Global Production Value For Supercapacitors Market Was Valued At $ 1108.23 Million In 2016

The global production value for Supercapacitors market was valued at $ 1108.23 million in 2016, and is expected to generate production value of $ 3494.28 million by end of 2022, growing at a CAGR of slightly above 21.09% between 2016 and 2022. The global revenue for Supercapacitors market was valued at $ 1347.36 million in 2016, and is expected to generate revenue of $ 4244.69 million by end of 2022, growing at a CAGR of slightly above 21.08% between 2016 and 2022.

Now, the supercapacitors industry is mainly concentrated in the United States, Asia Pacific. From the manufacturers of products point of view, the competition between core enterprises is not direct, their products are not completely repeated, with different emphasis and competitive advantage in the market segments.

In terms of product prices, as the technology and application level matures, the overall price of supercapacitor products tends to be rational, and the current price range of products is basically kept within 10% per year. In particular, small-capacity super-capacitor products have basically matured.

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Improve performance, reduce costs is the main theme of the development of supercapacitors. Increasing the capacity and cycle characteristics of capacitors and reducing the cost have always been a concern in the industry. In terms of improving the performance, new materials such as carbon fibers, metal oxides, carbon aerogels, carbon nanotubes and composite electrode materials are constantly emerging. Electrolytes research focuses on the development of potential window width, high temperature resistance, good ionic conductivity materials.

Currently, supercapacitor electrode materials focus on: First, the combination of the use of existing electrode materials, such as electric double layer capacitors and Faraday quasi-capacitance storage mechanism, thereby increasing the capacitance. Second, the development of new electrode materials, in fact, the development of new electrode materials has never stopped.

Supercapacitors were widely used in Energy Storage, Power System and Electronic Device. Report data showed that 89.97% of the Supercapacitors market demand in Power System in 2016.What is more, growth rate of demand in Power System is largest, with a CAGR of slightly above 23.19% between 2016 and 2022.

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