Hybrid Capacitor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Albany, NY -- (SBWire) -- 04/16/2018 --Hybrid capacitors are combination of a supercapacitor and a conventional lithium ion battery. A hybrid capacitor uses electrodes with different characteristics. One electrode exhibits electrostatic capacitance, while the other has electrochemical capacitance. Owing to its high energy density and high power density, a hybrid capacitor is suitable for both applications which require high energy storage and pulse power such as navy radar planes.

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In addition, hybrid capacitor are capable of operating in extreme temperatures, ranging from -55°C to +200°C. Moreover, hybrid capacitor has a very good frequency response of about 5kHz and are smaller in size as compared to aluminum electrolytic capacitors. Thus, due to the huge benefits associated with hybrid capacitor it is increasingly adopted across various application segments especially in automotive, energy generation, military and defense sector among others.

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Increasing demand of hybrid capacitor from automotive and renewable energy generation and distribution sector is one of the most important factor anticipated to boost the demand of hybrid capacitor during the forecast period from 2017 to 2025. Use of hybrid capacitor in buses, long-haul trucks, fleet vehicles, trains, and metros among other vehicles can reduce fuel consumption and eliminates carbon emissions in these vehicles.

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Adoption of hybrid capacitor in several automotive applications such as auto start-stop, door-lock systems, power assist, regenerative braking, catalyst preheating and stabilization of electrical system is expected to raise the demand of hybrid capacitor globally.