Market Overview:
The global electrochemical capacitors market is expected to grow at a CAGR of 10.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and high-performance electronics devices. Additionally, the growing demand for electric vehicles and construction machinery is also propelling the growth of this market. Based on type, the global electrochemical capacitors market can be segmented into double layer capacitor and pseudocapacitor. The double layer capacitor segment is expected to account for a larger share of the global electrochemical capacitors market in 2018 owing to its higher energy density as compared to pseudocapacitor. However, with technological advancements being made in pseudocapacitor technology, this segment is projected to grow at a higher CAGR during the forecast period. Based on application, the global electrochemical capacitors market can be divided into consumer electronics, transportation, electricity generation and storage, military and aerospace applications, and construction machinery applications. Among these segments, consumer electronics held majority share of 49% in 2017 owing to rising demand for smartphones globally coupled with increasing penetration rate of smart wearable devices such as fitness bands and smart watches . However ,the transportation sectoris projectedto witness highest CAGR during forecast period due tonumerous upcoming electrified vehicle models by various OEMs across different geographies .
Product Definition:
An electrochemical capacitor (e-cap), also known as a supercapacitor or ultracapacitor, is a type of capacitor that has very high capacitance relative to other types of capacitors. This makes them suitable for high power applications such as in electric vehicles and renewable energy systems.
Double Layer Capacitor:
Double layer capacitor is a two-piece construction with an insulating layer between the plates. The capacitor has applications in electric circuits as it can store a charge and then release it when needed. It is widely used in DC circuits as they are stable and have low leakage factors, which makes them suitable for storing static charges. Double layer capacitors are also used in AC circuits to smooth out fluctuations, especially those caused by power supplies or batteries.
Pseudocapacitor:
Pseudocapacitor is a dielectric component that imitates the behavior of a capacitor, but with higher storage capacity. It can be used as an alternative to normal capacitors in any circuit and has several benefits over them. These include high tolerance for short circuits, ability to handle high voltage (up to 1,500V), low self-heating rate (0.1C/mW), lower maintenance requirements and cost effectiveness among others.
Application Insights:
Electrochemical capacitors have numerous applications in consumer electronics, transportation, electricity generation and distribution, military and aerospace, construction machinery and other industries. In terms of revenue, the consumer electronics segment dominated the global electrochemical capacitors market with a share of 33.1% in 2017. The segment is projected to witness significant growth over the forecast period owing to increasing demand for high-quality electronic products with enhanced performance capabilities at low costs coupled with sustainable environmental practices.
The construction machinery industry utilizes electrochemical capacitors as energy storage devices that are used for power backup or grid balancing purposes during off-grid operations or renewable energy generation projects.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. The regional market growth can be attributed to increasing demand from end-use industries, such as consumer electronics, transportation and electricity. China is projected to remain a key contributor in terms of production and consumption of capacitors owing to its well-established manufacturing base for electronic products along with growing investments in renewable energy projects across the globe.
Europe was valued at USD X million in 2017 on account of high product demand from several major end-use sectors including automotive, construction machinery, consumer electronics and power applications. North America accounted for a significant share due to increased use across several industrial applications such as water treatment & purification equipment; gas turbines; solar cells & modules; batteries etc., which are anticipated drive industry growth over the next eight years (2030).
Growth Factors:
- Increasing demand for electric vehicles: The global Electrochemical Capacitors market is expected to grow at a CAGR of more than 9% during the forecast period. This can be attributed to the increasing demand for electric vehicles, as they require high-performance capacitors for energy storage.
- Growing popularity of renewable energy sources: Renewable energy sources such as solar and wind are gaining popularity across the globe due to their environmental benefits. This is expected to drive the growth of the Electrochemical Capacitors market in coming years.
- Rising demand from industrial sector: The industrial sector is one of the key consumers of Electrochemical Capacitors and is expected to grow at a CAGR of more than 10% during 2019-2025 owing to rising adoption of these devices in various applications such as automotive, aerospace & defense, and consumer electronics among others.
