Market Scenario:
Super capacitors, also known as ultra-capacitors, available in different types as electrochemical double layer capacitors, electric double-layer capacitors and pseudo capacitors, do not have a conventional dielectric. They instead have plates that are filled with two layers of an identical substance, which allows for separating the charge. Without the need for a dielectric, the plates of a super capacitor is packed with a larger surface area which results in high capacitance. A super capacitor contains a positive cathode which uses activated carbon material. Charges are stored in an electric double layer. Development of the layer happens at the interface between the electrolyte and the carbon. The super capacitor consists of different materials such as electrodes, activated carbon, activated carbon fibres, carbon aerogel, carbide-derived carbon, graphene, metal oxides and others.
The study indicates that by the introduction of hybrid electric vehicles (HEV), smart grids, and renewable energy systems the demand for super capacitors has increased and thus resulted as driving factors for the super capacitor market share. The super capacitor has advanced features which provides backups to low power equipments such as micro controllers, RAM, SRAM at the time of power cut off. Apart from it, laptop computers, portable media players, hand-held device, GPS and others have a requirement of stabilized power supply which can be easily satisfied by using super capacitors resulting to be the key driving factor for the growth of super capacitor market.
The Global Super capacitor Market is expected to grow at USD ~4 Billion by 2022, at ~22% of CAGR between 2016 and 2022.
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Super capacitor Market Segmentation
The super capacitor market share has been segmented on the basis of on the basis of type, material, application, end-user and region. Looking through the type segment it’s been observed that double layer super capacitor would dominate the super capacitor market with the largest market share. The super capacitor market is dominated by consumer electronics sector. However the automotive sector is expected to be the fastest growing sector in the super capacitor market by the forecast period.
Recently, it has been observed that many new development and research is still going on in the field of super capacitors to increase the capability. As per a recent news, the researchers in Australia have developed a new type of electrode that radically increases the energy storage capacity of super capacitors and could lead to flexible, thin film self-contained solar capture and storage devices.
The prominent players in the super capacitor market are- Panasonic Corporation (Japan), Ioxus (U.S.), CAP-XX (Australia), Angstron Materials (U.S.), Maxwell Technologies, Inc. (U.S.), LS Ultracapacitor (South Korea), Graphenex (UK), Vina Technology (South Korea), Nesscap Energy Inc. (Canada) among others.
Global Super Capacitor Market – Geographical Analysis
The Asia Pacific region dominates the global super capacitor market. The largest market share attributes to the strong presence of major supercapacitor manufacturers and electronic devices manufacturing companies in the region. Besides, the spurring rise in the region's consumer electronics and automotive industries substantiates the market growth. China, Japan, and India are major markets for supercapacitors, driving the regional market growth.
North America stands second in the global super capacitor market. The region is a hub for advanced technologies and witnesses the early adoption of innovative technologies. Therefore, the region demonstrates the huge potential for revenue generation, particularly from the automotive and consumer electronics industry verticals. The presence of well-established technology development infrastructure supports market progress.
The European super capacitor market is emerging as a profitable market globally. The market growth is driven by the burgeoning electronics industries, growing R&D activities, and strict regulation for environment-friendly technologies.
With the vast presence of notable electronics manufacturers and rising demand for digital technologies, the UK and Germany significantly contribute to regional market growth. The market is estimated to grow at a considerable CAGR during the assessment period, witnessing a colossal consumption of supercapacitors across the electronics industries in the region.
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Intended Audience
- System Integrators
- Super capacitor Panel Technicians and Technologist
- Network equipment vendors
- OEMs
- Super capacitor vendors
- Network infrastructure integrators
- Government Organizations
- Research/Consultancy firms
Key Players
The prominent players in the Super capacitor Market are – Panasonic Corporation (Japan), Ioxus (U.S.), CAP-XX (Australia), Angstron Materials (U.S.), Maxwell Technologies, Inc. (U.S.), LS Ultracapacitor (South Korea), Graphenex (UK), Vina Technology (South Korea), Nesscap Energy Inc. (Canada), Murata Manufacturing Co., Ltd. (Japan) among others.
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