DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Ultracapacitor Market By Type (<10v, 10v - 25v, 25v - 50v, 50v - 100v, >100v), By Application (Automotive, Industrial, Energy, Electronics) And Segment Forecasts To 2024" report to their offering.
The global Ultracapacitor Market is expected to reach USD 8,049.1 million by 2024, according to this new report. 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.
The electronics segment accounted for over 50% of the overall revenue in 2015 and is estimated to witness considerable growth over the forecast period. This is primarily attributed to the smartphone proliferation particularly in developing countries including India, China, and Brazil coupled with increasing demand for smart glasses, e-books, smart watches, and e-papers worldwide.
- LS MTRON
- Maxwell Technologies
- Nippon Chemi-Con Corporation
- Panasonic Corporation
- Supreme Power Solutions Co. Ltd
1. Methodology and Scope
2. Executive Summary
3. Flexible Electronics Industry Outlook
4. Ultracapacitors Power Type Outlook
5. Ultracapacitors Application Outlook
6. Ultracapacitors Regional Outlook
7. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/htb3m7/ultracapacitor