The Europe Supercapacitor Market is expected to witness market growth of 13.9% CAGR during the forecast period (2022-2028).
The ability of supercapacitors provides emergency shutdown power or backup to low-power equipment like SRAM, RAM, microcontrollers, and PC cards, as well as emerging market segments such as HEV, smart grids, and renewable energy systems, which are the main factors driving the supercapacitors market. In addition, it is anticipated that rising demand for micro-supercapacitors and innovative solar & wind energy applications is expected to offer profitable opportunities for the industry's future expansion.
A number of vendors are releasing new products to support the market. Battery-powered industrial applications like smart meters, video doorbells, smoke detectors, and medical applications all depend on supercapacitor charging and discharging to sustain peak loads and backup power, which are important for a continuous operation. More research is being done on developing inexpensive as well as novel solutions based on existing supercapacitor technology, providing a more cost-effective and environmentally friendly alternative to current models and highlighting the necessity of lowering the cost of producing carbon-based electrodes and the dependence on essential components.
As companies in nations like the United Kingdom and Germany try to accommodate their employees who are working from home due to the laptop, network peripherals, coronavirus pandemic, & hardware components are in high demand. The introduction of the "stay at home" lifestyle has also increased the demand for a laptop for personal use. This increase in demand is expected to encourage the development of laptop carry cases in Europe. Owing to this, large use of consumer electronic such as laptop is expected to grow the demand for supercapacitors.
The Germany market dominated the Europe Supercapacitor Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $59.1 million by 2028. The UK market is anticipated to grow at a CAGR of 13% during (2022 - 2028). Additionally, The France market is expected to exhibit a CAGR of 14.7% during (2022 - 2028).
Based on Type, the market is segmented into Double Layered Capacitors, Pseudo capacitors and Hybrid Capacitors. Based on Application, the market is segmented into Automotive, Consumer Electronics, Energy, Industrial, Aerospace, Medical and Others. Based on Electrode Material, the market is segmented into Carbon, Metal Oxide, Conducting Polymers and Composites. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Corporation, Eaton Corporation PLC, Cornell Dubilier Electronics, Inc., CAP-XX Ltd, Nippon Chemi-Con Corp., Ioxus (XS Power Batteries), Kilowatt labs, Inc., Targray Technology International Inc., and Skeleton Technologies.
The ability of supercapacitors provides emergency shutdown power or backup to low-power equipment like SRAM, RAM, microcontrollers, and PC cards, as well as emerging market segments such as HEV, smart grids, and renewable energy systems, which are the main factors driving the supercapacitors market. In addition, it is anticipated that rising demand for micro-supercapacitors and innovative solar & wind energy applications is expected to offer profitable opportunities for the industry's future expansion.
A number of vendors are releasing new products to support the market. Battery-powered industrial applications like smart meters, video doorbells, smoke detectors, and medical applications all depend on supercapacitor charging and discharging to sustain peak loads and backup power, which are important for a continuous operation. More research is being done on developing inexpensive as well as novel solutions based on existing supercapacitor technology, providing a more cost-effective and environmentally friendly alternative to current models and highlighting the necessity of lowering the cost of producing carbon-based electrodes and the dependence on essential components.
As companies in nations like the United Kingdom and Germany try to accommodate their employees who are working from home due to the laptop, network peripherals, coronavirus pandemic, & hardware components are in high demand. The introduction of the "stay at home" lifestyle has also increased the demand for a laptop for personal use. This increase in demand is expected to encourage the development of laptop carry cases in Europe. Owing to this, large use of consumer electronic such as laptop is expected to grow the demand for supercapacitors.
The Germany market dominated the Europe Supercapacitor Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $59.1 million by 2028. The UK market is anticipated to grow at a CAGR of 13% during (2022 - 2028). Additionally, The France market is expected to exhibit a CAGR of 14.7% during (2022 - 2028).
Based on Type, the market is segmented into Double Layered Capacitors, Pseudo capacitors and Hybrid Capacitors. Based on Application, the market is segmented into Automotive, Consumer Electronics, Energy, Industrial, Aerospace, Medical and Others. Based on Electrode Material, the market is segmented into Carbon, Metal Oxide, Conducting Polymers and Composites. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Corporation, Eaton Corporation PLC, Cornell Dubilier Electronics, Inc., CAP-XX Ltd, Nippon Chemi-Con Corp., Ioxus (XS Power Batteries), Kilowatt labs, Inc., Targray Technology International Inc., and Skeleton Technologies.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Double Layered Capacitors
- Pseudocapacitors
- Hybrid Capacitors
By Application
- Automotive
- Consumer Electronics
- Energy
- Industrial
- Aerospace
- Medical
- Others
By Electrode Material
- Carbon
- Metal Oxide
- Conducting Polymers
- Composites
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Panasonic Corporation
- Eaton Corporation PLC
- Cornell Dubilier Electronics, Inc.
- CAP-XX Ltd
- Nippon Chemi-Con Corp.
- Ioxus (XS Power Batteries)
- Kilowatt labs, Inc.
- Targray Technology International Inc.
- Skeleton Technologies
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Europe Supercapacitor Market by Type
Chapter 4. Europe Supercapacitor Market by Application
Chapter 5. Europe Supercapacitor Market by Electrode Material
Chapter 6. Europe Supercapacitor Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Panasonic Corporation
- Eaton Corporation PLC
- Cornell Dubilier Electronics, Inc.
- CAP-XX Ltd
- Nippon Chemi-Con Corp.
- Ioxus (XS Power Batteries)
- Kilowatt labs, Inc.
- Targray Technology International Inc.
- Skeleton Technologies
Methodology
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