Market Overview:
The global hybrid capacitors (LICs) market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy storage and transportation applications, and rising awareness about hybrid capacitors among end-users. Based on type, the global hybrid capacitors (LICs) market is segmented into radial type and laminating type. The radial type segment is expected to account for the majority of the market share during the forecast period owing to its low manufacturing cost and easy installation process. Based on application, the global hybrid capacitors (LICs) market is segmented into energy generation & storage, transportation, UPS, industrial machines, and others.
 Industry Outlook.svg)
Product Definition:
Hybrid capacitors (LICs) are a type of capacitor that combines the best features of both electrolytic and film capacitors. They have high capacitance values, low leakage currents, and good stability over time. This makes them ideal for use in high-end audio equipment, digital cameras, and other electronics where performance is critical.
Radial Type:
The radial type was initially developed for use in the electrolytic capacitors industry. The technology is now being used in various applications such as hybrid and supercapacitors. Radial construction offers several benefits over axial construction, which includes lower inductance and higher tolerance for reverse polarity.
Increasing demand across several industries including automotive, consumer electronics & appliances, solar power inverters are expected to drive the market growth over the forecast period.
Laminating Type:
Laminating type is a new term in the capacitor industry which was introduced to differentiate between two major processes involved in manufacturing capacitors, namely lamination and dielectric lamination. The basic difference between these two processes is that while dielectric lamination involves the use of insulating materials such as ceramic or glass, laminating type process does not involve any additional insulation layer.
Application Insights:
The energy generation and storage segment accounted for the largest revenue share in 2017. Energy generation and storage is one of the key applications of LICs owing to their ability to store electrical energy as well as release it when needed. Increasing government support for renewable sources of energy, such as solar and wind, is expected to drive the demand for hybrid electric vehicles that use these capacitors. This, in turn, will fuel market growth during the forecast period.
UPS is another promising application sector due to increasing demand from end-users regarding enhanced power backup facilities coupled with improved performance characteristics over conventional lead acid batteries used currently in this sector. The rapid growth witnessed recently by data centers on a global level has also driven demand from industry participants who are building new data centers or expanding their existing ones; this factor alone can be responsible for driving market growth during the estimated time frame under review.
Regional Analysis:
Asia Pacific is projected to be the fastest-growing region over the forecast period owing to increasing demand for energy storage and industrial machines. The growing manufacturing sector in China, India, Japan, South Korea and Taiwan is expected to drive regional growth. Rapid urbanization coupled with increased infrastructure spending in developing economies including China and India are likely to augment market growth over the coming years.
The European region accounted for a significant share of global revenue in 2017 owing to high product adoption across major end-use industries including Automotive & Transportation, Energy Generation & Storage (EGS) and Industrial Machines (IME). However; North America LICs market is anticipated gain significant traction on account of stringent government regulations regarding carbon footprints along with rising emphasis on clean energy generation sources for sustainable development which will result into higher investments by companies operating within this industry vertical.
Growth Factors:
- Increasing demand for energy-efficient devices: The global market for Hybrid Capacitors (LICs) is expected to grow at a CAGR of over 9% from 2016 to 2024, owing to the increasing demand for energy-efficient devices across the globe.
- Rising popularity of electric vehicles: The market for Hybrid Capacitors (LICs) is also expected to benefit from the rising popularity of electric vehicles, as these capacitors help in improving the efficiency and performance of such vehicles.
- Growing investments in renewable energy sources: Governments and private investors are increasingly investing in renewable energy sources such as solar and wind power, which is likely to create opportunities for Hybrid Capacitors (LICs) manufacturers in the coming years.
- Technological advancements: With technological advancements, new applications are being developed that require high-performance capacitors such as Hybrid Capacitors (LICs). This is likely to fuel growth prospects for this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hybrid Capacitors (LICs) Market Research Report
By Type
Radial Type, Laminating Type
By Application
Energy Generation & Storage, Transportation, UPS, Industrial Machines, Others
By Companies
JM Energy (JP), Taiyo Yuden (JP), VINATech (KR), Cap Energy (CN), Jianghai (CN), EVE Energy (CN), TIG (CN)
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Hybrid Capacitors (LICs) Market Report Segments:
The global Hybrid Capacitors (LICs) market is segmented on the basis of:
Types
Radial Type, Laminating Type
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
Energy Generation & Storage, Transportation, UPS, Industrial Machines, Others
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:
- JM Energy (JP)
- Taiyo Yuden (JP)
- VINATech (KR)
- Cap Energy (CN)
- Jianghai (CN)
- EVE Energy (CN)
- TIG (CN)
 Market Overview.svg)
Highlights of The Hybrid Capacitors (LICs) 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:
- Radial Type
- Laminating Type
- By Application:
- Energy Generation & Storage
- Transportation
- UPS
- Industrial Machines
- Others
- 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 Hybrid Capacitors (LICs) 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
Hybrid capacitors are a type of capacitor that uses two different types of dielectrics, such as an electrolyte and a polymer. This allows the capacitor to have a longer life and better performance than traditional capacitors.
