Ultracapacitors Market Forecast 2013 - 2019

Transparency Market Research

Ultracapacitors Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019

Published Date 27-Sep-2013

81 Page Report

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Ultracapacitors Market is expected to reach USD 3.1 Billion globally in 2019: Transparency Market Research

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Ultracapacitors Market

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Ultracapacitors Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019 According to a new market report published by Transparency Market Research "Ultracapacitors Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019," the global ultracapacitors market was worth USD 672.0 million in 2012 and is expected to reach USD 3,120.0 million in 2019, growing at a CAGR of 25.2% from 2013 to 2019. Asia Pacific was the largest market for ultracapacitors in 2012 due to the increasing demand and huge potential of ultracapacitors in automotive, industrial, energy, military and electronic sectors. Browse the full report with complete TOC at http://www.transparencymarketresearch.com/capacitorsmarket.html This market is primarily driven by decreasing price and increasing application in regenerative breaking, micro-hybrids/stop-start systems, HEVs and aerospace/military. In addition, stringent government regulations related to carbon emissions in regions such as Europe, North America and China is supporting the growth of ultracapacitors. At the same time, benefits associated with ultracapacitors such as unlimited life cycle which is higher as compared to conventional batteries is expected to increase its demand in the coming years. Although the technology of ultracapacitors is dated, the usage of ultracapacitors is still at a nascent stage. High price as...