San
Francisco, 11 April , Ultracapacitor
Market By Type (<10v, 10v - 25v, 25v - 50v, 50v - 100v, >100v), By
Application (Automotive, Industrial, Energy, Electronics) And Segment Forecasts
To 2024
The global Ultracapacitor Market is expected to reach USD 8,049.1 million by 2024,
according to a new report by Grand View Research, Inc. These capacitors have
the ability to rapidly charge to their maximum capacity and also discharge
quickly up to zero-charge level. It also ensures safety of operation as it
eliminates potential risk of explosion or self-ignition. Ultracapacitors have a
high transient response time of 20 microseconds and are also maintenance free,
which can result in increasing adoption over the coming years.
The inherent characteristics of
ultracapacitors makes it suitable for use in consumer electronics including
audio/video systems and digital cameras owing to low power and energy, and long
life back-up offered by these modules. Further, ultracapacitors also possess
high power and energy density which makes it an ideal match for use in
industrial and automotive applications, which may further escalate growth over
the forecast period
Access Full Research
Report On Ultracapacitor Market Analysis:
Further key findings from the report suggest:
·
The electronics segment
accounted for over 50% of the overall revenue in 2015 and is estimated to
witness considerable growth over the forecast period. This is primarily
attributed to the smartphone proliferation particularly in developing countries
including India, China, and Brazil coupled with increasing demand for smart
glasses, e-books, smart watches, and e-papers worldwide.
·
The energy segment is expected
to grow at a CAGR exceeding 20% over the period of 2016 to 2024. Utilization of
energy storing technology in ultracapacitors delivers a considerable amount of
energy at high power. This makes these modules suitable for supplying high
power in multi-functional devices. In addition, the advances in material
science and electronics sector have enabled new developments in the energy
storage field.
·
The100 volts and above segment
is estimated to grow at a CAGR beyond 30% owing to the ability of these modules
to operate with a temperature range up to 65 degrees Celsius, which makes them
suitable for use in emerging application areas including wind turbine pitch
control, small UPS systems, and small industrial systems.
·
Asia Pacific Ultracapacitor
Market accounted for over 30% of the overall revenue share in 2015, which may
increase over the next eight years. Increased penetration of consumer
electronics is anticipated to drive regional demand over the forecast period.
·
Key players in the industry
include Maxwell Technologies, Inc., Panasonic Corporation, VINA Tech Co. Ltd,
Supreme Power Solutions Co. Ltd, Ioxus, Nippon Chemi-Com Corporation, LS Mtron,
Nesscap Co. Ltd and Yunasko.
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/semiconductors-and-electronics
Grand View Research has segmented the
global Ultracapacitor Market on the basis of power, application and region:
Ultracapacitors Power Type
Outlook (Revenue, USD Million; 2014 - 2024)
·
Less than 10 volts Modules
·
10 volts to 25 volts Modules
·
25 volts to 50 volts Modules
·
50 volts to 100 volts Modules
·
Above 100 volts Modules
Ultracapacitors Application
Outlook (Revenue, USD Million; 2014 - 2024)
·
Automotive
o
Bus
o
Auto
o
Train
o
Others
·
Industrial
o
Cranes
o
Valves
o
Mining
o
Smart Grid
·
Electronics
o
Solid State Disk Drive
o
Non-volatile RAM
o
UPS
·
Energy
o
Wind
o
Solar
o
Energy Harvesting
Ultracapacitors Regional
Outlook (Revenue, USD Million; 2014 - 2024)
·
North America
·
Europe
·
Asia Pacific
·
South America
·
Middle East & Africa
Access Full Press Release of this Report: https://www.grandviewresearch.com/industry-analysis/ultracapacitors-industry
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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