Supercapacitor Market worth explores new growth opportunities 2.18 Billion USD by 2022 by Jackwallner2 · June 18 Authentic Jessie Bates III Jersey , 2019
The supercapacitor market is estimated to be valued at USD 568.2 million in 2015 and is expected to reach USD 2,181.2 Million by 2022 at a CAGR of 20.7 % between 2016 and 2022. Factors such as high storage capabilities, need of power conservation, high performance supercapacitors for consumer and automotive applications, and additional capabilities such as moisture resistant, light weight and low equivalent series resistance are the key drivers for supercapacitor market.
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Browse 74 market data tables and 58 figures spread through 162 pages and in-depth TOC on聽鈥淪upercapacitor Market – Global Forecast to 2022鈥?em>
Double layer capacitor held the largest market share in 2015 and is expected to exhibit high growth during the forecast period
Automotive vertical expected to grow at the highest rate during the forecast period
APAC聽held the largest share of the supercapacitor market
The major tech companies such as Panasonic Corporation (Japan) Authentic A.J. Green Jersey , Murata Manufacturing Co., Ltd. (Japan), and Nesscap Co., Ltd. (China), among others have been responsible for the dynamic growth of the supercapacitor market in APAC. China held the largest market share in APAC, in 2015. Additionally Michael Jordan Jersey , its application in the consumer electronics and automotive vertical has fueled the market growth.
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The market in APAC is expected to grow at the highest rate during the forecast period. The increasing number of businesses in APAC has increased the demand for supercapacitor.
Major players operating in the supercapacitor market include Cap-XX Limited (Australia), Panasonic Corporation (Japan), Nesscap Energy Inc. (Canada), Murata Manufacturing Co., Ltd. (Japan), Maxwell Technologies Renell Wren Jersey , Inc. (U.S.), Axion Power International, Inc. (U.S.), AVX Corporation (U.S.), Graphene Laboratories, Inc. (U.S.) Ryan Finley Jersey , Nippon Chemi-Con Corporation (Japan), Mouser Electronics, Inc. (U.S.), and Evans Capacitor Company (U.S.).
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Global Silicone Elastomers Market is anticipated to grow significantly in the forecast period due to increasing applications of the silicone elastomers in medical and healthcare sector. Silicone elastomers are the gel-like materials that are colorless, odorless and tasteless and widely used in the production of several electrical insulation products. From several properties of silicone elastomers, physiological inertness is the major property since it helps in the application in medical sector. Silicone elastomers is today gaining popularity due to its properties like superior qualities like high performance and versatility.
Silicone elastomer market is majorly driven by growing consumption of the material in electronics industry. Silicone elastomers is extensively used in connector seals, hoses, gaskets, diaphragms Joe Mixon Jersey , fuel system valves, etc., which again fuels the market growth. Increasing automobile demand from emerging economies and growing spending power from the middle class population is also boosting the market growth. However, silicone elastomers industry is facing restraints by poor corrosion and oil & petroleum resistance properties of the material.