Faster Adoption of Supercapacitors in Automotive Sector to Drive the Global Market to Reach $7.3 Billion by 2026 – Market Research Report (2019-2026) by Industry Experts, Inc.
Tuesday 19 May 2020
Industry Experts, Inc. released the global market research report on Supercapacitors. The new report "Global Supercapacitors Market – Products, Modules and Applications" reveals that the Asia-Pacific forms the largest worldwide market for Supercapacitors in 2019, which is also poised to post the fastest 2019-2026 CAGR of 17.8%.
The global market for supercapacitors is the largest, as also the fastest growing, in Asia-Pacific. However, the adverse impact upon every industry caused by the Covid-19 outbreak in China in December 2019 has left its mark on the demand for supercapacitors also. While before the incidence of this pandemic the market for supercapacitors presented a rosy picture, with high double-digit growth rates in the range of 25%-35%, these trends would now be difficult to sustain. Countries across the globe are facing challenging medium-term futures and recovery could take anywhere from one to three years, again based on what the trajectory of a particular region’s economy was before this devastating outbreak.
Western Europe and the United States seem to have been more badly affected than Asian regions, though it is still early days as far as any abatement of the contagion is expected. However, many countries have now started opening up their industrial activity in a bid to revive sagging markets and hopefully others, too, would join in and make this a concerted effort.
The Automotive & Transportation sector is expected to be the fastest growing market for Supercapacitors, the global demand for which is anticipated to compound annually at 16.6% during 2019-2026 in reaching a projected US$2.7 billion by 2026. The overall global market for Supercapacitors is expected to exceed US$3 billion in 2020.
The Supercapacitor product types market analyzed in this report includes Electrochemical Double-Layer Capacitors (EDLCs), Hybrid Capacitors and Pseudo Capacitors. The report examines the market for Supercapacitors
by module type comprising Below 10 Volts, 10-25 Volts, 25-50 Volts, 50-100 Volts and Above 100 Volts. The study also explores the Heat Exchangers market by vertical sector including Aerospace, Military & Defense, Automotive & Transportation, Consumer Electronics, Energy, Industrial and Others.
The report reviews, analyses and projects the Supercapacitors market for global and the regional markets including the North America, Europe, Asia-Pacific, South America and Rest of World for the period 2017-2026 in terms of value in USD. These regional markets further analyzed for 15 independent countries across North America – the United States, Canada and Mexico; Europe – France, Germany, Italy, Russia, Spain and the United Kingdom; Asia-Pacific – China, India, Japan and South Korea; South America – Argentina and Brazil.
This global market report on Supercapacitors includes 209 charts (includes a data table and graphical representation for each table), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 15 key global players and 35 major players across North America – 9; Europe – 3; and Asia-Pacific – 23. The report also provides the listing of the companies engaged in the research and development, manufacturing and supply of Supercapacitors. The global list of companies covers addresses, contact numbers and the website addresses of 101 companies.
California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.
For more details, please visit: https://industry-experts.com/verticals/energy-and-utilities/supercapacitors-market