According to IndustryARC, The [b]supercapacitor market is estimated to register a CAGR of around 35.4% for the period 2015-2020[/b] and is projected to [b]reach around $4.2 billion by 2020[/b]. Consumer electronics and automotive segment will be the highest revenue generating segments during this period. [b]Americas was a leading region[/b] for supercapacitors in 2014 with [b]43% market revenue[/b] followed by Europe with 26% market revenue.
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[b]Market Drivers[/b]:
• [b]Supercapacitors[/b] are being used to protect [b]electric Vehicle Batteries, Enhance Vehicle[/b] Performance and to harvest the energy generated from braking.
• Consumer Electronics Industry is another important avenue which shall drive the [b]Supercapacitors Market[/b] in the forecast period.
• [b]Supercapacitors Market[/b] is noted to be primarily driven by the Transportation Industry.
• Because of an increase in renewable energy, Electric Vehicles have become very popular and the growing demand for these is surely set to drive the overall market hugely.
• The potential regions to invest in are China, Japan and North America owing to the increasing Transportation Market.
[b]Key Market Insights[/b]:
• The growing demand for electric vehicles and trams is set to increase the Supercapacitors shipments significantly
• [b]Consumer electronics and automotive segment[/b] will be the highest revenue generating segments during this period.
• [b]Chinese firms are forecast to account for a majority share[/b] of the market by 2020, due to high demand in Asian markets coupled with production, distribution efficiencies of the companies.
• Healthcare is in the forefront in adoption of super capacitors and is estimated to grow at highest annual growth rate until 2020.
• [b]Americas was a leading region for supercapacitors in 2014 with 43% market[/b] revenue followed by Europe with 26% market revenue.
• Electric Vehicles, whose shipments are estimated to reach 6.3 million units by 2022, is a huge opportunity for the super capacitor manufacturers.
• By 2020, Chinese firms are forecast to account for a majority share of the total [b]Supercapacitors Market[/b], due to the high demand in Asian markets coupled with production, distribution efficiencies of the companies.
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[b]Market Segmentation[/b]
[b]The Supercapacitors Market[/b] is precisely segmented into 5 types by IndustryARC based on various factors like:
• [b]By Material[/b]: Electrodes, Separators, Electrolyte Double Layer Capacitor (EDLC), Pseudo Capacitor, Hybrid Capacitor and Others
• [b]By End-Product[/b]: Industrial Automation Products, Consumer Electronics Products, Power & Energy Products and Transportation Products
• [b]By Technology[/b]: Organic Electrolyte Super Capacitor, Aqueous Electrolyte Super Capacitor
• [b]By Application[/b]: Electronics, Transportation, Energy and Power and Others
• [b]By Region[/b]: North America, Europe, Asia-Pacific and ROW
[b]Key Players[/b]:
[b]Supercapacitors Market’s Share[/b] of the manufacturers are concentrated to a few big manufacturers as the top three players together constituted for 48% of the market share in 2014. This report by IndustryARC provides a complete list of Key Players with their Product Portfolios, Financials and Developments. Some companies mentioned are:
• Panasonic Corporation
• Tecate Group
• Vinatech Co. Ltd.
• Maxwell Technologies, Inc.
• Bombardier Inc
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[b]About IndustryARC[/b]:
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
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