Automotive Sector to Drive Global Demand for Supercapacitors to Reach $7.3 Billion by 2026

LOS ANGELES - May 21, 2020 - PRLog -- Industry Experts, Inc. released the global market research report on Supercapacitors. The new report "Global Supercapacitors Market – Products, Modules and Applications" reveals that the Asia-Pacific forms the largest worldwide market for Supercapacitors in 2019, which is also poised to post the fastest 2019-2026 CAGR of 17.8%.

The global market for supercapacitors is the largest, as also the fastest growing, in Asia-Pacific. However, the adverse impact upon every industry caused by the Covid-19 outbreak in China in December 2019 has left its mark on the demand for supercapacitors also. While before the incidence of this pandemic the market for supercapacitors presented a rosy picture, with high double-digit growth rates in the range of 25%-35%, these trends would now be difficult to sustain. Countries across the globe are facing challenging medium-term futures and recovery could take anywhere from one to three years, again based on what the trajectory of a particular region's economy was before this devastating outbreak.

The Automotive & Transportation sector is expected to be the fastest growing market for Supercapacitors, the global demand for which is anticipated to compound annually at 16.6% during 2019-2026 in reaching a projected US$2.7 billion by 2026. The overall global market for Supercapacitors is expected to exceed US$3 billion in 2020.

The Supercapacitor product types market analyzed in this report includes Electrochemical Double-Layer Capacitors (EDLCs), Hybrid Capacitors and Pseudo Capacitors. The report examines the market for Supercapacitors (http://industry-experts.com/verticals/energy-and-utilitie...) by module type comprising Below 10 Volts, 10-25 Volts, 25-50 Volts, 50-100 Volts and Above 100 Volts. The study also explores the Heat Exchangers market by vertical sector including Aerospace, Military & Defense, Automotive & Transportation, Consumer Electronics, Energy, Industrial and Others.

This global market report on Supercapacitors includes 209 charts (includes a data table and graphical representation for each table), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 15 key global players and 35 major players across North America – 9; Europe – 3; and Asia-Pacific – 23. The report also provides the listing of the companies engaged in the research and development, manufacturing and supply of Supercapacitors. The global list of companies covers addresses, contact numbers and the website addresses of 101 companies.

California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.

For more details, please visit: http://industry-experts.com/verticals/energy-and-utilities/supercapacitors-market