ALBANY, New York, September 10, 2018 /PRNewswire/ --
The supercapacitor market is projected to register compound annual growth rate (CAGR) of over 15.24% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled "Supercapacitor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026." Go green revolution adopted across the globe is one of the primary factors responsible for the robust growth of the supercapacitor market globally. Moreover, rising cost of fossil fuels and excessive carbon emissions are also expected to pave the way for alternative means of power supply across different application segments especially in automobiles and consumer electronics segments. Initiatives taken by different governments to reduce CO2 emission and to encourage sustainable consumption are predicted to drive the supercapacitor market in the coming years. In addition, inclination of different enterprises toward producing and storing energy from renewable sources owing to extensive depletion of natural resources is also anticipated to trigger the demand for supercapacitors globally.
Request a Brochure for Research Insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=8359
The global supercapacitor market is segmented on the basis of application, product, type, and geography. By application, the supercapacitor market has been bifurcated into automotive and transportation, industrial, energy, consumer electronics, and others. The others segment includes application of supercapacitors in aerospace, military, and sensor technologies. On the basis of product, the supercapacitor market is segmented into double layer supercapacitor, pseudocapacitor, and hybrid capacitor. Based on type, the market can be classified into supercapacitor module, supercapacitor weldable cells, and board mounted supercapacitor. Geographically, the supercapacitor market can be segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America.
Get a PDF Sample at https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8359
Consumer electronics industry expected to hold a prominent share during the forecast period
The consumer electronics industry is anticipated to hold the highest share for the year 2018. The significant adoption of double layer supercapacitors in the consumer electronics industry owing to comparatively lower power and energy needs is anticipated to be one of the major factors affecting the consumer electronics industry for the supercapacitor market. Furthermore, prominent adoption of supercapacitors in the consumer electronics industry in Asia Pacific is likely to boost the growth of the consumer electronics industry. Board mounted cells have a higher deployment in consumer electronics. Board mounted supercapacitor segment is set to have the highest share of the market during the forecast period 2018-2026.
Download Report TOC for in-depth analysis at https://www.transparencymarketresearch.com/report-toc/8359
Hybrid capacitors are projected to expand at the highest CAGR during the forecast period
Among the different product categories of supercapacitors, the double layer segment held the largest market share in 2016. Surge in demand for technologically advanced consumer electronics having high power density is expected to drive the market of double layer supercapacitors significantly. However, the hybrid capacitor segment is predicted to witness the fastest growth rate from 2018 to 2026. The adaptability of hybrid capacitors under extreme conditions and significant power and energy controlling capabilities are some of the major factors boosting growth of the segment.
Browse Research Release at https://www.transparencymarketresearch.com/pressrelease/supercapacitor-market.htm
North America holding a prominent market share
By geography, North America held the largest share in the supercapacitor market in 2016. The supercapacitor market in North America is a mature market due to its higher penetration level. Europe occupied the second largest share in the global supercapacitor market. Initiatives taken by the European Commission in 2014 to achieve CO2 emission target of 95g/km by 2020 is responsible for the robust growth of the supercapacitor market in Europe.
The key players operating in the global supercapacitor market are Maxwell Technologies Inc. (U.S.), Panasonic Electronic Devices Co. Ltd. (Japan), Cap-XX (Australia), and Nippon Chemi-Con Corporation (Japan) among others.
Request for Discount on this Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=8359
Global Supercapacitor Market can be segmented as follows:
Global Supercapacitor Market, by Application
- Consumer Electronics
Global Supercapacitor Market, by Product
- Double layer supercapacitor
- Hybrid Capacitor
Global Supercapacitor Market, by Type
- Supercapacitor Module
- Supercapacitor Weldable Cell
- Board Mounted Supercapacitor
Global Supercapacitor Market, by Geography
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of MEA
- South America
- Rest of South America
Popular Research Reports by TMR:
- Power Management Integrated Circuit (PMIC) Market (Product - Voltage Regulators, Motor Control IC, Integrated ASSP Power Management IC, Battery Management IC, Microprocessor Supervisory IC; End use - Automotive, Consumer Electronics, Industry, Telecom and Networking) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026: https://www.transparencymarketresearch.com/power-management-ics-market.html
- Grow Light Market (Technology - LED, Fluorescent, and High Intensity Discharge (HID; Application - Indoor Farming, Vertical Farming, Greenhouse, Research, and Turf) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025: https://www.transparencymarketresearch.com/grow-light-market.html
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Mr. Rohit Bhisey
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
Research Blog: http://www.techyounme.com/
SOURCE Transparency Market Research