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Asia – Pacific Massive Development of Supercapacitor Market
The global supercapacitor market has witnessed massive developments in the past few years. The companies in Americas have shown an extensive growth and have a major market share in the supercapacitor ecosystem. Europe is following the Americas countries such as North America and South America and has given rise to the research and development areas of supercapacitors.The major market for supercapacitors falls in the highly developed countries and still, large scale research and development is being carried out in Europe. Though there have been considerable changes in the market with focus on green and clean technology in APAC countries such as South Korea, Japan, China, India, and so on.
Major companies in Americas,such as Ioxus, Inc. (U.S.), have implemented elastic methods for preserving and delivering power for designing and manufacturing supercapacitors with the highest standards. North America has a unique electrode designs delivery high power density for the highest performance with the lowest resistance. Maxwell Technologies (U.S.) is trying its best to expand its market for high-voltage capacitors and radiation-hardened microelectronic products. It has entered into partnerships with SK Innovations (Korea) and University of California (U.S.) for developing new energy storage solutions. It also entered into strategic alliance with SK Innovation (Korea) to grab the opportunity for commercial transport, industrial, and other market.From 2000, in Europe, there has been a drop in the government funding which has held the growth of the market due to the cost aggressive nature of new materials. Germany, France, Switzerland, and the U.K. are the major players located in Europe.Energy storage is playing a key role in the German government strategy for a dependable, economical, and environment-friendly energy supply by 2050. Even the government of Asia is funding internationally to support the hybridized transportation system of supercapacitors. The highest orders of supercapacitor bus traction batteries are placed in East Asia and China, which are harvesting the energy from braking of trains.
In the modern context, transportation and consumer applications not only serve the role of a torch bearer but also enjoy the lion’s share in the supercapacitor ecosystem. Electrolytes, followed by electrodes, have the major share in the supercapacitor market in the material segment. The thermal as well as the electrical characteristics of supercapacitors depend on the combination of electrode material used and the type of electrolyte used which makes the supercapacitor useful in wide temperature range applications.
Supercapacitor Market by Materials (Electrodes, Electrolyte, and Separators), Products (Consumer, Industrial, Transport, and Others), Applications (Primary, Energy, Wireless, and Others), and Geography - Analysis & Forecast (2013 - 2020)
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