Maxwell Technologies, Inc. (U.S.) and Panasonic Corporation (Japan) are Major Players in Supercapacitor Market
The growing demand for supercapacitors systems in automotive, consumer electronics and medical sectors can be attributed to their capability to turn on instantly, quick charging, huge energy storage, less complex designs, extended life, and light weight and growing need of energy conservation. This is expected to drive the growth of market, globally. The global supercapacitor market is expected to grow at a CAGR of 20.7% during the forecast period. The supercapacitor market includes key players such as Murata Manufacturing Co., Ltd. (Japan), Maxwell Technologies, Inc. (U.S.), Panasonic Corporation (Japan), CAP-XX Limited (Australia), and Nesscap Energy Inc. (Canada), among others.
Maxwell Technologies, Inc. (U.S.) is one of the major players in the market that designs, develops, manufactures, and sells energy storage, supercapacitor and power delivery solutions for automotive, backup power, hefty transportation, wireless infrastructures, renewable energy, ultracapacitor cells, multicell packs, and modules that offer safe and consistent power solutions for industrial and consumer electronics applications. These factors have played a significant role in increasing company’s sales globally. These ultracapacitors have been used in hybrid transit vehicles in China. The company also focuses on the development of advanced batteries in power quality and peak power applications.
Panasonic Corporation (Japan) is another major player which has a strong brand name and its product portfolio includes mobile phones, digital audio/video products, home communications, healthcare, industrial devices, and automotive systems, among others. The company has been developing new innovative products and technologies which help in strategic growth of the company. Recently, in September 2016, the company launched new low-frequency (LF) series of electric double-layer capacitors (EDLCS) which have temperature tolerance of −40°C to 85°C. This product is a stacked coin-type capacitor which is also categorized as gold capacitor or supercapacitor. These new product developments help the company to increase its value chain and thereby build a good customer linkage.
The other companies involved in the this market includes AVX Corp (U.S.), Axion Power International, Inc. (U.S.), Samwha Capacitor Group (China), Haydale (U.K.), Young Electronics Group (U.K.), ELNA CO., LTD. (Japan) and Korchip Company (Korea ) among others.
Related Reports:
Supercapacitor Market by Type (Double Layer, Pseudocapacitor, and Hybrid), Application (Laptop, Camera, Power Backup, Memory, UPS, Aircraft, Solid-State Disc Drives) Vertical, and Geography - Global Forecast to 2022
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