Global Super Capacitors Market Is Expected to Reach $2.63 Billion by the Year 2022; Finds New Report
The Global Supercapacitors market is valued at $0.75 billion in 2015 growing at a CAGR of 19.6% is expected to reach $2.63 billion by the year 2022. High demand for storage system and technological advancements in super capacitor technology are the factors driving the market growth. However, 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.
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