Ultracapacitor Market Size, Share, Trends and Forecasts, 2016 to 2022

According to Stratistics MRC, the Global Ultracapacitor market is accounted for $0.69 billion in 2015 and is expected to reach $3.1 billion by 2022 growing at a CAGR of 23.42%. Technological advancements, adoption of ultracapacitors in applications such as consumer electronics, power utilities and transportation are some of the factors driving the market. However, high price and dearth of awareness are the factors hindering the market growth.

Electronics segment accounted for the largest share in the market. Automotive segment is anticipated to register highest CAGR during the forecast period. The favourable growth is attributed to its rising applications in electric and hybrid vehicles. North America accounted for the largest share in the market. While, Asia Pacific is expected to witness the highest CAGR during the forecast period owing to ultracapacitor adoption in transportation like energy refilling in buses, trams and trains.

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Some of the key players in Ultracapacitor market include Cap-XX Ltd, Supreme Power Solutions Co. Ltd, Nippon Chemi-Con Corporation, Panasonic Corporation, Yunasko, Maxwell Technologies , LS MTRON, Ioxus Inc, Nesscap, Co., Ltd, ELNA AMERICA, INC., Nichicon Corporation , VINATech Co., Ltd., APowerCap Technologies, LLC, Axion Power International, Inc., and BatScap.

Applications Covered:

Industrial

o Mining

o Valves

o Cranes

o Smart grid

Automotive

o Train

o Bus

o Auto

o Others

Electronics

o UPS

o Solid state disk drive

o Non-volatile RAM

Energy

o Energy harvesting

o Solar

o Wind

Power Types Covered:

50 volts to 100 volts Modules

Above 100 volts module

25 volts to 50 volts Modules

10 volts to 25 volts Modules

What our report offers:

- Market share assessments for the regional and country level segments

- Market share analysis of the...