Ultracapacitors Market Growth Forecast at 21.5% CAGR to 2026

The global ultracapacitors market generated USD 1,402.8 million in 2017 and is anticipated to grow at a CAGR of 21.5% during the forecast period.

Ultracapacitors are electrical energy storage devices with the ability to store a large amount of electrical charge. Ultracapacitors offer high power density, instant recharging and long lifetimes. They offer several benefits such as wide range of operating temperatures, from -40 °C to 70 °C, improved efficiencies as compared to batteries, low maintenance requirements, and no use of toxic materials among others. Some applications of ultracapacitors include automotive, aerospace, heavy industry, heavy transportation, maritime, and renewables and grid among others.

To Explore More | Get PDF sample report - https://www.polarismarketresearch.com/industry-analysis/ultracapacitors-market/request-for-free-sample

The demand for ultracapacitors has increased over the years owing to increasing industrialization, and rising energy consumption. There has been a significant growth in the demand of ultracapacitors from consumer goods, automotive, healthcare, and agriculture among others, supporting the ultracapacitors market growth. The increasing use of ultracapacitors in electric and hybrid vehicles, and smart meters support the growth of the market. The increasing awareness regarding use of energy efficient energy storage devices, and growing adoption of electric vehicles is expected to support market growth during the forecast period. Rising demand of ultracapacitors from emerging economies, growing use of nanomaterials, increasing concerns regarding fuel efficiency and technological advancements further boost the growth of the ultracapacitors market.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Ultracapacitors Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

Asia-Pacific is expected to grow at the highest rate during the forecast period owing to increasing demand of ultracapacitors from industries such as healthcare, automotive, electronics, and manufacturing. Growing industrialization along with rising environmental concerns has resulted in increasing adoption of efficient ultracapacitors in the region.

Make an Inquiry for purchasing this report @ https://www.polarismarketresearch.com/industry-analysis/ultracapacitors-market/inquire-before-buying

Competitive Landscape and Key Vendors

The global ultracapacitors market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

The operating in the ultracapacitors market include-

Maxwell Technologies, Skeleton Technologies, Nippon Chemi-Con Corporation, CAP-XX, Supreme Power Solutions Co. Ltd, VINATech Co.,Ltd., NEC-TOKIN, LS Mtron, Nesscap, and Ioxus.

Key Segments

Power

  • Less than 50 Volts
  • 50 Volts to 100 Volts
  • Above 100 Volts

End-User

  • Automotive
  • Energy
  • Industrial
  • Consumer Electronics
  • Others

Complete Report with TOC Available @ https://www.polarismarketresearch.com/industry-analysis/ultracapacitors-market/

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

Contact us

Mr. Neel

Corporate Sales, USA

Polaris Market Research

Phone: 1-646-568-9980

Email:  [email protected]

Web: www.polarismarketresearch.com

 

Posted by on Saturday October 13 2018, 8:15 AM EST. All trademarks acknowledged. Filed under Semiconductors, Technology Hardware & Equipment. Comments and Trackbacks closed. Follow responses: RSS 2.0

Comments are closed

News Categories

Featured Press Releases

Latest News

Log in