The Global Supercapacitors market is valued at $0.63 billion in 2014 growing at a CAGR of 17.31% is expected to reach $2.63 billion by the year 2022. The Supercapacitor market is estimated to drive the market over next decade due to increase in demand for storage systems. The major drivers for the super capacitors market is advancement in super capacitor technology and operating in wide temperatures. High cost and well-established competitors are the major factors restraining the market growth. The growth opportunity for supercapacitors market lies in improvement of storage capacity and demand for Hybrid Electric Vehicles.
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Global Super capacitors market is segmented by Product, by Material, by Application and by Geography. Based on Product, Supercapacitors market is segmented into Industrial, Medical, Consumer and Energy. Based on Material, the market is segmented into Electrolytes, Electrodes and Separators. Based on Application, it is segmented into Wireless, Energy and Primary. The market by geography is segmented into North America, Europe, Asia Pacific, and Rest of the World. North America and Europe command the largest market, whereas Asia Pacific tends to be the fastest growing region.
The Key players in the market include Optixtal, Inc., elna co, ltd., bombardier, Inc., AVX Corporation, fdk corporation, Xg Sciences, Panasonic, Graphene Laboratories INC., and Skeleton.
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• Market share assessments for the regional and country level segments
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The global market for superconductor technologies is accounted for $1.8 billion in 2015 and is expected to reach $5.8 billion by 2022 growing at a compound annual growth rate (CAGR) of 12.8%. Superconducting materials exhibit the property of superconductivity. These materials can be classified into ceramics, organic materials, and metals. The demand pull for superconductors is escalating due to their raise in applications for commercial, health care, and industrial sectors. Superconductors are also broadly used in technologically advanced studies and in magnetic resonance imaging.
The semiconductor industry comprises of large numbers of established players and there are many emerging players looking to enter this market. Some big companies in this industry are ABB Ltd, Diboride Conductors Ltd, Eriez Manufacturing Company, Fuji Electric Company, Innova Superconductor Technologies, Hypres Inc, D-wave systems INC and Cryoton Ltd.
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