- Technological advancements: Rapid technological advancements are taking place in this field which is resulting in development new types electrochemical capacitors with better performance characteristics such as higher capacitance values and longer lifespans which will boost market growth over forecast period . 5 Emerging economies offer potential growth opportunities: The Electrochemical Capacitor market offers potential growth opportunities in emerging economies due to growing industrialization and urbanization rates coupled with rising disposable incomes
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrochemical Capacitors Market Research Report
By Type
Double Layer Capacitor, Pseudocapacitor
By Application
Consumer Electronics, Transportation, Electricity, Military and Aerospace, Construction Machinery
By Companies
Maxwell, Panasonic, NEC TOKIN, LS Mtron, Nippon Chemi-Con Corp, ELNA, NICHICON, Supreme Power Solutions, Rubycon, AVX, Maxwell, Vina Technology Company, Ioxus, Samwha, KAIMEI, Samxon, Cornell-Dubiller, WIMA, Murata
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Electrochemical Capacitors Market Report Segments:
The global Electrochemical Capacitors market is segmented on the basis of:
Types
Double Layer Capacitor, Pseudocapacitor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Transportation, Electricity, Military and Aerospace, Construction Machinery
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Maxwell
- Panasonic
- NEC TOKIN
- LS Mtron
- Nippon Chemi-Con Corp
- ELNA
- NICHICON
- Supreme Power Solutions
- Rubycon
- AVX
- Maxwell
- Vina Technology Company
- Ioxus
- Samwha
- KAIMEI
- Samxon
- Cornell-Dubiller
- WIMA
- Murata
Highlights of The Electrochemical Capacitors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Double Layer Capacitor
- Pseudocapacitor
- By Application:
- Consumer Electronics
- Transportation
- Electricity
- Military and Aerospace
- Construction Machinery
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrochemical Capacitors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electrochemical capacitor is a device that stores energy in the form of an electric potential difference. Electrochemical capacitors are made from two conductive plates, separated by an insulator, and charged with electricity. When voltage is applied to the capacitor, it will store a small amount of energy as an electric potential difference between the plates.
Some of the major players in the electrochemical capacitors market are Maxwell, Panasonic, NEC TOKIN, LS Mtron, Nippon Chemi-Con Corp, ELNA, NICHICON, Supreme Power Solutions, Rubycon, AVX, Maxwell, Vina Technology Company, Ioxus, Samwha, KAIMEI, Samxon, Cornell-Dubiller, WIMA, Murata.
The electrochemical capacitors market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrochemical Capacitors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electrochemical Capacitors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrochemical Capacitors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electrochemical Capacitors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electrochemical Capacitors Market Size & Forecast, 2018-2028
4.5.1 Electrochemical Capacitors Market Size and Y-o-Y Growth
4.5.2 Electrochemical Capacitors Market Absolute $ Opportunity
Chapter 5 Global Electrochemical Capacitors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electrochemical Capacitors Market Size Forecast by Type
5.2.1 Double Layer Capacitor
5.2.2 Pseudocapacitor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electrochemical Capacitors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electrochemical Capacitors Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Transportation
6.2.3 Electricity
6.2.4 Military and Aerospace
6.2.5 Construction Machinery
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrochemical Capacitors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrochemical Capacitors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electrochemical Capacitors Analysis and Forecast
9.1 Introduction
9.2 North America Electrochemical Capacitors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electrochemical Capacitors Market Size Forecast by Type
9.6.1 Double Layer Capacitor
9.6.2 Pseudocapacitor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electrochemical Capacitors Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Transportation
9.10.3 Electricity
9.10.4 Military and Aerospace
9.10.5 Construction Machinery
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electrochemical Capacitors Analysis and Forecast
10.1 Introduction
10.2 Europe Electrochemical Capacitors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electrochemical Capacitors Market Size Forecast by Type
10.6.1 Double Layer Capacitor
10.6.2 Pseudocapacitor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electrochemical Capacitors Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Transportation
10.10.3 Electricity
10.10.4 Military and Aerospace
10.10.5 Construction Machinery
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electrochemical Capacitors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electrochemical Capacitors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electrochemical Capacitors Market Size Forecast by Type
11.6.1 Double Layer Capacitor
11.6.2 Pseudocapacitor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electrochemical Capacitors Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Transportation
11.10.3 Electricity
11.10.4 Military and Aerospace
11.10.5 Construction Machinery
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electrochemical Capacitors Analysis and Forecast
12.1 Introduction
12.2 Latin America Electrochemical Capacitors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electrochemical Capacitors Market Size Forecast by Type
12.6.1 Double Layer Capacitor
12.6.2 Pseudocapacitor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electrochemical Capacitors Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Transportation
12.10.3 Electricity
12.10.4 Military and Aerospace
12.10.5 Construction Machinery
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electrochemical Capacitors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electrochemical Capacitors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electrochemical Capacitors Market Size Forecast by Type
13.6.1 Double Layer Capacitor
13.6.2 Pseudocapacitor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electrochemical Capacitors Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Transportation
13.10.3 Electricity
13.10.4 Military and Aerospace
13.10.5 Construction Machinery
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrochemical Capacitors Market: Competitive Dashboard
14.2 Global Electrochemical Capacitors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Maxwell
14.3.2 Panasonic
14.3.3 NEC TOKIN
14.3.4 LS Mtron
14.3.5 Nippon Chemi-Con Corp
14.3.6 ELNA
14.3.7 NICHICON
14.3.8 Supreme Power Solutions
14.3.9 Rubycon
14.3.10 AVX
14.3.11 Maxwell
14.3.12 Vina Technology Company
14.3.13 Ioxus
14.3.14 Samwha
14.3.15 KAIMEI
14.3.16 Samxon
14.3.17 Cornell-Dubiller
14.3.18 WIMA
14.3.19 Murata