Some of the key players operating in the hybrid capacitors (lics) market are JM Energy (JP), Taiyo Yuden (JP), VINATech (KR), Cap Energy (CN), Jianghai (CN), EVE Energy (CN), TIG (CN).
The hybrid capacitors (lics) market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hybrid Capacitors (LICs) 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 Hybrid Capacitors (LICs) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hybrid Capacitors (LICs) 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 Hybrid Capacitors (LICs) 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 Hybrid Capacitors (LICs) Market Size & Forecast, 2018-2028
4.5.1 Hybrid Capacitors (LICs) Market Size and Y-o-Y Growth
4.5.2 Hybrid Capacitors (LICs) Market Absolute $ Opportunity
Chapter 5 Global Hybrid Capacitors (LICs) 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 Hybrid Capacitors (LICs) Market Size Forecast by Type
5.2.1 Radial Type
5.2.2 Laminating Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hybrid Capacitors (LICs) 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 Hybrid Capacitors (LICs) Market Size Forecast by Applications
6.2.1 Energy Generation & Storage
6.2.2 Transportation
6.2.3 UPS
6.2.4 Industrial Machines
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hybrid Capacitors (LICs) 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 Hybrid Capacitors (LICs) 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 Hybrid Capacitors (LICs) Analysis and Forecast
9.1 Introduction
9.2 North America Hybrid Capacitors (LICs) 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 Hybrid Capacitors (LICs) Market Size Forecast by Type
9.6.1 Radial Type
9.6.2 Laminating Type
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 Hybrid Capacitors (LICs) Market Size Forecast by Applications
9.10.1 Energy Generation & Storage
9.10.2 Transportation
9.10.3 UPS
9.10.4 Industrial Machines
9.10.5 Others
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 Hybrid Capacitors (LICs) Analysis and Forecast
10.1 Introduction
10.2 Europe Hybrid Capacitors (LICs) 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 Hybrid Capacitors (LICs) Market Size Forecast by Type
10.6.1 Radial Type
10.6.2 Laminating Type
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 Hybrid Capacitors (LICs) Market Size Forecast by Applications
10.10.1 Energy Generation & Storage
10.10.2 Transportation
10.10.3 UPS
10.10.4 Industrial Machines
10.10.5 Others
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 Hybrid Capacitors (LICs) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hybrid Capacitors (LICs) 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 Hybrid Capacitors (LICs) Market Size Forecast by Type
11.6.1 Radial Type
11.6.2 Laminating Type
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 Hybrid Capacitors (LICs) Market Size Forecast by Applications
11.10.1 Energy Generation & Storage
11.10.2 Transportation
11.10.3 UPS
11.10.4 Industrial Machines
11.10.5 Others
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 Hybrid Capacitors (LICs) Analysis and Forecast
12.1 Introduction
12.2 Latin America Hybrid Capacitors (LICs) 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 Hybrid Capacitors (LICs) Market Size Forecast by Type
12.6.1 Radial Type
12.6.2 Laminating Type
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 Hybrid Capacitors (LICs) Market Size Forecast by Applications
12.10.1 Energy Generation & Storage
12.10.2 Transportation
12.10.3 UPS
12.10.4 Industrial Machines
12.10.5 Others
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) Hybrid Capacitors (LICs) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hybrid Capacitors (LICs) 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) Hybrid Capacitors (LICs) Market Size Forecast by Type
13.6.1 Radial Type
13.6.2 Laminating Type
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) Hybrid Capacitors (LICs) Market Size Forecast by Applications
13.10.1 Energy Generation & Storage
13.10.2 Transportation
13.10.3 UPS
13.10.4 Industrial Machines
13.10.5 Others
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 Hybrid Capacitors (LICs) Market: Competitive Dashboard
14.2 Global Hybrid Capacitors (LICs) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JM Energy (JP)
14.3.2 Taiyo Yuden (JP)
14.3.3 VINATech (KR)
14.3.4 Cap Energy (CN)
14.3.5 Jianghai (CN)
14.3.6 EVE Energy (CN)
14.3.7 TIG (CN)
