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Supercapacitor Market by Application, by Product and by Type - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2023LONDON, Sept. 29, 2016 /PRNewswire/ -- The global supercapacitor market is expected to experience stable growth during the forecast period of 2015 to 2023. Supercapacitor, also known as ultracapacitor, is an electrical component having greater capacitance and power density than conventional capacitors. Currently, supercapacitor are increasingly adopted across various applications such as automotive, elevators, cranes and consumer electronics among others that require frequent energy charge and discharge cycle rather than long term energy storage. For the purpose of our research, the global supercapacitor market is segmented on the basis of application, product, type and geography. By application the various category of supercapacitor market includes automotive and transportation, industrial, energy, consumer electronics and others. The other segment includes application of supercapacitor in aerospace, military and sensors technologies. Based on products, the global supercapacitor market is segmented into double layer supercapacitor, pseudocapacitors and hybrid capacitors. By type, supercapacitor market is segmented into supercapacitor module, weldable cells and board mounted supercapacitor. Moreover, the report also provides cross sectional analysis of all the above segments across different countries within North America, Asia Pacific, Europe and Rest of the World. This report provides the future predictive market growth of the global supercapacitor market from 2015 to 2023 along with current market analysis. Detailed study of the global supercapacitor market across different countries with respect to product, type and application segment is also highlighted in this report. In addition, the various micro economic and macro-economic factors that are anticipated to affect the growth of global supercapacitor market is also provided in this report. In 2014, among the different product categories of supercapacitor, the double layer supercapacitor occupied the largest market share and accounted for 42.8% market share. However, the hybrid capacitors segment is anticipated to witness the fastest growing segment. Rapid growth of the Hybrid Electric Vehicle (HEV) market globally, in order to reduce carbon emission is one of the major factors responsible for the exponential growth of hybrid supercapacitor in the coming years. The market of hybrid supercapacitor is forecast to witness the fastest growth with a CAGR of 23.5% during the forecast period. Among the different types of supercapacitor, the board mounted supercapacitor held the largest market share in 2014 and is also predicted to be the fastest growing market with a CAGR of 22.7% from 2015 to 2023. Increasing usage of board mounted supercapacitor by different automotive manufacturers for various applications such as regenerative breaking and start stop system in order to reduce fuel consumption is responsible for the robust growth of board mounted supercapacitor market. Geographically, Asia Pacific supercapacitor market is predicted to experience the fastest growth rate with a CAGR of 23.2% from 2015 to 2023. Rapid expansion of production facility in this region owing to huge capital investment by different companies in this emerging technology results in sharp fall of price of the supercapacitor. This reduction in price of supercapacitor coupled with low maintenance cost is predicted to increase the usage of supercapacitor across different application segments. This in turn, is expected to boost the demand for supercapacitor in the coming years. After considering the various macroeconomic and micro economic factors, the predicted future growth of the global supercapacitor market is provided in this report. In addition, detailed analysis of various factors that are anticipated to affect the demand of supercapacitor globally, is highlighted in this report. The global supercapacitor market can be segmented as follows: Global Supercapacitor Market, By Application Automotive and Transportation Industrial Energy Consumer Electronics Others Global Supercapacitor Market, By Product Double Layer Supercapacitor Pseudocapacitor Hybrid Capacitor Global Supercapacitor Market, By Type Supercapacitor Module Supercapacitor Cell Board Mounted Supercapacitor Global Supercapacitor Market, By Geography North America U.S. Canada Mexico Europe U.K. Germany Italy France Rest of Europe Asia-Pacific India China Japan Rest of Asia Pacific Rest of the World (RoW) Middle East Latin America Africa Download the full report: https://www.reportbuyer.com/product/4000130/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/supercapacitor-market-by-application-by-product-and-by-type---global-industry-analysis-trend-size-share-and-forecast-2015---2023-300336900.html SOURCE ReportBuyer |