGR. The requirement of meeting environmental and regulatory challenges such as energy conservation and lowering CO2 emissions is driving the demand for supercapacitors in the automotive sector for hybrid automobiles. Product innovation by players is also contributing to the market growth. For instance, Maxwell Technologies offers a line of supercapacitor-based modules that range up to 3000 F.
Asia Pacific (APAC) region accounted for a significant share in 2018. Moreover, it is also expected to grow at a high CAGR over the projected period. The region is home to major tech companies that mainly operate from rapidly developing economies of China, India, and South Korea. Moreover, factors like rapid industrialization and supportive government regulation such as 100% FDI, free trade agreements, Make in India and Make in China will also contribute to the market growth.
The supercapacitor market is highly competitive with the presence of a large number of regional and international players. Moreover, vendors are increasingly investing in research and development in order to enhance their position in the market. New product launches are a key strategy being adopted by key players, along with strategic mergers and acquisitions.
Key Topics Covered
1.1. Market Overview
1.2. Market Definition
1.3. Scope of The Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Buyers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. SUPERCAPACITOR MARKET BY TYPE
5.2. Hybrid Capacitors
5.3. Double Layer Supercapacitors
6. SUPERCAPACITOR MARKET BY INDUSTRY VERTICAL
6.1. Consumer Electronics
6.3. Energy and Power
7. SUPERCAPACITOR MARKET BY GEOGRAPHY
7.2. Europe Middle East and Africa
7.2.3. United Kingdom
7.3. Asia Pacific
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments And Deals
8.3. Strategies Of Key Players
9. COMPANY PROFILES
9.1. Tokin Corporation
9.2. Skeleton Technologies
9.3. Maxwell Technologies, Inc. (acquired by Tesla, Inc.)
9.4. Nippon Chemi-Con Corporation
9.5. Panasonic Corporation
9.8. IOXUS Inc.
9.9. LS Mtron
For more information about this report visit https://www.researchandmarkets.com/r/jwxpsw
View source version on businesswire.com:https://www.businesswire.com/news/home/20191223005543/en/
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INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY
SOURCE: Research and Markets
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PUB: 12/23/2019 03:48 PM/DISC: 12/23/2019 03:48 PM