Uploaded on Sep 18, 2020
The global ultracapacitors market is anticipated to reach USD 8,017.7 million by 2026, according to a new research published by Polaris Market Research. Asia-Pacific is expected to grow at the highest rate during the forecast period.
Ultracapacitors Market Worth $8,017.7 Million By 2026 | CAGR: 21.5%
Ultracapacitors Market
Set to Exceed USD USD 8,017.7 million by 2026 | CAGR
21.5%
“Ultracapacitors Market Share, Size, Trends, Industry
Analysis Report By Power (Less than 50 Volts, 50
Volts to 100 Volts, Above 100 Volts); By End-User
(Automotive, Energy, Industrial, Consumer
Electronics, Others); By Region, Segments &
Forecast, 2018 - 2026”
Ultracapacitors Market Estimate & Forecast to 2026
The global ultracapacitors market is anticipated to reach USD 8,017.7 million by 2026,
according to a new research published by Polaris Market Research. Asia-Pacific is expected
to grow at the highest rate during the forecast period.
The diverse applications of ultracapacitors in industries such as healthcare, automotive, and
consumer goods among others are expected to support the growth of the ultracapacitors
market. Other driving factors include rising demand for ultracapacitors in electric vehicles,
growing use of smart meters, and rising awareness regarding use of efficient energy storage
devices. However, high production costs hamper the growth of the ultracapacitors market.
Growing demand from emerging economies, growing adoption of electric vehicles, and
technological advancements are factors expected to provide numerous growth opportunities
in the coming years.
The growing adoption of electric vehicles, and increasing modernization of vehicles is
expected to support market growth of the ultracapacitors market. The increasing
requirement to reduce vehicle emissions and global carbon footprint drives the demand for
electric vehicles. Use of electric vehicles offer benefits such as low maintenance costs,
reduced harmful vehicle emissions, while providing comparable power.
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Ultracapacitors Market Scope
By Power, 2018-2026 By End-User, 2018-2026 By Region Report Attributes
Less than 50 Volts Automotive North America Historic year: 2015-2016
50 Volts to 100 Volts Energy Europe Base year: 2017
Above 100 Volts Industrial Asia Pacific Forecast Year: 2018-2026
Consumer Electronics Latin America Middle East & Revenue (USD Million)
Others Africa
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Ultracapacitors Market Estimate & Forecast to 2026
Asia-Pacific is expected to grow at the highest rate during the forecast period owing to the
presence of emerging industries such as healthcare, agriculture, construction, and
automotive. The increasing use of ultracapacitors in consumer electronics, and electric
vehicles, substantial initiatives in research and development, and increasing awareness
regarding energy efficiency drive the market growth. Rapid industrialization and growth of
manufacturing industry further support market growth in the region.
The key players operating in the ultracapacitors markets include Maxwell
Technologies, Skeleton Technologies, Nippon Chemi-Con Corporation, CAP-XX, Supreme
Power Solutions Co. Ltd, VINATech Co.,Ltd., NEC-TOKIN, LS Mtron, Nesscap, and Ioxus among
others. These companies launch new products and collaborate with other market leaders to
innovate and launch new products to meet the increasing needs and requirements of
consumers.
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Browse Complete Report
North America Ultracapacitors Market Share By End-Use, 2017 - 2026
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About Us
Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research services
for our clientele spread across different enterprises. We at Polaris are obliged to e present across
the industries of healthcare, technology, semi-conductors and chemicals among various other
industries present around the world.
We strive to provide our customers with updated information on innovative technologies, high
growth markets, emerging business environments and latest business-centric applications,
thereby helping them always to make informed decisions and leverage new opportunities. Adept
with a highly competent, experienced and extremely qualified team of experts comprising SMEs,
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our
customers.
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