Global pseudocapacitor market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of ~20% during the forecast period.
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
A pseudocapacitor is a two terminal faradic electromechanical storage capacitor. It is used to store electrical energy using faradic reactions by electron charge transfer between electrolyte and electrode. The faradic reaction includes intercalation processes, redox reactions and electrosorption. It is the combination of properties of batteries and capacitors into one component.
A growing market for capacitor industry across the region and increasing adoption of pseudocapacitor in various consumer electronic applications is the major driving factor behind the growth of the market. Increasing development in the pseudocapacitance and double layer model and electrochemical components, rising adoption of consumer electronics product such as laptops and cameras, increasing demand of high performance electronics devices, rising integration of pseudocapacitance property in supercapacitors and surge in the demand of pseudocapacitors in applications such as renewable energy, automotive, railways and power industries are expected to improve the growth of the market during the forecast period. Pseudocapacitor provides some major benefits such as high cycling stability, reduced battery weight, fast charging ability, compatibility with environmental standards and reduced size and cost, which are ultimately propelling the growth of the market.
Nevertheless, high self-discharge rate and low energy density are major restraining factors that could hamper the growth of the market.
Global Pseudocapacitor Market: Segmentation Analysis
By material, manganese oxide (MnOx) based pseudocapacitor segment dominated the market in 2019 and is projected to witness fast growth at a CAGR of XX% during the forecast period. Manganese oxide is one of the most environment friendly electrode material used in the battery storage devices. Massive ongoing researches and developments to explore the MnOx as the electrode materials for pseudocapacitors and worldwide growing significance for MnOx in pseudo capacitors applications are the major factors that are impelling the growth of the market.
By application, laptop and camera segment dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. A growing consumer electronic industry across the globe and rapid adoption of highly developed laptop devices in many industrial sectors is attributed to the growth of the market. Moreover, increasing requirements for laptops and their chargers with fast charging ability and rising need for long lasting charging batteries for cameras and laptops is expected to improve the growth of the market during the forecast period.
Global Pseudocapacitor Market: Regional Analysis
Region-wise, the Asia Pacific held the largest market share in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. The economies such as China, Japan, India, Vietnam, Taiwan, Australia, and South Korea are the major key contributors behind the growth of the market. The growth is attributed to the growing market for consumer electronic industry across the region.
The massive presence of various leading pseudocapacitor manufacturing companies across the region, increasing export activities of electronic components, growing adoption of pseudocapacitors in smart grid, energy harvesting, street lights, hybrid electric vehicles and many other applications is driving the growth of the market in the APAC region.
Increasing research and development activities in the field of pseudocapacitor is further propelling the growth of the market in the region. For instance, in April 2020, the Indian scientists of the Institute of Nano Science and Technology have discovered novel material for pseudocapacitors to store electric energy.
The objective of the report is to present a comprehensive analysis of the Global Pseudocapacitor Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Pseudocapacitor Market dynamics, structure by analyzing the market segments and projects the Global Pseudocapacitor Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Pseudocapacitor Market make the report investor’s guide.
The Scope of Global Pseudocapacitor Market
Global Pseudocapacitor Market, By Type
• Intercalation Pseudocapacitor
• Redox Pseudocapacitor
• Under Potential Deposition Pseudocapacitor
Global Pseudocapacitor Market, By Material
• Manganese Oxide Based Pseudocapacitor
• Ruthenium Oxide Based Pseudocapacitor
Global Pseudocapacitor Market, By Application
• Memory Devices
• Audio system
• Solar Watch
• Smoke Detector
• Power Backup
Global Pseudocapacitor Market, By Region
• North America
• Asia Pacific
• South America
• Middle East and Africa
Global Pseudocapacitor Market, Key Players
• Maxwell Technologies Inc
• Nesscap CO. LTD
• Panasonic Corporation
• Ioxus, Inc
• Nippon Chemi-Con Corporation
• Supreme Power Solutions Co., Ltd
• Murata Manufacturing Co., Ltd.
• Axion Power International, Inc.
• ELNA CO., LTD.
• Lomiko Metals Inc.
• Toyota Motor Sales, Inc.
• Tecate Group
• Young Electronics Group
• AVX Corp
• LS Mtron
• Jinzhou Kaimei Power Co., Ltd
• Komatsu Ltd
South America & MEA
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Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Name: Vikas Godage
Organization: Maximize Market Research Pvt.Ltd.Pune
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