Asia Pacific market is expected to exhibit the highest CAGR over the forecast period (2017 – 2025). This is due to presence of major key players in this region such as Panasonic Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), and Nesscap Co., Ltd. (China). Rapid technological advancements in automotive sector is expected to boost the market growth. For instance, according to the International Energy Agency’s Global EV Outlook, China was largest market for electric vehicles in 2016, accounting for sell of over 40% of the electric cars worldwide, which includes over 200 million electric two-wheelers and over 300,000 electric buses. Supercapacitors are significantly used in electric and hybrid vehicles for short-term energy storage and brake reforming, which in turn is fueling growth of the market in this region.
Supercapacitor Market Taxonomy
On the basis of type, the global supercapacitor market is segmented into:
On the basis of materials, the global supercapacitor market is segmented into:
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