Report Title: “Global Electric Double-layer Capacitor (EDLC) Market – Segmented by Product Type, End-User (Consumer Electronics, Industrial, Automotive), and Geography – Growth, Trends, and Forecast (2018 – 2023)”
Electric Double-layer Capacitor (EDLC) Market (2018 – 2023) research report provides List of manufacturers, regional analysis, segmentation by type & applications and the actual process of whole Electric Double-layer Capacitor (EDLC) industry. Electric Double-layer Capacitor (EDLC) Market report delivers a detailed study of present and upcoming Opportunities to clarify future investment in the market.
“Electric Double-layer Capacitor (EDLC) Market report is expected to register a CAGR of 10.1% over a five years forecast period.”
List of Major Key players operating in the Global Electric Double-layer Capacitor (EDLC) Market are –
- Maxwell Technologies
- Murata Manufacturing
- Nec Tokin
- Nippon Chemi-Con
- Axion Power
- Enable Ipc
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The global electric double-layer capacitor (EDLC) market is projected to register CAGR of 10.1% during the forecast period (2018 – 2023).
The electric double-layer capacitors provide better performance in several applications, including consumer electronics and electric vehicles. The rise in government regulations concerning carbon emissions, along with growing adoption of graphene and carbon nanotube EDLCs, is a major factor that is expected to drive the growth of the market. Considering the high costs involved and the limited scalability, manufacturers are providing EDLCs based on carbon nanotubes and graphene. Evolving green energy applications, advancements in electric double-layer capacitor technologies, improving price/performance ratios, and growing new applications across several industries are driving the market for electric double-layer capacitors.
Growing Demand for Environment-Friendly Technologies
The consumption of oil and other hydrocarbon reserves has increased largely in the past few years. With rapid economic growth around the world, the average energy consumption has begun to rise globally. Developments in the Industrial sector have enabled the exploitation of more energy resources in order to run the business. Major companies in the semiconductor technology re pacing up their efforts to reduce greenhouse gas emissions, which is increasing the market for alternative energy technologies.
Automotive Sector Holds a Significant Market Share
Automobile manufacturers are majorly using electrical energy instead of fossil fuels in order to reduce the number of carbon emissions. With the rise in technological advancements, along with the need to minimize the hazardous effects of e-waste in the environment, they are using electric double-layer capacitors to substitute electrolytic batteries, subsequently fueling market growth. Factors, such as efficient operation in harsh weather conditions and the rise in fossil fuel prices, will considerably contribute to the growth of the double-layer capacitor market in this industry segment.
North America to Hold the Major Market Share
Modernization of old transmission power grids, increased penetration of electric vehicles, and the growing need for wireless chargers for vehicles are some the factors that are expected to impact the market growth in North America. Electronic gadgets see high adoption rate in the country. In the US, which is one of the technologically advanced nations in the world, most people buy consumer electronics on a regular basis. Smart phones, tablets, portable speakers, and AI-assisted electronics are experiencing high growth in the region. Presence of large multinational corporations makes the country a pilot region for most of the electronic devices. These factors are influencing the growth of the electric double-layer capacitors market in the region.
Major Players : MAXWELL TECHNOLOGIES, MURATA MANUFACTURING, NEC TOKIN, NIPPON CHEMI-CON, PANASONIC, AXION POWER, CELLERGY, CAP-XX, EESTOR, ENABLE IPC, EPCOS, ELNA, NICHICON, amongst others.
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Global Electric Double-layer Capacitor (EDLC) Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2018-2023):
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
- Asia Pacific (China, Japan, India, Southeast Asia and Australia)
- Latin America (Brazil, Argentina and Colombia)
- The Middle East and Africa
Key Questions Answered About Electric Double-layer Capacitor (EDLC) Market:
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the Electric Double-layer Capacitor (EDLC) market for selective countries?
- Which region or sub-segment is selected is expected to drive the market in the forecast period?
- What factors are estimated to drive and restrain the market growth?
- What are the key technological and Electric Double-layer Capacitor (EDLC) market trends shaping the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
Reasons to Purchase Electric Double-layer Capacitor (EDLC) Market Report:
- The report analyses how stringent emission control norms will drive the global Electric Double-layer Capacitor (EDLC) market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major Electric Double-layer Capacitor (EDLC) market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
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Electric Double-layer Capacitor (EDLC) Market Report TOC Includes:
- Introduction of Electric Double-layer Capacitor (EDLC) Market
- Research Approach and Methodology
- Electric Double-layer Capacitor (EDLC) Market Overview
- Electric Double-layer Capacitor (EDLC) Market Segmentation
- Competitive Landscape
- Company Profiles
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