Lewes, DE -- (SBWire) -- 08/25/2015 --The Supercapacitor market is estimated to drive the market over next decade due to increase in demand for storage systems, the global supercapacitors market is expected to grow at a compound annual growth rate (CAGR) of 17.31% and reach US$2.63 billion by 2022 from $0.63 billion in 2014.
The major drivers for the super capacitors market is advancement in super capacitor technology and operating in wide temperatures. High cost and well-established competitors are the major factors restraining the market growth. The growth opportunity for supercapacitors market lies in improvement of storage capacity and demand for Hybrid Electric Vehicles.
Global Super capacitors market is segmented by Product, by Material, by Application and by Geography. Based on Product, Supercapacitors market is segmented into Industrial, Medical, Consumer and Energy. Based on Material, the market is segmented into Electrolytes, Electrodes and Separators. Based on Application, it is segmented into Wireless, Energy and Primary. The market by geography is segmented into North America, Europe, Asia Pacific, and Rest of the World. North America and Europe command the largest market, whereas Asia Pacific tends to be the fastest growing region.
The Key players in the market include Optixtal, Inc., elna co, ltd., bombardier, Inc., AVX Corporation, fdk corporation, Xg Sciences, Panasonic, Graphene Laboratories INC., and Skeleton.
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Global Supercapacitors Market - A $2.63 Billion Opportunity, Reveals New Report
Market Research Reports, Inc. has announced the addition of “Global Supercapacitors Market Outlook (2014-2022)" research report to their website www.MarketResearchReports.com