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Ultracapacitor Market Size To Reach $8.04 Billion By 2024: Grand View Research, Inc.SAN FRANCISCO, July 26, 2016 /PRNewswire/ -- The global Ultracapacitor Market is expected to reach $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: http://www.grandviewresearch.com/industry-analysis/ultracapacitors-industry Key Finding
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. Contact: Logo - http://photos.prnewswire.com/prnh/20160524/371361LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ultracapacitor-market-size-to-reach-804-billion-by-2024-grand-view-research-inc-300303900.html SOURCE Grand View Research, Inc. 
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