Evolving storage technologies alongside, the introductions of various capacitors substantiate the growth of the market, excellently. Furthermore, the increasing demand for stabilized power supply in applications such as laptop computers, GPS, and portable media players provide a massive impetus to the growth of the market.Regional Analysis
The Asia Pacific [FURL=https://www.marketresearchfuture.com/reports/super-capacitor-market-2548]Supercapacitor Market Forecast[/FURL] accounts for the largest share, globally. The presence of a large number of capacitor manufacturers and the increasing growth in the consumer electronics & automotive industries substantiate the increase in the regional market.
China, Japan, and India are predominantly driving the growth in the regional market due to the presence of a large number of electronic devices manufacturing companies in these countries. Availability of potent technologies at a much affordable cost is a trend likely to continue in the upcoming years as well, which is further expected to help the regional market to generate a substantial revenue pocket through 2017-2023.
The North American super capacitors market demonstrates a huge potential for revenue generation, particularly from the automotive and consumer electronics industry verticals. The region is a hub for the technological development and adoption of innovative technologies. The presence of a well-established infrastructure supports market progress, allowing implementations of advanced technologies.
Furthermore, the growing demand for increasing R&D activities and strict regulation pertaining to environment-friendly technologies are driving the regional market. Due to the presence of major electronics manufacturers and rising demand for digital technologies, the US and Canada are countries that account for major contributors to the growth of the regional market.
The super capacitors market in the European region is emerging as a profitable market globally. Burgeoning electronics industries, especially in the UK and Germany, are contributing to the market growth in the region majorly. The market in this region would grow at a considerable CAGR throughout the review period, perceiving a colossal uptake of Super Capacitors across the region.
Market Players
Players leading the super capacitors market include Maxwell Technologies, Inc. (US), Panasonic Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), Nesscap Energy Inc. (Canada), CAP-XX Limited (Australia), AVX Corp (US), Axion Power International, Inc. (US), DuPont (US), Haydale (UK), Toyota Motor Sales, Inc. (US), and Komatsu Ltd. (Japan) among others.
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